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SCWorx faces delisting from NASDAQ after falling below minimum price threshold
SCWorx received notice from NASDAQ on April 7 that its stock does not meet the $1.00 minimum bid price requirement and is to be delisted from the Nasdaq Capital Market. A previously granted 180‑day cure period expired on April 6; trading in the common stock is scheduled to be suspended at the market open on April 14. SCWorx has appealed the decision and effected a 1-for-15 reverse stock split on April 7 to boost the share price. To regain compliance, the stock must trade at $1.00 or higher for at least ten consecutive trading days, but success is not guaranteed. » More on de.investing.com
SCWorx signs SaaS and data management contract with healthcare provider in southeastern US
SCWorx has signed a SaaS and data management contract with an integrated health network of more than 700 beds to support the Workday-ERP implementation. Services include data normalization, master data governance, legacy system migration and continuous monitoring of data integrity via SCWorx’s cloud-based platform. The contract strengthens the company’s position in the healthcare sector and aligns with its strategy to generate recurring SaaS revenue from major cloud platforms. » More on de.investing.com
SCWorx closes data-management deal with 500-bed hospital in the US
SCWorx has signed a contract with a Midwestern US university hospital (about 500 beds) to provide data-cleansing and enrichment services in support of Workday initiatives. The micro-cap company reportedly has more cash than debt and disclosed no financial details for the new contract. SCWorx also renewed a three-year contract worth about $1.692 million, generated gross proceeds of roughly $721,574 from warrant exercises, announced a partnership for AI-powered payment automation, and received a 180-day Nasdaq extension to regain the minimum bid price until April 6, 2026. » More on de.investing.com
SCWorx closes partnership for AI-powered payment processing in healthcare
SCWorx has agreed to partner with an unnamed provider of AI-based payment and supply chain automation to integrate its data management modules into the partner’s platform and pursue joint business opportunities in healthcare. The micro-cap highlights this as part of its growth strategy; financial terms were not disclosed. SCWorx also received a 180-day NASDAQ extension until April 6, 2026, reported the renewal of an existing healthcare contract worth about $1.692 million over three years, and disclosed option exercises generating gross proceeds of approximately $721,574. The stock is down roughly 88% year-to-date and trading near its 52-week low. » More on de.investing.com
SCWorx extends healthcare contract by three years; volume rises 113%
SCWorx has signed a new three‑year agreement worth approximately $1,692,000 with an existing healthcare partner, an increase of 113% over the previous contract. The customer is expanding the collaboration with additional services and doubling the amount of data processed through the platform. SCWorx also realized gross proceeds of about $721,574 from the exercise of warrants, appointed Anders Ohlsson as CTO, and entered a new partnership with a national healthcare supply chain consulting firm. » More on de.investing.com
Financials
| (EUR) | June 2026 | YoY |
|---|---|---|
| Revenue | 618.65k | 6.82% |
| Gross profit | 289.52k | 89.14% |
| Net profit | -105.98k | 93.45% |
| EBITDA | -105.2k | 66.63% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €18.43m |
Number of shares | 16m |
52-week high/low | €80.01 - €0.97 |
| Dividends | No |
Beta | 1.49 |
P/E ratio | -0.28 |
PEG ratio | 0.00 |
P/B ratio | 0.02 |
P/S ratio | 6.95 |
Company profile
SCWorx Corp. provides software solutions for the management of health care providers' foundational business applications in the United States. The company provides services related to repair, normalization, and interoperability of information, as well as big data analytics model that provides web portal for display, and reporting and analysis of the information contained within the data warehouse. It also offers various software solutions and services, such as virtualized item master file repair, expansion, and automation; electronic medical record management, a module that integrates the advanced data attributes created in the item master to the electronic medical records; charge description master management(CDM), a module, which assists healthcare providers by integrating the CDM data into the workflow of the hospitals purchasing systems; contract management, a module that assists healthcare providers to establish a contract management system and to provide care to patients; request for proposal automation solution; rebate management; ScanWorx, a mobile perioperative closed loop scanning solution; and data integration and warehousing, as well as solutions for integration of acquired businesses, which enable deployment of a virtual item master files. The company sells its solutions and services to hospitals and health systems through its distribution and reseller partnerships. In addition, it offers CageTix, a ticketing platform for mixed martial arts industry. Further, the company focuses on selling rapid test kits for COVID-19; and personal protective equipment. SCWorx Corp. is based in New York, New York.
| Name | SCWORK CORP. DL-,01 |
| CEO | Timothy Andrew Hannibal |
| Headquarters | Middleton,
ma USA |
| Website | |
| Sector | Consumer Discretionary |
| Industry | Hotels, Restaurants & Leisure |
| IPO | 06/10/2016 |
| Employees | 9 |
Ticker symbols
| Exchange | Symbol |
|---|---|
NASDAQ | WORX |
Frankfurt | 4R8.F |
München | 4R8.MU |