12 Popular Penny Stocks on Robinhood to Watch

Page 6 of 10

5. Sensus Healthcare Inc. (NASDAQ:SRTS)

No of hedge fund holders: 11

Sensus Healthcare Inc. (NASDAQ:SRTS) is a medical device company specializing in innovative radiation therapy solutions for healthcare providers around the globe.

Sensus Healthcare Inc. (NASDAQ:SRTS) announced the publication of a retrospective study examining the efficacy of their SRT-100® system in the treatment of keloids. The study, carried out at Taiwan’s Tri Service Military Hospital, demonstrated that combining surgical excision of keloids with primary wound closure, followed by Superficial Radiation Therapy using the SRT-100® system, resulted in no keloid recurrence in the majority of patients followed for over six months. The results not only underline the effectiveness of Sensus Healthcare’s approach but also reinforce the company’s commitment to improving the quality of life for those suffering from dermatological issues.

Sensus Healthcare Inc. (NASDAQ:SRTS) reported its fifth consecutive quarter of profitability with a net income of $1.5 million. It achieved record-high shipments of 39 superficial radiotherapy (SRT) systems, an 18% increase compared to the same quarter prior year. The company’s revenues were also robust, reaching $13.1 million for the quarter, a 4% increase year-on-year. Sensus Healthcare ended the year with a healthy balance sheet, possessing $22.1 million in cash and cash equivalents while carrying no debt.

Page 6 of 10