Imricor Medical Systems Inc

  • IPO date:
  • Sector: Healthcare
  • GIC Group: Health Care Equipment & Services
  • Industry: Medical Devices
  • Company website

Company description

Imricor Medical Systems, Inc., a medical device company, designs, manufactures, sells, and distributes magnetic resonance imaging (MRI) compatible products for cardiac catheter ablation procedures in the United States. The company's principal products include the Advantage-MR EP Recorder/Stimulator system, an EP recording system and cardiac stimulator; Vision-MR Ablation Catheter, which is used as an indication for treating type I atrial flutter; and Vision-MR Dispersive Electrode that is used to minimize eddy currents induced on the conductive pads during MR scanning. It also performs contract research, as well as licenses its intellectual property for use in implantable devices. The company was incorporated in 2006 and is headquartered in Burnsville, Minnesota.

Financial highlights

Market Capitalization$91.6688 million
P/E Ratio0
P/E Growth Ratio
Book Value-0.006
Dividend Per Share0
Earnings Per Share-0.2
EBITDA-15,944.905
Profit Margin0
Operating Margin TTM-34.9476
Return on Assets TTM-0.8172
Return on Equity TTM-2.7456
Revenue TTM477.068

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2016-12-31 523.29 50 473.29 4,574.633
2017-12-31 433.54 0 433.54 5,394.825
2018-12-31 1,002.45 1,002.449 5,819.687
2019-12-31 639.704 377.365 262.339 13,012.878
2020-12-31 702.161 1,099.833 -397.672 12,107.092
2021-12-31 696.267 2,592.191 -1,895.924 19,148.33
2022-12-31 816.011 2,342.795 -1,526.784 16,468.301

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2016-12-31 2,089.084 2,509.06 5,427.6 0 1,630 369.882
2017-12-31 1,769.08 2,345.39 6,453.45 0 2,325 419.828
2018-12-31 12,436 16,057 2,588 333 9,596.61 47,295
2019-12-31 5,048.893 10,521.529 3,488.112 127.263 0 47,459.121
2020-12-31 25,139.812 33,569.416 4,753.366 198.029 81,688.227
2021-12-31 18,516.208 26,864.407 4,463.693 518.655 95,005.431
2022-12-31 5,687.816 13,700.861 6,190.421 867.177 2,182.9 97,471.424

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2016-12-31 -4,084.86 -3,011.807 -1,454.16
2017-12-31 -5,143.879 -4,329.134 -320.004
2018-12-31 -5,448.482 -4,733.848 -180.732 2,267.1253199999996
2019-12-31 -13,551.276 -6,627.993 3,460.545 1,588.348 5,048.893
2020-12-31 -12,974.562 -12,230.689 20,090.919 5,048.893 25,139.812
2021-12-31 -19,732.54 -17,488.546 -6,623.604 25,139.812 18,516.208
2022-12-31 -17,534.184 -16,821.693 -12,828.392 18,516.208 5,687.816