CVRX - CVRx, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$10.00
DETAILS
HIGH:
$10.00
LOW:
$10.00
MEDIAN:
$10.00
CONSENSUS:
$10.00
UPSIDE:
63.67%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 56.7 | 51.3 | 39.3 | 22.5 | 13.0 | 6.1 | 6.3 |
| Cost of Revenue | 8.3 | 8.3 | 6.3 | 5.0 | 3.6 | 1.4 | 1.7 |
| Gross Profit | 48.3 | 43.0 | 33.0 | 17.5 | 9.4 | 4.6 | 4.6 |
| Operating Expenses | |||||||
| R&D Expenses | 11.1 | 11.1 | 11.6 | 10.0 | 7.5 | 6.4 | 8.7 |
| SG&A Expenses | 88.5 | 91.3 | 64.5 | 50.0 | 27.9 | 9.7 | 6.1 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 99.6 | 102.4 | 76.1 | 60.0 | 35.4 | 16.1 | 14.8 |
| Operating Income | |||||||
| Operating Income | (51.3) | (59.5) | (43.1) | (42.5) | (26.0) | (11.5) | (10.2) |
| Interest Expense | 5.8 | 4.4 | 1.8 | 0.2 | 2.2 | 2.5 | 1.7 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||
| EBITDA | (46.7) | (54.9) | (38.7) | (40.7) | (40.6) | (11.5) | (12.8) |
| EBIT | (47.5) | (55.5) | (39.3) | (41.2) | (40.8) | (11.6) | (12.8) |
| Income Before Tax | (53.3) | (59.9) | (41.1) | (41.3) | (43.0) | (14.0) | (14.6) |
| Income Tax Expense | (0.0) | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Net Income | (53.3) | (60.0) | (41.2) | (41.4) | (43.1) | (14.1) | (14.6) |
| Per Share Data | |||||||
| EPS (Basic) | -2.04 | -2.65 | -1.99 | -2.02 | -2.11 | -0.73 | -0.76 |
| EPS (Diluted) | -2.04 | -2.65 | -1.99 | -2.02 | -2.11 | -0.73 | -0.76 |
| Shares Outstanding | 26.1 | 22.6 | 20.7 | 20.5 | 20.7 | 0.4 | 0.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 75.7 | 105.9 | 90.6 | 106.2 | 142.1 | 59.1 | 25.7 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 10.7 | 9.3 | 7.6 | 5.5 | 2.6 | 1.3 | 0.7 |
| Inventory | 12.2 | 12.1 | 11.0 | 7.0 | 3.9 | 3.3 | 2.1 |
| Other Current Assets | 3.1 | 2.5 | 3.0 | 4.2 | 2.6 | 0 | 0 |
| Total Current Assets | 101.6 | 129.8 | 112.1 | 122.9 | 151.1 | 64.3 | 28.9 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 3.1 | 3.6 | 3.1 | 2.0 | 1.4 | 0.4 | 0.2 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total Non-Current Assets | 3.1 | 3.6 | 3.1 | 2.1 | 1.5 | 0.4 | 0.2 |
| Total Assets | 104.8 | 133.4 | 115.2 | 124.9 | 152.5 | 64.8 | 29.1 |
| Current Liabilities | |||||||
| Account Payables | 3.8 | 2.6 | 1.9 | 1.7 | 0.5 | 0.5 | 0.4 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 9.5 | 5.7 | 4.1 | 3.3 | 2.3 | 5.3 | 3.5 |
| Total Current Liabilities | 13.3 | 10.8 | 7.9 | 8.1 | 5.9 | 8.0 | 8.6 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 50.2 | 49.3 | 29.2 | 6.7 | 0 | 19.3 | 19.0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.4 | 1.4 | 1.0 | 0.8 | 0.7 | 330.8 | 280.5 |
| Total Non-Current Liabilities | 52.2 | 51.6 | 31.4 | 7.7 | 0.7 | 350.0 | 299.5 |
| Total Liabilities | 65.5 | 62.4 | 39.3 | 15.8 | 6.6 | 358.0 | 308.1 |
| Stockholders' Equity | |||||||
| Common Stock | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.0 | 0.0 |
| Retained Earnings | (590.7) | (537.3) | (477.4) | (436.2) | (394.8) | (351.7) | (337.6) |
| Accumulated Other Comprehensive Income | (0.2) | (0.2) | (0.2) | (0.2) | (0.2) | (0.2) | (0.2) |
| Total Stockholders' Equity | 39.3 | 71.1 | 75.9 | 109.2 | 146.0 | (293.2) | (279.0) |
| Total Liabilities & Equity | 104.8 | 133.4 | 115.2 | 124.9 | 152.5 | 64.8 | 29.1 |
| Debt Metrics | |||||||
| Total Debt | 50.8 | 50.4 | 30.6 | 7.1 | 0 | 19.3 | 19.0 |
| Net Debt | (24.9) | (55.5) | (60.0) | (99.1) | (142.1) | (39.8) | (6.7) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | (53.3) | (60.0) | (41.2) | (41.4) | (43.1) | (14.1) | (14.6) |
| Depreciation & Amortization | 0.8 | 0.6 | 0.5 | 0.4 | 0.2 | 0.1 | 0.1 |
| Stock-Based Compensation | 11.1 | 19.1 | 6.3 | 3.9 | 1.9 | 0.1 | 0.1 |
| Change in Working Capital | 1.0 | 0.9 | (4.8) | (5.6) | (1.6) | (2.9) | (1.3) |
| Other Non-Cash Items | 0.3 | 0.2 | 0.2 | 0.0 | 0.2 | 0.7 | 3.1 |
| Operating Cash Flow | (40.2) | (39.1) | (39.0) | (42.7) | (27.7) | (16.1) | (12.8) |
| Investing Activities | |||||||
| Capital Expenditure | (0.6) | (1.4) | (0.6) | (0.7) | (1.2) | (0.3) | (0.1) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investing Cash Flow | (0.6) | (1.4) | (0.6) | (0.7) | (1.2) | (0.3) | (0.1) |
| Financing Activities | |||||||
| Net Debt Issuance | 0 | 20 | 22.5 | 7.5 | (21.3) | 0 | 5.3 |
| Stock Repurchased | 0 | 0 | 0 | 0 | (0.0) | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 3.3 | 1.5 | (0.0) | 0.0 | 0 | (0.5) |
| Financing Cash Flow | 10.5 | 55.9 | 24.0 | 7.5 | 111.9 | 49.8 | 29.5 |
| Cash Position | |||||||
| Net Change in Cash | (30.2) | 15.4 | (15.6) | (35.9) | 83.0 | 33.4 | 16.7 |
| Cash at Beginning | 105.9 | 90.6 | 106.2 | 142.1 | 59.1 | 25.7 | 9.1 |
| Cash at End | 75.7 | 105.9 | 90.6 | 106.2 | 142.1 | 59.1 | 25.7 |
| Free Cash Flow | (40.8) | (40.5) | (39.6) | (43.4) | (28.9) | (16.4) | (12.9) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 56.7 | 51.3 | 39.3 | 22.5 | 13.0 | 6.1 | 6.3 |
| Gross Profit | 48.3 | 43.0 | 33.0 | 17.5 | 9.4 | 4.6 | 4.6 |
| Operating Income | (51.3) | (59.5) | (43.1) | (42.5) | (26.0) | (11.5) | (10.2) |
| Net Income | (53.3) | (60.0) | (41.2) | (41.4) | (43.1) | (14.1) | (14.6) |
| EPS (Diluted) | -2.04 | -2.65 | -1.99 | -2.02 | -2.11 | -0.73 | -0.76 |
| Balance Sheet | |||||||
| Cash & Equivalents | 75.7 | 105.9 | 90.6 | 106.2 | 142.1 | 59.1 | 25.7 |
| Total Assets | 104.8 | 133.4 | 115.2 | 124.9 | 152.5 | 64.8 | 29.1 |
| Total Debt | 50.8 | 50.4 | 30.6 | 7.1 | 0 | 19.3 | 19.0 |
| Stockholders' Equity | 39.3 | 71.1 | 75.9 | 109.2 | 146.0 | (293.2) | (279.0) |
| Cash Flow | |||||||
| Operating Cash Flow | (40.2) | (39.1) | (39.0) | (42.7) | (27.7) | (16.1) | (12.8) |
| Capital Expenditure | (0.6) | (1.4) | (0.6) | (0.7) | (1.2) | (0.3) | (0.1) |
| Free Cash Flow | (40.8) | (40.5) | (39.6) | (43.4) | (28.9) | (16.4) | (12.9) |