IRadimed Corporation logo IRMD - IRadimed Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 2
HOLD 0
SELL 0
STRONG
SELL 0
| PRICE TARGET: $120.00 DETAILS
HIGH: $120.00
LOW: $120.00
MEDIAN: $120.00
CONSENSUS: $120.00
UPSIDE: 30.29%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue
Revenue 83.8 73.2 65.6 53.3 41.8 31.7 38.5 30.4 23.1 32.5 31.6 15.7 11.3 7.7
Cost of Revenue 19.5 16.9 15.4 12.0 9.8 8.1 8.8 7.2 5.6 6.2 5.8 3.4 2.9 2.1
Gross Profit 64.3 56.3 50.2 41.3 32.0 23.6 29.7 23.2 17.5 26.3 25.8 12.2 8.5 5.6
Operating Expenses
R&D Expenses 3.0 2.8 2.9 2.3 1.9 1.9 1.4 1.5 1.7 1.3 1.8 1.1 1.0 0.7
SG&A Expenses 35.2 31.6 27.3 23.4 20.3 22.4 19.6 15.7 14.5 14.1 12.5 8.1 4.7 3.5
Other Expenses 0 0 0 0 0 0 0 0 0.1 0.0 0.1 (0.0) (0.0) 0.0
Operating Expenses 38.2 34.4 30.1 25.7 22.2 24.3 21.1 17.2 16.2 15.4 14.2 9.2 5.7 4.1
Operating Income
Operating Income 26.1 22.0 20.0 15.6 9.8 (0.8) 8.6 6.0 1.3 10.9 11.5 3.1 2.8 1.4
Interest Expense 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 2.2 1.9 0.6 0.0 0.1 0.4 0.2 0.1 0.1 0.1 0.0 0 0
Profitability
EBITDA 28.5 22.8 20.8 16.3 11.2 0.6 9.9 7.1 2.6 11.2 11.5 3.2 2.9 1.5
EBIT 26.1 22.0 20.0 15.6 9.8 (0.8) 8.6 6.2 1.4 11.0 11.6 3.0 2.8 1.4
Income Before Tax 28.4 24.3 21.7 16.2 9.8 (0.6) 9.0 6.2 1.4 11.0 11.6 3.0 2.8 1.4
Income Tax Expense 5.9 5.0 4.5 3.4 0.5 (2.0) (0.6) (0.1) 0.9 3.7 4.1 1.0 0.8 0.5
Net Income 22.5 19.2 17.2 12.8 9.3 1.4 9.6 6.3 0.5 7.2 7.5 2.1 1.9 1.0
Per Share Data
EPS (Basic) 1.77 1.52 1.36 1.02 0.76 0.11 0.85 0.52 0.05 0.67 0.68 0.23 0.19 0.09
EPS (Diluted) 1.75 1.50 1.35 1.02 0.74 0.11 0.78 0.52 0.04 0.60 0.60 0.20 0.19 0.09
Shares Outstanding 12.7 12.7 12.6 12.6 12.3 12.1 11.3 12.1 10.6 10.8 11.0 8.7 10.4 10.4
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Current Assets
Cash & Cash Equivalents 51.2 52.2 49.8 58.0 62.0 50.1 43.5 28.0 18.2 17.7
Short-Term Investments 0 0 0 0 0.5 1.9 2.8 6.3 8.1 8.0
Net Receivables 13.7 10.6 12.2 13.3 5.1 4.6 7.3 4.2 3.8 3.8
Inventory 11.6 10.4 12.8 5.4 4.3 3.9 3.6 4.1 4.2 3.9
Other Current Assets 4.8 2.0 1.2 0.6 1.0 0.8 0.4 0.5 0.6 0.7
Total Current Assets 81.2 75.2 76.0 77.5 76.2 63.7 59.0 44.5 35.1 34.2
Non-Current Assets
Property, Plant & Equipment 23.9 17.0 11.3 4.6 4.6 4.8 5.0 1.9 1.9 1.5
Goodwill 0 0 0 0 0 0 0 0 0 0
Intangible Assets 3.4 3.1 2.5 2.1 1.1 1.0 0.9 0.8 0.9 0.9
Long-Term Investments 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 0.2 0.2 0.2 0.6 0.2 0.3 0.2 0.1 0.2 0.2
Total Non-Current Assets 27.6 23.1 16.2 8.0 6.6 7.3 7.8 3.9 3.9 3.0
Total Assets 108.8 98.3 92.2 85.5 82.9 71.1 66.7 48.4 39.0 37.2
Current Liabilities
Account Payables 1.8 1.9 1.9 1.8 0.8 0.7 1.0 0.8 0.7 1.1
Short-Term Debt 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 2.9 2.3 2.6 3.4 2.6 1.9 1.7 1.8 1.6 1.0
Other Current Liabilities 0.5 0.3 0.4 0.1 0.3 0.2 0.2 0.3 0.3 0.3
Total Current Liabilities 10.2 8.5 16.3 8.6 6.8 4.9 5.9 4.7 4.1 3.7
Non-Current Liabilities
Long-Term Debt 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0
Total Non-Current Liabilities 4.0 3.0 4.4 3.3 3.9 4.8 5.3 1.8 2.0 1.6
Total Liabilities 14.2 11.5 20.7 11.8 10.7 9.7 11.2 6.5 6.1 5.3
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Retained Earnings 64.2 56.8 43.3 47.3 47.0 37.7 36.3 26.7 20.4 19.9
Accumulated Other Comprehensive Income 0 0 0 0 0.0 0.0 0.0 (0.0) (0.0) (0.0)
Total Stockholders' Equity 94.6 86.8 71.4 73.7 72.2 61.4 55.5 41.9 32.9 31.9
Total Liabilities & Equity 108.8 98.3 92.2 85.5 82.9 71.1 66.7 48.4 39.0 37.2
Debt Metrics
Total Debt 0 0.2 2.0 2.2 2.5 2.7 3.0 0 0 0
Net Debt (51.2) (52.1) (47.7) (55.8) (59.5) (47.4) (40.5) (28.0) (18.2) (17.7)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income 22.5 19.2 17.2 12.8 9.3 1.4 9.6 6.3 0.5 7.2
Depreciation & Amortization 1.2 0.8 0.8 0.7 1.4 1.3 1.2 1.1 1.3 0.2
Stock-Based Compensation 2.9 2.5 2.2 1.4 1.5 4.0 1.9 1.8 2.5 1.8
Change in Working Capital (4.3) 3.7 (5.9) (5.1) (1.6) (1.2) (2.0) (1.8) (1.1) 0.5
Other Non-Cash Items 2.7 (0.0) 0.4 0.1 0.1 (0.1) 0.1 0.2 0.4 570,909.6
Operating Cash Flow 24.9 25.6 13.5 10.0 11.3 5.8 10.2 7.4 3.4 9.4
Investing Activities
Capital Expenditure (7.8) (8.0) (8.0) (1.9) (0.7) (0.6) (0.5) (0.3) (0.8) (1.5)
Acquisitions 0 0 0 0 0 0 0 0.0 0.0 0.7
Purchases of Investments 0 0 0 0 0 0 0 (1.1) (2.7) (5.0)
Sales/Maturities of Investments 0 0 0 0.5 1.4 0.9 3.7 2.9 2.5 4.6
Other Investing Activities (0.7) (0.8) (0.6) (1.1) (0.3) 0 (0.1) (0.0) (0.0) (0.7)
Investing Cash Flow (8.4) (8.8) (8.0) (1.4) 0.6 0.2 3.2 1.5 (1.0) (1.9)
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0 0 0 0
Stock Repurchased 0 0 0 0 0 0 0 (0.3) (1.8) (10.0)
Dividends Paid (15.0) (13.7) (13.2) (12.6) 0 0 0 0 0 0
Other Financing Activities (2.6) (0.7) (0.4) (0.1) 0.0 (1.2) 2.0 0.9 (0.1) 0.9
Financing Cash Flow (17.6) (14.3) (13.7) (12.7) 0.0 0.5 2.0 0.9 (1.9) (9.1)
Cash Position
Net Change in Cash (1.1) 2.5 (8.2) (4.0) 11.9 6.6 15.5 9.8 0.5 (1.7)
Cash at Beginning 52.2 49.8 58.0 62.0 50.1 43.5 28.0 18.2 17.7 19.4
Cash at End 51.2 52.2 49.8 58.0 62.0 50.1 43.5 28.0 18.2 17.7
Free Cash Flow 17.2 17.6 5.5 8.2 10.5 5.2 9.7 7.1 2.6 7.9
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Income Statement
Revenue 83.8 73.2 65.6 53.3 41.8 31.7 38.5 30.4 23.1 32.5 31.6 15.7 11.3 7.7
Gross Profit 64.3 56.3 50.2 41.3 32.0 23.6 29.7 23.2 17.5 26.3 25.8 12.2 8.5 5.6
Operating Income 26.1 22.0 20.0 15.6 9.8 (0.8) 8.6 6.0 1.3 10.9 11.5 3.1 2.8 1.4
Net Income 22.5 19.2 17.2 12.8 9.3 1.4 9.6 6.3 0.5 7.2 7.5 2.1 1.9 1.0
EPS (Diluted) 1.75 1.50 1.35 1.02 0.74 0.11 0.78 0.52 0.04 0.60 0.60 0.20 0.19 0.09
Balance Sheet
Cash & Equivalents 51.2 52.2 49.8 58.0 62.0 50.1 43.5 28.0 18.2 17.7
Total Assets 108.8 98.3 92.2 85.5 82.9 71.1 66.7 48.4 39.0 37.2
Total Debt 0 0.2 2.0 2.2 2.5 2.7 3.0 0 0 0
Stockholders' Equity 94.6 86.8 71.4 73.7 72.2 61.4 55.5 41.9 32.9 31.9
Cash Flow
Operating Cash Flow 24.9 25.6 13.5 10.0 11.3 5.8 10.2 7.4 3.4 9.4
Capital Expenditure (7.8) (8.0) (8.0) (1.9) (0.7) (0.6) (0.5) (0.3) (0.8) (1.5)
Free Cash Flow 17.2 17.6 5.5 8.2 10.5 5.2 9.7 7.1 2.6 7.9