Neuronetics, Inc. is a commercial stage medical technology company, which focuses on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders. The company is headquartered in Malvern, Pennsylvania and currently employs 716 full-time employees. The company went IPO on 2018-06-28. The Company’s NeuroStar Advanced Therapy (NeuroStar Therapy) is a non-drug, noninvasive treatment that can improve the quality of life for people suffering from neurohealth conditions. In addition to selling the NeuroStar Advanced Therapy System (NeuroStar System) and associated treatment sessions to customers, it operates Greenbrook treatment centers across the United States, offering NeuroStar Therapy for the treatment of major depressive disorder (MDD) and other mental health disorders. Spravato is offered to treat adults with treatment-resistant depression and depressive symptoms in adults with MDD with suicidal thoughts or actions. MDD is a recurrent disease and follows a fluctuating course over an individual’s lifetime. The firm provides more than 7.1 million treatments to over 1,95,000 patients.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenue
129
74
71
65
55
49
Revenue Growth (YoY)
79%
4%
9%
18%
12%
-21%
Cost of Revenue
64
20
19
15
11
11
Gross Profit
65
54
51
49
43
37
Selling, General & Admin
92
75
72
75
63
50
Research & Development
6
8
9
9
7
9
Operating Expenses
103
84
82
84
71
60
Other Non Operating Income (Expenses)
1
2
5
1
0
0
Pretax Income
-44
-43
-30
-37
-31
-27
Income Tax Expense
--
--
--
--
--
--
Net Income
-44
-43
-30
-37
-31
-27
Net Income Growth
22%
43%
-19%
19%
15%
-7%
Shares Outstanding (Diluted)
67.3
31.73
28.65
26.9
25.48
18.84
Shares Change (YoY)
122%
11%
7%
6%
35%
3%
EPS (Diluted)
-0.66
-1.37
-1.05
-1.38
-1.22
-1.46
EPS Growth
-46%
31%
-24%
13%
-16%
-8%
Free Cash Flow
-30
-32
-34
-34
-30
-29
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
50.38%
72.97%
71.83%
75.38%
78.18%
75.51%
Operating Margin
-28.68%
-40.54%
-42.25%
-53.84%
-49.09%
-44.89%
Profit Margin
-34.1%
-58.1%
-42.25%
-56.92%
-56.36%
-55.1%
Free Cash Flow Margin
-23.25%
-43.24%
-47.88%
-52.3%
-54.54%
-59.18%
EBITDA
-34
-28
-28
-34
-26
-22
EBITDA Margin
-26.35%
-37.83%
-39.43%
-52.3%
-47.27%
-44.89%
D&A For EBITDA
3
2
2
1
1
0
EBIT
-37
-30
-30
-35
-27
-22
EBIT Margin
-28.68%
-40.54%
-42.25%
-53.84%
-49.09%
-44.89%
Effective Tax Rate
--
--
--
--
--
--
Follow-Up Questions
What are Neuronetics Inc's key financial statements?
According to the latest financial statement (Form-10K), Neuronetics Inc has a total asset of $140, Net loss of $-43
What are the key financial ratios for STIM?
Neuronetics Inc's Current ratio is 1.23, has a Net margin is -58.1, sales per share of $2.33.
How is Neuronetics Inc's revenue broken down by segment or geography?
Neuronetics Inc largest revenue segment is Treatment Sessions, at a revenue of 51,650,000 in the most earnings release.For geography, United States is the primary market for Neuronetics Inc, at a revenue of 69,336,000.
Is Neuronetics Inc profitable?
no, according to the latest financial statements, Neuronetics Inc has a net loss of $-43
Does Neuronetics Inc have any liabilities?
yes, Neuronetics Inc has liability of 113
How many outstanding shares for Neuronetics Inc?
Neuronetics Inc has a total outstanding shares of 55.67