/
Company Overview We are a company in the business of developing and distributing medical devices. We have been focusing on developing respiratory and oxygen homecare products in particular since 2006.
The business is unprofitable at the operating level (-0.66% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 16.9% YoY with margins expanding 3.5pp.
Negative free cash flow of -$30M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$1.44B
▲ +16.9% YoY
Net Income (TTM)
-$5M
▲ +88.7% YoY
Op. Margin
-0.66%
▲ +3.5pp YoY
ROIC
-3.79%
▲ +17.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$30M
▼ -568.3% YoY
Op. Cash Flow (TTM)
-$27M
▼ -3185.4% YoY
Net Debt
-$47M
Net Cash Position
Cash & Equiv.
$108M
5Y CAGR: -7.3%
Continue Research