Sector: Healthcare | Industry: Medical Equipment, Supplies & Distribution |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 6001 Oak Canyon, Suite 100 IRVINE CA 92618 |
Tel: | N/A |
Website: | https://www.inarimedical.com |
IR: | See website |
Key People | ||
Andrew Hykes President, Chief Executive Officer, Director | Kevin Strange Chief Financial Officer | Thomas Tu Chief Medical Officer |
Business Overview |
Inari Medical, Inc. is a medical device company. The Company's products primarily consist of ClotTriever and FlowTriever systems, which are catheter-based mechanical thrombectomy systems that are used for the treatment of the venous thromboembolism (VTE) deep vein thrombosis (DVT), and pulmonary embolism (PE). Its InThrill system is used for the removal of emboli and thrombi from the peripheral vasculature. The LimFlow system is indicated for patients who have chronic limb-threatening ischemia with no suitable endovascular or surgical revascularization options and are at risk of major amputation. It also offers RevCore thrombectomy catheter, which is a thrombectomy device for venous stent thrombosis, Triever 16 Curve catheter, which is used for venous thrombus removal, and ClotTriever Bold catheter, which is used for DVT and the removal of acute and chronic clots in the peripheral vasculature. Its ClotTriever XL, which is a catheter for efficient clot removal with minimal blood loss. |
Financial Overview |
For the nine months ended 30 September 2024, Inari Medical Inc revenues increased 22% to $442.4M. Net loss totaled $73.9M vs. income of $3M. Revenues reflect International segment increase of 34% to $21.6M. Net loss reflects Selling, general and administrative - Ba increase of 25% to $290.2M (expense), Research and development increase of 27% to $75.9M (expense). |
Employees: | 1,300 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $2,864M as of Sep 30, 2024 |
Annual revenue (TTM): | $574.50M as of Sep 30, 2024 |
EBITDA (TTM): | -$33.36M as of Sep 30, 2024 |
Net annual income (TTM): | -$78.58M as of Sep 30, 2024 |
Free cash flow (TTM): | $1.58M as of Sep 30, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 58,544,158 as of Oct 24, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |