Inari Medical Inc (OQ:NARI)

Business Focus: Medical Equipment

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
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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

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