Financial Snapshot

Revenue
$9.644M
TTM
Gross Margin
13.77%
TTM
Net Earnings
-$23.83M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
127.63%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$16.98M
Q2 2024
Cash
Q2 2024
P/E
-28.44
Sep 13, 2024 EST
Free Cash Flow
-$4.900M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $5.880M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $5.880M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Cost Of Revenue $5.166M $1.135M $947.2K $812.2K $2.510M
Gross Profit $713.4K -$1.135M -$947.2K -$812.2K -$2.510M
Gross Profit Margin 12.13%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Selling, General & Admin $5.165M $1.239M $458.8K $287.7K $752.0K $933.3K $939.6K $324.1K $70.00
YoY Change 316.78% 170.09% 59.45% -61.74% -19.42% -0.68% 189.9% 462928.57%
% of Gross Profit 723.91%
Research & Development $576.2K $72.96K $1.000K $3.000K $60.87K $27.13K $71.17K $138.4K
YoY Change 689.71% 7195.9% -66.67% -95.07% 124.36% -61.88% -48.57%
% of Gross Profit 80.76%
Depreciation & Amortization $162.6K $9.140K $18.79K $37.43K $37.70K $19.46K $790.00
YoY Change 1679.25% -51.36% -49.8% -0.72% 93.73% 2363.29%
% of Gross Profit 22.79%
Operating Expenses $21.38M $2.448M $1.407M $1.103M $812.9K $960.4K $1.011M $462.5K $70.00
YoY Change 773.58% 73.95% 27.57% 35.68% -15.36% -4.99% 118.56% 660600.0%
Operating Profit -$20.67M -$3.583M -$2.354M -$1.915M -$3.323M
YoY Change 476.83% 52.19% 22.93% -42.36%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Interest Expense $523.4K $45.53K $120.00 $1.059K -$19.74K $60.00 -$26.92K -$22.49K
YoY Change 1049.5% 37840.83% -88.67% -105.36% -33000.0% -100.22% 19.7%
% of Operating Profit
Other Income/Expense, Net -$273.6K $234.6K -$77.27K -$21.75K -$19.74K
YoY Change -216.63% -403.59% 255.22% 10.2%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Pretax Income -$20.94M -$2.213M -$1.484M -$1.125M -$3.386M -$960.3K -$1.038M -$485.0K -$70.00
YoY Change 846.31% 49.09% 31.98% -66.78% 252.59% -7.46% 113.97% 692728.57%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$20.94M -$2.213M -$1.484M -$1.125M -$3.386M -$960.3K -$1.038M -$485.0K -$70.00
YoY Change 846.31% 49.09% 31.98% -66.78% 252.59% -7.46% 113.97% 692728.57%
Net Earnings / Revenue -356.17%
Basic Earnings Per Share -$0.16 -$0.05 -$0.05 -$0.05 -$0.16
Diluted Earnings Per Share -$0.16 -$0.05 -$0.05 -$0.05 -$157.2K -$46.03K -$53.11K -$26.20K -$5.34

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Cash & Short-Term Investments $2.022M $1.351M $405.8K $160.7K $28.47K $35.72K $452.6K $248.2K $100.00
YoY Change 49.65% 233.04% 152.49% 464.49% -20.3% -92.11% 82.33% 248120.0%
Cash & Equivalents $2.022M $1.351M $405.8K $160.7K $28.47K $35.72K $452.6K $248.2K $100.00
Short-Term Investments
Other Short-Term Assets $8.386M $8.680K $2.290K $2.290K $6.290K $5.830K $10.46K $470.00
YoY Change 96511.75% 279.04% 0.0% -63.59% 7.89% -44.26% 2125.53%
Inventory $6.327M
Prepaid Expenses
Receivables $1.647M
Other Receivables $0.00
Total Short-Term Assets $18.38M $4.360M $408.1K $163.0K $34.76K $41.55K $463.0K $248.7K $100.00
YoY Change 321.62% 968.45% 150.35% 368.93% -16.34% -91.03% 86.2% 248580.0%
Property, Plant & Equipment $2.990M $11.40K $20.54K $38.21K $84.64K $35.34K $3.390K
YoY Change 26124.39% -44.5% -46.24% -54.86% 139.5% 942.48%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $0.00 $115.5K
YoY Change -100.0%
Total Long-Term Assets $7.096M $11.40K $20.54K $154.9K $97.76K $103.9K $46.93K $43.55K $0.00
YoY Change 62149.04% -44.5% -86.74% 58.42% -5.89% 121.35% 7.76%
Total Assets $25.48M $4.371M $428.6K $317.9K $132.5K $145.4K $510.0K $292.2K $100.00
YoY Change
Accounts Payable $900.9K $0.00 $124.6K $131.7K $141.4K $10.02K $6.070K $54.83K $170.00
YoY Change -100.0% -5.42% -6.86% 1311.38% 65.07% -88.93% 32152.94%
Accrued Expenses $2.330M $51.23K $17.70K $860.2K $596.9K $328.5K $118.1K $90.59K
YoY Change 4448.82% 189.44% -97.94% 44.12% 81.72% 178.23% 30.31%
Deferred Revenue
YoY Change
Short-Term Debt $6.019M $4.000M $0.00 $0.00 $90.00K $15.00K $0.00 $480.0K $0.00
YoY Change 50.47% -100.0% 500.0% -100.0%
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $9.271M $4.051M $287.3K $1.187M $1.196M $449.8K $408.9K $647.3K $170.00
YoY Change 128.84% 1310.2% -75.8% -0.74% 165.86% 10.01% -36.83% 380658.82%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.910M $0.00
YoY Change
Total Long-Term Liabilities $1.910M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Total Liabilities $11.18M $4.051M $287.3K $1.187M $1.196M $449.8K $408.9K $647.3K $170.00
YoY Change 175.99% 1310.2% -75.8% -0.74% 165.86% 10.01% -36.83% 380658.82%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Basic Shares Outstanding 40.88M shares 28.48M shares 23.37M shares 21.54M shares
Diluted Shares Outstanding 40.88M shares 28.48M shares 23.37M shares 21.54M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $677.84 Million

About SS Innovations International Inc

SS Innovations International, Inc. is a medical robotics company, which develops a fully autonomous medical robotic system using proprietary software. The company is headquartered in Fort Lauderdale, Florida and currently employs 239 full-time employees. The company went IPO on 2018-07-09. The firm is developing a fully autonomous medical robotic system using software, which integrates artificial intelligence (AI) and deep learning, or machine learning (DL). Its product range includes its SSI Mantra surgical robotic system, and SSI Mudra is its range of surgical instruments capable of supporting a variety of surgical procedures, including robotic cardiac surgery. Its instruments under development include NADI-Automated Coronary Anastomotic Connector, SSi Multi-Fire Clip Applier, SSi Ultrasonic Surgical Device, SSi Maya-XR Pre-Operative Simulator, SSi Holographic Anatomy, SSi Yog-Tele Proctor, SSi Chitrasa-Advanced DICOM Viewer and SSi Mixed Reality Headset. The SSi Mantra is comprised of vision cart, which provides an additional 32-inch 3D 4K resolution monitor, identical to the surgeon’s console, for the operating room staff.

Industry: Surgical & Medical Instruments & Apparatus Peers: Abbott Laboratories Alphatec Holdings Inc AtriCure Inc Axonics Inc Enovis Corp Integer Holdings Corp NUVASIVE INC Omnicell Inc Tandem Diabetes Care Inc Transmedics Group Inc