Financial Snapshot

Revenue
$72.71M
TTM
Gross Margin
75.6%
TTM
Net Earnings
-$36.42M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
316.38%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$9.381M
Q3 2024
Cash
Q3 2024
P/E
-0.9790
Nov 29, 2024 EST
Free Cash Flow
-$22.51M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $71.35M $65.21M $55.31M $49.24M $62.66M $52.78M $40.43M $34.23M
YoY Change 9.42% 17.89% 12.32% -21.41% 18.72% 30.53% 18.13%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

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
Selling, General & Admin $72.74M $75.50M $63.30M $50.80M $60.45M $51.93M $36.47M $28.72M
YoY Change -3.65% 19.27% 24.61% -15.97% 16.41% 42.38% 26.99%
% of Gross Profit 140.69% 151.84% 144.99% 134.78% 127.89% 128.77% 118.41% 104.04%
Research & Development $9.515M $9.336M $7.923M $9.201M $13.75M $8.230M $7.940M $8.220M
YoY Change 1.92% 17.83% -13.89% -33.07% 67.04% 3.65% -3.41%
% of Gross Profit 18.4% 18.78% 18.15% 24.41% 29.08% 20.41% 25.78% 29.78%
Depreciation & Amortization $2.006M $1.648M $1.060M $941.0K $1.065M $882.0K $596.0K $673.0K
YoY Change 21.72% 55.47% 12.65% -11.64% 20.75% 47.99% -11.44%
% of Gross Profit 3.88% 3.31% 2.43% 2.5% 2.25% 2.19% 1.94% 2.44%
Operating Expenses $82.26M $84.83M $71.22M $60.00M $74.20M $60.16M $36.47M $36.95M
YoY Change -3.04% 19.11% 18.71% -19.14% 23.33% 64.96% -1.29%
Operating Profit -$30.55M -$35.11M -$27.56M -$22.31M -$26.93M -$19.83M -$13.61M -$9.344M
YoY Change -12.98% 27.38% 23.56% -17.16% 35.78% 45.75% 45.63%

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
Interest Expense $5.424M $4.251M $4.019M $4.522M $3.685M $3.688M $2.808M $1.835M
YoY Change 27.59% 5.77% -11.12% 22.71% -0.08% 31.34% 53.02%
% of Operating Profit
Other Income/Expense, Net $5.789M $2.203M $390.0K $302.0K $1.571M -$575.0K $357.0K -$62.00K
YoY Change 162.78% 464.87% 29.14% -80.78% -373.22% -261.06% -675.81%

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
Pretax Income -$30.19M -$37.16M -$31.19M -$27.45M -$29.00M -$24.10M -$16.10M -$11.20M
YoY Change -18.76% 19.13% 13.64% -5.34% 20.33% 49.69% 43.75%
Income Tax
% Of Pretax Income
Net Earnings -$30.20M -$37.20M -$31.20M -$27.50M -$29.00M -$24.10M -$16.06M -$11.23M
YoY Change -18.82% 19.23% 13.45% -5.17% 20.33% 50.07% 42.95%
Net Earnings / Revenue -42.33% -57.05% -56.41% -55.84% -46.28% -45.66% -39.72% -32.82%
Basic Earnings Per Share -$1.05 -$1.38 -$1.22 -$1.46 -$1.58
Diluted Earnings Per Share -$1.05 -$1.38 -$1.22 -$1.46 -$1.58 -$2.693M -$988.3K -$691.1K

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
Cash & Short-Term Investments $59.68M $70.34M $94.14M $49.00M $75.70M $104.6M $29.10M $17.00M
YoY Change -15.16% -25.28% 92.12% -35.27% -27.63% 259.45% 71.18%
Cash & Equivalents $59.68M $70.34M $94.14M $49.00M $75.70M $104.6M $29.10M $17.00M
Short-Term Investments
Other Short-Term Assets $7.280M $4.171M $4.649M $3.300M $2.500M $1.800M $1.100M $600.0K
YoY Change 74.54% -10.28% 40.88% 32.0% 38.89% 63.64% 83.33%
Inventory $8.093M $8.899M $6.563M $3.700M $2.800M $2.400M $2.500M $1.700M
Prepaid Expenses
Receivables $15.78M $13.59M $7.706M $7.200M $6.600M $5.600M $4.300M $3.600M
Other Receivables $2.961M $1.768M $2.272M $1.900M $800.0K $0.00 $0.00 $0.00
Total Short-Term Assets $93.79M $98.77M $115.3M $65.00M $88.50M $114.5M $37.00M $22.90M
YoY Change -5.04% -14.36% 77.43% -26.55% -22.71% 209.46% 61.57%
Property, Plant & Equipment $4.782M $5.318M $5.104M $5.300M $4.900M $1.400M $1.400M $1.600M
YoY Change -10.08% 4.19% -3.7% 8.16% 250.0% 0.0% -12.5%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $12.80M $11.21M $8.981M $6.000M $5.100M $1.200M $600.0K $300.0K
YoY Change 14.15% 24.85% 49.68% 17.65% 325.0% 100.0% 100.0%
Total Long-Term Assets $22.04M $18.12M $25.89M $13.70M $11.70M $2.500M $1.900M $1.900M
YoY Change 21.66% -30.04% 88.99% 17.09% 368.0% 31.58% 0.0%
Total Assets $115.8M $116.9M $141.2M $78.70M $100.2M $117.0M $38.90M $24.80M
YoY Change
Accounts Payable $4.752M $2.433M $4.299M $3.700M $4.600M $3.800M $2.500M $1.500M
YoY Change 95.31% -43.41% 16.19% -19.57% 21.05% 52.0% 66.67%
Accrued Expenses $12.39M $14.86M $7.923M $7.300M $9.000M $7.100M $7.500M $6.000M
YoY Change -16.65% 87.57% 8.53% -18.89% 26.76% -5.33% 25.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $13.13M $0.00 $0.00 $11.30M $0.00 $4.500M
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $19.81M $33.20M $15.70M $13.70M $27.70M $13.60M $12.00M $13.30M
YoY Change -40.32% 111.42% 14.62% -50.54% 103.68% 13.33% -9.77%
Long-Term Debt $59.28M $22.83M $35.34M $34.60M $19.90M $30.40M $30.00M $16.10M
YoY Change 159.68% -35.39% 2.12% 73.87% -34.54% 1.33% 86.34%
Other Long-Term Liabilities $2.546M $3.796M $5.010M $4.900M $4.700M $2.000M $2.400M $200.0K
YoY Change -32.93% -24.23% 2.24% 4.26% 135.0% -16.67% 1100.0%
Total Long-Term Liabilities $61.83M $26.63M $40.35M $39.50M $24.60M $32.40M $32.40M $16.30M
YoY Change 132.22% -34.01% 2.14% 60.57% -24.07% 0.0% 98.77%
Total Liabilities $81.64M $59.82M $56.05M $53.20M $52.30M $46.00M $44.50M $29.60M
YoY Change 36.47% 6.74% 5.35% 1.72% 13.7% 3.37% 50.34%

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
Basic Shares Outstanding 28.66M 26.90M 25.48M 18.84M 18.38M
Diluted Shares Outstanding 28.66M 26.90M 25.48M 18.84M 18.38M
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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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $35.658 Million

About Neuronetics, Inc.

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 201 full-time employees. The company went IPO on 2018-06-28. The firm is focused on designing, developing and marketing products for patients who suffer from neurohealth disorders. Its commercial product, the NeuroStar Advanced Therapy System, is a non-invasive and non-systemic office-based treatment that uses transcranial magnetic stimulation (TMS) to create a pulsed, MRI-strength magnetic field that induces electrical currents designed to stimulate specific areas of the brain associated with mood. The NeuroStar Advanced Therapy System is used to treat adult patients with major depressive disorder (MDD). The firm intends to continue to pursue development of its NeuroStar Advanced Therapy System for additional indications. The firm sells its NeuroStar Advanced Therapy System and recurring treatment sessions in the United States. Its primary focus is on selling to psychiatrists, with primary care physicians and pain management specialists.

Industry: Surgical & Medical Instruments & Apparatus Peers: ABBOTT LABORATORIES PULSE BIOSCIENCES, INC. Electromed, Inc. enVVeno Medical Corp LENSAR, Inc. Lucid Diagnostics Inc. NeuroPace Inc PAVmed Inc. PRO DEX INC