Minerva Surgical, Inc. is a medical technology company. The company is headquartered in Santa Clara, California and currently employs 174 full-time employees. The company went IPO on 2021-10-22. The firm designs, manufactures, distributes, and commercializes a suite of products that offer effective alternatives to hysterectomy, with a focus on diagnosing and treating the underlying causes of Abnormal Uterine Bleeding (AUB). Its solutions are designed for use across a variety of care settings and focused on improving clinical outcomes and preserve uterine anatomy. The company delivers devices that treat the root causes of AUB in both the normal and irregular shaped uterus. The firm's products include Minerva ES Endometrial Ablation System (Minerva ES), Genesys HTA Endometrial Ablation System (Genesys HTA), Symphion Operative Hysteroscopy System (Symphion), Resectr Tissue Resection Device (Resectr), and HERizon Disposable Hysteroscope. Its Minerva EAS includes PlasmaSense Technology, which monitors uterine cavity. The company also provides HERizon Hysto-Kit, which supports in-office hysteroscopy.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Revenue
51
50
52
37
26
Revenue Growth (YoY)
2%
-4%
41%
42%
--
Cost of Revenue
23
23
21
18
14
Gross Profit
28
27
30
19
11
Selling, General & Admin
51
52
54
31
30
Research & Development
6
5
5
3
0
Operating Expenses
57
58
59
34
31
Other Non Operating Income (Expenses)
0
0
0
0
0
Pretax Income
-33
-34
-21
-18
-52
Income Tax Expense
0
0
0
0
0
Net Income
-33
-34
-21
-18
-52
Net Income Growth
94%
62%
17%
-65%
--
Shares Outstanding (Diluted)
8.87
1.44
1.44
1.43
1.43
Shares Change (YoY)
520%
0%
1%
0%
--
EPS (Diluted)
-3.77
-23.68
-14.89
-12.76
-36.39
EPS Growth
-68%
59%
17%
-65%
--
Free Cash Flow
-38
-35
-22
-12
-20
Free Cash Flow Per Share
--
--
--
--
--
Gross Margin
54.9%
54%
57.69%
51.35%
42.3%
Operating Margin
-56.86%
-60%
-55.76%
-40.54%
-73.07%
Profit Margin
-64.7%
-68%
-40.38%
-48.64%
-200%
Free Cash Flow Margin
-74.5%
-70%
-42.3%
-32.43%
-76.92%
EBITDA
-21
-20
-19
-8
-18
EBITDA Margin
-41.17%
-40%
-36.53%
-21.62%
-69.23%
D&A For EBITDA
8
10
10
7
1
EBIT
-29
-30
-29
-15
-19
EBIT Margin
-56.86%
-60%
-55.76%
-40.54%
-73.07%
Effective Tax Rate
0%
0%
0%
0%
0%
Follow-Up Questions
What are Minerva Surgical Inc's key financial statements?
According to the latest financial statement (Form-10K), Minerva Surgical Inc has a total asset of $68, Net loss of $-34
What are the key financial ratios for UTRS?
Minerva Surgical Inc's Current ratio is 1.33, has a Net margin is -68, sales per share of $34.72.
How is Minerva Surgical Inc's revenue broken down by segment or geography?
Minerva Surgical Inc largest revenue segment is Property Lease, at a revenue of 109,900,000 in the most earnings release.For geography, Australia is the primary market for Minerva Surgical Inc, at a revenue of 117,500,000.
Is Minerva Surgical Inc profitable?
no, according to the latest financial statements, Minerva Surgical Inc has a net loss of $-34
Does Minerva Surgical Inc have any liabilities?
yes, Minerva Surgical Inc has liability of 51
How many outstanding shares for Minerva Surgical Inc?
Minerva Surgical Inc has a total outstanding shares of 1.5