Axogen Inc

Axogen Inc

AXGN · NASDAQ · Healthcare / Medical Devices

55.93USD+0.53 (+0.96%)

Price History

Full chart

Market Stats

Previous Close55.40
Open55.88
Day Range55.01 – 57.46
52-Week Range23.00 – 59.72
Volume1.38M
Market Cap3.04B
P/E (TTM)0.00
Forward P/E111.11
EPS-0.63
Dividend Yield0.00%
Beta1.15
50-Day Avg42.77
200-Day Avg40.19

About

Axogen, Inc., together with its subsidiaries, engages in the development and commercialization of the technologies used for peripheral nerve regeneration and repair worldwide. The company offers Avance Nerve Graft, a processed nerve allograft intended for the surgical repair of peripheral nerve discontinuities; Axoguard Nerve Connector, a coaptation aid used to align and connect severed peripheral nerve ends in a tensionless repair; and Axoguard Nerve Protector, a product used to protect and wrap damaged peripheral nerves and reinforce reconstructed nerve gaps. It also provides Axoguard HA+ Nerve Protector, a surgical implant for non-constricting protection of the peripheral nerves; Axoguard Nerve Cap, a porcine submucosa ECM product; Avive+ Soft Tissue Matrix, a multi-layer amniotic membrane allograft; and Avance Method, a technique to process Avance Nerve Graft from donated human peripheral nerve tissue. In addition, the company offers peripheral nerve tissue recovery and acquisition, and testing, as well as donor medical review and release, debridement and other processing steps, packaging, and sterilization. It provides its products to hospitals, surgery centers and military hospitals, calling on surgeons, including plastic reconstructive surgeons, orthopedic and plastic hand surgeons, and certain oral and maxillofacial surgeons through independent in-country distributors. The company is headquartered in Alachua, Florida.

Company Details

  • SectorHealthcare
  • IndustryMedical Devices
  • CEOMr. Michael D. Dale
  • Employees622
  • Headquarters13631 Progress Boulevard, Alachua, FL, United States, 32615, USA
  • Websitehttps://www.axogeninc.com

Leadership

  • Mr. Michael D. DalePresident, CEO & Director · b. 1960
  • Ms. Lindsey Hartley CPAChief Financial Officer
  • Mr. Erick DeVinneyChief Scientific Officer · b. 1976
  • Mr. Marc A. BeganExecutive VP, General Counsel, Secretary & Chief Compliance Officer · b. 1968
  • Mr. Jens Schroeder KempChief Marketing Officer · b. 1977
  • Ms. Paris DallyVice President of Operations
  • Mr. Harold D. Tamayo M.B.A.Vice President of Finance & Investor Relations
  • Dr. Ivica Ducic M.D., Ph.D.Chief Medical Officer
  • Ms. Doris QuackenbushChief Revenue Officer
  • Mr. Rick DittoVice President of Global Health Economics, Reimbursement & Policy

Financials

Income Statement

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue4.70M5.80M6.40M6.80M8.00M8.10M9.20M10.70M14.10M14.10M13.10M12.30M12.90M12.30M14.60M15.93M6.85M7.24M1.06M443.35K126.66K100.43K72.71K24.91M91.27K4.85M7.69M10.95M16.82M27.33M41.11M60.43M83.94M106.71M112.30M127.36M138.58M159.01M187.34M225.21M
Growth (%)-+23.40%+10.34%+6.25%+17.65%+1.25%+13.58%+16.30%+31.78%0.00%-7.09%-6.11%+4.88%-4.65%+18.67%+9.13%-56.98%+5.62%-85.28%-58.37%-71.43%-20.71%-27.60%+34160.81%-99.63%+5213.15%+58.61%+42.33%+53.62%+62.52%+50.41%+47.00%+38.91%+27.13%+5.24%+13.41%+8.81%+14.74%+17.81%+20.21%
Cost of Revenue4.00M2.60M3.30M3.80M4.70M4.50M5.30M6.10M7.50M7.50M7.00M6.90M8.40M7.30M8.57M10.51M5.21M5.50M------1.24M2.43M1.96M2.44M3.44M4.85M6.47M9.31M12.92M17.35M21.58M22.93M29.77M37.14M45.36M57.85M
Gross Profit700.00K3.20M3.10M3.00M3.30M3.60M3.90M4.60M6.60M6.60M6.10M5.40M4.50M5.00M6.03M5.42M1.64M1.74M1.06M443.35K126.66K100.43K72.71K24.91M91.27K2.42M5.73M8.51M13.38M22.48M34.64M51.11M71.01M89.36M90.72M104.43M108.81M121.87M141.98M167.35M
Gross Margin14.89%55.17%48.44%44.12%41.25%44.44%42.39%42.99%46.81%46.81%46.56%43.90%34.88%40.65%41.31%34.04%23.93%24.07%100.00%100.00%100.00%100.00%100.00%100.00%100.00%49.96%74.49%77.71%79.53%82.26%84.27%84.59%84.60%83.74%80.78%81.99%78.51%76.64%75.79%74.31%
Operating Expense200.00K2.20M2.40M2.40M2.20M2.40M3.20M3.80M-6.70M6.70M5.30M4.90M6.80M8.92M8.74M4.13M2.99M1.19M769.87K524.04K900.35K1.13M8.96M1.94M9.39M13.53M18.10M23.18M31.75M42.77M59.07M91.51M120.77M113.90M129.84M138.52M143.33M145.26M175.20M
Operating Income500.00K1.00M700.00K600.00K1.10M1.20M700.00K800.00K--100.00K-600.00K100.00K-400.00K-1.80M-2.89M-3.32M-2.49M-1.25M-124.60K-326.52K-397.38K-799.92K-1.06M15.96M-1.85M-6.97M-7.80M-9.59M-9.80M-9.27M-8.13M-7.95M-20.50M-31.41M-23.18M-25.42M-29.71M-21.46M-3.29M-7.85M
Operating Margin10.64%17.24%10.94%8.82%13.75%14.81%7.61%7.48%--0.71%-4.58%0.81%-3.10%-14.63%-19.80%-20.82%-36.37%-17.21%-11.70%-73.65%-313.74%-796.49%-1453.41%64.05%-2025.27%-143.70%-101.43%-87.62%-58.28%-33.91%-19.78%-13.16%-24.42%-29.43%-20.64%-19.96%-21.44%-13.50%-1.75%-3.49%
EBITDA1.30M1.30M1.00M900.00K1.40M1.20M1.40M900.00K800.00K500.00K400.00K400.00K-900.00K-1.98M-2.49M-6.87M-1.87M-1.09M87.68K-306.48K-371.92K-777.65K-1.03M15.98M-1.83M-6.56M-7.46M-9.42M-9.60M-8.99M-7.69M-7.42M-20.34M-26.22M-19.27M-20.89M-23.47M-13.33M6.08M192.00K
EBITDA Margin27.66%22.41%15.63%13.24%17.50%14.81%15.22%8.41%5.67%3.55%3.05%3.25%-6.98%-16.12%-17.07%-43.10%-27.24%-15.09%8.23%-69.13%-293.63%-774.31%-1421.61%64.14%-2003.61%-135.29%-97.03%-86.05%-57.08%-32.90%-18.71%-12.27%-24.23%-24.57%-17.16%-16.40%-16.94%-8.38%3.24%0.09%
Net Income500.00K900.00K600.00K400.00K900.00K1.00M700.00K600.00K200.00K200.00K-600.00K-2.30M-400.00K-1.70M-2.86M1.34M-2.60M-1.28M2.30M-530.61K-367.18K-748.98K-1.04M15.05M-1.32M-9.22M-9.42M-14.56M-17.71M-13.36M-14.41M-10.45M-22.40M-29.12M-23.79M-26.98M-28.95M-21.72M-9.96M-15.70M
Net Income Margin10.64%15.52%9.38%5.88%11.25%12.35%7.61%5.61%1.42%1.42%-4.58%-18.70%-3.10%-13.82%-19.59%8.43%-37.99%-17.71%215.65%-119.68%-289.90%-745.77%-1431.30%60.40%-1442.16%-190.11%-122.44%-132.97%-105.31%-48.87%-35.06%-17.29%-26.68%-27.29%-21.18%-21.19%-20.89%-13.66%-5.32%-6.97%
R&D-------1.40M1.90M1.90M1.90M1.50M1.00M1.20M1.09M919.79K491.51K424.46K------158.00K697.36K1.43M2.13M3.03M3.24M4.21M6.70M11.77M17.51M17.85M24.18M25.63M27.34M27.77M32.88M
R&D as % of Total Revenue-------13.08%13.48%13.48%14.50%12.20%7.75%9.76%7.50%5.77%7.17%5.87%------173.11%14.38%18.56%19.42%18.04%11.84%10.25%11.09%14.03%16.41%15.89%18.98%18.49%17.19%14.82%14.60%
Interest Expense600.00K500.00K500.00K100.00K500.00K400.00K400.00K200.00K00100.00K2.20M100.00K100.00K19.98K8.78M131.08K37.79K2.42M0000131.95K2.14M2.32M2.38M5.00M7.91M4.12M6.26M2.46M1.21M40.00K1.05M1.36M624.00K2.83M8.21M7.70M
Interest Expense % of Total Revenue12.77%8.62%7.81%1.47%6.25%4.94%4.35%1.87%0.00%0.00%0.76%17.89%0.78%0.81%0.14%55.11%1.91%0.52%227.21%0.00%0.00%0.00%0.00%0.53%2341.77%47.79%30.92%45.66%47.05%15.06%15.23%4.08%1.44%0.04%0.94%1.06%0.45%1.78%4.38%3.42%

Balance Sheet

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets6.70M6.90M58.20M8.40M9.50M10.40M11.00M12.70M12.70M12.70M12.30M11.80M10.60M8.80M8.47M6.35M4.15M2.69M2.80M1.82M1.51M1.10M524.24K16.81M10.14M12.50M20.23M27.68M16.40M37.55M46.36M58.87M160.17M154.64M201.38M208.02M195.39M196.83M203.73M221.69M
Total Liabilities1.30M1.10M51.60M1.50M700.00K700.00K700.00K1.70M1.50M1.50M1.40M3.00M2.20M2.70M3.75M2.81M3.18M2.84M521.05K160.86K217.87K201.17K211.06K5.75M114.35K6.42M23.06M27.55M27.65M29.35M31.44M33.69M13.19M22.49M78.23M95.47M94.39M101.16M99.82M92.84M
Total Equity5.40M5.80M6.60M6.90M8.80M9.70M10.30M11.00M11.20M11.20M10.90M8.80M8.40M6.10M4.72M3.54M966.80K-153.77K2.28M1.66M1.30M898.82K313.19K11.06M10.03M6.07M-2.83M136.63K-11.25M8.20M14.92M25.18M146.98M132.15M123.15M112.55M101.00M95.67M103.91M128.85M
Cash1.00M800.00K1.10M500.00K100.00K200.00K400.00K800.00K800.00K800.00K800.00K700.00K1.00M1.00M100.17K1.43M671.59K483.84K2.24M1.31M1.28M832.92K332.85K15.77M7.08M8.19M13.91M20.07M8.22M25.91M30.01M36.51M24.29M35.72M48.77M32.76M15.28M31.02M27.55M35.55M
Total Debt600.00K500.00K47.00M700.00K---------891.29K891.29K1.06M1.17M295.00K2.52K-----8.40M4.84M21.58M26.55M25.09M50.25M24.31M24.64M63.00K4.93M53.76M67.45M67.43M69.29M68.69M67.63M
Net Debt-400.00K-300.00K45.90M200.00K-100.00K-200.00K-400.00K-800.00K-800.00K-800.00K-800.00K-700.00K-1.00M-1.00M791.12K-361.24K493.59K-188.84K-2.24M-1.31M-1.28M-832.92K-332.85K-15.77M1.32M-3.35M7.67M5.29M16.87M-362.08K-5.70M-11.87M-24.23M-30.80M5.00M34.70M52.14M38.27M41.13M32.08M

Cash Flow

Currency: USD1989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow600.00K1.30M1.10M1.40M300.00K100.00K100.00K200.00K100.00K1.50M-200.00K-1.27M-2.92M-755.02K-27.30K878.84K-709.62K-28.79K-466.95K-470.16K15.44M-2.43M-7.08M-8.66M-10.44M-10.45M-13.05M-11.20M-9.24M-17.86M-19.87M-9.63M-13.40M-16.07M-5.72M4.54M812.00K
Investing Cash Flow--500.00K-600.00K-2.60M---200.00K-600.00K-300.00K100.00K-500.00K-563.00K6.16M-102.07K773.09K862.68K-60.00K---29.91K-8.68K-2.00M7.11M-127.28K-243.97K-594.05K-555.52K-1.19M-1.29M-98.19M27.27M-16.96M-23.65M-3.20M19.25M-10.30M-5.32M
Financing Cash Flow-500.00K-900.00K500.00K100.00K100.00K100.00K100.00K300.00K-100.00K-100.00K-500.00K913.01K34.73K103.48K-933.54K13.96K-159.12K-18.09K---4.26M6.36M14.51M16.85M-808.85K31.30M16.50M17.02M109.84M4.03M40.47M20.45M1.79M1.95M2.29M10.50M
Capital Expenditure200.00K600.00K700.00K500.00K2.10M1.50M1.50M400.00K200.00K400.00K400.00K424.45K371.91K21.07K22.00K74.55K00029.91K8.68K40.70K89.47K127.28K243.97K594.05K555.52K1.19M1.29M6.60M5.23M22.60M28.40M21.25M14.92M4.52M3.75M
Free Cash Flow400.00K700.00K400.00K900.00K-1.80M-1.40M-1.40M-200.00K-100.00K1.10M-600.00K-1.70M-3.30M-776.09K-49.30K804.29K-709.62K-28.79K-466.95K-500.08K15.43M-2.47M-7.17M-8.79M-10.69M-11.05M-13.61M-12.39M-10.53M-24.46M-25.10M-32.22M-41.80M-37.32M-20.63M11.00K-2.93M
Dividends Paid----------------246.82K----4.30M0000000--670.00K-----
FCF to OCF66.67%53.85%36.36%64.29%-600.00%-1400.00%-1400.00%-100.00%-100.00%73.33%300.00%133.37%112.72%102.79%180.59%91.52%100.00%100.00%100.00%106.36%99.94%101.67%101.26%101.47%102.34%105.68%104.26%110.62%113.99%136.97%126.30%334.75%311.86%232.29%360.99%0.24%-361.21%
Dividend Paid to FCF-----------------34.78%-----174.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%---2.08%-----

Earnings

Report DateJan 26, 1994Apr 26, 1994Sep 7, 1994Oct 31, 1994Feb 1, 1995Dec 31, 1999Jun 30, 2001Sep 30, 2001Mar 31, 2002Jun 30, 2002Sep 30, 2002Mar 31, 2003Jun 30, 2003Sep 30, 2003Dec 31, 2003Mar 31, 2004Jun 30, 2004Sep 30, 2004Dec 31, 2004Mar 31, 2005Jun 30, 2005Sep 30, 2005Dec 31, 2005Mar 31, 2006Jun 30, 2006Sep 30, 2006Dec 31, 2006Mar 31, 2007Aug 13, 2007Nov 12, 2007May 28, 2008Aug 14, 2008Nov 17, 2008Feb 25, 2009May 27, 2009Aug 13, 2009Nov 17, 2009Mar 3, 2010May 17, 2010Aug 17, 2010Nov 16, 2010Mar 2, 2011May 16, 2011Aug 11, 2011Mar 14, 2012May 14, 2012Aug 14, 2012Nov 6, 2012Mar 12, 2013Apr 30, 2013Jul 11, 2013Oct 30, 2013Mar 6, 2014Apr 30, 2014Aug 4, 2014Nov 13, 2014Mar 5, 2015May 5, 2015Aug 6, 2015Nov 5, 2015Feb 29, 2016May 4, 2016Aug 3, 2016Nov 2, 2016Feb 22, 2017May 4, 2017Aug 2, 2017Nov 1, 2017Feb 28, 2018Apr 30, 2018Aug 1, 2018Oct 29, 2018Feb 26, 2019May 8, 2019Aug 6, 2019Nov 6, 2019Feb 24, 2020May 6, 2020Aug 5, 2020Oct 29, 2020Feb 22, 2021May 5, 2021Aug 4, 2021Nov 3, 2021Feb 22, 2022May 4, 2022Aug 3, 2022Nov 8, 2022Mar 14, 2023May 9, 2023Aug 7, 2023Nov 7, 2023Mar 5, 2024May 2, 2024Aug 8, 2024Nov 7, 2024Feb 25, 2025May 8, 2025Aug 5, 2025Oct 29, 2025Mar 3, 2026Apr 28, 2026Jul 29, 2026Oct 28, 2026Nov 4, 2026
EPS Estimate0.090.000.050.100.09----------------------------------------0.22-0.16-0.17-0.18-0.21-0.30-0.28-0.23-0.22-0.22-0.20-0.20-0.15-0.16-0.14-0.12-0.12-0.13-0.12-0.08-0.08-0.10-0.08-0.06-0.08-0.11-0.10-0.05-0.05-0.13-0.14-0.11-0.09-0.15-0.34-0.14-0.12-0.15-0.13-0.14-0.13-0.15-0.15-0.12-0.11-0.14-0.12-0.06-0.10-0.07-0.040.020.030.020.060.070.060.07-0.04-0.03-0.03
EPS Actual0.070.010.030.020.01-0.20-0.18-0.14-0.20-0.19-0.09-0.09-0.11-0.09-0.040.020.000.280.25-0.14-0.020.000.03-0.01-0.03-0.01-0.04-0.03-0.04-0.11-0.04-0.04-0.14-0.02-0.030.03-0.033.52-0.06-0.05-0.11-0.090.210.06-0.58-0.19-0.09-0.20-0.36-0.31-0.31-0.25-0.24-0.24-0.21-0.19-0.21-0.16-0.13-0.11-0.12-0.12-0.09-0.08-0.10-0.11-0.06-0.06-0.07-0.16-0.14-0.05-0.09-0.15-0.10-0.07-0.10-0.19-0.150.04-0.08-0.08-0.09-0.09-0.08-0.20-0.06-0.01-0.03-0.10-0.030.01-0.06-0.060.050.070.07-0.020.120.120.070.07-0.030.04-
Surprise-22.22%--40.00%-80.00%-88.89%----------------------------------------163.64%-18.75%47.06%-11.11%-71.43%-3.33%-10.71%-8.70%-9.09%-9.09%-5.00%5.00%-40.00%0.00%7.14%8.33%0.00%7.69%25.00%0.00%-25.00%-10.00%25.00%0.00%12.50%-45.45%-40.00%0.00%-80.00%-15.38%28.57%36.36%-11.11%-26.67%55.88%128.57%33.33%46.67%30.77%35.71%38.46%-33.33%60.00%91.67%72.73%28.57%75.00%116.67%40.00%14.29%225.00%250.00%133.33%-200.00%100.00%71.43%19.45%0.00%25.00%233.33%-
Timing---------------------------------------------After-hoursAfter-hoursAfter-hours-After-hoursPre-marketAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-

Key Statistics & Ratios

Market Cap3.04B
Enterprise Value2.71B
Trailing P/E0.00
Forward P/E111.11
PEG Ratio99.04
Price / Sales11.39
Price / Book6.09
EPS-0.63
Book Value8.31
Revenue (TTM)266.93M
Gross Profit (TTM)198.00M
EBITDA-6.96M
Profit Margin-11.96%
Operating Margin1.26%
Return on Equity-10.35%
Return on Assets-2.25%
Shares Outstanding59.73M
Shares Float54.61M
Beta1.15
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 11 analystsTarget 59.09
  • Strong Buy
    9
  • Buy
    2

Ownership Breakdown

Institutions
96.94%
Insiders
1.94%
Retail / Other
1.12%

Top Institutional Holders

  • BlackRock Inc
    4.42M7.40%
  • First Light Asset Management, LLC
    2.75M4.60%
  • Morgan Stanley - Brokerage Accounts
    2.75M4.60%
  • Vanguard Capital Management, LLC
    2.26M3.78%
  • Assenagon Asset Management SA
    2.09M3.49%
  • Polar Capital Holdings PLC
    1.50M2.51%
  • Artemis Investment Management LLP
    1.40M2.34%
  • Wellington Management Company LLP
    1.39M2.33%
  • Geode Capital Management, LLC
    1.38M2.30%
  • Citadel Advisors Llc
    1.36M2.28%
  • Wasatch Advisors LP
    1.30M2.17%
  • The Goldman Sachs Group Inc
    1.26M2.11%
  • State Street Corp
    1.25M2.09%
  • FMR Inc
    1.22M2.05%
  • Hood River Capital Management LLC
    1.07M1.79%
  • T. Rowe Price Associates, Inc.
    1.02M1.70%
  • RTW INVESTMENTS, LLC
    1.01M1.69%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    1.72M2.88%
  • Polar Capital Healthcare Opports Inc
    1.66M2.77%
  • iShares Russell 2000 ETF
    1.35M2.26%

Dividends

20101×
1.00Jan 27, 2010
20051×
0.06Feb 23, 2005
19921×
0.04Jul 10, 1992

Stock Splits

  • Jul 11, 1994105:100
  • Jul 12, 1993105:100
  • Jul 10, 1992105:100