Elutia Inc.

Elutia Inc.

ELUT · NASDAQ · Healthcare / Medical Devices

0.82USD-0.06 (-6.69%)

Price History

Full chart

Market Stats

Previous Close0.8788
Open0.8486
Day Range0.7868 – 0.8799
52-Week Range0.50 – 1.39
Volume50.44K
Market Cap36.31M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.60
Dividend Yield0.00%
Beta0.88
50-Day Avg0.8797
200-Day Avg0.9527

About

Elutia Inc., a commercial-stage company, focuses on developing drug-eluting biomatrix products for use in surgical reconstruction and related applications. The company operates in two segments, Women's Health and Cardiovascular. Its lead development programs include NXT-41 and NXT-41x, which are designed as biologic scaffolds combined with local antibiotic delivery. The company provides SimpliDerm, a human acellular dermal matrix used in soft tissue reconstruction. It also offers ProxiCor for cardiac tissue repair for use as an intracardiac patch for repairs, such as atrial and ventricular septal defects and suture-line buttressing, and pledgets, as well as for pericardial closure to reconstruct the pericardium after heart surgery. In addition, the company provides Tyke, a thinner pliable matrix for the repair of pericardial structures for neonates and infants; as an epicardial for damaged or repaired cardiac structures; and as a patch material for cardiac defects, as well as VasCure, a patch material to repair or reconstruct the peripheral vasculature. The company sells its products directly to hospitals and other healthcare facilities through independent sales agents. The company was formerly known as Aziyo Biologics, Inc. and changed its name to Elutia Inc. in September 2023. Elutia Inc. was incorporated in 2015 and is headquartered in Gaithersburg, Maryland.

Company Details

  • SectorHealthcare
  • IndustryMedical Devices
  • CEODr. C. Randal Mills Ph.D.
  • Employees25
  • Headquarters20 Firstfield Road, Gaithersburg, MD, United States, 20878, USA
  • Websitehttps://elutia.com

Leadership

  • Dr. C. Randal Mills Ph.D.Co-Founder, President, CEO & Director · b. 1972
  • Mr. Matthew B. FergusonChief Financial Officer · b. 1968
  • Dr. Michelle LeRoux Williams Ph.D.Chief Scientific Officer · b. 1975
  • Ms. Tamara GrossettHead of People
  • Dr. Sonali Fonseca Ph.D.VP & Head of Emerging Businesses
  • Mr. Dwayne MontgomeryHead of Cardiovascular · b. 1968
  • Mr. Peter J. LigottiChief Commercial Officer
  • Mr. Jeffry D. HametSenior VP of Finance, Treasurer & Secretary

Financials

Income Statement

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue39.04M42.90M42.68M47.39M23.85M24.75M24.38M12.29M
Growth (%)-+9.90%-0.51%+11.03%-49.68%+3.76%-1.50%-49.57%
Cost of Revenue23.09M23.13M22.12M28.37M12.21M13.69M13.67M5.70M
Gross Profit15.95M19.77M20.56M19.02M11.64M11.05M10.71M6.60M
Gross Margin40.84%46.08%48.17%40.14%48.80%44.67%43.93%53.66%
Operating Expense24.17M28.18M34.16M42.05M46.83M41.58M46.36M25.01M
Operating Income-8.22M-8.41M-13.60M-23.03M-35.19M-30.53M-35.65M-18.41M
Operating Margin-21.06%-19.60%-31.86%-48.60%-147.55%-123.36%-146.26%-149.78%
EBITDA-2.22M-2.67M-12.30M-15.72M-27.30M-31.92M-45.89M-13.46M
EBITDA Margin-5.69%-6.23%-28.82%-33.18%-114.46%-128.98%-188.27%-109.49%
Net Income-11.57M-11.94M-21.82M-24.83M-32.90M-37.66M-53.95M53.38M
Net Income Margin-29.63%-27.83%-51.13%-52.40%-137.94%-152.18%-221.33%434.23%
R&D2.48M2.40M5.95M9.27M7.73M4.40M3.79M4.16M
R&D as % of Total Revenue6.36%5.59%13.95%19.55%32.40%17.78%15.53%33.86%
Interest Expense5.52M5.38M5.63M5.32M5.12M5.80M4.78M387.00K
Interest Expense % of Total Revenue14.14%12.54%13.20%11.23%21.46%23.42%19.61%3.15%

Balance Sheet

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets47.74M44.77M82.81M67.17M68.84M43.43M36.13M62.35M
Total Liabilities91.15M99.88M61.98M53.65M73.87M82.03M82.39M34.68M
Total Equity-43.41M-55.11M20.83M13.52M-5.03M-38.60M-46.26M27.67M
Cash2.41M2.48M39.15M30.39M16.99M19.28M13.24M36.35M
Total Debt82.39M25.53M30.64M23.24M25.45M23.95M24.01M11.17M
Net Debt79.97M23.05M-8.52M-7.16M8.46M4.68M10.78M-25.18M

Cash Flow

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-5.13M-7.22M-13.63M-15.45M-21.43M-21.76M-22.66M-44.81M
Investing Cash Flow-190.00K-577.00K-640.00K-369.00K-540.00K14.21M-474.00K78.56M
Financing Cash Flow6.99M7.98M51.21M6.71M8.54M9.84M17.09M-10.64M
Capital Expenditure190.00K577.00K640.00K369.00K540.00K346.00K654.00K1.88M
Free Cash Flow-5.32M-7.80M-14.27M-15.81M-21.97M-22.11M-23.31M-46.69M
FCF to OCF103.71%107.99%104.70%102.39%102.52%101.59%102.89%104.19%

Earnings

Report DateSep 2, 2020Nov 19, 2020Mar 1, 2021May 4, 2021Aug 9, 2021Nov 9, 2021Mar 3, 2022May 9, 2022Aug 11, 2022Nov 14, 2022Mar 22, 2023May 10, 2023Aug 14, 2023Nov 13, 2023Mar 7, 2024May 9, 2024Aug 7, 2024Nov 14, 2024Mar 5, 2025May 8, 2025Aug 14, 2025Nov 6, 2025Mar 4, 2026May 14, 2026Aug 13, 2026Nov 5, 2026
EPS Estimate-0.74-3.31-0.57-0.57-0.55-0.61-0.82-0.62-0.55-0.66-0.66-0.57-0.29-0.55-0.28-0.41-0.33-0.44-0.25-0.20-0.17-0.15-0.12-0.15-0.15-
EPS Actual-0.73-15.79-0.57-0.50-0.23-0.81-0.82-0.60-0.69-0.73-0.38-0.49-0.65-0.50-0.40-0.75-1.140.33-0.26-0.21-0.23-0.091.48-0.17-0.17-
Surprise0.68%-377.04%0.00%12.28%58.18%-32.79%0.00%3.23%-25.45%-10.61%42.42%14.04%-124.14%9.09%-42.86%-82.93%-245.45%175.00%-4.00%-5.00%-35.29%40.00%1333.33%-13.33%-13.33%-
Timing-After-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap36.31M
Enterprise Value22.94M
Trailing P/E0.00
Forward P/E0.00
Price / Sales2.99
Price / Book2.44
EPS-0.60
Book Value0.356
Revenue (TTM)12.14M
Gross Profit (TTM)7.01M
EBITDA-21.35M
Profit Margin426.90%
Operating Margin-243.10%
Return on Equity0.00%
Return on Assets-34.66%
Shares Outstanding44.29M
Shares Float29.48M
Beta0.88
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 2 analystsTarget 5.00
  • Strong Buy
    2

Ownership Breakdown

Institutions
43.82%
Insiders
3.58%
Retail / Other
52.60%

Top Institutional Holders

  • Nantahala Capital Management, LLC
    3.18M7.19%
  • AIGH Capital Management, LLC
    2.70M6.09%
  • Knollwood Investment Advisory LLC
    2.56M5.77%
  • SILVERARC CAPITAL MANAGEMENT, LLC
    2.50M5.64%
  • Vanguard Capital Management, LLC
    1.02M2.31%
  • Perkins Capital Management Inc
    756.89K1.71%
  • Geode Capital Management, LLC
    293.40K0.66%
  • CI Private Wealth LLC
    253.50K0.57%
  • Birchview Capital, LP
    165.09K0.37%
  • Citadel Advisors Llc
    123.50K0.28%
  • BlackRock Inc
    122.07K0.28%
  • Rossmore Private Capital
    120.00K0.27%
  • Vanguard Fiduciary Trust Co
    119.34K0.27%
  • GSA Capital Partners LLP
    89.39K0.20%
  • Renaissance Technologies Corp
    82.72K0.19%
  • Jane Street Group LLC
    64.08K0.14%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    899.93K2.03%
  • Fidelity Extended Market Index
    140.01K0.32%
  • iShares Micro-Cap ETF
    116.35K0.26%
  • Fidelity Total Market Index
    44.70K0.10%