MiMedx Group Inc

MiMedx Group Inc

MDXG · NASDAQ · Healthcare / Biotechnology

3.21USD-0.03 (-0.93%)

Price History

Full chart

Market Stats

Previous Close3.24
Open3.25
Day Range3.16 – 3.29
52-Week Range3.03 – 7.97
Volume1.13M
Market Cap681.51M
P/E (TTM)116.75
Forward P/E19.53
EPS0.04
Dividend Yield0.00%
Beta1.42
50-Day Avg4.42
200-Day Avg4.58

About

MiMedx Group, Inc. develops and distributes placental tissue allografts for various sectors of healthcare. The company processes the human placental tissues membrane, and umbilical cord and the placental disc utilizing its patented and proprietary PURION process to produce allografts that retains the tissue's inherent biological properties and regulatory proteins, including cytokines, chemokines, and growth factors. Its patented and proprietary processing method employs aseptic processing techniques in addition to terminal sterilization. The company's wound care products include EPIFIX, EPICORD, EPIXPRESS, CHORIOFIX, EMERGE, CELERA, REGENKIT WOUND GEL, and EPIEFFECT sheets for use as protective barriers that enables a healthcare provider to select an appropriate size graft based on the size of the wound to reduce product waste. Its surgical and other product offerings consist of AMNIOFIX, AMNIOBURN, AMNIOCORD, AXIOFILL, HELIOGEN, and AMNIOEFFECT for applications in a variety of applications and surgical settings, including lower extremity repair, plastic surgery, vascular surgery, and various orthopedic repairs and reconstructions. The company's products are used in the areas of wound care, burn, and surgical fields in healthcare. It sells its products through direct sales force and independent sales agents, as well as to individual customers and independent distributors in the United States. The company has a strategic alliance with Vaporox, Inc. for the promotion of their wound care offerings. The company was founded in 2006 and is headquartered in Marietta, Georgia.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEOMr. Joseph H. Capper
  • Employees808
  • Headquarters1775 West Oak Commons Court, NE, Marietta, GA, United States, 30062, USA
  • Websitehttps://www.mimedx.com

Leadership

  • Mr. Joseph H. CapperCEO & Director · b. 1964
  • Mr. Douglas C. Rice CPAChief Financial Officer · b. 1966
  • Mr. William F. Hulse IVGeneral Counsel & Chief Administrative Officer · b. 1974
  • Ms. Kimberly Maersk-MollerChief Commercial Officer · b. 1967
  • Dr. John Harper Ph.D.SVP of R&D & Medical Affairs and Chief Scientific Officer
  • Mr. Matthew M. NotarianniHead of Investor Relations
  • Mr. Mark P. GravesSenior VP & Chief Compliance Officer · b. 1966
  • Ms. Hilary DixonVice President of Investor Relations & Corporate Strategic Communications
  • Mr. Eric A. SmithSenior VP of Marketing & International · b. 1972
  • Ms. Tracy ChastainChief Human Resources Officer

Financials

Income Statement

Currency: USD2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue----788.87K7.76M27.05M59.18M118.22M187.30M245.01M321.14M359.11M359.11M248.23M242.02M267.84M321.48M348.88M418.63M
Growth (%)-----+883.74%+248.61%+118.75%+99.77%+58.43%+30.82%+31.07%+11.82%0.00%-30.88%-2.50%+10.67%+20.03%+8.52%+19.99%
Cost of Revenue----1.72M3.15M5.19M9.33M12.66M20.20M32.41M35.22M36.39M36.39M39.33M39.63M48.32M54.63M60.07M73.01M
Gross Profit-----931.19K4.61M21.87M49.85M105.56M167.09M212.61M285.92M322.73M322.73M208.90M202.39M219.53M266.84M288.81M345.62M
Gross Margin-----118.04%59.35%80.82%84.24%89.29%89.21%86.77%89.03%89.87%89.87%84.16%83.63%81.96%83.01%82.78%82.56%
Operating Expense----9.60M14.37M23.86M52.49M98.46M142.73M211.72M239.70M326.65M326.65M254.30M209.44M234.25M229.73M229.94M281.73M
Operating Income-16.15K-36.81K-17.85M-11.98M-10.53M-9.76M-1.99M-2.64M7.10M24.36M884.00K46.22M-3.92M-3.92M-45.40M-7.05M-14.73M37.12M58.87M63.89M
Operating Margin-----1335.15%-125.78%-7.36%-4.46%6.01%13.01%0.36%14.39%-1.09%-1.09%-18.29%-2.91%-5.50%11.55%16.87%15.26%
EBITDA3.85K463.45K-10.83M-10.89M-9.71M-7.98M-146.00K-550.00K9.22M27.10M8.93M52.58M2.99M17.59M-37.52M-1.89M-10.69M40.52M65.35M82.93M
EBITDA Margin-----1230.60%-102.81%-0.54%-0.93%7.80%14.47%3.64%16.37%0.83%4.90%-15.11%-0.78%-3.99%12.60%18.73%19.81%
Net Income-16.74K-38.86K-17.37M-11.92M-11.42M-10.19M-7.66M-4.11M6.22M29.45M11.97M64.73M-29.98M-29.98M-49.28M-12.30M-30.20M67.44M42.42M48.58M
Net Income Margin-----1447.60%-131.36%-28.32%-6.95%5.26%15.72%4.89%20.16%-8.35%-8.35%-19.85%-5.08%-11.27%20.98%12.16%11.60%
R&D100.00K2.01M2.01M4.02M2.75M2.60M2.88M4.84M7.05M8.41M14.34M17.90M15.77M15.77M11.71M9.93M12.70M12.66M12.34M15.10M
R&D as % of Total Revenue----349.02%33.54%10.66%8.18%5.96%4.49%5.85%5.57%4.39%4.39%4.72%4.10%4.74%3.94%3.54%3.61%
Interest Expense5902.05K00599.65K432.97K2.31M1.37M48.00K86.00K339.00K87.00K007.94M4.98M5.02M6.46M1.01M1.78M
Interest Expense % of Total Revenue----76.01%5.58%8.53%2.32%0.04%0.05%0.14%0.03%0.00%0.00%3.20%2.06%1.87%2.01%0.29%0.43%

Balance Sheet

Currency: USD2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets13.85K18415.18M9.69M7.35M27.10M35.18M84.69M109.26M135.91M193.26M121.25M122.84M122.84M202.03M187.93M171.43M239.05M263.92M342.65M
Total Liabilities10.59K35.78K948.48K3.62M1.25M15.20M15.18M11.13M19.93M27.93M60.26M47.46M73.19M73.19M110.61M95.35M96.92M96.33M70.81M86.11M
Total Equity3.26K-35.60K14.23M6.07M6.10M11.90M20.01M73.57M89.33M107.99M133.00M73.80M49.66M49.66M91.42M92.58M74.51M142.72M193.11M256.55M
Cash6.35K1846.75M2.65M1.34M4.11M6.75M44.08M46.58M28.49M34.39M27.48M45.12M45.12M95.81M87.08M65.95M82.00M104.42M166.12M
Total Debt10.00K27.50K2.99M2.99M403.43K4.04M4.01M--133.00K31.00K286.00K-229.00K51.83M53.29M52.47M48.10M24.84M22.53M
Net Debt3.65K27.32K-6.75M337.32K-937.49K-71.76K-2.74M-44.08M-46.58M-28.35M-34.36M-27.19M-45.12M-44.89M-43.98M-33.79M-13.48M-33.90M-79.57M-143.59M

Cash Flow

Currency: USD2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-23.65K-8.14M-8.56M-8.56M-8.16M-6.66M-3.33M-284.00K16.80M18.81M23.85M62.94M35.80M35.80M-39.41M-1.98M-17.89M26.77M66.20M74.00M
Investing Cash Flow-593.47K-356.68K-356.68K-151.62K-702.51K-637.00K-3.03M-12.15M-678.00K-11.68M-5.40M-9.22M-9.22M-4.55M-3.40M-2.66M-2.15M-9.58M-6.89M
Financing Cash Flow30.00K3.84M2.20M2.20M7.00M10.14M6.61M40.63M-2.15M-36.23M-8.15M-60.39M-8.93M-8.93M62.86M-3.35M-580.00K-8.57M-34.20M-5.41M
Capital Expenditure230.00K1.17M360.49K360.49K151.62K486.09K637.00K2.34M2.56M5.83M6.21M5.13M9.42M9.42M2.22M3.22M2.68M1.99M1.68M1.03M
Free Cash Flow-23.65K-9.31M-8.92M-8.92M-8.31M-7.15M-3.97M-2.62M14.24M12.98M17.64M57.81M25.77M26.38M-41.63M-5.20M-20.58M24.79M64.52M72.97M
Dividends Paid-----000000---100.00M1.44M651.00K997.00K--
FCF to OCF100.00%114.41%104.21%104.21%101.86%107.29%119.12%922.89%84.78%69.02%73.98%91.86%71.99%73.69%105.63%262.36%115.00%92.58%97.46%98.60%
Dividend Paid to FCF-----0.00%0.00%0.00%0.00%0.00%0.00%----240.21%-27.63%-3.16%4.02%--

Earnings

Report DateDec 31, 2007Jun 30, 2008Sep 30, 2008Dec 31, 2008Mar 31, 2009Jun 30, 2009Mar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011May 30, 2012Aug 29, 2012Nov 28, 2012Mar 7, 2013May 1, 2013Jul 31, 2013Oct 30, 2013Feb 26, 2014Apr 25, 2014Jul 28, 2014Oct 30, 2014Feb 26, 2015Apr 27, 2015Jul 30, 2015Oct 29, 2015Feb 23, 2016Apr 25, 2016Jul 26, 2016Oct 27, 2016Feb 23, 2017Apr 28, 2017Jul 26, 2017Oct 26, 2017Feb 28, 2018Apr 26, 2018Jul 26, 2018Oct 25, 2018Feb 21, 2019Apr 26, 2019Jul 31, 2019Oct 31, 2019Mar 17, 2020Jun 30, 2020Jul 5, 2020Nov 4, 2020Mar 8, 2021Apr 28, 2021Aug 3, 2021Nov 2, 2021Feb 28, 2022May 3, 2022Aug 2, 2022Nov 2, 2022Feb 28, 2023May 2, 2023Aug 1, 2023Oct 30, 2023Feb 28, 2024Apr 30, 2024Jul 31, 2024Oct 30, 2024Feb 26, 2025Apr 30, 2025Jul 30, 2025Oct 29, 2025Mar 4, 2026Apr 29, 2026Jul 29, 2026Nov 4, 2026
EPS Estimate------------------0.01-0.010.01--0.01-0.02-0.020.030.030.040.060.060.050.070.060.080.070.070.080.070.090.110.130.140.130.140.150.090.000.12--0.05-0.19-0.08-0.07-0.03-0.10-0.08-0.12-0.04-0.07-0.030.050.070.040.080.050.070.060.060.080.09-0.04-0.03-
EPS Actual-0.37-0.09-0.13-0.08-0.08-0.04-0.06-0.04-0.05-0.05-0.05-0.03-0.02-0.04-0.01-0.01-0.05-0.02-0.020.010.01-0.01-0.01-0.000.030.030.040.050.060.120.040.050.060.070.070.070.080.100.090.02-0.33-0.12-0.12-0.160.110.38-0.080.070.27-0.17-0.09-0.05-0.010.01-0.09-0.08-0.06-0.02-0.03-0.000.050.320.070.080.070.070.050.100.150.14-0.05-0.05-
Surprise------------------100.00%-100.00%0.00%-0.00%50.00%-50.00%0.00%33.33%25.00%0.00%100.00%-20.00%-28.57%0.00%-12.50%0.00%0.00%0.00%42.86%0.00%-85.27%-355.23%-189.07%-192.31%-214.29%-26.67%322.22%--41.67%--240.00%52.63%37.50%85.71%133.33%10.00%0.00%50.00%50.00%57.14%84.67%0.00%357.14%75.00%0.00%40.00%-6.67%-16.67%66.67%87.50%50.70%-25.00%-66.67%-
Timing------------------Pre-marketPre-marketPre-market-Pre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hours--------After-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap681.51M
Enterprise Value578.20M
Trailing P/E116.75
Forward P/E19.53
PEG Ratio2.88
Price / Sales1.92
Price / Book3.23
EPS0.04
Book Value1.48
Revenue (TTM)355.17M
Gross Profit (TTM)280.05M
EBITDA20.41M
Profit Margin1.76%
Operating Margin-28.69%
Return on Equity2.88%
Return on Assets1.91%
Shares Outstanding145.93M
Shares Float114.77M
Beta1.42
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 5 analystsTarget 7.40
  • Strong Buy
    5

Ownership Breakdown

Institutions
77.68%
Insiders
2.14%
Retail / Other
20.18%

Top Institutional Holders

  • Essex Woodlands Health Ventures
    28.20M19.04%
  • BlackRock Inc
    11.91M8.04%
  • Trigran Investments Inc
    7.17M4.84%
  • Vanguard Capital Management, LLC
    5.17M3.49%
  • State Street Corp
    5.06M3.41%
  • Paradigm Capital Management, Inc.
    4.07M2.75%
  • Nantahala Capital Management, LLC
    3.40M2.29%
  • Renaissance Technologies Corp
    3.02M2.04%
  • Geode Capital Management, LLC
    2.88M1.95%
  • Punch & Associates Inv Mgmt Inc
    2.06M1.39%
  • Dimensional Fund Advisors, Inc.
    1.94M1.31%
  • Cannell Capital LLC
    1.87M1.26%
  • Marshall Wace Asset Management Ltd
    1.86M1.26%
  • Qube Research & Technologies
    1.65M1.12%
  • Charles Schwab Investment Management Inc
    1.38M0.93%
  • The Goldman Sachs Group Inc
    1.19M0.80%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    3.72M2.51%
  • iShares Russell 2000 ETF
    3.12M2.11%
  • State Street® SPDR® S&P® Biotech ETF
    3.12M2.11%
  • Fidelity Small Cap Index
    1.31M0.89%

Stock Splits

  • Apr 2, 20083235:10000