Nuwellis Inc

NUWE · NASDAQ · Healthcare / Medical Devices

4.90USD-0.13 (-2.58%)

Price History

Full chart

Market Stats

Previous Close5.03

Open5.05

Day Range4.79 – 5.27

52-Week Range0.71 – 172.90

Volume21.94K

Market Cap2.46M

P/E (TTM)0.00

Forward P/E0.00

EPS2,548.34

Dividend Yield0.00%

Beta0.23

50-Day Avg1.43

200-Day Avg36.09

About

Nuwellis, Inc., a medical device company, develops, manufactures, and commercializes medical devices used in ultrafiltration therapy. The company provides Aquadex FlexFlow and Aquadex SmartFlow systems, which are used to treat patients suffering from fluid overload due to heart failure, as well as Aquadex SmartFlow system for temporary use in adult and pediatric patients. The company was formerly known as CHF Solutions, Inc. and changed its name to Nuwellis, Inc. in April 2021. Nuwellis, Inc. was founded in 1999 and is headquartered in Eden Prairie, Minnesota.

Company Details

SectorHealthcare
IndustryMedical Devices
CEOMr. Michael Kendrick McCormick
Employees38
Headquarters12988 Valley View Road, Eden Prairie, MN, United States, 55344, USA
Websitehttps://www.nuwellis.com

Leadership

Mr. Michael Kendrick McCormickPresident, CEO & Director · b. 1962
Mr. Neil P. Ayotte Esq.Senior VP, General Counsel, Secretary & Chief Compliance Officer · b. 1963
Ms. Carisa SchultzCFO, Principal Financial Officer & Principal Accounting Officer · b. 1978
Ms. Kim AndersonVice President, Research & Development, Quality and Operations
Mr. David LernerChief Technology Officer
Leah McMullenDirector of Communications
Mr. Paul WottaCorporate Controller · b. 1958

Financials

Income Statement

Currency: USD	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: USD	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	23.43K	381.76K	1.25M	2.73M	422.04K	108.30K	400.02K	400.02K	-	-	59.00K	295.00K	59.00K	1.29M	3.55M	5.00M	5.51M	7.44M	7.92M	8.54M	8.86M	8.74M	8.27M
Growth (%)	-	+1529.30%	+228.25%	+117.99%	-84.55%	-74.34%	+269.36%	0.00%	-	-	-	+400.00%	-80.00%	+2084.75%	+175.64%	+40.67%	+10.26%	+35.02%	+6.45%	+7.85%	+3.76%	-1.40%	-5.38%
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	325.00K	713.00K	2.76M	3.67M	2.66M	3.38M	3.43M	3.79M	3.88M	2.91M	3.15M
Gross Profit	23.43K	381.76K	1.25M	2.73M	422.04K	108.30K	400.02K	400.02K	-	-	59.00K	295.00K	-266.00K	576.00K	790.00K	1.33M	2.85M	4.06M	4.49M	4.75M	4.98M	5.83M	5.12M
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	-	-	100.00%	100.00%	-450.85%	44.69%	22.23%	26.57%	51.73%	54.52%	56.70%	55.66%	56.22%	66.66%	61.96%
Operating Expense	1.22M	4.17M	6.69M	12.52M	9.74M	6.86M	6.62M	6.62M	-	-	22.93M	26.08M	25.69M	16.24M	15.60M	18.36M	20.96M	21.09M	24.02M	21.93M	22.61M	16.81M	16.23M
Operating Income	-1.20M	-3.79M	-5.44M	-9.79M	-9.32M	-6.75M	-6.22M	-6.22M	-16.56M	-14.87M	-22.87M	-25.79M	-25.96M	-15.66M	-14.81M	-17.04M	-18.11M	-17.03M	-19.53M	-17.17M	-17.63M	-10.99M	-11.11M
Operating Margin	-5120.43%	-993.53%	-433.77%	-358.29%	-2207.60%	-6236.49%	-1554.76%	-1554.76%	-	-	-38764.41%	-8741.36%	-43996.61%	-1215.05%	-416.89%	-340.86%	-328.54%	-228.84%	-246.51%	-200.99%	-198.89%	-125.72%	-134.29%
EBITDA	-4.18M	-5.40M	-9.73M	-8.64M	-6.46M	-6.39M	-11.81M	-11.81M	-16.26M	-14.70M	-22.69M	-25.51M	-25.64M	-14.64M	-10.09M	-16.80M	-17.87M	-16.65M	-19.06M	-4.90M	-16.36M	-10.53M	-6.55M
EBITDA Margin	-17855.38%	-1414.85%	-776.70%	-316.32%	-1531.59%	-5898.77%	-2952.11%	-2952.11%	-	-	-38450.85%	-8647.46%	-43455.93%	-1136.15%	-284.04%	-336.21%	-324.21%	-223.79%	-240.59%	-57.32%	-184.52%	-120.46%	-79.15%
Net Income	-1.01M	-3.82M	-5.22M	-9.79M	-9.32M	-6.52M	-5.55M	-5.55M	-16.20M	-14.06M	-21.76M	-25.59M	-26.58M	-15.79M	-13.38M	-17.03M	-18.11M	-15.84M	-19.55M	-14.53M	-20.21M	-11.16M	-17.52M
Net Income Margin	-4324.88%	-999.77%	-416.61%	-358.29%	-2207.60%	-6020.39%	-1387.90%	-1387.90%	-	-	-36877.97%	-8673.56%	-45055.93%	-1225.14%	-376.64%	-340.78%	-328.69%	-212.82%	-246.86%	-170.02%	-227.99%	-127.75%	-211.86%
R&D	461.51K	2.44M	4.40M	8.73M	5.58M	2.52M	2.95M	2.95M	11.20M	8.00M	13.50M	16.87M	17.67M	8.11M	1.48M	3.05M	4.67M	3.67M	4.98M	4.34M	5.42M	3.21M	2.71M
R&D as % of Total Revenue	1969.64%	640.16%	351.09%	319.67%	1322.72%	2326.02%	736.90%	736.90%	-	-	22888.14%	5720.00%	29952.54%	629.09%	41.68%	61.08%	84.78%	49.29%	62.85%	50.83%	61.17%	36.72%	32.79%
Interest Expense	3.99K	23.83K	0	0	0	0	0	0	251.00K	33.00K	100.00K	49.00K	743.00K	504.00K	2.54M	10.00K	0	2.40M	43.00K	9.25M	3.48M	5.61M	10.55M
Interest Expense % of Total Revenue	17.04%	6.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	-	169.49%	16.61%	1259.32%	39.10%	71.57%	0.20%	0.00%	32.29%	0.54%	108.24%	39.29%	64.15%	127.61%

Balance Sheet

Currency: USD	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: USD	2002-12-31	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	1.28M	1.41M	7.64M	4.75M	7.11M	9.74M	1.98M	4.47M	4.47M	7.43M	15.04M	55.23M	32.37M	24.57M	7.47M	18.45M	8.78M	5.60M	20.01M	30.42M	24.67M	9.77M	9.86M	6.12M
Total Liabilities	161.33K	1.27M	337.38K	366.54K	218.63K	233.02K	345.55K	457.53K	457.53K	2.83M	2.09M	3.50M	3.16M	12.40M	5.71M	2.22M	2.84M	3.61M	3.69M	4.47M	12.32M	6.56M	3.33M	3.49M
Total Equity	1.12M	139.47K	7.30M	4.38M	6.89M	9.51M	1.64M	4.02M	4.02M	4.60M	12.95M	51.73M	29.21M	12.17M	1.76M	16.24M	5.94M	1.99M	16.32M	25.95M	12.36M	3.21M	6.53M	2.62M
Cash	1.17M	928.13K	6.01M	3.36M	6.55M	9.35M	1.63M	3.35M	3.35M	6.56M	14.22M	54.14M	31.29M	23.11M	1.32M	15.60M	5.48M	1.28M	14.44M	8.74M	17.74M	3.80M	5.09M	1.08M
Total Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	7.80M	-	-	-	447.00K	339.00K	1.18M	984.00K	760.00K	545.00K	328.00K
Net Debt	-1.17M	-928.13K	-6.01M	-3.36M	-6.55M	-9.35M	-1.63M	-3.35M	-3.35M	-6.56M	-14.22M	-54.14M	-31.29M	-15.31M	-1.32M	-15.60M	-5.48M	-832.00K	-14.10M	-7.57M	-16.75M	-3.04M	-4.55M	-757.00K

Cash Flow

Currency: USD	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31

Currency: USD	2003-12-31	2004-12-31	2005-12-31	2006-12-31	2007-12-31	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-1.24M	-4.84M	-4.70M	-8.48M	-8.76M	-6.25M	-6.18M	-6.18M	-13.09M	-13.08M	-17.36M	-22.64M	-22.99M	-16.29M	-11.92M	-14.56M	-16.37M	-16.57M	-17.84M	-15.15M	-17.94M	-9.59M	-10.81M
Investing Cash Flow	-9.55K	-77.97K	-90.09K	-147.79K	-8.50K	-6.91K	-	-4.34K	-451.00K	-158.00K	-293.00K	-351.00K	-199.00K	-4.12M	-259.00K	-198.00K	-490.00K	-267.00K	-15.72M	14.73M	330.00K	-60.00K	-90.00K
Financing Cash Flow	964.88K	9.92M	2.28M	11.40M	10.73M	0	7.86M	7.86M	7.63M	20.84M	57.57M	89.00K	15.05M	-1.36M	26.45M	4.65M	12.66M	30.02M	27.87M	9.42M	3.68M	10.96M	6.94M
Capital Expenditure	9.55K	77.97K	90.09K	147.79K	8.50K	6.91K	4.34K	4.34K	451.00K	158.00K	293.00K	351.00K	199.00K	117.00K	259.00K	198.00K	490.00K	298.00K	219.00K	122.00K	248.00K	60.00K	90.00K
Free Cash Flow	-1.25M	-4.92M	-4.79M	-8.63M	-8.76M	-6.26M	-6.18M	-6.18M	-13.54M	-13.24M	-17.66M	-23.00M	-23.19M	-16.41M	-12.18M	-14.76M	-16.86M	-16.87M	-18.06M	-15.27M	-18.18M	-9.65M	-10.90M
Dividends Paid	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.30M	541.00K	-
FCF to OCF	100.77%	101.61%	101.92%	101.74%	100.10%	100.11%	100.07%	100.07%	103.45%	101.21%	101.69%	101.55%	100.87%	100.72%	102.17%	101.36%	102.99%	101.80%	101.23%	100.81%	101.38%	100.63%	100.83%
Dividend Paid to FCF	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-12.63%	-5.61%	-

Earnings

Report Date	May 10, 2012	Jul 30, 2012	Nov 8, 2012	Mar 11, 2013	May 14, 2013	Aug 7, 2013	Nov 11, 2013	Mar 11, 2014	May 13, 2014	Aug 12, 2014	Oct 30, 2014	Mar 17, 2015	May 5, 2015	Aug 4, 2015	Nov 3, 2015	Mar 3, 2016	May 3, 2016	Aug 9, 2016	Nov 8, 2016	Mar 2, 2017	May 9, 2017	Aug 8, 2017	Oct 31, 2017	Mar 20, 2018	May 8, 2018	Aug 7, 2018	Nov 6, 2018	Feb 20, 2019	May 7, 2019	Aug 6, 2019	Nov 5, 2019	Mar 3, 2020	May 12, 2020	Aug 4, 2020	Nov 10, 2020	Mar 2, 2021	May 11, 2021	Aug 10, 2021	Nov 9, 2021	Mar 1, 2022	May 10, 2022	Aug 9, 2022	Nov 8, 2022	Feb 28, 2023	May 9, 2023	Aug 8, 2023	Nov 7, 2023	Mar 5, 2024	May 7, 2024	Aug 13, 2024	Nov 11, 2024	Mar 3, 2025	May 13, 2025	Aug 14, 2025	Nov 12, 2025	Mar 10, 2026	May 12, 2026	Aug 13, 2026	Nov 11, 2026
EPS Estimate	-1000000.00	-1000000.00	-1000000.00	-1000000.00	-128100.00	-1000000.00	-1000000.00	-1000000.00	-104895.00	-1000000.00	-1000000.00	-101745.00	-1000000.00	-1000000.00	-1000000.00	-93660.00	-1000000.00	-1000000.00	-1000000.00	-	-1000000.00	-1000000.00	-1000000.00	-52920.00	-1000000.00	-1000000.00	-1000000.00	-22680.00	-1000000.00	-1000000.00	-1000000.00	-2400.00	-1000000.00	-1000000.00	-1000000.00	-191.00	-1000000.00	-1000000.00	-1000000.00	-47.67	-1000000.00	-1000000.00	-1000000.00	-17.09	-430123.29	-207001.12	-160181.48	-71515.71	-1.06	-12120.18	-1881.60	-0.43	-661.50	-661.50	-602.70	-1.56	-35.00	-23.80	-13.65
EPS Actual	-1000000.00	-1000000.00	-1000000.00	-1000000.00	-118440.00	-1000000.00	-1000000.00	-1000000.00	-95760.00	-1000000.00	-1000000.00	-100800.00	-1000000.00	-1000000.00	-1000000.00	-90720.00	-1000000.00	-1000000.00	-1000000.00	-38976.00	-1000000.00	-1000000.00	-1000000.00	-187320.00	-1000000.00	-1000000.00	-1000000.00	-25110.00	-1000000.00	-1000000.00	-1000000.00	-3360.00	-1000000.00	-1000000.00	-1000000.00	-157.00	-1000000.00	-1000000.00	-1000000.00	-41.00	-1000000.00	-1000000.00	-1000000.00	-5.00	-261820.06	-187793.06	-93124.78	-115248.35	-0.60	-27709.56	2557.81	-0.44	-1014.30	-2134.65	19.60	-1.50	-73.15	-26.64	-
Surprise	0.00%	0.00%	0.00%	0.00%	7.54%	0.00%	0.00%	0.00%	8.71%	0.00%	0.00%	0.93%	0.00%	0.00%	0.00%	3.14%	0.00%	0.00%	0.00%	-	0.00%	0.00%	0.00%	-253.97%	0.00%	0.00%	0.00%	-10.71%	0.00%	0.00%	0.00%	-40.00%	0.00%	0.00%	0.00%	17.80%	0.00%	0.00%	0.00%	13.99%	0.00%	0.00%	0.00%	70.74%	39.13%	9.28%	41.86%	-61.15%	43.40%	-128.62%	235.94%	-2.33%	-53.33%	-222.70%	103.25%	3.85%	-109.00%	-11.93%	-
Timing	After-hours	Pre-market	After-hours	Pre-market	-	Pre-market	Pre-market	Pre-market	-	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	Pre-market	Pre-market	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap2.46M

Enterprise Value-1.04M

Trailing P/E0.00

Forward P/E0.00

Price / Sales0.27

Price / Book0.18

EPS2,548.34

Book Value-3.58

Revenue (TTM)9.01M

Gross Profit (TTM)6.28M

EBITDA-12.72M

Profit Margin-125.63%

Operating Margin-160.95%

Return on Equity-609.44%

Return on Assets-87.83%

Shares Outstanding3.18M

Shares Float3.45M

Beta0.23

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Analyst Ratings

Buy

Based on 1 analystsTarget 11.00

Buy
1

Ownership Breakdown

Institutions: 2.59%
Insiders: 4.96%
Retail / Other: 92.45%

Top Institutional Holders

Armistice Capital, LLC
236.20K1.85%
Geode Capital Management, LLC
44.18K0.35%
Tower Research Capital LLC
5.19K0.04%
Citigroup Inc
5.13K0.04%
SBI Securities Co Ltd
630.00%
UBS Group AG
460.00%
Caitong International Asset Management Co., Limited.
40.00%
Ankerstar Wealth, LLC
10.00%
DRW Securities, LLC
00.00%
Sabby Management LLC
00.00%
XTX Topco Ltd
00.00%
Bank of America Corp
00.00%

Top Fund Holders

Fidelity Extended Market Index
6090.02%
Fidelity Series Total Market Index
420.00%

Stock Splits

Oct 27, 20261:9
Jun 26, 20261:35
Jul 7, 20251:42
Jun 28, 20241:35
Dec 12, 20221:100
Oct 19, 20201:30
Jan 3, 20191:14
Oct 13, 20171:20
Jan 13, 20171:30