Mentice AB

Mentice AB

MNTC · ST · Healthcare / Medical Devices

16.20SEK+0.20 (+1.25%)

Price History

Full chart

Market Stats

Previous Close16.00
Open15.90
Day Range15.65 – 16.20
52-Week Range8.50 – 18.00
Volume7.17K
Market Cap426.10M
P/E (TTM)0.00
Forward P/E27.70
EPS-0.17
Dividend Yield0.00%
Beta0.46
50-Day Avg14.09
200-Day Avg13.67

About

Mentice AB (publ), together with its subsidiaries, develops, sells, and markets solutions for training and decision support in the clinical area of interventional angiography in cardiology, neurology, vascular surgery, and radiology. It operates through the Mentice VIST, Physical Sim, and Ankyras segments. The company offers virtual simulation products, including VR simulator platforms; procedural learning models; peripheral vascular; patient simulator accessories and extensions for endovascular therapies; and Angiosuite integrations, such as the VIST virtual patient and Laerdal SimMan vascular medical simulator. It also provides flow model products, which include physiological flow systems, extensions and add-ons, silicone and 3D printed vessels, and flow system accessories; Ankyras, a clinical decision application; Mentice Live, a cloud-based learning center for medical technology industry and healthcare providers; Right Heart Cath app, a mobile solution for interactive real-time exploration into the right heart catheterization procedure; Vascular Twin, an anatomical replication for procedural and device adoption; research and development services; and professional support services for installation, training, and warranty services. It operates in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. Mentice AB (publ) was founded in 1998 and is headquartered in Gothenburg, Sweden.

Company Details

  • SectorHealthcare
  • IndustryMedical Devices
  • CEOMr. Frans Matthieu Venker
  • Employees109
  • HeadquartersOdinsgatan 10, Gothenburg, Sweden, 411 03, Sweden
  • Websitehttps://www.mentice.com

Leadership

  • Mr. Frans Matthieu VenkerGroup CEO & President · b. 1973
  • Mr. Rick van VeenChief Financial Officer
  • Mr. Henrik StormChief Technology Officer · b. 1972
  • Mr. Martin HarrisVice President of Marketing
  • Ms. Catharina BergstromChief People Officer
  • Mr. Edward FaltChief Strategy Officer · b. 1977
  • Dominic SteffelSenior Product Manager

Financials

Income Statement

Currency: SEK2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue108.97M157.05M149.37M137.50M185.06M217.95M273.61M290.33M279.09M
Growth (%)-+44.13%-4.89%-7.94%+34.59%+17.77%+25.54%+6.11%-3.87%
Cost of Revenue19.28M29.45M22.52M33.40M35.15M29.01M37.23M33.08M312.15M
Gross Profit89.69M127.59M126.85M104.11M149.92M188.94M236.38M257.25M-33.06M
Gross Margin82.31%81.25%84.92%75.71%81.01%86.69%86.39%88.60%-11.85%
Operating Expense83.15M111.47M154.66M135.69M168.43M211.61M237.06M269.64M0
Operating Income6.54M16.13M-27.81M-31.59M-18.51M-22.67M-679.00K-12.40M-33.06M
Operating Margin6.00%10.27%-18.62%-22.97%-10.00%-10.40%-0.25%-4.27%-11.85%
EBITDA8.27M17.21M-13.88M-3.90M1.44M266.00K28.87M18.30M-1.72M
EBITDA Margin7.59%10.96%-9.29%-2.83%0.78%0.12%10.55%6.30%-0.62%
Net Income6.18M20.15M-20.60M-13.09M-29.19M-30.66M-2.82M-18.42M-32.33M
Net Income Margin5.67%12.83%-13.79%-9.52%-15.77%-14.07%-1.03%-6.34%-11.59%
R&D1.22M1.27M1.38M3.35M8.00M9.01M9.43M--
R&D as % of Total Revenue1.12%0.81%0.92%2.43%4.32%4.13%3.45%--
Interest Expense4.00K45.00K1.04M546.00K539.00K1.37M1.18M1.22M1.17M
Interest Expense % of Total Revenue0.00%0.03%0.70%0.40%0.29%0.63%0.43%0.42%0.42%

Balance Sheet

Currency: SEK2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets93.82M130.59M187.14M245.27M261.90M332.98M322.53M323.90M312.02M
Total Liabilities45.18M63.85M62.38M82.02M125.02M170.34M163.55M180.24M173.65M
Total Equity48.64M66.74M124.77M163.25M136.89M162.63M158.97M143.66M138.38M
Cash14.71M17.82M48.04M48.75M12.70M47.28M59.12M53.59M33.38M
Total Debt--15.45M11.51M14.70M16.68M9.56M9.14M16.82M
Net Debt-14.71M-17.82M-32.59M-37.24M2.01M-30.61M-49.56M-44.45M-16.55M

Cash Flow

Currency: SEK2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow15.73M16.00M-37.28M30.53M-5.13M14.91M36.52M17.92M-20.30M
Investing Cash Flow-7.86M-12.39M-3.97M-24.97M-25.90M-32.28M-16.18M-16.44M-15.46M
Financing Cash Flow--958.00K71.30M-3.98M-5.78M48.99M-7.05M-9.31M19.66M
Capital Expenditure7.86M12.39M3.97M25.34M25.90M13.05M6.99M16.44M5.13M
Free Cash Flow7.87M3.61M-41.25M5.20M-31.03M1.85M29.53M1.48M-25.43M
Dividends Paid-958.00K2.02M------
FCF to OCF50.05%22.57%110.65%17.02%604.91%12.44%80.86%8.26%125.26%
Dividend Paid to FCF-26.52%-4.89%------

Earnings

Report DateAug 29, 2019Nov 25, 2019Feb 27, 2020May 14, 2020Aug 13, 2020Nov 12, 2020Feb 4, 2021Apr 28, 2021Jul 22, 2021Oct 28, 2021Feb 3, 2022Apr 27, 2022Jul 21, 2022Oct 26, 2022Feb 3, 2023Apr 27, 2023Jul 20, 2023Oct 26, 2023Feb 15, 2024May 3, 2024Jul 23, 2024Nov 7, 2024Feb 13, 2025May 8, 2025Jul 24, 2025Nov 6, 2025Feb 26, 2026May 7, 2026Jul 23, 2026
EPS Estimate-0.29-0.120.44-0.25-0.41-0.120.42-0.21-0.220.070.27-0.20-0.20-0.120.18-0.120.24-0.180.06-0.04-0.120.16-0.40-0.14-0.200.06-0.25-0.10
EPS Actual-0.45-0.370.32-0.21-0.46-0.010.14-0.50-0.22-0.290.38-0.30-0.71-0.300.08-0.060.060.00-0.11-0.960.67-0.510.08-1.08-0.69-0.010.46-0.59-0.03
Surprise-55.17%-208.33%-27.27%16.00%-12.20%91.67%-66.67%-138.10%0.00%-514.29%40.74%-50.00%-255.00%-150.00%-55.56%50.00%-75.00%--161.11%-1700.00%1775.00%-325.00%-50.00%-170.00%-400.36%95.00%666.67%-136.00%70.00%
TimingPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap426.10M
Enterprise Value342.03M
Trailing P/E0.00
Forward P/E27.70
Price / Sales1.41
Price / Book3.15
EPS-0.17
Book Value4.39
Revenue (TTM)303.12M
Gross Profit (TTM)267.88M
EBITDA-5.61M
Profit Margin-1.52%
Operating Margin-3.94%
Return on Equity-4.20%
Return on Assets-1.86%
Shares Outstanding28.13M
Shares Float4.50M
Beta0.46
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%