Company name:

IRadimed Corp

  • IPO SHARE PRICE:
    $6.00
  • IPO DATE:
    July 16, 2014
  • TICKER:
    IRMD
  • MAIN STOCK EXCHANGE:
    NASDAQ
  • CURRENT HQ LOCATION:
    1025 Willa Springs Drive Winter Springs Florida 32708
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

IRadimed Corp

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Income Statement

Quarterly Annual
(USD in thousand)
Selected Year:
31-Dec
2020
Revenue
Gross receipts in the form of cash (great!) and promises to pay (Account Receivables - not so great as some of them will never be collected but reality of business!) from all its customers
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Total Revenue
45,679
45,679
45,679
 23,082 30,439 38,517 31,717 31,717 34,184
Selected Year:
31-Dec
2020
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
102.4%
38.7% —

General and administrative

32.0% —

Sales and marketing

25.7% —

Cost of revenue

6.0% —

Research and development
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Cost of revenue
45,679
45,679
45,679
 5,570 7,212 8,816 8,143 8,143 8,426
Gross profit
45,679
45,679
45,679
 17,512 23,227 29,701 23,574 23,574 25,758
Sales and marketing
45,679
45,679
45,679
 5,503 6,996 9,170 10,159 10,159 12,275
Research and development
45,679
45,679
45,679
 1,723 1,517 1,433 1,903 1,903 2,051
General and administrative
45,679
45,679
45,679
 9,001 8,711 10,451 12,269 12,269 8,828
Total operating expenses
45,679
45,679
45,679
 $16,227 $17,224 $21,054 $24,331 $24,331 $23,154
Selected Year:
31-Dec
2020
Operating Income
Income after excluding Operating Expenses from Total Revenue
2.4%
2.4% —

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income
$45,679
$45,679
$45,679
 $1,285 $6,004 $8,647 ($756) ($756) $2,604
Selected Year:
31-Dec
2020
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
0.4%
0.4% —

Other income
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Other expense or income
45,679
-
-
 - - - - - -
Other income
-
45,679
45,679
 111 194 396 139 139 54
Total non-operating income (expense)
45,679
45,679
45,679
 111 194 396 139 139 54
Selected Year:
31-Dec
2020
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
1.9%
1.9% —

EBIT

Another income metric but unlike Operating Income it is closer to the ultimate income metric - Net Income by removing expenses that are not related to earning Revenue as they are supposed to be accidental and transitory
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT
$45,679
$45,679
$45,679
 $1,396 $6,197 $9,043 ($617) ($617) $2,658
Selected Year:
31-Dec
2020
Interest Expense and Income, Taxes
Expenses driven mostly by company management's choices, nature of business (capital intensive vs not) about financing (debt vs equity) and legal structure
6.3%
6.3% —

Income tax expense or benefit
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Income before income taxes
45,679
45,679
45,679
 1,396 6,197 9,043 (617) (617) 2,658
Income tax expense or benefit
45,679
45,679
45,679
 897 (106) (588) (1,986) (1,986) 108
Selected Year:
31-Dec
2020
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
4.3%
4.3% —

Net income (loss)

It is a residue that is left from Total Revenue after paying all kind of expenses and belongs to all equity holders in the company. Some of these shareholders such Non-controlling interest or Preferred equity gets their share before Common shareholders
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
$45,679
$45,679
 $500 $6,303 $9,631 $1,369 $1,369 $2,550

Basic Shares Outstanding
Basic shares outstanding as of certain dates reported by Company on its annual and quarterly filings, these numbers are NOT used calculation of basic EPS. They help to see share issuance by company in perspective
Common
-
-
45,678,795
 10,604,648 10,997,052 11,919,669 12,310,896 12,310,896 12,310,896
Selected Year:
31-Dec
2020
EPS
Net Income / Shares Outstanding = EPS before dilution or Basic EPS; Net Income/ ( Shares Outstanding + potentially available shares from conversion of various option instruments)
Selected Year:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net Income per basic share
$45,678,795.00
$45,678,795.00
$45,678,795.00
 $0.05 $0.59 $0.85 $0.11 $0.11 $0.20
Net Income per diluted share
$45,678,795.00
$45,678,795.00
$45,678,795.00
 $0.04 $0.52 $0.78 $0.11 $0.11 $0.20