Axonics Modulation Technologies Inc

Healthcare US AXNX

NoneUSD
-(-%)

Last update at 2024-12-12T19:08:57.182766Z

Day Range

--
LowHigh

52 Week Range

55.0971.05
LowHigh

Fundamentals

  • Previous Close 70.98
  • Market Cap3627.73M
  • VolumeNone
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA5.27M
  • Revenue TTM431.90M
  • Revenue Per Share TTM8.53
  • Gross Profit TTM 197.66M
  • Diluted EPS TTM-0.1

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -62.31600M -79.28500M -54.91400M -79.93400M -32.48200M
Minority interest - - - - -
Net income -59.69800M -80.06700M -54.91500M -79.93500M -32.48300M
Selling general administrative 40.24M 32.78M 25.55M 19.08M 9.36M
Selling and marketing expenses 156.02M 105.79M 66.13M 48.67M 3.72M
Gross profit 197.66M 115.72M 67.09M 7.33M 0.35M
Reconciled depreciation 11.72M 7.24M 1.74M 1.19M 0.95M
Ebit -42.38500M -67.39400M -53.76000M -80.59900M -32.08500M
Ebitda -27.86900M -60.11300M -52.99900M -77.62500M -31.13900M
Depreciation and amortization 14.52M 7.28M 0.76M 2.97M 0.95M
Non operating income net other 2.63M -7.47700M -1.15400M - -
Operating income -42.38500M -67.39400M -53.76000M -80.59900M -32.13700M
Other operating expenses 316.09M 247.68M 165.29M 94.42M 32.84M
Interest expense 2.43M 7.43M 1.87M 2.31M 1.34M
Tax provision -2.61800M 0.78M 0.00100M 0.00100M 0.00100M
Interest income 5.13M 0.04M 0.76M 2.97M 1.00M
Net interest income 2.70M -7.38600M -1.11300M 0.67M -0.34500M
Extraordinary items - - - - -
Non recurring 22.56M 4.41M - - -
Other items - - - - -
Income tax expense -2.61800M 0.78M 0.00100M 0.00100M 0.00100M
Total revenue 273.70M 180.29M 111.53M 13.82M 0.71M
Total operating expenses 240.05M 183.11M 120.85M 87.93M 32.49M
Cost of revenue 76.04M 64.57M 44.44M 6.49M 0.36M
Total other income expense net -19.93100M -11.89100M -1.15400M 0.67M -0.34500M
Discontinued operations - - - - -
Net income from continuing ops -59.69800M -80.06700M -54.91500M -79.93500M -32.48300M
Net income applicable to common shares -59.69800M -80.06700M -54.91500M -79.93500M -32.48300M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 719.92M 659.35M 547.95M 342.21M 219.82M
Intangible assets 81.38M 86.25M 106.47M 0.20M 0.31M
Earning assets - - - - -
Other current assets 9.28M 7.28M 6.45M 5.43M 4.47M
Total liab 82.36M 89.21M 65.51M 54.84M 36.82M
Total stockholder equity 637.56M 570.14M 482.44M 287.37M 183.00M
Deferred long term liab - 16.41M 19.22M - -
Other current liab 25.59M 54.62M 17.85M 12.63M 5.55M
Common stock 0.00500M 0.00500M 0.00500M 0.00400M 0.00300M
Capital stock 0.00500M 0.00500M 0.00500M 0.00400M 0.00300M
Retained earnings -380.35200M -374.26400M -314.56600M -234.49900M -179.58400M
Other liab - 16.41M 29.59M - -
Good will 99.42M 94.41M 105.51M - -
Other assets 0.00000M 0.61M 7.73M 7.74M 0.58M
Cash 104.81M 238.85M 220.88M 241.18M 171.08M
Cash and equivalents - - - - -
Total current liabilities 45.82M 65.25M 26.87M 45.68M 12.03M
Current deferred revenue - - - - -
Net debt -77.19400M -229.72900M -210.46000M -209.63700M -145.69400M
Short term debt 1.78M 1.56M 1.37M 22.39M 0.60M
Short long term debt - 32.60M - 21.11M -
Short long term debt total 27.62M 9.12M 10.42M 31.54M 25.39M
Other stockholder equity 1033.78M 969.54M 803.56M 522.30M 363.01M
Property plant equipment - 6.80M 6.92M 6.33M 7.25M
Total current assets 491.42M 465.07M 321.32M 327.95M 211.68M
Long term investments - - - - -
Net tangible assets - 389.47M 270.46M 287.17M 182.69M
Short term investments 240.15M 118.36M - 0.00000M 12.59M
Net receivables 57.24M 44.82M 29.04M 18.27M 7.88M
Long term debt - - - - 20.34M
Inventory 79.94M 55.77M 64.95M 63.06M 15.66M
Accounts payable 18.45M 9.07M 7.65M 10.66M 5.88M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -15.86700M -25.14700M -6.56000M -0.43100M -0.42800M
Additional paid in capital - - - - -
Common stock total equity - 0.00500M 0.00500M 0.00400M 0.00300M
Preferred stock total equity - - - - -
Retained earnings total equity - -374.26400M -314.56600M -234.49900M -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 1.74M 6.81M 7.73M 7.74M 4.78M
Deferred long term asset charges - - - - -
Non current assets total 228.50M 194.28M 226.63M 14.26M 8.14M
Capital lease obligations 27.62M 9.12M 10.42M 10.43M 5.05M
Long term debt total - - - - 20.34M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -118.13100M -143.00200M 12.59M 45.29M -60.05000M
Change to liabilities 5.61M 1.32M 11.54M 2.45M 1.82M
Total cashflows from investing activities -120.35400M -143.00200M 9.65M 45.29M -60.05000M
Net borrowings - -26.22200M -26.11600M -26.11600M 20.00M
Total cash from financing activities 133.97M 170.51M 144.19M 110.95M 165.34M
Change to operating activities 3.15M 3.16M 6.32M 2.69M -1.99300M
Net income -59.69800M -80.06700M -54.91500M -79.93500M -32.48300M
Change in cash 17.97M -20.30300M 70.10M 72.78M 73.91M
Begin period cash flow 220.88M 241.18M 171.08M 98.31M 24.40M
End period cash flow 238.85M 220.88M 241.18M 171.08M 98.31M
Total cash from operating activities 3.19M -47.30600M -83.74200M -83.45400M -31.37000M
Issuance of capital stock 128.50M 201.25M 149.50M 117.59M 158.10M
Depreciation 11.72M 9.13M 1.74M 1.19M 0.95M
Other cashflows from investing activities - -140.74100M - 46.63M -58.82200M
Dividends paid - - - - -
Change to inventory 8.42M -1.10800M -47.35300M -11.98600M -2.25500M
Change to account receivables -15.96800M -8.99800M -10.78100M -7.52700M -0.42700M
Sale purchase of stock 133.97M 185.46M -9.01300M -7.14100M -12.62300M
Other cashflows from financing activities 5.47M 70.38M -5.31000M -6.63500M 39.97M
Change to netincome 54.28M 27.87M 15.69M 8.39M 2.48M
Capital expenditures 2.22M 2.26M 2.94M 1.34M 1.23M
Change receivables -15.96800M -8.99800M -10.78100M - -
Cash flows other operating -1.18200M -0.44000M -0.44300M - -
Exchange rate changes - - - - -
Cash and cash equivalents changes 16.80M -19.79500M 70.10M - -
Change in working capital -2.93100M -9.81100M -47.03300M -14.37800M -2.85500M
Stock based compensation 32.02M 25.16M 15.10M 8.72M 0.61M
Other non cash items 22.27M 7.70M 0.94M 0.87M 2.16M
Free cash flow 0.97M -49.56700M -86.68000M -84.79300M -32.59800M

Peer Comparison

Sector: Healthcare Industry: Medical Devices

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
AXNX
Axonics Modulation Technologies Inc
- -% - - 106.38 8.40 5.46 7.68 381.08
ABT
Abbott Laboratories
-0.58 0.43% 133.43 37.15 23.15 4.67 4.97 4.88 19.38
SYK
Stryker Corporation
-0.19 0.05% 376.93 44.07 24.94 5.51 6.12 6.05 25.73
MDT
Medtronic PLC
-1.2 1.36% 86.72 26.60 15.87 3.35 2.08 3.90 14.12
BSX
Boston Scientific Corp
0.57 0.56% 102.06 68.17 24.57 5.85 4.26 6.46 26.80

Reports Covered

Stock Research & News

Profile

Axonics, Inc., a medical technology company, engages in the development and commercialization of novel products for the treatment of bladder and bowel dysfunction. Its sacral neuromodulation (SNM) systems are used to treat patients with overactive bladder (OAB), including urinary urge incontinence and urinary urgency frequency, as well as fecal incontinence (FI) and non-obstructive urinary retention (UR); and rechargeable (R20) and recharge-free (F15) implantable SNM systems that delivers mild electrical pulses to the targeted sacral nerve to restore normal communication to and from the brain to reduce the symptoms of OAB, UR, and FI. The company also offers Bulkamid, a urethral bulking agent to treat female stress urinary incontinence. It sells its products through a direct sales force and distributors in the United States, the United Kingdom, Germany, the Netherlands, Nordic countries, and internationally. The company was formerly known as Axonics Modulation Technologies, Inc. and changed its name to Axonics, Inc. in March 2021. Axonics, Inc. was incorporated in 2012 and is based in Irvine, California. As of November 15, 2024, Axonics, Inc. operates as a subsidiary of Boston Scientific Corporation.

Axonics Modulation Technologies Inc

26 Technology Drive, Irvine, CA, United States, 92618

Key Executives

Name Title Year Born
Mr. Raymond W. Cohen CEO & Director 1959
Mr. Danny L. Dearen Pres & CFO 1963
Mr. Rinda K. Sama Chief Operating Officer 1980
Dr. John Woock Ph.D. Exec. VP, Chief Marketing & Strategy Officer 1984
Mr. Alfred J. Ford Jr. Chief Commercial Officer 1971
Mr. Guangqiang Jiang Ph.D. Chief Technology Officer 1974
Mr. Neil Bhalodkar VP of Investor Relations NA
Mr. Aaron Pettit Gen. Counsel & Chief Compliance Officer NA
Mr. Michael V. Williamson Esq., J.D. Sr. VP, Gen. & IP Counsel 1972
Dr. Karen L. Noblett M.A.S., M.D. Chief Medical Officer 1964

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