Stock Analysis
- United States
- /
- Medical Equipment
- /
- NasdaqGS:APYX
Apyx Medical Full Year 2022 Earnings: EPS Misses Expectations
Apyx Medical (NASDAQ:APYX) Full Year 2022 Results
Key Financial Results
- Revenue: US$44.5m (down 8.3% from FY 2021).
- Net loss: US$23.2m (loss widened by 53% from FY 2021).
- US$0.67 loss per share (further deteriorated from US$0.44 loss in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Apyx Medical EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.3%.
Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Medical Equipment industry in the US.
Performance of the American Medical Equipment industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
You still need to take note of risks, for example - Apyx Medical has 3 warning signs (and 1 which is potentially serious) we think you should know about.
What are the risks and opportunities for Apyx Medical?
Apyx Medical Corporation, an energy technology company, develops, manufactures, and sells medical devices in the cosmetic and surgical markets worldwide.
Rewards
Revenue is forecast to grow 20.87% per year
Risks
Has less than 1 year of cash runway
Does not have a meaningful market cap ($96M)
Volatile share price over the past 3 months
Currently unprofitable and not forecast to become profitable over the next 3 years
Further research on
Apyx Medical
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About NasdaqGS:APYX
Apyx Medical
Apyx Medical Corporation, an energy technology company, develops, manufactures, and sells medical devices in the cosmetic and surgical markets worldwide.
Adequate balance sheet and slightly overvalued.
