Monogram Technologies (Nasdaq:MGRM) - Stock Price, News & Analysis

MGRM Stock Overview

Focuses on developing a product solution architecture to enable patient-optimized orthopaedic implants.

MGRM fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	2/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Revenue is forecast to grow 128.32% per year

Risk Analysis

Makes less than USD$1m in revenue ($365K)

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year

Does not have a meaningful market cap ($77M)

+ 1 more risk

Monogram Technologies Inc. Competitors

Eargo

NasdaqGS:EAR

US$53.4m

Cytosorbents

NasdaqCM:CTSO

US$70.8m

Milestone Scientific

NYSEAM:MLSS

US$76.5m

Daxor

NasdaqCM:DXR

US$44.5m

Price History & Performance

Summary of all time highs, changes and price drops for Monogram Technologies
Historical stock prices
Current Share Price	US$2.51
52 Week High	US$4.90
52 Week Low	US$1.53
Beta	0
11 Month Change	-10.99%
3 Month Change	16.74%
1 Year Change	-8.73%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-78.64%

Recent updates

Is Monogram Orthopaedics (NASDAQ:MGRM) In A Good Position To Invest In Growth?

Mar 21

Is Monogram Orthopaedics (NASDAQ:MGRM) In A Good Position To Deliver On Growth Plans?

Nov 17

Shareholder Returns

	MGRM	US Medical Equipment	US Market
7D	-11.6%	-0.4%	1.8%
1Y	-8.7%	21.1%	31.9%

Return vs Industry: MGRM underperformed the US Medical Equipment industry which returned 21.1% over the past year.

Return vs Market: MGRM underperformed the US Market which returned 31.9% over the past year.

Price Volatility

Is MGRM's price volatile compared to industry and market?
MGRM volatility
MGRM Average Weekly Movement	14.4%
Medical Equipment Industry Average Movement	8.6%
Market Average Movement	6.3%
10% most volatile stocks in US Market	14.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: MGRM's share price has been volatile over the past 3 months.

Volatility Over Time: MGRM's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
2015	28	Ben Sexson	www.monogramorthopedics.com

Monogram Technologies Inc. focuses on developing a product solution architecture to enable patient-optimized orthopaedic implants. The company intends to produce and market robotic surgical equipment and related software, orthopedic implants, tissue ablation tools, navigation consumables, and other miscellaneous instrumentation for use in reconstructive joint replacement procedures. Its robot prototype executes optimized paths for high-precision insertion of optimized implants in synthetic bone specimens.

Monogram Technologies Inc. Fundamentals Summary

How do Monogram Technologies's earnings and revenue compare to its market cap?
MGRM fundamental statistics
Market cap	US$77.35m
Earnings (TTM)	-US$11.69m
Revenue (TTM)	US$365.00k

218.0x

P/S Ratio

-6.8x

P/E Ratio

Is MGRM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGRM income statement (TTM)
Revenue	US$365.00k
Cost of Revenue	US$0
Gross Profit	US$365.00k
Other Expenses	US$12.06m
Earnings	-US$11.69m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.37
Gross Margin	100.00%
Net Profit Margin	-3,203.88%
Debt/Equity Ratio	0%

How did MGRM perform over the long term?

See historical performance and comparison