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Miromatrix Medical NasdaqCM:MIRO Stock Report

Last Price

US$3.39

Market Cap

US$93.0m

7D

1.2%

1Y

18.5%

Updated

14 Dec, 2023

Data

Company Financials +

Miromatrix Medical Inc.

NasdaqCM:MIRO Stock Report

Market Cap: US$93.0m

MIRO Stock Overview

Miromatrix Medical Inc., a life sciences company, develops a novel technology for bioengineering fully transplantable organs. More details

MIRO fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health3/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Miromatrix Medical Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Miromatrix Medical
Historical stock prices
Current Share PriceUS$3.39
52 Week HighUS$3.73
52 Week LowUS$0.91
Beta0.015
1 Month Change1.50%
3 Month Change149.26%
1 Year Change18.53%
3 Year Changen/a
5 Year Changen/a
Change since IPO-77.76%

Recent News & Updates

Miromatrix Medical (NASDAQ:MIRO) Will Have To Spend Its Cash Wisely

Oct 28
Miromatrix Medical (NASDAQ:MIRO) Will Have To Spend Its Cash Wisely

Recent updates

Miromatrix Medical (NASDAQ:MIRO) Will Have To Spend Its Cash Wisely

Oct 28
Miromatrix Medical (NASDAQ:MIRO) Will Have To Spend Its Cash Wisely

We're A Little Worried About Miromatrix Medical's (NASDAQ:MIRO) Cash Burn Rate

Jul 01
We're A Little Worried About Miromatrix Medical's (NASDAQ:MIRO) Cash Burn Rate

Here's Why We're A Bit Worried About Miromatrix Medical's (NASDAQ:MIRO) Cash Burn Situation

Mar 08
Here's Why We're A Bit Worried About Miromatrix Medical's (NASDAQ:MIRO) Cash Burn Situation

Here's Why We're Watching Miromatrix Medical's (NASDAQ:MIRO) Cash Burn Situation

Sep 30
Here's Why We're Watching Miromatrix Medical's (NASDAQ:MIRO) Cash Burn Situation

Miromatrix gets US patent for recellularizing technology for use in organ transplant

Aug 25

Miromatrix Medical GAAP EPS of -$0.40 misses by $0.07, revenue of $3.95M

Aug 15

Shareholder Returns

MIROUS Life SciencesUS Market
7D1.2%-2.1%-2.4%
1Y18.5%-5.5%23.4%

Return vs Industry: MIRO exceeded the US Life Sciences industry which returned -8.9% over the past year.

Return vs Market: MIRO exceeded the US Market which returned 17.1% over the past year.

Price Volatility

Is MIRO's price volatile compared to industry and market?
MIRO volatility
MIRO Average Weekly Movement61.8%
Life Sciences Industry Average Movement9.2%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: MIRO's weekly volatility has increased from 33% to 62% over the past year.

About the Company

FoundedEmployeesCEOWebsite
200976Jeff Rosswww.miromatrix.com

Miromatrix Medical Inc., a life sciences company, develops a novel technology for bioengineering fully transplantable organs. The company’s proprietary technology is a platform that uses a two-step method of decellularization and recellularization designed to remove the porcine cells from the organs obtained from pigs and replace them with unmodified human cells. It has collaborations with Baxter, CareDx, The Mayo Clinic, Mount Sinai Hospital, and The Texas Heart Institute.

Miromatrix Medical Inc. Fundamentals Summary

How do Miromatrix Medical's earnings and revenue compare to its market cap?
MIRO fundamental statistics
Market capUS$92.95m
Earnings (TTM)-US$27.41m
Revenue (TTM)US$958.03k

97.0x

P/S Ratio

-3.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIRO income statement (TTM)
RevenueUS$958.03k
Cost of RevenueUS$500.00k
Gross ProfitUS$458.03k
Other ExpensesUS$27.87m
Earnings-US$27.41m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-1.00
Gross Margin47.81%
Net Profit Margin-2,861.11%
Debt/Equity Ratio2.5%

How did MIRO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/12/14 20:57
End of Day Share Price 2023/12/12 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Miromatrix Medical Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexander NowakCraig-Hallum Capital Group LLC
Matthew O'BrienPiper Sandler Companies