Miromatrix Medical Inc.

NasdaqCM:MIRO Stock Report

Market Cap: US$93.0m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Miromatrix Medical Future Growth

Future criteria checks 2/6

Miromatrix Medical is forecast to grow earnings and revenue by 13.5% and 77.7% per annum respectively while EPS is expected to grow by 26.2% per annum.

Key information

13.5%

Earnings growth rate

26.22%

EPS growth rate

Life Sciences earnings growth16.9%
Revenue growth rate77.7%
Future return on equityn/a
Analyst coverage

Low

Last updated30 Oct 2023

Recent future growth updates

Recent updates

Analysis Article Oct 28

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

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Jul 01

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

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Analysis Article Mar 08

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

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Analysis Article Sep 30

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

We can readily understand why investors are attracted to unprofitable companies. For example, although...
Seeking Alpha Aug 25

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

Miromatrix Medical (NASDAQ:MIRO) said it has received a new patent from the U.S. Patent and Trademark Office for its perfusion decellularization and recellularization technology. The patent number 11,414,644 titled 'Methods of Recellularizing a Tissue or Organ for Improved Transplantability' covers the revascularization of decellularized organs and tissues which include all types of organs including liver, lung, kidney, and heart. The new patent expands the company's patent portfolio covering the bioengineering of transplantable organs, Miromatrix said in an Aug. 25 press release.
Seeking Alpha Aug 15

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

Miromatrix Medical press release (NASDAQ:MIRO): Q2 GAAP EPS of -$0.40 misses by $0.07. Revenue of $3.95M.

Earnings and Revenue Growth Forecasts

NasdaqCM:MIRO - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20250-55N/AN/A2
12/31/20240-36N/AN/A2
12/31/20230-27N/AN/A2
9/30/20231-27-25-24N/A
6/30/20231-29-27-27N/A
3/31/20231-30-28-28N/A
12/31/20221-30-28-27N/A
9/30/20220-28-30-27N/A
6/30/20220-26-27-23N/A
3/31/20220-21-24-20N/A
12/31/20210-15-18-15N/A
9/30/20210-10-12-10N/A
6/30/20210-8-9-9N/A
3/31/20210-8-8-8N/A
12/31/20200-10-8-8N/A
12/31/20190-5-8-8N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MIRO is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: MIRO is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: MIRO is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: MIRO's revenue (77.7% per year) is forecast to grow faster than the US market (8.1% per year).

High Growth Revenue: MIRO's revenue (77.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MIRO's Return on Equity is forecast to be high in 3 years time


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/12/14 07:48
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.

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 Github.

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