Loading...
•
Dec 31, 2024
Artivion Q4 2024 Earnings Report
Estimated Revenue:$98.8M
+12.9% YoY
Estimated EPS:$0.0393
+129.5% YoY
Key Takeaways
Artivion reported a 4% increase in revenue on a GAAP basis for Q4 2024, reaching $97.3 million, and a 10% increase for the full year 2024, reaching $388.5 million. The company achieved positive free cash flow and significant growth in adjusted EBITDA, while also making strides in clinical and regulatory initiatives, including receiving Humanitarian Device Exemption for AMDS.
Fourth quarter 2024 revenue increased by 4% on a GAAP basis to $97.3 million compared to $93.7 million in Q4 2023.
Full year 2024 revenue increased by 10% on a GAAP basis to $388.5 million compared to $354.0 million in 2023.
Adjusted EBITDA increased by 15% to $17.6 million in Q4 2024 and by 32% to $71.3 million for the full year 2024.
Net loss for Q4 2024 was $(16.5) million, or $(0.39) per fully diluted share, while non-GAAP net income was $0.2 million, or $0.00 per fully diluted share.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Artivion expects revenues for the full year 2025 to be in the range of $420 million to $435 million, representing growth of 10% to 14% on a constant currency basis compared to 2024. Adjusted EBITDA growth is expected to be between 18% and 28% for the full year 2025 compared to 2024, resulting in an expected range of $84 million to $91 million for 2025.
Positive Outlook
- Expected revenue growth of 10% to 14% on a constant currency basis for full year 2025.
- Anticipated adjusted EBITDA growth of 18% to 28% for full year 2025.
- Continued confidence in executing on best-in-class pipeline.
- Driving sustained double-digit revenue growth.
- Adjusted EBITDA growth at twice the pace of constant currency revenue growth.
Challenges Ahead
- Expected negative currency impact of approximately 2% on year-over-year reported revenue growth rates in 2025.
- The company's financial performance for 2025 and future periods is subject to identified risks.
- Unpredictability of the timing and outcome of regulatory decisions.
Loading...
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...