INMD - InMode Ltd.
NASDAQ
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Yokne'am,
Israel
Type: Equity
INMD price evolution
INMD
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $144.41 | $133.73 | $159.85 | $92.96 |
| Short term investments | $597.19 | $542.11 | $469.56 | $481.49 |
| Net receivables | $46.03 | $66.15 | $55.09 | $43.55 |
| Inventory | $45.09 | $39.99 | $38.57 | $40.81 |
| Total current assets | $845.33 | $777.91 | $719.21 | $654.93 |
| Long term investments | $0.7 | $0.6 | $0.6 | $0.6 |
| Property, plant & equipment | $12.08 | $8.84 | $8.06 | $7.74 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $17.96 | $15.62 | $14.88 | $14.68 |
| Total investments | $597.89 | $542.71 | $470.16 | $482.09 |
| Total assets | $863.29 | $793.53 | $734.08 | $669.61 |
| Current liabilities | ||||
| Accounts payable | $13.97 | $12.33 | $13.29 | $11.99 |
| Deferred revenue | $14.69 | $14.13 | $14.14 | $20.34 |
| Short long term debt | ||||
| Total current liabilities | $64.14 | $62.19 | $60.73 | $59.67 |
| Long term debt | $6.61 | $3.58 | $3.62 | $3.53 |
| Total noncurrent liabilities | $11.78 | $7.84 | $7.19 | $6.96 |
| Total debt | $6.61 | $3.58 | $3.62 | $3.53 |
| Total liabilities | $75.91 | $70.03 | $67.93 | $66.63 |
| Shareholders' equity | ||||
| Retained earnings | $693.43 | |||
| Other shareholder equity | -$1.68 | $723.5 | $666.16 | $602.98 |
| Total shareholder equity | $787.37 | $723.5 | $666.16 | $602.98 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $144.41 | $75.25 | $68.14 | $68.94 |
| Short term investments | $597.19 | $449.84 | $347.78 | $191.6 |
| Net receivables | $46.03 | $42.09 | $33.94 | $17.45 |
| Inventory | $45.09 | $39.9 | $21.03 | $14.98 |
| Total current assets | $845.33 | $629.37 | $470.11 | $289.59 |
| Long term investments | $0.7 | $0.6 | $0.6 | $0.6 |
| Property, plant & equipment | $12.08 | $7.37 | $5.72 | $2.13 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $17.96 | $15.04 | $8.43 | $6.17 |
| Total investments | $597.89 | $450.44 | $348.38 | $192.2 |
| Total assets | $863.29 | $644.41 | $478.54 | $295.76 |
| Current liabilities | ||||
| Accounts payable | $13.97 | $16.24 | $8.78 | $6.41 |
| Deferred revenue | $14.69 | $17.76 | $16.56 | $13.89 |
| Short long term debt | ||||
| Total current liabilities | $64.14 | $82.02 | $51.85 | $35.03 |
| Long term debt | $6.61 | $3.51 | $3.31 | $0.36 |
| Total noncurrent liabilities | $11.78 | $7.77 | $10.89 | $5.26 |
| Total debt | $6.61 | $3.51 | $3.31 | $0.36 |
| Total liabilities | $75.91 | $89.79 | $62.74 | $40.29 |
| Shareholders' equity | ||||
| Retained earnings | $693.43 | $495.51 | $333.99 | $169.02 |
| Other shareholder equity | -$1.68 | -$7.49 | -$1.32 | $0.36 |
| Total shareholder equity | $787.37 | $554.62 | $415.8 | $255.47 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $126.78 | $123.11 | $136.08 | $106.07 |
| Cost of revenue | $20.26 | $20.14 | $22.05 | $18.25 |
| Gross Profit | $106.52 | $102.98 | $114.03 | $87.82 |
| Operating activities | ||||
| Research & development | $3.47 | $3.27 | $3.57 | $3.1 |
| Selling, general & administrative | $51.8 | $53.3 | $53.45 | $43.72 |
| Total operating expenses | $55.27 | $56.57 | $57.02 | $46.82 |
| Operating income | $51.24 | $46.41 | $57.01 | $41 |
| Income from continuing operations | ||||
| EBIT | $60.16 | $51.36 | $61.45 | $44.29 |
| Income tax expense | $5 | $4.84 | $5.72 | $3.78 |
| Interest expense | ||||
| Net income | ||||
| Net income | $55.16 | $46.52 | $55.73 | $40.51 |
| Income (for common shares) | $55.16 | $46.52 | $55.73 | $40.51 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $492.05 | $454.27 | $357.56 | $206.11 |
| Cost of revenue | $80.71 | $73.48 | $53.59 | $30.85 |
| Gross Profit | $411.34 | $380.79 | $303.97 | $175.26 |
| Operating activities | ||||
| Research & development | $13.41 | $12.43 | $9.53 | $9.47 |
| Selling, general & administrative | $202.27 | $170.51 | $127.76 | $92.95 |
| Total operating expenses | $215.68 | $182.93 | $136.5 | $102.42 |
| Operating income | $195.66 | $197.85 | $167.48 | $72.84 |
| Income from continuing operations | ||||
| EBIT | $217.27 | $201.47 | $167.9 | $76.14 |
| Income tax expense | $19.35 | $39.95 | $2.93 | $1.11 |
| Interest expense | ||||
| Net income | ||||
| Net income | $197.92 | $161.52 | $164.97 | $75.03 |
| Income (for common shares) | $197.92 | $161.52 | $164.97 | $75.03 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $55.16 | $46.52 | $55.73 | $40.51 |
| Operating activities | ||||
| Depreciation | $0.12 | $0.13 | $0.18 | $0.19 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $6.32 | $6.56 | $6.5 | $4.21 |
| Total cash flows from operations | $61.17 | $41.44 | $53 | $21.11 |
| Investing activities | ||||
| Capital expenditures | -$0.02 | -$0.15 | -$0.19 | -$0.34 |
| Investments | -$51.57 | -$69.67 | $13.2 | -$27.21 |
| Total cash flows from investing | -$51.59 | -$69.82 | $13.01 | -$27.56 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | ||||
| Net borrowings | ||||
| Total cash flows from financing | $0.28 | $2.73 | $0.83 | $1.67 |
| Effect of exchange rate | $0.83 | -$0.47 | $0.06 | $0.19 |
| Change in cash and equivalents | $10.68 | -$26.12 | $66.89 | -$4.58 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $197.92 | $161.52 | $164.97 | $75.03 |
| Operating activities | ||||
| Depreciation | $0.62 | $0.68 | $0.52 | $0.42 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $23.6 | $24.45 | $11.96 | $12.85 |
| Total cash flows from operations | $176.83 | $181.58 | $174.88 | $79.22 |
| Investing activities | ||||
| Capital expenditures | -$0.7 | -$1.57 | -$0.94 | -$0.46 |
| Investments | -$135.36 | -$107.9 | -$159.17 | -$42.84 |
| Total cash flows from investing | -$136.06 | -$109.47 | -$160.11 | -$43.3 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$42.64 | -$35.37 | -$17.22 | |
| Net borrowings | ||||
| Total cash flows from financing | $5.5 | -$41.09 | -$15.02 | -$12.44 |
| Effect of exchange rate | $0.6 | -$1.61 | -$0.56 | $0.73 |
| Change in cash and equivalents | $46.87 | $29.4 | -$0.8 | $24.21 |
News
Fundamentals
| Market cap | $1.48B |
|---|---|
| Enterprise value | $1.34B |
| Shares outstanding | 83.98M |
| Revenue | $492.05M |
|---|---|
| EBITDA | $217.89M |
| EBIT | $217.27M |
| Net Income | $197.92M |
| Revenue Q/Q | -5.08% |
| Revenue Y/Y | 8.32% |
| P/E ratio | 7.48 |
|---|---|
| EV/Sales | 2.73 |
| EV/EBITDA | 6.16 |
| EV/EBIT | 6.18 |
| P/S ratio | 3.01 |
| P/B ratio | 1.88 |
| Book/Share | 9.40 |
| Cash/Share | 1.72 |
| EPS | $2.36 |
|---|---|
| ROA | 25.87% |
| ROE | 28.48% |
| Debt/Equity | 0.10 |
|---|---|
| Net debt/EBITDA | -0.31 |
| Current ratio | 13.18 |
| Quick ratio | 12.48 |