MINERVA SURGICAL INC

EDGAR

12 filing records in this dataset, filed from 2021-09-27 to 2023-11-13. Reported financial figures are available; chart coverage varies by period.

Watchlist

Latest quarter

Revenue

12 million USD

2023 Q3 · USD

Exact inputs and evidence

Operating margin

-50.95%

2023 Q3 · %

Exact inputs and evidence
  • Operating Income: -6096000 USD Source
  • Revenue: 11965000 USD Source

Operating cash flow

-5.1 million USD

2023 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: -23089000 USD Source
  • Operating Cash Flow: -17994000 USD Source

Free cash flow

-5.11 million USD

2023 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: -23089000 USD Source
  • Operating Cash Flow: -17994000 USD Source
  • Capital Expenditure: 105000 USD Source
  • Capital Expenditure: 88000 USD Source
Cash and cash equivalents
11.1 million USD Source
Exact value

11125000 USD

Long-term debt including current maturities
Not available
Shares outstanding
8.88 million shares Source
Exact value

8878582 shares

Reported share-count change

-69.35% · -20.1 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 28968185 shares · 2022-09-30· Source
  • 8878582 shares · 2023-09-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

51.7 million USD

2022-10-01 – 2023-09-30

Exact inputs and evidence
  • Revenue: 50294000 USD · 2022-01-01 – 2022-12-31 Source
  • Revenue: 36490000 USD · 2022-01-01 – 2022-09-30 Source
  • Revenue: 12533000 USD · 2023-01-01 – 2023-03-31 Source
  • Revenue: 13391000 USD · 2023-04-01 – 2023-06-30 Source
  • Revenue: 11965000 USD · 2023-07-01 – 2023-09-30 Source

Net income

-33.5 million USD

2022-10-01 – 2023-09-30

Exact inputs and evidence
  • Net income: -34112000 USD · 2022-01-01 – 2022-12-31 Source
  • Net income: -27867000 USD · 2022-01-01 – 2022-09-30 Source
  • Net income: -11343000 USD · 2023-01-01 – 2023-03-31 Source
  • Net income: -8681000 USD · 2023-04-01 – 2023-06-30 Source
  • Net income: -7181000 USD · 2023-07-01 – 2023-09-30 Source

Operating cash flow

-38.7 million USD

2022-10-01 – 2023-09-30

Exact inputs and evidence
  • Operating cash flow: -35567000 USD · 2022-01-01 – 2022-12-31 Source
  • Operating cash flow: -19923000 USD · 2022-01-01 – 2022-09-30 Source
  • Operating cash flow: -8386000 USD · 2023-01-01 – 2023-03-31 Source
  • Operating cash flow: -17994000 USD · 2023-01-01 – 2023-06-30 Source
  • Operating cash flow: -8386000 USD · 2023-01-01 – 2023-03-31 Source
  • Operating cash flow: -23089000 USD · 2023-01-01 – 2023-09-30 Source
  • Operating cash flow: -17994000 USD · 2023-01-01 – 2023-06-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2023-11-13.

Financial data available through: 2022-12-31.

Coverage by financial measure
  • Revenue: 3 of 11 periods available· newest 2022-12-31
  • Operating income: 3 of 11 periods available· newest 2022-12-31
  • Net income: 3 of 11 periods available· newest 2022-12-31
  • Operating cash flow: 3 of 11 periods available· newest 2022-12-31
  • Capital expenditure: 3 of 11 periods available· newest 2022-12-31
  • Total assets: 3 of 11 periods available· newest 2022-12-31
  • Total liabilities: 3 of 11 periods available· newest 2022-12-31
  • Current assets: 3 of 11 periods available· newest 2022-12-31
  • Current liabilities: 3 of 11 periods available· newest 2022-12-31
  • Cash and cash equivalents: 3 of 11 periods available· newest 2022-12-31
  • long term debt: No compatible figures in this window
  • Shares outstanding: 3 of 11 periods available· newest 2022-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -3.5%

    Prior period

    USD 52.1 million

    –

    Current period

    USD 50.29 million

    –

    Exact inputs and evidence

    50294000 − 52103000 = -1809000 USD

    52103000 USD · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    50294000 USD · 2022-01-01 – 2022-12-31

    Inspect current input Current source
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  • Net income

    −USD 12.65 million

    Prior period

    −USD 21.46 million

    –

    Current period

    −USD 34.11 million

    –

    Exact inputs and evidence

    -34112000 − -21464000 = -12648000 USD

    -21464000 USD · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    -34112000 USD · 2022-01-01 – 2022-12-31

    Inspect current input Current source
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  • Operating cash flow

    −USD 13.19 million

    Prior period

    −USD 22.38 million

    –

    Current period

    −USD 35.57 million

    –

    Exact inputs and evidence

    -35567000 − -22379000 = -13188000 USD

    -22379000 USD · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    -35567000 USD · 2022-01-01 – 2022-12-31

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  • Capital expenditure

    -87.5%

    Prior period

    USD 584,000

    –

    Current period

    USD 73,000

    –

    Exact inputs and evidence

    73000 − 584000 = -511000 USD

    584000 USD · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    73000 USD · 2022-01-01 – 2022-12-31

    Inspect current input Current source
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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2022 2022-01-01 – 2022-12-31

  • Revenue USD 50.29 million 100% of revenue
  • Cost of revenue USD 23.05 million 46% of revenue
  • Operating expenses USD 58.14 million 116% of revenue
  • Operating income −USD 30.9 million −61% of revenue
  • Tax, interest and other Derived USD 3.21 million 6.4% of revenue
  • Net income −USD 34.11 million −68% of revenue

Cash

  • Operating cash flow −USD 35.57 million −71% of revenue
  • Capital expenditure USD 73,000 0.1% of revenue
  • Free cash flow Derived −USD 35.64 million −71% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2020 Operating loss: operating costs were 141% of revenue.
  • 2021 Operating loss: operating costs were 156% of revenue.
  • 2022 Operating loss: operating costs were 161% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2020 2020-01-01 – 2020-12-3137768000 53158000 Derived -15390000 2873000 Derived -18263000 -12694000 Derived
Source
2021 2021-01-01 – 2021-12-3152103000 81248000 Derived -29145000 -7681000 Derived -21464000 -22963000 Derived
Source
2022 2022-01-01 – 2022-12-3150294000 81193000 Derived -30899000 3213000 Derived -34112000 -35640000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 50.3M 2022
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.56.3M42.2M28.1M14.1M0.0202020212022
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2020Revenue37768000
2021Revenue52103000
2022Revenue50294000

Revenue growth

Change in revenue from the same financial period one year earlier.

-3.5% 2022
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.41%29%17%5%-7%202020212022
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2020Year over yearNo prior comparable period
2021Year over year38%
2022Year over year-3.5%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -61.4% 2022
Net margin -67.8% 2022
Free cash flow margin -70.9% 2022
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.6%-15%-35%-56%-77%202020212022
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2020Operating margin-40.7%
2021Operating margin-55.9%
2022Operating margin-61.4%
2020Net margin-48.4%
2021Net margin-41.2%
2022Net margin-67.8%
2020Free cash flow margin-33.6%
2021Free cash flow margin-44.1%
2022Free cash flow margin-70.9%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -35.6M 2022
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.8M-7.5M-17.8M-28.1M-38.4M202020212022
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2020Operating cash flow-12241000
2021Operating cash flow-22379000
2022Operating cash flow-35567000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -35.6M 2022
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.9M-7.5M-17.8M-28.2M-38.5M202020212022
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2020Free cash flow-12694000
2021Free cash flow-22963000
2022Free cash flow-35640000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

75.1% 2022
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.224%168%112%56%0%202020212022
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2020Liabilities / assets207.1%
2021Liabilities / assets61.7%
2022Liabilities / assets75.1%

Current assets to current liabilities

Current assets divided by current liabilities.

2.53× 2022
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.55×2.66×1.78×0.89×0.00×202020212022
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2020Current assets / current liabilities1.37×
2021Current assets / current liabilities3.29×
2022Current assets / current liabilities2.53×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2020 2020-01-01 – 2020-12-31
−USD 18.26 million
Exact value

Exact value: -18263000 USD

2020-01-01 – 2020-12-31: -18263000 USD Inspect Net Income Open source
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−USD 12.24 million
Exact value

Exact value: -12241000 USD

2020-01-01 – 2020-12-31: -12241000 USD Inspect Operating Cash Flow Open source
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USD 453,000
Exact value

Exact value: 453000 USD

2020-01-01 – 2020-12-31: 453000 USD Inspect Capital Expenditure Open source
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−USD 12.69 million
Calculation and evidence

-12241000 − 453000 USD

Exact free cash flow: -12694000 USD

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2021 2021-01-01 – 2021-12-31
−USD 21.46 million
Exact value

Exact value: -21464000 USD

2021-01-01 – 2021-12-31: -21464000 USD Inspect Net Income Open source
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−USD 22.38 million
Exact value

Exact value: -22379000 USD

2021-01-01 – 2021-12-31: -22379000 USD Inspect Operating Cash Flow Open source
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USD 584,000
Exact value

Exact value: 584000 USD

2021-01-01 – 2021-12-31: 584000 USD Inspect Capital Expenditure Open source
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−USD 22.96 million
Calculation and evidence

-22379000 − 584000 USD

Exact free cash flow: -22963000 USD

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2022 2022-01-01 – 2022-12-31
−USD 34.11 million
Exact value

Exact value: -34112000 USD

2022-01-01 – 2022-12-31: -34112000 USD Inspect Net Income Open source
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−USD 35.57 million
Exact value

Exact value: -35567000 USD

2022-01-01 – 2022-12-31: -35567000 USD Inspect Operating Cash Flow Open source
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USD 73,000
Exact value

Exact value: 73000 USD

2022-01-01 – 2022-12-31: 73000 USD Inspect Capital Expenditure Open source
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−USD 35.64 million
Calculation and evidence

-35567000 − 73000 USD

Exact free cash flow: -35640000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

12 filings · 911 latest values · 911 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001452965, 1452965, UTRS, edgar:1452965

Also known as MINERVA SURGICAL INC, MINERVA SURGICAL, INC.