OverviewSuggest Edit

iRadimed Corporation develops, manufactures, markets and distributes Magnetic Resonance Imaging compatible products, and provides non-magnetic intravenous infusion pump systems. The Company operates through development, manufacture and sale of MRI compatible products and IV infusion pump systems for use by hospitals and acute care facilities during MRI procedures segment. Its MRidium MRI compatible IV infusion pump system has been designed with a non-magnetic ultrasonic motor, non-ferrous part and other features in order to deliver anesthesia and other IV fluids during various MRI procedures. In addition, it offers optional upgrade systems.

TypePublic
Founded2004
HQWinter Springs, FL, US
Websiteiradimed.com

Locations

IRadimed is headquartered in
Winter Springs, United States

Location Map

Latest Updates

Employees (est.) (Dec 2019)114(+20%)
Revenue (FY, 2019)$38.5 M(+27%)
Share Price (Jan 2021)$23.8 (-2%)
Cybersecurity ratingBMore

Key People/Management at IRadimed

Roger Susi

Roger Susi

President and Chief Executive Officer
Chris Scott

Chris Scott

Chief Financial Officer and Secretary
Monty Allen

Monty Allen

Director
Lynn Neuhardt

Lynn Neuhardt

Vice President of Research and Development
Anthony Vuoto

Anthony Vuoto

Director
Marybeth Smith

Marybeth Smith

Vice President of SALES
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IRadimed Office Locations

IRadimed has an office in Winter Springs
Winter Springs, FL, US (HQ)
1025 Willa Springs Dr
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IRadimed Financials and Metrics

IRadimed Revenue

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View revenue for all periods
IRadimed's revenue was reported to be $38.52 m in FY, 2019
USD

Revenue (Q3, 2020)

7.7m

Gross profit (Q3, 2020)

5.7m

Gross profit margin (Q3, 2020), %

74.6%

Net income (Q3, 2020)

1.1m

EBIT (Q3, 2020)

784.8k

Market capitalization (15-Jan-2021)

291.6m

Closing stock price (15-Jan-2021)

23.8

Cash (30-Sept-2020)

47.5m

EV

246.9m
IRadimed's current market capitalization is $291.6 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

15.7m31.6m32.5m23.1m30.4m38.5m

Revenue growth, %

102%3%

Cost of goods sold

3.4m5.8m6.2m5.6m7.2m8.8m

Gross profit

12.2m25.8m26.3m17.5m23.2m29.7m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

4.7m3.8m7.0m7.6m8.2m9.0m9.9m7.7m5.2m5.5m5.7m7.1m7.4m7.6m8.4m9.2m10.0m8.7m6.8m7.7m

Cost of goods sold

869.7k959.6k1.3m1.4m1.6m1.7m1.7m1.4m1.4m1.2m1.3m1.7m1.7m1.8m2.0m1.9m2.2m2.2m1.9m2.0m

Gross profit

3.8m2.9m5.7m6.2m6.6m7.3m8.1m6.3m3.8m4.3m4.4m5.4m5.7m5.8m6.4m7.4m7.8m6.5m4.9m5.7m

Gross profit Margin, %

81%75%81%81%81%81%82%82%73%78%77%76%77%76%76%80%78%74%73%75%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

9.5m19.4m17.7m18.2m28.0m43.5m

Accounts Receivable

2.0m3.9m3.8m3.8m4.2m7.3m

Prepaid Expenses

648.9k526.8k407.8k

Inventories

276.5k318.0k362.9k4.2m4.1m3.6m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

2.1m7.5m7.2m499.8k6.3m9.6m

Depreciation and Amortization

149.1k223.9k248.3k1.3m1.1m1.2m

Inventories

(154.9k)(32.0k)4.9k(334.1k)(121.6k)123.7k

Accounts Payable

201.7k376.3k1.1k(523.4k)34.2k149.3k
USDQ2, 2014

Financial Leverage

1.4 x
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IRadimed Operating Metrics

FY, 2016

Patents Issued

14
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IRadimed Revenue Breakdown

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IRadimed revenue breakdown by business segment: 79.3% from Devices and 20.7% from Disposable IV Sets and Services

IRadimed Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

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IRadimed Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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IRadimed Online and Social Media Presence

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IRadimed Frequently Asked Questions

  • When was IRadimed founded?

    IRadimed was founded in 2004.

  • Who are IRadimed key executives?

    IRadimed's key executives are Roger Susi, Chris Scott and Monty Allen.

  • How many employees does IRadimed have?

    IRadimed has 114 employees.

  • What is IRadimed revenue?

    Latest IRadimed annual revenue is $38.5 m.

  • What is IRadimed revenue per employee?

    Latest IRadimed revenue per employee is $337.9 k.

  • Who are IRadimed competitors?

    Competitors of IRadimed include PerceptiMed, Air Medical Group and Oceans Healthcare.

  • Where is IRadimed headquarters?

    IRadimed headquarters is located at 1025 Willa Springs Dr, Winter Springs.

  • Where are IRadimed offices?

    IRadimed has an office in Winter Springs.

  • How many offices does IRadimed have?

    IRadimed has 1 office.