OverviewSuggest Edit

Nexstim is a company focusing on therapies and diagnostics for brain diseases and disorders. It develops SmartFocus TMS technology, a non-invasive brain stimulation system for the treatment of major depressive disorder.
TypePublic
Founded2000
HQHelsingfors, FI
Websitenexstim.com

Latest Updates

Employees (est.) (Apr 2022)35(+3%)
Revenue (FY, 2020)€4.1 M(+23%)
Share Price (May 2022)€5
Cybersecurity ratingBMore
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Key People/Management at Nexstim

Mikko Karvinen

Mikko Karvinen

CEO
Steve Beller

Steve Beller

Vice President and General Manager, North America
Henri Hannula

Henri Hannula

Vice President, International Sales and Marketing
Joonas Juokslahti

Joonas Juokslahti

CFO
Gustaf Järnefelt

Gustaf Järnefelt

Vice President, R&D
Hanna Kotola

Hanna Kotola

Vice President, Legal Affairs
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Nexstim Office Locations

Nexstim has offices in Helsingfors, Madison and Frankfurt am Main
Helsingfors, FI (HQ)
Elimägatan 9b
Frankfurt am Main, DE
Lyoner Str. 14
Madison, WI, US
2921 Landmark Pl #300
Show all (4)

Nexstim Financials and Metrics

Nexstim Revenue

Nexstim's revenue was reported to be €4.11 m in FY, 2020
EUR

Revenue (H1, 2021)

3.0m

Gross profit (H1, 2021)

2.4m

Net income (H1, 2021)

(946.0k)

EBITDA (H1, 2021)

(731.0k)

EBIT (H1, 2021)

(903.0k)

Market capitalization (12-May-2022)

33.2m

Closing stock price (12-May-2022)

5.0

Cash (30-Jun-2021)

6.7m

EV

30.9m
Nexstim's current market capitalization is €33.2 m.
Annual
EURFY, 2018FY, 2019FY, 2020

Revenue

2.7m3.3m4.1m

Cost of goods sold

(710.0k)(1.0m)(975.0k)

Gross profit

2.0m2.3m3.2m

R&D expense

(572.0k)(560.0k)(368.0k)
Half Year
EURH1, 2019H1, 2020H1, 2021

Revenue

1.2m1.6m3.0m

Cost of goods sold

(352.0k)(342.0k)(567.0k)

Gross profit

872.0k1.3m2.4m
Annual
EURFY, 2018FY, 2019FY, 2020

Cash

7.2m4.3m3.5m

Accounts Receivable

889.0k1.2m962.0k

Prepaid Expenses

308.0k257.0k250.0k

Inventories

258.0k485.0k446.0k
Half Year
EURH1, 2019H1, 2020H1, 2021

Cash

6.4m4.8m6.7m

Accounts Receivable

610.0k686.0k1.7m

Prepaid Expenses

310.0k135.0k390.0k

Inventories

227.0k592.0k595.0k
Annual
EURFY, 2018FY, 2019FY, 2020

Net Income

(6.2m)(6.8m)(4.1m)

Depreciation and Amortization

424.0k525.0k367.0k

Inventories

128.0k(226.0k)39.0k

Accounts Payable

(110.0k)429.0k538.0k
Half Year
EURH1, 2019H1, 2020H1, 2021

Net Income

(3.7m)(1.2m)(946.0k)

Depreciation and Amortization

206.0k189.0k173.0k

Inventories

32.0k(107.0k)(149.0k)

Accounts Payable

(349.0k)(172.0k)(148.0k)
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Nexstim Revenue Breakdown

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Nexstim revenue breakdown by business segment: 42.5% from NBS SYSTEMS and 57.5% from OTHER

Nexstim Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Nexstim Online and Social Media Presence

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Nexstim News and Updates

Nexstim Plc Business and Clinical Update Q1 2022

Press release, Helsinki, 27 April 2022 at 9:30 AM (EEST)

Nexstim Plc: Managers’ Transactions, Hildén

Company Announcement, Helsinki, 14 April 2022 at 3:00 PM (EEST)

Nexstim Plc: Managers’ Transactions, Weckroth

Company Announcement, Helsinki, 14 April 2022 at 2:50 PM (EEST)

Nexstim Plc: Managers’ Transactions, Forss

Company Announcement, Helsinki, 14 April 2022 at 2:40 PM (EEST)

Nexstim Plc: Managers’ Transactions, Niemistö

Company Announcement, Helsinki, 14 April 2022 at 2:30 PM (EEST)

Nexstim Receives an NBS 5+ System Order from a US Customer

Press release, Helsinki, 6 April 2022 at 9 AM (EEST)
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Nexstim Frequently Asked Questions

  • When was Nexstim founded?

    Nexstim was founded in 2000.

  • Who are Nexstim key executives?

    Nexstim's key executives are Mikko Karvinen, Steve Beller and Henri Hannula.

  • How many employees does Nexstim have?

    Nexstim has 35 employees.

  • What is Nexstim revenue?

    Latest Nexstim annual revenue is €4.1 m.

  • What is Nexstim revenue per employee?

    Latest Nexstim revenue per employee is €117.5 k.

  • Who are Nexstim competitors?

    Competitors of Nexstim include ATAI Life Sciences, Terapify and The Difference.

  • Where is Nexstim headquarters?

    Nexstim headquarters is located at Elimägatan 9b, Helsingfors.

  • Where are Nexstim offices?

    Nexstim has offices in Helsingfors, Madison and Frankfurt am Main.

  • How many offices does Nexstim have?

    Nexstim has 4 offices.