AORT: Artivion Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Artivion Inc (AORT).
$1.20B Market Cap.
AORT Market Cap. (MRY)
AORT Shares Outstanding (MRY)
AORT Assets (MRY)
Total Assets
$789.10M
Total Liabilities
$512.90M
Total Investments
$0
AORT Income (MRY)
Revenue
$388.54M
Net Income
-$13.36M
Operating Expense
$209.91M
AORT Cash Flow (MRY)
CF Operations
$22.24M
CF Investing
-$28.19M
CF Financing
$2.20M
AORT Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Total Assets | $789,101,000 (-0.42%) | $792,397,000 (3.88%) | $762,798,000 (-3.81%) | $793,052,000 (0.46%) |
Assets Current | $290,080,000 (3.35%) | $280,668,000 (13.48%) | $247,334,000 (-0.15%) | $247,697,000 (5.59%) |
Assets Non-Current | $499,021,000 (-2.48%) | $511,729,000 (-0.72%) | $515,464,000 (-5.48%) | $545,355,000 (-1.71%) |
Goodwill & Intangible Assets | $397,341,000 (-5.30%) | $419,568,000 (-1.57%) | $426,278,000 (-5.59%) | $451,496,000 (-7.31%) |
Shareholders Equity | $276,200,000 (-1.98%) | $281,780,000 (-0.90%) | $284,329,000 (-5.45%) | $300,728,000 (-8.51%) |
Property Plant & Equipment Net | $76,129,000 (-7.36%) | $82,180,000 (2.05%) | $80,533,000 (-3.25%) | $83,235,000 (61.16%) |
Cash & Equivalents | $53,463,000 (-9.29%) | $58,940,000 (49.78%) | $39,351,000 (-28.47%) | $55,010,000 (-10.42%) |
Accumulated Other Comprehensive Income | -$24,927,000 (-107.55%) | -$12,010,000 (44.42%) | -$21,609,000 (-118.56%) | -$9,887,000 (-246.63%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $79,766,000 (-2.70%) | $81,976,000 (10.07%) | $74,478,000 (-3.24%) | $76,971,000 (5.38%) |
Trade & Non-Trade Receivables | $85,893,000 (15.86%) | $74,138,000 (6.54%) | $69,584,000 (19.76%) | $58,105,000 (19.18%) |
Trade & Non-Trade Payables | $17,971,000 (34.94%) | $13,318,000 (10.95%) | $12,004,000 (15.48%) | $10,395,000 (8.02%) |
Accumulated Retained Earnings (Deficit) | -$61,266,000 (-27.89%) | -$47,907,000 (-178.25%) | -$17,217,000 (-971.75%) | $1,975,000 (-90.14%) |
Tax Assets | $1,068,000 (-1.75%) | $1,087,000 (-17.28%) | $1,314,000 (-44.25%) | $2,357,000 (63.00%) |
Tax Liabilities | $23,117,000 (-10.02%) | $25,691,000 (-5.32%) | $27,134,000 (-16.34%) | $32,433,000 (-13.56%) |
Total Debt | $362,258,000 (1.09%) | $358,341,000 (0.42%) | $356,829,000 (-1.44%) | $362,043,000 (14.07%) |
Debt Current | $5,285,000 (-2.63%) | $5,428,000 (-0.02%) | $5,429,000 (2.30%) | $5,307,000 (-29.91%) |
Debt Non-Current | $356,973,000 (1.15%) | $352,913,000 (0.43%) | $351,400,000 (-1.50%) | $356,736,000 (15.15%) |
Total Liabilities | $512,901,000 (0.45%) | $510,617,000 (6.72%) | $478,469,000 (-2.81%) | $492,324,000 (6.87%) |
Liabilities Current | $66,823,000 (15.49%) | $57,862,000 (16.48%) | $49,675,000 (10.50%) | $44,953,000 (-25.66%) |
Liabilities Non-Current | $446,078,000 (-1.47%) | $452,755,000 (5.59%) | $428,794,000 (-4.15%) | $447,371,000 (11.78%) |
AORT Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Revenues | $388,537,000 (9.75%) | $354,004,000 (12.82%) | $313,789,000 (5.00%) | $298,836,000 (18.01%) |
Cost of Revenue | $139,756,000 (11.96%) | $124,828,000 (12.19%) | $111,266,000 (9.81%) | $101,322,000 (18.58%) |
Selling General & Administrative Expense | $181,455,000 (-13.17%) | $208,977,000 (32.73%) | $157,443,000 (-7.26%) | $169,774,000 (20.29%) |
Research & Development Expense | $28,452,000 (-0.89%) | $28,707,000 (-26.16%) | $38,879,000 (9.38%) | $35,546,000 (46.84%) |
Operating Expenses | $209,907,000 (-11.69%) | $237,684,000 (21.07%) | $196,322,000 (-4.38%) | $205,320,000 (24.18%) |
Interest Expense | $34,277,000 (35.49%) | $25,299,000 (38.82%) | $18,224,000 (7.92%) | $16,887,000 (1.13%) |
Income Tax Expense | $5,845,000 (-35.80%) | $9,104,000 (116.35%) | $4,208,000 (60014.29%) | $7,000 (101.42%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$13,359,000 (56.47%) | -$30,690,000 (-59.91%) | -$19,192,000 (-29.38%) | -$14,834,000 (11.08%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$13,359,000 (56.47%) | -$30,690,000 (-59.91%) | -$19,192,000 (-29.38%) | -$14,834,000 (11.08%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$13,359,000 (56.47%) | -$30,690,000 (-59.91%) | -$19,192,000 (-29.38%) | -$14,834,000 (11.08%) |
Weighted Average Shares | $41,676,000 (2.29%) | $40,743,000 (1.78%) | $40,032,000 (2.69%) | $38,983,000 (2.96%) |
Weighted Average Shares Diluted | $41,676,000 (2.29%) | $40,743,000 (1.78%) | $40,032,000 (2.69%) | $38,983,000 (2.96%) |
Earning Before Interest & Taxes (EBIT) | $26,763,000 (620.79%) | $3,713,000 (14.60%) | $3,240,000 (57.28%) | $2,060,000 (532.77%) |
Gross Profit | $248,781,000 (8.55%) | $229,176,000 (13.16%) | $202,523,000 (2.54%) | $197,514,000 (17.72%) |
Operating Income | $38,874,000 (556.91%) | -$8,508,000 (-237.20%) | $6,201,000 (179.44%) | -$7,806,000 (-419.79%) |
AORT Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Net Cash Flow from Investing | -$28,188,000 (-5515.14%) | -$502,000 (95.31%) | -$10,715,000 (-289.31%) | $5,660,000 (107.74%) |
Net Cash Flow from Financing | $2,203,000 (154.68%) | $865,000 (152.78%) | -$1,639,000 (86.59%) | -$12,223,000 (-113.06%) |
Net Cash Flow from Operations | $22,236,000 (18.12%) | $18,825,000 (465.32%) | -$5,153,000 (-99.34%) | -$2,585,000 (-120.90%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$5,477,000 (-127.96%) | $19,589,000 (225.10%) | -$15,659,000 (-125.37%) | -$6,948,000 (-125.12%) |
Net Cash Flow - Business Acquisitions and Disposals | -$17,000,000 (-240.00%) | -$5,000,000 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $14,250,000 (0%) | $0 (0%) | $19,000,000 (0%) |
Capital Expenditure | -$11,188,000 (-14.73%) | -$9,752,000 (8.99%) | -$10,715,000 (18.15%) | -$13,091,000 (-78.64%) |
Issuance (Repayment) of Debt Securities | -$2,902,000 (47.73%) | -$5,552,000 (-101.67%) | -$2,753,000 (48.10%) | -$5,304,000 (-105.83%) |
Issuance (Purchase) of Equity Shares | $5,728,000 (68.67%) | $3,396,000 (115.89%) | $1,573,000 (-14.60%) | $1,842,000 (321.51%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$1,728,000 (-530.92%) | $401,000 (-78.30%) | $1,848,000 (-16.00%) | $2,200,000 (142.43%) |
Share Based Compensation | $14,242,000 (-1.25%) | $14,422,000 (16.83%) | $12,344,000 (15.25%) | $10,711,000 (54.96%) |
Depreciation Amortization & Accretion | $29,120,000 (5.44%) | $27,617,000 (1.88%) | $27,108,000 (-13.94%) | $31,498,000 (13.07%) |
AORT Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Gross Margin | 64.00% (-1.08%) | 64.70% (0.31%) | 64.50% (-2.42%) | 66.10% (-0.30%) |
Profit Margin | -3.40% (60.92%) | -8.70% (-42.62%) | -6.10% (-22.00%) | -5.00% (24.24%) |
EBITDA Margin | 14.40% (61.80%) | 8.90% (-8.25%) | 9.70% (-13.39%) | 11.20% (3.70%) |
Return on Average Equity (ROAE) | -4.60% (58.18%) | -11.00% (-59.42%) | -6.90% (-40.82%) | -4.90% (9.26%) |
Return on Average Assets (ROAA) | -1.70% (57.50%) | -4.00% (-60.00%) | -2.50% (-38.89%) | -1.80% (21.74%) |
Return on Sales (ROS) | 6.90% (590.00%) | 1.00% (0.00%) | 1.00% (42.86%) | 0.70% (450.00%) |
Return on Invested Capital (ROIC) | 4.40% (633.33%) | 0.60% (20.00%) | 0.50% (25.00%) | 0.40% (500.00%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -89.34 (-274.77%) | -23.84 (5.58%) | -25.25 (52.85%) | -53.55 (0.20%) |
Price to Sales Ratio (P/S) | 3.07 (49.03%) | 2.06 (33.12%) | 1.55 (-41.77%) | 2.65 (-24.79%) |
Price to Book Ratio (P/B) | 4.34 (66.56%) | 2.6 (51.54%) | 1.72 (-35.40%) | 2.66 (-4.66%) |
Debt to Equity Ratio (D/E) | 1.86 (2.48%) | 1.81 (7.66%) | 1.68 (2.81%) | 1.64 (16.85%) |
Earnings Per Share (EPS) | -0.32 (57.33%) | -0.75 (-56.25%) | -0.48 (-26.32%) | -0.38 (13.64%) |
Sales Per Share (SPS) | 9.32 (7.30%) | 8.69 (10.86%) | 7.84 (2.24%) | 7.67 (14.62%) |
Free Cash Flow Per Share (FCFPS) | 0.27 (18.83%) | 0.22 (156.31%) | -0.4 (1.49%) | -0.4 (-402.26%) |
Book Value Per Share (BVPS) | 6.63 (-4.18%) | 6.92 (-2.63%) | 7.1 (-7.92%) | 7.71 (-11.15%) |
Tangible Assets Book Value Per Share (TABVPS) | 9.4 (2.72%) | 9.15 (8.86%) | 8.41 (-4.06%) | 8.76 (9.74%) |
Enterprise Value Over EBIT (EV/EBIT) | 56 (-80.00%) | 280 (12.45%) | 249 (-53.11%) | 531 (121.70%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 26.94 (-18.69%) | 33.13 (24.61%) | 26.59 (-18.44%) | 32.6 (-23.37%) |
Asset Turnover | 0.49 (7.68%) | 0.46 (10.95%) | 0.41 (10.48%) | 0.37 (5.98%) |
Current Ratio | 4.34 (-10.51%) | 4.85 (-2.57%) | 4.98 (-9.64%) | 5.51 (42.01%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $11,048,000 (21.77%) | $9,073,000 (157.18%) | -$15,868,000 (-1.22%) | -$15,676,000 (-410.97%) |
Enterprise Value (EV) | $1,505,431,827 (45.04%) | $1,037,971,111 (28.64%) | $806,883,310 (-26.24%) | $1,093,992,953 (-6.08%) |
Earnings Before Tax (EBT) | -$7,514,000 (65.19%) | -$21,586,000 (-44.06%) | -$14,984,000 (-1.06%) | -$14,827,000 (13.67%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $55,883,000 (78.37%) | $31,330,000 (3.24%) | $30,348,000 (-9.57%) | $33,558,000 (22.56%) |
Invested Capital | $633,732,000 (3.15%) | $614,368,000 (1.66%) | $604,323,000 (0.11%) | $603,636,000 (21.27%) |
Working Capital | $223,257,000 (0.20%) | $222,806,000 (12.72%) | $197,659,000 (-2.51%) | $202,744,000 (16.44%) |
Tangible Asset Value | $391,760,000 (5.08%) | $372,829,000 (10.79%) | $336,520,000 (-1.47%) | $341,556,000 (12.99%) |
Market Capitalization | $1,198,489,827 (63.29%) | $733,949,111 (50.16%) | $488,793,310 (-38.93%) | $800,356,953 (-12.76%) |
Average Equity | $292,745,000 (4.91%) | $279,045,000 (-0.20%) | $279,609,500 (-7.68%) | $302,858,750 (-1.32%) |
Average Assets | $791,447,750 (2.05%) | $775,529,500 (1.63%) | $763,062,250 (-5.12%) | $804,258,750 (11.47%) |
Invested Capital Average | $612,963,750 (0.47%) | $610,088,750 (0.80%) | $605,272,750 (3.32%) | $585,808,000 (21.36%) |
Shares | 41,919,896 (2.12%) | 41,048,608 (1.78%) | 40,329,481 (2.54%) | 39,329,580 (1.22%) |