NYSE$NSPR

InspireMD Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported increased revenue driven by CGuard EPS and increased gross profit due to distributor settlement impact, with operating expenses rising due to FDA study and market expansion.

InspireMD reported a significant increase in revenue for Q4 2021, driven by strong growth in CGuard EPS sales. The company's gross profit improved compared to the previous year. Operating expenses also increased due to investments in a U.S. FDA study and market expansion.

  • Revenue increased by 773.8% to $1,380,000 compared to Q4 2020.
  • CGuard EPS revenue increased by 87.5% to $1,291,000 compared to Q4 2020.
  • Gross profit increased to $294,000 compared to a gross loss of $390,000 in Q4 2020.
  • Net loss totaled $4,097,000, or $0.53 per share, compared to a net loss of $3,853,000, or $1.52 per share, in Q4 2020.

Headline financials

Total Revenue

$1.38M

Previous: $158K+773.4%
EPS (adj)

-$0.53

Previous: -$1.50+64.7%
Capital Expenditures

$107K

No prior period
Free Cash Flow

-$3.01M

No prior period
Net Income

-$4.1M

Previous: -$3.85M-6.3%
Operating Income

-$4.23M

Previous: -$3.33M-27.0%
Gross Profit

$294K

Previous: -$390K+175.4%
Cash & Equivalents

$34M

Previous: $12.6M+168.9%
Total Assets

$39.7M

No prior period
Stock-Based Comp

$566K

No prior period

Revenue & EPS history

InspireMD · Revenue · Quarterly

$1.38M

Q4 2021+773.4%vs Q4 2020
Beat estimate in 4 of 15 quarters(27%)
ActualEstimate

Revenue by segment

InspireMD · $1.29M total across 1 segment · Q4 2021

  • CGuard EPS
    $1.29M+87.4%

Forward guidance

InspireMD anticipates growth of CGuard, pipeline development, and evidence demonstrating CGuard's superiority in clinical performance.

Tailwinds

  • Anticipating growth of CGuard
  • Continuing pipeline development
  • Advancing the growing body of evidence demonstrating CGuard’s superiority in clinical performance amongst all other stent options and surgery

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-3.7%

Avg return

Earnings day

-7.1%

Avg return

5 days after

-12.5%

Avg return

30 days after

32%

19 / 60 earnings

Positive

+15.4%

Q4 2014

Best reaction

-26.3%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.7%+0.0%
Q4 2025+0.0%-2.8%-24.6%
Q3 2025-7.0%-21.0%-16.2%
Q1 2025+0.0%-9.2%-3.8%
Q4 2024+0.7%+0.4%-8.2%
Q3 2024+2.0%+2.8%+25.6%
Q2 2024-3.4%-3.4%-7.4%
Q1 2024-4.2%-4.2%+8.3%
Q4 2023+0.4%-3.0%-12.9%
Q3 2023-6.0%-9.0%-26.1%
Q2 2023+0.0%+3.5%+11.9%
Q1 2023-4.3%-2.2%+11.4%
Q4 2022-1.7%-6.1%-9.6%
Q3 2022-13.9%-22.2%+5.6%
Q2 2022-6.3%-5.9%-15.1%
Q1 2022-3.9%+1.0%+1.9%
Q4 2021+4.6%-4.6%+19.8%
Q3 2021-1.4%-3.4%-14.9%
Q2 2021-2.5%-4.8%+7.8%
Q1 2021+0.6%-3.2%+23.6%
Q4 2020-11.4%-4.9%-20.5%
Q3 2020+2.9%+0.0%+0.0%
Q2 2020-2.1%-2.1%-27.7%
Q1 2020+13.5%+6.8%-24.3%
Q4 2019-22.0%-35.4%-18.3%
Q3 2019-26.3%-33.8%-31.6%
Q2 2019-19.9%-18.0%-11.4%
Q1 2019-19.4%-24.3%-14.4%
Q4 2018-10.0%-12.5%-46.6%
Q3 2018-4.2%-8.3%-20.8%
Q2 2018+4.8%+4.8%-9.5%
Q1 2018+7.3%-2.4%-7.3%
Q4 2017-1.0%-0.8%-41.2%
Q3 2017+0.0%+2.6%-64.1%
Q2 2017-6.3%-16.7%-33.3%
Q1 2017+0.0%-7.9%-12.7%
Q4 2016-9.0%-14.5%-59.0%
Q3 2016-4.1%+2.4%+22.9%
Q2 2016-10.5%-15.8%-31.6%
Q1 2016-14.3%
Q4 2015+2.0%
Q3 2015-15.8%
Q2 2015-25.0%
Q1 2015-11.5%
Q4 2014+15.4%
Q3 2014-3.3%
Q2 2014+2.1%
Q1 2014+1.8%
Q4 2013+2.0%
Q3 2013-3.1%
Q2 2013-0.9%
Q1 2013-6.0%
Q4 2012-8.6%
Q3 2012+1.4%
Q2 2012+2.1%
Q1 2012-16.8%
Q4 2011+9.7%
Q3 2011+0.0%
Q2 2011+0.0%
Q1 2011+7.7%
Q4 2010
Q3 2010
Q2 2010
Q1 2010

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