Avinger, Inc. Logo

Avinger, Inc.

AVGR

(2.2)
Stock Price

0,48 USD

-97.96% ROA

-5425.36% ROE

-0.09x PER

Market Cap.

2.105.570,00 USD

74.23% DER

0% Yield

-256.25% NPM

Avinger, Inc. Stock Analysis

Avinger, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Avinger, Inc. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (1132.17%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 PBV

With a remarkably low PBV ratio (-1.67x), the stock offers substantial upside potential at a bargain price.

3 DER

The stock has a low debt to equity ratio (-1121%), which means it has a small amount of debt compared to the ownership it holds

4 Revenue Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

5 Net Profit Growth

Over the last three years, this company has consistently achieved net profit growth, indicating a favorable financial performance and making it an attractive investment option.

6 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

7 ROA

The stock's ROA (-83.91%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

8 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

9 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

10 Dividend

The company's lack of dividends in the past three years may concern investors seeking regular income.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (-1) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Avinger, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Avinger, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Avinger, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Avinger, Inc. Revenue
Year Revenue Growth
2012 8.560.000
2013 12.964.000 33.97%
2014 11.213.000 -15.62%
2015 10.713.000 -4.67%
2016 19.214.000 44.24%
2017 9.934.000 -93.42%
2018 7.915.000 -25.51%
2019 9.131.000 13.32%
2020 8.761.000 -4.22%
2021 10.130.000 13.51%
2022 8.273.000 -22.45%
2023 7.268.000 -13.83%
2023 7.652.000 5.02%
2024 7.388.000 -3.57%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Avinger, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2012 15.416.000
2013 15.973.000 3.49%
2014 11.224.000 -42.31%
2015 15.694.000 28.48%
2016 15.536.000 -1.02%
2017 11.319.000 -37.26%
2018 6.009.000 -88.37%
2019 5.692.000 -5.57%
2020 5.695.000 0.05%
2021 5.900.000 3.47%
2022 4.390.000 -34.4%
2023 4.176.000 -5.12%
2023 4.540.000 8.02%
2024 3.616.000 -25.55%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Avinger, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2012 22.848.000
2013 25.758.000 11.3%
2014 18.503.000 -39.21%
2015 29.231.000 36.7%
2016 39.950.000 26.83%
2017 25.120.000 -59.04%
2018 17.442.000 -44.02%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Avinger, Inc. EBITDA
Year EBITDA Growth
2012 -33.058.000
2013 -35.460.000 6.77%
2014 -25.025.000 -41.7%
2015 -40.650.000 38.44%
2016 -50.592.000 19.65%
2017 -39.399.000 -28.41%
2018 -22.080.000 -78.44%
2019 -19.359.000 -14.06%
2020 -17.348.000 -11.59%
2021 -15.764.000 -10.05%
2022 -15.958.000 1.22%
2023 -16.132.000 1.08%
2023 -15.246.000 -5.81%
2024 -15.024.000 -1.48%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Avinger, Inc. Gross Profit
Year Gross Profit Growth
2012 4.409.000
2013 4.759.000 7.35%
2014 4.700.000 -1.26%
2015 4.235.000 -10.98%
2016 4.769.000 11.2%
2017 -3.068.000 255.44%
2018 1.384.000 321.68%
2019 2.867.000 51.73%
2020 2.618.000 -9.51%
2021 3.424.000 23.54%
2022 2.654.000 -29.01%
2023 1.552.000 -71.01%
2023 2.003.000 22.52%
2024 1.512.000 -32.47%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Avinger, Inc. Net Profit
Year Net Profit Growth
2012 -33.864.000
2013 -39.901.000 15.13%
2014 -31.964.000 -24.83%
2015 -47.344.000 32.49%
2016 -56.128.000 15.65%
2017 -48.732.000 -15.18%
2018 -27.558.000 -76.83%
2019 -19.752.000 -39.52%
2020 -19.823.000 0.36%
2021 -20.710.000 4.28%
2022 -17.427.000 -18.84%
2023 -8.160.000 -113.57%
2023 -18.320.000 55.46%
2024 -17.448.000 -5%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Avinger, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2012 -412.976
2013 -486.598 15.13%
2014 -389.805 -24.83%
2015 -450.895 13.55%
2016 -283.475 -59.06%
2017 -175.928 -61.13%
2018 -7.737 -2174.13%
2019 -819 -845.72%
2020 -121 -581.67%
2021 -66 -84.62%
2022 -42 -58.54%
2023 -12 -272.73%
2023 -23 52.17%
2024 -11 -130%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Avinger, Inc. Free Cashflow
Year Free Cashflow Growth
2012 -35.522.000
2013 -41.151.000 13.68%
2014 -21.918.000 -87.75%
2015 -41.460.000 47.13%
2016 -54.040.000 23.28%
2017 -34.521.000 -56.54%
2018 -18.498.000 -86.62%
2019 -17.352.000 -6.6%
2020 -14.835.000 -16.97%
2021 -15.731.000 5.7%
2022 -16.811.000 6.42%
2023 -3.538.000 -375.16%
2023 -14.440.000 75.5%
2024 -3.568.000 -304.71%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Avinger, Inc. Operating Cashflow
Year Operating Cashflow Growth
2012 -35.234.000
2013 -40.655.000 13.33%
2014 -21.801.000 -86.48%
2015 -40.883.000 46.67%
2016 -53.069.000 22.96%
2017 -34.476.000 -53.93%
2018 -18.466.000 -86.7%
2019 -17.264.000 -6.96%
2020 -14.835.000 -16.37%
2021 -15.697.000 5.49%
2022 -16.760.000 6.34%
2023 -3.530.000 -374.79%
2023 -14.432.000 75.54%
2024 -3.568.000 -304.48%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Avinger, Inc. Capital Expenditure
Year Capital Expenditure Growth
2012 288.000
2013 496.000 41.94%
2014 117.000 -323.93%
2015 577.000 79.72%
2016 971.000 40.58%
2017 45.000 -2057.78%
2018 32.000 -40.63%
2019 88.000 63.64%
2020 0 0%
2021 34.000 100%
2022 51.000 33.33%
2023 8.000 -537.5%
2023 8.000 0%
2024 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Avinger, Inc. Equity
Year Equity Growth
2012 -73.644.000
2013 -112.782.000 34.7%
2014 -143.868.000 21.61%
2015 15.589.000 1022.88%
2016 4.241.000 -267.58%
2017 -35.690.000 111.88%
2018 9.460.000 477.27%
2019 6.895.000 -37.2%
2020 13.076.000 47.27%
2021 9.723.000 -34.49%
2022 4.146.000 -134.52%
2023 -6.202.000 166.85%
2023 -1.354.000 -358.05%
2024 7.753.000 117.46%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Avinger, Inc. Assets
Year Assets Growth
2012 30.324.000
2013 25.008.000 -21.26%
2014 24.780.000 -0.92%
2015 54.104.000 54.2%
2016 53.557.000 -1.02%
2017 15.088.000 -254.96%
2018 23.699.000 36.33%
2019 23.825.000 0.53%
2020 33.195.000 28.23%
2021 29.485.000 -12.58%
2022 24.195.000 -21.86%
2023 13.770.000 -75.71%
2023 17.844.000 22.83%
2024 17.295.000 -3.17%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Avinger, Inc. Liabilities
Year Liabilities Growth
2012 103.968.000
2013 137.790.000 24.55%
2014 168.648.000 18.3%
2015 38.515.000 -337.88%
2016 49.316.000 21.9%
2017 50.778.000 2.88%
2018 14.239.000 -256.61%
2019 16.930.000 15.89%
2020 20.119.000 15.85%
2021 19.762.000 -1.81%
2022 20.049.000 1.43%
2023 19.972.000 -0.39%
2023 19.198.000 -4.03%
2024 9.542.000 -101.19%

Avinger, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
4.55
Net Income per Share
-10.37
Price to Earning Ratio
-0.09x
Price To Sales Ratio
0.28x
POCF Ratio
-0.1
PFCF Ratio
-0.14
Price to Book Ratio
0.19
EV to Sales
-0.13
EV Over EBITDA
0.06
EV to Operating CashFlow
0.06
EV to FreeCashFlow
0.06
Earnings Yield
-11.31
FreeCashFlow Yield
-7.23
Market Cap
0,00 Bil.
Enterprise Value
0,00 Bil.
Graham Number
33.27
Graham NetNet
1.24

Income Statement Metrics

Net Income per Share
-10.37
Income Quality
0.79
ROE
17.57
Return On Assets
-1.37
Return On Capital Employed
-4.27
Net Income per EBT
1
EBT Per Ebit
1.06
Ebit per Revenue
-2.41
Effective Tax Rate
0.12

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0.56
Stock Based Compensation to Revenue
0.24
Gross Profit Margin
0.21
Operating Profit Margin
-2.41
Pretax Profit Margin
-2.56
Net Profit Margin
-2.56

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
-0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-9.32
Free CashFlow per Share
-9.32
Capex to Operating CashFlow
-0
Capex to Revenue
0
Capex to Depreciation
0.01
Return on Invested Capital
-1.32
Return on Tangible Assets
-0.98
Days Sales Outstanding
45.74
Days Payables Outstanding
44.5
Days of Inventory on Hand
252.91
Receivables Turnover
7.98
Payables Turnover
8.2
Inventory Turnover
1.44
Capex per Share
0

Balance Sheet

Cash per Share
5,39
Book Value per Share
4,74
Tangible Book Value per Share
4.74
Shareholders Equity per Share
4.74
Interest Debt per Share
3.62
Debt to Equity
0.74
Debt to Assets
0.33
Net Debt to EBITDA
0.18
Current Ratio
1.66
Tangible Asset Value
0,01 Bil.
Net Current Asset Value
0,01 Bil.
Invested Capital
8064000
Working Capital
0,01 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
4341000
Debt to Market Cap
2.73

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Avinger, Inc. Dividends
Year Dividends Growth

Avinger, Inc. Profile

About Avinger, Inc.

Avinger, Inc., a commercial-stage medical device company, designs, manufactures, and sells a suite of image-guided and catheter-based systems used by physicians to treat patients with peripheral arterial disease (PAD) in the United States and internationally. It develops lumivascular platform that integrates optical coherence tomography visualization with interventional catheters to provide real-time intravascular imaging during the treatment portion of PAD procedures. The company's lumivascular products comprise Lightbox imaging consoles, as well as the Ocelot family of catheters, which are designed to allow physicians to penetrate a total blockage in an artery; and Pantheris, an image-guided atherectomy device that allows physicians to precisely remove arterial plaque in PAD patients. In addition, its first-generation chronic total occlusion (CTO)-crossing catheters, Wildcat and Kittycat 2, which employs a proprietary design that uses a rotational spinning technique allowing the physician to switch between passive and active modes when navigating across a CTO. Further, the company develops IMAGE-BTK for the treatment of PAD lesions below-the-knee. It markets and sells its products to interventional cardiologists, vascular surgeons, and interventional radiologists. Avinger, Inc. was incorporated in 2007 and is headquartered in Redwood City, California.

CEO
Mr. Himanshu N. Patel
Employee
71
Address
400 Chesapeake Drive
Redwood City, 94063

Avinger, Inc. Executives & BODs

Avinger, Inc. Executives & BODs
# Name Age
1 Mr. Philip R. Preuss
Chief Commercial Officer
70
2 Dr. Jaafer Golzar FACC, M.D.
Chief Medical Officer
70
3 Mr. Himanshu N. Patel
Chief Technology Officer
70
4 Mr. Keith Schaefer
Chief Operating Officer
70

Avinger, Inc. Competitors