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Adagio Medical Holdings, Inc. (ADGM) 10-Year Financial Performance & Capital Metrics

ADGM • • Industrial / General
HealthcareMedical DevicesCardiovascular DevicesCardiac Ablation & Electrophysiology
AboutAdagio Medical Holdings, Inc., a developmental stage medical device company, focuses on the development and commercialization of ablation technologies for the treatment of cardiac arrhythmias. It offers treatment for cardiac arrhythmias, including atrial fibrillation, atrial flutter, and ventricular tachycardia. The company's product portfolio includes iCLAS atrial ultra-low temperature cryoablation (ULTC) catheter and accessories; vCLAS ventricular ULTC catheter; and Cryopulse atrial pulsed-field cryoablation catheter and accessories. Adagio Medical Holdings, Inc. was founded in 2011 and is headquartered in Laguna Hills, California.Show more
  • Revenue $269K -10.3%
  • EBITDA -$70M -155.7%
  • Net Income -$54M -40.9%
  • EPS (Diluted) -3.54 +27.2%
  • Gross Margin -620.07% -84.9%
  • EBITDA Margin -26056.51% -185.2%
  • Operating Margin -23226.77% -149.4%
  • Net Margin -19986.25% -57.2%
  • ROE -270%
  • ROIC -
  • Debt/Equity 0.82
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Trading at only 0.7x book value

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 16 (bottom 16%)
  • ✗Shares diluted 93.5% in last year
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-0.12%
TTM-126.34%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-170.98%

EPS CAGR

10Y-
5Y-
3Y-
TTM-598.12%

ROCE

10Y Avg-12616.86%
5Y Avg-12616.86%
3Y Avg-18870.54%
Latest-37413.17%

Peer Comparison

Cardiac Ablation & Electrophysiology
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Valuation
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Growth
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Momentum & Returns
Total Return (DRIP)
Technical
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
BSXBoston Scientific Corporation139.56B94.1475.3117.61%13.53%11.04%1.9%0.51
MDTMedtronic plc123.61B96.4226.713.62%13.71%9.75%4.19%0.59
ITGRInteger Holdings Corporation2.9B82.7424.3410.35%4.75%4.98%3.44%0.68
ADGMAdagio Medical Holdings, Inc.18.68M0.88-0.25-10.33%-199.86%-270%0.82
VTAKCatheter Precision, Inc.3.42M2.05-0.31-4.98%-23.81%-269.53%0.15

Profit & Loss

Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+270K189K300K269K
Revenue Growth %--0.3%0.59%-0.1%
Cost of Goods Sold+1.16M875K1.31M1.94M
COGS % of Revenue4.29%4.63%4.35%7.2%
Gross Profit+-888K-686K-1.01M-1.67M
Gross Margin %-3.29%-3.63%-3.35%-6.2%
Gross Profit Growth %-0.23%-0.47%-0.66%
Operating Expenses+19.76M23.23M26.94M60.81M
OpEx % of Revenue73.17%122.89%89.79%226.07%
Selling, General & Admin4.4M5.37M11.54M6.98M
SG&A % of Revenue16.3%28.42%38.46%25.93%
Research & Development15.36M17.86M15.4M4.63M
R&D % of Revenue56.87%94.47%51.33%17.23%
Other Operating Expenses00049.2M
Operating Income+-20.64M-23.91M-27.94M-62.48M
Operating Margin %-76.46%-126.52%-93.14%-232.27%
Operating Income Growth %--0.16%-0.17%-1.24%
EBITDA+-20.31M-23.42M-27.41M-70.09M
EBITDA Margin %-75.22%-123.9%-91.37%-260.57%
EBITDA Growth %--0.15%-0.17%-1.56%
D&A (Non-Cash Add-back)336K495K532K-7.61M
EBIT-19.94M-23.54M-27.94M-54.87M
Net Interest Income+3K-98K-1.66M1.52M
Interest Income3K39K3K423K
Interest Expense0137K1.66M-1.1M
Other Income/Expense707K240K-10.2M8.72M
Pretax Income+-19.94M-23.67M-38.15M-53.76M
Pretax Margin %-73.84%-125.25%-127.15%-199.86%
Income Tax+0000
Effective Tax Rate %1%1%1%1%
Net Income+-19.94M-23.67M-38.15M-53.76M
Net Margin %-73.84%-125.25%-127.15%-199.86%
Net Income Growth %--0.19%-0.61%-0.41%
Net Income (Continuing)-19.94M-23.67M-38.15M-53.76M
Discontinued Operations0000
Minority Interest0000
EPS (Diluted)+-0.340.06-4.86-3.54
EPS Growth %-1.16%-88.41%0.27%
EPS (Basic)-0.340.06-4.86-3.54
Diluted Shares Outstanding19.19M19.19M7.86M15.2M
Basic Shares Outstanding19.19M19.19M7.86M15.2M
Dividend Payout Ratio----

Balance Sheet

Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+19.72M6.73M5.18M25.35M
Cash & Short-Term Investments18.85M5.55M1.38M20.59M
Cash Only18.85M5.55M1.38M20.59M
Short-Term Investments0000
Accounts Receivable33K071K35K
Days Sales Outstanding44.61-86.3847.49
Inventory334K367K3.32M2.57M
Days Inventory Outstanding105.28153.09928.43483.53
Other Current Assets241K527K177K222K
Total Non-Current Assets+1.72M1.97M1.64M23.1M
Property, Plant & Equipment1.7M1.94M1.62M2.15M
Fixed Asset Turnover0.16x0.10x0.19x0.13x
Goodwill00013.97M
Intangible Assets0006.97M
Long-Term Investments0000
Other Non-Current Assets22K26K23K14K
Total Assets+21.44M8.7M6.83M48.45M
Asset Turnover0.01x0.02x0.04x0.01x
Asset Growth %--0.59%-0.22%6.1%
Total Current Liabilities+2.59M12.97M47.18M7.76M
Accounts Payable578K1.01M3.83M2.84M
Days Payables Outstanding182.18421.731.07K535.16
Short-Term Debt09.5M38.13M143K
Deferred Revenue (Current)0000
Other Current Liabilities843K01.64M2.16M
Current Ratio7.62x0.52x0.11x3.27x
Quick Ratio7.49x0.49x0.04x2.93x
Cash Conversion Cycle-32.3--55.59-4.14
Total Non-Current Liabilities+91.47M91.61M91.67M20.77M
Long-Term Debt00143K16.08M
Capital Lease Obligations0134K52K46K
Deferred Tax Liabilities000883K
Other Non-Current Liabilities91.47M91.47M91.48M3.77M
Total Liabilities94.06M104.57M138.85M28.54M
Total Debt+09.8M38.4M16.27M
Net Debt-18.85M4.25M37.02M-4.32M
Debt / Equity---0.82x
Debt / EBITDA----
Net Debt / EBITDA----
Interest Coverage--174.55x-16.84x-
Total Equity+-72.62M-95.88M-132.02M19.91M
Equity Growth %--0.32%-0.38%1.15%
Book Value per Share-3.78-5.00-16.811.31
Total Shareholders' Equity-72.62M-95.88M-132.02M19.91M
Common Stock1K1K1K2K
Retained Earnings-73.39M-97.06M-133.65M-70.59M
Treasury Stock0000
Accumulated OCI4K28K17K1K
Minority Interest0000

Cash Flow

Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-19.31M-22.41M-25.65M-29.46M
Operating CF Margin %-71.51%-118.58%-85.51%-109.51%
Operating CF Growth %--0.16%-0.14%-0.15%
Net Income-19.94M-23.67M-36.59M-75.04M
Depreciation & Amortization336K495K548K1.39M
Stock-Based Compensation339K0442K0
Deferred Taxes000-1.92M
Other Non-Cash Items-623K436K9.98M40.33M
Working Capital Changes579K330K-32K5.79M
Change in Receivables40K33K-70K35K
Change in Inventory-473K35K-2.98M626K
Change in Payables279K436K0-4.56M
Cash from Investing+-1.27M-500K-340K-1.65M
Capital Expenditures-1.26M-502K-333K-1.65M
CapEx % of Revenue4.66%2.66%1.11%6.13%
Acquisitions----
Investments----
Other Investing-14K0-7K0
Cash from Financing+130K9.53M21.88M15.63M
Debt Issued (Net)----
Equity Issued (Net)----
Dividends Paid0000
Share Repurchases----
Other Financing130K018K0
Net Change in Cash----
Free Cash Flow+-20.58M-22.9M-25.98M-31.11M
FCF Margin %-76.22%-121.19%-86.62%-115.64%
FCF Growth %--0.11%-0.13%-0.2%
FCF per Share-1.07-1.19-3.31-2.05
FCF Conversion (FCF/Net Income)0.97x0.95x0.67x0.55x
Interest Paid00208K0
Taxes Paid0000

Key Ratios

Metric2021202220232024
Return on Equity (ROE)----270%
Gross Margin-328.89%-362.96%-335.33%-620.07%
Net Margin-7384.44%-12525.4%-12715.33%-19986.25%
Debt / Equity---0.82x
Interest Coverage--174.55x-16.84x-
FCF Conversion0.97x0.95x0.67x0.55x
Revenue Growth--30%58.73%-10.33%

Frequently Asked Questions

Growth & Financials

Adagio Medical Holdings, Inc. (ADGM) reported $-0.1M in revenue for fiscal year 2024. This represents a 153% decrease from $0.3M in 2021.

Adagio Medical Holdings, Inc. (ADGM) saw revenue decline by 10.3% over the past year.

Adagio Medical Holdings, Inc. (ADGM) reported a net loss of $74.6M for fiscal year 2024.

Dividend & Returns

Adagio Medical Holdings, Inc. (ADGM) has a return on equity (ROE) of -270.0%. Negative ROE indicates the company is unprofitable.

Adagio Medical Holdings, Inc. (ADGM) had negative free cash flow of $23.6M in fiscal year 2024, likely due to heavy capital investments.

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