Took a look through the 10k. Losing money every year, net loss $33M in 2019. BUT very healthy balance sheet with $155M in cash and only $24M in debt. This means INSP can continue in its current state for 4 more years even without taking on more debt. In other words they have half a decade to improve their tech or hit a moonshot.
BTW @wolfpack, if nobody’s buying where’d the $82M in revenue come from?
Semi-popular in Germany apparently. But I could see COVID causing a big hit.
Earnings just released. Net loss $16mm Q1 2020, up from $8mm Q1 2019. https://investors.inspiresleep.com/investors/press-releases/press-release-details/2020/Inspire-Medical-Systems-Inc-Announces-First-Quarter-2020-Financial-Results/default.aspx