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Artivion AORT Acquisitions

Acquisitions at other companies

Abbott logo
AbbottABT
$20M
Edwards Lifesciences logo
Edwards LifesciencesEW
$6.3M
LeMaitre Vascular logo
LeMaitre VascularLMAT
$113K+122%
Medtronic logo
MedtronicMDT
$406M
ITG
Integer HoldingsITGR
$0-100%
Merit Medical Systems logo
Merit Medical SystemsMMSI
$1M0.0%

Other financials

Income statement

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Revenue$125.8M+11.3%
Gross profit$80.5M+10.1%
Operating income-$8.4M-200%
Net income-$13.5M-1,104%
EPS (diluted)-$0.28-1,033%

Balance sheet

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Cash & equivalents$77.3M+44.6%
Total debt$408.0M+54.7%
Total equity$445.6M+6.1%
Total assets$1.1B+27.9%

Cash flow

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Operating cash flow-$1.3M-108%
CapEx$10.7M+227%
Free cash flow-$12.0M

Valuation

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Market cap$1.29B-15.0%
Enterprise value$1.62B-6.2%
P/S2.7×-1.0×

Profitability

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Gross margin64.4%+0.4pp
Operating margin4.4%0.0pp
Net margin-0.7%-0.3pp
FCF margin-0.1%-2.5pp

Returns & leverage

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Return on equity-0.7%-0.3pp
Debt / equity0.9×+0.3×
Current ratio3.5×-1.3×

Where this comes from

Reported directly by Artivion in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired.

The source filing: Artivion’s 10-K, filed February 23, 2023.

Filed
Feb 23, 2023
Fiscal year
FY2022
Accession
0000784199-23-000040
Line itemYear Ended December 31, 2022Year Ended December 31, 2021Year Ended December 31, 2020
Net cash flows from investing activities:
Proceeds from sale of non-financial assets, net19,000
Payments for Endospan agreement(5,000)
Ascyrus Acquisition, net of cash acquired(59,119)
Acquisition of intangible assets(1,699)(972)(1,157)
Capital expenditures(9,016)(13,091)(7,328)
Other723(524)
Net cash flows (used in) provided by investing activities(10,715)5,660(73,128)

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Artivion's acquisitions?
Artivion (AORT) reported acquisitions of $0 in Q4 2022.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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