HeartBeam, Inc.
General ticker "BEAT" information:
- Sector: Health Care
- Industry: Health Care Equipment & Supplies
- Capitalization: $52.6M (TTM average)
HeartBeam, Inc. does not follow the US Stock Market performance with the rate: -9.5%.
Estimated limits based on current volatility of 5.1%: low 0.63$, high 0.75$
Factors to consider:
- Total employees count: 21 (+40.0%) as of 2024
- Top business risk factors: Insufficient capital availability, Limited operating history, Economic downturns and volatility, Cloud infrastructure disruptions, Labor/talent shortage/retention
- Current price 50.0% below estimated low
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [1.44$, 3.81$]
- 2025-12-31 to 2026-12-31 estimated range: [1.32$, 3.53$]
Financial Metrics affecting the BEAT estimates:
- Positive: with PPE of -3.2 at the end of fiscal year the price was low
- Negative: negative Operating income
- Negative: negative Industry operating cash flow (median)
- Negative: Operating cash flow per share per price, % of -22.96 <= 0.33
- Positive: Interest expense per share per price, % of 0 <= 0.01
- Positive: 41.86 < Shareholder equity ratio, % of 50.49 <= 63.39
- Positive: Investing cash flow per share per price, % of -0.32 > -0.66
- Negative: negative Net income
- Positive: Industry inventory ratio change (median), % of 0 <= 0
Short-term BEAT quotes
Long-term BEAT plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $0.00MM | $0.00MM | $0.00MM |
| Operating Expenses | $13.03MM | $15.31MM | $19.89MM |
| Operating Income | $-13.03MM | $-15.31MM | $-19.89MM |
| Non-Operating Income | $0.07MM | $0.68MM | $0.44MM |
| R&D Expense | $5.68MM | $6.80MM | $11.05MM |
| Income(Loss) | $-12.96MM | $-14.64MM | $-19.45MM |
| Profit(Loss)* | $-12.96MM | $-14.64MM | $-19.45MM |
| Stockholders Equity | $2.37MM | $15.94MM | $1.65MM |
| Assets | $4.04MM | $17.13MM | $3.28MM |
| Operating Cash Flow | $-9.95MM | $-12.09MM | $-14.47MM |
| Capital expenditure | $0.00MM | $0.26MM | $0.20MM |
| Investing Cash Flow | $0.00MM | $-0.26MM | $-0.20MM |
| Financing Cash Flow | $0.35MM | $24.99MM | $0.87MM |
| Earnings Per Share** | $-1.59 | $-0.72 | $-0.73 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.