Modular Medical, Inc.
General ticker "MODD" information:
- Sector: Health Care
- Industry: Medical - Devices
- Capitalization: $40.3M (TTM average)
Modular Medical, Inc. does not follow the US Stock Market performance with the rate: -31.1%.
Estimated limits based on current volatility of 47.1%: low 0.09$, high 0.25$
Factors to consider:
- Total employees count: 40 as of 2024
- Top business risk factors: Insufficient funding, Labor/talent shortage/retention, Product development risks, Cybersecurity threats, Economic downturns and volatility
- Current price 64.6% 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 2025-03-31 to 2027-03-31
- 2025-03-31 to 2026-03-31 estimated range: [0.57$, 1.62$]
- 2026-03-31 to 2027-03-31 estimated range: [0.49$, 1.39$]
Financial Metrics affecting the MODD estimates:
- Positive: with PPE of -2.1 at the end of fiscal year the price was neutral
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -39.55 <= 0.01
- Positive: Interest expense per share per price, % of 0 <= 0.01
- Positive: -14.22 < Investing cash flow per share per price, % of -6.27
- Positive: Shareholder equity ratio, % of 91.15 > 64.29
Short-term MODD quotes
Long-term MODD plot with estimates
Financial data
| YTD | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating Revenue | $0.00MM | $0.00MM | $0.00MM |
| Operating Expenses | $13.88MM | $17.53MM | $19.05MM |
| Operating Income | $-13.88MM | $-17.53MM | $-19.05MM |
| Non-Operating Income | $0.00MM | $0.06MM | $0.23MM |
| R&D Expense | $9.06MM | $12.88MM | $14.70MM |
| Income(Loss) | $-13.88MM | $-17.47MM | $-18.82MM |
| Taxes | $0.00MM | $0.00MM | $0.00MM |
| Profit(Loss)* | $-13.88MM | $-17.47MM | $-18.82MM |
| Stockholders Equity | $5.08MM | $11.54MM | $17.08MM |
| Inventory | $0.10MM | $0.00MM | $0.00MM |
| Assets | $7.25MM | $13.81MM | $18.73MM |
| Operating Cash Flow | $-11.01MM | $-13.95MM | $-15.72MM |
| Capital expenditure | $1.64MM | $1.70MM | $2.49MM |
| Investing Cash Flow | $-1.64MM | $-1.70MM | $-2.49MM |
| Financing Cash Flow | $7.37MM | $21.09MM | $22.08MM |
| Earnings Per Share** | $-1.28 | $-0.78 | $-0.51 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.