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Implanet SA (FR:ALIMP)
:ALIMP

Implanet SA (ALIMP) AI Stock Analysis

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FR:ALIMP

Implanet SA

(ALIMP)

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Neutral 45 (OpenAI - 5.2)
Rating:45Neutral
Price Target:
€0.21
▼(-17.69% Downside)
Action:ReiteratedDate:04/06/26
The score is held down primarily by weak financial quality (persistent losses, negative cash generation, and high leverage with minimal equity), despite improving revenue and gross margin. Technicals are neutral and do not provide a strong offset, while valuation signals remain constrained by negative earnings and no dividend support.
Positive Factors
Sustained Revenue Growth
Top-line has shown a multi-year rebound, signaling stronger market adoption of Implanet’s implant systems. Durable revenue growth over several years suggests expanding procedure volume or penetration, improving the company’s ability to scale fixed costs and fund product development long term.
Negative Factors
Negative Cash Generation
Consistent negative operating and free cash flow forces reliance on external financing for operations and growth. Until OCF turns sustainably positive, the company faces funding risk that can constrain commercialization, delay R&D or dilute shareholders if new capital is required.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained Revenue Growth
Top-line has shown a multi-year rebound, signaling stronger market adoption of Implanet’s implant systems. Durable revenue growth over several years suggests expanding procedure volume or penetration, improving the company’s ability to scale fixed costs and fund product development long term.
Read all positive factors

Implanet SA (ALIMP) vs. iShares MSCI France ETF (EWQ)

Implanet SA Business Overview & Revenue Model

Company Description
Implanet SA (ALIMP) is a French medical technology company specializing in the development and commercialization of innovative implants and associated surgical instruments for orthopedic and spinal surgery. The company focuses on providing advance...
How the Company Makes Money
Implanet makes money primarily by selling medical devices to hospitals and surgical centers, including (1) implantable hardware (e.g., spine/orthopedic implants) and (2) the associated disposable items and reusable surgical instrumentation require...

Implanet SA Financial Statement Overview

Summary
Revenue and gross margin are improving strongly (2025 revenue up to 12.47M and gross margin ~55%), but the company remains materially loss-making with negative operating cash flow and free cash flow. Balance-sheet risk is elevated due to very thin equity (~0.4M) versus debt (~5.9M), leaving limited cushion while losses persist.
Income Statement
28
Negative
Balance Sheet
18
Very Negative
Cash Flow
24
Negative
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue12.47M9.41M7.45M8.03M6.14M
Gross Profit6.89M4.10M3.13M3.91M2.74M
EBITDA-4.22M-3.82M-5.08M-2.46M-3.26M
Net Income-4.38M-4.37M-6.68M-3.54M-4.61M
Balance Sheet
Total Assets18.45M14.89M10.64M14.47M16.70M
Cash, Cash Equivalents and Short-Term Investments3.01M1.60M248.00K531.00K1.87M
Total Debt5.92M6.50M6.15M6.80M9.61M
Total Liabilities18.04M14.16M10.81M10.93M13.90M
Stockholders Equity404.00K727.00K-174.00K3.54M2.80M
Cash Flow
Free Cash Flow-2.15M-2.81M-2.17M-3.04M-3.91M
Operating Cash Flow-589.00K-2.32M-1.45M-2.47M-3.52M
Investing Cash Flow-1.56M-844.00K-768.00K-570.00K1.57M
Financing Cash Flow3.64M4.37M1.95M1.60M2.73M

Implanet SA Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.26
Price Trends
50DMA
0.22
Negative
100DMA
0.22
Positive
200DMA
0.22
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
52.87
Neutral
STOCH
85.56
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:ALIMP, the sentiment is Positive. The current price of 0.26 is above the 20-day moving average (MA) of 0.21, above the 50-day MA of 0.22, and above the 200-day MA of 0.22, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 52.87 is Neutral, neither overbought nor oversold. The STOCH value of 85.56 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:ALIMP.

Implanet SA Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
50
Neutral
€22.74M-5.20-17.18%138.92%11.14%
47
Neutral
€167.05M-0.8059.08%6.75%15.48%
46
Neutral
€30.37M-1.41467.60%-4.70%-64.31%
45
Neutral
€31.42M-6.51-450.14%52.11%68.65%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
FR:ALIMP
Implanet SA
0.22
0.12
124.74%
FR:ALTHE
Theraclion SA
0.51
0.36
240.94%
FR:ALDMS
Diagnostic Medical Systems
1.33
0.42
47.22%
FR:ALIKO
Ikonisys SA
1.44
0.03
2.13%
FR:ALEMG
Euromedis Groupe SA
4.78
1.23
34.65%
FR:ALMDT
Median Technologies
4.44
1.84
70.57%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Apr 06, 2026