Myomo (MYO) AI Stock Analysis

• Market Cap: $30.88M
• Dividend Yield: N/A
• Average Volume (3M): 1.82M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.64
• Revenue Growth: 93.07%
• EPS Growth: 13.25%
• Country: US
• Employees: 184
• Sector: Healthcare
• Sector Strength: 45
• Industry: Medical - Devices
• EPS (TTM): -0.11
• Shares Outstanding: 37,801,070
• 10 Day Avg. Volume: 1,016,834
• 30 Day Avg. Volume: 1,817,647
• PEG Ratio: 0.92
• Price to Book (P/B): 9.84
• Price to Sales (P/S): 7.47
• P/FCF Ratio: -52.30
• Enterprise Value/Market Cap: 2.81
• Enterprise Value/Revenue: 2.13
• Enterprise Value/Gross Profit: 3.07
• Enterprise Value/Ebitda: -10.55
• 1Y Price Target: $6.50
• Price Target Upside: 480.36% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: $1.00 ▼(-10.71% Downside)

Myomo's overall stock score is primarily impacted by its financial performance challenges, including negative profitability and cash flow issues. Technical analysis indicates bearish momentum, further weighing on the score. While the earnings call showed some positive revenue growth, the operational challenges and increased costs limit the overall score.

Positive Factors

Revenue Growth

Strong revenue growth indicates successful market penetration and product demand, which supports long-term business sustainability.

International Expansion

Expansion into international markets, particularly Germany, diversifies revenue streams and reduces dependence on domestic sales.

Operational Efficiency

Cost management through headcount reduction enhances operational efficiency, improving margins and financial health over time.

Negative Factors

Profitability Challenges

Rising operating expenses and losses highlight ongoing profitability challenges, which may impact long-term financial stability.

Lead Quality Issues

Poor lead quality affects sales conversion rates, potentially hindering revenue growth and increasing customer acquisition costs.

Cash Flow Challenges

Negative cash flows can limit investment in growth opportunities and strain financial resources, impacting long-term viability.

Myomo Business Overview & Revenue Model

Company Description

Myomo, Inc. is a medical technology company that specializes in developing wearable robotic devices designed to restore mobility for individuals with upper limb disabilities. The company primarily operates in the healthcare sector, focusing on rehabilitation and assistive technologies. Myomo's core products include myoelectric orthoses that enable users to control their arm and hand movements through muscle signals, enhancing their ability to perform daily activities and improving their quality of life.

How the Company Makes Money

Myomo generates revenue primarily through the sale of its myoelectric orthoses and related products. The company's revenue model includes direct sales to healthcare providers, hospitals, and rehabilitation facilities, as well as partnerships with insurance companies that provide coverage for its devices. Key revenue streams also include leasing programs and service agreements for ongoing support and maintenance of the devices. Additionally, Myomo collaborates with various healthcare organizations and research institutions, which may lead to funding opportunities and grants that contribute to its earnings.

Myomo Financial Statement Overview

Summary

Myomo is experiencing revenue growth but faces significant profitability and cash flow challenges. The company maintains a moderate leverage position, but negative margins and cash flows indicate operational and financial difficulties that need addressing to improve financial health.

Income Statement

Myomo's income statement shows a consistent increase in revenue, with a TTM revenue growth rate of 5.52%. However, the company is struggling with profitability, as indicated by negative net profit and EBIT margins. The gross profit margin remains strong at 69.24%, but the negative EBIT and EBITDA margins suggest operational inefficiencies.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio of 0.71, indicating manageable leverage. However, the return on equity is negative, highlighting profitability challenges. The equity ratio is not explicitly provided, but the company's equity position appears stable relative to its assets.

Cash Flow

Cash flow analysis reveals significant challenges, with negative operating and free cash flows. The free cash flow growth rate is positive, but the operating cash flow to net income ratio is negative, indicating cash flow issues relative to earnings. The free cash flow to net income ratio is slightly above 1, suggesting some alignment between cash flow and reported earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	40.76M	32.55M	19.24M	15.56M	13.86M	7.58M
Gross Profit	28.22M	23.19M	13.18M	10.25M	10.31M	4.98M
EBITDA	-8.23M	-5.04M	-7.71M	-10.13M	-9.93M	-11.24M
Net Income	-9.32M	-6.18M	-8.15M	-10.72M	-10.37M	-12.04M
Balance Sheet
Total Assets	38.67M	42.24M	14.58M	10.16M	20.10M	14.71M
Cash, Cash Equivalents and Short-Term Investments	15.48M	24.87M	8.87M	5.35M	15.52M	12.24M
Total Debt	12.43M	8.11M	601.30K	553.91K	735.00K	173.44K
Total Liabilities	21.06M	17.53M	5.59M	3.80M	4.69M	3.14M
Stockholders Equity	17.62M	24.71M	8.99M	6.36M	15.41M	11.57M
Cash Flow
Free Cash Flow	-10.35M	-4.65M	-6.32M	-10.35M	-9.87M	-9.08M
Operating Cash Flow	-9.67M	-3.29M	-6.17M	-10.23M	-9.55M	-9.03M
Investing Cash Flow	-1.18M	259.98K	-2.03M	-310.79K	-326.46K	-45.75K
Financing Cash Flow	19.53M	20.93M	9.71M	376.86K	13.17M	16.78M

Myomo Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.12
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MYO, the sentiment is Negative. The current price of 1.12 is above the 20-day moving average (MA) of 1.01, above the 50-day MA of 0.98, and below the 200-day MA of 3.00, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 37.78 is Neutral, neither overbought nor oversold. The STOCH value of 13.86 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MYO.

Myomo Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ECOR	58 Neutral	$46.62M	―	-337.84%	―	27.90%	1.62%
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%
MYO	46 Neutral	$30.88M	―	-68.32%	―	93.07%	13.25%
RBOT	39 Underperform	$30.45M	-0.46	-125.63%	―	―	6.48%
ADGM	38 Underperform	$16.00M	-0.21	―	―	15.00%	71.57%
IINN	35 Underperform	$24.72M	-2.09	―	―	―	―

Myomo Corporate Events

Myomo Inc. Earnings Call: Growth Amid Challenges

The recent earnings call for Myomo Inc. was a mixed bag of strong growth and notable challenges. The company reported impressive revenue growth and international expansion, particularly in Germany, alongside a record number of pipeline additions. However, these positives were tempered by issues with lead quality and conversion rates, increased operating expenses, and a dip in Medicare Advantage revenue. Myomo is actively addressing these challenges through strategic adjustments, including cost-cutting measures and changes in advertising strategy.

Myomo, Inc. Reports Q2 2025 Financial Results

Myomo, Inc. is a wearable medical robotics company specializing in devices that enhance arm and hand function for individuals with neurological disorders and upper-limb paralysis. The company is known for its MyoPro product line, which is unique in its ability to restore arm function using non-invasive sensors to detect EMG signals.