Professional
Added to YB: 2023-12-05
Pitch date: 2023-12-05
ZYXI [bearish]
Zynex, Inc.
+95.93%
current return
Author Info
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Company Info
Zynex, Inc., together with its subsidiaries, designs, manufactures, and markets medical devices to treat chronic and acute pain, and activate and exercise muscles for rehabilitative purposes with electrical stimulation.
Market Cap
$47.9M
Pitch Price
$8.36
Price Target
N/A
Dividend
N/A
EV/EBITDA
-8.75
P/E
-1.73
EV/Sales
0.71
Sector
Health Care Equipment and Supplies
Category
special_situation
Zynex (ZYXI US – $ 311m)
ZYXI $311M speculative play, not high quality. Sells electro therapy products, 80% rev from batteries & supplies. Doubts on sustainability of reimbursements for commodity products, maybe "regulatory arbitrage". CEO/40% owner likely selling, knows game can't continue. Rapid growth at 11x '23 EV/EBITDA for >50% CAGR, but should be private.
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