earnings
confidence high
sentiment positive
materiality 0.70
Treace Medical Q4 revenue $68.7M (+10% YoY); net loss narrows to $0.5M; guides FY25 rev $224-230M
TREACE MEDICAL CONCEPTS, INC.
2024-FY EPS reported
-$0.90
revenue$209,357,000
- Q4 revenue $68.7M (+10% YoY); net loss ($0.5M) vs ($6.3M) in Q4 2023; adj. EBITDA $11.1M (322% improvement).
- Full-year 2024 revenue $209.4M (+12% YoY); net loss ($55.7M) vs ($49.5M); adj. EBITDA loss narrowed to ($11.0M) from ($24.4M).
- FY2025 revenue guidance $224M-$230M (7-10% growth); expects breakeven adj. EBITDA for full year.
- Entry into osteotomy market with Nanoplasty and Percuplasty 3D bunion systems; 280 new active surgeons added in 2024.
- Cash $75.7M plus $26M revolver access; patent portfolio 97 granted, 88 pending.