Hyperfine reports preliminary FY2024 revenue ~$12.9M, gross margin 46%; highlights IAC accreditation and new exec hires

Hyperfine, Inc.

2024-FY EPS reported -$0.56 revenue$12,890,000

Preliminary total revenue ~$12.9M: device revenue ~$10.5M, service revenue ~$2.4M.
Preliminary gross margin ~46%; cash and equivalents ~$37.6M as of Dec 31, 2024.
IAC accreditation for ultra-low-field MRI enables CMS reimbursement for accredited facilities.
CE approval for 9th-gen AI brain imaging software; now available in 4 European languages.
Exited 2024 with 13 distribution partners and appointed two new VP roles for adoption.

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