
MiMedx Group, Inc.
NASDAQ•MDXG
CEO: Mr. Joseph H. Capper
Sector: Healthcare
Industry: Biotechnology
Listing Date: 2008-02-12
MiMedx Group, Inc. develops and distributes placental tissue allografts for various sectors of healthcare. It processes the human placental tissues utilizing its patented and proprietary PURION process to produce allografts that retains the tissue's inherent biological properties and regulatory proteins. The company's patented and proprietary processing method employs aseptic processing techniques in addition to terminal sterilization. Its products include EpiFix, a barrier membrane allograft used for the treatment of chronic wounds, including diabetic foot ulcers, venous leg ulcers, and pressure ulcers; AmnioFix, a protective barrier allograft, which comprises dehydrated human amnion/chorion membrane for use in surgical recovery applications; and EpiCord and AmnioCord are dehydrated human umbilical cord allografts that are used to provide a protective environment for the healing process, as well as used in the advanced wound care and surgical recovery applications. The company's products have applications in the areas of wound care, burn, surgical sectors of healthcare. The company sells its products through direct sales force and independent sales agents, as well as through independent distributors primarily in the United States. MiMedx Group, Inc. was founded in 2006 and is headquartered in Marietta, Georgia.
Contact Information
Market Cap
$1.04B
P/E (TTM)
25.5
40.9
Dividend Yield
--
52W High
$9.71
52W Low
$5.79
52W Range
Rank55Top 68.5%
3.0
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q3 2025 Data
Revenue
$113.73M+35.30%
4-Quarter Trend
EPS
$0.11+99.64%
4-Quarter Trend
FCF
$25.41M+76.45%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Strong Quarterly Sales Growth Net sales reached $113.7M for Q3 2025, showing 35.3% growth versus prior year period.
Net Income Surges Net income from continuing operations was $16.7M, reflecting 112.6% increase compared to Q3 2024 results.
Wound Segment Leads Growth Wound product sales hit $77.1M in Q3, marking a substantial 40.0% increase year-over-year.
Improved Gross Margin Gross profit margin improved to 83.5% in the third quarter, up from 81.8% last year due to mix.
Risk Factors
Rising Operating Expenses SG&A expenses grew 28.9% to $69.0M in Q3, driven by higher sales commissions and legal spend.
Regulatory Reimbursement Uncertainty CMS proposals for skin substitutes effective January 2026 present potential changes to industry reimbursement rates.
Ongoing Legal Matters Company is party to numerous lawsuits; no accrual for potential losses reflected on the balance sheet currently.
Intangible Asset Impairment Recognized $0.3M impairment of intangible assets in Q3 2024 related to abandoned patents; R&D costs rising.
Outlook
Strong Liquidity Position Cash balance increased to $142.1M; current ratio stands at 4.4, supporting operational liquidity needs.
Strategic Investment Activity Invested $2.0M in Vaporox Convertible Note in Q3 2025; focus remains on product portfolio broadening.
R&D Pipeline Advancement R&D spend increased 26.9% in Q3, driven by ongoing enrollment in the EPIEFFECT randomized clinical trial.
Debt Maturity Schedule Term Loan Facility principal payments total $18.3M through maturity in 2029; Revolving Facility currently unused.
Peer Comparison
Revenue (TTM)
MDXG$393.44M
$388.52M
ANAB$169.47M
Gross Margin (Latest Quarter)
100.0%
89.4%
MDXG83.5%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| RLAY | $1.49B | -5.0 | -42.9% | 5.0% |
| ANAB | $1.39B | -16.6 | -1101.2% | 4.1% |
| PGEN | $1.32B | -3.0 | -5766.2% | 0.0% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
7.0%
Steady Growth
4Q Net Income CAGR
31.1%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Next earnings:Feb 25, 2026
EPS:$0.09
|Revenue:-
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Oct 29, 2025|Revenue: $113.73M+35.3%|EPS: $0.11+99.6%BeatForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Jul 30, 2025|Revenue: $98.61M+13.1%|EPS: $0.07-45.8%BeatForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: Apr 30, 2025|Revenue: $88.21M+4.1%|EPS: $0.05-21.0%MissForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 26, 2025|Revenue: $348.88M+8.5%|EPS: $0.29-39.6%BeatForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Oct 30, 2024|Revenue: $84.06M+2.9%|EPS: $0.06-5.2%BeatForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Jul 31, 2024|Revenue: $87.21M+7.3%|EPS: $0.12-2708.7%BeatForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: Apr 30, 2024|Revenue: $84.71M+18.2%|EPS: $0.06-245.2%BeatForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 28, 2024|Revenue: $321.48M+20.0%|EPS: $0.48+277.8%Beat