Viemed Healthcare, Inc.

Description

Viemed Healthcare, Inc., together with its subsidiaries, provides home medical equipment (HME) and post-acute respiratory healthcare services to patients in the United States. It provides respiratory disease management solutions, including treatment of chronic obstructive pulmonary disease (COPD), which include non-invasive ventilation, percussion vests, and other therapies; and invasive and non-invasive ventilation and related equipment and supplies to patients suffering from COPD. The company leases non-invasive and invasive ventilators, positive airway pressure machines (PAP), durable medical equipment, percussion vests, oxygen concentrators, and other medical equipment; and sells and rents HME devices. In addition, it provides neuromuscular care and oxygen therapy services; and sleep apnea management provides sleep solutions and/or equipment, such as PAP, automatic continuous positive airway pressure, and bi-level positive airway pressure machines. Further, the company offers in home sleep apnea testing services, as well as healthcare staffing and recruitment services. Viemed Healthcare, Inc. was founded in 2006 and is headquartered in Lafayette, Louisiana.

About

CEO
Mr. Casey Hoyt
Employees
1,142
Instrument type
Common Stock
Sector
Healthcare
Industry
Medical Devices
MIC code
XNCM
Address
625 East Kaliste Saloom Road, Lafayette, LA 70508, United States
Phone
337 504 3802
Website
Chart Image
× Enlarged Chart
Oscillators
No data available
Summary
No data available
Moving Averages
No data available

Earnings

Date Estimate EPS Actual EPS Difference % Surprise
Nov 5, 2025
Aug 6, 2025
May 5, 2025
Mar 5, 2025 0.08
Nov 7, 2024 0.08 0.10 0.02 25.00%

Earnings estimate

Next Quarter
(Mar 2025)
Next Year
(Dec 2025)
Number of analysts 0 1
Average estimate 0.00 0.36
Low estimate 0.00 0.36
High estimate 0.00 0.36
Last year EPS 0.28
[stock_revenue_estimate]

Growth estimates

Current qtr
14.810%
Next qtr. (Mar 2025)
Current year
6.380%
Next year (Dec 2025)
28.570%
Next 5 years (per annum)
Past 5 years (per annum)

Analyst Ratings

Date Firm Action Rating Price Target
Nov 3, 2021
RBC Capital
Frank Morgan
Maintains Outperform ▼ Lowers $13 → $9
Mar 5, 2021
RBC Capital
Initiates Outperform

Income statement

2023 2022 2021 2020 2019
Fiscal date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total reported revenue 183.01M 138.83M 117.06M 131.31M 80.26M
Cost of revenue 70.23M 54.15M 43.65M 51.20M 24.25M
Gross profit 112.78M 84.68M 73.41M 80.11M 56.01M
Operating expense
Research & development 2.78M 2.70M 2.11M 1.08M 848,000
Selling general and admin 93.73M 73.36M 60.04M 57.71M 45.27M
Other operating expenses -98,000 -989,000 -1.62M -3.95M 3,000
Operating income 14.98M 8.60M 12.03M 24.45M 9.22M
Non operating interest income
Income
Expense 424,000 197,000 318,000 509,000 314,000
Other income expense -160,000 589,000 793,000 2.42M -107,000
Pretax income 14.39M 8.99M 12.50M 26.36M 8.80M
Tax provision 4.15M 2.77M 3.38M -5.17M 271,000
Net income 10.24M 6.22M 9.13M 31.53M 8.53M
Basic EPS 0.27 0.16 0.23 0.81 0.23
Diluted EPS 0.25 0.16 0.22 0.78 0.21
Basic average shares 38.35M 38.66M 39.49M 38.74M 37.72M
Diluted average shares 38.35M 38.66M 39.49M 38.74M 37.72M
EBITDA 37.32M 25.16M 24.58M 34.13M 15.51M
Net income from continuing op. 10.24M 6.22M 9.13M 31.53M 8.53M
Minority interests
Preferred stock dividends

Balance sheet

2023 2022 2021 2020 2019
Fiscal date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 154.90M 117.04M 117.96M 112.56M 82.60M
Current assets
Cash 7.18M 5.91M 11.95M 5.32M 3.97M
Cash equivalents 5.66M 11.00M 16.46M 25.66M 9.38M
Cash and cash equivalents 12.84M 16.91M 28.41M 30.98M 13.36M
Other short term investments
Accounts receivable 18.45M 15.38M 12.82M 12.37M 11.53M
Other receivables
Inventory 4.63M 3.57M 2.46M 2.31M 1.36M
Prepaid assets 1.73M 1.51M 1.56M
Restricted cash
Assets held for sale
Hedging assets
Other current assets 2.45M 3.85M 1.73M
Non current assets
Properties 114.19M 94.59M 76.86M 63.31M 56.20M
Land and improvements 2.57M 2.57M 2.57M 2.14M 2.14M
Machinery furniture equipment 4.73M 3.84M 3.49M 3.64M 3.46M
Construction in progress
Leases 345,000 296,000 296,000 290,000 301,000
Accumulated depreciation -52.94M -39.90M -28.06M -20.29M -13.68M
Goodwill 60.10M
Investment properties
Financial assets
Intangible assets 567,000
Investments and advances 3.90M 4.16M 2.16M 733,000 13,000
Other non current assets 5.45M 4.71M 5.65M 9.60M 13,000
Total liabilities 41.00M 19.95M 23.14M 30.87M 38.90M
Current liabilities
Accounts payable 7.41M 4.90M 5.25M 3.35M 5.72M
Accrued expenses 4.56M 2.82M 1.89M 1.39M 2.15M
Short term debt 2.01M 495,000 1.94M 4.58M 8.84M
Deferred revenue 6.21M 4.62M 3.75M 3.41M 3.32M
Tax payable 2.15M 340,000 86,000
Pensions
Other current liabilities 1.87M 1.70M 1.12M 4.49M 3.13M
Non current liabilities
Long term debt 8.32M 199,000 4.57M 6.56M 10.67M
Provision for risks and charges
Deferred liabilities
Derivative product liabilities
Other non current liabilities
Shareholders equity
Common stock 18.70M 15.12M 14.01M 9.18M 3.37M
Retained earnings 79.50M 69.85M 73.34M 65.64M 34.11M
Other shareholders equity -278,000 -451,000 -157,000
Total shareholders equity 113.90M 97.09M 94.82M 81.69M 43.70M
Additional paid in capital 15.70M 12.13M 7.75M 7.32M 6.38M
Treasury stock
Minority interest

Cash flow statement

20232022202120202019201820172016
Operating Activities
Net Income10.24M6.22M9.13M31.53M8.53M9.51M8.18M1.23M
Depreciation21.86M15.63M11.31M9.58M6.40M3.78M2.54M1.42M
Deferred Taxes-1.44M1.75M3.88M-8.73M
Stock-Based Compensation5.85M5.20M5.15M4.88M3.89M2.70M828,000
Other Non-Cash Items-219,000
Accounts Receivable-1.06M-2.56M-7.35M-9.96M-12.51M-5.25M-10.13M-1.12M
Accounts Payable-859,000-318,000133,000213,000783,0002.50M900,0001.44M
Other Assets & Liabilities2.56M3.04M-2.10M-1.96M419,000-782,000-57,000-107,000
Operating Cash Flow36.94M28.97M20.16M25.56M7.51M12.46M2.26M2.86M
Investing Activities
Capital Expenditures-23.51M-21.84M-19.15M-7.79M-12.81M-5.30M-3.57M-936,000
Net Intangibles
Net Acquisitions-28.59M-599,000-629,000
Purchase of Investments-20,000-2.14M
Sale of Investments
Investing Cash Flow-52.11M-23.98M-19.75M-8.42M-12.81M-5.30M-3.57M-936,000
Financing Activities
Long-Term Debt Issuance5.00M9.38M
Long-Term Debt Payments-10.88M-5.84M-4.00M-10.95M-11.59M-10.16M-7.69M-4.29M
Other Financing Charges
Financing Cash Flow-5.48M-15.55M-5.43M-10.95M-3.73M-11.76M-7.69M-4.29M
Other Cash Details
End Cash Position12.84M16.91M28.41M30.98M13.36M10.41M5.10M4.34M
Income Tax Paid3.57M1.77M3.31M338,000151,000
Interest Paid851,000231,000351,000559,000333,000193,000
Free Cash Flow19.12M4.85M2.75M22.07M5.70M16.25M8.02M4.74M
Error: Invalid format in Holders JSON file.
Viemed Healthcare, Inc. (VMD) Q3 2024 Earnings Call Transcript Article
Viemed Healthcare, Inc. (VMD) Q3 2024 Earnings Call Transcript
Viemed Healthcare, Inc. (NASDAQ:VMD ) Q3 2024 Results Conference Call November 7, 2024 12:00 PM ET Company Participants Todd Zehnder - Chief Operating Officer Casey Hoyt - Chief Executive Officer Conference Call Participants Brooks O'Neil - Lake Street Capital Markets Doug Cooper - Beacon Securities Ilya Zubkov - Freedom Broker Operator Greetings, and welcome to Viemed's Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Seeking Alpha Neutral
Nov 9, 2024
Viemed Healthcare Announces Third Quarter 2024 Financial Results Article
Viemed Healthcare Announces Third Quarter 2024 Financial Results
LAFAYETTE, La., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Viemed Healthcare, Inc. (the “Company” or “Viemed”) (NASDAQ:VMD), a national leader in respiratory care and technology-enabled home medical equipment services, announced today that it has reported its financial results for the three and nine months ended September 30, 2024.
GlobeNewsWire Neutral
Nov 6, 2024
Viemed Healthcare: Turning Bullish Once More On Growing Ventilator Patient Numbers Article
Viemed Healthcare: Turning Bullish Once More On Growing Ventilator Patient Numbers
Upgraded Viemed Healthcare to 'Buy' due to bullish technicals, strong Q2 earnings, and promising growth trends in ventilator and sleep businesses. Bullish MACD crossover and strong buying volume signal potential for sustained share price increase. Q2 revenue hit $55 million, with notable organic growth and successful sales force restructuring driving performance.
Seeking Alpha Positive
Sep 12, 2024
Scroll to Top

Markets

Crypto

how to invest

Who we are