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Myomo Inc
F:0M61

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Myomo Inc
F:0M61
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Price: 0.841 EUR 5.52%
Market Cap: 17.7m EUR

Myomo Inc
Investor Relations

Myomo, Inc. is a medical robotics company that develops, designs, and produces myoelectric orthotics for people with neuromuscular disorders. The company is headquartered in Boston, Massachusetts and currently employs 100 full-time employees. The company went IPO on 2017-06-12. The firm offers functional improvement for those with neuromuscular disorders and upper limb paralysis. The firm develops and markets the MyoPro product line. The MyoPro is a myoelectric-controlled upper limb brace (orthosis). The orthosis is a rigid brace used for the purpose of supporting a patient’s weak or paralyzed arm to enable and help improve functional activities of daily living (ADLs), in the home and community. The MyoPro can enable individuals to self-initiate and control movements of a partially paralyzed or weakened limb using their own muscle signals. The Company’s products are designed to help improve function in adults and adolescents with neuromuscular conditions due to brachial plexus injury, stroke, traumatic brain injury, spinal cord injury and other neurological disorders. The company primarily provides devices directly to patients and bills their insurance companies.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 10, 2025
AI Summary
Q3 2025

Revenue: Myomo reported Q3 2025 revenue of $10.1 million, hitting the high end of expectations and up 10% year-over-year.

Guidance Reiterated: Full-year 2025 revenue guidance remains at $40 million to $42 million, representing more than 23% growth over last year.

International & O&P Growth: International revenue, mainly from Germany, hit a record $1.8 million (up 63%), and O&P channel revenue doubled to $900,000.

Pipeline Expansion: Patient pipeline grew 32% year-over-year; new programs like MyoConnect and expanding clinician training are driving higher-quality leads.

Margins & Costs: Gross margin declined to 63.8% (from 75.4% last year) due to higher costs and a prior accounting change, but manufacturing improvements are underway.

Operating Loss: Net loss widened to $3.7 million ($0.09 per share) from $1 million in Q3 2024, with operating expenses up 26% year-over-year.

New Debt Facility: Secured a $17.5 million term loan to support future growth, with $12.5 million funded at closing.

Strategic Focus: The company is shifting from advertising-driven growth to recurring referrals from clinicians and O&P partners to lower acquisition costs and improve profitability.

Key Financials
Revenue
$10.1 million
Gross Margin
63.8%
Operating Expenses
$10 million
Operating Loss
$3.5 million
Net Loss
$3.7 million
EPS
$0.09 loss per share
Adjusted EBITDA
-$2.7 million
Cash, Cash Equivalents and Short-term Investments
$12.6 million (or $20.1 million pro forma post-loan)
Cash Burn
$2.9 million in Q3
Number of MyoPro Revenue Units
186 units
Average Selling Price (ASP)
$54,300
International Revenue
$1.8 million
O&P Channel Revenue
$900,000
Direct Billing Channel Revenue Share
73% of total revenue
Medicare Part D Revenue Share
54% of revenue
Medicare Advantage Revenue Share
18% of revenue
Patient Pipeline
1,669 patients
New Pipeline Adds (Q3)
826 patients
Medicare Patients in Pipeline
266
Backlog
208 patients
Authorizations and Orders (Q3)
229
Earnings Call Recording
Other Earnings Calls

Management

Mr. Paul R. Gudonis
Chairman, President & CEO
No Bio Available
Mr. David A. Henry
Chief Financial Officer
No Bio Available
Dr. Harry Kovelman M.D.
Chief Medical Officer
No Bio Available
Colin Anderson
Global Director of Operations
No Bio Available
Mr. Joseph Chicoskie
Director of Marketing
No Bio Available
Ms. Galina Shtivelman
Senior Director of Human Resources
No Bio Available
Mr. Micah J. Mitchell
Chief Commercial Officer
No Bio Available

Contacts

Address
MASSACHUSETTS
Boston
137 Portland Street, 4th Floor
Contacts
+16179969058
myomo.com