Cardiovascular Systems

Cardiovascular Systems

Innovative cardiovascular solutions for advanced PAD and CAD treatment, enhancing patient outcomes with cutting-edge technology. Learn more

Launch date
Employees
Market cap
€762m
Enterprise valuation
€662m (Public information from May 2023)
Saint Paul Minnesota (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues186m197m225m215m235m215m245m
% growth-6 %14 %(5 %)9 %(9 %)14 %
EBITDA2.7m6.8m4.6m(19.0m)(6.5m)(27.2m)-
% EBITDA margin1 %3 %2 %(9 %)(3 %)(13 %)-
Profit(1.6m)1.6m(<1m)(24.8m)(12.2m)(33.6m)(20.0m)
% profit margin(1 %)1 %-(12 %)(5 %)(16 %)(8 %)
EV / revenue5.1x5.0x6.0x5.3x6.6x3.6x-
EV / EBITDA359.9x143.6x295.2x-59.8x-240.5x-28.2x-
R&D budget20.8m24.1m30.2m39.4m37.3m33.4m-
R&D % of revenue11 %12 %13 %18 %16 %16 %-

Source: Dealroom estimates

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DateInvestorsAmountRound
-

N/A

-

$29.0m

Post IPO Debt
N/A

$13.5m

Post IPO Debt
N/A

$7.5m

Post IPO Debt
N/A

$2.5m

Post IPO Debt
*

$890m

Valuation: $890m

3.8x EV/LTM Revenues

-29.7x EV/LTM EBITDA

Acquisition
Total Funding-

Recent News about Cardiovascular Systems

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More about Cardiovascular Systemsinfo icon
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Cardiovascular Systems, Inc. (CSI) specializes in developing and providing advanced medical technologies for the treatment of Peripheral Artery Disease (PAD) and Coronary Artery Disease (CAD). The company collaborates with leading healthcare professionals to create innovative solutions that address complex cardiovascular conditions. CSI serves a diverse clientele, including physicians, fellows, cath lab teams, and hospital administrations, primarily within the cardiovascular market. The business model focuses on the development, manufacturing, and distribution of state-of-the-art medical devices designed to improve patient outcomes. Revenue is generated through the sale of these medical devices and related services, supported by clinical evidence and healthcare economics research. CSI's commitment to quality and individualized patient care sets it apart in the industry.

Keywords: Cardiovascular, PAD, CAD, medical technology, healthcare professionals, patient outcomes, clinical evidence, healthcare economics, innovative solutions, medical devices.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Cardiovascular Systems

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Replidyne
ACQUISITION by Cardiovascular Systems Nov 2008