Cerus vs Establishment Labs Holdings
Cerus and Establishment Labs Holdings are similar in size: $234m and $211m of revenue in their latest fiscal years. Establishment Labs Holdings grew faster (27.1% against 16.1%). Cerus kept more of each dollar of sales as profit: a net margin of -6.7% against -24.2%. Cerus carries less debt relative to equity (130.7% against 1051.2%).
| Latest fiscal year | CerusCERS, 2025 | Establishment Labs HoldingsESTA, 2025 |
|---|---|---|
| Revenue | $234m | $211m |
| Revenue growth | 16.1% | 27.1% |
| Net income | −$15.6m | −$51.1m |
| Operating margin | -3.7% | -18.5% |
| Net margin | -6.7% | -24.2% |
| Return on equity | -26.0% | -133.3% |
| Free cash flow | $1.1m | −$56.9m |
| Cash | $20.0m | $75.6m |
| Total debt | $84.0m | $248m |
| Debt to equity | 130.7% | 1051.2% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 275 | 1,004 |
| Market value | $476m | $1.82bn |
| Price vs our value range | — | — |
| Moat score | 21 (Weak) | 31 (Weak) |
| Insider trades, 12 months | 0 buys, 25 sales | 0 buys, 30 sales |