undamentalytics Newsletter

Elutia vs Nano-x Imaging

Elutia and Nano-x Imaging are similar in size: $12.3m and $13.0m of revenue in their latest fiscal years. Nano-x Imaging grew faster (15.4% against -15.0%). Elutia kept more of each dollar of sales as profit: a net margin of 434.2% against -576.1%. Nano-x Imaging carries less debt relative to equity (2.4% against 112.4%).

Latest fiscal yearElutiaELUT, 2025Nano-x ImagingNNOX, 2025
Revenue $12.3m $13.0m
Revenue growth -15.0% 15.4%
Net income $53.4m −$75.0m
Operating margin -218.9% -600.8%
Net margin 434.2% -576.1%
Return on equity — -45.6%
Free cash flow −$46.7m −$45.0m
Cash $36.4m $49.2m
Total debt $31.1m $3.3m
Debt to equity 112.4% 2.4%
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees 26 —
Market value $38.0m $20.4m
Price vs our value range — —
Moat score 27 (Weak) —
Insider trades, 12 months 16 buys, 0 sales 10 buys, 2 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.