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Globus Medical Inc (GMED)

Globus Medical Inc (GMED)
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Globus Medical, Inc. is a medical device company that develops and commercializes healthcare solutions for patients with musculoskeletal disorders. The company currently has its sales operations distributed across counties world wide. Its Musculoskeletal Solutions consist primarily of implantable devices, biologics, accessories, and unique surgical instruments, used in an expansive range of spinal, orthopedic and neurosurgical procedures. The spine products address the vast majority of conditions affecting the spine including degenerative conditions, deformity, tumors and trauma. Enabling Technologies are designed to enhance a surgeon's capabilities and streamline the complicated surgical procedures to be safer, less invasive, accurate and more reproducible to improve patient care and reduce radiation exposure for both patient and caregiver. The technology contains imaging, navigation and robotic assisted surgery solutions. It acquired all assets of StelKast, Inc. and Finnish engineering company Synoste Oy.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 2,519,360 1,568,480 1,022,840 958,100 789,040
Sales Growth +60.62% +53.35% +6.76% +21.43% +0.47%
Net Income 102,980 122,870 190,170 149,190 102,290
Net Income Growth -16.19% -35.39% +27.47% +45.85% -34.10%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 5,251,750 5,086,080 2,076,130 1,957,260 1,679,490
Total Assets Growth +3.26% +144.98% +6.07% +16.54% +9.62%
Total Liabilities 1,074,420 1,088,120 229,750 215,880 173,190
Total Liabilities Growth -1.26% +373.61% +6.42% +24.65% +33.60%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 520,640 243,500 178,470 276,270 198,790
Operating Cash Flow Growth +113.82% +36.44% -35.40% +38.98% +15.59%
Net Cash Flow 317,150 316,830 -42,600 -46,330 43,670
Change in Net Cash Flow +0.10% +843.73% +8.05% -206.09% -21.99%
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