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Inari Medical Inc (NARI)

Inari Medical Inc (NARI)
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Inari Medical, Inc. is a commercial-stage medical device company committed toward developing products to treat and change the lives of patients suffering from venous diseases. Its initial product offering comprises 2 minimally-invasive, novel catheter-based mechanical thrombectomy devices. It built its products purposely on the basis of the specific characteristics of the venous system and the treatment of the two distinct indications of venous thromboembolism or VTE (deep vein thrombosis and pulmonary embolism/ PE). Its FlowTriever product is the first thrombectomy system, which is FDA-cleared, used for the treatment of PE. Its advanced systems & processes to control the key relationships between its sales representatives and treating physicians like cardiologists, radiologists, helps it to quickly iterate products, launch and execute physician education and training programs and scale its sales organization. The company markets and sells its products to hospitals across the U.S.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Sales 493,630 383,470 276,980 139,670 51,130
Sales Growth +28.73% +38.45% +98.31% +173.17% +648.61%
Net Income -1,640 -29,270 9,840 13,790 -1,190
Net Income Growth +94.40% -397.46% -28.64% +1,258.82% +88.28%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Total Assets 674,240 504,150 311,540 214,090 44,550
Total Assets Growth +33.74% +61.83% +45.52% +380.56% unch
Total Liabilities 209,330 87,150 72,330 13,840 29,520
Total Liabilities Growth +140.20% +20.49% +422.62% -53.12% unch
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Operating Cash Flow 35,930 -13,970 25,490 1,910 -4,940
Operating Cash Flow Growth +357.19% -154.81% +1,234.56% +138.66% +54.64%
Net Cash Flow -21,010 -32,530 -21,870 90,590 2,140
Change in Net Cash Flow +35.41% -48.74% -124.14% +4,133.18% -85.84%
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