Avinger, Inc. (AVGR)

Avinger Statistics

Total Valuation

Avinger has a market cap or net worth of $2.42 million. The enterprise value is $2.11 million.

Market Cap	2.42M
Enterprise Value	2.11M

Important Dates

The last earnings date was Thursday, November 7, 2024, after market close.

Earnings Date	Nov 7, 2024
Ex-Dividend Date	n/a

Share Statistics

Avinger has 3.20 million shares outstanding. The number of shares has increased by 371.05% in one year.

Current Share Class	3.20M
Shares Outstanding	3.20M
Shares Change (YoY)	+371.05%
Shares Change (QoQ)	+36.11%
Owned by Insiders (%)	6.07%
Owned by Institutions (%)	1.89%
Float	2.03M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.29
Forward PS	0.20
PB Ratio	0.54
P/TBV Ratio	0.62
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	0.29
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.21, with a Debt / Equity ratio of 1.44.

Current Ratio	1.21
Quick Ratio	0.71
Debt / Equity	1.44
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-15.56

Financial Efficiency

Return on equity (ROE) is -1,476.32% and return on invested capital (ROIC) is -93.91%.

Return on Equity (ROE)	-1,476.32%
Return on Assets (ROA)	-69.57%
Return on Capital (ROIC)	-93.91%
Revenue Per Employee	$100,861
Profits Per Employee	-$241,014
Employee Count	72
Asset Turnover	0.46
Inventory Turnover	1.23

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -76.69% in the last 52 weeks. The beta is 1.16, so Avinger's price volatility has been higher than the market average.

Beta (5Y)	1.16
52-Week Price Change	-76.69%
50-Day Moving Average	0.92
200-Day Moving Average	2.11
Relative Strength Index (RSI)	35.21
Average Volume (20 Days)	52,561

Short Selling Information

The latest short interest is 107,400, so 3.35% of the outstanding shares have been sold short.

Short Interest	107,400
Short Previous Month	122,403
Short % of Shares Out	3.35%
Short % of Float	5.30%
Short Ratio (days to cover)	0.22

Income Statement

In the last 12 months, Avinger had revenue of $7.26 million and -$17.35 million in losses. Loss per share was -$6.23.

Revenue	7.26M
Gross Profit	1.52M
Operating Income	-17.50M
Pretax Income	-19.38M
Net Income	-17.35M
EBITDA	-17.18M
EBIT	-17.50M
Loss Per Share	-$6.23

Balance Sheet

The company has $5.90 million in cash and $5.60 million in debt, giving a net cash position of $306,000 or $0.10 per share.

Cash & Cash Equivalents	5.90M
Total Debt	5.60M
Net Cash	306,000
Net Cash Per Share	$0.10
Equity (Book Value)	3.88M
Book Value Per Share	1.39
Working Capital	1.98M

Cash Flow

Operating Cash Flow	-14.55M
Capital Expenditures	n/a
Free Cash Flow	-14.55M
FCF Per Share	-$4.54

Margins

Gross margin is 20.94%, with operating and profit margins of -240.98% and -256.25%.

Gross Margin	20.94%
Operating Margin	-240.98%
Pretax Margin	-256.25%
Profit Margin	-256.25%
EBITDA Margin	-236.57%
EBIT Margin	-240.98%
FCF Margin	-204.99%

Dividends & Yields

Avinger does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-371.05%
Shareholder Yield	-371.05%
Earnings Yield	-718.49%
FCF Yield	-602.51%

Analyst Forecast

The average price target for Avinger is $5.00, which is 562.95% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$5.00
Price Target Difference	562.95%
Analyst Consensus	Strong Buy
Analyst Count	1
Revenue Growth Forecast (5Y)	29.77%
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on September 13, 2023. It was a reverse split with a ratio of 0.0666667:1.

Last Split Date	Sep 13, 2023
Split Type	Reverse
Split Ratio	0.0666667:1

Scores

Avinger has an Altman Z-Score of -47.99 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-47.99
Piotroski F-Score	3