Shoulder Innovations, Inc. (SI)

Shoulder Innovations Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023
Revenue	34.57	31.62	19.27
Revenue Growth (YoY)	-	64.07%	-
Cost of Revenue	7.96	7.28	4
Gross Profit	26.61	24.34	15.27
Selling, General & Admin	37.3	34.51	23.11
Research & Development	5	4.49	3.02
Operating Expenses	42.31	38.99	26.13
Operating Income	-15.69	-14.65	-10.86
Interest Expense	-1.37	-1.32	-0.76
Other Non Operating Income (Expenses)	-0.11	-0.13	0.1
EBT Excluding Unusual Items	-17.16	-16.1	-11.53
Gain (Loss) on Sale of Investments	0.48	0.48	-
Other Unusual Items	-	-	-1.13
Pretax Income	-16.68	-15.62	-12.66
Net Income	-16.68	-15.62	-12.66
Net Income to Common	-16.68	-15.62	-12.66
Shares Outstanding (Basic)	1	0	0
Shares Outstanding (Diluted)	1	0	0
Shares Change (YoY)	-	12.51%	-
EPS (Basic)	-12.05	-242.04	-220.65
EPS (Diluted)	-12.05	-242.04	-220.65
Free Cash Flow	-20.7	-18.16	-15.89
Free Cash Flow Per Share	-14.95	-281.39	-277.09
Gross Margin	76.98%	76.97%	79.23%
Operating Margin	-45.39%	-46.34%	-56.37%
Profit Margin	-48.25%	-49.39%	-65.66%
Free Cash Flow Margin	-59.87%	-57.42%	-82.45%
EBITDA	-13.63	-12.76	-9.52
EBITDA Margin	-39.41%	-40.34%	-49.41%
D&A For EBITDA	2.07	1.9	1.34
EBIT	-15.69	-14.65	-10.86
EBIT Margin	-45.39%	-46.34%	-56.37%
Advertising Expenses	-	0.87	0.59

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q