Picard Medical, Inc. (PMI)

Picard Medical will go public soon. The estimated IPO date is August 22, 2025.

IPO Price Range

$3.50 - $4.50

Shares Offered

4,250,000

Deal Size

$17.00M

Picard Medical Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	4.39	5.04
Revenue Growth (YoY)	-12.93%	-
Cost of Revenue	4.5	7.35
Gross Profit	-0.11	-2.31
Selling, General & Admin	10.22	10.98
Research & Development	3.38	2.21
Operating Expenses	13.6	13.19
Operating Income	-13.71	-15.5
Interest Expense / Income	3.07	0.14
Other Expense / Income	4.29	-0.07
Pretax Income	-23.75	-18
Income Tax	-0.02	-0
Net Income	-21.06	-15.57
Preferred Dividends	2.68	2.43
Net Income Common	-23.74	-18
Free Cash Flow	-11.87	-10.64
Gross Margin	-2.55%	-45.83%
Operating Margin	-312.27%	-307.40%
Profit Margin	-540.58%	-356.97%
Free Cash Flow Margin	-270.42%	-211.01%
EBITDA	-17.75	-17.28
EBITDA Margin	-404.28%	-342.67%
Depreciation & Amortization	2.93	0.59
EBIT	-20.69	-17.87
EBIT Margin	-471.08%	-354.27%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).