Financials Artivion, Inc.

Stocks

AORT

US2289031005

Medical Equipment, Supplies & Distribution

Market Closed - NYSE Other stock markets 00:00:02 16/07/2026 +04			5-day change	1st Jan Change
24.31 ^USD	+5.10%		+3.10%	-46.70%

06-29	Artivion, Inc.(NYSE:AORT) dropped from Russell 2000 Defensive Index	CI
06-29	Artivion, Inc.(NYSE:AORT) dropped from Russell Microcap Value Benchmark Index	CI

Projected Income Statement: Artivion, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	298.8	313.8	354	388.5	441.3	486.2	539.8	600.8
Change	-	5%	12.82%	9.75%	13.59%	10.17%	11.01%	11.3%
EBITDA ¹	44.28	41.56	53.82	71.26	89.6	94.3	115.5	139.7
Change	-	-6.13%	29.48%	32.41%	25.73%	5.24%	22.53%	20.87%
EBIT ¹	8.117	6.201	5.742	38.87	33.74	32.57	58.29	80.33
Change	-	-23.6%	-7.4%	577.01%	-13.19%	-3.48%	78.95%	37.81%
Interest Paid ¹	-16.89	-18.22	-25.3	-34.28	-26.58	-28.4	-32.03	-26.83
Earnings before Tax (EBT) ¹	-14.83	-14.98	-21.59	-7.514	14.78	5.317	28.04	51.27
Change	-	-1.06%	-44.06%	65.19%	296.7%	-64.03%	427.49%	82.83%
Net income ¹	-14.83	-19.19	-30.69	-13.36	9.768	4.4	22.59	39.24
Change	-	-29.38%	-59.91%	56.47%	173.12%	-54.95%	413.33%	73.75%
Announcement Date	17/02/22	16/02/23	15/02/24	24/02/25	12/02/26	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1
Net sales ¹	76.15	72.21	79.39	77.21	80.34	76.84	79.4	83.23	89.25	87.85	93.67	97.43	98.02	95.78	97.31	98.98	113	113.4	116	116.3	120	121.5	128.4	130.2	134.4	136.1	143.2	146.5
Change	-	-5.18%	9.95%	-2.75%	4.05%	-4.36%	3.33%	4.83%	7.24%	-1.57%	6.62%	4.02%	0.6%	-2.29%	1.6%	1.72%	14.14%	0.37%	2.3%	0.3%	3.16%	1.22%	5.7%	1.4%	3.23%	1.27%	5.17%	2.32%
EBITDA ¹	12.8	9.334	10.77	9.987	10.26	10.36	10.96	10.8	13.82	13.86	15.33	17.31	18.64	17.7	17.61	17.55	24.76	24.57	22.72	22.08	21.72	23.85	26.64	26.09	28.7	29.09	31.72	31.34
Change	-	-27.1%	15.36%	-7.25%	2.76%	0.99%	5.77%	-1.44%	27.91%	0.28%	10.62%	12.91%	7.69%	-5.05%	-0.54%	-0.33%	41.12%	-0.8%	-7.51%	-2.81%	-1.65%	9.83%	11.7%	-2.08%	10%	1.37%	9.04%	-1.21%
EBIT ¹	1.323	14.69	-9.339	1.636	4.541	-4.106	4.13	-3.861	7.675	-1.244	3.172	25.31	6.507	4.387	2.669	2.145	8.384	12.54	10.68	5.787	7.302	7.942	11.53	12.13	14.64	15.4	18.44	16.75
Change	-	1,010.13%	-163.59%	117.52%	177.57%	-190.42%	200.58%	-193.49%	298.78%	-116.21%	354.98%	697.95%	-74.29%	-32.58%	-39.16%	-19.63%	290.86%	49.52%	-14.81%	-45.81%	26.17%	8.77%	45.2%	5.19%	20.72%	5.17%	19.72%	-9.15%
Charge d'intérêts ¹	-4.855	-4.1	-3.892	-3.948	-4.101	-4.805	-5.37	-6.096	-6.356	-6.603	-6.244	-7.826	-8.304	-8.405	-9.742	-7.663	-7.27	-6.119	-5.53	-5.367	-7.033	-7.933	-8.083	-8	-8	-8	-8	-8
Earnings before Tax (EBT) ¹	-2.183	7.944	-16.09	-2.429	-3.3	-12.53	3.277	-8.919	-2.657	-9.419	-0.591	12.78	-2.427	-1.266	-16.6	-2.295	3.482	7.056	6.537	0.339	0.5033	0.4933	3.9	4.167	6.68	7.437	10.47	8.76
Change	-	463.9%	-302.51%	84.9%	-35.86%	-279.76%	126.15%	-372.17%	70.21%	-254.5%	93.73%	2,262.61%	-118.99%	47.84%	-1,211.37%	86.18%	251.72%	102.64%	-7.36%	-94.81%	48.47%	-1.99%	690.55%	6.84%	60.32%	11.33%	40.83%	-16.36%
Net income ¹	-2.178	10.58	-20.1	-3.389	-4.259	-13.71	2.169	-13.53	-3.382	-9.801	-3.975	7.533	-2.121	-2.288	-16.48	-0.505	1.345	6.502	2.426	1.417	0.2129	-0.1243	2.88	3.38	5.303	5.997	8.527	7.01
Change	-	585.86%	-289.95%	83.14%	-25.67%	-221.98%	115.82%	-723.88%	75.01%	-189.8%	59.44%	289.51%	-128.16%	-7.87%	-620.41%	96.94%	366.34%	383.42%	-62.69%	-41.59%	-84.98%	-158.39%	2,417.16%	17.36%	56.9%	13.07%	42.19%	-17.79%
Announcement Date	29/07/21	04/11/21	17/02/22	05/05/22	04/08/22	03/11/22	16/02/23	04/05/23	03/08/23	02/11/23	15/02/24	06/05/24	08/08/24	07/11/24	24/02/25	05/05/25	07/08/25	06/11/25	12/02/26	07/05/26	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Artivion, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt	258	273	-	-	-	-	-	-
Change	-	5.81%	-	-	-	-	-	-
Announcement Date	17/02/22	16/02/23	15/02/24	24/02/25	12/02/26	-	-	-

Estimates

Cash Flow Forecast: Artivion, Inc.

Fiscal Period: December	2022	2023	2024	2025	2026	2027
CAPEX ¹	9.016	7.43	11.19	39.04	28.45	41.6
Change	-	-17.59%	50.58%	248.95%	-27.13%	46.22%
Free Cash Flow (FCF) ¹	-	-	-	-	-19.4	19.4
Change	-	-	-	-	-	200%
Announcement Date	16/02/23	15/02/24	24/02/25	12/02/26	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Artivion, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	-	14.82%	13.25%	15.2%	18.34%	20.3%	19.39%	21.41%	23.25%
EBIT Margin (%)	-	2.72%	1.98%	1.62%	10.01%	7.65%	6.7%	10.8%	13.37%
EBT Margin (%)	-	-4.96%	-4.78%	-6.1%	-1.93%	3.35%	1.09%	5.2%	8.53%
Net margin (%)	-	-4.96%	-6.12%	-8.67%	-3.44%	2.21%	0.9%	4.18%	6.53%
FCF margin (%)	-	-	-	-	-	-	-3.99%	3.59%	-
FCF / Net Income (%)	-	-	-	-	-	-	-440.91%	85.89%	-
Profitability
ROA	0.62%	0.13%	-0.22%	1.21%	2.21%	2.34%	-	-	-
ROE	-5.43%	-4.71%	-6.56%	-10.84%	-4.79%	2.7%	-	-	-
Financial Health
Leverage (Debt/EBITDA)	-	5.82x	6.56x	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	2.87%	2.1%	2.88%	8.85%	5.85%	7.71%	-
CAPEX / EBITDA (%)	-	-	21.69%	13.81%	15.7%	43.57%	30.17%	36%	-
CAPEX / FCF (%)	-	-	-	-	-	-	-146.65%	214.43%	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	7.535	7.048	-	-	-	-	-	-
Change	-	-	-6.47%	-	-	-	-	-	-
EPS ¹	-	-0.38	-0.48	-0.75	-0.32	0.21	0.0838	0.4075	0.79
Change	-	-	-26.32%	-56.25%	57.33%	165.62%	-60.12%	386.57%	93.87%
Nbr of stocks (in thousands)	-	39,330	40,329	41,049	41,920	47,375	48,543	48,543	48,543
Announcement Date	-	17/02/22	16/02/23	15/02/24	24/02/25	12/02/26	-	-	-