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Visual24 Oct 2025
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Acutus Medical (AFIB) investor relations material
Acutus Medical Q4 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2024 earnings summary24 Mar, 2025
Executive summary
2024 revenue from continuing operations reached $20.2 million, up 181% year-over-year from $7.2 million.
Operating loss for continuing operations narrowed to $0.1 million from $11.7 million last year.
Net loss from continuing operations was $4.6 million, with net loss per share at $0.16, compared to $11.9 million and $0.40 per share last year.
Loss on discontinued operations was $5.0 million, a significant improvement from $69.7 million last year.
Company realigned focus to left-heart access products and exited electrophysiology mapping and ablation businesses.
Financial highlights
Gross margin for continuing operations improved to 5% from negative 44% year-over-year, driven by higher production volumes and reduced overhead.
Operating expenses for continuing operations dropped to $1.1 million from $8.6 million, reflecting reduced discretionary spend.
Cash, cash equivalents, marketable securities, and restricted cash totaled $14.0 million as of December 31, 2024.
Gain on sale of business was $10.8 million, up 19% year-over-year.
Outlook and guidance
No further financial guidance will be provided due to the business realignment and exit from certain business lines.
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Frequently asked questions
Acutus Medical, Inc. is a medical device company focused on developing technologies for the diagnosis and treatment of cardiac arrhythmias, particularly atrial fibrillation. The company offers a range of products, including mapping and imaging systems designed to provide real-time, high-resolution data to guide electrophysiologists during cardiac ablation procedures. The company is headquartered in Carlsbad, United States, and its shares are listed on the NASDAQ.
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