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Imricor Medical Systems (IMR) investor relations material
Imricor Medical Systems Q4 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved multiple world-first procedures in real-time MRI-guided cardiac ablation, including ischemic VT and preclinical in vivo PFA ablations.
Expanded U.S. clinical trial footprint with UVA Health joining the VISABL-AFL trial and additional U.S. hospitals expected to commence procedures in Q1 2026.
Completed major technology integrations with Philips and advanced GE integration for U.S. market entry.
Focused on execution and conversion of a pipeline exceeding 40 sites, with new iCMR lab constructions underway in Saudi Arabia.
Financial highlights
Net cash outflows from operating activities were US$5.2 million in Q4 CY25, up 7% from Q3 CY25; adjusted for a prior grant, up 2% sequentially.
Receipts from customers totaled US$26,000, temporarily impacted by non-revenue-generating clinical trial enrollments.
Payments for operating costs were US$5.4 million, down 2% from the previous quarter.
Cash and short-term investments at 31 December 2025 totaled US$40.8 million (US$19.5 million cash, US$21.3 million in short-term investments).
Outlook and guidance
Onboarding of U.S. clinical trial sites is expected to allow European sites to resume generating consumable procedure revenue sooner.
Continued regulatory progress and market expansion in Europe, the Middle East, and new geographies such as Australia and New Zealand are key growth drivers.
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