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Imricor Medical Systems
Imricor Medical Systems (IMR) investor relations material
Imricor Medical Systems H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2025 earnings summary24 Feb, 2026
Executive summary
Achieved CE Mark approval for second-generation ablation catheter, NorthStar MRI-native 3D mapping system, and capital equipment in Europe under EU MDR.
Performed world-first in vivo PFA ablations and first-in-human ischemic VT ablation under real-time MRI guidance, validating the technology and field.
Expanded clinical trial footprint in the US and Europe, with new hospital sites, regulatory submissions, and VISABL-AFL trial expansion.
Commercial readiness advanced with Philips MRI platform integration, European sales team expansion, and customer pipeline growth from 7 to 40 sites.
Strengthened leadership and board to support commercialization and growth.
Financial highlights
FY 2025 revenue was $292,000, down from $959,000 year-over-year, mainly due to non-revenue-generating clinical trial procedures.
Consumable device sales fell 63% to $171,000; equipment revenues also declined.
Operating cash outflow was $19 million, up $3.5 million from the prior year, reflecting increased investment in commercial and regulatory activities.
Net loss before tax was $25.3 million, a 15% improvement from the prior year, but adjusted net loss rose 33% to $20.99 million.
Cash and marketable securities totaled $40.8 million at year-end.
Outlook and guidance
Positioned to scale commercially in Europe, Middle East, and soon the U.S. as regulatory approvals progress.
Anticipates FDA approval for U.S. commercial release of platform technology and further 510(k) submissions in the next 3–6 months.
Expects acceleration in consumable revenues and capital sales as clinical trial sites convert to commercial use.
New site activations expected in the US, ANZ, Nordics, and Middle East within 6–12 months.
VISABL-AFL trial completion and platform approval targeted for this calendar year.
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Next Imricor Medical Systems earnings date
Q1 202628 Apr, 2026
Imricor Medical Systems
Next Imricor Medical Systems earnings date
Q1 202628 Apr, 2026
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Frequently asked questions
Imricor Medical Systems Inc. specializes in the development of innovative MRI-compatible medical devices for MRI-guided cardiac catheter ablation procedures. Their products aim to enhance the success rates and reduce the overall costs of these procedures. Key products from Imricor include the Vision-MR Ablation Catheter and the Advantage-MR EP Recorder/Stimulator, both designed for use under real-time MRI guidance to offer a safer, faster, and more effective treatment compared to traditional x-ray guided catheter ablation methods. Imricor Medical Systems Inc. is headquartered in Burnsville, Minnesota, and its shares are listed on the ASX.
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