Imricor Medical Systems (IMR) Investor presentation summary
Event summary combining transcript, slides, and related documents.
Investor presentation summary
4 May, 2026Strategic vision and market opportunity
Aims to bring MRI-guided interventional cardiac procedures (iCMR) to every cardiac center globally, leveraging 20 years of ecosystem development in MRI-compatible devices and software.
Holds over 90 patents and maintains deep integration with major MRI vendors, creating a defensible technology moat.
Only provider of a commercially viable MRI-compatible cardiac ablation system, targeting a cardiac ablation market projected to grow at ~15% CAGR to $60bn by 2035.
Platform compatibility across major MRI vendors, with expansion into pediatric applications underway.
Equity raising and use of proceeds
Launching an A$60 million institutional placement at A$1.85 per share, a 6.3% discount to last close, representing 10.1% of existing shares.
Proceeds allocated to sales and marketing (31%), R&D (24%), clinical trials and regulatory compliance (27%), and working capital (18%).
Post-raise, pro-forma cash balance expected to be US$74m/A$108m, supporting a cash runway into 2028.
Funds will drive U.S. and Middle East expansion, regulatory approvals, clinical trials, and product portfolio growth.
Product and business model highlights
MRI-compatible ablation and diagnostic catheters, mapping systems, and capital equipment enable real-time, radiation-free cardiac procedures.
Business model combines capital sales with high-margin recurring revenue from consumables and annual licenses.
Each new lab installation generates US$500k–$700k in capital revenue and up to $3m in recurring revenue per hospital annually.
Demonstrated value for all stakeholders: improved patient outcomes, faster procedures, lower costs, and higher hospital throughput.
Latest events from Imricor Medical Systems
- Regulatory and clinical milestones, $44M raised, and global expansion marked FY25.IMR
H2 20254 Jun 2026 - Revenue dropped 52% and net loss widened, but cash reserves and regulatory progress remain strong.IMR
H1 20254 Jun 2026 - Revenue up 56% and regulatory progress set stage for major global expansion in 2025.IMR
H2 20244 Jun 2026 - Revenue up 105%, net loss narrowed, and $35m AUD raised for global expansion and FDA approval.IMR
H1 20244 Jun 2026 - Director elections, incentive plans, and auditor ratification passed with strong support; results pending.IMR
AGM 20268 May 2026 - Major U.S. regulatory wins and clinical expansion drive commercial momentum, with strong funding position.IMR
Q1 2026 TU27 Apr 2026 - World-first MRI-guided ablations and robust cash reserves drive global expansion.IMR
Q4 2025 TU27 Jan 2026 - Shareholders approved key share placements, with results to be released to the ASX today.IMR
EGM 202423 Jan 2026 - MRI-guided ablation is set for rapid adoption, backed by strong clinical results and global expansion.IMR
NWR Virtual Healthcare Conference26 Dec 2025