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General information

Country: UNITED STATES

Sector: Medical Devices

Micron Solutions, Inc., through its subsidiary, Micron Products, Inc., operates as a contract manufacturing organization that produces medical device components requiring precision machining and injection molding in the United States and internationally. The company also manufactures components, devices, and equipment for military, law enforcement, automotive, and consumer product applications. Its products include silver/silver chloride coated and conductive resin sensors for use as consumable component parts in integrated disposable electrophysiological sensors that are used in monitoring electrical signals in various medical applications. The company also offers orthopedic implant components; thermoplastic injection molding services; and value added services, including the design, manufacture, and rehabilitation of injection molding tools. It serves original equipment manufacturers, and other contract manufacturing organizations, as well as defense industries. The company was formerly known as Arrhythmia Research Technology, Inc. and changed its name to Micron Solutions, Inc. in March 2017. Micron Solutions, Inc. is based in Fitchburg, Massachusetts.
Website: micronsolutionsinc.com



Growth: Bad revenue growth rate 0.0%, there is slowdown compared to average historical growth rates 14.0%. The revenue growth dynamics is unstable

Profitability: LTM EBITDA margin is negative, -4.2%. On average the margin is decreasing unsteadily. Gross margin is low, +6.3%.

Cash Flow Generation: Dividend yield for the last twelve months 0.0%. Free cash flow yield 0.0% (LTM)

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 100.0% higher than minimum and 100.0% lower than maximum for the last 3 years

AI Insight: the companies with similar growth trajectories, EBITDA margin, industries and geography on average are valued 1.8x by EV / Sales multiple , the company can be >100% undervalued

Key Financials (Download financials)

Ticker: MICR
Share price, USD:  (0.0%)0.0002
year average price 0.5650  


year start price 1.4900 2025-02-09

max close price 1.4900 2025-02-09

min close price 0.0001 2025-06-27

current price 0.0002 2026-02-08
Common stocks: 1 799 151

Dividend Yield:  0.0%
EV / Sales: 0.2x
Margin (EBITDA LTM / Revenue): -4.2%
Fundamental value created in LTM:
Market Cap ($m): 0
Net Debt ($m): 5
EV (Enterprise Value): 5
Price to Book: 0.0x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q1 2022 q4 2022 q3 2022 q2 2022 q1 2021 q4 2020 q4 2019 q4 2018 q4
date 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
symbol MICR MICR MICR MICR MICR MICR MICR MICR MICR
reportedCurrency USD USD USD USD USD USD USD USD USD
cik 819 689 819 689 819 689 819 689 819 689 819 689 819 689 819 689 819 689
fillingDate 2023-03-31 2022-09-30 2022-06-30 2022-03-31
acceptedDate 2023-03-31 00:00:00 2022-12-31 00:00:00 2022-09-29 20:00:00 2022-06-30 2022-03-30 20:00:00 2021-12-31 00:00:00 2020-12-31 00:00:00 2020-03-30 16:32:17 2019-03-19 08:25:05
calendarYear 2023 2022 2022 2022
period Q1 FY Q3 Q2 Q1 FY FY FY FY
revenue 5M 23M 6M 7M 5M 20M 21M 17M 20M
costOfRevenue 5M 20M 5M 6M 4M 19M 17M 16M 17M
grossProfit 323 686 3M 944 900 910 141 397 312 2M 4M 2M 2M
grossProfitRatio 0.063 0.163 0.139 0.085
researchAndDevelopmentExpenses 0 0 0 0 0 0 0 80 357 106 814
generalAndAdministrativeExpenses 898 653 3M 860 996 903 646 915 877 3M 3M 3M 2M
sellingAndMarketingExpenses 166 500 717 618 192 318 193 088 181 457 457 212 528 794 636 167 730 863
sellingGeneralAndAdministrativeExpenses 1M 4M 1M 1M 1M 3M 3M 3M 3M
otherExpenses 0 0 0 0 0 0 0 0 0
operatingExpenses 1M 4M 1M 1M 1M 3M 3M 3M 3M
costAndExpenses 6M 24M 6M 7M 5M 22M 21M 19M 20M
interestIncome 0 0 0 0 0 0 431.544 0
interestExpense 44 743 129 931 31 010 34 204 26 965 128 954 322 673 431 544 391 437
depreciationAndAmortization 216 158 853 438 172 732 219 270 225 206 1M 1M 1M 2M
ebitda -525 309 -308 401 64 318 42 677 -466 816 3M 3M -240 321 799 335
ebitdaratio -0.101 0.011 0.007 -0.1
operatingIncome -741 467 -1M -108 414 -186 592 -700 022 -1M 214 225 -2M -757 580
operatingIncomeRatio -0.143 -0.019 -0.029 -0.149
totalOtherIncomeExpensesNet -44 743 -111 930 -31 010 -24 205 -18 965 3M 933 664 -425 718 -338 559
incomeBeforeTax -786 210 -1M -139 424 -210 797 -718 987 2M 1M -2M -1M
incomeBeforeTaxRatio -0.152 -0.024 -0.032 -0.154
incomeTaxExpense 44 743 1368 31 010 0 1368 0 0 0 2168
netIncome -830 953 -1M -170 434 -210 797 -720 355 2M 782 004 -2M -1M
netIncomeRatio -0.16 -0.029 -0.032 -0.154
eps -0.26 -0.41 -0.054 -0.07 -0.23 0.57 0.27 -0.89 -0.39
epsdiluted -0.26 -0.051 -0.07 -0.23
weightedAverageShsOut 3M 3M 3M 3M 3M 3M 3M 3M 3M
weightedAverageShsOutDil 3M 3M 3M 3M 3M 3M 3M 3M 3M
link
finalLink
filingDate 2022-12-31 2021-12-31 2020-12-31 2020-03-30 2019-03-19
fiscalYear 2022 2021 2020 2019 2018
netInterestIncome -129 931 -128 954 -322 673 -431 112 -391 437
ebit -1M 2M 1M -2M -704 702
nonOperatingIncomeExcludingInterest -18 000 -3M -1M -5826 -52 878
netIncomeFromContinuingOperations -1M 2M 1M -2M -1M
netIncomeFromDiscontinuedOperations 0 0 0 0 0
otherAdjustmentsToNetIncome 0 0 0 0 0
netIncomeDeductions 0 0 0 0 0
bottomLineNetIncome -1M 2M 782 004 -2M -1M
epsDiluted -0.41 0.54 0.27 -0.89 -0.39

Balance Sheet Statement

Property 2023 q1 2022 q4 2022 q3 2022 q2 2022 q1 2021 q4 2020 q4 2019 q4 2018 q4
date 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
symbol MICR MICR MICR MICR MICR MICR MICR MICR MICR
reportedCurrency USD USD USD USD USD USD USD USD USD
cik 819 689 819 689 819 689 819 689 819 689 819 689 819 689 819 689 819 689
fillingDate 2023-03-31 2022-09-30 2022-06-30 2022-03-31
acceptedDate 2023-03-31 00:00:00 2022-12-31 00:00:00 2022-09-29 20:00:00 2022-06-30 2022-03-30 20:00:00 2021-12-31 00:00:00 2020-12-31 00:00:00 2020-03-30 16:32:17 2019-03-19 08:25:05
calendarYear 2023 2022 2022 2022
period Q1 FY Q3 Q2 Q1 FY FY FY FY
cashAndCashEquivalents 6897 5846 3342 4658 0 13 746 570 503 1715
shortTermInvestments 0 0 0 0 0 0 0 0 0
cashAndShortTermInvestments 6897 5846 3342 4658 0 13 746 570 503 1715
netReceivables 3M 3M 3M 3M 3M 2M 4M 2M 2M
inventory 3M 3M 3M 3M 3M 3M 3M 2M 4M
otherCurrentAssets 405 110 510 236 1 434 039 553 908 522 503 0 257 859 1M
totalCurrentAssets 7M 7M 7M 6M 7M 6M 7M 5M 7M
propertyPlantEquipmentNet 4M 5M 5M 5M 6M 6M 3M 4M 5M
goodwill 0 0 0 0 0 0 0 0 0
intangibleAssets 29 776 31 091 32 406 32 436 33 835 35 315 43 945 47 509 53 155
goodwillAndIntangibleAssets 29 776 31 091 32 406 32 436 33 835 35 315 43 945 47 509 53 155
longTermInvestments 0 0 0 0 0 0 0 0 0
taxAssets 0 0 0 0 0 0 0 0 0
otherNonCurrentAssets 4660 4160 4160 89 160 89 160 89 160 4660 5645 5140
totalNonCurrentAssets 5M 5M 5M 5M 6M 6M 3M 4M 5M
otherAssets 0 0 -2 0 0 0 0 0 0
totalAssets 12M 12M 12M 12M 12M 12M 10M 9M 12M
accountPayables 1M 1M 707 144 1M 707 440 769 048 495 798 841 068 1M
shortTermDebt 3M 2M 2M 1M 1M 302 884 4M 5M 2M
taxPayables 0 0 0 0 0 0 0 0 0
deferredRevenue 190 852 72 192 72 192 446 958 968 372 978 055 800 431 5472 560 802
otherCurrentLiabilities 647 936 604 603 1M 738 205 805 627 810 246 0 383 836 459 108
totalCurrentLiabilities 5M 4M 4M 4M 4M 3M 6M 6M 5M
longTermDebt 3M 3M 3M 3M 3M 3M 482 091 470 152 4M
deferredRevenueNonCurrent 0 0 0 0 0 0 0 0 0
deferredTaxLiabilitiesNonCurrent 0 0 0 0 0 0 0 0 0
otherNonCurrentLiabilities 0 0 -4506 0 0 0 0 0 0
totalNonCurrentLiabilities 3M 3M 3M 3M 3M 3M 482 091 470 152 4M
otherLiabilities 0 0 0 0 0 0 0 0 0
capitalLeaseObligations 0 3M 3M 3M 3M 3M 0 0 0
totalLiabilities 8M 7M 7M 7M 7M 6M 7M 7M 8M
preferredStock 0 0 0 0 0 0 0 0 0
commonStock 39 265 39 265 39 265 39 265 39 265 39 265 39 265 39 265 39 265
retainedEarnings -6M -5M -5M -5M -5M -4M -6M -7M -5M
accumulatedOtherComprehensiveIncomeLoss 0 0 0 0 0 0 0 0 0
othertotalStockholdersEquity 10M 10M 10M 10M
totalStockholdersEquity 4M 5M 5M 5M 5M 6M 4M 2M 4M
totalEquity 4M 5M 5M 5M 5M 6M 4M 2M 4M
totalLiabilitiesAndStockholdersEquity 12M 12M 12M 12M
minorityInterest 0 0 0 0 0 0 0 0 0
totalLiabilitiesAndTotalEquity 12M 12M 12M 12M 12M 12M 10M 9M 12M
totalInvestments 0 0 0 0 0 0 0 0 0
totalDebt 5M 5M 5M 5M 5M 4M 4M 5M 6M
netDebt 5M 5M 5M 5M 5M 4M 4M 5M 6M
link
finalLink
filingDate 2022-12-31 2021-12-31 2020-12-31 2020-03-30 2019-03-19
fiscalYear 2022 2021 2020 2019 2018
accountsReceivables 3M 2M 4M 0 0
otherReceivables 0 0 0 2M 2M
prepaids 0 0 364 238 0 0
totalPayables 1M 769 048 495 798 841 068 1M
otherPayables 0 0 0 0 0
accruedExpenses 0 0 736 568 0 0
capitalLeaseObligationsCurrent 0 0 0 0 0
capitalLeaseObligationsNonCurrent 3M 3M 0 0 0
treasuryStock -2M -2M -3M 0 0
additionalPaidInCapital 12M 12M 12M 0 0
otherTotalStockholdersEquity 0 0 0 9M 9M

Cash Flow Statement

Property 2023 q1 2022 q4 2022 q3 2022 q2 2022 q1 2021 q4 2020 q4 2019 q4 2018 q4
date 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
symbol MICR MICR MICR MICR MICR MICR MICR MICR MICR
reportedCurrency USD USD USD USD USD USD USD USD USD
cik 819 689 819 689 819 689 819 689 819 689 819 689 819 689 819 689 819 689
fillingDate 2023-03-31 2022-09-30 2022-06-30 2022-03-31
acceptedDate 2023-03-31 00:00:00 2022-12-31 00:00:00 2022-09-29 20:00:00 2022-06-30 2022-03-30 20:00:00 2021-12-31 00:00:00 2020-12-31 00:00:00 2020-03-30 16:32:17 2019-03-19 08:25:05
calendarYear 2023 2022 2022 2022
period Q1 FY Q3 Q2 Q1 FY FY FY FY
netIncome -786 210 -1M -139 424 -210 795 -720 355 2M 1M -2M -1M
depreciationAndAmortization 216 158 853 438 172 732 219 270 225 206 1M 1M 1M 2M
deferredIncomeTax 0 0 0 0 0 -3M -45 019 -6771 -8360
stockBasedCompensation 49 087 265 932 37 491 37 081 180 716 270 668 187 783 219 257 131 918
changeInWorkingCapital 538 447 -2M -1M 111 155 -816 650 1M -1M 551 231 -85 605
accountsReceivables 261 965 -970 433 -79 075 -353 815 -343 612 1M -2M 172 719 269 444
inventory -184 477 -197 979 -290 804 510 590 -365 723 -270 582 -262 894 1M -348 121
accountsPayables 213 003 350 938 -423 643 423 347 -61 608 273 250 -345 270 -371 833 -343 038
otherWorkingCapital 247 956 -1M -285 568 -521 414 -9683 -463 1M -507 670 336 110
otherNonCashItems 0 38 173 6301 7276 10 904 29 982 78 291 94 393 62 120
netCashProvidedByOperatingActivities 17 482 -2M -1M 163 987 -1M 1M 1M 180 419 505 803
investmentsInPropertyPlantAndEquipment -39 382 -174 114 -45 090 -59 422 -25 489 -987 900 -479 968 -169 131 -804 545
acquisitionsNet 0 0 0 0 0 0 5980 0 0
purchasesOfInvestments 0 0 0 0 0 0 0 0 0
salesMaturitiesOfInvestments 0 0 0 0 0 0 0 0 0
otherInvestingActivites 0 85 000 10000 8000
netCashUsedForInvestingActivites -39 382 39 910 -49 422 -17 489
debtRepayment 0 0 0 0
commonStockIssued 0 0 0 0
commonStockRepurchased 0 0 0 0 0 0 0 0 0
dividendsPaid 0 0 0 0
otherFinancingActivites 22 951 960 765 -109 907 1M
netCashUsedProvidedByFinancingActivities 22 951 960 765 -109 907 1M
effectOfForexChangesOnCash 0 0 0 0 0 0 0 0 0
netChangeInCash 1051 -85 577 -1316 -109 907 1M 163 176 67 -1212 -955 273
cashAtEndOfPeriod 79 220 78 169 3342 4658 0 163 746 570 503 1715
cashAtBeginningOfPeriod 78 169 163 746 4658 0 13 746 570 503 1715 956 988
operatingCashFlow 17 482 -2M -1M 163 987 -1M 1M 1M 180 419 505 803
capitalExpenditure -39 382 -174 114 -45 090 -59 422 -25 489 -987 900 -479 968 -169 131 -804 545
freeCashFlow -21 900 -2M -1M 104 565 -1M 286 212 827 811 11 288 -298 742
link
finalLink
filingDate 2022-12-31 2021-12-31 2020-12-31 2020-03-30 2019-03-19
fiscalYear 2022 2021 2020 2019 2018
otherInvestingActivities 18 000 4M 0 695 936 8360
netCashProvidedByInvestingActivities -156 114 3M -473 988 526 805 -796 185
netDebtIssuance 2M -4M -894 724 0 0
longTermNetDebtIssuance -37 900 -3M -457 143 0 0
shortTermNetDebtIssuance 2M -836 718 -437 581 0 0
netStockIssuance 75 000 113 522 61 000 0 0
netCommonStockIssuance 75 000 113 522 61 000 0 0
commonStockIssuance 75 000 113 522 61 000 0 0
netPreferredStockIssuance 0 0 0 0 0
netDividendsPaid 0 0 0 0 0
commonDividendsPaid 0 0 0 0 0
preferredDividendsPaid 0 0 0 0 0
otherFinancingActivities 0 0 0 -708 436 -664 891
netCashProvidedByFinancingActivities 2M -4M -833 724 -708 436 -664 891
incomeTaxesPaid 0 0 0 0 0
interestPaid 0 0 0 0 0

Earning call transcript