Try our mobile app

Switch to company model in classical logic    *

General information

Country: UNITED STATES

Sector: Medical Devices

Eargo, Inc., a consumer-focused medical device company, develops and sells hearing aids to assist people with hearing loss in the United States. It sells its products through online stores. The company was formerly known as Aria Innovations, Inc. and changed its name to Eargo, Inc. in November 2014. Eargo, Inc. was founded in 2010 and is headquartered in San Jose, California.
Website: eargo.com



Growth: Good revenue growth rate 43.8%, are preserved at an average historical level 43.8% Site traffic for the last 3 months showed a change of +39.1%

Profitability: LTM EBITDA margin is negative, -55.3%. On average the margin is decreasing steadily. Gross margin is high, +71.8%. In the last quarter the company beat the estimated EPS. The company was ahead of estimated EPS in 20% of quarters (showing a gain of -$7.12 per share on average)

Cash Flow Generation: Dividend yield for the last twelve months 0.0%. Free cash flow yield 317.3% (LTM)

Undervaluation: Fundamental value created in LTM (estimate)


Entry Point: Share price is 60.6% higher than minimum and 82.3% 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 1.1x by EV / Sales multiple

Key Financials (Download financials)

Ticker: EAR
Share price, USD:  (0.0%)2.57
year average price 2.57  


year start price 2.57 2025-01-08

max close price 2.57 2025-01-08

min close price 2.57 2025-01-08

current price 2.57 2026-01-07
Common stocks: 20 726 800

Dividend Yield:  0.0%
EV / Sales: -1.3x
Margin (EBITDA LTM / Revenue): -55.3%
Fundamental value created in LTM:
Market Cap ($m): 53
Net Debt ($m): -163
EV (Enterprise Value): -110
Price to Book: 1.2x

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

News


2023-10-30InvestorPlace

Why Is Eargo (EAR) Stock Up 50% Today?

2023-05-11Seeking Alpha

Eargo, Inc. (EAR) Q1 2023 Earnings Call Transcript
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol EAR EAR EAR EAR EAR
reportedCurrency USD USD USD USD USD
cik 2M 2M 2M 2M 2M
fillingDate 2023-11-07 2023-08-10 2023-05-11 2023-03-23 2022-11-07
acceptedDate 2023-11-07 16:07:30 2023-08-10 16:26:32 2023-05-11 16:32:05 2023-03-23 16:31:55 2022-11-07 16:07:00
calendarYear 2023 2023 2023 2022 2022
period Q3 Q2 Q1 Q4 Q3
revenue 8M 8M 12M 13M 8M
costOfRevenue 4M 6M 7M 7M 6M
grossProfit 4M 2M 5M 6M 2M
grossProfitRatio 0.524 0.201 0.434 0.477 0.24
researchAndDevelopmentExpenses 5M 5M 5M 4M 5M
generalAndAdministrativeExpenses 7M 9M 10M 10M 12M
sellingAndMarketingExpenses 9M 13M 13M 16M 11M
sellingGeneralAndAdministrativeExpenses 17M 22M 23M 26M 23M
otherExpenses 0 0 0 -21M 0
operatingExpenses 21M 27M 28M 30M 28M
costAndExpenses 25M 34M 35M 37M 34M
interestIncome 620 000 654 000 870 000 716 000 419 000
interestExpense 0 0 -870 000 130 000 419 000
depreciationAndAmortization 969 000 1M 2M -20M -25M
ebitda -18M -24M -21M -44M -51M
ebitdaratio -2.17 -2.951 -1.747 -3.381 -6.402
operatingIncome -18M -26M -23M -24M -26M
operatingIncomeRatio -2.17 -3.183 -1.929 -1.849 -3.294
totalOtherIncomeExpensesNet 620 000 654 000 870 000 -20M -25M
incomeBeforeTax -17M -25M -22M -44M -51M
incomeBeforeTaxRatio -2.095 -3.102 -1.856 -3.381 -6.402
incomeTaxExpense 0 0 -870 000 100 000 -2M
netIncome -17M -25M -22M -44M -49M
netIncomeRatio -2.095 -3.102 -1.856 -3.389 -6.183
eps -0.83 -1.21 -1.06 -4.42 -24.82
epsdiluted -0.83 -1.21 -1.06 -4.42 -24.82
weightedAverageShsOut 21M 21M 21M 10M 2M
weightedAverageShsOutDil 21M 21M 21M 10M 2M
link Link Link Link Link Link
finalLink Link Link Link Link Link

Balance Sheet Statement

Property 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol EAR EAR EAR EAR EAR
reportedCurrency USD USD USD USD USD
cik 2M 2M 2M 2M 2M
fillingDate 2023-11-07 2023-08-10 2023-05-11 2023-03-23 2022-11-07
acceptedDate 2023-11-07 16:07:30 2023-08-10 16:26:32 2023-05-11 16:32:05 2023-03-23 16:31:55 2022-11-07 16:07:00
calendarYear 2023 2023 2023 2022 2022
period Q3 Q2 Q1 Q4 Q3
cashAndCashEquivalents 46M 61M 80M 101M 88M
shortTermInvestments 0 0 0 0 0
cashAndShortTermInvestments 46M 61M 80M 101M 88M
netReceivables 1M 961 000 2M 2M 1M
inventory 4M 5M 5M 5M 5M
otherCurrentAssets 5M 6M 1M 8M 417 000
totalCurrentAssets 57M 73M 98M 116M 99M
propertyPlantEquipmentNet 12M 12M 14M 13M 15M
goodwill 0 873 000 873 000 873 000 873 000
intangibleAssets 744 000 850 000 956 000 1M 1M
goodwillAndIntangibleAssets 744 000 2M 2M 2M 2M
longTermInvestments 0 0 0 0 0
taxAssets 0 0 0 0 0
otherNonCurrentAssets 606 000 724 000 779 000 906 000 210 000
totalNonCurrentAssets 13M 15M 17M 16M 17M
otherAssets 0 0 0 0 0
totalAssets 70M 88M 115M 132M 117M
accountPayables 5M 4M 9M 7M 6M
shortTermDebt 624 000 602 000 695 000 628 000 126M
taxPayables 0 0 0 0 0
deferredRevenue 11M 15M 0 0 0
otherCurrentLiabilities 1M 1M 15M 18M 15M
totalCurrentLiabilities 18M 21M 25M 25M 147M
longTermDebt 7M 7M 7M 6M 6M
deferredRevenueNonCurrent 0 0 0 0 0
deferredTaxLiabilitiesNonCurrent 0 0 0 0 0
otherNonCurrentLiabilities 0 0 0 0 -126M
totalNonCurrentLiabilities 7M 7M 7M 6M 6M
otherLiabilities 0 0 0 0 0
capitalLeaseObligations 0 0 8M 7M 7M
totalLiabilities 25M 28M 32M 31M 153M
preferredStock 0 0 0 0 0
commonStock 2000 2000 2000 2000 4000
retainedEarnings -579M -561M -536M -514M -471M
accumulatedOtherComprehensiveIncomeLoss 0 0 0 0 0
othertotalStockholdersEquity 624M 621M 619M 615M 434M
totalStockholdersEquity 45M 60M 82M 101M -36M
totalEquity 45M 60M 82M 101M -36M
totalLiabilitiesAndStockholdersEquity 70M 88M 115M 132M 117M
minorityInterest 0 0 0 0 0
totalLiabilitiesAndTotalEquity 70M 88M 115M 132M 117M
totalInvestments 0 0 0 0 0
totalDebt 8M 8M 8M 7M 132M
netDebt -38M -53M -72M -95M 44M
link Link Link Link Link Link
finalLink Link Link Link Link Link

Cash Flow Statement

Property 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3
date 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
symbol EAR EAR EAR EAR EAR
reportedCurrency USD USD USD USD USD
cik 2M 2M 2M 2M 2M
fillingDate 2023-11-07 2023-08-10 2023-05-11 2023-03-23 2022-11-07
acceptedDate 2023-11-07 16:07:30 2023-08-10 16:26:32 2023-05-11 16:32:05 2023-03-23 16:31:55 2022-11-07 16:07:00
calendarYear 2023 2023 2023 2022 2022
period Q3 Q2 Q1 Q4 Q3
netIncome -17M -25M -22M -44M -51M
depreciationAndAmortization 969 000 1M 1M 1M 1M
deferredIncomeTax 1M 905 000 0 0 0
stockBasedCompensation 3M 3M 3M 2M 3M
changeInWorkingCapital -2M 1M -4M -1M 7M
accountsReceivables -261 000 883 000 -133 000 -943 000 11M
inventory 974 000 -523 000 199 000 -83 000 2M
accountsPayables 676 000 -5M 3M -428 000 928 000
otherWorkingCapital -4M 6M -8M -19 000 -7M
otherNonCashItems 255 000 253 000 349 000 21M 25M
netCashProvidedByOperatingActivities -15M -19M -21M -20M -14M
investmentsInPropertyPlantAndEquipment -19 000 -137 000 -132 000 -260 000 -475 000
acquisitionsNet 0 0 0 0 0
purchasesOfInvestments 0 0 0 0 0
salesMaturitiesOfInvestments 0 0 0 0 0
otherInvestingActivites 0 0 0 0 0
netCashUsedForInvestingActivites -19 000 -137 000 -132 000 -260 000 -475 000
debtRepayment 0 0 0 -16M 0
commonStockIssued 0 0 0 28M 0
commonStockRepurchased 0 0 0 0 0
dividendsPaid 0 0 0 0 0
otherFinancingActivites 0 0 0 23M -4M
netCashUsedProvidedByFinancingActivities 0 0 0 34M -4M
effectOfForexChangesOnCash 0 0 0 0 0
netChangeInCash -15M -19M -21M 13M -19M
cashAtEndOfPeriod 46M 61M 80M 101M 88M
cashAtBeginningOfPeriod 61M 80M 101M 88M 107M
operatingCashFlow -15M -19M -21M -20M -14M
capitalExpenditure -19 000 -137 000 -132 000 -260 000 -475 000
freeCashFlow -15M -19M -21M -21M -14M
link Link Link Link Link Link
finalLink Link Link Link Link Link

Earning call transcript

2023 q1
2023-05-11 ET (fiscal 2023 q1)
2022 q4
2023-03-23 ET (fiscal 2022 q4)
2022 q3
2022-11-06 ET (fiscal 2022 q3)
2022 q2
2022-08-08 ET (fiscal 2022 q2)

SEC forms

Show financial reports only

SEC form 10
2023-11-07 00:00 ET
Eargo reported for 2023 q3
SEC form 8
2023-08-10 00:00 ET
Eargo reported for 2023 q2
SEC form 10
2023-08-10 00:00 ET
Eargo reported for 2023 q2
SEC form 10
2023-05-11 16:32 ET
Eargo reported for 2023 q1
SEC form 6
2023-05-11 16:11 ET
Eargo reported for 2023 q1
SEC form 8
2023-05-11 00:00 ET
Eargo reported for 2023 q1
SEC form 10
2023-05-11 00:00 ET
Eargo reported for 2023 q1
SEC form 6
2023-04-24 16:45 ET
Eargo published news for 2023 q1
SEC form 10
2023-03-23 16:31 ET
Eargo reported for 2022 q4
SEC form 6
2023-03-23 16:11 ET
Eargo reported for 2022 q4
SEC form 10
2023-03-23 00:00 ET
Eargo reported for 2022 q4
SEC form 8
2023-03-23 00:00 ET
Eargo reported for 2022 q4
SEC form 6
2023-02-06 16:12 ET
Eargo published news for 2022 q4
SEC form 6
2023-01-17 16:13 ET
Eargo published news for 2022 q4
SEC form 6
2023-01-13 16:31 ET
Eargo published news for 2022 q4
SEC form 6
2023-01-11 07:11 ET
Eargo published news for 2022 q4
SEC form 6
2023-01-04 17:10 ET
Eargo published news for 2022 q4
SEC form 6
2022-12-15 16:06 ET
Eargo published news for 2022 q3
SEC form 6
2022-12-12 16:15 ET
Eargo published news for 2022 q3
SEC form 6
2022-12-09 16:05 ET
Eargo published news for 2022 q3
SEC form 6
2022-12-09 16:05 ET
Eargo published news for 2022 q3
SEC form 6
2022-12-09 16:05 ET
Eargo published news for 2022 q3
SEC form 6
2022-12-09 16:05 ET
Eargo published news for 2022 q3
SEC form 6
2022-12-07 16:19 ET
Eargo published news for 2022 q3
SEC form 6
2022-11-29 16:17 ET
Eargo published news for 2022 q3
SEC form 6
2022-11-18 16:02 ET
Eargo published news for 2022 q3
SEC form 6
2022-11-16 16:11 ET
Eargo published news for 2022 q3
SEC form 6
2022-11-07 16:55 ET
Eargo published news for 2022 q3
SEC form 10
2022-11-07 16:07 ET
Eargo reported for 2022 q3
SEC form 10
2022-11-07 00:00 ET
Eargo reported for 2022 q3
SEC form 6
2022-11-03 16:16 ET
Eargo reported for 2022 q3
SEC form 8
2022-11-03 00:00 ET
Eargo reported for 2022 q3
SEC form 6
2022-10-17 16:07 ET
Eargo published news for 2022 q3
SEC form 6
2022-10-13 16:09 ET
Eargo published news for 2022 q3
SEC form 6
2022-10-03 16:34 ET
Eargo published news for 2022 q3
SEC form 6
2022-09-30 08:46 ET
Eargo published news for 2022 q2
SEC form 6
2022-09-13 16:41 ET
Eargo published news for 2022 q2
SEC form 6
2022-08-12 16:07 ET
Eargo published news for 2022 q2
SEC form 10
2022-08-08 16:41 ET
Eargo reported for 2022 q2
SEC form 6
2022-08-08 16:07 ET
Eargo reported for 2022 q2
SEC form 10
2022-08-08 00:00 ET
Eargo reported for 2022 q2
SEC form 8
2022-08-08 00:00 ET
Eargo reported for 2022 q2
SEC form 6
2022-07-05 16:13 ET
Eargo published news for 2022 q2
SEC form 6
2022-06-27 07:23 ET
Eargo published news for 2022 q1
SEC form 6
2022-05-31 08:15 ET
Eargo published news for 2022 q1
SEC form 6
2022-05-27 16:19 ET
Eargo published news for 2022 q1
SEC form 10
2022-05-24 16:02 ET
Eargo reported for 2022 q1
SEC form 10
2022-05-24 00:00 ET
Eargo reported for 2022 q1
SEC form 10
2022-05-13 16:23 ET
Eargo published news for 2021 q4
SEC form 10
2022-05-13 16:20 ET
Eargo published news for 2021 q3
SEC form 6
2022-05-13 16:16 ET
Eargo published news for 2022 q1
SEC form 10
2022-05-13 00:00 ET
Eargo published news for 2021 q4
SEC form 10
2022-05-13 00:00 ET
Eargo published news for 2021 q3
SEC form 6
2022-05-11 16:12 ET
Eargo published news for 2022 q1
SEC form 6
2022-04-29 17:38 ET
Eargo published news for 2022 q1
SEC form 6
2022-03-10 16:16 ET
Eargo published news for 2021 q4
SEC form 6
2022-03-02 16:07 ET
Eargo published news for 2021 q4
SEC form 6
2022-01-26 17:05 ET
Eargo published news for 2021 q4
SEC form 6
2022-01-18 16:07 ET
Eargo published news for 2021 q4
SEC form 6
2022-01-06 08:39 ET
Eargo published news for 2021 q4
SEC form 6
2021-12-07 16:13 ET
Eargo published news for 2021 q3
SEC form 6
2021-11-22 16:11 ET
Eargo published news for 2021 q3
SEC form 6
2021-11-16 16:42 ET
Eargo published news for 2021 q3
SEC form 6
2021-11-12 09:02 ET
Eargo published news for 2021 q3
SEC form 6
2021-09-24 16:05 ET
Eargo published news for 2021 q2
SEC form 6
2021-09-22 16:10 ET
Eargo published news for 2021 q2
SEC form 6
2021-09-08 16:15 ET
Eargo published news for 2021 q2
SEC form 10
2021-08-12 17:17 ET
Eargo published news for 2021 q2
SEC form 6
2021-08-12 16:07 ET
Eargo published news for 2021 q2
SEC form 10
2021-08-12 00:00 ET
Eargo published news for 2021 q2
SEC form 8
2021-08-12 00:00 ET
Eargo published news for 2021 q2
SEC form 6
2021-08-02 16:14 ET
Eargo published news for 2021 q2
SEC form 6
2021-06-11 17:03 ET
Eargo published news for 2021 q1
SEC form 6
2021-06-10 16:40 ET
Eargo published news for 2021 q1
SEC form 10
2021-05-13 00:00 ET
Eargo published news for 2021 q1
SEC form 10
2021-05-12 20:45 ET
Eargo published news for 2021 q1
SEC form 6
2021-05-12 16:10 ET
Eargo published news for 2021 q1
SEC form 8
2021-05-12 00:00 ET
Eargo published news for 2021 q1
SEC form 10
2021-03-16 16:42 ET
Eargo published news for 2020 q4
SEC form 6
2021-02-25 16:25 ET
Eargo published news for 2020 q4
SEC form 6
2021-01-11 16:07 ET
Eargo published news for 2020 q4
SEC form 10
2020-11-20 16:11 ET
Eargo published news for 2020 q3
SEC form 6
2020-11-20 06:02 ET
Eargo published news for 2020 q3
SEC form 6
2020-10-20 16:05 ET
Eargo published news for 2020 q3
SEC form 6
2020-10-15 21:24 ET
Eargo published news for 2020 q3
SEC form 6
2020-10-15 21:14 ET
Eargo published news for 2020 q3
SEC form 6
2020-10-15 21:09 ET
Eargo published news for 2020 q3
SEC form 6
2020-10-15 20:31 ET
Eargo published news for 2020 q3
SEC form 6
2020-10-15 20:29 ET
Eargo published news for 2020 q3
SEC form 6
2020-10-15 20:19 ET
Eargo published news for 2020 q3
SEC form 6
2020-10-15 20:18 ET
Eargo published news for 2020 q3
SEC form 6
2020-10-15 19:59 ET
Eargo published news for 2020 q3
SEC form 6
2020-10-15 19:46 ET
Eargo published news for 2020 q3
SEC form 6
2020-10-15 19:46 ET
Eargo published news for 2020 q3
SEC form 6
2020-10-15 19:42 ET
Eargo published news for 2020 q3