Myomo Sets Financial Goals Targeting $100M Annual Revenue By 2028 With 70-72% Gross Margin, 15-20% EBITDA Margin, And Cash Flow Breakeven At $17M-18M Quarterly Revenue
Benzinga Newsdesk 1 year ago
NewsGuidance
Management will present a long-range financial model, with the goal of $100 million in annual revenue by 2028. Elements of the aspirational model to be discussed include:$15 million of annual International revenue by
- Management will present a long-range financial model, with the goal of $100 million in annual revenue by 2028. Elements of the aspirational model to be discussed include:
- $15 million of annual International revenue by 2028
- $20 million of annual O&P channel revenue by 2028
- Gross margin in the range of 70% to 72%
- EBITDA margin in the range of 15% to 20%
- Cash flow breakeven at quarterly revenue of $17 million to $18 million