Last 7 days
10.9%
Last 30 days
27.9%
Last 90 days
18.7%
Trailing 12 Months
76.0%
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 1.5B | 1.5B | 1.6B | 0 |
2022 | 1.3B | 1.4B | 1.4B | 1.4B |
2021 | 1.1B | 1.2B | 1.3B | 1.3B |
2020 | 1.2B | 1.1B | 1.1B | 1.1B |
2019 | 1.0B | 1.1B | 1.1B | 1.2B |
2018 | 924.6M | 938.9M | 953.5M | 975.1M |
2017 | 897.2M | 908.6M | 911.6M | 922.2M |
2016 | 844.7M | 859.0M | 875.3M | 884.5M |
2015 | 730.0M | 755.2M | 779.5M | 809.6M |
2014 | 698.9M | 701.5M | 710.4M | 717.6M |
2013 | 219.3M | 380.6M | 541.8M | 703.0M |
2012 | 49.2M | 52.2M | 55.1M | 58.1M |
2011 | 46.3M | 46.3M | 46.2M | 46.2M |
2010 | 407.3M | 287.0M | 166.6M | 46.3M |
2009 | 0 | 0 | 0 | 527.6M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Nov 27, 2023 | gordon christine nayoma | sold | -97,200 | 32.4 | -3,000 | - |
Nov 20, 2023 | murdock michael n | gifted | - | - | -5,000 | evp mergers and acquisitions |
Jun 08, 2023 | hames norman r | sold | -311,200 | 31.12 | -10,000 | pres and coo-west operations |
Jun 07, 2023 | levitt lawrence l | acquired | - | - | 4,066 | - |
Jun 07, 2023 | spurlock gregory e. | acquired | - | - | 4,066 | - |
Jun 07, 2023 | hames norman r | sold | -463,800 | 30.92 | -15,000 | pres and coo-west operations |
Jun 07, 2023 | swartz david l | acquired | - | - | 4,066 | - |
Jun 07, 2023 | jacobs laura pastre | acquired | - | - | 4,066 | - |
Jun 06, 2023 | hames norman r | sold | -622,200 | 31.11 | -20,000 | pres and coo-west operations |
Jun 02, 2023 | hames norman r | acquired | 358,329 | 6.14566 | 58,306 | pres and coo-west operations |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Nov 27, 2023 | USA FINANCIAL FORMULAS | new | - | 5,441 | 5,441 | 0.01% |
Nov 24, 2023 | DEUTSCHE BANK AG\ | reduced | -3.71 | -3,079,040 | 15,261,200 | 0.01% |
Nov 22, 2023 | KBC Group NV | unchanged | - | - | 123,000 | -% |
Nov 22, 2023 | Public Sector Pension Investment Board | reduced | -26.79 | -1,220,070 | 2,101,620 | 0.01% |
Nov 21, 2023 | Walleye Trading LLC | reduced | -36.78 | -30,498 | 36,732 | -% |
Nov 21, 2023 | COMERICA BANK | new | - | 784,894 | 784,894 | -% |
Nov 16, 2023 | Financial Gravity Asset Management, Inc. | new | - | 265 | 265 | -% |
Nov 16, 2023 | Tamarack Advisers, LP | sold off | -100 | -4,566,800 | - | -% |
Nov 15, 2023 | Virtu Financial LLC | sold off | -100 | -427,000 | - | -% |
Nov 15, 2023 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | reduced | -6.4 | -4,000 | 14,000 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 09, 2023 | vanguard group inc | 6.04% | 3,466,238 | SC 13G/A | |
Feb 08, 2023 | beck mack & oliver llc | 5.6% | 3,222,494 | SC 13G | |
Jan 23, 2023 | blackrock inc. | 12.2% | 6,976,634 | SC 13G/A | |
Feb 10, 2022 | vanguard group inc | 5.89% | 3,145,333 | SC 13G/A | |
Jan 27, 2022 | blackrock inc. | 12.0% | 6,410,361 | SC 13G/A | |
Jan 25, 2022 | blackrock inc. | 12.0% | 6,410,361 | SC 13G/A | |
Aug 03, 2021 | jb capital partners lp | 4.02% | 2,117,095 | SC 13D/A | |
Feb 10, 2021 | vanguard group inc | 5.18% | 2,673,250 | SC 13G/A | |
Feb 08, 2021 | fmr llc | - | 0 | SC 13G/A | |
Jan 27, 2021 | blackrock inc. | 12.7% | 6,540,626 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Dec 05, 2023 | 144 | Notice of Insider Sale Intent | |
Nov 28, 2023 | 4 | Insider Trading | |
Nov 20, 2023 | 4 | Insider Trading | |
Nov 13, 2023 | 8-K | Current Report | |
Nov 09, 2023 | 10-Q | Quarterly Report |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
DHR | 163.2B | 29.6B | 12.94% | -16.78% | 27.58 | 5.52 | -5.39% | -12.54% |
IDXX | 43.3B | 3.6B | 23.29% | 25.56% | 52.66 | 12.08 | 7.43% | 22.86% |
A | 37.8B | 7.0B | 20.00% | -14.74% | 33.37 | 5.41 | 5.03% | -14.68% |
DGX | 15.1B | 9.3B | 0.81% | -9.39% | 19.81 | 1.63 | -9.69% | -38.22% |
EXAS | 11.8B | 2.4B | -0.06% | 41.10% | -41.76 | 4.9 | 19.99% | 60.62% |
MID-CAP | ||||||||
CRL | 10.3B | 4.2B | 10.65% | -4.98% | 21.68 | 2.44 | 11.49% | 8.84% |
MEDP | 8.5B | 1.8B | 3.40% | 36.73% | 31.26 | 4.79 | 29.62% | 20.49% |
NTRA | 6.9B | 988.7M | 34.39% | 49.28% | -13.8 | 6.97 | 27.41% | 8.51% |
NEOG | 3.9B | 919.1M | 13.84% | 16.34% | -146.51 | 4.24 | 73.02% | -172.93% |
GH | 3.0B | 535.8M | -7.21% | -48.01% | -7.02 | 5.66 | 24.38% | 26.34% |
SMALL-CAP | ||||||||
CDNA | 522.0M | 297.1M | 48.77% | -26.91% | -5.77 | 1.76 | -6.74% | -21.60% |
ACRS | 72.2M | 21.4M | -81.57% | -93.66% | -0.63 | 3.37 | -8.80% | -39.66% |
AWH | 28.4M | 9.2M | -30.15% | -40.72% | -1.61 | 3.09 | 16.43% | 48.38% |
APDN | 14.3M | 16.1M | 27.59% | -22.38% | -2.03 | 0.89 | -8.51% | 41.77% |
BIOC | 144.4K | - | -82.76% | -93.43% | 0 | 0.76 | -57.78% | -93.13% |
Income Statement (Quarterly) | (In Thousands) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Revenue | -0.4% | 402 | 404 | 391 | 384 | 350 | 354 | 342 | 333 | 333 | 334 | 315 | 308 | 292 | 191 | 282 | 301 | 293 | 289 | 272 | 257 | 242 |
Cost Of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 256 | 254 | 247 | 243 | 233 | 209 |
Operating Expenses | -5.4% | 359 | 379 | 384 | 362 | 343 | 335 | 343 | 331 | 300 | 306 | 304 | 288 | 269 | 216 | 290 | 278 | 276 | 267 | 264 | 258 | 226 |
EBITDA Margin | - | - | - | 0.13* | 0.15* | 0.14* | 0.15* | 0.15* | 0.16* | 0.17* | 0.16* | 0.15* | 0.12* | 0.12* | 0.11* | 0.12* | 0.14* | - | - | - | - | - |
Interest Expenses | 0.5% | 16.00 | 16.00 | 16.00 | 15.00 | 12.00 | 11.00 | 12.00 | 12.00 | 12.00 | 12.00 | 13.00 | 12.00 | 11.00 | 11.00 | 12.00 | 11.00 | 12.00 | 12.00 | 12.00 | 12.00 | 11.00 |
Income Taxes | 1272.6% | 7.00 | -0.61 | 1.00 | 2.00 | 2.00 | 3.00 | 1.00 | 3.00 | 5.00 | 3.00 | 2.00 | 6.00 | 4.00 | -4.47 | -4.40 | 3.00 | 2.00 | 3.00 | -1.23 | -2.44 | 3.00 |
Earnings Before Taxes | 124.4% | 31.00 | 14.00 | -13.15 | 7.00 | 9.00 | 17.00 | 10.00 | 3.00 | 26.00 | 11.00 | 18.00 | 17.00 | 14.00 | -13.43 | -18.38 | 15.00 | 7.00 | 11.00 | -3.15 | 29.00 | 9.00 |
EBT Margin | - | - | - | 0.01* | 0.03* | 0.03* | 0.04* | 0.04* | 0.04* | 0.06* | 0.05* | 0.03* | 0.00* | 0.00* | -0.01* | 0.01* | 0.03* | - | - | - | - | - |
Net Income | 109.6% | 18.00 | 8.00 | -21.00 | -0.94 | 1.00 | 8.00 | 3.00 | -3.82 | 16.00 | 3.00 | 9.00 | 6.00 | 6.00 | -10.59 | -16.36 | 10.00 | 3.00 | 5.00 | -3.73 | 29.00 | 5.00 |
Net Income Margin | - | - | - | -0.01* | 0.01* | 0.01* | 0.02* | 0.01* | 0.02* | 0.03* | 0.02* | 0.01* | -0.01* | -0.01* | -0.01* | 0.00* | 0.01* | - | - | - | - | - |
Free Cashflow | - | - | - | 33.00 | 54.00 | 27.00 | 65.00 | 1.00 | 49.00 | 42.00 | 31.00 | 22.00 | 58.00 | 33.00 | 85.00 | 35.00 | 16.00 | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Assets | -0.6% | 2,688 | 2,705 | 2,414 | 2,434 | 2,247 | 2,241 | 2,142 | 2,058 | 2,042 | 2,032 | 1,829 | 1,787 | 1,718 | 1,717 | 1,699 | 1,647 | 1,618 | 1,597 | 1,526 | 1,109 | 911 |
Current Assets | -4.0% | 579 | 603 | 343 | 367 | 325 | 319 | 289 | 324 | 340 | 335 | 223 | 270 | 259 | 248 | 280 | 241 | 240 | 234 | 216 | 209 | 227 |
Cash Equivalents | -5.3% | 338 | 357 | 91.00 | 128 | 95.00 | 99.00 | 71.00 | 135 | 151 | 141 | 31.00 | 102 | 89.00 | 85.00 | 94.00 | 40.00 | 38.00 | 31.00 | 10.00 | 10.00 | 27.00 |
Net PPE | 0.2% | 577 | 576 | 545 | 566 | 516 | 515 | 489 | 484 | 452 | 435 | 413 | 399 | 362 | 370 | 376 | 368 | 352 | 353 | 344 | 346 | 286 |
Goodwill | -1.7% | 676 | 688 | 0.00 | 678 | 80.00 | 578 | 570 | 514 | 503 | 502 | 0.00 | 473 | 471 | - | - | - | - | - | - | - | - |
Liabilities | -2.7% | 1,892 | 1,944 | 1,921 | 1,942 | 1,789 | 1,789 | 1,720 | 1,712 | 1,703 | 1,733 | 1,547 | 1,528 | 1,472 | 1,484 | 1,492 | 1,414 | 1,403 | 1,384 | 1,313 | 909 | 789 |
Current Liabilities | -6.3% | 407 | 434 | 407 | 467 | 409 | 405 | 381 | 375 | 371 | 381 | 403 | 398 | 374 | 382 | 328 | 327 | 310 | 293 | 301 | 240 | 203 |
Shareholder's Equity | 34.2% | 796 | 593 | 493 | 333 | 313 | 451 | 421 | 346 | 339 | 299 | 281 | 258 | 246 | 233 | 207 | 233 | 215 | 212 | 214 | 200 | 121 |
Retained Earnings | 18.4% | -77.72 | -95.26 | -103 | -82.62 | -81.69 | -82.35 | -90.26 | -93.27 | -89.45 | -105 | -108 | -118 | -123 | -130 | -119 | -103 | -113 | -116 | -121 | -117 | -147 |
Additional Paid-In Capital | 1.6% | 715 | 704 | 449 | 436 | 424 | 419 | 410 | 343 | 336 | 325 | 316 | 308 | 306 | 304 | 269 | 263 | 260 | 258 | 256 | 243 | 237 |
Shares Outstanding | 0.3% | 68.00 | 68.00 | 58.00 | 58.00 | 57.00 | 56.00 | 55.00 | 54.00 | 53.00 | 52.00 | 52.00 | 52.00 | 51.00 | 51.00 | 50.00 | 50.00 | 50.00 | 50.00 | 50.00 | 49.00 | 48.00 |
Minority Interest | 5.6% | 177 | 168 | 165 | 158 | 145 | 139 | 123 | 117 | 115 | 102 | 97.00 | 93.00 | 89.00 | 85.00 | 84.00 | 81.00 | 80.00 | 79.00 | 78.00 | 73.00 | 27.00 |
Cashflow (Quarterly) | (In Thousands) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Cashflow From Operations | -54.1% | 31,252 | 68,075 | 32,616 | 53,647 | 27,026 | 64,843 | 901 | 49,196 | 41,594 | 30,617 | 28,084 | 63,416 | 38,878 | 90,552 | 40,913 | 21,719 | 38,068 | 17,635 | 26,900 | 28,896 | 40,910 |
Share Based Compensation | -11.2% | 4,325 | 4,870 | 12,185 | 4,658 | 3,317 | 4,693 | 11,102 | 3,637 | 4,421 | 8,897 | 8,248 | 2,261 | 2,066 | 1,456 | 6,622 | 1,767 | 1,381 | 1,044 | 4,538 | 1,105 | 1,667 |
Cashflow From Investing | -16.3% | -46,913 | -40,354 | -65,556 | -123,901 | -27,060 | -34,424 | -61,564 | -62,005 | -39,848 | -32,310 | -87,348 | -37,964 | -20,678 | -12,543 | -55,059 | -5,484 | -17,136 | -41,650 | -35,195 | -65,148 | -20,498 |
Cashflow From Financing | -101.3% | -3,201 | 238,123 | -3,821 | 103,585 | -3,313 | -3,312 | -3,313 | -3,805 | 8,666 | 111,463 | -11,651 | -12,066 | -14,056 | -87,701 | 68,262 | -13,754 | -13,725 | 44,088 | 8,342 | 19,418 | -9,441 |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022 | |
REVENUE | ||||
Total service revenue | $ 401,968 | $ 350,044 | $ 1,196,247 | $ 1,046,185 |
OPERATING EXPENSES | ||||
Cost of operations, excluding depreciation and amortization | 341,635 | 313,943 | 1,038,647 | 934,757 |
Depreciation and amortization | 32,210 | 29,229 | 95,705 | 85,209 |
(Gain) on contribution of imaging centers into joint venture | (16,808) | 0 | (16,808) | 0 |
Loss (gain) on sale and disposal of equipment and other | 527 | (247) | 1,183 | 962 |
Severance costs | 1,153 | 195 | 3,157 | 496 |
Total operating expenses | 358,717 | 343,120 | 1,121,884 | 1,021,424 |
INCOME (LOSS) FROM OPERATIONS | 43,251 | 6,924 | 74,363 | 24,761 |
OTHER INCOME AND EXPENSES | ||||
Interest expense | 16,115 | 12,420 | 47,876 | 35,398 |
Equity in earnings of joint ventures | (1,084) | (3,085) | (3,935) | (8,350) |
Non-cash change in fair value of interest rate hedge | 1,015 | (12,451) | 949 | (39,576) |
Other (income) expenses | (4,081) | 1,405 | (2,609) | 1,562 |
Total other expense (income) | 11,965 | (1,711) | 42,281 | (10,966) |
INCOME (LOSS) BEFORE INCOME TAXES | 31,286 | 8,635 | 32,082 | 35,727 |
(Provision for) Benefit from income taxes | (7,220) | (2,188) | (7,741) | (7,087) |
NET INCOME (LOSS) | 24,066 | 6,447 | 24,341 | 28,640 |
Net income attributable to noncontrolling interests | 6,526 | 5,779 | 19,437 | 17,055 |
NET INCOME (LOSS) ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS | $ 17,540 | $ 668 | $ 4,904 | $ 11,585 |
BASIC NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS (in dollars per share) | $ 0.26 | $ 0.01 | $ 0.08 | $ 0.21 |
DILUTED NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS (in dollars per share) | $ 0.25 | $ 0.01 | $ 0.08 | $ 0.19 |
WEIGHTED AVERAGE SHARES OUTSTANDING | ||||
Basic (in shares) | 67,793,404 | 56,744,419 | 62,113,707 | 56,041,017 |
Diluted (in shares) | 68,809,818 | 57,651,761 | 63,221,251 | 57,036,417 |
Service fee revenue | ||||
REVENUE | ||||
Total service revenue | $ 361,927 | $ 312,043 | $ 1,078,265 | $ 931,819 |
Revenue under capitation arrangements | ||||
REVENUE | ||||
Total service revenue | $ 40,041 | $ 38,001 | $ 117,982 | $ 114,366 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Sep. 30, 2023 | Dec. 31, 2022 |
---|---|---|
CURRENT ASSETS | ||
Cash and cash equivalents | $ 337,884 | $ 127,834 |
Accounts receivable | 167,736 | 166,357 |
Prepaid expenses and other current assets | 48,204 | 54,022 |
Total current assets | 578,672 | 367,184 |
PROPERTY, EQUIPMENT AND RIGHT-OF-USE ASSETS | ||
Property and equipment, net | 577,227 | 565,961 |
Operating lease right-of-use assets | 613,164 | 603,524 |
Total property, equipment and right-of-use assets | 1,190,391 | 1,169,485 |
OTHER ASSETS | ||
Goodwill | 676,376 | 677,665 |
Other intangible assets | 91,833 | 106,228 |
Deferred financing costs | 1,803 | 2,280 |
Investment in joint ventures | 94,472 | 57,893 |
Deposits and other | 54,478 | 53,172 |
Total assets | 2,688,025 | 2,433,907 |
CURRENT LIABILITIES | ||
Accounts payable, accrued expenses and other | 302,086 | 369,595 |
Deferred revenue | 5,176 | 4,021 |
Current operating lease liability | 59,324 | 57,607 |
Current portion of notes payable | 16,043 | 12,400 |
Total current liabilities | 407,077 | 466,723 |
LONG-TERM LIABILITIES | ||
Long-term operating lease liability | 614,038 | 604,117 |
Notes payable, net of current portion | 844,302 | 839,344 |
Deferred tax liability, net | 16,645 | 9,256 |
Other non-current liabilities | 9,805 | 23,015 |
Total liabilities | 1,891,867 | 1,942,455 |
EQUITY | ||
Common stock - $0.0001 par value, 200,000,000 shares authorized; 67,848,209 and 57,723,125 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively | 7 | 6 |
Additional paid-in-capital | 714,910 | 436,288 |
Accumulated other comprehensive loss | (18,297) | (20,677) |
Accumulated deficit | (77,719) | (82,622) |
Total RadNet, Inc.'s stockholders' equity | 618,901 | 332,995 |
Noncontrolling interests | 177,257 | 158,457 |
Total equity | 796,158 | 491,452 |
Total liabilities and equity | 2,688,025 | 2,433,907 |
Affiliates | ||
CURRENT ASSETS | ||
Due from affiliates | 24,848 | 18,971 |
CURRENT LIABILITIES | ||
Due to affiliates | $ 24,448 | $ 23,100 |
 CEO | Dr. Howard G. Berger M.D. |
---|---|
 WEBSITE | www.radnet.com |
 EMPLOYEES | 9000 |