Tenon Medical

Tenon Medical

Health Care Equipment & Supplies
Tenon Medical Inc is a medical device company that has developed a novel, minimally invasive approach to the sacroiliac joint (the SI Joint) using a single, robust, titanium implant for the treatment of the common types of SI Joint disorders that cause lower back pain. The Company is focused on three commercial opportunities; Primary SI Joint procedures, Revision procedures of failed SI Joint implants, and SI Joint fusion adjunct to a spine fusion construct. The company derives the majority of its revenue from sales of The Catamaran System to a limited number of clinicians.

$2.3M

Market Cap • 9/22/2026

2012

(14 years)

Founded

2022

(4 years ago)

IPO

NASDAQ

Listing Exchange

Flag of United States

United States

Country

Valuation

P/B

P/S

0,4

P/EBITDA

P/OCF

P/FCF

P/E

BVPS

EPS

Market Cap

Market Cap

2,3M

EV

8,2M

EV/Revenue

1,5

EV/EBITDA

-0,7

EV/EBIT

-0,6

Payout

Dividend Per Share

0

Dividend Yield

0%

Buyback Yield

0%

Total Yield

0%

Payout

0%

Retained Earnings

-88,8M

Profitability

Gross Margin

66,8%

EBITDA Margin

EBIT Margin

Net Margin

D&A/EBITDA

0%

R&D/Revenue

44,9%

Capex/Revenue

5,8%

Capex/D&A

96,6%

Capex/OCF

-2,6%

SBC/OCF

% PPE

0%

% Goodwill

31,4%

ROE

ROIC

Growth

CAGR Revenue 5Y

150,7%

CAGR Op. Income 5Y

43,6%

CAGR Net Income 5Y

42,7%

CAGR OCF 5Y

55,8%

Leverage

N.D./EBITDA

Debt/Equity

0%

Current Ratio

0,6

Quick Ratio

0,4

Interest Coverage

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