Symbols / ADGM $1.23 +0.82% Adagio Medical Holdings, Inc.

Healthcare • Medical Devices • United States • NCM
ADGM Chart
About

Adagio Medical Holdings, Inc., a developmental stage medical device company, focuses on the development and commercialization of ablation technologies for the treatment of cardiac arrhythmias. It offers treatment for cardiac arrhythmias, including atrial fibrillation, atrial flutter, and ventricular tachycardia. The company's product portfolio includes iCLAS atrial ultra-low temperature cryoablation (ULTC) catheter and accessories; vCLAS ventricular ULTC catheter; and Cryopulse atrial pulsed-field cryoablation catheter and accessories. Adagio Medical Holdings, Inc. was founded in 2011 and is headquartered in Laguna Hills, California.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Medical Devices Market Cap 27.32M
Enterprise Value 32.42M Income -25.08M Sales —
Book/sh 0.56 Cash/sh 0.77 Dividend Yield —
Payout 0.00% Employees — IPO —
P/E — Forward P/E -1.16 PEG —
P/S — P/B 2.20 P/C —
EV/EBITDA -1.55 EV/Sales — Quick Ratio 2.08
Current Ratio 2.44 Debt/Eq 175.44 LT Debt/Eq —
EPS (ttm) -1.51 EPS next Y -1.06 EPS Growth —
Revenue Growth — Earnings 2026-03-27 08:00 ROA -29.84%
ROE -155.25% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 22.21M
Shs Float 4.81M Short Float 0.13% Short Ratio 0.36
Short Interest — 52W High 2.87 52W Low 0.62
Beta 0.04 Avg Volume 67.53K Volume 16.52K
Target Price $4.00 Recom Strong_buy Prev Close $1.22
Price $1.23 Change 0.82%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.00
Mean price target
2. Current target
$1.25
Latest analyst target
3. DCF / Fair value
$-9.06
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.25
Low
$4.00
High
$4.00
Mean
$4.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-12-02 init Lake Street — → Buy $4
News
RSS: Latest ADGM news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2025-12-16 KASTER DEBORAH Chief Financial Officer — 15,000 $1.20 $17,973
2025-12-12 USEN TODD Chief Executive Officer — 207,315 $1.09 $225,973
2025-01-22 PERCEPTIVE ADVISORS, L.L.C. Unknown — 64,167 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2023-12-31 2022-12-31 2021-12-31
Total Revenue
0.00
-100.00%
0.30
+58.73%
0.19
-30.00%
0.27
Operating Revenue
0.00
-100.00%
0.30
+58.73%
0.19
-30.00%
0.27
Cost Of Revenue
0.68
-47.63%
1.31
+49.26%
0.88
-24.44%
1.16
Reconciled Cost Of Revenue
0.68
-47.63%
1.31
+49.26%
0.88
-24.44%
1.16
Gross Profit
-0.68
+32.01%
-1.01
-46.65%
-0.69
+22.75%
-0.89
Operating Expense
21.21
-21.27%
26.94
+15.97%
23.23
+17.56%
19.76
Research And Development
10.64
-30.91%
15.40
-13.76%
17.86
+16.28%
15.36
Selling General And Administration
10.57
-8.41%
11.54
+114.76%
5.37
+22.04%
4.40
Total Expenses
21.89
-22.49%
28.24
+17.18%
24.10
+15.24%
20.91
Operating Income
-21.89
+21.66%
-27.94
-16.85%
-23.91
-15.83%
-20.64
Total Operating Income As Reported
-21.89
+21.66%
-27.94
-16.85%
-23.91
-15.83%
-20.64
EBITDA
-21.21
+41.02%
-35.95
-56.05%
-23.04
-17.54%
-19.60
Normalized EBITDA
-21.23
+40.89%
-35.91
-55.87%
-23.04
-13.25%
-20.35
Reconciled Depreciation
0.97
+82.33%
0.53
+7.47%
0.49
+47.32%
0.34
EBIT
-22.18
+39.22%
-36.49
-55.03%
-23.54
-18.05%
-19.94
Total Unusual Items
0.02
+147.62%
-0.04
0.00
-100.00%
0.74
Total Unusual Items Excluding Goodwill
0.02
+147.62%
-0.04
0.00
-100.00%
0.74
Special Income Charges
0.00
+100.00%
-8.49
0.00
-100.00%
0.74
Other Special Charges
—
8.49
—
-0.74
Impairment Of Capital Assets
0.00
—
—
—
Net Income
-25.08
+34.24%
-38.15
-61.14%
-23.67
-18.73%
-19.94
Pretax Income
-25.08
+34.24%
-38.15
-61.14%
-23.67
-18.73%
-19.94
Net Non Operating Interest Income Expense
-2.43
-46.68%
-1.66
-1589.80%
-0.10
-3366.67%
0.00
Interest Expense Non Operating
2.91
+75.17%
1.66
+1110.95%
0.14
0.00
Net Interest Income
-2.43
-46.68%
-1.66
-1589.80%
-0.10
-3366.67%
0.00
Interest Expense
2.91
+75.17%
1.66
+1110.95%
0.14
0.00
Interest Income Non Operating
0.48
+15800.00%
0.00
-92.31%
0.04
+1200.00%
0.00
Interest Income
0.48
+15800.00%
0.00
-92.31%
0.04
+1200.00%
0.00
Other Income Expense
-0.77
+91.05%
-8.55
-2628.99%
0.34
-51.99%
0.70
Other Non Operating Income Expenses
-0.79
+90.77%
-8.51
-2616.57%
0.34
+945.00%
-0.04
Gain On Sale Of Security
0.02
+147.62%
-0.04
—
—
Tax Rate For Calcs
0.00
0.00
0.00
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
-25.08
+34.24%
-38.15
-61.14%
-23.67
-18.73%
-19.94
Net Income From Continuing Operation Net Minority Interest
-25.08
+34.24%
-38.15
-61.14%
-23.67
-18.73%
-19.94
Net Income From Continuing And Discontinued Operation
-25.08
+34.24%
-38.15
-61.14%
-23.67
-18.73%
-19.94
Net Income Continuous Operations
-25.08
+34.24%
-38.15
-61.14%
-23.67
-18.73%
-19.94
Normalized Income
-25.10
+34.12%
-38.10
-60.96%
-23.67
-14.46%
-20.68
Net Income Common Stockholders
-25.08
+34.24%
-38.15
-61.14%
-23.67
-18.73%
-19.94
Diluted EPS
—
-2.85
-61.14%
-1.77
-18.73%
-1.49
Basic EPS
—
-2.85
-61.14%
-1.77
-18.73%
-1.49
Basic Average Shares
—
13.39
+0.00%
13.39
+0.00%
13.39
Diluted Average Shares
—
13.39
+0.00%
13.39
+0.00%
13.39
Diluted NI Availto Com Stockholders
-25.08
+34.24%
-38.15
-61.14%
-23.67
-18.73%
-19.94
Average Dilution Earnings
0.00
—
—
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
43.25
-10.72%
48.45
+609.86%
6.83
-21.52%
8.70
Current Assets
20.08
-20.78%
25.35
+388.89%
5.18
-22.98%
6.73
Cash Cash Equivalents And Short Term Investments
17.11
-16.91%
20.59
+1388.50%
1.38
-75.07%
5.55
Cash And Cash Equivalents
17.11
-16.91%
20.59
+1388.50%
1.38
-75.07%
5.55
Receivables
0.00
-100.00%
0.04
-50.70%
0.07
0.00
Accounts Receivable
0.00
-100.00%
0.04
-50.70%
0.07
0.00
Inventory
1.67
-34.84%
2.57
-22.76%
3.32
+805.18%
0.37
Raw Materials
1.42
-15.45%
1.68
-23.88%
2.21
0.00
Work In Process
0.16
-57.99%
0.39
+96.95%
0.20
0.00
Finished Goods
0.09
-82.63%
0.49
-45.84%
0.91
+149.05%
0.37
Prepaid Assets
0.99
-49.02%
1.94
+736.21%
0.23
-20.27%
0.29
Other Current Assets
0.32
+42.34%
0.22
+25.42%
0.18
-66.41%
0.53
Total Non Current Assets
23.17
+0.31%
23.10
+1308.48%
1.64
-16.54%
1.97
Net PPE
2.23
+3.86%
2.15
+32.90%
1.62
-16.61%
1.94
Gross PPE
4.88
+0.04%
4.88
+43.75%
3.39
+6.76%
3.18
Accumulated Depreciation
-2.65
+2.97%
-2.73
-53.63%
-1.78
-43.31%
-1.24
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
1.39
+38.72%
1.00
-4.84%
1.05
+7.78%
0.98
Construction In Progress
—
0.00
-100.00%
0.05
+0.00%
0.05
Other Properties
3.19
-10.53%
3.57
+80.17%
1.98
+7.43%
1.84
Leases
0.30
-3.27%
0.31
+0.33%
0.30
+0.66%
0.30
Goodwill And Other Intangible Assets
20.94
+0.00%
20.94
0.00
—
Goodwill
13.97
+0.00%
13.97
0.00
—
Other Intangible Assets
6.97
+0.00%
6.97
—
—
Other Non Current Assets
0.00
-78.57%
0.01
-39.13%
0.02
-11.54%
0.03
Total Liabilities Net Minority Interest
30.85
+8.11%
28.54
-79.45%
138.85
+32.77%
104.57
Current Liabilities
8.23
+6.05%
7.76
-83.54%
47.18
+263.79%
12.97
Payables And Accrued Expenses
6.54
+30.95%
5.00
-31.80%
7.33
+252.99%
2.08
Payables
1.08
-61.90%
2.84
-25.85%
3.83
+278.83%
1.01
Accounts Payable
1.08
-61.90%
2.84
-25.85%
3.83
+278.83%
1.01
Current Accrued Expenses
5.46
+153.15%
2.16
-38.31%
3.50
+228.45%
1.06
Pensionand Other Post Retirement Benefit Plans Current
1.53
-41.53%
2.62
+67.43%
1.57
+27.42%
1.23
Current Debt And Capital Lease Obligation
0.15
+8.39%
0.14
-99.63%
38.20
+295.36%
9.66
Current Debt
—
—
38.12
+301.32%
9.50
Other Current Borrowings
—
—
38.12
+301.32%
9.50
Current Capital Lease Obligation
0.15
+8.39%
0.14
+81.01%
0.08
-51.53%
0.16
Other Current Liabilities
—
—
0.08
—
Total Non Current Liabilities Net Minority Interest
22.62
+8.88%
20.77
-77.34%
91.67
+0.07%
91.61
Long Term Debt And Capital Lease Obligation
21.60
+34.00%
16.12
+8167.69%
0.20
+45.52%
0.13
Long Term Debt
21.04
+30.88%
16.08
+11141.96%
0.14
—
Long Term Capital Lease Obligation
0.56
+1123.91%
0.05
-11.54%
0.05
-61.19%
0.13
Non Current Deferred Liabilities
0.88
+0.00%
0.88
0.00
—
Non Current Deferred Taxes Liabilities
0.88
+0.00%
0.88
0.00
—
Other Non Current Liabilities
—
3.62
+45100.00%
0.01
+166.67%
0.00
Preferred Securities Outside Stock Equity
—
0.00
-100.00%
91.47
+0.00%
91.47
Stockholders Equity
12.40
-37.72%
19.91
+115.08%
-132.02
-37.70%
-95.88
Common Stock Equity
12.40
-37.72%
19.91
+115.08%
-132.02
-37.70%
-95.88
Capital Stock
0.00
+0.00%
0.00
+100.00%
0.00
+0.00%
0.00
Common Stock
0.00
+0.00%
0.00
+100.00%
0.00
+0.00%
0.00
Share Issued
22.21
+46.14%
15.20
+4.56%
14.54
+8.57%
13.39
Ordinary Shares Number
22.21
+46.14%
15.20
+4.56%
14.54
+8.57%
13.39
Additional Paid In Capital
108.11
+19.46%
90.50
+5527.80%
1.61
+39.46%
1.15
Retained Earnings
-95.61
-35.45%
-70.59
+47.19%
-133.65
-37.70%
-97.06
Gains Losses Not Affecting Retained Earnings
-0.10
-10000.00%
0.00
-94.12%
0.02
-39.29%
0.03
Other Equity Adjustments
-0.10
-10000.00%
0.00
-94.12%
0.02
-39.29%
0.03
Total Equity Gross Minority Interest
12.40
-37.72%
19.91
+115.08%
-132.02
-37.70%
-95.88
Total Capitalization
33.44
-7.07%
35.99
+127.29%
-131.88
-37.55%
-95.88
Working Capital
11.85
-32.62%
17.59
+141.88%
-41.99
-573.36%
-6.24
Invested Capital
33.44
-7.07%
35.99
+138.39%
-93.75
-8.54%
-86.38
Total Debt
21.76
+33.77%
16.27
-57.64%
38.40
+291.95%
9.80
Net Debt
3.94
—
36.88
+833.09%
3.95
Capital Lease Obligations
0.72
+279.89%
0.19
+44.27%
0.13
-55.89%
0.30
Net Tangible Assets
-8.53
-733.40%
-1.02
+99.22%
-132.02
-37.70%
-95.88
Tangible Book Value
-8.53
-733.40%
-1.02
+99.22%
-132.02
-37.70%
-95.88
Derivative Product Liabilities
0.13
-13.16%
0.15
0.00
—
Line Item Trend 2025-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow
-19.01
+25.88%
-25.65
-14.46%
-22.41
-16.08%
-19.31
Cash Flow From Continuing Operating Activities
-19.01
+25.88%
-25.65
-14.46%
-22.41
-16.08%
-19.31
Net Income From Continuing Operations
-25.08
+34.24%
-38.15
-61.14%
-23.67
-18.73%
-19.94
Depreciation Amortization Depletion
0.97
+82.33%
0.53
+7.47%
0.49
+47.32%
0.34
Depreciation And Amortization
0.97
+82.33%
0.53
+7.47%
0.49
+47.32%
0.34
Other Non Cash Items
0.98
-88.68%
8.66
+5791.84%
0.15
—
Stock Based Compensation
1.48
+234.62%
0.44
+21.10%
0.36
+7.67%
0.34
Asset Impairment Charge
0.00
-100.00%
0.03
+132.89%
-0.08
-162.81%
0.12
Operating Gains Losses
-0.02
-144.44%
0.04
—
-0.74
Gain Loss On Investment Securities
-0.02
-147.62%
0.04
—
—
Gain Loss On Sale Of PPE
0.00
-100.00%
0.00
0.00
—
Change In Working Capital
2.66
-4.59%
2.79
+745.15%
0.33
-43.01%
0.58
Change In Receivables
0.04
+154.29%
-0.07
-312.12%
0.03
-17.50%
0.04
Changes In Account Receivables
0.04
+154.29%
-0.07
-312.12%
0.03
-17.50%
0.04
Change In Inventory
0.93
+131.28%
-2.98
-8602.86%
0.04
+107.40%
-0.47
Change In Prepaid Assets
0.87
+111.46%
0.41
+228.13%
-0.32
-627.27%
-0.04
Change In Payables And Accrued Expense
4.42
-20.86%
5.59
+665.21%
0.73
-31.84%
1.07
Change In Accrued Expense
6.18
+123.40%
2.77
+840.48%
0.29
-62.88%
0.79
Change In Payable
-1.76
-162.25%
2.82
+547.02%
0.44
+56.27%
0.28
Change In Account Payable
-1.76
-162.25%
2.82
+547.02%
0.44
+56.27%
0.28
Change In Other Current Liabilities
-3.60
-2133.54%
-0.16
-8.78%
-0.15
-886.67%
-0.01
Investing Cash Flow
-0.37
-10.00%
-0.34
+32.00%
-0.50
+60.69%
-1.27
Cash Flow From Continuing Investing Activities
-0.37
-10.00%
-0.34
+32.00%
-0.50
+60.69%
-1.27
Net PPE Purchase And Sale
-0.37
-12.31%
-0.33
+32.04%
-0.49
+61.05%
-1.26
Purchase Of PPE
-0.37
-12.31%
-0.33
+32.32%
-0.49
+60.89%
-1.26
Sale Of PPE
—
0.00
-100.00%
0.00
0.00
Capital Expenditure
-0.37
-10.00%
-0.34
+32.27%
-0.50
+60.53%
-1.27
Net Intangibles Purchase And Sale
—
-0.01
+30.00%
-0.01
+28.57%
-0.01
Purchase Of Intangibles
—
-0.01
+30.00%
-0.01
+28.57%
-0.01
Financing Cash Flow
16.13
-26.24%
21.88
+129.66%
9.53
+7226.92%
0.13
Cash Flow From Continuing Financing Activities
16.13
-26.24%
21.88
+129.66%
9.53
+7226.92%
0.13
Net Issuance Payments Of Debt
0.00
-100.00%
21.86
+130.07%
9.50
0.00
Issuance Of Debt
0.00
-100.00%
23.00
+142.11%
9.50
0.00
Repayment Of Debt
0.00
+100.00%
-1.14
0.00
—
Long Term Debt Issuance
0.00
-100.00%
23.00
+142.11%
9.50
0.00
Long Term Debt Payments
0.00
+100.00%
-1.14
0.00
—
Net Long Term Debt Issuance
0.00
-100.00%
21.86
+130.07%
9.50
0.00
Short Term Debt Issuance
—
20.00
+110.53%
9.50
0.00
Net Short Term Debt Issuance
—
20.00
+110.53%
9.50
0.00
Net Common Stock Issuance
16.13
—
—
—
Proceeds From Stock Option Exercised
—
0.02
-28.00%
0.03
-80.77%
0.13
Changes In Cash
-3.25
+20.96%
-4.12
+69.25%
-13.39
+34.53%
-20.45
Effect Of Exchange Rate Changes
-0.23
-382.98%
-0.05
-158.02%
0.08
+17.39%
0.07
Beginning Cash Position
20.59
+271.12%
5.55
-70.58%
18.85
-51.95%
39.23
End Cash Position
17.11
+1136.80%
1.38
-75.07%
5.55
-70.58%
18.85
Free Cash Flow
-19.39
+25.41%
-25.99
-13.43%
-22.91
-11.35%
-20.58
Interest Paid Supplemental Data
0.00
-100.00%
0.21
0.00
—
Common Stock Issuance
16.13
—
—
—
Issuance Of Capital Stock
16.13
—
—
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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