APYX Chart
About

Apyx Medical Corporation, an energy technology company, designs, develops, manufactures, and sells electrosurgical equipment and medical devices in the United States and internationally. The company operates through two segments: Advanced Energy and Original Equipment Manufacturing (OEM). It offers helium plasma generator for the delivery of RF energy and helium plasma to cut, coagulate, and ablate soft tissue during open and minimally invasive surgical procedures; and a portfolio of single-use handpieces and accessories for open and laparoscopic procedures. The company's helium plasma technology products are marketed and sold under the Renuvion name in the cosmetic surgery market and under the J-Plasma name in the hospital surgical market. It also develops and manufactures OEM generators and related accessories. The company was formerly known as Bovie Medical Corporation and changed its name to Apyx Medical Corporation in January 2019. Apyx Medical Corporation was incorporated in 1982 and is based in Clearwater, Florida.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Medical Devices Market Cap 145.24M
Enterprise Value 149.69M Income -14.54M Sales 47.90M
Book/sh 0.15 Cash/sh 0.66 Dividend Yield —
Payout 0.00% Employees 220 IPO —
P/E — Forward P/E -9.52 PEG —
P/S 3.03 P/B 22.84 P/C —
EV/EBITDA -16.76 EV/Sales 3.12 Quick Ratio 3.47
Current Ratio 4.44 Debt/Eq 644.93 LT Debt/Eq —
EPS (ttm) -0.36 EPS next Y -0.37 EPS Growth —
Revenue Growth 12.10% Earnings 2026-03-12 ROA -10.06%
ROE -168.13% ROIC — Gross Margin 62.65%
Oper. Margin -6.46% Profit Margin -30.35% Shs Outstand 41.03M
Shs Float 26.40M Short Float 0.33% Short Ratio 1.01
Short Interest — 52W High 4.50 52W Low 0.76
Beta 1.58 Avg Volume 107.62K Volume 126.00
Target Price $6.00 Recom Buy Prev Close $3.54
Price $3.54 Change 0.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$6.00
Mean price target
2. Current target
$3.54
Latest analyst target
3. DCF / Fair value
$-2.59
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.54
Low
$5.00
High
$8.00
Mean
$6.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-12-16 init Roth Capital — → Buy $6
2025-11-12 up Citizens Market Perform → Market Outperform $8
2024-10-17 init BTIG — → Neutral —
2024-09-16 reit JMP Securities — → Market Perform —
2023-11-10 main Stephens & Co. Overweight → Overweight $5
2023-08-11 main Piper Sandler Overweight → Overweight $5
2023-07-14 init Stephens & Co. — → Overweight $8
2023-06-15 main Lake Street — → Buy $9
2023-05-24 reit JMP Securities — → Market Perform —
2023-05-12 main Lake Street Buy → Buy $6
2022-08-12 main Piper Sandler — → Overweight $12
2022-07-19 main Lake Street — → Buy $17
2022-05-20 init Lake Street — → Buy $12
2021-08-13 main JMP Securities — → Market Outperform $14
2020-05-12 main JMP Securities — → Market Outperform $5
2019-11-12 main Piper Sandler — → Overweight $10
2019-04-02 main JMP Securities Market Outperform → Market Outperform $8
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 12000 21600 — Conversion of Exercise of derivative security at price 1.80 per share. ROMAN SHAWN DAVID Chief Operating Officer — 2026-01-27 00:00:00 I
1 5336 6030 — Purchase at price 1.13 per share. HILL MATTHEW C Chief Financial Officer — 2024-08-13 00:00:00 D
2 6000 6780 — Purchase at price 1.13 per share. HILL MATTHEW C Chief Financial Officer — 2024-08-13 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.00-45.14K0.000.00
TaxRateForCalcs0.210.110.210.27
NormalizedEBITDA-16.80M-17.72M-22.01M-13.91M
TotalUnusualItems0.00-396.00K0.00
TotalUnusualItemsExcludingGoodwill0.00-396.00K0.00
NetIncomeFromContinuingOperationNetMinorityInterest-23.46M-18.71M-23.18M-15.17M
ReconciledDepreciation599.00K692.00K890.00K903.00K
ReconciledCostOfRevenue18.74M18.59M15.38M14.92M
EBITDA-16.80M-18.11M-22.01M-13.91M
EBIT-17.40M-18.80M-22.90M-14.81M
NetInterestIncome-4.30M-1.56M142.00K1.00K
InterestExpense5.91M2.48M15.00K10.00K
InterestIncome1.61M921.00K157.00K11.00K
NormalizedIncome-23.46M-18.36M-23.18M-15.17M
NetIncomeFromContinuingAndDiscontinuedOperation-23.46M-18.71M-23.18M-15.17M
TotalExpenses66.95M72.30M68.07M62.97M
TotalOperatingIncomeAsReported-18.84M-17.26M-23.56M-14.45M
DilutedAverageShares35.54M34.62M34.52M34.33M
BasicAverageShares35.54M34.62M34.52M34.33M
DilutedEPS-0.66-0.54-0.67-0.44
BasicEPS-0.66-0.54-0.67-0.44
DilutedNIAvailtoComStockholders-23.46M-18.71M-23.18M-15.17M
NetIncomeCommonStockholders-23.46M-18.71M-23.18M-15.17M
NetIncome-23.46M-18.71M-23.18M-15.17M
MinorityInterests96.00K137.00K94.00K28.00K
NetIncomeIncludingNoncontrollingInterests-23.56M-18.85M-23.28M-15.20M
NetIncomeContinuousOperations-23.56M-18.85M-23.28M-15.20M
TaxProvision252.00K-2.43M367.00K380.00K
PretaxIncome-23.31M-21.28M-22.91M-14.82M
OtherIncomeExpense-161.00K226.00K509.00K-373.00K
OtherNonOperatingIncomeExpenses-161.00K622.00K509.00K-373.00K
SpecialIncomeCharges0.00-396.00K0.00
OtherSpecialCharges396.00K
NetNonOperatingInterestIncomeExpense-4.30M-1.56M142.00K1.00K
InterestExpenseNonOperating5.91M2.48M15.00K10.00K
InterestIncomeNonOperating1.61M921.00K157.00K11.00K
OperatingIncome-18.84M-19.95M-23.56M-14.45M
OperatingExpense48.20M53.71M52.69M48.05M
ResearchAndDevelopment5.08M5.44M4.54M4.32M
SellingGeneralAndAdministration43.12M48.27M48.15M43.73M
GeneralAndAdministrativeExpense43.12M48.27M48.15M43.73M
OtherGandA25.77M29.23M29.53M26.21M
SalariesAndWages17.35M19.04M18.62M17.52M
GrossProfit29.36M33.76M29.13M33.60M
CostOfRevenue18.74M18.59M15.38M14.92M
TotalRevenue48.10M52.35M44.51M48.52M
OperatingRevenue48.10M52.35M44.51M48.52M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber37.79M34.64M34.60M34.41M
ShareIssued37.79M34.64M34.60M34.41M
NetDebt2.15M
TotalDebt38.76M38.50M796.00K305.00K
TangibleBookValue14.21M26.70M37.58M53.70M
InvestedCapital48.10M59.89M37.58M53.70M
WorkingCapital45.72M57.62M31.12M47.53M
NetTangibleAssets14.21M26.70M37.58M53.70M
CapitalLeaseObligations4.87M5.32M796.00K305.00K
CommonStockEquity14.21M26.70M37.58M53.70M
TotalCapitalization48.10M59.89M37.58M53.70M
TotalEquityGrossMinorityInterest14.34M26.92M37.79M54.01M
MinorityInterest125.00K221.00K211.00K305.00K
StockholdersEquity14.21M26.70M37.58M53.70M
RetainedEarnings-77.91M-54.45M-35.73M-12.55M
AdditionalPaidInCapital92.08M81.11M73.28M66.22M
CapitalStock38.00K35.00K35.00K34.00K
CommonStock38.00K35.00K35.00K34.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest50.51M52.32M13.98M14.71M
TotalNonCurrentLiabilitiesNetMinorityInterest39.79M39.58M2.13M1.51M
OtherNonCurrentLiabilities259.00K198.00K181.00K166.00K
NonCurrentDeferredLiabilities1.12M1.25M1.41M1.32M
NonCurrentDeferredRevenue1.12M1.25M1.41M1.32M
LongTermDebtAndCapitalLeaseObligation38.41M38.13M543.00K18.00K
LongTermCapitalLeaseObligation4.52M4.95M543.00K18.00K
LongTermDebt33.89M33.19M
CurrentLiabilities10.72M12.74M11.85M13.21M
OtherCurrentLiabilities2.08M1.86M
CurrentDeferredLiabilities693.00K488.00K853.00K533.00K
CurrentDeferredRevenue693.00K488.00K853.00K533.00K
CurrentDebtAndCapitalLeaseObligation355.00K367.00K253.00K287.00K
CurrentCapitalLeaseObligation355.00K367.00K253.00K287.00K
PensionandOtherPostRetirementBenefitPlansCurrent0.001.54M0.002.12M
PayablesAndAccruedExpenses9.67M10.34M10.74M10.27M
CurrentAccruedExpenses7.06M7.63M6.00M5.35M
Payables2.62M2.71M4.75M4.92M
TotalTaxPayable0.002.08M2.29M
AccountsPayable2.62M2.71M2.67M2.63M
TotalAssets64.84M79.24M51.77M68.72M
TotalNonCurrentAssets8.40M8.88M8.80M7.98M
OtherNonCurrentAssets1.66M1.73M1.22M1.11M
NetPPE6.74M7.15M7.59M6.87M
AccumulatedDepreciation-3.99M-3.52M-5.04M-5.32M
GrossPPE10.73M10.67M12.63M12.19M
Leases281.00K212.00K178.00K171.00K
ConstructionInProgress635.00K400.00K507.00K654.00K
OtherProperties5.71M6.15M1.67M1.16M
MachineryFurnitureEquipment4.10M3.90M4.24M4.18M
BuildingsAndImprovements0.004.43M4.43M
LandAndImprovements0.001.60M1.60M
Properties0.000.000.000.00
CurrentAssets56.44M70.36M42.97M60.74M
OtherCurrentAssets1.66M2.76M2.74M1.93M
PrepaidAssets1.93M
Inventory7.56M9.92M11.80M6.78M
InventoriesAdjustmentsAllowances-1.03M-875.00K-457.00K-263.00K
FinishedGoods2.71M4.43M5.12M2.00M
WorkInProcess1.92M2.26M2.16M1.44M
RawMaterials3.97M4.11M4.98M3.60M
Receivables15.48M14.02M18.25M21.16M
OtherReceivables30.00K99.00K483.00K
TaxesReceivable0.007.54M7.64M
AccountsReceivable15.48M14.02M10.60M13.04M
AllowanceForDoubtfulAccountsReceivable-1.00M-608.00K-668.00K-430.00K
GrossAccountsReceivable16.48M14.63M11.27M13.47M
CashCashEquivalentsAndShortTermInvestments31.74M43.65M10.19M30.87M
CashAndCashEquivalents31.74M43.65M10.19M30.87M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-18.77M-5.78M-21.29M-11.17M
RepaymentOfDebt-20.00K-11.07M-148.00K-238.00K
IssuanceOfDebt0.0046.11M0.00
IssuanceOfCapitalStock7.00M0.00
CapitalExpenditure-722.00K-533.00K-1.01M-723.00K
InterestPaidSupplementalData4.75M1.94M15.00K10.00K
IncomeTaxPaidSupplementalData382.00K329.00K128.00K111.00K
EndCashPosition31.74M43.65M10.19M30.87M
BeginningCashPosition43.65M10.19M30.87M41.91M
EffectOfExchangeRateChanges113.00K-191.00K395.00K103.00K
ChangesInCash-12.02M33.65M-21.07M-11.15M
FinancingCashFlow6.75M32.17M217.00K24.00K
CashFlowFromContinuingFinancingActivities6.75M32.17M217.00K24.00K
NetOtherFinancingCharges-235.00K-2.96M195.00K
ProceedsFromStockOptionExercised0.0086.00K365.00K67.00K
NetCommonStockIssuance7.00M0.00
CommonStockIssuance7.00M0.00
NetIssuancePaymentsOfDebt-20.00K35.04M-148.00K-238.00K
NetLongTermDebtIssuance-20.00K35.04M-148.00K-238.00K
LongTermDebtPayments-20.00K-11.07M-148.00K-238.00K
LongTermDebtIssuance0.0046.11M0.00
InvestingCashFlow-722.00K6.73M-1.01M-723.00K
CashFlowFromContinuingInvestingActivities-722.00K6.73M-1.01M-723.00K
NetPPEPurchaseAndSale-722.00K6.73M-1.01M-723.00K
SaleOfPPE0.007.27M0.00
PurchaseOfPPE-722.00K-533.00K-1.01M-723.00K
OperatingCashFlow-18.05M-5.25M-20.28M-10.45M
CashFlowFromContinuingOperatingActivities-18.05M-5.25M-20.28M-10.45M
ChangeInWorkingCapital-1.25M5.54M-5.22M-1.84M
ChangeInPayablesAndAccruedExpense-2.33M301.00K-1.14M4.55M
ChangeInAccruedExpense-2.27M276.00K-1.21M3.40M
ChangeInPayable-63.00K25.00K67.00K1.15M
ChangeInAccountPayable-63.00K25.00K67.00K1.15M
ChangeInPrepaidAssets857.00K-188.00K-523.00K1.35M
ChangeInInventory2.26M1.46M-5.57M-2.86M
ChangeInReceivables-2.04M3.97M2.02M-4.89M
ChangesInAccountReceivables-2.04M-3.57M1.92M-4.90M
OtherNonCashItems1.27M632.00K
StockBasedCompensation4.01M5.11M6.70M5.09M
ProvisionandWriteOffofAssets863.00K1.06M553.00K555.00K
DepreciationAmortizationDepletion599.00K692.00K890.00K903.00K
DepreciationAndAmortization599.00K692.00K890.00K903.00K
OperatingGainsLosses13.00K557.00K75.00K48.00K
GainLossOnSaleOfPPE13.00K-2.53M75.00K48.00K
NetIncomeFromContinuingOperations-23.56M-18.85M-23.28M-15.20M
SEC Filings

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

Public Trades for APYX
Date User Asset Broker Type Position Size Entry Price Patterns