CDIO Chart
About

Cardio Diagnostics Holdings, Inc. develops and commercializes epigenetics-based clinical tests for cardiovascular disease. The company offers Epi+Gen CHD, a three-year symptomatic coronary heart disease (CHD) risk assessment clinical blood test targeting CHD events, including heart attacks; PrecisionCHD, an integrated epigenetic-genetic clinical blood test for the detection of coronary heart disease; and Actionable Clinical Intelligence, a platform that offers new epigenetic and genetic insights to clinicians prescribing to help improve chronic care management. It also provides CardioInnovate360, a research-use-only solution to support the discovery, development and validation of novel biopharmaceuticals for the assessment and management of cardiovascular diseases; and HeartRisk, a SaaS cardiovascular disease risk intelligence platform. It serves telemedicine providers; provider organizations, including concierge practices, longevity clinics, and risk-bearing provider organizations; and employer organizations. Cardio Diagnostics Holdings, Inc. was founded in 2017 and is headquartered in Chicago, Illinois.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 8.87M
Enterprise Value 3.01M Income -6.55M Sales 15.78K
Book/sh 4.61 Cash/sh 3.48 Dividend Yield —
Payout 0.00% Employees 13 IPO —
P/E — Forward P/E -19.44 PEG —
P/S 562.33 P/B 1.05 P/C —
EV/EBITDA -0.49 EV/Sales 190.47 Quick Ratio 15.98
Current Ratio 17.39 Debt/Eq 5.97 LT Debt/Eq —
EPS (ttm) -11.91 EPS next Y -0.25 EPS Growth —
Revenue Growth -56.60% Earnings 2026-03-12 ROA -61.58%
ROE -110.70% ROIC — Gross Margin 100.00%
Oper. Margin -599.51% Profit Margin 0.00% Shs Outstand 1.83M
Shs Float 1.70M Short Float 7.20% Short Ratio 0.88
Short Interest — 52W High 17.40 52W Low 0.97
Beta 2.23 Avg Volume 4.12M Volume 573.50K
Target Price — Recom None Prev Close $5.30
Price $4.86 Change -8.30%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$4.86
Latest analyst target
3. DCF / Fair value
$-37.91
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$4.86
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-08-27 reit Benchmark Speculative Buy → Speculative Buy $2
2024-06-06 main Benchmark Speculative Buy → Speculative Buy $2
2024-04-19 main Benchmark Speculative Buy → Speculative Buy $1
2023-06-15 reit Benchmark Speculative Buy → Speculative Buy $8
2023-05-22 init Northland Capital Markets — → Outperform $8
2023-04-18 reit Benchmark — → Speculative Buy $8
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 68965 20000 — Purchase at price 0.29 per share. DOGAN MEESHANTHINI Chief Technology Officer — 2024-09-06 00:00:00 D
1 68965 20000 — Purchase at price 0.29 per share. DOGAN MEESHANTHINI Chief Executive Officer — 2024-09-06 00:00:00 D
2 68965 20000 — Purchase at price 0.29 per share. DOGAN MEESHANTHINI Chief Executive Officer — 2024-09-06 00:00:00 D
3 68965 20000 — Purchase at price 0.29 per share. DOGAN TIMUR Chief Technology Officer — 2024-09-06 00:00:00 D
4 68965 20000 — Purchase at price 0.29 per share. DOGAN TIMUR Chief Technology Officer — 2024-09-06 00:00:00 D
5 34075 9763 — Purchase at price 0.28 - 0.29 per share. PHILIBERT ROBERT Officer and Director — 2024-09-06 00:00:00 I
6 8803 12500 — Conversion of Exercise of derivative security at price 1.42 per share. LEVY ODED Director — 2024-03-28 00:00:00 D
7 8803 12500 — Conversion of Exercise of derivative security at price 1.42 per share. LAU STANLEY K Director — 2024-03-28 00:00:00 D
8 8803 12500 — Conversion of Exercise of derivative security at price 1.42 per share. INTRATER JAMES Director — 2024-03-28 00:00:00 D
9 8803 12500 — Conversion of Exercise of derivative security at price 1.42 per share. BURTON PAUL FREDERICK Director — 2024-03-28 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-8.09M-7.13M-4.53M-604.45K
TotalUnusualItems0.005.60M-112.53K0.00
TotalUnusualItemsExcludingGoodwill0.005.60M-112.53K0.00
NetIncomeFromContinuingOperationNetMinorityInterest-8.38M-8.38M-4.66M-620.45K
ReconciledDepreciation276.35K111.62K16.00K16.00K
EBITDA-8.09M-1.53M-4.64M-604.45K
EBIT-8.36M-1.64M-4.66M-620.45K
NetInterestIncome-17.58K-6.73M0.00
InterestExpense18.64K6.74M0.00
InterestIncome1.06K1.07K0.00
NormalizedIncome-8.38M-13.98M-4.55M-620.45K
NetIncomeFromContinuingAndDiscontinuedOperation-8.38M-8.38M-4.66M-620.45K
TotalExpenses8.40M7.26M4.55M621.35K
TotalOperatingIncomeAsReported-8.37M-7.24M-4.55M-620.45K
DilutedAverageShares896.42K422.84K102.92K317.16K
BasicAverageShares896.42K422.84K102.92K317.16K
DilutedEPS-9.30-19.80-45.30-1.96
BasicEPS-9.30-19.80-45.30-1.96
DilutedNIAvailtoComStockholders-8.38M-8.38M-4.66M-620.45K
NetIncomeCommonStockholders-8.38M-8.38M-4.66M-620.45K
NetIncome-8.38M-8.38M-4.66M-620.45K
NetIncomeIncludingNoncontrollingInterests-8.38M-8.38M-4.66M-620.45K
NetIncomeContinuousOperations-8.38M-8.38M-4.66M-620.45K
TaxProvision0.000.000.000.00
PretaxIncome-8.38M-8.38M-4.66M-620.45K
OtherIncomeExpense5.60M-112.53K
SpecialIncomeCharges0.00193.35K-112.53K0.00
OtherSpecialCharges-193.35K
RestructuringAndMergernAcquisition0.00112.53K0.00
GainOnSaleOfSecurity5.41M
NetNonOperatingInterestIncomeExpense-17.58K-6.73M0.00
InterestExpenseNonOperating18.64K6.74M0.00
InterestIncomeNonOperating1.06K1.07K0.00
OperatingIncome-8.37M-7.24M-4.55M-620.45K
OperatingExpense8.40M7.26M4.55M621.35K
DepreciationAmortizationDepletionIncomeStatement19.74K19.18K16.00K16.00K
DepreciationAndAmortizationInIncomeStatement19.74K19.18K16.00K16.00K
Amortization19.74K19.18K16.00K16.00K
AmortizationOfIntangiblesIncomeStatement19.74K19.18K16.00K16.00K
ResearchAndDevelopment29.12K145.18K40.45K31.47K
SellingGeneralAndAdministration8.35M7.10M4.49M573.88K
SellingAndMarketingExpense182.45K158.51K92.70K103.32K
GeneralAndAdministrativeExpense8.17M6.94M4.40M470.56K
OtherGandA8.17M6.94M4.40M470.56K
TotalRevenue34.89K17.07K950.00901.00
OperatingRevenue34.89K17.07K950.00901.00
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber1.53M684.68K317.16K317.16K
ShareIssued1.53M684.68K317.16K317.16K
TotalDebt663.10K887.03K0.00
TangibleBookValue8.85M2.42M3.94M769.50K
InvestedCapital9.56M2.96M4.30M1.07M
WorkingCapital8.16M1.92M3.94M769.62K
NetTangibleAssets8.85M2.42M3.94M769.50K
CapitalLeaseObligations663.10K887.03K0.00
CommonStockEquity9.56M2.96M4.30M1.07M
TotalCapitalization9.56M2.96M4.30M1.07M
TotalEquityGrossMinorityInterest9.56M2.96M4.30M1.07M
StockholdersEquity9.56M2.96M4.30M1.07M
RetainedEarnings-22.75M-14.37M-5.99M-1.33M
AdditionalPaidInCapital32.31M17.33M10.29M2.40M
CapitalStock459.00205.0095.000.00
CommonStock459.00205.0095.000.00
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest1.06M1.50M1.95M34.01K
TotalNonCurrentLiabilitiesNetMinorityInterest425.83K663.10K0.00123.00
OtherNonCurrentLiabilities123.00
TradeandOtherPayablesNonCurrent1.10M33.88K
LongTermDebtAndCapitalLeaseObligation425.83K663.10K0.00
LongTermCapitalLeaseObligation425.83K663.10K0.00
CurrentLiabilities631.70K841.14K1.95M33.88K
CurrentDebtAndCapitalLeaseObligation237.27K223.93K
CurrentCapitalLeaseObligation237.27K223.93K0.00
PayablesAndAccruedExpenses394.43K617.21K1.95M33.88K
Payables394.43K617.21K1.95M33.88K
OtherPayable306.76K374.00K849.03K
AccountsPayable87.66K243.21K1.10M33.88K
TotalAssets10.62M4.46M6.25M1.10M
TotalNonCurrentAssets1.82M1.70M363.59K298.49K
NonCurrentPrepaidAssets12.85K12.85K4.95K0.00
GoodwillAndOtherIntangibleAssets706.42K536.74K358.64K298.49K
OtherIntangibleAssets706.42K536.74K358.64K298.49K
NetPPE1.11M1.15M0.00
AccumulatedDepreciation-117.57K-3.79K0.00
GrossPPE1.22M1.15M0.00
Leases502.15K482.17K0.00
OtherProperties602.82K575.23K
MachineryFurnitureEquipment117.85K93.49K0.00
Properties0.000.000.00
CurrentAssets8.79M2.77M5.89M803.51K
OtherCurrentAssets944.68K1.48M1.77M39.84K
PrepaidAssets0.00250.00K
Receivables18.61K4.96K0.00901.00
AccountsReceivable18.61K4.96K0.00901.00
CashCashEquivalentsAndShortTermInvestments7.83M1.28M4.12M512.77K
CashAndCashEquivalents7.83M1.28M4.12M512.77K
CashFinancial7.83M1.28M4.12M512.77K
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-5.40M-6.47M-5.17M-699.32K
IssuanceOfDebt0.004.50M0.00
IssuanceOfCapitalStock12.55M0.0011.99M1.12M
CapitalExpenditure-404.19K-794.29K-76.15K-114.03K
InterestPaidSupplementalData18.64K30.49K5.83K0.00
IncomeTaxPaidSupplementalData0.000.00
EndCashPosition7.83M1.28M4.12M512.77K
BeginningCashPosition1.28M4.12M512.77K237.09K
ChangesInCash6.54M-2.83M3.60M275.68K
FinancingCashFlow11.94M3.63M9.06M1.23M
CashFlowFromContinuingFinancingActivities11.94M3.63M9.06M1.23M
NetOtherFinancingCharges-605.69K-1.26M-2.92M105.00K
ProceedsFromStockOptionExercised0.00390.00K0.00
NetCommonStockIssuance12.55M0.0011.99M1.12M
CommonStockIssuance12.55M0.0011.99M1.12M
NetIssuancePaymentsOfDebt0.004.50M0.00
NetLongTermDebtIssuance0.004.50M0.00
LongTermDebtIssuance0.004.50M0.00
InvestingCashFlow-404.19K-794.29K-368.00K-364.03K
CashFlowFromContinuingInvestingActivities-404.19K-794.29K-368.00K-364.03K
NetOtherInvestingChanges-21.35K-433.33K
NetBusinessPurchaseAndSale0.00141.49K-250.00K
SaleOfBusiness0.00141.49K0.00
PurchaseOfBusiness0.00-250.00K
NetIntangiblesPurchaseAndSale-189.43K-197.28K-76.15K-114.03K
PurchaseOfIntangibles-189.43K-197.28K-76.15K-114.03K
NetPPEPurchaseAndSale-214.76K-597.01K0.00
PurchaseOfPPE-214.76K-597.01K0.00
OperatingCashFlow-4.99M-5.67M-5.09M-585.29K
CashFlowFromContinuingOperatingActivities-4.99M-5.67M-5.09M-585.29K
ChangeInWorkingCapital522.84K208.81K-558.52K-37.56K
ChangeInOtherCurrentLiabilities-223.93K244.50K0.00
ChangeInPayablesAndAccruedExpense-155.55K-781.50K136.35K-5.65K
ChangeInPrepaidAssets915.97K750.77K-695.77K-31.01K
ChangeInReceivables-13.65K-4.96K901.00-901.00
ChangesInAccountReceivables-13.65K-4.96K901.00-901.00
OtherNonCashItems6.70M112.53K-3.28K
StockBasedCompensation2.59M1.28M0.0060.00K
DepreciationAmortizationDepletion276.35K111.62K16.00K16.00K
DepreciationAndAmortization276.35K111.62K16.00K16.00K
AmortizationCashFlow162.57K107.83K16.00K16.00K
AmortizationOfIntangibles162.57K107.83K16.00K16.00K
Depreciation113.78K3.79K0.00
OperatingGainsLosses-5.60M
GainLossOnInvestmentSecurities-5.41M
NetIncomeFromContinuingOperations-8.38M-8.38M-4.66M-620.45K
SEC Filings

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

Public Trades for CDIO
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