ELUT Chart
About

Elutia Inc., a commercial-stage company, develops and commercializes drug-eluting biologics products for neurostimulation and breast reconstruction in the United States. It operates in three segments: Device Protection, Women's Health, and Cardiovascular. The company offers EluPro, which is used to accommodate cardiac implantable electronic devices, such as pacemakers and internal defibrillators; and CanGaroo, which mitigates complications derived from implantable electronic devices and shortcomings of synthetic envelopes. It also provides ProxiCor for cardiac tissue repair and pericardial closure; Tyke, an extracellular material that is used in the repair of cardiac structures for neonate and infant patients; and VasCure, a patch material used to repair or reconstruct the peripheral vasculature. In addition, the company offers SimpliDerm, which uses human acellular dermal matrices for tissue repair and reconstruction in various applications, such as sports medicine, hernia repair, trauma reconstruction, and breast reconstruction. It serves hospitals and healthcare facilities through its direct sales force, commercial partners, independent sales agents, and distributors. The company was formerly known as Aziyo Biologics, Inc. and changed its name to Elutia Inc. in September 2023. Elutia Inc. was incorporated in 2015 and is headquartered in Silver Spring, Maryland.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Medical Devices Market Cap 47.40M
Enterprise Value 70.96M Income -25.30M Sales 21.75M
Book/sh -1.03 Cash/sh 0.11 Dividend Yield —
Payout 0.00% Employees 51 IPO —
P/E — Forward P/E -1.01 PEG —
P/S 2.18 P/B -1.08 P/C —
EV/EBITDA -3.67 EV/Sales 3.26 Quick Ratio 0.20
Current Ratio 0.45 Debt/Eq — LT Debt/Eq —
EPS (ttm) -0.93 EPS next Y -1.10 EPS Growth —
Revenue Growth -9.30% Earnings 2026-03-05 ROA -36.48%
ROE — ROIC — Gross Margin 45.97%
Oper. Margin -131.06% Profit Margin -121.73% Shs Outstand 40.35M
Shs Float 24.85M Short Float 0.54% Short Ratio 0.38
Short Interest — 52W High 3.46 52W Low 0.50
Beta 0.67 Avg Volume 381.28K Volume 45.43K
Target Price $3.50 Recom None Prev Close $1.09
Price $1.11 Change 1.83%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$3.50
Mean price target
2. Current target
$1.11
Latest analyst target
3. DCF / Fair value
$-6.17
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.11
Low
$2.00
High
$5.00
Mean
$3.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-09-10 main Lake Street Buy → Buy $6
2025-05-09 main Lake Street Buy → Buy $8
2025-03-07 reit Cantor Fitzgerald Overweight → Overweight $8
2024-11-15 reit Cantor Fitzgerald Overweight → Overweight $10
2024-09-06 reit Cantor Fitzgerald Overweight → Overweight $10
2024-08-08 main Cantor Fitzgerald Overweight → Overweight $10
2024-06-21 main Lake Street Buy → Buy $10
2024-06-20 main Cantor Fitzgerald Overweight → Overweight $11
2024-06-18 main Cantor Fitzgerald Overweight → Overweight $11
2024-05-10 main Cantor Fitzgerald Overweight → Overweight $5
2023-11-14 main Cantor Fitzgerald Overweight → Overweight $6
2023-09-28 init Lake Street — → Buy $3
2023-09-26 reit Cantor Fitzgerald Overweight → Overweight $8
2023-09-19 reit Cantor Fitzgerald Overweight → Overweight $8
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 20000 20800.0 — Purchase at price 1.04 per share. NEELS GUIDO J Director — 2026-01-30 00:00:00 D
1 70000 74200.0 — Purchase at price 1.06 per share. RAKIN KEVIN L Director and Beneficial Owner of more than 10% of a Class of Security — 2026-01-30 00:00:00 D
2 30000 31800.0 — Purchase at price 1.06 per share. NEELS GUIDO J Director — 2026-01-29 00:00:00 D
3 25000 13000.0 — Purchase at price 0.52 per share. MAKES BRIGID A Director — 2025-12-17 00:00:00 D
4 50000 25995.0 — Purchase at price 0.52 per share. RAKIN KEVIN L Director and Beneficial Owner of more than 10% of a Class of Security — 2025-12-17 00:00:00 I
5 3000 1530.0 — Purchase at price 0.51 per share. MILLS CHARLES RANDAL Chief Executive Officer — 2025-12-17 00:00:00 D
6 60000 31800.0 — Purchase at price 0.53 per share. FERGUSON MATTHEW B Chief Financial Officer — 2025-12-17 00:00:00 D
7 12500 6375.0 — Purchase at price 0.51 per share. COLPMAN DAVID Director — 2025-12-17 00:00:00 D
8 27083 nan — — MILLS CHARLES RANDAL Chief Executive Officer — 2025-12-10 00:00:00 D
9 12500 nan — — FERGUSON MATTHEW B Chief Financial Officer — 2025-12-10 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.00-2.97M-1.09M-74.52K
TaxRateForCalcs0.000.210.210.27
NormalizedEBITDA-19.65M-17.55M-22.10M-15.45M
TotalUnusualItems-26.25M-14.13M-5.20M-276.00K
TotalUnusualItemsExcludingGoodwill-26.25M-14.13M-5.20M-276.00K
NetIncomeFromContinuingOperationNetMinorityInterest-54.13M-41.25M-36.18M-24.83M
ReconciledDepreciation3.45M3.75M3.73M3.73M
ReconciledCostOfRevenue13.67M13.69M12.21M28.37M
EBITDA-45.89M-31.68M-27.30M-15.72M
EBIT-49.34M-35.42M-31.03M-19.45M
NetInterestIncome-4.78M-5.80M-5.12M-5.32M
InterestExpense4.78M5.80M5.12M5.32M
NormalizedIncome-27.88M-30.09M-32.07M-24.63M
NetIncomeFromContinuingAndDiscontinuedOperation-53.95M-37.66M-32.90M-24.83M
TotalExpenses48.66M45.28M53.84M70.15M
TotalOperatingIncomeAsReported-35.65M-30.53M-35.19M-23.03M
DilutedAverageShares29.07M18.16M13.83M10.44M
BasicAverageShares29.07M18.16M13.83M10.44M
DilutedEPS-1.86-2.07-2.38-2.38
BasicEPS-1.86-2.07-2.38-2.38
DilutedNIAvailtoComStockholders-53.95M-37.66M-32.90M-24.83M
NetIncomeCommonStockholders-53.95M-37.66M-32.90M-24.83M
OtherunderPreferredStockDividend0.00
NetIncome-53.95M-37.66M-32.90M-24.83M
NetIncomeIncludingNoncontrollingInterests-53.95M-37.66M-32.90M-24.83M
NetIncomeDiscontinuousOperations180.00K3.59M3.29M
NetIncomeContinuousOperations-54.13M-41.25M-36.18M-24.83M
TaxProvision7.00K28.00K34.00K55.00K
PretaxIncome-54.12M-41.22M-36.15M-24.78M
OtherIncomeExpense-25.06M-14.89M-1.04M3.30M
OtherNonOperatingIncomeExpenses1.19M-759.00K4.16M3.58M
SpecialIncomeCharges-11.37M-9.99M-5.20M-276.00K
OtherSpecialCharges11.37M9.99M5.20M276.00K
GainOnSaleOfSecurity-14.88M-4.14M
NetNonOperatingInterestIncomeExpense-4.78M-5.80M-5.12M-5.32M
InterestExpenseNonOperating4.78M5.80M5.12M5.32M
OperatingIncome-24.28M-20.54M-29.99M-22.76M
OperatingExpense34.99M31.59M41.63M41.78M
ResearchAndDevelopment3.79M4.40M7.73M9.27M
SellingGeneralAndAdministration31.20M27.19M33.90M32.51M
SellingAndMarketingExpense12.55M13.09M17.85M18.82M
GeneralAndAdministrativeExpense18.66M14.10M16.05M13.69M
OtherGandA18.66M14.10M16.05M13.69M
GrossProfit10.71M11.05M11.64M19.02M
CostOfRevenue13.67M13.69M12.21M28.37M
TotalRevenue24.38M24.75M23.85M47.39M
OperatingRevenue24.38M24.75M23.85M47.39M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber35.21M23.20M16.14M13.56M
ShareIssued35.21M23.20M16.14M13.56M
NetDebt10.61M4.40M7.27M
TotalDebt24.74M23.95M24.49M23.24M
TangibleBookValue-54.53M-50.27M-20.10M-4.95M
InvestedCapital-22.41M-14.92M19.23M36.75M
WorkingCapital-11.62M-11.78M8.08M21.43M
NetTangibleAssets-54.53M-50.27M-20.10M-4.95M
CapitalLeaseObligations883.00K275.00K232.00K5.00K
CommonStockEquity-46.26M-38.60M-5.03M13.52M
TotalCapitalization-23.66M-18.24M19.23M23.93M
TotalEquityGrossMinorityInterest-46.26M-38.60M-5.03M13.52M
StockholdersEquity-46.26M-38.60M-5.03M13.52M
RetainedEarnings-229.59M-175.64M-137.99M-105.09M
AdditionalPaidInCapital183.30M137.02M132.94M118.60M
CapitalStock35.00K23.00K16.00K13.00K
CommonStock35.00K23.00K16.00K13.00K
TotalLiabilitiesNetMinorityInterest82.39M82.03M73.87M53.65M
TotalNonCurrentLiabilitiesNetMinorityInterest44.59M38.99M31.26M27.65M
OtherNonCurrentLiabilities5.49M5.88M6.04M17.24M
LiabilitiesHeldforSaleNonCurrent0.00956.00K
DerivativeProductLiabilities16.08M12.76M0.00
NonCurrentDeferredLiabilities698.00K
NonCurrentDeferredRevenue698.00K
LongTermDebtAndCapitalLeaseObligation23.03M20.36M24.26M10.41M
LongTermCapitalLeaseObligation423.00K0.00956.00K0.00
LongTermDebt22.60M20.36M24.26M10.41M
CurrentLiabilities37.80M43.04M42.62M26.00M
OtherCurrentLiabilities24.83M26.77M31.28M2.75M
CurrentDeferredLiabilities5.00K
CurrentDeferredRevenue5.00K
CurrentDebtAndCapitalLeaseObligation1.71M3.60M232.00K12.83M
CurrentCapitalLeaseObligation460.00K275.00K232.00K5.00K
CurrentDebt1.25M3.32M12.82M
OtherCurrentBorrowings1.25M3.32M8.06M
LineOfCredit0.004.76M
PayablesAndAccruedExpenses11.25M12.68M11.10M10.42M
CurrentAccruedExpenses7.10M9.48M8.83M6.38M
Payables4.15M3.19M2.27M4.05M
OtherPayable906.00K900.00K2.47M
AccountsPayable4.15M3.19M1.37M1.58M
TotalAssets36.13M43.43M68.84M67.17M
TotalNonCurrentAssets9.96M12.18M18.14M19.74M
OtherNonCurrentAssets2.51M76.00K
GoodwillAndOtherIntangibleAssets8.27M11.67M15.07M18.47M
OtherIntangibleAssets8.27M11.67M15.07M18.47M
NetPPE1.68M504.00K565.00K1.28M
AccumulatedDepreciation-634.00K-581.00K-585.00K-4.44M
GrossPPE2.32M1.08M1.15M5.72M
Leases103.00K92.00K613.00K606.00K
OtherProperties1.93M713.00K-680.00K3.93M
MachineryFurnitureEquipment281.00K280.00K1.22M1.18M
Properties0.000.000.000.00
CurrentAssets26.17M31.25M50.70M47.43M
OtherCurrentAssets1.99M2.17M2.39M1.45M
AssetsHeldForSaleCurrent0.009.50M
RestrictedCash0.0035.00K
PrepaidAssets1.45M
Inventory3.91M3.85M4.24M9.55M
FinishedGoods2.73M3.33M3.05M6.84M
WorkInProcess740.00K286.00K541.00K834.00K
RawMaterials440.00K242.00K652.00K1.88M
Receivables7.04M5.96M17.59M6.00M
OtherReceivables4.76M2.70M13.81M
AccountsReceivable2.28M3.26M3.77M6.00M
AllowanceForDoubtfulAccountsReceivable-600.00K-700.00K-100.00K-100.00K
GrossAccountsReceivable2.88M3.96M3.87M6.10M
CashCashEquivalentsAndShortTermInvestments13.24M19.28M16.99M30.39M
CashAndCashEquivalents13.24M19.28M16.99M30.39M
CashFinancial16.99M30.39M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-23.31M-22.11M-21.97M-15.81M
RepaymentOfDebt0.00-4.76M-2.78M
IssuanceOfDebt25.00M0.00
IssuanceOfCapitalStock12.39M10.09M10.09M13.75M
CapitalExpenditure-654.00K-346.00K-540.00K-369.00K
InterestPaidSupplementalData5.29M2.32M5.48M4.98M
EndCashPosition13.24M19.28M16.99M30.43M
BeginningCashPosition19.28M16.99M30.43M39.53M
ChangesInCash-6.04M2.29M-13.44M-9.10M
FinancingCashFlow17.09M9.84M8.54M6.71M
CashFlowFromContinuingFinancingActivities17.09M9.84M8.54M6.71M
NetOtherFinancingCharges-9.18M1.49M-3.57M-2.75M
ProceedsFromStockOptionExercised15.89M219.00K395.00K234.00K
NetPreferredStockIssuance0.00
PreferredStockIssuance0.00
NetCommonStockIssuance12.39M10.09M10.09M13.75M
CommonStockIssuance12.39M10.09M10.09M13.75M
NetIssuancePaymentsOfDebt-2.00M-1.96M1.62M-4.53M
NetShortTermDebtIssuance0.00-4.76M-1.75M
ShortTermDebtPayments0.00-4.76M-1.75M
NetLongTermDebtIssuance-2.00M-1.96M6.38M-2.78M
LongTermDebtPayments-18.61M-2.78M
LongTermDebtIssuance25.00M0.00
InvestingCashFlow-474.00K14.21M-540.00K-369.00K
CashFlowFromContinuingInvestingActivities-474.00K14.21M-540.00K-369.00K
NetBusinessPurchaseAndSale180.00K14.55M0.00
SaleOfBusiness180.00K14.55M0.00
CapitalExpenditureReported-654.00K-346.00K-540.00K-369.00K
OperatingCashFlow-22.66M-21.76M-21.43M-15.45M
CashFlowFromContinuingOperatingActivities-22.66M-21.76M-21.43M-15.45M
ChangeInWorkingCapital2.94M6.96M5.71M2.38M
ChangeInOtherWorkingCapital-70.00K-571.00K-552.00K
ChangeInOtherCurrentLiabilities4.94M-2.41M16.79M-380.00K
ChangeInPayablesAndAccruedExpense-1.15M-2.11M5.59M-420.00K
ChangeInPrepaidAssets743.00K167.00K-1.53M1.44M
ChangeInInventory-58.00K-609.00K-498.00K563.00K
ChangeInReceivables-1.54M11.92M-14.65M1.17M
ChangesInAccountReceivables527.00K802.00K-834.00K1.17M
OtherNonCashItems1.85M5.55M-1.94M2.77M
StockBasedCompensation7.89M2.44M3.65M3.54M
AssetImpairmentCharge460.00K590.00K0.00
DepreciationAmortizationDepletion3.45M3.75M3.73M3.73M
DepreciationAndAmortization3.45M3.75M3.73M3.73M
OperatingGainsLosses14.70M-3.39M311.00K-3.03M
GainLossOnInvestmentSecurities14.88M4.14M
GainLossOnSaleOfBusiness-180.00K-7.53M0.00
NetIncomeFromContinuingOperations-53.95M-37.66M-32.90M-24.83M
SEC Filings

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

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