RMTI Chart
About

Rockwell Medical, Inc., together with its subsidiaries, develops, manufactures, commercializes, and distributes various hemodialysis products for dialysis providers worldwide. The company offers citrapure citric acid concentrate, dri-sate dry acid concentrate, renalpure liquid acid concentrate, dri-sate acid concentrate mixer, renalpure acid concentrate, renalpure bicarbonate concentrate, sterilyte bicarbonate concentrate, centrisol and renasol hemodialysis concentrates, and dry acid concentrate mixer, as well as ancillary products, including 5% acetic acid, cleaner, citric acid descaler, water softener salt pellets, and other supplies used by hemodialysis providers. Its hemodialysis concentrate products are used to sustain patient's life by removing toxins and balancing electrolytes in a dialysis patient's bloodstream. In addition, the company offers dialysis concentrates, dialysis kits, and other ancillary products used in the dialysis process. The company was formerly known as Rockwell Medical Technologies, Inc. and changed its name to Rockwell Medical, Inc. in June 2012. Rockwell Medical, Inc. was incorporated in 1996 and is headquartered in Wixom, Michigan.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Drug Manufacturers - Spe Market Cap 36.65M
Enterprise Value 26.44M Income -5.93M Sales 75.58M
Book/sh 0.94 Cash/sh 0.60 Dividend Yield —
Payout 0.00% Employees 244 IPO —
P/E — Forward P/E 13.29 PEG —
P/S 0.48 P/B 0.99 P/C —
EV/EBITDA -10.08 EV/Sales 0.35 Quick Ratio 3.34
Current Ratio 3.92 Debt/Eq 35.45 LT Debt/Eq —
EPS (ttm) -0.18 EPS next Y 0.07 EPS Growth —
Revenue Growth -43.80% Earnings 2026-03-26 ROA -5.25%
ROE -16.68% ROIC — Gross Margin 15.15%
Oper. Margin -9.95% Profit Margin -7.30% Shs Outstand 39.41M
Shs Float 35.24M Short Float 1.94% Short Ratio 0.47
Short Interest — 52W High 2.10 52W Low 0.78
Beta 1.69 Avg Volume 694.23K Volume 297.50K
Target Price $3.75 Recom None Prev Close $0.94
Price $0.93 Change -1.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$3.75
Mean price target
2. Current target
$0.93
Latest analyst target
3. DCF / Fair value
$-1.08
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.93
Low
$2.50
High
$5.00
Mean
$3.75

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-26 reit HC Wainwright & Co. Buy → Buy $3
2025-11-13 main HC Wainwright & Co. Buy → Buy $3
2025-03-24 main HC Wainwright & Co. Buy → Buy $3
2024-12-23 reit HC Wainwright & Co. Buy → Buy $7
2024-11-25 main HC Wainwright & Co. Buy → Buy $7
2024-11-14 init Rodman & Renshaw — → Buy $5
2024-08-12 reit HC Wainwright & Co. Buy → Buy $9
2024-05-16 reit HC Wainwright & Co. Buy → Buy $9
2024-03-25 main HC Wainwright & Co. Buy → Buy $9
2023-11-15 reit HC Wainwright & Co. Buy → Buy $11
2023-10-05 init Maxim Group — → Buy $5
2023-10-04 reit HC Wainwright & Co. Buy → Buy $11
2023-09-28 reit HC Wainwright & Co. Buy → Buy $11
2023-08-15 reit HC Wainwright & Co. Buy → Buy $11
2023-07-17 main HC Wainwright & Co. Buy → Buy $11
2023-05-30 main HC Wainwright & Co. Buy → Buy $9
2023-05-02 reit HC Wainwright & Co. — → Buy $7
2023-04-04 reit HC Wainwright & Co. — → Buy $7
2023-02-13 reit HC Wainwright & Co. — → Buy $7
2023-02-08 main HC Wainwright & Co. — → Buy $7
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 886 740 — Sale at price 0.84 per share. NERI JESSE Chief Financial Officer — 2026-01-02 00:00:00 D
1 2868 2396 — Sale at price 0.84 per share. HUNTER HEATHER R. Chief Operating Officer — 2026-01-02 00:00:00 D
2 5079 4419 — Sale at price 0.87 per share. COOPER JOHN G Director — 2025-11-18 00:00:00 D
3 25000 — — Stock Award(Grant) at price 0.00 per share. DAWSON JOSEPH H. Director — 2025-11-17 00:00:00 D
4 6926 8242 — Sale at price 1.19 per share. STROBECK MARK Chief Executive Officer — 2025-10-01 00:00:00 D
5 886 1054 — Sale at price 1.19 per share. NERI JESSE Chief Financial Officer — 2025-10-01 00:00:00 D
6 2868 3413 — Sale at price 1.19 per share. CHOLE TIMOTHY Officer — 2025-10-01 00:00:00 D
7 2868 3413 — Sale at price 1.19 per share. HUNTER HEATHER R. Chief Operating Officer — 2025-10-01 00:00:00 D
8 6926 5679 — Sale at price 0.82 per share. STROBECK MARK Chief Executive Officer — 2025-07-01 00:00:00 D
9 6926 5679 — Sale at price 0.82 per share. STROBECK MARK Chief Executive Officer — 2025-07-01 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
NormalizedEBITDA2.88M-5.01M-16.17M-27.80M
TotalUnusualItems74.00K321.00K4.00K
TotalUnusualItemsExcludingGoodwill74.00K321.00K4.00K
NetIncomeFromContinuingOperationNetMinorityInterest-480.00K-8.44M-18.68M-32.67M
ReconciledDepreciation2.18M1.44M576.00K2.52M
ReconciledCostOfRevenue84.00M74.91M68.73M64.35M
EBITDA2.95M-4.69M-16.17M-27.80M
EBIT774.00K-6.14M-16.74M-30.31M
NetInterestIncome-1.16M-2.09M-1.90M-2.34M
InterestExpense1.25M2.30M1.94M2.36M
InterestIncome92.00K211.00K33.00K22.00K
NormalizedIncome-554.00K-8.76M-18.68M-32.67M
NetIncomeFromContinuingAndDiscontinuedOperation-480.00K-8.44M-18.68M-32.67M
TotalExpenses100.88M90.28M89.59M92.27M
TotalOperatingIncomeAsReported608.00K-6.67M-16.78M-30.34M
DilutedAverageShares31.06M23.32M9.87M8.53M
BasicAverageShares31.06M23.32M9.87M8.53M
DilutedEPS-0.03-0.37-1.89-3.83
BasicEPS-0.03-0.37-1.89-3.83
DilutedNIAvailtoComStockholders-782.00K-8.59M-18.68M-32.67M
NetIncomeCommonStockholders-782.00K-8.59M-18.68M-32.67M
OtherunderPreferredStockDividend302.00K150.00K
NetIncome-480.00K-8.44M-18.68M-32.67M
NetIncomeIncludingNoncontrollingInterests-480.00K-8.44M-18.68M-32.67M
NetIncomeContinuousOperations-480.00K-8.44M-18.68M-32.67M
PretaxIncome-480.00K-8.44M-18.68M-32.67M
OtherIncomeExpense74.00K321.00K4.00K
GainOnSaleOfSecurity74.00K321.00K4.00K
NetNonOperatingInterestIncomeExpense-1.16M-2.09M-1.90M-2.34M
InterestExpenseNonOperating1.25M2.30M1.94M2.36M
InterestIncomeNonOperating92.00K211.00K33.00K22.00K
OperatingIncome608.00K-6.67M-16.78M-30.34M
OperatingExpense16.88M15.37M20.86M27.92M
ResearchAndDevelopment19.00K1.11M3.12M6.83M
SellingGeneralAndAdministration16.86M14.27M17.74M21.08M
SellingAndMarketingExpense2.75M2.12M2.09M5.73M
GeneralAndAdministrativeExpense14.11M12.14M15.64M15.35M
OtherGandA14.11M12.14M15.64M15.35M
GrossProfit17.48M8.70M4.08M-2.42M
CostOfRevenue84.00M74.91M68.73M64.35M
TotalRevenue101.49M83.61M72.81M61.93M
OperatingRevenue101.49M83.61M72.81M61.93M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber34.06M29.13M12.16M8.54M
ShareIssued34.06M29.13M12.16M8.54M
NetDebt7.72M
TotalDebt13.54M13.44M16.36M28.89M
TangibleBookValue21.46M9.61M13.19M1.61M
InvestedCapital41.33M29.83M23.80M23.54M
WorkingCapital22.94M12.13M17.62M14.32M
NetTangibleAssets21.46M9.61M13.19M1.61M
CapitalLeaseObligations4.79M4.90M6.67M7.89M
CommonStockEquity32.59M21.29M14.11M2.54M
TotalCapitalization41.06M29.58M21.66M15.72M
TotalEquityGrossMinorityInterest32.59M21.29M14.11M2.54M
StockholdersEquity32.59M21.29M14.11M2.54M
GainsLossesNotAffectingRetainedEarnings54.00K-1.00K163.00K52.00K
OtherEquityAdjustments54.00K-1.00K163.00K52.00K
RetainedEarnings-397.68M-397.20M-388.76M-370.08M
AdditionalPaidInCapital430.21M418.49M402.70M372.56M
CapitalStock3.00K3.00K1.00K1.00K
CommonStock3.00K3.00K1.00K1.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest26.62M30.88M32.53M46.04M
TotalNonCurrentLiabilitiesNetMinorityInterest12.53M14.24M14.84M25.07M
OtherNonCurrentLiabilities14.00K14.00K14.00K
NonCurrentDeferredLiabilities1.43M2.98M2.60M5.99M
NonCurrentDeferredRevenue429.00K475.00K2.60M5.99M
LongTermDebtAndCapitalLeaseObligation11.10M11.26M12.22M19.07M
LongTermCapitalLeaseObligation2.63M2.96M4.67M5.89M
LongTermDebt8.47M8.29M7.55M13.19M
CurrentLiabilities14.09M16.64M17.69M20.97M
CurrentDeferredLiabilities2.51M2.79M1.80M2.31M
CurrentDeferredRevenue143.00K289.00K1.80M2.31M
CurrentDebtAndCapitalLeaseObligation2.43M2.18M4.14M9.82M
CurrentCapitalLeaseObligation2.17M1.94M2.00M2.00M
CurrentDebt268.00K244.00K2.13M7.82M
OtherCurrentBorrowings1.63M7.38M
CurrentNotesPayable268.00K244.00K503.00K437.00K
PensionandOtherPostRetirementBenefitPlansCurrent2.92M2.67M2.87M2.17M
PayablesAndAccruedExpenses6.22M9.00M8.88M6.66M
CurrentAccruedExpenses3.35M4.48M4.83M2.92M
Payables2.87M4.52M4.05M3.74M
AccountsPayable2.87M4.52M4.05M3.74M
TotalAssets59.21M52.17M46.63M48.57M
TotalNonCurrentAssets22.18M23.40M11.32M13.29M
OtherNonCurrentAssets706.00K705.00K1.80M2.14M
GoodwillAndOtherIntangibleAssets11.13M11.68M921.00K921.00K
OtherIntangibleAssets10.21M10.76M
Goodwill921.00K921.00K921.00K921.00K
NetPPE10.34M11.02M8.61M10.22M
AccumulatedDepreciation-10.40M-8.80M-7.64M-7.10M
GrossPPE20.75M19.82M16.24M17.33M
Leases1.56M1.42M1.26M1.20M
OtherProperties5.37M5.42M7.22M8.41M
MachineryFurnitureEquipment13.82M12.98M7.77M7.71M
Properties0.000.000.000.00
CurrentAssets37.03M28.77M35.31M35.29M
OtherCurrentAssets1.36M1.06M1.75M2.86M
PrepaidAssets2.86M
Inventory5.78M5.87M5.81M4.08M
FinishedGoods2.40M3.27M2.11M
WorkInProcess367.00K351.00K351.00K
RawMaterials3.01M2.25M3.35M
Receivables8.29M10.90M6.26M5.91M
AccountsReceivable8.29M10.90M6.26M5.91M
AllowanceForDoubtfulAccountsReceivable0.00-81.00K-33.00K-16.00K
GrossAccountsReceivable8.29M10.98M6.29M5.93M
CashCashEquivalentsAndShortTermInvestments21.60M10.94M21.49M22.44M
OtherShortTermInvestments5.94M1.95M11.39M9.16M
CashAndCashEquivalents15.66M8.98M10.10M13.28M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow3.19M-9.70M-17.21M-34.06M
RepurchaseOfCapitalStock0.00-6.00K
RepaymentOfDebt-1.20M-3.51M-13.68M-2.28M
IssuanceOfDebt0.00
IssuanceOfCapitalStock10.18M14.86M30.02M107.00K
CapitalExpenditure-1.01M-284.00K-281.00K-522.00K
InterestPaidSupplementalData847.00K1.21M1.47M1.83M
EndCashPosition15.66M8.98M10.10M13.28M
BeginningCashPosition8.98M10.10M13.28M48.68M
EffectOfExchangeRateChanges-5.00K-4.00K-3.00K
ChangesInCash6.68M-1.11M-3.17M-35.40M
FinancingCashFlow7.35M11.34M16.15M-2.18M
CashFlowFromContinuingFinancingActivities7.35M11.34M16.15M-2.18M
NetOtherFinancingCharges-1.63M-5.00K-191.00K
NetPreferredStockIssuance0.0015.00M
PreferredStockIssuance0.0015.00M
NetCommonStockIssuance10.18M14.86M15.02M101.00K
CommonStockPayments0.00-6.00K
CommonStockIssuance10.18M14.86M15.02M107.00K
NetIssuancePaymentsOfDebt-1.20M-3.51M-13.68M-2.28M
NetShortTermDebtIssuance-646.00K-992.00K-1.44M-1.53M
ShortTermDebtPayments-646.00K-992.00K-1.44M-1.53M
NetLongTermDebtIssuance-558.00K-2.52M-12.23M-750.00K
LongTermDebtPayments-558.00K-2.52M-12.23M-750.00K
LongTermDebtIssuance0.00
InvestingCashFlow-4.87M-3.04M-2.40M311.00K
CashFlowFromContinuingInvestingActivities-4.87M-3.04M-2.40M311.00K
NetInvestmentPurchaseAndSale-3.85M9.60M-2.12M833.00K
SaleOfInvestment2.00M15.30M19.18M26.89M
PurchaseOfInvestment-5.86M-5.70M-21.30M-26.06M
NetBusinessPurchaseAndSale0.00-12.36M0.00
PurchaseOfBusiness0.00-12.36M0.00
NetPPEPurchaseAndSale-1.01M-284.00K-281.00K-522.00K
PurchaseOfPPE-1.01M-284.00K-281.00K-522.00K
OperatingCashFlow4.20M-9.41M-16.93M-33.53M
CashFlowFromContinuingOperatingActivities4.20M-9.41M-16.93M-33.53M
ChangeInWorkingCapital-1.53M-7.24M-2.13M-4.84M
ChangeInOtherWorkingCapital-46.00K-3.81M-3.83M-2.03M
ChangeInOtherCurrentLiabilities-1.45M-1.47M1.11M-1.82M
ChangeInOtherCurrentAssets2.72M1.82M
ChangeInPayablesAndAccruedExpense-2.68M87.00K314.00K-416.00K
ChangeInAccruedExpense-1.03M-376.00K
ChangeInPayable-1.65M463.00K314.00K-416.00K
ChangeInAccountPayable-1.65M463.00K314.00K-416.00K
ChangeInPrepaidAssets374.00K1.41M2.72M
ChangeInInventory-332.00K1.18M-2.10M-656.00K
ChangeInReceivables2.61M-4.64M-346.00K-1.74M
ChangesInAccountReceivables2.61M-4.64M-346.00K-1.74M
OtherNonCashItems2.39M3.12M2.38M369.00K
StockBasedCompensation1.29M932.00K315.00K943.00K
ProvisionandWriteOffofAssets425.00K1.10M610.00K146.00K
DepreciationAmortizationDepletion2.18M1.44M576.00K2.52M
DepreciationAndAmortization2.18M1.44M576.00K2.52M
Depreciation2.59M2.52M
OperatingGainsLosses-74.00K-320.00K-7.00K10.00K
GainLossOnInvestmentSecurities-74.00K-321.00K-4.00K
NetForeignCurrencyExchangeGainLoss-3.00K2.00K
NetIncomeFromContinuingOperations-480.00K-8.44M-18.68M-32.67M
SEC Filings

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

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