RMS Medical Devices is specialized in the development, support, and distribution of supplies, instruments, and services for health practitioners. The company offers solutions for minimally invasive diagnostics and therapies in various medical fields.

RMS Medical Devices

iCAD, Inc. provides image analysis, workflow solutions, and radiation therapy for the treatment of cancer in the United States. It operates through two segments, Cancer Detection and Cancer Therapy. The company offers PowerLook platform, which hosts the AI algorithm solutions and manages the communications between imaging acquisition systems, and image storage and review systems; SecondLook, a machine learning-based cancer detection algorithm that analyzes 2D full-field digital mammography images to identify and mark suspicious masses and calcifications; and automated density assessment solutions, which provides automated, consistent, and standardized density assessment. It also offers ProFound AI, a deep-learning algorithm designed to detect malignant soft-tissue densities and calcifications in digital breast tomosynthesis; ProFound AI Risk, a tool that provides breast cancer risk estimation based on a screening mammogram; and magnetic resonance imaging applications, a tool to detect breast and prostate cancer. In addition, the company offers VeraLook, a solution designed to support the detection of colonic polyps in conjunction with CT Colonography. Further, it provides Xoft Axxent electronic brachytherapy systems for the treatment of early stage breast, non-melanoma skin, and gynecological cancers to university research and community hospitals, cancer care clinics, veterinary facilities, and dermatology offices. The company sells its products through direct sales organizations, as well as through various original equipment manufacturer partners, distributors, technology platform partners, and resellers. It also exports its products in Europe, Taiwan, Canada, China, and internationally. The company was formerly known as Howtek, Inc. and changed its name to iCAD, Inc. in June 2002. iCAD, Inc. was incorporated in 1984 and is headquartered in Nashua, New Hampshire.

iCAD, Inc.

Olympus Corporation is a global company known for its medical endoscopes, endotherapy devices, and therapeutic energy devices. It also has a history of producing cameras, audio recorders, and binoculars, which have been transferred to OM Digital Solutions. The company also offers scientific solutions and has a focus on technology and innovation.

Takeshi Yamashita

Olympus Corporation

Progressive Medical, Inc. is a specialty medical products sales, marketing, and distribution company, self-described as a market leader in the United States. They focus on long-term distribution partnerships with manufacturing partners and aim to reduce healthcare costs by maximizing clinical efficiency and improving safety.

Progressive Medical, Inc.

RMS Medical Devices | 784 followers on LinkedIn. &quot;Your Gateway to Optimized Health Solutions&quot; | &quot;Your Gateway to Optimized Health Solutions&quot;

At RMS Medical Devices, we specialize in the development, support, and distribution of high-quality medical supplies, instruments, and services tailored to the needs of healthcare professionals.

With almost 40 years of expertise, RMS provides comprehensive solutions for minimally invasive diagnostics and treatments across gastroenterology, mammography, pulmonology, radiology, urology, endo-urology, and proctology.

Our team of skilled medical experts brings hands-on knowledge and proven value to each examination, diagnosis, and surgical procedure.

"Passionate about driving growth, exploring business synergies, and advancing medical innovations for a healthier tomorrow."

Olivier Wouters

Administratief bediende

Ann Cooreman

Master's degree at VLEKHO Business School Brussel

Lucie Defraeye

Sales & Technical Manager at Rms Endoscopy

Miguel Candaele

🔹 RMS Medical Devices & het jaarlijkse Urologie Symposium🔹 Wij kijken ernaar uit om u te verwelkomen op het 25ste #Jubileum van het jaarlijkse Urologie Symposium in Ede! Dit evenement is dé gelegenheid voor urologie-, oncologie-, en incontinentie-verpleegkundigen om onze nieuwste innovaties en technieken te ontdekken. Tijdens het symposium zullen wij volgende nieuwigheden in de spotlight zetten: ✨ #MagneticBlackStar – voor geavanceerde en nauwkeurige verwijdering van nierstenen ✨ Tensi+ – innovatieve oplossing voor diagnostiek en behandeling van stress-incontinentie ✨ ClearPetra® - Well Lead – revolutionaire technologie voor endoscopische procedures in de urologie Kom langs bij onze stand en ontdek hoe RMS Medical Devices de zorg rondom #urologie , #oncologie en #incontinentie naar een hoger niveau tilt. 📅 Datum: Vrijdag 15 november 📍 Locatie: De Reehorst, Ede We kijken ernaar uit om u te ontmoeten en samen te bouwen aan de toekomst van urologische zorg!

📢 🤖 - Discover the latest version of our iCAD #ProfoundAI breast health suite, including the option of #PRIORS analysis in the #cancerdetection application #OptimizedHealthSolutions #BreasthealthAI #EarlyDetection

☢️dag van de stralende beroepen!!☢️ Namens RMS Medical Devices een stralende dag toegewenst! Met Mitch Verhagen Nederlandse Vereniging voor Radiologie (NVvR) @sandwichcursus ReeHorst

Simla Gosens

📢 RMS Medical Devices aanwezig op de NVU Najaarsvergadering! 📢 Op vrijdag 8 november zijn wij aanwezig bij de NVU Urologie -najaarsvergadering in Den Bosch! Onze collega’s Lieke Verhagen en Michaela Allard staan klaar om u te verwelkomen en onze nieuwste innovaties te delen. ✨ onze Focusproducten voor deze editie: 🏆 ClearPetra® - Well Lead 🌟 Magnetic Black-Star Urotech/Urovision 🔍 Scivita Medical Europe URS-scopen Deze producten bieden geavanceerde oplossingen voor urologische toepassingen en stellen ons in staat om samen met u de beste zorg te realiseren. Kom langs en ontdek wat RMS Medical Devices en ons team voor u kan betekenen! #OptimizedHealthSolutions #NVU #RMSMedicalDevices #Urologie #Innovatie #ClearPetra #MagneticBlackStar #ScivitaURS I Scivita Medical

📢 RMS Medical Devices @ #Sandwichcursus2024 ! 🏥🤖 Ook dit jaar is RMS Medical Devices trotse partner tijdens de #Sandwichcursus van de Nederlandse Vereniging voor Radiologie (NVvR) , die plaatsvindt van 5-8 november. Tijdens deze editie zetten we onze focus op #innovatie in zowel #MSK als #NucleaireRadiologie en de impact van ons uitgebreide AI-portfolio in de klinische praktijk: 🔹 GLEAMER AI Copilot: dé referentie voor geavanceerde beeldanalyse in MSK-radiologie. 🔹 Koios Medical Thyroid Applicatie: geautomatiseerde TIRADS-classificatie voor evaluatie van schildkliernoduli op echografie’s. 🔹Nucleaire Radiologie AI: baanbrekende applicaties die de diagnostische precisie en efficiëntie in nucleaire beeldvorming ondersteunen binnen ons deepc platform. ➡️ Ons doel? Radiologen ondersteunen met geavanceerde technologieën die diagnostische nauwkeurigheid bevorderen en zorgprocessen efficiënter maken. Dit alles met een naadloze integratie van al deze applicaties in één geoptimaliseerde omgeving, voor de meest efficiënte en gepersonaliseerde workflow in de kliniek. Wij kijken ernaar uit u te ontmoeten op de Sandwichcursus en samen de nieuwste ontwikkelingen binnen AI en radiologie te ontdekken. Tot dan! 🌐✨ #OptimizedHealthSolutions #RMSMedicalDevices #Radiology #MSKRadiology #NuclearRadiology #SWC2024 B.E.N.G!

🚀 Rejoignez-nous au prochain webinaire captivant sur la technologie de navigation tumorale #Pintuition ! 🚀 RMS Medical Devices & Sirius Medical ont le plaisir de vous inviter au prochaine webinaire Sirius (FR) le 4 novembre. Les experts de l’Institut Gustave Roussy et de l' Institut Godinot partageront leur expérience clinique avec des cas enregistrés pour illustrer l'impact de cette technologie innovante de #navigation #tumorale en chirurgie ! Panel d'intervenants : 👤 Modérateur : Prof. Fabien Reyal (Institut Marie Curie, Paris) 👩⚕️ Intervenants : ➡️ Dr Angelica Conversano, Chirurgien (Institut Gustave Roussy, Paris) ➡️ Dr Salma Moalla, Radiologue (Institut Gustave Roussy, Paris) ➡️ Dr Vivien Ceccato, Chirurgien (Institut Jean Godinot, Reims) ➡️ Dr Lauren Wallaert, Radiologue (Institut Jean Godinot, Reims) Ce webinaire est particulièrement intéressant si vous désirez découvrir les dernières avancées en matière de repérage et de navigation tumorale. Réservez votre place dès maintenant ! 👉 Inscrivez-vous ici : https://lnkd.in/evYj-Axv Ne manquez pas cette opportunité d'explorer l'avenir de la navigation tumorale avec Pintuition ! #OptimizedHealthSolutions #Webinaire #Pintuition #NavigationTumorale #InnovationSanté #TechnologieMédicale

👏 Congratulations to our valued partner Coreline Soft on their latest publication in the European Journal of Nuclear Medicine and Molecular Imaging! 🚀 Their innovative AI technology continues to push the boundaries in healthcare, providing cutting-edge solutions that enhance diagnostic accuracy. The recent paper highlights how their #AI -CACac tool helps assess the correlation between coronary artery calcium burden on CTac and coronary flow capacity (CFC), with promising results that underscore the potential of AI in cardiovascular diagnostics. We are proud to support Coreline Soft in their mission to improve healthcare outcomes through AI-driven advancements. 🖇 Read the full paper here: https://lnkd.in/gd_hPFdu 💡 Interested in discussing AI solutions for your organization? Connect with your RMS Medical Devices Product Consultant to learn more... #CorelineSoft #AI #Radiology #Innovation #Healthcare #Partnership #RMSMedicalDevices Olivier Wouters I Mitch Verhagen I Geldof Stef I Roland Michel I Michaela Allard I Simla Gosens

✨📢 Exciting advancements in breast care! 📢 ✨ Vacuum-Assisted Excision (VAE) offers a minimally invasive approach to removing breast lesions, reducing both physical and mental burdens for patients. The benefits of VAE, especially compared to open surgical excision for benign and uncertain malignant lesions, are truly impactful. Discover how Mammotome biopsy devices, like the #Mammotome #Revolve ™ EX Dual Vacuum-Assisted Breast Biopsy System, are enhancing workflow and boosting clinical confidence. Learn more: https://ow.ly/8nBW50TQi0J #HealthcareInnovation #BreastCare 🎗️ #MedicalDevices #VAE #Mammotome Olivier Wouters I Geldof Stef I Roland Michel I Michaela Allard I Simla Gosens I Mitch Verhagen

🌟 Spotlight on RMS Medical Devices #Biopsy & #Drainage Portfolio for #InterventionalRadiology 🌟 With over 25 years of expertise in the #Radiology field, RMS Medical Devices offers a comprehensive range of both standard solutions and new innovations in biopsy and drainage technologies. From trusted, time-tested devices to the latest advancements, our portfolio supports healthcare professionals with tools designed to enhance precision and patient care. 🔹 Standard solutions & new innovations: Covering all your biopsy and drainage needs in radiology 🔹 Local inventory: Fast and reliable supply across BENELUX 🔹 Dedicated support: Expert regional specialists to assist radiology teams every step of the way Contact your RMS product consultant today for more information or to schedule a #productdemo and see how our solutions can make a difference in your radiology practice. #OptimizedHealthSolutions #Radiology #InterventionalRadiology #BiopsySolutions #DrainageSystems #BeneluxHealthcare I RMS Medical Devices

Metric
Company Name	RMS Medical Devices	iCAD, Inc.	Olympus Corporation	Progressive Medical, Inc.
Symbol		ICAD
MSH ID	COM:RMSMEDICALDEVICES	COM:ICADMED	COM:OLYMPUS-GLOBAL	COM:PROGRESSIVEMEDINC
Market	PRIVATE	STOCKS	STOCKS	PRIVATE
Sector	Healthcare & Health Services	Healthcare	Healthcare & Health Services	Healthcare & Health Services
Industry	Medical Devices	Medical - Devices	Medical Devices, Imaging Technology, Scientific Solutions	Medical Device Distribution
Country	BE	US		US
Stage		Post-IPO Equity
Employee Count		67	10.00K
Website	rmsmedicaldevices.com	icadmed.com	olympusamerica.com	progressivemedinc.com
LinkedIn	rms-medicaldevices			progressive-medical-inc
Founders

Metric
Market Cap	34.50M
Enterprise Value
Monthly Web Traffic	5.93K	54.27K	5.91K
Web Traffic Growth	0.32	0.03	1.64
Valuation
Raised Capital	22M

Metric
Revenue		17.32M
Revenue (LTM)
Revenue (NTM)
Gross Profit		14.54M
EBITDA		-7.28M
Operating Income		-7.69M
Net Income		-4.85M
EPS		-0.19
Diluted EPS		-0.19
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin		0.85
Operating Profit Margin		-0.27
EBITDA Margin		-0.42
Net Profit Margin		-0.15
Return on Equity		-0.09
Return on Assets		-0.07
Return on Capital Employed		-0.15

COM:RMSMEDICALDEVICES

RMS Medical Devices

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio		-3.49
P/B Ratio		1.12
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio		2.75
EV Multiple		-8.47

Metric
Days Sales Outstanding		79.97
Days Payables Outstanding		71.96
Days Inventory Outstanding		91.54
Operating Cycle		201.87
Cash Conversion Cycle		134.68
Asset Turnover		0.49

Metric
Operating Cash Flow		-4.48M
Free Cash Flow		-5.76M
Cash Flow to Debt
Operating Cash Flow/Sales		-0.21
Free Cash Flow Yield		-0.21

Metric
Cash & Equivalents		21.67M
Accounts Receivable		-1.75M
Inventory		917K
Goodwill		8.36M
Debt to Capitalization		0.02
Debt to Assets		0.01
Current Ratio		2.83
Quick Ratio		4.59

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue		0.06
R&D to Revenue		0.29
SG&A to Revenue		0.48