ONWRF

Onward Medical N.V.

Price Chart

Latest Quote

$3.03

-0.32 (-9.55%)

Current Price

Previous Close	$3.35
Open	$5.50
Day High	$5.50
Day Low	$5.50
Volume	100

Fetched: 2026-06-20T20:43:47

Stock Information

Note: Financial values converted from EUR to USD

Shares Outstanding	69.53M
Total Debt	$15.67M
Cash Equivalents	$78.12M
Revenue	$6.21M
Net Income	$-47.93M
Sector	Healthcare
Industry	Biotechnology
Market Cap	$210.67M
EPS (TTM)	$-1.04
Exchange	OQX

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📊 Comprehensive Analysis

Company Data

Enterprise Value	$115.26M
Sales	$6.21M
Income	$-47.93M
Book/sh	$1.16
Cash/sh	$0.98
Employees	137

Financial Ratios

Quick Ratio	6.40
Current Ratio	6.67
Debt/Eq	24.70

Returns & Margins

ROA	-31.80%
ROE	-80.85%
Gross Margin	80.81%
Operating Margin	-494.49%

Ownership

Insider Ownership	28.48%
Institutional Ownership	23.90%
Insider & Institutional transactions data not available

Valuation Ratios

P/S	38.91
P/B	2.61

Analyst Data

Recommendation

none

Technical Indicators

SMA20	$3.20
SMA50	$3.37
SMA200	$4.75
RSI	41.35
ATR	0.1205

Shares Float	43.65M
Volatility	0.85
Rel Volume	1.04

Performance History

Week	+2.54%
Month	-8.18%
Quarter	-33.41%
6 Months	-41.17%
YTD	-46.37%
Year	-33.41%
3 Years	-52.28%
10 Years	-52.28%

Stock Score: ⭐ Premium

Based on debt, profitability, growth, and cash flow metrics

⭐ Premium Feature

Recent Price History

Date	Close	Volume
2026-06-18	$3.03	500
2026-06-17	$3.35	1,500
2026-06-16	$2.76	180
2026-06-15	$3.01	0
2026-06-12	$3.01	5,800
2026-06-11	$2.95	620
2026-06-10	$3.17	0
2026-06-09	$3.17	0
2026-06-08	$3.17	1,000
2026-06-05	$3.30	0
2026-06-04	$3.30	0
2026-06-03	$3.30	0
2026-06-02	$3.30	0
2026-06-01	$3.30	0
2026-05-29	$3.30	0
2026-05-28	$3.30	0
2026-05-27	$3.30	0
2026-05-26	$3.30	0
2026-05-22	$3.30	0
2026-05-21	$3.30	0
2026-05-20	$3.30	0
2026-05-19	$3.30	0

About Onward Medical N.V.

Onward Medical N.V., a medical technology company, develops and commercializes therapies to enable functional recovery for people with spinal cord injury (SCI) in the United States, Europe, and internationally. The company offers ARCEX System, an external stimulator that is intended to improve hand strength and sensation following SCI; ARCIM System, an implantable system currently used to explore potential indications in clinical feasibility studies; ARCBCI System, an implantable system currently being investigated to enable thought driven movement of the legs and upper extremities. Onward Medical N.V. was founded in 2014 and is headquartered in Eindhoven, Netherlands.

📰 Latest News

Onward Medical NV (ONWRF) Q1 2026 Earnings Call Highlights: Strong Revenue Growth and Strategic ...

GuruFocus.com • 2026-05-26T19:00:22Z

Onward Medical NV (ONWRF) Full Year 2025 Earnings Call Highlights: Strong Revenue Growth Amidst ...

GuruFocus.com • 2026-03-31T19:00:47Z

European Penny Stocks To Watch In January 2026

Simply Wall St. • 2026-01-23T11:05:23Z

Inmocemento Leads The Charge In Our European Penny Stock Spotlight

Simply Wall St. • 2025-12-22T06:04:52Z

Onward Medical NV (ONWRF) Q3 2025 Earnings Call Highlights: Revenue Milestone and Strategic ...

GuruFocus.com • 2025-11-24T19:00:29Z

Libertas 7 Leads These 3 European Penny Stocks

Simply Wall St. • 2025-11-03T06:04:56Z

EU greenlights Onward’s ARC-EX system for spinal cord injury patients

Medical Device Network • 2025-09-08T12:06:39Z

Period:

Income Statement (Annual)

Metric	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Revenue
Reconciled Cost Of Revenue	$22,000	$0	$14,687,000	$11,980,000
Cost Of Revenue	$22,000	$0	$14,687,000	$11,980,000
Total Revenue	$229,000	$68,000	$104,000	$0
Operating Revenue	$229,000	$68,000	$104,000	$0
Expenses
Interest Expense	$1,997,000	$1,376,000	$1,515,000	$5,597,000
Total Expenses	$35,091,000	$35,531,000	$32,132,000	$28,533,000
Net Non Operating Interest Income Expense	$-1,277,000	$-421,000	$-1,486,000	$-5,613,000
Total Other Finance Cost	$71,000	$17,000	$33,000	$17,000
Interest Expense Non Operating	$1,997,000	$1,376,000	$1,515,000	$5,597,000
Operating Expense	$35,069,000	$35,531,000	$32,132,000	$16,553,000
Other Operating Expenses	$3,507,000	$2,835,000	$3,875,000	$993,000
Selling And Marketing Expense	$1,249,000	$1,113,000	$1,002,000	$1,516,000
General And Administrative Expense	$4,429,000	$5,182,000	$5,529,000	$6,241,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest	$-35,725,000	$-36,181,000	$-32,772,000	$-34,314,000
Net Interest Income	$-1,277,000	$-421,000	$-1,486,000	$-5,613,000
Interest Income	$791,000	$972,000	$62,000	$1,000
Normalized Income	$-35,726,992	$-36,181,000	$-32,772,000	$-34,314,000
Net Income From Continuing And Discontinued Operation	$-35,725,000	$-36,181,000	$-32,772,000	$-34,314,000
Total Operating Income As Reported	$-34,862,000	$-35,463,000	$-32,028,000	$-28,532,000
Net Income Common Stockholders	$-35,725,000	$-36,181,000	$-32,772,000	$-34,314,000
Net Income	$-35,725,000	$-36,181,000	$-32,772,000	$-34,314,000
Net Income Including Noncontrolling Interests	$-35,725,000	$-36,181,000	$-32,772,000	$-34,314,000
Net Income Continuous Operations	$-35,725,000	$-36,181,000	$-32,772,000	$-34,314,000
Pretax Income	$-35,765,000	$-36,074,000	$-33,538,000	$-34,245,000
Interest Income Non Operating	$791,000	$972,000	$62,000	$1,000
Operating Income	$-34,862,000	$-35,463,000	$-32,028,000	$-28,533,000
Depreciation And Amortization In Income Statement	$898,000	$726,000	$735,000	$329,000
Depreciation Income Statement	$898,000	$726,000	$735,000	$329,000
Gross Profit	$207,000	$68,000	$-14,687,000	$-11,980,000
Per Share
Diluted EPS	$-0.80	$-1.20	$-1.09	$-3.62
Basic EPS	$-0.80	$-1.20	$-1.09	$-3.62
Other
Tax Effect Of Unusual Items	$8	$0	$0	$0
Tax Rate For Calcs	$0	$0	$0	$0
Normalized EBITDA (Bullshit earnings)	$-32,872,000	$-33,972,000	$-31,288,000	$-28,319,000
Total Unusual Items	$2,000	$0	-	-
Total Unusual Items Excluding Goodwill	$2,000	$0	-	-
Reconciled Depreciation	$898,000	$726,000	$735,000	$329,000
EBITDA (Bullshit earnings)	$-32,870,000	$-33,972,000	$-31,288,000	$-28,319,000
EBIT	$-33,768,000	$-34,698,000	$-32,023,000	$-28,648,000
Diluted Average Shares	$44,629,000	$30,184,000	$30,184,000	$9,485,000
Basic Average Shares	$44,629,000	$30,184,000	$30,184,000	$9,485,000
Diluted NI Availto Com Stockholders	$-35,725,000	$-36,181,000	$-32,772,000	$-34,314,000
Otherunder Preferred Stock Dividend	$0	$0	$0	$0
Minority Interests	$0	$0	$0	$0
Tax Provision	$-40,000	$107,000	$-766,000	$69,000
Research And Development	$12,442,000	$13,841,000	$13,138,000	$7,932,000
Selling General And Administration	$5,678,000	$6,295,000	$6,531,000	$7,757,000

Fetched: 2026-02-02

Balance Sheet (Annual)

Metric	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Net Tangible Assets	$37,629,000	$8,127,000	$42,473,000	$72,654,000
Total Assets	$76,137,000	$43,629,000	$76,593,000	$104,796,000
Total Non Current Assets	$12,518,000	$12,206,000	$12,417,000	$12,409,000
Other Non Current Assets	$-1,000	-	-	-
Non Current Deferred Taxes Assets	$568,000	$310,000	$163,000	$0
Goodwill And Other Intangible Assets	$10,425,000	$9,804,000	$10,158,000	$10,029,000
Other Intangible Assets	$8,463,000	$7,959,000	$8,256,000	$8,327,000
Current Assets	$63,619,000	$31,423,000	$64,176,000	$92,387,000
Restricted Cash	$302,000	$305,000	$285,000	$297,000
Prepaid Assets	$2,137,000	$936,000	$905,000	-
Inventory	$102,000	$0	-	-
Other Receivables	$750,000	$297,000	$517,000	$60,000
Taxes Receivable	$125,000	$117,000	$709,000	$339,000
Accounts Receivable	$160,000	$0	-	-
Cash Cash Equivalents And Short Term Investments	$60,043,000	$29,768,000	$61,760,000	$89,443,000
Cash And Cash Equivalents	$60,043,000	$29,768,000	$41,760,000	$89,443,000
Cash Equivalents	$48,000,000	$26,200,000	$20,000,000	$0
Cash Financial	$12,043,000	$3,568,000	$21,760,000	$89,443,000
Other Current Assets	-	$305,000	$285,000	$2,248,000
Debt
Total Debt	$15,087,000	$16,874,000	$14,377,000	$13,665,000
Long Term Debt And Capital Lease Obligation	$14,490,000	$16,306,000	$13,950,000	$13,192,000
Long Term Debt	$13,972,000	$15,255,000	$12,656,000	$11,451,000
Current Debt And Capital Lease Obligation	$597,000	$568,000	$427,000	$473,000
Liabilities
Total Liabilities Net Minority Interest	$28,083,000	$25,698,000	$23,962,000	$22,113,000
Total Non Current Liabilities Net Minority Interest	$18,792,000	$19,018,000	$15,741,000	$16,571,000
Non Current Deferred Taxes Liabilities	$303,000	$631,000	$670,000	$1,991,000
Current Liabilities	$9,291,000	$6,680,000	$8,221,000	$5,542,000
Payables	$6,622,000	$5,101,000	$5,734,000	$4,909,000
Other Payable	$5,009,000	$3,026,000	$3,140,000	$3,748,000
Total Tax Payable	$344,000	$706,000	$685,000	$209,000
Accounts Payable	$1,269,000	$1,369,000	$1,909,000	$952,000
Other Non Current Liabilities	-	-	-	$1,000
Equity
Common Stock Equity	$48,054,000	$17,931,000	$52,631,000	$82,683,000
Total Equity Gross Minority Interest	$48,054,000	$17,931,000	$52,631,000	$82,683,000
Stockholders Equity	$48,054,000	$17,931,000	$52,631,000	$82,683,000
Retained Earnings	$-181,845,000	$-145,428,000	$-108,319,000	$-75,974,000
Other Equity Interest	-	-	-	$1,000
Other
Ordinary Shares Number	$44,628,832	$30,184,388	$30,184,188	$30,184,388
Share Issued	$44,628,832	$30,184,388	$30,184,188	$30,184,388
Tangible Book Value	$37,629,000	$8,127,000	$42,473,000	$72,654,000
Invested Capital	$62,026,000	$33,186,000	$65,287,000	$94,134,000
Working Capital	$54,328,000	$24,743,000	$55,955,000	$86,845,000
Capital Lease Obligations	$1,115,000	$1,619,000	$1,721,000	$2,214,000
Total Capitalization	$62,026,000	$33,186,000	$65,287,000	$94,134,000
Additional Paid In Capital	$217,774,000	$155,249,000	$155,249,000	$155,249,000
Capital Stock	$5,355,000	$3,622,000	$3,622,000	$3,622,000
Common Stock	$5,355,000	$3,622,000	$3,622,000	$3,622,000
Non Current Pension And Other Postretirement Benefit Plans	$3,999,000	$2,081,000	$1,121,000	$1,388,000
Long Term Capital Lease Obligation	$518,000	$1,051,000	$1,294,000	$1,741,000
Current Capital Lease Obligation	$597,000	$568,000	$427,000	$473,000
Goodwill	$1,962,000	$1,845,000	$1,902,000	$1,702,000
Net PPE	$1,526,000	$2,092,000	$2,096,000	$2,380,000
Accumulated Depreciation	$-1,344,000	$-1,001,000	$-773,000	$-612,000
Gross PPE	$2,870,000	$3,093,000	$2,869,000	$2,992,000
Machinery Furniture Equipment	$1,467,000	$1,275,000	$923,000	$802,000
Buildings And Improvements	$1,403,000	$1,818,000	$1,946,000	$2,190,000
Properties	$0	$0	$0	$0
Raw Materials	$102,000	$0	-	-
Other Short Term Investments	-	-	$20,000,000	-
Other Properties	-	-	-	$2,190,000

Fetched: 2026-02-02

Cash Flow Statement (Annual)

Metric	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Free Cash Flow
Free Cash Flow	$-31,913,000	$-32,692,000	$-27,102,000	$-22,198,000
Operating Activities
Operating Cash Flow	$-31,763,000	$-32,270,000	$-26,685,000	$-19,874,000
Investing Activities
Capital Expenditure	$-150,000	$-422,000	$-417,000	$-2,324,000
Investing Cash Flow	$-150,000	$19,578,000	$-20,417,000	$-2,324,000
Financing Activities
Issuance Of Capital Stock	$70,000,000	$0	$0	$80,106,000
Financing Cash Flow	$62,560,000	$813,000	$-557,000	$105,361,000
Net Common Stock Issuance	$70,000,000	$0	$0	$80,106,000
Common Stock Issuance	$70,000,000	$0	$0	$80,106,000
Other
Repayment Of Debt	$-15,255,000	$0	-	-
Issuance Of Debt	$14,116,000	$1,292,000	$0	$30,000,000
End Cash Position	$60,043,000	$29,768,000	$41,760,000	$89,443,000
Beginning Cash Position	$29,768,000	$41,760,000	$89,443,000	$6,382,000
Effect Of Exchange Rate Changes	$-372,000	$-113,000	$-24,000	$-100,000
Changes In Cash	$30,647,000	$-11,879,000	$-47,659,000	$83,163,000
Net Issuance Payments Of Debt	$-1,139,000	$1,292,000	$0	$30,000,000
Net Long Term Debt Issuance	$-1,139,000	$1,292,000	$0	$30,000,000
Long Term Debt Payments	$-15,255,000	$0	-	-
Long Term Debt Issuance	$14,116,000	$1,292,000	$0	$30,000,000
Net Investment Purchase And Sale	$0	$20,000,000	$-20,000,000	$0
Sale Of Investment	$0	$20,000,000	$0	-
Purchase Of Investment	$0	$0	$-20,000,000	$0
Net Intangibles Purchase And Sale	$0	$0	$-31,000	$-2,233,000
Purchase Of Intangibles	$0	$0	$-31,000	$-2,233,000
Net PPE Purchase And Sale	$-150,000	$-422,000	$-386,000	$-91,000
Purchase Of PPE	$-150,000	$-422,000	$-386,000	$-91,000
Taxes Refund Paid	$-167,000	$-106,000	$-49,000	$-14,000
Interest Received Cfo	$686,000	$916,000	$15,000	$0
Interest Paid Cfo	$-1,762,000	$-17,000	$-262,000	$-163,000
Change In Working Capital	$456,000	$-1,163,000	$2,953,000	$-261,000
Change In Payable	$2,313,000	$-1,654,000	$2,813,000	$2,097,000
Change In Receivables	$-1,857,000	$491,000	$140,000	$-2,358,000
Other Non Cash Items	$1,045,000	$808,000	$1,616,000	$5,711,000
Stock Based Compensation	$2,720,000	$2,564,000	$1,691,000	$8,564,000
Depreciation And Amortization	$898,000	$726,000	$735,000	$329,000
Depreciation	$898,000	$726,000	$735,000	$329,000
Pension And Employee Benefit Expense	$126,000	$76,000	$154,000	$246,000
Net Income From Continuing Operations	$-35,765,000	$-36,074,000	$-33,538,000	$-34,245,000
Net Foreign Currency Exchange Gain Loss	-	-	$0	$-43,000
Other Cash Adjustment Outside Changein Cash	-	-	-	$-2,000

Fetched: 2026-02-02