
Company Overview - Zynex is a medical technology company focused on non-invasive medical devices for pain management, rehabilitation, and patient monitoring [4] - The company's 2024 revenue reached $192.4 million [4, 5] - Zynex achieved a gross margin of 80% in 2024 [4, 5] - The company's net income for 2024 was $3.0 million [4] - As of March 31, 2025, Zynex held $23.9 million in cash and cash equivalents [4] Market and Growth - The company operates in an addressable market exceeding $4.6 billion [5, 10] - The electrotherapy market is estimated at $950 million [10, 12] - The patient monitoring market is estimated at $3.6 billion [10, 21] Financial Highlights - The company's 5-year revenue CAGR is 33% [5, 51] - The company's EBITDA for 2024 was $10.9 million [5] - The company's adjusted EBITDA for 2024 was $10.851 million, representing 6% of net revenue [58]