SS Innovations International, Inc. (OTC: SSII) is a developer of innovative surgical robotic technologies with a vision to make the benefits of robotic surgery affordable and accessible to a larger part of the global population. SSII’s product range includes its proprietary “SSi Mantra” surgical robotic system, and “SSi Mudra”, its wide range of surgical instruments capable of supporting a variety of surgical procedures including robotic cardiac surgery. SSII’s business operations are headquartered in India and SSII has plans to expand the presence of its technologically advanced, user-friendly, and cost-effective surgical robotic solutions, globally. For more information, visit SSII’s website at ssinnovations.com or LinkedIn for updates.
Company profile
Ticker
SSII
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
AVRA Medical Robotics, Inc.
SEC CIK
Corporate docs
Subsidiaries
CardioVentures Inc. • Avra IP Holdings, Inc. • SSI IP Holdings, Inc. • Otto Pvt. Ltd. • Sudhir Srivastava Innovations Pvt. Ltd. • 1.27% owned directly by CardioVentures Inc. ...
Latest filings (excl ownership)
8-K
SS Innovations International Announces Q1 2024 Company Updates
22 Apr 24
10-K
2023 FY
Annual report
22 Mar 24
8-K
Other Events
12 Mar 24
D
$4.00 mm in debt / options, sold $2.45 mm, 5 investors
27 Feb 24
8-K
Unregistered Sales of Equity Securities
15 Feb 24
S-1
IPO registration
14 Feb 24
8-K
SS Innovations Demonstrates Groundbreaking Telesurgery Platform at Company’s First Multi-Specialty Robotic Surgical Conference
1 Feb 24
8-K
Other Events
26 Jan 24
8-K
SS Innovations Partners with India’s Leading Medical Equipment Supplier, Medikabazaar
25 Jan 24
8-K
SS Innovations Achieves Significant Milestones in 2023
8 Jan 24
Latest ownership filings
4
SUDHIR SRIVASTAVA
15 Feb 24
SC 13G
MOLL FREDERIC H
14 Feb 24
SC 13G
SRIVASTAVA SUDHIR
9 Feb 24
4
SUDHIR SRIVASTAVA
29 Nov 23
4
Kumar Sethi Anup
29 Nov 23
4
Pascual Srivastava Vishwajyoti
29 Nov 23
4
Barry F Cohen
29 Nov 23
4
Barry F Cohen
13 Nov 23
3
Pascual Srivastava Vishwajyoti
9 Nov 23
3
SUDHIR SRIVASTAVA
9 Nov 23
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 6.60 mm | 6.60 mm | 6.60 mm | 6.60 mm | 6.60 mm | 6.60 mm |
Cash burn (monthly) | (no burn) | (no burn) | 657.49 k | 575.68 k | 1.05 mm | 1.25 mm |
Cash used (since last report) | n/a | n/a | 4.54 mm | 3.98 mm | 7.26 mm | 8.61 mm |
Cash remaining | n/a | n/a | 2.05 mm | 2.62 mm | -661.55 k | -2.02 mm |
Runway (months of cash) | n/a | n/a | 3.1 | 4.6 | -0.6 | -1.6 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
27 Nov 23 | Sudhir Srivastava | Option to Purchase Common Stock Common Stock | Grant | Acquire A | No | No | 5 | 2,536,776 | 12.68 mm | 2,536,776 |
27 Nov 23 | Pascual Srivastava Vishwajyoti | Option to Purchase Common Stock Common Stock | Grant | Acquire A | No | No | 5 | 845,592 | 4.23 mm | 845,592 |
27 Nov 23 | Barry F Cohen | Option to Purchase Common Stock Common Stock | Grant | Acquire A | No | No | 5 | 845,592 | 4.23 mm | 845,592 |
27 Nov 23 | Kumar Sethi Anup | Common Stock, $0.0001 par value | Grant | Acquire A | No | No | 0 | 845,592 | 0.00 | 865,592 |
9 Nov 23 | Barry F Cohen | Common Stock, $0.001 par value | Gift | Dispose G | No | No | 0 | 20,000 | 0.00 | 8,854,084 |
9 Nov 23 | Barry F Cohen | Common Stock, $0.001 par value | Gift | Dispose G | No | No | 0 | 70,000 | 0.00 | 8,874,084 |
9 Nov 23 | Barry F Cohen | Common Stock, $0.001 par value | Gift | Dispose G | No | No | 0 | 5,000 | 0.00 | 8,944,084 |
9 Nov 23 | Barry F Cohen | Common Stock, $0.0001 par value | Gift | Dispose G | No | No | 0 | 5,000 | 0.00 | 8,949.084 |