CapEdge
Loading...
Advanced
What's new? Log in Free sign up
  • Home
  • Sectors & IndustriesSectors
  • Earnings
  • IPOs
  • SPACs
  • Transcripts
  • Insider
  • Institutional
  • Crypto
  • Screeners
  • Reddit
  • Splits
  • AKU Dashboard
  • Financials
  • Filings
  • Transcripts
  • ETFs
  • Insider
  • Institutional
  • Shorts
  • News
  • Reddit

Akumin (AKU)

Company Profile
Akumin is a leading provider of freestanding, fixed-site outpatient diagnostic imaging services in the United States with a network of owned and/or operated imaging centers located in Florida, Texas, Pennsylvania, Delaware, Illinois, Kansas and Georgia. By combining its clinical expertise with the latest advances in technology and information systems, its centers provide physicians with imaging capabilities to facilitate the diagnosis and treatment of diseases and disorders and may reduce unnecessary invasive procedures, minimizing the cost and amount of care for patients. Its imaging procedures include MRI, CT, positron emission tomography (PET), ultrasound, diagnostic radiology (X-ray), mammography, and other interventional procedures.
Akumin logo

Company profile

Ticker
AKU
Exchange
NASDAQ
Website
www.akumin.com
Employees
Incorporated
Ontario, Canada
Location
Florida
Fiscal year end
Dec 31
Sector
Health Care and Social Assistance > Diagnostic Imaging Centers
Industry (SIC)
Services - Medical Laboratories
Quest Diagnostics • Laboratory Corp. Of America • Radnet • Burning Rock Biotech • Guardant Health • Genomic Health • Invitae • Natera • Exact Sciences • Centogene ...
SEC CIK
0001776197
Corporate docs
Indentures
Material Contracts & Credit Agreements
Subsidiaries Lists
Subsidiaries
Advanced Diagnostic Group, LLC • Advanced Diagnostic Resources, LLC • Affiliated PET Systems, LLC • AFO Imaging, Inc. • Akumin Corp. • Akumin FL, LLC • Akumin Florida Holdings, LLC • Akumin Health Illinois, LLC • Akumin Holdings Corp. • Akumin Imaging Texas, LLC ...

AKU stock data

Analyst ratings and price targets

Last 3 months
Canaccord Genuity
Downgraded
Buy
$3.00
14 Nov 22
Latest filings (excl ownership)
View all
8-K
Akumin Announces Appointment of New Directors
16 Dec 22
EFFECT
Notice of effectiveness
16 Nov 22
EFFECT
Notice of effectiveness
16 Nov 22
S-8 POS
Registration of securities for employees (post-effective amendment)
10 Nov 22
POS AM
Prospectus update (post-effective amendment)
10 Nov 22
POS AM
Prospectus update (post-effective amendment)
10 Nov 22
10-Q
2022 Q3
Quarterly report
9 Nov 22
8-K
Results of Operations and Financial Condition
9 Nov 22
POS AM
Prospectus update (post-effective amendment)
3 Oct 22
8-K
Akumin Announces Completion of Domestication to Delaware
3 Oct 22
Transcripts
AKU
Earnings call transcript
2022 Q3
12 Nov 22
AKU
Earnings call transcript
2022 Q2
10 Aug 22
AKU
Earnings call transcript
2022 Q1
13 May 22
Latest ownership filings
View all
3
John R. Wagner
10 Jan 23
4
Lawrence Ross Sinclair
3 Jan 23
3
Lawrence Ross Sinclair
3 Jan 23
SC 13D
SCW Capital Management, LP
22 Dec 22
4
Thomas Davies
9 Dec 22
4
R. DAVID KRETSCHMER
31 Aug 22
4
R. DAVID KRETSCHMER
22 Aug 22
4
Murray Lee
22 Aug 22
3
R. DAVID KRETSCHMER
22 Aug 22
4
G STACY SMITH
22 Jul 22

Financial summary

Financial statements Chart AKU financial data
Quarter (USD) Sep 22 Jun 22 Mar 22 Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
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) 59.36 mm 59.36 mm 59.36 mm 59.36 mm 59.36 mm 59.36 mm
Cash burn (monthly) (no burn) (no burn) 12.57 mm 10.68 mm (no burn) (no burn)
Cash used (since last report) n/a n/a 49.79 mm 42.31 mm n/a n/a
Cash remaining n/a n/a 9.56 mm 17.05 mm n/a n/a
Runway (months of cash) n/a n/a 0.8 1.6 n/a n/a

Beta Read what these cash burn values mean

Financial data from Akumin earnings reports.

Institutional ownership, Q3 2022

AKU institutional ownership history Ownership history
60.7% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 24 24 –
Opened positions 7 3 +133.3%
Closed positions 7 4 +75.0%
Increased positions 4 5 -20.0%
Reduced positions 2 5 -60.0%
13F shares Current Prev Q Change
Total value 125.18 mm 91.54 mm +36.8%
Total shares 54.50 mm 53.87 mm +1.2%
Total puts 0.00 0.00
Total calls 0.00 0.00
Total put/call ratio – – –
Largest owners Shares Value Change
Stonepeak Magnet 20.61 mm $47.21 mm 0.0%
SCW Capital Management 11.40 mm $19.49 mm 0.0%
Dunford Stanley G 5.16 mm $9.03 mm 0.0%
Nantahala Capital Management 4.26 mm $7.28 mm -23.3%
First Light Asset Management 3.76 mm $6.44 mm 0.0%
Zine Riadh 2.89 mm $8.70 mm 0.0%
PowerOne Capital 2.75 mm $8.94 mm 0.0%
Vanguard 694.49 k $1.19 mm NEW
BLK Blackrock 684.53 k $1.17 mm +365.7%
EAM Investors 545.62 k $933.00 k NEW
Largest transactions Shares Bought/sold Change
Nantahala Capital Management 4.26 mm -1.29 mm -23.3%
Vanguard 694.49 k +694.49 k NEW
EAM Investors 545.62 k +545.62 k NEW
BLK Blackrock 684.53 k +537.54 k +365.7%
Geode Capital Management 515.52 k +478.89 k +1307.5%
Burgundy Asset Management 0.00 -347.10 k EXIT
CastleKnight Management 0.00 -98.32 k EXIT
RY Royal Bank Of Canada 58.63 k +55.54 k +1798.0%
NTRS Northern Trust 45.67 k +45.67 k NEW
Charles Schwab Investment Management 29.38 k +29.38 k NEW
Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

AKU insider ownership history Insider history
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
1 Jan 23 Lawrence Ross Sinclair Common Stock Grant Acquire A No No 0 100,000 0.00 100,000
8 Dec 22 Thomas Davies Common Stock Option exercise Acquire M No No 0.5 150,000 75.00 k 301,992
8 Dec 22 Thomas Davies Stock Option Common Stock Option exercise Dispose M No No 0.5 150,000 75.00 k 0
30 Aug 22 R. David Kretschmer Common Stock Buy Acquire P No No 1.329 5,338 7.09 k 31,838
29 Aug 22 R. David Kretschmer Common Stock Buy Acquire P No No 1.378 6,500 8.96 k 26,500
Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro
Canaccord Genuity Downgrades Akumin to Speculative Buy, Lowers Price Target to $3
14 Nov 22
Canaccord Genuity analyst Tania Armstrong-Whitworth downgrades Akumin (NASDAQ:AKU) from Buy to Speculative Buy and lowers the price target from $3.5 to $3.
Earnings Scheduled For November 9, 2022
9 Nov 22
Companies Reporting Before The Bell • GCM Grosvenor (NASDAQ:GCMG) is likely to report quarterly earnings at $0.11 per share on revenue of $103.46 million.

Press releases

From Benzinga Pro
Akumin Announces Appointment of New Directors
16 Dec 22
Plantation, Fla., Dec. 16, 2022 /CNW/ - Akumin Inc. (NASDAQ:AKU) (TSX:AKU) ("Akumin" or the "Company") is pleased to announce that John Wagner and Lawrence Ross Sinclair will join its board of directors
Glassbeam appoints Rhonda Longmore-Grund to Board of Directors
1 Dec 22
SANTA CLARA, Calif., Dec. 1, 2022 /PRNewswire/ -- Glassbeam, Inc., a pioneer in data and predictive analytics for connected medical machines, today announced that Rhonda Longmore-Grund will be joining the Board of
Akumin Announces Third Quarter 2022 Results
9 Nov 22
PLANTATION, Fla., Nov. 9, 2022 /CNW/ - Akumin Inc. (NASDAQ:AKU) (TSX:AKU) ("Akumin" or the "Company"), a national partner of choice for U.S. hospitals, health systems and physician groups with
Akumin to Host Third Quarter 2022 Financial Results Call on November 10, 2022
3 Nov 22
Finsight
Resources
  • Knowledgebase
  • Log In
  • Register
Company
  • About
  • Contact
  • Solutions
Products
  • Deal Roadshow
  • DealVDR
  • Evercall
  • Finsight.com
CapEdge
  • Earnings Calendar
  • Earnings Transcripts
  • EDGAR Filing Screener
  • IPO Calendar
  • Compliance
  • Privacy
  • Security
  • Terms
AngelList LinkedIn