Imricor Medical Systems
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Imricor Medical Systems (IMR) investor relations material

Imricor Medical Systems Q4 2025 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q4 2025 TU earnings summary27 Jan, 2026

Executive summary

  • Achieved multiple world-first procedures in real-time MRI-guided cardiac ablation, including ischemic VT and preclinical in vivo PFA ablations.

  • Expanded U.S. clinical trial footprint with UVA Health joining the VISABL-AFL trial and additional U.S. hospitals expected to commence procedures in Q1 2026.

  • Completed major technology integrations with Philips and advanced GE integration for U.S. market entry.

  • Focused on execution and conversion of a pipeline exceeding 40 sites, with new iCMR lab constructions underway in Saudi Arabia.

Financial highlights

  • Net cash outflows from operating activities were US$5.2 million in Q4 CY25, up 7% from Q3 CY25; adjusted for a prior grant, up 2% sequentially.

  • Receipts from customers totaled US$26,000, temporarily impacted by non-revenue-generating clinical trial enrollments.

  • Payments for operating costs were US$5.4 million, down 2% from the previous quarter.

  • Cash and short-term investments at 31 December 2025 totaled US$40.8 million (US$19.5 million cash, US$21.3 million in short-term investments).

Outlook and guidance

  • Onboarding of U.S. clinical trial sites is expected to allow European sites to resume generating consumable procedure revenue sooner.

  • Continued regulatory progress and market expansion in Europe, the Middle East, and new geographies such as Australia and New Zealand are key growth drivers.

Impact of trial strategy on revenue and runway?
How will Philips integration accelerate site conversion?
What's the timeline for US market launch readiness?
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H2 202525 Feb, 2026
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Frequently asked questions

Imricor Medical Systems Inc. specializes in the development of innovative MRI-compatible medical devices for MRI-guided cardiac catheter ablation procedures. Their products aim to enhance the success rates and reduce the overall costs of these procedures. Key products from Imricor include the Vision-MR Ablation Catheter and the Advantage-MR EP Recorder/Stimulator, both designed for use under real-time MRI guidance to offer a safer, faster, and more effective treatment compared to traditional x-ray guided catheter ablation methods. Imricor Medical Systems Inc. is headquartered in Burnsville, Minnesota, and its shares are listed on the ASX.

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