NUWE Chart
About

Nuwellis, Inc., a medical device company, develops, manufactures, and commercializes medical devices used in ultrafiltration therapy. The company offers Aquadex FlexFlow and Aquadex SmartFlow systems, which are used to treat patients suffering from fluid overload due to heart failure. Its Aquadex FlexFlow system includes a console, disposable blood circuit set, and disposable catheter. The company sells its products to hospitals and clinics through its direct salesforce in the United States; and through independent specialty distributors in Austria, Belarus, Brazil, Colombia, the Czech Republic, Germany, Greece, Hong Kong, India, Indonesia, Israel, Italy, Panama, Romania, Singapore, Slovakia, Spain, Switzerland, Thailand, the United Arab Emirates, and the United Kingdom. The company was formerly known as CHF Solutions, Inc. and changed its name to Nuwellis, Inc. in April 2021. Nuwellis, Inc. was founded in 1999 and is headquartered in Eden Prairie, Minnesota.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Medical Devices Market Cap 1.52M
Enterprise Value -34.33K Income -16.56M Sales 8.17M
Book/sh 2.86 Cash/sh 1.86 Dividend Yield —
Payout 0.00% Employees 38 IPO —
P/E — Forward P/E -0.65 PEG —
P/S 0.19 P/B 0.59 P/C —
EV/EBITDA 0.00 EV/Sales -0.00 Quick Ratio 1.20
Current Ratio 2.04 Debt/Eq 9.79 LT Debt/Eq —
EPS (ttm) -250.62 EPS next Y -2.59 EPS Growth -99.20%
Revenue Growth -6.30% Earnings 2026-03-10 ROA -92.61%
ROE -4.67% ROIC — Gross Margin 60.91%
Oper. Margin -121.65% Profit Margin -202.83% Shs Outstand 902.66K
Shs Float 1.64M Short Float 42.34% Short Ratio 0.06
Short Interest — 52W High 56.28 52W Low 1.60
Beta -0.11 Avg Volume 2.17M Volume 44.62K
Target Price — Recom None Prev Close $1.61
Price $1.68 Change 4.35%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$1.68
Latest analyst target
3. DCF / Fair value
$-254.99
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.68
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-08-13 reit Roth MKM Buy → Buy $17
2024-07-29 init Roth MKM — → Buy $17
2023-11-08 down Ladenburg Thalmann Buy → Neutral —
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 1100022 66001 — Conversion of Exercise of derivative security at price 0.06 per share. ERB JOHN L Chief Executive Officer — 2025-06-10 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems1.16M159.18K2.48M0.00
TaxRateForCalcs0.210.210.210.27
NormalizedEBITDA-10.76M-17.11M-16.72M-19.06M
TotalUnusualItems5.51M758.00K11.83M
TotalUnusualItemsExcludingGoodwill5.51M758.00K11.83M
NetIncomeFromContinuingOperationNetMinorityInterest-11.16M-20.21M-14.53M-19.55M
ReconciledDepreciation310.00K362.00K372.00K488.00K
ReconciledCostOfRevenue3.06M3.88M3.79M3.43M
EBITDA-5.24M-16.36M-4.90M-19.06M
EBIT-5.55M-16.72M-5.27M-19.55M
NetInterestIncome-5.61M-3.48M-9.25M0.00
InterestExpense5.61M3.48M9.25M0.00
NormalizedIncome-15.52M-20.81M-23.87M-19.55M
NetIncomeFromContinuingAndDiscontinuedOperation-11.16M-20.21M-14.53M-19.55M
TotalExpenses19.73M26.49M25.71M27.45M
TotalOperatingIncomeAsReported-10.99M-17.63M-17.17M-19.53M
DilutedAverageShares31.60K1.34K364.0071.00
BasicAverageShares31.60K1.34K364.0071.00
DilutedEPS-353.22-16.93K-947.80-6.50K
BasicEPS-353.22-16.93K-947.80-6.50K
DilutedNIAvailtoComStockholders-10.62M-22.63M-14.53M-19.63M
NetIncomeCommonStockholders-10.62M-22.63M-14.53M-19.63M
PreferredStockDividends-541.00K2.42M75.00K
NetIncome-11.16M-20.21M-14.53M-19.55M
NetIncomeIncludingNoncontrollingInterests-11.16M-20.21M-14.53M-19.55M
NetIncomeContinuousOperations-11.16M-20.21M-14.53M-19.55M
TaxProvision5.00K8.00K9.00K9.00K
PretaxIncome-11.16M-20.20M-14.52M-19.55M
OtherIncomeExpense5.43M912.00K11.90M-19.00K
OtherNonOperatingIncomeExpenses-80.00K154.00K75.00K-19.00K
SpecialIncomeCharges900.00K0.00
OtherSpecialCharges-900.00K
GainOnSaleOfSecurity4.62M758.00K11.83M
NetNonOperatingInterestIncomeExpense-5.61M-3.48M-9.25M0.00
InterestExpenseNonOperating5.61M3.48M9.25M0.00
OperatingIncome-10.99M-17.63M-17.17M-19.53M
OperatingExpense16.66M22.61M21.93M24.02M
ResearchAndDevelopment3.21M5.42M4.34M4.98M
SellingGeneralAndAdministration13.46M17.19M17.58M19.04M
GrossProfit5.68M4.98M4.75M4.49M
CostOfRevenue3.06M3.88M3.79M3.43M
TotalRevenue8.74M8.86M8.54M7.92M
OperatingRevenue8.74M8.86M8.54M7.92M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber104.14K3.87K364.0071.00
ShareIssued104.14K3.87K364.0071.00
TotalDebt545.00K760.00K984.00K1.18M
TangibleBookValue6.53M2.99M12.36M25.95M
InvestedCapital6.53M2.99M12.36M25.95M
WorkingCapital6.30M5.04M18.08M24.82M
NetTangibleAssets6.53M3.21M12.36M25.95M
CapitalLeaseObligations545.00K760.00K984.00K1.18M
CommonStockEquity6.53M2.99M12.36M25.95M
PreferredStockEquity2.00K221.00K
TotalCapitalization6.53M3.21M12.36M25.95M
TotalEquityGrossMinorityInterest6.53M3.21M12.36M25.95M
StockholdersEquity6.53M3.21M12.36M25.95M
GainsLossesNotAffectingRetainedEarnings-47.00K-31.00K38.00K-35.00K
OtherEquityAdjustments56.00K-24.00K
ForeignCurrencyTranslationAdjustments-47.00K-31.00K-18.00K-11.00K
UnrealizedGainLoss56.00K-24.00K
RetainedEarnings-298.79M-287.63M-267.42M-252.89M
AdditionalPaidInCapital305.37M290.65M279.74M278.87M
CapitalStock2.00K221.00K0.000.00
CommonStock0.000.000.000.00
PreferredStock2.00K221.00K0.000.00
TotalLiabilitiesNetMinorityInterest3.33M6.56M12.32M4.47M
TotalNonCurrentLiabilitiesNetMinorityInterest775.00K3.39M7.63M1.16M
OtherNonCurrentLiabilities179.00K
DerivativeProductLiabilities468.00K2.84M6.87M0.00
LongTermDebtAndCapitalLeaseObligation307.00K544.00K760.00K984.00K
LongTermCapitalLeaseObligation307.00K544.00K760.00K984.00K
CurrentLiabilities2.56M3.17M4.69M3.31M
OtherCurrentLiabilities41.00K51.00K58.00K36.00K
CurrentDebtAndCapitalLeaseObligation238.00K216.00K224.00K193.00K
CurrentCapitalLeaseObligation238.00K216.00K224.00K193.00K
PensionandOtherPostRetirementBenefitPlansCurrent640.00K525.00K2.16M1.66M
PayablesAndAccruedExpenses1.64M2.38M2.25M1.41M
Payables1.64M2.38M2.25M1.41M
AccountsPayable1.64M2.38M2.25M1.41M
TotalAssets9.86M9.77M24.67M30.42M
TotalNonCurrentAssets1.01M1.56M1.90M2.29M
OtherNonCurrentAssets21.00K120.00K21.00K21.00K
NetPPE988.00K1.44M1.88M2.27M
AccumulatedDepreciation-3.78M-3.48M-3.17M-2.82M
GrossPPE4.77M4.92M5.05M5.09M
Leases253.00K253.00K253.00K245.00K
OtherProperties3.45M3.61M3.71M3.77M
MachineryFurnitureEquipment1.07M1.06M1.09M1.08M
Properties0.000.000.000.00
CurrentAssets8.86M8.21M22.77M28.13M
OtherCurrentAssets315.00K461.00K396.00K328.00K
Inventory1.72M2.00M2.66M2.84M
InventoriesAdjustmentsAllowances-235.00K-75.00K-145.00K-241.00K
FinishedGoods512.00K393.00K993.00K1.53M
WorkInProcess131.00K207.00K204.00K276.00K
RawMaterials1.31M1.47M1.61M1.28M
Receivables1.73M1.95M1.41M750.00K
AccountsReceivable1.73M1.95M1.41M750.00K
CashCashEquivalentsAndShortTermInvestments5.09M3.80M18.31M24.20M
OtherShortTermInvestments0.00569.00K15.46M
CashAndCashEquivalents5.09M3.80M17.74M8.74M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-9.65M-18.18M-15.27M-18.06M
RepaymentOfDebt0.00-28.00K-26.00K-26.00K
IssuanceOfCapitalStock8.43M3.59M9.45M27.90M
CapitalExpenditure-60.00K-248.00K-122.00K-219.00K
IncomeTaxPaidSupplementalData7.00K12.00K9.00K11.00K
EndCashPosition5.09M3.80M17.74M8.74M
BeginningCashPosition3.80M17.74M8.74M14.44M
EffectOfExchangeRateChanges-16.00K-13.00K-7.00K-4.00K
ChangesInCash1.31M-13.92M9.00M-5.69M
FinancingCashFlow10.96M3.68M9.42M27.87M
CashFlowFromContinuingFinancingActivities10.96M3.68M9.42M27.87M
ProceedsFromStockOptionExercised2.53M120.00K0.001.00K
NetPreferredStockIssuance501.00K1.48M0.00
PreferredStockIssuance501.00K1.48M0.00
NetCommonStockIssuance7.93M2.11M9.45M27.90M
CommonStockIssuance7.93M2.11M9.45M27.90M
NetIssuancePaymentsOfDebt0.00-28.00K-26.00K-26.00K
NetLongTermDebtIssuance0.00-28.00K-26.00K-26.00K
LongTermDebtPayments0.00-28.00K-26.00K-26.00K
InvestingCashFlow-60.00K330.00K14.73M-15.72M
CashFlowFromContinuingInvestingActivities-60.00K330.00K14.73M-15.72M
NetInvestmentPurchaseAndSale0.00578.00K14.85M-15.50M
SaleOfInvestment0.00578.00K14.85M3.35M
PurchaseOfInvestment0.00-18.85M
NetIntangiblesPurchaseAndSale0.00-99.00K0.00
PurchaseOfIntangibles0.00-99.00K0.00
NetPPEPurchaseAndSale-60.00K-149.00K-122.00K-219.00K
SaleOfPPE0.00
PurchaseOfPPE-60.00K-149.00K-122.00K-219.00K
OperatingCashFlow-9.59M-17.94M-15.15M-17.84M
CashFlowFromContinuingOperatingActivities-9.59M-17.94M-15.15M-17.84M
ChangeInWorkingCapital-305.00K-1.42M598.00K-104.00K
ChangeInOtherWorkingCapital-22.00K-7.00K-96.00K186.00K
ChangeInOtherCurrentAssets-160.00K-65.00K-68.00K-91.00K
ChangeInPayablesAndAccruedExpense-626.00K-1.50M1.28M-211.00K
ChangeInInventory279.00K697.00K140.00K-143.00K
ChangeInReceivables224.00K-545.00K-656.00K155.00K
ChangesInAccountReceivables224.00K-545.00K-656.00K155.00K
OtherNonCashItems5.61M3.48M9.25M
StockBasedCompensation478.00K670.00K862.00K1.31M
DepreciationAmortizationDepletion310.00K362.00K372.00K488.00K
DepreciationAndAmortization310.00K362.00K372.00K488.00K
OperatingGainsLosses-4.52M-823.00K-11.70M13.00K
GainLossOnInvestmentSecurities-4.62M-823.00K-11.70M13.00K
NetForeignCurrencyExchangeGainLoss0.00
GainLossOnSaleOfPPE99.00K0.000.00
NetIncomeFromContinuingOperations-11.16M-20.21M-14.53M-19.55M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for NUWE
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