Stocks · Health care · Services-Misc Health & Allied Services, NEC

VIEMED HEALTHCARE, INC.

VMD Clue Score67
United States Fiscal year ends December CIK 0001729149
$9.52 +1.17% Close, 9 Oct 2026
Price $9.52 +70.61% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 4 Jan 2018. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2018Revenue64.5Operating income10.1Net income9.5EPS, diluted0.24Fiscal year 2019Revenue80.3 +24.5%Operating income8.9Net income8.5 −10.3%EPS, diluted0.21 −12.5%Fiscal year 2020Revenue131.3 +63.6%Operating income26.8Net income31.5 +269.9%EPS, diluted0.78 +271.4%Fiscal year 2021Revenue117.1 −10.8%Operating income11.6Net income9.1 −71.1%EPS, diluted0.22 −71.8%Fiscal year 2022Revenue138.8 +18.6%Operating income8.3Net income6.2 −31.8%EPS, diluted0.16 −27.3%Fiscal year 2023Revenue183.0 +31.8%Operating income14.3Net income10.2 +64.6%EPS, diluted0.25 +56.3%Fiscal year 2024Revenue224.3 +22.5%Operating income17.9Net income11.3 +10.0%EPS, diluted0.28 +12.0%Fiscal year 2025Revenue270.3 +20.5%Operating income22.9Net income14.9 +32.6%EPS, diluted0.37 +32.1%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 64.5 80.3 131.3 117.1 138.8 183.0 224.3 270.3
Growth +24.5% +63.6% −10.8% +18.6% +31.8% +22.5% +20.5%
Operating income 10.1 8.9 26.8 11.6 8.3 14.3 17.9 22.9
Net income 9.5 8.5 31.5 9.1 6.2 10.2 11.3 14.9
Growth −10.3% +269.9% −71.1% −31.8% +64.6% +10.0% +32.6%
EPS, diluted 0.24 0.21 0.78 0.22 0.16 0.25 0.28 0.37
Growth −12.5% +271.4% −71.8% −27.3% +56.3% +12.0% +32.1%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2018Gross margin74.1%Operating margin15.6%Net margin14.7%Free cash flow margin25.2%Fiscal year 2019Gross margin69.8%Operating margin11.0%Net margin10.6%Free cash flow margin7.1%Fiscal year 2020Gross margin61.0%Operating margin20.4%Net margin24.0%Free cash flow margin16.8%Fiscal year 2021Gross margin62.7%Operating margin9.9%Net margin7.8%Free cash flow margin2.4%Fiscal year 2022Gross margin61.0%Operating margin5.9%Net margin4.5%Free cash flow margin3.5%Fiscal year 2023Gross margin61.6%Operating margin7.8%Net margin5.6%Free cash flow margin10.4%Fiscal year 2024Gross margin59.4%Operating margin8.0%Net margin5.0%Free cash flow margin0.6%Fiscal year 2025Gross margin57.5%Operating margin8.5%Net margin5.5%Free cash flow margin4.4%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 74.1% 69.8% 61.0% 62.7% 61.0% 61.6% 59.4% 57.5%
Operating margin 15.6% 11.0% 20.4% 9.9% 5.9% 7.8% 8.0% 8.5%
Net margin 14.7% 10.6% 24.0% 7.8% 4.5% 5.6% 5.0% 5.5%
Free cash flow margin 25.2% 7.1% 16.8% 2.4% 3.5% 10.4% 0.6% 4.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2018Operating cash flow22.4Capital expenditure−6.1Free cash flow16.3Buybacks−1.6Fiscal year 2019Operating cash flow19.1Capital expenditure−13.4Free cash flow5.7 −64.9%Buybacks−1.5Fiscal year 2020Operating cash flow35.1Capital expenditure−13.0Free cash flow22.1 +287.0%Buybacks0.0Fiscal year 2021Operating cash flow22.5Capital expenditure−19.7Free cash flow2.8 −87.5%Buybacks0.0Fiscal year 2022Operating cash flow27.7Capital expenditure−22.9Free cash flow4.9 +76.3%Buybacks−9.6Fiscal year 2023Operating cash flow45.2Capital expenditure−26.1Free cash flow19.1 +294.2%Buybacks0.0Fiscal year 2024Operating cash flow39.1Capital expenditure−37.8Free cash flow1.3 −93.1%Buybacks0.0Fiscal year 2025Operating cash flow51.9Capital expenditure−40.0Free cash flow11.9 +805.2%Buybacks−13.2
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 22.4 19.1 35.1 22.5 27.7 45.2 39.1 51.9
Capital expenditure −6.1 −13.4 −13.0 −19.7 −22.9 −26.1 −37.8 −40.0
Free cash flow 16.3 5.7 22.1 2.8 4.9 19.1 1.3 11.9
Growth −64.9% +287.0% −87.5% +76.3% +294.2% −93.1% +805.2%
Buybacks −1.6 −1.5 0.0 0.0 −9.6 0.0 0.0 −13.2

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2018Cash10.4Total debt0.0Net cash (debt)10.4Shareholders’ equity32.6Debt to equity0.00Fiscal year 2019Cash13.4Total debt9.4Net cash (debt)4.0Shareholders’ equity43.7Debt to equity0.21Fiscal year 2020Cash31.0Total debt7.6Net cash (debt)23.3Shareholders’ equity81.7Debt to equity0.09Fiscal year 2021Cash28.4Total debt5.8Net cash (debt)22.6Shareholders’ equity94.8Debt to equity0.06Fiscal year 2022Cash16.9Total debt0.0Net cash (debt)16.9Shareholders’ equity97.1Debt to equity0.00Fiscal year 2023Cash12.8Total debt7.1Net cash (debt)5.8Shareholders’ equity113.9Debt to equity0.06Fiscal year 2024Cash17.5Total debt4.0Net cash (debt)13.5Shareholders’ equity131.4Debt to equity0.03Fiscal year 2025Cash13.5Total debt12.4Net cash (debt)1.1Shareholders’ equity141.5Debt to equity0.09
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 10.4 13.4 31.0 28.4 16.9 12.8 17.5 13.5
Total debt 0.0 9.4 7.6 5.8 0.0 7.1 4.0 12.4
Net cash (debt) 10.4 4.0 23.3 22.6 16.9 5.8 13.5 1.1
Shareholders’ equity 32.6 43.7 81.7 94.8 97.1 113.9 131.4 141.5
Debt to equity 0.00 0.21 0.09 0.06 0.00 0.06 0.03 0.09

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
74.1% 69.8% 61.0% 62.7% 61.0% 61.6% 59.4% 57.5%
15.6% 11.0% 20.4% 9.9% 5.9% 7.8% 8.0% 8.5%
15.0% 11.0% 20.1% 10.7% 6.5% 7.9% 7.2% 8.1%
14.7% 10.6% 24.0% 7.8% 4.5% 5.6% 5.0% 5.5%
25.2% 7.1% 16.8% 2.4% 3.5% 10.4% 0.6% 4.4%
Spending
0.0% 1.1% 0.8% 1.8% 1.9% 1.5% 1.4% 1.1%
53.2% 51.6% 40.2% 46.9% 49.1% 48.0% 47.4% 44.9%
9.5% 16.7% 9.9% 16.9% 16.5% 14.3% 16.8% 14.8%
1.7% 3.1% −19.6% 27.0% 30.8% 28.8% 29.4% 29.4%
Returns
29.2% 19.5% 38.6% 9.6% 6.4% 9.0% 8.6% 10.6%
17.7% 10.3% 28.0% 7.7% 5.3% 6.6% 6.4% 7.5%
Balance and payout
0.00 0.21 0.09 0.06 0.00 0.06 0.03 0.09
39.3% 47.1% 27.4% 19.6% 17.0% 26.5% 24.7% 27.9%
9.8% 26.7% 0.0% 0.0% 197.3% 0.0% 0.0% 110.8%