Treace Medical Concepts Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Public

  • Employees
  • 227

Employees

  • Stock Symbol
  • TMCI

Stock Symbol

  • Investments
  • 1

  • Share Price
  • $5.33
  • (As of Wednesday Closing)

Treace Medical Concepts General Information

Description

Treace Medical Concepts Inc is a commercial-stage orthopaedic medical device company. It is focused on advancing the standard of care for the surgical management of bunion deformities. The company's patented Lapiplasty 3D Bunion Correction procedure is designed to reproducibly correct all planes of the bunion deformity and address the root cause of the bunion, while allowing patients to return to their active lives quickly. The Company operates and manages its business as one segment, which is the business of designing, manufacturing, and marketing medical devices for physicians, surgeons, ambulatory surgery centers, and hospitals.

Contact Information

Website
www.treace.com
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Surgical Devices
Other Industries
Therapeutic Devices
Stock Exchange
NAS
Corporate Office
  • 203 Fort Wade Road
  • Suite 150
  • Ponte Vedra Beach, FL 32081
  • United States
+1 (904) 000-0000

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Treace Medical Concepts Stock Performance

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$5.33 $4.97 $3.92 - $27.41 $331M 62M 990K -$0.88

Treace Medical Concepts Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 753,010 734,691 1,259,431 911,000
Revenue 196,031 187,118 141,838 94,419
EBITDA (49,995) (45,734) (37,597) (15,824)
Net Income (54,749) (49,527) (42,815) (20,552)
Total Assets 242,726 251,907 159,024 140,821
Total Debt 70,113 70,303 68,589 29,365
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Treace Medical Concepts Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Treace Medical Concepts Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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Treace Medical Concepts Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Treace Medical Concepts Inc is a commercial-stage orthopaedic medical device company. It is focused on advancing the sta
Surgical Devices
Ponte Vedra Beach, FL
227 As of 2023
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00000000 0000000
Englewood, CO
000 As of 0000
00000
000000000 00 00000

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00000000 0000000
Lewisville, TX
0000 As of 0000
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Treace Medical Concepts Competitors (29)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Paragon 28 Formerly VC-backed Englewood, CO 000 00000 000000000 00 00000
Orthofix International Formerly PE-Backed Lewisville, TX 0000 00000 000000000 00 00000
Spine Wave Venture Capital-Backed Shelton, CT 000 00000 00000000000 00000
EndoGastric Solutions Venture Capital-Backed Redmond, WA 00 00000 000000 - 000 00000
Joerns Healthcare Formerly PE-Backed Charlotte, NC 0000 000.00 000000000000 000.00
You’re viewing 5 of 29 competitors. Get the full list »

Treace Medical Concepts Patents

Treace Medical Concepts Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240099778-A1 Patient-specific soft tissue rearrangement Pending 27-Sep-2022 000000000
US-20240081843-A1 Minimally invasive metatarsal realignment Pending 14-Sep-2022 00000000000
US-20240081834-A1 Reversible compressor-distractor for bone realignment procedures Pending 14-Sep-2022 0000000000
US-20240081816-A1 Bone fixation techniques and implants Pending 14-Sep-2022 00000000000
US-20240081817-A1 Bone fixation techniques and implants Pending 14-Sep-2022 A61B17/0642
To view Treace Medical Concepts’s complete patent history, request access »

Treace Medical Concepts Executive Team (11)

Name Title Board Seat Contact Info
Mark Hair Chief Financial Officer, Finance & Chief Accounting Officer, Accounting
Jaime Frias Secretary, Administration & Chief Legal Officer, Legal
Daniel Owens Executive
Aaron Berutti Senior Vice President
Julie Dewey Chief Communications and Investor Relations Officer
You’re viewing 5 of 11 executive team members. Get the full list »

Treace Medical Concepts Board Members (10)

Name Representing Role Since
Deepti Jain Treace Medical Concepts Board Member 000 0000
F. Bays Treace Medical Concepts Board Member 000 0000
James Treace Treace Medical Concepts Chairman & Board Member 000 0000
Jane Kiernan Treace Medical Concepts Board Member 000 0000
John Bakewell Treace Medical Concepts Board Member 000 0000
You’re viewing 5 of 10 board members. Get the full list »

Treace Medical Concepts Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Treace Medical Concepts Investments (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
RedPoint Medical 3D (Patient Specific Instrumentation Technology) 13-Jun-2023 000000000 0000 Surgical Devices 0000 0000
To view Treace Medical Concepts’s complete investments history, request access »

Treace Medical Concepts ESG

Risk Overview

Risk Rating

Updated November, 14, 2023

27.84 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,421

Rank

00.00

Percentile

Healthcare

Industry

00 of 645

Rank

00.00

Percentile

Medical Devices

Subindustry

00 of 228

Rank

00.00

Percentile

To view Treace Medical Concepts’s complete esg history, request access »

Treace Medical Concepts FAQs

  • When was Treace Medical Concepts founded?

    Treace Medical Concepts was founded in 2013.

  • Where is Treace Medical Concepts headquartered?

    Treace Medical Concepts is headquartered in Ponte Vedra Beach, FL.

  • What is the size of Treace Medical Concepts?

    Treace Medical Concepts has 227 total employees.

  • What industry is Treace Medical Concepts in?

    Treace Medical Concepts’s primary industry is Surgical Devices.

  • Is Treace Medical Concepts a private or public company?

    Treace Medical Concepts is a Public company.

  • What is Treace Medical Concepts’s stock symbol?

    The ticker symbol for Treace Medical Concepts is TMCI.

  • What is the current stock price of Treace Medical Concepts?

    As of 22-May-2024 the stock price of Treace Medical Concepts is $5.33.

  • What is the current market cap of Treace Medical Concepts?

    The current market capitalization of Treace Medical Concepts is $331M.

  • What is Treace Medical Concepts’s current revenue?

    The trailing twelve month revenue for Treace Medical Concepts is $196M.

  • Who are Treace Medical Concepts’s competitors?

    Paragon 28, Orthofix International, Spine Wave, EndoGastric Solutions, and Joerns Healthcare are some of the 29 competitors of Treace Medical Concepts.

  • What is Treace Medical Concepts’s annual earnings per share (EPS)?

    Treace Medical Concepts’s EPS for 12 months was -$0.88.

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