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MERIT MEDICAL SYSTEMS INC

CIK: 8569821 Annual ReportsLatest: 2025-04-14

10-K / April 14, 2025

Summary of Merit Medical Systems, Inc.

Company Overview: Merit Medical Systems, Inc. is a healthcare company specializing in the design, development, manufacturing, and marketing of disposable medical devices used in various medical procedures.

Key Details:

  • Headquarters: South Jordan, Utah, 1600 West Merit Parkway, ZIP code 84095
  • Stock Information:
    • Publicly traded on NASDAQ under the symbol MMSI
    • No par value common stock
    • Approximately 58.8 million shares outstanding as of February 21, 2025
    • Market value of approximately $4.9 billion as of June 30, 2024

Business Focus:

  • The company develops a broad portfolio of medical devices used in:
    • Cardiology
    • Interventional radiology
    • Oncology
    • Peripheral interventions
    • Gastroenterology
    • Urology
    • Gynecology

Customers and Market:

  • The company serves hospitals, clinics, outpatient surgery centers, and other healthcare providers.
  • It has approximately 90 shareholders of record, excluding securities held in brokerage accounts.

Financials:

  • The total revenue, net income, number of employees, and detailed financial metrics are not provided in this document.
  • The company has never paid a dividend and intends to retain future earnings for growth and operations.
  • No share repurchases occurred during the years ending December 31, 2024, 2023, or 2022.

Operational and Market Position:

  • The company is classified as a large accelerated filer under SEC rules.
  • It is not a shell company.
  • The company is subject to securities regulations and is audited by Deloitte & Touche LLP, Salt Lake City, UT.

Additional Notes:

  • The company emphasizes its compliance with SEC filing requirements.
  • It has filed a Form 10-K/A to correct specific performance data regarding stock return comparison over five years.

Note: Specific figures such as total revenue, net income, number of employees, or detailed customer counts are not included in this summary because they are not provided in the provided document.