Myomo Sets Financial Goals Targeting $100M Annual Revenue By 2028 With 70-72% Gross Margin, 15-20% EBITDA Margin, And Cash Flow Breakeven At $17M-18M Quarterly Revenue
Author: Benzinga Newsdesk | June 18, 2025 08:43am
Management will present a long-range financial model, with the goal of $100 million in annual revenue by 2028. Elements of the aspirational model to be discussed include:
$15 million of annual International revenue by 2028
$20 million of annual O&P channel revenue by 2028
Gross margin in the range of 70% to 72%
EBITDA margin in the range of 15% to 20%
Cash flow breakeven at quarterly revenue of $17 million to $18 million