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NASDAQ · SURGICAL & MEDICAL INSTRUMENTS & APPARATUS · SMALL CAP

PAVmed Inc. PAVM

11 fiscal years on record · USD · FY2025 reported · SEC filings only
$71,000
▼ 97.6% YoY
$401,000
▼ 99.0% YoY
$-5.2M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

PAVmed is a diversified commercial-stage life sciences company operating in the medical device, diagnostics, and digital health sectors. It operates through multiple independently financed subsidiaries under a shared services model. In addition, PAVmed is developing a medical device portfolio, including its PortIO implantable intraosseous vascular access device and recently licensed endoscopic imaging technology from Duke University. Lucid Diagnostics is a commercial-stage cancer prevention medical diagnostics technology company focused on patients with gastroesophageal reflux disease (“GERD”), who are at risk of developing esophageal precancer and cancer, including esophageal adenocarcinoma (“EAC”). We believe that Lucid's flagship product, the EsoGuard Esophageal DNA Test, performed on samples collected with the EsoCheck Esophageal Cell Collection Device, constitutes the first and only commercially available diagnostic test capable of serving as a widespread testing tool with the goal of preventing EAC deaths, through early detection of esophageal precancer in at-risk GERD patients.

Written from the business description in PAVmed Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 27 March 2026. Every sentence was checked against that document before publication.

Growth

USD 71,000.00
Revenue, FY2025 · full 11-year series below
Revenue $M Net income $M
FY2025 · Revenue 0.1 · Net income 0.4
15M30M-40M-80M
20152018202120242025
Compound annual growth
−42.7%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

·
Operating margin Net margin
FY2025 · Operating -30712.7%
-10000%-20000%-30000%
201520202025
ROE
FY2021 · ROE -158.4%
-100%-200%
201520202025
Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.
Return on capital employedNot applicable: capital employed was zero or negative in this period, so return on capital employed has no meaning.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -5.2
-30M-60M
201520202025
Net buybacks $M Dividends $M
FY2019 · Dividends · · Net buybacks -5.3
-2M-4M
2019

Total assetsUSD 38.8M
EquityUSD 34.0M
CashUSD 1.5M
Current ratio0.17×

Equity funds 88% of total assets.

The 11-year record

11 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
PAVM, 11-year financial record
Metric 20252024202320222021202020192018201720162015
Revenue $B0.00.00.00.00.0◌◌◌◌◌◌
Operating income $B−0.0−0.0−0.1−0.1−0.1−0.0−0.0−0.0−0.0−0.0◌
EBITDA $B−0.0−0.0−0.1−0.1−0.1−0.0−0.0−0.0−0.0−0.0◌
Income tax $B0.00.0◌◌◌◌◌◌◌◌◌
Net income $B0.00.0−0.1−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−0.0−0.0−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0◌
EPS, diluted $−5.6314.90−9.16−15.03−0.65−0.72−0.54−0.81−0.71−0.44−0.16
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend———————————
ROE %————−158.4—————−280.3
Shares out B0.000.010.010.090.090.060.040.020.010.010.01

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

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Provenance

Company facts, as filed

How we verify · 0 failures in 45 reconciliationsAUDITED

Reconciled in 11 of the 11 fiscal years we could check. 16 checks were skipped: the balance sheet is not tagged before 2015. 14 checks were skipped: revenue is not tagged before 2021. Eight checks were skipped: EPS is not tagged before 2015.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivitySurgical & Medical Instruments & Apparatus
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2015

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