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MODD.O NASDAQ Medical Equipment, Supplies & Distribution

Modular Medical Inc

$2,26
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Mcap
12,2M USD
P/E
EV / Rev
Div yield
Op margin
ROE
-37,1 %
Net margin
Debt / equity
0,00
Beta
52w range
Volume
11
Day range
$4,71–$4,90
Prev close
$4,88
Open
Next earnings
2026-10-28
Ex-dividend
TR 1Y
About

Modular Medical Inc is a medical equipment and supplies company that provides modular solutions for healthcare facilities, primarily generating revenue through the sale of its products and services.

Business. Modular Medical Inc (MODD.O) is a healthcare services and equipment company that operates within the medical equipment, supplies, and distribution industry. The firm primarily engages in the sale of medical products, focusing on capital equipment and consumables for healthcare providers. Modular Medical is headquartered in the United States and is listed on the NASDAQ stock exchange. Specific details regarding operating segments or geographic revenue breakdowns are not provided in the available data.

Classification92 %
SectorHealthcare
Business sectorHealthcare Services & Equipment
IndustryMedical Equipment, Supplies & Distribution
ActivityHealthcare Services & Equipment
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
  • EarningsQ2 2026 earnings (expected)2026-10-28 · estimated
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
Geode Capital Management, L.L.C.
largest disclosed fund holder
Profitability
-37,1 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning MODD.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care · THIS SECTOR+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to MODD.O. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Company
    • EarningsQ2 2026 earnings (expected)2026-10-28 · estimated
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    Briefing · model-assisted

    Modular Medical Inc (MODD.O) has recorded its first analysis, establishing a baseline for future monitoring with no prior data available for delta computation. This initial snapshot reveals a company with a minimal institutional footprint, characterized by zero analyst coverage, no index memberships, and an unreported officer count, alongside a total of three top holders. The most material development in this initial review is the addition of two new notable holders as of March 31, 2026. These entries, detected on June 20, 2026, represent the first recorded changes in ownership structure for the ticker, signaling early-stage accumulation or interest from specific investors. One new investor, identified by ID 486, acquired 1,865 shares valued at approximately $9,847, representing a negligible weight of 0.00000059% in their portfolio. A second investor, ID 499, added 623 shares valued at roughly $3,289, accounting for a similarly minute portfolio weight of 0.00000058%. These additions matter as they constitute the first visible institutional activity for Modular Medical, providing a starting point for tracking holder trends. However, the extremely small share counts and values suggest these are likely micro-investments or initial positions rather than significant strategic stakes, consistent with the company's current lack of broader market attention. [doc:modd.o-ha-financials]

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Modular Medical Inc (MODD.O) is a healthcare services and equipment company that operates within the medical equipment, supplies, and distribution industry. The firm primarily engages in the sale of medical products, focusing on capital equipment and consumables for healthcare providers. Modular Medical is headquartered in the United States and is listed on the NASDAQ stock exchange. Specific details regarding operating segments or geographic revenue breakdowns are not provided in the available data.

    Classification92 %
    SectorHealthcare
    Business sectorHealthcare Services & Equipment
    IndustryMedical Equipment, Supplies & Distribution
    ActivityHealthcare Services & Equipment
    AI synthesis
    GENERATED

    Modular Medical Inc has a strong liquidity position, with a current ratio of 6.66, indicating that it holds significantly more current assets than current liabilities. The company's cash and equivalents amount to $9.23 million, which is a substantial portion of its total assets of $13.81 million. The company's price-to-book ratio is 1.62, suggesting that the market values the company at a premium to its book value. However, the company has no long-term debt, and its debt-to-equity ratio is 0.0, indicating a conservative capital structure.

    The company's profitability metrics are negative, with a return on equity of -37.11% and a return on assets of -31.01%, which are below the industry median for medical equipment and supplies companies. The operating income and net income are both negative, at -$4.32 million and -$4.28 million, respectively. The company's operating cash flow is also negative at -$13.95 million, indicating that it is not generating sufficient cash from operations to sustain its activities.

    Modular Medical Inc's revenue is concentrated in a single business segment, as disclosed in its financial statements. The company does not provide detailed geographic revenue breakdowns, but its operations are primarily based in the United States. The lack of geographic diversification may expose the company to regional economic and regulatory risks.

    The company's growth trajectory is uncertain, as it has not provided specific revenue growth projections for the current or next fiscal year. The company's free cash flow is negative at -$4.62 million, and its capital expenditures are -$1.70 million, indicating that it is not investing in new projects or expanding its operations. The company's shares outstanding are the same for both basic and diluted shares, at 5.41 million, suggesting that there is no significant dilution risk from stock options or convertible securities.

    The company's risk assessment indicates a low level of liquidity and dilution risk, with no immediate filing-based flags detected. The company's liquidity position is strong, with a high current ratio and significant cash reserves. However, the company's negative operating and net income, along with its negative operating cash flow, may raise concerns about its long-term financial sustainability. The company has not made any recent public filings or disclosures that would indicate significant changes in its business or financial condition.

    Modular Medical Inc (MODD.O) has recorded its first analysis, establishing a baseline for future monitoring with no prior data available for delta computation. This initial snapshot reveals a company with a minimal institutional footprint, characterized by zero analyst coverage, no index memberships, and an unreported officer count, alongside a total of three top holders. The most material development in this initial review is the addition of two new notable holders as of March 31, 2026. These entries, detected on June 20, 2026, represent the first recorded changes in ownership structure for the ticker, signaling early-stage accumulation or interest from specific investors. One new investor, identified by ID 486, acquired 1,865 shares valued at approximately $9,847, representing a negligible weight of 0.00000059% in their portfolio. A second investor, ID 499, added 623 shares valued at roughly $3,289, accounting for a similarly minute portfolio weight of 0.00000058%. These additions matter as they constitute the first visible institutional activity for Modular Medical, providing a starting point for tracking holder trends. However, the extremely small share counts and values suggest these are likely micro-investments or initial positions rather than significant strategic stakes, consistent with the company's current lack of broader market attention. [doc:modd.o-ha-financials]

    Key takeaways
    • Modular Medical Inc has a strong liquidity position with a current ratio of 6.66 and $9.23 million in cash and equivalents.
    • The company's profitability metrics are negative, with a return on equity of -37.11% and a return on assets of -31.01%.
    • The company's revenue is concentrated in a single business segment, and it does not provide detailed geographic revenue breakdowns.
    • The company's growth trajectory is uncertain, with no specific revenue growth projections provided for the current or next fiscal year.
    • The company's risk assessment indicates a low level of liquidity and dilution risk, with no immediate filing-based flags detected.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Quarterly
    Annual
    QUARTERLYFiled 2025-02-13
    Q4 2024 · Quarter highlights

    Operating income −61,2% YoY; Net income −62,0% YoY.

    Revenue
    Operating income-$6.8M−61,2 % YoY
    Net income-$6.7M−62,0 % YoY
    Free cash flow-$7.2M−51,1 % YoY
    EPS
    Operating cash flow-$5.4M−51,4 % YoY
    Financials
    Income statement
    Revenue
    Gross profit
    Operating income-$6.8M
    Net income-$6.7M
    Balance sheet
    Total assets$14.2M
    Total liabilities$2.3M
    Total equity$11.8M
    Cash & equivalents$7.5M
    Long-term debt$0.00
    Cash flow
    Operating cash flow-$5.4M
    CapEx-$934.0k
    Free cash flow-$7.2M
    SBC
    Highlights
    • Operating income −61,2% YoY
    • Net income −62,0% YoY
    • Free cash flow −51,1% YoY

    Valuation TTM

    Market price
    $2,26
    Market cap
    $18.7M
    Enterprise value
    $9.5M
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    1.6x
    P / Tangible book
    1.6x
    Tangible book
    $11.5M
    Net cash
    $9.2M
    Current ratio
    6.7
    Debt / equity
    0.0
    ROA
    -31.0%
    ROE
    -37.1%
    Cash conversion
    326.0%
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Corporate eventM&A horizon
    M&A probabilityconf 5 %
    Probability
    5 %
    Base rate
    3 %
    Band
    180-day horizon · target 2027-01-16 · 1,8× base rate
    No acquirer candidates identified by the signal model.
    Probabilistic model output — not investment advice. · generated 2026-07-20

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    ROE-37,1 %Bottom quartile
    D/E0,00Above P75
    Cash Conv3,26Best in class

    Corporate actions / M&A

    M&A probabilityconf —
    Probability
    5 %
    Base rate
    3 %
    Band
    Moderate
    180-day horizon · target 2027-01-16 · 1,8× base rate
    No acquirer candidates identified by the signal model.
    Corporate actionsNo corporate-action source connected yet — splits, dividends and buyback events are not tracked for this company. Honest-dim (no data fabricated).

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    Derivative transactions

    Net acquired 138 266 sh28 grants7 insiders
    • Sheibley Philip BrentDirector · Option to purchase common stock → Common StockAcquired 250 @ $4,88grant · 2026-06-30
    • Goldberg Jeff DDirector · Option to purchase common stock → Common StockAcquired 250 @ $4,88grant · 2026-06-30
    • FELSHER STEVEN GDirector · Option to purchase common stock → Common StockAcquired 250 @ $4,88grant · 2026-06-30
    • Vos Ellen O'ConnorDirector · Option to purchase common stock → Common StockAcquired 250 @ $4,88grant · 2026-06-30
    • FRANK MORGAN C.Director, 10% owner · Option to purchase common stock → Common StockAcquired 62 @ $4,88grant · 2026-06-30
    • FRANK MORGAN C.Director, 10% owner · Option to purchase common stock → Common StockAcquired 250 @ $4,88grant · 2026-06-30
    • Schmid KevinChief Operating Officer · Option to purchase common stock → Common StockAcquired 4 674 @ $3,46grant · 2026-05-14
    • DiPerna PaulSee Remarks · Option to purchase common stock → Common StockAcquired 11 218 @ $3,46grant · 2026-05-14
    • Goldberg Jeff DDirector · Option to purchase common stock → Common StockAcquired 250 @ $4,55grant · 2026-03-31
    • Vos Ellen O'ConnorDirector · Option to purchase common stock → Common StockAcquired 250 @ $4,55grant · 2026-03-31
    • Sheibley Philip BrentDirector · Option to purchase common stock → Common StockAcquired 250 @ $4,55grant · 2026-03-31
    • FRANK MORGAN C.Director, 10% owner · Option to purchase common stock → Common StockAcquired 250 @ $4,55grant · 2026-03-31
    • FRANK MORGAN C.Director, 10% owner · Option to purchase common stock → Common StockAcquired 62 @ $4,55grant · 2026-03-31
    • FELSHER STEVEN GDirector · Option to purchase common stock → Common StockAcquired 250 @ $4,55grant · 2026-03-31
    • Vos Ellen O'ConnorDirector · Option to purchase common stock → Common StockAcquired 7 500 @ $0,36grant · 2025-12-31
    • Goldberg Jeff DDirector · Option to purchase common stock → Common StockAcquired 7 500 @ $0,36grant · 2025-12-31
    • FELSHER STEVEN GDirector · Option to purchase common stock → Common StockAcquired 7 500 @ $0,36grant · 2025-12-31
    • FRANK MORGAN C.Director, 10% owner · Option to purchase common stock → Common StockAcquired 1 875 @ $0,36grant · 2025-12-31
    • FRANK MORGAN C.Director, 10% owner · Option to purchase common stock → Common StockAcquired 7 500 @ $0,36grant · 2025-12-31
    • Sheibley Philip BrentDirector · Option to purchase common stock → Common StockAcquired 7 500 @ $0,36grant · 2025-12-31
    • FELSHER STEVEN GDirector · Warrants to purchase Common Stock → Common StockAcquired 30 000 @ $0,45grant · 2025-12-11
    • Sheibley Philip BrentDirector · Warrants to purchase Common Stock → Common StockAcquired 11 000 @ $0,45grant · 2025-12-11
    • Vos Ellen O'ConnorDirector · Option to purchase common stock → Common StockAcquired 7 500 @ $0,70grant · 2025-09-30
    • Goldberg Jeff DDirector · Option to purchase common stock → Common StockAcquired 7 500 @ $0,70grant · 2025-09-30
    • FRANK MORGAN C.Director, 10% owner · Option to purchase common stock → Common StockAcquired 7 500 @ $0,70grant · 2025-09-30

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Return On Equity
      net_income / total_equity
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    Source documents
    • Modular Medical Inc Market data — financials · 2026-05-28

    Ownership & reference

    Top holders

    • Geode Capital Management, L.L.C.Investment Managers · as of 2026-03-310,00 %$0M
    • Morgan Stanley Smith Barney LLCInvestment Managers · as of 2026-03-310,00 %$0M
    • UBS Financial Services, Inc.Investment Managers · as of 2026-03-310,00 %$0M

    Insider activity

    Mixed / flat0 buys · 0 sellsnet $04 insiders · last 365d
    • FELSHER STEVEN GDirector · Common StockOther 25 · 2026-06-30
    • DeSisto Duane MDirector · Common stockOther 83 · 2026-06-30
    • Volkart Carmen BDirector · Common StockOther 110 · 2026-06-30
    • FELSHER STEVEN GDirector · Common StockOther 25 · 2026-03-31
    • DeSisto Duane MDirector · Common stockOther 83 · 2026-03-31
    • Volkart Carmen BDirector · Common StockOther 103 · 2026-03-31
    • Volkart Carmen BDirector · Common StockOther 3 125 · 2025-12-31
    • DeSisto Duane MDirector · Common stockOther 2 500 · 2025-12-31
    • FELSHER STEVEN GDirector · Common StockOther 750 · 2025-12-31
    • FELSHER STEVEN GDirector · Common StockOther 60 000 · 2025-12-11
    • Sheibley Philip BrentDirector · Common StockOther 22 000 · 2025-12-11
    • Volkart Carmen BDirector · Common StockOther 3 125 · 2025-09-30
    • FELSHER STEVEN GDirector · Common StockOther 750 · 2025-09-30
    • DeSisto Duane MDirector · Common stockOther 2 500 · 2025-09-30

    Short positioning

    213.9Kshares short+31.8% vs prior
    2.22days to cover
    65.0%short of daily vol
    7.2Kfails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    MODD.OCanonical
    NASDAQ · USD

    Intel & risk

    PredictorM&A prob5 %Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    • EPS (basic) (annual): USD-PER-SHARES -12Unknown
    • Net income (annual): USD -28.24MUnknown
    • Total operating expenses (annual): USD 27.56MUnknown
    • Operating cash flow (annual): USD -23.75MUnknown
    • Operating income (annual): USD -27.56MUnknown
    • R&D expense (annual): USD 19.97MUnknown
    • EPS (diluted) (annual): USD-PER-SHARES -12Unknown
    • Capex (annual): USD 3.93MUnknown
    • Pre-tax income (annual): USD -28.24MUnknown
    • Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -42.7%Derived (calculated)
    • Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): -58.0%Derived (calculated)
    • Debt-to-equity (FY 2025-12-31): 0.74xDerived (calculated)
    • Current ratio (FY 2025-12-31): 1.59xDerived (calculated)
    • Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 132.0%Derived (calculated)
    • Total assets (YoY) (2025-12-31 vs 2024-12-31): -15.6%Derived (calculated)
    • Total assets (annual): USD 10.26MSEC XBRL filing
    • Shareholders' equity (annual): USD 5.88MSEC XBRL filing
    • Cash & equivalents (annual): USD 2.94MSEC XBRL filing
    • Current liabilities (annual): USD 2.18MSEC XBRL filing
    • Current assets (annual): USD 3.47MSEC XBRL filing
    • Total liabilities (annual): USD 4.38MSEC XBRL filing
    • Shares outstanding (annual): 77.7MSEC XBRL filing
    • Operating income (YoY) (2025-03-31 vs 2024-03-31): -8.7%Derived (calculated)
    • Operating cash flow (YoY) (2025-03-31 vs 2024-03-31): -12.7%Derived (calculated)
    Showing 24 of 60 surfaced claims.
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-10-28EVENTUpcomingQ2 2026 earnings (expected) estimated date
    2026-07-03 00:00 UTCTRANSCRIPTEarnings call — Q3 2026
    2026-07-03 00:00 UTCEARNINGSUpcomingEarnings scheduled →
    2026-07-03EVENTQ3 2026 earnings (expected) estimated date
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: ma_probability (180d)
    2026-06-30INSIDERFELSHER STEVEN G transacted 25 sh — Director
    2026-06-30INSIDERDeSisto Duane M transacted 83 sh — Director
    2026-06-30INSIDERVolkart Carmen B transacted 110 sh — Director
    2026-06-30INSIDERSheibley Philip Brent acquired 250 sh Option to purchase common stock — Director
    2026-06-30INSIDERVos Ellen O'Connor acquired 250 sh Option to purchase common stock — Director
    2026-06-30INSIDERFELSHER STEVEN G acquired 250 sh Option to purchase common stock — Director
    2026-06-30INSIDERGoldberg Jeff D acquired 250 sh Option to purchase common stock — Director
    2026-06-30INSIDERFRANK MORGAN C. acquired 62 sh Option to purchase common stock — Director, 10% owner
    2026-06-30INSIDERFRANK MORGAN C. acquired 250 sh Option to purchase common stock — Director, 10% owner
    2026-06-26 00:00 UTCEARNINGSUpcomingEarnings scheduled →
    2026-06-26EVENTQ2 2026 earnings (expected) estimated date
    2026-06-21 02:57 UTCHOLDER2 institutional position changes flagged
    2026-05-20FILINGCURRENT REPORT →
    2026-05-14 00:00 UTCINSIDER2 insider transactions — 2026-05 2 derivative
    2026-05-14 00:00 UTCINSIDER2 insider transactions — 2026-05 2 derivative
    2026-05-14INSIDERDiPerna Paul acquired 11.2k sh Option to purchase common stock — See Remarks
    2026-05-14INSIDERSchmid Kevin acquired 4.7k sh Option to purchase common stock — Chief Operating Officer
    2026-04-21FILINGCURRENT REPORT →
    2026-04-16FILINGCURRENT REPORT →
    2026-03-31 00:00 UTCINSIDER9 insider transactions — 2026-03 6 derivative
    2026-03-31 00:00 UTCINSIDER9 insider transactions — 2026-03 6 derivative
    2026-03-31FILINGCURRENT REPORT →
    2026-03-31INSIDERFELSHER STEVEN G transacted 25 sh — Director
    2026-03-31INSIDERDeSisto Duane M transacted 83 sh — Director
    2026-03-31INSIDERVolkart Carmen B transacted 103 sh — Director
    2026-03-31INSIDERFRANK MORGAN C. acquired 62 sh Option to purchase common stock — Director, 10% owner
    2026-03-31INSIDERGoldberg Jeff D acquired 250 sh Option to purchase common stock — Director
    2026-03-31INSIDERSheibley Philip Brent acquired 250 sh Option to purchase common stock — Director
    2026-03-31INSIDERFELSHER STEVEN G acquired 250 sh Option to purchase common stock — Director
    2026-03-31INSIDERFRANK MORGAN C. acquired 250 sh Option to purchase common stock — Director, 10% owner
    2026-03-31INSIDERVos Ellen O'Connor acquired 250 sh Option to purchase common stock — Director
    2026-03-13FILINGCURRENT REPORT →
    2026-03-06FILINGCURRENT REPORT →
    2026-03-04FILINGPROSPECTUS →
    Showing the 40 most recent of 76 entries.
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage