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**Company Information**
**Name:** SIM-Surg, Inc.
**Symbol:** SIM-S
**Exchange:** Nasdaq Capital Market
**Sector:** Healthcare Equipment and Services
**Industry:** Surgical Equipment and Supplies
**Key Financial Metrics**
**Revenue:**
* 2022: $26.4 million
* 2021: $20.1 million
* Growth: 31.3%
**Net Income:**
* 2022: $1.9 million
* 2021: $0.9 million
* Growth: 111.1%
**Earnings Per Share (EPS):**
* 2022: $0.14
* 2021: $0.06
* Growth: 133.3%
**Growth Prospects**
* Expanding product portfolio with innovative surgical technologies
* Growing demand for minimally invasive surgical procedures
* Strategic partnerships with healthcare providers and distributors
**Key Business Highlights**
* **SIM-Surg System:** A surgical navigation and visualization platform used in spine, orthopedic, and neurosurgery procedures.
* **SIM-Surg Academy:** A training and education platform for surgeons using the SIM-Surg System.
* **SIM-Surg Cloud:** A cloud-based platform for data storage, analysis, and collaboration.
**Risks and Challenges**
* Competition from established medical device companies
* Regulatory approvals and compliance requirements
* Dependence on third-party distributors
**Analyst Coverage**
* **Consensus Rating:** Buy
* **Target Price:** $10.00 (as of March 8, 2023)
**Recent News and Events**
* **Q4 2022 Earnings Release:** Announced strong revenue and earnings growth, exceeding analyst expectations.
* **Partnership with Stryker:** Entered into a distribution agreement with Stryker to expand the reach of the SIM-Surg System.
* **FDA Clearance for New Product:** Received FDA clearance for a new surgical navigation system for use in spinal procedures.