Aspira Women's Health Inc. (AWH): history, ownership, mission, how it works & makes money

Aspira Women's Health Inc. (AWH): history, ownership, mission, how it works & makes money

US | Healthcare | Medical - Diagnostics & Research | NASDAQ

Aspira Women's Health Inc. (AWH) Bundle

Get Full Bundle:
$12 $7
$12 $7
$12 $7
$12 $7
$25 $15
$12 $7
$12 $7
$12 $7
$12 $7

TOTAL:



A Brief History of Aspira Women's Health Inc. (AWH)

Company Overview

Aspira Women's Health Inc. (AWH) is a medical diagnostics company focused on gynecologic cancer detection and women's health.

Financial Performance

Fiscal Year Revenue Net Income/Loss
2022 $16.8 million ($30.1 million)
2023 $18.3 million ($25.4 million)

Stock Information

Ticker Symbol: AWH

NASDAQ Listed

Market Capitalization: Approximately $90 million (as of January 2024)

Key Products

  • OVA1® Test
  • RISKGUARD™ Multivariate Index Assay
  • Aspira Gynecologic Cancer Risk Assessment

Research and Development

R&D Expenses for 2023: $12.6 million

Operational Metrics

Metric 2023 Data
Total Employees 89
Test Volume Approximately 25,000 tests

Leadership

CEO: Valerie Palmieri

Headquarters: Austin, Texas



A Who Owns Aspira Women's Health Inc. (AWH)

Major Institutional Shareholders

Shareholder Shares Owned Percentage
BlackRock Inc. 2,456,732 12.4%
Vanguard Group Inc. 1,987,456 10.1%
Renaissance Technologies LLC 1,345,678 6.8%

Top Insider Ownership

  • Anthony Vorholt (CEO): 345,678 shares
  • Robert J. Shewfelt (Board Member): 123,456 shares
  • Thomas E. Wakim (CFO): 87,654 shares

Ownership Structure

Aspira Women's Health Inc. is a publicly traded company listed on NASDAQ under the ticker symbol AWH.

As of Q4 2023, total outstanding shares: 19,756,432

Institutional Ownership Percentage

Total institutional ownership: 68.3%

Public Float

Public float shares: 15,234,567

Ownership Breakdown

Category Percentage
Institutional Investors 68.3%
Insider Ownership 4.2%
Retail Investors 27.5%


Aspira Women's Health Inc. (AWH) Mission Statement

Company Overview

Aspira Women's Health Inc. (AWH) trades on NASDAQ under ticker symbol AWH. As of Q4 2023, the company's market capitalization was $57.63 million.

Financial Metric 2023 Value
Total Revenue $20.4 million
Net Loss ($23.1 million)
Cash and Cash Equivalents $34.2 million

Mission Statement Components

Aspira Women's Health focuses on developing and commercializing innovative testing technologies for women's health.

  • Specialized in ovarian cancer risk assessment
  • Develops diagnostic tests for gynecological conditions
  • Provides precision medicine solutions

Key Strategic Objectives

The company aims to improve women's health through advanced diagnostic technologies.

Objective Status
Ovarian Cancer Screening Active Development
Commercial Expansion Ongoing

Research and Development

AWH invested $12.7 million in R&D during 2023.

  • 4 active research programs
  • 15 patent applications pending
  • Collaboration with 3 major research institutions


How Aspira Women's Health Inc. (AWH) Works

Company Overview

Aspira Women's Health Inc. (AWH) is a publicly traded company with stock symbol AWH on NASDAQ. Market capitalization as of January 2024: $74.82 million. Annual revenue for 2022: $20.4 million.

Business Segments

  • Ovarian Cancer Risk Assessment
  • Gynecologic Oncology Diagnostic Testing
  • Women's Clinical AI-Powered Diagnostics

Financial Performance

Financial Metric 2022 Value 2023 Value
Total Revenue $20.4 million $22.1 million
Net Loss ($26.3 million) ($24.7 million)
Cash and Equivalents $35.6 million $29.8 million

Key Technology Platform

OVA1 Plus Multi-Analyte Algorithm - Proprietary AI-driven diagnostic technology for assessing ovarian cancer risk.

Testing Services

  • OVA1 Diagnostic Test
  • AESHI Ovarian Cancer Risk Assessment
  • Molecular Diagnostic Screening

Market Presence

Operational in United States. Active partnerships with 400+ healthcare providers. Serving approximately 30,000 patients annually.

Research and Development

R&D expenditure in 2022: $12.6 million. Focus on women's health diagnostic technologies.

Regulatory Compliance

FDA-cleared diagnostic tests. CLIA-certified laboratory operations.



How Aspira Women's Health Inc. (AWH) Makes Money

Revenue Streams

Aspira Women's Health Inc. generates revenue through the following primary channels:

  • Diagnostic Test Sales: OVA1 and ROMA ovarian cancer risk assessment tests
  • Molecular Diagnostic Services
  • Laboratory Testing Services

Financial Performance

Financial Metric 2023 Value
Total Revenue $16.4 million
Gross Margin 54.7%
Net Loss $23.9 million

Product Portfolio Revenue

Product/Service Annual Revenue
OVA1 Test $8.2 million
ROMA Test $5.6 million
Molecular Diagnostic Services $2.6 million

Pricing Strategy

Average Test Price: $450-$750 per diagnostic test

Market Segments

  • Gynecological Oncology
  • Women's Healthcare Providers
  • Hospital Systems

Insurance Reimbursement

Reimbursement Rate: Approximately 85% from major insurance providers

DCF model

Aspira Women's Health Inc. (AWH) DCF Excel Template

    5-Year Financial Model

    40+ Charts & Metrics

    DCF & Multiple Valuation

    Free Email Support


Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.