Global Healthcare Analyst

Tina Banerjee

Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/mani-inc" target="_blank" data-smartkarma-citation="entities:6534:1" rel="noopener">Mani Inc (7730 JP)</a> Q1FY25 revenue rose 8% YoY, mainly driven by surgical and eyeless needles segments, and favorable foreign exchange. However, profitability declined year-over-year.</li>
<li>Despite the underperformance of dental segment, management reiterated FY25 guidance. Dental segment contributes more than 30% of total revenue.</li>
<li>Mani shares plunged 20% since it published its Q1 results. Investors should avoid Mani due to its uncertain revenue outlook and deteriorating profitability in short-term.</li>
</ul>



Mani Inc (7730 JP) Q1FY25 revenue rose 8% YoY, mainly driven by surgical and eyeless needles segments, and favorable foreign exchange. However, profitability declined year-over-year.
Despite the underperformance of dental segment, management reiterated FY25 guidance. Dental segment contributes more than 30% of total revenue.
Mani shares plunged 20% since it published its Q1 results. Investors should avoid Mani due to its uncertain revenue outlook and deteriorating profitability in short-term.


Mani Inc (7730 JP): Dental Loosing Shine In China; Margins Eroding; FY25 Guidance Reiterated

Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

<ul><li>Align Technology's third quarter of 2024 financial results present a mixed performance, reflective of broader market challenges, particularly in the United States, as well as notable strengths in specific regional markets and product segments.</li><li>The company reported a slight year-over-year increase in revenue to $978 million, up by 1.8%.</li><li>Clear Aligner volumes also saw a growth of 2.5% year-over-year, signifying resilience in high-demand markets despite a subdued U.S. consumer sentiment.</li></ul>

Align Technology's third quarter of 2024 financial results present a mixed performance, reflective of broader market challenges, particularly in the United States, as well as notable strengths in specific regional markets and product segments.The company reported a slight year-over-year increase in revenue to $978 million, up by 1.8%.Clear Aligner volumes also saw a growth of 2.5% year-over-year, signifying resilience in high-demand markets despite a subdued U.S. consumer sentiment.

Align Technology Inc.: Leveraging iTero Devices & New Technologies In Orthodontics for Growth! - Major Drivers

Equity Long-Short Analyst

Pyari Menon

Thematic (Sector/Industry)

<ul>
<li>This report is almost entirely based on datamined from technical publications related to patents and innovations in the area of Odontology.</li>
<li>The industry will see significant consolidation as mid-sized and smaller players with inspired innovations are be bought out as the industry seeks more cost-efficient distribution channels</li>
<li>Among the listed companies <a href="https://www.smartkarma.com/entities/3-m-co" target="_blank" data-smartkarma-citation="entities:14866:1" rel="noopener">3M Co (MMM US)</a> , <a href="https://www.smartkarma.com/entities/dentsply-international-inc" target="_blank" data-smartkarma-citation="entities:10926:1" rel="noopener">Dentsply International (XRAY US)</a> , <a href="https://www.smartkarma.com/entities/align-technology-inc" target="_blank" data-smartkarma-citation="entities:2817:1" rel="noopener">Align Technology (ALGN US)</a> , <a href="https://www.smartkarma.com/entities/envista-holdings-corp" target="_blank" data-smartkarma-citation="entities:35866:1" rel="noopener">Envista Holdings (NVST US)</a>  &amp; <a href="https://www.smartkarma.com/entities/straumann-holding-ag" target="_blank" data-smartkarma-citation="entities:22493:1" rel="noopener">Straumann Holding (STMN SW)</a> stand out. </li>
</ul>


This report is almost entirely based on datamined from technical publications related to patents and innovations in the area of Odontology.
The industry will see significant consolidation as mid-sized and smaller players with inspired innovations are be bought out as the industry seeks more cost-efficient distribution channels
Among the listed companies 3M Co (MMM US) , Dentsply International (XRAY US) , Align Technology (ALGN US) , Envista Holdings (NVST US)  &amp; Straumann Holding (STMN SW) stand out. 


A Detailed Look Into Innovations in Dentistry

External reports (aggregated public sources), Value Investors Club

Value Investors Club (VIC)

External reports (aggregated public sources)

Value Investors Club

<ul><li>Align Technology utilizes proprietary software and doctor input for personalized treatment plans</li><li>The company focuses on innovation and customer experience to maintain leadership in the clear aligner market</li><li>Align Technology has opportunities for further growth and expansion in the future.</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.</em></p>

Align Technology utilizes proprietary software and doctor input for personalized treatment plansThe company focuses on innovation and customer experience to maintain leadership in the clear aligner marketAlign Technology has opportunities for further growth and expansion in the future.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Align Technology Inc (ALGN) - Friday, May 31, 2024

<ul><li>Align Technology, renowned for its Invisalign clear aligners and iTero intraoral scanners, produced mixed outcomes in the second quarter of 2024.</li><li>The company reported revenues of $1,028.5 million, marking a 3.1% increase sequentially and a 2.6% increase year-over-year.</li><li>While revenue growth substantiates the company's ability to expand amidst economic fluctuations, the impact of unfavorable foreign exchange shaved off significant potential gains, particularly with a $18.1 million or 1.7% year-over-year reduction.</li></ul>

Align Technology, renowned for its Invisalign clear aligners and iTero intraoral scanners, produced mixed outcomes in the second quarter of 2024.The company reported revenues of $1,028.5 million, marking a 3.1% increase sequentially and a 2.6% increase year-over-year.While revenue growth substantiates the company's ability to expand amidst economic fluctuations, the impact of unfavorable foreign exchange shaved off significant potential gains, particularly with a $18.1 million or 1.7% year-over-year reduction.

Align Technology Inc.: A Tale Of Expanding Global Market Penetration! - Major Drivers

United States

Align Technology, Inc. designs, manufactures, and markets the Invisalign System, a method for treating the misalignment of teeth.  The Company's system corrects the misalignment using a series of clear, removable appliances that move teeth to a desired final position.

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Align Technology (ALGN US)

Mani Inc (7730 JP): Dental Loosing Shine In China; Margins Eroding; FY25 Guidance Reiterated

Mani's Q1FY25 revenue was up 8% YoY driven by surgical and eyeless needles, but profitability declined. Dental segment continued to underperform....

Tina Banerjee

Align Technology Inc.: Leveraging iTero Devices & New Technologies In Orthodontics for Growth! - Major Drivers

Align Technology's third quarter of 2024 financial results present a mixed performance, reflective of broader market challenges, particularly in...

Baptista Research

A Detailed Look Into Innovations in Dentistry

The report highlights the most innovative well-known & lesser-known dental companies driving advancements in digital dentistry, materials,...

Pyari Menon

Align Technology Inc (ALGN) - Friday, May 31, 2024

The company focuses on innovation and customer experience to maintain leadership in the clear aligner market. Align Technology has opportunities...

Value Investors Club (VIC)

Align Technology Inc.: A Tale Of Expanding Global Market Penetration! - Major Drivers

Align Technology, renowned for its Invisalign clear aligners and iTero intraoral scanners, produced mixed outcomes in the second quarter of...

Baptista Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

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Mani Inc (7730 JP): Dental Loosing Shine In China; Margins Eroding; FY25 Guidance Reiterated

​Mani's Q1FY25 revenue was up 8% YoY driven by surgical and eyeless needles, but profitability declined. Dental segment continued to underperform....

Tina Banerjee

Align Technology Inc.: Leveraging iTero Devices & New Technologies In Orthodontics for Growth! - Major Drivers

Align Technology's third quarter of 2024 financial results present a mixed performance, reflective of broader market challenges, particularly in...

Baptista Research

A Detailed Look Into Innovations in Dentistry

The report highlights the most innovative well-known & lesser-known dental companies driving advancements in digital dentistry, materials,...

Pyari Menon

Align Technology Inc (ALGN) - Friday, May 31, 2024

The company focuses on innovation and customer experience to maintain leadership in the clear aligner market. Align Technology has opportunities...

Value Investors Club (VIC)

Align Technology Inc.: A Tale Of Expanding Global Market Penetration! - Major Drivers

Align Technology, renowned for its Invisalign clear aligners and iTero intraoral scanners, produced mixed outcomes in the second quarter of...

Baptista Research

Mani's Q1FY25 revenue was up 8% YoY driven by surgical and eyeless needles, but profitability declined. Dental segment continued to underperform....