Stock NXTMH NEXSTIM OYJ
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Inactive Instrument

Company Nexstim Oyj Nasdaq Helsinki

Equities

NXTMH

FI4000102678

Advanced Medical Equipment & Technology

Business Summary

Nexstim Oyj is a Finland-based medical technology company. It is focused on improving rehabilitation for stroke patients through the use of noninvasive brain stimulation. Its offering comprises: a diagnostic tool for brain surgery planning, Navigated Brain Stimulation (NBS) System, which comprises navigated transcranial magnetic stimulation (nTMS) device for presurgical mapping (PSM) of the motor and speech cortices; and a device for stroke therapy called Navigated Brain Therapy (NBT) System, which focuses stimulation on targeted locations in the brain in order to enhance rehabilitation process. The NBT System targets upper limb motor disability and is under Phase III pivotal clinical trial study at rehabilitation sites in the United States. The Company’s systems are used in over 100 facilities in research, therapy and neurosurgical planning purposes. Nexstim Oyj has two subsidiaries: Nexstim Inc and Nexstim Germany GmbH.

Sales per Business

EUR in Million2022Weight2023Weight Delta
Navigated Brain Stimulation Systems
42.9 %
2 23.6 % 3 42.9 % +38.51%
Navigated Brain Therapy Systems Continuous
27.4 %
2 18.3 % 2 27.4 % +13.58%
Navigated Brain Stimulation Systems Continuous
16.3 %
1 12.3 % 1 16.3 % +0.52%
Navigated Brain Therapy Systems
13.4 %
1 8.7 % 1 13.4 % +17.69%

Sales per region

EUR in Million2022Weight2023Weight Delta
North America
44.8 %
6 64.2 % 3 44.8 % -46.88%
Rest of Europe
30.9 %
1 14.4 % 2 30.9 % +63.57%
Finland
20.6 %
2 18.9 % 1 20.6 % -17.07%
Other
3.6 %
0 2.5 % 0 3.6 % +8.90%

Managers

Managers TitleAgeSince
Mikko Johannes Karvinen CEO
 Chief Executive Officer 47 14-08-17
Joonas Juokslahti DFI
 Director of Finance/CFO 38 14-04-30
Gustaf Järnefelt CTO
 Chief Tech/Sci/R&D Officer 63 07-12-31
Jarmo Laine CTO
 Chief Tech/Sci/R&D Officer 59 07-12-31
Hanna Kotola LAW
 General Counsel - 17-05-31
Henri Hannula SAM
 Sales & Marketing 50 00-12-31

Members of the board

Members of the board TitleAgeSince
Johan Martin Forss BRD
 Director/Board Member 62 19-11-10
Tero Tapani Weckroth BRD
 Director/Board Member 53 21-04-30
Timo Tapio Hildén BRD
 Director/Board Member 65 21-04-30
Leena Katriina Niemisto CHM
 Chairman 61 19-11-10

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 6,765,562 3,462,766 ( 51.18 %) 0 51.18 %

Shareholders

NameEquities%Valuation
Andbank Wealth Management SGIIC SAU
0.8795 %
59,500 0.8795 % 149 083 €
Evli Fund Management Co. Ltd.
0.2206 %
14,928 0.2206 % 37 404 €
OP Asset Management Ltd.
0.0468 %
3,169 0.0468 % 7 940 €

Company contact information

Nexstim Oyj

Elimäenkatu 9B

00510, Helsinki

+358 9272 7170

http://www.nexstim.com
address Nexstim Oyj(NXTMH)

Sector

Healthcare
Healthcare Services
Healthcare Equipment & Supplies
Advanced Medical Equipment & Technology
Other Advanced Medical Equipment & Technology

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Sales per region

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