# SS INNOVATIONS INTERNATIONAL, INC. (SSII) · Edgar & Edgarette company card

> Ss Innovations International (SSII) grew revenue 106% in FY2025 to $42 million, operating margin -19.3% against a 1.2% median for surgical & medical instruments & apparatus, equity 51.5% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1676163 · fiscal year ended 2025-12-31 · 4 audited years read · [page](https://www.pops4.com/boards/company/SSII) · [JSON](https://www.pops4.com/boards/company/SSII.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $42M |
| Revenue growth, 1 year | 105.7% |
| Revenue growth per year | -69.1% |
| Operating margin | -19.3% (prior year -91.9%) |
| Net margin | -28.5% |
| Operating cash flow | −$19M |
| Capital spending | $4M |
| Free cash flow | −$22M |
| Cash | $3M |
| Long-term debt | — |
| Total assets | $74M |
| Total equity | $38M |
| Equity ÷ assets | 51.5% |
| Return on equity | -31.7% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -0.08 (distress zone)
- Piotroski F: 5 of 9 (middling)
- Beneish M: -0.77 (above the −1.78 line)
- Health Harbor boat: Rotting at the dock · four or more warning signs · slow and jumpy: growing slower than its size class, with revenue that swings more; operating cash flow was negative; operating loss: a margin of -19.3% in FY2025; revenue is hard to predict: its 80% range is ±53%
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $42.5M (FY2025). Experience: revenue up 105.7% on the year, down 69.1% a year over 3 years; operating margin -19.3%, up from -91.9%. Soundness: equity 51.5% of assets, return on equity -31.7%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $27.5M and $88.7M next year (method v4.1: its own 1-year record of growth weighed at 0% against under $50M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $25.3M to $96.3M. A statistical range, not company guidance. Against peers (60 filers, $50M+ revenue, surgical & medical instruments & apparatus): operating margin -19.3% against a 1.2% median; growth 105.7% against 11.6%.

Range logged 2026-09-29, receipt bd96af2cacff2f97, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 4, latest 2026-08-26 ([filing](https://www.sec.gov/Archives/edgar/data/1676163/000121390026093946/0001213900-26-093946-index.htm))

## Recent filings

- 8-K · filed 2026-10-26 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1676163/000121390026112292/0001213900-26-112292-index.htm)
- 8-K · filed 2026-10-13 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1676163/000121390026108792/0001213900-26-108792-index.htm)
- 8-K · filed 2026-10-13 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1676163/000121390026108624/0001213900-26-108624-index.htm)
- 8-K · filed 2026-10-05 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1676163/000121390026106654/0001213900-26-106654-index.htm)
- 8-K · filed 2026-09-10 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1676163/000121390026098588/0001213900-26-098588-index.htm)
- 8-K · filed 2026-08-26 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/1676163/000121390026093946/0001213900-26-093946-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001676163.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1676163

## Cite

POPS4, Edgar & Edgarette: SS INNOVATIONS INTERNATIONAL, INC. (SSII) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/SSII. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.

