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Spineguard Stock: price and insider trades · France

ISIN FR0011464452FR·Mcap €8.4MHealthcare & Pharma

Spineguard: what insiders have been doing

Spineguard is a Healthcare & Pharma company. Its directors and officers file their transactions with AMF. No insider at Spineguard has published a filing in the past twelve months. The most recent one dates from 8 December 2021.

Over the whole record (from 2021), the tally stands at no purchases and 3 sales.

Elsewhere in the same sector, our signals recently picked up insider purchases at Cooper Companies, Inc. and Cytosorbents Corp. Source: insider filings from AMF. Past trades are no guide to future returns.

Insider Decl.
3
Thresholds
n/a
Buy Volume
n/a
n/a
Sell Volume
€160,276
3 ops. · all time
Fundamental score
Ranked 24,026 of 26,911 companies
22.6
score / 100
Value
12
Quality
34
FCF yld-14%
Earn yld-25%
EV/EBITDA·
ROE-50%
Gross mgn79%
Net mgn-55%
Debt/EBITDA·
Pillars2/3

Transparent value + quality ranking, distinct from the insider signal.

Financial data

as of FY 2025

FY ended December 2025 · cache

€0.09
Analyst consensus
·
Income statement
Revenue€3.8M
Gross profit€3.0M79% margin
EBITDA-€1.3M-36% margin
Net income-€2.1M-71.6% margin
Valuation
P/Book1.9x
Beta0.63
Balance sheet & cash
Market cap€8.4M
Total debt€1.5M
Free Cash Flow-€1.2M
Debt / Equity31%
Profitability & ownership
ROE-50.4%
ROA-15.9%
% insiders2.8%
% institutions0.0%
Last declaration on 8 December 2021
Declarations3 total
  • ▼
    DirectorExecutives
    €17k30AMF
    7,500 shares@ €2.2307100.0% of flowActionEuronext Growth ParisISIN FR00114644522021DD733249
  • ▼
    PDGExecutives
    €73k42AMF
    25,689 shares@ €2.8342100.0% of flowActionEuronext Growth ParisISIN FR00114644522021DD732588
  • ▼
    Directeur Genéral Délégué / Dir TechniqueExecutives
    €71k30AMF
    25,000 shares@ €2.8295100.0% of flowActionEuronext Growth ParisISIN FR00114644522021DD732460

3 of 3 declarations

About Spineguard

SpineGuard is a French medical technology company focused on spine surgery and, more broadly, bone-surgery guidance solutions. Founded in 2009 by Pierre Jérôme and Stéphane Bette, the company developed a proprietary platform called DSG® (Dynamic Surgical Guidance), which uses real-time local electrical conductivity sensing to help surgeons secure and simplify the placement of bone implants. SpineGuard is listed on Euronext Growth Paris under the ticker ALSGD, with ISIN FR0011464452, and it is headquartered in Vincennes, France, while maintaining an operational presence in Boulder, Colorado, in the United States. The company positions itself as a niche specialist at the intersection of medtech, smart surgical instrumentation and data-driven procedural assistance.

SpineGuard’s core business is built around the PediGuard® family of drilling instruments, which embed DSG technology. These devices are designed to provide immediate sensory feedback to surgeons during pedicle preparation, with the goals of improving accuracy, reducing the risk of cortical breach and lowering exposure to X-ray radiation in the operating room. The product portfolio also includes variants adapted to different surgical needs, such as straight, curved, threaded and cannulated versions, as well as developments linked to robotics and new orthopedic applications.

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From a scientific and commercial standpoint, SpineGuard has accumulated a meaningful clinical track record, with more than 500,000 pedicle screws placed worldwide using its devices and numerous peer-reviewed publications supporting the technology. This evidence base is a key part of the company’s value proposition to surgeons, hospitals and industrial partners. Growth is pursued through geographic expansion, intellectual-property reinforcement and partnerships for distribution and industrial deployment.

In 2025, SpineGuard continued its operational transformation in a still-challenging environment for small-cap medtech companies. The company reported 2025 revenue of €3.758 million, down 19% year on year, while also improving its operating performance and extending its cash runway into 2026-2027 according to recent communications. The year was also marked by strategic progress in North America, Europe and Asia, along with new commercial agreements, underscoring a business model centered on innovation, IP protection and the gradual scaling of its technologies.