Tommy Han's questions to Inmode Ltd (INMD) leadership • Q3 2024
Question
Tommy Han questioned the significant jump in U.S. system installations, asking if it included all preorders from the first half of the year. He also inquired if the sharp increase in Average Selling Price (ASP) was due to one-time factors or sustainable price hikes.
Answer
CEO Moshe Mizrahy and CFO Yair Malca confirmed that all preorders were delivered and recognized in Q3, accounting for the installation jump. Mizrahy attributed the higher ASP to premium pricing on the new Ignite and OptimasMAX platforms during their initial launch phase, but cautioned that maintaining this elevated ASP would be difficult and that prices on the existing portfolio cannot be raised.