The company has issued more shares over this period, which dilutes each existing shareholder’s stake.
Diluted shares outstanding: 6.1M (2021) → 6.6M (2025)
American Shared Hospital Services specializes in leasing advanced radiosurgery and radiation therapy equipment to healthcare providers. The company offers Gamma Knife stereotactic radiosurgery systems, a non-invasive technology used to treat conditions such as malignant and benign brain tumors, arteriovenous malformations, and trigeminal neuralgia. They also facilitate financing for Leksell Gamma Knife units. Additionally, the firm operates proton beam radiation therapy centers in Orlando, Florida, and Long Beach, California. Customers further benefit from comprehensive support encompassing planning, installation, reimbursement guidance, and marketing strategies. As of December 31, 2021, their portfolio included 115 active Gamma Knife units across the United States, complemented by two units in South America (Lima, Peru, and Guayaquil, Ecuador), and one proton beam radiation therapy system. Established in 1980, American Shared Hospital Services maintains its headquarters in San Francisco, California.
When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.
+15.9% YoY
YoY Growth Rate
Steady revenue growth
+6.3% YoY
YoY Growth Rate
Slow EPS growth
$0/ year
0.0% of revenue
Below sector average (18%)
Research and development spending
Cash flow positive
$5M cash & investments
Quarterly Free Cash Flow
→ Burn rate stable
Company generates more cash than it spends — no dilution risk from fundraising
American Shared Hospital Services is a rare growth stock that's already generating positive cash flow while growing at 16%. The Winston Score doesn't fully credit this transition from "burner" to "earner."
The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.
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Negative ROIC means the business is losing money on every dollar invested in it.
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Earnings per share down more than 10%. Either a bad year, or a real decline.
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Free cash flow is negative. They are burning cash, not generating it.
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Full breakdown available with your free trial
See every metric, trend, and what it means for this stock.
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