IRTC
Published on 05/11/2025 at 23:58
iRhythm Technologies 2025 Proxy Season Shareholder Outreach
May 2025
$158.7 million
First quarter 2025 revenue, a 20.3% increase compared to first quarter 2024
2+ million
Patient reports posted annually
27+ million
Potential patients in the United States who could benefit from ambulatory cardiac monitoring*
5+ million tests
Target market opportunity across prioritized EU and APAC countries*
3
Over 30%
penetration in core
U.S. ambulatory cardiac monitoring market as of
December 31, 2024
10+ million
Patient reports posted since company inception through March 31, 2025
125+
Original scientific research manuscripts
2.5+ billion
Hours of curated ECG data since company
inception thru 2024
© 2025 iRhythm Technologies, Inc.
Data on file. iRhythm Technologies, May 2025. *See sources in appendix for 'Multiple levers for long-term growth and sustainable value creation' and 'International opportunity represents $1+ billion TAM with 5+ million tests in prioritized countries across EMEA and Asia Pacific'
Compelling investment thesis for long-term shareholder value creation
MARKET EXPANSION
OPPORTUNITIES INNOVATION
OPERATIONAL
EFFICIENCY FOCUS
IMPROVING
FINANCIAL PROFILE
Core US market penetration Greenfield specialist growth Primary care physician growth Channel expansion International expansion Adjacent market development
Relentless patient focus Clinical insight generation
AI and prediction capabilities Connected care
Commitment to quality, safety
and regulatory compliance Supply chain resilience Unit cost economics Digital transformation
Continuous process
improvement
Focus on generating leverage
Disciplined opportunity prioritization
Balanced reinvestments
Strategic portfolio management
Investments for opening
adjacent markets
Long-term strategy to deliver enhanced value to all stakeholders
4 © 2025 iRhythm Technologies, Inc.
iRhythm on a journey to evolve and mature our corporate profile
Leadership
Team
Board
Evolution
Operational
Transformation
Fiscal Discipline & Responsibility
Best-in-class Quality Management System
Reimbursement pathway settled
Transition to profitability
Expanding global reach
Multi-sensing capabilities
PROGRESS TO DATE
Board evolution
Enhanced corporate governance measures, including multiple material weaknesses eliminated
Elevated corporate sustainability focus
New leadership team
Maturing compensation programs aligned with investor interests
UNANTICIPATED HEADWINDS
FDA Warning Letter
Quality systems remediation
DOJ investigation
5 © 2025 iRhythm Technologies, Inc.
Disclaimer
IRhythm Technologies Inc. published this content on May 12, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 12, 2025 at 03:57 UTC.