InMode Ltd. (NASDAQ:INMD) Q4 2022 Earnings Call Transcript

Shakil Lakhani: It’s tough to say, and it’s not that I’m trying to answer on what you’re asking, but it’s really hard to say. Each year, obviously, there’s newer doctors out there. We’re in training programs with our technology. So, they’re very familiar with what we’re offering. It’s hard. I just don’t want to give you a number and be totally way off to mess with your model. But I do — as I said, I think we have — I think we still have a really large runway for this.

Moshe Mizrahy: I mean, I would like to add to what Shakil said, just for comparison, right now, there are more than 30,000, 35,000 active laser equipment in the United States, or even more than that. So we are now in the range of 8,000. So just figure out that every doctor who are using laser for static future and eventually will use RF for static as well. So we have a long way to go.

Operator: Thank you. This concludes our question-and-answer session. Now, I’d like to turn the conference back over to Mr. Moshe Mizrahy, chairman and CEO. Please go ahead.

Moshe Mizrahy: Thank you, everybody, for joining us. I want to extend thanks to all employees of InMode around the globe. I want to thank the management of InMode for the great year. We have finalized all the plans for 2023 and start working on another exciting year. I hope that 2023 will be another record year for us. Thank you all, and see you soon in the end of the first quarter. Thanks.

Operator: Conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.