InMode now faces a bidding contest: an investment fund offered $16.75 a share versus CEO Moshe Mizrahy's $16.20, and further developments are likely. The company trades near an $870M market cap with over $530M in cash and almost no debt, and remains profitable on about $82M of quarterly revenue. Higher strategic bids, including reported Korean interest well above the share price, surfaced during an earlier review before it disappeared. x.com 

InMode looks like a hated, cash-rich turnaround as the aesthetics market recovers. Its $870 million market cap includes over $530 million of cash and basically no debt, it generated about $82 million of quarterly revenue with strong free cash flow, and revenue growth has returned, matching recovery at Evolus and AbbVie. Heavy buybacks and CEO Moshe Mizrahy's open-market buying come amid governance concerns: a strategic review vanished after higher bids, the chairman resigned and the CFO left. x.com