Aethon offers automated hospital delivery and asset management solutions. TUG®, Aethon's Automated Robotic Delivery System (ARD), can transport both scheduled and on-demand hospital deliveries between all ancillary, support and patient care units. Aethon's TUG provides a cost-effective and non-disruptive infrastructure for asset tracking, leveraging interference-free RFID technology to locate missing equipment throughout the hospital.
Company Growth (employees)
Type
Private
HQ
Pittsburgh, US
Founded
2002
Size (employees)
167 (est)-3%
Website
aethon.com
Aethon was founded in 2002 and is headquartered in Pittsburgh, US

Key People at Aethon

Aldo Zini

Aldo Zini

President & CEO
Robert Reilly

Robert Reilly

Chief Financial Officer
Spencer Allen

Spencer Allen

Chief Technology Officer
Peter Seiff

Peter Seiff

Senior Vice President of Business Development
Brian Curren

Brian Curren

Vice President of Professional Service
Tony Melanson

Tony Melanson

Vice President of Marketing

Aethon Office Locations

Aethon has an office in Pittsburgh
Pittsburgh, US (HQ)
100 Business Center Drive

Aethon Data and Metrics

Summary Metrics

Founding Date

2002

Total Funding

$34.7 m

Latest funding size

$3.4 m

Time since last funding

almost 2 years

Investors

Aethon's latest funding round in October 2015 was reported to be $3.4 m. In total, Aethon has raised $34.7 m

Aethon Financial Metrics

Aethon's revenue was reported to be $392.1 k in FY, 2017
USD

Revenue (FY, 2017)

392.1 k

Revenue growth (FY, 2016 - FY, 2017), %

(56%)

Net income (FY, 2017)

(7.3 m)

EBIT (FY, 2017)

(6.1 m)

Cash (31-Mar-2017)

1.6 m
USDFY, 2014FY, 2016FY, 2017

Revenue

1.6 m886.6 k392.1 k

Revenue growth, %

(56%)

General and administrative expense

931.1 k929 k849.5 k

Operating expense total

4.7 m5.3 m6.5 m

EBIT

(3.1 m)(4.4 m)(6.1 m)

EBIT margin, %

(188%)(495%)(1555%)

Net Income

(13.4 m)(5 m)(7.3 m)
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

General and administrative expense

201 k227.1 k467.4 k286 k325.7 k382.6 k223.6 k290.1 k183 k

Operating expense total

201 k227.1 k467.4 k286 k325.7 k382.6 k223.6 k290.1 k183 k

EBIT

(1.2 m)(601.2 k)(1.1 m)(1.1 m)(1.1 m)(1.1 m)(1.1 m)(2.2 m)(1.2 m)
USDFY, 2014FY, 2016FY, 2017

Cash

1.3 m2.1 m1.6 m

Accounts Receivable

95.2 k199.5 k

Inventories

53.3 k

Current Assets

1.5 m2.4 m1.6 m

PP&E

84.3 k36 k29.2 k

Total Assets

1.7 m2.6 m1.7 m

Accounts Payable

517.7 k244.8 k484.4 k

Total Debt

780 k519.2 k

Current Liabilities

15.6 m526.6 k611.8 k

Non-Current Liabilities

776.5 k

Total Liabilities

16.4 m1.1 m

Additional Paid-in Capital

59.7 m88 m94.4 m

Retained Earnings

(74.8 m)(86.5 m)(93.8 m)

Total Equity

1.5 m595.4 k

Debt to Equity Ratio

0.9 x

Debt to Assets Ratio

0.5 x0.3 x

Financial Leverage

1.7 x2.9 x
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

807.3 k526.2 k2.8 m5.6 m4.2 m3.3 m1.3 m556.4 k628.6 k

Accounts Receivable

11.1 k258.7 k15.2 k967186.8 k1.7 k193.7 k

Current Assets

938 k892.2 k3 m5.8 m4.5 m3.4 m1.3 m816.5 k661.1 k

PP&E

77.2 k70.2 k63.1 k49 k42 k43.7 k29.7 k23 k19.5 k

Total Assets

1.1 m1.1 m3.2 m6 m4.7 m3.6 m1.5 m950.8 k789.6 k

Accounts Payable

658.2 k609.2 k324.3 k374.4 k217.6 k215.9 k382 k384.7 k292.2 k

Current Liabilities

3.7 m3.4 m1.6 m896.6 k828.9 k883.9 k469 k1.1 m374.1 k

Non-Current Liabilities

1 m990.5 k264.3 k

Additional Paid-in Capital

74.5 m75.7 m81.6 m87.9 m87.9 m88 m89.1 m90.8 m92.2 m

Retained Earnings

(78.5 m)(79.3 m)(80.7 m)(82.8 m)(84 m)(85.3 m)(88.6 m)(90.9 m)(92.1 m)

Total Equity

1.3 m5.1 m3.9 m2.7 m375.3 k1.1 k

Financial Leverage

2.4 x1.2 x1.2 x1.3 x3.9 x729.1 x
USDFY, 2014FY, 2016FY, 2017

Net Income

(13.4 m)(5 m)(7.3 m)

Depreciation and Amortization

21.1 k38.5 k32.4 k

Accounts Receivable

113.6 k(6.1 k)199.5 k

Inventories

19.8 k

Accounts Payable

46.6 k(46.4 k)322.1 k

Cash From Operating Activities

(2.1 m)(4.3 m)(3.5 m)

Purchases of PP&E

(96.1 k)(9.3 k)(16.4 k)

Cash From Investing Activities

(96.1 k)(9.3 k)(16.4 k)

Cash From Financing Activities

3.4 m5.6 m3 m

Interest Paid

14 k
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Accounts Receivable

11.1 k258.7 k15.2 k967186.8 k1.7 k193.7 k

Accounts Payable

658.2 k609.2 k324.3 k374.4 k217.6 k215.9 k382 k384.7 k292.2 k
USDY, 2017

Revenue/Employee

2.9 k

Debt/Equity

0.9 x

Debt/Assets

0.3 x

Financial Leverage

2.9 x

Traffic Overview of Aethon

Aethon Company Life and Culture

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