Authentidate

Authentidate (www.authentidate.com) is a leading provider of Telehealth and workflow optimization solutions for healthcare organizations. Our cloud-based solutions enable healthcare organizations to enhance non-acute patient care, increase revenues and reduce costs. The company’s healthcare customers and users include leading hospitals, homecare companies, health plans and physician groups. Solutions: Our Remote Patient Management (Telehealth) solutions provide cost-effective tools to improve patient health and reduce hospitalizations. Our Referral Management and Discharge solutions provide automation and workflow improvements that greatly reduce care documentation completion times, outstanding billable revenues and overheads.
Company Growth (employees)
Type
Public
HQ
Berkeley Heights, US
Founded
1992
Size (employees)
25 (est)
Authentidate was founded in 1992 and is headquartered in Berkeley Heights, US

Key People at Authentidate

William A. Marshall CPA

William A. Marshall CPA

CFO
O'Connell Benjamin

O'Connell Benjamin

President

Authentidate Office Locations

Authentidate has an office in Berkeley Heights
Berkeley Heights, US (HQ)
1000 300 Connell Dr

Authentidate Data and Metrics

Authentidate Financial Metrics

Authentidate's revenue was reported to be $4.9 m in Q2, 2016
USD

Revenue (Q2, 2016)

4.9 m

Gross profit (Q2, 2016)

3.8 m

Gross profit margin (Q2, 2016), %

77%

Net income (Q2, 2016)

(445.3 k)

EBIT (Q2, 2016)

(929.5 k)

Market capitalization (19-Jul-2017)

11.7 m

Closing share price (19-Jul-2017)

1.5

Cash (31-Dec-2016)

356.1 k
Authentidate's current market capitalization is $11.7 m.
USDFY, 2014Y, 2015FY, 2016

Revenue

5.6 m3.7 m34.6 m

Revenue growth, %

(34%)837%

Cost of goods sold

3.8 m1.9 m6.9 m

Gross profit

1.8 m1.8 m27.7 m

Gross profit Margin, %

32%49%80%

R&D expense

22 k

General and administrative expense

19.1 m

Operating expense total

12.7 m12.4 m28.8 m

EBIT

(7.1 m)(8.7 m)5.8 m

EBIT margin, %

(128%)(236%)17%

Pre tax profit

5.6 m

Income tax expense

324.7 k

Net Income

(7.1 m)(9.7 m)5.3 m
USDQ3, 2014Q1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016

Revenue

1.2 m1.1 m1.3 m769 k398 k399 k7.6 m6.1 m4.9 m

Cost of goods sold

835 k593 k751 k319 k207 k208 k2.3 m1.2 m1.1 m

Gross profit

386 k459 k596 k450 k191 k191 k5.3 m4.9 m3.8 m

Gross profit Margin, %

32%44%44%59%48%48%70%81%77%

R&D expense

275 k370 k369 k310 k162 k97 k22 k

General and administrative expense

1.6 m2 m2.1 m2.3 m1.5 m1.8 m4 m3.6 m4.3 m

Operating expense total

1.9 m2.4 m2.5 m2.6 m1.7 m1.9 m4 m3.6 m4.3 m

EBIT

(1.7 m)(2.1 m)(2.1 m)(2.4 m)(1.7 m)(1.9 m)850.8 k654.7 k(929.5 k)

EBIT margin, %

(138%)(201%)(155%)(309%)(416%)(474%)11%11%(19%)

Interest expense

278.6 k(92.2 k)

Pre tax profit

391.4 k

Income tax expense

436.6 k45.4 k

Net Income

(1.6 m)(2.1 m)(2.1 m)(2.4 m)(2.1 m)(6.2 m)(45.2 k)(64.7 k)(445.3 k)
USDFY, 2014FY, 2015FY, 2016

Cash

1.1 m247 k1.4 m

Accounts Receivable

508 k274 k2.1 m

Inventories

259 k222 k337.9 k

Current Assets

5.3 m1.6 m4.2 m

PP&E

448 k301 k3.5 m

Goodwill

3.3 m

Total Assets

8.2 m4.2 m51.7 m

Accounts Payable

4.3 m

Total Debt

6 m

Current Liabilities

2.9 m4.5 m11.6 m

Total Liabilities

11.7 m

Additional Paid-in Capital

201.5 m205.9 m38.3 m

Retained Earnings

(196.4 m)(206.5 m)1.6 m

Total Equity

5.2 m39.9 m

Debt to Equity Ratio

0.1 x

Debt to Assets Ratio

0.1 x

Financial Leverage

1.6 x1.3 x
USDQ3, 2014Q1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016

Cash

2.4 m1.4 m623 k295 k282 k119 k2.8 m600.7 k356.1 k

Accounts Receivable

659 k548 k424 k389 k217 k197 k4.5 m2.6 m1.1 m

Inventories

3 m2.9 m2.8 m918 k598 k356 k319.8 k84.4 k66.8 k

Current Assets

7 m5.7 m4.3 m2.2 m1.8 m1.2 m14.1 m3.6 m1.7 m

PP&E

503 k399 k412 k382 k253 k208 k3 m3.2 m2.9 m

Goodwill

3.3 m3.3 m3.3 m

Total Assets

9.9 m8.6 m7.1 m5 m4.2 m3.4 m55.2 m50.7 m48.4 m

Accounts Payable

5.3 m4.1 m3.2 m

Current Liabilities

2.9 m3.1 m3.4 m3.3 m6.1 m9.5 m11.5 m16.2 m9 m

Additional Paid-in Capital

201 m203.9 m204.3 m204.7 m206.6 m208.7 m38.2 m38.4 m43.9 m

Retained Earnings

(194.2 m)(198.6 m)(200.8 m)(203.3 m)(208.7 m)(214.9 m)5.4 m(4.1 m)(4.6 m)

Total Equity

7 m5.4 m3.6 m1.5 m43.7 m34.4 m39.4 m

Financial Leverage

1.4 x1.6 x2 x3.3 x1.3 x1.5 x1.2 x
USDFY, 2014FY, 2015FY, 2016

Net Income

(7.1 m)(9.7 m)5.3 m

Depreciation and Amortization

766 k959 k1.1 m

Accounts Receivable

58 k234 k(2.7 m)

Inventories

339 k37 k56.8 k

Accounts Payable

1.1 k

Cash From Operating Activities

(4.7 m)(5 m)7.9 m

Purchases of PP&E

(1.7 m)

Cash From Investing Activities

(336 k)

Dividends Paid

(70 k)(18 k)

Cash From Financing Activities

1.9 m4.5 m(10 m)

Interest Paid

97.5 k

Income Taxes Paid

8 k
USDQ3, 2014Q1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016

Net Income

(1.6 m)(2.1 m)(2.1 m)(2.4 m)(2.1 m)(6.2 m)(45.2 k)(64.7 k)(445.3 k)

Depreciation and Amortization

191 k189 k210 k200 k182 k185 k400.1 k408.7 k394.5 k

Accounts Receivable

659 k548 k424 k389 k217 k197 k4.5 m2.6 m1.1 m

Inventories

3 m2.9 m2.8 m918 k319.8 k

Accounts Payable

5.3 m4.1 m3.2 m
Y, 2016

Financial Leverage

1.2 x

Authentidate Market Value History

Authentidate Online and Social Media Presence

Authentidate Company Life and Culture

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