The healthcare industry is at a critical juncture, where every effort is being made to increase the effectiveness of care, while decreasing the financial burden on our system. With the introduction of BioTelemetry, we aim to lead in the advancement of mobile health monitoring by providing unmatched products and services to help healthcare professionals track and diagnose patients in a more efficient, accurate, and cost-effective manner. In April 2013, our predecessor company, CardioNet, Inc. (NASDAQ: BEAT), announced plans to adopt a holding company structure to more effectively facilitate our ongoing growth plans. With this change, our strategy is to achieve sustained long-term growth by solidifying our leadership position in remote cardiac monitoring, building a leading research services business, and identifying markets that would benefit from the application of our wireless platform and proprietary technology. We currently have four subsidiaries: CardioNet & Mednet- cardiac medical device & monitoring services, Braemar- cardiac manufacturing, Cardiocore- cardiac clinical research.
Malvern, US
Size (employees)
938 (est)
BioTelemetry was founded in 2013 and is headquartered in Malvern, US

BioTelemetry Office Locations

BioTelemetry has an office in Malvern
Malvern, US (HQ)
102 1000 Cedar Hollow Rd

BioTelemetry Financials and Metrics

BioTelemetry Financials

BioTelemetry's revenue was reported to be $208.3 m in FY, 2016

Revenue (Q2, 2017)

58.1 m

Gross profit (Q2, 2017)

36 m

Gross profit margin (Q2, 2017), %


Net income (Q2, 2017)

1.7 m

EBIT (Q2, 2017)

4.4 m

Market capitalization (13-Nov-2017)

824.5 m

Cash (30-Jun-2017)

26.9 m


822.3 m
BioTelemetry's current market capitalization is $824.5 m.
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


119 m111.5 m129.5 m166.6 m178.5 m208.3 m

Revenue growth, %


Cost of goods sold

6.2 m5.1 m4.9 m73.1 m72 m78.9 m

Gross profit

112.8 m106.4 m124.6 m93.5 m106.6 m129.5 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


31.9 m37.2 m42.7 m43.1 m43.4 m44.8 m43.5 m48.6 m52.7 m53.1 m55.9 m58.1 m

Cost of goods sold

12.6 m15.5 m19 m19.4 m18.2 m18.1 m17.2 m18 m19.8 m20.2 m23 m22.2 m

Gross profit

19.2 m21.6 m23.6 m23.7 m25.2 m26.7 m26.3 m30.6 m32.9 m32.9 m32.9 m36 m

Gross profit Margin, %

USDY, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016


18.7 m18.3 m18.3 m22.2 m20 m19 m23.1 m


2.4 m2.4 m1.5 m5.2 m

Current Assets

44.3 m49.5 m47 m59.6 m


18.8 m21.7 m25.6 m25.8 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


21 m12 m13.5 m12.2 m12.3 m14.8 m15.5 m22.8 m25.4 m32.3 m25.1 m26.9 m


3.4 m3 m3 m2.6 m3 m3.2 m2.8 m2.9 m3.5 m3.8 m4.3 m4.1 m

Current Assets

46 m40.8 m41.8 m41.9 m42.3 m43.5 m45.2 m51.7 m59 m68.3 m64 m65.9 m


17.7 m25 m29.1 m29 m21.4 m23.8 m25 m26.3 m26.3 m26.3 m26.4 m26.7 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(7.3 m)(9.8 m)7.4 m53.4 m

Depreciation and Amortization

12.3 m12.6 m12.5 m14.3 m

Accounts Receivable

(4.6 m)(13 m)(7.7 m)


340 k299 k188 k(753 k)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

(7.3 m)(4.1 m)(8.1 m)(8.1 m)(69 k)2.1 m4.6 m4 m8.3 m12.4 m196 k1.9 m

Depreciation and Amortization

9.5 m2.8 m6 m9.2 m3 m6 m9.1 m3.3 m6.9 m10.6 m3.7 m7.5 m

Accounts Receivable

(3.8 m)(5 m)(7.6 m)(11.2 m)(3 m)(4 m)(6.8 m)(2.9 m)


(520 k)(104 k)(104 k)307 k(456 k)(640 k)(241 k)(487 k)(786 k)(1.2 m)810 k845 k
Y, 2017


187.4 x


76.6 x

Financial Leverage

1.4 x
Show all financial metrics

BioTelemetry Operating Metrics

FY, 2015FY, 2016

Patents (foreign)


Patents Issued




Patents (US)

Show all operating metrics

BioTelemetry Market Value History

BioTelemetry's Web-traffic and Trends

BioTelemetry News and Updates

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