OverviewSuggest Edit
Cochlear is a company developing implantable hearing solutions. Its products aim to treat hearing loss.
| Type | Public | |
| Founded | 1982 | |
| HQ | Macquarie Park, AU | Map |
| Website | cochlear.com | |
| Employee Ratings | More |
Recent NewsAll News
- Cochlear backs medtech startup EpiMinder in $16 million bridge funding round
- The Long Road to Today’s Cochlear Implant
- Cochlear Implants Market Size is Expected to Hit US$ 3.9 Bn by 2027 | AllTheResearch
- iotaMotion Announces FDA Grants De Novo Request to Market The iotaSOFT™ Insertion System, First of Its Kind Robotic-Assisted Cochlear Implant Insertion System
Cochlear Office Locations
Cochlear has offices in Macquarie Park, Centennial, Mechelen, Toronto and in 12 other locations
Macquarie Park, AU (HQ)
1 University Ave
Mechelen, BE
Schaliënhoevedreef 20j
Toronto, CA
2500-120 Adelaide St W
Bogotá, CO
Ak. 9 #11530
Toulouse, FR
135 Route de Saint-Simon
Hannover, DE
Karl-Wiechert-Allee 76A
Cochlear Financials and Metrics
Cochlear Revenue
Cochlear's revenue was reported to be $1.49 b in FY, 2021
| AUD | |
|---|---|
Revenue (H1, 2022) | 820.7m |
Gross profit (H1, 2022) | 618.7m |
Net income (H1, 2022) | 169.3m |
EBITDA (H1, 2022) | 218.2m |
EBIT (H1, 2022) | 218.2m |
Market capitalization (9-May-2022) | 14.2b |
Closing stock price (9-May-2022) | 216.5 |
Cash (31-Dec-2021) | 553.1m |
EV | 13.7b |
Cochlear's current market capitalization is $14.2 b.
Annual
| AUD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Revenue | 1.4b | 1.4b | 1.4b | 1.5b |
Cost of goods sold | (361.2m) | (351.1m) | (266.9m) | (330.7m) |
Gross profit | 1.0b | 1.1b | 1.1b | 1.2b |
R&D expense | (167.7m) | (184.4m) | (185.1m) | (195.0m) |
Half Year
| AUD | H1, 2019 | H1, 2020 | H1, 2021 | H1, 2022 |
|---|---|---|---|---|
Revenue | 711.9m | 777.6m | 743.2m | 820.7m |
Cost of goods sold | (179.5m) | (192.2m) | (209.2m) | (207.7m) |
Gross profit | 540.3m | 595.5m | 562.0m | 618.7m |
R&D expense | (88.2m) | (94.4m) | (88.4m) | (98.6m) |
Annual
| AUD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Cash | 61.5m | 78.6m | 565.0m | 609.6m |
Accounts Receivable | 299.1m | 299.5m | 211.4m | 262.1m |
Prepaid Expenses | 34.9m | 39.1m | 87.0m | 90.4m |
Inventories | 167.4m | 195.4m | 223.8m | 216.1m |
Half Year
| AUD | H1, 2019 | H1, 2020 | H1, 2021 | H1, 2022 |
|---|---|---|---|---|
Cash | 92.3m | 89.4m | 587.7m | 553.1m |
Accounts Receivable | 293.8m | 317.0m | 242.6m | 317.7m |
Prepaid Expenses | 41.0m | 38.5m | 113.0m | 83.6m |
Inventories | 176.5m | 204.0m | 196.8m | 238.0m |
Annual
| AUD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Net Income | 245.8m | 276.7m | (238.3m) | 326.5m |
Depreciation and Amortization | 34.2m | 38.5m | 77.5m | 79.5m |
Inventories | (7.4m) | (28.0m) | (28.4m) | 7.7m |
Accounts Payable | 3.8m | 34.6m | (30.3m) | 30.7m |
Half Year
| AUD | H1, 2019 | H1, 2020 | H1, 2021 | H1, 2022 |
|---|---|---|---|---|
Net Income | 128.6m | 157.7m | 236.2m | 169.3m |
Cochlear Revenue Breakdown
Cochlear revenue breakdown by business segment: 100.0% from EAR IMPLANT INDUSTRY
Cochlear Cybersecurity Score
Cochlear Environment, Social & Governance (ESG) Ratings
Cochlear Online and Social Media Presence
3.26k Twitter followers
Cochlear has 3.26k Twitter Followers. The number of followers has increased 1% month over month and increased 3.4% quarter over quarter
Cochlear's Trends
Twitter Engagement Stats for @CochlearGlobal
812
Tweets
493
Following
3.3k
Followers
3
Tweets last 30 days
8
Avg. likes per Tweet
100%
Tweets with engagement
Cochlear News and Updates
March 15, 2022
Cochlear backs medtech startup EpiMinder in $16 million bridge funding round
Melbourne-based epilepsy monitoring startup Epi-Minder has raised $16 million bridge financing round. The raise was backed by existing shareholders including Cochlear, the Bionics Institute, the University of Melbourne and Seer Medical, as well as private investors. The venture plans to use the cas…
November 10, 2021
Cochlear Implants Market Size is Expected to Hit US$ 3.9 Bn by 2027 | AllTheResearch
Global “Cochlear Implants Market by Type (Bilateral Implant, Unilateral Implant); by End- Users (Children, Adults); and by Region (North America, Europe, Asia Pacific, Latin America, MEA); - Global Forecasts 2021 to 2027” Updated report added by AllTheResearch provides comprehensive coverage on majo…
October 05, 2021
iotaMotion Announces FDA Grants De Novo Request to Market The iotaSOFT™ Insertion System, First of Its Kind Robotic-Assisted Cochlear Implant Insertion System
IOWA CITY, Iowa, Oct. 5, 2021 /PRNewswire/ -- iotaMotion Inc., a leader in developing advanced surgical systems for cochlear implant surgery, announced FDA granted its' De Novo classification request to market the iotaSOFT™ insertion system. iotaSOFT is the world's first and only...
September 15, 2021
Global Cochlear Implant Market Report 2021 - Rising Adoption of Advanced Cochlear Implants for Children - Forecast to 2026
Dublin, Sept. 15, 2021 (GLOBE NEWSWIRE) -- The "Cochlear Implant Market - Forecasts from 2021 to 2026" report has been added to ResearchAndMarkets.com's offering. The global cochlear implant market is evaluated at US$2.071 billion for the year 2019 growing at a CAGR of 9.82% reaching the market si…
August 11, 2021
Highland Park Audiologist Adds Cochlear Implant Expert to Staff
HIGHLAND PARK, N.J., Aug. 11, 2021 /PRNewswire/ -- Dr. Tran Do has joined the staff of New Jersey audiology practice The Hearing Center, after completing a residency with a focus on cochlear implant patients. "Dr. Do brings empathy and compassion to her patients," said Dr. Eric Sandler,...
Cochlear Frequently Asked Questions
When was Cochlear founded?
Cochlear was founded in 1982.
How many employees does Cochlear have?
Cochlear has 4,000 employees.
What is Cochlear revenue?
Latest Cochlear annual revenue is $1.5 b.
What is Cochlear revenue per employee?
Latest Cochlear revenue per employee is $373.3 k.
Who are Cochlear competitors?
Competitors of Cochlear include INTEGRA Biosciences, Dynatronics and Sagent Pharmaceuticals.
Where is Cochlear headquarters?
Cochlear headquarters is located at 1 University Ave, Macquarie Park.
Where are Cochlear offices?
Cochlear has offices in Macquarie Park, Centennial, Mechelen, Toronto and in 12 other locations.
How many offices does Cochlear have?
Cochlear has 21 offices.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies