Digirad Corporation is a provider of diagnostic solutions. The Company's business is organized into two segments: Diagnostic Services and Diagnostic Imaging. The Company provides in-office nuclear cardiology and ultrasound imaging services. It also provides cardiac event monitoring services to physician practices, hospitals and imaging centers through its Diagnostic Services business segment. The Company sells solid-state gamma cameras for nuclear cardiology and general nuclear medicine applications, as well as provides service on the products it sells through its Diagnostic Imaging business segment. Diagnostic Services also offers remote cardiac event monitoring services, which include provision of a monitor, remote monitoring by registered nurses and monitoring support for its patients and physician customers. Its nuclear cameras feature detectors based on solid-state technology. Its cameras are used in hospitals, imaging centers, physician offices, and by mobile service providers.
Type
Public
HQ
Suwanee, US
Founded
1985
Size (employees)
507 (est)+57%
Digirad was founded in 1985 and is headquartered in Suwanee, US

Digirad Office Locations

Digirad has an office in Suwanee
Suwanee, US (HQ)
E 1048 Industrial Ct

Digirad Data and Metrics

Digirad Financial Metrics

Digirad's revenue was reported to be $125.5 m in FY, 2016 which is a 106% increase from the previous period.
USD

Revenue (FY, 2016)

125.5 m

Revenue growth (FY, 2015 - FY, 2016), %

106%

Gross profit (FY, 2016)

35.8 m

Gross profit margin (FY, 2016), %

29%

Net income (FY, 2016)

14.3 m

EBIT (FY, 2016)

3.1 m

Market capitalization (27-Jun-2017)

79.9 m

Closing share price (27-Jun-2017)

4

Cash (31-Dec-2016)

2.2 m

EV

99.1 m
Digirad's current market capitalization is $79.9 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

49.4 m55.6 m60.8 m125.5 m

Revenue growth, %

13%9%106%

Cost of goods sold

35.3 m39 m42.9 m89.7 m

Gross profit

14.1 m16.6 m17.9 m35.8 m

Gross profit Margin, %

29%30%29%29%

Operating expense total

13.9 m14.1 m15.1 m32.7 m

EBIT

171 k2.5 m2.8 m3.1 m

EBIT margin, %

0%5%5%2%

Interest expense

15 k39 k

Interest income

63 k58 k39 k

Pre tax profit

219 k2.5 m2.5 m1.9 m

Income tax expense

45 k(62 k)19.1 m12.4 m

Net Income

264 k2.5 m21.6 m14.3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

18.7 m14.1 m15.9 m2.2 m

Accounts Receivable

5.4 m6 m7.3 m14.5 m

Current Assets

36.7 m33 m31.7 m27.1 m

PP&E

4.2 m4.8 m6.3 m31.4 m

Goodwill

184 k1.3 m2.9 m6.2 m

Total Assets

41.5 m41.9 m64.1 m106.3 m

Accounts Payable

611 k1.4 m1.4 m6.5 m

Total Debt

21.4 m

Current Liabilities

7.6 m8.3 m8.7 m22.7 m

Additional Paid-in Capital

157 m153.8 m153.9 m151.7 m

Retained Earnings

(117.9 m)(115.4 m)(93.7 m)(79.4 m)

Total Equity

54.2 m66.5 m

Debt to Equity Ratio

0.3 x

Debt to Assets Ratio

0.2 x

Financial Leverage

1.2 x1.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

264 k2.5 m21.6 m14.3 m

Depreciation and Amortization

231 k356 k506 k2.3 m

Accounts Receivable

1 m(614 k)(1.2 m)(1.1 m)

Inventories

1.1 m300 k(811 k)(1.3 m)

Accounts Payable

(935 k)776 k(203 k)439 k

Cash From Operating Activities

2.2 m4.3 m3.7 m10.8 m

Purchases of PP&E

(726 k)(1.3 m)(1.4 m)(6.2 m)

Cash From Investing Activities

766 k(5.1 m)2.2 m(29.1 m)

Long-term Borrowings

(131 k)

Dividends Paid

(3.7 m)(3.8 m)

Cash From Financing Activities

(3.7 m)(3.9 m)(4.1 m)4.6 m

Interest Paid

936 k

Income Taxes Paid

286 k
USDY, 2016

EV/EBIT

32.1 x

EV/CFO

9.2 x

Revenue/Employee

388.4 k

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.6 x

Digirad Market Value History

Digirad Online and Social Media Presence

Digirad Company Life and Culture

You may also be interested in