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Electromed, Inc. develops, manufactures, markets and sells innovative products that provide airway clearance therapy, including the SmartVest Airway Clearance System and related products, to patients with compromised pulmonary function with a commitment to excellence and compassionate service. The SmartVest System features a programmable air pulse generator, a therapy garment worn over the upper body and a connecting hose, which together provide safe, comfortable, and effective airway clearance therapy.

The SmartVest System generates HFCWO, also known as High-Frequency Chest Compression, a technique for airway clearance therapy. The garment repeatedly compresses and releases the upper body at frequencies from 5 to 20 cycles per second creating a “mini cough”. Each compression (or oscillation) produces pulsations that thin and loosen secretions from the surfaces of the lung airways, thins mucus stuck in the lungs and propels them toward the mouth where they can be removed by normal coughing or suction.

TypePublic
Founded1992
HQNew Prague, US
Websitesmartvest.com

Latest Updates

Employees (est.) (Jun 2019)119(-9%)
Revenue (FY, 2020)$32.5 M(+4%)
Share Price (Nov 2020)$9.5 (-2%)
Cybersecurity ratingAMore

Key People/Management at Electromed

Kathleen Skarvan

Kathleen Skarvan

President & Chief Executive Officer
Mike MacCourt

Mike MacCourt

Chief Financial Officer
Kathryn Thompson

Kathryn Thompson

Vice President of Reimbursement
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Electromed Office Locations

Electromed has an office in New Prague
New Prague, US (HQ)
500 6th Ave NW
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Electromed Financials and Metrics

Electromed Revenue

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Electromed's revenue was reported to be $32.47 m in FY, 2020
USD

Revenue (FY, 2020)

32.5m

Gross profit (FY, 2020)

25.2m

Gross profit margin (FY, 2020), %

77.6%

Net income (FY, 2020)

4.2m

EBIT (FY, 2020)

5.1m

Market capitalization (17-Nov-2020)

81.4m

Closing stock price (17-Nov-2020)

9.5

Cash (30-Jun-2020)

10.5m

EV

71.1m
Electromed's current market capitalization is $81.4 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

19.5m15.1m15.5m19.4m23.0m25.9m28.7m31.3m32.5m

Revenue growth, %

25%18%

Cost of goods sold

5.4m4.7m4.9m5.8m5.1m5.3m5.8m7.5m7.3m

Gross profit

14.1m10.4m10.6m13.6m17.9m20.6m22.9m23.8m25.2m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

5.4m4.8m4.8m4.0m3.9m3.2m3.4m3.5m4.0m4.8m4.9m4.6m5.0m6.3m6.0m5.5m6.4m6.7m6.4m7.0m7.1m7.3m8.0m7.4m8.3m8.5m8.7m

Cost of goods sold

1.3m1.3m1.4m1.2m1.3m756.7k1.1m978.0k1.4m1.5m1.5m1.4m1.1m1.4m1.4m1.2m1.4m1.4m1.4m1.4m1.5m1.7m2.0m1.8m2.0m1.9m2.2m

Gross profit

4.1m3.5m3.4m2.8m2.5m2.4m2.4m2.5m2.5m3.3m3.4m3.2m3.9m4.9m4.6m4.3m4.9m5.3m4.9m5.6m5.6m5.5m6.1m5.6m6.3m6.7m6.6m

Gross profit Margin, %

75%73%71%70%65%76%69%72%64%69%70%69%77%78%77%78%77%80%77%80%79%76%76%75%76%78%75%
USDQ1, 2012

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.4 x
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Electromed Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

SecurityScorecard logo

Electromed Online and Social Media Presence

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Electromed News and Updates

Electromed Blogs

COPD Awareness Month

November is COPD Awareness Month, which means there is no better time to get involved and help share facts about this widespread respiratory disease. According to the American Lung Association, Chronic Obstructive Pulmonary Disease (COPD) affects more than 16 million people in the United States, but…

5 Commonly Asked Questions About Getting a SmartVest

Beginning a new journey on your path to airway clearance can stir up many questions: how much will my therapy cost? Will my insurance cover it? Does this product really work? When can I start feeling relief from my chronic symptoms?  At Electromed, our team is here to address your concerns, answer y…

Respiratory Care Week – October 25-31, 2020

Respiratory Care Week is an annual event to recognize the essential work and dedication of respiratory care professionals around the globe. Not only are they deserving of this recognition for the incredible work they do, but it is also a time to spread awareness about respiratory health. This year, …

How To Reduce Inflammation and Other Common Symptoms of Bronchiectasis

Living with bronchiectasis can cause a loved one to produce a chronic cough, experience shortness of breath, and develop frequent respiratory infections that could damage the lungs. Another common symptom of bronchiectasis is chronic inflammation, which can make breathing more difficult and further …

Finding Emotional Support for Your Chronic Respiratory Illness

Living with a chronic respiratory illness like COPD (chronic obstructive pulmonary disease), bronchiectasis, or an overlapping of the two conditions can take a toll on your mental health. You may feel isolated from the hobbies you enjoy doing, as well as the people you love spending time with. Thoug…

What Is a COPD Flare Up?

 A COPD flare up (also known as an COPD exacerbation) is a sudden worsening of symptoms that can leave you feeling low on energy, short on breath, or tightness in the chest area. Other common symptoms of COPD that may worsen during a flare up include[1]: Chronic cough Mucus Build up Respiratory infe…
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Electromed Frequently Asked Questions

  • When was Electromed founded?

    Electromed was founded in 1992.

  • Who are Electromed key executives?

    Electromed's key executives are Kathleen Skarvan, Mike MacCourt and Kathryn Thompson.

  • How many employees does Electromed have?

    Electromed has 119 employees.

  • What is Electromed revenue?

    Latest Electromed annual revenue is $32.5 m.

  • What is Electromed revenue per employee?

    Latest Electromed revenue per employee is $272.9 k.

  • Who are Electromed competitors?

    Competitors of Electromed include Hill-Rom Holdings, Vesiflo and Sientra.

  • Where is Electromed headquarters?

    Electromed headquarters is located at 500 6th Ave NW, New Prague.

  • Where are Electromed offices?

    Electromed has an office in New Prague.

  • How many offices does Electromed have?

    Electromed has 1 office.