OverviewSuggest Edit

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.) (Feb 2019)132
Job Openings2
Revenue (FY, 2018)$28.7 M(+11%)
Share Price (May 2019)$5.6 (+2%)

Key People/Management at Electromed

Kathleen Skarvan

Kathleen Skarvan

President & Chief Executive Officer
Jeremy Brock

Jeremy Brock

CFO
John Kowalczyk

John Kowalczyk

Vice President of Sales and Marketing
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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View revenue for all periods
Electromed's revenue was reported to be $28.70 m in FY, 2018
USD

Revenue (Q3, 2019)

7.4m

Gross profit (Q3, 2019)

5.6m

Gross profit margin (Q3, 2019), %

75.2%

Net income (Q3, 2019)

350.1k

EBIT (Q3, 2019)

461.8k

Market capitalization (16-May-2019)

47.4m

Closing stock price (16-May-2019)

5.6

Cash (31-Mar-2019)

7.5m
Electromed's current market capitalization is $47.4 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

15.5m19.4m23.0m25.9m28.7m

Revenue growth, %

25%18%

Cost of goods sold

4.9m5.8m5.1m5.3m5.8m

Gross profit

10.6m13.6m17.9m20.6m22.9m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

3.4m3.5m4.0m4.8m4.9m4.6m5.0m6.3m6.0m5.5m6.4m6.7m6.4m7.0m7.1m7.3m8.0m7.4m

Cost of goods sold

1.1m978.0k1.4m1.5m1.5m1.4m1.1m1.4m1.4m1.2m1.4m1.4m1.4m1.4m1.5m1.7m2.0m1.8m

Gross profit

2.4m2.5m2.5m3.3m3.4m3.2m3.9m4.9m4.6m4.3m4.9m5.3m4.9m5.6m5.6m5.5m6.1m5.6m

Gross profit Margin, %

69%72%64%69%70%69%77%78%77%78%77%80%77%80%79%76%76%75%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

1.5m3.6m5.1m5.6m7.5m

Accounts Receivable

6.5m6.5m7.6m9.9m11.6m

Inventories

2.2m2.1m2.5m2.6m2.4m

Current Assets

10.6m12.6m15.8m18.5m22.2m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

1.1m1.2m772.4k2.3m2.5m2.9m3.8m4.5m4.9m3.8m4.8m5.4m5.8m6.8m7.1m7.7m7.2m7.5m

Accounts Receivable

8.0m7.0m6.5m6.4m6.6m6.4m6.5m6.9m7.3m8.0m8.3m8.9m9.6m9.7m10.1m11.5m11.9m12.3m

Inventories

1.4m2.3m2.6m2.2m2.2m2.4m2.2m2.4m2.3m2.6m2.6m2.6m2.5m2.4m2.2m2.8m2.7m2.7m

Current Assets

12.3m12.3m10.8m11.4m11.7m12.2m12.9m14.2m15.2m15.1m16.1m17.4m18.7m19.3m19.9m23.4m23.0m24.0m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(1.3m)1.1m2.2m2.2m1.9m

Depreciation and Amortization

567.3k613.3k616.0k636.7k676.4k

Inventories

(855.9k)163.4k(347.6k)(28.3k)234.6k

Accounts Payable

(302.3k)384.0k873.8k(337.5k)556.0k
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2019Q2, 2019Q3, 2019

Net Income

(335.4k)(574.7k)(1.6m)377.5k422.7k37.2k341.0k1.1m466.6k191.2k443.9k647.9k154.4k532.1k882.3k

Depreciation and Amortization

122.9k259.1k409.7k155.3k164.9k329.9k527.5k

Inventories

(52.6k)(887.1k)(1.2m)(7.7k)2.2m2.4m2.2m2.4m2.3m2.6m2.6m2.6m(349.4k)(242.5k)(205.5k)

Accounts Payable

161.1k407.3k184.3k314.9k481.0k684.3k522.0k620.9k668.8k425.0k466.9k593.8k(103.3k)(233.8k)(63.8k)
USDY, 2019

Revenue/Employee

56.1k

Financial Leverage

1.1 x
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Electromed News and Updates

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, Jeremy Brock and John Kowalczyk.

  • How many employees does Electromed have?

    Electromed has 132 employees.

  • What is Electromed revenue?

    Latest Electromed annual revenue is $28.7 m.

  • What is Electromed revenue per employee?

    Latest Electromed revenue per employee is $217.4 k.

  • Who are Electromed competitors?

    Competitors of Electromed include Hill-Rom Holdings, Atrion and Vapotherm.

  • 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.