Summary - Funding Rounds

Founding Date

1987
EMIS Health is a subsidiary of EMIS Group

EMIS Health Revenue Breakdown

Embed Graph

EMIS Health revenue breakdown by business segment: 12.0% from Specialist & Care, 14.7% from Community Pharmacy, 71.5% from Primary, Community & Acute Care and 1.8% from Other

EMIS Health Income Statement

Annual

GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

137.6m155.9m158.7m160.4m170.1m

Revenue growth, %

1%6%

Cost of goods sold

14.2m14.7m14.7m

Gross profit

144.6m145.7m155.4m

Gross profit Margin, %

91%91%91%

General and administrative expense

71.2m75.2m74.0m

Operating expense total

121.0m135.0m126.6m

Depreciation and amortization

7.8m7.8m18.1m19.8m23.5m

EBIT

29.1m11.4m23.5m10.6m28.7m

EBIT margin, %

21%7%15%7%17%

Interest expense

553.0k477.0k328.0k178.0k166.0k

Interest income

10.0k28.0k4.0k3.0k33.0k

Pre tax profit

28.5m10.9m25.3m10.9m29.2m

Income tax expense

5.7m5.6m5.2m2.1m5.5m

Net Income

22.8m5.4m20.1m8.9m23.6m

Half Year

GBPH1, 2017H1, 2018H1, 2019

Revenue

79.2m84.5m79.8m

Cost of goods sold

7.8m8.5m7.1m

Gross profit

71.3m76.1m72.7m

Gross profit Margin, %

90%90%91%

General and administrative expense

38.1m36.9m34.9m

Operating expense total

38.1m36.9m60.6m

Depreciation and amortization

9.5m10.4m10.9m

Interest expense

152.0k157.0k303.0k

Interest income

2.0k3.0k23.0k

Pre tax profit

10.7m13.1m12.1m

Income tax expense

2.1m2.4m2.2m

Net Income

8.6m10.6m10.4m

EMIS Health Balance Sheet

Annual

GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

6.9m4.7m4.3m14.0m15.6m

Accounts Receivable

13.4m15.4m15.6m18.7m19.7m

Prepaid Expenses

24.4m21.4m6.1m

Inventories

1.6m1.2m

Current Assets

37.2m39.8m46.1m56.9m53.1m

PP&E

24.3m22.0m22.2m22.0m21.0m

Total Assets

203.6m183.3m179.4m179.9m171.0m

Accounts Payable

7.5m5.1m4.8m3.8m2.4m

Short-term debt

12.9m11.9m

Current Liabilities

67.7m63.8m56.2m65.1m60.2m

Long-term debt

5.9m2.0m

Non-Current Liabilities

25.8m15.9m9.1m6.7m8.2m

Total Debt

18.8m13.8m

Total Liabilities

93.5m79.7m65.2m71.9m68.4m

Common Stock

633.0k633.0k633.0k633.0k633.0k

Additional Paid-in Capital

51.0m51.0m51.0m

Retained Earnings

60.1m52.8m58.2m51.8m51.9m

Total Equity

110.2m103.6m114.1m108.0m102.7m

Financial Leverage

1.8 x1.8 x1.6 x1.7 x1.7 x

Half Year

GBPH1, 2017H1, 2018H1, 2019

Cash

10.5m32.3m26.7m

Current Assets

58.8m77.1m69.2m

PP&E

21.2m21.4m21.9m

Total Assets

182.7m193.9m177.3m

Current Liabilities

58.8m77.1m67.7m

Non-Current Liabilities

8.4m5.8m8.2m

Total Liabilities

67.1m82.9m75.9m

Common Stock

633.0k633.0k633.0k

Additional Paid-in Capital

51.0m51.0m51.0m

Retained Earnings

59.4m53.7m54.1m

Total Equity

115.6m111.0m101.4m

Financial Leverage

1.6 x1.7 x1.7 x

EMIS Health Cash Flow

Annual

GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Depreciation and Amortization

20.0m21.0m23.5m

Accounts Receivable

(6.4m)581.0k2.2m

Inventories

(609.0k)182.0k369.0k

Accounts Payable

1.9m(466.0k)5.3m

Cash From Operating Activities

39.2m35.4m35.7m40.3m43.8m

Purchases of PP&E

(5.4m)(6.2m)(6.2m)

Cash From Investing Activities

(25.1m)(18.6m)(13.5m)(10.4m)(13.4m)

Dividends Paid

(14.0m)(15.5m)(4.0m)

Cash From Financing Activities

(11.3m)(25.4m)(18.9m)(17.5m)(28.8m)

Net Change in Cash

2.8m(8.7m)3.3m12.5m1.6m

Half Year

GBPH1, 2017H1, 2018H1, 2019

Cash From Operating Activities

24.2m32.8m25.6m

Purchases of PP&E

(3.4m)(3.5m)(2.9m)

Cash From Investing Activities

(5.7m)(6.4m)(700.0k)

Short-term Borrowings

(2.0m)(418.0k)

Dividends Paid

(7.4m)(8.1m)(9.0m)

Cash From Financing Activities

(9.5m)(8.0m)(13.8m)

Net Change in Cash

9.0m18.3m11.1m

EMIS Health Operating Metrics

FY, 2016H1, 2017FY, 2017H1, 2018FY, 2018H1, 2019

Average Monthly Page Views

26 m25 m

B2B Customers

4.34 k

Customers (Healthcare Organisations)

10 k10 k10 k

Enterprise Customers (EMIS Health)

42 44

Monthly Unique Visitors (Patient.info)

11.50 m10 m10 m

Registered Users

7.20 m8 m