OverviewSuggest Edit

Encision Inc., a medical device company, designs, develops, manufactures, and markets patented surgical instruments. It offers Active Electrode Monitoring surgical instruments to enhance electrosurgery and reduce the chance for patient injury in minimally invasive surgery.

The company’s product line includes a range of articulating instruments, such as scissors, graspers, and dissectors; fixed-tip electrodes; and suction-irrigation electrodes. It also provides handles that are used for advanced laparoscopic procedures, which incorporate stiffer shafts and ergonomic features; and markets AEM monitor product line that is used in conjunction with AEM instruments.

The company sells its products primarily to hospitals through a network of direct and independent sales representatives. 

TypePublic
Founded1991
HQBoulder, US
Websiteencision.com
Employee Ratings1.2

Latest Updates

Employees (est.) (Mar 2020)30(-16%)
Revenue (FY, 2020)$7.7 M(-12%)
Share Price (Sept 2020)$0.5 (-16%)
Cybersecurity ratingAMore

Key People/Management at Encision

Greg Trudel

Greg Trudel

President and Chief Executive Officer
Pete Geary

Pete Geary

Chief Operating Officer and Vice President of Operations
Robert H. Fries

Robert H. Fries

Contract Chief Financial Officer
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Encision Office Locations

Encision has an office in Boulder
Boulder, US (HQ)
6797 Winchester Cir
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Encision Financials and Metrics

Encision Revenue

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Encision's revenue was reported to be $7.67 m in FY, 2020
USD

Revenue (Q1, 2021)

1.3m

Gross profit (Q1, 2021)

646.9k

Gross profit margin (Q1, 2021), %

48%

Net income (Q1, 2021)

(139.3k)

EBIT (Q1, 2021)

(149.5k)

Market capitalization (28-Sept-2020)

5.8m

Closing stock price (28-Sept-2020)

0.5

Cash (30-Jun-2020)

628.4k

EV

6.5m
Encision's current market capitalization is $5.8 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

13.0m11.8m10.5m9.7m9.3m8.9m8.8m8.8m7.7m

Revenue growth, %

(8%)(3%)(5%)

Cost of goods sold

6.0m5.2m6.2m5.0m4.8m4.5m3.7m4.1m3.7m

Gross profit

7.0m6.5m4.4m4.7m4.6m4.4m5.0m4.7m4.0m
Quarterly
USDQ3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

3.2m3.1m2.9m3.1m2.7m2.6m2.7m2.5m2.3m2.6m2.5m2.3m2.3m2.3m2.2m2.2m2.4m2.2m2.2m2.4m2.2m2.1m1.9m1.9m2.0m1.3m

Cost of goods sold

1.4m1.4m1.3m1.4m1.2m1.2m1.3m1.3m1.2m1.4m1.3m1.1m1.1m1.1m1.1m1.2m1.0m903.9k956.7k1.1m991.5k1.1m995.6k875.4k955.5k700.7k

Gross profit

1.7m1.7m1.6m1.7m1.5m1.4m1.4m1.2m1.1m1.2m1.2m1.2m1.2m1.2m1.0m1.1m1.3m1.3m1.2m1.3m1.2m1.1m933.0k1.0m1.1m646.9k

Gross profit Margin, %

55%56%56%55%57%53%52%49%47%47%48%51%51%52%47%48%57%58%56%54%55%50%48%55%53%48%
USDQ3, 2012

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.8 x
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Encision Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

SecurityScorecard logo

Encision Online and Social Media Presence

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Encision News and Updates

Encision Introduces Its AEM® 2X enTouch® Scissors

BOULDER, Colo., Aug. 5, 2020 /PRNewswire/ -- Encision Inc. (PK:ECIA), a medical device company owning patented Active Electrode Monitoring (AEM®) Technology that prevents dangerous stray electrosurgical burns in minimally invasive surgery, today announced the introduction of Its AEM 2X...

Encision Reports Third Quarter Fiscal Year 2020 Results

BOULDER, Colo., Feb. 6, 2020 /PRNewswire/ -- Encision Inc. (PK:ECIA), a medical device company owning patented Active Electrode Monitoring (AEM®) Technology that prevents dangerous stray electrosurgical burns in minimally invasive surgery, today announced financial results for its fiscal...

Encision Reports Second Quarter Fiscal Year 2020 Results

BOULDER, Colo., Nov. 6, 2019 /PRNewswire/ -- Encision Inc. (PK:ECIA), a medical device company owning patented Active Electrode Monitoring (AEM®) Technology that prevents dangerous stray electrosurgical burns in minimally invasive surgery, today announced financial results for its fiscal...

Encision Reports First Quarter Fiscal Year 2020 Results

BOULDER, Colo., Aug. 12, 2019 /PRNewswire/ -- Encision Inc. (PK:ECIA), a medical device company owning patented Active Electrode Monitoring (AEM®) Technology that prevents dangerous stray electrosurgical burns in minimally invasive surgery, today announced financial results for its fiscal...

Encision Reports Fourth Quarter Fiscal Year 2019 Results

BOULDER, Colo., May 14, 2019 /PRNewswire/ -- Encision Inc. (PK:ECIA), a medical device company owning patented Active Electrode Monitoring (AEM®) Technology that prevents dangerous stray electrosurgical burns in minimally invasive surgery, today announced financial results for its fiscal...

Encision Inc. Receives Innovative Technology Contract from Vizient for Shielded AEM® Laparoscopic Instruments and Monitors

BOULDER, Colo., April 2, 2019 /PRNewswire/ -- Encision Inc. (PK: ECIA) announced its Shielded AEM® Laparoscopic Instruments and Monitors have received an Innovative Technology contract from Vizient, Inc. the largest member-driven health care performance improvement company in the country. ...
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Encision Frequently Asked Questions

  • When was Encision founded?

    Encision was founded in 1991.

  • Who are Encision key executives?

    Encision's key executives are Greg Trudel, Pete Geary and Robert H. Fries.

  • How many employees does Encision have?

    Encision has 30 employees.

  • What is Encision revenue?

    Latest Encision annual revenue is $7.7 m.

  • What is Encision revenue per employee?

    Latest Encision revenue per employee is $255.7 k.

  • Who are Encision competitors?

    Competitors of Encision include Sofregen Medical, XENAMED Industries and Ethicon.

  • Where is Encision headquarters?

    Encision headquarters is located at 6797 Winchester Cir, Boulder.

  • Where are Encision offices?

    Encision has an office in Boulder.

  • How many offices does Encision have?

    Encision has 1 office.