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. 

Type
Public
HQ
Boulder, US
Founded
1991
Size (employees)
47 (est)
Encision was founded in 1991 and is headquartered in Boulder, US
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Encision Office Locations

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

Encision Financials

Encision's revenue was reported to be $8.75 m in FY, 2018
USD

Revenue (FY, 2018)

8.8 m

Gross profit (FY, 2018)

5 m

Gross profit margin (FY, 2018), %

57.2%

Net income (FY, 2018)

335.6 k

EBIT (FY, 2018)

395.8 k

Market capitalization (27-Oct-2017)

5.3 m

Closing share price (27-Oct-2017)

0.5

Cash (31-Mar-2018)

114.5 k
Encision's current market capitalization is $5.3 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

10.5 m9.7 m9.3 m8.9 m8.8 m

Revenue growth, %

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

Cost of goods sold

6.2 m5 m4.8 m4.5 m3.7 m

Gross profit

4.4 m4.7 m4.6 m4.4 m5 m
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q3, 2018

Revenue

2.6 m2.5 m2.3 m2.3 m2.3 m2.2 m2.2 m6.7 m

Cost of goods sold

1.4 m1.3 m1.1 m1.1 m1.1 m1.1 m1.2 m2.9 m

Gross profit

1.2 m1.2 m1.2 m1.2 m1.2 m1 m1.1 m3.8 m

Gross profit Margin, %

47%48%51%51%52%47%48%57%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

1.7 m258.7 k292.8 k45.1 k114.5 k

Current Assets

4.8 m3.7 m3 m2.3 m2.6 m

Total Assets

6.2 m4.7 m3.8 m3.1 m3.3 m

Accounts Payable

666.2 k675.4 k355.9 k402.9 k466.4 k
Quarterly
USDQ3, 2015Q3, 2018

Cash

688.3 k212.6 k

Current Assets

4 m2.6 m

Total Assets

5.1 m3.2 m

Accounts Payable

581.3 k521.8 k
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(1.8 m)(1.4 m)(880.2 k)(729.3 k)335.6 k

Depreciation and Amortization

499.1 k382.1 k318.7 k224.9 k202.9 k

Inventories

196.1 k(249.9 k)436.9 k962.3 k(279.7 k)

Accounts Payable

(157.2 k)9.3 k(319.5 k)47 k63.5 k
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

(1 m)(213.2 k)(184.3 k)(200 k)(98.7 k)(239.6 k)(274.2 k)

Depreciation and Amortization

293.7 k

Inventories

19.9 k

Accounts Payable

470.6 k544.9 k(84.8 k)497.6 k463.7 k442.7 k444.3 k289.2 k508.4 k
USDY, 2018

Revenue/Employee

186.3 k

Financial Leverage

1.5 x
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Encision Online and Social Media Presence

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Encision News and Updates

New Trends of Disposable Laparoscopic Instruments Market with Worldwide Industry Analysis to 2017-2027

Future Market Insights has announced the addition of the “Disposable Laparoscopic Instruments Market: Global Industry Analysis and Opportunity Assessment, 2017-2027"report to their offering. Posted via Industry Today. Follow us on Twitter @IndustryToday
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