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 2019)36
Revenue (FY, 2019)$8.8 M

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 $8.80 m in FY, 2019
USD

Revenue (FY, 2019)

8.8m

Gross profit (FY, 2019)

4.7m

Gross profit margin (FY, 2019), %

53.1%

Net income (FY, 2019)

(236.1k)

EBIT (FY, 2019)

(186.4k)

Market capitalization (8-Oct-2018)

3.7m

Cash (31-Mar-2019)

273.3k
Encision's current market capitalization is $3.7 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

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

Revenue growth, %

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

Cost of goods sold

6.2m5.0m4.8m4.5m3.7m4.1m

Gross profit

4.4m4.7m4.6m4.4m5.0m4.7m
Quarterly
USDQ2, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018Q1, 2019

Revenue

2.6m2.3m2.6m2.5m2.3m2.3m2.3m2.2m2.2m2.2m2.2m2.4m

Cost of goods sold

1.2m1.2m1.4m1.3m1.1m1.1m1.1m1.1m1.2m903.9k956.7k1.1m

Gross profit

1.4m1.1m1.2m1.2m1.2m1.2m1.2m1.0m1.1m1.3m1.2m1.3m

Gross profit Margin, %

53%47%47%48%51%51%52%47%48%58%56%54%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.7m258.7k292.8k45.1k114.5k273.3k

Current Assets

4.8m3.7m3.0m2.3m2.6m2.9m

Total Assets

6.2m4.7m3.8m3.1m3.3m3.4m

Accounts Payable

666.2k675.4k355.9k402.9k466.4k579.0k
Quarterly
USDQ2, 2014Q2, 2015Q3, 2015Q3, 2016Q2, 2017Q3, 2017Q2, 2018Q3, 2018Q1, 2019

Cash

51.4k1.0m688.3k107.2k31.6k63.9k128.8k212.6k53.1k

Current Assets

4.0m4.2m4.0m3.1m2.6m2.4m2.4m2.6m2.7m

Total Assets

6.0m5.4m5.1m4.0m3.4m3.2m3.1m3.2m3.3m

Accounts Payable

611.6k544.9k581.3k442.7k289.2k508.4k405.7k521.8k449.5k
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(1.8m)(1.4m)(880.2k)(729.3k)335.6k(236.1k)

Depreciation and Amortization

499.1k382.1k318.7k224.9k202.9k182.1k

Inventories

196.1k(249.9k)436.9k962.3k(279.7k)(64.4k)

Accounts Payable

(157.2k)9.3k(319.5k)47.0k63.5k112.5k
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

(1.0m)(213.2k)(184.3k)(200.0k)(98.7k)(239.6k)(274.2k)

Depreciation and Amortization

293.7k

Inventories

19.9k

Accounts Payable

470.6k544.9k(84.8k)497.6k463.7k442.7k444.3k289.2k508.4k
USDY, 2019

Revenue/Employee

244.5k

Financial Leverage

1.5 x
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Encision Online and Social Media Presence

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Encision News and Updates

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. ...

Encision Reports Third Quarter Fiscal Year 2019 Results

BOULDER, Colo., Feb. 7, 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 Completes Private Placement of Common Stock

BOULDER, Colo., Dec. 20, 2018 /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 that it had completed a private...

Encision Reports Second Quarter Fiscal Year 2019 Results

BOULDER, Colo., Nov. 6, 2018 /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...
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Encision Frequently Asked Questions

  • When was Encision founded?

    Encision was founded in 1991.

  • How many employees does Encision have?

    Encision has 36 employees.

  • What is Encision revenue?

    Latest Encision annual revenue is $8.8 m.

  • What is Encision revenue per employee?

    Latest Encision revenue per employee is $244.5 k.

  • Who are Encision competitors?

    Competitors of Encision include Microbot Medical, Ethicon and Biom'Up.

  • 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.