Invuity is a medical technology company focused on pioneering the use of advanced photonics to provide surgeons with improved direct visualization of surgical cavities during open minimally invasive and minimal access procedures. The Company's patented Intelligent Photonics technology enables superior illumination and visualization and is designed to overcome the significant limitations of traditional surgical lighting options in the operating room.

Invuity's patented Intelligent Photonics is integrated into the Company's single-use and reusable advanced surgical devices to address some of the critical intracavity illumination and visualization challenges facing surgeons today. These devices utilize Invuity's proprietary optical waveguide technology to direct and shape thermally cool, brilliant light into broad, uniform and volumetric illumination of the surgical target.

Type
Public
HQ
San Francisco, US
Founded
2004
Size (employees)
174 (est)+54%
Invuity was founded in 2004 and is headquartered in San Francisco, US
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Key People/Management at Invuity

Scott Flora

Scott Flora

Interim President and Chief Executive Officer
James H. Mackaness

James H. Mackaness

CFO
Doug Heigel

Doug Heigel

Senior Vice President of Operations
Steve Annen

Steve Annen

Vice President of Product Management and Strategy
Sham Shiblaq

Sham Shiblaq

Vice President of Commercial Operations
Lauren Budesheim

Lauren Budesheim

Senior Director, Human Resources
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Invuity Office Locations

Invuity has offices in Baltimore, Phoenix, San Antonio, St. Louis and in 9 other locations
San Francisco, US (HQ)
444 De Haro St
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Invuity Financials and Metrics

Invuity Revenue

Invuity's revenue was reported to be $39.62 m in FY, 2017
USD

Revenue (Q1, 2018)

9.5 m

Gross profit (Q1, 2018)

6.6 m

Gross profit margin (Q1, 2018), %

69.2%

EBIT (Q1, 2018)

(10.4 m)

Market capitalization (18-Jul-2018)

90.2 m

Closing share price (18-Jul-2018)

3.8

Cash (31-Mar-2018)

29.5 m

EV

89.8 m
Invuity's current market capitalization is $90.2 m.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

21 m32.5 m39.6 m

Revenue growth, %

54%

Cost of goods sold

7.7 m8.8 m11.7 m

Gross profit

13.3 m23.6 m27.9 m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

4.7 m5.6 m6.4 m8.2 m8.5 m9 m9.8 m9.6 m9.5 m

Cost of goods sold

1.9 m2 m2.1 m2.1 m2.2 m2.1 m3 m2.9 m2.9 m

Gross profit

2.8 m3.6 m4.3 m6.1 m6.3 m6.9 m6.8 m6.7 m6.6 m

Gross profit Margin, %

59%64%67%75%74%77%69%70%69%
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

46.3 m28.3 m18 m

Accounts Receivable

3.6 m5.8 m7.4 m

Inventories

923 k1.1 m7.4 m

Current Assets

56 m51.1 m37.3 m
Quarterly
USDQ3, 2017Q1, 2018

Cash

29.5 m

Accounts Receivable

6.2 m6.3 m

Inventories

1.6 m8.7 m

Current Assets

48.9 m
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

(37.6 m)(40.6 m)(39.9 m)

Depreciation and Amortization

1.7 m2 m2 m

Inventories

1.6 m130 k(2.4 m)

Accounts Payable

1.3 m(284 k)1.4 m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

(11.2 m)

Depreciation and Amortization

365 k

Inventories

4.8 m4.9 m5.6 m5.5 m5.1 m5.9 m5.6 m1.6 m(1.3 m)

Accounts Payable

2 m1.1 m1.8 m2.4 m2.8 m3.3 m2.9 m3.5 m(388 k)
USDY, 2018

EV/EBIT

-8.6 x

EV/CFO

-10.6 x

Financial Leverage

5.4 x
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Invuity Operating Metrics

Invuity's Patent Applications was reported to be 46 in FY, 2016.
FY, 2016

Facilities

1

Patent Applications

46

Products

40

Trademarks

38
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Invuity Online and Social Media Presence

Embed Graph
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Invuity News and Updates

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Invuity Company Life and Culture

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