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.

TypePublic
HQSan Francisco, US
Founded2004
Size (employees)174 (est)+54%
Websiteinvuity.com
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 (Q2, 2018)

20 m

Gross profit (Q2, 2018)

13 m

Gross profit margin (Q2, 2018), %

65%

EBIT (Q2, 2018)

(18.6 m)

Market capitalization (20-Sep-2018)

176.9 m

Closing stock price (20-Sep-2018)

7.4

Cash (30-Jun-2018)

15.3 m

EV

186.2 m
Invuity's current market capitalization is $176.9 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, 2018Q2, 2018

Revenue

4.7 m5.6 m6.4 m8.2 m8.5 m9 m9.8 m9.6 m9.5 m20 m

Cost of goods sold

1.9 m2 m2.1 m2.1 m2.2 m2.1 m3 m2.9 m2.9 m7 m

Gross profit

2.8 m3.6 m4.3 m6.1 m6.3 m6.9 m6.8 m6.7 m6.6 m13 m

Gross profit Margin, %

59%64%67%75%74%77%69%70%69%65%
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, 2018Q2, 2018

Cash

29.5 m15.3 m

Accounts Receivable

6.2 m6.3 m6.7 m

Inventories

1.6 m8.7 m8.5 m

Current Assets

48.9 m40.9 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

-10 x

EV/CFO

-21.9 x

Financial Leverage

20.9 x
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Invuity Operating Metrics

FY, 2016

Facilities

1

Patent Applications

46

Products

40

Trademarks

38
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Invuity Online and Social Media Presence

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Invuity News and Updates

WeissLaw LLP Investigates Invuity, Inc. Acquisition

NEW YORK, Sept. 20, 2018 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Invuity, Inc. ("IVTY" or the "Company") (NASDAQ: IVTY) in connection with the proposed acquisition of the Company by Stryker...

RM LAW Announces Investigation of Invuity, Inc.

BERWYN, Pa., Sept. 13, 2018 /PRNewswire/ -- RM LAW, P.C. is investigating potential claims against the board of directors of Invuity, Inc. ("Invuity" or the "Company") (NASDAQ: IVTY) concerning possible breaches of fiduciary duty and other violations of law related to the Company's...

SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of Invuity, Inc. - IVTY

NEW YORK, Sept. 12, 2018 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Invuity, Inc. ("Invuity" or the "Company") (NasdaqGM: IVTY)...

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Invuity, Inc.

NEW YORK, Sept. 11, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Invuity, Inc. (NASDAQ: IVTY) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Stryker Corporation. Stockholders will receive...

Invuity (IVTY) Alert: Johnson Fistel Investigates Proposed Sale of Invuity, Inc.; Is $ $7.40 a Fair Price?

SAN DIEGO, Sept. 11, 2018 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Invuity, Inc. (NASDAQ: IVTY) ("Invuity") breached their fiduciary duties in connection with the proposed sale of the Company to Stryker ...

Invuity Announces Definitive Agreement to Be Acquired by Stryker Corporation for $7.40 Per Share in Cash

SAN FRANCISCO, Sept. 11, 2018 (GLOBE NEWSWIRE) -- Invuity, Inc. (NASDAQ: IVTY), a leading medical technology company focused on advanced surgical devices to enable better visualization, today announced it has entered into a definitive agreement with Stryker Corporation (NYSE:SYK), pursuant to whic…
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Invuity Company Life and Culture

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