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K2M Group

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Healthcaremedical devicesmedtech

K2M Group is a medical device company focused on designing, developing and commercializing innovative complex spine and minimally invasive spine technologies and techniques used by spine surgeons to treat some of the most difficult and challenging spinal pathologies. The Company's products consist of implants, disposables and instruments, which are marketed and sold primarily to hospitals for use by spine surgeons.

Revenue(FY, 2017)
$258 M

Employee Rating

4.1More
TypeSubsidiary
Parent CompanyStryker
HQLeesburg, VA, US
Founded2004
Websitek2m.com
Cybersecurity ratingBMore
K2M Group was founded in 2004 and is headquartered in Leesburg, VA, US

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K2M Group Office Locations

K2M Group has offices in Leesburg, Rosenheim and Uxbridge
Leesburg, VA, US (HQ)
Hope Pkwy SE
Rosenheim, DE
Mangfallstraße 37
Uxbridge , GB
1 Roundwood Ave
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K2M Group Financials and Metrics

Summary Metrics

Founding Date

2004

Total Funding

$40 m
In total, K2M Group had raised $40 m. K2M Group is a subsidiary of Stryker

K2M Group Revenue

K2M Group's revenue was reported to be $258.03 m in FY, 2017
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

135.1m157.6m186.7m216.0m236.6m258.0m

Revenue growth, %

17%18%16%10%

Cost of goods sold

44.0m50.2m62.8m71.8m82.2m88.6m

Gross profit

91.2m107.4m123.9m144.2m154.5m169.4m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

42.3m47.5m47.6m50.4m56.4m55.0m56.3m59.2m59.3m61.9m65.7m62.7m67.9m73.6m71.4m

Cost of goods sold

14.4m16.0m16.1m17.5m18.6m17.4m19.6m19.6m19.5m21.5m22.5m20.4m24.4m25.6m25.8m

Gross profit

27.8m31.5m31.5m32.9m37.7m37.6m36.7m39.6m39.8m40.4m43.2m42.2m43.5m48.0m45.6m

Gross profit Margin, %

66%66%66%65%67%68%65%67%67%65%66%67%64%65%64%
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Annual
USDY, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

12.2m7.0m7.4m11.4m34.6m45.5m24.0m

Accounts Receivable

33.9m38.8m46.4m50.5m

Prepaid Expenses

7.8m

Inventories

3.9m19.8m6.1m71.4m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

11.1m36.2m23.2m39.0m28.8m43.7m21.2m19.8m46.1m38.6m36.5m33.9m17.2m66.2m55.6m

Accounts Receivable

33.2m34.5m32.9m35.1m41.3m41.8m41.7m45.9m43.2m46.2m50.1m45.0m51.3m54.5m54.1m

Prepaid Expenses

8.3m6.4m6.0m4.9m11.5m10.2m10.7m10.3m6.4m7.6m7.0m7.5m6.8m6.2m6.6m

Inventories

43.9m50.8m53.6m53.2m55.7m61.1m64.6m69.1m66.7m63.7m66.8m72.4m77.4m80.1m85.3m
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Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(59.6m)(39.2m)(41.7m)(37.1m)

Depreciation and Amortization

33.3m24.9m29.2m

Inventories

(13.7m)(8.8m)(3.4m)(7.0m)

Accounts Payable

(620.0k)5.8m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(14.7m)(32.4m)(48.6m)(14.3m)(20.5m)(30.7m)(10.2m)(21.3m)(29.2m)(10.9m)(19.9m)(28.4m)(11.4m)(22.2m)(38.0m)

Inventories

(6.1m)(13.8m)(17.2m)(1.5m)(933.0k)(6.8m)(2.1m)(7.3m)(6.5m)(1.3m)(3.5m)(9.5m)(6.9m)(8.4m)(17.0m)

Accounts Payable

5.4m4.0m4.2m3.7m3.1m8.8m(3.4m)6.3m3.4m969.0k2.9m4.1m227.0k6.0m12.2m

Cash From Operating Activities

(9.2m)(19.2m)(28.5m)(7.0m)(12.3m)(13.2m)(11.4m)(16.1m)(15.0m)(4.8m)(8.2m)(8.7m)(8.5m)(17.8m)(24.7m)
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Show all financial metrics

K2M Group Operating Metrics

FY, 2015FY, 2016

Patents Issued

298 415
Show all operating metrics

K2M Group Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

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K2M Group Online and Social Media Presence

K2M Group's Trends

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K2M Group News and Updates

November 07, 2018

K2M Group Holdings, Inc. Stockholders Approve Acquisition by Stryker

LEESBURG, Va., Nov. 07, 2018 (GLOBE NEWSWIRE) -- At a special meeting today, stockholders of K2M Group Holdings, Inc. (“K2M” or the “Company”) (NASDAQ: KTWO) approved the adoption of the Agreement and Plan of Merger (the “Merger Agreement”), dated as of August 29, 2018, as it may be amended from t…
October 05, 2018

Flexible Spinal Implants Global Market 2018: Key Players – Paradigm Spine, Medtronic, Abbott Spine, Raymedica, K2M Group Holdings

Wiseguyreports.Com adds “Flexible Spinal Implants Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday
October 05, 2018

K2M Group Holdings, Inc. Announces Record Date and Meeting Date for Special Meeting of Stockholders

LEESBURG, Va., Oct. 05, 2018 (GLOBE NEWSWIRE) -- K2M Group Holdings, Inc. (Nasdaq: KTWO) (the “Company” or “K2M”), announced today that it has set a record date and meeting date for a special meeting of its stockholders to, among other things, consider and vote on a proposal to adopt the previousl…
September 27, 2018

SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of K2M Group Holdings, Inc. - KTWO

NEW YORK, Sept. 26, 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 K2M Group Holdings, Inc. ("K2M" or the "Company") (NasdaqGS: KTWO) ...
September 12, 2018

Lifshitz & Miller LLP Announces Investigation of Altice USA, Inc., Dun & Bradstreet, Eyenovia, Inc., K2M Group Holding, Inc., KMG Chemicals, Inc., LifePoint Health, Inc., Reis, Inc., and Zoe's Kitchen, Inc.

NEW YORK, Sept. 12, 2018 /PRNewswire/ -- Altice USA, Inc. (ATUS) Lifshitz & Miller announces investigation into possible securities laws violations in connection with Altice's June 2017 IPO. If you are an Altice investor, and would like additional information about our investigation,...
September 12, 2018

RM LAW Announces Investigation of K2M Group Holdings, Inc.

BERWYN, Pa., Sept. 12, 2018 /PRNewswire/ -- RM LAW, P.C. is investigating potential claims against the board of directors of K2M Group Holdings, Inc. ("K2M" or the "Company") (NASDAQ: KTWO) concerning possible breaches of fiduciary duty and other violations of law related to the Company's ...
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K2M Group Blogs

December 05, 2018

Roy Ward

Roy Ward Paul.alfano@na… Wed, 12/05/2018 - 11:45 Roy Ward Vice President, Strategic Growth Roy Ward has more than 20 years of experience in the medical technology industry. He has been with K2M since 2007 where he served as Vice President …
December 05, 2018

Mike Rubino

Mike Rubino Paul.alfano@na… Wed, 12/05/2018 - 11:42 Mike Rubino Vice President, Finance Mike Rubino serves as Vice President, Finance and has held various positions at Stryker over the last 11 years. Prior to Stryker, Mike was Vice Presid…
December 05, 2018

John Mayor

John Mayor Paul.alfano@na… Wed, 12/05/2018 - 11:40 John Mayor Vice President, North American Sales John Mayor has been with Stryker for more than 15 years, most recently as Vice President of Sales for North America. John began his career …
December 05, 2018

Oonagh Lahiff

Oonagh Lahiff Paul.alfano@na… Wed, 12/05/2018 - 11:38 Oonagh Lahiff Senior Director, RAQA Oonagh Lahiff has been with Stryker in a variety of roles for nine years. In 2013, she joined its Spine Division, and over the last year, has led the…
December 05, 2018

Guillaume Joseph

Guillaume Joseph Paul.alfano@na… Wed, 12/05/2018 - 11:34 Guillaume Joseph Vice President, General Manager Spine Europe Guillaume Joseph is Vice President and General Manager of Spine Europe. He has held various sales and marketing roles…
December 05, 2018

Lorien Gallo

Lorien Gallo Paul.alfano@na… Wed, 12/05/2018 - 11:30 Lorien Gallo Vice President, Human Resources Lorien Gallo has served as Vice President of Human Resources of Stryker’s Spine Division since 2017. She has extensive experience in organiz…
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 K2M Group Frequently Asked Questions

  • When was K2M Group founded?

    K2M Group was founded in 2004.

  • How many employees does K2M Group have?

    K2M Group has 296 employees.

  • What is K2M Group revenue?

    Latest K2M Group annual revenue is $258 m.

  • What is K2M Group revenue per employee?

    Latest K2M Group revenue per employee is $871.7 k.

  • Who are K2M Group competitors?

    Competitors of K2M Group include Nanosonics, Benvenue Medical and ResMed.

  • Where is K2M Group headquarters?

    K2M Group headquarters is located at Hope Pkwy SE, Leesburg.

  • Where are K2M Group offices?

    K2M Group has offices in Leesburg, Rosenheim and Uxbridge.

  • How many offices does K2M Group have?

    K2M Group has 3 offices.