Medisafe

It was Medisafe who, in 1992 introduced the world’s first ‘Sonic Irrigator (world official launch AORN Anaheim). The trade mark belongs to Medisafe and has become synonymous with cleaning the inside of complex / lumen surgical devices… Medisafe has been innovating since 1985 and now installs machines worldwide. Our principal activities include ‘sonic irrigation’ equipment and accessories for Sterile Processing / CSSD – although we also supply Mortuaries, Operating Rooms, Endoscopy Departments, Veterinary Surgeries, Dentists, Pharmaceutical Industries and Research Laboratories. With the introduction of complex surgery – decontamination / infection prevention remains firmly in focus. Ebola is the latest headline news making it very obvious to see how disease / cross infection issues can scale rapidly and become a global issue. Prion disease ( vCJD etc ) is constantly on the radar and process and procedures have changed in most countries as a consequence. Governmental directives state “Effective cleaning of surgical instruments prior to sterilization is one of utmost importance in reducing the risk of vCJD via surgical procedures”. Accordingly, we have continued developing new products and refine existing products, using some of the most advanced validation techniques in the world. To prove beyond doubt, that Medisafe equipment will clean and decontaminate complex instruments more effectively than any other method inside the instrument and out!
Company Growth (employees)
Type
Private
HQ
Hertfordshire, GB
Founded
1991
Size (employees)
62 (est)
Medisafe was founded in 1991 and is headquartered in Hertfordshire, GB

Medisafe Office Locations

Medisafe has offices in Hertfordshire, Tampa and Wentorf bei Hamburg
Hertfordshire, GB (HQ)
Twyford Rd
Wentorf Bei Hamburg, DE
6 Stöckenhoop
Tampa, US
9423 Corporate Lake Dr

Medisafe Data and Metrics

Summary Metrics

Founding Date

1991

Total Funding

$14.5 m

Latest funding size

$14.5 m

Time since last funding

3 months

Investors

Medisafe's latest funding round in March 2017 was reported to be $14.5 m. In total, Medisafe has raised $14.5 m

Medisafe Financial Metrics

Medisafe's revenue was reported to be £18.3 m in FY, 2015 which is a 47% increase from the previous period.
Numbers are in £, GBP

Revenue (FY, 2015)

18.3 m

Revenue growth (FY, 2014 - FY, 2015), %

47%

Gross profit (FY, 2015)

10.4 m

Gross profit margin (FY, 2015), %

57%

Net income (FY, 2015)

1.2 m

Cash (31-Dec-2015)

1.8 m
Numbers are in £, GBPFY, 2014FY, 2015

Revenue

12.5 m18.3 m

Revenue growth, %

47%

Cost of goods sold

5.4 m7.9 m

Gross profit

7 m10.4 m

Gross profit Margin, %

56%57%

Operating expense total

6.5 m8.7 m

Pre tax profit

523 k1.7 m

Net Income

385.6 k1.2 m
Numbers are in £, GBPFY, 2014FY, 2015

Cash

1.8 m1.8 m

Accounts Receivable

2.3 m2.3 m

Current Assets

5.8 m7 m

PP&E

590.7 k577.2 k

Goodwill

507.5 k1.8 m

Total Assets

6.9 m9.3 m

Accounts Payable

1 m1.1 m

Current Liabilities

2.7 m4.4 m

Retained Earnings

142.7 k1.2 m

Total Equity

3.7 m4.2 m

Financial Leverage

1.9 x2.2 x
Numbers are in £, GBPFY, 2014FY, 2015

Cash From Operating Activities

1.5 m2.8 m

Cash From Financing Activities

(473.5 k)(271.5 k)

Income Taxes Paid

(137.5 k)(451.2 k)
Y, 2015

Financial Leverage

2.2 x

Medisafe Online and Social Media Presence

Medisafe Company Life and Culture

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