Company Growth (employees)
Michelson Diagnostics was founded in 2006 and is headquartered in Maidstone, GB
Key People at Michelson Diagnostics
Jon Holmes
CEO
Martin Johns
Operations Director
Michelson Diagnostics Office Locations
Michelson Diagnostics has an office in Maidstone
Maidstone, GB (HQ)
Eclipse House Sittingbourne Rd
Michelson Diagnostics Data and Metrics
Summary Metrics
Founding Date | 2006 |
Total Funding | $10.8 m |
Latest funding size | $2.9 m |
Time since last funding | over 2 years |
Investors | Octopus Investments, Octopus Ventures, London Business Angels, Smith & Nephew, Catapult Ventures |
Michelson Diagnostics's latest funding round in February 2015 was reported to be $2.9 m. In total, Michelson Diagnostics has raised $10.8 m
Michelson Diagnostics Financial Metrics
Michelson Diagnostics's revenue was reported to be £630.2 k in FY, 2015 which is a 50% decrease from the previous period.
GBP
Revenue (FY, 2015) | 630.2 k |
Revenue growth (FY, 2014 - FY, 2015), % | (50%) |
Gross profit (FY, 2015) | 282.7 k |
Gross profit margin (FY, 2015), % | 45% |
Net income (FY, 2015) | (2.5 m) |
Cash (30-Sep-2016) | 182 k |
| GBP | FY, 2014 | FY, 2015 |
|---|---|---|
Revenue | 1.3 m | 630.2 k |
Revenue growth, % | (50%) | |
Cost of goods sold | 212.9 k | 347.6 k |
Gross profit | 1 m | 282.7 k |
Gross profit Margin, % | 83% | 45% |
Operating expense total | 3 m | 3 m |
Pre tax profit | (2 m) | (2.7 m) |
Net Income | (1.8 m) | (2.5 m) |
| GBP | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash | 393.7 k | 1.4 m | 182 k |
Accounts Receivable | 202.2 k | 33.5 k | 495 k |
Current Assets | 1.8 m | 2.8 m | 1.2 m |
PP&E | 379.3 k | 580.1 k | 260.6 k |
Total Assets | 2.2 m | 3.4 m | 1.5 m |
Accounts Payable | 329.1 k | 667.8 k | 645.2 k |
Current Liabilities | 1.1 m | 1.5 m | 645.2 k |
Retained Earnings | (1.8 m) | (2.5 m) | |
Total Equity | 547.4 k | 1.5 m | 623.4 k |
Financial Leverage | 3.9 x | 2.2 x | 2.4 x |
| GBP | FY, 2014 | FY, 2015 |
|---|---|---|
Cash From Operating Activities | (1.9 m) | (2 m) |
Cash From Financing Activities | 2.2 m | 3.6 m |
Income Taxes Paid | 147.5 k | 173.1 k |
| Y, 2016 | |
|---|---|
Financial Leverage | 2.4 x |
