Misonix, Inc. specializes in the development and commercialization of ultrasonic surgical devices for neurosurgical, spinal, advanced wound care, and general surgery procedures. Its innovative, ultrasonic platforms for surgical applications include aspirators for the removal of both soft and hard tissue, instruments for laparoscopic cutting and coagulation, devices for wound cleansing and debridement, products for precision bone cutting and sculpting, and liposuction instrumentation for improving body aesthetics. The Company's portfolio of products are all based upon the unique properties of ultrasound and its ability to differentiate hard and soft tissue for different clinical requirements. 

Company Growth (employees)
Type
Public
HQ
Farmingdale, US
Founded
1959
Size (employees)
85 (est)
Misonix was founded in 1959 and is headquartered in Farmingdale, US

Misonix Office Locations

Misonix has an office in Farmingdale
Farmingdale, US (HQ)
1938 New Hwy

Misonix Data and Metrics

Misonix Financial Metrics

Misonix's revenue was reported to be $7.2 m in Q3, 2017
USD

Revenue (Q3, 2017)

7.2 m

EBIT (Q3, 2017)

(1.5 m)

Market capitalization (17-Aug-2017)

82.7 m

Cash (31-Mar-2017)

11.9 m
Misonix's current market capitalization is $82.7 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

17.1 m22.2 m23.1 m

Revenue growth, %

30%4%

Cost of goods sold

5.9 m7.3 m

Gross profit

11.1 m14.9 m

Gross profit Margin, %

65%67%

Sales and marketing expense

12.3 m

R&D expense

1.7 m

General and administrative expense

7.4 m

Operating expense total

13.7 m16.6 m21.3 m

EBIT

(2.5 m)(1.7 m)(5.8 m)

EBIT margin, %

(15%)(8%)(25%)

Interest income

697581

Income tax expense

30.6 k

Net Income

1.4 m5.6 m(1.2 m)
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Revenue

4.5 m5.6 m5.3 m5.3 m6 m5.4 m6.2 m6 m7.2 m

Cost of goods sold

1.6 m1.8 m1.7 m1.8 m1.9 m1.9 m

Gross profit

3 m3.8 m3.6 m3.5 m4.1 m3.6 m

Gross profit Margin, %

65%68%69%66%68%66%

Sales and marketing expense

2 m2.1 m2.5 m2.6 m2.9 m3.2 m3.3 m3.3 m3.6 m

R&D expense

437.6 k324.3 k407.8 k393.4 k347.9 k493.8 k492.1 k440.4 k465.9 k

General and administrative expense

1.2 m1.5 m1.6 m1.8 m1.8 m1.7 m1.9 m2.1 m2.5 m

Operating expense total

3.7 m3.9 m4.5 m4.9 m5.1 m5.4 m5.7 m5.8 m6.5 m

EBIT

(749.7 k)(110.4 k)(812.5 k)(1.4 m)(977.4 k)(1.8 m)(1.5 m)(1.6 m)(1.5 m)

EBIT margin, %

(17%)(2%)(15%)(26%)(16%)(33%)(24%)(26%)(21%)

Interest income

251912192519191918

Income tax expense

14.4 k33.5 k8.4 k(219 k)

Net Income

383.2 k901.2 k454.3 k(521.9 k)(614.8 k)
USDFY, 2014FY, 2015FY, 2016

Cash

7 m9.6 m9 m

Inventories

367.8 k441.6 k5.8 m

Current Assets

15.4 m21 m19.3 m

Goodwill

1.7 m1.7 m1.7 m

Total Assets

19.5 m26.5 m27.7 m

Accounts Payable

1.7 m1.1 m1.4 m

Current Liabilities

3.1 m2.7 m3.3 m

Total Liabilities

3.3 m

Additional Paid-in Capital

28.2 m30.5 m32.5 m

Retained Earnings

(11.5 m)(5.9 m)(7.1 m)

Total Equity

16.4 m23.8 m24.4 m

Financial Leverage

1.2 x1.1 x1.1 x
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Cash

7.6 m8.3 m8.9 m9.7 m9.6 m8.4 m8.6 m12.8 m11.9 m

Inventories

4.5 m4.3 m4.2 m4.8 m5.4 m5.9 m5.2 m5 m4.9 m

Current Assets

15.7 m16.3 m17.1 m20.9 m19.4 m19 m18.1 m21.8 m21.8 m

Goodwill

1.7 m1.7 m1.7 m1.7 m1.7 m1.7 m1.7 m1.7 m1.7 m

Total Assets

19.8 m20.6 m21.8 m26.3 m27.5 m27.2 m27 m31.2 m31.5 m

Accounts Payable

1.4 m1 m1 m1.1 m1.5 m1.5 m1.2 m1.4 m1.4 m

Current Liabilities

2.7 m2.3 m2.4 m2.4 m2.8 m2.8 m3.4 m3.7 m3.4 m

Additional Paid-in Capital

28.7 m29.3 m30 m31 m31.6 m32 m32.3 m36.7 m37.4 m

Retained Earnings

(11.1 m)(10.2 m)(9.7 m)(6.1 m)(6 m)(6.6 m)(7.6 m)(8.2 m)(8.4 m)

Total Equity

17 m18.2 m19.4 m24 m24.6 m24.4 m23.7 m27.5 m28 m

Financial Leverage

1.2 x1.1 x1.1 x1.1 x1.1 x1.1 x1.1 x1.1 x1.1 x
USDFY, 2014FY, 2015FY, 2016

Net Income

1.4 m5.6 m

Accounts Receivable

(706.7 k)(712.1 k)641.8 k

Inventories

(1 m)(1.3 m)(2.8 m)

Cash From Operating Activities

1.2 m2.6 m

Purchases of PP&E

(72.4 k)(345.3 k)(471.8 k)

Cash From Investing Activities

(201.5 k)(778.2 k)(604.6 k)

Cash From Financing Activities

485 k723.6 k189.4 k

Income Taxes Paid

27 k86.1 k140.9 k
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Net Income

383.2 k901.2 k454.3 k(521.9 k)(614.8 k)

Accounts Receivable

443.4 k174.1 k251.3 k788.8 k402.2 k379.7 k28.4 k99.3 k(487.7 k)

Inventories

(517.3 k)(476.1 k)(797 k)(834.6 k)(1.8 m)(2.6 m)164.1 k(116.9 k)(450 k)

Accounts Payable

64.5 k377.4 k137.9 k

Cash From Operating Activities

5 k10 k14.9 k(1.2 m)

Purchases of PP&E

(35.3 k)(185.4 k)(222.1 k)(85.2 k)(328.3 k)(410.6 k)(109 k)(167.5 k)

Cash From Investing Activities

(64.1 k)(265.7 k)(640.1 k)(106.5 k)(374.5 k)(482.1 k)(193.1 k)(322.7 k)(425.4 k)

Cash From Financing Activities

69.8 k128 k555.9 k136.1 k147.8 k151.2 k4.1 m4.3 m

Income Taxes Paid

35.8 k40.2 k73.6 k76.7 k131.3 k141.1 k2.1 k2.1 k9.9 k
USDY, 2017

Revenue/Employee

84.4 k

Financial Leverage

1.1 x

Misonix Market Value History

Traffic Overview of Misonix

Misonix Company Life and Culture

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