Tactile Medical is a leader in treatment options for lymphedema and venous ulcer therapies. Tactile Medical develops advanced home therapy devices to improve health and quality of life for patients with chronic swelling conditions. The Company's offering includes advanced, clinically proven pneumatic compression devices, as well as continuity of care services provided by a national network of product specialists and trainers, reimbursement experts, patient advocates, and clinicians.
Type | Public | |
Founded | 2006 | |
HQ | Minneapolis, MN, US | Map |
Website | tactilemedical.com | |
Employee Ratings | More |
USD | |
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Revenue (Q3, 2020) | 49.1m |
Gross profit (Q3, 2020) | 35.0m |
Gross profit margin (Q3, 2020), % | 71.2% |
Net income (Q3, 2020) | 2.4m |
EBIT (Q3, 2020) | 1.8m |
Market capitalization (20-Jan-2021) | 1.0b |
Closing stock price (20-Jan-2021) | 52.0 |
Cash (30-Sept-2020) | 42.2m |
EV | 990.6m |
USD | Q2, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
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Revenue | 19.7m | 19.9m | 26.3m | 28.3m | 26.8m | 34.1m | 36.3m | 37.6m | 45.2m | 49.6m | 43.7m | 35.1m | 49.1m |
Cost of goods sold | 5.3m | 5.6m | 7.0m | 7.5m | 7.3m | 9.6m | 10.1m | 11.4m | 13.7m | 14.2m | 12.6m | 10.2m | 14.1m |
Gross profit | 14.4m | 14.2m | 19.2m | 20.8m | 19.5m | 24.5m | 26.2m | 26.3m | 31.5m | 35.4m | 31.1m | 24.9m | 35.0m |
Gross profit Margin, % | 73% | 72% | 73% | 73% | 73% | 72% | 72% | 70% | 70% | 71% | 71% | 71% | 71% |
USD | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 6.7m | 39.3m | 20.7m | 18.1m | 19.7m | 25.3m | 17.3m | 23.1m | 23.5m | 25.0m | 19.8m | 32.3m | 31.3m | 42.2m |
Accounts Receivable | 12.6m | 13.0m | 11.4m | 12.9m | 14.6m | 14.2m | 17.5m | 20.2m | 21.7m | 24.8m | 27.7m | 30.8m | 30.6m | 36.0m |
Prepaid Expenses | 434.0k | 808.0k | 870.0k | 708.0k | 932.0k | 1.1m | 947.0k | 2.4m | 1.7m | 1.6m | 2.0m | 2.0m | 2.2m | 4.0m |
Inventories | 5.9m | 6.2m | 6.9m | 9.6m | 9.8m | 14.7m | 16.4m | 14.9m | 11.3m | 13.2m | 16.9m | 22.4m | 24.8m | 22.4m |
USD | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 8.0k | 500.0k | (1.5m) | 2.3m | 3.6m | (50.0k) | 2.5m | 4.3m | 1.5m | 4.3m | 6.7m | (1.3m) | (15.2m) | (12.7m) |
Depreciation and Amortization | 437.0k | 675.0k | 398.0k | 664.0k | 1.1m | 563.0k | 1.7m | 2.5m | 996.0k | 1.8m | 2.6m | 730.0k | 1.5m | 2.1m |
Inventories | (164.0k) | (467.0k) | (379.0k) | (3.1m) | (3.8m) | (3.6m) | (5.4m) | (3.9m) | (132.0k) | (2.0m) | (5.7m) | (3.3m) | (5.9m) | (3.5m) |
Accounts Payable | 1.0m | 1.7m | (394.0k) | 1.3m | 370.0k | 885.0k | 309.0k | (508.0k) | 722.0k | 1.6m | 979.0k | 4.7m | 1.6m | 938.0k |
USD | Q2, 2016 |
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Revenue/Employee | 84.2k |
Financial Leverage | -5.7 x |
Tactile Medical has 2.23k Twitter Followers. The number of followers has decreased 0.6% month over month and decreased 0.9% quarter over quarter
1.6k
Tweets
1.7k
Following
2.2k
Followers
2
Tweets last 30 days
0
Avg. likes per Tweet
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Tweets with engagement
When was Tactile Medical founded?
Tactile Medical was founded in 2006.
Who are Tactile Medical key executives?
Tactile Medical's key executives are Daniel L. Reuvers, Bryan F. Rishe and Mary M. Thompson.
How many employees does Tactile Medical have?
Tactile Medical has 629 employees.
What is Tactile Medical revenue?
Latest Tactile Medical annual revenue is $189.5 m.
What is Tactile Medical revenue per employee?
Latest Tactile Medical revenue per employee is $301.3 k.
Who are Tactile Medical competitors?
Competitors of Tactile Medical include EBT Medical, GAIA and SinuSys.
Where is Tactile Medical headquarters?
Tactile Medical headquarters is located at 1331 Tyler St NE #200, Minneapolis.
Where are Tactile Medical offices?
Tactile Medical has an office in Minneapolis.
How many offices does Tactile Medical have?
Tactile Medical has 2 offices.
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