Vascular Solutions

Our Company
Vascular Solutions is a medical device company committed to providing superior clinical solutions for diagnostic and interventional vascular procedures. Founded in 1997, Vascular Solutions is a publicly held company that trades on the NASDAQ National Market under the symbol VASC.
Our rapidly growing product line consists of innovative devices across established and emerging areas of coronary and peripheral vascular medicine.
Vascular Solutions is dedicated to providing:
Our customers with outstanding quality, superior value and continual innovation
Our employees with challenging experiences and opportunities for professional growth
Our shareholders with optimal returns
Our Products & Services
Vascular Solutions offers a full line of products that give vascular specialists the tools they need to handle routine and complex cases, resulting in improved outcomes for patients.
Our innovative solutions include products such as the GuideLiner® catheter for guide extension, Langston® dual lumen catheter for simultaneous pressure measurements, Pronto® V4 extraction catheter for removal of soft thrombus and D-Stat® Dry topical hemostat for simple “open and apply” solutions to bleeding following catheterization procedures. We also offer reprocessing services to help physicians reduce costs and medical waste.
Careers
VSI employees consistently gain more hands-on experience than their peers in the industry. Our “individual empowerment, individual responsibility” and achievement-based culture means employees own their work and that they can push their limits for professional growth and advancement. Most importantly, our employees know that their hard work and dedication supports a meaningful mission: improving clinical outcomes for patients.

Company Growth (employees)
Type
Public
HQ
Maple Grove, US
Founded
1997
Size (employees)
568 (est)
Website
vasc.com
Vascular Solutions was founded in 1997 and is headquartered in Maple Grove, US

Vascular Solutions Office Locations

Vascular Solutions has offices in Maple Grove, Louisville, Miami, Memphis and in 10 other locations
Maple Grove, US (HQ)
6464 Sycamore Ct N

Vascular Solutions Metrics

Vascular Solutions Financial Metrics

Revenue (2015)

$147.2 m

Revenue growth (2014-15), %

17%

Gross profit

$98.3 m

Gross profit margin (2015), %

67%

Net income (2015)

$10.5 m

Market capitalization (17-Feb-2017)

$981.9 m

Closing share price (17-Feb-2017)

$56

Cash (31-Dec-2015)

$41.5 m
Vascular Solutions's current market capitalization is $981.9 m.
Vascular Solutions's revenue was reported to be $147.2 m in FY, 2015 which is a 16.7% increase from the previous period.
FY, 2013FY, 2014FY, 2015

Revenue

$110.5 m$126.1 m$147.2 m

Revenue growth, %

14%17%

Cost of goods sold

$36.2 m$41.7 m$48.9 m

Gross profit

$74.3 m$84.4 m$98.3 m

Gross profit Margin, %

67%67%67%

Operating expense total

$58.2 m$64.5 m$84.7 m

EBIT

$16.1 m$19.9 m$13.6 m

EBIT margin, %

15%16%9%

Interest expense

$13 k

Pre tax profit

$16.1 m$19.9 m$13.6 m

Income tax expense

($4.9 m)($7.2 m)($3.2 m)

Net Income

$11.1 m$12.7 m$10.5 m
FY, 2013FY, 2014FY, 2015

Cash

$30.8 m$36.5 m$41.5 m

Accounts Receivable

Inventories

$14 m$15.9 m$22.1 m

Current Assets

$67.7 m$78.4 m$87.1 m

PP&E

$16.2 m$25.7 m$34.5 m

Goodwill

$10.5 m$10.3 m$10 m

Total Assets

$108.1 m$127.4 m$144.9 m

Accounts Payable

$3.8 m$4.8 m$5.8 m

Current Liabilities

$11.4 m$13 m$16.7 m

Non-Current Liabilities

$1 m$72 k

Total Liabilities

$14 m$16.7 m

Additional Paid-in Capital

$92.3 m$97.3 m$102.1 m

Total Equity

$96.4 m$113.3 m$128.1 m

Financial Leverage

1.1 x1.1 x1.1 x
FY, 2013FY, 2014FY, 2015

Net Income

$11.1 m$12.7 m$10.5 m

Depreciation and Amortization

$2.9 m$3.3 m$4.4 m

Accounts Receivable

($713 k)($2.7 m)($2.1 m)

Inventories

($435 k)($1.9 m)($6.3 m)

Accounts Payable

($86 k)$1.1 m$1.1 m

Cash From Operating Activities

$19.4 m$17.5 m$17.8 m

Purchases of PP&E

($10.6 m)

Cash From Investing Activities

($5 m)($12.8 m)($13.4 m)

Cash From Financing Activities

$4.8 m$1.1 m$675 k

Interest Paid

$13 k$3 k

Vascular Solutions Market Value History

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