Financial Snapshot

Revenue
$57.06M
TTM
Gross Margin
76.6%
TTM
Net Earnings
$6.469M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
552.77%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$41.49M
Q3 2024
Cash
Q3 2024
P/E
38.96
Nov 29, 2024 EST
Free Cash Flow
$11.32M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Revenue $54.72M $48.07M $41.66M $35.76M $32.47M $31.30M $28.31M $25.86M $22.99M $19.41M $15.49M $15.10M $19.52M $19.00M $14.30M $13.00M $8.750M
YoY Change 13.83% 15.38% 16.51% 10.12% 3.74% 10.57% 9.46% 12.48% 18.46% 25.3% 2.58% -22.64% 2.74% 32.87% 10.0% 48.57%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Revenue $54.72M $48.07M $41.66M $35.76M $32.47M $31.30M $28.31M $25.86M $22.99M $19.41M $15.49M $15.10M $19.52M $19.00M $14.30M $13.00M $8.750M
Cost Of Revenue $12.99M $11.55M $10.22M $8.451M $7.271M $7.452M $6.534M $5.293M $5.116M $5.808M $4.850M $4.660M $5.380M $5.230M $3.930M $3.340M $2.150M
Gross Profit $41.73M $36.52M $31.44M $27.31M $25.20M $23.85M $21.77M $20.57M $17.88M $13.60M $10.63M $10.45M $14.15M $13.78M $10.38M $9.660M $6.610M
Gross Profit Margin 76.26% 75.98% 75.47% 76.36% 77.61% 76.19% 76.92% 79.53% 77.75% 70.07% 68.62% 69.21% 72.49% 72.53% 72.59% 74.31% 75.54%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Selling, General & Admin $34.49M $31.60M $27.11M $22.44M $19.95M $20.43M $18.80M $16.40M $14.39M $11.97M $10.91M $11.67M $12.62M $10.87M $7.980M $6.850M $6.000M
YoY Change 9.16% 16.53% 20.81% 12.52% -2.37% 8.64% 14.65% 14.01% 20.14% 9.76% -6.51% -7.53% 16.1% 36.22% 16.5% 14.17%
% of Gross Profit 82.66% 86.52% 86.23% 82.19% 79.15% 85.67% 86.37% 79.74% 80.48% 88.05% 102.63% 111.67% 89.19% 78.88% 76.88% 70.91% 90.77%
Research & Development $656.0K $916.0K $1.356M $1.722M $1.050M $583.3K $251.4K $596.9K $380.4K $315.7K $470.0K $600.0K $920.0K $1.030M $600.0K $360.0K $270.0K
YoY Change -28.38% -32.45% -21.25% 64.0% 80.01% 131.99% -57.87% 56.91% 20.51% -32.84% -21.67% -34.78% -10.68% 71.67% 66.67% 33.33%
% of Gross Profit 1.57% 2.51% 4.31% 6.31% 4.17% 2.45% 1.15% 2.9% 2.13% 2.32% 4.42% 5.74% 6.5% 7.47% 5.78% 3.73% 4.08%
Depreciation & Amortization $789.0K $550.0K $503.0K $477.0K $741.0K $925.2K $790.0K $755.1K $738.7K $736.2K $700.0K $590.0K $530.0K $450.0K $350.0K $320.0K $260.0K
YoY Change 43.45% 9.34% 5.45% -35.63% -19.91% 17.11% 4.62% 2.22% 0.34% 5.17% 18.64% 11.32% 17.78% 28.57% 9.38% 23.08%
% of Gross Profit 1.89% 1.51% 1.6% 1.75% 2.94% 3.88% 3.63% 3.67% 4.13% 5.41% 6.59% 5.65% 3.75% 3.27% 3.37% 3.31% 3.93%
Operating Expenses $35.15M $32.51M $28.47M $24.17M $21.00M $21.01M $19.06M $17.00M $14.77M $12.29M $11.38M $12.27M $13.54M $11.90M $8.580M $7.200M $6.270M
YoY Change 8.1% 14.19% 17.82% 15.1% -0.09% 10.27% 12.1% 15.12% 20.15% 8.0% -7.25% -9.38% 13.78% 38.69% 19.17% 14.83%
Operating Profit $6.581M $4.008M $2.972M $3.140M $4.205M $2.835M $2.716M $3.569M $3.109M $1.310M -$750.0K -$1.820M $610.0K $1.880M $1.800M $2.460M $340.0K
YoY Change 64.2% 34.86% -5.35% -25.33% 48.34% 4.36% -23.9% 14.79% 137.32% -274.69% -58.79% -398.36% -67.55% 4.44% -26.83% 623.53%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Interest Expense $455.0K $78.00K $25.00K $39.00K $121.0K $90.71K $19.87K -$49.87K -$66.80K -$85.71K -$80.00K -$120.0K -$170.0K -$190.0K -$260.0K -$270.0K -$480.0K
YoY Change 483.33% 212.0% -35.9% -67.77% 33.39% 356.52% -139.84% -25.34% -22.06% 7.14% -33.33% -29.41% -10.53% -26.92% -3.7% -43.75%
% of Operating Profit 6.91% 1.95% 0.84% 1.24% 2.88% 3.2% 0.73% -1.4% -2.15% -6.54% -27.87% -10.11% -14.44% -10.98% -141.18%
Other Income/Expense, Net -$12.00K $0.00
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Pretax Income $7.036M $4.086M $2.997M $3.167M $5.239M $2.920M $2.732M $3.519M $3.043M $1.224M -$820.0K -$1.940M $440.0K $1.680M $1.530M $2.190M -$140.0K
YoY Change 72.2% 36.34% -5.37% -39.55% 79.4% 6.89% -22.37% 15.68% 148.47% -249.33% -57.73% -540.91% -73.81% 9.8% -30.14% -1664.29%
Income Tax $1.886M $920.0K $692.0K $805.0K $1.078M $940.0K $853.0K $1.290M $830.0K $132.0K $470.0K -$620.0K $250.0K $620.0K $600.0K $830.0K -$430.0K
% Of Pretax Income 26.81% 22.52% 23.09% 25.42% 20.58% 32.19% 31.22% 36.65% 27.28% 10.78% 56.82% 36.9% 39.22% 37.9%
Net Earnings $5.150M $3.166M $2.305M $2.362M $4.161M $1.980M $1.831M $2.229M $2.213M $1.092M -$1.290M -$1.330M $190.0K $1.060M $920.0K $1.330M $270.0K
YoY Change 62.67% 37.35% -2.41% -43.23% 110.12% 8.15% -17.87% 0.77% 102.52% -184.69% -3.01% -800.0% -82.08% 15.22% -30.83% 392.59%
Net Earnings / Revenue 9.41% 6.59% 5.53% 6.61% 12.81% 6.33% 6.47% 8.62% 9.62% 5.63% -8.33% -8.81% 0.97% 5.58% 6.43% 10.23% 3.09%
Basic Earnings Per Share $0.60 $0.37 $0.27 $0.28
Diluted Earnings Per Share $0.58 $0.36 $0.26 $0.27 $471.4K $229.4K $212.4K $263.5K $268.2K $134.0K -$159.1K -$164.0K $23.43K $135.2K $150.6K $220.9K $41.86K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Cash & Short-Term Investments $16.08M $7.372M $8.153M $11.89M $10.48M $7.808M $7.456M $5.574M $5.123M $3.598M $1.500M $500.0K $1.700M $4.090M $610.0K $360.0K $1.440M
YoY Change 118.12% -9.58% -31.42% 13.46% 34.21% 4.72% 33.77% 8.79% 42.39% 139.88% 200.0% -70.59% -58.44% 570.49% 69.44% -75.0%
Cash & Equivalents $16.08M $7.372M $8.153M $11.89M $10.48M $7.808M $7.456M $5.574M $5.123M $3.598M $1.500M $500.0K $1.700M $4.090M $610.0K $360.0K $1.440M
Short-Term Investments
Other Short-Term Assets $329.0K $1.577M $1.870M $276.0K $353.0K $353.2K $757.5K $393.3K $419.6K $397.8K $400.0K $990.0K $1.020M $1.090M $780.0K $530.0K $330.0K
YoY Change -79.14% -15.67% 577.54% -21.81% -0.06% -53.37% 92.58% -6.27% 5.48% -0.54% -59.6% -2.94% -6.42% 39.74% 47.17% 60.61%
Inventory $3.712M $4.221M $3.178M $2.114M $3.085M $2.622M $2.487M $2.559M $2.480M $2.072M $2.240M $1.380M $2.390M $1.860M $1.470M $1.180M $850.0K
Prepaid Expenses
Receivables $24.05M $24.62M $21.34M $17.43M $13.84M $13.76M $12.59M $9.950M $7.611M $6.519M $6.490M $9.010M $10.85M $9.590M $6.580M $6.350M $3.930M
Other Receivables $0.00 $0.00 $0.00 $0.00 $262.0K $0.00 $0.00 $0.00 $192.7K $0.00 $0.00 $540.0K $340.0K $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $44.17M $37.79M $34.54M $31.70M $28.02M $24.54M $23.29M $18.48M $15.83M $12.59M $10.62M $12.42M $16.30M $16.63M $9.440M $8.410M $6.550M
YoY Change 16.9% 9.4% 8.94% 13.14% 14.2% 5.37% 26.04% 16.73% 25.75% 18.52% -14.49% -23.8% -1.98% 76.17% 12.25% 28.4%
Property, Plant & Equipment $5.252M $5.833M $4.688M $3.693M $3.869M $3.650M $3.091M $3.303M $3.375M $3.636M $3.940M $3.740M $3.170M $2.810M $2.690M $2.730M $2.280M
YoY Change -9.96% 24.42% 26.94% -4.55% 6.01% 18.07% -6.42% -2.13% -7.16% -7.73% 5.35% 17.98% 12.81% 4.46% -1.47% 19.74%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.152M $1.581M $1.538M $1.049M $755.0K $629.0K $364.0K $559.9K $470.8K $182.7K $300.0K $310.0K $270.0K $190.0K $960.0K $90.00K $390.0K
YoY Change 36.12% 2.8% 46.62% 38.94% 20.02% 72.81% -34.98% 18.93% 157.67% -39.1% -3.23% 14.81% 42.11% -80.21% 966.67% -76.92%
Total Long-Term Assets $8.061M $8.019M $6.825M $5.405M $5.222M $4.860M $4.104M $4.584M $4.750M $4.818M $5.170M $5.140M $4.620M $4.240M $4.700M $3.050M $2.850M
YoY Change 0.52% 17.49% 26.27% 3.5% 7.44% 18.42% -10.47% -3.49% -1.41% -6.81% 0.58% 11.26% 8.96% -9.79% 54.1% 7.02%
Total Assets $52.23M $45.81M $41.36M $37.11M $33.24M $29.40M $27.39M $23.06M $20.58M $17.41M $15.79M $17.56M $20.92M $20.87M $14.14M $11.46M $9.400M
YoY Change
Accounts Payable $1.010M $1.372M $1.261M $685.0K $556.0K $586.6K $810.6K $663.4K $589.2K $538.5K $380.0K $640.0K $750.0K $730.0K $1.240M $430.0K $340.0K
YoY Change -26.38% 8.8% 84.09% 23.2% -5.21% -27.64% 22.2% 12.58% 9.42% 41.72% -40.63% -14.67% 2.74% -41.13% 188.37% 26.47%
Accrued Expenses $4.823M $4.967M $4.582M $2.693M $1.618M $1.935M $1.734M $1.385M $1.777M $909.4K $690.0K $810.0K $790.0K $1.030M $730.0K $650.0K $1.920M
YoY Change -2.9% 8.4% 70.14% 66.44% -16.39% 11.59% 25.18% -22.04% 95.41% 31.79% -14.81% 2.53% -23.3% 41.1% 12.31% -66.15%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.770M $1.770M $1.770M $0.00 $0.00
YoY Change -100.0% 0.0% 0.0%
Long-Term Debt Due $1.101M $50.70K $46.31K $48.75K $50.00K $60.00K $250.0K $440.0K $400.0K $390.0K $370.0K
YoY Change 2071.68% 9.48% -5.01% -2.5% -16.67% -76.0% -43.18% 10.0% 2.56% 5.41%
Total Short-Term Liabilities $7.677M $8.053M $7.150M $4.639M $2.986M $3.651M $4.803M $2.896M $3.073M $2.279M $1.820M $2.190M $4.170M $4.410M $4.500M $2.100M $2.630M
YoY Change -4.67% 12.63% 54.13% 55.36% -18.2% -24.0% 65.86% -5.75% 34.8% 25.24% -16.89% -47.48% -5.44% -2.0% 114.29% -20.15%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.097M $1.146M $1.202M $1.250M $1.330M $1.390M $1.580M $2.030M $3.170M $2.730M
YoY Change -100.0% -4.3% -4.66% -3.8% -6.02% -4.32% -12.03% -22.17% -35.96% 16.12%
Other Long-Term Liabilities $12.00K $86.00K $41.00K $54.00K $9.000K $14.74K
YoY Change -86.05% 109.76% -24.07% 500.0% -38.94%
Total Long-Term Liabilities $12.00K $86.00K $41.00K $54.00K $9.000K $14.74K $0.00 $1.097M $1.146M $1.202M $1.250M $1.330M $1.390M $1.580M $2.030M $3.170M $2.730M
YoY Change -86.05% 109.76% -24.07% 500.0% -38.94% -100.0% -4.3% -4.66% -3.8% -6.02% -4.32% -12.03% -22.17% -35.96% 16.12%
Total Liabilities $7.689M $8.139M $7.191M $4.693M $2.995M $3.665M $4.803M $3.993M $4.219M $3.482M $3.070M $3.630M $5.840M $6.160M $6.680M $5.410M $5.360M
YoY Change -5.53% 13.18% 53.23% 56.69% -18.29% -23.69% 20.29% -5.35% 21.17% 13.41% -15.43% -37.84% -5.19% -7.78% 23.48% 0.93%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Basic Shares Outstanding 8.562M shares 8.464M shares 8.471M shares 8.566M shares 8.116M 8.114M 8.114M 8.108M
Diluted Shares Outstanding 8.865M shares 8.701M shares 8.769M shares 8.912M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $252.05 Million

About Electromed, Inc.

Electromed, Inc. engages in the development, manufacture, marketing, and sale of medical equipment. The company is headquartered in New Prague, Minnesota and currently employs 174 full-time employees. The company went IPO on 2010-08-13. The company applies High Frequency Chest Wall Oscillation (HFCWO) technologies in pulmonary care for patients of all ages. The SmartVest Clearway System consists of an inflatable therapy garment, a programmable air pulse generator and a patented single-hose that delivers air pulses from the generator to the garment to create oscillatory pressure on the chest wall. The SmartVest Clearway is designed for comfort and convenience, so patients can readily fit therapy into their daily routines. The SmartVest System is primarily prescribed for patients with bronchiectasis, cystic fibrosis, and neuromuscular conditions such as cerebral palsy and amyotrophic lateral sclerosis. The company also markets the Single Patient Use (SPU) SmartVest and SmartVest Wrap to health care providers in the acute care setting.

Industry: Electromedical & Electrotherapeutic Apparatus Peers: ABBOTT LABORATORIES ASENSUS SURGICAL, INC. Co-Diagnostics, Inc. DarioHealth Corp. PULSE BIOSCIENCES, INC. FONAR CORP LENSAR, Inc. NeuroPace Inc PAVmed Inc.