Encision Inc (PK:ECIA)

Business Focus: Medical Equipment, Supplies & Distribution

Sector:  Healthcare Industry:  Medical Equipment, Supplies & Distribution
 
See Regulatory Filings on SEC
Company Contact
Address: 6797 Winchester Circle
BOULDER CO 80301
Tel: N/A
Website: https://www.encision.com
IR: See website
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Key People
Gregory J. Trudel
President, Chief Executive Officer, Director
David W. Newton
Co-Founder, Vice President - Technology, Director
Mala M Ray
Vice President - Controller, Treasurer, Company Secretary
Jason Johnson
Vice President of Sales
Brian Jackman
Vice President of Marketing
 
Business Overview
Encision Inc. is a medical device company. The Company designs, develops, manufactures and markets patented surgical instruments that provide safety to patients undergoing minimally invasive surgery. Its segments include product and service. Product designs, develops, manufactures and markets patented surgical instruments. Service performs electrical engineering activities for external entities. Its Active Electrode Monitoring (AEM) technology provides surgeons with the desired tissue effects of cutting and coagulating tissue in laparoscopic procedures, while preventing stray electrosurgical energy that can cause complications and even death. Its shielded and monitored instruments enable surgeons to perform electrosurgical procedures. It has developed and launched AEM Surgical Instruments and Monitors for laparoscopic surgical procedures. It is also engaged in various manufacturing and assembly activities at its leased facility in Boulder, Colorado.
Financial Overview
For the nine months ended 31 December 2023, Encision Inc revenues decreased 9% to $5.1M. Net loss increased 54% to $355K. Revenues reflect Service segment decrease of 71% to $134K, Product segment decrease of 3% to $4.9M. Higher net loss reflects Service segment income decrease of 94% to $29K. Basic Earnings per Share excluding Extraordinary Items decreased from -$0.02 to -$0.03.
Employees: 31 as of Mar 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $9.01M as of Dec 31, 2023
Annual revenue (TTM): $6.87M as of Dec 31, 2023
EBITDA (TTM): -$0.30M as of Dec 31, 2023
Net annual income (TTM): -$0.45M as of Dec 31, 2023
Free cash flow (TTM): -$0.00M as of Dec 31, 2023
Net Debt Last Fiscal Year: $0.18M as of Dec 31, 2023
Shares outstanding: 11,769,543 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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