Sector: Healthcare | Industry: Advanced Medical Equipment & Technology |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 4220 NORTH FREEWAY FORT WORTH TX 76137 |
Tel: | N/A |
Website: | https://www.omnicell.com |
IR: | See website |
Key People | ||
Randall A. Lipps Chairman of the Board, President, Chief Executive Officer | Nchacha E. Etta Chief Financial Officer, Executive Vice President | Joseph B. Spears Senior Vice President, Chief Accounting Officer, Corporate Controller |
Corey J. Manley Senior Vice President, Chief Legal Officer | Brian H. Nutt Chief Accounting Officer, Vice President |
Business Overview |
Omnicell, Inc. is a provider of medication management solutions and adherence tools for health systems and pharmacies. The Company is focused on transforming pharmacy care through outcomes-centric innovation designed to optimize clinical and business outcomes across all settings of care through a portfolio of robotics, smart devices, intelligent software, and services. Its point of care automation solutions is designed to improve clinician workflows in patient care areas of the healthcare system, such as nursing units, patient wards, operating rooms, and emergency departments. The Company's XT Series automated dispensing systems for medications and supplies, which are used in nursing units and other clinical areas of the hospital, are designed to support workflows specific to each area of the hospital, with various software and hardware options. For the operating room, the Company also offer specialized automated dispensing systems. |
Financial Overview |
For the fiscal year ended 31 December 2023, Omnicell Inc revenues decreased 11% to $1.15B. Net loss totaled $20.4M vs. income of $5.6M. Revenues reflect Connected devices, software licenses, and other segment decrease of 25% to $623.6M, United States segment decrease of 13% to $1.01B. Net loss reflects Impairment of Fixed Assets increase of 6% to $10M (expense), Restructuring Charges & Provisions increase of 6% to $3.8M (expense). |
Employees: | 3,650 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $1,385M as of Dec 31, 2023 |
Annual revenue (TTM): | $1,147M as of Dec 31, 2023 |
EBITDA (TTM): | $68.04M as of Dec 31, 2023 |
Net annual income (TTM): | -$20.37M as of Dec 31, 2023 |
Free cash flow (TTM): | $126.08M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $79.17M as of Dec 31, 2023 |
Shares outstanding: | 45,923,492 as of Mar 28, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |