Omnicell Inc (OQ:OMCL)

Business Focus: Medical Software & Technology Services

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
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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

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