NYSEAMERICAN : ELMD
Electromed, Inc. — Financial statements
Healthcare · Medical Devices · United States
Last price 27.68 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 229.39M
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Financial statements
Electromed, Inc. (ELMD) reported revenue of 73.78M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 73.78M | 73.78M | 64.00M | 54.72M | 48.07M | 41.66M |
| Cost of Revenue | 15.83M | 15.83M | 14.03M | 12.99M | 11.55M | 10.22M |
| Gross Profit | 57.94M | 57.94M | 49.97M | 41.73M | 36.52M | 31.44M |
| Selling, General & Admin | 42.75M | 42.75M | 39.10M | 34.49M | 31.59M | 27.11M |
| Research & Development | 1.31M | 1.31M | 996.00K | 656.00K | 916.00K | 1.36M |
| Operating Expenses | 44.06M | 44.06M | 40.10M | 35.15M | 32.51M | 28.47M |
| Operating Income | 13.88M | 13.88M | 9.87M | 6.58M | 4.01M | 2.97M |
| Interest & Investment Income | 479.00K | 479.00K | 624.00K | 455.00K | 78.00K | 25.00K |
| EBT Excluding Unusual Items | 14.36M | 14.36M | 10.50M | 7.04M | 4.09M | 3.00M |
| Asset Writedown | -212.00K | |||||
| Pretax Income | 14.36M | 14.36M | 10.28M | 7.04M | 4.09M | 3.00M |
| Income Tax Expense | 3.06M | 3.06M | 2.75M | 1.89M | 920.00K | 692.00K |
| Net Income | 11.30M | 11.30M | 7.54M | 5.15M | 3.17M | 2.31M |
| Net Income to Common | 11.30M | 11.30M | 7.54M | 5.15M | 3.17M | 2.31M |
| Shares Outstanding (Basic) | 8.27M | 8.27M | 8.45M | 8.56M | 8.46M | 8.47M |
| Shares Outstanding (Diluted) | 8.69M | 8.69M | 8.91M | 8.86M | 8.70M | 8.77M |
| EPS (Basic) | 1.37 | 1.37 | 0.89 | 0.60 | 0.37 | 0.27 |
| EPS (Diluted) | 1.30 | 1.30 | 0.85 | 0.58 | 0.36 | 0.26 |
| Free Cash Flow | 8.41M | 8.41M | 11.13M | 8.78M | -333.00K | -2.11M |
| Free Cash Flow Per Share | 0.97 | 0.97 | 1.25 | 0.99 | -0.04 | -0.24 |
| Gross Margin | 78.54% | 78.54% | 78.08% | 76.26% | 75.98% | 75.48% |
| Operating Margin | 18.82% | 18.82% | 15.43% | 12.03% | 8.34% | 7.13% |
| Profit Margin | 15.32% | 15.32% | 11.78% | 9.41% | 6.59% | 5.53% |
| Free Cash Flow Margin | 11.40% | 11.40% | 17.39% | 16.05% | -0.69% | -5.07% |
| EBITDA | 14.81M | 14.81M | 11.04M | 7.42M | 4.62M | 3.60M |
| EBITDA Margin | 20.07% | 20.07% | 17.26% | 13.56% | 9.61% | 8.64% |
| D&A For EBITDA | 926.00K | 926.00K | 1.17M | 841.00K | 613.00K | 628.00K |
| EBIT | 13.88M | 13.88M | 9.87M | 6.58M | 4.01M | 2.97M |
| EBIT Margin | 18.82% | 18.82% | 15.43% | 12.03% | 8.34% | 7.13% |
| Effective Tax Rate | 21.30% | 21.30% | 26.71% | 26.80% | 22.52% | 23.09% |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 20.45M | 20.45M | 15.29M | 16.08M | 7.37M | 8.15M |
| Cash & Short-Term Investments | 20.45M | 20.45M | 15.29M | 16.08M | 7.37M | 8.15M |
| Accounts Receivable | 30.90M | 30.90M | 25.70M | 24.05M | 24.62M | 21.34M |
| Other Receivables | 1.17M | 1.17M | 408.00K | |||
| Receivables | 32.07M | 32.07M | 26.10M | 24.05M | 24.62M | 21.34M |
| Inventory | 3.68M | 3.68M | 3.30M | 3.71M | 4.22M | 3.18M |
| Prepaid Expenses | 1.17M | 1.17M | 392.00K | 329.00K | 1.58M | 1.87M |
| Total Current Assets | 57.37M | 57.37M | 45.08M | 44.17M | 37.79M | 34.54M |
| Property, Plant & Equipment | 3.21M | 3.21M | 4.91M | 5.25M | 3.67M | 4.29M |
| Other Intangible Assets | 3.64M | 3.64M | 1.32M | 657.00K | 2.77M | 995.00K |
| Long-Term Deferred Tax Assets | 2.04M | 2.04M | 2.46M | 2.15M | 1.58M | 1.54M |
| Other Long-Term Assets | 15.00K | 15.00K | 23.00K | |||
| Total Assets | 66.27M | 66.27M | 53.80M | 52.23M | 45.81M | 41.36M |
| Accounts Payable | 2.64M | 2.64M | 2.67M | 1.01M | 1.37M | 1.26M |
| Accrued Expenses | 6.64M | 6.64M | 5.48M | 4.28M | 4.89M | 4.50M |
| Current Portion of Leases | 67.00K | 67.00K | 73.00K | 75.00K | 75.00K | 79.00K |
| Current Income Taxes Payable | 277.00K | 336.00K | 51.00K | |||
| Other Current Liabilities | 2.87M | 2.87M | 2.25M | 2.03M | 1.38M | 1.26M |
| Total Current Liabilities | 12.22M | 12.22M | 10.47M | 7.68M | 8.05M | 7.15M |
| Long-Term Leases | 66.00K | 66.00K | 125.00K | 12.00K | 86.00K | 41.00K |
| Total Liabilities | 12.29M | 12.29M | 10.59M | 7.69M | 8.14M | 7.19M |
| Common Stock | 84.00K | 84.00K | 83.00K | 87.00K | 86.00K | 85.00K |
| Additional Paid-In Capital | 25.33M | 25.33M | 21.94M | 20.79M | 18.79M | 18.31M |
| Retained Earnings | 28.56M | 28.56M | 21.18M | 23.67M | 18.79M | 15.78M |
| Shareholders' Equity | 53.98M | 53.98M | 43.21M | 44.55M | 37.67M | 34.17M |
| Total Liabilities & Equity | 66.27M | 66.27M | 53.80M | 52.23M | 45.81M | 41.36M |
| Total Debt | 133.00K | 133.00K | 198.00K | 87.00K | 161.00K | 120.00K |
| Net Cash (Debt) | 20.32M | 20.32M | 15.09M | 15.99M | 7.21M | 8.03M |
| Net Cash Per Share | 2.34 | 2.34 | 1.69 | 1.80 | 0.83 | 0.92 |
| Filing Date Shares Outstanding | 8.37M | 8.37M | 8.35M | 8.64M | 8.56M | 8.48M |
| Total Common Shares Outstanding | 8.37M | 8.37M | 8.35M | 8.64M | 8.56M | 8.48M |
| Working Capital | 45.15M | 45.15M | 34.61M | 36.50M | 29.73M | 27.39M |
| Book Value Per Share | 6.45 | 6.45 | 5.18 | 5.16 | 4.40 | 4.03 |
| Tangible Book Value | 50.34M | 50.34M | 41.89M | 43.89M | 34.90M | 33.18M |
| Tangible Book Value Per Share | 6.02 | 6.02 | 5.02 | 5.08 | 4.08 | 3.91 |
| Land | 200.00K | 200.00K | 200.00K | 200.00K | 200.00K | 200.00K |
| Buildings | 4.08M | 4.08M | 3.46M | 3.45M | 3.43M | 3.42M |
| Machinery | 4.04M | 4.04M | 4.43M | 4.21M | 4.11M | 3.39M |
| Construction In Progress | 185.00K | 185.00K | 224.00K | 72.00K | 8.00K | 957.00K |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 11.30M | 11.30M | 7.54M | 5.15M | 3.17M | 2.31M |
| Depreciation & Amortization | 926.00K | 926.00K | 1.17M | 841.00K | 613.00K | 628.00K |
| Other Amortization | 150.00K | 150.00K | ||||
| Asset Writedown & Restructuring Costs | 212.00K | |||||
| Stock-Based Compensation | 2.72M | 2.72M | 3.06M | 1.69M | 708.00K | 976.00K |
| Other Operating Activities | 426.00K | 426.00K | -310.00K | -571.00K | -43.00K | -489.00K |
| Change in Accounts Receivable | -5.20M | -5.20M | -1.64M | 565.00K | -3.28M | -3.91M |
| Change in Inventory | -517.00K | -517.00K | 175.00K | 459.00K | -1.03M | -1.07M |
| Change in Accounts Payable | 652.00K | 652.00K | 1.65M | -1.21M | 420.00K | 2.17M |
| Change in Income Taxes | -760.00K | -760.00K | -685.00K | -59.00K | 285.00K | -237.00K |
| Change in Other Net Operating Assets | -32.00K | -32.00K | 227.00K | 2.20M | 478.00K | -1.05M |
| Operating Cash Flow | 9.66M | 9.66M | 11.39M | 9.07M | 1.31M | -686.00K |
| Capital Expenditures | -1.25M | -1.25M | -262.00K | -287.00K | -1.65M | -1.43M |
| Sale (Purchase) of Intangibles | -48.00K | -48.00K | -44.00K | -108.00K | -68.00K | -100.00K |
| Investing Cash Flow | -1.30M | -1.30M | -306.00K | -395.00K | -1.72M | -1.52M |
| Issuance of Common Stock | 965.00K | 965.00K | 398.00K | 311.00K | 83.00K | |
| Repurchase of Common Stock | -4.17M | -4.17M | -12.28M | -275.00K | -463.00K | -1.52M |
| Financing Cash Flow | -3.20M | -3.20M | -11.88M | 36.00K | -380.00K | -1.52M |
| Net Cash Flow | 5.16M | 5.16M | -793.00K | 8.71M | -781.00K | -3.74M |
| Free Cash Flow | 8.41M | 8.41M | 11.13M | 8.78M | -333.00K | -2.11M |
| Free Cash Flow Margin | 11.40% | 11.40% | 17.39% | 16.05% | -0.69% | -5.07% |
| Free Cash Flow Per Share | 0.97 | 0.97 | 1.25 | 0.99 | -0.04 | -0.24 |
| Levered Free Cash Flow | 5.81M | 5.81M | 11.19M | 8.20M | -1.01M | -2.17M |
| Unlevered Free Cash Flow | 5.81M | 5.81M | 11.19M | 8.20M | -1.01M | -2.17M |
| Cash Income Tax Paid | 3.39M | 3.39M | 3.74M | 2.51M | 676.00K | 1.42M |
| Change in Working Capital | -5.86M | -5.86M | -277.00K | 1.96M | -3.13M | -4.11M |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 222.92M | 350.25M | 184.41M | 130.10M | 91.69M | 82.07M |
| Enterprise Value | 202.61M | 333.34M | 169.17M | 118.41M | 84.94M | 72.26M |
| Last Close Price | 27.04 | 42.30 | 21.99 | 15.03 | 10.71 | 9.64 |
| PE Ratio | 20.69 | 30.99 | 24.47 | 25.26 | 28.96 | 35.60 |
| Forward PE | 18.49 | 30.36 | 24.43 | 25.69 | 19.12 | 40.16 |
| PS Ratio | 3.07 | 4.75 | 2.88 | 2.38 | 1.91 | 1.97 |
| PB Ratio | 4.19 | 6.49 | 4.27 | 2.92 | 2.43 | 2.40 |
| P/TBV Ratio | 4.50 | 6.96 | 4.40 | 2.96 | 2.63 | 2.47 |
| P/FCF Ratio | 26.93 | 41.63 | 16.57 | 14.82 | ||
| P/OCF Ratio | 23.44 | 36.24 | 16.19 | 14.35 | 69.73 | |
| PEG Ratio | 1.09 | 1.10 | 4.02 | 4.02 | 4.02 | 4.02 |
| EV/Sales Ratio | 2.80 | 4.52 | 2.64 | 2.16 | 1.77 | 1.74 |
| EV/EBITDA Ratio | 13.93 | 22.51 | 15.32 | 15.96 | 18.38 | 20.07 |
| EV/EBIT Ratio | 14.86 | 24.01 | 17.14 | 17.99 | 21.19 | 24.32 |
| EV/FCF Ratio | 24.52 | 39.62 | 15.20 | 13.49 | ||
| Debt / Equity Ratio | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Debt / EBITDA Ratio | 0.01 | 0.01 | 0.02 | 0.01 | 0.03 | 0.03 |
| Debt / FCF Ratio | 0.02 | 0.02 | 0.02 | 0.01 | ||
| Net Debt / Equity Ratio | -0.38 | -0.38 | -0.35 | -0.36 | -0.19 | -0.23 |
| Net Debt / EBITDA Ratio | -1.37 | -1.37 | -1.37 | -2.15 | -1.56 | -2.23 |
| Net Debt / FCF Ratio | -2.42 | -2.42 | -1.36 | -1.82 | 21.66 | 3.81 |
| Asset Turnover | 1.23 | 1.23 | 1.21 | 1.12 | 1.10 | 1.06 |
| Inventory Turnover | 4.54 | 4.54 | 4.00 | 3.27 | 3.12 | 3.86 |
| Quick Ratio | 4.30 | 4.30 | 3.95 | 5.23 | 3.97 | 4.12 |
| Current Ratio | 4.69 | 4.69 | 4.31 | 5.75 | 4.69 | 4.83 |
| Return on Equity (ROE) | 23.26% | 23.26% | 17.18% | 12.53% | 8.81% | 6.92% |
| Return on Assets (ROA) | 14.45% | 14.45% | 11.64% | 8.39% | 5.75% | 4.73% |
| Return on Invested Capital (ROIC) | 33.14% | 35.36% | 25.53% | 16.33% | 10.97% | 9.78% |
| Return on Capital Employed (ROCE) | 25.70% | 25.70% | 22.80% | 14.80% | 10.60% | 8.70% |
| Earnings Yield | 4.83% | 3.23% | 4.09% | 3.96% | 3.45% | 2.81% |
| FCF Yield | 3.71% | 2.40% | 6.04% | 6.75% | -0.36% | -2.57% |
| Buyback Yield / Dilution | 2.53% | 2.53% | -0.56% | -1.88% | 0.77% | 1.61% |