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Electromed, Inc. designs, manufactures, and markets medical devices that provide airway clearance therapy. Its flagship product, the SmartVest Airway Clearance System, uses high frequency chest wall oscillation (HFCWO) to help people clear excess mucus from the lungs, aiding those with impaired airway clearance. The system is designed for home and clinical use, delivering oscillating pressure to the chest to loosen and move mucus so it can be coughed out. The company differentiates itself by focusing specifically on airway clearance technology and offering a hands-on commitment to service, framed by its mission to help people breathe better and live more active, fulfilling lives. Electromed’s goal is to make life’s important moments possible—one breath at a time.
Industries
Hardware
Healthcare
Company Size
201-500
Company Stage
IPO
Headquarters
New Prague, Minnesota
Founded
1992
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Total Funding
$10M
Above
Industry Average
Funded Over
1 Rounds
Unlimited Paid Time Off
401(k) Company Match
Health Insurance
Health Savings Account/Flexible Spending Account
Disability Insurance
Parental Leave
Wellness Program
Training Programs
Professional Development Budget
Tuition Reimbursement
Electromed, a Minnesota-based airway clearance technology company, reported record financial results for its fiscal 2026 third quarter ended March 31. Net revenues increased 18.4% to $18.6 million, driven by an 18.6% rise in its core homecare market. Operating income surged 76.0% to a record $3.8 million, representing 20.3% of net revenues. Net income reached $3.0 million, or $0.35 per diluted share, up 58.8% year-over-year. The results marked Electromed's 14th consecutive quarter of year-over-year revenue and profit growth. The company ended the quarter with $17.0 million in cash, $28.3 million in accounts receivable, and no debt. CEO Jim Cunniff cited strategic investments in sales teams and 86% coverage of US lives under contract as positioning the company for continued growth.
Electromed, a leader in airway clearance technologies, reported record financial results for its fiscal 2026 second quarter ended 31 December 2025. Net revenues increased 16.3% to $18.9 million, driven by an 18.4% rise in its core homecare market. Operating income reached a record $3.6 million, up 42.4% year-over-year, whilst operating margin improved to 19.2% of net revenues. Net income rose 40.3% to $2.8 million, or $0.32 per diluted share. The company repurchased $2.8 million of common stock at an average price of $26.16 per share during the quarter and ended with $13.8 million in cash and no debt. This marks Electromed's 13th consecutive quarter of year-over-year revenue and net income growth.
Electromed entered a new senior secured revolving credit facility with BMO Bank for $10 million, maturing December 16, 2026 at one-month Term SOFR plus 1.75%. The facility is secured by a first-priority lien on substantially all assets and includes customary and financial covenants, including a min…
Electromed, Inc. ("Electromed" or the "Company") (NYSE American: ELMD), a leader in innovative airway clearance technologies, today announced that Company management will participate in the Canaccord Genuity 45 [th] Annual Growth Conference, which will be held August 12-14, 2025 in Boston, MA.
NEW PRAGUE, MN / ACCESS Newswire / June 9, 2025 / Electromed, Inc. announced that Jim Cunniff, President and Chief Executive Officer, will be presenting at the Investor Summit Virtual taking place on June 10.
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Industries
Hardware
Healthcare
Company Size
201-500
Company Stage
IPO
Headquarters
New Prague, Minnesota
Founded
1992
Find jobs on Simplify and start your career today