Electromed Q4 revenue up 37.7% to $9.5M; full-year net income $2.4M

Electromed, Inc.

2021-FY EPS reported $0.27 revenue$35,756,000

Q4 FY2021 net revenue $9.5M (+37.7% YoY); home care revenue up 33.6%, institutional up 90.6%.
Q4 net income $0.4M ($0.04 diluted EPS) vs $1.3M ($0.15) in Q4 FY2020; prior year included $0.9M CARES Act stimulus.
Full-year FY2021 revenue $35.8M (+10.1% YoY); net income $2.4M ($0.27 diluted EPS) vs $4.2M ($0.47) in FY2020.
Operating cash flow $3.1M; cash $11.9M at June 30, 2021; no debt.
Repurchased $1.1M in stock under new $3.0M program; targeting HFCWO market share growth in FY2022.

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