---
schema_version: "secwatch.filing_event.v1"
accession: "0000897101-23-000379"
form_type: "8-K"
ticker: "ELMD"
cik: "0001488917"
company_name: "Electromed, Inc."
filed_at: "2023-08-22T23:59:59+00:00"
generated_at: "2026-06-11T05:34:50.200952+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Electromed reports record FY2023 revenue of $48.1M; Q4 EPS $0.12 vs $0.04 YoY

## Summary
- Q4 revenue $13.6M (+21% YoY); net income $1.0M ($0.12 EPS) vs $0.4M ($0.04).
- Full year revenue $48.1M (+15% YoY); net income $3.2M ($0.36 EPS) vs $2.3M ($0.26).
- Home care revenue up 15.6% to $44.0M; sales rep count 55 (46 direct); productivity $945K per rep.
- Cash $7.4M, no debt; working capital $29.7M; shareholders' equity $37.7M.
- Jim Cunniff assumes role of President & CEO; Kathleen Skarvan becomes Board Chair; launched SmartVest Clearway.

## SEC filing metadata
- accession: 0000897101-23-000379
- form_type: 8-K
- ticker: ELMD
- cik: 0001488917
- company_name: Electromed, Inc.
- filed_at: 2023-08-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1488917/000089710123000379/0000897101-23-000379-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1488917/000089710123000379/elmd230888_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000897101-23-000379
- JSON: https://secwatch.observer/filing/0000897101-23-000379.json
- Plain text: https://secwatch.observer/filing/0000897101-23-000379.txt

## Key facts
- Earnings Releases
  Electromed, Inc. reported the three months and full year ended June 30, 2023 results: revenue $13.6 million, net income $1.0 million, EPS $0.12 per diluted share.
  - Period: the three months and full year ended June 30, 2023
  - Revenue: $13.6 million
  - Net income: $1.0 million
  - EPS: $0.12 per diluted share
  - Result: reported results
  source text: financial results for the three months (“Q4 FY 2023”) and full year (“FY 2023”) ended June 30, 2023. Q4 FY 2023 Financial Highlights ● Net revenue increased 21% to a record $13.6 million in Q4 FY 2023, from $11.3 million in Q4 of the prior year. ● Operating income totaled $1.5 million in Q4 FY 2023, compared to $0.5 million in Q4 FY 2022. ● Net income was $1.0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1488917/000089710123000379/0000897101-23-000379-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.