secwatch.observer — SEC 8-K summary
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Issuer:     Electromed, Inc. (ELMD)
CIK:        0001488917
Form:       8-K
Filed at:   2023-08-22T23:59:59+00:00
Accession:  0000897101-23-000379
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1488917/000089710123000379/0000897101-23-000379-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1488917/000089710123000379/elmd230888_8k.htm
  HTML page:      https://secwatch.observer/filing/0000897101-23-000379

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer