Electromed delivers record FY2024 revenue $54.7M, net income $5.2M ($0.58/sh)

Electromed, Inc.

2024-FY EPS reported $0.58 revenue$54,716,000

Q4 net revenue $14.8M (+9% YoY); operating income $2.3M (+56.3%); diluted EPS $0.20 vs $0.12.
FY2024 net revenue $54.7M (+13.8%); operating income $6.6M (+64.2%); net income $5.2M ($0.58 dil EPS) vs $3.2M ($0.36).
Gross margin stable at 76.3% for FY; cash $16.1M, no debt; working capital $36.5M.
Homecare revenue per weighted avg direct sales rep $967K, above target range of $850K-$950K.
CEO cites market share gains and infrastructure investments; optimistic for FY2025.

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