secwatch.observer — SEC 8-K summary
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Issuer:     Electromed, Inc. (ELMD)
CIK:        0001488917
Form:       8-K
Filed at:   2024-08-27T23:59:59+00:00
Accession:  0000897101-24-000421
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1488917/000089710124000421/0000897101-24-000421-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1488917/000089710124000421/elmd240884_8k.htm
  HTML page:      https://secwatch.observer/filing/0000897101-24-000421

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