Filing Flows › Electromed (ELMD) › Q2 FY25
Electromed (ELMD) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Feb 11, 2025
Electromed (ELMD) reported revenue of $16.3M for the second quarter fiscal 2025 (Q2 FY25), +19% from a year earlier and +11% from the quarter before. Operating margin was 15.6%, net earnings $2.0M (12.1% of revenue).
Electromed, Q2 FY25: revenue $16.3M (+19% year over year), operating margin 15.6%, net earnings $2.0M, operating cash flow $3.2M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.3M | +11% | +19% |
| Gross profit | $12.6M | +10% | +20% |
| Operating profit | $2.5M | +31% | +12% |
| Net earnings | $2.0M | +34% | +18% |
| Operating cash flow | $3.2M | +36% | -9% |
| Free cash flow | $2.9M | +28% | -14% |
What changed
Revenue was $16.3M in Q2 FY25, up 19% year over year and up 11% from the previous quarter. Homecare was the largest line at 90% of revenue. Homecare added $1.9M year over year (up 15%), 75% of the total change.
Gross margin was 77.7%, up 0.6 points from a year earlier. Operating profit was $2.5M, a 15.6% margin (down 0.9 points year over year). Of the extra revenue versus a year earlier, 11% reached operating profit, below the 17% margin then. Operating expenses grew 22% against revenue growth of 19%. The fastest-growing cost line was Research & development (+135%). Net earnings were $2.0M, up 18% year over year. The effective tax rate was 26.9%.
Operating cash flow was $3.2M (down 9% year over year), 160% of net earnings. Non-cash charges added back $272K of depreciation and amortization and $1.0M of share-based compensation. Capital expenditures of $233K left free cash flow of $2.9M.
Questions
What was Electromed's revenue in the second quarter fiscal 2025?
Electromed (ELMD) reported revenue of $16.3M for the second quarter fiscal 2025 (Q2 FY25), +19% from a year earlier and +11% from the quarter before.
Was Electromed profitable in the second quarter fiscal 2025?
Operating profit was $2.5M (15.6% of revenue) and net earnings $2.0M.
Source: Electromed 10-Q on SEC EDGAR.