Electromed Inc
For the period ended Aug 27, 2024. Filed Aug 27, 2024.
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Aug 27, 2024 · Filed Aug 27, 2024
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ELMD$27.17+1.5%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · Statements of Operations
Statements of Operations
| Three Months Ended June 30 | Twelve Months Ended June 30 | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| (Unaudited) · (Unaudited) | ||||
| Net revenues | $14,832,000 | $13,612,000 | $54,716,000 | $48,067,000 |
| Cost of revenues | 3,531,000 | 3,162,000 | 12,990,000 | 11,548,000 |
| Gross profit | 11,301,000 | 10,450,000 | 41,726,000 | 36,519,000 |
| Operating expenses | ||||
| Selling, general and administrative | 8,790,000 | 8,658,000 | 34,489,000 | 31,595,000 |
| Research and development | 176,000 | 298,000 | 656,000 | 916,000 |
| Total operating expenses | 8,966,000 | 8,956,000 | 35,145,000 | 32,511,000 |
| Operating income | 2,335,000 | 1,494,000 | 6,581,000 | 4,008,000 |
| Interest income, net | 162,000 | 41,000 | 455,000 | 78,000 |
| Net income before income taxes | 2,497,000 | 1,535,000 | 7,036,000 | 4,086,000 |
| Income tax expense | 669,000 | 502,000 | 1,886,000 | 920,000 |
| Net income | $1,828,000 | $1,033,000 | $5,150,000 | $3,166,000 |
| Income per share: | ||||
| Basic | $0.21 | $0.12 | $0.60 | $0.37 |
| Diluted | $0.20 | $0.12 | $0.58 | $0.36 |
| Weighted-average common shares outstanding: | ||||
| Basic | 8,601,206 | 8,511,632 | 8,562,245 | 8,463,684 |
| Diluted | 8,997,310 | 8,723,700 | 8,864,585 | 8,700,833 |
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