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MARKETS / ECIA
SURGICAL & MEDICAL INSTRUMENTS & APPARATUS · SMALL CAP

Encision Inc. ECIA

15 fiscal years on record · USD · FY2024 reported · SEC filings only
$6.6M
▼ 0.5% YoY
$-220,198
$-109,363
▼ 182.6% YoY
In brief

What this company does

We believe that our patented Active Electrode Monitoring (AEM®) Surgical Instruments are changing the marketplace for electrosurgical devices and laparoscopic instruments by providing a solution to a well-documented hazard unique to laparoscopic surgery. We have been issued 21 unexpired patents relating to AEM technology from the United States Patent and Trademark Office, each encompassing multiple claims, and which have between one and twenty years remaining. We also have patents on AEM technology in Europe, Japan, Canada, and Australia. The electrosurgical device market is intensely competitive and tends to be dominated by a relatively small group of large and well-financed companies. We compete directly for customers with those companies that currently make conventional electrosurgical instruments. Larger competitors include Advanced Surgical Technologies Group (a division of Medtronic plc) and Ethicon Endo-Surgery (a division of Johnson & Johnson).

Written from the business description in Encision Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 10 July 2025. Every sentence was checked against that document before publication.

Growth
USD 6.6M
Revenue, FY2024 · full 15-year series below
Revenue $M Net income $M
FY2024 · Revenue 6.6 · Net income -0.2
5.0M10.0M-0.8M-1.6M20102012201420162018202020222024
Compound annual growth
−5.1%
−3.1%
−3.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −3.1% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−3 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -2.6% · Net -3.4%
2%4%6%-5%-10%20102012201420162018202020222024
ROE
FY2024 · ROE -12.7%
10%20%-10%-20%-30%20102012201420162018202020222024

Each USD of equity lost 13 cents this year.

Cash & shareholders
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF -0.1
0.2M-0.5M-1.0M20102012201420162018202020222024

Total assetsUSD 3.7M
EquityUSD 1.7M
CashUSD 257,433.00
Gross debtUSD 5,000.00
Net debtUSD -252,433.00
Current ratio1.66×

The company holds more cash than debt.

The 15-year record
15 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 202420232022202120202019201820172016201520142013201220112010
Revenue $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.0−0.00.0
EBITDA $B−0.0−0.0−0.0−0.00.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.0−0.00.0
Income tax $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.0·
Net income $B−0.0−0.0−0.0−0.00.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.0−0.00.0
Free cash flow $B−0.00.0−0.0−0.00.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EPS, diluted $−0.02−0.06−0.03−0.010.05−0.02−0.020.03−0.07−0.08−0.13−0.20−0.08−0.080.00
Dividend / sh $···············
Payout %···············
ROE %−12.7−32.0−12.4−2.423.5−8.7−10.416.8−34.2−30.7·····
Shares out B0.010.010.010.010.010.010.010.010.010.010.010.010.010.010.01

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 74 reconciliationsAUDITED

Reconciled in 15 of 19 fiscal years. 21 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivitySurgical & Medical Instruments & Apparatus
Listed onnot stated in the filings
Incorporated inColorado
Fiscal year endsMarch 31
SEC categorysmaller reporting company
Data on record since2010

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