Company profile

Ticker
APYX
Exchange
Employees
Incorporated in
Location
Fiscal year end
Industry
Other Health Care
Former names
An Con Genetics Inc, Bovie Medical Corp, BOVIE MEDICAL Corp
SEC CIK
IRS number
112644611

APYX stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

15 Nov 19
28 Jan 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Revenue 7.58M 6.57M 5.63M 5.93M
Net income -4.31M -4.34M -4.68M -3.33M
Diluted EPS -0.13 -0.13 -0.14 -0.15
Net profit margin -56.91% -66.05% -83.16% -56.14%
Operating income -4.7M -4.47M -5.2M -5.15M
Net change in cash -2.2M -302K -2.54M 563K
Cash on hand 1.3M 3.5M 3.8M 6.34M
Cost of revenue 2.56M 2.1M 2.1M 2.4M
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 16.69M 10.23M 8.82M 29.52M
Net income -9.49M -13.68M -11.55M -5.37M
Diluted EPS 1.85 -0.17 -0.15 0.24
Net profit margin -56.90% -134% -131% -18.19%
Operating income -13.6M -13.89M -11.39M -6.99M
Net change in cash -3.61M -4.51M 2.65M 6.07M
Cash on hand 6.34M 9.95M 14.46M 11.81M
Cost of revenue 5.89M 3.28M 3.7M 16.96M

Financial data from company earnings reports

13F holders
Current Prev Q Change
Total holders 1 1
Opened positions 0 0 NaN%
Closed positions 0 1 -100.0%
Increased positions 0 0 NaN%
Reduced positions 0 0 NaN%
13F shares
Current Prev Q Change
Total value 0 0
Total shares 0 0
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Proequities 0 $0
Largest transactions
Shares Bought/sold Change
Proequities 0 0

Financial report summary

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Competition
MedtronicConmedMedtronic
Risks
  • The medical device industry is highly competitive and we may be unable to compete effectively.
  • Our industry is highly regulated by the U.S. Food and Drug Administration and international regulatory authorities, as well as other governmental, state and federal agencies which have substantial authority to establish criteria which must be complied with in order for us to continue in operation.
  • If we are unable to successfully introduce new products or fail to keep pace with competitive advances in technology, our business, financial condition and results of operations could be adversely affected. In addition, our research and development efforts rely upon investments and alliances and we cannot guarantee that any previous or future investments or alliances will be successful.
  • Even if we are successful in developing and obtaining approval for our new product candidates, there are various circumstances that could prevent the successful commercialization of the products.
  • Changes in U.S. trade policies could significantly increase the cost of imported goods into the United States, which may materially reduce our sales or profitability.
  • Our operations may experience higher costs to produce our products as a result of changes in prices for oil, gasoline and other commodities.
  • Our manufacturing facilities are located in Clearwater, Florida and Sophia, Bulgaria and could be affected due to multiple weather risks, including risks to our Florida facility from hurricanes and similar phenomena.
  • We rely on certain suppliers and manufacturers for raw materials and other products and are vulnerable to fluctuations in the availability and price of such products and services.
  • If we are unable to protect our patents or other proprietary rights, or if we infringe on the patents or other proprietary rights of others, our competitiveness and business prospects may be materially damaged.
  • We have been and may in the future become subject to litigation proceedings that could materially and adversely affect our business.
  • Our business is subject to the potential for defects or failures associated with our products which could lead to recalls or safety alerts and negative publicity.
  • We may, in the future, incur impairments to our long-lived assets.
  • We may, in the future, identify deficiencies in controls over financial reporting.
  • The market price of our stock has been and may continue to be highly volatile.
  • We have no present intention to pay dividends on our common stock and, even if we change that policy, we may be unable to pay dividends on our common stock.
  • Historically the low trading volume of our common stock may adversely affect the price of our shares and their liquidity.
  • Exercise of options issued by us will dilute the ownership interest of existing stockholders.
  • The market price of our stock has been and may continue to be highly volatile.
Management Discussion
  • Total revenue from continuing operations for the three months ended September 30, 2019, increased $3.9 million, or 106.3%, to $7.6 million, compared to $3.7 million in the prior year. Sales of the Company’s Advanced Energy generators and handpieces drove the increase in total revenue in the third quarter of 2019, with OEM segment sales contributing modestly to the year-over-year increase in total revenue from continuing operations during the third quarter 2019 period. Advanced Energy segment sales increased approximately $3.1 million, or 104.2% year-over-year, to $6.1 million, compared to approximately $3.0 million last year, as a result of additional sales force in the U.S. and new international distributors. This increase in selling infrastructure has resulted in increases of generator and handpiece sales, both domestically and in international markets. OEM segment sales increased $0.8 million, or 115.6% year-over-year, to $1.5 million, compared to $0.7 million last year, primarily attributable to sales to Symmetry under our Manufacture and Supply Agreement.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
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Removed: acquisition, activity, approximate, bank, consistent, disaggregated, EOOD, expensed, feet, geography, long, longer, month, obligated, opening, practice, Qualitative, Quantitative, releasing, restatement, retained, schedule, single, space, square, Tampa, transferred