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Sharps Compliance (SMED)

Headquartered in Houston, Texas, Sharps Compliance is a leading business-to-business services provider to the healthcare, long-term care and retail pharmacy markets. Sharps Compliance offers comprehensive solutions for the management of regulated medical waste, hazardous waste and unused medications.

Company profile

Ticker
SMED
Exchange
CEO
David P. Tusa
Employees
Incorporated
Location
Fiscal year end
Former names
US MEDICAL SYSTEMS INC
SEC CIK
Subsidiaries
Sharps Compliance, Inc. • Sharps e-Tools.com Inc. • Sharps Safety, Inc. • Sharps Manufacturing, Inc. • Sharps Environmental Services, Inc. • Alpha Bio/Med Services LLC • Bio-Team Mobile LLC • Citiwaste, LLC • Sharps Properties, LLC ...
IRS number
742657168

SMED stock data

Analyst ratings and price targets

Last 3 months

Calendar

12 May 22
26 Jun 22
30 Jun 22
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Jun 21 Jun 20 Jun 19 Jun 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 26.74M 26.74M 26.74M 26.74M 26.74M 26.74M
Cash burn (monthly) 3.09M (no burn) 2.33K (no burn) 1.58M (no burn)
Cash used (since last report) 8.87M n/a 6.71K n/a 4.55M n/a
Cash remaining 17.87M n/a 26.74M n/a 22.19M n/a
Runway (months of cash) 5.8 n/a 11458.8 n/a 14.0 n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
2 Jun 22 David P Tusa Common Stock Sell Dispose S No No 4.4242 31,994 141.55K 56,094
2 Jun 22 David P Tusa Common Stock Sell Dispose S No No 4.4056 56,994 251.09K 88,088
2 Jun 22 David P Tusa Common Stock Option exercise Acquire M No No 3.8 56,994 216.58K 145,082
2 Jun 22 David P Tusa Sharps Compliance 2010 Stock Plan Options Common Stock Option exercise Dispose M No No 3.8 56,994 216.58K 130,819
1 Jun 22 David P Tusa Common Stock Sell Dispose S No No 4.3234 60,000 259.4K 88,088
1 Jun 22 David P Tusa Common Stock Option exercise Acquire M No No 3.8 60,000 228K 148,088
1 Jun 22 David P Tusa Sharps Compliance 2010 Stock Plan Options Common Stock Option exercise Dispose M No No 3.8 60,000 228K 187,813
31 May 22 David P Tusa Common Stock Sell Dispose S No No 4.2717 33,306 142.27K 88,088
31 May 22 David P Tusa Common Stock Option exercise Acquire M No No 3.8 33,306 126.56K 121,394
31 May 22 David P Tusa Sharps Compliance 2010 Stock Plan Options Common Stock Option exercise Dispose M No No 3.8 33,306 126.56K 247,813
56.6% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 79 79
Opened positions 14 13 +7.7%
Closed positions 14 12 +16.7%
Increased positions 28 34 -17.6%
Reduced positions 26 22 +18.2%
13F shares Current Prev Q Change
Total value 64.86M 293.09M -77.9%
Total shares 11M 10.77M +2.2%
Total puts 13.6K 22.3K -39.0%
Total calls 13.5K 0 NEW
Total put/call ratio 1.0 Infinity NaN%
Largest owners Shares Value Change
Royce & Associates 1.05M $6.2M -12.3%
BLK Blackrock 846.04K $4.99M +0.4%
Vanguard 825.13K $4.87M +2.9%
Granahan Investment Management 718.2K $4.24M -16.0%
GS Goldman Sachs 647.72K $3.82M -2.9%
Wasatch Advisors 629.24K $3.71M NEW
Renaissance Technologies 407.56K $2.41M +37.8%
Acadian Asset Management 390.21K $2.3M +32.7%
Needham Investment Management 380K $2.24M +55.1%
Walthausen & Co. 346.31K $2.04M NEW
Largest transactions Shares Bought/sold Change
Wasatch Advisors 629.24K +629.24K NEW
Polar Asset Management Partners 0 -417.72K EXIT
Walthausen & Co. 346.31K +346.31K NEW
Van Eck Associates 0 -221.31K EXIT
Royce & Associates 1.05M -147.2K -12.3%
Granahan Investment Management 718.2K -136.38K -16.0%
Needham Investment Management 380K +135K +55.1%
Norges Bank 0 -122.8K EXIT
Dimensional Fund Advisors 292.72K +117.85K +67.4%
Renaissance Technologies 407.56K +111.81K +37.8%

Financial report summary

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Competition
Stericycle
Management Discussion
  • Total revenues for the fiscal year ended June 30, 2021 of $76.4 million increased by $25.3 million, or 49.4%, from the total revenues for the fiscal year ended June 30, 2020 of $51.1 million. The increase in revenue is mainly due to increased billings in the Retail, Professional, Long-Term Care and Pharmaceutical Manufacturer markets. The net increase in billings is partially offset by current year deferred revenue net of product returns on sales in prior periods. Billings by market are as follows (in thousands):
  • *Represents the net impact of the revenue recognition adjustments to arrive at reported generally accepted accounting principles (“GAAP”) revenue. Customer billings include all invoiced amounts associated with products shipped or services rendered during the period reported. GAAP revenue includes customer billings as well as numerous adjustments necessary to reflect, (i) the deferral of a portion of current period sales, (ii) recognition of certain revenue associated with product returned for treatment and destruction and (iii) provisions for certain product returns and discounts to customers which are accounted for as reductions in sales in the same period the related sales are recorded. See Note 2 “Summary of Significant Accounting Policies” in “Notes to Consolidated Financial Statements”.
  • (1)The Company’s other products include IV poles, accessories, containers, asset return boxes and other miscellaneous items.

Content analysis

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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
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