/
Company Overview Sharps Technology, Inc. is a medical device sales and distribution enterprise focused on the marketing and distribution of syringe products and related drug-delivery systems. We previously designed and manufactured a portfolio of conventional and safety syringes for clinical, pharmaceutical, and specialty applications and continues to market certain remaining inventory to hospi…
The business is unprofitable at the operating level (-132145.49% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
ROIC dropped from -64.24% to -155.98%, capital efficiency is deteriorating. Negative free cash flow of -$11M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (FY)
$204K
Net Income (TTM)
-$371M
▼ -2938.9% YoY
Op. Margin
-132145.49%
ROIC
-124.29%
▼ -91.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$12M
▼ -142.1% YoY
Op. Cash Flow (TTM)
-$12M
▼ -149.7% YoY
Net Debt
-$12M
Net Cash Position
Cash & Equiv.
$12M
Continue Research