Zynex Medical Electrotherapy Pain Management and Growth Strategy
Zynex Medical Overview
Background
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NASDAQ:ZYXI (Listed 2019)
Included in Russell 2000 (2019)
Listed on OTCQB from 2004-2018
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Included in S&P SmallCap 600 (2020)
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Founded By Thomas Sandgaard – CEO and Chairman
. Medical Device Manufacturer - 25 Years
• HQ - Englewood, Colorado
Business Units
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ZYNEX MEDICAL (ZMI)
Non-invasive electrotherapy pain management devices "TENS" (>90% of billings¹)
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• 76% gross profit margin¹
Greater than 75% recurring revenue base¹ - supplies (electrodes/batteries) and leased devices
Rx required, insurance billed
ZYNEX NEURODIAGNOSTICS (ZND)
EEG, EMG diagnostics B:B products (<2% of historical billings)
NeuroMove Stroke Rehab product
• ZYNEX MONITORING SOLUTIONS (ZMS)
FDA-cleared, non-invasive blood volume monitor (Zero revenue)
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Based on Q1 2021 results
ZYNEX
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