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Company Profile: Revenue, Growth, Competition

ELECTROCORE - Revenue, Growth & Competitor Profile

150 Allen Rd Ste 201
Basking Ridge, NJ 07920

www.electrocoremedical.com
Last updated:

Company Awards

Brain Power (IP)
Patent/Trademark IP
 
VC / Private Equity
Venture Capital / Private Equity

Company Profile & Financial Information for Electrocore

Access the complete profile.


Fast Facts

Revenue$1 - $10 million    Exact Revenue in Premium Report
Employees10 - 100Exact Employee Count Available in Premium Report
Primary Industry541 Legal Services
Note: Revenues for privately held companies are statistical evaluations.


Electrocore's Business Operations Profile shows critical firmographic facts:
  • What is the company's size? (Revenue and employees)
  • What industry is the company in?

Electrocore Revenue and Growth Rate

Electrocore Revenue Est.
($ Million)
Growth Rate (%)# Employees
2016 Details in Premium Report
2015
2014
2013
2012


1-Year Growth Rate:
3-Year Growth Rate (CAGR):
Premium Report

Note: Electrocore's revenues are gauged from an analysis of company filings.



Investor Activity

Electrocore has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date Investors Percent Raised Target Size
December 5, 2017 94 95%$75 MM
Complete list of funding rounds and total amounts in the Company Report




Electrocore's Income Statement (based on Industry Averages)

$ Millions
(Industry Average)
Electrocore Revenue (Sales) Electrocore Premium Report
Cost of Goods Sold
Gross Profit

Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit
 


Trademark Applications

Trademark applications show the products and services that Electrocore is developing and marketing. Electrocore's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.

Trademark Date
GAMMACORE SAPPHIRE
Medical devices/apparatus, namely, nerve and/or muscle tissue stimulators; medical devices for treating diseases and disorders, by electrically stimulating or modulating nerve and/or muscle tissue
GAMMACARE
Insurance consulting and information services, namely, providing information in the fields of understanding health insurance coverage, copay issues, and reimbursement options, and assisting with copay issues
ACTIVATE RELIEF FROM THE OUTSIDE IN
Medical devices/apparatus, namely, nerve and/or muscle tissue stimulators; medical devices for treating diseases and disorders, by electrically stimulating or modulating nerve and/or muscle tissue

See all trademarks and details in the Full Report.


Patent Applications

Patent applications show Electrocore's intellectual property, its current capabilities and future direction. Electrocore has applied for 97 patents since 2009. Electrocore's most recent patent was filed in June 2017 for Systems And Methods For Vagal Nerve Stimulation. In a device, system and method for electrical stimulation of the vagus nerve to treat or prevent disorders in a patient, the device comprises a handheld device having one or more electrode interfaces for contacting the outer skin surface of a patient, and a power source and a signal generator coupled to the electrode/interfaces for applying one or more electrical impulses to a deep nerve within the patient, such as the vagus nerve. In certain embodiments, the device further comprises a filter situated in series between the signal generator and the electrode/interfaces for filtering out undesired high frequency components of the electrical impulses to create a cleaner, smoother signal. The filter may comprise an electrically conductive medium and/or a low-pass filter between the signal generator and the electrode/interface.


Patent Application Date
Complete list of patent applications




Recession Risk

Determine whether Electrocore grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof Electrocore is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.



Market Share of Competition: Electrocore vs. Largest Competitors

A competitive analysis shows these companies are in the same general field as Electrocore, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company HeadquartersRevenue ($ MM)
UNITED HEALTHCARE SERVICESMinnetonka, MN100 
INTERNATIONAL BUSINESS MACHINESYorktown Heights, NY37 
ALLEGIS GROUPHanover, MD28 
ORACLERedwood Shores, CA19 
SCHLUMBERGER TECHNOLOGYHouston, TX14 
RANDSTAD NORTH AMERICAAtlanta, GA12 




Nearby Competitors

These companies are similar in business line and location to Electrocore. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company HeadquartersRevenue ($ MM)
COLLABERABasking Ridge, NJ100 
ARTECH INFORMATION SYSTEMSMorristown, NJ51 
LOUIS BERGER KYOWA JVMorristown, NJ37 
BERGER GROUP HOLDINGSMorristown, NJ32 
ELUOJ INC. FORMERLY JOULEMorristown, NJ22 
CEGEDIMBedminster, NJ16 




Similar Sized Companies near Basking Ridge

These are similar in size and location to Electrocore.

Company HeadquartersRevenue ($ MM)
FERRIERO ENGINEERINGChester, NJ99 
DUSENBERY ENGINEERINGMorristown, NJ99 
CHESHIRE HOME 2Florham Park, NJ100 
PATTERSON SMITH ASSOCIATESMorristown, NJ100 
CREO CONSTRUCTION SERVICESChester, NJ100 
UNITED STATES EQUESTRIAN TEAM FOUNDATIONGladstone, NJ100 
TRIEN ROSENBERG WEINBERG CIULLO & FAZZARIFlorham Park, NJ98 
QUAKER PET GROUPWhippany, NJ97 
HARVEST RESTAURANT GROUPMorris Plains, NJ97 
LOIS SCHNEIDER REALTORSummit, NJ96 
MARKETSMITHCedar Knolls, NJ96 
CYBER X DESIGNSSummit, NJ96 




Fastest Growing Competitors

These companies are in the same general field as Electrocore and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

CompanyRevenue ($ MM)
Electrocore Competitors