Finesse Medical
Financials
Estimates*
EUR | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|---|---|
Revenues | - | 13.4m | 15.8m | 16.9m | 16.8m | 18.3m | 29.0m |
% growth | - | - | 18 % | 7 % | (1 %) | 9 % | 58 % |
EBITDA | <1m | 1.9m | 2.7m | <1m | (1.5m) | (2.6m) | (<1m) |
% EBITDA margin | - | 14 % | 17 % | 3 % | (9 %) | (14 %) | (1 %) |
Profit | (<1m) | 1.4m | 2.1m | <1m | (1.7m) | (3.2m) | (1.3m) |
% profit margin | - | 10 % | 14 % | 1 % | (10 %) | (17 %) | (5 %) |
R&D budget | - | 3.0m | 4.0m | - | - | - | - |
R&D % of revenue | - | 22 % | 25 % | - | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
€371k | Grant | ||
N/A | Acquisition | ||
Total Funding | €371k |
Recent News about Finesse Medical
EditFinesse Medical, accessible via finessemedical.com, is a dynamic player in the healthcare sector, specializing in advanced wound care products. The company operates primarily in the medical supplies market, offering innovative solutions for post-operative care and infection control. Finesse Medical serves a diverse clientele, including hospitals, clinics, and healthcare providers, as well as Original Equipment Manufacturers (OEMs) who seek private labeling options for their products.
The company’s business model revolves around the development, manufacturing, and distribution of high-quality medical dressings and related products. One of their key offerings includes post-operative dressings with CHG (Chlorhexidine Gluconate) antimicrobial properties, which help prevent infections in surgical wounds. Finesse Medical also provides a product advisor tool on their website, guiding customers through a series of questions to find the most suitable products for their needs.
Finesse Medical generates revenue through direct sales to healthcare institutions and through partnerships with OEMs. By offering private labeling services, they allow other companies to market Finesse Medical’s products under their own brand names, thereby expanding their market reach and revenue streams. Additionally, the company engages in philanthropic activities, such as donating face shields to healthcare facilities during the COVID-19 pandemic, which enhances their brand reputation and customer loyalty.
In summary, Finesse Medical is a forward-thinking company in the healthcare industry, focusing on advanced wound care solutions and infection prevention. They cater to a wide range of healthcare providers and OEMs, leveraging innovative products and strategic partnerships to drive revenue and growth.
Keywords: healthcare, wound care, post-operative dressings, antimicrobial, infection control, OEM, private labeling, medical supplies, product advisor, COVID-19 donations.