Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Cost of revenue5¢$75.3K
- Research and development95¢$1.5M
Out of $77.0K in revenue.2 The company lost money this year.
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $04 | $05 | $05 | $06 | $07 | $08 | $503.9K2 | $77.0K2 |
| Cost of revenue | $08 | $344.3K2 | $75.3K2 | |||||
| Gross profit | $08 | $159.6K2 | -$1.5M2 | |||||
| Research and development | $1.0M4 | $1.0M5 | $993.8K5 | $2.3M6 | $2.0M7 | $1.6M8 | $1.6M2 | $1.5M2 |
| Operating expenses | $7.7M2 | $8.1M2 | ||||||
| Operating income | -$1.5M4 | -$1.6M5 | -$1.9M5 | -$4.5M6 | -$4.8M7 | -$4.6M8 | -$7.6M2 | -$9.6M2 |
| Income before tax | -$14.2M2 | -$14.1M2 | ||||||
| Income tax | $04 | $05 | $05 | $06 | -$614.4K7 | -$335.8K8 | -$350.3K2 | $02 |
| Net income | -$1.5M4 | -$1.6M5 | -$1.8M5 | -$4.5M6 | -$4.2M7 | -$6.3M8 | -$13.9M2 | -$14.1M2 |
| Earnings per share | -$0.592 | -$0.572 | ||||||
| Earnings per share (diluted) | -$0.592 | -$0.572 | ||||||
| Shares (weighted, basic) | 23.4M shares2 | 24.9M shares2 | ||||||
| Shares (weighted, diluted) | 23.4M shares2 | 24.9M shares2 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Cash | $7.6M12 | $911.4K5 | $822.3K6 | $3.7M7 | $106.1K8 | $31.9M8 | $17.7M2 | $10.1M2 |
| Inventory | $1.5M2 | $1.8M2 | ||||||
| Current assets | $9.6M12 | $2.8M4 | $6.0M5 | $4.5M6 | $844.9K7 | $34.0M8 | $20.1M2 | $13.5M2 |
| Property, plant and equipment | $532.5K2 | $641.9K2 | ||||||
| Intangible assets | $1.5M2 | $384.1K2 | ||||||
| Total assets | $9.7M12 | $7.4M4 | $6.3M5 | $4.8M6 | $1.2M7 | $35.2M8 | $22.1M2 | $14.6M2 |
| Accounts payable | $136.3K2 | $326.6K2 | ||||||
| Short-term debt | $19.2M2 | $16.9M2 | ||||||
| Current liabilities | $658.0K12 | $852.4K4 | $811.3K5 | $1.3M6 | $1.4M7 | $6.4M8 | $20.6M2 | $22.3M2 |
| Long-term debt | $24.9M7 | $02 | $3.1M2 | |||||
| Total liabilities | $2.1M12 | $2.0M4 | $2.1M5 | $2.5M6 | $2.5M7 | $26.9M8 | $21.6M2 | $26.4M2 |
| Retained earnings | -$37.7M2 | -$51.9M2 | ||||||
| Shareholders’ equity | $7.7M5 | $5.4M5 | $4.1M6 | $2.2M7 | -$1.3M8 | $8.4M2 | $466.1K2 | -$11.8M2 |
| Shares outstanding | 205.0M shares13 | 205.0M shares12 | 205.0M shares4 | 208.0M shares5 | 21.0M shares6 | 23.3M shares7 | 24.1M shares8 | 28.9M shares2 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -$1.2M4 | -$1.2M5 | -$2.1M5 | -$3.6M6 | -$3.4M7 | -$6.0M8 | -$6.5M2 | -$8.5M2 |
| Depreciation and amortization | $229.8K2 | $444.2K2 | ||||||
| Stock-based compensation | $220.9K2 | $02 | ||||||
| Capital spending | $9.4K4 | $6.5K5 | $05 | $59.7K6 | $157.8K7 | $90.7K8 | $481.7K2 | $376.2K2 |
| Free cash flow | -$1.2M | -$1.2M | -$2.1M | -$3.6M | -$3.6M | -$6.1M | -$7.0M | -$8.8M |
| Cash from investing | -$956.5K2 | -$539.2K2 | ||||||
| Cash from financing | -$6.4M2 | $2.1M2 |
Corporate structure
Nemaura Medical Inc. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Nemaura Medical Inc.
- Alyeska Investment Group, L.P. Filed SC 13G on Nemaura Medical Inc., latest Feb 14, 2024
- Nemaura Medical Inc. Manhattan, New York
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Nemaura Medical Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Machinery and equipment | $998.6K2 Mar 31, 2023 | $727.2K2 Mar 31, 2022 | +37.3% |
| Furniture and fixtures | $114.9K2 Mar 31, 2023 | $78.9K2 Mar 31, 2022 | +45.6% |
| Computer equipment and software | $655.6K2 Mar 31, 2023 | ||
| Property and equipment, before depreciation | $1.1M2 Mar 31, 2023 | $806.1K2 Mar 31, 2022 | +38.1% |
| Accumulated depreciation | $471.6K2 Mar 31, 2023 | $273.6K2 Mar 31, 2022 | +72.4% |
| Property and equipment, net | $641.9K2 Mar 31, 2023 | $532.5K2 Mar 31, 2022 | +20.5% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $10.1M2 Mar 31, 2023 | $17.7M2 Mar 31, 2022 | −43.1% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $384.1K2 Mar 31, 2023 | $1.5M2 Mar 31, 2022 | −74.1% |
| Finite-lived intangibles, gross | $897.2K8 Mar 31, 2022 | $391.5K8 Mar 31, 2021 | +129.2% |
| Accumulated amortization | $186.9K8 Mar 31, 2022 | $125.4K8 Mar 31, 2021 | +49.0% |
| Finite-lived intangibles, net | $384.1K2 Mar 31, 2023 | $1.5M2 Mar 31, 2022 | −74.1% |
| Patents, net | $1.1M8 Mar 31, 2022 | $516.9K8 Mar 31, 2021 | +109.7% |
Inventory
Leadership
Who has led Nemaura Medical Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerDewan Fazlul Hoque Chowdhury Dec 23, 2014 to Feb 1, 202214
- PresidentDewan Fazlul Hoque Chowdhury Dec 23, 2014 to Feb 1, 202214
- Chief financial officerJustin James McLarney Nov 2, 2021 to Feb 1, 202215
- Chief financial officerIain Anderson Jun 5, 2018 to Jun 5, 201816
- Chief operating officerArash Ghadar-Ghadr Jan 9, 2024 to Jan 9, 202417
Board members and other officers (7)
- Chief Business OfficerBashir Timol Jun 5, 2018 to Feb 1, 202218
- Director of FinanceJulie Pomeroy Dec 23, 2014 to Dec 23, 201419
- Director of FinanceKathryn Farrar Dec 23, 2014 to Dec 23, 201420
- Technical & Bus. Dev. ManagerRichard Toon Dec 23, 2014 to Dec 23, 201421
- Board memberSalim Natha Jun 5, 2018 to Feb 1, 202222
- Board memberBashir Timol Dec 23, 2014 to Feb 1, 202223
- Board memberDewan Fazlul Hoque Chowdhury Dec 23, 2014 to Feb 1, 202214
Timeline
- Sep 26, 20248-K Executive or director change; Regulation FD disclosure24
- May 17, 20248-K Shareholder vote25
- Apr 22, 20248-K Bylaws or fiscal year changed26
- Apr 10, 20248-K Entered a material agreement; Unregistered sale of shares; Executive or director change27
- Feb 26, 20248-K Shareholder vote28
- Jan 3, 20248-K Regulation FD disclosure29
- Jan 3, 20248-K Listing notice or transfer30
- Dec 13, 20238-K Regulation FD disclosure31
- Nov 21, 20238-K Entered a material agreement; New debt or obligation; Regulation FD disclosure32
- Nov 14, 20238-K Regulation FD disclosure33
- Nov 14, 20238-K Regulation FD disclosure34
- Nov 13, 20238-K Results of operations35
- Dec 23, 2014New chief executive Dewan Fazlul Hoque Chowdhury becomes CEO14
Calendar
When it reported results
- Nov 13, 2023Reported quarterly or annual results35
- Aug 14, 2023Reported quarterly or annual results36
- Jul 14, 2023Reported quarterly or annual results37
- Nov 14, 2022Reported quarterly or annual results38
- Jul 1, 2022Reported quarterly or annual results39
- Nov 15, 2021Reported quarterly or annual results40
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
101 filings to the SEC since October 2021: 3 annual reports, 10 quarterly reports, 44 major events, 11 insider forms, 1 large holders, 32 other. The latest 20:
- Sep 26, 20248-K EDGAR
- Jul 1, 2024DEF 14C DEFINITIVE 14C EDGAR
- Jul 1, 2024NT 10-K FORM 12B-25 EDGAR
- May 17, 20248-K EDGAR
- Apr 22, 20248-K EDGAR
- Apr 19, 2024PRE 14C EDGAR
- Apr 10, 20248-K EDGAR
- Feb 26, 20248-K EDGAR
- Feb 14, 2024SC 13G EDGAR
- Feb 12, 202410-Q EDGAR
- Jan 17, 2024DEFA14A DEFINITIVE 14A ADDTIONAL MATERIALS EDGAR
- Jan 17, 2024DEF 14A DEFINITIVE 14A EDGAR
- Jan 9, 20244 EDGAR
- Jan 9, 20243 EDGAR
- Jan 3, 20248-K EDGAR
- Jan 3, 20248-K EDGAR
- Dec 13, 20238-K EDGAR
- Dec 7, 2023PRE 14A PRELIMINARY 14A EDGAR
- Nov 21, 20238-K EDGAR
- Nov 14, 20238-K EDGAR
The 101 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
1 open-market trades by officers, directors and large owners since October 2021: 1 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jan 5, 2024 | Ghadar-Ghadr ArashChief Operating Officer | Buy | 100,000 | $0.14 | $14.0K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Alyeska Investment Group, L.P.SC 13G, 1 filing Feb 14, 202441
SEC filer profile
How Nemaura Medical Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARNemaura Medical Inc.1
- CIK0001602078
- Employer ID (EIN)46-50272601
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Fiscal year endsMarch 311
- Industry code (SIC)3841 Surgical & Medical Instruments & Apparatus1
- SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
- Business address57 West 57Th Street, Manhattan, NY 100191
- Phone44-1509-222-9121
- Shares outstanding28,899,402 as of Feb 12, 202411
- Public float$25.2M as of Mar 31, 20232
- On EDGAR sinceMar 28, 20141
- Filings276 in all: 8-K (123), 10-Q (30), 4 (13), 3 (12), UPLOAD (12), 424B5 (10), 10-K (9), CORRESP (9)1
All 33 form types
S-1/A (7), DEF 14A (6), EFFECT (6), CT ORDER (3), DEF 14C (3), NT 10-K (3), PRE 14C (3), S-3 (3), 10-K/A (2), 10-Q/A (2), 8-K/A (2), DEFA14A (2), PRE 14A (2), S-1 (2), SC 13G (2), 25-NSE (1), 424B3 (1), 424B4 (1), 424B8 (1), 8-A12B (1), 8-A12G (1), CERT (1), NT 10-Q (1), POS AM (1), S-3/A (1)
- Latest filingsAnnual report (10-K) Jul 13, 2023
Quarterly report (10-Q) Feb 12, 2024
Proxy statement (DEF 14A) Jan 17, 2024
Latest 8-K (8-K) Sep 26, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 18SEC EDGARBashir Timol, Chief Business Officer
- 19SEC EDGARJulie Pomeroy, Director of Finance
- 20SEC EDGARKathryn Farrar, Director of Finance
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- 22SEC EDGARSalim Natha, Board member
- 23SEC EDGARBashir Timol, Board member
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- 25SEC EDGARShareholder vote
- 26SEC EDGARBylaws or fiscal year changed
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- 28SEC EDGARShareholder vote
- 29SEC EDGARRegulation FD disclosure
- 30SEC EDGARListing notice or transfer
- 31SEC EDGARRegulation FD disclosure
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- 33SEC EDGARRegulation FD disclosure
- 34SEC EDGARRegulation FD disclosure
- 35SEC EDGARResults of operations
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