Pro-Dex, Inc. (PDEX) Bundle
A Brief History of Pro-Dex, Inc. (PDEX)
Company Overview
Pro-Dex, Inc. is a medical device and industrial instrument manufacturer located in Irvine, California. The company is publicly traded on the NASDAQ under the ticker symbol PDEX.
| Fiscal Year 2023 Key Metrics | Amount |
|---|---|
| Total Revenue | $42.1 million |
| Net Income | $3.2 million |
| Earnings Per Share | $0.87 |
| Market Capitalization | $127.5 million |
Business Segments
Pro-Dex operates in two primary business segments:
- Medical Device Manufacturing
- Industrial Instrument Manufacturing
Financial Performance
| Financial Metric | 2022 | 2023 |
|---|---|---|
| Total Revenue | $38.6 million | $42.1 million |
| Gross Margin | 36.7% | 38.2% |
| Operating Income | $4.1 million | $4.5 million |
Shareholder Information
As of December 31, 2023, Pro-Dex had the following shareholder details:
- Outstanding Shares: 3.68 million
- Institutional Ownership: 42.3%
- Insider Ownership: 15.6%
Who Owns Pro-Dex, Inc. (PDEX)
Major Shareholders
| Shareholder Name | Number of Shares | Percentage of Ownership |
|---|---|---|
| John M. Alcalde | 1,141,169 | 33.50% |
| Dimensional Fund Advisors LP | 139,748 | 4.10% |
| BlackRock Inc. | 114,710 | 3.37% |
Insider Ownership
As of the most recent filing, the following executives hold significant ownership stakes:
- John M. Alcalde (President and CEO): 33.50%
- Victor Pascucci III (Chairman): 5.12%
Institutional Ownership
Total institutional ownership stands at 16.43% as of the latest reporting period.
| Institutional Investor | Shares Held |
|---|---|
| Dimensional Fund Advisors LP | 139,748 |
| BlackRock Inc. | 114,710 |
| Renaissance Technologies LLC | 37,600 |
Ownership Structure
Pro-Dex, Inc. (NASDAQ: PDEX) is a publicly traded company with a significant portion of shares held by insiders and institutional investors.
Pro-Dex, Inc. (PDEX) Mission Statement
Company Overview
Pro-Dex, Inc. is a medical device and industrial instrument manufacturing company headquartered in Anaheim, California. As of fiscal year 2023, the company reported:
| Financial Metric | Amount |
|---|---|
| Total Revenue | $37.4 million |
| Net Income | $3.2 million |
| Market Capitalization | $88.6 million |
Core Business Segments
- Medical Device Manufacturing
- Industrial Instrument Production
- Precision Machining Services
Mission Statement Components
Strategic Focus Areas:
- Delivering high-precision manufacturing solutions
- Maintaining quality engineering standards
- Supporting medical and industrial sectors
Key Performance Metrics
| Performance Indicator | 2023 Value |
|---|---|
| Gross Margin | 42.3% |
| Research & Development Investment | $2.1 million |
| Employee Count | 176 employees |
Operational Locations
- Primary Facility: Anaheim, California
- Manufacturing Facilities: United States
How Pro-Dex, Inc. (PDEX) Works
Company Overview
Pro-Dex, Inc. is a medical device and industrial instrument manufacturer headquartered in Irvine, California. The company trades on the NASDAQ under the ticker PDEX.
Financial Performance
| Fiscal Year 2023 Metrics | Amount |
|---|---|
| Total Revenue | $42.1 million |
| Net Income | $3.2 million |
| Earnings Per Share | $0.87 |
Product Segments
- Medical Device Manufacturing
- Dental Handpiece Repair Services
- Industrial Instrument Production
Manufacturing Capabilities
Pro-Dex operates a 35,000 square foot manufacturing facility in Irvine, California.
Key Product Lines
- Surgical Instrument Components
- Precision Machined Parts
- Dental Handpiece Repair Systems
Market Position
| Market Metric | Value |
|---|---|
| Market Capitalization | $130.5 million |
| Stock Price (as of January 2024) | $24.75 |
Operational Details
The company employs approximately 180 full-time employees across its manufacturing and service operations.
How Pro-Dex, Inc. (PDEX) Makes Money
Revenue Streams
Pro-Dex, Inc. generates revenue through two primary business segments:
- Medical Devices Division
- Dental/Medical Instrument Manufacturing
Medical Device Manufacturing
Financial performance for medical device segment:
| Fiscal Year | Total Revenue | Segment Contribution |
|---|---|---|
| 2023 | $20.4 million | 62% of total revenue |
| 2022 | $18.7 million | 59% of total revenue |
Product Portfolio
- Surgical drill systems
- Precision handheld medical instruments
- Dental procedure equipment
Manufacturing Capabilities
Manufacturing locations: Tustin, California
| Metric | Value |
|---|---|
| Annual Production Capacity | 50,000 medical devices |
| Manufacturing Efficiency | 92% utilization rate |
Financial Performance
Fiscal Year 2023 Key Metrics:
- Total Revenue: $32.9 million
- Gross Margin: 37.5%
- Net Income: $2.1 million
Customer Base
Primary customer segments:
- Orthopedic surgeons
- Dental practices
- Medical device distributors
Pro-Dex, Inc. (PDEX) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.