HESKA

HESKA

Heska develops medical devices to improve the quality of pet care and to ensure positive outcomes for veterinarians and their patients. Learn more

Launch date
Employees
Market cap
€1.2b
Enterprise valuation
€1.2b (Public information from Jun 2023)
Loveland Colorado (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD201720182019202020212022
Revenues129m127m123m197m254m257m
% growth-(1 %)(4 %)61 %29 %1 %
EBITDA23.4m8.7m5.4m4.0m14.3m(3.7m)
% EBITDA margin18 %7 %4 %2 %6 %(1 %)
Profit10.0m5.9m(1.5m)(14.4m)(1.1m)(19.9m)
% profit margin8 %5 %(1 %)(7 %)-(8 %)
R&D budget2.0m3.3m8.2m8.8m7.0m19.8m
R&D % of revenue2 %3 %7 %4 %3 %8 %
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DateInvestorsAmountRound
N/A

N/A

IPO
N/A

$3.6m

Early VC
*
N/A

$175m

Post IPO Equity
*

$1.3b

Valuation: $1.3b

5.0x EV/LTM Revenues

-353.5x EV/LTM EBITDA

Acquisition
Total Funding€3.3m

Recent News about HESKA

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More about HESKAinfo icon
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Heska Corporation specializes in providing advanced diagnostic solutions to pet healthcare providers. The company operates in the veterinary diagnostics market, offering a range of products including state-of-the-art chemistry, hematology, and blood gas electrolyte test systems. Heska's diagnostic laboratory suite is designed to deliver rapid and reliable results, enhancing the efficiency and profitability of veterinary practices. The company's digital imaging solutions bring superb quality imaging and fast, accurate diagnosis to the point of care, further supporting veterinarians in their clinical decisions. Heska's Reset program aims to reduce costs for in-clinic blood testing and analysis by up to 40% compared to other competitive in-house diagnostic laboratory services. The business model is primarily based on selling diagnostic equipment and consumables, as well as offering subscription-based services for continuous support and updates. Heska generates revenue through direct sales to veterinary practices and through partnerships with veterinary distributors. The company's commitment to integrating the latest generation technologies ensures that pet healthcare providers can offer the best possible care to their patients.

Keywords: veterinary diagnostics, lab results, digital imaging, pet healthcare, hematology, chemistry tests, blood gas analysis, cost reduction, AI microscopy, point-of-care.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by HESKA

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LightDeck Diagnostics
ACQUISITION by HESKA Sep 2022
Cuattro Veterinary Usa
ACQUISITION by HESKA Feb 2013
Scil animal care
ACQUISITION by HESKA Jan 2020