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ElectroCore's peak revenue was $25.2M in 2024. The peak quarterly revenue was $7.0M in 2024(q4).
ElectroCore's revenue increased from $811.5k in 2017 to $25.2M currently. That's a 3,003.31% change in annual revenue.
| Fiscal year / year | ElectroCore revenue |
|---|---|
| 2017 | $811,457 |
| 2018 | $992,953 |
| 2019 | $2.4M |
| 2020 | $3.5M |
| 2021 | $5.5M |
| 2022 | $8.6M |
| 2023 | $16.0M |
| 2024 | $25.2M |
Rate ElectroCore's financial transparency
ElectroCore saw the greatest revenue growth in 2020, when revenue increased by 146,152.05%.
ElectroCore had the lowest revenue growth in 2021, when revenue changed by -99.84%.
| Year | ElectroCore growth |
|---|---|
| 2018 | 22%↑ |
| 2019 | 141%↑ |
| 2020 | 46%↑ |
| 2021 | 56%↑ |
| 2022 | 58%↑ |
| 2023 | 87%↑ |
| 2024 | 57%↑ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2018 | - | $393,226 | $150,972 | $367,568 |
| 2019 | $409,601 | $622,743 | $682,993 | $674,942 |
| 2020 | $733,771 | $752,955 | $1.1M | $928,265 |
| 2021 | $1.2M | $1.3M | $1.5M | $1.5M |
| 2022 | $1.9M | $2.2M | $2.0M | $2.6M |
| 2023 | $2.8M | $3.6M | $4.5M | $5.2M |
| 2024 | $5.4M | $6.1M | $6.6M | $7.0M |
Do you work at ElectroCore?
Did ElectroCore meet its revenue projections?
| CEO | Daniel S. Goldberger |
| Company Type | Public |
| Employees Number | 50 |
| Headquarters | Bernards, New Jersey |
| Revenue | $25.2M |
| Net Income | -$22,162,000 |
| Gross Proft | $21.4M (2024) |
| Tax Rate | 0.0% |
| Total Assets | $24,756,000 |
| Ticker | ECOR |
ElectroCore received early financing of $500.0K on 2012-11-26.
| Series | Round size | Date |
|---|---|---|
| Seed | $500K | 11/2012 |
| Series A | $55M | 06/2014 |
| Debt Financing | $1.5M | 08/2016 |
| Series B | $36M | 09/2017 |
| Series B | $34M | 11/2017 |
| Post Ipo Equity | $464K | 05/2020 |
| Post Ipo Equity | $18M | 06/2021 |
| Investors | Security type |
|---|---|
| MERCK & CO., INC. | Series A |
| Core Ventures Group | Series A |
| Easton Capital | Series A |
| Knoll Capital Management | Series B |
| MERCK & CO., INC. | Series B |
| American Investment Holdings | Series B |
| The Vinik Family Foundation | Series B |
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Calypso Medical | $50,403 | $23.0M | 100 | - |
| Zynex Medical | $51,808 | $192.4M | 283 | 1 |
| VNUS Medical Technologies | $59,735 | - | 318 | - |
| Curon Medical, Inc. | - | - | 20 | - |
| PhotoMedex | $46,679 | $12.0M | 70 | - |
| Non-Invasive Monitoring System | - | $6,000 | 1 | - |
| Cyberonics | $86,285 | $291.6M | 660 | - |
| P1 Technologies | $42,773 | $940,000 | 200 | - |
| Lakeshore Display MFG. CO. | $47,299 | $4.7M | 50 | - |
| Southern Aluminum | $42,619 | $25.3M | 350 | - |
Zippia gives an in-depth look into the details of ElectroCore, including salaries, political affiliations, employee data, and more, in order to inform job seekers about ElectroCore. The employee data is based on information from people who have self-reported their past or current employments at ElectroCore. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by ElectroCore. The data presented on this page does not represent the view of ElectroCore and its employees or that of Zippia.
ElectroCore may also be known as or be related to ELECTROCORE, INC., ElectroCore and ElectroCore, LLC.