RVPNYSESurgical & Medical Instruments & ApparatusUS GAAP · USD

Retractable Technologies, Inc

Retractable Technologies Inc. designs and manufactures safety-engineered injection devices, including syringes and needles, for healthcare use. The company serves domestic and international customers from the United States and also sources some finished goods through manufacturing arrangements in China.

Liikevaihto38,3milj. USD
+15,8 %v/v
Liikevoitto (EBIT)−21,2milj. USD
−0,3 %v/v
EBIT-marginaali−55,3%
+8,5 %-yks.v/v
Nettotulos−12,6milj. USD
−5,7 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−50050100150200milj. USD2020: 82 milj. USD2020: EBIT 24 milj. USD20202021: 188 milj. USD2021: EBIT 73 milj. USD20212022: 95 milj. USD2022: EBIT −0,85 milj. USD20222023: 44 milj. USD2023: EBIT −11 milj. USD20232024: 33 milj. USD2024: EBIT −21 milj. USD20242025: 38 milj. USD2025: EBIT −21 milj. USD202538−21
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Safety syringes55 %

Injection syringes used for vaccination and general medical administration, including domestic production.

Needles and sharps products20 %

Needles and related safety-engineered sharps products sold to healthcare customers.

EasyPoint® products15 %

EasyPoint® safety needle products used in healthcare settings and retail pharmacy channels.

International sales10 %

Products sold to overseas customers, including some shipments sourced from China.

Tuotteet

Raportoitu · osuus liikevaihdosta
65,1%31,2%FY2025100 %
  • Syringes65,1 %
  • Easy Point Needles31,2 %
  • Blood Collection Products3,6 %
  • Other Products0,1 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

The company sells primarily into healthcare distribution channels, including general line distributors and retail pharmacy customers. It also serves domestic customers tied to vaccination programs and international buyers that purchase selected syringe and needle products. Demand can vary by flu season, vaccination activity, and distributor inventory levels.

General line distributors

Buy syringes and needles for resale into healthcare supply chains and manage inventory based on demand.

Retail pharmacy customers

Buy EasyPoint® products for vaccination and flu-season use, where seasonal demand can be important.

Vaccination program customers

Purchase syringes and related products for immunization campaigns and public health use.

International healthcare customers

Buy selected syringe and needle products, including discounted EasyPoint® sales in some markets.

Strategia

The company’s strategic focus is to expand domestic manufacturing capacity and reduce reliance on imported finished goods. It also seeks to manage product mix, seasonal demand, and distributor relationships while preserving liquidity through operations, investments, and other available sources of cash.

Increase domestic manufacturingLyhyt aikaväli

Reduces dependence on imported supply and supports tariff-sensitive products.

Optimize product mixKeskipitkä aikaväli

Syringes and EasyPoint® products can support better pricing and demand patterns.

Preserve liquidityLyhyt aikaväli

Operations, tariffs, and capital spending require flexible funding sources.

Maantiede

Q3/2024

Retractable Technologies is based in the United States, where it also manufactures a meaningful portion of its products. The company sells internationally as well, and some products are sourced from China or shipped directly from China to customers, creating exposure to trade policy and cross-border supply chains.

USA100 %

Riskit

The business is exposed to tariff policy, supply-chain disruption, and the cost of shifting more production into the United States. It also faces demand volatility from vaccination trends, distributor inventory swings, and seasonal flu patterns, while accounting estimates for rebates and inventory write-offs can affect reported results.

Järjestetty vakavuuden mukaan
Tariffs on China-imported productsKorkea

Imported syringes, needles, and other products are exposed to high tariff rates.

Kohdistuu: Products sourced from China

Distributor inventory overhangKorkea

Customers may hold excess vaccination inventory, reducing reorder demand.

Kohdistuu: Domestic syringe sales

Manufacturing transition riskKorkea

Moving production domestically requires equipment, molds, and workforce ramp-up.

Kohdistuu: U.S. manufacturing operations

Seasonal and vaccination demand swingsKeskitaso

Flu season and public acceptance of vaccinations drive volume variability.

Kohdistuu: Syringes and EasyPoint® products

Rebate and inventory reserve estimationKeskitaso

Distributor rebates and inventory-related write-offs depend on judgment and assumptions.

Kohdistuu: Accounts payable and cost of sales

Kirjanpito

Harkinnanvaraiset erät
Customer rebate reserves

Management estimates future credits using distributor history, inventories, and redemption rates.

Vaikutus: Can materially affect accounts payable and net income

Inventory valuation and write-offs

Products nearing expiration may require write-downs or higher expense recognition.

Vaikutus: Affects cost of manufactured product and gross margin

Fair value of debt and equity securities

Unrealized gains and losses flow through earnings and can dominate period results.

Vaikutus: Affects net income and operating cash flow reconciliation

Tariff-related cost capitalization/expense

Tariffs on imported products are included in product cost and affect period comparability.

Vaikutus: Raises cost of sales and reduces reported margins

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 29.4.2026