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Allied Healthcare Products Inc (PK:AHPIQ)

Business Focus: Advanced Medical Equipment & Technology

Sector:  Healthcare Industry:  Advanced Medical Equipment & Technology
 
See Regulatory Filings on SEC
Company Contact
Address: 1720 Sublette Ave
ST. LOUIS MO 63110-1927
Tel: N/A
Website: https://www.alliedhpi.com
IR: See website
Key People
Akash Amin
President, Chief Restructuring Officer
Daniel C. Dunn
Chief Financial Officer, Vice President - Finance, Treasurer, Secretary
Mark Welch
Vice President, Assistant Chief Restructuring Officer
Business Overview
Allied Healthcare Products, Inc. manufactures a variety of respiratory products used in the health care industry in a range of hospital and alternate site settings, including sub-acute care facilities, home health care and emergency medical care. The Company's product lines include respiratory care products, medical gas equipment and emergency medical products. Its suction regulators and aspirators include Chemetron Vacuum Traps, Disposable Collection Canisters, Gomco Suction Equipment, Gomco OptiVac AC/DC Portable Suction Unit, Gomco 305 Aspirator, Gomco Tabletop Aspirator Model 300, Gomco General Use Aspirators Models 3020 & 3040, and Gomco Uterine Aspirators Models 3930 & 4072. Its ventilators include AHP300 Transport Ventilator, EPV100/EPV200 Emergency Preparedness Ventilators, LSP AutoVent 2000/3000 Transport Ventilator, and LSP AutoVent 4000 Transport Ventilator. Its emergency medical products are used in the treatment of trauma-induced injuries.
Financial Overview
For the fiscal year ended 30 June 2022, Allied Healthcare Products Inc revenues decreased 25% to $27M. Net loss totaled $5.4M vs. income of $1.7M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Payroll Protection Program loan forgiven decrease from $2.4M (income) to $0K, Interest Income remaining flat at $0K.