Dynatronics Corporation

Dynatronics Corporation is focused on developing and manufacturing advanced therapeutic equipment, offering innovative solutions in electrotherapy and light therapy for healthcare providers. Founded in 1979 in Salt Lake City, US, Dynatronics Corporation specializes in therapeutic equipment development. The company's latest funding round was a PIPE in December 2016, raising USD 0. 98 mn from Prettybrook Partners.

Dynatronics has successfully executed 2 deals, maintaining a consistent focus on therapeutic innovation. Dynatronics Corporation specializes in the development and manufacturing of advanced therapeutic equipment, with a primary focus on electrotherapy and light therapy modalities. Their flagship product, the Solaris Plus, integrates electrotherapy, TriWave Light, and ultrasound capabilities, offering comprehensive treatment solutions for clinics, hospitals, and athletic training facilities. The devices address clinical needs such as pain reduction, functional improvement, and soft tissue mobilization, enhancing traditional treatment protocols.

The company serves a range of healthcare providers, including physical therapists, athletic trainers, and rehabilitation centers, particularly in North America and select international markets. In the most recent year, Dynatronics reported revenue of USD 32. 53 mn, with an EBITDA of USD -0. 82 mn.

The company generates revenue through direct sales of therapeutic products to healthcare facilities, engaging in business-to-business transactions to support patient care; pricing strategies reflect a competitive approach within the industry and a commitment to enhancing therapeutic outcomes. Dynatronics plans to utilize the funds raised in the recent PIPE round to support upcoming product launches and market expansions. The company is designing new therapeutic solutions aimed at enhancing its existing product line, with plans for release in 2024. Furthermore, Dynatronics is targeting growth in both domestic and select international markets, building on its established presence since 1979, as it continues to expand its reach in providing advanced therapeutic equipment.