COMPANY NAME

INDUSTRY/ VERTICALS

investment theme

Omnicell

Medication management, Pharmacy technology. Medical Technology

(1) Health Care Automation

(2) Autonomous Pharmacy

VMWARE STORY

AVORY BRIEF (5 MIN)

Disclaimer: Avory & Company was an investor in the company above at the time of this writing, however, this may change at any time.

This is not a recommendation of the purchase or sale of any securities mentioned. 

 

Randall Lipps: Chief Executive Officer

Randall Lipps is Chairman, President, Chief Executive Officer, and founder of Omnicell. Under his leadership, Omnicell has grown from offering a single product to delivering the most comprehensive portfolio of medication management solutions across the continuum of care. The company is now building on its success in advanced automation, data intelligence, and expert services to fulfill its vision of the Autonomous Pharmacy.

Peter Kuipers: Chief Financial Officer

Peter Kuipers joined Omnicell in August 2015. Mr. Kuipers had served as CFO at Quantcast Corporation, a world leader in applying the power of big data and analytics to digital audience measurement and advertising. Previously he served as Executive Vice President and CFO at The Weather Company (TWC), operating The Weather Channel, weather.com, wunderground.com and its professional services division WSI. 

 
 
 
 
 
 
 
 
 
 

METRICS

ORGANIC GROWTH WITH MARGIN EXPANSION ON THE HORIZON

Omnicell has become a reliable organic grower with a path towards $1.5B in annual revenue along with widening margins. They plan to roll out an analytics software platform that we saw during their investor day. It looks promising if executed, and is not factored into our views at the moment. The company remains well-capitalized after taking on debt years back to fund acquisitions, however, they are now in a net cash position. 

Disclaimer: Avory & Company was an investor in the company above at the time of this writing, however, this may change at any time. This is not a recommendation of the purchase or sale of any securities mentioned.