Medcomtech, S.A. Reports Earnings Results for the Full Year Ended December 31, 2020
May 15, 2021 at 01:10 am EDT
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Medcomtech, S.A. Announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was EUR 17.171 million compared to EUR 16.820 million a year ago. Operating loss was EUR 157,278 compared to operating Income of EUR 8.766 million a year ago. Net loss was EUR 1.838 million compared to net income of EUR 4.161 million a year ago.
Medcom Tech SA is a Spain-based company primarily engaged in the distribution and wholesale of technologically advanced products in the areas of Orthopedics, Biologicals, Traumatology and Neurosurgery in Spain, Portugal and Italy. The Company comprises of four departments: Department of Goods, Department of medical professionals, Department of Administration and Logistics and Department of Finance. The product range offered by the Company includes devices treating spine disorders (Dervical, Dorsal of Lumbar pathologies), thousands of patented prosthetic implants for surgery, implants used to synthesize fractures, prosthetic implants for upper limb and foot, as well as medical instruments and precision accessories, among others. The Company also has a license to distribute the patents of such companies as United Ortopedic Corporation, K2M, Bone Support, PAN Medical Ltd, Ranier Technology Ltd, Ascencion Orthopedics and Extremity Medical LLC, among others.