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Encision Inc (ECIA)
OTHER OTC:ECIA
US Market
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Encision (ECIA) AI Stock Analysis

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ECIA

Encision

(OTC:ECIA)

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Underperform 39 (OpenAI - Gpt-5.6Sol)
Rating:39Underperform
Price Target:
$0.04
▼(-80.00% Downside)
Action:Downgraded
Date:09/07/26
The score is driven primarily by weak financial performance (declining revenue, widening losses, and negative cash flow) and bearish technical conditions (below key moving averages with negative MACD), partially offset only modestly by the fact that gross margins remain healthy and the balance sheet still has positive equity despite rising leverage.
Positive Factors
Recurring disposable-product revenue
Sales of disposable components create a usage-driven revenue model linked to procedure volumes, allowing repeat purchases rather than relying solely on large, infrequent equipment orders. This structure can support customer continuity and recurring demand when surgical activity remains stable.
Negative Factors
Persistent revenue decline
Several years of shrinking revenue, including another decline of about 8% in the latest period, indicate weakening commercial momentum rather than a temporary fluctuation. Continued contraction can reduce scale, limit investment capacity, and make it harder for fixed costs to be absorbed.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring disposable-product revenue
Sales of disposable components create a usage-driven revenue model linked to procedure volumes, allowing repeat purchases rather than relying solely on large, infrequent equipment orders. This structure can support customer continuity and recurring demand when surgical activity remains stable.
Read all positive factors

Encision (ECIA) vs. SPDR S&P 500 ETF (SPY)

Encision Business Overview & Revenue Model

Company Description
Encision Inc. (ECIA), established in 1991 and headquartered in Boulder, Colorado, operates as a medical device firm specializing in the development, manufacturing, and commercialization of proprietary surgical instruments for the U.S. market. The ...
How the Company Makes Money
Encision generated revenue primarily by selling its surgical device products to hospitals and surgical centers for use during procedures. The company’s business model relied on recurring sales of disposable, single-use components consumed per proc...

Encision Financial Statement Overview

Summary
Overall fundamentals are weak: revenue continues to decline (~-8% latest year), profitability is negative (net margin ~-12%), and cash generation is poor with negative operating and free cash flow. Gross margin remains solid (~47%), and equity is still positive, but rising leverage (debt ~1.19x equity) and deeply negative returns materially increase risk.
Income Statement
28
Negative
Balance Sheet
40
Negative
Cash Flow
25
Negative
BreakdownTTMMar 2026Jun 2025Jun 2024Mar 2023Mar 2022
Income Statement
Total Revenue2.74M5.78M6.56M6.59M7.35M7.67M
Gross Profit1.29M2.71M3.51M3.14M4.03M3.79M
EBITDA-177.75K-542.60K-95.08K-544.20K-217.51K55.10K
Net Income-243.57K-719.08K-220.20K-691.78K-366.00K463.34K
Balance Sheet
Total Assets3.51M3.70M3.67M3.81M4.13M4.79M
Cash, Cash Equivalents and Short-Term Investments170.76K245.11K257.43K42.51K189.00K950.00K
Total Debt1.56M1.70M1.31M1.33M1.08M1.15M
Total Liabilities2.05M2.27M2.02M1.98M1.64M2.05M
Stockholders Equity1.46M1.43M1.65M1.83M2.50M2.75M
Cash Flow
Free Cash Flow51.41K-427.64K-134.97K107.57K-1.04M-480.00K
Operating Cash Flow37.28K-384.42K-54.95K144.39K-861.00K-444.00K
Investing Cash Flow-42.99K-45.62K-80.03K-36.82K-183.00K-36.00K
Financing Cash Flow-109.08K417.72K349.90K-254.02K284.00K-44.00K

Encision Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.19
Price Trends
50DMA
0.09
Negative
100DMA
0.12
Negative
200DMA
0.16
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
41.26
Neutral
STOCH
>-0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ECIA, the sentiment is Negative. The current price of 0.19 is above the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.09, and above the 200-day MA of 0.16, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 41.26 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ECIA.

Encision Risk Analysis

Encision disclosed 14 risk factors in its most recent earnings report. Encision reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Encision Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
50
Neutral
$8.01M-0.69-88.90%72.50%58.34%
43
Neutral
$9.38M-0.01-18.55%
42
Neutral
$2.38M-0.02-2135.52%99.51%
39
Underperform
$685.31K-1.62-20.14%-2.97%56.17%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
ECIA
Encision
0.04
-0.28
-87.50%
GCTK
GlucoTrack
2.98
-68.12
-95.81%
LUCY
Innovative Eyewear, Inc.
0.93
-0.84
-47.51%
WOK
WORK Medical Technology Group LTD
2.10
-782,497.90
-100.00%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 07, 2026