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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 40 (OpenAI - 5.2)
Rating:40Underperform
Price Target:
$0.17
▲(22.14% Upside)
Action:Downgraded
Date:04/17/26
ECIA scores low primarily due to weak financial performance (ongoing losses, shrinking revenue, negative TTM cash flow, and a major TTM balance-sheet red flag). Technicals show some short-term strength versus shorter moving averages, but longer-term trend and momentum indicators are mixed. Valuation is constrained by negative earnings, and the deregistration event increases transparency and liquidity risk.
Positive Factors
High gross margin
A sustained ~53% gross margin indicates durable product economics and pricing power in its medical-instruments niche. That margin buffer supports long-term viability even if operating costs fluctuate, enabling a path to profitability if SG&A and R&D are better aligned with revenue.
Negative Factors
TTM balance-sheet red flag
Zero equity and negative total assets on a TTM basis materially weaken the financial cushion. This eroded solvency increases bankruptcy and creditor risk, constrains borrowing or supplier credit, and magnifies the consequences of further losses over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
High gross margin
A sustained ~53% gross margin indicates durable product economics and pricing power in its medical-instruments niche. That margin buffer supports long-term viability even if operating costs fluctuate, enabling a path to profitability if SG&A and R&D are better aligned with revenue.
Read all positive factors

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

Encision Business Overview & Revenue Model

Company Description
Encision Inc., a medical device company, designs, develops, manufactures, and markets patented surgical instruments in the United States. The company provides active electrode monitoring (AEM) surgical instruments and monitors that enhance patient...
How the Company Makes Money
null...

Encision Financial Statement Overview

Summary
Financial statements indicate weak fundamentals: negative TTM net margin (~-6%) with negative EBIT/EBITDA margins, contracting revenue (TTM down ~3.5%), and negative TTM operating/free cash flow. The TTM balance sheet flag (zero equity and negative total assets) is a major risk signal despite healthy gross margin (~53%) and occasional historical cash generation.
Income Statement
34
Negative
Balance Sheet
28
Negative
Cash Flow
30
Negative
BreakdownTTMJun 2025Jun 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue6.30M6.56M6.59M7.35M7.67M7.54M
Gross Profit3.32M3.51M3.14M4.03M3.79M3.90M
EBITDA-239.94K-95.08K-544.20K-217.51K55.10K760.82K
Net Income-380.94K-220.20K-691.78K-366.00K463.34K584.73K
Balance Sheet
Total Assets4.06M3.67M3.81M4.13M4.79M5.66M
Cash, Cash Equivalents and Short-Term Investments71.73K257.43K42.51K189.00K950.00K1.47M
Total Debt1.53M1.31M1.33M1.08M1.15M2.00M
Total Liabilities2.19M2.02M1.98M1.64M2.05M2.86M
Stockholders Equity1.86M1.65M1.83M2.50M2.75M2.80M
Cash Flow
Free Cash Flow-208.51K-134.97K107.57K-1.04M-480.00K175.00K
Operating Cash Flow-287.98K-54.95K144.39K-861.00K-444.00K220.00K
Investing Cash Flow-67.17K-80.03K-36.82K-183.00K-36.00K-45.00K
Financing Cash Flow132.63K349.90K-254.02K284.00K-44.00K914.00K

Encision Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.14
Price Trends
50DMA
0.16
Positive
100DMA
0.16
Positive
200DMA
0.22
Negative
Market Momentum
MACD
<0.01
Positive
RSI
72.28
Negative
STOCH
91.67
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ECIA, the sentiment is Positive. The current price of 0.14 is below the 20-day moving average (MA) of 0.20, below the 50-day MA of 0.16, and below the 200-day MA of 0.22, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 72.28 is Negative, neither overbought nor oversold. The STOCH value of 91.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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%
47
Neutral
$230.58K-1.79
44
Neutral
$6.14M-0.74-74.10%74.57%60.81%
42
Neutral
$2.96M-0.0699.39%
40
Underperform
$3.39M-5.16-21.36%-2.97%56.17%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
ECIA
Encision
0.20
-0.15
-42.57%
GCTK
GlucoTrack
0.46
-7.51
-94.20%
LUCY
Innovative Eyewear, Inc.
0.99
-1.79
-64.35%
WOK
WORK Medical Technology Group LTD
0.16
-6,890.84
-100.00%

Encision Corporate Events

Business Operations and StrategyDelistings and Listing ChangesRegulatory Filings and Compliance
Encision to Deregister Common Stock and End SEC Reporting
Negative
Jan 29, 2026
On January 29, 2026, Encision Inc. announced that its board had approved the voluntary deregistration of its common stock with the Securities and Exchange Commission by filing a Form 15 under Section 12(g) of the Exchange Act. The move, expected t...
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: Apr 17, 2026