R.K's questions to electroCore (ECOR) leadership • Q1 2025
Question
Asked a broad range of questions about top-line revenue growth, the TAC-STIM business, VA channel expansion, Truvaga's performance in new channels, the revenue contribution timeline for new products (Quell and Sparrow), and the R&D pipeline.
Answer
The company expects mid-to-high single-digit sequential growth accelerating to mid-teens later in the year, driven by the VA channel and new products. They are aggressively adding sales headcount for the VA. Truvaga growth is supported by a 5% monthly increase in media spend. Quell could be an upside surprise in the second half of 2025, while Sparrow is a 2026 story. R&D is focused on sales support and awaiting FDA feedback on PTSD.