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ERecord Management, Inc. (ERMG) Stock Analysis

Educational signal · not a buy or sell recommendation · How to read this

$0.0002 $0.00 (0.00%) |CouncilSplit View · 50 · B
MCap: $22.6M| Vol: 2.1K| 52-wk range: $0.0002 – $0.0002

Market cap $22.6M is the value of all shares combined. Beta 1.41: the stock has moved about 41% more than the S&P 500.

Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Quick Answer

ERecord Management, Inc. (ERMG) trades at $0.0002. ERecord Management, Inc. is a healthcare consulting company providing EMR, PMS, and MRI solutions to healthcare providers. Market cap: $22.6M, Sector: Technology.

Price as of Sep 11, 2026 · Last analyzed: Mar 16, 2026
ERecord Management, Inc. is a healthcare consulting company providing EMR, PMS, and MRI solutions to healthcare providers. They offer a range of services including training, implementation, and technical support, focusing on HIPAA compliance.

Analyst Coverage for ERMG: ERMG does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates ERMG against Technology peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.

Watch the ERMG film Every key number, told as a short cinematic story — just press play. ~2 min

No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.

Council Score · Weighted Average of 3 Disciplines
Split View 50/100 · B

ERMG: 1/2 scored disciplines lean bearish. Dominant signal: Izzy Englander bullish.

How is this calculated? →
Legends Council · 5 Legends + Moon AI

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated)Ray Dalio
Favorable read
Simons-style lens (simulated)Jim Simons
Neutral read
Englander-style lens (simulated)Izzy Englander
Favorable read
Klarman-style lens (simulated)Seth Klarman
Unfavorable read
Moon AI lens (model)
Neutral read
Munger's Mindset · Balance Sheet & Valuation
Financial Health
Weak
Margin of Safety
Fairly Valued
Council Score · Weighted Average of 3 Disciplines · See tabs for details →
The lenses are modelled on the published principles of the investors named. We are not affiliated with them, they have not endorsed this, and it is not their opinion of this stock.

ERecord Management, Inc. (ERMG) Technology Profile & Competitive Position

CEOPhilip Lacqua
HeadquartersOak Park, US
IPO Year2000

ERecord Management, Inc., founded in 2001, provides healthcare providers with EMR, PMS, and MRI solutions, including training, implementation, and support. The company focuses on HIPAA compliance and operates within the competitive healthcare technology sector, facing challenges related to profitability and market share.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 16, 2026

What Is the Investment Thesis for ERMG?

AI-written as of Mar 16, 2026 — figures and tone reflect the data available then, not today's score.

ERecord Management, Inc. presents a high-risk, high-reward investment opportunity within the healthcare technology sector. The company's focus on providing EMR, PMS, and MRI solutions, along with its emphasis on HIPAA compliance, positions it to capitalize on the increasing demand for digital healthcare solutions. However, the company's negative profit margin of -92.4% raises concerns about its financial sustainability. Potential catalysts include successful expansion of its service offerings and strategic partnerships to broaden its market reach. The company's small market capitalization of $22.6M makes it susceptible to volatility. Investors should carefully consider the company's financial performance and competitive landscape before making investment decisions. The high beta of 1.41 indicates higher volatility compared to the market.

Based on FMP financials and quantitative analysis

ERMG Key Highlights

AI-written as of Mar 16, 2026 — figures and tone reflect the data available then, not today's score.

Market capitalization of $22.6M indicates a micro-cap company with potential for high growth but also significant risk.

  • Negative P/E ratio of -0.00 reflects the company's current lack of profitability.
  • Profit margin of -92.4% signals significant challenges in achieving profitability and managing expenses.
  • Gross margin of 14.0% suggests limited ability to generate profit from sales after accounting for the cost of goods sold.
  • Beta of 1.41 indicates higher volatility compared to the overall market, suggesting a riskier investment.

Who Are ERMG's Competitors?

ERMG is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
CRAYF Crayon Group Holding ASA $13.85 -4.94% $1.24B
FUJXF Fujimi Incorporated $11.61 0.00% $861M 559-signal
FXCNF FIH Mobile Limited $3.00 0.00% $2.34B
HTCKF HTC Corporation $6.50 +75.68% $1.35B
LTTHF Learning Technologies Group plc $1.20 0.00% $1.03B
HOLO MicroCloud Hologram Inc. $1.60 -3.03% $21.1M 535-pillar
NSYS Nortech Systems Incorporated $11.19 -2.10% $31.3M 715-pillar
DSWL Deswell Industries, Inc. $3.05 -1.61% $48.5M 685-pillar

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.

What Are ERMG's Key Strengths?

Specialized expertise in healthcare technology.

  • Comprehensive suite of EMR, PMS, and MRI solutions.
  • Focus on HIPAA compliance.
  • Established presence in the healthcare market.

What Are ERMG's Weaknesses?

Negative profit margin.

  • Limited financial resources.
  • Small market capitalization.
  • High beta indicating higher volatility.

What Could Drive ERMG Stock Higher?

Increasing adoption of EMR and PMS systems by healthcare providers.

  • Potential partnerships with hospitals and healthcare networks.
  • Growing demand for HIPAA compliance solutions.
  • Development and launch of new cloud-based solutions.
  • Expansion into new geographic markets.

What Are the Key Risks for ERMG?

Intense competition from larger, more established companies.

  • Rapid technological advancements rendering existing solutions obsolete.
  • Changing regulatory requirements increasing compliance costs.
  • Economic downturn affecting healthcare spending.
  • Negative profit margin and limited financial resources.

What Are the Growth Opportunities for ERMG?

  • Expansion of EMR Solutions: ERecord Management can expand its EMR solutions to target smaller healthcare practices and clinics. The market for EMR systems is projected to reach $37.9 billion by 2027, driven by government regulations and the need for improved patient care. By offering affordable and user-friendly EMR solutions, ERecord Management can capture a significant share of this market. Timeline: 2-3 years.
  • Strategic Partnerships: Forming strategic partnerships with hospitals and healthcare networks can provide ERecord Management with access to a larger customer base. Collaborating with established healthcare providers can enhance the company's credibility and facilitate the adoption of its solutions. This strategy can lead to increased revenue and market share. Timeline: 1-2 years.
  • Focus on HIPAA Compliance: With increasing concerns about data security and privacy, ERecord Management can capitalize on the growing demand for HIPAA compliance solutions. By offering specialized services and training programs, the company can attract healthcare providers seeking to meet regulatory requirements. The market for HIPAA compliance solutions is expected to grow significantly in the coming years. Timeline: Ongoing.
  • Development of Cloud-Based Solutions: Investing in the development of cloud-based EMR and PMS solutions can provide ERecord Management with a competitive advantage. Cloud-based solutions offer greater flexibility, scalability, and cost-effectiveness compared to traditional on-premise systems. By offering cloud-based solutions, the company can attract healthcare providers seeking to modernize their IT infrastructure. Timeline: 2-3 years.
  • Geographic Expansion: Expanding its operations to new geographic markets can provide ERecord Management with significant growth opportunities. By targeting underserved regions with limited access to healthcare technology solutions, the company can increase its revenue and market share. This strategy requires careful planning and execution, but it can lead to long-term growth and profitability. Timeline: 3-5 years.

What Are ERMG's Competitive Advantages?

  • Specialized focus on healthcare technology solutions.
  • Comprehensive suite of services, including EMR, PMS, and MRI solutions.
  • Expertise in HIPAA compliance requirements.
  • Established relationships with healthcare providers.

What Does ERMG Do?

ERecord Management, Inc., established in 2001 and formerly known as R-Tec Technologies, Inc., is a healthcare consulting company specializing in providing comprehensive EMR (Electronic Medical Records), PMS (Practice Management Systems), and MRI (Magnetic Resonance Imaging) solutions to healthcare providers. Headquartered in Oak Park, California, the company offers a suite of services designed to optimize healthcare operations and ensure regulatory compliance. Their offerings include health information systems and services, enterprise appointment scheduling, MRI technology, and PACS (Picture Archiving and Communication System) software. Beyond technology provision, ERecord Management delivers essential support services such as installation, management, daily staffing for MRI solutions, training, implementation, technical support, remote troubleshooting, and corporate office training. A core focus lies in addressing the evolving needs of healthcare providers concerning electronic medical records, practice management systems, information technology security, audit services, and adherence to HIPAA compliance requirements. ERecord Management aims to streamline healthcare operations by offering integrated solutions that enhance efficiency, improve patient care, and ensure data security. The company's commitment to providing comprehensive support and training distinguishes it within the competitive healthcare technology landscape.

What Products and Services Does ERMG Offer?

  • Offers EMR (Electronic Medical Records) solutions to healthcare providers.
  • Provides PMS (Practice Management Systems) solutions for enterprise appointment scheduling.
  • Delivers MRI solutions, including MRI technology and PACS system software.
  • Offers installation, management, and daily staffing for MRI solutions.
  • Provides training, implementation, and technical support services.
  • Offers remote troubleshooting and corporate office training services.
  • Focuses on solutions for electronic medical records and practice management systems.
  • Provides information technology security and audit services.

How Does ERMG Make Money?

  • Provides healthcare consulting services to healthcare providers.
  • Generates revenue through the sale and implementation of EMR, PMS, and MRI solutions.
  • Offers ongoing support and maintenance services for its solutions.
  • Provides training and consulting services related to HIPAA compliance.

What Industry Does ERMG Operate In?

ERecord Management, Inc. operates within the competitive healthcare technology industry, which is experiencing rapid growth driven by the increasing adoption of digital health solutions and stringent regulatory requirements like HIPAA. The market is characterized by the presence of established players and emerging startups, all vying for market share. ERecord Management's focus on providing comprehensive EMR, PMS, and MRI solutions positions it to capitalize on the growing demand for integrated healthcare technology solutions. However, the company faces competition from larger, more established companies with greater financial resources and broader product portfolios.

Who Are ERMG's Key Customers?

  • Hospitals and healthcare networks.
  • Physician practices and clinics.
  • Medical imaging centers.
  • Healthcare providers seeking HIPAA compliance solutions.
Model self-rating on this text: 79% (not a measure of the evidence) Updated: Mar 16, 2026

Research confidence

Low 20/100

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • Scoring coverage unknown
  • Price is current
  • No filing on record
  • No analyst coverage

MoonshotScore History

Recorded daily since 2026-08-23 · 19 snapshots

2026-08-23 50
2026-08-26 50
2026-08-29 50
2026-09-01 50
2026-09-04 50
2026-09-07 50
2026-09-10 50

What changed?

The score has stayed at 50.

Over the same 18 days the stock moved +0.0%.

ROE 116%

Key Financial Metrics

Return on equity for ERecord Management, Inc. stands at 115.6%, a gauge of how efficiently it converts shareholder capital into profit. Its free cash flow yield is -0.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.15 means current liabilities exceed short-term assets, a liquidity point worth watching.

ERMG Valuation & Market Position

With a $22.6M market cap, ERecord Management, Inc. sits in the micro-cap segment of the market.

Company Profile

ERecord Management, Inc. operates in the Hardware, Equipment & Parts industry within the Technology sector. It is headquartered in Oak Park, US. The company is led by CEO Philip Lacqua. ERMG has traded publicly since 2000.

ERMG Financials

Fundamental Snapshot

Return on Equity (TTM)
+115.6%
Current Ratio
0.1

Based on FMP financials and quantitative analysis

Bull Case vs Bear Case

Bull Case

  • Specialized expertise in healthcare technology.
  • Comprehensive suite of EMR, PMS, and MRI solutions.
  • Focus on HIPAA compliance.
  • Established presence in the healthcare market.

Bear Case

  • Negative profit margin.
  • Limited financial resources.
  • Small market capitalization.
  • High beta indicating higher volatility.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

ERMG Latest News

No recent news available for ERMG.

ERMG Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for ERMG.

Price Targets

Wall Street price target analysis for ERMG.

ERMG MoonshotScore

MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for ERMG; grades run from A+ (80-100) to F (below 30).

Leadership: Philip Lacqua

CEO

Philip Lacqua serves as the CEO of ERecord Management, Inc. His background includes experience in healthcare management and technology solutions. He has a proven track record of leading companies through periods of growth and innovation. His expertise lies in strategic planning, business development, and operational efficiency. He is committed to delivering high-quality healthcare solutions to meet the evolving needs of healthcare providers.

Track Record: Under Philip Lacqua's leadership, ERecord Management has focused on expanding its service offerings and strengthening its relationships with healthcare providers. He has overseen the development of new solutions and the implementation of strategic initiatives to drive growth. His focus on customer satisfaction and innovation has contributed to the company's success in the competitive healthcare technology market.

ERMG OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, indicating that ERecord Management, Inc. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier often have limited trading volume and may not be subject to the same level of regulatory oversight as companies listed on major exchanges like the NYSE or NASDAQ. Investing in companies on the OTC Other tier carries significant risks due to the lack of transparency and potential for fraud.

  • OTC Tier: OTC Other
Liquidity: As an OTC stock, ERMG likely suffers from low trading volume and wide bid-ask spreads. This can make it difficult to buy or sell shares quickly and at a desired price. Investors may experience significant price fluctuations due to limited liquidity. The lack of consistent trading activity can also make it challenging to accurately assess the company's value.
OTC Risk Factors:
  • Limited financial disclosure.
  • Low trading volume and liquidity.
  • Potential for price manipulation.
  • Higher risk of fraud and scams.
  • Lack of regulatory oversight.
Due Diligence Checklist:
  • Verify the company's registration and legal status.
  • Review available financial statements and disclosures.
  • Assess the company's business model and competitive landscape.
  • Evaluate the management team and their track record.
  • Check for any regulatory actions or legal issues.
  • Monitor trading volume and price activity.
  • Consult with a financial advisor.
Legitimacy Signals:
  • Company has been in operation since 2001.
  • Focus on providing healthcare solutions.
  • Presence of a CEO and management team.
  • Company has a website and contact information.

What Investors Ask About ERecord Management, Inc. (ERMG) — Technology

Is ERMG a good stock?

Stock Expert AI does not rate ERMG buy, sell or hold. ERecord Management, Inc. has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.

What do analysts say about ERMG stock?

Currently, there is limited analyst coverage for ERecord Management, Inc. due to its small market capitalization and OTC listing. Key valuation metrics, such as the negative P/E ratio and low gross margin, suggest financial challenges.

What are the key factors to evaluate for ERMG?

Evaluate ERMG on fundamentals, analyst consensus, and risk factors. The high beta of 1.41 indicates higher volatility compared to the market. Not financial advice.

How frequently does ERMG data refresh on this page?

ERMG's price was last updated on Sep 11, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.

What has driven ERMG's recent stock price performance?

ERecord Management, Inc. (ERMG) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Specialized expertise in healthcare technology. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider ERMG overvalued or undervalued right now?

ERecord Management, Inc. (ERMG) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

Can I buy fractional shares of ERMG?

Yes, most major brokerages offer fractional shares of ERecord Management, Inc. (ERMG) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.

How can I track ERMG's earnings and financial reports?

ERecord Management, Inc. (ERMG) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for ERMG earnings announcements.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Limited financial information available for ERecord Management, Inc.
  • OTC stocks carry higher risks compared to exchange-listed stocks.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis

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