Evolution Imaging
How we got $1.1M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
Evolution Imaging is a medical imaging provider in Edmond, OK offering MRI, ultrasound and pediatric imaging with a focus on patient comfort and anxiety reduction.
From the company's website. Industry: Medical and Diagnostic Laboratories.
Customers & suppliers
Suppliers & brands
- Siemens · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Evolution Imaging this business | $1.7M | — |
| Diagnostic Ultrasound Of Oklahoma Edmond | $1.7M | 0.0 mi |
| Derek Pourtorkan, D.o. Edmond | $1.7M | 0.1 mi |
| Joanna Bartholomew, D.O. Edmond | $1.7M | 0.1 mi |
| Hope Family Medicine Edmond | $1.7M | 0.5 mi |
| Huston-depue Laboratories Inc Edmond | $1.7M | 1.0 mi |
| DnB Screens Edmond | $1.7M | 2.3 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $1.1M |
| Multiple for this size and industry | 3× |
| Value range | $299K – $2.0M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Medical and Diagnostic Laboratories businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (22%). Treat these as a rough guide.
| Revenue range | $578K – $2.6M |
| EBITDA range | $124K – $565K |
| Industry (NAICS) | Medical and Diagnostic Laboratories (6215) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Evolution Imaging
Evolution Imaging is a medical and diagnostic laboratories company in Edmond, Oklahoma, in business since 2022. It is owned by RaeAnn Thomas. Its estimated annual revenue is about $1.7M, with roughly $366K of EBITDA. Its estimated business value is $1.1M (likely range $299K–$2.0M).
Common questions
- Who owns Evolution Imaging?
- Evolution Imaging is owned by RaeAnn Thomas, according to public sources such as the company's website or filings.
- How much revenue does Evolution Imaging make?
- SeeBITDA estimates Evolution Imaging's annual revenue at about $1.7M (likely between $578K and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Evolution Imaging worth?
- About $1.1M, roughly 3× its estimated EBITDA of $366K, typical for a medical and diagnostic laboratories company its size. Likely range: $299K–$2.0M.
- When was Evolution Imaging founded?
- Evolution Imaging has been in business since 2022.