Financial Snapshot

Revenue
$76.49M
TTM
Gross Margin
-84.41%
TTM
Net Earnings
-$539.1M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
332.05%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
-$342.1M
Q2 2024
Cash
Q2 2024
P/E
-0.7753
Sep 13, 2024 EST
Free Cash Flow
-$274.9M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $69.78M $40.70M $31.94M $13.95M $12.60M $11.69M
YoY Change 71.46% 27.4% 128.97% 10.7% 7.8%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $69.78M $40.70M $31.94M $13.95M $12.60M $11.69M
Cost Of Revenue $142.5M $101.0M $46.09M $24.95M $16.66M $10.94M
Gross Profit -$72.69M -$60.29M -$14.15M -$11.00M -$4.053M $750.0K
Gross Profit Margin -104.17% -148.13% -44.29% -78.85% -32.16% 6.42%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $212.9M $196.8M $111.5M $37.22M $21.59M $24.90M
YoY Change 8.17% 76.46% 199.66% 72.4% -13.29%
% of Gross Profit 3320.0%
Research & Development $262.2M $185.3M $88.86M $38.65M $36.97M $40.09M
YoY Change 41.52% 108.51% 129.91% 4.54% -7.78%
% of Gross Profit 5345.33%
Depreciation & Amortization $26.62M $6.566M $4.162M $2.517M $2.316M $1.490M
YoY Change 305.48% 57.76% 65.36% 8.68% 55.44%
% of Gross Profit 198.67%
Operating Expenses $490.6M $382.1M $200.4M $75.87M $58.56M $64.98M
YoY Change 28.39% 90.67% 164.13% 29.56% -9.88%
Operating Profit -$563.3M -$442.4M -$214.6M -$86.88M -$62.62M -$64.23M
YoY Change 27.33% 106.2% 146.97% 38.74% -2.51%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense $11.05M $11.10M $2.028M $2.885M $2.239M -$14.99M
YoY Change -0.42% 447.09% -29.71% 28.85% -114.94%
% of Operating Profit
Other Income/Expense, Net -$6.265M -$2.865M -$24.70M -$275.4M -$32.10M -$330.0K
YoY Change 118.67% -88.4% -91.03% 757.94% 9628.18%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$569.6M -$445.3M -$239.2M -$362.3M -$94.72M -$79.55M
YoY Change 27.92% 86.11% -33.96% 282.5% 19.07%
Income Tax $1.696M $672.0K -$1.262M $0.00 $0.00
% Of Pretax Income
Net Earnings -$571.3M -$445.9M -$238.0M -$362.3M -$94.72M -$79.55M
YoY Change 28.1% 87.38% -34.31% 282.5% 19.07%
Net Earnings / Revenue -818.68% -1095.73% -745.01% -2596.93% -751.61% -680.5%
Basic Earnings Per Share -$1.47 -$1.25 -$0.69 -$2.54 -$0.84
Diluted Earnings Per Share -$1.47 -$1.25 -$0.69 -$2.54 -$0.84 -$245.6K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $321.0M $488.9M $792.1M $485.7M $33.70M $9.600M
YoY Change -34.34% -38.28% 63.09% 1341.25% 251.04%
Cash & Equivalents $74.72M $69.55M $330.0M $208.9M $27.10M $9.600M
Short-Term Investments $246.2M $419.3M $462.1M $276.7M $6.700M $0.00
Other Short-Term Assets $32.85M $17.21M $15.38M $2.400M $1.000M $1.300M
YoY Change 90.95% 11.9% 540.67% 140.0% -23.08%
Inventory $16.70M $8.792M $10.34M $3.600M $4.000M $2.900M
Prepaid Expenses
Receivables $18.90M $26.57M $22.92M $6.000M $1.700M $2.500M
Other Receivables $0.00 $13.16M $4.637M $3.200M $1.000M $700.0K
Total Short-Term Assets $389.4M $554.6M $845.4M $500.8M $41.50M $17.00M
YoY Change -29.78% -34.4% 68.81% 1106.75% 144.12%
Property, Plant & Equipment $92.31M $51.50M $20.15M $7.700M $7.900M $8.400M
YoY Change 79.22% 155.55% 161.74% -2.53% -5.95%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $14.00M $4.000M $10.00M
YoY Change 250.0% -60.01%
Other Assets $24.21M $36.34M $2.453M $1.200M $1.800M $2.100M
YoY Change -33.38% 1381.61% 104.42% -33.33% -14.29%
Total Long-Term Assets $163.5M $132.7M $38.14M $9.600M $10.40M $11.20M
YoY Change 23.14% 248.01% 297.32% -7.69% -7.14%
Total Assets $552.9M $687.3M $883.5M $510.4M $51.90M $28.20M
YoY Change
Accounts Payable $20.73M $18.63M $14.42M $6.000M $3.500M $3.800M
YoY Change 11.31% 29.18% 140.32% 71.43% -7.89%
Accrued Expenses $64.96M $45.35M $21.68M $7.100M $2.500M $3.600M
YoY Change 43.24% 109.22% 205.31% 184.0% -30.56%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $1.500M
YoY Change -100.0%
Long-Term Debt Due $460.0K $91.00K $400.0K $8.000M $9.700M
YoY Change 405.49% -77.25% -95.0% -17.53%
Total Short-Term Liabilities $85.70M $77.54M $39.00M $16.60M $14.80M $18.80M
YoY Change 10.52% 98.83% 134.93% 12.16% -21.28%
Long-Term Debt $614.6M $612.2M $609.0M $800.0K $1.900M $9.400M
YoY Change 0.4% 0.53% 76019.63% -57.89% -79.79%
Other Long-Term Liabilities $18.23M $24.00M $37.60M $344.2M $2.200M $124.6M
YoY Change -24.05% -36.17% -89.08% 15545.45% -98.23%
Total Long-Term Liabilities $632.8M $636.2M $646.6M $345.0M $4.100M $134.0M
YoY Change -0.53% -1.6% 87.41% 8314.63% -96.94%
Total Liabilities $718.5M $713.7M $685.6M $361.6M $18.90M $152.9M
YoY Change 0.67% 4.11% 89.59% 1813.23% -87.64%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 389.4M shares 356.3M shares 346.3M shares 145.1M shares 118.8M shares
Diluted Shares Outstanding 389.4M shares 356.3M shares 346.3M shares 145.1M shares 118.8M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $417.92 Million

About Luminar Technologies Inc

Luminar Technologies, Inc. is an autonomous vehicle sensor and Lidar technology company, which engages in the design, building, and marketing of long-range lidar products that address the requirements of global automotive OEMs and technology companies for autonomous driving. The company is headquartered in Orlando, Florida and currently employs 800 full-time employees. The company went IPO on 2019-03-25. The firm enables safety and autonomous capabilities for passenger and commercial vehicles as well as other adjacent markets. The firm operates through two segments: Autonomy Solutions and Advanced Technologies and Services (ATS). The Autonomy Solutions segment is engaged in design, manufacturing, and sale of lidar sensors catering mainly to the original equipment manufacturers (OEMs) in the automobile, commercial vehicle, robo-taxi, and adjacent industries. The ATS segment provides advanced semiconductors and related components, as well as design, test, and consulting services to the Autonomy Solutions segment and to various third-party customers, including government agencies and defense contractors, in markets generally unrelated to autonomous vehicles. The firm's products include Iris lidar, Core Sensor Software, Driving Functions Software, and Sentinel.

Industry: Motor Vehicle Parts & Accessories Peers: Gentherm Inc Dana Inc Dorman Products Inc LCI Industries Fox Factory Holding Corp Gentex Corp Quantumscape Corp Lear Corp Visteon Corp