Financial Snapshot

Revenue
$20.43M
TTM
Gross Margin
62.67%
TTM
Net Earnings
-$16.02M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
135.21%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$5.165M
Q3 2024
Cash
Q3 2024
P/E
-1.115
Nov 14, 2024 EST
Free Cash Flow
-$3.108M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $15.08M $11.60M $10.48M $8.089M
YoY Change 29.98% 10.7% 29.55%

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
Revenue $15.08M $11.60M $10.48M $8.089M
Cost Of Revenue $6.473M $4.836M $4.340M $2.911M
Gross Profit $8.605M $6.765M $6.140M $5.178M
Gross Profit Margin 57.07% 58.32% 58.58% 64.01%

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
Selling, General & Admin $11.25M $9.772M $5.216M $3.129M
YoY Change 15.09% 87.34% 66.71%
% of Gross Profit 130.7% 144.45% 84.96% 60.42%
Research & Development $10.28M $8.114M $4.593M $3.591M
YoY Change 26.72% 76.67% 27.89%
% of Gross Profit 119.5% 119.94% 74.81% 69.35%
Depreciation & Amortization $1.593M $1.358M $371.4K $266.6K
YoY Change 17.31% 265.49% 39.31%
% of Gross Profit 18.51% 20.07% 6.05% 5.15%
Operating Expenses $21.53M $17.89M $9.809M $6.720M
YoY Change 20.36% 82.34% 45.97%
Operating Profit -$12.92M -$11.12M -$3.670M -$1.542M
YoY Change 16.21% 203.06% 137.98%

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
Interest Expense -$2.904M -$874.7K $551.5K $469.7K
YoY Change 232.05% -258.61% 17.42%
% of Operating Profit
Other Income/Expense, Net -$3.042M -$905.2K $1.384M $0.00
YoY Change 236.01% -165.4%

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
Pretax Income -$15.97M -$12.03M -$2.837M -$17.94K
YoY Change 32.76% 323.9% 15714.72%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$16.00M -$12.00M -$2.800M -$2.012M
YoY Change 33.33% 328.57% 39.18%
Net Earnings / Revenue -106.11% -103.44% -26.72% -24.87%
Basic Earnings Per Share -$2.25 -$0.36 -$0.24
Diluted Earnings Per Share -$2.25 -$0.36 -$85.40K -$3.881K

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
Cash & Short-Term Investments $781.3K $4.340M $5.314M $9.560K
YoY Change -82.0% -18.32% 55485.67%
Cash & Equivalents $781.3K $4.340M $5.314M $9.560K
Short-Term Investments
Other Short-Term Assets $458.3K $643.4K $1.187M
YoY Change -28.77% -45.82%
Inventory $1.534M $1.673M $1.439M
Prepaid Expenses
Receivables $2.079M $1.125M $1.667M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.852M $7.782M $9.607M $9.560K
YoY Change -37.64% -19.0% 100396.03%
Property, Plant & Equipment $14.16M $5.308M $1.027M
YoY Change 166.77% 416.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $3.575M
YoY Change -100.0%
Total Long-Term Assets $14.16M $8.883M $1.027M $0.00
YoY Change 59.41% 764.63%
Total Assets $19.01M $16.66M $10.63M $9.560K
YoY Change
Accounts Payable $2.100M $4.466M $1.186M $4.500K
YoY Change -52.99% 276.42% 26265.33%
Accrued Expenses $746.0K $139.8K
YoY Change 433.64%
Deferred Revenue
YoY Change
Short-Term Debt $1.629M $959.8K $5.120K $22.50K
YoY Change 69.69% 18646.09% -77.24%
Long-Term Debt Due $12.71M $1.079M $118.4K
YoY Change 1078.14% 810.75%
Total Short-Term Liabilities $17.34M $6.644M $1.310M $27.00K
YoY Change 160.96% 407.19% 4751.78%
Long-Term Debt $2.293M $7.593M $409.1K $0.00
YoY Change -69.81% 1756.0%
Other Long-Term Liabilities $6.177M $71.71K
YoY Change 8513.18%
Total Long-Term Liabilities $8.469M $7.665M $409.1K $0.00
YoY Change 10.49% 1773.53%
Total Liabilities $25.81M $14.31M $1.719M $27.00K
YoY Change 80.35% 732.37% 6267.07%

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
Basic Shares Outstanding 7.106M 33.30M 11.70M
Diluted Shares Outstanding
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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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $17.856 Million

About Guerrilla RF Inc

Guerrilla RF, Inc. designs and manufactures Monolithic Microwave Integrated Circuits for the wireless infrastructure market. The company is headquartered in Greensboro, North Carolina and currently employs 60 full-time employees. The company went IPO on 2022-03-31. The company develops and manufactures radio frequency (RF) and microwave semiconductors for wireless original equipment manufacturers in multiple market segments, including network infrastructure for 5G/4G macro and small cell base stations, SATCOM, cellular repeaters/DAS, automotive telematics, military communications, navigation, and high-fidelity wireless audio. The company is developing monolithic microwave integrated circuit products for wireless connectivity. The company possesses in-house design, applications, sales, and customer support functions as a fabless semiconductor company. Its business is diversified across various markets: Wireless Infrastructure, Automotive, and Catalog Markets. Its solutions for SatCom and massive multiple-input and multiple-output systems include low noise amplifie, linear driver amplifiers, digital step attenuators, and discrete power amplifier. The company supplies various standard RF catalog components to several markets.

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