Financial Snapshot

Revenue
$2.530M
TTM
Gross Margin
41.51%
TTM
Net Earnings
-$5.551M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
537.5%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$9.688M
Q3 2024
Cash
Q3 2024
P/E
-12.88
Dec 04, 2024 EST
Free Cash Flow
-$8.816M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $3.939M $4.955M $4.191M $2.155M
YoY Change -20.49% 18.23% 94.48%

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 $3.939M $4.955M $4.191M $2.155M
Cost Of Revenue $1.489M $2.088M $1.543M $949.8K
Gross Profit $2.450M $2.867M $2.648M $1.205M
Gross Profit Margin 62.19% 57.86% 63.19% 55.92%

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 $3.899M $3.502M $1.626M $1.168M
YoY Change 11.35% 115.34% 39.22%
% of Gross Profit 159.15% 122.14% 61.41% 96.93%
Research & Development $202.3K $100.8K
YoY Change 100.65%
% of Gross Profit 8.26% 3.52%
Depreciation & Amortization $1.214M $112.2K $160.1K $26.41K
YoY Change 982.36% -29.93% 506.3%
% of Gross Profit 49.56% 3.91% 6.05% 2.19%
Operating Expenses $6.246M $3.847M $2.086M $1.194M
YoY Change 62.36% 84.39% 74.68%
Operating Profit -$3.796M -$979.9K $561.7K $10.64K
YoY Change 287.38% -274.45% 5178.75%

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 $0.00 $24.43K -$49.35K $0.00
YoY Change -100.0% -149.5%
% of Operating Profit -8.79% 0.0%
Other Income/Expense, Net $220.3K -$17.54K $8.080K $0.00
YoY Change -1356.05% -317.07%

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 -$3.766M -$997.5K $584.5K $10.64K
YoY Change 277.55% -270.66% 5393.05%
Income Tax $0.00 $0.00 $70.00 $0.00
% Of Pretax Income 0.01% 0.0%
Net Earnings -$3.766M -$997.5K $584.4K $10.64K
YoY Change 277.55% -270.68% 5391.91%
Net Earnings / Revenue -95.59% -20.13% 13.94% 0.49%
Basic Earnings Per Share -$0.18 $0.12
Diluted Earnings Per Share -$0.42 -$0.18 $0.07 $0.01

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 $6.201M $12.18M $615.8K $326.7K
YoY Change -49.1% 1878.37% 88.47%
Cash & Equivalents $6.201M $12.18M $615.8K $326.7K
Short-Term Investments
Other Short-Term Assets $39.19K $0.00
YoY Change
Inventory $2.278M $1.694M $1.791M $2.172M
Prepaid Expenses
Receivables $816.4K $1.347M $84.37K $756.1K
Other Receivables $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $9.335M $15.22M $2.491M $3.255M
YoY Change -38.68% 511.11% -23.47%
Property, Plant & Equipment $1.550M $1.460M $1.198M $1.045M
YoY Change 6.17% 21.83% 14.64%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $72.53K $3.000K $0.00
YoY Change 2317.67%
Total Long-Term Assets $5.830M $4.471M $4.369M $4.230M
YoY Change 30.38% 2.34% 3.3%
Total Assets $15.16M $19.69M $6.860M $7.485M
YoY Change
Accounts Payable $223.0K $190.4K
YoY Change 17.15%
Accrued Expenses $595.7K $1.526M
YoY Change -60.95%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.520M $1.716M $392.4K $1.029M
YoY Change -11.42% 337.25% -61.85%
Long-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $163.0K $487.6K $907.0K $1.169M
YoY Change -66.57% -46.25% -22.44%
Total Long-Term Liabilities $163.0K $487.6K $907.0K $1.169M
YoY Change -66.57% -46.25% -22.44%
Total Liabilities $1.683M $2.203M $1.299M $2.198M
YoY Change -23.62% 69.57% -40.88%

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
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: $71.523 Million

About Laser Photonics Corp

Laser Photonics Corp. engages in the business of manufacturing and research and development of industrial laser technologies and systems. The company is headquartered in Orlando, Florida and currently employs 56 full-time employees. The company went IPO on 2022-09-30. The company offers a full portfolio of integrated laser blasting solutions for corrosion control, rust removal, de-coating, pre- and post-welding, laser cleaning and surface conditioning. Its solutions span use cases throughout product lifecycles, from product fabrication to maintenance and repair, as well as aftermarket operations. The company has developed a portfolio of products based on proprietary technologies that form the foundation of its laser blasting equipment manufacturing solutions, which consists of hardware, equipment design documentation, bills of materials, software, materials, and service practices. Its product portfolio covers a spectrum of applications across key industries, including maritime and shipbuilding, oil and gas, automotive manufacturing, rail transport, aerospace, defense, space exploration and pharmaceutical.

Industry: Miscellaneous Electrical Machinery, Equipment & Supplies Peers: CHICAGO RIVET & MACHINE CO Greenland Technologies Holding Corp. ILLINOIS TOOL WORKS INC TECHPRECISION CORP Quality Industrial Corp. TAYLOR DEVICES, INC.