Financial Snapshot

Revenue
$48.87M
TTM
Gross Margin
49.06%
TTM
Net Earnings
-$16.63M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
337.4%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$36.52M
Q3 2024
Cash
Q3 2024
P/E
-5.162
Nov 13, 2024 EST
Free Cash Flow
-$9.743M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $42.16M $35.36M $29.49M $26.38M $30.53M $24.39M
YoY Change 19.25% 19.89% 11.79% -13.58% 25.17%

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 $42.16M $35.36M $29.49M $26.38M $30.53M $24.39M
Cost Of Revenue $21.06M $15.40M $16.63M $12.31M $17.30M $13.64M
Gross Profit $21.11M $19.96M $12.87M $14.08M $13.23M $10.75M
Gross Profit Margin 50.06% 56.44% 43.63% 53.35% 43.33% 44.08%

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 $26.10M $27.17M $23.89M $23.77M $17.15M $16.14M
YoY Change -3.94% 13.74% 0.5% 38.61% 6.24%
% of Gross Profit 123.66% 136.16% 185.65% 168.87% 129.62% 150.14%
Research & Development $6.139M $11.81M $12.36M $7.553M $7.569M $2.780M
YoY Change -48.04% -4.4% 63.62% -0.21% 172.27%
% of Gross Profit 29.09% 59.2% 96.04% 53.66% 57.22% 25.86%
Depreciation & Amortization $2.418M $2.258M $1.524M $1.309M $2.639M $4.590M
YoY Change 7.09% 48.16% 16.42% -50.4% -42.51%
% of Gross Profit 11.46% 11.32% 11.84% 9.3% 19.95% 42.7%
Operating Expenses $32.24M $38.98M $36.25M $31.32M $24.72M $20.06M
YoY Change -17.3% 7.56% 15.72% 26.72% 23.21%
Operating Profit -$12.23M -$20.18M -$19.65M -$18.50M -$12.71M -$9.310M
YoY Change -39.39% 2.67% 6.22% 45.52% 36.56%

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 $698.0K $263.0K $51.00K $1.340M $2.001M -$3.320M
YoY Change 165.4% 415.69% -96.19% -33.03% -160.27%
% of Operating Profit
Other Income/Expense, Net $698.0K $263.0K $51.00K $68.00K $58.00K $60.00K
YoY Change 165.4% 415.69% -25.0% 17.24% -3.33%

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 -$14.38M -$19.91M -$19.60M -$19.77M -$14.66M -$12.57M
YoY Change -27.77% 1.6% -0.87% 34.91% 16.6%
Income Tax $0.00 $20.00K
% Of Pretax Income
Net Earnings -$14.38M -$19.91M -$19.60M -$19.77M -$14.66M -$12.59M
YoY Change -27.77% 1.6% -0.87% 34.91% 16.42%
Net Earnings / Revenue -34.11% -56.32% -66.46% -74.95% -48.01% -51.62%
Basic Earnings Per Share -$1.31 -$1.96 -$2.09
Diluted Earnings Per Share -$1.31 -$1.96 -$2.091M -$4.279M -$1.379M -$1.184M

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 $24.06M $14.67M $31.64M $40.60M $4.620M $3.340M
YoY Change 63.99% -53.62% -22.08% 778.79% 38.32%
Cash & Equivalents $20.62M $14.67M $31.64M
Short-Term Investments $3.443M
Other Short-Term Assets $1.385M $1.062M $1.700M $1.860M $620.0K $570.0K
YoY Change 30.41% -37.53% -8.6% 200.0% 8.77%
Inventory $15.69M $11.74M $6.488M $13.47M $8.060M $4.060M
Prepaid Expenses
Receivables $4.983M $6.040M $4.638M $2.010M $3.380M $3.300M
Other Receivables $323.0K $200.0K $350.0K $450.0K $510.0K $470.0K
Total Short-Term Assets $46.44M $33.72M $44.81M $58.39M $17.18M $11.75M
YoY Change 37.75% -24.76% -23.25% 239.87% 46.21%
Property, Plant & Equipment $10.28M $9.509M $10.60M $8.080M $3.000M $3.620M
YoY Change 8.1% -10.27% 31.15% 169.33% -17.13%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $492.0K
YoY Change
Other Assets $66.00K $55.00K $64.00K $90.00K $160.0K $480.0K
YoY Change 20.0% -14.06% -28.89% -43.75% -66.67%
Total Long-Term Assets $23.14M $22.13M $21.65M $20.73M $17.36M $17.14M
YoY Change 4.58% 2.2% 4.45% 19.41% 1.28%
Total Assets $69.59M $55.84M $66.47M $79.12M $34.54M $28.89M
YoY Change
Accounts Payable $4.007M $5.422M $2.694M $2.480M $1.580M $1.410M
YoY Change -26.1% 101.26% 8.63% 56.96% 12.06%
Accrued Expenses $6.242M $5.231M $5.116M $5.060M $5.330M $3.620M
YoY Change 19.33% 2.25% 1.11% -5.07% 47.24%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $11.63M $11.42M $8.714M $8.470M $7.830M $7.660M
YoY Change 1.85% 31.06% 2.88% 8.17% 2.22%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $56.62M $41.21M
YoY Change -100.0% 37.39%
Other Long-Term Liabilities $10.78M $2.439M $2.872M $3.440M $640.0K $480.0K
YoY Change 341.86% -15.08% -16.51% 437.5% 33.33%
Total Long-Term Liabilities $10.78M $2.439M $2.872M $3.440M $57.26M $41.69M
YoY Change 341.86% -15.08% -16.51% -93.99% 37.35%
Total Liabilities $22.41M $13.86M $11.59M $11.91M $65.09M $49.35M
YoY Change 61.68% 19.63% -2.72% -81.7% 31.89%

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 10.97M 10.16M 9.374M
Diluted Shares Outstanding 10.97M 10.16M 9.374M
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: $85.833 Million

About LENSAR Inc

LENSAR, Inc. engages in the development of femtosecond laser technology for refractive cataract surgery. The company is headquartered in Orlando, Florida and currently employs 130 full-time employees. The company went IPO on 2020-09-21. The firm is focused on designing, developing, and marketing a femtosecond laser system for the treatment of cataracts and the management of pre-existing or surgically induced corneal astigmatism. Its product portfolio consists of the LENSAR Laser System and ALLY Adaptive Cataract Treatment System (ALLY System) and its associated consumable components. The system incorporates a range of technologies designed to assist the surgeon in obtaining visual outcomes. The consumable portion of the system consists of a disposable patient interface device kit. The ALLY System is designed to combine its femtosecond laser technology features with enhanced laser capabilities into a single small unit that allows surgeons to perform a femtosecond laser assisted cataract procedure in a single operating room or in-office surgical suite. Its system is used across surgeons, hospital outpatient surgical facilities and ambulatory surgery centers.

Industry: Surgical & Medical Instruments & Apparatus Peers: Abbott Laboratories Pulse Biosciences Inc Electromed Inc enVVeno Medical Corp Lucid Diagnostics Inc Neuronetics Inc Neuropace Inc PAVmed Inc.