Financial Snapshot

Revenue
$8.974M
TTM
Gross Margin
27.46%
TTM
Net Earnings
-$3.988M
TTM
Current Assets
$9.668M
Q2 2024
Current Liabilities
$2.706M
Q2 2024
Current Ratio
357.27%
Q2 2024
Total Assets
$10.88M
Q2 2024
Total Liabilities
$3.781M
Q2 2024
Book Value
$7.101M
Q2 2024
Cash
$817.6K
Q2 2024
P/E
-4.366
Nov 29, 2024 EST
Free Cash Flow
-$7.248M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $4.031M $2.505M $2.076B $987.9M $893.0M
YoY Change 60.93% -99.88% 110.12% 10.62%

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
Revenue $4.031M $2.505M $2.076B $987.9M $893.0M
Cost Of Revenue $2.104M $1.722M $1.106B $500.7M $502.5M
Gross Profit $1.927M $782.8K $969.3M $487.2M $390.5M
Gross Profit Margin 47.81% 31.25% 46.7% 49.32% 43.73%

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
Selling, General & Admin $3.802M $2.841M $836.2M $93.20M $96.97M
YoY Change 33.85% -99.66% 797.24% -3.89%
% of Gross Profit 197.27% 362.89% 86.27% 19.13% 24.83%
Research & Development $1.055M $1.022M $706.0M $781.4M $750.8M
YoY Change 3.23% -99.86% -9.65% 4.08%
% of Gross Profit 54.73% 130.54% 72.84% 160.39% 192.25%
Depreciation & Amortization $60.65K $17.21K $5.056M $3.525M $3.730M
YoY Change 252.39% -99.66% 43.43% -5.5%
% of Gross Profit 3.15% 2.2% 0.52% 0.72% 0.96%
Operating Expenses $4.857M $4.467M $1.542B $878.1M $851.5M
YoY Change 8.74% -99.71% 75.62% 3.13%
Operating Profit -$2.930M $3.684M -$572.9M -$391.0M -$460.9M
YoY Change -179.53% -100.64% 46.54% -15.18%

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
Interest Expense $220.0K $30.68K -$251.3M -$249.4M -$87.30M
YoY Change 617.02% -100.01% 0.77% 185.67%
% of Operating Profit 0.83%
Other Income/Expense, Net $220.0K $4.495K $251.3K $249.4K
YoY Change 4794.46% -98.21% 0.77%

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
Pretax Income -$2.710M -$3.688M -$824.2M -$640.3M -$548.2M
YoY Change -26.54% -99.55% 28.72% 16.8%
Income Tax
% Of Pretax Income
Net Earnings -$2.710M -$3.688M -$824.2M -$640.3M -$548.2M
YoY Change -26.54% -99.55% 28.72% 16.8%
Net Earnings / Revenue -67.22% -147.25% -39.71% -64.82% -61.39%
Basic Earnings Per Share -$0.34 $0.49 $0.24 $0.26
Diluted Earnings Per Share -$0.34 $0.49 -$237.9M -$257.8M -$75.46M

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
Cash & Short-Term Investments $5.199M $222.0K $785.0K $20.52M $1.487M
YoY Change 2242.42% -71.72% -96.18% 1280.23%
Cash & Equivalents $2.050M $222.0K $785.0K $20.52M $1.487M
Short-Term Investments $3.149M
Other Short-Term Assets $9.084M $0.00 $14.00M $13.08M
YoY Change -100.0% 7.07%
Inventory $1.960M $981.7K $391.5M $251.1M $353.8M
Prepaid Expenses
Receivables $2.990M $1.607M $571.5M $127.5M $235.9M
Other Receivables $172.8K $359.6K $2.873M $2.778M $7.410M
Total Short-Term Assets $10.32M $12.25M $966.6M $415.9M $611.6M
YoY Change -15.77% -98.73% 132.41% -32.0%
Property, Plant & Equipment $817.2K $919.8K $16.51M $13.60M $11.08M
YoY Change -11.16% -94.43% 21.4% 22.7%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $194.8K $190.3K $1.056B $135.0M $124.1M
YoY Change 2.34% -99.98% 682.29% 8.75%
Total Long-Term Assets $1.012M $1.110M $1.073B $148.6M $135.2M
YoY Change -8.84% -99.9% 621.8% 9.9%
Total Assets $11.33M $13.36M $2.039B $564.5M $746.8M
YoY Change
Accounts Payable $1.215M $1.083M $463.7M $249.8M $311.2M
YoY Change 12.12% -99.77% 85.61% -19.72%
Accrued Expenses $337.0K $316.9K $533.7M
YoY Change 6.35% -99.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $49.66M $442.9M $89.72M
YoY Change -100.0% -88.79% 393.61%
Long-Term Debt Due $498.8K $0.00 $657.1M $270.1M $1.298B
YoY Change -100.0% 143.25% -79.18%
Total Short-Term Liabilities $3.058M $1.811M $1.961B $1.258B $2.019B
YoY Change 68.85% -99.91% 55.94% -37.71%
Long-Term Debt $589.5K $1.088M $1.833B $1.690B $1.591B
YoY Change -45.83% -99.94% 8.44% 6.27%
Other Long-Term Liabilities $792.3K $867.9K $624.4M $217.5M $176.3M
YoY Change -8.72% -99.86% 187.12% 23.36%
Total Long-Term Liabilities $1.382M $1.956M $2.457B $1.908B $1.767B
YoY Change -29.37% -99.92% 28.8% 7.97%
Total Liabilities $4.439M $3.767M $4.419B $3.166B $3.786B
YoY Change 17.85% -99.91% 39.59% -16.39%

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
Basic Shares Outstanding 7.908M shares 7.528M shares 3.464M shares 2.484M shares
Diluted Shares Outstanding 7.908M shares 7.528M shares 3.464M shares 2.484M 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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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $17.412 Million

About Maris Tech Ltd.

Maris-Tech Ltd. engages in the business of developing, designing, and manufacturing high-end digital video and audio products and solutions for the professional, civilian, and home security markets. The firm operates as a provider of remote video, audio, telemetry acquisition, distribution and sharing solutions and products, using digital video, audio and wireless communication technologies. The firm designs, develops, manufactures and commercially sells miniature intelligent video and audio surveillance and communication systems, which are offered as products and solutions for the professional as well as the civilian and home security markets. Its products and solutions are sold as off the shelf, standalone and ready to use products, or as customized components that meet its customers’ requirements and integrate into their systems and products.

Industry: Communications Equipment, NEC Peers: SENSTAR TECHNOLOGIES LTD. Rail Vision Ltd. SuperCom Ltd