Financial Snapshot

Revenue
$7.771M
TTM
Gross Margin
30.78%
TTM
Net Earnings
-$56.12M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
501.99%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$23.42M
Q3 2024
Cash
Q3 2024
P/E
-2.613
Nov 29, 2024 EST
Free Cash Flow
-$33.99M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $6.146M $14.57M $5.075M $8.813M $10.15M
YoY Change -57.81% 187.07% -42.41% -13.17%

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
Revenue $6.146M $14.57M $5.075M $8.813M $10.15M
Cost Of Revenue $5.041M $11.61M $3.867M $5.602M $5.746M
Gross Profit $1.105M $2.955M $1.208M $3.211M $4.404M
Gross Profit Margin 17.98% 20.28% 23.8% 36.43% 43.39%

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 $42.28M $73.43M $64.68M $10.09M $9.848M
YoY Change -42.42% 13.52% 540.87% 2.49%
% of Gross Profit 3826.43% 2484.91% 5354.55% 314.33% 223.61%
Research & Development $39.01M $34.14M $17.52M $14.12M $12.90M
YoY Change 14.26% 94.93% 24.08% 9.4%
% of Gross Profit 3530.5% 1155.47% 1450.0% 439.64% 293.01%
Depreciation & Amortization $1.554M $1.400M $500.0K $500.0K $297.0K
YoY Change 11.0% 180.0% 0.0% 68.35%
% of Gross Profit 140.63% 47.38% 41.39% 15.57% 6.74%
Operating Expenses $81.29M $107.6M $82.20M $24.21M $22.75M
YoY Change -24.43% 30.87% 239.52% 6.41%
Operating Profit -$121.0M -$177.0M -$80.99M -$21.00M -$18.35M
YoY Change -31.68% 118.59% 285.69% 14.45%

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 $3.294M $1.831M -$34.00K $40.00K $305.0K
YoY Change 79.9% -5485.29% -185.0% -86.89%
% of Operating Profit
Other Income/Expense, Net $1.914M $743.0K $51.00K $34.00K $4.000K
YoY Change 157.6% 1356.86% 50.0% 750.0%

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 -$115.6M -$161.0M -$81.50M -$20.90M -$18.04M
YoY Change -28.2% 97.55% 289.95% 15.86%
Income Tax $7.000K -$3.892M $1.000K $1.000K $1.000K
% Of Pretax Income
Net Earnings -$115.6M -$157.1M -$81.51M -$20.93M -$18.04M
YoY Change -26.43% 92.78% 289.51% 16.0%
Net Earnings / Revenue -1880.78% -1078.52% -1606.07% -237.44% -177.73%
Basic Earnings Per Share -$4.51 -$1.07 -$0.72
Diluted Earnings Per Share -$4.51 -$1.07 -$591.8K -$146.6K -$126.4K

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 $39.09M $114.5M $217.1M $33.66M $9.195M
YoY Change -65.86% -47.26% 544.94% 266.11%
Cash & Equivalents
Short-Term Investments $15.95M $79.34M
Other Short-Term Assets $2.323M $5.015M $9.202M $600.0K $354.0K
YoY Change -53.68% -45.5% 1433.67% 69.49%
Inventory $1.065M $3.562M $1.006M $707.0K $1.148M
Prepaid Expenses
Receivables $2.589M $6.026M $1.009M $1.363M $1.979M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $45.06M $129.1M $228.3M $36.33M $12.68M
YoY Change -65.09% -43.46% 528.42% 186.64%
Property, Plant & Equipment $14.93M $18.92M $7.051M $1.425M $911.0K
YoY Change -21.08% 168.37% 394.81% 56.42%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $429.0K $487.0K $441.0K $292.0K $129.0K
YoY Change -11.91% 10.43% 51.03% 126.36%
Total Long-Term Assets $15.36M $38.53M $7.492M $1.717M $1.040M
YoY Change -60.12% 414.23% 336.34% 65.1%
Total Assets $60.43M $167.6M $235.8M $38.05M $13.72M
YoY Change
Accounts Payable $1.291M $3.620M $1.681M $972.0K $1.264M
YoY Change -64.34% 115.35% 72.94% -23.1%
Accrued Expenses $6.326M $5.529M $3.437M $1.068M $595.0K
YoY Change 14.41% 60.87% 221.82% 79.5%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $1.398M $0.00
YoY Change -100.0%
Total Short-Term Liabilities $8.456M $10.53M $6.161M $3.555M $2.235M
YoY Change -19.71% 70.95% 73.31% 59.06%
Long-Term Debt $0.00 $3.000K $7.000K $1.305M $0.00
YoY Change -100.0% -57.14% -99.46%
Other Long-Term Liabilities $11.07M $12.64M $15.69M $1.000K $8.000K
YoY Change -12.46% -19.45% 1569200.0% -87.5%
Total Long-Term Liabilities $11.07M $12.64M $15.70M $1.306M $8.000K
YoY Change -12.48% -19.47% 1102.14% 16225.0%
Total Liabilities $19.52M $23.18M $21.86M $5.144M $2.240M
YoY Change -15.77% 6.01% 324.98% 129.64%

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
Basic Shares Outstanding 25.64M 146.8M 113.2M
Diluted Shares Outstanding 25.64M 146.8M 113.2M
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: $146.65 Million

About Palladyne AI Corp.

Sarcos Technology and Robotics Corp. engages in the design, development, and manufacture of industrial robotic systems that augment human performance by combining human intelligence, instinct, and judgment with the strength, endurance, and precision of machines to enhance employee safety and productivity. The company is headquartered in Salt Lake City, Utah and currently employs 70 full-time employees. The company went IPO on 2021-01-15. The firm is focused on autonomy for robotic systems. Its advanced artificial intelligence and machine learning software seeks to revolutionize the capabilities of robots, enabling them to observe, learn, reason, and act in a manner akin to human intelligence. Its artificial intelligence (AI) and ML software platform empowers robots to perceive variations or changes in the real-world environment, enabling them to autonomously maneuver and manipulate objects accurately in response. The Palladyne AI software solution dramatically reduces the significant effort required to program and deploy robots, enabling industrial robots and collaborative robots (cobots) to achieve autonomous capabilities even in dynamic or complex environments. Its software has various applications, including in industries, such as automotive, aviation, construction, defense, general manufacturing, and others.

Industry: Services-Prepackaged Software Peers: Berkshire Grey, Inc. NEXT-ChemX Corporation. Fathom Digital Manufacturing Corp CIRCOR INTERNATIONAL INC GORMAN RUPP CO HURCO COMPANIES INC HYSTER-YALE, INC. ILLINOIS TOOL WORKS INC Markforged Holding Corp PARK OHIO HOLDINGS CORP