Venus Concept Inc. financial data

Symbol
VERO on Nasdaq
Industry
Surgical & Medical Instruments & Apparatus
Location
235 Yorkland Blvd., Suite 900, Toronto, Ontario, Canada
State of incorporation
DE
Fiscal year end
December 31
Former names
Restoration Robotics, Inc. (to 11/6/2019), Restoration Robotics Inc (to 11/15/2017)
Latest financial report
10-Q - Q3 2024 - Nov 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 202 % -10.8%
Quick Ratio 71 % +4.43%
Debt-to-equity -1.55K % +61.7%
Return On Equity 985 % -42.7%
Return On Assets -60.7 % -86.4%
Operating Margin -41.9 % -16.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 7.26M shares +31.2%
Common Stock, Shares, Outstanding 7.26M shares +31.2%
Entity Public Float 6.63M USD -63.4%
Common Stock, Value, Issued 30K USD 0%
Weighted Average Number of Shares Outstanding, Basic 7.26M shares +31.3%
Weighted Average Number of Shares Outstanding, Diluted 7.26M shares +31.3%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 67.2M USD -18.6%
Research and Development Expense 6.88M USD -24.4%
Selling and Marketing Expense 29M USD -11.1%
General and Administrative Expense 37.8M USD -13.7%
Operating Income (Loss) -28.1M USD +4.79%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -50.1M USD -37.2%
Income Tax Expense (Benefit) -27K USD +96.2%
Net Income (Loss) Attributable to Parent -50.1M USD -39.1%
Earnings Per Share, Basic -8.02 USD/shares -15.9%
Earnings Per Share, Diluted -8.02 USD/shares -15.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 4.49M USD -8.87%
Accounts Receivable, after Allowance for Credit Loss, Current 21.1M USD -38.3%
Inventory, Net 18.9M USD -19.2%
Other Assets, Current 1.21M USD -48.5%
Assets, Current 51.2M USD -28.6%
Deferred Income Tax Assets, Net 1.29M USD +35.4%
Property, Plant and Equipment, Net 1.04M USD -30.9%
Operating Lease, Right-of-Use Asset 3.59M USD -22.7%
Intangible Assets, Net (Excluding Goodwill) 5.85M USD -37.3%
Assets 72.3M USD -26.9%
Employee-related Liabilities, Current 1.33M USD +1.99%
Accrued Liabilities, Current 4.62M USD -6.67%
Contract with Customer, Liability, Current 915K USD -19.2%
Liabilities, Current 27.5M USD +5.64%
Accrued Income Taxes, Noncurrent 0 USD -100%
Deferred Income Tax Liabilities, Net 0 USD -100%
Operating Lease, Liability, Noncurrent 2.33M USD -29.4%
Other Liabilities, Noncurrent 696K USD +107%
Liabilities 61.6M USD -44.1%
Retained Earnings (Accumulated Deficit) -301M USD -20%
Stockholders' Equity Attributable to Parent 10.1M USD
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 10.6M USD
Liabilities and Equity 72.3M USD -26.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -2.88M USD +51.1%
Net Cash Provided by (Used in) Financing Activities 2.59M USD +223%
Net Cash Provided by (Used in) Investing Activities -25K USD +64.3%
Common Stock, Shares Authorized 300M shares 0%
Common Stock, Shares, Issued 7.26M shares +31.2%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -309K USD +94%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.19M USD -17.2%
Deferred Tax Assets, Valuation Allowance 73.4M USD +14.1%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 3.74M USD -22.4%
Depreciation 455K USD -38.6%
Payments to Acquire Property, Plant, and Equipment 25K USD -64.3%
Property, Plant and Equipment, Gross 7.66M USD +15.8%
Operating Lease, Liability, Current 1.41M USD -7.13%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.11M USD -9.69%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.31M USD -10.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) -120K USD -181%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 164K USD -62.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 595K USD -42.7%
Deferred Tax Assets, Operating Loss Carryforwards 54.3M USD +16.2%
Unrecognized Tax Benefits 113K USD +36.1%
Lessee, Operating Lease, Liability, to be Paid, Year Four 204K USD -65.7%
Operating Lease, Payments 1.54M USD -23.7%
Amortization of Intangible Assets 3.48M USD +0.09%
Depreciation, Depletion and Amortization 975K USD -3.18%
Deferred Tax Assets, Net of Valuation Allowance 1.03M USD +8.98%
Share-based Payment Arrangement, Expense 1.17M USD -33.6%