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 - Q2 2024 - Aug 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 222 % -2.11%
Quick Ratio 75.8 % +13.3%
Debt-to-equity -889 % -120%
Return On Equity 471 %
Return On Assets -55.9 % -56.2%
Operating Margin -39.8 % -0.38%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 7.26M shares +31.3%
Common Stock, Shares, Outstanding 7.26M shares +31.3%
Entity Public Float 6.63M USD -63.4%
Common Stock, Value, Issued 30K USD 0%
Weighted Average Number of Shares Outstanding, Basic 6.55M shares +19.7%
Weighted Average Number of Shares Outstanding, Diluted 6.55M shares +19.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 69.8M USD -19.2%
Research and Development Expense 7.12M USD -30.2%
Selling and Marketing Expense 29.2M USD -16.6%
General and Administrative Expense 39.1M USD -15%
Operating Income (Loss) -27.8M USD +18.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -50.1M USD -19.4%
Income Tax Expense (Benefit) -317K USD +42.6%
Net Income (Loss) Attributable to Parent -49.9M USD -20.1%
Earnings Per Share, Basic -8.38 USD/shares +3.01%
Earnings Per Share, Diluted -8.38 USD/shares +3.01%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 5.73M USD -6.37%
Accounts Receivable, after Allowance for Credit Loss, Current 24.6M USD -34.5%
Inventory, Net 19.8M USD -13.8%
Other Assets, Current 1.26M USD -36.7%
Assets, Current 56.9M USD -24.9%
Deferred Income Tax Assets, Net 1.2M USD +36.4%
Property, Plant and Equipment, Net 1.13M USD -31.3%
Operating Lease, Right-of-Use Asset 3.91M USD -21.6%
Intangible Assets, Net (Excluding Goodwill) 6.72M USD -34.1%
Assets 79.8M USD -24.9%
Employee-related Liabilities, Current 2.13M USD +33%
Accrued Liabilities, Current 4.89M USD +21.6%
Contract with Customer, Liability, Current 894K USD -14.9%
Liabilities, Current 28.5M USD -18.3%
Accrued Income Taxes, Noncurrent 0 USD -100%
Deferred Income Tax Liabilities, Net 2K USD -66.7%
Operating Lease, Liability, Noncurrent 2.61M USD -28.7%
Other Liabilities, Noncurrent 664K USD +69.4%
Liabilities 75.4M USD -32.5%
Retained Earnings (Accumulated Deficit) -292M USD -20.7%
Stockholders' Equity Attributable to Parent 3.7M USD
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 4.36M USD
Liabilities and Equity 79.8M USD -24.9%

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 +31.3%
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 4.04M USD -22.8%
Depreciation 491K USD -39.6%
Payments to Acquire Property, Plant, and Equipment 25K USD -64.3%
Lessee, Operating Lease, Liability, to be Paid 7.4M USD
Property, Plant and Equipment, Gross 7.61M USD +14.8%
Operating Lease, Liability, Current 1.43M USD -8.85%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.1M USD -10.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.29M USD -8.03%
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 179K USD -49.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 592K USD -43%
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 202K USD -66%
Operating Lease, Payments 1.68M USD -16.9%
Amortization of Intangible Assets 3.48M USD +0.14%
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 1.3M USD -33.6%