NASDAQ : LASE
Laser Photonics Corporation — Financial statements
Industrials · Specialty Industrial Machinery · United States
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Financial statements
Laser Photonics Corporation (LASE) reported revenue of 6.17M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 5.75M | 7.92M | 3.37M | 3.94M | 3.89M | 4.19M |
| Other Revenue | 420.09K | 420.09K | 47.52K | |||
| Revenue | 6.17M | 8.34M | 3.42M | 3.94M | 3.89M | 4.19M |
| Cost of Revenue | 7.21M | 7.14M | 3.00M | 1.04M | 1.95M | 2.06M |
| Gross Profit | -1.04M | 1.20M | 414.99K | 2.90M | 1.94M | 2.13M |
| Selling, General & Admin | 10.23M | 9.84M | 5.37M | 5.52M | 3.46M | 1.12M |
| Research & Development | 511.69K | 513.56K | 578.89K | 202.26K | 100.80K | |
| Other Operating Expenses | 11.23K | |||||
| Operating Expenses | 10.74M | 10.36M | 5.95M | 6.25M | 4.01M | 1.52M |
| Operating Income | -11.78M | -9.15M | -5.53M | -3.35M | -2.07M | 611.13K |
| Interest Expense | -4.29M | -4.39M | -24.43K | -49.35K | ||
| Other Non Operating Income (Expenses) | -16.24K | 224.73K | 86.52K | 30.06K | 22.68K | |
| EBT Excluding Unusual Items | -16.09M | -13.32M | -5.44M | -3.32M | -2.09M | 584.46K |
| Asset Writedown | -4.14M | -4.14M | -932.67K | |||
| Other Unusual Items | 3.86M | |||||
| Pretax Income | -20.23M | -17.46M | -2.52M | -3.32M | -2.09M | 584.46K |
| Income Tax Expense | 68.00 | |||||
| Net Income | -20.23M | -17.46M | -2.52M | -3.32M | -2.09M | 584.39K |
| Preferred Dividends & Other Adjustments | 15.10M | 15.10M | 6.62M | |||
| Net Income to Common | -35.33M | -32.56M | -9.13M | -3.32M | -2.09M | 584.39K |
| Shares Outstanding (Basic) | 26.68M | 17.11M | 11.63M | 8.93M | 5.69M | 4.88M |
| Shares Outstanding (Diluted) | 26.68M | 17.11M | 11.63M | 8.93M | 5.69M | 4.88M |
| EPS (Basic) | -1.32 | -1.90 | -0.79 | -0.37 | -0.37 | 0.12 |
| EPS (Diluted) | -1.32 | -1.90 | -0.79 | -0.37 | -0.37 | 0.12 |
| Free Cash Flow | -7.90M | -2.86M | -3.71M | -4.33M | -752.63K | 1.37M |
| Free Cash Flow Per Share | -0.30 | -0.17 | -0.32 | -0.48 | -0.13 | 0.28 |
| Gross Margin | -16.79% | 14.41% | 12.15% | 73.56% | 49.82% | 50.86% |
| Operating Margin | -190.81% | -109.72% | -161.94% | -84.99% | -53.14% | 14.58% |
| Profit Margin | -572.16% | -390.30% | -267.45% | -84.23% | -53.76% | 13.94% |
| Free Cash Flow Margin | -127.89% | -34.25% | -108.65% | -109.99% | -19.32% | 32.59% |
| EBITDA | -11.01M | -8.04M | -4.56M | -2.82M | -1.63M | 1.01M |
| EBITDA Margin | -178.32% | -96.41% | -133.48% | -71.71% | -41.90% | 24.04% |
| D&A For EBITDA | 771.07K | 1.11M | 972.13K | 523.38K | 437.83K | 396.25K |
| EBIT | -11.78M | -9.15M | -5.53M | -3.35M | -2.07M | 611.13K |
| EBIT Margin | -190.81% | -109.72% | -161.94% | -84.99% | -53.14% | 14.58% |
| Effective Tax Rate | 0.01% | |||||
| Revenue as Reported | 8.34M | 8.34M | 3.42M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.16M | 650.34K | 533.87K | 6.20M | 12.18M | 615.75K |
| Cash & Short-Term Investments | 2.16M | 650.34K | 533.87K | 6.20M | 12.18M | 615.75K |
| Receivables | 592.49K | 805.88K | 1.73M | 816.36K | 421.36K | 84.36K |
| Inventory | 1.18M | 1.29M | 2.34M | 2.24M | 1.05M | 1.79M |
| Prepaid Expenses | 672.57K | 120.83K | 58.57K | |||
| Other Current Assets | 125.00K | 39.19K | 72.53K | |||
| Total Current Assets | 4.60M | 2.99M | 4.66M | 9.29M | 13.72M | 2.49M |
| Property, Plant & Equipment | 4.80M | 5.24M | 6.71M | 1.55M | 1.92M | 1.20M |
| Other Intangible Assets | 874.07K | 922.70K | 5.46M | 4.28M | 2.94M | 3.17M |
| Other Long-Term Assets | 302.00K | 302.00K | 316.38K | 3.00K | ||
| Total Assets | 10.58M | 9.45M | 17.15M | 15.12M | 18.58M | 6.86M |
| Accounts Payable | 2.07M | 1.94M | 559.26K | 223.04K | 190.39K | 113.44K |
| Accrued Expenses | 993.32K | 918.33K | 266.72K | 161.54K | 429.43K | 15.46K |
| Short-Term Debt | 862.99K | 4.56M | ||||
| Current Portion of Leases | 249.12K | 214.04K | 649.99K | 434.15K | 344.51K | 171.76K |
| Current Unearned Revenue | 3.31M | 2.36M | 1.10M | 213.11K | 91.78K | |
| Other Current Liabilities | 222.71K | 338.90K | ||||
| Total Current Liabilities | 7.71M | 10.33M | 2.57M | 1.03M | 964.33K | 392.43K |
| Long-Term Debt | 579.01K | |||||
| Long-Term Leases | 3.78M | 4.15M | 4.37M | 162.99K | 487.56K | 328.00K |
| Other Long-Term Liabilities | 1.00 | |||||
| Total Liabilities | 11.49M | 14.49M | 6.94M | 1.19M | 1.45M | 1.30M |
| Common Stock | 47.65K | 22.85K | 14.26K | 9.25K | 78.78K | 48.78K |
| Additional Paid-In Capital | 30.49M | 20.16M | 17.89M | 19.18M | 18.14M | 5.24M |
| Retained Earnings | -31.44M | -25.21M | -7.75M | -5.24M | -1.92M | 269.29K |
| Treasury Stock | -10.00K | -10.00K | -33.81K | -25.24K | ||
| Comprehensive Income & Other | 100.00K | 829.50K | ||||
| Shareholders' Equity | -911.55K | -5.04M | 10.21M | 13.93M | 17.13M | 5.56M |
| Total Liabilities & Equity | 10.58M | 9.45M | 17.15M | 15.12M | 18.58M | 6.86M |
| Total Debt | 4.89M | 8.92M | 5.02M | 597.14K | 832.07K | 1.08M |
| Net Cash (Debt) | -2.74M | -8.27M | -4.48M | 5.60M | 11.35M | -463.02K |
| Net Cash Per Share | -0.10 | -0.48 | -0.39 | 0.63 | 2.00 | -0.09 |
| Filing Date Shares Outstanding | 50.18M | 32.60M | 14.28M | 9.25M | 7.88M | 4.88M |
| Total Common Shares Outstanding | 47.63M | 22.85M | 14.26M | 9.23M | 7.88M | 4.88M |
| Working Capital | -3.11M | -7.34M | 2.09M | 8.26M | 12.76M | 2.10M |
| Book Value Per Share | -0.02 | -0.22 | 0.72 | 1.51 | 2.17 | 1.14 |
| Tangible Book Value | -1.79M | -5.96M | 4.75M | 9.65M | 14.19M | 2.39M |
| Tangible Book Value Per Share | -0.04 | -0.26 | 0.33 | 1.05 | 1.80 | 0.49 |
| Machinery | 3.54M | 3.54M | 4.13M | 1.65M | 1.57M | 885.11K |
| Leasehold Improvements | 366.54K | 268.56K | 257.56K | 31.77K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -20.23M | -17.46M | -2.52M | -3.32M | -2.09M | 584.39K |
| Depreciation & Amortization | 771.07K | 1.11M | 972.13K | 523.38K | 437.83K | 396.25K |
| Other Amortization | 875.57K | 869.24K | ||||
| Asset Writedown & Restructuring Costs | 4.14M | 4.14M | 932.67K | |||
| Stock-Based Compensation | 2.47M | 2.33M | 33.34K | 145.55K | 829.50K | |
| Provision & Write-off of Bad Debts | -290.90K | -285.49K | 285.49K | |||
| Other Operating Activities | 1.69M | 1.40M | -3.41M | -31.77K | 1.00 | -28.75K |
| Change in Accounts Receivable | 1.23M | 1.21M | -583.59K | -395.00K | -311.19K | 982.01K |
| Change in Inventory | 620.67K | 1.36M | 329.10K | -1.19M | 744.93K | 381.38K |
| Change in Accounts Payable | 457.05K | 1.39M | 334.41K | 32.65K | 84.89K | 57.86K |
| Change in Unearned Revenue | 1.42M | 1.26M | 784.16K | 213.11K | -91.78K | |
| Change in Other Net Operating Assets | -956.57K | -171.26K | -517.01K | -234.55K | 336.50K | -997.84K |
| Operating Cash Flow | -7.80M | -2.84M | -3.36M | -4.26M | -63.38K | 1.38M |
| Capital Expenditures | -94.89K | -19.48K | -352.82K | -76.69K | -689.25K | -9.67K |
| Cash Acquisitions | -625.00K | |||||
| Sale (Purchase) of Intangibles | -408.17K | -219.79K | ||||
| Investing Cash Flow | -94.89K | -19.48K | -977.82K | -484.86K | -689.25K | -229.47K |
| Short-Term Debt Issued | 751.00K | |||||
| Long-Term Debt Issued | 6.73M | 118.58K | ||||
| Total Debt Issued | 5.90M | 7.48M | 118.58K | |||
| Short-Term Debt Repaid | -4.49M | |||||
| Long-Term Debt Repaid | -579.01K | -665.08K | ||||
| Total Debt Repaid | -8.54M | -4.49M | -579.01K | -665.08K | ||
| Net Debt Issued (Repaid) | -2.64M | 2.99M | -579.01K | -546.51K | ||
| Issuance of Common Stock | 13.75M | 3.53M | 4.45M | 12.90M | ||
| Common Dividends Paid | -1.13M | -3.55M | -5.78M | -1.21M | -310.28K | |
| Other Financing Activities | -25.24K | |||||
| Financing Cash Flow | 9.97M | 2.97M | -1.33M | -1.24M | 12.32M | -856.79K |
| Net Cash Flow | 2.08M | 116.47K | -5.67M | -5.98M | 11.57M | 289.04K |
| Free Cash Flow | -7.90M | -2.86M | -3.71M | -4.33M | -752.63K | 1.37M |
| Free Cash Flow Margin | -127.89% | -34.25% | -108.65% | -109.99% | -19.32% | 32.59% |
| Free Cash Flow Per Share | -0.30 | -0.17 | -0.32 | -0.48 | -0.13 | 0.28 |
| Levered Free Cash Flow | -2.67M | 1.26M | -2.52M | -3.48M | 3.84K | 944.12K |
| Unlevered Free Cash Flow | -868.80K | 3.14M | -2.52M | -3.48M | 19.11K | 974.97K |
| Cash Interest Paid | 1.05M | 49.35K | ||||
| Cash Income Tax Paid | 109.50K | 68.00 | ||||
| Change in Working Capital | 2.77M | 5.05M | 347.06K | -1.58M | 763.36K | 423.40K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 39.58M | 55.16M | 79.81M | 9.74M | 16.07M | |
| Enterprise Value | 42.32M | 60.36M | 77.94M | 2.02M | 16.31M | |
| Last Close Price | 0.65 | 2.47 | 5.78 | 1.18 | 2.04 | |
| Forward PE | 4.07 | 4.07 | 4.07 | 3.20 | ||
| PS Ratio | 6.41 | 6.61 | 23.37 | 2.47 | 4.13 | |
| PB Ratio | -10.95 | 7.82 | 0.70 | 0.94 | ||
| P/TBV Ratio | 16.79 | 1.01 | 1.13 | |||
| EV/Sales Ratio | 6.85 | 7.24 | 22.82 | 0.51 | 4.19 | |
| Debt / Equity Ratio | -5.37 | -1.77 | 0.49 | 0.04 | 0.05 | 0.19 |
| Debt / EBITDA Ratio | 0.91 | |||||
| Debt / FCF Ratio | 0.79 | |||||
| Net Debt / Equity Ratio | -3.00 | -1.64 | 0.44 | -0.40 | -0.66 | 0.08 |
| Net Debt / EBITDA Ratio | -0.25 | -1.03 | -0.98 | 1.98 | 6.96 | 0.46 |
| Net Debt / FCF Ratio | -0.35 | -2.90 | -1.21 | 1.29 | 15.08 | 0.34 |
| Asset Turnover | 0.48 | 0.63 | 0.21 | 0.23 | 0.31 | 0.58 |
| Inventory Turnover | 5.43 | 3.94 | 1.31 | 0.64 | 1.38 | 1.04 |
| Quick Ratio | 0.36 | 0.14 | 0.88 | 6.80 | 13.07 | 1.78 |
| Current Ratio | 0.60 | 0.29 | 1.81 | 9.01 | 14.23 | 6.35 |
| Return on Equity (ROE) | -1,180.95% | -674.54% | -20.87% | -21.37% | -18.46% | 10.78% |
| Return on Assets (ROA) | -57.71% | -43.01% | -21.42% | -12.42% | -10.17% | 5.33% |
| Return on Invested Capital (ROIC) | -447.89% | -132.55% | -48.05% | -47.47% | -35.06% | 9.93% |
| Return on Capital Employed (ROCE) | -410.40% | 1,035.20% | -37.90% | -23.80% | -11.70% | 9.40% |
| Earnings Yield | -203.00% | -31.64% | -3.16% | -34.07% | -13.03% | |
| FCF Yield | -19.95% | -5.18% | -4.65% | -44.49% | -4.68% | |
| Payout Ratio | 53.09% | |||||
| Buyback Yield / Dilution | -93.21% | -47.13% | -30.20% | -57.09% | -16.58% | -10.00% |