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Venus Concept Inc   (VERO)
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Venus Concept Inc

VERO's Financial Statements and Analysis



Venus Concept Inc narrowed first quarter of 2024 net loss per share of $-1.68 compare to net loss per share of $-1.85 recorded in the same quarter a year ago and improved compare to net loss per share of $-2.00 realized in previous quarter.


first quarter of 2024
Earnings Per Share Revenues
$ -1.68 $  13 Mill
$+0.17     $-3M     -16.83 %



Venus Concept Inc 's Revenue fell by -16.83 % in first quarter of 2024 (Mar 31 2024) year on year, to $13 million and declined by -13.11 % sequentially.


Venus Concept Inc is

More on VERO's Income Statement



Venus Concept Inc in the first quarter of 2024 recorded net loss of $-9.789 million, an increase from net loss of $-9.623 million in I. Quarter a year ago.

Sequentially net loss narrowed from net loss of $-11.150 million realized in previous quarter.

More on VERO's Growth

Venus Concept Inc Inventories
Inventories declined by -7.48 % to $20.98 million from I. Quarter a year ago, sequentially inventories fell by -9.08 %. In Mar 31 2024 company's net cash and cash equivalents decreased by $0 million, capital expenditures grew by -0.07-64.29%, to $0 millions compare to same quarter a year ago

More on VERO's Cash flow Statement


Venus Concept Inc does not pay out common stock dividend.

In trailing twelve-month period Venus Concept Inc payed $ -1.69 cash per share, on a free-cash flow basis .


Tangible Book value fell to $ -5.06 per share from $ -4.02.

Company issued 0.38 million shares or 7.03 % in Mar 31 2024.


More on VERO's Dividends

 Market Capitalization (Millions) 3
 Shares Outstanding (Millions) 6
 Total Debt (Millions $) 77
 Revenue (TTM) (Millions $) 56
 Net Income (TTM) (Millions $) -37
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 201




Venus Concept Inc does not pay out common stock dividend.

In trailing twelve-month period Venus Concept Inc had negative $ -1.69 cash flow per share, on a free-cash flow basis .


Tangible Book value fell to $ -5.06 per share from $ -4.02.

Company issued 0.38 million shares or 7.03 % in Mar 31 2024.


More on VERO's Balance Sheets

 Market Capitalization (Millions) 3
 Shares Outstanding (Millions) 6
 Total Debt (Millions $) 77
 Revenue (TTM) (Millions $) 56
 Net Income (TTM) (Millions $) -37
 Cash Flow (TTM) (Millions $) -1
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 201
   


  News about Venus Concept Inc Earnings

Financial Struggles Persist for Venus Concept Inc in First Quarter of 2024

Venus Concept Inc, a global medical aesthetic technology leader, recently reported its financial results for the first quarter of 2024. The company managed to reduce its losses on fading revenue, showing signs of improvement but still facing challenges.
During the three months ended March 31, 2024, Venus Concept Inc recorded a net loss of $9.789 million, which is higher than the net loss of $9.623 million in the same period the previous year. The company also saw a decline in revenue, with a decrease of -16.834% to $12.65 million compared to $15.21 million in the same reporting period last year. However, there was an improvement in income per share, with a decrease of $-1.68 per share compared to $-1.85...

Venus Concept Inc. Reports Astonishing 4580.064% Improvement in Revenue for Fiscal Fourth Quarter of 2023

Venus Concept Inc. has had a rollercoaster ride in the stock market over the past few trading days, with a significant drop in stock price. Despite this, the company announced very strong revenue improvement in the fiscal fourth quarter of 2023, showing a 4580.064% increase year on year to $14.56 million. This is a positive sign for the company and demonstrates its ability to generate revenue.
However, the company also reported an increased shortfall per share at $-2.00, which may have contributed to the drop in stock price. It is important to note that while revenue improvement is important, profitability is also a key factor for investors. The company's increased shortfall per share may have raised con...

Venus Concept Inc. Reports Significant -9.642% Decline in Revenue During Latest Fiscal Period, Highlighting Industry Challenges for Medical Equipment & Supplies Sector

Venus Concept Inc, a leading player in the Medical Equipment and Supplies sector, has been experiencing a decline in revenue and an increase in losses. In the third quarter of 2023, the company reported a loss per share of $-1.64, which was higher compared to the previous quarter's loss per share of $-1.35. Additionally, the revenue dropped by -9.642% to $13.19 million, year on year.
This downward trend in revenue and increasing losses can be attributed to lower turnover, which has impacted the company's financial performance. While the Medical Equipment and Supplies sector as a whole saw a revenue rise of 4.81% during the same period, Venus Concept Inc faced challenges in maintaining its revenue levels....

Venus Concept Inc Faces Challenging Market Environment as Increased Deficit and Declining Revenue Raise Concerns



As the fiscal period comes to a close, Venus Concept Inc, a prominent player in the Medical Equipment and Supplies sector, has reported a significant increase in its deficit, negatively impacting its earnings per share. Simultaneously, the company witnessed a decline in revenue juxtaposed against sector peers who experienced substantial gains. These latest financial results coincide with the company's declining accounts receivable, sparking speculation of weakening demand. Amidst these swirling concerns, Venus Concept Inc's shares have experienced remarkable volatility, signaling a challenging market environment for the company.
Financial Performance Analysis:
Comparing the most recent fisc...

Venus Concept Inc Faces Uncertain Future as First Quarter 2023 Report Reveals Devastating Losses and Negative ROE

Venus Concept Inc, a leading medical equipment and supplies company, has reported a disastrous first quarter financial report for 2023. The company's revenue decreased by a staggering 59.544% compared to the corresponding quarter of the previous year, and a shortfall per share has extended to $-1.85. This is a sharp drop from the previous quarter, where revenue grew sequentially by 4.215% to $14.59 million, with a shortfall per share of $-0.22.
For the financial period ending March 31, 2023, Venus Concept Inc realized a net shortfall of $-9.623 million, which is an increase from $-4.110 million in the same quarter a year ago. The company's cumulative net loss during the 12 months that ended in the first ...


Date modified: 2024-05-15T23:05:24+00:00





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