LeMaitre Vascular, Inc. (LMAT)

LeMaitre Vascular Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	213.03	193.48	161.65	154.42	129.37	117.23
Revenue Growth (YoY)	14.81%	19.69%	4.68%	19.37%	10.35%	11.05%
Cost of Revenue	67.45	66.44	56.76	53.04	44.75	37.38
Gross Profit	145.58	127.05	104.9	101.38	84.62	79.85
Selling, General & Admin	79.59	72.89	61.67	53.16	46.2	49.39
Research & Development	16.38	16.97	13.29	11.8	10.1	9.28
Operating Expenses	95.97	89.85	74.96	64.96	56.3	58.67
Operating Income	49.61	37.2	29.94	36.43	28.32	21.18
Interest Expense	-	-	-	-2.22	-1.31	-
Interest & Investment Income	4.33	3.08	0.99	0.2	0.21	0.7
Currency Exchange Gain (Loss)	0.54	-	-	-	-	-0.2
Other Non Operating Income (Expenses)	-0.31	-0.31	-0.33	-0.12	-0.33	-
EBT Excluding Unusual Items	54.17	39.96	30.6	34.29	26.89	21.68
Merger & Restructuring Charges	-	-0.49	-3.11	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	0.47	-
Pretax Income	54.17	39.48	27.49	34.29	27.36	21.68
Income Tax Expense	12.85	9.37	6.85	7.38	6.14	3.75
Net Income	41.32	30.11	20.64	26.91	21.22	17.93
Net Income to Common	41.32	30.11	20.64	26.91	21.22	17.93
Net Income Growth	51.53%	45.89%	-23.31%	26.80%	18.32%	-21.83%
Shares Outstanding (Basic)	22	22	22	21	20	20
Shares Outstanding (Diluted)	23	22	22	21	20	20
Shares Change (YoY)	1.29%	1.14%	3.24%	4.86%	0.75%	0.41%
EPS (Basic)	1.85	1.36	0.94	1.27	1.05	0.91
EPS (Diluted)	1.82	1.34	0.93	1.25	1.04	0.88
EPS Growth	49.21%	44.09%	-25.60%	20.19%	18.18%	-22.12%
Free Cash Flow	33.49	29.49	22.15	30.22	31.82	10.42
Free Cash Flow Per Share	1.48	1.31	1.00	1.41	1.55	0.51
Dividend Per Share	0.620	0.560	0.500	0.440	0.380	0.340
Dividend Growth	13.76%	12.00%	13.64%	15.79%	11.76%	21.43%
Gross Margin	68.34%	65.66%	64.89%	65.65%	65.41%	68.12%
Operating Margin	23.29%	19.22%	18.52%	23.59%	21.89%	18.07%
Profit Margin	19.40%	15.56%	12.77%	17.42%	16.40%	15.30%
Free Cash Flow Margin	15.72%	15.24%	13.70%	19.57%	24.60%	8.89%
EBITDA	59.24	46.71	39.37	47.5	36.71	26.6
EBITDA Margin	27.81%	24.14%	24.35%	30.76%	28.38%	22.69%
D&A For EBITDA	9.64	9.52	9.43	11.07	8.4	5.42
EBIT	49.61	37.2	29.94	36.43	28.32	21.18
EBIT Margin	23.29%	19.22%	18.52%	23.59%	21.89%	18.07%
Effective Tax Rate	23.72%	23.74%	24.93%	21.52%	22.43%	17.27%
Advertising Expenses	-	0.24	0.2	0.24	0.22	0.29

Source: S&P Capital IQ. Standard template. Financial Sources.