LeMaitre Vascular, Inc. (LMAT)

LeMaitre Vascular Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	199.89	193.48	161.65	154.42	129.37	117.23
Revenue Growth (YoY)	18.16%	19.69%	4.68%	19.37%	10.35%	11.05%
Cost of Revenue	67.06	66.44	56.76	53.04	44.75	37.38
Gross Profit	132.83	127.05	104.9	101.38	84.62	79.85
Selling, General & Admin	74.76	72.89	61.67	53.16	46.2	49.39
Research & Development	17.18	16.97	13.29	11.8	10.1	9.28
Operating Expenses	91.94	89.85	74.96	64.96	56.3	58.67
Operating Income	40.89	37.2	29.94	36.43	28.32	21.18
Interest Expense	-	-	-	-2.22	-1.31	-
Interest & Investment Income	3.51	3.08	0.99	0.2	0.21	0.7
Currency Exchange Gain (Loss)	0.35	-	-	-	-	-0.2
Other Non Operating Income (Expenses)	-0.31	-0.31	-0.33	-0.12	-0.33	-
EBT Excluding Unusual Items	44.44	39.96	30.6	34.29	26.89	21.68
Merger & Restructuring Charges	-0.18	-0.49	-3.11	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	0.47	-
Pretax Income	44.26	39.48	27.49	34.29	27.36	21.68
Income Tax Expense	10.3	9.37	6.85	7.38	6.14	3.75
Net Income	33.95	30.11	20.64	26.91	21.22	17.93
Net Income to Common	33.95	30.11	20.64	26.91	21.22	17.93
Net Income Growth	64.51%	45.89%	-23.31%	26.80%	18.32%	-21.83%
Shares Outstanding (Basic)	22	22	22	21	20	20
Shares Outstanding (Diluted)	22	22	22	21	20	20
Shares Change (YoY)	1.28%	1.14%	3.24%	4.86%	0.75%	0.41%
EPS (Basic)	1.52	1.36	0.94	1.27	1.05	0.91
EPS (Diluted)	1.51	1.34	0.93	1.25	1.04	0.88
EPS Growth	62.28%	44.09%	-25.60%	20.19%	18.18%	-22.12%
Free Cash Flow	33.04	29.49	22.15	30.22	31.82	10.42
Free Cash Flow Per Share	1.47	1.31	1.00	1.41	1.55	0.51
Dividend Per Share	0.580	0.560	0.500	0.440	0.380	0.340
Dividend Growth	12.62%	12.00%	13.64%	15.79%	11.76%	21.43%
Gross Margin	66.45%	65.66%	64.89%	65.65%	65.41%	68.12%
Operating Margin	20.46%	19.22%	18.52%	23.59%	21.89%	18.07%
Profit Margin	16.99%	15.56%	12.77%	17.42%	16.40%	15.30%
Free Cash Flow Margin	16.53%	15.24%	13.70%	19.57%	24.60%	8.89%
EBITDA	50.44	46.71	39.37	47.5	36.71	26.6
EBITDA Margin	25.23%	24.14%	24.35%	30.76%	28.38%	22.69%
D&A For EBITDA	9.55	9.52	9.43	11.07	8.4	5.42
EBIT	40.89	37.2	29.94	36.43	28.32	21.18
EBIT Margin	20.46%	19.22%	18.52%	23.59%	21.89%	18.07%
Effective Tax Rate	23.28%	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.