Venus Concept Inc. (VERO)

Venus Concept Balance Sheet

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
Cash & Equivalents	4.49	5.4	11.57	30.88	34.3	15.67
Cash & Short-Term Investments	4.49	5.4	11.57	30.88	34.3	15.67
Cash Growth	-8.87%	-53.36%	-62.53%	-9.97%	118.93%	132.47%
Accounts Receivable	21.1	29.15	37.26	46.92	52.76	58.98
Other Receivables	0.7	1.42	2.23	2.73	3.59	1.7
Receivables	21.8	30.57	39.49	49.65	56.35	60.68
Inventory	18.9	23.07	23.91	20.54	17.76	18.84
Prepaid Expenses	1	1.3	1.69	2.74	2.24	2.52
Restricted Cash	-	-	-	-	0.08	0.08
Other Current Assets	5.02	6.11	7.35	6.7	4.67	1.91
Total Current Assets	51.22	66.45	84.01	110.5	115.4	99.7
Property, Plant & Equipment	4.63	5.84	7.72	2.67	3.54	4.65
Goodwill	-	-	-	-	-	27.45
Other Intangible Assets	5.85	8.45	11.92	15.39	18.87	22.34
Long-Term Accounts Receivable	8.87	11.32	20.04	27.71	21.15	35.66
Long-Term Deferred Tax Assets	1.29	1.03	0.95	0.28	0.88	0.62
Other Long-Term Assets	0.43	0.57	0.74	0.82	0.69	0.71
Total Assets	72.28	93.65	125.38	157.37	160.53	191.13
Accounts Payable	7.12	9.04	8.03	8.42	6.32	9.4
Accrued Expenses	10.67	12.44	16.67	19.51	20.25	21.12
Short-Term Debt	4.39	-	-	-	-	7.79
Current Portion of Long-Term Debt	0.2	4.16	7.74	0.54	-	-
Current Portion of Leases	1.41	1.59	1.81	-	-	-
Current Income Taxes Payable	0.66	0.37	0.12	0.29	1.13	2.17
Current Unearned Revenue	1.94	2.54	4.16	4.71	3.7	6.44
Other Current Liabilities	1.07	1.03	1.07	1.25	1.11	1.25
Total Current Liabilities	27.47	31.16	39.6	34.72	32.52	48.17
Long-Term Debt	30.03	70.79	70	77.33	79.6	61.23
Long-Term Leases	2.33	3.16	4.22	-	-	-
Long-Term Unearned Revenue	0.39	0.67	0.96	1.36	1.78	1.68
Long-Term Deferred Tax Liabilities	-	0.02	-	0.05	0.81	1.02
Other Long-Term Liabilities	1.43	1.31	1.86	2.33	2.06	2.35
Total Liabilities	61.65	107.1	116.64	115.78	116.76	114.45
Common Stock	0.03	0.03	0.03	0.03	0.03	0.02
Additional Paid-In Capital	311.01	247.85	232.17	221.32	201.6	149.84
Retained Earnings	-300.93	-261.9	-224.11	-180.41	-157.39	-75.69
Total Common Equity	10.11	-14.02	8.09	40.94	44.23	74.18
Minority Interest	0.52	0.57	0.65	0.65	-0.47	2.5
Shareholders' Equity	10.63	-13.45	8.74	41.6	43.76	76.68
Total Liabilities & Equity	72.28	93.65	125.38	157.37	160.53	191.13
Total Debt	38.35	79.7	83.77	77.87	79.6	69.02
Net Cash (Debt)	-33.87	-74.3	-72.2	-46.99	-45.3	-53.35
Net Cash Per Share	-5.38	-13.65	-16.42	-12.94	-18.55	-93.96
Filing Date Shares Outstanding	7.26	6.36	5.33	4.27	3.6	2.15
Total Common Shares Outstanding	7.26	5.53	5.14	4.27	3.57	1.91
Working Capital	23.75	35.29	44.41	75.78	82.89	51.53
Book Value Per Share	1.39	-2.54	1.57	9.60	12.39	38.79
Tangible Book Value	4.26	-22.47	-3.83	25.55	25.37	24.39
Tangible Book Value Per Share	0.59	-4.06	-0.74	5.99	7.11	12.75
Machinery	6.59	6.54	6.54	11.91	11.64	11.41
Leasehold Improvements	0.86	0.85	0.79	1.84	1.84	1.95

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