Venus Concept Inc. (VERO)

Venus Concept Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	3.2	4.27	5.4	11.57	30.88	34.3
Cash & Short-Term Investments	3.2	4.27	5.4	11.57	30.88	34.3
Cash Growth	-37.11%	-20.85%	-53.36%	-62.53%	-9.98%	118.93%
Accounts Receivable	16.78	18.72	29.15	37.26	46.92	52.76
Other Receivables	-	0.61	1.42	2.23	2.73	3.59
Receivables	16.78	19.33	30.57	39.49	49.65	56.35
Inventory	17.63	17.56	23.07	23.91	20.54	17.76
Prepaid Expenses	0.74	0.83	1.3	1.69	2.74	2.24
Restricted Cash	-	-	-	-	-	0.08
Other Current Assets	7.25	6.52	6.11	7.35	6.7	4.67
Total Current Assets	45.61	48.51	66.45	84.01	110.5	115.4
Property, Plant & Equipment	3.93	4.22	5.84	7.72	2.67	3.54
Other Intangible Assets	4.12	4.97	8.45	11.92	15.39	18.87
Long-Term Accounts Receivable	-	8.53	11.32	20.04	27.71	21.15
Long-Term Deferred Tax Assets	1.12	1.46	1.03	0.95	0.28	0.88
Other Long-Term Assets	8.69	0.49	0.57	0.74	0.82	0.69
Total Assets	63.46	68.18	93.65	125.38	157.37	160.53
Accounts Payable	7.37	6.48	9.04	8.03	8.42	6.32
Accrued Expenses	10.51	11.43	12.44	16.67	19.51	20.25
Short-Term Debt	13.91	8.27	-	-	-	-
Current Portion of Long-Term Debt	-	-	4.16	7.74	0.54	-
Current Portion of Leases	1.3	1.32	1.59	1.81	-	-
Current Income Taxes Payable	-	-	0.37	0.12	0.29	1.13
Current Unearned Revenue	1.71	1.86	2.54	4.16	4.71	3.7
Other Current Liabilities	0.81	0.92	1.03	1.07	1.25	1.11
Total Current Liabilities	35.61	30.29	31.16	39.6	34.72	32.52
Long-Term Debt	21.57	31.44	70.79	70	77.33	79.6
Long-Term Leases	1.8	2	3.16	4.22	-	-
Long-Term Unearned Revenue	0.34	0.36	0.67	0.96	1.36	1.78
Long-Term Deferred Tax Liabilities	-	-	0.02	-	0.05	0.81
Other Long-Term Liabilities	1.41	1.26	1.31	1.86	2.33	2.06
Total Liabilities	60.73	65.35	107.1	116.64	115.78	116.76
Common Stock	0.03	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	323.49	311.24	247.85	232.17	221.32	201.6
Retained Earnings	-321.26	-308.9	-261.9	-224.11	-180.41	-157.39
Total Common Equity	2.26	2.37	-14.02	8.09	40.94	44.23
Minority Interest	0.47	0.47	0.57	0.65	0.65	-0.47
Shareholders' Equity	2.73	2.84	-13.45	8.74	41.6	43.76
Total Liabilities & Equity	63.46	68.18	93.65	125.38	157.37	160.53
Total Debt	38.58	43.03	79.7	83.77	77.87	79.6
Net Cash (Debt)	-35.38	-38.76	-74.3	-72.2	-46.99	-45.3
Net Cash Per Share	-51.09	-58.72	-136.58	-180.57	-142.36	-204.09
Filing Date Shares Outstanding	0.71	0.71	0.58	0.48	0.39	0.33
Total Common Shares Outstanding	0.71	0.71	0.5	0.47	0.39	0.32
Working Capital	10	18.23	35.29	44.41	75.78	82.89
Book Value Per Share	3.19	3.34	-27.89	17.31	105.58	136.29
Tangible Book Value	-1.85	-2.6	-22.47	-3.83	25.55	25.37
Tangible Book Value Per Share	-2.61	-3.67	-44.69	-8.19	65.89	78.16
Machinery	-	6.63	6.54	6.54	11.91	11.64
Leasehold Improvements	-	0.75	0.85	0.79	1.84	1.84

Updated May 15, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q