Venus Concept Inc. (VERO)

Venus Concept Balance Sheet

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
Cash & Equivalents	5.09	5.4	11.57	30.88	34.3	15.67
Cash & Short-Term Investments	5.09	5.4	11.57	30.88	34.3	15.67
Cash Growth	-20.69%	-53.36%	-62.53%	-9.97%	118.93%	132.47%
Receivables	28.07	30.57	39.49	49.65	56.35	60.68
Inventory	20.98	23.07	23.91	20.54	17.76	18.84
Prepaid Expenses	1.03	1.3	1.69	2.74	2.24	2.52
Restricted Cash	-	-	-	-	0.08	0.08
Other Current Assets	5.53	6.11	7.35	6.7	4.67	1.91
Total Current Assets	60.7	66.45	84.01	110.5	115.4	99.7
Property, Plant & Equipment	5.31	5.84	7.72	2.67	3.54	4.65
Goodwill	-	-	-	-	-	27.45
Other Intangible Assets	7.58	8.45	11.92	15.39	18.87	22.34
Long-Term Accounts Receivable	9.91	11.32	20.04	27.71	21.15	35.66
Long-Term Deferred Tax Assets	1.15	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	85.08	93.65	125.38	157.37	160.53	191.13
Accounts Payable	7.79	9.04	8.03	8.42	6.32	9.4
Accrued Expenses	12.13	12.44	16.67	19.51	20.25	21.12
Short-Term Debt	-	-	-	-	-	7.79
Current Portion of Long-Term Debt	4.15	4.16	7.74	0.54	-	-
Current Portion of Leases	1.42	1.59	1.81	-	-	-
Current Income Taxes Payable	0.48	0.37	0.12	0.29	1.13	2.17
Current Unearned Revenue	2.37	2.54	4.16	4.71	3.7	6.44
Other Current Liabilities	1.11	1.03	1.07	1.25	1.11	1.25
Total Current Liabilities	29.45	31.16	39.6	34.72	32.52	48.17
Long-Term Debt	72.55	70.79	70	77.33	79.6	61.23
Long-Term Leases	2.85	3.16	4.22	-	-	-
Long-Term Unearned Revenue	0.72	0.67	0.96	1.36	1.78	1.68
Long-Term Deferred Tax Liabilities	0.01	0.02	-	0.05	0.81	1.02
Other Long-Term Liabilities	1.41	1.31	1.86	2.33	2.06	2.35
Total Liabilities	106.99	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	249.18	247.85	232.17	221.32	201.6	149.84
Retained Earnings	-271.7	-261.9	-224.11	-180.41	-157.39	-75.69
Total Common Equity	-22.49	-14.02	8.09	40.94	44.23	74.18
Minority Interest	0.58	0.57	0.65	0.65	-0.47	2.5
Shareholders' Equity	-21.91	-13.45	8.74	41.6	43.76	76.68
Total Liabilities & Equity	85.08	93.65	125.38	157.37	160.53	191.13
Total Debt	80.97	79.7	83.77	77.87	79.6	69.02
Net Cash (Debt)	-75.88	-74.3	-72.2	-46.99	-45.3	-53.35
Net Cash Per Share	-13.57	-13.65	-16.42	-12.94	-18.55	-93.96
Filing Date Shares Outstanding	6.36	6.36	5.33	4.27	3.6	2.15
Total Common Shares Outstanding	6.36	5.53	5.14	4.27	3.57	1.91
Working Capital	31.25	35.29	44.41	75.78	82.89	51.53
Book Value Per Share	-3.54	-2.54	1.57	9.60	12.39	38.79
Tangible Book Value	-30.07	-22.47	-3.83	25.55	25.37	24.39
Tangible Book Value Per Share	-4.73	-4.06	-0.74	5.99	7.11	12.75
Machinery	6.52	6.54	6.54	11.91	11.64	11.41
Leasehold Improvements	0.89	0.85	0.79	1.84	1.84	1.95

Source: S&P Capital IQ. Standard template.