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Financial statements

Laser Photonics Corp financial statements

Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data Laser Photonics Corp files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2020FY2020FY2021FY2023FY2023FY2024FY2025
Revenue02.154.193.893.943.428.34
Cost of revenue00.952.061.951.0437.14
Gross profit01.22.131.952.90.411.2
Research and development0.10.20.580.51
Selling and marketing0.411.6821.781.78
General and administrative0.010.230.710.892.123.598.06
Operating expenses0.021.191.524.026.256.8814.5
Operating income0.61-2.07-3.35-6.46-13.3
Interest expense0.050.0203.65
Other non-operating income-0.03-0.020.033.94-4.16
Pre-tax income0.58-2.09-3.32-2.52
Income tax000
Net income-0.020.010.58-2.09-3.32-2.52-17.5
EBITDA1.01-2.07-2.13-5.49-12.2
EPS, basic0.000.000.25-0.37-0.37-0.22-1.02
EPS, diluted0.000.040.25-0.37-0.37-0.22-1.02
Shares, basic (weighted)0.767.552.375.698.9311.617.1
Shares, diluted (weighted)0.767.552.375.648.9311.617.1

Balance sheet

FY2020FY2020FY2021FY2023FY2023FY2024FY2025
Cash and equivalents00.330.6212.26.20.530.65
Receivables00.760.080.420.820.970.55
Inventory0.52.171.791.052.242.341.29
Other current assets0.070.040.060.12
Total current assets0.53.262.4913.79.294.662.99
Property, plant and equipment00.850.71.090.951.871.13
Lease right-of-use assets00.20.50.830.64.844.11
Intangible assets03.183.172.944.285.460.92
Other non-current assets00.07
Total assets0.57.486.8618.615.117.29.45
Accounts payable0.010.060.110.190.22
Accrued liabilities0.430.160.270.92
Deferred revenue00.780.0900.211.041.16
Total current liabilities0.011.030.390.961.032.5710.3
Long-term debt00.240
Lease liabilities00.040.330.490.164.374.15
Other non-current liabilities2.511.3
Total liabilities0.012.21.31.451.196.9414.5
Total debt0
Paid-in capital0.485.245.2418.119.217.920.2
Retained earnings0-00.27-1.92-5.24-7.75-25.2
Treasury stock0-0.03-0.03-0.01
Other comprehensive income-0.020.010.58
Shareholders' equity0.495.295.4717.113.910.2-5.04
Total equity0.495.295.4717.113.910.2-5.04
Total liabilities and equity0.57.486.8618.615.117.29.45
Shares outstanding1.382.377.889.2314.322.8

Cash flow statement

FY2020FY2020FY2021FY2023FY2023FY2024FY2025
Net income-0.020.010.58-2.09-3.77-2.52-17.5
Depreciation and amortization00.030.401.210.971.11
Stock-based compensation0.150.031.58
Change in receivables0-0.760.980.31-0.40.180.71
Change in inventory-0.690.380.74-1.190.331.63
Change in payables0.010.050.060.080.030.33
Cash from operations-0.51-1.531.38-0.06-5.47-9.14-6.39
Capital expenditures-0-0.69-0.08
Acquisitions-0.63
Purchases of investments-0.010
Cash from investing0-4.06-0.23-0.69-0.48-0.98-0.02
Stock issued0.030.2712.9-0.034.453.49
Share buybacks0-1.21
Dividends paid0-0.3100
Cash from financing0.515.91-0.8612.3-0.034.456.53
Net change in cash00.330.2911.6-5.98-5.670.12
Free cash flow1.37-0.75-5.55
Interest paid0.040.05-0.020.04
Income taxes paid00-0.110

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.86 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin-16.8%Gross profit / revenue.
Operating margin-257.8%Operating income / revenue.
EBITDA margin-245.4%EBITDA (operating income + depreciation and amortization) / revenue.
Net margin-327.6%Net income / revenue.
Operating cash flow margin-144.7%Cash from operations / revenue.
Return on assets (ROA)-191.2%Net income / average total assets.
R&D / revenue9.9%Research and development expense / revenue.
D&A / revenue12.5%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y144.3%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y28.9%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y31.1%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y189.7%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y-14.9%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y-0.0%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y-149.3%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-44.9%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-20.2%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y4.8%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y47.1%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y44.8%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y17.8%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.60xCurrent assets / current liabilities.
Quick ratio0.35x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.28x(Cash + short-term investments) / current liabilities.
Liabilities / assets108.6%Total liabilities / total assets.
Working capital-$3.1MCurrent assets - current liabilities.
Goodwill and intangibles / assets8.3%(Goodwill + intangible assets) / total assets.
Tangible book value-$1.8MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.58xRevenue / average total assets.
Fixed asset turnover5.96xRevenue / average property, plant and equipment.
Inventory turnover6.56xCost of revenue / average inventory.
Days inventory56 days365 x average inventory / cost of revenue.
Receivables turnover12.2xRevenue / average receivables.
Days sales outstanding30 days365 x average receivables / revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.51Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$0.16Revenue / diluted weighted shares.
Operating cash flow per share-$0.23Cash from operations / diluted weighted shares.
Book value per share-$0.02Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.04Tangible book value / shares outstanding.
Cash per share$0.05(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$43.3MShare price x shares outstanding.
Enterprise value$41.1MMarket cap + total debt - cash - short-term investments.
P/S7.01xMarket cap / revenue.
EV/Sales6.66xEnterprise value / revenue.
Earnings yield-46.7%Net income / market cap (the inverse of P/E).
What was Laser Photonics Corp's revenue in fiscal 2025?

Laser Photonics Corp reported revenue of $8.3M for fiscal 2025, 144.3% higher than the year before.

Was Laser Photonics Corp profitable in fiscal 2025?

No. It reported a net loss of $17.5M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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