ATRC: Atricure Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Atricure Inc (ATRC).
$1.49B Market Cap.
ATRC Market Cap. (MRY)
ATRC Shares Outstanding (MRY)
ATRC Assets (MRY)
Total Assets
$609.33M
Total Liabilities
$148.36M
Total Investments
$0
ATRC Income (MRY)
Revenue
$465.31M
Net Income
-$44.70M
Operating Expense
$387.54M
ATRC Cash Flow (MRY)
CF Operations
$12.20M
CF Investing
$30.23M
CF Financing
-$3.60M
ATRC Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $609,328,000 (-0.75%) | $613,932,000 (4.87%) | $585,448,000 (-4.85%) | $615,312,000 (-13.89%) |
Assets Current | $267,826,000 (0.59%) | $266,246,000 (23.71%) | $215,214,000 (9.76%) | $196,076,000 (-36.08%) |
Assets Non-Current | $341,502,000 (-1.78%) | $347,686,000 (-6.09%) | $370,234,000 (-11.69%) | $419,236,000 (2.80%) |
Goodwill & Intangible Assets | $291,248,000 (-2.52%) | $298,767,000 (8.99%) | $274,120,000 (-1.32%) | $277,773,000 (-23.47%) |
Shareholders Equity | $460,969,000 (-1.12%) | $466,168,000 (2.06%) | $456,754,000 (-5.58%) | $483,756,000 (17.30%) |
Property Plant & Equipment Net | $47,386,000 (1.34%) | $46,759,000 (9.71%) | $42,620,000 (17.83%) | $36,170,000 (19.75%) |
Cash & Equivalents | $122,721,000 (45.56%) | $84,310,000 (45.11%) | $58,099,000 (33.09%) | $43,654,000 (4.08%) |
Accumulated Other Comprehensive Income | -$1,035,000 (-4.23%) | -$993,000 (75.76%) | -$4,096,000 (-332.07%) | -$948,000 (-403.85%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $52,975,000 (-53.74%) | $114,523,000 (-36.30%) | $179,774,000 (-16.95%) |
Investments Current | $0 (0%) | $52,975,000 (-15.93%) | $63,014,000 (-16.47%) | $75,436,000 (-62.71%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $51,509,000 (-50.63%) | $104,338,000 (635.91%) |
Inventory | $75,335,000 (10.95%) | $67,897,000 (47.82%) | $45,931,000 (17.88%) | $38,964,000 (11.24%) |
Trade & Non-Trade Receivables | $60,339,000 (14.93%) | $52,501,000 (22.97%) | $42,693,000 (29.29%) | $33,021,000 (42.66%) |
Trade & Non-Trade Payables | $25,032,000 (-8.49%) | $27,354,000 (37.47%) | $19,898,000 (7.00%) | $18,597,000 (46.02%) |
Accumulated Retained Earnings (Deficit) | -$401,755,000 (-12.52%) | -$357,057,000 (-9.32%) | -$326,619,000 (-16.59%) | -$280,153,000 (15.20%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $76,530,000 (2.73%) | $74,494,000 (-0.07%) | $74,548,000 (-1.45%) | $75,647,000 (2.22%) |
Debt Current | $2,805,000 (10.74%) | $2,533,000 (-53.71%) | $5,472,000 (211.62%) | $1,756,000 (-79.14%) |
Debt Non-Current | $73,725,000 (2.45%) | $71,961,000 (4.18%) | $69,076,000 (-6.52%) | $73,891,000 (12.67%) |
Total Liabilities | $148,359,000 (0.40%) | $147,764,000 (14.82%) | $128,694,000 (-2.18%) | $131,556,000 (-56.46%) |
Liabilities Current | $73,424,000 (-1.54%) | $74,569,000 (27.70%) | $58,392,000 (3.45%) | $56,445,000 (14.87%) |
Liabilities Non-Current | $74,935,000 (2.38%) | $73,195,000 (4.12%) | $70,302,000 (-6.40%) | $75,111,000 (-70.31%) |
ATRC Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $465,307,000 (16.55%) | $399,245,000 (20.84%) | $330,379,000 (20.43%) | $274,329,000 (32.83%) |
Cost of Revenue | $117,783,000 (19.12%) | $98,875,000 (17.10%) | $84,439,000 (23.32%) | $68,469,000 (19.66%) |
Selling General & Administrative Expense | $291,359,000 (15.10%) | $253,138,000 (9.45%) | $231,272,000 (13.01%) | $204,649,000 (35.68%) |
Research & Development Expense | $96,178,000 (30.12%) | $73,915,000 (28.91%) | $57,337,000 (18.21%) | $48,506,000 (12.62%) |
Operating Expenses | $387,537,000 (18.49%) | $327,053,000 (13.32%) | $288,609,000 (-13.96%) | $335,455,000 (73.01%) |
Interest Expense | $6,407,000 (-7.48%) | $6,925,000 (38.89%) | $4,986,000 (1.38%) | $4,918,000 (0.68%) |
Income Tax Expense | $1,024,000 (73.27%) | $591,000 (120.52%) | $268,000 (42.55%) | $188,000 (64.91%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$44,698,000 (-46.85%) | -$30,438,000 (34.49%) | -$46,466,000 (-192.56%) | $50,199,000 (204.24%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$44,698,000 (-46.85%) | -$30,438,000 (34.49%) | -$46,466,000 (-192.56%) | $50,199,000 (204.24%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$44,698,000 (-46.85%) | -$30,438,000 (34.49%) | -$46,466,000 (-192.56%) | $50,199,000 (204.24%) |
Weighted Average Shares | $46,965,000 (1.42%) | $46,309,000 (1.24%) | $45,740,000 (1.50%) | $45,066,000 (6.98%) |
Weighted Average Shares Diluted | $46,965,000 (1.42%) | $46,309,000 (1.24%) | $45,740,000 (-0.65%) | $46,039,000 (9.29%) |
Earning Before Interest & Taxes (EBIT) | -$37,267,000 (-62.58%) | -$22,922,000 (44.38%) | -$41,212,000 (-174.52%) | $55,305,000 (228.15%) |
Gross Profit | $347,524,000 (15.70%) | $300,370,000 (22.13%) | $245,940,000 (19.47%) | $205,860,000 (37.88%) |
Operating Income | -$40,013,000 (-49.96%) | -$26,683,000 (37.47%) | -$42,669,000 (67.08%) | -$129,595,000 (-190.64%) |
ATRC Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $30,234,000 (38.58%) | $21,817,000 (-50.42%) | $44,006,000 (87.23%) | $23,504,000 (115.05%) |
Net Cash Flow from Financing | -$3,603,000 (-11159.38%) | -$32,000 (99.55%) | -$7,059,000 (7.63%) | -$7,642,000 (-104.04%) |
Net Cash Flow from Operations | $12,204,000 (172.17%) | $4,484,000 (120.25%) | -$22,141,000 (-60.67%) | -$13,780,000 (30.65%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $38,411,000 (46.55%) | $26,211,000 (81.45%) | $14,445,000 (744.74%) | $1,710,000 (-87.30%) |
Net Cash Flow - Business Acquisitions and Disposals | -$12,000,000 (60.00%) | -$30,000,000 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $53,668,000 (-15.90%) | $63,815,000 (4.81%) | $60,887,000 (83.08%) | $33,257,000 (121.92%) |
Capital Expenditure | -$11,434,000 (4.70%) | -$11,998,000 (28.93%) | -$16,881,000 (-73.09%) | -$9,753,000 (-85.45%) |
Issuance (Repayment) of Debt Securities | -$2,738,000 (-160.27%) | -$1,052,000 (-17.02%) | -$899,000 (-10.17%) | -$816,000 (-22.34%) |
Issuance (Purchase) of Equity Shares | -$865,000 (-184.80%) | $1,020,000 (116.56%) | -$6,160,000 (-8.93%) | -$5,655,000 (-102.97%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$424,000 (-631.03%) | -$58,000 (83.93%) | -$361,000 (2.96%) | -$372,000 (-373.53%) |
Share Based Compensation | $40,405,000 (13.09%) | $35,728,000 (24.18%) | $28,771,000 (2.47%) | $28,078,000 (24.01%) |
Depreciation Amortization & Accretion | $18,733,000 (26.46%) | $14,813,000 (26.50%) | $11,710,000 (12.15%) | $10,441,000 (9.35%) |
ATRC Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 74.70% (-0.66%) | 75.20% (1.08%) | 74.40% (-0.80%) | 75.00% (3.73%) |
Profit Margin | -9.60% (-26.32%) | -7.60% (46.10%) | -14.10% (-177.05%) | 18.30% (178.54%) |
EBITDA Margin | -4.00% (-100.00%) | -2.00% (77.53%) | -8.90% (-137.08%) | 24.00% (247.24%) |
Return on Average Equity (ROAE) | -9.70% (-46.97%) | -6.60% (35.29%) | -10.20% (-188.70%) | 11.50% (187.79%) |
Return on Average Assets (ROAA) | -7.40% (-45.10%) | -5.10% (35.44%) | -7.90% (-203.95%) | 7.60% (204.11%) |
Return on Sales (ROS) | -8.00% (-40.35%) | -5.70% (54.40%) | -12.50% (-161.88%) | 20.20% (196.65%) |
Return on Invested Capital (ROIC) | -17.60% (-76.00%) | -10.00% (31.51%) | -14.60% (-177.25%) | 18.90% (224.34%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -32.17 (40.51%) | -54.08 (-24.28%) | -43.51 (-169.46%) | 62.64 (228.27%) |
Price to Sales Ratio (P/S) | 3.08 (-25.48%) | 4.14 (-32.62%) | 6.14 (-46.21%) | 11.42 (0.59%) |
Price to Book Ratio (P/B) | 3.23 (-10.94%) | 3.63 (-19.69%) | 4.52 (-31.55%) | 6.6 (8.62%) |
Debt to Equity Ratio (D/E) | 0.32 (1.58%) | 0.32 (12.41%) | 0.28 (3.68%) | 0.27 (-62.89%) |
Earnings Per Share (EPS) | -0.95 (-43.94%) | -0.66 (35.29%) | -1.02 (-191.89%) | 1.11 (197.37%) |
Sales Per Share (SPS) | 9.91 (14.93%) | 8.62 (19.35%) | 7.22 (18.66%) | 6.09 (24.15%) |
Free Cash Flow Per Share (FCFPS) | 0.02 (109.88%) | -0.16 (81.01%) | -0.85 (-63.41%) | -0.52 (12.56%) |
Book Value Per Share (BVPS) | 9.81 (-2.49%) | 10.07 (0.80%) | 9.99 (-6.97%) | 10.73 (9.64%) |
Tangible Assets Book Value Per Share (TABVPS) | 6.77 (-0.48%) | 6.81 (0.00%) | 6.81 (-9.13%) | 7.49 (-10.26%) |
Enterprise Value Over EBIT (EV/EBIT) | -39 (47.30%) | -74 (-45.10%) | -51 (-187.93%) | 58 (198.31%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -77.52 (62.70%) | -207.83 (-193.37%) | -70.84 (-244.35%) | 49.08 (164.74%) |
Asset Turnover | 0.77 (15.42%) | 0.67 (18.23%) | 0.56 (35.49%) | 0.42 (34.08%) |
Current Ratio | 3.65 (2.18%) | 3.57 (-3.15%) | 3.69 (6.10%) | 3.47 (-44.34%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $770,000 (110.25%) | -$7,514,000 (80.74%) | -$39,022,000 (-65.82%) | -$23,533,000 (6.35%) |
Enterprise Value (EV) | $1,436,692,351 (-14.75%) | $1,685,307,477 (-19.36%) | $2,090,031,017 (-35.22%) | $3,226,598,375 (26.65%) |
Earnings Before Tax (EBT) | -$43,674,000 (-46.33%) | -$29,847,000 (35.39%) | -$46,198,000 (-191.69%) | $50,387,000 (204.88%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$18,534,000 (-128.56%) | -$8,109,000 (72.51%) | -$29,502,000 (-144.87%) | $65,746,000 (295.63%) |
Invested Capital | $198,465,000 (-14.00%) | $230,780,000 (-14.33%) | $269,385,000 (-13.96%) | $313,087,000 (-6.40%) |
Working Capital | $194,402,000 (1.42%) | $191,677,000 (22.23%) | $156,822,000 (12.31%) | $139,631,000 (-45.80%) |
Tangible Asset Value | $318,080,000 (0.92%) | $315,165,000 (1.23%) | $311,328,000 (-7.77%) | $337,539,000 (-3.99%) |
Market Capitalization | $1,489,899,351 (-11.92%) | $1,691,530,477 (-18.05%) | $2,064,041,017 (-35.37%) | $3,193,639,375 (27.42%) |
Average Equity | $461,097,000 (-0.10%) | $461,567,000 (1.08%) | $456,649,250 (4.46%) | $437,137,750 (18.61%) |
Average Assets | $603,324,250 (0.91%) | $597,868,500 (2.21%) | $584,932,750 (-11.01%) | $657,314,500 (-0.94%) |
Invested Capital Average | $211,735,000 (-7.45%) | $228,786,750 (-18.90%) | $282,117,000 (-3.69%) | $292,938,000 (2.84%) |
Shares | 48,753,251 (2.87%) | 47,395,082 (1.91%) | 46,508,360 (1.26%) | 45,931,819 (2.02%) |
