LASE: Laser Photonics Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Laser Photonics Corp (LASE).
$79.95M Market Cap.
LASE Market Cap. (MRY)
LASE Shares Outstanding (MRY)
LASE Assets (MRY)
Total Assets
$17.15M
Total Liabilities
$6.94M
Total Investments
$0
LASE Income (MRY)
Revenue
$3.42M
Net Income
-$2.52M
Operating Expense
$7.94M
LASE Cash Flow (MRY)
CF Operations
-$9.14M
CF Investing
-$977.82K
CF Financing
$4.45M
LASE Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $17,152,147 (13.41%) | $15,124,087 (-18.61%) | $18,583,377 (170.88%) | $6,860,350 (-8.34%) |
Assets Current | $4,664,460 (-49.81%) | $9,294,147 (-32.27%) | $13,721,708 (450.84%) | $2,491,066 (-23.47%) |
Assets Non-Current | $12,487,687 (114.20%) | $5,829,940 (19.92%) | $4,861,669 (11.27%) | $4,369,284 (3.30%) |
Goodwill & Intangible Assets | $5,458,522 (27.54%) | $4,279,986 (45.63%) | $2,939,041 (-7.23%) | $3,167,945 (-0.51%) |
Shareholders Equity | $10,212,293 (-26.68%) | $13,929,252 (-18.69%) | $17,131,488 (208.07%) | $5,560,906 (5.19%) |
Property Plant & Equipment Net | $6,712,787 (333.10%) | $1,549,954 (-19.38%) | $1,922,628 (60.44%) | $1,198,338 (14.64%) |
Cash & Equivalents | $533,871 (-91.39%) | $6,201,137 (-49.10%) | $12,181,799 (1878.37%) | $615,749 (88.47%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $1,097,473 (414.97%) | $213,114 (0%) | $0 (0%) | $91,775 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $2,338,759 (4.53%) | $2,237,456 (113.90%) | $1,046,020 (-41.59%) | $1,790,952 (-17.56%) |
Trade & Non-Trade Receivables | $973,605 (19.26%) | $816,364 (93.74%) | $421,362 (399.45%) | $84,365 (-88.84%) |
Trade & Non-Trade Payables | $587,244 (163.29%) | $223,040 (17.15%) | $190,387 (67.83%) | $113,443 (0%) |
Accumulated Retained Earnings (Deficit) | -$7,754,313 (-48.11%) | -$5,235,486 (-173.06%) | -$1,917,315 (-811.99%) | $269,291 (5491.21%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $15,456 (0%) |
Total Debt | $5,016,408 (740.07%) | $597,143 (-28.23%) | $832,072 (-22.87%) | $1,078,770 (0%) |
Debt Current | $649,989 (49.71%) | $434,152 (26.02%) | $344,510 (100.58%) | $171,757 (0%) |
Debt Non-Current | $4,366,419 (2578.93%) | $162,991 (-66.57%) | $487,562 (-46.25%) | $907,013 (0%) |
Total Liabilities | $6,939,854 (480.82%) | $1,194,835 (-17.70%) | $1,451,888 (11.73%) | $1,299,444 (-40.88%) |
Liabilities Current | $2,573,435 (149.40%) | $1,031,844 (7.00%) | $964,326 (145.73%) | $392,431 (-61.85%) |
Liabilities Non-Current | $4,366,419 (2578.93%) | $162,991 (-66.57%) | $487,562 (-46.25%) | $907,013 (-22.44%) |
LASE Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $3,415,196 (-13.31%) | $3,939,473 (1.14%) | $3,894,901 (-7.06%) | $4,190,709 (94.48%) |
Cost of Revenue | $1,934,150 (85.67%) | $1,041,697 (-46.70%) | $1,954,328 (-5.10%) | $2,059,298 (116.82%) |
Selling General & Administrative Expense | $5,777,674 (4.66%) | $5,520,372 (59.53%) | $3,460,349 (207.85%) | $1,124,032 (-3.76%) |
Research & Development Expense | $261,911 (29.49%) | $202,259 (100.65%) | $100,801 (0%) | $0 (0%) |
Operating Expenses | $7,944,389 (27.19%) | $6,246,011 (55.47%) | $4,017,379 (164.25%) | $1,520,279 (27.29%) |
Interest Expense | $0 (0%) | $0 (0%) | $24,426 (-50.51%) | $49,351 (0%) |
Income Tax Expense | $0 (0%) | $0 (0%) | $0 (0%) | $68 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$2,518,827 (24.09%) | -$3,318,171 (-58.46%) | -$2,094,064 (-458.33%) | $584,394 (5391.91%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$2,518,827 (24.09%) | -$3,318,171 (-58.46%) | -$2,094,064 (-458.33%) | $584,394 (5391.91%) |
Preferred Dividends Income Statement Impact | $6,615,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$9,133,827 (-175.27%) | -$3,318,171 (-58.46%) | -$2,094,064 (-458.33%) | $584,394 (5391.91%) |
Weighted Average Shares | $11,631,999 (30.20%) | $8,934,035 (57.09%) | $5,687,049 (16.58%) | $4,878,419 (10.00%) |
Weighted Average Shares Diluted | $11,631,999 (30.20%) | $8,934,035 (57.09%) | $5,687,049 (16.58%) | $4,878,419 (10.00%) |
Earning Before Interest & Taxes (EBIT) | -$2,518,827 (24.09%) | -$3,318,171 (-60.33%) | -$2,069,638 (-426.54%) | $633,813 (5856.33%) |
Gross Profit | $1,481,046 (-48.89%) | $2,897,776 (49.33%) | $1,940,573 (-8.95%) | $2,131,411 (76.88%) |
Operating Income | -$6,463,343 (-93.04%) | -$3,348,235 (-61.22%) | -$2,076,806 (-439.83%) | $611,132 (5643.18%) |
LASE Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$977,821 (-101.67%) | -$484,855 (29.65%) | -$689,250 (-200.37%) | -$229,465 (94.35%) |
Net Cash Flow from Financing | $4,449,110 (17727.22%) | -$25,240 (-100.20%) | $12,318,676 (1537.78%) | -$856,786 (-114.49%) |
Net Cash Flow from Operations | -$9,138,555 (-67.05%) | -$5,470,567 (-8531.92%) | -$63,376 (-104.61%) | $1,375,287 (190.17%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$5,667,266 (5.24%) | -$5,980,662 (-151.71%) | $11,566,050 (3901.59%) | $289,036 (-11.53%) |
Net Cash Flow - Business Acquisitions and Disposals | -$625,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$352,821 (27.23%) | -$484,855 (29.65%) | -$689,250 (-7027.71%) | -$9,670 (98.90%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $0 (0%) | -$579,012 (-5.95%) | -$546,506 (-148.56%) |
Issuance (Purchase) of Equity Shares | $4,449,110 (17727.22%) | -$25,240 (-100.20%) | $12,897,688 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | -$310,280 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $33,336 (-77.10%) | $145,550 (0%) | $0 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $972,135 (85.74%) | $523,380 (0%) | $0 (0%) | $396,247 (1400.42%) |
LASE Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 43.40% (-41.03%) | 73.60% (47.79%) | 49.80% (-2.16%) | 50.90% (-8.94%) |
Profit Margin | -267.40% (-217.58%) | -84.20% (-56.51%) | -53.80% (-487.05%) | 13.90% (2680.00%) |
EBITDA Margin | -45.30% (36.11%) | -70.90% (-33.52%) | -53.10% (-315.85%) | 24.60% (1347.06%) |
Return on Average Equity (ROAE) | -86.70% (-312.86%) | -21.00% (10.26%) | -23.40% (-327.18%) | 10.30% (2475.00%) |
Return on Average Assets (ROAA) | -69.70% (-263.02%) | -19.20% (8.13%) | -20.90% (-361.25%) | 8.00% (2566.67%) |
Return on Sales (ROS) | -73.80% (12.35%) | -84.20% (-58.57%) | -53.10% (-451.66%) | 15.10% (2920.00%) |
Return on Invested Capital (ROIC) | -40.80% (42.29%) | -70.70% (-22.32%) | -57.80% (-490.54%) | 14.80% (2366.67%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% | - |
Price to Earnings Ratio (P/E) | -26.27 (-723.86%) | -3.19 (42.17%) | -5.51 | - |
Price to Sales Ratio (P/S) | 19.69 (635.65%) | 2.68 (-10.17%) | 2.98 | - |
Price to Book Ratio (P/B) | 7.83 (1020.03%) | 0.7 (-25.48%) | 0.94 | - |
Debt to Equity Ratio (D/E) | 0.68 (690.70%) | 0.09 (1.18%) | 0.09 (-63.68%) | 0.23 (-43.75%) |
Earnings Per Share (EPS) | -0.22 (40.54%) | -0.37 (0.00%) | -0.37 (-408.33%) | 0.12 (0%) |
Sales Per Share (SPS) | 0.29 (-33.33%) | 0.44 (-35.62%) | 0.69 (-20.26%) | 0.86 (76.75%) |
Free Cash Flow Per Share (FCFPS) | -0.82 (-22.34%) | -0.67 (-405.30%) | -0.13 (-147.14%) | 0.28 (151.76%) |
Book Value Per Share (BVPS) | 0.88 (-43.68%) | 1.56 (-48.24%) | 3.01 (164.21%) | 1.14 (-4.36%) |
Tangible Assets Book Value Per Share (TABVPS) | 1 (-17.22%) | 1.21 (-55.87%) | 2.75 (263.41%) | 0.76 (-21.96%) |
Enterprise Value Over EBIT (EV/EBIT) | -31 (-3000.00%) | -1 (87.50%) | -8 | - |
Enterprise Value Over EBITDA (EV/EBITDA) | -50.48 (-6892.11%) | -0.72 (90.84%) | -7.88 | - |
Asset Turnover | 0.26 (14.47%) | 0.23 (-41.24%) | 0.39 (-32.64%) | 0.58 (6.67%) |
Current Ratio | 1.81 (-79.87%) | 9.01 (-36.70%) | 14.23 (124.15%) | 6.35 (100.63%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$9,491,376 (-59.37%) | -$5,955,422 (-691.29%) | -$752,626 (-155.11%) | $1,365,617 (156.89%) |
Enterprise Value (EV) | $78,082,041 (3771.48%) | $2,016,850 (-87.64%) | $16,311,566 | - |
Earnings Before Tax (EBT) | -$2,518,827 (24.09%) | -$3,318,171 (-58.46%) | -$2,094,064 (-458.29%) | $584,462 (5392.55%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$1,546,692 (44.66%) | -$2,794,791 (-35.04%) | -$2,069,638 (-300.92%) | $1,030,060 (2680.19%) |
Invested Capital | $13,602,727 (223.24%) | $4,208,263 (26.36%) | $3,330,283 (-11.50%) | $3,762,995 (27.78%) |
Working Capital | $2,091,025 (-74.69%) | $8,262,303 (-35.24%) | $12,757,382 (507.89%) | $2,098,635 (-5.74%) |
Tangible Asset Value | $11,693,625 (7.83%) | $10,844,101 (-30.68%) | $15,644,336 (323.69%) | $3,692,405 (-14.14%) |
Market Capitalization | $79,951,243 (720.94%) | $9,739,034 (-39.40%) | $16,071,971 | - |
Average Equity | $10,533,256 (-33.22%) | $15,772,418 (76.25%) | $8,948,949 (58.02%) | $5,663,186 (96.08%) |
Average Assets | $13,109,588 (-23.96%) | $17,241,455 (71.93%) | $10,028,240 (37.86%) | $7,274,246 (82.31%) |
Invested Capital Average | $6,167,906 (31.45%) | $4,692,090 (30.94%) | $3,583,524 (-16.36%) | $4,284,468 (149.47%) |
Shares | 13,832,395 (67.60%) | 8,253,419 (4.76%) | 7,878,417 (61.50%) | 4,878,418 (721.90%) |
