AtriCure (ATRC) stock price, revenue, and financials

AtriCure market cap is $1.7 b, and annual revenue was $230.81 m in FY 2019
View Company

$1.7 B

ATRC Mkt cap, 23-Sept-2020

$40.8 M

AtriCure Revenue Q2, 2020
AtriCure Gross profit (Q2, 2020)27.7 M
AtriCure Gross profit margin (Q2, 2020), %67.7%
AtriCure Net income (Q2, 2020)-8.2 M
AtriCure EBIT (Q2, 2020)-7.3 M
AtriCure Cash, 30-Jun-202088.5 M
AtriCure EV1.7 B

AtriCure Revenue

AtriCure revenue was $230.81 m in FY, 2019

Embed Graph

AtriCure Income Statement

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

64.4m70.2m81.9m107.5m129.8m155.1m174.7m201.6m230.8m

Revenue growth, %

31%21%20%

Cost of goods sold

17.4m20.2m22.3m31.7m36.9m44.0m48.6m785.0k635.0k

Gross profit

47.0m50.0m59.6m75.8m92.9m111.1m126.2m200.8m230.2m

Gross profit Margin, %

73%71%73%70%72%72%72%100%100%

R&D expense

11.9m12.1m13.4m18.6m25.7m35.8m34.1m34.7m41.2m

General and administrative expense

39.9m45.1m57.0m73.5m93.9m106.4m117.0m129.5m162.2m

Operating expense total

51.7m57.2m48.7m92.1m119.6m142.2m151.1m164.2m203.5m

EBIT

(4.7m)(7.2m)10.9m(16.4m)(26.7m)(31.1m)(25.0m)(17.1m)(33.1m)

EBIT margin, %

(7%)(10%)13%(15%)(21%)(20%)(14%)(8%)(14%)

Interest expense

814.4k802.0k115.0k

Interest income

15.9k11.0k16.0k96.0k190.0k227.0k227.0k1.0m2.4m

Pre tax profit

(5.4m)(7.5m)(11.4m)(16.2m)(27.2m)(33.3m)(26.9m)(20.9m)(35.0m)

Income tax expense

30.9k50.0k18.0k33.0k36.0k40.0k14.0k226.0k199.0k

Net Income

(5.5m)(7.5m)(11.5m)(16.2m)(27.2m)(33.3m)(26.9m)(21.1m)(35.2m)

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

16.8m15.2m17.5m16.1m19.4m20.4m20.1m24.8m26.5m26.7m29.9m32.6m31.4m35.9m39.7m38.3m41.3m45.2m42.2m47.0m51.8m49.9m54.0m58.9m56.6m53.2m40.8m

Cost of goods sold

4.5m4.1m4.7m4.6m5.3m5.3m5.5m7.2m7.7m7.8m8.2m9.5m8.9m10.0m10.9m10.9m11.3m12.7m11.2m12.5m13.7m14.0m14.1m15.0m14.8m14.3m13.2m

Gross profit

12.3m11.1m12.8m11.5m14.1m15.1m14.7m17.7m18.8m18.9m21.7m23.1m22.5m25.9m28.8m27.5m30.0m32.6m30.9m34.5m38.1m35.9m39.9m43.9m41.8m38.9m27.7m

Gross profit Margin, %

73%73%73%72%72%74%73%71%71%71%73%71%72%72%73%72%73%72%73%73%74%72%74%75%74%73%68%

R&D expense

2.9m3.1m3.4m2.9m3.5m3.0m3.2m4.0m4.6m5.0m5.6m5.9m6.5m8.6m9.1m8.3m9.6m8.9m8.0m9.1m8.7m8.6m8.2m9.8m10.2m11.6m10.0m

General and administrative expense

10.2m9.2m10.9m11.2m12.4m13.7m14.1m21.6m17.1m14.7m21.3m22.1m22.1m26.8m27.4m25.5m30.1m30.0m29.8m34.9m28.5m33.4m37.0m37.9m40.3m42.8m24.9m

Operating expense total

13.0m12.3m14.2m14.1m15.9m16.8m17.3m25.6m21.6m19.7m26.9m27.9m28.6m35.3m36.6m33.8m39.7m38.9m37.8m43.9m37.1m42.0m45.2m47.7m50.4m54.3m34.9m

Depreciation and amortization

3.0k342.0k342.0k

EBIT

(771.2k)(1.2m)(1.5m)(2.5m)(1.8m)(1.6m)(2.6m)(7.9m)(2.9m)(803.0k)(5.1m)(4.8m)(6.1m)(9.4m)(7.7m)(6.3m)(9.6m)(6.4m)(6.8m)(9.4m)958.0k(6.0m)(5.3m)(3.8m)(8.6m)(15.5m)(7.3m)

EBIT margin, %

(5%)(8%)(9%)(16%)(9%)(8%)(13%)(32%)(11%)(3%)(17%)(15%)(19%)(26%)(20%)(16%)(23%)(14%)(16%)(20%)2%(12%)(10%)(7%)(15%)(29%)(18%)

Interest expense

172.3k170.2k224.3k190.0k173.0k132.0k2.0k

Interest income

4.4k4.8k1.7k3.0k4.0k2.0k2.0k14.0k23.0k27.0k43.0k43.0k56.0k39.0k60.0k67.0k54.0k48.0k58.0k76.0k123.0k151.0k720.0k636.0k577.0k405.0k263.0k

Pre tax profit

(937.4k)(1.1m)(1.6m)(2.6m)(1.9m)(1.8m)(2.7m)(7.7m)(2.7m)(462.0k)(5.3m)(4.9m)(6.1m)(9.7m)(8.2m)(6.8m)(10.2m)(6.9m)(7.2m)(10.1m)(290.0k)(7.2m)(5.6m)(4.1m)(9.3m)(16.4m)(8.2m)

Income tax expense

9.2k12.4k2.6k11.0k5.0k5.0k4.0k27.0k5.0k4.0k6.0k8.0k6.0k5.0k17.0k2.0k23.0k17.0k26.0k48.0k48.0k51.0k66.0k10.0k75.0k8.0k12.0k

Net Income

(946.6k)(1.2m)(1.6m)(2.6m)(1.9m)(1.8m)(2.7m)(7.7m)(2.7m)(466.0k)(5.3m)(4.9m)(6.1m)(9.7m)(8.2m)(6.8m)(10.2m)(6.9m)(7.2m)(10.1m)(338.0k)(7.2m)(5.6m)(4.1m)(9.4m)(16.4m)(8.2m)

AtriCure Balance Sheet

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

9.8m7.8m14.9m28.4m23.8m24.2m21.8m32.2m28.5m

Accounts Receivable

9.5m9.9m13.7m17.6m19.4m23.1m25.2m28.0m

Prepaid Expenses

933.0k873.0k2.4m2.0m3.1m2.3m2.6m3.9m

Inventories

6.6m5.7m10.2m14.3m17.7m17.7m22.5m22.5m29.4m

Current Assets

31.2m28.5m52.5m93.5m74.8m85.7m82.3m174.7m143.2m

PP&E

2.4m3.4m5.6m11.6m31.3m30.0m28.7m27.1m32.6m

Goodwill

35.4m35.4m105.3m105.3m105.3m105.3m234.8m

Total Assets

33.9m32.4m111.9m158.4m273.1m276.4m267.7m356.8m557.9m

Accounts Payable

5.3m5.1m8.6m7.6m12.7m10.7m12.4m9.7m14.9m

Short-term debt

1.5m2.0m2.0m4.0m450.0k561.0k

Current Liabilities

10.8m12.2m26.7m25.6m31.6m28.8m31.9m40.2m49.9m

Long-term debt

4.9m6.4m4.4m74.0k13.7m23.9m36.9m47.7m74.2m

Total Debt

6.5m8.4m6.5m4.1m23.9m24.1m35.6m74.2m

Total Liabilities

18.2m19.9m39.3m25.9m86.4m108.0m106.5m107.4m310.5m

Common Stock

16.4k17.0k23.0k28.0k32.0k35.0k39.0k40.0k

Additional Paid-in Capital

118.9m123.2m194.9m271.3m352.9m367.9m387.0m496.5m529.7m

Retained Earnings

(103.2m)(110.8m)(122.2m)(138.4m)(165.6m)(199.0m)(225.9m)(247.0m)(282.2m)

Total Equity

15.6m12.5m72.6m132.5m186.7m168.4m161.2m249.4m247.3m

Debt to Equity Ratio

0.1 x0.1 x0.1 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x

Financial Leverage

2.2 x2.6 x1.5 x1.2 x1.5 x1.6 x1.7 x1.4 x2.3 x

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

4.1m3.4m11.4m8.7m8.2m30.8m31.0m25.8m68.6m42.0m35.5m23.6m30.0m28.7m20.8m19.9m16.1m19.2m21.0m19.4m21.2m13.9m18.0m20.7m25.2m33.2m21.8m88.5m

Accounts Receivable

9.9m8.9m9.7m10.4m9.4m11.1m11.3m11.0m14.7m15.1m15.2m19.8m17.6m16.6m19.4m21.4m21.1m21.7m23.1m22.6m22.3m24.9m23.3m26.7m28.0m26.8m22.1m22.9m

Prepaid Expenses

1.2m1.1m1.1m1.1m802.0k1.5m1.2m779.0k2.1m1.8m1.5m2.8m2.6m2.5m3.6m3.4m3.0m4.1m3.1m2.6m3.8m3.1m2.7m3.6m3.3m3.5m4.3m3.8m

Inventories

6.0m6.5m7.0m6.5m6.9m5.7m6.0m7.1m11.1m12.7m14.6m15.1m16.1m16.6m19.0m19.3m19.0m18.8m19.9m22.6m22.6m21.7m22.3m24.1m24.4m27.8m32.1m32.8m

Current Assets

33.0m31.7m33.1m31.4m30.1m54.4m53.5m48.6m107.2m92.8m90.7m93.4m90.7m84.1m65.4m86.5m84.4m79.1m81.1m82.1m84.8m86.8m88.4m155.0m146.5m137.9m127.0m292.0m

PP&E

2.3m2.1m2.5m2.7m3.2m3.5m3.7m4.1m5.8m6.5m9.8m13.9m19.4m27.5m31.2m30.9m30.7m29.9m30.0m29.3m28.5m28.1m28.0m27.1m28.1m30.8m32.3m30.2m

Goodwill

35.4m35.4m35.4m35.4m35.4m35.4m105.3m105.3m105.3m105.3m105.3m105.3m105.3m105.3m105.3m105.3m105.3m236.3m234.8m234.8m

Total Assets

36.1m34.1m36.6m36.0m33.7m58.1m57.5m57.6m158.6m155.9m157.1m153.4m159.3m165.6m261.7m281.5m279.3m266.4m268.5m268.5m269.7m270.8m272.0m338.4m343.1m560.8m527.7m704.2m

Accounts Payable

5.2m4.8m5.2m4.8m4.8m5.4m5.2m5.7m7.9m7.5m7.8m9.7m9.3m11.2m12.8m11.9m11.0m11.3m11.7m10.8m11.6m9.7m10.6m10.4m12.6m14.0m17.3m12.5m

Short-term debt

1.5m1.5m2.0m2.0m2.0m2.0m2.0m2.0m38.0k41.0k2.5m462.0k473.0k492.0k3.5m5.3m7.1m575.0k589.0k1.6m

Current Liabilities

10.6m10.0m11.8m11.7m11.6m12.7m13.4m16.3m16.0m16.9m21.9m24.6m30.1m39.1m26.2m25.2m26.5m28.4m31.7m36.1m26.9m27.4m33.7m35.5m39.4m44.3m39.1m38.1m

Long-term debt

5.7m5.3m7.9m7.4m6.9m5.9m5.4m4.9m69.0k65.0k55.0k79.0k68.0k68.0k13.6m38.5m38.4m35.3m33.5m31.6m51.9m51.9m50.9m46.1m46.9m74.3m72.4m67.1m

Total Debt

7.2m6.8m9.9m9.4m8.9m7.9m7.4m4.9m107.0k106.0k2.6m79.0k68.0k68.0k14.1m25.0m25.0m22.2m20.4m18.7m39.3m39.4m38.6m32.7m33.9m59.5m72.4m67.1m

Total Liabilities

19.2m18.0m21.9m21.1m20.2m19.5m19.3m21.4m24.3m21.7m22.1m24.8m30.6m40.2m80.7m104.5m105.9m105.6m107.0m109.5m116.6m111.2m108.2m99.1m101.6m302.5m300.4m287.4m

Common Stock

16.3k16.3k16.5k17.0k17.0k21.0k21.0k21.0k27.0k27.0k27.0k28.0k28.0k28.0k33.0k33.0k33.0k34.0k34.0k34.0k35.0k35.0k36.0k39.0k39.0k40.0k40.0k45.0k

Additional Paid-in Capital

116.8m117.3m119.5m121.2m122.3m151.3m152.7m153.4m264.3m267.0m268.7m273.0m277.8m280.7m356.6m361.0m364.2m370.4m377.6m382.2m389.0m396.1m407.4m492.2m498.4m524.7m526.3m723.8m

Retained Earnings

(100.0m)(101.1m)(104.8m)(106.2m)(108.7m)(112.7m)(114.5m)(117.2m)(129.9m)(132.6m)(133.1m)(143.7m)(148.6m)(154.7m)(175.4m)(183.6m)(190.3m)(209.2m)(216.0m)(223.3m)(236.0m)(236.3m)(243.6m)(252.6m)(256.7m)(266.1m)(298.6m)(306.8m)

Total Equity

16.9m16.1m14.7m14.9m13.6m38.6m38.1m36.2m134.3m134.2m135.0m128.6m128.7m125.5m181.0m177.0m173.4m160.9m161.5m158.9m153.1m159.7m163.8m239.3m241.5m258.2m227.4m416.9m

Debt to Equity Ratio

0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.3 x0.2 x0.2 x0.1 x0.1 x0.2 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x

Financial Leverage

2.1 x2.1 x2.5 x2.4 x2.5 x1.5 x1.5 x1.6 x1.2 x1.2 x1.2 x1.2 x1.2 x1.3 x1.4 x1.6 x1.6 x1.7 x1.7 x1.7 x1.8 x1.7 x1.7 x1.4 x1.4 x2.2 x2.3 x1.7 x

AtriCure Cash Flow

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(5.5m)(7.5m)(11.5m)(16.2m)(27.2m)(33.3m)(26.9m)(21.1m)(35.2m)

Depreciation and Amortization

1.9m1.9m2.0m4.8m6.3m9.3m9.1m8.8m9.4m

Accounts Receivable

(198.9k)(417.0k)(1.2m)(4.2m)(900.0k)(2.0m)(1.5m)(2.8m)(3.2m)

Inventories

(923.5k)865.0k(2.3m)(4.3m)(2.9m)(79.0k)(4.5m)(146.0k)(5.2m)

Accounts Payable

787.5k(132.0k)1.4m(944.0k)4.0m(1.1m)1.3m(2.4m)2.8m

Cash From Operating Activities

(2.0m)(1.9m)(5.2m)(21.6m)(7.8m)(15.1m)(8.9m)(4.2m)(15.8m)

Purchases of PP&E

(1.5m)(3.0m)(2.9m)(9.2m)(13.4m)(7.7m)(6.4m)(6.2m)(12.2m)

Cash From Investing Activities

2.7m(2.8m)(14.2m)(30.6m)(10.5m)(12.1m)3.8m(85.4m)(2.1m)

Long-term Borrowings

(4.0m)(8.1m)(2.1m)(6.4m)(263.0k)(439.0k)(1.7m)(1.8m)(629.0k)

Cash From Financing Activities

4.8m2.7m26.8m65.9m14.0m27.7m2.8m100.2m14.4m

Net Change in Cash

5.5m(2.0m)7.1m13.5m(4.6m)444.0k(2.4m)10.4m(3.7m)

Interest Paid

405.3k607.0k473.0k115.0k232.0k1.5m2.0m3.9m3.7m

Income Taxes Paid

30.5k14.0k30.0k146.0k20.0k30.0k37.0k65.0k259.0k

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

(2.2m)(3.4m)(1.6m)(2.9m)(5.5m)(1.9m)(3.7m)(6.5m)(7.7m)(10.4m)(10.9m)(5.3m)(10.2m)(16.3m)(9.7m)(17.9m)(24.7m)(10.2m)(17.1m)(24.3m)(10.1m)(10.5m)(17.7m)(5.6m)(9.7m)(19.1m)(16.4m)(24.6m)

Depreciation and Amortization

1.0m1.5m475.5k1.0m1.5m458.0k951.0k1.5m1.1m2.2m3.5m1.3m2.7m4.2m2.2m4.5m6.9m2.3m4.6m6.9m2.2m4.4m6.5m2.2m4.6m7.0m2.4m4.9m

Accounts Receivable

(467.6k)505.6k(177.3k)(916.0k)125.0k(1.2m)(1.5m)(1.0m)(1.0m)(1.4m)(1.8m)(2.7m)(468.0k)571.0k30.0k(1.9m)(1.8m)(397.0k)(1.7m)(1.0m)783.0k(1.9m)(727.0k)(1.5m)(2.9m)(2.0m)5.9m5.1m

Inventories

(268.9k)(880.3k)(449.6k)39.0k(319.0k)(1.0k)(320.0k)(1.3m)(862.0k)(2.5m)(4.6m)(1.1m)(2.0m)(2.5m)(1.2m)(1.6m)(1.2m)(1.1m)(2.1m)(4.6m)(43.0k)703.0k110.0k(1.7m)(2.0m)(3.6m)(2.7m)(3.4m)

Accounts Payable

658.2k305.9k(64.9k)(384.0k)(467.0k)278.0k45.0k427.0k(531.0k)(936.0k)(539.0k)2.1m1.1m2.2m1.0m131.0k(756.0k)353.0k565.0k55.0k(408.0k)(2.4m)(1.5m)438.0k2.4m702.0k2.5m(2.0m)

Cash From Operating Activities

(503.9k)(859.4k)(1.1m)(1.3m)(1.7m)(2.6m)(2.8m)(2.2m)(14.4m)(18.4m)(19.6m)(9.0m)(6.4m)(3.8m)(10.9m)(17.0m)(15.9m)(9.5m)(10.6m)(10.5m)(9.4m)(10.4m)(5.2m)(13.4m)(9.7m)(12.3m)(16.1m)(27.6m)

Purchases of PP&E

(638.1k)(852.0k)(662.0k)(1.4m)(2.4m)(455.0k)(1.2m)(1.9m)(1.0m)(2.5m)(4.4m)(1.4m)(4.1m)(8.3m)(2.8m)(4.3m)(6.1m)(1.7m)(3.5m)(5.1m)(2.1m)(3.5m)(5.1m)(1.7m)(4.5m)(7.8m)(1.8m)(2.9m)

Cash From Investing Activities

(4.5m)(4.2m)(697.2k)(3.3m)(2.8m)(1.4m)(835.0k)(6.2m)7.4m(16.0m)(21.2m)2.6m1.3m(7.8m)7.0m(13.9m)(18.9m)5.7m5.3m2.7m(4.2m)(14.0m)(14.6m)11.0m10.1m454.0k17.3m(95.5m)

Long-term Borrowings

(3.3m)(3.7m)(6.6m)(7.1m)(7.6m)(507.0k)(1.0m)(1.5m)(6.3m)(6.4m)(6.4m)(14.0k)(25.0k)(36.0k)(107.0k)(218.0k)(343.0k)(120.0k)(241.0k)(365.0k)(1.3m)(1.5m)(1.6m)(150.0k)(303.0k)(459.0k)(94.0k)(280.0k)

Cash From Financing Activities

5.0m4.4m3.4m3.4m2.9m27.1m27.1m26.6m60.7m61.5m61.5m1.8m6.9m12.0m790.0k26.9m27.0m(1.2m)2.1m3.0m13.1m16.5m16.0m(9.0m)(7.3m)13.0m(7.8m)183.2m

Net Change in Cash

(118.8k)(799.2k)1.7m(1.1m)(1.6m)23.0m23.3m18.1m53.7m27.1m20.6m(4.8m)1.6m330.0k(3.0m)(3.8m)(7.7m)(5.1m)(3.2m)(4.8m)(580.0k)(7.9m)(3.8m)(11.5m)(7.0m)951.0k(6.7m)60.0m

Interest Paid

167.0k289.7k128.2k297.0k457.0k140.0k279.0k381.0k102.0k109.0k113.0k2.0k3.0k4.0k244.0k577.0k1.0m488.0k985.0k1.5m416.0k1.2m2.7m914.0k1.7m2.6m1.1m2.2m

Income Taxes Paid

17.8k25.5k11.5k12.0k14.0k30.0k30.0k30.0k146.0k146.0k146.0k20.0k20.0k30.0k37.0k45.0k45.0k136.0k185.0k227.0k187.0k282.0k

AtriCure Ratios

USDQ2, 2011

Financial Leverage

2.1 x

AtriCure Employee Rating

4.131 votes
Culture & Values
4.4
Work/Life Balance
3.8
Senior Management
3.6
Salary & Benefits
4
Career Opportunities
3.3
Source
View AtriCure profile

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