$235.3 M

CUTR Mkt cap, 10-Jun-2019

$47.8 M

Cutera Revenue Q2, 2019
Cutera Gross profit (Q2, 2019)25.8 M
Cutera Gross profit margin (Q2, 2019), %54.1%
Cutera Net income (Q2, 2019)588 K
Cutera EBIT (Q2, 2019)299 K
Cutera Cash, 30-Jun-201927.7 M

Cutera Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

74.6m78.1m94.8m118.1m151.5m

Revenue growth, %

5%21%25%

Cost of goods sold

32.7m34.8m40.5m49.9m65.4m82.3m

Gross profit

41.9m43.4m54.3m68.1m86.1m

Gross profit Margin, %

56%56%57%58%57%

Sales and marketing expense

28.0m35.9m41.6m52.1m58.4m

R&D expense

9.2m10.7m11.2m12.9m14.4m

General and administrative expense

9.9m12.1m12.9m14.1m21.0m

Operating expense total

47.1m58.8m65.7m75.0m93.8m

EBIT

(5.3m)(10.6m)(4.5m)2.4m11.1m(13.4m)

EBIT margin, %

(7%)(14%)(5%)2%7%

Interest income

455.0k226.0k293.0k323.0k884.0k123.0k

Pre tax profit

(4.8m)(10.4m)(4.2m)2.7m12.0m(13.5m)

Income tax expense

(54.0k)219.0k212.0k143.0k(18.0m)17.3m

Net Income

(4.7m)(10.6m)(4.4m)2.6m30.0m(30.8m)

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

16.8m16.2m17.7m18.7m19.1m22.6m23.1m22.4m27.5m30.3m29.3m36.4m38.2m42.6m36.0m47.8m

Cost of goods sold

7.7m7.3m7.8m7.9m9.1m9.7m9.6m9.9m11.5m12.5m13.8m15.3m16.0m16.8m20.2m18.7m18.7m21.9m

Gross profit

9.2m8.9m9.9m10.8m10.0m12.9m13.5m12.5m16.0m17.7m15.5m21.0m22.2m22.4m17.3m25.8m

Gross profit Margin, %

55%55%56%58%53%57%58%56%58%59%53%58%58%53%48%54%

Sales and marketing expense

6.6m7.3m7.8m7.8m8.2m9.1m8.8m8.7m10.7m10.6m10.8m12.8m13.1m13.1m15.5m14.5m16.1m17.0m

R&D expense

2.4m2.6m2.6m2.6m2.4m2.7m2.7m2.7m2.7m2.9m2.9m3.0m3.5m3.6m4.1m3.2m3.7m3.3m

General and administrative expense

2.2m2.6m2.3m2.9m3.0m3.0m2.9m3.2m4.0m2.7m3.2m3.5m3.4m5.4m4.9m5.2m5.5m5.3m

Operating expense total

11.2m12.5m12.7m13.3m13.6m14.8m14.5m14.6m17.4m16.2m16.9m19.3m16.0m22.1m24.5m22.9m25.3m25.5m

EBIT

(2.0m)(3.7m)(2.8m)(2.5m)(3.6m)(1.9m)(984.0k)(2.2m)(1.4m)1.5m(1.4m)1.7m6.2m(4.7m)(2.2m)(998.0k)(8.0m)299.0k

EBIT margin, %

(12%)(23%)(16%)(14%)(19%)(9%)(4%)(10%)(5%)5%(5%)5%16%(5%)(22%)1%

Interest income

140.0k80.0k138.0k8.0k96.0k84.0k144.0k217.0k166.0k273.0k276.0k197.0k129.0k79.0k46.0k

Pre tax profit

(1.8m)(3.6m)(2.7m)(2.5m)(3.6m)(1.8m)(900.0k)(2.0m)(1.2m)1.7m(1.1m)2.0m6.4m(4.7m)(2.3m)(1.0m)(8.1m)345.0k

Income tax expense

(169.0k)37.0k44.0k97.0k50.0k53.0k57.0k24.0k30.0k61.0k(118.0k)59.0k225.0k(2.6m)(712.0k)(174.0k)115.0k(243.0k)

Net Income

(1.7m)(3.6m)(2.7m)(2.6m)(3.6m)(1.9m)(957.0k)(2.1m)(1.2m)1.6m(1.0m)1.9m6.2m(2.0m)(1.6m)(873.0k)(8.2m)588.0k

Cutera Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

16.2m9.8m10.9m13.8m14.2m26.1m

Accounts Receivable

1.6m

Inventories

9.0m11.0m12.1m15.0m28.8m28.0m

Current Assets

103.3m104.9m73.8m87.8m88.4m87.2m

PP&E

1.4m1.5m1.5m1.9m2.1m2.7m

Goodwill

1.3m1.3m1.3m1.3m1.3m1.3m

Total Assets

108.7m108.9m77.5m91.9m111.2m97.6m

Accounts Payable

1.8m3.1m2.0m2.6m7.0m11.3m

Short-term debt

Current Liabilities

18.6m23.0m24.4m28.4m43.3m47.6m

Long-term debt

Total Debt

Total Liabilities

24.4m27.5m30.8m46.3m51.3m

Additional Paid-in Capital

98.8m105.7m79.8m88.1m62.0m70.5m

Retained Earnings

(14.6m)(25.2m)(29.7m)(27.0m)2.9m(24.0m)

Total Equity

84.3m50.0m61.0m64.9m46.4m

Financial Leverage

1.3 x1.5 x1.5 x1.7 x2.1 x

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

15.2m10.7m10.9m11.4m13.5m11.6m10.1m6.3m7.4m11.3m11.4m18.7m14.8m10.9m18.4m21.9m19.2m27.7m

Accounts Receivable

7.5m6.6m7.6m8.7m10.4m8.9m9.0m11.2m11.2m11.7m17.9m18.2m19.6m19.9m22.1m25.4m19.1m24.9m

Inventories

10.4m9.6m10.0m11.1m11.9m13.5m13.5m13.5m14.7m16.5m15.7m16.9m23.7m31.0m30.1m31.3m26.7m26.9m

Current Assets

101.8m102.5m101.0m102.5m100.0m90.4m72.3m71.0m71.8m77.0m84.4m91.2m96.7m77.4m84.7m87.4m77.8m88.0m

PP&E

1.5m1.4m1.3m1.3m1.5m1.5m1.4m1.4m1.6m1.7m1.8m1.9m1.8m2.2m2.6m2.8m2.4m2.8m

Goodwill

1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m

Total Assets

107.5m107.4m105.7m106.9m104.0m94.2m75.9m74.7m75.6m81.0m88.3m95.2m100.6m108.1m115.7m118.9m97.4m107.9m

Accounts Payable

2.1m2.5m2.0m2.7m2.9m3.6m2.7m2.6m2.8m3.3m3.1m4.3m5.8m8.2m10.7m13.3m10.3m11.4m

Current Liabilities

17.1m18.3m18.1m20.4m20.8m22.6m23.4m22.5m24.9m26.4m26.3m32.2m36.8m37.1m42.8m45.2m46.9m52.9m

Total Liabilities

21.9m24.0m23.9m26.2m25.5m26.6m26.6m25.1m27.3m28.6m28.8m34.9m39.4m40.3m46.4m48.5m58.2m64.8m

Additional Paid-in Capital

99.9m101.5m102.6m104.3m107.4m98.4m81.0m81.3m81.3m83.8m87.6m86.4m81.2m62.1m66.3m68.2m71.4m74.9m

Retained Earnings

(14.3m)(18.2m)(21.0m)(23.6m)(28.9m)(30.8m)(31.7m)(31.7m)(33.0m)(31.3m)(28.1m)(26.1m)(19.9m)5.9m3.2m(32.2m)(31.6m)

Total Equity

85.6m83.4m67.7m49.3m49.6m48.3m52.4m59.4m60.2m61.2m67.9m69.4m70.4m39.1m43.2m

Financial Leverage

1.3 x1.3 x1.4 x1.5 x1.5 x1.6 x1.5 x1.5 x1.6 x1.6 x1.6 x1.7 x1.7 x2.5 x2.5 x

Cutera Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(4.7m)(10.6m)(4.4m)2.6m30.0m(30.8m)

Depreciation and Amortization

1.3m1.3m1.2m982.0k1.0m1.2m

Accounts Receivable

(857.0k)(1.5m)(536.0k)(4.9m)(4.2m)(117.0k)

Inventories

2.1m(2.0m)(1.1m)(2.9m)(13.8m)768.0k

Accounts Payable

(287.0k)1.3m(1.1m)639.0k4.4m4.3m

Cash From Operating Activities

3.5m(4.3m)(1.4m)2.0m14.3m308.0k

Cash From Investing Activities

(5.8m)(5.6m)32.6m(3.4m)17.7m10.8m

Cash From Financing Activities

(5.0m)3.5m(30.2m)4.3m(31.6m)787.0k

Interest Paid

19.0k26.0k20.0k43.0k70.0k85.0k

Income Taxes Paid

225.0k160.0k222.0k220.0k472.0k

Cutera Ratios

USDY, 2019

Financial Leverage

2.5 x

Cutera Employee Rating

3.254 votes
Culture & Values
3.2
Work/Life Balance
3.2
Senior Management
3.2
Salary & Benefits
3.3
Career Opportunities
3.3
Source