FARO Technologies market cap is $1.2 b, and annual revenue was $381.77 m in FY 2019

FARO Technologies Gross profit (Q3, 2020)25.7 M

FARO Technologies Gross profit margin (Q3, 2020), %53.4%

FARO Technologies Cash, 30-Sept-2020163.6 M

FARO Technologies revenue was $381.77 m in FY, 2019 which is a 5.4% year over year decrease from the previous period.

FARO Technologies revenue breakdown by business segment: 24.1% from Service and 75.9% from Product

FARO Technologies revenue breakdown by geographic segment: 8.6% from China, 7.2% from Other Asia, 13.6% from Germany , 8.7% from Japan , 18.4% from Other Europe, 39.7% from United States and 3.7% from Other

USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Revenue | 360.9m | 403.6m | 381.8m |

| 11% | 12% | (5%) |

## Cost of goods sold | 156.3m | 175.3m | 183.6m |

## Gross profit | 204.6m | 228.3m | 198.1m |

| 57% | 57% | 52% |

## Sales and marketing expense | 103.5m | 116.9m | |

## R&D expense | 35.4m | 39.7m | 44.2m |

## General and administrative expense | 43.8m | 47.7m | 177.4m |

## Operating expense total | 199.3m | 222.6m | 256.8m |

## Depreciation and amortization | 16.6m | 18.3m | |

## EBIT | 5.3m | 5.8m | (58.6m) |

| 1% | 1% | (15%) |

## Interest expense | 4.0k | 486.0k | 781.0k |

## Interest income | 319.0k | 429.0k | 714.0k |

## Pre tax profit | 5.8m | 4.6m | (61.0m) |

## Income tax expense | 20.3m | (372.0k) | 1.1m |

## Net Income | (14.5m) | 4.9m | (62.1m) |

## EPS | (0.9) | 0.3 | (3.6) |

USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 92.8m | 98.2m | 99.7m | 93.6m | 93.5m | 90.5m | 79.5m | 60.6m | 48.1m |

## Cost of goods sold | 39.0m | 40.6m | 47.4m | 38.6m | 41.2m | 39.7m | 35.6m | 31.7m | 22.4m |

## Gross profit | 53.8m | 57.7m | 52.3m | 55.0m | 52.3m | 50.8m | 43.9m | 28.9m | 25.7m |

| 58% | 59% | 52% | 59% | 56% | 56% | 55% | 48% | 53% |

## Sales and marketing expense | 28.3m | 30.1m | 27.8m | 26.8m | 29.1m | 30.2m | |||

## R&D expense | 9.4m | 10.0m | 10.0m | 9.9m | 9.1m | 10.8m | 10.4m | 10.2m | |

## General and administrative expense | 11.1m | 11.3m | 12.5m | 13.2m | 14.4m | 15.7m | 36.3m | 30.0m | |

## Operating expense total | 53.1m | 55.8m | 55.0m | 54.7m | 57.2m | 56.7m | 60.4m | 40.9m | |

## Depreciation and amortization | 4.3m | 4.4m | 4.7m | 4.7m | 4.6m | ||||

## EBIT | 693.0k | 1.9m | (2.7m) | 358.0k | (4.9m) | (5.9m) | (16.6m) | (12.0m) | |

| 1% | 2% | (3%) | 0% | (5%) | (7%) | (21%) | (20%) | |

## Interest expense | 240.0k | 212.0k | |||||||

## Interest income | 73.0k | 87.0k | 96.0k | 144.0k | 24.0k | 34.0k | |||

## Pre tax profit | 582.0k | 1.5m | (2.8m) | 307.0k | (6.8m) | (6.4m) | (17.1m) | (12.3m) | |

## Income tax expense | 127.0k | 300.0k | (354.0k) | 155.0k | (417.0k) | (182.0k) | (2.2m) | (3.4m) | |

## Net Income | 455.0k | 1.2m | (2.5m) | 152.0k | (6.4m) | (6.2m) | (14.8m) | (8.9m) | |

## EPS | 0.0 | 0.1 | (0.1) | 0.0 | (0.4) | (0.4) | (0.8) | (0.5) |

USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Cash | 141.0m | 108.8m | 133.6m |

## Accounts Receivable | 72.1m | 88.9m | 76.2m |

## Prepaid Expenses | 16.3m | 28.8m | 29.0m |

## Inventories | 53.8m | 65.4m | 58.6m |

## Current Assets | 294.2m | 316.7m | 322.2m |

## PP&E | 31.9m | 30.4m | 27.0m |

## Goodwill | 52.8m | 67.3m | 49.7m |

## Total Assets | 458.6m | 506.2m | 486.8m |

## Accounts Payable | 11.6m | 20.1m | 13.7m |

## Short-term debt | 2.6m | 3.1m | 6.7m |

## Current Liabilities | 75.9m | 97.5m | 106.0m |

## Long-term debt | 13.7m | ||

## Total Debt | 2.6m | 3.1m | 20.4m |

## Total Liabilities | 106.5m | 129.6m | 154.9m |

## Common Stock | 18.0k | 19.0k | 19.0k |

## Additional Paid-in Capital | 223.1m | 251.3m | 267.9m |

## Retained Earnings | 168.6m | 175.4m | 112.9m |

## Total Equity | 352.1m | 376.6m | 332.0m |

## Debt to Equity Ratio | 0 x | 0 x | 0.1 x |

## Debt to Assets Ratio | 0 x | 0 x | 0 x |

## Financial Leverage | 1.3 x | 1.3 x | 1.5 x |

USD | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|

## Net Income | (14.5m) | 4.9m | (62.1m) |

## Depreciation and Amortization | 16.6m | 18.3m | 18.5m |

## Accounts Receivable | (6.8m) | (16.0m) | 10.4m |

## Inventories | (10.9m) | (20.5m) | (4.1m) |

## Accounts Payable | 1.1m | 11.2m | (2.5m) |

## Cash From Operating Activities | 10.4m | 6.3m | 32.5m |

## Purchases of PP&E | (9.0m) | (11.0m) | (6.7m) |

## Cash From Investing Activities | 15.1m | (55.8m) | (9.3m) |

## Long-term Borrowings | (108.0k) | (157.0k) | (358.0k) |

## Cash From Financing Activities | 3.0m | 19.8m | 2.2m |

## Net Change in Cash | 34.8m | (32.2m) | 24.9m |

USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 455.0k | 1.7m | (828.0k) | 152.0k | (6.3m) | (12.5m) | (14.8m) | (23.8m) | (26.8m) |

## Depreciation and Amortization | 4.3m | 8.7m | 13.5m | 4.7m | 9.3m | 14.2m | 3.8m | 7.2m | 10.6m |

## Accounts Receivable | 1.8m | 252.0k | (1.9m) | 12.4m | 14.4m | 21.9m | 16.1m | 26.2m | 28.1m |

## Inventories | (5.2m) | (6.7m) | (12.1m) | (10.9m) | (9.7m) | (9.5m) | 1.8m | 892.0k | 5.1m |

## Accounts Payable | (4.8m) | (2.9m) | 569.0k | (9.2m) | (7.8m) | (13.4m) | 4.8m | (1.4m) | |

## Cash From Operating Activities | (4.0m) | 7.0k | 4.9m | 5.8m | 17.7m | 23.5m | 16.3m | 16.1m | 10.8m |

## Purchases of PP&E | (2.2m) | (5.2m) | (6.9m) | (1.5m) | (3.7m) | (5.9m) | (757.0k) | (1.5m) | (2.8m) |

## Cash From Investing Activities | (6.9m) | (12.1m) | (47.0m) | (2.1m) | (4.9m) | (8.5m) | 7.8m | 23.4m | 16.1m |

## Long-term Borrowings | (46.0k) | (46.0k) | (84.0k) | (90.0k) | (187.0k) | (273.0k) | (82.0k) | (160.0k) | (237.0k) |

## Cash From Financing Activities | 6.7m | 7.1m | 20.2m | (1.2m) | (1.1m) | (2.4m) | 1.1m | 1.3m | 1.8m |

## Net Change in Cash | (2.1m) | (7.4m) | (25.9m) | 1.9m | 11.8m | 10.3m | 23.6m | 40.1m | 30.0m |

USD | FY, 2017 |
---|---|

## EV/EBIT | 121.6 x |

## EV/CFO | 62.5 x |

## Revenue/Employee | 216.2k |

## Financial Leverage | 1.3 x |

## P/E Ratio | (54.0) |

FARO Technologies's Customers was reported to be 14 k in FY, 2019. FARO Technologies's Backlog was reported to be $28m in FY, 2019.

FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q4, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q4, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## New Bookings | $330.70 m | $86.90 m | $89 m | $90.50 m | $110.60 m | $377 m | $96.10 m | $106.50 m | $100.50 m | $122.20 m | $425.30 m | $100.70 m | $106.10 m | $94.80 m | |||

## Backlog | $13.40 m | $18 m | $17.50 m | $28 m | |||||||||||||

## Customers | 15 k | 15 k | 15 k | 14 k | |||||||||||||

## Patents and Patent Applications | 920 | 860 | 960 | 640 | |||||||||||||

## Purchase Commitments to be Delivered Within One Year | $53.30 m | $53 m | $69 m | $72 m | $56.90 m | $45 m | $49.10 m | $54 m | $52.60 m | $54 m | $48.10 m | ||||||

## Trademarks | 70 | 73 | 74 | 83 |