FARO Technologies (FARO) stock price, revenue, and financials

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

$1.2 B

FARO Mkt cap, 20-Nov-2020

$48.1 M

FARO Technologies Revenue Q3, 2020
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

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

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FARO Technologies Revenue Breakdown

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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

FARO Technologies Income Statement

Annual

USDFY, 2017FY, 2018FY, 2019

Revenue

360.9m403.6m381.8m

Revenue growth, %

11%12%(5%)

Cost of goods sold

156.3m175.3m183.6m

Gross profit

204.6m228.3m198.1m

Gross profit Margin, %

57%57%52%

Sales and marketing expense

103.5m116.9m

R&D expense

35.4m39.7m44.2m

General and administrative expense

43.8m47.7m177.4m

Operating expense total

199.3m222.6m256.8m

Depreciation and amortization

16.6m18.3m

EBIT

5.3m5.8m(58.6m)

EBIT margin, %

1%1%(15%)

Interest expense

4.0k486.0k781.0k

Interest income

319.0k429.0k714.0k

Pre tax profit

5.8m4.6m(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)

FARO Technologies Balance Sheet

Annual

USDFY, 2017FY, 2018FY, 2019

Cash

141.0m108.8m133.6m

Accounts Receivable

72.1m88.9m76.2m

Prepaid Expenses

16.3m28.8m29.0m

Inventories

53.8m65.4m58.6m

Current Assets

294.2m316.7m322.2m

PP&E

31.9m30.4m27.0m

Goodwill

52.8m67.3m49.7m

Total Assets

458.6m506.2m486.8m

Accounts Payable

11.6m20.1m13.7m

Short-term debt

2.6m3.1m6.7m

Current Liabilities

75.9m97.5m106.0m

Long-term debt

13.7m

Total Debt

2.6m3.1m20.4m

Total Liabilities

106.5m129.6m154.9m

Common Stock

18.0k19.0k19.0k

Additional Paid-in Capital

223.1m251.3m267.9m

Retained Earnings

168.6m175.4m112.9m

Total Equity

352.1m376.6m332.0m

Debt to Equity Ratio

0 x0 x0.1 x

Debt to Assets Ratio

0 x0 x0 x

Financial Leverage

1.3 x1.3 x1.5 x

FARO Technologies Cash Flow

Annual

USDFY, 2017FY, 2018FY, 2019

Net Income

(14.5m)4.9m(62.1m)

Depreciation and Amortization

16.6m18.3m18.5m

Accounts Receivable

(6.8m)(16.0m)10.4m

Inventories

(10.9m)(20.5m)(4.1m)

Accounts Payable

1.1m11.2m(2.5m)

Cash From Operating Activities

10.4m6.3m32.5m

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

3.0m19.8m2.2m

Net Change in Cash

34.8m(32.2m)24.9m

FARO Technologies Ratios

USDFY, 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 Operating Metrics

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, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 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 k15 k15 k14 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

FARO Technologies Employee Rating

2.8217 votes
Culture & Values
2.8
Work/Life Balance
3.3
Senior Management
2.5
Salary & Benefits
3.1
Career Opportunities
2.6
Source