IRIDEX was founded in 1989 and is headquartered in Mountain View, US
IRIDEX Office Locations
IRIDEX has an office in Mountain View
Mountain View, US (HQ)
1212 Terra Bella Ave
IRIDEX Data and Metrics
IRIDEX Financial Metrics
IRIDEX's revenue was reported to be $10.5 m in Q1, 2017
USD
Revenue (Q1, 2017) | 10.5 m |
Gross profit (Q1, 2017) | 4.5 m |
Gross profit margin (Q1, 2017), % | 43% |
Net income (Q1, 2017) | (1.9 m) |
EBIT (Q1, 2017) | (1.9 m) |
Market capitalization (17-Aug-2017) | 96.5 m |
Cash (01-Apr-2017) | 23.9 m |
IRIDEX's current market capitalization is $96.5 m.
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 38.3 m | 42.8 m | 41.8 m | 46.2 m |
Revenue growth, % | 12% | (2%) | 11% | |
Cost of goods sold | 19.7 m | 21.4 m | 21.8 m | 25.3 m |
Gross profit | 18.6 m | 21.4 m | 20 m | 20.8 m |
Gross profit Margin, % | 49% | 50% | 48% | 45% |
Sales and marketing expense | 7.7 m | 8.2 m | 8.9 m | 10.3 m |
R&D expense | 3.7 m | 4.6 m | 5.2 m | 5.4 m |
General and administrative expense | 5 m | 6 m | 5.6 m | 7.6 m |
Operating expense total | 16 m | 18.8 m | 19.7 m | 23.4 m |
EBIT | 288 k | (2.6 m) | ||
EBIT margin, % | 1% | (6%) | ||
Income tax expense | 31 k | (8.7 m) | (183 k) | 9.1 m |
Net Income | 2.2 m | 10 m | 474 k | (11.7 m) |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 10.6 m | 10.1 m | 10.8 m | 9 m | 9.8 m | 11.9 m | 11.9 m | 9.8 m | 10.5 m |
Cost of goods sold | 5.3 m | 5 m | 5.4 m | 4.8 m | 5 m | 6.6 m | 6.2 m | 5.5 m | 6 m |
Gross profit | 5.3 m | 5.1 m | 5.4 m | 4.2 m | 4.8 m | 5.3 m | 5.7 m | 4.2 m | 4.5 m |
Gross profit Margin, % | 50% | 51% | 50% | 47% | 49% | 44% | 48% | 43% | 43% |
Sales and marketing expense | 2.1 m | 2 m | 2.1 m | 2.2 m | 2.2 m | 2.4 m | 2.4 m | 2.4 m | 2.9 m |
R&D expense | 1.3 m | 1.1 m | 1.3 m | 1.5 m | 1.2 m | 1.4 m | 1.4 m | 1.3 m | 1.5 m |
General and administrative expense | 1.5 m | 1.5 m | 1.7 m | 1.3 m | 1.2 m | 1.4 m | 2.3 m | 1.9 m | 1.9 m |
Operating expense total | 4.9 m | 4.5 m | 5 m | 5 m | 4.7 m | 5.1 m | 6.1 m | 5.5 m | 6.3 m |
EBIT | 400 k | 606 k | 403 k | (747 k) | 143 k | 152 k | (394 k) | (1.2 m) | (1.9 m) |
EBIT margin, % | 4% | 6% | 4% | (8%) | 1% | 1% | (3%) | (13%) | (18%) |
Income tax expense | 12 k | 4 k | 150 k | (118 k) | (135 k) | 40 k | (87 k) | 6 k | |
Net Income | 297 k | 490 k | 246 k | (652 k) | 442 k | 101 k | (328 k) | (671 k) | (1.9 m) |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 13.4 m | 13.3 m | 10 m | 23.7 m |
Inventories | 10.6 m | 9.1 m | 11.1 m | 11.6 m |
Current Assets | 32 m | 32.9 m | 30.8 m | 45.9 m |
PP&E | 543 k | 735 k | 1.1 m | 1.5 m |
Goodwill | 533 k | 533 k | 533 k | 533 k |
Total Assets | 33.7 m | 41.8 m | 41.8 m | 48.1 m |
Accounts Payable | 2.3 m | 1.8 m | 2.2 m | 2 m |
Current Liabilities | 7.4 m | 7 m | 7.4 m | 8.5 m |
Total Liabilities | 9 m | |||
Additional Paid-in Capital | 40.7 m | 38.5 m | 38 m | 55.2 m |
Retained Earnings | (14.9 m) | (4.9 m) | (4.4 m) | (16.1 m) |
Total Equity | 33.7 m | 39.2 m | ||
Financial Leverage | 1.2 x | 1.2 x |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 12.9 m | 13 m | 13.1 m | 12.2 m | 10.2 m | 10.5 m | 11.5 m | 9.6 m | 23.9 m |
Inventories | 9.8 m | 9.6 m | 9.9 m | 10.2 m | 11.2 m | 11.1 m | 12.1 m | 12.7 m | 11.7 m |
Current Assets | 30.5 m | 30.8 m | 33.2 m | 31.9 m | 31.4 m | 31.4 m | 32.7 m | 31.4 m | 45 m |
PP&E | 720 k | 748 k | 1 m | 1.1 m | 1.1 m | 1.1 m | 1.2 m | 1.4 m | 1.7 m |
Goodwill | 533 k | 533 k | 533 k | 533 k | 533 k | 533 k | 533 k | 533 k | 533 k |
Total Assets | 32.3 m | 32.6 m | 42.3 m | 41.2 m | 40.7 m | 42.4 m | 43.7 m | 42.7 m | 47.4 m |
Accounts Payable | 2 m | 1.8 m | 2.5 m | 2.1 m | 2.6 m | 2.7 m | 3.2 m | 2.5 m | 1.9 m |
Current Liabilities | 6.2 m | 6.5 m | 7.2 m | 7.1 m | 7.1 m | 7.5 m | 8.7 m | 7.5 m | 7.2 m |
Additional Paid-in Capital | 39.8 m | 39.2 m | 38.5 m | 38.4 m | 37.6 m | 38.4 m | 39 m | 39.7 m | 57.7 m |
Retained Earnings | (14.1 m) | (13.6 m) | (4.6 m) | (5.3 m) | (4.8 m) | (4.3 m) | (4.6 m) | (5.3 m) | (18 m) |
Total Equity | 33.2 m | 32.8 m | 34.2 m | 34.5 m | 34.6 m | 39.8 m | |||
Financial Leverage | 1.2 x | 1.2 x | 1.2 x | 1.3 x | 1.2 x | 1.2 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 2.2 m | 10 m | 474 k | (11.7 m) |
Depreciation and Amortization | 490 k | 420 k | 522 k | 648 k |
Accounts Receivable | (1.9 m) | (1.1 m) | (1 m) | (865 k) |
Inventories | (2.5 m) | 1.5 m | (2 m) | (537 k) |
Accounts Payable | 173 k | (520 k) | 465 k | (229 k) |
Cash From Operating Activities | 767 k | 4 m | (593 k) | |
Purchases of PP&E | (380 k) | (568 k) | (875 k) | (1.1 m) |
Cash From Investing Activities | (763 k) | (1 m) | (1.3 m) | (1.5 m) |
Cash From Financing Activities | 1 m | (3.1 m) | (1.4 m) | 15.4 m |
Income Taxes Paid | (536 k) | 35 k | 27 k | 22 k |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 297 k | 490 k | 246 k | (652 k) | 442 k | 101 k | (328 k) | (671 k) | (1.9 m) |
Inventories | 9.8 m | 9.6 m | 9.9 m | 10.2 m | 11.2 m | 11.1 m | 12.1 m | 12.7 m | 11.7 m |
Accounts Payable | 2 m | 1.8 m | 2.5 m | 2.1 m | 2.6 m | 2.7 m | 3.2 m | 2.5 m | 1.9 m |
| Y, 2017 | |
|---|---|
Financial Leverage | 1.2 x |
