LRAD Corporation develops and delivers directed acoustic products that beam, focus and control sound over relatively short and long distances. The Company's flagship product line is called the Long Range Acoustic Device. Its LRAD-X products use directionality and focused acoustic output to clearly transmit critical information, instructions and warnings 500 meters and beyond. The LRAD-X product line can be manually operated or integrated into a remotely controlled security network's command and control center. Its LRAD systems are being used worldwide in diverse applications, including, fixed and mobile military deployments, maritime security, critical infrastructure and perimeter security, commercial security, border and port security, law enforcement and emergency responder communications, and wildlife preservation and control.

Company Growth (employees)
Type
Public
HQ
San Diego, US
Founded
1980
Size (employees)
46 (est)
Website
lradx.com
LRAD was founded in 1980 and is headquartered in San Diego, US

LRAD Office Locations

LRAD has an office in San Diego
San Diego, US (HQ)
a 16990 Goldentop Rd

LRAD Financials and Metrics

LRAD Financials

LRAD's revenue was reported to be $5.7 m in Q2, 2017
USD

Revenue (Q2, 2017)

5.7 m

Gross profit (Q2, 2017)

2.9 m

Gross profit margin (Q2, 2017), %

51%

Net income (Q2, 2017)

298.4 k

EBIT (Q2, 2017)

435.6 k

Market capitalization (17-Oct-2017)

61.2 m

Cash (31-Mar-2017)

14.6 m
LRAD's current market capitalization is $61.2 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

17.1 m24.6 m16.8 m16.4 m

Revenue growth, %

44%(32%)(3%)

Cost of goods sold

8.8 m10.8 m8.3 m8.7 m

Gross profit

8.2 m13.8 m8.5 m7.7 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

8 m4.4 m4.5 m3.5 m2.8 m3.6 m5 m2.9 m5.7 m

Cost of goods sold

3 m2 m2.2 m1.8 m1.5 m2 m2.6 m1.7 m2.8 m

Gross profit

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

Gross profit Margin, %

63%54%51%49%46%45%48%42%51%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

15.8 m23.9 m18.3 m13.5 m

Accounts Receivable

2.1 m3.4 m

Inventories

4.8 m

Current Assets

26.4 m32.6 m27.2 m25.2 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

21.2 m20.1 m19.1 m17.8 m15.6 m15 m15.5 m15 m14.6 m

Accounts Receivable

2.5 m2.3 m2.7 m1.9 m2.5 m1.5 m3.2 m

Inventories

4.7 m4.4 m4.6 m5.1 m5.2 m5.2 m5.2 m5.1 m5.1 m

Current Assets

30.2 m28.1 m28.5 m28.1 m25.8 m25.9 m26.2 m25.2 m27.1 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

1.3 m3.3 m9.7 m(1.3 m)

Depreciation and Amortization

146.3 k210 k238.3 k167.7 k

Accounts Receivable

560 k678.3 k2.2 m(1.3 m)

Inventories

(1.3 m)655 k(1.1 m)2.3 k
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

1.9 m505.6 k290.5 k(63.9 k)(380.1 k)(664.7 k)276.9 k(812.7 k)298.4 k

Accounts Receivable

2.5 m2.3 m2.7 m1.9 m2.5 m1.5 m3.2 m

Accounts Payable

652.3 k936.3 k1 m1.4 m477.9 k1.4 m1.5 m1.1 m1.3 m
USDY, 2017

Revenue/Employee

124.8 k

Financial Leverage

1.1 x
Show all financial metrics

LRAD Market Value History

Traffic Overview of LRAD

LRAD Online and Social Media Presence

LRAD Company Life and Culture

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