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.

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
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LRAD Office Locations

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

LRAD Financials

LRAD's revenue was reported to be $20.31 m in FY, 2017
USD

Revenue (FY, 2017)

20.3 m

Gross profit (FY, 2017)

10.3 m

Gross profit margin (FY, 2017), %

50.6%

Net income (FY, 2017)

(876.8 k)

EBIT (FY, 2017)

(807.7 k)

Market capitalization (20-Apr-2018)

77.7 m

Cash (30-Sep-2017)

12.8 m
LRAD's current market capitalization is $77.7 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

17.1 m24.6 m16.8 m16.4 m20.3 m

Revenue growth, %

44%(32%)(3%)

Cost of goods sold

8.8 m10.8 m8.3 m8.7 m10 m

Gross profit

8.2 m13.8 m8.5 m7.7 m10.3 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

3.8 m5.4 m8 m4.4 m4.5 m3.5 m2.8 m3.6 m5 m2.9 m5.7 m4.1 m

Cost of goods sold

1.9 m2.7 m3 m2 m2.2 m1.8 m1.5 m2 m2.6 m1.7 m2.8 m2.4 m

Gross profit

1.9 m2.7 m5 m2.4 m2.3 m1.7 m1.3 m1.6 m2.4 m1.2 m2.9 m1.7 m

Gross profit Margin, %

51%51%63%54%51%49%46%45%48%42%51%41%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

15.8 m23.9 m18.3 m13.5 m12.8 m

Accounts Receivable

2.1 m3.4 m5.7 m

Inventories

4.8 m5.3 m

Current Assets

26.4 m32.6 m27.2 m25.2 m29.1 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

18.1 m18.5 m21.2 m20.1 m19.1 m17.8 m15.6 m15 m15.5 m15 m14.6 m14.4 m

Accounts Receivable

2.5 m2.3 m2.7 m1.9 m2.5 m1.5 m3.2 m2.4 m

Inventories

5.3 m5.5 m4.7 m4.4 m4.6 m5.1 m5.2 m5.2 m5.2 m5.1 m5.1 m5.7 m

Current Assets

25.8 m27.4 m30.2 m28.1 m28.5 m28.1 m25.8 m25.9 m26.2 m25.2 m27.1 m26.7 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

1.3 m3.3 m9.7 m(1.3 m)(876.8 k)

Depreciation and Amortization

146.3 k210 k238.3 k167.7 k153.3 k

Inventories

(1.3 m)655 k(1.1 m)2.3 k(519.6 k)

Accounts Payable

600.7 k(765.9 k)(126.6 k)(129.4 k)537.8 k
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

131.6 k525.9 k1.9 m505.6 k290.5 k732.2 k(380.1 k)(664.7 k)276.9 k(812.7 k)298.4 k

Depreciation and Amortization

182.6 k

Inventories

(1.2 m)

Accounts Payable

652.3 k936.3 k1 m570.1 k477.9 k1.4 m1.5 m1.1 m1.3 m
USDY, 2017

Revenue/Employee

441.6 k

Financial Leverage

1.1 x
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LRAD News and Updates

Global Maritime Anti-Piracy Systems Market : Latest Trends, Analysis and Forecast

Market Research Report on Global Maritime Anti-Piracy Systems Market Posted via Industry Today. Follow us on Twitter @IndustryToday
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