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Spectranetics Revenue

Spectranetics revenue was $270.82 m in FY, 2016 which is a 10.1% year over year increase from the previous period.

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Summary - Funding Rounds

Founding Date

1984
Spectranetics is a subsidiary of Philips

Spectranetics Income Statement

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

127.3m140.3m158.8m204.9m246.0m270.8m

Revenue growth, %

29%20%10%

Cost of goods sold

35.7m37.9m41.4m51.4m62.9m68.3m

Gross profit

91.6m102.4m117.5m153.5m183.1m202.5m

Gross profit Margin, %

72%73%74%75%74%75%

Sales and marketing expense

1.0m

R&D expense

10.9m

General and administrative expense

70.5m82.3m91.8m128.1m164.3m

Operating expense total

90.3m99.4m117.1m188.4m246.1m

Depreciation and amortization

901.0k6.3m

EBIT

1.3m2.9m394.0k(36.9m)(50.5m)(43.6m)

EBIT margin, %

1%2%0%(18%)(21%)(16%)

Interest expense

81.0k63.0k3.0k4.1m13.3m

Pre tax profit

1.1m3.0m410.0k(41.2m)(58.7m)(57.3m)

Income tax expense

231.0k734.0k780.0k(322.0k)726.0k787.0k

Net Income

894.0k2.2m(370.0k)(40.9m)(59.5m)(58.1m)

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

32.2m32.1m33.3m35.0m35.2m37.7m39.5m39.8m39.6m43.6m58.8m57.4m61.7m61.7m62.9m67.7m68.3m69.7m74.7m

Cost of goods sold

9.3m8.7m9.0m9.5m9.6m10.3m10.6m10.1m10.3m10.5m14.7m14.8m15.9m15.8m16.1m17.0m16.9m18.1m18.5m

Gross profit

22.9m23.4m24.3m25.5m25.6m27.4m28.8m29.7m29.3m33.0m44.1m42.6m45.8m45.9m46.8m50.8m51.4m51.6m56.2m

Gross profit Margin, %

71%73%73%73%73%73%73%75%74%76%75%74%74%74%74%75%75%74%75%

General and administrative expense

17.6m17.7m20.6m20.4m20.3m22.8m23.1m22.2m27.9m28.5m35.5m36.9m35.6m34.1m40.8m40.6m40.7m45.7m45.5m

Operating expense total

22.3m23.0m24.4m24.6m24.5m28.9m29.5m28.9m34.8m38.9m54.9m67.6m51.0m58.3m60.7m62.1m61.2m66.6m77.5m

Depreciation and amortization

246.0k137.0k136.0k3.1m3.2m3.6m3.3m3.2m3.2m2.9m2.9m2.9m

EBIT

596.0k403.0k(65.0k)965.0k1.1m(1.5m)(678.0k)806.0k(5.5m)(5.8m)(11.8m)(25.2m)(5.3m)(12.4m)(13.9m)(11.3m)(9.9m)(15.0m)(21.3m)

EBIT margin, %

2%1%0%3%3%(4%)(2%)2%(14%)(13%)(20%)(44%)(9%)(20%)(22%)(17%)(14%)(22%)(29%)

Interest expense

21.0k17.0k8.0k2.0k2.0k4.0k6.0k1.0k1.0k489.0k1.8m1.8m1.8m1.9m3.3m3.3m3.3m3.4m3.6m

Pre tax profit

663.0k189.0k16.0k849.0k1.1m(1.5m)(664.0k)840.0k(5.5m)(6.3m)(13.8m)(27.2m)(7.1m)(14.3m)(17.1m)(14.8m)(13.2m)(18.3m)(24.2m)

Income tax expense

79.0k80.0k4.0k213.0k242.0k(575.0k)64.0k406.0k147.0k246.0k188.0k147.0k120.0k176.0k205.0k150.0k132.0k200.0k368.0k

Net Income

584.0k109.0k12.0k636.0k905.0k(959.0k)(728.0k)434.0k(5.7m)(6.6m)(13.9m)(27.3m)(7.2m)(14.5m)(17.3m)(14.9m)(13.3m)(18.5m)(24.6m)

Spectranetics Balance Sheet

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

39.6m37.8m128.4m95.5m84.6m57.2m

Accounts Receivable

18.1m19.9m26.8m41.1m

Prepaid Expenses

2.4m2.5m2.7m8.1m

Inventories

8.5m9.3m9.5m25.4m8.1m27.6m

Current Assets

69.3m69.8m167.8m172.3m158.3m135.5m

PP&E

27.2m27.0m28.3m33.8m44.7m44.8m

Goodwill

11.6m13.3m14.8m149.9m152.6m148.8m

Total Assets

109.0m110.8m217.2m467.0m468.0m430.1m

Accounts Payable

1.5m2.0m2.6m4.4m4.4m6.2m

Short-term debt

4.8m

Current Liabilities

28.0m20.2m23.2m41.3m63.7m66.9m

Long-term debt

15.0m

Total Debt

19.8m

Total Liabilities

29.5m22.1m27.2m304.8m355.8m

Common Stock

34.0k35.0k41.0k42.0k

Preferred Stock

Additional Paid-in Capital

176.3m183.1m284.5m298.5m313.4m332.7m

Retained Earnings

(96.1m)(93.9m)(94.2m)(135.1m)(194.6m)(252.7m)

Total Equity

79.5m88.7m190.0m162.2m117.0m74.3m

Financial Leverage

1.4 x1.2 x1.1 x2.9 x4 x5.8 x

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

34.9m36.2m27.0m27.7m31.6m25.2m119.4m123.6m120.9m107.0m103.5m43.6m49.3m41.7m67.5m64.3m58.9m43.9m57.5m

Accounts Receivable

18.2m17.2m18.1m19.4m20.0m22.5m23.4m23.9m27.7m38.0m36.2m38.8m40.0m40.1m44.2m43.2m41.7m43.9m47.4m

Prepaid Expenses

2.0m2.3m2.7m2.9m2.2m2.6m3.1m2.9m3.5m4.2m5.3m9.2m6.6m6.0m6.0m5.9m6.3m6.7m7.7m

Inventories

7.0m7.5m9.5m9.4m9.9m10.0m10.8m10.0m9.8m26.0m26.5m27.7m27.8m27.5m26.3m25.7m26.7m28.9m29.6m

Current Assets

62.8m63.3m57.9m60.0m64.1m61.4m157.8m161.3m162.3m175.7m174.6m121.5m125.8m117.2m144.0m139.2m133.6m123.3m142.3m

PP&E

28.8m28.0m27.8m27.5m26.7m26.4m26.3m26.6m28.7m30.5m32.4m38.3m42.6m45.1m44.8m44.6m44.9m45.5m46.3m

Goodwill

5.6m5.6m13.3m13.3m13.3m14.8m14.8m14.8m14.8m148.5m148.2m152.9m152.8m152.6m152.6m149.5m149.5m149.0m149.8m

Total Assets

97.4m97.3m99.7m101.5m104.8m114.1m210.2m213.6m212.0m476.3m469.3m443.8m449.0m436.7m450.5m439.3m431.9m415.7m433.4m

Accounts Payable

2.3m1.9m2.9m1.3m1.4m1.8m2.0m1.9m2.2m4.6m4.4m4.0m7.6m9.5m4.4m5.3m5.8m6.6m6.5m

Short-term debt

4.4m4.7m18.5m23.1m19.2m19.2m21.3m27.1m26.2m

Current Liabilities

20.1m18.9m17.0m16.6m17.1m16.5m19.4m18.9m19.8m33.1m33.4m39.2m64.6m71.2m57.9m61.0m60.6m66.1m74.2m

Long-term debt

59.6m59.6m59.6m

Total Debt

4.4m4.7m18.5m23.1m78.8m78.9m80.9m27.1m26.2m

Total Liabilities

20.7m19.5m18.5m18.4m18.9m24.4m27.5m27.4m23.8m293.2m296.6m304.0m312.8m310.5m345.6m349.0m349.0m355.3m392.2m

Common Stock

33.0k33.0k34.0k34.0k34.0k35.0k41.0k41.0k41.0k41.0k42.0k42.0k42.0k42.0k43.0k43.0k43.0k44.0k44.0k

Additional Paid-in Capital

173.4m174.7m177.8m179.4m181.2m185.4m278.9m281.8m288.3m289.9m294.1m304.4m307.6m312.1m318.5m321.9m327.8m337.2m341.8m

Retained Earnings

(96.5m)(96.4m)(96.1m)(95.4m)(94.5m)(94.8m)(95.5m)(95.1m)(99.9m)(106.5m)(120.4m)(162.4m)(169.7m)(184.1m)(211.9m)(226.8m)(240.1m)(271.2m)(295.9m)

Total Equity

76.7m77.8m81.1m83.1m85.9m89.8m182.7m186.3m188.1m183.1m172.8m139.8m136.2m126.2m105.0m90.3m82.9m60.5m41.2m

Financial Leverage

1.3 x1.3 x1.2 x1.2 x1.2 x1.3 x1.2 x1.1 x1.1 x2.6 x2.7 x3.2 x3.3 x3.5 x4.3 x4.9 x5.2 x6.9 x10.5 x

Spectranetics Cash Flow

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

894.0k2.2m(370.0k)(40.9m)(59.5m)(58.1m)

Depreciation and Amortization

10.0m9.9m10.6m16.8m26.6m27.4m

Accounts Receivable

(2.6m)(1.8m)(6.5m)(6.4m)(2.7m)(398.0k)

Inventories

(929.0k)(884.0k)(359.0k)(3.0m)497.0k(3.7m)

Accounts Payable

6.3m4.4m3.3m13.7m7.8m

Cash From Operating Activities

6.7m5.2m4.2m(20.4m)(59.5m)(24.4m)

Purchases of PP&E

(2.7m)(3.1m)(4.6m)(6.7m)(5.4m)

Capital Expenditures

(9.5m)

Cash From Investing Activities

1.7m(10.8m)(11.1m)(240.7m)(39.5m)(5.4m)

Cash From Financing Activities

1.9m3.8m97.3m228.2m88.2m2.4m

Net Change in Cash

10.3m(1.9m)90.6m(32.9m)(27.4m)

Interest Paid

289.0k46.0k41.0k3.0m6.5m12.1m

Income Taxes Paid

142.0k135.0k357.0k787.0k327.0k445.0k

Free Cash Flow

(49.9m)

Spectranetics Ratios

USDQ2, 2011

Financial Leverage

1.3 x

Spectranetics Employee Rating

3.289 votes
Culture & Values
3.4
Work/Life Balance
3.3
Senior Management
3
Salary & Benefits
3.5
Career Opportunities
3
Source