Faro Technologies (FARO) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
342.4M
Gross Profit
187.2M
54.65%
Operating Income
6.5M
1.90%
Net Income
-9.1M
-2.65%
Balance Sheet Metrics
Total Assets
483.0M
Total Liabilities
233.4M
Shareholders Equity
249.6M
Debt to Equity
0.94
Cash Flow Metrics
Operating Cash Flow
22.9M
Free Cash Flow
17.4M
Revenue & Profitability Trend
Faro Technologies Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 342.4M | 358.8M | 345.8M | 337.8M | 303.8M |
| Cost of Goods Sold | 155.3M | 193.8M | 170.0M | 153.9M | 143.9M |
| Gross Profit | 187.2M | 165.0M | 175.8M | 183.9M | 159.8M |
| Operating Expenses | 180.6M | 199.1M | 196.1M | 185.0M | 174.7M |
| Operating Income | 6.5M | -34.1M | -20.3M | -1.1M | -14.9M |
| Pre-tax Income | -934.0K | -54.1M | -21.7M | -8.6M | -30.8M |
| Income Tax | 8.1M | 2.5M | 5.1M | 31.4M | -31.4M |
| Net Income | -9.1M | -56.6M | -26.8M | -40.0M | 629.0K |
| EPS (Diluted) | - | -$2.99 | -$1.46 | -$2.20 | $0.04 |
Income Statement Trend
Faro Technologies Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 248.2M | 261.6M | 219.4M | 273.4M | 323.9M |
| Non-Current Assets | 234.8M | 243.1M | 254.0M | 206.3M | 201.7M |
| Total Assets | 483.0M | 504.7M | 473.3M | 479.7M | 525.6M |
| Liabilities | |||||
| Current Liabilities | 112.9M | 113.3M | 106.2M | 98.9M | 107.9M |
| Non-Current Liabilities | 120.5M | 122.8M | 56.1M | 54.4M | 57.3M |
| Total Liabilities | 233.4M | 236.1M | 162.3M | 153.3M | 165.3M |
| Equity | |||||
| Total Shareholders Equity | 249.6M | 268.6M | 311.0M | 326.5M | 360.3M |
Balance Sheet Composition
Faro Technologies Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -9.1M | -56.6M | -26.8M | -40.0M | 629.0K |
| Operating Cash Flow | 22.9M | -17.2M | -3.6M | -23.0M | 18.7M |
| Investing Activities | |||||
| Capital Expenditures | -5.8M | -6.8M | -6.4M | -7.0M | -4.8M |
| Investing Cash Flow | 4.2M | -26.3M | -39.3M | -40.8M | 15.2M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | -12.9M | 71.3M | -997.0K | -4.3M | -3.7M |
| Free Cash Flow | 17.4M | -12.9M | -41.8M | -25.4M | 15.3M |
Cash Flow Trend
Faro Technologies Key Financial Ratios
Valuation Ratios
Forward P/E
43.50
Price to Book
3.25
Price to Sales
2.49
PEG Ratio
43.50
Profitability Ratios
Profit Margin
-0.26%
Operating Margin
4.75%
Return on Equity
-0.34%
Return on Assets
2.00%
Financial Health
Current Ratio
2.31
Debt to Equity
35.44
Beta
1.64
Per Share Data
EPS (TTM)
-$0.04
Book Value per Share
$13.53
Revenue per Share
$17.81
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| faro | 848.8M | - | 3.25 | -0.34% | -0.26% | 35.44 |
| Garmin | 41.6B | 28.41 | 5.09 | 19.04% | 22.76% | 2.18 |
| Keysight | 28.2B | 38.42 | 5.13 | 14.30% | 14.53% | 50.48 |
| Ituran Location and | 782.8M | 14.21 | 4.11 | 30.71% | 16.35% | 2.74 |
| Mesa Laboratories | 471.5M | 546.59 | 2.95 | -1.29% | -0.82% | 121.29 |
| Vishay Precision | 378.0M | 123.96 | 1.16 | 0.93% | 1.04% | 16.84 |
Financial data is updated regularly. All figures are in the company's reporting currency.