Laser Photonics Corp Financials
This page shows Laser Photonics Corp (LASE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Laser Photonics Corp has an operating margin of -191.9%, meaning the company retains $-192 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -85.0% the prior year.
Laser Photonics Corp's revenue declined 14.5% year-over-year, from $3.9M to $3.4M. This contraction results in a growth score of 0/100.
Laser Photonics Corp carries a low D/E ratio of 0.68, meaning only $0.68 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 86/100, indicating a strong balance sheet with room for future borrowing.
Laser Photonics Corp's current ratio of 1.81 indicates adequate short-term liquidity, earning a score of 53/100. The company can meet its near-term obligations, though with limited headroom.
Laser Photonics Corp passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Laser Photonics Corp generates $3.63 in operating cash flow (-$9.1M OCF vs -$2.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Laser Photonics Corp generated $3.4M in revenue in fiscal year 2024. This represents a decrease of 14.5% from the prior year.
Laser Photonics Corp's EBITDA was -$5.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 157.3% from the prior year.
Laser Photonics Corp reported -$2.5M in net income in fiscal year 2024. This represents an increase of 24.1% from the prior year.
Laser Photonics Corp earned $-0.22 per diluted share (EPS) in fiscal year 2024. This represents an increase of 40.5% from the prior year.
Laser Photonics Corp held $534K in cash against $0 in long-term debt as of fiscal year 2024.
Laser Photonics Corp had 14M shares outstanding in fiscal year 2024. This represents an increase of 54.5% from the prior year.
Laser Photonics Corp's gross margin was 44.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 29.6 percentage points from the prior year.
Laser Photonics Corp's operating margin was -191.9% in fiscal year 2024, reflecting core business profitability. This is down 106.9 percentage points from the prior year.
Laser Photonics Corp's net profit margin was -74.8% in fiscal year 2024, showing the share of revenue converted to profit. This is up 9.4 percentage points from the prior year.
Laser Photonics Corp invested $262K in research and development in fiscal year 2024. This represents an increase of 29.5% from the prior year.
LASE Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $919K-64.6% | $2.6M+13.5% | $2.3M+78.3% | $1.3M+106.0% | $623K-16.1% | $743K+71.3% | $434K-66.7% | $1.3M |
| Cost of Revenue | $1.1M-8.7% | $1.2M+5.1% | $1.2M-1.0% | $1.2M+277.1% | $308K-13.7% | $357K+131.0% | $155K-53.6% | $333K |
| Gross Profit | -$185K-113.3% | $1.4M+22.0% | $1.1M+568.9% | $170K-46.0% | $315K-18.3% | $386K-54.1% | $840K-13.4% | $970K |
| R&D Expenses | $132K+0.6% | $131K+12.5% | $117K+28.0% | $91K+51.4% | $60K+26.3% | $48K+2.8% | $46K-38.5% | $75K |
| SG&A Expenses | $1.5M+119.6% | $697K-22.5% | $900K-4.8% | $945K+116.9% | $436K+22.3% | $356K-34.7% | $545K-10.4% | $609K |
| Operating Income | -$3.2M-234.2% | -$963K+38.8% | -$1.6M+52.0% | -$3.3M-251.8% | -$932K-69.8% | -$548K+37.6% | -$879K+1.3% | -$891K |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0 |
| Net Income | -$4.7M-162.5% | -$1.8M-5.5% | -$1.7M-386.6% | $586K+162.8% | -$934K-71.2% | -$546K-12.2% | -$487K+45.6% | -$895K |
| EPS (Diluted) | $-0.27-125.0% | $-0.120.0% | $-0.12-300.0% | $0.06+166.7% | $-0.09-50.0% | $-0.06-100.0% | $-0.03+72.7% | $-0.11 |
LASE Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $17.5M+16.9% | $14.9M-6.8% | $16.0M-6.5% | $17.2M+54.8% | $11.1M-18.4% | $13.6M-10.2% | $15.1M-9.9% | $16.8M |
| Current Assets | $6.8M+103.5% | $3.3M-16.3% | $4.0M-14.3% | $4.7M-18.2% | $5.7M-27.8% | $7.9M-15.0% | $9.3M-26.5% | $12.6M |
| Cash & Equivalents | $3.6M+4515.9% | $79K-56.2% | $179K-66.5% | $534K-80.6% | $2.7M-46.9% | $5.2M-16.6% | $6.2M-25.4% | $8.3M |
| Inventory | $2.1M+45.3% | $1.5M-26.2% | $2.0M-14.4% | $2.3M+11.1% | $2.1M-2.8% | $2.2M-3.1% | $2.2M-14.3% | $2.6M |
| Accounts Receivable | $385K-56.1% | $878K | N/A | $974K+118.3% | $446K+0.6% | $443K-45.7% | $816K-50.7% | $1.7M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $13.4M+26.0% | $10.6M+15.4% | $9.2M+32.4% | $6.9M+770.8% | $797K-51.3% | $1.6M+36.9% | $1.2M+45.4% | $822K |
| Current Liabilities | $9.2M+44.3% | $6.3M+30.1% | $4.9M+89.3% | $2.6M+315.1% | $620K-57.9% | $1.5M+42.7% | $1.0M+76.2% | $586K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $4.1M-5.5% | $4.3M-36.7% | $6.8M-32.9% | $10.2M-0.7% | $10.3M-17.0% | $12.4M-11.0% | $13.9M-2.1% | $14.2M |
| Retained Earnings | -$15.9M-41.5% | -$11.2M-18.8% | -$9.4M-21.7% | -$7.8M-15.5% | -$6.7M-7.8% | -$6.2M-19.0% | -$5.2M-62.2% | -$3.2M |
LASE Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $763K+173.7% | -$1.0M+10.5% | -$1.2M+82.2% | -$6.5M-173.0% | -$2.4M-175.6% | -$866K+56.6% | -$2.0M-43.9% | -$1.4M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | -$48K | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | -$2.0M | N/A |
| Investing Cash Flow | $0 | $0+100.0% | -$23K+96.7% | -$689K-1714.0% | -$38K+76.5% | -$162K-1.6% | -$159K-37.6% | -$116K |
| Financing Cash Flow | $2.8M+197.7% | $935K+13.3% | $825K-85.3% | $5.6M | $0 | $0-100.0% | $46K+104.1% | -$1.1M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
LASE Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | -20.1%-73.6pp | 53.5%+3.7pp | 49.8%+36.5pp | 13.3%-37.3pp | 50.6%-1.3pp | 51.9% | N/A | 74.4% |
| Operating Margin | -350.0%-312.9pp | -37.0%+31.6pp | -68.7%+186.5pp | -255.1%-105.7pp | -149.4%-75.6pp | -73.8%+128.9pp | -202.8%-134.4pp | -68.4% |
| Net Margin | -506.4%-438.2pp | -68.3%+5.1pp | -73.4%-119.0pp | 45.6%+195.5pp | -149.9%-76.4pp | -73.5%+38.7pp | -112.2%-43.5pp | -68.7% |
| Return on Equity | N/A | N/A | N/A | 5.7% | N/A | N/A | N/A | N/A |
| Return on Assets | -26.7%-14.8pp | -11.9%-1.4pp | -10.5%-13.9pp | 3.4%+11.8pp | -8.4%-4.4pp | -4.0%-0.8pp | -3.2%+2.1pp | -5.3% |
| Current Ratio | 0.74+0.2 | 0.53-0.3 | 0.82-1.0 | 1.81-7.4 | 9.20+3.8 | 5.36-3.6 | 9.01-12.6 | 21.59 |
| Debt-to-Equity | 3.26+0.8 | 2.44+1.1 | 1.34+0.7 | 0.68+0.6 | 0.08-0.1 | 0.13+0.0 | 0.09+0.0 | 0.06 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | -471.3% | N/A |
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Frequently Asked Questions
What is Laser Photonics Corp's annual revenue?
Laser Photonics Corp (LASE) reported $3.4M in total revenue for fiscal year 2024. This represents a -14.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Laser Photonics Corp's revenue growing?
Laser Photonics Corp (LASE) revenue declined by 14.5% year-over-year, from $3.9M to $3.4M in fiscal year 2024.
Is Laser Photonics Corp profitable?
No, Laser Photonics Corp (LASE) reported a net income of -$2.5M in fiscal year 2024, with a net profit margin of -74.8%.
What is Laser Photonics Corp's earnings per share (EPS)?
Laser Photonics Corp (LASE) reported diluted earnings per share of $-0.22 for fiscal year 2024. This represents a 40.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Laser Photonics Corp's EBITDA?
Laser Photonics Corp (LASE) had EBITDA of -$5.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Laser Photonics Corp's gross margin?
Laser Photonics Corp (LASE) had a gross margin of 44.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Laser Photonics Corp's operating margin?
Laser Photonics Corp (LASE) had an operating margin of -191.9% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Laser Photonics Corp's net profit margin?
Laser Photonics Corp (LASE) had a net profit margin of -74.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Laser Photonics Corp's operating cash flow?
Laser Photonics Corp (LASE) generated -$9.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Laser Photonics Corp's total assets?
Laser Photonics Corp (LASE) had $17.2M in total assets as of fiscal year 2024, including both current and long-term assets.
How much does Laser Photonics Corp spend on research and development?
Laser Photonics Corp (LASE) invested $262K in research and development during fiscal year 2024.
How many shares does Laser Photonics Corp have outstanding?
Laser Photonics Corp (LASE) had 14M shares outstanding as of fiscal year 2024.
What is Laser Photonics Corp's current ratio?
Laser Photonics Corp (LASE) had a current ratio of 1.81 as of fiscal year 2024, which is generally considered healthy.
What is Laser Photonics Corp's debt-to-equity ratio?
Laser Photonics Corp (LASE) had a debt-to-equity ratio of 0.68 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Laser Photonics Corp's return on assets (ROA)?
Laser Photonics Corp (LASE) had a return on assets of -14.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Laser Photonics Corp's cash runway?
Based on fiscal year 2024 data, Laser Photonics Corp (LASE) had $534K in cash against an annual operating cash burn of $9.1M. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Laser Photonics Corp's Piotroski F-Score?
Laser Photonics Corp (LASE) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Laser Photonics Corp's earnings high quality?
Laser Photonics Corp (LASE) has an earnings quality ratio of 3.63x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Laser Photonics Corp?
Laser Photonics Corp (LASE) scores 35 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.