RxSight Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 1.50
Dividend & YieldN/A$ (N/A)
Beta N/A
Market capitalization 333.21M
Operating cash flow -53.72M
ESG Scores unknown

Company description

RxSight, Inc., a medical technology company, engages in the research and development, manufacture, and sale of light adjustable intraocular lenses (LAL) used in cataract surgery in the United States and internationally. It offers RxSight system that enables doctors to customize and enhance the visual acuity for patients after cataract surgery. The company's RxSight system includes RxSight light delivery device, an office-based light treatment device that delivers UV light in a programmed pattern to modify the LAL based on the visual correction needed to achieve desired vision after cataract surgery. It primarily serves cataract doctors. The company was formerly known as Calhoun Vision, Inc. and changed its name to RxSight, Inc. in February 2017. RxSight, Inc. was incorporated in 1997 and is headquartered in Aliso Viejo, California.

Sector: Healthcare - Industry: Medical Devices

Financial Ratios
Quick Ratio15.19
Working Capital-0.29
Return On Equity-0.35
Debt To Equity0.29
Fixed Asset Ratio0.98
Fixed Interest Cover-14.34

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 1.13M -954k 555k
Total Cashflows From Investing Activities -5.87M 15.59M -81.91M
Net Borrowings -185k 24.86M 14.97M
Total Cash From Financing Activities 1.33M 25.24M 137.34M
Change To Operating Activities 1.16M -3.51M 874k
Issuance Of Stock 1.59M 1.04M 121.71M
Net Income 126.22M 27.57M -48.69M
Change In Cash -45.15M 5.62M 10.72M
Effect Of Exchange Rate 5k -10k -10k
Total Cash From Operating Activities -40.62M -35.2M -44.71M
Depreciation 3.93M 4.01M 3.99M
Change To Account Receivables -789k -2.08M -2M
Other Cashflows From Financing Activities -76k -687k -132k
Change To Netincome -166.8M -59.03M 2.18M
Capital Expenditures -4.09M -2.54M -1.94M

Income Statement 2019-12-31 2020-12-31 2021-12-31
Research Development 29.57M 21.75M 24.2M
Income Before Tax 126.24M 27.63M -48.68M
Net Income 126.22M 27.57M -48.69M
Selling General Administrative 15.21M 15.36M 33.1M
Gross Profit -1.82M 1.71M 4.52M
Ebit -46.59M -35.41M -52.79M
Operating Income -46.59M -35.41M -52.79M
Interest Expense -26k -510k -3.68M
Income Tax Expense 24k 57k 8k
Total Revenue 2.24M 14.68M 22.59M
Cost Of Revenue 4.06M 12.97M 18.08M
Total Other Income ExpenseNet 172.84M 63.04M 4.11M
Net Income From Continuing Ops 126.22M 27.57M -48.69M
Net Income Applicable To Common Shares 26.13M 3.37M -48.69M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 202.66M 177.97M 54.48M
Total Stockholder Equity -419.81M -430.59M 138.24M
Other Current Liabilities 841k 6.25M 1.62M
Total Assets 110.43M 100.68M 192.72M
Common Stock 27k
Other Current Assets
Retained Earnings -419.86M -430.59M -479.28M
Treasury Stock 46k -3k -20k
Cash 7.96M 13.99M 24.36M
Total Current Liabilities 8.46M 11.6M 11.08M
Other Stockholder Equity 46k -3k -20k
Property, Plant, and Equipment 19.25M 18.61M 15.5M
Total Current Assets 90.2M 81.5M 176.29M
Net Tangible Assets -419.81M -430.59M 138.24M
Net Receivables 789k 2.87M 4.86M
Accounts Payable 2.2M 1.13M 1.69M


Insider Transactions

Here are the insider transactions of stock shares related to RxSight Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
PALMISANO ROBERT JStock Award(Grant) at price 0.00 per share.D2022-06-02Director8.62k
ANDREWS JULIEStock Award(Grant) at price 0.00 per share.D2022-06-02Director8.62k
TAMMENOMS BAKKER JULIETStock Award(Grant) at price 0.00 per share.D2022-06-02Director10.35k
LINK WILLIAM JStock Award(Grant) at price 0.00 per share.D2022-06-02Director10.35k
MANIAR SHWETA SINGHStock Award(Grant) at price 0.00 per share.D2022-06-02Director4.31k
CORLEY JESSE ANDERSONStock Award(Grant) at price 0.00 per share.D2022-06-02Director10.35k
WARNER ROBERT KEITHStock Award(Grant) at price 0.00 per share.D2022-06-02Director8.62k
MANIAR SHWETA SINGHStock Award(Grant) at price 0.00 per share.D2022-01-03Director19.2k
CORLEY JESSE ANDERSONPurchase at price 12.48 per share.D2021-11-17Director8.15k
WEINBERG ERICPurchase at price 14.90 - 17.04 per share.I2021-08-05Officer925
KURTZ RONALD MPurchase at price 13.85 - 16.00 per share.D/I2021-08-05Chief Executive Officer128.64k
GOLDSHLEGER ILYAPurchase at price 13.69 - 14.49 per share.D/I2021-08-05Chief Operating Officer2.37k
PALMISANO ROBERT JStock Award(Grant) at price 0.00 per share.D2021-08-03Director13.38k
WEINBERG ERICPurchase at price 16.00 per share.D2021-08-03Officer31.25k
ANDREWS JULIEStock Award(Grant) at price 0.00 per share.D2021-08-03Director13.38k
ANDREWS JULIEPurchase at price 16.00 per share.D2021-08-03Director15.62k
TAMMENOMS BAKKER JULIETPurchase at price 16.00 per share.D/I2021-08-03Director637.5k
TAMMENOMS BAKKER JULIETI2021-08-03Director1.86M
LINK WILLIAM JPurchase at price 16.00 per share.D2021-08-03Director and Beneficial Owner of more than 10% of a Class of Security31.25k
LINK WILLIAM JI2021-08-03Director and Beneficial Owner of more than 10% of a Class of Security2.02M
ROBERTSON BRUCE CI2021-08-03Director1.39M
WOLFEN RICHARD MD/I2021-08-03Director1.57M
CORLEY JESSE ANDERSONPurchase at price 16.00 per share.I2021-08-03Director78.12k
WARNER ROBERT KEITHStock Award(Grant) at price 0.00 per share.D2021-08-03Director13.38k
WARNER ROBERT KEITHPurchase at price 16.00 per share.I2021-08-03Director43.75k
RXSIGHT I, L.L.C.D2021-08-03Beneficial Owner of more than 10% of a Class of Security2.02M
SCHWARTZ DANIEL MARKD2021-08-03Director3.97k
TAMMENOMS BAKKER JULIETStock Award(Grant) at price 0.00 per share.D2021-07-30Director5.86k
LINK WILLIAM JStock Award(Grant) at price 0.00 per share.D2021-07-30Director5.86k
CORLEY JESSE ANDERSONStock Award(Grant) at price 0.00 per share.D2021-07-30Director5.86k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to RxSight Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on RxSight Inc

Here is the result of two systematic investment strategies applied to RxSight Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on RxSight Inc

The following chart shows the equity curve of the two systematic investment strategies applied to RxSight Inc:

RxSight Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 0% on the backtest period.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %
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Momentum strategy results on RxSight Inc

This is the result of two momentum investment strategies applied to RxSight Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on RxSight Inc

The following chart shows all the entries opened by the momentum investment system on RxSight Inc:

RxSight Inc momentum entries
  • The first momentum investment strategy would give 0% of return on RxSight Inc. That represents 0.0$ of latent gain with 0.0$ of employed capital.
  • The second momentum investment strategy would give 0% of return on RxSight Inc. That represents 0.0$ of latent gain with 0.0$ of employed capital.
Performance at glance (1Q Momentum)

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

-0.0 %

Momentum equity curve on RxSight Inc

The following chart shows the equity curve of the two momentum strategies applied to RxSight Inc:

RxSight Inc momentum equity

Note: the dividends potentially given by RxSight Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on RxSight Inc

The following chart shows the employed capital evolution of the two momentum strategies on RxSight Inc since the beginning:

RxSight Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on RxSight Inc

Buy the dip entry openings on RxSight Inc

RxSight Inc

The performance achieved by the robo-advisor on RxSight Inc is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows RxSight Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of RxSight Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

-0.0 %

Equity curve of the strategy applied to RxSight Inc

The following chart shows the result of the investment strategy applied to RxSight Inc:

RxSight Inc

Note: the dividends potentially given by RxSight Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on RxSight Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on RxSight Inc:

RxSight Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on RxSight Inc

In this section, I will compare the three previous investment strategies applied to RxSight Inc.

Equity curve comparison on RxSight Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

RxSight Inc investment strategy comparison

Employed capital comparison on RxSight Inc

RxSight Inc investment comparison

Performance comparison on RxSight Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 0% 0.0$ 0.0$ 0.0%
Momentum 1 quarter 0% 0.0$ 0.0$ -0.0%
Momentum 2 quarters 0% 0.0$ 0.0$ -0.0%
Non-directional 0% 0.0$ 0.0$ -0.0%
Annualized return comparison

Automatic investment

0.0 %

Momentum 1Q

-0.0 %

Momentum 2Q

-0.0 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with RxSight Inc:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between RxSight Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of RxSight Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name RxSight Inc
Country United States
City Aliso Viejo
Address 100 Columbia
Phone 949 521 7830
Website www.rxsight.com
FullTime employees 221
Industry Medical Devices
Sector Healthcare
Exchange XNAS
Ticker RXST
Market www.nasdaq.com

RxSight Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown