Venus Concept Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 1.73
Dividend & YieldN/A$ (N/A)
Beta 1.11
Market capitalization 16.76M
Operating cash flow -23.97M
ESG Scores unknown

Company description

Venus Concept Inc., a medical technology company, develops, commercializes, and delivers minimally invasive and non-invasive medical aesthetic and hair restoration technologies, and related services in the United States and internationally. Its product portfolio includes aesthetic device platforms, including Venus Legacy, a noninvasive device used in dermatological and general surgical procedures for females; Venus Versa, a multi-application device used in aesthetic and cosmetic procedures; and Venus Viva, an advanced, portable, and fractional RF system for dermatological procedures requiring ablation and resurfacing of the skin. The company also offers Venus Fiore, a device that delivers non-thermal RF with massage and magnetic field pulses to treat various medical conditions; Venus Bliss, a device for non-invasive lipolysis of the abdomen and flanks in individuals with a body mass index of 30 or less; Venus Glow, a dermabrasion device used to improve skin appearance; and NeoGraft, an advanced hair restoration technology with an automated FUE and implantation system. In addition, it provides Venus Velocity and Venus Epileve for hair removal, permanent hair reduction, and treatment of pseudofolliculitis barbae; and ARTAS iX, a robotic system to assist physicians in identifying and extracting hair follicles units from the scalp during hair transplantation, creating recipient sites, and implanting the harvested hair follicles. The company is headquartered in Toronto, Canada.

Sector: Healthcare - Industry: Medical Devices

Financial Ratios
Quick Ratio2.77
Working Capital-0.3
Return On Equity-0.56
Debt To Equity1.75
Fixed Asset Ratio0.13
Fixed Interest Cover-3.54

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 5.1M -5.95M -4.87M -1.1M
Total Cashflows From Investing Activities -8.66M 6.38M -2.39M -552k
Net Borrowings 19.85M 48.99M 2.65M -738k
Total Cash From Financing Activities 26.5M 42.2M 49.67M 16.82M
Change To Operating Activities 4.43M 7.77M -1.92M 658k
Issuance Of Stock 208k 355k 38.86M 18.26M
Net Income -14.96M -40.62M -81.71M -23.01M
Change In Cash -13.44M 8.99M 18.63M -3.5M
Effect Of Exchange Rate 2.38M
Total Cash From Operating Activities -33.65M -39.59M -28.65M -19.77M
Depreciation 1.34M 2.04M 4.8M 4.85M
Change To Account Receivables -38.16M -21.09M 93k -869k
Other Cashflows From Financing Activities -477k -7.14M 100k -699k
Change To Netincome 14.81M 11.82M 55.97M 3.54M
Capital Expenditures -1.16M -1.12M -291k -512k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 7.05M 8.03M 7.75M 8.26M
Income Before Tax -11.99M -40.44M -81.64M -22.85M
Net Income -14.96M -40.62M -81.71M -23.01M
Selling General Administrative 64.75M 98.9M 74.11M 83.38M
Gross Profit 79.36M 76.65M 51.39M 74.09M
Ebit 4.93M -30.28M -30.48M -17.54M
Operating Income 4.93M -30.28M -30.48M -17.54M
Interest Expense -5.36M -7.85M -8.34M -4.96M
Income Tax Expense 2.21M 1.86M 1.18M -707k
Total Revenue 102.61M 110.41M 78.01M 105.62M
Cost Of Revenue 23.26M 33.75M 26.62M 31.53M
Total Other Income ExpenseNet -16.93M -10.16M -51.16M -5.31M
Net Income From Continuing Ops -14.21M -42.3M -82.82M -22.14M
Net Income Applicable To Common Shares -14.96M -40.62M -85.27M -23.01M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 88.67M 114.45M 116.76M 112.27M
Total Stockholder Equity 32.43M 74.18M 44.23M 40.94M
Other Current Liabilities 4.91M 9.86M 5.94M 6.25M
Total Assets 125.13M 191.13M 160.53M 153.87M
Common Stock 5k 24k 26k 27k
Other Current Assets 2.81M 1.99M 4.75M 3.19M
Retained Earnings -35.07M -75.69M -157.39M -180.41M
Treasury Stock
Cash 6.74M 15.67M 34.3M 30.88M
Total Current Liabilities 30.07M 48.17M 32.52M 31.21M
Other Stockholder Equity
Property, Plant, and Equipment 3.38M 4.65M 3.54M 2.67M
Total Current Assets 74.61M 99.7M 115.4M 106.99M
Net Tangible Assets 24.58M 24.39M 25.37M 25.55M
Net Receivables 43.65M 60.68M 56.35M 49.65M
Accounts Payable 8.62M 9.4M 6.32M 4.91M


Insider Transactions

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

Filer Name Transaction Text Ownership Date Filer Relation Shares
NATALE ANTHONYSale at price 0.20 - 0.33 per share.I2022-11-25Director154.28k
PORTARO ROSS JPurchase at price 0.22 per share.D2022-11-21Officer60k
VARGHESE HEMANTH JACOBPurchase at price 0.20 per share.D2022-11-18President250k
HOLLMIG STANLEY TYLER M.D.Purchase at price 0.20 per share.D2022-11-18Director250k
DELLA PENNA DOMENICPurchase at price 0.58 - 0.60 per share.D2022-09-16Chief Financial Officer60k
GEORGIADIS ANNAPurchase at price 0.71 per share.I2022-09-12Officer12.78k
SERAFINO DOMENICPurchase at price 0.33 - 0.34 per share.D2022-08-31Chief Executive Officer75k
HOLLMIG STANLEY TYLER M.D.Purchase at price 0.64 per share.D2022-05-24Director40k
SERAFINO DOMENICPurchase at price 0.75 per share.D2022-05-20Chief Executive Officer65k
PORTARO ROSS JPurchase at price 0.85 per share.D2022-05-17Officer10k
PORTARO ROSS JPurchase at price 1.35 per share.D2021-12-16Officer20k
BARRY RICHARD SCOTTPurchase at price 1.25 per share.I2021-12-15Director and Beneficial Owner of more than 10% of a Class of Security3.92M
KONG GARHENGPurchase at price 1.25 per share.I2021-12-15Director and Beneficial Owner of more than 10% of a Class of Security1.6M
SULLIVAN KEITH JPurchase at price 1.25 per share.I2021-12-15Director80k
EW HEALTHCARE PARTNERS, L.P.Purchase at price 1.25 per share.D/I2021-12-15Beneficial Owner of more than 10% of a Class of Security3.92M
HEALTHQUEST PARTNERS II, L.P.Purchase at price 1.25 per share.D2021-12-15Beneficial Owner of more than 10% of a Class of Security1.6M
PORTARO ROSS JPurchase at price 1.35 per share.D2021-12-03Officer30k
SERAFINO DOMENICPurchase at price 1.32 per share.D2021-12-01Chief Executive Officer37.5k
SERAFINO DOMENICPurchase at price 1.48 per share.D2021-11-19Chief Executive Officer17k
SERAFINO DOMENICPurchase at price 1.60 per share.D2021-11-17Chief Executive Officer15.5k
IGER YONIPurchase at price 1.94 per share.D2021-08-18Officer5.18k
SEDCO CAPITAL CAYMAN LTDSale at price 3.25 per share.I2021-07-12Beneficial Owner of more than 10% of a Class of Security50k
SEDCO CAPITAL CAYMAN LTDSale at price 3.24 - 3.32 per share.I2021-07-09Beneficial Owner of more than 10% of a Class of Security57.93k
SEDCO CAPITAL CAYMAN LTDSale at price 3.20 - 3.22 per share.I2021-07-08Beneficial Owner of more than 10% of a Class of Security100k
SEDCO CAPITAL CAYMAN LTDSale at price 3.20 per share.I2021-07-02Beneficial Owner of more than 10% of a Class of Security46.3k
SEDCO CAPITAL CAYMAN LTDSale at price 3.20 per share.I2021-06-28Beneficial Owner of more than 10% of a Class of Security16.65k
DELLA PENNA DOMENICPurchase at price 2.39 - 2.43 per share.D2021-06-15Chief Financial Officer40k
SERAFINO DOMENICPurchase at price 2.46 per share.D2021-06-14Chief Executive Officer40k
ZARING CHAD APurchase at price 2.09 per share.D2021-06-01Officer40k

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 Venus Concept 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 Venus Concept Inc

Here is the result of two systematic investment strategies applied to Venus Concept 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 Venus Concept Inc

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

Venus Concept Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -34.42% on the backtest period.

Performance at glance

Performance

-34.42 %

Latent gain

-771.51 $

Invested capital

2241.33 $

Annualized return

-8.31 %
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Momentum strategy results on Venus Concept Inc

This is the result of two momentum investment strategies applied to Venus Concept 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 Venus Concept Inc

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

Venus Concept Inc momentum entries
  • The first momentum investment strategy would give -30.91% of return on Venus Concept Inc. That represents -1472.55$ of latent gain with 4763.27$ of employed capital.
  • The second momentum investment strategy would give -25.97% of return on Venus Concept Inc. That represents -1230.46$ of latent gain with 4738.64$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-30.91 %

Latent gain

-1472.55 $

Invested capital

4763.27 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

-25.97 %

Latent gain

-1230.46 $

Invested capital

4738.64 $

Annualized return

-7.1 %

Momentum equity curve on Venus Concept Inc

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

Venus Concept Inc momentum equity

Note: the dividends potentially given by Venus Concept 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 Venus Concept Inc

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

Venus Concept 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 Venus Concept Inc

Buy the dip entry openings on Venus Concept Inc

Venus Concept Inc

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

Note: The blue line represents the weekly stock price of Venus Concept 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 Venus Concept Inc

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

Venus Concept Inc

Note: the dividends potentially given by Venus Concept 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 Venus Concept Inc

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

Venus Concept 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 Venus Concept Inc

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

Equity curve comparison on Venus Concept Inc

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

Venus Concept Inc investment strategy comparison

Employed capital comparison on Venus Concept Inc

Venus Concept Inc investment comparison

Performance comparison on Venus Concept Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -34.42% -771.51$ 2241.33$ -8.31%
Momentum 1 quarter -30.91% -1472.55$ 4763.27$ -7.93%
Momentum 2 quarters -25.97% -1230.46$ 4738.64$ -7.1%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

-8.31 %

Momentum 1Q

-7.1 %

Momentum 2Q

-7.1 %

Non-directional

0.0 %

Correlated stocks

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

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


Company information

Company name Venus Concept Inc
Country Canada
City Toronto
Address 235 Yorkland Boulevard
Phone
Website www.venusconcept.com
FullTime employees 407
Industry Medical Devices
Sector Healthcare
Exchange XNAS
Ticker VERO
Market www.nasdaq.com

Venus Concept 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