Venus Concept Inc.

EDGAR

Annual consolidated revenue for 2024: about USD 64.83M, using the latest reported figures. The previous period, 2023, was about USD 76.35M.

Watchlist

Latest quarter

Revenue

13.8 million USD

2025 Q3 · USD

Exact inputs and evidence

Operating margin

-68.93%

2025 Q3 · %

Exact inputs and evidence
  • Operating Income: -9496000 USD Source
  • Revenue: 13776000 USD Source

Operating cash flow

-4.89 million USD

2025 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: -16648000 USD Source
  • Operating Cash Flow: -11758000 USD Source

Free cash flow

-4.91 million USD

2025 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: -16648000 USD Source
  • Operating Cash Flow: -11758000 USD Source
  • Capital Expenditure: 214000 USD Source
  • Capital Expenditure: 197000 USD Source
Cash and cash equivalents
4.31 million USD Source
Exact value

4312000 USD

Long-term debt including current maturities
34.7 million USD Source
Exact value

34687000 USD

Shares outstanding
1.86 million shares Source
Exact value

1859123 shares

Reported share-count change

-74.38% · -5.4 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 7255277 shares · 2024-09-30· Source
  • 1859123 shares · 2025-09-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

58.9 million USD

2024-10-01 – 2025-09-30

Exact inputs and evidence
  • Revenue: 64833000 USD · 2024-01-01 – 2024-12-31 Source
  • Revenue: 49068000 USD · 2024-01-01 – 2024-09-30 Source
  • Revenue: 13643000 USD · 2025-01-01 – 2025-03-31 Source
  • Revenue: 15692000 USD · 2025-04-01 – 2025-06-30 Source
  • Revenue: 13776000 USD · 2025-07-01 – 2025-09-30 Source

Operating cash flow

-20.5 million USD

2024-10-01 – 2025-09-30

Exact inputs and evidence
  • Operating cash flow: -11066000 USD · 2024-01-01 – 2024-12-31 Source
  • Operating cash flow: -7259000 USD · 2024-01-01 – 2024-09-30 Source
  • Operating cash flow: -6310000 USD · 2025-01-01 – 2025-03-31 Source
  • Operating cash flow: -11758000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: -6310000 USD · 2025-01-01 – 2025-03-31 Source
  • Operating cash flow: -16648000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -11758000 USD · 2025-01-01 – 2025-06-30 Source

Capital expenditure

294 thousand USD

2024-10-01 – 2025-09-30

Exact inputs and evidence
  • Capital expenditure: 123000 USD · 2024-01-01 – 2024-12-31 Source
  • Capital expenditure: 43000 USD · 2024-01-01 – 2024-09-30 Source
  • Capital expenditure: 35000 USD · 2025-01-01 – 2025-03-31 Source
  • Capital expenditure: 197000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 35000 USD · 2025-01-01 – 2025-03-31 Source
  • Capital expenditure: 214000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 197000 USD · 2025-01-01 – 2025-06-30 Source

Free cash flow

-20.7 million USD

2024-10-01 – 2025-09-30

Exact inputs and evidence
  • Operating cash flow: -11066000 USD · 2024-01-01 – 2024-12-31 Source
  • Operating cash flow: -7259000 USD · 2024-01-01 – 2024-09-30 Source
  • Operating cash flow: -6310000 USD · 2025-01-01 – 2025-03-31 Source
  • Operating cash flow: -11758000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: -6310000 USD · 2025-01-01 – 2025-03-31 Source
  • Operating cash flow: -16648000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -11758000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 123000 USD · 2024-01-01 – 2024-12-31 Source
  • Capital expenditure: 43000 USD · 2024-01-01 – 2024-09-30 Source
  • Capital expenditure: 35000 USD · 2025-01-01 – 2025-03-31 Source
  • Capital expenditure: 197000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 35000 USD · 2025-01-01 – 2025-03-31 Source
  • Capital expenditure: 214000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 197000 USD · 2025-01-01 – 2025-06-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-02-03.

Financial data available through: 2024-12-31.

Coverage by financial measure
  • Revenue: 10 of 11 periods available· newest 2024-12-31
  • Operating income: 10 of 11 periods available· newest 2024-12-31
  • Net income: 10 of 11 periods available· newest 2024-12-31
  • Operating cash flow: 10 of 11 periods available· newest 2024-12-31
  • Capital expenditure: 10 of 11 periods available· newest 2024-12-31
  • Total assets: 9 of 11 periods available· newest 2024-12-31
  • Total liabilities: 9 of 11 periods available· newest 2024-12-31
  • Current assets: 9 of 11 periods available· newest 2024-12-31
  • Current liabilities: 9 of 11 periods available· newest 2024-12-31
  • Cash and cash equivalents: 10 of 11 periods available· newest 2024-12-31
  • Long-term debt including current maturities: 1 of 11 periods available· newest 2020-12-31
  • Shares outstanding: 9 of 11 periods available· newest 2024-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -15.1%

    Prior period

    USD 76.35 million

    –

    Current period

    USD 64.83 million

    –

    Exact inputs and evidence

    64833000 − 76354000 = -11521000 USD

    76354000 USD · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    64833000 USD · 2024-01-01 – 2024-12-31

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  • Net income

    −USD 9.75 million

    Prior period

    −USD 37.25 million

    –

    Current period

    −USD 47 million

    –

    Exact inputs and evidence

    -46996000 − -37250000 = -9746000 USD

    -37250000 USD · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    -46996000 USD · 2024-01-01 – 2024-12-31

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  • Operating cash flow

    +USD 1.79 million

    Prior period

    −USD 12.86 million

    –

    Current period

    −USD 11.07 million

    –

    Exact inputs and evidence

    -11066000 − -12859000 = 1793000 USD

    -12859000 USD · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    -11066000 USD · 2024-01-01 – 2024-12-31

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  • Capital expenditure

    +6%

    Prior period

    USD 116,000

    –

    Current period

    USD 123,000

    –

    Exact inputs and evidence

    123000 − 116000 = 7000 USD

    116000 USD · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    123000 USD · 2024-01-01 – 2024-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2024 2024-01-01 – 2024-12-31

  • Revenue USD 64.83 million 100% of revenue
  • Cost of revenue USD 20.53 million 32% of revenue
  • Operating expenses USD 71.49 million 110% of revenue
  • Operating income −USD 27.18 million −42% of revenue
  • Tax, interest and other Derived USD 19.81 million 31% of revenue
  • Net income −USD 47 million −72% of revenue

Cash

  • Operating cash flow −USD 11.07 million −17% of revenue
  • Capital expenditure USD 123,000 0.2% of revenue
  • Free cash flow Derived −USD 11.19 million −17% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2015 Operating loss: operating costs were 219% of revenue.
  • 2016 Operating loss: operating costs were 221% of revenue.
  • 2017 Operating loss: operating costs were 181% of revenue.
  • 2018 Operating loss: operating costs were 103% of revenue.
  • 2019 Operating loss: operating costs were 127% of revenue.
  • 2020 Operating loss: operating costs were 187% of revenue.
  • 2021 Operating loss: operating costs were 114% of revenue.
  • 2022 Operating loss: operating costs were 135% of revenue.
  • 2023 Operating loss: operating costs were 137% of revenue.
  • 2024 Operating loss: operating costs were 142% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2015 2015-01-01 – 2015-12-3117230000 37755000 Derived -20525000 2446000 Derived -22971000 -24574000 Derived
Source
2016 2016-01-01 – 2016-12-3115600000 34532000 Derived -18932000 2914000 Derived -21846000 -17337000 Derived
Source
2017 2017-01-01 – 2017-12-3121297000 38579000 Derived -17282000 560000 Derived -17842000 -19485000 Derived
Source
2018 2018-01-01 – 2018-12-31102614000 105981000 Derived -3367000 11592000 Derived -14959000 -34804000 Derived
Source
2019 2019-01-01 – 2019-12-31110406000 140684000 Derived -30278000 10341000 Derived -40619000 -40718000 Derived
Source
2020 2020-01-01 – 2020-12-3178014000 145912000 Derived -67898000 13808000 Derived -81706000 -28941000 Derived
Source
2021 2021-01-01 – 2021-12-31105622000 120389000 Derived -14767000 8246000 Derived -23013000 -20283000 Derived
Source
2022 2022-01-01 – 2022-12-3199497000 134373000 Derived -34876000 8824000 Derived -43700000 -27316000 Derived
Source
2023 2023-01-01 – 2023-12-3176354000 104663000 Derived -28309000 8941000 Derived -37250000 -12975000 Derived
Source
2024 2024-01-01 – 2024-12-3164833000 92017000 Derived -27184000 19812000 Derived -46996000 -11189000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 64.8M 2024
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.119.2M89.4M59.6M29.8M0.0201520202024
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2015Revenue17230000
2016Revenue15600000
2017Revenue21297000
2018Revenue102614000
2019Revenue110406000
2020Revenue78014000
2021Revenue105622000
2022Revenue99497000
2023Revenue76354000
2024Revenue64833000

Revenue growth

Change in revenue from the same financial period one year earlier.

-15.1% 2024
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.415%295%176%57%-62%201520202024
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2015Year over yearNo prior comparable period
2016Year over year-9.5%
2017Year over year36.5%
2018Year over year381.8%
2019Year over year7.6%
2020Year over year-29.3%
2021Year over year35.4%
2022Year over year-5.8%
2023Year over year-23.3%
2024Year over year-15.1%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -41.9% 2024
Net margin -72.5% 2024
Free cash flow margin -17.3% 2024
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.11%-30%-71%-113%-154%201520202024
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2015Operating margin-119.1%
2016Operating margin-121.4%
2017Operating margin-81.1%
2018Operating margin-3.3%
2019Operating margin-27.4%
2020Operating margin-87%
2021Operating margin-14%
2022Operating margin-35.1%
2023Operating margin-37.1%
2024Operating margin-41.9%
2015Net margin-133.3%
2016Net margin-140%
2017Net margin-83.8%
2018Net margin-14.6%
2019Net margin-36.8%
2020Net margin-104.7%
2021Net margin-21.8%
2022Net margin-43.9%
2023Net margin-48.8%
2024Net margin-72.5%
2015Free cash flow margin-142.6%
2016Free cash flow margin-111.1%
2017Free cash flow margin-91.5%
2018Free cash flow margin-33.9%
2019Free cash flow margin-36.9%
2020Free cash flow margin-37.1%
2021Free cash flow margin-19.2%
2022Free cash flow margin-27.5%
2023Free cash flow margin-17%
2024Free cash flow margin-17.3%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -11.1M 2024
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.2M-8.3M-19.8M-31.3M-42.8M201520202024
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2015Operating cash flow-24118000
2016Operating cash flow-16164000
2017Operating cash flow-19256000
2018Operating cash flow-33649000
2019Operating cash flow-39595000
2020Operating cash flow-28650000
2021Operating cash flow-19771000
2022Operating cash flow-26980000
2023Operating cash flow-12859000
2024Operating cash flow-11066000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -11.2M 2024
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.3M-8.6M-20.4M-32.2M-44.0M201520202024
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2015Free cash flow-24574000
2016Free cash flow-17337000
2017Free cash flow-19485000
2018Free cash flow-34804000
2019Free cash flow-40718000
2020Free cash flow-28941000
2021Free cash flow-20283000
2022Free cash flow-27316000
2023Free cash flow-12975000
2024Free cash flow-11189000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

95.8% 2024
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.151%113%76%38%0%2015-12-3120202024
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2015-12-31Liabilities / assetsNot reportedNo source recorded
2016Liabilities / assets140.1%
2017Liabilities / assets60%
2018Liabilities / assets70.9%
2019Liabilities / assets59.9%
2020Liabilities / assets72.7%
2021Liabilities / assets73.6%
2022Liabilities / assets93%
2023Liabilities / assets114.4%
2024Liabilities / assets95.8%

Current assets to current liabilities

Current assets divided by current liabilities.

1.6× 2024
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.83×2.87×1.92×0.96×0.00×2015-12-3120202024
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2015-12-31Current assets / current liabilitiesNot reportedNo source recorded
2016Current assets / current liabilities1.37×
2017Current assets / current liabilities2.26×
2018Current assets / current liabilities2.48×
2019Current assets / current liabilities2.07×
2020Current assets / current liabilities3.55×
2021Current assets / current liabilities3.18×
2022Current assets / current liabilities2.12×
2023Current assets / current liabilities2.13×
2024Current assets / current liabilities1.6×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2015 2015-01-01 – 2015-12-31
−USD 22.97 million
Exact value

Exact value: -22971000 USD

2015-01-01 – 2015-12-31: -22971000 USD Inspect Net Income Open source
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−USD 24.12 million
Exact value

Exact value: -24118000 USD

2015-01-01 – 2015-12-31: -24118000 USD Inspect Operating Cash Flow Open source
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USD 456,000
Exact value

Exact value: 456000 USD

2015-01-01 – 2015-12-31: 456000 USD Inspect Capital Expenditure Open source
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−USD 24.57 million
Calculation and evidence

-24118000 − 456000 USD

Exact free cash flow: -24574000 USD

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2016 2016-01-01 – 2016-12-31
−USD 21.85 million
Exact value

Exact value: -21846000 USD

2016-01-01 – 2016-12-31: -21846000 USD Inspect Net Income Open source
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−USD 16.16 million
Exact value

Exact value: -16164000 USD

2016-01-01 – 2016-12-31: -16164000 USD Inspect Operating Cash Flow Open source
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USD 1.17 million
Exact value

Exact value: 1173000 USD

2016-01-01 – 2016-12-31: 1173000 USD Inspect Capital Expenditure Open source
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−USD 17.34 million
Calculation and evidence

-16164000 − 1173000 USD

Exact free cash flow: -17337000 USD

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2017 2017-01-01 – 2017-12-31
−USD 17.84 million
Exact value

Exact value: -17842000 USD

2017-01-01 – 2017-12-31: -17842000 USD Inspect Net Income Open source
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−USD 19.26 million
Exact value

Exact value: -19256000 USD

2017-01-01 – 2017-12-31: -19256000 USD Inspect Operating Cash Flow Open source
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USD 229,000
Exact value

Exact value: 229000 USD

2017-01-01 – 2017-12-31: 229000 USD Inspect Capital Expenditure Open source
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−USD 19.49 million
Calculation and evidence

-19256000 − 229000 USD

Exact free cash flow: -19485000 USD

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2018 2018-01-01 – 2018-12-31
−USD 14.96 million
Exact value

Exact value: -14959000 USD

2018-01-01 – 2018-12-31: -14959000 USD Inspect Net Income Open source
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−USD 33.65 million
Exact value

Exact value: -33649000 USD

2018-01-01 – 2018-12-31: -33649000 USD Inspect Operating Cash Flow Open source
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USD 1.16 million
Exact value

Exact value: 1155000 USD

2018-01-01 – 2018-12-31: 1155000 USD Inspect Capital Expenditure Open source
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−USD 34.8 million
Calculation and evidence

-33649000 − 1155000 USD

Exact free cash flow: -34804000 USD

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2019 2019-01-01 – 2019-12-31
−USD 40.62 million
Exact value

Exact value: -40619000 USD

2019-01-01 – 2019-12-31: -40619000 USD Inspect Net Income Open source
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−USD 39.6 million
Exact value

Exact value: -39595000 USD

2019-01-01 – 2019-12-31: -39595000 USD Inspect Operating Cash Flow Open source
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USD 1.12 million
Exact value

Exact value: 1123000 USD

2019-01-01 – 2019-12-31: 1123000 USD Inspect Capital Expenditure Open source
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−USD 40.72 million
Calculation and evidence

-39595000 − 1123000 USD

Exact free cash flow: -40718000 USD

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2020 2020-01-01 – 2020-12-31
−USD 81.71 million
Exact value

Exact value: -81706000 USD

2020-01-01 – 2020-12-31: -81706000 USD Inspect Net Income Open source
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−USD 28.65 million
Exact value

Exact value: -28650000 USD

2020-01-01 – 2020-12-31: -28650000 USD Inspect Operating Cash Flow Open source
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USD 291,000
Exact value

Exact value: 291000 USD

2020-01-01 – 2020-12-31: 291000 USD Inspect Capital Expenditure Open source
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−USD 28.94 million
Calculation and evidence

-28650000 − 291000 USD

Exact free cash flow: -28941000 USD

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2021 2021-01-01 – 2021-12-31
−USD 23.01 million
Exact value

Exact value: -23013000 USD

2021-01-01 – 2021-12-31: -23013000 USD Inspect Net Income Open source
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−USD 19.77 million
Exact value

Exact value: -19771000 USD

2021-01-01 – 2021-12-31: -19771000 USD Inspect Operating Cash Flow Open source
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USD 512,000
Exact value

Exact value: 512000 USD

2021-01-01 – 2021-12-31: 512000 USD Inspect Capital Expenditure Open source
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−USD 20.28 million
Calculation and evidence

-19771000 − 512000 USD

Exact free cash flow: -20283000 USD

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2022 2022-01-01 – 2022-12-31
−USD 43.7 million
Exact value

Exact value: -43700000 USD

2022-01-01 – 2022-12-31: -43700000 USD Inspect Net Income Open source
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−USD 26.98 million
Exact value

Exact value: -26980000 USD

2022-01-01 – 2022-12-31: -26980000 USD Inspect Operating Cash Flow Open source
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USD 336,000
Exact value

Exact value: 336000 USD

2022-01-01 – 2022-12-31: 336000 USD Inspect Capital Expenditure Open source
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−USD 27.32 million
Calculation and evidence

-26980000 − 336000 USD

Exact free cash flow: -27316000 USD

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2023 2023-01-01 – 2023-12-31
−USD 37.25 million
Exact value

Exact value: -37250000 USD

2023-01-01 – 2023-12-31: -37250000 USD Inspect Net Income Open source
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−USD 12.86 million
Exact value

Exact value: -12859000 USD

2023-01-01 – 2023-12-31: -12859000 USD Inspect Operating Cash Flow Open source
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USD 116,000
Exact value

Exact value: 116000 USD

2023-01-01 – 2023-12-31: 116000 USD Inspect Capital Expenditure Open source
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−USD 12.98 million
Calculation and evidence

-12859000 − 116000 USD

Exact free cash flow: -12975000 USD

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2024 2024-01-01 – 2024-12-31
−USD 47 million
Exact value

Exact value: -46996000 USD

2024-01-01 – 2024-12-31: -46996000 USD Inspect Net Income Open source
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−USD 11.07 million
Exact value

Exact value: -11066000 USD

2024-01-01 – 2024-12-31: -11066000 USD Inspect Operating Cash Flow Open source
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USD 123,000
Exact value

Exact value: 123000 USD

2024-01-01 – 2024-12-31: 123000 USD Inspect Capital Expenditure Open source
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−USD 11.19 million
Calculation and evidence

-11066000 − 123000 USD

Exact free cash flow: -11189000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

56 filings · 2,801 latest values · 2,801 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001409269, 1409269, HAIR, VERO, edgar:1409269

Also known as Restoration Robotics Inc, Restoration Robotics, Inc., VENUS CONCEPT INC., Venus Concept Inc.