Lemaitre Vascular (LMAT) FY2022 results: revenue $162 million, up 4.7% on the year
Lemaitre Vascular Inc. (LMAT) reported revenue of $162 million for fiscal 2022, the year ended 31 December 2022, up 4.7% on the year before. Net income was $21 million, down 23.3%, and diluted earnings per share $0.93. The figures are the company's own, from the 10-K it filed with the SEC on 1 March 2023.
Revenue
$162 million
+4.7% on the year
FY2015FY2022
Operating margin
16.6%
23.6% a year earlier
FY2015FY2022
Net income
$21 million
-23.3% on the year
FY2015FY2022
Diluted EPS
$0.93
-25.6% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
25.4
35.1
34.8
-27.7%
Capital expenditure
3.2
4.9
3.0
-33.9%
Free cash flow
22.1
30.2
31.8
-26.7%
Free cash flow margin
13.7%
19.6%
24.6%
Cash from investing
-10.4
-61.1
-52.9
Cash from financing
-9.2
13.7
32.2
Depreciation and amortisation
9.4
11.1
8.4
-14.8%
Share-based compensation
4.2
3.5
3.0
+19.9%
Buybacks
0.6
0.8
0.6
-20.0%
Dividends paid
11.0
9.3
7.7
+17.7%
Dividend per share
$0.50
$0.44
$0.38
+13.6%
Diluted shares, weighted
22m
21m
20m
+3.2%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
268
254
173
+5.5%
Debt
0.0
0.0
38.0
Operating lease liabilities
14.7
14.1
14.8
+4.6%
Other liabilities
27.6
24.6
27.4
+12.1%
Total liabilities and equity
310
293
253
+6.0%
Fixed assets
17.9
17.1
15.0
+4.9%
Goodwill
65.9
65.9
65.9
0.0%
Intangible assets
46.5
52.7
58.9
-11.7%
Investments
63.6
56.1
0.2
+13.3%
Cash and equivalents
19.1
13.9
26.8
+38.1%
Receivables
22.0
19.6
19.6
+12.3%
Other assets
75.4
67.5
66.4
+11.7%
Total assets
310
293
253
+6.0%
10-K for the year ended 31 December 2022, filed 1 March 2023: the filing.