Lemaitre Vascular (LMAT) FY2024 results: revenue $220 million, up 13.6% on the year
Lemaitre Vascular Inc. (LMAT) reported revenue of $220 million for fiscal 2024, the year ended 31 December 2024, up 13.6% on the year before. Net income was $44 million, up 46.3%, and diluted earnings per share $1.93. The figures are the company's own, from the 10-K it filed with the SEC on 28 February 2025.
Revenue
$220 million
+13.6% on the year
FY2017FY2024
Operating margin
23.8%
19.0% a year earlier
FY2017FY2024
Net income
$44 million
+46.3% on the year
FY2017FY2024
Diluted EPS
$1.93
+44.0% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
44.1
36.8
25.4
+20.1%
Capital expenditure
7.0
7.3
3.2
-4.2%
Free cash flow
37.2
29.5
22.1
+26.0%
Free cash flow margin
16.9%
15.2%
13.7%
Cash from investing
-200
-24.7
-10.4
Cash from financing
158
-7.1
-9.2
Depreciation and amortisation
9.6
9.5
9.4
+1.0%
Share-based compensation
6.6
5.3
4.2
+23.5%
Buybacks
1.7
0.9
0.6
+101.5%
Dividends paid
14.4
12.4
11.0
+15.5%
Dividend per share
$0.64
$0.56
$0.50
+14.3%
Diluted shares, weighted
23m
22m
22m
+1.6%
Shares outstanding at period end
23m
n/a
n/a
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
337
298
268
+13.2%
Debt
168
0.0
0.0
Operating lease liabilities
15.2
16.6
14.7
-8.4%
Other liabilities
31.5
32.3
27.6
-2.3%
Total liabilities and equity
552
347
310
+59.1%
Fixed assets
24.8
21.8
17.9
+14.0%
Goodwill
65.9
65.9
65.9
0.0%
Intangible assets
35.8
41.7
46.5
-14.1%
Investments
274
80.8
63.6
+239.2%
Cash and equivalents
25.6
24.3
19.1
+5.5%
Receivables
30.1
25.1
22.0
+19.9%
Other assets
95.5
87.2
75.4
+9.4%
Total assets
552
347
310
+59.1%
10-K for the year ended 31 December 2024, filed 28 February 2025: the filing.