Venus Concept Inc. (VERO) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Total Current Assets | 45.82M | 45.11M | 45.6M | 48.51M | 51.22M | 56.9M | 60.7M | 66.44M | 71.77M | 75.79M | 77.5M | 83.71M | 80.76M | 88.57M | 98.42M | 110.28M | 94.54M | 103.33M | 106.29M | 115.4M |
| Cash & Short-Term Investments | 5.93M | 3.88M | 3.2M | 4.27M | 4.49M | 5.73M | 5.09M | 5.4M | 4.93M | 6.12M | 6.41M | 11.57M | 6.78M | 10.54M | 17.91M | 30.88M | 15.78M | 23.06M | 27.07M | 34.3M |
| Cash Only | 5.93M | 3.88M | 3.2M | 4.27M | 4.49M | 5.73M | 5.09M | 5.4M | 4.93M | 6.12M | 6.41M | 11.57M | 6.78M | 10.54M | 17.91M | 30.88M | 15.78M | 23.06M | 27.07M | 34.3M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 16.89M | 16.34M | 17.47M | 19.33M | 21.8M | 25.38M | 28.07M | 30.57M | 36.03M | 37.75M | 40.29M | 39.49M | 42.81M | 49.58M | 52.13M | 49.65M | 51.42M | 53.71M | 51.07M | 56.35M |
| Days Sales Outstanding | 447.53 | 379.96 | 467.33 | 447.54 | 530.19 | 558.62 | 586.14 | 615.42 | 746.45 | 686.38 | 716.28 | 593.55 | 725.42 | 663.76 | 720.52 | 555.26 | 764.06 | 759.07 | 824.91 | 796.32 |
| Inventory | 21.77M | 15.86M | 17.63M | 17.56M | 18.9M | 24.32M | 25.9M | 28.68M | 29.14M | 22.94M | 28.53M | 29.79M | 24.24M | 22.36M | 21.32M | 26.21M | 21M | 19.77M | 21.99M | 17.76M |
| Days Inventory Outstanding | 1.6K | 924.6 | 1.32K | 1.31K | 1.36K | 1.88K | 1.62K | 1.72K | 1.96K | 1.43K | 1.52K | 1.28K | 1.08K | 993 | 900.32 | 976.49 | 1.06K | 1.01K | 1.09K | 710.83 |
| Other Current Assets | 435K | 2.21M | 526K | 495K | 516K | 462K | 607K | 503K | 509K | 1.98M | 647K | 1.17M | 1.42M | 1.04M | 1.09M | 808K | 1.21M | 1.08M | 4.03M | 2.17M |
| Total Non-Current Assets | 15.8M | 17.98M | 17.86M | 19.67M | 21.06M | 22.85M | 24.37M | 27.21M | 27.15M | 30.36M | 35.31M | 41.67M | 39.86M | 44.18M | 46M | 47.1M | 43.61M | 43.94M | 42.46M | 45.12M |
| Property, Plant & Equipment | 3.33M | 3.62M | 3.93M | 4.22M | 4.63M | 5.03M | 5.31M | 5.84M | 6.15M | 6.62M | 7.18M | 7.72M | 2.18M | 2.4M | 2.58M | 2.67M | 2.58M | 2.94M | 3.13M | 3.54M |
| Fixed Asset Turnover | 4.14x | 4.33x | 3.47x | 3.74x | 3.24x | 3.29x | 3.29x | 3.11x | 2.86x | 3.03x | 2.86x | 3.15x | 9.88x | 11.38x | 10.22x | 12.23x | 9.54x | 8.79x | 7.21x | 7.30x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 2.38M | 3.25M | 4.12M | 4.97M | 5.85M | 6.72M | 7.58M | 8.45M | 9.32M | 10.2M | 11.06M | 11.92M | 12.79M | 13.67M | 14.54M | 15.39M | 16.27M | 17.14M | 18.01M | 18.86M |
| Long-Term Investments | 9.15M | 9.64M | 0 | 8.53M | 8.87M | 9.48M | 9.91M | 11.32M | 10.14M | 75.79M | 15.32M | 20.04M | 23.25M | 26.72M | 27.75M | 27.71M | 23.24M | 21.95M | 19.3M | 21.15M |
| Other Non-Current Assets | 523K | 512K | 8.69M | 488K | 426K | 421K | 429K | 574K | 593K | -63.12M | 937K | 1.04M | 724K | 815K | 884K | 1.04M | 742K | 715K | 1.06M | 685K |
| Total Assets | 61.62M | 63.09M | 63.46M | 68.18M | 72.28M | 79.75M | 85.08M | 93.65M | 98.92M | 106.16M | 112.81M | 125.38M | 120.63M | 132.75M | 144.42M | 157.37M | 138.15M | 147.27M | 148.76M | 160.53M |
| Asset Turnover | 0.22x | 0.25x | 0.21x | 0.23x | 0.21x | 0.21x | 0.21x | 0.19x | 0.18x | 0.19x | 0.18x | 0.19x | 0.18x | 0.21x | 0.18x | 0.21x | 0.18x | 0.18x | 0.15x | 0.16x |
| Asset Growth % | -14.74% | -20.9% | -25.41% | -27.2% | -26.94% | -24.87% | -24.58% | -25.3% | -17.99% | -20.03% | -21.89% | -20.33% | -12.69% | -9.86% | -2.91% | -1.96% | -6.03% | -2.42% | -4.19% | -16.01% |
| Total Current Liabilities | 50.65M | 41.12M | 35.61M | 30.29M | 27.47M | 28.54M | 29.45M | 31.16M | 26M | 34.94M | 36.2M | 39.59M | 29.51M | 28.18M | 29.6M | 34.72M | 29.19M | 30.59M | 29.13M | 32.52M |
| Accounts Payable | 7.11M | 5.85M | 7.37M | 6.48M | 7.12M | 7.19M | 7.79M | 9.04M | 7.12M | 8.29M | 7.51M | 8.03M | 6.09M | 4.18M | 4.79M | 8.42M | 4.75M | 5.68M | 6.14M | 6.32M |
| Days Payables Outstanding | 523.17 | 340.92 | 550.49 | 485.37 | 510.97 | 554.4 | 487.36 | 543.56 | 478.51 | 516.98 | 401.28 | 345.07 | 272.34 | 185.79 | 202.2 | 313.62 | 238.86 | 291.75 | 304.52 | 253.05 |
| Short-Term Debt | 26.32M | 18.42M | 13.91M | 8.27M | 4.59M | 5.02M | 5.57M | 5.75M | 1.51M | 9.31M | 9.42M | 9.54M | 0 | 0 | 136K | 543K | 950K | 1.28M | 0 | 0 |
| Deferred Revenue (Current) | 2.21M | 1.8M | 1.71M | 1.86M | 1.94M | 2.09M | 2.37M | 2.54M | 2.99M | 2.96M | 3.17M | 4.16M | 4.11M | 4.68M | 4.31M | 4.71M | 2.98M | 3.37M | 4.06M | 3.7M |
| Other Current Liabilities | 9.94M | 0 | 0 | 0 | 10.42M | 11.48M | 11.09M | 11.21M | 12.59M | 10.77M | 14M | 15.5M | 5.97M | 6.57M | 6.79M | 18.99M | 6.36M | 6.32M | 16.04M | 7.53M |
| Current Ratio | 0.90x | 1.10x | 1.28x | 1.60x | 1.86x | 1.99x | 2.06x | 2.13x | 2.76x | 2.17x | 2.14x | 2.11x | 2.74x | 3.14x | 3.33x | 3.18x | 3.24x | 3.38x | 3.65x | 3.55x |
| Quick Ratio | 0.47x | 0.71x | 0.79x | 1.02x | 1.18x | 1.14x | 1.18x | 1.21x | 1.64x | 1.51x | 1.35x | 1.36x | 1.92x | 2.35x | 2.61x | 2.42x | 2.52x | 2.73x | 2.89x | 3.00x |
| Cash Conversion Cycle | 1.53K | 963.63 | 1.23K | 1.28K | 1.38K | 1.88K | 1.72K | 1.8K | 2.23K | 1.6K | 1.84K | 1.53K | 1.54K | 1.47K | 1.42K | 1.22K | 1.58K | 1.48K | 1.61K | 1.25K |
| Total Non-Current Liabilities | 7.84M | 19.2M | 25.12M | 35.06M | 34.18M | 46.85M | 77.54M | 75.94M | 84.3M | 76.76M | 76.81M | 77.05M | 81.1M | 81.17M | 81.4M | 81.06M | 80.2M | 79.84M | 83.68M | 84.25M |
| Long-Term Debt | 5M | 15.87M | 21.57M | 31.44M | 30.02M | 42.4M | 72.55M | 70.79M | 79.05M | 70.68M | 70.08M | 70M | 77.62M | 77.51M | 77.4M | 77.33M | 76.86M | 76.4M | 80.09M | 79.6M |
| Capital Lease Obligations | 1.35M | 1.54M | 1.8M | 2M | 2.33M | 2.61M | 2.85M | 3.16M | 3.3M | 3.67M | 3.93M | 4.22M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 2K | 11K | 15K | 20K | 6K | 0 | 0 | 54K | 58K | 56K | 46K | 45K | 308K | 574K | 811K |
| Other Non-Current Liabilities | 1.11M | 1.39M | 1.41M | 1.26M | 1.43M | 1.39M | 1.41M | 1.31M | 1.39M | 1.85M | 2.03M | 1.86M | 2.08M | 2.18M | 2.56M | 2.33M | 2M | 1.96M | 1.98M | 2.06M |
| Total Liabilities | 58.49M | 60.31M | 60.73M | 65.35M | 61.65M | 75.39M | 106.99M | 107.1M | 110.3M | 111.7M | 113.02M | 116.64M | 110.61M | 109.36M | 111M | 115.78M | 109.38M | 110.43M | 112.81M | 116.76M |
| Total Debt | 32.67M | 37.06M | 38.58M | 43.03M | 38.35M | 50.03M | 80.97M | 79.7M | 83.87M | 85.23M | 83.43M | 83.77M | 77.62M | 77.51M | 77.54M | 77.87M | 77.81M | 77.68M | 80.09M | 79.6M |
| Net Debt | 26.73M | 33.18M | 35.38M | 38.76M | 33.87M | 44.3M | 75.88M | 74.3M | 78.94M | 79.1M | 77.02M | 72.2M | 70.84M | 66.97M | 59.63M | 46.99M | 62.03M | 54.62M | 53.02M | 45.3M |
| Debt / Equity | 10.42x | 13.37x | 14.14x | 15.16x | 3.61x | 11.46x | - | - | - | - | - | 9.59x | 7.75x | 3.31x | 2.32x | 1.87x | 2.70x | 2.11x | 2.23x | 1.82x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 29.06x | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 20.43x | - | - |
| Interest Coverage | -7.71x | -7.56x | -6.79x | -5.32x | -4.30x | -2.28x | -3.39x | -3.43x | -4.21x | -3.71x | -5.41x | -6.42x | -9.37x | -6.89x | -8.06x | -4.48x | -5.39x | 1.31x | -3.63x | -5.40x |
| Total Equity | 3.13M | 2.77M | 2.73M | 2.84M | 10.63M | 4.36M | -21.91M | -13.45M | -11.38M | -5.54M | -207K | 8.74M | 10.01M | 23.4M | 33.43M | 41.6M | 28.77M | 36.85M | 35.95M | 43.76M |
| Equity Growth % | -70.51% | -36.48% | 112.45% | 121.1% | 193.41% | 178.74% | -10485.51% | -253.91% | -213.63% | -123.69% | -100.62% | -78.99% | -65.2% | -36.5% | -7.02% | -4.95% | -21.5% | -8.65% | -22.81% | -42.93% |
| Book Value per Share | 1.69 | 1.90 | 0.63 | 0.65 | 1.46 | 0.67 | -3.76 | -2.43 | -2.06 | -1.01 | -0.04 | 1.86 | 2.30 | 5.47 | 7.84 | 11.17 | 7.97 | 10.19 | 10.03 | 15.32 |
| Total Shareholders' Equity | 2.67M | 2.33M | 2.26M | 2.37M | 10.11M | 3.7M | -22.49M | -14.02M | -12.17M | -6.22M | -886K | 8.09M | 9.35M | 22.84M | 32.79M | 40.94M | 28.05M | 37.63M | 36.6M | 44.23M |
| Common Stock | 31K | 31K | 30K | 30K | 30K | 30K | 30K | 30K | 30K | 30K | 30K | 29K | 27K | 27K | 27K | 27K | 26K | 26K | 26K | 26K |
| Retained Earnings | -355.55M | -332.98M | -321.26M | -308.9M | -300.93M | -291.65M | -271.7M | -261.9M | -250.79M | -241.72M | -234.31M | -224.1M | -214.19M | -199.58M | -189.02M | -180.41M | -176.07M | -166.27M | -166.65M | -157.39M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 461K | 445K | 466K | 469K | 520K | 662K | 575K | 570K | 792K | 679K | 679K | 645K | 668K | 559K | 636K | 653K | 723K | -782K | -647K | -471K |