LASE Q1 2023 Earnings — Laser Photonics Corporation Revenue & Financial Results | Market Cap Arena

LASELaser Photonics Corporation

$17M

Q1 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$1M+2.1% YoY

Gross Profit

$995,91980.5% margin

Operating Income

-$1M-99.6% margin

Net Income

-$2M-131.9% margin

EPS (Diluted)

$-0.21

QoQ Revenue Growth

+6.2%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$1M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$19M

Total Liabilities

$3M

Stockholders' Equity

$16M

Cash & Equivalents

$11M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1M	$1M	+2.1%
Gross Profit	$995,919	$913,496	+9.0%
Operating Income	-$1M	$381,107	-423.2%
Net Income	-$2M	$376,699	-533.2%