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Discontinued — last reported Q1 '24

Gross Profit at other companies

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Segments

By segment

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Biopharmaceutical Development$7.58M+20.2%
Clinical Genomics$6.24M+15.0%

Other financials

Income statement

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Revenue$60.1M+1.0%
Operating income-$664.0K+85.5%
Net income$2.8M-40.3%
EPS (diluted)-$0.10+63.0%

Balance sheet

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Cash & equivalents$30.7M+44.3%
Total debt$78.5M-52.9%
Total equity$188.8M+9.4%
Total assets$419.2M-3.8%

Cash flow

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Operating cash flow$14.7M+678%
CapEx$559.0K-44.6%
Free cash flow$14.2M+1,504%

Valuation

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Market cap$574.42M+72.6%
Enterprise value$622.2M+30.1%
P/E42×
P/S2.3×+0.9×

Profitability

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Gross margin56.8%
Operating margin2.3%
Net margin1.5%+0.8pp
FCF margin21.2%+7.3pp

Returns & leverage

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Return on equity2.2%+1.1pp
Debt / equity0.4×-0.6×
Current ratio1.8×+1.1×

Where this comes from

Calculated from Mesa Laboratories’s reported figures.

The source filing: Mesa Laboratories’s 10-Q, filed August 3, 2023.

Filed
Aug 3, 2023
Fiscal quarter
Q1 FY2024
Calendar quarter
Q2 2023
Accession
0001437749-23-021753
Line itemThree Months Ended June 30, 2023Three Months Ended June 30, 2022
Revenues$50,645$50,453
Cost of revenues19,46219,112
Gross profit31,18331,341
Operating expenses:
Selling8,97610,023
General and administrative18,06020,212
Research and development4,8115,700
Total operating expenses31,84735,935

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FAQ

What is Mesa Laboratories's gross profit?
Mesa Laboratories (MLAB) reported gross profit of $31.18M in Q2 2023.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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