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IRIX

IRIX - IRIDEX Corp Stock Price, Fair Value and News

2.71USD+0.08 (+3.04%)Market Closed

Market Summary

IRIX
USD2.71+0.08
Market Closed
3.04%

IRIX Stock Price

View Fullscreen

IRIX RSI Chart

IRIX Valuation

Market Cap

44.0M

Price/Earnings (Trailing)

-4.02

Price/Sales (Trailing)

0.88

EV/EBITDA

-3.98

Price/Free Cashflow

-7.84

IRIX Price/Sales (Trailing)

IRIX Profitability

Operating Margin

40.72%

EBT Margin

-21.69%

Return on Equity

-168.68%

Return on Assets

-32.1%

Free Cashflow Yield

-12.76%

IRIX Fundamentals

IRIX Revenue

Revenue (TTM)

49.9M

Rev. Growth (Yr)

-14.19%

Rev. Growth (Qtr)

-5.59%

IRIX Earnings

Earnings (TTM)

-10.9M

Earnings Growth (Yr)

-65.74%

Earnings Growth (Qtr)

-17.03%

Breaking Down IRIX Revenue

Last 7 days

-4.6%

Last 30 days

-14.8%

Last 90 days

3.0%

Trailing 12 Months

18.9%

How does IRIX drawdown profile look like?

IRIX Financial Health

Current Ratio

1.72

Debt/Equity

0.05

Debt/Cashflow

-17.79

IRIX Investor Care

Shares Dilution (1Y)

1.54%

Diluted EPS (TTM)

-0.67

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202449.9M000
202357.3M56.4M54.6M51.9M
202255.3M55.7M57.0M57.0M
202139.3M46.5M51.0M53.9M
202041.9M37.7M35.8M36.3M
201943.7M43.8M43.2M43.4M
201840.6M40.9M41.4M42.6M
201744.7M42.8M43.9M41.6M
201642.9M45.8M45.7M46.2M
201543.3M41.7M41.4M41.8M
201439.7M41.0M41.6M42.8M
201334.5M35.3M36.9M38.3M
201233.3M33.6M33.3M33.9M
201129.7M27.9M25.4M33.2M
2010031.5M31.9M32.3M
200900031.0M

Tracking the Latest Insider Buys and Sells of IRIDEX Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 14, 2023
shuda scott
acquired
75,000
1.91
39,267
-
Jun 14, 2023
ludlum ken
acquired
75,000
1.91
39,267
-
Jun 14, 2023
huss beverly a
acquired
75,000
1.91
39,267
-
Jun 14, 2023
devi nandini
acquired
75,000
1.91
39,267
-
Jun 14, 2023
grove robert earle
acquired
75,000
1.91
39,267
-
Oct 30, 2022
mercer patrick
sold (taxes)
-161
2.27
-71.00
coo
Oct 27, 2022
mercer patrick
acquired
-
-
35,570
coo
Oct 27, 2022
bruce david
acquired
-
-
59,730
president and ceo
Sep 30, 2022
mercer patrick
sold (taxes)
-173
2.41
-72.00
coo
Aug 30, 2022
mercer patrick
sold (taxes)
-181
2.55
-71.00
coo

1–10 of 50

Which funds bought or sold IRIX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 15, 2024
STATE STREET CORP
unchanged
-
7,602
133,260
-%
May 15, 2024
WOLVERINE TRADING, LLC
reduced
-6.62
-479
48,511
-%
May 15, 2024
MORGAN STANLEY
unchanged
-
117
2,056
-%
May 15, 2024
BANK OF AMERICA CORP /DE/
sold off
-100
-22.00
-
-%
May 15, 2024
Tower Research Capital LLC (TRC)
added
126
3,497
5,995
-%
May 15, 2024
BRIDGEWAY CAPITAL MANAGEMENT, LLC
unchanged
-
13,107
229,758
-%
May 15, 2024
Royal Bank of Canada
reduced
-80.52
-
-
-%
May 15, 2024
CITADEL ADVISORS LLC
added
453
96,165
115,922
-%
May 14, 2024
PARAGON ASSOCIATES & PARAGON ASSOCIATES II JOINT VENTURE
unchanged
-
170,000
2,980,000
5.31%
May 14, 2024
Long Focus Capital Management, LLC
unchanged
-
17,000
298,000
0.01%

1–10 of 33

Are Funds Buying or Selling IRIX?

Are funds buying IRIX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own IRIX
No. of Funds

Unveiling IRIDEX Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Nov 23, 2022
paragon associates & paragon associates ii joint venture
6.02%
963,250
SC 13D
Sep 20, 2022
roland brent alexander
5.52%
881,998
SC 13D
Sep 01, 2021
paragon associates & paragon associates ii joint venture
4.99%
789,818
SC 13D/A
Jul 02, 2021
paragon associates & paragon associates ii joint venture
6.3%
980,674
SC 13D/A
Jun 21, 2021
blueline capital partners, l.p.
3.2%
493,673
SC 13D/A
Apr 13, 2021
paragon associates & paragon associates ii joint venture
7.3%
1,138,378
SC 13D/A
Mar 23, 2021
topcon america corp
10.4%
1,618,122
SC 13D
Feb 16, 2021
north tide capital, llc
5.5%
760,069
SC 13G/A
Feb 10, 2021
vanguard group inc
5.39%
749,045
SC 13G/A
Feb 04, 2021
global undervalued securities master fund lp
0.0%
0
SC 13G/A

Recent SEC filings of IRIDEX Corp

View All Filings
Date Filed Form Type Document
May 14, 2024
8-K
Current Report
May 14, 2024
10-Q
Quarterly Report
Apr 30, 2024
ARS
ARS
Apr 29, 2024
DEFA14A
DEFA14A
Apr 29, 2024
DEF 14A
DEF 14A
Mar 29, 2024
10-K
Annual Report
Mar 26, 2024
8-K
Current Report

Peers (Alternatives to IRIDEX Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
181.0B
40.3B
-1.75% -4.07%
32.18
4.49
-2.84% -3.08%
68.3B
19.7B
1.78% -6.05%
51.24
3.46
4.82% -17.56%
20.4B
3.9B
-9.57% -7.50%
44.2
5.22
5.72% 46.72%
18.0B
14.9B
-10.73% -18.01%
6.79
1.21
2.98% 207.68%
MID-CAP
9.8B
3.5B
6.68% 24.08%
31.27
2.76
6.16% 35.06%
9.6B
12.5B
6.31% -2.51%
24.63
0.77
-0.61% -18.83%
8.4B
2.6B
1.13% -22.65%
-26.02
3.22
-6.25% -68.62%
5.9B
3.9B
-6.79% -30.12%
-62.84
1.49
0.23% 91.03%
3.4B
387.1M
0.52% 31.17%
-216.3
8.9
30.82% 65.57%
2.3B
6.6B
0.19% -5.50%
11.93
0.35
2.78% -0.87%
SMALL-CAP
1.3B
3.2B
5.94% -10.00%
-1.91
0.41
7.94% -1661.78%
376.6M
169.3M
-1.13% -2.23%
-4.9
2.23
7.49% -244.90%
241.9M
324.0M
-4.58% -37.15%
-1.26
0.75
-3.19% -337.41%
56.1M
50.5M
22.73% -73.49%
-2.46
1.11
14.25% -10.06%
1.0M
3.7M
-71.83% -87.10%
-0.09
0.28
5.77% 8.23%

IRIDEX Corp News

Latest updates
Defense World • 17 May 2024 • 07:43 pm
MarketBeat • 15 May 2024 • 04:29 pm
Yahoo Finance • 14 May 2024 • 10:00 pm
Simply Wall St • 14 May 2024 • 10:31 am
Defense World • 12 May 2024 • 07:53 am
Defense World • 12 May 2024 • 07:18 am
Defense World • 04 May 2024 • 07:00 am
Seeking Alpha • 28 Mar 2024 • 07:00 am
Yahoo Finance • 27 Mar 2024 • 07:00 am

IRIDEX Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-5.6%11,761,00012,458,00012,850,00012,855,00013,706,00015,195,00014,635,00013,755,00013,387,00015,254,00013,264,00013,426,00011,959,00012,304,0008,803,0006,219,0009,021,00011,762,00010,664,00010,426,00010,595,000
Cost Of Revenue-3.6%7,303,0007,573,0007,229,0007,492,0007,768,0008,531,0008,175,0007,488,0007,410,0009,252,0007,482,0007,318,0007,020,0006,722,0005,149,0003,813,0005,105,0006,912,0006,381,0005,877,0006,338,000
Gross Profit-8.7%4,458,0004,885,0005,621,0005,363,0005,938,0006,664,0006,460,0006,267,0005,977,0006,002,0005,782,0006,108,0004,939,0005,582,0003,654,0002,406,0003,916,0004,850,0004,283,0004,549,0004,257,000
Operating Expenses-2.7%7,751,0007,966,0007,309,0008,257,0008,282,0008,074,0008,155,0008,427,0008,254,0008,399,0007,939,0007,246,0006,780,0005,882,0005,500,0005,190,0005,569,0006,467,0006,136,0007,017,0007,293,000
  S&GA Expenses-3.1%3,747,0003,867,0003,823,0004,264,0004,283,0004,826,0004,445,0004,607,0004,300,0004,095,0003,914,0003,646,0002,982,0003,435,0002,959,0002,693,0003,152,0003,791,0003,508,0003,462,0004,091,000
  R&D Expenses-9.3%1,536,0001,694,0001,541,0001,845,0001,749,0001,450,0001,687,0001,922,0002,116,0002,243,0001,788,0001,672,0001,165,000887,000869,000807,000719,000788,0001,007,000929,000958,000
EBITDA Margin-20.2%-0.19-0.16-0.13-0.13-0.12-0.12-0.14-0.15-0.09-0.08-0.04-0.04---------
Income Taxes-36.7%38,00060,0008,00010,00012,00014,00014,00017,00020,00016,0008,0008,0008,0006,0008,0005,0007,00026,0007,0009,0006,000
Earnings Before Taxes-18.1%-3,426,000-2,900,000-1,746,000-2,756,000-2,078,000-1,134,000-1,753,000-2,224,000-2,371,000-2,427,000-2,157,0001,401,000-2,002,000-173,000-1,711,000-2,775,000-1,644,000-1,535,000-1,778,000-2,410,000-3,042,000
EBT Margin-18.7%-0.22-0.18-0.14-0.14-0.13-0.13-0.15-0.16-0.10-0.10-0.06-0.05---------
Net Income-17.0%-3,464,000-2,960,000-1,754,000-2,766,000-2,090,000-1,148,000-1,767,000-2,241,000-2,391,000-2,443,000-2,165,0001,393,000-2,010,000-179,000-1,719,000-2,780,000-1,651,000-1,561,000-1,785,000-2,419,000-3,048,000
Net Income Margin-18.8%-0.22-0.18-0.14-0.14-0.13-0.13-0.16-0.17-0.10-0.10-0.06-0.05---------
Free Cashflow-74.3%-1,651,000-947,000-1,864,000-1,157,000-2,886,000-1,673,000-2,163,000-2,690,000-3,279,000-1,775,000-695,000-1,283,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-1.0%34.0034.0035.0037.0041.0042.0045.0046.0048.0049.0051.0051.0050.0028.0028.0029.0031.0035.0036.0038.0041.00
  Current Assets0.5%28.0027.0027.0031.0035.0036.0038.0039.0042.0042.0044.0044.0044.0025.0026.0026.0027.0031.0031.0033.0035.00
    Cash Equivalents-23.0%5.007.008.0010.0011.0014.0016.0018.0021.0024.0026.0026.0028.0012.0012.0012.0011.0013.0013.0016.0017.00
  Inventory11.1%11.0010.0010.0011.0011.0011.0011.0010.009.008.009.008.007.006.007.008.008.008.009.009.009.00
  Net PPE-24.5%0.000.001.000.000.000.000.000.000.000.001.001.001.000.000.001.001.001.001.001.001.00
  Goodwill0%1.001.001.001.001.001.001.001.001.001.001.001.000.001.001.001.001.001.001.001.001.00
Liabilities10.8%28.0025.0023.0023.0025.0025.0027.0026.0027.0025.0025.0024.0024.0011.0011.0010.0010.0012.0012.0013.0013.00
  Current Liabilities23.8%16.0013.0010.0012.0013.0012.0014.0012.0013.0013.0013.0011.0013.009.009.008.008.0010.009.0010.0010.00
  Long Term Debt-------------0.001.001.001.00-----
    LT Debt, Current-------------2.001.002.001.00-----
Shareholder's Equity-31.9%6.0010.0012.0013.0016.0017.0018.0019.0021.0023.0025.0027.0026.0017.0017.0019.0021.0023.0024.0026.0027.00
  Retained Earnings-4.4%-82.51-79.04-76.08-74.33-71.56-69.72-68.57-66.80-64.56-62.17-59.73-57.56-58.95-56.94-56.76-55.05-52.27-50.61-49.05-47.27-44.85
  Additional Paid-In Capital0.4%89.0088.0088.0088.0087.0087.0086.0086.0086.0085.0085.0084.0084.0074.0074.0074.0073.0073.0073.0073.0072.00
Shares Outstanding0%16.0016.0016.0016.0016.0016.0016.0016.0016.0016.0015.0015.00---------
Float----28.00---32.00---85.00---17.00---34.00-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-68.3%-1,648-979-1,782-1,141-2,843-1,590-2,106-2,570-3,253-1,738-644-1,23111,830-208410-1,986-1,453-189-2,563-1,364-3,797
  Share Based Compensation-100.0%-40637140047351637734438436561728036634524343695.00305158625615
Cashflow From Investing-109.4%-3.0032.00-82.00-16.00-43.00-83.00-57.00-120-26.00-37.00-51.00-52.00-5,416-9.00-5.00-11.00-68.00-66.00-133-147-163
Cashflow From Financing-100.0%-45.00-24.00-63.0037.00--26.00-53.006.0039.00-30.00-4329,889-1.00-25.002,495-2.00-5.00-50.00-8.00-93.00
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IRIX Income Statement

2024-03-30
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Income Statement [Abstract]  
Total revenues$ 11,761$ 13,706
Cost of revenues7,3037,768
Gross profit4,4585,938
Operating expenses:  
Research and development1,5361,749
Sales and marketing3,7474,283
General and administrative2,4682,250
Total operating expenses7,7518,282
Loss from operations(3,293)(2,344)
Other income (expense), net(133)266
Loss from operations before provision for income taxes(3,426)(2,078)
Provision for income taxes3812
Net loss$ (3,464)$ (2,090)
Net loss per share:  
Basic$ (0.21)$ (0.13)
Diluted$ (0.21)$ (0.13)
Weighted average shares used in computing net loss per common share:  
Basic16,25316,001
Diluted16,25316,001

IRIX Balance Sheet

2024-03-30
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 30, 2024
Dec. 30, 2023
Current assets:  
Cash and cash equivalents$ 5,419$ 7,034
Accounts receivable, net6,5256,727
Receivable from related party2,6212,927
Inventories11,0039,906
Prepaid expenses and other current assets2,010856
Total current assets27,57827,450
Property and equipment, net265351
Intangible assets, net1,5581,642
Goodwill965965
Operating lease right-of-use assets, net2,4022,632
Other long-term assets1,3241,396
Total assets34,09234,436
Current liabilities:  
Accounts payable7,6814,499
Payable to related party310228
Accrued compensation2,2561,619
Accrued expenses1,1121,996
Other current liabilities1,2651,233
Deferred revenue, current2,4472,404
Operating lease liabilities, current995995
Total current liabilities16,06612,974
Long-term liabilities:  
Deferred revenue9,70810,025
Operating lease liabilities1,5261,751
Other long-term liabilities304164
Total liabilities27,60424,914
Commitments and contingencies (Note 8)
Stockholders’ equity:  
Preferred stock, $0.01 par value, 2,000,000 shares authorized, no shares issued and outstanding00
Common stock, $0.01 par value:Authorized: 30,000,000 shares; Issued and outstanding 16,252,813 shares as of March 30, 2024 and December 30, 2023172172
Additional paid-in capital88,83888,444
Accumulated other comprehensive loss(16)(52)
Accumulated deficit(82,506)(79,042)
Total stockholders’ equity6,4889,522
Total liabilities and stockholders’ equity$ 34,092$ 34,436
IRIX
IRIDEX Corporation, an ophthalmic medical technology company, provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat sight-threatening eye diseases in ophthalmology. It offers laser consoles, such as Cyclo G6 laser system for use in the treatment of glaucoma; IQ 532 and IQ 577 laser systems, which are used for the treatment of retinal disorders; and OcuLight TX, OcuLight SL, OcuLight SLx, OcuLight GL, and OcuLight GLx laser photocoagulation systems that are used to treat proliferative diabetic retinopathy, macular holes, retinal tears, and detachments. The company also provides delivery devices, including TxCell scanning laser delivery system that allows the physician to perform multi-spot pattern scanning; slit lamp adapter, which allows the physician to utilize a standard slit lamp in diagnosis and treatment procedures; and laser indirect ophthalmoscope for use in procedures to treat peripheral retinal disorders. It offers MicroPulse P3 Probe, which is used with its Cylco G6 laser system to perform MicroPulse transscleral laser therapy; G-Probe, which is used in procedures to treat uncontrolled glaucoma; G-Probe and G-Probe Illuminate, which are used in procedures to treat refractory glaucoma; and EndoProbe family of products for use in vitrectomy procedures. The company serves ophthalmologists, research and teaching hospitals, government installations, surgical centers, hospitals, veterinary practices, and office clinics. It markets its products through direct and independent sales force in the United States, as well as through independent distributors internationally. The company was formerly known as IRIS Medical Instruments, Inc. and changed its name to IRIDEX Corporation in November 1995. IRIDEX Corporation was incorporated in 1989 and is headquartered in Mountain View, California.
 CEO
 WEBSITEiridex.com
 INDUSTRYMedical Instruments & Supplies
 EMPLOYEES130

IRIDEX Corp Frequently Asked Questions


What is the ticker symbol for IRIDEX Corp? What does IRIX stand for in stocks?

IRIX is the stock ticker symbol of IRIDEX Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of IRIDEX Corp (IRIX)?

As of Fri May 17 2024, market cap of IRIDEX Corp is 44.05 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of IRIX stock?

You can check IRIX's fair value in chart for subscribers.

What is the fair value of IRIX stock?

You can check IRIX's fair value in chart for subscribers. The fair value of IRIDEX Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of IRIDEX Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for IRIX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is IRIDEX Corp a good stock to buy?

The fair value guage provides a quick view whether IRIX is over valued or under valued. Whether IRIDEX Corp is cheap or expensive depends on the assumptions which impact IRIDEX Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for IRIX.

What is IRIDEX Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, IRIX's PE ratio (Price to Earnings) is -4.02 and Price to Sales (PS) ratio is 0.88. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. IRIX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on IRIDEX Corp's stock?

In the past 10 years, IRIDEX Corp has provided -0.111 (multiply by 100 for percentage) rate of return.