RXST - RxSight, Inc.
Price:
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--
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CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$10.25
DETAILS
HIGH:
$11.00
LOW:
$9.00
MEDIAN:
$10.50
CONSENSUS:
$10.25
UPSIDE:
68.45%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 134.5 | 139.9 | 89.1 | 49.0 | 22.6 | 14.7 | 2.2 |
| Cost of Revenue | 31.5 | 41.0 | 35.3 | 27.7 | 18.1 | 13.0 | 4.1 |
| Gross Profit | 103.0 | 98.9 | 53.8 | 21.3 | 4.5 | 1.7 | (1.8) |
| Operating Expenses | |||||||
| R&D Expenses | 38.5 | 34.4 | 29.1 | 26.0 | 24.5 | 21.9 | 29.6 |
| SG&A Expenses | 112.6 | 101.4 | 74.8 | 58.7 | 32.8 | 15.2 | 15.2 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | (0.5) |
| Operating Expenses | 151.2 | 135.8 | 103.8 | 84.6 | 57.3 | 37.1 | 44.3 |
| Operating Income | |||||||
| Operating Income | (48.2) | (36.9) | (50.1) | (63.3) | (52.8) | (35.4) | (46.1) |
| Interest Expense | 0.0 | 0.0 | 3.3 | 4.9 | 3.7 | 0.5 | 0.0 |
| Interest Income | 2.5 | 9.5 | 6.6 | 1.5 | 0.1 | 0.5 | 2.3 |
| Profitability | |||||||
| EBITDA | (39.6) | (23.8) | (41.0) | (57.8) | (41.0) | 32.2 | 130.2 |
| EBIT | (38.8) | (27.4) | (45.3) | (61.8) | (45.0) | 28.1 | 126.3 |
| Income Before Tax | (38.9) | (27.4) | (48.6) | (66.7) | (48.7) | 27.6 | 126.2 |
| Income Tax Expense | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 |
| Net Income | (38.9) | (27.5) | (48.6) | (66.8) | (48.7) | 27.6 | 126.2 |
| Per Share Data | |||||||
| EPS (Basic) | -0.95 | -0.71 | -1.41 | -2.41 | -1.78 | 0.18 | 0.95 |
| EPS (Diluted) | -0.95 | -0.71 | -1.41 | -2.41 | -1.78 | 0.18 | 6.62 |
| Shares Outstanding | 41.2 | 38.9 | 34.5 | 27.7 | 27.4 | 19.1 | 19.1 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 19.9 | 16.7 | 9.7 | 11.8 | 24.4 | 14.0 | 8.0 |
| Short-Term Investments | 208.2 | 220.5 | 117.5 | 94.0 | 135.0 | 55.0 | 72.7 |
| Net Receivables | 23.4 | 30.1 | 20.3 | 11.0 | 4.9 | 2.9 | 0.8 |
| Inventory | 31.6 | 22.0 | 17.4 | 14.8 | 8.0 | 8.3 | 7.2 |
| Other Current Assets | 4.4 | 4.5 | 3.5 | 3.0 | 0 | 0 | 0 |
| Total Current Assets | 287.5 | 293.8 | 168.4 | 134.6 | 176.3 | 81.5 | 90.2 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 23.0 | 23.6 | 13.3 | 14.1 | 15.5 | 18.6 | 19.2 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0.8 | 0.7 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.3 | 0.4 | 0.1 | 1.5 | 0.9 | 0.6 | 1.0 |
| Total Non-Current Assets | 24.4 | 24.7 | 14.1 | 15.6 | 16.4 | 19.2 | 20.2 |
| Total Assets | 311.8 | 318.6 | 182.6 | 150.2 | 192.7 | 100.7 | 110.4 |
| Current Liabilities | |||||||
| Account Payables | 5.3 | 4.5 | 3.9 | 2.6 | 1.7 | 1.1 | 2.2 |
| Short-Term Debt | 1.2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 3.1 | 2.0 | 1.3 | 0.6 | 0.4 | 0.4 |
| Other Current Liabilities | 19.8 | 17.2 | 2.6 | 10.9 | 6.9 | 8.8 | 4.9 |
| Total Current Liabilities | 26.3 | 25.9 | 20.9 | 17.2 | 11.1 | 11.6 | 8.5 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 9.9 | 0 | 0 | 40.2 | 39.8 | 24.4 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0.1 | 0.1 | 0 | 0 | 357.1 | 402.1 |
| Total Non-Current Liabilities | 9.9 | 11.4 | 1.3 | 43.0 | 43.4 | 386.6 | 406.6 |
| Total Liabilities | 36.1 | 37.3 | 22.2 | 60.3 | 54.5 | 398.2 | 415.0 |
| Stockholders' Equity | |||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 80.8 | 56.4 |
| Retained Earnings | (661.0) | (622.1) | (594.6) | (546.0) | (479.3) | (430.6) | (419.9) |
| Accumulated Other Comprehensive Income | 0.1 | 0.2 | (0.0) | (0.1) | (0.0) | (0.0) | 0.0 |
| Total Stockholders' Equity | 275.7 | 281.2 | 160.4 | 89.9 | 138.2 | (297.5) | (304.6) |
| Total Liabilities & Equity | 311.8 | 318.6 | 182.6 | 150.2 | 192.7 | 100.7 | 110.4 |
| Debt Metrics | |||||||
| Total Debt | 11.0 | 12.3 | 3.0 | 45.0 | 44.9 | 30.8 | 5.5 |
| Net Debt | (8.9) | (4.4) | (6.7) | 33.2 | 20.6 | 16.8 | (2.4) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | 0 | (27.5) | (48.6) | (66.8) | (48.7) | 27.6 | 126.2 |
| Depreciation & Amortization | 0 | 3.6 | 4.2 | 4.0 | 4.0 | 4.0 | 3.9 |
| Stock-Based Compensation | 0 | 24.6 | 15.7 | 11.4 | 7.6 | 4.2 | 4.6 |
| Change in Working Capital | (4.9) | (9.2) | (9.1) | (7.4) | (2.7) | (7.8) | (4.0) |
| Other Non-Cash Items | (10.6) | (8.5) | (3.9) | (0.1) | 0.5 | 0.1 | (171.4) |
| Operating Cash Flow | (15.5) | (16.9) | (41.6) | (58.9) | (44.7) | (35.2) | (40.6) |
| Investing Activities | |||||||
| Capital Expenditure | (3.8) | (5.4) | (4.8) | (2.4) | (1.9) | (2.5) | (4.1) |
| Acquisitions | 0 | 0 | 17.3 | (42.3) | 80.0 | 0.0 | 0.6 |
| Purchases of Investments | (239.3) | (336.9) | (272.3) | (212.7) | (160.0) | (97.9) | (132.4) |
| Sales/Maturities of Investments | 260 | 243 | 255 | 255 | 80 | 116 | 130 |
| Other Investing Activities | 0 | 0 | (17.3) | 42.3 | (80.0) | 0 | 0 |
| Investing Cash Flow | 16.9 | (99.3) | (22.1) | 40.0 | (81.9) | 15.6 | (5.9) |
| Financing Activities | |||||||
| Net Debt Issuance | (0.0) | (0.1) | (40.2) | (0.1) | 15.0 | 24.9 | (0.2) |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (2.1) | (5.5) | (4.3) | (1.4) | 1.2 | (0.6) | 1.5 |
| Financing Cash Flow | 1.9 | 123.3 | 61.5 | 6.3 | 137.3 | 25.2 | 1.3 |
| Cash Position | |||||||
| Net Change in Cash | 3.2 | 7.1 | (2.2) | (12.6) | 10.7 | 5.6 | (45.2) |
| Cash at Beginning | 16.7 | 10.4 | 12.6 | 25.2 | 14.5 | 8.8 | 54.0 |
| Cash at End | 19.9 | 17.5 | 10.4 | 12.6 | 25.2 | 14.5 | 8.8 |
| Free Cash Flow | (19.3) | (22.4) | (46.4) | (61.2) | (46.6) | (37.7) | (44.7) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 134.5 | 139.9 | 89.1 | 49.0 | 22.6 | 14.7 | 2.2 |
| Gross Profit | 103.0 | 98.9 | 53.8 | 21.3 | 4.5 | 1.7 | (1.8) |
| Operating Income | (48.2) | (36.9) | (50.1) | (63.3) | (52.8) | (35.4) | (46.1) |
| Net Income | (38.9) | (27.5) | (48.6) | (66.8) | (48.7) | 27.6 | 126.2 |
| EPS (Diluted) | -0.95 | -0.71 | -1.41 | -2.41 | -1.78 | 0.18 | 6.62 |
| Balance Sheet | |||||||
| Cash & Equivalents | 19.9 | 16.7 | 9.7 | 11.8 | 24.4 | 14.0 | 8.0 |
| Total Assets | 311.8 | 318.6 | 182.6 | 150.2 | 192.7 | 100.7 | 110.4 |
| Total Debt | 11.0 | 12.3 | 3.0 | 45.0 | 44.9 | 30.8 | 5.5 |
| Stockholders' Equity | 275.7 | 281.2 | 160.4 | 89.9 | 138.2 | (297.5) | (304.6) |
| Cash Flow | |||||||
| Operating Cash Flow | (15.5) | (16.9) | (41.6) | (58.9) | (44.7) | (35.2) | (40.6) |
| Capital Expenditure | (3.8) | (5.4) | (4.8) | (2.4) | (1.9) | (2.5) | (4.1) |
| Free Cash Flow | (19.3) | (22.4) | (46.4) | (61.2) | (46.6) | (37.7) | (44.7) |