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LHDX

Lucira Health Inc

$2.32

Earnings Summary

Revenue
$90.47Mn
Net Profits
$13.08Mn
Net Profit Margins
14.45%

Highlights

Revenue:

Lucira Health Inc’s revenue jumped 1903.41% since last year same period to $90.47Mn in the Q1 2022. On a quarterly growth basis, Lucira Health Inc has generated 48.02% jump in its revenue since last 3-months.

Net Profits:

Lucira Health Inc’s net profit jumped 198.21% since last year same period to $13.08Mn in the Q1 2022. On a quarterly growth basis, Lucira Health Inc has generated 267.34% jump in its net profits since last 3-months.

Net Profit Margins:

Lucira Health Inc’s net profit margin jumped 104.9% since last year same period to 14.45% in the Q1 2022. On a quarterly growth basis, Lucira Health Inc has generated 213.06% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Lucira Health Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.34
EPS Estimate Current Year
-0.34

Highlights

EPS Estimate Current Quarter:

Lucira Health Inc’s earning per share (EPS) estimates for the current quarter stand at -0.34 - a -325% fall from last quarter’s estimates.

EPS Estimate Current Year:

Lucira Health Inc’s earning per share (EPS) estimates for the current year stand at -0.34.

Key Ratios

Key ratios of the Lucira Health Inc post its Q1 2022 earnings

Earning Per Share (EPS)
0.4
Return on Assets (ROA)
-0.07
Return on Equity (ROE)
-0.18
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Lucira Health Inc’s earning per share (EPS) jumped 174.07% since last year same period to 0.4 in the Q1 2022. This indicates that the Lucira Health Inc has generated 174.07% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Lucira Health Inc’s return on assets (ROA) stands at -0.07.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Lucira Health Inc’s return on equity (ROE) stands at -0.18.

Dividend Per Share (DPS):

Lucira Health Inc declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-16
-0.08
0.4
600%

Company Information

Lucira Health is a medical technology company focused on the development and commercialization of transformative and innovative infectious disease test kits. Lucira has developed a testing platform that produces centralized-laboratory-accurate molecular testing in a single-use and consumer-friendly test kit that is powered by two AA batteries and fits in the palm of a hand. Lucira designed its test kits to provide accurate, reliable and on-the-spot molecular test results anywhere and at any time. The LUCIRA COVID19 All-In-One Test Kit is designed to provide a clinically relevant COVID-19 result within 30 minutes from sample collection.

Organisation
Lucira Health Inc
Employees
57