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RVP

Retractable Technologies Inc

$3.54

Earnings Summary

Revenue
$44.74Mn
Net Profits
$7.62Mn
Net Profit Margins
17.02%
PE Ratio
2.97

Highlights

Revenue:

Retractable Technologies Inc’s revenue fell -10.65% since last year same period to $44.74Mn in the Q1 2022. On a quarterly growth basis, Retractable Technologies Inc has generated 62.28% jump in its revenue since last 3-months.

Net Profits:

Retractable Technologies Inc’s net profit fell -57.58% since last year same period to $7.62Mn in the Q1 2022. On a quarterly growth basis, Retractable Technologies Inc has generated -63.6% fall in its net profits since last 3-months.

Net Profit Margins:

Retractable Technologies Inc’s net profit margin fell -52.53% since last year same period to 17.02% in the Q1 2022. On a quarterly growth basis, Retractable Technologies Inc has generated -77.57% fall in its net profit margins since last 3-months.

PE Ratio:

Retractable Technologies Inc’s price-to-earnings ratio after this Q1 2022 earnings stands at 2.97.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Retractable Technologies Inc post its latest quarter earnings

EPS Estimate Current Year
0

Highlights

EPS Estimate Current Year:

Retractable Technologies Inc’s earning per share (EPS) estimates for the current year stand at 0.

Key Ratios

Key ratios of the Retractable Technologies Inc post its Q1 2022 earnings

Earning Per Share (EPS)
0.61
Return on Assets (ROA)
0.21
Return on Equity (ROE)
0.53
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Retractable Technologies Inc’s earning per share (EPS) jumped 97.39% since last year same period to 0.61 in the Q1 2022. This indicates that the Retractable Technologies Inc has generated 97.39% 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. Retractable Technologies Inc’s return on assets (ROA) stands at 0.21.

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. Retractable Technologies Inc’s return on equity (ROE) stands at 0.53.

Dividend Per Share (DPS):

Retractable Technologies Inc declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2021-03-31
0
0.52
+Inf%

Company Information

Retractable manufactures and markets VanishPoint® and Patient Safe® safety medical products and the EasyPoint® needle. The VanishPoint® syringe, blood collection, and IV catheter products are designed to prevent needlestick injuries and product reuse by retracting the needle directly from the patient, effectively reducing exposure to the contaminated needle. Patient Safe® syringes are uniquely designed to reduce the risk of bloodstream infections resulting from catheter hub contamination. The EasyPoint® is a retractable needle that can be used with luer lock syringes, luer slip syringes, and prefilled syringes to give injections. The EasyPoint® needle also can be used to aspirate fluids and for blood collection. Retractable's products are distributed by various specialty and general line distributors.

Organisation
Retractable Technologies Inc
Employees
180
Industry
Health Technology