Laser Photonics Corporation has released its annual report for the fiscal year ending December 31, 2024. The company's net sales increased towards the second half of the year, primarily due to the acquisition of Control Micro Systems, Inc. $(CMS)$ and steady sales of traditional products. Despite competitive pressures, sales remained stable due to lower prices and proprietary know-how. The net loss for the year was reported at $2.52 million, a decrease from the $3.32 million net loss recorded in 2023. The company attributed the loss to increased expenses related to scaling up sales and production, as well as costs associated with public company operations and research and development for new laser blasting equipment. No significant impact from inflation was reported for the period. The company continues to focus on expanding its laser equipment offerings for material processing and anticipates a decline in expenses as a percentage of net sales as sales grow beyond fixed costs.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。