Retractable Technologies, Inc. (RVP) 10-Year Financial Performance & Capital Metrics

RVP • • Industrial / General

HealthcareMedical InstrumentsMedical Consumables & DisposablesSafety Syringes & Injectables

AboutRetractable Technologies, Inc. designs, develops, manufactures, and markets safety syringes and other safety medical products for the healthcare profession in the United States, rest of North and South America, and internationally. It offers VanishPoint insulin syringes; tuberculin, insulin, and allergy antigen syringes; small diameter tube adapters; blood collection tube holders; allergy trays; IV safety catheters; Patient Safe syringes and Luer Caps; VanishPoint blood collection sets; EasyPoint needles; and VanishPoint autodisable syringes. The company distributes its products through general line and specialty distributors, as well as through international distributors; and a direct marketing network. Retractable Technologies, Inc. was incorporated in 1994 and is headquartered in Little Elm, Texas.Show more

Revenue $33M -24.2%
EBITDA -$14M -241.7%
Net Income -$12M -69.5%
EPS (Diluted) -0.40 -66.7%
Gross Margin -3.11% -114.9%
EBITDA Margin -40.96% -350.8%
Operating Margin -63.86% -142.3%
Net Margin -35.97% -123.6%
ROE -12.75% -87.2%
ROIC -18.37% -89.6%
Debt/Equity 0.01 -8.7%
Interest Coverage -172.29 -128.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Trading at only 0.2x book value

✗Weaknesses

✗Negative free cash flow
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-0.43%

5Y-4.59%

3Y-44.02%

TTM-0.24%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM51.09%

EPS CAGR

10Y-

5Y-

3Y-

TTM50.67%

ROCE

10Y Avg5.09%

5Y Avg15.83%

3Y Avg-6.59%

Latest-13.1%

Peer Comparison

Safety Syringes & Injectables

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
UTMDUtah Medical Products, Inc.	193.09M	60.27	15.22	-18.56%	32.33%	10.68%	7.56%	0.00
STSSSharps Technology, Inc.	66.69M	2.30	-0.00		-324.78%	-4.98%		1.89
RVPRetractable Technologies, Inc.	21.26M	0.71	-1.78	-24.19%	-22.9%	-11.43%		0.01
XRAYDENTSPLY SIRONA Inc.	2.51B	12.58	-2.81	-4.34%	-24.34%	-59.68%	11.19%	1.17
ZTEKZentek Ltd.	93.36M	0.87	-8.70	28.26%	-8.95%	-70.13%		0.05

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	29.55M	29.83M	34.49M	33.27M	41.8M	81.86M	188.38M	94.82M	43.6M	33.05M
Revenue Growth %	-0.14%	0.01%	0.16%	-0.04%	0.26%	0.96%	1.3%	-0.5%	-0.54%	-0.24%
Cost of Goods Sold+	18.99M	19.48M	24.52M	23.05M	27.66M	44.85M	93.03M	66.57M	34.49M	34.08M
COGS % of Revenue	0.64%	0.65%	0.71%	0.69%	0.66%	0.55%	0.49%	0.7%	0.79%	1.03%
Gross Profit+	10.57M	10.34M	9.97M	10.22M	14.14M	37.01M	95.35M	28.25M	9.11M	-1.03M
Gross Margin %	0.36%	0.35%	0.29%	0.31%	0.34%	0.45%	0.51%	0.3%	0.21%	-0.03%
Gross Profit Growth %	-0.12%	-0.02%	-0.04%	0.03%	0.38%	1.62%	1.58%	-0.7%	-0.68%	-1.11%
Operating Expenses+	13.77M	13.39M	13.75M	11.8M	11.17M	12.94M	22.76M	29.11M	20.6M	20.08M
OpEx % of Revenue	0.47%	0.45%	0.4%	0.35%	0.27%	0.16%	0.12%	0.31%	0.47%	0.61%
Selling, General & Admin	13.17M	12.82M	13.01M	11.18M	10.65M	12.36M	21.86M	28.58M	20.01M	19.4M
SG&A % of Revenue	0.45%	0.43%	0.38%	0.34%	0.25%	0.15%	0.12%	0.3%	0.46%	0.59%
Research & Development	607.53K	571.84K	740.57K	621.37K	516.1K	574.53K	901.38K	525.73K	581.17K	673.94K
R&D % of Revenue	0.02%	0.02%	0.02%	0.02%	0.01%	0.01%	0%	0.01%	0.01%	0.02%
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	-3.21M	-3.51M	-3.78M	-1.32M	2.97M	24.07M	72.6M	-852.98K	-11.49M	-21.11M
Operating Margin %	-0.11%	-0.12%	-0.11%	-0.04%	0.07%	0.29%	0.39%	-0.01%	-0.26%	-0.64%
Operating Income Growth %	-0.49%	-0.09%	-0.08%	0.65%	3.25%	7.1%	2.02%	-1.01%	-12.47%	-0.84%
EBITDA+	-2.35M	-2.63M	-2.94M	-433.38K	3.82M	24.9M	73.85M	3.75M	-3.96M	-13.54M
EBITDA Margin %	-0.08%	-0.09%	-0.09%	-0.01%	0.09%	0.3%	0.39%	0.04%	-0.09%	-0.41%
EBITDA Growth %	-1.17%	-0.12%	-0.12%	0.85%	9.82%	5.51%	1.97%	-0.95%	-2.06%	-2.42%
D&A (Non-Cash Add-back)	858.39K	872.87K	834.95K	886.81K	852.08K	832.07K	1.26M	4.6M	7.53M	7.57M
EBIT	4.54M	-3.48M	-3.71M	-1.18M	3.32M	26.33M	75.18M	5.33M	-8.76M	-3.4M
Net Interest Income+	-194.75K	-186.77K	-145.07K	-23.73K	184.27K	132.48K	39.28K	-160.7K	1.29M	877.93K
Interest Income	24.92K	26.52K	65.69K	153.46K	351.17K	392.75K	266.47K	9.95K	1.45M	1M
Interest Expense	219.67K	213.29K	210.76K	177.19K	166.9K	260.26K	227.18K	170.65K	152.17K	122.5K
Other Income/Expense	7.53M	-642.89K	-145.07K	236.78K	184.27K	2M	2.36M	6.02M	2.57M	17.59M
Pretax Income+	4.32M	-3.69M	-3.92M	-1.35M	3.16M	26.07M	74.95M	5.16M	-8.92M	-3.52M
Pretax Margin %	0.15%	-0.12%	-0.11%	-0.04%	0.08%	0.32%	0.4%	0.05%	-0.2%	-0.11%
Income Tax+	7.88K	1.13K	-187.61K	-13.32K	7.88K	1.85M	18.89M	83.87K	-1.91M	8.37M
Effective Tax Rate %	1%	1%	0.95%	0.99%	1%	0.93%	0.75%	0.98%	0.79%	3.38%
Net Income+	4.31M	-3.69M	-3.74M	-1.34M	3.15M	24.22M	56.06M	5.08M	-7.01M	-11.89M
Net Margin %	0.15%	-0.12%	-0.11%	-0.04%	0.08%	0.3%	0.3%	0.05%	-0.16%	-0.36%
Net Income Growth %	2.83%	-1.86%	-0.01%	0.64%	3.35%	6.69%	1.31%	-0.91%	-2.38%	-0.7%
Net Income (Continuing)	4.31M	-3.69M	-3.74M	-1.34M	3.15M	24.22M	56.06M	5.08M	-7.01M	-11.89M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.20	-0.13	-0.12	-0.04	0.07	0.80	1.63	0.15	-0.24	-0.40
EPS Growth %	3.33%	-1.65%	0.08%	0.66%	2.82%	9.7%	1.04%	-0.91%	-2.6%	-0.67%
EPS (Basic)	0.21	-0.13	-0.12	-0.04	0.07	0.80	1.65	0.15	-0.24	-0.40
Diluted Shares Outstanding	29.48M	29.35M	31.96M	32.67M	32.67M	33.3M	34.24M	32.96M	29.94M	29.94M
Basic Shares Outstanding	27.82M	29.33M	31.72M	32.67M	32.67M	33.17M	33.87M	32.9M	29.94M	29.94M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	30.81M	26.68M	26.61M	23.85M	28.41M	69.48M	104.51M	88.81M	77.65M	73.27M
Cash & Short-Term Investments	18.05M	16.2M	14.88M	10.64M	13.71M	25.65M	42.43M	49.38M	47.29M	44.56M
Cash Only	18.05M	16.2M	14.88M	9.65M	5.93M	17.57M	29.16M	19.72M	12.67M	4.24M
Short-Term Investments	0	0	0	996.23K	7.77M	8.08M	13.27M	29.66M	34.62M	40.33M
Accounts Receivable	4.9M	3.27M	5.11M	5.01M	6.61M	32.91M	40.78M	17.48M	11.83M	8.77M
Days Sales Outstanding	60.53	39.99	54.02	54.99	57.76	146.74	79.02	67.29	99.02	96.81
Inventory	6.3M	7.02M	6.21M	7.55M	7.45M	10.23M	20.59M	20.68M	17.58M	19.19M
Days Inventory Outstanding	121.04	131.45	92.38	119.46	98.32	83.28	80.78	113.42	186.06	205.54
Other Current Assets	1.57M	192.55K	418.15K	644.8K	635.2K	684.32K	701.97K	1.26M	952.67K	753.06K
Total Non-Current Assets+	11.73M	12.1M	11.55M	12.95M	17.43M	35.49M	108.65M	121.93M	102.02M	87.45M
Property, Plant & Equipment	11.47M	12.09M	11.35M	10.85M	10.71M	30.82M	87.93M	100.15M	93.48M	87.35M
Fixed Asset Turnover	2.58x	2.47x	3.04x	3.07x	3.90x	2.66x	2.14x	0.95x	0.47x	0.38x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	257.18K	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	1.99M	50.39K	0	0	0	0	0
Other Non-Current Assets	4.92K	10.29K	194.51K	103.68K	5.96K	44.57K	5.67K	184.52K	152.06K	103.63K
Total Assets+	42.54M	38.78M	38.16M	36.79M	45.84M	104.97M	213.15M	210.74M	179.67M	160.72M
Asset Turnover	0.69x	0.77x	0.90x	0.90x	0.91x	0.78x	0.88x	0.45x	0.24x	0.21x
Asset Growth %	-0.06%	-0.09%	-0.02%	-0.04%	0.25%	1.29%	1.03%	-0.01%	-0.15%	-0.11%
Total Current Liabilities+	8.1M	7.17M	7.9M	8.54M	8.26M	27.9M	35.32M	12.14M	9.38M	8.78M
Accounts Payable	5.7M	4.47M	4.96M	5.37M	5.01M	16.26M	20.4M	6.4M	4.78M	4.29M
Days Payables Outstanding	109.53	83.77	73.79	85.02	66.08	132.29	80.06	35.12	50.58	45.96
Short-Term Debt	249.35K	430.39K	410.95K	406.36K	343.3K	1.03M	1.39M	1.38M	303.99K	332.48K
Deferred Revenue (Current)	395.4K	692.92K	355.74K	860.93K	998.6K	1000K	1000K	435.92K	201.49K	376.56K
Other Current Liabilities	1.38M	1.72M	1.62M	540.85K	1.28M	826.76K	5.18M	2.85M	865.11K	1.07M
Current Ratio	3.81x	3.72x	3.37x	2.79x	3.44x	2.49x	2.96x	7.32x	8.28x	8.34x
Quick Ratio	3.03x	2.74x	2.58x	1.91x	2.54x	2.12x	2.38x	5.61x	6.41x	6.16x
Cash Conversion Cycle	72.05	87.67	72.61	89.44	90	97.74	79.75	145.59	234.5	256.39
Total Non-Current Liabilities+	3.42M	3.5M	3.08M	2.64M	9.04M	27.19M	78.66M	92.07M	71.01M	64.77M
Long-Term Debt	3.42M	3.5M	3.08M	2.64M	2.38M	2.71M	2.85M	1.53M	1.23M	900.04K
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	0	0	0	7.43M	6.66M	2.19M	6.85M	15.08M	0	0
Other Non-Current Liabilities	0	0	0	82.36K	0	24.48M	68.96M	75.46M	69.77M	63.87M
Total Liabilities	11.51M	10.67M	10.98M	11.18M	17.29M	55.09M	113.98M	104.21M	80.38M	73.55M
Total Debt+	3.67M	3.93M	3.49M	3.05M	2.72M	3.74M	4.24M	2.92M	1.54M	1.23M
Net Debt	-14.38M	-12.27M	-11.39M	-6.6M	-3.21M	-13.83M	-24.92M	-16.8M	-11.13M	-3M
Debt / Equity	0.12x	0.14x	0.13x	0.12x	0.10x	0.08x	0.04x	0.03x	0.02x	0.01x
Debt / EBITDA	-	-	-	-	0.71x	0.15x	0.06x	0.78x	-	-
Net Debt / EBITDA	-	-	-	-	-0.84x	-0.56x	-0.34x	-4.48x	-	-
Interest Coverage	-14.60x	-16.44x	-17.93x	-7.45x	17.81x	92.49x	319.54x	-5.00x	-75.50x	-172.29x
Total Equity+	31.03M	28.11M	27.17M	25.61M	28.54M	49.88M	99.17M	106.54M	99.29M	87.17M
Equity Growth %	0.16%	-0.09%	-0.03%	-0.06%	0.11%	0.75%	0.99%	0.07%	-0.07%	-0.12%
Book Value per Share	1.05	0.96	0.85	0.78	0.87	1.50	2.90	3.23	3.32	2.91
Total Shareholders' Equity	31.03M	28.11M	27.17M	25.61M	28.54M	49.88M	99.17M	106.54M	99.29M	87.17M
Common Stock	0	0	0	0	0	0	0	0	0	0
Retained Earnings	-28.02M	-31.96M	-35.7M	-37.04M	-33.89M	-9.67M	41.18M	46.03M	38.79M	26.67M
Treasury Stock	0	0	0	0	0	0	-5.27M	-12.89M	-12.89M	-12.89M
Accumulated OCI	-22.09M	-22.95M	-23.78M	-24.67M	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-3.25M	-794.91K	-2.92M	-1.2M	2.19M	19M	32.79M	16.77M	2.77M	-11.56M
Operating CF Margin %	-0.11%	-0.03%	-0.08%	-0.04%	0.05%	0.23%	0.17%	0.18%	0.06%	-0.35%
Operating CF Growth %	0.16%	0.76%	-2.68%	0.59%	2.84%	7.66%	0.73%	-0.49%	-0.83%	-5.18%
Net Income	4.31M	-3.69M	-3.74M	-1.34M	3.15M	24.22M	56.06M	5.08M	-7.01M	-11.89M
Depreciation & Amortization	858.39K	872.87K	834.95K	886.81K	852.08K	832.07K	1.26M	4.6M	7.53M	7.57M
Stock-Based Compensation	0	387.73K	672.22K	0	0	0	3.66M	10.13M	0	0
Deferred Taxes	0	548.12K	0	0	0	-4.63M	-9.23M	7.35M	-1.87M	8.39M
Other Non-Cash Items	-7.61M	176.42K	24.27K	-249.94K	-137.24K	-1.94M	-1.63M	-5.47M	-467.04K	-16.14M
Working Capital Changes	-816.43K	914.86K	-718.04K	-492.43K	-1.67M	513.18K	-17.32M	-4.92M	4.59M	504.16K
Change in Receivables	624.7K	1.54M	-1.86M	145.41K	-1.65M	-14.63M	-13.88M	29.7M	3M	2.49M
Change in Inventory	-1.63M	-897.02K	811.06K	-1.04M	94.5K	-2.78M	-10.36M	-94.25K	2.93M	-1.61M
Change in Payables	554.72K	-1.23M	485.99K	411.93K	-362.07K	11.25M	4.15M	-14M	-1.63M	-488.45K
Cash from Investing+	-864.11K	-1.95M	-91.88K	-3.37M	-5.28M	-19.33M	-63.04M	-31.2M	-10.76M	3.66M
Capital Expenditures	-1.47M	-1.95M	-91.88K	-382.16K	-632.08K	-21.05M	-58.37M	-16.83M	-852.98K	-1.44M
CapEx % of Revenue	0.05%	0.07%	0%	0.01%	0.02%	0.26%	0.31%	0.18%	0.02%	0.04%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	600.9K	0	0	-2.99M	-4.65M	1.72M	-4.67M	-3.76M	0	0
Cash from Financing+	32.34K	896.08K	1.69M	-666.8K	-626.84K	11.96M	41.84M	4.99M	941.64K	-535.43K
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-283.54K	-220.75K	-220.45K	-220.45K	-219.82K	-216.64K	-3.82M	-252.88K	-232.44K	-230.44K
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	223.83K	855.02K	0	0	0	11.56M	52.41M	14.25M	2.56M	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-4.72M	-2.74M	-3.01M	-1.58M	1.56M	-2.05M	-25.57M	-61.95K	1.91M	-13M
FCF Margin %	-0.16%	-0.09%	-0.09%	-0.05%	0.04%	-0.03%	-0.14%	-0%	0.04%	-0.39%
FCF Growth %	0.03%	0.42%	-0.1%	0.48%	1.99%	-2.31%	-11.46%	1%	31.89%	-7.79%
FCF per Share	-0.16	-0.09	-0.09	-0.05	0.05	-0.06	-0.75	-0.00	0.06	-0.43
FCF Conversion (FCF/Net Income)	-0.75x	0.22x	0.78x	0.89x	0.70x	0.78x	0.58x	3.30x	-0.39x	0.97x
Interest Paid	219.67K	213.29K	210.76K	177.19K	0	260.26K	118.16K	110.54K	0	0
Taxes Paid	3.7K	2K	1.03K	1.17K	0	2.11M	27.12M	12.32M	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	14.91%	-12.5%	-13.52%	-5.08%	11.63%	61.78%	75.23%	4.94%	-6.81%	-12.75%
Return on Invested Capital (ROIC)	-19.31%	-16.19%	-17.92%	-5.69%	10.05%	58.82%	98.72%	-0.78%	-9.69%	-18.37%
Gross Margin	35.75%	34.67%	28.91%	30.72%	33.83%	45.21%	50.62%	29.8%	20.89%	-3.11%
Net Margin	14.6%	-12.39%	-10.83%	-4.03%	7.53%	29.59%	29.76%	5.36%	-16.08%	-35.97%
Debt / Equity	0.12x	0.14x	0.13x	0.12x	0.10x	0.08x	0.04x	0.03x	0.02x	0.01x
Interest Coverage	-14.60x	-16.44x	-17.93x	-7.45x	17.81x	92.49x	319.54x	-5.00x	-75.50x	-172.29x
FCF Conversion	-0.75x	0.22x	0.78x	0.89x	0.70x	0.78x	0.58x	3.30x	-0.39x	0.97x
Revenue Growth	-14.39%	0.93%	15.65%	-3.53%	25.61%	95.86%	130.12%	-49.67%	-54.02%	-24.19%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
License	-	-	-	-	-	-	-	-	-	189K
License Growth	-	-	-	-	-	-	-	-	-	-
Other Products	-	-	-	-	-	-	-	-	-	45.85K
Other Products Growth	-	-	-	-	-	-	-	-	-	-
Other international sales	-	-	-	-	-	-	-	13.47M	2.91M	-
Other international sales Growth	-	-	-	-	-	-	-	-	-78.38%	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
North and South America (excluding U.S)	-	-	-	-	-	-	14.56M	-	-	-
North and South America (excluding U.S) Growth	-	-	-	-	-	-	-	-	-	-
North And South America Excluding United States	5.67M	2.74M	6.38M	3.52M	7.86M	5.73M	-	-	-	-
North And South America Excluding United States Growth	-	-51.64%	132.74%	-44.81%	123.29%	-27.09%	-	-	-	-
U	23.03M	26.31M	27.02M	23.8M	26.72M	-	-	-	-	-
U Growth	-	14.23%	2.69%	-11.89%	12.26%	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Retractable Technologies, Inc. (RVP) reported $38.2M in revenue for fiscal year 2024. This represents a 19% increase from $32.1M in 2011.

Retractable Technologies, Inc. (RVP) saw revenue decline by 24.2% over the past year.

Retractable Technologies, Inc. (RVP) reported a net loss of $8.7M for fiscal year 2024.

Dividend & Returns

Yes, Retractable Technologies, Inc. (RVP) pays a dividend with a yield of 1.08%. This makes it attractive for income-focused investors.

Retractable Technologies, Inc. (RVP) has a return on equity (ROE) of -12.7%. Negative ROE indicates the company is unprofitable.

Retractable Technologies, Inc. (RVP) had negative free cash flow of $13.6M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

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Retractable Technologies, Inc. (RVP) 10-Year Financial Performance & Capital Metrics

RVP • • Industrial / General

HealthcareMedical InstrumentsMedical Consumables & DisposablesSafety Syringes & Injectables

Revenue $33M -24.2%
EBITDA -$14M -241.7%
Net Income -$12M -69.5%
EPS (Diluted) -0.40 -66.7%
Gross Margin -3.11% -114.9%
EBITDA Margin -40.96% -350.8%
Operating Margin -63.86% -142.3%
Net Margin -35.97% -123.6%
ROE -12.75% -87.2%
ROIC -18.37% -89.6%
Debt/Equity 0.01 -8.7%
Interest Coverage -172.29 -128.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Trading at only 0.2x book value

✗Weaknesses

✗Negative free cash flow
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-0.43%

5Y-4.59%

3Y-44.02%

TTM-0.24%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM51.09%

EPS CAGR

10Y-

5Y-

3Y-

TTM50.67%

ROCE

10Y Avg5.09%

5Y Avg15.83%

3Y Avg-6.59%

Latest-13.1%

Peer Comparison

Safety Syringes & Injectables

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
UTMDUtah Medical Products, Inc.	193.09M	60.27	15.22	-18.56%	32.33%	10.68%	7.56%	0.00
STSSSharps Technology, Inc.	66.69M	2.30	-0.00		-324.78%	-4.98%		1.89
RVPRetractable Technologies, Inc.	21.26M	0.71	-1.78	-24.19%	-22.9%	-11.43%		0.01
XRAYDENTSPLY SIRONA Inc.	2.51B	12.58	-2.81	-4.34%	-24.34%	-59.68%	11.19%	1.17
ZTEKZentek Ltd.	93.36M	0.87	-8.70	28.26%	-8.95%	-70.13%		0.05

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	29.55M	29.83M	34.49M	33.27M	41.8M	81.86M	188.38M	94.82M	43.6M	33.05M
Revenue Growth %	-0.14%	0.01%	0.16%	-0.04%	0.26%	0.96%	1.3%	-0.5%	-0.54%	-0.24%
Cost of Goods Sold+	18.99M	19.48M	24.52M	23.05M	27.66M	44.85M	93.03M	66.57M	34.49M	34.08M
COGS % of Revenue	0.64%	0.65%	0.71%	0.69%	0.66%	0.55%	0.49%	0.7%	0.79%	1.03%
Gross Profit+	10.57M	10.34M	9.97M	10.22M	14.14M	37.01M	95.35M	28.25M	9.11M	-1.03M
Gross Margin %	0.36%	0.35%	0.29%	0.31%	0.34%	0.45%	0.51%	0.3%	0.21%	-0.03%
Gross Profit Growth %	-0.12%	-0.02%	-0.04%	0.03%	0.38%	1.62%	1.58%	-0.7%	-0.68%	-1.11%
Operating Expenses+	13.77M	13.39M	13.75M	11.8M	11.17M	12.94M	22.76M	29.11M	20.6M	20.08M
OpEx % of Revenue	0.47%	0.45%	0.4%	0.35%	0.27%	0.16%	0.12%	0.31%	0.47%	0.61%
Selling, General & Admin	13.17M	12.82M	13.01M	11.18M	10.65M	12.36M	21.86M	28.58M	20.01M	19.4M
SG&A % of Revenue	0.45%	0.43%	0.38%	0.34%	0.25%	0.15%	0.12%	0.3%	0.46%	0.59%
Research & Development	607.53K	571.84K	740.57K	621.37K	516.1K	574.53K	901.38K	525.73K	581.17K	673.94K
R&D % of Revenue	0.02%	0.02%	0.02%	0.02%	0.01%	0.01%	0%	0.01%	0.01%	0.02%
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	-3.21M	-3.51M	-3.78M	-1.32M	2.97M	24.07M	72.6M	-852.98K	-11.49M	-21.11M
Operating Margin %	-0.11%	-0.12%	-0.11%	-0.04%	0.07%	0.29%	0.39%	-0.01%	-0.26%	-0.64%
Operating Income Growth %	-0.49%	-0.09%	-0.08%	0.65%	3.25%	7.1%	2.02%	-1.01%	-12.47%	-0.84%
EBITDA+	-2.35M	-2.63M	-2.94M	-433.38K	3.82M	24.9M	73.85M	3.75M	-3.96M	-13.54M
EBITDA Margin %	-0.08%	-0.09%	-0.09%	-0.01%	0.09%	0.3%	0.39%	0.04%	-0.09%	-0.41%
EBITDA Growth %	-1.17%	-0.12%	-0.12%	0.85%	9.82%	5.51%	1.97%	-0.95%	-2.06%	-2.42%
D&A (Non-Cash Add-back)	858.39K	872.87K	834.95K	886.81K	852.08K	832.07K	1.26M	4.6M	7.53M	7.57M
EBIT	4.54M	-3.48M	-3.71M	-1.18M	3.32M	26.33M	75.18M	5.33M	-8.76M	-3.4M
Net Interest Income+	-194.75K	-186.77K	-145.07K	-23.73K	184.27K	132.48K	39.28K	-160.7K	1.29M	877.93K
Interest Income	24.92K	26.52K	65.69K	153.46K	351.17K	392.75K	266.47K	9.95K	1.45M	1M
Interest Expense	219.67K	213.29K	210.76K	177.19K	166.9K	260.26K	227.18K	170.65K	152.17K	122.5K
Other Income/Expense	7.53M	-642.89K	-145.07K	236.78K	184.27K	2M	2.36M	6.02M	2.57M	17.59M
Pretax Income+	4.32M	-3.69M	-3.92M	-1.35M	3.16M	26.07M	74.95M	5.16M	-8.92M	-3.52M
Pretax Margin %	0.15%	-0.12%	-0.11%	-0.04%	0.08%	0.32%	0.4%	0.05%	-0.2%	-0.11%
Income Tax+	7.88K	1.13K	-187.61K	-13.32K	7.88K	1.85M	18.89M	83.87K	-1.91M	8.37M
Effective Tax Rate %	1%	1%	0.95%	0.99%	1%	0.93%	0.75%	0.98%	0.79%	3.38%
Net Income+	4.31M	-3.69M	-3.74M	-1.34M	3.15M	24.22M	56.06M	5.08M	-7.01M	-11.89M
Net Margin %	0.15%	-0.12%	-0.11%	-0.04%	0.08%	0.3%	0.3%	0.05%	-0.16%	-0.36%
Net Income Growth %	2.83%	-1.86%	-0.01%	0.64%	3.35%	6.69%	1.31%	-0.91%	-2.38%	-0.7%
Net Income (Continuing)	4.31M	-3.69M	-3.74M	-1.34M	3.15M	24.22M	56.06M	5.08M	-7.01M	-11.89M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.20	-0.13	-0.12	-0.04	0.07	0.80	1.63	0.15	-0.24	-0.40
EPS Growth %	3.33%	-1.65%	0.08%	0.66%	2.82%	9.7%	1.04%	-0.91%	-2.6%	-0.67%
EPS (Basic)	0.21	-0.13	-0.12	-0.04	0.07	0.80	1.65	0.15	-0.24	-0.40
Diluted Shares Outstanding	29.48M	29.35M	31.96M	32.67M	32.67M	33.3M	34.24M	32.96M	29.94M	29.94M
Basic Shares Outstanding	27.82M	29.33M	31.72M	32.67M	32.67M	33.17M	33.87M	32.9M	29.94M	29.94M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	30.81M	26.68M	26.61M	23.85M	28.41M	69.48M	104.51M	88.81M	77.65M	73.27M
Cash & Short-Term Investments	18.05M	16.2M	14.88M	10.64M	13.71M	25.65M	42.43M	49.38M	47.29M	44.56M
Cash Only	18.05M	16.2M	14.88M	9.65M	5.93M	17.57M	29.16M	19.72M	12.67M	4.24M
Short-Term Investments	0	0	0	996.23K	7.77M	8.08M	13.27M	29.66M	34.62M	40.33M
Accounts Receivable	4.9M	3.27M	5.11M	5.01M	6.61M	32.91M	40.78M	17.48M	11.83M	8.77M
Days Sales Outstanding	60.53	39.99	54.02	54.99	57.76	146.74	79.02	67.29	99.02	96.81
Inventory	6.3M	7.02M	6.21M	7.55M	7.45M	10.23M	20.59M	20.68M	17.58M	19.19M
Days Inventory Outstanding	121.04	131.45	92.38	119.46	98.32	83.28	80.78	113.42	186.06	205.54
Other Current Assets	1.57M	192.55K	418.15K	644.8K	635.2K	684.32K	701.97K	1.26M	952.67K	753.06K
Total Non-Current Assets+	11.73M	12.1M	11.55M	12.95M	17.43M	35.49M	108.65M	121.93M	102.02M	87.45M
Property, Plant & Equipment	11.47M	12.09M	11.35M	10.85M	10.71M	30.82M	87.93M	100.15M	93.48M	87.35M
Fixed Asset Turnover	2.58x	2.47x	3.04x	3.07x	3.90x	2.66x	2.14x	0.95x	0.47x	0.38x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	257.18K	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	1.99M	50.39K	0	0	0	0	0
Other Non-Current Assets	4.92K	10.29K	194.51K	103.68K	5.96K	44.57K	5.67K	184.52K	152.06K	103.63K
Total Assets+	42.54M	38.78M	38.16M	36.79M	45.84M	104.97M	213.15M	210.74M	179.67M	160.72M
Asset Turnover	0.69x	0.77x	0.90x	0.90x	0.91x	0.78x	0.88x	0.45x	0.24x	0.21x
Asset Growth %	-0.06%	-0.09%	-0.02%	-0.04%	0.25%	1.29%	1.03%	-0.01%	-0.15%	-0.11%
Total Current Liabilities+	8.1M	7.17M	7.9M	8.54M	8.26M	27.9M	35.32M	12.14M	9.38M	8.78M
Accounts Payable	5.7M	4.47M	4.96M	5.37M	5.01M	16.26M	20.4M	6.4M	4.78M	4.29M
Days Payables Outstanding	109.53	83.77	73.79	85.02	66.08	132.29	80.06	35.12	50.58	45.96
Short-Term Debt	249.35K	430.39K	410.95K	406.36K	343.3K	1.03M	1.39M	1.38M	303.99K	332.48K
Deferred Revenue (Current)	395.4K	692.92K	355.74K	860.93K	998.6K	1000K	1000K	435.92K	201.49K	376.56K
Other Current Liabilities	1.38M	1.72M	1.62M	540.85K	1.28M	826.76K	5.18M	2.85M	865.11K	1.07M
Current Ratio	3.81x	3.72x	3.37x	2.79x	3.44x	2.49x	2.96x	7.32x	8.28x	8.34x
Quick Ratio	3.03x	2.74x	2.58x	1.91x	2.54x	2.12x	2.38x	5.61x	6.41x	6.16x
Cash Conversion Cycle	72.05	87.67	72.61	89.44	90	97.74	79.75	145.59	234.5	256.39
Total Non-Current Liabilities+	3.42M	3.5M	3.08M	2.64M	9.04M	27.19M	78.66M	92.07M	71.01M	64.77M
Long-Term Debt	3.42M	3.5M	3.08M	2.64M	2.38M	2.71M	2.85M	1.53M	1.23M	900.04K
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	0	0	0	7.43M	6.66M	2.19M	6.85M	15.08M	0	0
Other Non-Current Liabilities	0	0	0	82.36K	0	24.48M	68.96M	75.46M	69.77M	63.87M
Total Liabilities	11.51M	10.67M	10.98M	11.18M	17.29M	55.09M	113.98M	104.21M	80.38M	73.55M
Total Debt+	3.67M	3.93M	3.49M	3.05M	2.72M	3.74M	4.24M	2.92M	1.54M	1.23M
Net Debt	-14.38M	-12.27M	-11.39M	-6.6M	-3.21M	-13.83M	-24.92M	-16.8M	-11.13M	-3M
Debt / Equity	0.12x	0.14x	0.13x	0.12x	0.10x	0.08x	0.04x	0.03x	0.02x	0.01x
Debt / EBITDA	-	-	-	-	0.71x	0.15x	0.06x	0.78x	-	-
Net Debt / EBITDA	-	-	-	-	-0.84x	-0.56x	-0.34x	-4.48x	-	-
Interest Coverage	-14.60x	-16.44x	-17.93x	-7.45x	17.81x	92.49x	319.54x	-5.00x	-75.50x	-172.29x
Total Equity+	31.03M	28.11M	27.17M	25.61M	28.54M	49.88M	99.17M	106.54M	99.29M	87.17M
Equity Growth %	0.16%	-0.09%	-0.03%	-0.06%	0.11%	0.75%	0.99%	0.07%	-0.07%	-0.12%
Book Value per Share	1.05	0.96	0.85	0.78	0.87	1.50	2.90	3.23	3.32	2.91
Total Shareholders' Equity	31.03M	28.11M	27.17M	25.61M	28.54M	49.88M	99.17M	106.54M	99.29M	87.17M
Common Stock	0	0	0	0	0	0	0	0	0	0
Retained Earnings	-28.02M	-31.96M	-35.7M	-37.04M	-33.89M	-9.67M	41.18M	46.03M	38.79M	26.67M
Treasury Stock	0	0	0	0	0	0	-5.27M	-12.89M	-12.89M	-12.89M
Accumulated OCI	-22.09M	-22.95M	-23.78M	-24.67M	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-3.25M	-794.91K	-2.92M	-1.2M	2.19M	19M	32.79M	16.77M	2.77M	-11.56M
Operating CF Margin %	-0.11%	-0.03%	-0.08%	-0.04%	0.05%	0.23%	0.17%	0.18%	0.06%	-0.35%
Operating CF Growth %	0.16%	0.76%	-2.68%	0.59%	2.84%	7.66%	0.73%	-0.49%	-0.83%	-5.18%
Net Income	4.31M	-3.69M	-3.74M	-1.34M	3.15M	24.22M	56.06M	5.08M	-7.01M	-11.89M
Depreciation & Amortization	858.39K	872.87K	834.95K	886.81K	852.08K	832.07K	1.26M	4.6M	7.53M	7.57M
Stock-Based Compensation	0	387.73K	672.22K	0	0	0	3.66M	10.13M	0	0
Deferred Taxes	0	548.12K	0	0	0	-4.63M	-9.23M	7.35M	-1.87M	8.39M
Other Non-Cash Items	-7.61M	176.42K	24.27K	-249.94K	-137.24K	-1.94M	-1.63M	-5.47M	-467.04K	-16.14M
Working Capital Changes	-816.43K	914.86K	-718.04K	-492.43K	-1.67M	513.18K	-17.32M	-4.92M	4.59M	504.16K
Change in Receivables	624.7K	1.54M	-1.86M	145.41K	-1.65M	-14.63M	-13.88M	29.7M	3M	2.49M
Change in Inventory	-1.63M	-897.02K	811.06K	-1.04M	94.5K	-2.78M	-10.36M	-94.25K	2.93M	-1.61M
Change in Payables	554.72K	-1.23M	485.99K	411.93K	-362.07K	11.25M	4.15M	-14M	-1.63M	-488.45K
Cash from Investing+	-864.11K	-1.95M	-91.88K	-3.37M	-5.28M	-19.33M	-63.04M	-31.2M	-10.76M	3.66M
Capital Expenditures	-1.47M	-1.95M	-91.88K	-382.16K	-632.08K	-21.05M	-58.37M	-16.83M	-852.98K	-1.44M
CapEx % of Revenue	0.05%	0.07%	0%	0.01%	0.02%	0.26%	0.31%	0.18%	0.02%	0.04%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	600.9K	0	0	-2.99M	-4.65M	1.72M	-4.67M	-3.76M	0	0
Cash from Financing+	32.34K	896.08K	1.69M	-666.8K	-626.84K	11.96M	41.84M	4.99M	941.64K	-535.43K
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-283.54K	-220.75K	-220.45K	-220.45K	-219.82K	-216.64K	-3.82M	-252.88K	-232.44K	-230.44K
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	223.83K	855.02K	0	0	0	11.56M	52.41M	14.25M	2.56M	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-4.72M	-2.74M	-3.01M	-1.58M	1.56M	-2.05M	-25.57M	-61.95K	1.91M	-13M
FCF Margin %	-0.16%	-0.09%	-0.09%	-0.05%	0.04%	-0.03%	-0.14%	-0%	0.04%	-0.39%
FCF Growth %	0.03%	0.42%	-0.1%	0.48%	1.99%	-2.31%	-11.46%	1%	31.89%	-7.79%
FCF per Share	-0.16	-0.09	-0.09	-0.05	0.05	-0.06	-0.75	-0.00	0.06	-0.43
FCF Conversion (FCF/Net Income)	-0.75x	0.22x	0.78x	0.89x	0.70x	0.78x	0.58x	3.30x	-0.39x	0.97x
Interest Paid	219.67K	213.29K	210.76K	177.19K	0	260.26K	118.16K	110.54K	0	0
Taxes Paid	3.7K	2K	1.03K	1.17K	0	2.11M	27.12M	12.32M	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	14.91%	-12.5%	-13.52%	-5.08%	11.63%	61.78%	75.23%	4.94%	-6.81%	-12.75%
Return on Invested Capital (ROIC)	-19.31%	-16.19%	-17.92%	-5.69%	10.05%	58.82%	98.72%	-0.78%	-9.69%	-18.37%
Gross Margin	35.75%	34.67%	28.91%	30.72%	33.83%	45.21%	50.62%	29.8%	20.89%	-3.11%
Net Margin	14.6%	-12.39%	-10.83%	-4.03%	7.53%	29.59%	29.76%	5.36%	-16.08%	-35.97%
Debt / Equity	0.12x	0.14x	0.13x	0.12x	0.10x	0.08x	0.04x	0.03x	0.02x	0.01x
Interest Coverage	-14.60x	-16.44x	-17.93x	-7.45x	17.81x	92.49x	319.54x	-5.00x	-75.50x	-172.29x
FCF Conversion	-0.75x	0.22x	0.78x	0.89x	0.70x	0.78x	0.58x	3.30x	-0.39x	0.97x
Revenue Growth	-14.39%	0.93%	15.65%	-3.53%	25.61%	95.86%	130.12%	-49.67%	-54.02%	-24.19%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
License	-	-	-	-	-	-	-	-	-	189K
License Growth	-	-	-	-	-	-	-	-	-	-
Other Products	-	-	-	-	-	-	-	-	-	45.85K
Other Products Growth	-	-	-	-	-	-	-	-	-	-
Other international sales	-	-	-	-	-	-	-	13.47M	2.91M	-
Other international sales Growth	-	-	-	-	-	-	-	-	-78.38%	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
North and South America (excluding U.S)	-	-	-	-	-	-	14.56M	-	-	-
North and South America (excluding U.S) Growth	-	-	-	-	-	-	-	-	-	-
North And South America Excluding United States	5.67M	2.74M	6.38M	3.52M	7.86M	5.73M	-	-	-	-
North And South America Excluding United States Growth	-	-51.64%	132.74%	-44.81%	123.29%	-27.09%	-	-	-	-
U	23.03M	26.31M	27.02M	23.8M	26.72M	-	-	-	-	-
U Growth	-	14.23%	2.69%	-11.89%	12.26%	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

Retractable Technologies, Inc. (RVP) reported $38.2M in revenue for fiscal year 2024. This represents a 19% increase from $32.1M in 2011.

Retractable Technologies, Inc. (RVP) saw revenue decline by 24.2% over the past year.

Retractable Technologies, Inc. (RVP) reported a net loss of $8.7M for fiscal year 2024.

Dividend & Returns

Yes, Retractable Technologies, Inc. (RVP) pays a dividend with a yield of 1.08%. This makes it attractive for income-focused investors.

Retractable Technologies, Inc. (RVP) has a return on equity (ROE) of -12.7%. Negative ROE indicates the company is unprofitable.

Retractable Technologies, Inc. (RVP) had negative free cash flow of $13.6M in fiscal year 2024, likely due to heavy capital investments.