Soren Sinay - Venus Concept Chief Officer

VERO Stock  USD 0.32  0.02  5.88%   

Insider

Soren Sinay is Chief Officer of Venus Concept
Age 53
Address 235 Yorkland Boulevard, Toronto, ON, Canada, M2J 4Y8
Phone877 848 8430
Webhttps://www.venus.ai

Venus Concept Management Efficiency

The company has return on total asset (ROA) of (0.1866) % which means that it has lost $0.1866 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (4.6354) %, meaning that it created substantial loss on money invested by shareholders. Venus Concept's management efficiency ratios could be used to measure how well Venus Concept manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Equity is likely to grow to 2.79, while Return On Tangible Assets are likely to drop (0.46). At this time, Venus Concept's Total Assets are very stable compared to the past year. As of the 29th of November 2024, Non Current Assets Total is likely to grow to about 31.5 M, while Non Currrent Assets Other are likely to drop about 490.1 K.
Venus Concept currently holds 79.7 M in liabilities with Debt to Equity (D/E) ratio of 7.84, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Venus Concept has a current ratio of 2.69, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Venus Concept's use of debt, we should always consider it together with its cash and equity.

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Venus Concept Inc., a medical technology company, develops, commercializes, and delivers minimally invasive and non-invasive medical aesthetic and hair restoration technologies, and related services in the United States and internationally. In addition, it provides Venus Velocity and Venus Epileve for hair removal, permanent hair reduction, and treatment of pseudofolliculitis barbae and ARTAS iX, a robotic system to assist physicians in identifying and extracting hair follicles units from the scalp during hair transplantation, creating recipient sites, and implanting the harvested hair follicles. Venus Concept operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 407 people. Venus Concept (VERO) is traded on NASDAQ Exchange in USA. It is located in 235 Yorkland Boulevard, Toronto, ON, Canada, M2J 4Y8 and employs 304 people. Venus Concept is listed under Health Care Equipment & Supplies category by Fama And French industry classification.

Management Performance

Venus Concept Leadership Team

Elected by the shareholders, the Venus Concept's board of directors comprises two types of representatives: Venus Concept inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Venus. The board's role is to monitor Venus Concept's management team and ensure that shareholders' interests are well served. Venus Concept's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Venus Concept's outside directors are responsible for providing unbiased perspectives on the board's policies.
Anat Kotler, Head Management
Anna Georgiadis, Chief Officer
Jason Raser, Head USA
Hemanth CFA, President COO
Rajiv Silva, CEO Director
Kenji Shimizu, Interim Officer
Ross Portaro, Executive Marketing
Michael Mandarello, General Secretary
Joyce Morris, Head Canada
Ognjen Petrovic, Robotics, RD
Soren Sinay, Chief Officer
Yoni Iger, Head Affairs
Domenic Penna, Chief Officer
William McGrail, Executive Compliance

Venus Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Venus Concept a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Venus Concept

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Venus Concept position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Venus Concept will appreciate offsetting losses from the drop in the long position's value.

Moving against Venus Stock

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The ability to find closely correlated positions to Venus Concept could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Venus Concept when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Venus Concept - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Venus Concept to buy it.
The correlation of Venus Concept is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Venus Concept moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Venus Concept moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Venus Concept can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Venus Concept offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Venus Concept's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Venus Concept Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Venus Concept Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Venus Concept. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Venus Stock, please use our How to Invest in Venus Concept guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Venus Concept. If investors know Venus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Venus Concept listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.97)
Revenue Per Share
11.915
Quarterly Revenue Growth
(0.17)
Return On Assets
(0.19)
Return On Equity
(4.64)
The market value of Venus Concept is measured differently than its book value, which is the value of Venus that is recorded on the company's balance sheet. Investors also form their own opinion of Venus Concept's value that differs from its market value or its book value, called intrinsic value, which is Venus Concept's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Venus Concept's market value can be influenced by many factors that don't directly affect Venus Concept's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Venus Concept's value and its price as these two are different measures arrived at by different means. Investors typically determine if Venus Concept is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Venus Concept's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.