$Staar Surgical (STAA.US)$Revenue has continued to grow rapi...
$Staar Surgical (STAA.US)$Revenue has continued to grow rapidly over the past 5 years, with an average growth rate of 25.7%. Operating profit, on the other hand, saw a sharp decline of 42.9% in 2020, with growth in the remaining 4 years. The average growth rate in the past 3 years was 54.6%, dropping to 31.4% in 2022. Net income followed a similar trend, with an average growth rate of 40% in the past 3 years and 58.2% in 2022.
Revenue in Q1 2023 increased by 16.3%, while operating profit plummeted by 77% due to a significant increase in expenses. Net income also decreased by 72%, indicating a bottleneck in profit growth.
Currently at a PE ratio of 65, the PE ratio has risen to 79 on a trailing twelve months basis, which is not attractive.
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