NASDAQ$SMLR

Semler Scientific Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Semler Scientific's Q2 2021 results were released, showcasing significant revenue growth and increased profitability.

Semler Scientific reported a strong second quarter with a 125% increase in revenues to $14.3 million compared to the same period last year. Net income increased by 522% to $6.7 million, or $0.83 per diluted share. The company's cash position strengthened to $28.5 million.

  • Revenues increased by 125% to $14.3 million compared to Q2 2020.
  • Net income rose by 522% to $6.7 million, or $0.83 per diluted share.
  • Cash position increased to $28.5 million as of June 30, 2021.
  • The company's two largest customers accounted for 38% and 33% of quarterly revenues.

Headline financials

Total Revenue

$14.3M

Previous: $6.37M+124.6%
EPS (adj)

$0.83

Previous: $0.13+538.5%
Capital Expenditures

$104K

Previous: $9K+1055.6%
Free Cash Flow

$2.05M

Previous: $2.37M-13.4%
Net Income

$6.7M

Previous: $1.08M+523.3%
Operating Income

$6.46M

Previous: $959K+574.0%
Gross Profit

$13.3M

Previous: $5.67M+134.7%
Cash & Equivalents

$28.5M

Previous: $13.6M+108.9%
Total Assets

$46M

Previous: $21.4M+115.0%
Stock-Based Comp

$46K

Previous: $61K-24.6%

Revenue & EPS history

Semler Scientific · Revenue · Quarterly

$14.3M

Q2 2021+124.6%vs Q2 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Forward guidance

Semler Scientific anticipates continued profitability and cash generation, with increased spending to support business growth, aiming to grow annual revenues faster than expenses and remain profitable.

Tailwinds

  • Continued profitability expected.
  • Generation of cash from operating activities.
  • Increased spending to support anticipated growth.
  • Intent to grow annual revenues at a faster rate than annual expenses.
  • Aim to remain profitable.

Headwinds

  • Uncertainty related to insurance plan licensing.
  • Risks associated with expanding product offerings.
  • Challenges in controlling expenses.
  • Need to preserve cash.
  • Uncertainty created by COVID-19.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 6 quarterly earnings reports

Historical avg

-0.2%

Avg return

Earnings day

-2.4%

Avg return

5 days after

-5.8%

Avg return

30 days after

54%

25 / 46 earnings

Positive

+33.6%

Q4 2014

Best reaction

-33.3%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025-10.7%-16.0%-25.1%
Q2 2025-1.8%+2.0%-20.7%
Q1 2025-11.4%+17.9%-19.3%
Q4 2024+3.0%-12.4%-22.7%
Q3 2024+27.1%+29.9%+106.6%
Q2 2024-5.4%-1.7%-16.7%
Q4 2023-32.7%-36.8%-42.5%
Q3 2023+7.6%
Q2 2023+7.9%
Q1 2023+13.8%
Q4 2022+26.9%
Q3 2022-33.3%
Q2 2022+19.4%
Q1 2022-20.6%
Q4 2021-27.3%
Q3 2021-25.6%
Q2 2021-2.7%
Q1 2021+1.5%
Q4 2020+13.6%
Q3 2020+10.0%
Q2 2020-3.6%
Q1 2020-2.6%
Q4 2019+1.8%
Q3 2019+1.7%
Q2 2019+1.5%
Q1 2019-2.7%
Q4 2018+4.8%
Q3 2018-12.5%
Q2 2018+20.6%
Q1 2018+6.4%
Q4 2017+2.5%
Q3 2017+16.0%
Q2 2017-5.9%
Q1 2017+1.5%
Q4 2016+7.9%
Q3 2016-16.0%
Q2 2016+8.1%
Q1 2016-9.2%
Q4 2015-7.9%
Q3 2015+0.1%
Q2 2015-12.2%
Q1 2013+0.9%
Q4 2014+33.6%
Q3 2014-3.7%
Q2 2014-2.0%
Q1 2014+1.2%
Q4 2013
Q3 2013
Q2 2013
Q4 2012
Q3 2012

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