NASDAQ$SMLR

Semler Scientific Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Semler Scientific's Q3 2021 financial performance reflected a revenue increase compared to the same period last year, but net income decreased.

Semler Scientific reported a 30% increase in revenue for Q3 2021 compared to Q3 2020, reaching $14.0 million. However, net income decreased by 15% to $4.2 million, and diluted EPS decreased to $0.51.

  • Revenue increased by 30% compared to the same quarter last year.
  • Net income decreased by 15% compared to the same quarter last year.
  • Cost of revenues increased to 10% of revenues, compared to 8% in the prior year.
  • Cash and cash equivalents increased to $35.9 million.

Headline financials

Total Revenue

$14M

Previous: $10.7M+30.4%
EPS (adj)

$0.51

Previous: $0.61-16.4%
Capital Expenditures

$24K

Previous: $3K+700.0%
Free Cash Flow

$7.61M

Previous: $3.52M+116.6%
Net Income

$4.2M

Previous: $4.87M-13.7%
Operating Income

$5.25M

Previous: $5.56M-5.4%
Gross Profit

$12.6M

Previous: $9.91M+27.3%
Cash & Equivalents

$35.9M

Previous: $16.8M+114.0%
Total Assets

$51M

Previous: $28M+81.7%
Stock-Based Comp

$47K

Previous: $62K-24.2%

Revenue & EPS history

Semler Scientific · Revenue · Quarterly

$14M

Q3 2021+30.4%vs Q3 2020
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Forward guidance

Semler Scientific expects continued profitability and generation of cash from operating activities for the remainder of 2021 and in 2022. The company intends to grow annual revenues at a faster rate than annual expenses and to remain profitable.

Tailwinds

  • Continued profitability expected
  • Generation of cash from operating activities expected
  • Intent to grow annual revenues at a faster rate than annual expenses
  • Aim to remain profitable
  • Focus on expanding product offerings

Headwinds

  • Uncertainty created by COVID-19
  • Risk of insurance plans discontinuing licenses
  • Risk of customers discontinuing licenses
  • Potential inability to expand product offerings successfully
  • Potential inability to control expenses and preserve cash

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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