Paragon 28 (FNA) Financials

$13.10 +0.02 (+0.11%)

Closing price 04/17/2025

Extended Trading

$13.10 0.00 (0.00%)

As of 04/17/2025 05:47 PM Eastern

Annual Income Statements for Paragon 28

This table shows Paragon 28's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Net Income / (Loss) Attributable to Common Shareholders	-55	-58	-66	-14	2.69	3.12
Consolidated Net Income / (Loss)	-55	-58	-66	-14	3.50	3.12
Net Income / (Loss) Continuing Operations	-55	-58	-66	-14	3.50	3.12
Total Pre-Tax Income	-53	-57	-66	-13	5.03	1.97
Total Operating Income	-41	-46	-62	-11	2.07	2.72
Total Gross Profit	191	164	149	119	86	87
Total Revenue	256	216	181	147	111	106
Operating Revenue	256	216	181	147	111	106
Total Cost of Revenue	65	52	32	28	25	19
Operating Cost of Revenue	65	52	32	28	25	19
Total Operating Expenses	232	210	211	130	84	85
Selling, General & Admin Expense	205	180	159	114	73	74
Research & Development Expense	27	30	25	16	11	10
Other Operating Expenses / (Income)	0.00	0.00	27	0.00	-	-
Total Other Income / (Expense), net	-13	-12	-4.01	-2.21	2.96	-0.75
Interest Expense	0.00	5.31	0.00	1.72	0.60	0.65
Interest & Investment Income	-12	-5.17	-4.13	-	-	-
Other Income / (Expense), net	-1.17	-1.18	0.12	-0.49	3.56	-0.10
Income Tax Expense	1.16	0.21	-0.06	0.71	1.53	-1.15
Basic Earnings per Share	($0.66)	($0.70)	($0.86)	($0.26)	$0.06	$0.07
Weighted Average Basic Shares Outstanding	83.31M	82.09M	76.77M	52.92M	43.51M	42.50M
Diluted Earnings per Share	($0.66)	($0.70)	($0.86)	($0.26)	$0.04	$0.05
Weighted Average Diluted Shares Outstanding	83.31M	82.09M	76.77M	52.92M	60.41M	61.46M
Weighted Average Basic & Diluted Shares Outstanding	83.89M	82.84M	88.22M	76.45M	-	-

This table shows Paragon 28's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-11	-12	-14	-17	-22	-11	-13	-11	-37	-9.72
Consolidated Net Income / (Loss)	-11	-12	-14	-17	-22	-11	-13	-11	-37	-9.72
Net Income / (Loss) Continuing Operations	-11	-12	-14	-17	-22	-11	-13	-11	-37	-9.72
Total Pre-Tax Income	-11	-12	-14	-17	-22	-11	-13	-11	-37	-9.52
Total Operating Income	-6.43	-8.45	-11	-15	-14	-11	-12	-9.06	-36	-8.49
Total Gross Profit	52	46	46	47	42	41	39	42	42	38
Total Revenue	72	62	61	61	61	53	51	52	52	46
Operating Revenue	72	62	61	61	61	53	51	52	52	46
Total Cost of Revenue	19	16	15	14	18	12	12	10	9.20	8.49
Operating Cost of Revenue	19	16	15	14	18	12	12	10	9.20	8.49
Total Operating Expenses	59	55	57	62	56	51	52	51	78	46
Selling, General & Admin Expense	52	49	49	55	48	44	44	44	44	40
Research & Development Expense	6.74	5.66	7.08	7.58	8.10	7.24	7.68	7.05	6.55	6.34
Total Other Income / (Expense), net	-4.13	-3.68	-2.79	-2.11	-8.21	-0.75	-0.88	-1.82	-1.75	-1.03
Interest Expense	-8.57	3.03	2.92	2.62	2.18	1.12	0.80	1.21	-2.87	1.09
Other Income / (Expense), net	-1.17	-0.65	0.13	0.52	-0.86	0.37	-0.08	-0.62	-0.49	0.06
Income Tax Expense	0.56	0.21	0.23	0.17	0.12	-0.11	0.27	-0.07	-0.37	0.20
Basic Earnings per Share	($0.13)	($0.15)	($0.17)	($0.21)	($0.27)	($0.14)	($0.16)	($0.13)	($0.48)	($0.13)
Weighted Average Basic Shares Outstanding	83.31M	83.56M	83.12M	82.85M	82.09M	82.55M	82.37M	80.68M	76.77M	76.85M
Diluted Earnings per Share	($0.13)	($0.15)	($0.17)	($0.21)	($0.27)	($0.14)	($0.16)	($0.13)	($0.48)	($0.13)
Weighted Average Diluted Shares Outstanding	83.31M	83.56M	83.12M	82.85M	82.09M	82.55M	82.37M	80.68M	76.77M	76.85M
Weighted Average Basic & Diluted Shares Outstanding	83.89M	83.72M	83.54M	82.95M	82.84M	82.70M	82.55M	82.32M	88.22M	77.13M

This table details how cash moves in and out of Paragon 28's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Net Change in Cash & Equivalents	-41	37	-71	92	15	1.42
Net Cash From Operating Activities	-27	-64	-49	-3.32	1.11	12
Net Cash From Continuing Operating Activities	-27	-64	-49	-3.32	1.11	12
Net Income / (Loss) Continuing Operations	-55	-58	-66	-14	3.50	3.12
Consolidated Net Income / (Loss)	-55	-58	-66	-14	3.50	3.12
Depreciation Expense	19	16	14	8.96	6.38	4.20
Non-Cash Adjustments To Reconcile Net Income	18	3.64	35	12	4.23	13
Changes in Operating Assets and Liabilities, net	-9.32	-26	-32	-11	-13	-7.85
Net Cash From Investing Activities	-16	-27	-61	-35	-10	-17
Net Cash From Continuing Investing Activities	-16	-27	-61	-35	-10	-17
Purchase of Property, Plant & Equipment	-16	-27	-41	-18	-9.65	-17
Acquisitions	-1.15	-1.31	-20	-18	-1.19	-0.77
Sale of Property, Plant & Equipment	1.26	1.04	0.90	0.80	0.52	0.58
Net Cash From Financing Activities	0.29	129	39	131	24	6.55
Net Cash From Continuing Financing Activities	0.29	129	39	131	24	6.55
Repayment of Debt	-0.66	-35	-1.30	-9.17	-15	0.65
Issuance of Debt	0.00	100	36	10	0.46	9.67
Issuance of Common Equity	0.68	69	0.52	130	1.84	0.00
Other Financing Activities, net	0.28	-5.59	4.27	0.45	1.78	0.12
Effect of Exchange Rate Changes	1.48	-0.61	-0.50	-0.44	0.09	0.03
Cash Interest Paid	12	4.27	3.07	1.09	0.40	0.55
Cash Income Taxes Paid	2.10	0.91	1.10	0.68	0.45	0.10

This table details how cash moves in and out of Paragon 28's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-4.57	-7.60	-11	-17	41	-22	-29	47	-18	-17
Net Cash From Operating Activities	-3.28	-2.67	-10	-11	-16	-14	-19	-14	-13	-12
Net Cash From Continuing Operating Activities	-3.28	-2.67	-10	-11	-16	-14	-19	-14	-13	-12
Net Income / (Loss) Continuing Operations	-11	-12	-14	-17	-22	-11	-13	-11	-37	-9.72
Consolidated Net Income / (Loss)	-11	-12	-14	-17	-22	-11	-13	-11	-37	-9.72
Depreciation Expense	4.97	4.71	4.61	4.26	4.94	4.19	3.30	3.12	4.10	3.06
Non-Cash Adjustments To Reconcile Net Income	-0.48	6.52	-1.75	14	12	5.37	-14	0.07	27	2.36
Changes in Operating Assets and Liabilities, net	3.34	-1.55	0.71	-12	-11	-13	4.46	-6.43	-7.24	-7.80
Net Cash From Investing Activities	-2.61	-3.85	-3.45	-5.78	-4.96	-6.77	-7.71	-7.55	-7.17	-5.55
Net Cash From Continuing Investing Activities	-2.61	-3.85	-3.45	-5.78	-4.96	-6.77	-7.71	-7.55	-7.17	-5.55
Purchase of Property, Plant & Equipment	-2.68	-3.63	-3.67	-5.82	-4.82	-6.54	-7.83	-7.52	-7.18	-4.73
Acquisitions	-0.27	-0.42	-0.21	-0.25	-0.38	-0.39	-0.29	-0.25	-0.25	-0.94
Sale of Property, Plant & Equipment	0.34	0.20	0.43	0.29	0.25	0.16	0.41	0.22	0.26	0.12
Net Cash From Financing Activities	-0.38	0.15	1.78	-1.26	63	-1.35	-2.54	69	2.55	1.22
Net Cash From Continuing Financing Activities	-0.38	0.15	2.08	-1.56	63	-1.35	-0.91	68	2.55	1.22
Repayment of Debt	-0.16	-0.16	-0.18	-0.16	-35	-0.17	-0.19	-0.20	-0.52	-0.20
Issuance of Common Equity	0.27	-	0.40	0.00	0.38	-	0.56	68	0.52	-
Other Financing Activities, net	-0.49	0.31	1.85	-1.40	-2.63	-1.18	-1.29	-0.50	2.55	1.42
Effect of Exchange Rate Changes	1.70	-1.24	0.40	0.62	-1.15	0.44	0.45	-0.34	-0.00	-0.24
Cash Interest Paid	3.26	3.24	3.22	2.26	0.93	1.27	1.47	0.60	0.96	0.59
Cash Income Taxes Paid	0.91	0.35	0.84	0.00	0.30	0.15	0.46	0.00	0.32	0.40

This table presents Paragon 28's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Total Assets	291	333	256	235	98
Total Current Assets	169	208	143	180	72
Cash & Equivalents	35	76	38	109	18
Accounts Receivable	39	37	38	26	20
Inventories, net	90	90	61	40	32
Current Deferred & Refundable Income Taxes	1.22	0.79	0.62	0.92	1.48
Other Current Assets	4.01	4.00	4.66	3.08	0.62
Plant, Property, & Equipment, net	71	74	62	32	22
Total Noncurrent Assets	50	51	51	23	3.43
Goodwill	25	25	25	6.33	0.00
Intangible Assets	20	22	22	17	3.33
Noncurrent Deferred & Refundable Income Taxes	0.70	0.71	0.15	0.00	0.10
Other Noncurrent Operating Assets	3.97	2.92	3.13	0.00	-
Total Liabilities & Shareholders' Equity	291	333	256	235	98
Total Liabilities	160	163	113	42	26
Total Current Liabilities	48	51	69	34	22
Short-Term Debt	0.64	0.64	0.73	0.15	2.23
Accounts Payable	16	22	15	13	8.81
Accrued Expenses	30	28	49	18	10
Current Deferred & Payable Income Tax Liabilities	0.17	0.24	0.18	0.62	0.50
Other Current Liabilities	1.43	0.88	3.84	1.93	0.47
Total Noncurrent Liabilities	112	112	45	8.39	4.03
Long-Term Debt	110	110	42	7.48	4.03
Noncurrent Deferred Revenue	0.64	0.64	0.53	0.00	-
Noncurrent Deferred & Payable Income Tax Liabilities	0.02	0.23	0.34	0.08	0.00
Other Noncurrent Operating Liabilities	1.30	1.05	1.63	0.84	0.00
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	131	170	143	192	30
Total Preferred & Common Equity	131	170	143	192	30
Total Common Equity	131	170	143	192	30
Common Stock	316	299	215	199	23
Retained Earnings	-178	-124	-66	-0.46	12
Treasury Stock	-5.98	-5.98	-5.98	-5.98	-5.42
Accumulated Other Comprehensive Income / (Loss)	-0.81	0.13	-0.03	0.01	0.82

This table presents Paragon 28's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	302	310	324	293	301	314	257
Total Current Assets	178	184	197	169	180	197	150
Cash & Equivalents	39	47	58	35	57	86	56
Accounts Receivable	36	37	40	34	34	37	36
Inventories, net	96	96	95	94	85	69	55
Current Deferred & Refundable Income Taxes	1.46	1.02	0.60	1.02	0.87	0.60	0.71
Other Current Assets	4.73	3.58	4.01	4.83	3.26	4.17	1.95
Plant, Property, & Equipment, net	74	75	76	74	71	67	59
Total Noncurrent Assets	50	51	52	51	49	50	49
Goodwill	25	25	25	25	25	25	27
Intangible Assets	21	21	21	22	22	22	21
Noncurrent Deferred & Refundable Income Taxes	0.71	0.71	0.69	0.13	0.32	0.35	0.84
Other Noncurrent Operating Assets	3.27	3.96	3.90	3.63	1.77	1.70	-
Total Liabilities & Shareholders' Equity	302	310	324	293	301	314	257
Total Liabilities	163	164	170	100	102	108	86
Total Current Liabilities	51	52	58	55	56	64	42
Short-Term Debt	0.64	0.64	0.64	0.64	0.65	0.69	0.74
Accounts Payable	21	23	29	27	30	21	14
Accrued Expenses	27	27	27	25	24	38	20
Current Deferred & Payable Income Tax Liabilities	0.63	0.42	0.40	0.00	0.02	0.21	0.50
Other Current Liabilities	1.34	0.96	0.91	1.89	1.70	3.77	6.89
Total Noncurrent Liabilities	112	112	112	45	45	45	44
Long-Term Debt	110	110	110	42	42	42	42
Noncurrent Deferred Revenue	0.64	0.64	0.64	0.64	0.64	0.64	0.53
Noncurrent Deferred & Payable Income Tax Liabilities	0.25	0.23	0.23	0.33	0.62	0.38	0.06
Other Noncurrent Operating Liabilities	0.99	1.16	1.36	1.47	1.84	1.52	0.91
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	139	147	154	194	199	205	171
Total Preferred & Common Equity	139	147	154	194	199	205	171
Total Common Equity	139	147	154	194	199	205	171
Common Stock	312	308	302	297	293	288	208
Retained Earnings	-167	-155	-141	-96	-88	-77	-29
Treasury Stock	-5.98	-5.98	-5.98	-5.98	-5.98	-5.98	-5.98
Accumulated Other Comprehensive Income / (Loss)	0.40	-0.71	-0.97	-1.05	-0.42	-0.13	-1.50

This table displays calculated financial ratios and metrics derived from Paragon 28's official financial filings.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Growth Metrics	-	-	-	-	-	-
Revenue Growth	18.39%	19.30%	23.00%	32.87%	4.42%	0.00%
EBITDA Growth	25.24%	34.58%	-1,980.70%	-118.94%	75.89%	0.00%
EBIT Growth	10.46%	23.93%	-446.88%	-300.12%	114.94%	0.00%
NOPAT Growth	10.70%	26.00%	-472.69%	-623.43%	-66.47%	0.00%
Net Income Growth	5.03%	12.36%	-379.43%	-491.45%	12.22%	0.00%
EPS Growth	5.71%	18.60%	-230.77%	-750.00%	-20.00%	0.00%
Operating Cash Flow Growth	57.51%	-29.91%	-1,382.70%	-398.56%	-90.97%	0.00%
Free Cash Flow Firm Growth	65.66%	10.35%	-164.16%	35.77%	0.00%	0.00%
Invested Capital Growth	1.06%	39.09%	62.54%	50.17%	0.00%	0.00%
Revenue Q/Q Growth	4.57%	4.37%	5.06%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	23.74%	41.46%	-162.15%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	14.74%	31.29%	-100.30%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	15.64%	32.22%	-99.09%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	17.02%	20.42%	-88.98%	0.00%	0.00%	0.00%
EPS Q/Q Growth	17.50%	23.08%	-91.11%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	32.54%	-5.17%	-29.18%	-183.93%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	28.61%	1.29%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-2.00%	1.39%	-7.09%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	74.75%	75.99%	82.29%	81.00%	77.38%	82.28%
EBITDA Margin	-9.14%	-14.47%	-26.38%	-1.56%	10.94%	6.50%
Operating Margin	-15.92%	-21.10%	-34.02%	-7.31%	1.87%	2.56%
EBIT Margin	-16.37%	-21.65%	-33.95%	-7.64%	5.07%	2.46%
Profit (Net Income) Margin	-21.33%	-26.59%	-36.19%	-9.29%	3.15%	2.93%
Tax Burden Percent	102.17%	100.37%	99.90%	105.49%	69.61%	158.22%
Interest Burden Percent	127.49%	122.36%	106.70%	115.27%	89.30%	75.25%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	30.39%	-58.22%
Return on Invested Capital (ROIC)	-13.88%	-18.18%	-36.37%	-10.01%	4.78%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-60.94%	-148.50%	9.79%	0.88%	-31.82%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-22.51%	-18.66%	-2.85%	-0.38%	5.00%	0.00%
Return on Equity (ROE)	-36.39%	-36.84%	-39.22%	-10.39%	9.79%	0.00%
Cash Return on Invested Capital (CROIC)	-14.94%	-50.88%	-84.01%	-50.12%	-195.22%	0.00%
Operating Return on Assets (OROA)	-13.46%	-15.92%	-25.12%	-6.78%	5.77%	0.00%
Return on Assets (ROA)	-17.53%	-19.55%	-26.78%	-8.25%	3.58%	0.00%
Return on Common Equity (ROCE)	-36.39%	-36.84%	-39.22%	-8.77%	4.16%	0.00%
Return on Equity Simple (ROE_SIMPLE)	-41.84%	-33.90%	-46.04%	-7.12%	11.51%	0.00%
Net Operating Profit after Tax (NOPAT)	-29	-32	-43	-7.54	1.44	4.30
NOPAT Margin	-11.14%	-14.77%	-23.81%	-5.11%	1.30%	4.04%
Net Nonoperating Expense Percent (NNEP)	47.06%	130.31%	-46.16%	-10.89%	36.60%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	-11.83%	-11.41%	-23.28%	-	-	-
Cost of Revenue to Revenue	25.25%	24.01%	17.71%	19.00%	22.62%	17.72%
SG&A Expenses to Revenue	80.10%	83.19%	87.84%	77.37%	65.45%	70.04%
R&D to Revenue	10.57%	13.90%	13.59%	10.94%	10.07%	9.69%
Operating Expenses to Revenue	90.66%	97.09%	116.31%	88.30%	75.52%	79.73%
Earnings before Interest and Taxes (EBIT)	-42	-47	-62	-11	5.63	2.62
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-23	-31	-48	-2.30	12	6.91
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	6.62	6.06	10.34	7.03	4.11	0.00
Price to Tangible Book Value (P/TBV)	10.20	8.39	15.56	7.98	4.62	0.00
Price to Revenue (P/Rev)	3.38	4.75	8.13	9.16	1.13	1.18
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	46.54	40.10
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	2.15%	2.49%
Enterprise Value to Invested Capital (EV/IC)	4.55	5.20	10.05	13.81	2.57	0.00
Enterprise Value to Revenue (EV/Rev)	3.67	4.91	8.15	8.47	1.40	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	12.75	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	27.52	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	107.46	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	139.38	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	0.85	0.65	0.30	0.04	0.09	0.00
Long-Term Debt to Equity	0.84	0.65	0.30	0.04	0.06	0.00
Financial Leverage	0.37	0.13	-0.29	-0.43	-0.16	0.00
Leverage Ratio	2.08	1.88	1.46	1.26	1.37	0.00
Compound Leverage Factor	2.65	2.31	1.56	1.45	1.22	0.00
Debt to Total Capital	45.88%	39.42%	23.13%	3.82%	8.05%	0.00%
Short-Term Debt to Total Capital	0.27%	0.23%	0.39%	0.08%	2.87%	0.00%
Long-Term Debt to Total Capital	45.61%	39.19%	22.74%	3.74%	5.18%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	52.85%	0.00%
Common Equity to Total Capital	54.12%	60.58%	76.87%	96.18%	39.09%	0.00%
Debt to EBITDA	-4.73	-3.53	-0.90	-3.32	0.52	0.00
Net Debt to EBITDA	-3.25	-1.11	-0.09	44.23	-0.93	0.00
Long-Term Debt to EBITDA	-4.70	-3.51	-0.88	-3.25	0.33	0.00
Debt to NOPAT	-3.88	-3.45	-0.99	-1.01	4.35	0.00
Net Debt to NOPAT	-2.67	-1.09	-0.10	13.49	-7.80	0.00
Long-Term Debt to NOPAT	-3.86	-3.43	-0.98	-0.99	2.80	0.00
Altman Z-Score	3.29	4.02	7.71	20.35	4.99	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	15.58%	57.48%	0.00%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	3.51	4.06	2.08	5.29	3.25	0.00
Quick Ratio	1.53	2.20	1.11	3.98	1.70	0.00
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-31	-89	-100	-38	-59	0.00
Operating Cash Flow to CapEx	-186.80%	-248.86%	-122.29%	-18.96%	12.17%	73.72%
Free Cash Flow to Firm to Interest Expense	0.00	-16.85	0.00	-21.97	-97.68	0.00
Operating Cash Flow to Interest Expense	0.00	-12.04	0.00	-1.93	1.85	18.98
Operating Cash Flow Less CapEx to Interest Expense	0.00	-16.87	0.00	-12.11	-13.32	-6.76
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	0.82	0.74	0.74	0.89	1.14	0.00
Accounts Receivable Turnover	6.71	5.77	5.70	6.42	5.56	0.00
Inventory Turnover	0.72	0.69	0.63	0.77	0.78	0.00
Fixed Asset Turnover	3.52	3.18	3.85	5.41	4.96	0.00
Accounts Payable Turnover	3.43	2.84	2.30	2.57	2.85	0.00
Days Sales Outstanding (DSO)	54.38	63.26	64.02	56.82	65.68	0.00
Days Inventory Outstanding (DIO)	508.00	531.59	576.92	471.93	468.64	0.00
Days Payable Outstanding (DPO)	106.27	128.69	158.92	142.23	128.15	0.00
Cash Conversion Cycle (CCC)	456.11	466.17	482.02	386.52	406.18	0.00
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	207	205	147	90	60	0.00
Invested Capital Turnover	1.25	1.23	1.53	1.96	3.68	0.00
Increase / (Decrease) in Invested Capital	2.17	57	57	30	60	0.00
Enterprise Value (EV)	941	1,063	1,478	1,249	155	0.00
Market Capitalization	865	1,028	1,474	1,351	125	125
Book Value per Share	$1.56	$2.05	$1.85	$2.52	$0.70	$0.00
Tangible Book Value per Share	$1.01	$1.48	$1.23	$2.22	$0.62	$0.00
Total Capital	241	280	186	200	78	0.00
Total Debt	111	110	43	7.63	6.26	0.00
Total Long-Term Debt	110	110	42	7.48	4.03	0.00
Net Debt	76	35	4.44	-102	-11	0.00
Capital Expenditures (CapEx)	15	26	40	17	9.13	17
Debt-free, Cash-free Net Working Capital (DFCFNWC)	87	82	36	36	34	0.00
Debt-free Net Working Capital (DFNWC)	121	157	75	146	52	0.00
Net Working Capital (NWC)	121	157	74	146	50	0.00
Net Nonoperating Expense (NNE)	26	26	22	6.15	-2.06	1.18
Net Nonoperating Obligations (NNO)	76	35	4.44	-102	-11	0.00
Total Depreciation and Amortization (D&A)	19	16	14	8.96	6.52	4.29
Debt-free, Cash-free Net Working Capital to Revenue	33.87%	37.69%	20.11%	24.67%	31.05%	0.00%
Debt-free Net Working Capital to Revenue	47.37%	72.65%	41.32%	98.82%	46.82%	0.00%
Net Working Capital to Revenue	47.12%	72.35%	40.92%	98.72%	44.81%	0.00%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.66)	$0.00	($0.88)	($0.26)	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	83.31M	0.00	76.77M	52.92M	0.00	0.00
Adjusted Diluted Earnings per Share	($0.66)	$0.00	($0.88)	($0.26)	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	83.31M	0.00	76.77M	52.92M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	83.89M	0.00	88.22M	76.45M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	-29	-32	-43	-7.54	1.44	1.90
Normalized NOPAT Margin	-11.14%	-14.77%	-23.81%	-5.11%	1.30%	1.79%
Pre Tax Income Margin	-20.88%	-26.49%	-36.23%	-8.80%	4.53%	1.85%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	0.00	-8.83	0.00	-6.55	9.35	4.04
NOPAT to Interest Expense	0.00	-6.02	0.00	-4.39	2.39	6.63
EBIT Less CapEx to Interest Expense	0.00	-13.66	0.00	-16.73	-5.82	-21.70
NOPAT Less CapEx to Interest Expense	0.00	-10.86	0.00	-14.57	-12.77	-19.11
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	-4.10%	43.97%	124.64%

This table displays calculated financial ratios and metrics derived from Paragon 28's official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	18.47%	18.10%	19.62%	17.38%	17.58%	14.73%	20.03%	25.78%	20.42%	28.33%
EBITDA Growth	73.49%	26.13%	32.14%	-57.80%	69.10%	-10.80%	-81.57%	-19.16%	-1,190.23%	-204.02%
EBIT Growth	48.83%	10.24%	12.66%	-50.97%	58.96%	-20.28%	-44.51%	-13.38%	-575.98%	-90.34%
NOPAT Growth	54.02%	19.58%	11.02%	-66.92%	60.81%	-23.80%	-33.29%	-7.43%	-615.24%	-96.01%
Net Income Growth	50.19%	-10.64%	-4.03%	-60.92%	39.81%	-14.68%	-37.96%	-17.06%	-500.58%	-90.41%
EPS Growth	51.85%	-7.14%	-6.25%	-61.54%	43.75%	-7.69%	-23.08%	-8.33%	-585.71%	-8.33%
Operating Cash Flow Growth	79.97%	81.12%	47.21%	21.81%	-23.75%	-16.54%	41.99%	-247.95%	-523.81%	-139.25%
Free Cash Flow Firm Growth	90.08%	70.28%	29.01%	-59.84%	17.53%	31.04%	69.75%	75.43%	0.00%	21.27%
Invested Capital Growth	1.06%	4.55%	13.74%	27.38%	39.09%	27.45%	25.81%	20.92%	62.54%	74.80%
Revenue Q/Q Growth	15.10%	2.16%	-0.11%	0.86%	14.74%	3.48%	-1.97%	1.03%	11.96%	8.25%
EBITDA Q/Q Growth	40.23%	27.02%	41.80%	18.69%	-66.57%	32.97%	-35.33%	79.55%	-497.32%	-9.86%
EBIT Q/Q Growth	16.49%	14.41%	27.21%	17.33%	-46.49%	16.72%	-25.81%	73.26%	-329.32%	-0.05%
NOPAT Q/Q Growth	23.87%	21.51%	28.82%	2.55%	-33.16%	13.15%	-33.52%	74.62%	-320.60%	6.49%
Net Income Q/Q Growth	9.87%	10.48%	20.79%	30.80%	-100.19%	15.83%	-22.53%	70.85%	-281.39%	-1.26%
EPS Q/Q Growth	13.33%	11.76%	19.05%	32.26%	-92.86%	12.50%	-23.08%	72.92%	-269.23%	0.00%
Operating Cash Flow Q/Q Growth	-23.04%	73.90%	7.11%	32.86%	-16.01%	27.03%	-37.57%	-6.27%	-9.25%	63.68%
Free Cash Flow Firm Q/Q Growth	55.82%	54.22%	40.02%	19.55%	-32.42%	-9.35%	-35.06%	57.83%	-10.72%	52.03%
Invested Capital Q/Q Growth	-2.00%	0.12%	1.98%	1.00%	1.39%	8.92%	14.21%	10.28%	-7.09%	7.52%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	72.92%	74.08%	74.99%	77.34%	69.94%	77.41%	77.26%	80.34%	82.14%	81.54%
EBITDA Margin	-3.66%	-7.05%	-9.87%	-16.95%	-16.37%	-11.28%	-17.41%	-12.61%	-62.30%	-11.68%
Operating Margin	-8.97%	-13.56%	-17.65%	-24.76%	-23.11%	-19.91%	-23.72%	-17.41%	-69.32%	-18.45%
EBIT Margin	-10.59%	-14.60%	-17.43%	-23.92%	-24.53%	-19.21%	-23.87%	-18.60%	-70.26%	-18.32%
Profit (Net Income) Margin	-15.50%	-19.79%	-22.59%	-28.48%	-36.86%	-21.13%	-25.97%	-20.78%	-72.00%	-21.14%
Tax Burden Percent	105.28%	101.69%	101.70%	100.96%	100.55%	99.04%	102.07%	99.35%	99.01%	102.11%
Interest Burden Percent	138.96%	133.30%	127.43%	117.95%	149.45%	111.04%	106.59%	112.45%	103.49%	112.97%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-7.82%	-11.27%	-14.69%	-21.20%	-19.91%	-16.05%	-20.04%	-15.80%	-74.11%	-17.92%
ROIC Less NNEP Spread (ROIC-NNEP)	-19.75%	-27.44%	-39.69%	-168.04%	-83.76%	132.21%	1.90%	-6.23%	-49.25%	-90.47%
Return on Net Nonoperating Assets (RNNOA)	-7.29%	-6.54%	-5.73%	-4.34%	-10.52%	-1.85%	-0.22%	1.49%	14.31%	-3.96%
Return on Equity (ROE)	-15.12%	-17.81%	-20.43%	-25.53%	-30.43%	-17.91%	-20.26%	-14.31%	-59.80%	-21.88%
Cash Return on Invested Capital (CROIC)	-14.94%	-20.85%	-30.68%	-43.72%	-50.88%	-50.34%	-50.38%	-48.39%	-84.01%	0.00%
Operating Return on Assets (OROA)	-8.71%	-12.02%	-13.43%	-16.91%	-18.04%	-14.48%	-16.92%	-12.27%	-51.98%	-16.72%
Return on Assets (ROA)	-12.74%	-16.29%	-17.40%	-20.13%	-27.11%	-15.92%	-18.41%	-13.71%	-53.27%	-19.28%
Return on Common Equity (ROCE)	-15.12%	-17.81%	-20.43%	-25.53%	-30.43%	-17.91%	-20.26%	-14.31%	-59.80%	-17.97%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-47.22%	-44.03%	-41.56%	0.00%	-37.32%	-35.61%	-32.77%	0.00%	-20.27%
Net Operating Profit after Tax (NOPAT)	-4.50	-5.92	-7.54	-11	-9.80	-7.36	-8.47	-6.34	-25	-5.94
NOPAT Margin	-6.28%	-9.49%	-12.35%	-17.33%	-16.18%	-13.94%	-16.60%	-12.19%	-48.52%	-12.92%
Net Nonoperating Expense Percent (NNEP)	11.93%	16.17%	24.99%	146.85%	63.85%	-148.26%	-21.94%	-9.57%	-24.86%	72.54%
Return On Investment Capital (ROIC_SIMPLE)	-1.87%	-	-	-	-3.50%	-	-	-	-13.47%	-
Cost of Revenue to Revenue	27.08%	25.92%	25.01%	22.66%	30.06%	22.59%	22.74%	19.66%	17.86%	18.46%
SG&A Expenses to Revenue	72.49%	78.55%	81.03%	89.69%	79.67%	83.60%	85.92%	84.21%	86.33%	86.22%
R&D to Revenue	9.39%	9.08%	11.61%	12.42%	13.38%	13.72%	15.06%	13.55%	12.72%	13.77%
Operating Expenses to Revenue	81.89%	87.63%	92.63%	102.10%	93.05%	97.32%	100.98%	97.76%	151.46%	100.00%
Earnings before Interest and Taxes (EBIT)	-7.60	-9.10	-11	-15	-15	-10	-12	-9.68	-36	-8.43
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-2.63	-4.40	-6.03	-10	-9.91	-5.95	-8.88	-6.56	-32	-5.37
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.62	4.00	3.86	6.63	6.06	5.35	7.34	7.34	10.34	7.98
Price to Tangible Book Value (P/TBV)	10.20	6.00	5.65	9.53	8.39	7.07	9.63	9.56	15.56	11.07
Price to Revenue (P/Rev)	3.38	2.28	2.41	4.54	4.75	5.00	7.28	7.84	8.13	7.92
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	4.55	2.98	3.00	5.21	5.20	5.18	7.81	9.02	10.05	8.56
Enterprise Value to Revenue (EV/Rev)	3.67	2.57	2.68	4.77	4.91	5.03	7.21	7.62	8.15	7.85
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.85	0.79	0.75	0.72	0.65	0.22	0.22	0.21	0.30	0.25
Long-Term Debt to Equity	0.84	0.79	0.75	0.71	0.65	0.22	0.21	0.21	0.30	0.25
Financial Leverage	0.37	0.24	0.14	0.03	0.13	-0.01	-0.12	-0.24	-0.29	0.04
Leverage Ratio	2.08	1.79	1.77	1.77	1.88	1.51	1.51	1.49	1.46	1.59
Compound Leverage Factor	2.88	2.38	2.25	2.09	2.82	1.67	1.60	1.68	1.52	1.79
Debt to Total Capital	45.88%	44.24%	42.95%	41.73%	39.42%	18.14%	17.74%	17.29%	23.13%	20.14%
Short-Term Debt to Total Capital	0.27%	0.26%	0.25%	0.24%	0.23%	0.27%	0.27%	0.28%	0.39%	0.34%
Long-Term Debt to Total Capital	45.61%	43.98%	42.70%	41.49%	39.19%	17.87%	17.47%	17.01%	22.74%	19.80%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	54.12%	55.76%	57.05%	58.27%	60.58%	81.86%	82.26%	82.71%	76.87%	79.86%
Debt to EBITDA	-4.73	-3.60	-3.43	-3.15	-3.53	-0.80	-0.81	-0.88	-0.90	-2.37
Net Debt to EBITDA	-3.25	-2.33	-1.98	-1.49	-1.11	-0.15	0.26	0.88	-0.09	0.72
Long-Term Debt to EBITDA	-4.70	-3.58	-3.41	-3.13	-3.51	-0.79	-0.80	-0.86	-0.88	-2.33
Debt to NOPAT	-3.88	-3.27	-3.13	-3.05	-3.45	-0.91	-0.94	-0.98	-0.99	-1.99
Net Debt to NOPAT	-2.67	-2.11	-1.81	-1.44	-1.09	-0.17	0.30	0.99	-0.10	0.60
Long-Term Debt to NOPAT	-3.86	-3.25	-3.12	-3.03	-3.43	-0.90	-0.92	-0.97	-0.98	-1.96
Altman Z-Score	3.68	2.50	2.54	4.06	4.33	6.84	9.23	9.01	8.04	10.50
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	17.87%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.51	3.50	3.57	3.40	4.06	3.07	3.20	3.10	2.08	3.60
Quick Ratio	1.53	1.48	1.61	1.69	2.20	1.25	1.61	1.93	1.11	2.22
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-6.67	-15	-33	-55	-67	-51	-46	-34	-82	-74
Operating Cash Flow to CapEx	-140.13%	-77.79%	-314.96%	-198.97%	-357.88%	-221.26%	-260.65%	-192.66%	-191.17%	-262.71%
Free Cash Flow to Firm to Interest Expense	0.00	-4.98	-11.31	-20.97	-30.85	-45.40	-57.86	-28.55	0.00	-67.40
Operating Cash Flow to Interest Expense	0.00	-0.88	-3.50	-4.19	-7.51	-12.61	-24.09	-11.67	0.00	-11.08
Operating Cash Flow Less CapEx to Interest Expense	0.00	-2.01	-4.61	-6.30	-9.60	-18.31	-33.33	-17.72	0.00	-15.30
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.82	0.82	0.77	0.71	0.74	0.75	0.71	0.66	0.74	0.91
Accounts Receivable Turnover	6.71	7.06	6.63	5.86	5.77	5.96	5.99	5.92	5.70	6.04
Inventory Turnover	0.72	0.67	0.65	0.68	0.69	0.58	0.58	0.63	0.63	0.66
Fixed Asset Turnover	3.52	3.32	3.23	3.16	3.18	3.14	3.16	3.24	3.85	4.06
Accounts Payable Turnover	3.43	2.64	2.24	2.23	2.84	2.08	1.79	2.19	2.30	2.28
Days Sales Outstanding (DSO)	54.38	51.73	55.07	62.30	63.26	61.24	60.90	61.69	64.02	60.46
Days Inventory Outstanding (DIO)	508.00	548.74	559.65	537.97	531.59	633.81	632.37	576.73	576.92	549.01
Days Payable Outstanding (DPO)	106.27	138.28	162.74	163.43	128.69	175.82	204.34	166.38	158.92	160.27
Cash Conversion Cycle (CCC)	456.11	462.18	451.97	436.84	466.17	519.23	488.93	472.03	482.02	449.20
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	207	211	211	207	205	202	185	162	147	158
Invested Capital Turnover	1.25	1.19	1.19	1.22	1.23	1.15	1.21	1.30	1.53	1.39
Increase / (Decrease) in Invested Capital	2.17	9.18	25	44	57	43	38	28	57	68
Enterprise Value (EV)	941	630	631	1,075	1,063	1,044	1,447	1,463	1,478	1,355
Market Capitalization	865	558	567	1,023	1,028	1,036	1,460	1,506	1,474	1,368
Book Value per Share	$1.56	$1.67	$1.77	$1.86	$2.05	$2.35	$2.42	$2.33	$1.85	$2.23
Tangible Book Value per Share	$1.01	$1.11	$1.21	$1.30	$1.48	$1.77	$1.84	$1.79	$1.23	$1.61
Total Capital	241	250	257	265	280	237	242	248	186	215
Total Debt	111	111	111	110	110	43	43	43	43	43
Total Long-Term Debt	110	110	110	110	110	42	42	42	42	42
Net Debt	76	71	64	52	35	7.98	-14	-43	4.44	-13
Capital Expenditures (CapEx)	2.34	3.43	3.24	5.53	4.58	6.38	7.42	7.30	6.92	4.61
Debt-free, Cash-free Net Working Capital (DFCFNWC)	87	88	87	82	82	80	68	48	36	53
Debt-free Net Working Capital (DFNWC)	121	128	133	140	157	115	125	134	75	109
Net Working Capital (NWC)	121	127	133	139	157	114	124	133	74	108
Net Nonoperating Expense (NNE)	6.62	6.42	6.25	6.81	13	3.79	4.78	4.47	12	3.78
Net Nonoperating Obligations (NNO)	76	71	64	52	35	7.98	-14	-43	4.44	-13
Total Depreciation and Amortization (D&A)	4.97	4.71	4.61	4.26	4.94	4.19	3.30	3.12	4.10	3.06
Debt-free, Cash-free Net Working Capital to Revenue	33.87%	36.08%	36.81%	36.18%	37.69%	38.39%	33.85%	25.12%	20.11%	30.41%
Debt-free Net Working Capital to Revenue	47.37%	52.05%	56.66%	62.01%	72.65%	55.24%	62.15%	69.84%	41.32%	63.04%
Net Working Capital to Revenue	47.12%	51.79%	56.39%	61.73%	72.35%	54.93%	61.82%	69.48%	40.92%	62.61%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.13)	($0.15)	($0.17)	($0.21)	($0.27)	($0.10)	($0.13)	($0.11)	($0.48)	($0.13)
Adjusted Weighted Average Basic Shares Outstanding	83.31M	83.56M	83.12M	82.85M	82.09M	82.55M	82.37M	80.68M	76.77M	76.85M
Adjusted Diluted Earnings per Share	($0.13)	($0.15)	($0.17)	($0.21)	($0.27)	($0.10)	($0.13)	($0.11)	($0.48)	($0.13)
Adjusted Weighted Average Diluted Shares Outstanding	83.31M	83.56M	83.12M	82.85M	82.09M	82.55M	82.37M	80.68M	76.77M	76.85M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	83.89M	83.72M	83.54M	82.95M	82.84M	82.70M	82.55M	82.32M	88.22M	77.13M
Normalized Net Operating Profit after Tax (NOPAT)	-4.50	-5.92	-7.54	-11	-9.80	-7.36	-8.47	-6.34	-25	-5.94
Normalized NOPAT Margin	-6.28%	-9.49%	-12.35%	-17.33%	-16.18%	-13.94%	-16.60%	-12.19%	-48.52%	-12.92%
Pre Tax Income Margin	-14.72%	-19.46%	-22.21%	-28.21%	-36.66%	-21.33%	-25.44%	-20.91%	-72.72%	-20.70%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	-3.00	-3.65	-5.57	-6.81	-9.06	-15.16	-8.03	0.00	-7.71
NOPAT to Interest Expense	0.00	-1.95	-2.58	-4.04	-4.49	-6.57	-10.55	-5.26	0.00	-5.44
EBIT Less CapEx to Interest Expense	0.00	-4.13	-4.76	-7.68	-8.91	-14.76	-24.40	-14.09	0.00	-11.93
NOPAT Less CapEx to Interest Expense	0.00	-3.08	-3.70	-6.15	-6.59	-12.27	-19.79	-11.32	0.00	-9.65
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Paragon 28's Financials

When does Paragon 28's fiscal year end?

According to the most recent income statement we have on file, Paragon 28's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Paragon 28's net income changed over the last 5 years?

Paragon 28's net income appears to be on an upward trend, with a most recent value of -$54.64 million in 2024, falling from $3.12 million in 2019. The previous period was -$57.53 million in 2023. View Paragon 28's forecast to see where analysts expect Paragon 28 to go next.

What is Paragon 28's operating income?

Paragon 28's total operating income in 2024 was -$40.78 million, based on the following breakdown:

Total Gross Profit: $191.49 million
Total Operating Expenses: $232.27 million

How has Paragon 28 revenue changed over the last 5 years?

Over the last 5 years, Paragon 28's total revenue changed from $106.28 million in 2019 to $256.18 million in 2024, a change of 141.0%.

How much debt does Paragon 28 have?

Paragon 28's total liabilities were at $160.13 million at the end of 2024, a 1.7% decrease from 2023, and a 513.6% increase since 2020.

How much cash does Paragon 28 have?

In the past 4 years, Paragon 28's cash and equivalents has ranged from $17.50 million in 2020 to $109.35 million in 2021, and is currently $34.58 million as of their latest financial filing in 2024.

How has Paragon 28's book value per share changed over the last 5 years?

Over the last 5 years, Paragon 28's book value per share changed from 0.00 in 2019 to 1.56 in 2024, a change of 156.0%.

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This page (NYSE:FNA) was last updated on 5/21/2025 by MarketBeat.com Staff

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Paragon 28 (FNA) Financials

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Paragon 28 (FNA) Financials

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