Company Information

  

Address: 600 HOPE PARKWAY SE  
City: LEESBURG 
State: VA 
Zip Code: 20175 
Telephone: 703-777-3155 

Description of Business

Primary SIC Code: 3841
(As filed with the SEC)  

K2M, Inc. was incorporated in 2004 and began working with leading spine surgeons for the purpose of designing, developing and commercializing innovative and proprietary complex spine technologies and techniques. Between 2005 and 2010, we continued to develop our product portfolio while expanding our business, including through the investment of venture capital from Ferrer Freeman & Company, LLC. On August 12, 2010, K2M Group Holdings, Inc., an entity then controlled by Welsh, Carson, Andersen & Stowe, acquired K2M, Inc. Welsh, Carson, Anderson & Stowe XI, L.P. and certain of its affiliated funds are referred to herein as "WCAS," and WCAS, together with the other owners of K2M Group Holdings, Inc. prior to our May 2014 initial public offering, are collectively referred to as our "pre-IPO owners.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/2017-0.96NAN/E
03/2017-1.01NAN/E
12/2016-1.00NAN/E
09/2016-0.90NAN/E
06/2016-0.96NAN/E
03/2016-0.85NAN/E
12/2015-0.97NAN/E
09/2015-1.03NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-0.09Total Liab/Total Assets0.32
Net Inc/Total Assets-0.11Total Liab/Inv Cap0.36
Net Inc/Inv Cap-0.12Total Liab/Comm Equity0.26
Pretax Inc/Net Sales-0.18Interest Coverage Ratio-8.40
Net Inc/Net Sales-0.18Curr Debt/Equity0.00
Cash Flow/Net Sales-0.06LTD/Equity0.27
SG&A/NetSales0.71Total Debt/Equity0.28
Asset Utilization   Liquidity  
Net Receivables Turnover5.55Quick Ratio2.23
Inventory Turnover1.33Current Ratio3.63
Inventory Day Sales0.00Net Rec/Curr Assets0.29
Net Sales/Work Cap2.04Inv/Curr Assets0.39
Net Sales/PP&E4.67  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 65.69 61.89 61.79 59.31
Cost of Goods Sold 22.52 21.48 23.43 19.51
Selling & Admin Exps 45.77 44.23 42.17 40.70
Operating Income -8.16 -9.07 -9.36 -6.10
Interest Exp 1.73 1.73 1.72 1.32
Pretax Income -9.01 -10.83 -12.41 -7.96
Other Income 0.87 -0.03 -1.33 -0.55
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -9.06 -10.87 -12.47 -7.91

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 36.55 38.58 45.51 46.12
Receivables - Total 50.09 46.16 46.43 43.22
Inventories - Total 66.75 63.67 61.90 66.74
Total Current Assets 160.43 155.97 159.99 162.51
Net Property, Plant & Equipment 50.94 51.61 50.71 51.02
Total Assets 381.98 379.04 383.53 391.27
Liabilities        
Accounts Payable 48.05 44.51 43.11 40.64
Debt in Current Liabilities 1.05 1.01 0.97 0.94
Total Current Liabilities 49.09 45.52 44.08 41.57
Long-Term Debt 72.40 72.12 71.83 71.57
Total Liabilities 127.58 123.70 121.96 118.97
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.04 0.04 0.04 0.04
Retained Earnings -231.01 -221.95 -211.08 -198.61
Treasury Stock -0.13 -0.13 -0.13 -0.13
Total Stockholders' Equity 254.41 255.34 261.57 272.30
Total Liabilities and Stockholders' Equity 381.98 379.04 383.53 391.27

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities -3.34 -4.85 1.69 1.07
Net Cash Provided by Investing Activities -4.33 -4.67 -1.96 -3.53
Net Cash Provided by Financing Activities 5.33 2.52 0.30 28.46

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012135.15-32.66--
12/2013157.58-37.91--
12/2014186.67-59.64-1.65
12/2015216.01-39.22-0.97
12/2016236.63-41.66-1.00
Growth Rates15.03----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1717042,87299.02




Report Date : 10/16/2017

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