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. In 2010, K2M Group Holdings, Inc., an entity then controlled by Welsh, Carson, Andersen & Stowe, acquired K2M, Inc. Certain affiliates of Welsh, Carson, Anderson & Stowe are referred to herein as "WCAS," and WCAS, and 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." Since 2010, we have continued to invest in our business by expanding our global distribution network, including through the investment of additional capital raised from our pre-IPO owners, our initial public offering in May 2014, subsequent public offerings in February and July 2015 and issuance of convertible senior notes in August 2016.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/2018-0.91NAN/E
03/2018-0.87NAN/E
12/2017-0.87NAN/E
09/2017-0.97NAN/E
06/2017-0.96NAN/E
03/2017-1.01NAN/E
12/2016-1.00NAN/E
09/2016-0.90NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.08Total Liab/Total Assets0.35
Net Inc/Total Assets-0.10Total Liab/Inv Cap0.41
Net Inc/Inv Cap-0.12Total Liab/Comm Equity0.27
Pretax Inc/Net Sales-0.15Interest Coverage Ratio-4.55
Net Inc/Net Sales-0.14Curr Debt/Equity0.00
Cash Flow/Net Sales-0.05LTD/Equity0.30
SG&A/NetSales0.70Total Debt/Equity0.31
Asset Utilization   Liquidity  
Net Receivables Turnover5.33Quick Ratio1.52
Inventory Turnover1.33Current Ratio2.84
Inventory Day Sales0.00Net Rec/Curr Assets0.33
Net Sales/Work Cap2.59Inv/Curr Assets0.46
Net Sales/PP&E3.42  

Income Statement (Millions)

  6/30/2018 3/31/2018 12/31/2017 9/30/2017
Total Revenues(Net Sales) 73.58 67.88 67.80 62.65
Cost of Goods Sold 25.62 24.42 24.22 20.43
Selling & Admin Exps 51.89 47.81 46.38 44.22
Operating Income -10.40 -10.02 -8.88 -7.35
Interest Exp 2.08 1.78 1.75 1.75
Pretax Income -13.44 -11.32 -10.35 -8.43
Other Income -0.96 0.48 0.28 0.67
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -10.79 -11.40 -8.75 -8.47

Balance Sheet (Millions)

Assets 6/30/2018 3/31/2018 12/31/2017 9/30/2017
Cash & Short Term Investments 66.23 17.19 23.96 33.94
Receivables - Total 54.46 51.26 50.47 45.03
Inventories - Total 80.11 77.39 71.42 72.39
Total Current Assets 206.98 152.63 153.70 158.88
Net Property, Plant & Equipment 76.48 75.83 75.45 49.93
Total Assets 428.58 372.98 373.13 378.60
Liabilities        
Accounts Payable 58.29 53.45 52.94 50.81
Debt in Current Liabilities 1.20 1.16 1.12 1.08
Total Current Liabilities 59.49 54.61 54.06 51.89
Long-Term Debt 124.96 80.30 72.99 72.69
Total Liabilities 185.46 138.62 130.73 129.90
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 -271.41 -260.62 -249.22 -239.48
Treasury Stock -0.52 -0.31 -0.31 -0.31
Total Stockholders' Equity 243.12 234.36 242.40 248.70
Total Liabilities and Stockholders' Equity 428.58 372.98 373.13 378.60

Cash Flow Summary (Millions)

Categories 6/30/2018 3/31/2018 12/31/2017 9/30/2017
Net Cash Provided by Operating Activities -9.27 -8.54 -4.11 -0.52
Net Cash Provided by Investing Activities -6.07 -5.34 -6.39 -2.49
Net Cash Provided by Financing Activities 64.90 6.88 0.36 0.21

Annual Summary Data (Millions)

Year Sales Net Income EPS
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
12/2017258.03-37.15-0.87
Growth Rates13.12----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1816344,716--




Report Date : 9/24/2018

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