Record-Breaking Revenue Growth
Fourth quarter top line revenue increased to $16.7 million, representing growth of 38% over Q4 2023. Full year revenue growth was 27% over 2023.
Significant Increase in ALLY System Placements
A total of 31 ALLY Systems were placed in the fourth quarter, with 20 in the U.S. This marks a new quarterly high for LENSAR.
Expansion into New Markets
Expansion in laser placements into Europe and Southeast Asia continued, with 24 systems placed since launching ALLY outside the U.S. after mid-August 2024.
Substantial Market Share Gain
LENSAR added an additional 7.5% share in procedures in the U.S., bringing the total share to almost 21%.
Positive Adjusted EBITDA
Achieved positive adjusted EBITDA of $478,000 in Q4 2024, marking the second consecutive quarter of positive adjusted EBITDA.
Strong Demand and Future Outlook
Confident in delivering strong financial results in 2025 with top line revenue growth expected to exceed 27%.