Financial Snapshot

Revenue
$65.56M
TTM
Gross Margin
77.73%
TTM
Net Earnings
-$43.82M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
339.56%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$27.86M
Q3 2024
Cash
Q3 2024
P/E
-4.482
Nov 29, 2024 EST
Free Cash Flow
-$62.35M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $49.09M $38.21M $54.51M $45.56M $24.55M $20.43M
YoY Change 28.46% -29.89% 19.64% 85.55% 20.18%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $49.09M $38.21M $54.51M $45.56M $24.55M $20.43M
Cost Of Revenue $13.01M $14.15M $30.52M $22.00M $6.070M $4.410M
Gross Profit $36.08M $24.06M $23.99M $23.56M $18.48M $16.03M
Gross Profit Margin 73.5% 62.96% 44.01% 51.72% 75.27% 78.46%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $67.39M $61.46M $50.52M $34.86M $30.64M $25.90M
YoY Change 9.64% 21.67% 44.93% 13.77% 18.29%
% of Gross Profit 186.79% 255.47% 210.59% 147.95% 165.78% 161.57%
Research & Development $9.988M $13.10M $12.79M $10.82M $10.47M $8.190M
YoY Change -23.77% 2.45% 18.22% 3.34% 27.81%
% of Gross Profit 27.69% 54.46% 53.31% 45.92% 56.65% 51.09%
Depreciation & Amortization $3.328M $3.597M $3.178M $2.900M $2.790M $1.740M
YoY Change -7.48% 13.18% 9.59% 3.94% 60.34%
% of Gross Profit 9.22% 14.95% 13.25% 12.31% 15.1% 10.85%
Operating Expenses $90.43M $88.80M $95.45M $68.49M $51.29M $34.09M
YoY Change 1.84% -6.96% 39.36% 33.53% 50.46%
Operating Profit -$41.34M -$50.59M -$40.94M -$22.93M -$26.74M -$18.06M
YoY Change -18.28% 23.56% 78.51% -14.24% 48.07%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense $9.536M $8.072M $4.508M $7.604M $3.008M -$2.890M
YoY Change 18.14% 79.06% -40.72% 152.79% -204.08%
% of Operating Profit
Other Income/Expense, Net -$10.80M -$14.86M -$2.219M -$8.416M -$3.985M $390.0K
YoY Change -27.29% 569.67% -73.63% 111.19% -1121.79%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$52.15M -$65.45M -$43.16M -$31.35M -$30.73M -$26.17M
YoY Change -20.32% 51.64% 37.67% 2.02% 17.42%
Income Tax $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$52.15M -$65.45M -$43.16M -$31.35M -$30.73M -$26.17M
YoY Change -20.32% 51.64% 37.67% 2.03% 17.41%
Net Earnings / Revenue -106.23% -171.27% -79.18% -68.81% -125.15% -128.1%
Basic Earnings Per Share -$0.64 -$1.55 -$1.58
Diluted Earnings Per Share -$0.64 -$1.55 -$1.577M -$1.180M -$1.171M -$997.0K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $26.28M $43.09M $32.71M $62.10M $5.300M $5.900M
YoY Change -39.0% 31.72% -47.32% 1071.7% -10.17%
Cash & Equivalents $26.28M $43.09M $32.71M $62.10M $5.300M $5.900M
Short-Term Investments
Other Short-Term Assets $5.720M $5.181M $7.245M $8.700M $2.100M $2.100M
YoY Change 10.4% -28.49% -16.72% 314.29% 0.0%
Inventory
Prepaid Expenses
Receivables $7.679M $5.065M $3.656M $15.30M $5.300M $1.900M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $39.68M $53.33M $43.61M $86.10M $12.70M $9.900M
YoY Change -25.6% 22.29% -49.35% 577.95% 28.28%
Property, Plant & Equipment $29.61M $8.821M $4.179M $3.200M $2.100M $1.400M
YoY Change 235.7% 111.08% 30.59% 52.38% 50.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.859M $5.923M $1.657M $3.500M $100.0K $100.0K
YoY Change 15.8% 257.45% -52.66% 3400.0% 0.0%
Total Long-Term Assets $59.41M $39.57M $32.48M $35.00M $28.90M $29.20M
YoY Change 50.14% 21.82% -7.19% 21.11% -1.03%
Total Assets $99.10M $92.91M $76.10M $121.1M $41.60M $39.10M
YoY Change
Accounts Payable $2.929M $1.685M $1.662M $9.000M $1.700M $900.0K
YoY Change 73.83% 1.38% -81.53% 429.41% 88.89%
Accrued Expenses $5.090M $7.446M $4.899M $4.700M $1.900M $1.600M
YoY Change -31.64% 51.99% 4.23% 147.37% 18.75%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $12.00M $0.00
YoY Change -100.0%
Long-Term Debt Due $51.00K $49.00K $19.00K $11.80M $0.00
YoY Change 4.08% 157.89% -99.84%
Total Short-Term Liabilities $33.42M $22.84M $28.96M $32.10M $22.60M $4.500M
YoY Change 46.31% -21.14% -9.78% 42.04% 402.22%
Long-Term Debt $35.23M $25.00M $9.993M $15.90M $23.80M $23.10M
YoY Change 40.88% 150.22% -37.15% -33.19% 3.03%
Other Long-Term Liabilities $25.88M $24.46M $17.42M $31.90M $29.80M $25.60M
YoY Change 5.8% 40.42% -45.4% 7.05% 16.41%
Total Long-Term Liabilities $61.10M $49.46M $27.41M $47.80M $53.60M $48.70M
YoY Change 23.53% 80.45% -42.66% -10.82% 10.06%
Total Liabilities $94.52M $72.30M $56.37M $79.90M $76.20M $53.10M
YoY Change 30.73% 28.26% -29.45% 4.86% 43.5%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 82.11M 42.10M 27.37M
Diluted Shares Outstanding 82.11M 42.10M 27.37M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $196.38 Million

About BIODESIX INC

Biodesix, Inc. provides blood-based diagnostics services for patients with lung disease. The company is headquartered in Louisville, Colorado and currently employs 217 full-time employees. The company went IPO on 2020-10-28. The firm develops diagnostic tests addressing clinical questions by combining multi-omics through the power of artificial intelligence. Biodesix offers over five Medicare-covered tests for patients with lung diseases. The blood based Nodify Lung Nodule Risk Assessment testing strategy, consisting of the Nodify XL2 and the Nodify CDT tests, evaluates the risk of malignancy in incidental pulmonary nodules, enabling physicians to better triage patients to the appropriate course of action. The blood based IQLung strategy for lung cancer patients integrates the GeneStrat targeted ddPCR test, the GeneStrat NGS test and the VeriStrat test to support treatment decisions across all stages of lung cancer. Biodesix also leverages the advanced Diagnostic Cortex artificial intelligence (AI) platform, to collaborate with biotechnology and pharmaceutical companies to solve complex diagnostic challenges in lung disease.

Industry: Services-Medical Laboratories Peers: Bitech Technologies Corp CRYO CELL INTERNATIONAL INC CVS HEALTH Corp ENZO BIOCHEM INC InfuSystem Holdings, Inc Talkspace, Inc. Novo Integrated Sciences, Inc. WeCapital Holdings, Inc. PSYCHEMEDICS CORP