Financial Snapshot

Revenue
$555.1M
TTM
Gross Margin
66.97%
TTM
Net Earnings
-$39.48M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
141.23%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$186.8M
Q3 2024
Cash
Q3 2024
P/E
-22.69
Nov 29, 2024 EST
Free Cash Flow
$29.04M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $512.3M $512.1M $430.9M $321.2M $340.1M $319.2M $292.1M $274.5M $253.7M $242.9M $232.4M
YoY Change 0.04% 18.85% 34.17% -5.58% 6.56% 9.28% 6.41% 8.2% 4.45% 4.52%

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 2017 2016 2015 2014 2013
Revenue $512.3M $512.1M $430.9M $321.2M $340.1M $319.2M $292.1M $274.5M $253.7M $242.9M $232.4M
Cost Of Revenue $184.2M $181.0M $128.2M $87.64M $90.94M $84.20M $82.10M $80.40M $74.50M $75.80M $71.40M
Gross Profit $328.2M $331.1M $302.7M $233.5M $249.2M $235.0M $210.0M $194.1M $179.1M $167.1M $161.0M
Gross Profit Margin 64.06% 64.65% 70.25% 72.71% 73.27% 73.62% 71.89% 70.71% 70.6% 68.79% 69.28%

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 2017 2016 2015 2014 2013
Selling, General & Admin $303.9M $332.6M $254.3M $193.1M $198.5M $191.7M $164.8M $160.3M $148.4M $147.1M $150.4M
YoY Change -8.64% 30.82% 31.68% -2.72% 3.53% 16.32% 2.81% 8.02% 0.88% -2.19%
% of Gross Profit 92.59% 100.46% 83.99% 82.68% 79.64% 81.57% 78.48% 82.59% 82.86% 88.03% 93.42%
Research & Development $13.45M $25.94M $19.04M $11.20M $11.06M $8.100M $8.100M $7.900M $14.70M $9.500M $10.90M
YoY Change -48.17% 36.25% 69.96% 1.33% 36.48% 0.0% 2.53% -46.26% 54.74% -12.84%
% of Gross Profit 4.1% 7.84% 6.29% 4.8% 4.44% 3.45% 3.86% 4.07% 8.21% 5.69% 6.77%
Depreciation & Amortization $57.37M $66.80M $34.88M $28.64M $30.32M $29.24M $10.00M $11.00M $33.08M $28.82M $24.46M
YoY Change -14.13% 91.55% 21.76% -5.52% 3.68% 192.4% -9.09% -66.75% 14.78% 17.83%
% of Gross Profit 17.48% 20.18% 11.52% 12.27% 12.17% 12.44% 4.76% 5.67% 18.47% 17.25% 15.19%
Operating Expenses $317.3M $358.5M $273.3M $204.3M $209.5M $208.3M $183.0M $179.2M $173.8M $165.5M $169.0M
YoY Change -11.5% 31.2% 33.78% -2.51% 0.59% 13.83% 2.12% 3.11% 5.02% -2.07%
Operating Profit -$81.73M -$251.0M $12.06M $21.24M $31.19M $26.70M $27.00M $14.90M $5.300M $1.600M -$8.000M
YoY Change -67.45% -2181.49% -43.21% -31.92% 16.83% -1.11% 81.21% 181.13% 231.25% -120.0%

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 2017 2016 2015 2014 2013
Interest Expense -$40.68M -$25.80M -$1.112M -$9.751M -$21.58M -$18.00M -$8.400M -$11.10M -$33.00M -$13.40M -$11.50M
YoY Change 57.69% 2219.69% -88.6% -54.81% 19.88% 114.29% -24.32% -66.36% 146.27% 16.52%
% of Operating Profit -9.22% -45.92% -69.18% -67.42% -31.11% -74.5% -622.64% -837.5%
Other Income/Expense, Net -$39.39M -$12.85M -$4.441M -$5.323M -$21.50M -$700.0K -$400.0K -$700.0K -$1.900M $400.0K -$700.0K
YoY Change 206.48% 189.37% -16.57% -75.25% 2972.0% 75.0% -42.86% -63.16% -575.0% -157.14%

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 2017 2016 2015 2014 2013
Pretax Income -$121.1M -$263.9M $7.620M $15.91M $9.689M $6.100M $8.700M -$5.700M -$32.00M -$11.40M -$20.20M
YoY Change -54.11% -3563.24% -52.12% 64.25% 58.84% -29.89% -252.63% -82.19% 180.7% -43.56%
Income Tax $85.00K -$50.51M -$1.966M $1.192M $1.576M $1.700M -$800.0K $1.100M $2.100M $1.500M $2.100M
% Of Pretax Income -25.8% 7.49% 16.27% 27.87% -9.2%
Net Earnings -$156.2M -$158.7M $19.38M $16.41M $6.851M -$12.20M $600.0K -$18.00M -$34.10M -$12.90M -$22.40M
YoY Change -1.56% -919.12% 18.06% 139.54% -156.16% -2133.33% -103.33% -47.21% 164.34% -42.41%
Net Earnings / Revenue -30.49% -30.99% 4.5% 5.11% 2.01% -3.82% 0.21% -6.56% -13.44% -5.31% -9.64%
Basic Earnings Per Share -$2.49 -$2.59 -$0.15
Diluted Earnings Per Share -$2.49 -$2.59 -$0.15 $295.0K $124.1K -$219.4K $10.79K -$323.7K -$613.3K -$232.0K -$402.9K

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 2017 2016 2015 2014 2013
Cash & Short-Term Investments $36.96M $31.81M $43.93M $86.80M $64.50M $42.80M $5.000M $15.80M
YoY Change 16.19% -27.59% -49.39% 34.57% 50.7% -68.35%
Cash & Equivalents $36.96M $31.81M $43.93M $86.80M $64.50M $42.80M
Short-Term Investments
Other Short-Term Assets $16.66M $18.44M $32.44M $7.500M $5.800M $5.100M $4.700M $5.700M
YoY Change -9.68% -43.15% 332.49% 29.31% 13.73% -17.54%
Inventory $91.33M $85.41M $61.69M $29.10M $27.30M $27.40M $35.20M $26.70M
Prepaid Expenses
Receivables $123.0M $136.9M $125.0M $88.40M $85.40M $73.00M $54.50M $46.60M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $500.0K
Total Short-Term Assets $268.0M $272.6M $263.1M $211.8M $183.0M $148.4M $99.40M $95.20M
YoY Change -1.68% 3.6% 24.22% 15.74% 23.32% 4.41%
Property, Plant & Equipment $49.96M $44.96M $40.17M $21.80M $19.80M $4.800M $9.600M $10.40M
YoY Change 11.13% 11.91% 84.27% 10.1% 312.5% -7.69%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.141M $2.636M $29.29M $19.40M $3.300M $2.800M
YoY Change 19.16% -91.0% 50.98% 487.88% 17.86%
Other Assets $0.00 $0.00 $50.48M $500.0K $500.0K
YoY Change -100.0% 0.0%
Total Long-Term Assets $542.9M $1.100B $962.8M $282.7M $289.4M $294.3M $388.0M $335.2M
YoY Change -50.65% 14.26% 240.56% -2.32% -1.66% 15.75%
Total Assets $810.9M $1.373B $1.226B $494.5M $472.4M $442.7M $487.4M $430.4M
YoY Change
Accounts Payable $23.04M $37.55M $16.92M $4.400M $6.400M $8.200M $8.400M $5.400M
YoY Change -38.65% 121.99% 284.43% -31.25% -21.95% 55.56%
Accrued Expenses $119.1M $113.1M $137.7M $98.80M $67.60M $49.00M $31.40M $24.30M
YoY Change 5.3% -17.87% 39.39% 46.15% 37.96% 29.22%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $23.50M $0.00
YoY Change
Long-Term Debt Due $27.85M $33.06M $18.04M $15.00M $10.00M $5.300M $14.10M $7.900M
YoY Change -15.76% 83.26% 20.25% 50.0% 88.68% 78.48%
Total Short-Term Liabilities $175.5M $304.0M $180.9M $122.6M $89.00M $65.40M $87.70M $52.20M
YoY Change -42.27% 68.1% 47.52% 37.75% 36.09% 68.01%
Long-Term Debt $367.0M $385.0M $339.6M $173.4M $188.0M $189.6M $158.8M $163.1M
YoY Change -4.68% 13.36% 95.87% -7.77% -0.84% -2.64%
Other Long-Term Liabilities $46.08M $189.3M $38.05M $51.00M $45.90M $38.50M $39.70M $28.30M
YoY Change -75.65% 397.45% -25.39% 11.11% 19.22% 40.28%
Total Long-Term Liabilities $413.1M $574.3M $377.7M $224.4M $233.9M $228.1M $198.5M $191.4M
YoY Change -28.07% 52.05% 68.31% -4.06% 2.54% 3.71%
Total Liabilities $637.3M $1.056B $766.9M $352.2M $329.4M $297.5M $295.0M $252.9M
YoY Change -39.65% 37.7% 117.76% 6.92% 10.72% 16.65%

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 2017 2016 2015 2014 2013
Basic Shares Outstanding 62.65M shares 61.39M shares 45.47M shares
Diluted Shares Outstanding 62.65M shares 61.39M shares 45.47M shares
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: $895.95 Million

About Bioventus Inc.

Bioventus, Inc. is a medical technology company, which focuses on developing and commercializing and proprietary orthobiologic products for the treatment of patients suffering from an array of musculoskeletal conditions. The company is headquartered in Durham, North Carolina and currently employs 1,030 full-time employees. The company went IPO on 2021-02-11. The firm is focused on developing and commercializing clinically differentiated and minimally invasive treatments that engage and enhance the body’s natural healing process. Its portfolio of products is grouped into three areas. Its Pain Treatments include non-surgical pain injection therapies as well as peripheral nerve stimulation (PNS) products to help the patient get back to their normal activities. Its Surgical Solutions include bone graft substitutes (BGS) that increase bone formation to stimulate bone healing in spinal fusions and other orthopedic surgeries, as well as a portfolio of ultrasonic products used for precise bone cutting and sculpting, soft tissue management and tissue debridement in various surgeries. Its Restorative Therapies comprise a bone stimulation system, as well as devices designed to help patients regain leg or hand function due to stroke, multiple sclerosis or other central nervous system disorders.

Industry: Surgical & Medical Instruments & Apparatus Peers: BIOLIFE SOLUTIONS INC RxSight, Inc. CERUS CORP ORASURE TECHNOLOGIES INC Pulmonx Corp ORTHOPEDIATRICS CORP SmileDirectClub, Inc. UTAH MEDICAL PRODUCTS INC UFP TECHNOLOGIES INC