Financial Snapshot

Revenue
$287.6M
TTM
Gross Margin
81.77%
TTM
Net Earnings
-$3.099M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
812.1%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$423.9M
Q2 2024
Cash
Q2 2024
P/E
-279.7
Sep 17, 2024 EST
Free Cash Flow
$20.14M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $219.8M $137.0M $94.09M $62.65M $51.87M $22.79M $13.75M
YoY Change 60.38% 45.65% 50.18% 20.79% 127.62% 65.72%

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
Revenue $219.8M $137.0M $94.09M $62.65M $51.87M $22.79M $13.75M
Cost Of Revenue $44.98M $32.01M $15.82M $9.685M $7.310M $5.297M $4.920M
Gross Profit $174.8M $105.0M $78.26M $52.96M $44.56M $17.49M $8.830M
Gross Profit Margin 79.53% 76.64% 83.18% 84.54% 85.91% 76.75% 64.22%

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
Selling, General & Admin $180.2M $143.0M $86.74M $48.13M $29.84M $16.47M $15.18M
YoY Change 25.98% 64.87% 80.21% 61.29% 81.18% 8.5%
% of Gross Profit 103.06% 136.15% 110.83% 90.88% 66.98% 94.18% 171.91%
Research & Development $53.62M $44.90M $29.65M $13.26M $7.385M $4.854M $4.470M
YoY Change 19.41% 51.46% 123.64% 79.5% 52.14% 8.59%
% of Gross Profit 30.67% 42.75% 37.88% 25.03% 16.58% 27.75% 50.62%
Depreciation & Amortization $12.33M $10.54M $3.407M $472.0K $354.0K $287.0K $310.0K
YoY Change 16.95% 209.45% 621.82% 33.33% 23.34% -7.42%
% of Gross Profit 7.05% 10.04% 4.35% 0.89% 0.79% 1.64% 3.51%
Operating Expenses $233.8M $187.9M $116.4M $61.39M $37.23M $21.33M $19.73M
YoY Change 24.41% 61.45% 89.59% 64.9% 74.57% 8.08%
Operating Profit -$67.98M -$72.86M -$40.08M -$6.542M $7.328M -$3.836M -$10.90M
YoY Change -6.7% 81.78% 512.64% -189.27% -291.03% -64.81%

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
Interest Expense $11.00K $17.00K $1.000K $2.634M $4.571M $2.274M -$1.620M
YoY Change -35.29% 1600.0% -99.96% -42.38% 101.01% -240.37%
% of Operating Profit 62.38%
Other Income/Expense, Net $0.00 -$2.933M -$272.0K $160.0K
YoY Change -100.0% 978.31% -270.0%

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
Pretax Income -$57.37M -$68.90M -$40.01M -$10.20M $5.350M -$6.360M -$12.36M
YoY Change -16.75% 72.21% 292.27% -290.65% -184.12% -48.54%
Income Tax $101.0K -$1.766M -$8.720M $84.00K $72.00K $9.000K $10.00K
% Of Pretax Income 1.35%
Net Earnings -$57.47M -$67.14M -$31.29M -$10.28M $5.277M -$6.367M -$12.37M
YoY Change -14.41% 114.55% 204.28% -294.88% -182.88% -48.53%
Net Earnings / Revenue -26.15% -48.99% -33.26% -16.42% 10.17% -27.94% -89.96%
Basic Earnings Per Share -$2.14 -$2.58 -$1.24 -$0.54 $0.35 -$5.33
Diluted Earnings Per Share -$2.14 -$2.58 -$1.24 -$0.54 -$0.21 -$5.33 -$770.7K

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
Cash & Short-Term Investments $243.1M $258.6M $329.6M $409.9M $98.80M $4.500M $1.200M
YoY Change -6.0% -21.54% -19.58% 314.88% 2095.56% 275.0%
Cash & Equivalents $98.84M $122.9M $329.6M $409.9M $98.80M $4.500M $1.200M
Short-Term Investments $144.3M $135.7M
Other Short-Term Assets $6.292M $6.207M $4.807M $4.800M $2.000M $700.0K $500.0K
YoY Change 1.37% 29.12% 0.15% 140.0% 185.71% 40.0%
Inventory $7.942M $3.980M $2.021M $2.200M $1.200M $900.0K $300.0K
Prepaid Expenses
Receivables $38.30M $23.48M $17.28M $12.80M $14.60M $12.10M $4.700M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $295.6M $292.3M $353.7M $429.6M $116.7M $18.10M $6.700M
YoY Change 1.15% -17.37% -17.66% 268.12% 544.75% 170.15%
Property, Plant & Equipment $37.74M $26.50M $16.88M $7.100M $2.100M $1.500M $1.500M
YoY Change 42.43% 56.93% 137.8% 238.1% 40.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.440M $1.110M $1.715M $1.500M $100.0K $200.0K $100.0K
YoY Change 29.73% -35.28% 14.33% 1400.0% -50.0% 100.0%
Total Long-Term Assets $157.7M $155.0M $108.8M $9.700M $3.000M $4.300M $3.100M
YoY Change 1.72% 42.46% 1021.95% 223.33% -30.23% 38.71%
Total Assets $453.3M $447.3M $462.6M $439.3M $119.7M $22.40M $9.800M
YoY Change
Accounts Payable $10.27M $4.731M $2.546M $2.100M $1.900M $1.500M $1.100M
YoY Change 117.04% 85.82% 21.24% 10.53% 26.67% 36.36%
Accrued Expenses $33.85M $29.43M $20.58M $12.10M $7.500M $5.300M $3.100M
YoY Change 15.04% 42.99% 70.08% 61.33% 41.51% 70.97%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $71.00K $148.0K $105.0K $0.00 $5.800M $0.00 $1.000M
YoY Change -52.03% 40.95% -100.0% -100.0%
Total Short-Term Liabilities $47.67M $36.13M $24.89M $20.90M $15.30M $6.700M $5.200M
YoY Change 31.94% 45.17% 19.07% 36.6% 128.36% 28.85%
Long-Term Debt $25.00K $90.00K $124.0K $0.00 $19.30M $24.50M $17.60M
YoY Change -72.22% -27.42% -100.0% -21.22% 39.2%
Other Long-Term Liabilities $14.17M $11.53M $25.19M $2.800M $100.0K $1.200M $1.300M
YoY Change 22.89% -54.21% 799.54% 2700.0% -91.67% -7.69%
Total Long-Term Liabilities $14.20M $11.62M $25.31M $2.800M $19.40M $25.70M $18.90M
YoY Change 22.15% -54.08% 803.96% -85.57% -24.51% 35.98%
Total Liabilities $62.07M $48.18M $50.83M $23.60M $34.60M $32.50M $24.10M
YoY Change 28.83% -5.22% 115.39% -31.79% 6.46% 34.85%

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
Basic Shares Outstanding 26.80M shares 26.05M shares 25.14M shares 18.93M shares 8.584M shares 1.906M shares
Diluted Shares Outstanding 26.80M shares 26.05M shares 25.14M shares 18.93M shares 8.658M shares 1.906M 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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Dividends

Dividends

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Stock Price

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Market Cap: $866.77 Million

About Castle Biosciences Inc

Castle Biosciences, Inc. is a commercial-stage dermatological cancer company, which engages in the provision of genomic information for physicians and patients. The company is headquartered in Friendswood, Texas and currently employs 610 full-time employees. The company went IPO on 2019-07-25. The firm is focused on providing physicians and their patients with personalized, clinically actionable information to clinicians and their patients to inform treatment decisions and improve health outcomes. Its portfolio consists of tests for skin cancers, uveal melanoma, Barretts esophagus and mental health conditions. Its products include DecisionDx-Melanoma, DecisionDx-SCC, MyPath Melanoma, TissueCypher, and DecisionDx-UM, IDgenetix. DecisionDx-Melanoma is a risk stratification gene expression profile (GEP) test that predicts the risk of metastasis, or recurrence, for patients diagnosed with invasive cutaneous melanoma (CM), a deadly skin cancer. MyPath Melanoma is GEP test offering for patients with difficult-to-diagnose melanocytic lesions. IDgenetix is pharmacogenomics (PGx) test that helps to guide optimal drug treatment for patients diagnosed with major depressive disorder, bipolar disorder, and other.

Industry: Services-Medical Laboratories Peers: Accolade Inc Airsculpt Technologies Inc CareMax Inc GeneDx Holdings Corp CVS Health Corp Enhabit Inc InnovAge Holding Corp Invitae Corp National Research Corp