Financial Snapshot

Revenue
$277.8M
TTM
Gross Margin
36.17%
TTM
Net Earnings
-$165.0M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
441.33%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.135B
Q3 2024
Cash
Q3 2024
P/E
-3.745
Nov 29, 2024 EST
Free Cash Flow
-$28.67M
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
Revenue $289.2M $619.0M $992.6M $421.7M $32.53M $21.35M $18.73M $18.28M $9.576M $1.278M
YoY Change -53.27% -37.64% 135.37% 1196.46% 52.35% 13.99% 2.48% 90.85% 649.3%

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
Revenue $289.2M $619.0M $992.6M $421.7M $32.53M $21.35M $18.73M $18.28M $9.576M $1.278M
Cost Of Revenue $184.8M $252.1M $215.5M $89.81M $14.11M $0.00 $8.600M $6.722M $5.069M $936.0K
Gross Profit $104.5M $366.9M $777.1M $331.9M $18.42M $21.35M $10.20M $11.55M $4.507M $342.0K
Gross Profit Margin 36.12% 59.28% 78.29% 78.7% 56.63% 100.0% 54.46% 63.22% 47.07% 26.76%

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
Selling, General & Admin $130.5M $150.0M $75.17M $30.17M $12.31M $10.19M $9.438M $7.100M $5.100M $800.0K
YoY Change -13.02% 99.53% 149.18% 145.02% 20.82% 7.97% 32.93% 39.22% 537.5%
% of Gross Profit 124.9% 40.88% 9.67% 9.09% 66.84% 47.73% 92.53% 61.45% 113.16% 233.92%
Research & Development $41.44M $28.91M $24.22M $11.58M $6.537M $5.500M $4.200M $3.600M $4.400M $521.0K
YoY Change 43.34% 19.37% 109.15% 77.15% 18.85% 30.95% 16.67% -18.18% 744.53%
% of Gross Profit 39.67% 7.88% 3.12% 3.49% 35.49% 25.76% 41.18% 31.16% 97.63% 152.34%
Depreciation & Amortization $26.14M $32.66M $11.00M $2.962M $2.107M $2.163M $1.728M $1.200M $600.0K $200.0K
YoY Change -19.96% 196.82% 271.51% 40.58% -2.59% 25.17% 44.0% 100.0% 200.0%
% of Gross Profit 25.03% 8.9% 1.42% 0.89% 11.44% 10.13% 16.94% 10.39% 13.31% 58.48%
Operating Expenses $300.0M $188.4M $99.39M $41.75M $18.85M $15.72M $13.66M $10.64M $9.500M $521.0K
YoY Change 59.25% 89.53% 138.08% 121.48% 19.87% 15.1% 28.44% 11.96% 1723.42%
Operating Profit -$195.5M $178.5M $677.7M $290.2M -$428.0K -$5.070M -$3.482M $918.0K -$4.993M -$179.0K
YoY Change -209.52% -73.66% 133.55% -67893.93% -91.56% 45.61% -479.3% -118.39% 2689.39%

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
Interest Expense $21.44M $346.0K $117.0K $20.00K $800.0K $400.0K $500.0K -$5.400M $0.00 $0.00
YoY Change 6097.69% 195.73% 485.0% -97.5% 100.0% -20.0% -109.26%
% of Operating Profit 0.19% 0.02% 0.01% -588.24%
Other Income/Expense, Net
YoY Change

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
Pretax Income -$174.1M $184.0M $677.3M $291.7M $409.0K -$4.602M -$3.001M -$4.468M -$5.000M -$1.000M
YoY Change -194.6% -72.83% 132.2% 71216.38% -108.89% 53.35% -32.83% -10.64% 400.0%
Income Tax $1.154M $42.10M $174.8M $72.53M $43.00K $36.00K -$1.015M $920.0K $0.00 $0.00
% Of Pretax Income 22.88% 25.81% 24.87% 10.51%
Net Earnings -$167.8M $143.4M $507.4M $214.3M -$411.0K -$5.607M -$2.510M -$5.347M -$8.314M -$4.283M
YoY Change -217.03% -71.74% 136.74% -52243.55% -92.67% 123.39% -53.06% -35.69% 94.12%
Net Earnings / Revenue -58.03% 23.17% 51.12% 50.82% -1.26% -26.26% -13.4% -29.26% -86.82% -335.13%
Basic Earnings Per Share
Diluted Earnings Per Share -$5.64 $4.63 $16.38M $8.892M -$21.39K -$311.1K -$141.2K -$386.9K -$680.3K -$247.1K

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
Cash & Short-Term Investments $424.2M $526.2M $450.5M $299.4M $28.30M $31.00M $26.50M $20.90M $500.0K $200.0K
YoY Change -19.4% 16.81% 50.47% 957.95% -8.71% 16.98% 26.79% 4080.0% 150.0%
Cash & Equivalents $97.47M $79.51M $164.9M $87.40M $12.00M $6.700M $6.500M $7.900M $500.0K $200.0K
Short-Term Investments $326.7M $446.7M $285.6M $211.9M $16.30M $24.30M $20.00M $13.00M
Other Short-Term Assets $26.25M $11.09M $16.45M $20.20M $1.600M $1.000M $800.0K $700.0K $300.0K $100.0K
YoY Change 136.58% -32.56% -18.56% 1162.5% 60.0% 25.0% 14.29% 133.33% 200.0%
Inventory
Prepaid Expenses
Receivables $51.13M $52.75M $139.1M $185.2M $6.700M $5.900M $4.000M $4.600M $2.100M $400.0K
Other Receivables $6.313M $37.79M $5.862M $18.90M $500.0K $1.600M $1.600M $0.00 $100.0K $0.00
Total Short-Term Assets $507.8M $627.9M $612.0M $523.6M $37.10M $39.50M $32.90M $26.10M $2.900M $700.0K
YoY Change -19.12% 2.6% 16.88% 1311.32% -6.08% 20.06% 26.05% 800.0% 314.29%
Property, Plant & Equipment $95.62M $98.92M $71.16M $41.00M $8.600M $6.400M $7.300M $6.200M $2.500M $1.000M
YoY Change -3.34% 39.01% 73.57% 376.74% 34.38% -12.33% 17.74% 148.0% 150.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $423.6M $326.6M $485.0M $132.5M $42.80M $7.900M $16.80M $25.60M
YoY Change 29.67% -32.66% 266.07% 209.58% 441.77% -52.98% -34.38%
Other Assets $43.19M $38.94M $23.74M $3.300M $300.0K $0.00 $200.0K $100.0K $400.0K $400.0K
YoY Change 10.9% 64.04% 619.36% 1000.0% -100.0% 100.0% -75.0% 0.0%
Total Long-Term Assets $727.5M $758.2M $666.8M $176.9M $51.70M $14.40M $24.30M $31.90M $2.900M $1.400M
YoY Change -4.05% 13.71% 276.91% 242.17% 259.03% -40.74% -23.82% 1000.0% 107.14%
Total Assets $1.235B $1.386B $1.279B $700.5M $88.80M $53.90M $57.20M $58.00M $5.800M $2.100M
YoY Change
Accounts Payable $15.36M $23.09M $20.49M $26.50M $1.600M $1.300M $2.100M $2.800M $300.0K $200.0K
YoY Change -33.49% 12.68% -22.66% 1556.25% 23.08% -38.1% -25.0% 833.33% 50.0%
Accrued Expenses $30.74M $24.98M $17.69M $8.700M $1.800M $1.400M $900.0K $400.0K $200.0K $100.0K
YoY Change 23.04% 41.22% 103.32% 383.33% 28.57% 55.56% 125.0% 100.0% 100.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $20.64M $21.28M $15.00M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -3.04% 41.89%
Long-Term Debt Due $1.727M $943.0K $332.0K
YoY Change 83.14% 184.04%
Total Short-Term Liabilities $73.02M $88.11M $105.3M $130.1M $3.700M $2.700M $3.000M $3.300M $700.0K $400.0K
YoY Change -17.13% -16.34% -19.05% 3416.22% 37.04% -10.0% -9.09% 371.43% 75.0%
Long-Term Debt $3.760M $1.818M $1.398M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 106.82% 30.04%
Other Long-Term Liabilities $11.32M $16.42M $5.407M $600.0K $2.300M $0.00 $0.00 $0.00
YoY Change -31.02% 203.62% 801.17% -73.91%
Total Long-Term Liabilities $15.08M $18.24M $6.805M $600.0K $2.300M $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -17.28% 167.96% 1034.17% -73.91%
Total Liabilities $99.23M $119.4M $120.0M $131.1M $6.000M $2.800M $3.000M $3.600M $700.0K $400.0K
YoY Change -16.87% -0.5% -8.49% 2085.0% 114.29% -6.67% -16.67% 414.29% 75.0%

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
Basic Shares Outstanding 29.78M 30.10M 29.41M 22.69M 18.71M 17.98M 17.74M
Diluted Shares Outstanding 29.78M 30.96M 30.98M 24.06M 18.71M 17.98M 17.74M
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: $617.85 Million

About Fulgent Genetics, Inc.

Fulgent Genetics, Inc. is a technology company, which engages in the provision of gene testing and sequencing solutions. The company is headquartered in El Monte, California and currently employs 1,184 full-time employees. The company went IPO on 2016-09-28. The Company’s laboratory services business includes technical laboratory services and professional interpretation of laboratory results by licensed physicians. Its therapeutic development business is focused on developing drug candidates for treating a range of cancers using a nanoencapsulation and targeted therapy platform designed to improve the therapeutic window and pharmacokinetic profile (PK) profile of new and existing cancer drugs. Its technology platform for its laboratory services business includes gene probes, data suppression and comparison algorithms, learning software, and laboratory information management systems. The platform provides a test menu, the ability to rapidly develop and launch new tests and customizable test offerings. The firm also offers next-generation sequencing (NGS) services.

Industry: Services-Medical Laboratories Peers: 23andMe Holding Co. CROSS COUNTRY HEALTHCARE INC CVS HEALTH Corp DocGo Inc. P3 Health Partners Inc. Hims & Hers Health, Inc. ModivCare Inc RadNet, Inc.