Financial Snapshot

Revenue
$157.0M
TTM
Gross Margin
77.69%
TTM
Net Earnings
-$37.40M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
825.23%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$165.0M
Q3 2024
Cash
Q3 2024
P/E
-17.42
Nov 12, 2024 EST
Free Cash Flow
-$22.49M
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 $138.9M $106.4M $90.15M $73.39M $67.30M $55.38M $47.98M $42.10M $41.17M $40.05M $49.00M
YoY Change 30.52% 18.03% 22.84% 9.04% 21.53% 15.42% 13.97% 2.26% 2.8% -18.27%

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 $138.9M $106.4M $90.15M $73.39M $67.30M $55.38M $47.98M $42.10M $41.17M $40.05M $49.00M
Cost Of Revenue $29.47M $15.71M $10.43M $8.902M $6.790M $4.833M $5.112M $5.170M $5.400M $6.500M $4.330M
Gross Profit $109.4M $90.70M $79.72M $64.49M $60.51M $50.55M $42.87M $36.94M $35.78M $33.55M $44.67M
Gross Profit Margin 78.78% 85.24% 88.43% 87.87% 89.91% 91.27% 89.35% 87.74% 86.91% 83.77% 91.16%

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 $141.3M $136.7M $119.0M $93.59M $89.24M $57.14M $54.71M $48.12M $53.59M $50.68M $41.59M
YoY Change 3.39% 14.91% 27.1% 4.88% 56.18% 4.44% 13.69% -10.21% 5.74% 21.86%
% of Gross Profit 129.16% 150.69% 149.21% 145.14% 147.47% 113.04% 127.61% 130.27% 149.78% 151.06% 93.1%
Research & Development $15.03M $13.63M $12.44M $9.459M $7.279M $5.376M $5.513M $6.380M $8.610M $9.170M $8.370M
YoY Change 10.28% 9.53% 31.53% 29.95% 35.4% -2.49% -13.59% -25.9% -6.11% 9.56%
% of Gross Profit 13.73% 15.02% 15.61% 14.67% 12.03% 10.64% 12.86% 17.27% 24.06% 27.33% 18.74%
Depreciation & Amortization $5.428M $3.452M $2.086M $1.130M $774.0K $722.0K $1.013M $1.040M $790.0K $290.0K $50.00K
YoY Change 57.24% 65.48% 84.6% 45.99% 7.2% -28.73% -2.6% 31.65% 172.41% 480.0%
% of Gross Profit 4.96% 3.81% 2.62% 1.75% 1.28% 1.43% 2.36% 2.82% 2.21% 0.86% 0.11%
Operating Expenses $156.4M $150.3M $131.4M $103.1M $96.51M $62.51M $60.22M $54.50M $62.20M $59.86M $49.97M
YoY Change 4.02% 14.4% 27.5% 6.77% 54.39% 3.8% 10.5% -12.38% 3.91% 19.79%
Operating Profit -$46.93M -$59.61M -$51.67M -$38.57M -$36.00M -$11.97M -$17.35M -$17.56M -$26.42M -$26.31M -$5.300M
YoY Change -21.27% 15.36% 33.97% 7.12% 200.9% -31.04% -1.2% -33.54% 0.42% 396.42%

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 $3.462M $2.819M $5.365M $6.101M $4.949M $5.108M $6.204M -$3.240M -$1.660M -$1.520M -$910.0K
YoY Change 22.81% -47.46% -12.06% 23.28% -3.11% -17.67% -291.48% 95.18% 9.21% 67.03%
% of Operating Profit
Other Income/Expense, Net $141.0K -$132.0K $277.0K -$126.0K -$2.000K -$1.149M $340.0K $210.0K -$70.00K $20.00K $60.00K
YoY Change -206.82% -147.65% -319.84% 6200.0% -99.83% -437.94% 61.9% -400.0% -450.0% -66.67%

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 -$43.49M -$61.40M -$57.04M -$41.71M -$37.71M -$16.84M -$22.72M -$20.59M -$28.15M -$27.80M -$6.140M
YoY Change -29.16% 7.65% 36.75% 10.6% 123.99% -25.89% 10.33% -26.86% 1.26% 352.77%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $10.00K
% Of Pretax Income
Net Earnings -$43.34M -$61.26M -$56.57M -$43.70M -$38.40M -$17.45M -$23.04M -$20.59M -$28.15M -$27.81M -$6.150M
YoY Change -29.25% 8.28% 29.46% 13.79% 120.04% -24.25% 11.89% -26.86% 1.22% 352.2%
Net Earnings / Revenue -31.2% -57.57% -62.75% -59.54% -57.06% -31.51% -48.01% -48.91% -68.38% -69.44% -12.55%
Basic Earnings Per Share -$1.13 -$1.79 -$1.71 -$1.50
Diluted Earnings Per Share -$1.13 -$1.79 -$1.71 -$1.50 -$1.554M -$2.195M -$1.057M -$944.9K -$1.292M -$1.276M -$282.2K

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 $166.0M $97.29M $147.0M $196.4M $91.80M $122.2M $22.40M $27.90M $20.30M $17.60M $8.500M
YoY Change 70.64% -33.81% -25.16% 113.94% -24.88% 445.54% -19.71% 37.44% 15.34% 107.06%
Cash & Equivalents $33.27M $20.72M $63.42M $53.60M $10.40M $25.10M $22.40M $27.90M $20.30M $17.60M $8.500M
Short-Term Investments $132.7M $76.57M $83.56M $142.9M $81.30M $97.10M
Other Short-Term Assets $3.173M $2.365M $3.143M $2.600M $2.500M $2.000M $1.300M $1.000M $1.200M $800.0K $700.0K
YoY Change 34.16% -24.75% 20.88% 4.0% 25.0% 53.85% 30.0% -16.67% 50.0% 14.29%
Inventory $20.25M $17.28M $11.50M $5.600M $5.500M $3.300M $2.600M $1.500M $2.700M $1.700M $1.300M
Prepaid Expenses
Receivables $21.95M $20.67M $14.25M $13.60M $11.70M $8.500M $7.400M $6.000M $5.800M $5.900M $6.000M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $211.4M $137.6M $175.9M $218.2M $111.5M $136.0M $33.60M $36.30M $29.90M $26.00M $16.50M
YoY Change 53.62% -21.75% -19.4% 95.7% -18.01% 304.76% -7.44% 21.4% 15.0% 57.58%
Property, Plant & Equipment $18.71M $19.57M $14.24M $4.500M $4.000M $2.200M $1.900M $2.600M $3.500M $2.600M $1.200M
YoY Change -4.4% 37.4% 216.44% 12.5% 81.82% 15.79% -26.92% -25.71% 34.62% 116.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $1.300M $300.0K $200.0K
YoY Change -100.0% 50.0%
Other Assets $325.0K $375.0K $400.0K $400.0K $300.0K $300.0K $300.0K $500.0K $1.900M $100.0K $100.0K
YoY Change -13.33% -6.25% 0.0% 33.33% 0.0% 0.0% -40.0% -73.68% 1800.0% 0.0%
Total Long-Term Assets $19.03M $19.94M $14.64M $4.900M $5.500M $2.500M $2.200M $3.100M $5.500M $3.000M $1.500M
YoY Change -4.56% 36.21% 198.78% -10.91% 120.0% 13.64% -29.03% -43.64% 83.33% 100.0%
Total Assets $230.4M $157.6M $190.5M $223.1M $117.0M $138.5M $35.80M $39.40M $35.40M $29.00M $18.00M
YoY Change
Accounts Payable $4.588M $6.279M $3.198M $3.300M $2.800M $2.100M $1.800M $1.000M $2.500M $2.600M $3.700M
YoY Change -26.93% 96.34% -3.09% 17.86% 33.33% 16.67% 80.0% -60.0% -3.85% -29.73%
Accrued Expenses $18.87M $13.11M $12.39M $9.700M $7.700M $6.000M $4.900M $3.300M $3.100M $3.200M $3.100M
YoY Change 43.94% 5.8% 27.72% 25.97% 28.33% 22.45% 48.48% 6.45% -3.13% 3.23%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $4.400M $0.00 $8.200M $0.00 $0.00 $2.200M
YoY Change -100.0% -100.0% -100.0%
Total Short-Term Liabilities $23.46M $21.18M $16.89M $13.50M $18.80M $9.000M $7.500M $13.40M $6.800M $6.900M $10.20M
YoY Change 10.76% 25.39% 25.11% -28.19% 108.89% 20.0% -44.03% 97.06% -1.45% -32.35%
Long-Term Debt $36.07M $35.17M $34.97M $39.50M $34.90M $39.00M $39.10M $21.70M $26.00M $15.50M $9.800M
YoY Change 2.54% 0.57% -11.46% 13.18% -10.51% -0.26% 80.18% -16.54% 67.74% 58.16%
Other Long-Term Liabilities $1.529M $2.901M $4.223M $900.0K $400.0K $400.0K $0.00 $0.00
YoY Change -47.29% -31.3% 369.22% 125.0% 0.0%
Total Long-Term Liabilities $37.59M $38.07M $39.20M $40.40M $35.30M $39.40M $39.10M $21.70M $26.00M $15.50M $9.800M
YoY Change -1.26% -2.87% -2.98% 14.45% -10.41% 0.77% 80.18% -16.54% 67.74% 58.16%
Total Liabilities $61.05M $59.25M $56.09M $53.80M $54.00M $48.30M $46.70M $35.00M $32.80M $22.40M $20.00M
YoY Change 3.04% 5.64% 4.25% -0.37% 11.8% 3.43% 33.43% 6.71% 46.43% 12.0%

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 2013
Basic Shares Outstanding 38.43M shares 34.20M shares 33.15M shares 29.06M shares
Diluted Shares Outstanding 38.43M shares 34.20M shares 33.15M shares 29.06M 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: $651.68 Million

About SI-BONE Inc

SI-BONE, Inc. is a medical device company, which engages in the provision of a proprietary minimally invasive surgical implant system to fuse the sacroiliac joint for treatment of musculoskeletal disorders of the sacropelvic anatomy. The company is headquartered in Santa Clara, California and currently employs 344 full-time employees. The company went IPO on 2018-10-17. The firm specializes in minimally invasive surgical implant systems to address sacroiliac joint dysfunction as well as address unmet clinical needs in pelvic fixation and management of pelvic fractures. The firm's products include a series of patented titanium implants and the instruments used to implant them, as well as implantable bone products. Its products include iFuse, iFuse-3D, iFuse-TORQ and iFuse Bedrock Granite. Within the United States, iFuse, iFuse-3D and iFuse-TORQ have clearances for applications across sacroiliac joint dysfunction and fusion, adult spinal deformity and degeneration, and pelvic trauma. Its first-generation iFuse, a machined triangular titanium implant, has a triangular cross section that resists twisting or rotation of the implant. The firm's second generation iFuse product, the iFuse-3D implant, is a patented titanium implant.

Industry: Surgical & Medical Instruments & Apparatus Peers: Abbott Laboratories AngioDynamics Inc Artivion Inc Senseonics Holdings Inc AxoGen Inc Cardiovascular Systems Inc Outset Medical Inc Inogen Inc Mesa Laboratories Inc ViewRay Inc