Biodesix Inc

Biodesix Inc

BDSX · NASDAQ · Healthcare / Diagnostics & Research

9.88USD+0.09 (+0.92%)

Price History

Full chart

Market Stats

Previous Close9.79
Open10.06
Day Range9.85 – 11.32
52-Week Range5.26 – 31.35
Volume386.12K
Market Cap310.20M
P/E (TTM)0.00
Forward P/E0.00
EPS-3.10
Dividend Yield0.00%
Beta0.59
50-Day Avg24.87
200-Day Avg16.29

About

Biodesix, Inc. operates as a diagnostic solutions company. The company offers blood-based lung tests, including Nodify XL2 and Nodify CDT tests markets as Nodify Lung Nodule Risk Assessment testing to assess the risk of lung cancer and help in identifying the appropriate treatment pathway and help physicians in reclassifying risk of malignancy in patients with suspicious lung nodules. It also provides GeneStrat ddPCR, GeneStrat NGS, and VeriStrat tests markets as part of IQLung testing strategy, which are used in the diagnosis of lung cancer to measure the presence of mutations in the tumor and the state of the patient's immune system to guide treatment decisions. In addition, the company provides diagnostic solutions, including translational research, initial biomarker discovery, assay design, development and validation, testing of clinical trial samples, regulatory, reimbursement, commercialization, and logistical support services for biopharmaceutical, life sciences, and diagnostic companies. Further, it operates laboratories. The company was formerly known as Elston Technologies, Inc. and as changed to Biodesix, Inc. in 2006. Biodesix, Inc. was incorporated in 2005 and is headquartered in Louisville, Colorado.

Company Details

  • SectorHealthcare
  • IndustryDiagnostics & Research
  • CEOMr. Scott Hutton
  • Employees334
  • Headquarters919 West Dillon Road, Louisville, CO, United States, 80027, USA
  • Websitehttps://www.biodesix.com

Leadership

  • Mr. Scott HuttonPresident, CEO & Director · b. 1972
  • Ms. Robin Harper CowieCFO, Secretary & Treasurer · b. 1980
  • Mr. Kieran O'KaneChief Commercial Officer · b. 1978
  • Dr. Heinrich Roder D.PhilFounder & CTO
  • Dr. Gary Anthony Pestano Ph.D.Chief Scientific Officer · b. 1968
  • Ms. Jessica OlbrichtSenior Director of Human Resources
  • Ms. Bobbi CoffinChief Growth Officer
  • Dr. James R. Jett M.D.Co-Chief Medical Officer
  • Dr. Steven C. Springmeyer FCCP, M.D.Co-Chief Medical Officer
  • Dr. Michael N. Kammer Ph.D.Head of Radiomics

Financials

Income Statement

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue20.43M24.55M45.56M54.51M38.21M49.09M71.32M88.50M
Growth (%)-+20.16%+85.55%+19.64%-29.89%+28.46%+45.30%+24.08%
Cost of Revenue4.41M6.07M22.00M30.52M14.15M13.01M15.57M16.72M
Gross Profit16.03M18.48M23.56M23.99M24.06M36.08M55.75M71.78M
Gross Margin78.44%75.26%51.71%44.01%62.96%73.50%78.17%81.11%
Operating Expense39.49M45.22M46.49M64.93M74.64M77.42M90.25M99.55M
Operating Income-23.46M-26.74M-22.93M-40.94M-50.59M-41.34M-34.50M-27.77M
Operating Margin-114.82%-108.92%-50.34%-75.11%-132.39%-84.22%-48.37%-31.37%
EBITDA-21.51M-24.93M-20.84M-35.47M-51.53M-37.10M-29.22M-21.95M
EBITDA Margin-105.28%-101.52%-45.75%-65.08%-134.86%-75.59%-40.96%-24.80%
Net Income-26.17M-30.73M-31.35M-43.16M-65.45M-52.15M-42.93M-35.27M
Net Income Margin-128.06%-125.15%-68.81%-79.18%-171.27%-106.23%-60.19%-39.85%
R&D8.19M10.47M10.82M12.79M13.10M9.99M9.56M12.00M
R&D as % of Total Revenue40.07%42.64%23.75%23.46%34.29%20.35%13.40%13.56%
Interest Expense2.92M3.01M7.60M4.51M8.07M9.54M8.26M7.72M
Interest Expense % of Total Revenue14.27%12.25%16.69%8.27%21.12%19.43%11.58%8.72%

Balance Sheet

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets39.06M41.63M121.07M76.10M92.91M99.10M97.24M87.48M
Total Liabilities237.09M270.17M79.90M56.37M72.30M94.52M76.37M89.94M
Total Equity-198.03M-228.54M41.17M19.73M20.61M4.58M20.88M-2.46M
Cash5.91M5.29M62.13M32.71M43.09M26.28M26.25M18.99M
Total Debt23.10M35.97M27.77M10.01M31.85M60.69M61.98M72.85M
Net Debt17.18M30.68M-34.36M-22.70M-11.24M34.41M35.73M53.87M

Cash Flow

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-17.68M-21.73M-21.37M-28.22M-44.97M-22.87M-48.65M-23.27M
Investing Cash Flow-617.00K-1.87M-2.93M-2.55M-3.53M-23.06M-3.44M-403.00K
Financing Cash Flow19.03M22.97M81.13M1.26M58.88M29.13M52.05M16.42M
Capital Expenditure617.00K1.31M2.18M2.55M3.53M23.06M3.23M403.00K
Free Cash Flow-18.29M-23.04M-23.54M-30.77M-48.51M-45.93M-51.88M-23.67M
Dividends Paid---328.00K-643.00K--
FCF to OCF103.49%106.03%110.19%109.02%107.86%200.84%106.64%101.73%
Dividend Paid to FCF----1.07%--1.40%--

Earnings

Report DateSep 2, 2020Dec 10, 2020Mar 16, 2021May 11, 2021Aug 10, 2021Nov 15, 2021Feb 14, 2022May 11, 2022Aug 4, 2022Nov 3, 2022Mar 6, 2023May 11, 2023Aug 7, 2023Nov 7, 2023Mar 1, 2024May 8, 2024Aug 7, 2024Nov 1, 2024Feb 27, 2025May 13, 2025Aug 7, 2025Nov 3, 2025Feb 26, 2026May 4, 2026Aug 5, 2026Nov 2, 2026
EPS Estimate-0.28-5.00-0.44-3.50-5.80-9.55-0.49-8.50-9.30-6.55-5.55-0.24-4.13-3.00-0.11-2.87-1.84-1.52-0.07-1.40-0.07-1.51-1.05-1.10-0.86-0.74
EPS Actual-0.28-6.60-0.25-5.20-8.20-8.20-0.49-10.00-8.00-6.80-7.00-0.24-3.40-2.80-0.10-2.80-1.60-1.40-0.06-1.60-0.08-1.16-0.49-0.81-0.71-
Surprise1.79%-32.00%43.18%-48.57%-41.38%14.14%0.00%-17.65%13.98%-3.82%-26.13%0.00%17.68%6.67%9.09%2.44%13.04%7.89%10.04%-14.29%-14.29%23.18%53.33%26.36%17.44%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap310.20M
Enterprise Value350.84M
Trailing P/E0.00
Forward P/E0.00
Price / Sales3.01
Price / Book33.80
EPS-3.10
Book Value0.867
Revenue (TTM)102.94M
Gross Profit (TTM)84.93M
EBITDA-15.01M
Profit Margin-26.97%
Operating Margin-20.01%
Return on Equity-540.01%
Return on Assets-14.05%
Shares Outstanding10.55M
Shares Float4.98M
Beta0.59
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 6 analystsTarget 35.50
  • Strong Buy
    4
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
41.41%
Insiders
40.13%
Retail / Other
18.46%

Top Institutional Holders

  • AIGH Capital Management, LLC
    678.33K6.43%
  • Soleus Capital Management, L.P.
    585.96K5.55%
  • Telemark Asset Management, LLC
    489.82K4.64%
  • Aberdeen Group PLC
    388.64K3.68%
  • Vanguard Capital Management, LLC
    255.16K2.42%
  • Essex Investment Management Company, LLC
    241.91K2.29%
  • Opaleye Management Inc
    180.00K1.71%
  • Marshall Wace Asset Management Ltd
    141.64K1.34%
  • StemPoint Capital LP
    140.01K1.33%
  • Perceptive Advisors LLC
    108.69K1.03%
  • Two Sigma Investments LLC
    86.82K0.82%
  • Legato Capital Management LLC
    81.38K0.77%
  • Trexquant Investment LP
    69.60K0.66%
  • Geode Capital Management, LLC
    50.00K0.47%
  • GSA Capital Partners LLP
    46.99K0.45%
  • Perkins Capital Management Inc
    44.78K0.42%
  • SEI Investments Co
    43.02K0.41%

Top Fund Holders

  • abrdn Healthcare Opportunities
    320.08K3.03%
  • Vanguard MStar Total Stk Mkt Idx Invest
    204.10K1.93%
  • 1290 Essex Small Cap Growth I
    58.95K0.56%

Stock Splits

  • Sep 15, 20251:20