ATEC - Alphatec Holdings, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$19.71
DETAILS
HIGH:
$25.00
LOW:
$14.00
MEDIAN:
$23.00
CONSENSUS:
$19.71
UPSIDE:
138.33%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||
| Revenue | 764.2 | 611.6 | 482.3 | 350.9 | 243.2 | 144.9 | 113.4 | 91.7 | 101.7 | 120.2 | 185.3 | 207.0 | 204.7 | 196.3 | 197.7 | 171.6 | 132.2 | 101.3 | 80.0 | 74.0 | 42.3 | 17.8 | 10.9 | 11.3 | 14.0 |
| Cost of Revenue | 232.3 | 187.3 | 172.1 | 117.8 | 85.5 | 42.4 | 35.8 | 28.5 | 39.4 | 44.1 | 63.7 | 61.8 | 78.7 | 70.8 | 80.8 | 58.8 | 48.0 | 36.6 | 29.8 | 25.7 | 17.7 | 5.5 | 0 | 4.5 | 5.8 |
| Gross Profit | 531.9 | 424.3 | 310.2 | 233.1 | 157.8 | 102.5 | 77.6 | 63.2 | 62.3 | 76.1 | 121.5 | 145.1 | 126.1 | 125.5 | 116.9 | 112.8 | 84.1 | 64.7 | 50.2 | 48.3 | 24.6 | 12.4 | 10.9 | 6.8 | 8.1 |
| Operating Expenses | |||||||||||||||||||||||||
| R&D Expenses | 76.3 | 80.7 | 70.1 | 44.0 | 32.0 | 18.7 | 13.8 | 10.0 | 4.9 | 9.2 | 18.0 | 17.3 | 14.2 | 15.2 | 16.9 | 19.4 | 13.5 | 13.0 | 6.4 | 3.6 | 4.1 | 1.2 | 0 | 0.4 | 0.3 |
| SG&A Expenses | 498.5 | 450.2 | 374.1 | 300.0 | 229.3 | 129.2 | 101.7 | 72.5 | 64.4 | 77.3 | 105.7 | 120.6 | 124.9 | 115.1 | 111.6 | 101.3 | 73.8 | 65.8 | 54.2 | 66.8 | 35.6 | 11.0 | 0 | 7.2 | 7.5 |
| Other Expenses | 39.2 | 29.5 | 39.4 | 36.0 | 24.5 | 13.5 | 9.3 | 0.7 | 0 | (0.7) | 7.0 | (0.0) | (1.7) | (0.8) | 2.2 | 1.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 614.0 | 560.4 | 483.6 | 380.0 | 285.8 | 161.4 | 124.9 | 83.2 | 70.0 | 87.5 | 127.6 | 142.6 | 143.8 | 134.3 | 130.6 | 122.2 | 87.3 | 89.8 | 60.5 | 70.4 | 39.6 | 12.2 | 0 | 7.6 | 7.8 |
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (82.1) | (136.2) | (173.4) | (147.0) | (128.1) | (58.9) | (47.3) | (22.4) | (9.0) | (15.4) | (172.4) | 1.8 | (73.4) | (9.8) | (24.5) | (11.8) | (9.6) | (27.8) | (19.7) | (22.1) | (15.0) | 0.2 | 10.9 | (0.8) | 0.3 |
| Interest Expense | 21.1 | 24.9 | 16.6 | 5.5 | 7.1 | 12.4 | 0 | 7.1 | 7.6 | 5.4 | 4.0 | 3.0 | 4.0 | 6.1 | 3.0 | 4.7 | 3.5 | 1.9 | 0.9 | 2.1 | 1.9 | 0.3 | 0 | 0.2 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 9.9 | 0 | 0 | 0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.4 | 0.8 | 0.7 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||
| EBITDA | (39.7) | (53.9) | (110.6) | (102.6) | (106.9) | (54.8) | (38.8) | (13.2) | 0.1 | (13.2) | (149.4) | 20.2 | (48.8) | 10.4 | (3.8) | 6.7 | 2.4 | (18.2) | (8.3) | (13.1) | (11.5) | 1.6 | 10.9 | (0.8) | 0.3 |
| EBIT | (122.3) | (137.2) | (170.3) | (146.5) | (137.1) | (66.5) | (47.3) | (23.0) | 3.0 | (25.6) | (168.4) | 3.3 | (75.1) | (10.5) | (23.7) | (10.5) | (9.9) | (26.9) | (18.7) | (22.1) | (15.0) | 0.9 | 10.9 | (0.8) | 0.3 |
| Income Before Tax | (143.4) | (162.1) | (186.9) | (152.0) | (144.2) | (78.8) | (57.1) | (30.2) | (4.6) | (30.9) | (178.0) | (11.8) | (79.0) | (16.6) | (26.7) | (16.5) | (13.0) | (28.8) | (19.6) | (25.5) | (17.1) | 0.6 | 0 | (1.0) | 0.1 |
| Income Tax Expense | (0.0) | 0.1 | (0.3) | (0.7) | (1.1) | 0.1 | (0.2) | (1.4) | (0.0) | (4.5) | 0.7 | 1.1 | 3.2 | (1.2) | (4.5) | (2.1) | 0.2 | 0.5 | 0.6 | 0.3 | (3.0) | 0.1 | 0.8 | 0.0 | 0.0 |
| Net Income | (143.4) | (162.1) | (186.6) | (151.3) | (143.0) | (79.0) | (57.0) | (29.0) | (2.3) | (30.3) | (178.7) | (12.9) | (82.2) | (15.5) | (22.2) | (14.4) | (13.3) | (29.3) | (20.2) | (25.8) | (14.1) | 0.5 | (0.8) | (1.0) | 0.1 |
| Per Share Data | |||||||||||||||||||||||||
| EPS (Basic) | -0.96 | -1.13 | -1.54 | -1.47 | -1.50 | -1.18 | -1.09 | -0.82 | -0.18 | -3.53 | -21.53 | -1.59 | -10.25 | -2.06 | -3.00 | -2.19 | -3.24 | -7.59 | -6.50 | -11.37 | -9.27 | 0.72 | -1.08 | -1.33 | 0.12 |
| EPS (Diluted) | -0.96 | -1.13 | -1.54 | -1.47 | -1.50 | -1.18 | -1.09 | -0.82 | -0.17 | -3.53 | -21.53 | -1.58 | -10.25 | -2.06 | -3.00 | -2.19 | -3.24 | -7.59 | -6.50 | -11.37 | -9.27 | 0.60 | -1.08 | -1.33 | 0.12 |
| Shares Outstanding | 150.1 | 142.9 | 121.2 | 103.4 | 96.2 | 67.0 | 52.2 | 35.3 | 12.8 | 8.6 | 8.3 | 8.1 | 8.0 | 7.5 | 7.4 | 6.5 | 4.1 | 3.9 | 3.1 | 2.3 | 1.2 | 0.8 | 0.8 | 0.8 | 0.8 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||
| Cash & Cash Equivalents | 160.8 | 138.8 | 221.0 | 84.7 | 187.2 | 107.8 | 47.1 | 29.1 | 22.5 | 19.6 | 10.1 | 18.3 | 1.6 | 1.1 | 1.0 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 97.3 | 83.0 | 72.6 | 60.1 | 41.9 | 24.6 | 16.1 | 15.4 | 14.8 | 18.5 | 24.8 | 18.8 | 2.8 | 0 | 0 |
| Inventory | 169.4 | 175.3 | 136.8 | 101.5 | 91.7 | 46.0 | 34.9 | 28.8 | 27.3 | 30.1 | 29.5 | 24.2 | 2.6 | 0 | 0 |
| Other Current Assets | 23.3 | 20.3 | 20.7 | 9.4 | 0 | 5.8 | 10.2 | 0.2 | 0.1 | 0.4 | 3.3 | 4.3 | 0.1 | 0 | 0 |
| Total Current Assets | 450.9 | 417.4 | 451.1 | 255.6 | 331.2 | 184.2 | 108.3 | 75.5 | 66.5 | 72.8 | 67.6 | 65.5 | 7.3 | 1.1 | 1.0 |
| Non-Current Assets | |||||||||||||||
| Property, Plant & Equipment | 166.5 | 191.1 | 176.2 | 130.3 | 112.7 | 37.8 | 21.6 | 13.2 | 12.7 | 15.1 | 30.4 | 23.1 | 3.7 | 0 | 0 |
| Goodwill | 75.2 | 71.0 | 73.0 | 47.4 | 39.7 | 13.9 | 13.9 | 13.9 | 0 | 0 | 60.1 | 60.1 | 0 | 0 | 0 |
| Intangible Assets | 93.5 | 93.5 | 102.5 | 82.8 | 85.3 | 24.7 | 25.6 | 26.4 | 5.2 | 5.7 | 2.3 | 4.3 | 0.2 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 4 | 5 | 5 | 5 | 5 | (0.1) | (0.4) | 0 | 0 | 0 |
| Other Non-Current Assets | 5.1 | 2.7 | 2.4 | 4.9 | 3.2 | 0.6 | 0.5 | 0.4 | 0.3 | 0.6 | 1.5 | 2.5 | 0.1 | 0 | 0 |
| Total Non-Current Assets | 340.3 | 358.3 | 354.1 | 265.3 | 240.9 | 81.1 | 66.6 | 53.9 | 18.2 | 21.4 | 94.3 | 90.0 | 4.0 | 0 | 0 |
| Total Assets | 791.2 | 775.7 | 805.2 | 521.0 | 572.1 | 265.2 | 174.9 | 129.5 | 84.7 | 94.2 | 161.9 | 155.5 | 11.3 | 7.1 | 9.2 |
| Current Liabilities | |||||||||||||||
| Account Payables | 40.9 | 53.0 | 49.0 | 34.7 | 25.7 | 17.6 | 7.8 | 4.4 | 3.9 | 8.7 | 12.8 | 10.5 | 1.6 | 0 | 0 |
| Short-Term Debt | 70.8 | 1.7 | 1.8 | 14.9 | 0.3 | 5.1 | 1.8 | 3.3 | 3.3 | 3.1 | 6.7 | 2.1 | 3.1 | 0 | 0 |
| Deferred Revenue | 10.4 | 10.5 | 13.9 | 12.0 | 15.3 | 0 | 0 | (0.0) | 19.1 | 28.0 | 2.1 | 1.9 | 1.8 | 0 | 0 |
| Other Current Liabilities | 63.7 | 6.8 | 56.5 | 5.6 | 4.3 | 23.4 | 18.8 | 19.7 | 15.1 | 23.7 | 12.3 | 13.2 | 1.3 | 0 | 0 |
| Total Current Liabilities | 219.2 | 153.0 | 157.6 | 138.9 | 101.1 | 58.3 | 36.4 | 30.6 | 29.7 | 40.5 | 38.1 | 31.2 | 6.5 | 0 | 0 |
| Non-Current Liabilities | |||||||||||||||
| Long-Term Debt | 525.3 | 574.5 | 511.0 | 349.5 | 326.5 | 38.0 | 53.4 | 42.3 | 37.8 | 43.1 | 23.6 | 26.5 | 2.4 | 1.3 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.7 | 0.9 | 0 | 0 | 0 |
| Other Non-Current Liabilities | (15.3) | 8.3 | 8.6 | 37.6 | 37.8 | 11.4 | 12.0 | 38.9 | 43.8 | 52.5 | 24.6 | 25.5 | 0.5 | (1.3) | 0 |
| Total Non-Current Liabilities | 536.0 | 613.2 | 545.9 | 416.8 | 391.5 | 49.4 | 66.3 | 81.3 | 81.6 | 95.6 | 49.0 | 52.9 | 2.9 | 1.3 | 0 |
| Total Liabilities | 755.2 | 766.3 | 703.5 | 555.6 | 492.6 | 107.7 | 102.7 | 111.9 | 111.3 | 136.1 | 87.1 | 84.1 | 9.5 | 5.0 | 6.2 |
| Stockholders' Equity | |||||||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0 | 0 |
| Retained Earnings | (1,424.4) | (1,281.1) | (1,119.0) | (932.3) | (782.3) | (638.0) | (558.9) | (501.9) | (459.5) | (457.2) | (101.5) | (88.2) | (5.0) | 0 | 0 |
| Accumulated Other Comprehensive Income | (4.4) | (13.7) | (8.3) | (10.8) | (6.0) | 1.2 | 1.1 | 1.1 | 1.1 | 1.0 | 1.3 | 1.5 | (1.3) | 0 | 0 |
| Total Stockholders' Equity | 36.0 | 9.4 | 101.7 | (34.7) | 79.4 | 157.5 | 72.2 | 17.6 | (26.7) | (41.9) | 74.8 | 71.5 | 1.8 | 2.0 | 3.1 |
| Total Liabilities & Equity | 791.2 | 775.7 | 805.2 | 521.0 | 572.1 | 265.2 | 174.9 | 129.5 | 84.7 | 94.2 | 161.9 | 155.5 | 11.3 | 7.1 | 9.2 |
| Debt Metrics | |||||||||||||||
| Total Debt | 619.9 | 609.9 | 541.7 | 395.9 | 355.4 | 43.2 | 56.2 | 3.3 | 41.1 | 3.1 | 6.7 | 2.1 | 5.5 | 1.3 | 0 |
| Net Debt | 459.1 | 471.1 | 320.7 | 311.2 | 168.2 | (64.6) | 9.1 | (25.8) | 18.6 | (16.5) | (3.4) | (16.2) | 4.0 | 0.2 | (1.0) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Net Income | (143.4) | (162.1) | (186.6) | (151.3) | (143.0) | (79.0) | (57.0) | (29.0) | (2.3) | (29.9) | (14.1) | 0.5 |
| Depreciation & Amortization | 105.1 | 83.3 | 59.7 | 43.9 | 30.2 | 11.6 | 8.5 | 6.8 | 7.5 | 12.4 | 3.5 | 0.6 |
| Stock-Based Compensation | 73.7 | 73.3 | 81.2 | 40.6 | 36.5 | 17.7 | 11.0 | 5.3 | 3.9 | 1.6 | 0 | 0 |
| Change in Working Capital | (20.1) | (67.3) | (54.2) | (23.9) | (25.1) | (16.0) | (8.4) | (9.7) | (10.3) | (2.5) | (2.7) | (0.1) |
| Other Non-Cash Items | 29.9 | 28.1 | 21.4 | 15.6 | 28.1 | 19.2 | 13.2 | 2.4 | (7.5) | 8.5 | 8.0 | 0.3 |
| Operating Cash Flow | 45.2 | (44.7) | (78.5) | (75.1) | (73.3) | (46.4) | (33.1) | (25.6) | (8.7) | (10.0) | (8.2) | 1.3 |
| Investing Activities | ||||||||||||
| Capital Expenditure | (42.5) | (93.1) | (87.0) | (58.3) | (68.5) | (23.9) | (13.0) | (6.9) | (7.6) | (9.1) | (4.3) | (0.6) |
| Acquisitions | 0 | 0 | (55) | 0 | (83.2) | 0 | 0 | (15.1) | 1.1 | 69.8 | (76.7) | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | (6.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (11.0) | 0 | (6.5) | (8.8) | 0 | (0.7) | 0 | 0.3 | 1.1 | 1.3 | 0 | 0 |
| Investing Cash Flow | (53.4) | (93.1) | (142.0) | (58.3) | (157.8) | (23.9) | (13.0) | (21.7) | (6.5) | 62.0 | (81.0) | (0.6) |
| Financing Activities | ||||||||||||
| Net Debt Issuance | 74.8 | 58.8 | 149.7 | 35 | 271.2 | 19.8 | 8.4 | 2.0 | (6.6) | (43.5) | 0.5 | 0.2 |
| Stock Repurchased | 0 | 0 | 0 | 0 | (31.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (44.8) | (2.0) | (4.9) | (3.8) | (60.1) | (0.1) | 0 | 0 | 24.4 | (0.1) | (1.1) | (0.1) |
| Financing Cash Flow | 30.0 | 56.2 | 356.9 | 31.2 | 312.0 | 130.8 | 64.2 | 53.9 | 17.8 | (43.4) | 91.0 | 0.1 |
| Cash Position | ||||||||||||
| Net Change in Cash | 22.0 | (82.1) | 136.3 | (102.6) | 79.5 | 60.7 | 18.1 | 6.6 | 2.8 | 8.5 | 1.7 | 0.8 |
| Cash at Beginning | 138.8 | 221.0 | 84.7 | 187.2 | 107.8 | 47.1 | 29.1 | 22.5 | 19.8 | 11.2 | 1.6 | 0.8 |
| Cash at End | 160.8 | 138.8 | 221.0 | 84.7 | 187.2 | 107.8 | 47.1 | 29.1 | 22.6 | 19.8 | 3.2 | 1.6 |
| Free Cash Flow | 2.8 | (137.8) | (165.5) | (133.4) | (141.9) | (70.3) | (46.2) | (32.5) | (16.3) | (19.1) | (12.5) | 0.7 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||
| Revenue | 764.2 | 611.6 | 482.3 | 350.9 | 243.2 | 144.9 | 113.4 | 91.7 | 101.7 | 120.2 | 185.3 | 207.0 | 204.7 | 196.3 | 197.7 | 171.6 | 132.2 | 101.3 | 80.0 | 74.0 | 42.3 | 17.8 | 10.9 | 11.3 | 14.0 |
| Gross Profit | 531.9 | 424.3 | 310.2 | 233.1 | 157.8 | 102.5 | 77.6 | 63.2 | 62.3 | 76.1 | 121.5 | 145.1 | 126.1 | 125.5 | 116.9 | 112.8 | 84.1 | 64.7 | 50.2 | 48.3 | 24.6 | 12.4 | 10.9 | 6.8 | 8.1 |
| Operating Income | (82.1) | (136.2) | (173.4) | (147.0) | (128.1) | (58.9) | (47.3) | (22.4) | (9.0) | (15.4) | (172.4) | 1.8 | (73.4) | (9.8) | (24.5) | (11.8) | (9.6) | (27.8) | (19.7) | (22.1) | (15.0) | 0.2 | 10.9 | (0.8) | 0.3 |
| Net Income | (143.4) | (162.1) | (186.6) | (151.3) | (143.0) | (79.0) | (57.0) | (29.0) | (2.3) | (30.3) | (178.7) | (12.9) | (82.2) | (15.5) | (22.2) | (14.4) | (13.3) | (29.3) | (20.2) | (25.8) | (14.1) | 0.5 | (0.8) | (1.0) | 0.1 |
| EPS (Diluted) | -0.96 | -1.13 | -1.54 | -1.47 | -1.50 | -1.18 | -1.09 | -0.82 | -0.17 | -3.53 | -21.53 | -1.58 | -10.25 | -2.06 | -3.00 | -2.19 | -3.24 | -7.59 | -6.50 | -11.37 | -9.27 | 0.60 | -1.08 | -1.33 | 0.12 |
| Balance Sheet | |||||||||||||||||||||||||
| Cash & Equivalents | 160.8 | 138.8 | 221.0 | 84.7 | 187.2 | 107.8 | 47.1 | 29.1 | 22.5 | 19.6 | 10.1 | 18.3 | 1.6 | 1.1 | 1.0 | ||||||||||
| Total Assets | 791.2 | 775.7 | 805.2 | 521.0 | 572.1 | 265.2 | 174.9 | 129.5 | 84.7 | 94.2 | 161.9 | 155.5 | 11.3 | 7.1 | 9.2 | ||||||||||
| Total Debt | 619.9 | 609.9 | 541.7 | 395.9 | 355.4 | 43.2 | 56.2 | 3.3 | 41.1 | 3.1 | 6.7 | 2.1 | 5.5 | 1.3 | 0 | ||||||||||
| Stockholders' Equity | 36.0 | 9.4 | 101.7 | (34.7) | 79.4 | 157.5 | 72.2 | 17.6 | (26.7) | (41.9) | 74.8 | 71.5 | 1.8 | 2.0 | 3.1 | ||||||||||
| Cash Flow | |||||||||||||||||||||||||
| Operating Cash Flow | 45.2 | (44.7) | (78.5) | (75.1) | (73.3) | (46.4) | (33.1) | (25.6) | (8.7) | (10.0) | (8.2) | 1.3 | |||||||||||||
| Capital Expenditure | (42.5) | (93.1) | (87.0) | (58.3) | (68.5) | (23.9) | (13.0) | (6.9) | (7.6) | (9.1) | (4.3) | (0.6) | |||||||||||||
| Free Cash Flow | 2.8 | (137.8) | (165.5) | (133.4) | (141.9) | (70.3) | (46.2) | (32.5) | (16.3) | (19.1) | (12.5) | 0.7 | |||||||||||||