CBLL - CeriBell, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$27.50
DETAILS
HIGH:
$30.00
LOW:
$25.00
MEDIAN:
$27.50
CONSENSUS:
$27.50
UPSIDE:
46.51%
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Revenue | ||||
| Revenue | 89.1 | 65.4 | 45.2 | 25.9 |
| Cost of Revenue | 10.8 | 8.7 | 7.1 | 4.4 |
| Gross Profit | 78.3 | 56.8 | 38.2 | 21.5 |
| Operating Expenses | ||||
| R&D Expenses | 19.1 | 13.6 | 9.0 | 7.2 |
| SG&A Expenses | 117.5 | 82.9 | 59.2 | 50.3 |
| Other Expenses | 0 | 0 | 0 | 0 |
| Operating Expenses | 136.7 | 96.5 | 68.2 | 57.5 |
| Operating Income | ||||
| Operating Income | (58.4) | (39.7) | (30.0) | (36.0) |
| Interest Expense | 1.9 | 2.0 | 2.1 | 1.6 |
| Interest Income | 0 | 0 | 0 | 0 |
| Profitability | ||||
| EBITDA | (51.5) | (37.3) | (26.5) | (35.1) |
| EBIT | (51.5) | (38.5) | (27.4) | (35.6) |
| Income Before Tax | (53.4) | (40.5) | (29.5) | (37.2) |
| Income Tax Expense | 0 | 0 | 0.0 | 0.0 |
| Net Income | (53.4) | (40.5) | (29.5) | (37.2) |
| Per Share Data | ||||
| EPS (Basic) | -1.46 | -3.39 | -1.26 | -1.59 |
| EPS (Diluted) | -1.46 | -3.39 | -1.26 | -1.59 |
| Shares Outstanding | 36.5 | 11.9 | 23.3 | 23.3 |
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Current Assets | ||||
| Cash & Cash Equivalents | 40.5 | 194.4 | 34.5 | 68.2 |
| Short-Term Investments | 118.8 | 0 | 0 | 0 |
| Net Receivables | 15.1 | 10.9 | 8.0 | 5.3 |
| Inventory | 7.3 | 6.9 | 5.9 | 4.1 |
| Other Current Assets | 5.1 | 5.1 | 3.6 | 2.2 |
| Total Current Assets | 186.7 | 217.3 | 52.0 | 79.8 |
| Non-Current Assets | ||||
| Property, Plant & Equipment | 4.3 | 4.4 | 3.7 | 3.9 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 0.8 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 4.0 | 3.7 | 3.2 | 2.8 |
| Total Non-Current Assets | 9.1 | 8.1 | 7.0 | 6.7 |
| Total Assets | 195.8 | 225.4 | 58.9 | 86.5 |
| Current Liabilities | ||||
| Account Payables | 2.8 | 1.1 | 0.7 | 0.4 |
| Short-Term Debt | 0 | 0 | 11.8 | 2.5 |
| Deferred Revenue | 0 | 0.1 | 0.2 | 0.3 |
| Other Current Liabilities | 15.2 | 5 | 3.7 | 2.5 |
| Total Current Liabilities | 19.2 | 13.0 | 21.6 | 9.9 |
| Non-Current Liabilities | ||||
| Long-Term Debt | 19.8 | 19.6 | 0 | 12.7 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0.1 | 0.4 | 147.9 | 147.9 |
| Total Non-Current Liabilities | 21.2 | 21.3 | 149.6 | 163.0 |
| Total Liabilities | 40.5 | 34.2 | 171.2 | 172.9 |
| Stockholders' Equity | ||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (220.4) | (166.9) | (126.5) | (97.0) |
| Accumulated Other Comprehensive Income | 0.2 | 0 | 0 | 0 |
| Total Stockholders' Equity | 155.3 | 191.2 | (112.3) | (86.4) |
| Total Liabilities & Equity | 195.8 | 225.4 | 58.9 | 86.5 |
| Debt Metrics | ||||
| Total Debt | 22.3 | 22.0 | 14.2 | 18.2 |
| Net Debt | (18.2) | (172.4) | (20.3) | (50.0) |
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | (53.4) | (40.5) | (29.5) | (37.2) |
| Depreciation & Amortization | (0.7) | 1.1 | 0.8 | 0.5 |
| Stock-Based Compensation | 12.2 | 5.4 | 2.7 | 7.9 |
| Change in Working Capital | 0.6 | (3.2) | (3.7) | (3.9) |
| Other Non-Cash Items | 0.4 | 2.0 | 0.5 | 0.6 |
| Operating Cash Flow | (40.8) | (35.0) | (29.2) | (32.0) |
| Investing Activities | ||||
| Capital Expenditure | (0.8) | (1.3) | (1.0) | (0.5) |
| Acquisitions | 0 | 0 | 0 | 0 |
| Purchases of Investments | (210.8) | 0 | 0 | 0 |
| Sales/Maturities of Investments | 94.2 | 0 | 0 | 0 |
| Other Investing Activities | (0.8) | (0.3) | (0.8) | (0.9) |
| Investing Cash Flow | (118.1) | (1.6) | (1.8) | (1.4) |
| Financing Activities | ||||
| Net Debt Issuance | 0 | 7.9 | (3.8) | (0.0) |
| Stock Repurchased | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | (0.4) | (0.3) | 0.9 | 0.2 |
| Financing Cash Flow | 5.1 | 196.5 | (2.8) | 49.8 |
| Cash Position | ||||
| Net Change in Cash | (153.9) | 159.9 | (33.7) | 16.4 |
| Cash at Beginning | 194.4 | 34.5 | 68.2 | 51.8 |
| Cash at End | 40.5 | 194.4 | 34.5 | 68.2 |
| Free Cash Flow | (41.6) | (36.4) | (30.1) | (32.5) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income Statement | ||||
| Revenue | 89.1 | 65.4 | 45.2 | 25.9 |
| Gross Profit | 78.3 | 56.8 | 38.2 | 21.5 |
| Operating Income | (58.4) | (39.7) | (30.0) | (36.0) |
| Net Income | (53.4) | (40.5) | (29.5) | (37.2) |
| EPS (Diluted) | -1.46 | -3.39 | -1.26 | -1.59 |
| Balance Sheet | ||||
| Cash & Equivalents | 40.5 | 194.4 | 34.5 | 68.2 |
| Total Assets | 195.8 | 225.4 | 58.9 | 86.5 |
| Total Debt | 22.3 | 22.0 | 14.2 | 18.2 |
| Stockholders' Equity | 155.3 | 191.2 | (112.3) | (86.4) |
| Cash Flow | ||||
| Operating Cash Flow | (40.8) | (35.0) | (29.2) | (32.0) |
| Capital Expenditure | (0.8) | (1.3) | (1.0) | (0.5) |
| Free Cash Flow | (41.6) | (36.4) | (30.1) | (32.5) |