LUNG - Pulmonx Corporation
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$10.00
DETAILS
HIGH:
$20.00
LOW:
$2.50
MEDIAN:
$9.75
CONSENSUS:
$10.00
UPSIDE:
545.16%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Revenue | 90.5 | 83.8 | 68.7 | 53.7 | 48.4 | 32.7 | 32.6 | 20.0 |
| Cost of Revenue | 23.4 | 21.8 | 17.9 | 13.8 | 12.8 | 11.5 | 10.2 | 7.7 |
| Gross Profit | 67.1 | 62.0 | 50.8 | 39.9 | 35.6 | 21.2 | 22.4 | 12.3 |
| Operating Expenses | ||||||||
| R&D Expenses | 19.5 | 17.6 | 18.1 | 15.4 | 13.1 | 7.5 | 6.0 | 7.0 |
| SG&A Expenses | 101.3 | 102.1 | 94.6 | 83.1 | 69.9 | 46.1 | 34.2 | 20.3 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 120.8 | 119.7 | 112.7 | 98.5 | 82.9 | 53.5 | 40.3 | 27.3 |
| Operating Income | ||||||||
| Operating Income | (53.7) | (57.7) | (61.9) | (58.6) | (47.3) | (32.3) | (17.8) | (15.1) |
| Interest Expense | 3.2 | 3.5 | 3.2 | 1.1 | 0.8 | 3.2 | 2.3 | 2.5 |
| Interest Income | 2.7 | 5.1 | 5.6 | 1.5 | 0.4 | 0.2 | 0.4 | 0.0 |
| Profitability | ||||||||
| EBITDA | (52.6) | (50.8) | (55.1) | (56.0) | (46.6) | (28.4) | (16.8) | (15.7) |
| EBIT | (53.7) | (52.4) | (57.0) | (57.5) | (47.5) | (28.8) | (18.0) | (15.9) |
| Income Before Tax | (53.4) | (55.9) | (60.3) | (58.6) | (48.3) | (32.0) | (20.3) | (18.5) |
| Income Tax Expense | 0.6 | 0.5 | 0.6 | 0.4 | 0.3 | 0.2 | 0.4 | 0.0 |
| Net Income | (54.0) | (56.4) | (60.8) | (58.9) | (48.7) | (32.2) | (20.7) | (18.5) |
| Per Share Data | ||||||||
| EPS (Basic) | -1.33 | -1.44 | -1.60 | -1.59 | -1.35 | -0.90 | -0.58 | -0.89 |
| EPS (Diluted) | -1.33 | -1.44 | -1.60 | -1.59 | -1.35 | -0.90 | -0.58 | -0.89 |
| Shares Outstanding | 40.7 | 39.1 | 38.0 | 37.1 | 36.1 | 35.7 | 35.4 | 20.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||
| Cash & Cash Equivalents | 70.0 | 70.9 | 83.5 | 101.7 | 148.5 | 231.8 | 14.8 | 4.1 |
| Short-Term Investments | 0 | 30.6 | 33.6 | 39.4 | 31.6 | 0 | 13.6 | 0 |
| Net Receivables | 12.1 | 13.8 | 13.0 | 9.3 | 6.9 | 4.6 | 6.0 | 3.4 |
| Inventory | 15.8 | 16.9 | 16.7 | 14.6 | 16.3 | 10.7 | 5.6 | 3.3 |
| Other Current Assets | 3.8 | 1.4 | 0.7 | 0.5 | 0.6 | 0.4 | 0.7 | 0.1 |
| Total Current Assets | 101.7 | 136.2 | 150.4 | 169.0 | 208.0 | 250.0 | 41.1 | 11.3 |
| Non-Current Assets | ||||||||
| Property, Plant & Equipment | 20.2 | 21.5 | 7.4 | 10.5 | 12.9 | 10.4 | 7.5 | 0.4 |
| Goodwill | 2.3 | 2.3 | 2.3 | 2.3 | 2.3 | 2.3 | 2.3 | 2.3 |
| Intangible Assets | 0 | 0 | 0.0 | 0.2 | 0.3 | 0.4 | 0.5 | 0.6 |
| Long-Term Investments | 0 | 0 | 14.4 | 5.9 | 10.9 | 0 | 0 | 0 |
| Other Non-Current Assets | 5.0 | 2.8 | 3.2 | 5.8 | 0.7 | 0.5 | 2.1 | 0.3 |
| Total Non-Current Assets | 27.6 | 26.6 | 27.4 | 24.7 | 27.2 | 13.7 | 12.5 | 3.7 |
| Total Assets | 129.3 | 162.8 | 177.8 | 193.7 | 235.2 | 263.7 | 53.5 | 15.0 |
| Current Liabilities | ||||||||
| Account Payables | 3.9 | 3.8 | 1.5 | 1.8 | 1.6 | 1.5 | 2.7 | 1.3 |
| Short-Term Debt | 1.3 | 3.2 | 2.2 | 0.1 | 0.1 | 2.2 | 0 | 0 |
| Deferred Revenue | 0.0 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.2 | 0.1 |
| Other Current Liabilities | 14.6 | 6.9 | 7.9 | 5.0 | 4.7 | 3.1 | 6.5 | 2.5 |
| Total Current Liabilities | 20.1 | 24.4 | 23.2 | 18.5 | 17.6 | 12.5 | 14.2 | 8.1 |
| Non-Current Liabilities | ||||||||
| Long-Term Debt | 37.0 | 34.0 | 35.1 | 17.2 | 17.3 | 17.4 | 220.3 | 33.6 |
| Deferred Tax Liabilities | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0.2 | 0 | 0 | 140.6 |
| Total Non-Current Liabilities | 55.1 | 52.6 | 36.3 | 21.2 | 24.4 | 25.0 | 226.8 | 174.3 |
| Total Liabilities | 75.2 | 77.0 | 59.5 | 39.7 | 41.9 | 37.6 | 240.9 | 182.3 |
| Stockholders' Equity | ||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (521.6) | (467.6) | (411.2) | (350.3) | (291.4) | (242.7) | (210.5) | (189.8) |
| Accumulated Other Comprehensive Income | 2.4 | 2.1 | 2.6 | 1.6 | 1.7 | 1.7 | 1.4 | 1.3 |
| Total Stockholders' Equity | 54.1 | 85.8 | 118.3 | 154.0 | 193.2 | 226.1 | (187.4) | (167.3) |
| Total Liabilities & Equity | 129.3 | 162.8 | 177.8 | 193.7 | 235.2 | 263.7 | 53.5 | 15.0 |
| Debt Metrics | ||||||||
| Total Debt | 56.4 | 56.5 | 41.4 | 24.4 | 26.5 | 27.2 | 227.2 | 33.6 |
| Net Debt | (13.6) | (14.4) | (42.1) | (77.3) | (122.0) | (204.6) | 212.4 | 29.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | (54.0) | (56.4) | (60.8) | (58.9) | (48.7) | (32.2) | (20.7) | (18.5) |
| Depreciation & Amortization | 1.2 | 1.5 | 1.5 | 4.0 | 3.2 | 0.5 | 0.4 | 0.3 |
| Stock-Based Compensation | 0 | 23.0 | 22.1 | 0 | 0 | 3.2 | 0.4 | 0.4 |
| Change in Working Capital | (1.9) | (1.7) | (2.6) | (7.1) | (7.8) | (4.8) | (2.4) | (1.5) |
| Other Non-Cash Items | 22.3 | 2.1 | 2.1 | 16.8 | 11.9 | 2.7 | 0.9 | 0.0 |
| Operating Cash Flow | (32.4) | (31.5) | (37.6) | (45.1) | (41.4) | (30.6) | (20.8) | (18.4) |
| Investing Activities | ||||||||
| Capital Expenditure | (0.5) | (1.4) | (0.8) | (1.3) | (3.7) | (0.9) | (0.7) | (0.3) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 13.5 | 0.0 |
| Purchases of Investments | (5.7) | (27.9) | (46.2) | (47.2) | (52.6) | 0 | (21.4) | 0 |
| Sales/Maturities of Investments | 36.6 | 46.8 | 45 | 44.3 | 10 | 13.6 | 7.9 | 0.5 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 | (13.5) | 0.0 |
| Investing Cash Flow | 30.5 | 17.5 | (2.0) | (4.2) | (46.3) | 12.7 | (14.2) | 0.2 |
| Financing Activities | ||||||||
| Net Debt Issuance | (0.1) | (0.1) | 19.9 | (0.1) | 0 | 33.0 | 6 | 12 |
| Stock Repurchased | 0 | 0 | 0 | (0.0) | (0.0) | 0 | (0.0) | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 1.5 | 1.5 | 0 | 0 | 0.4 | (0.1) | 0.1 |
| Financing Cash Flow | 0.9 | 1.4 | 21.4 | 2.5 | 4.5 | 234.8 | 45.6 | 12.1 |
| Cash Position | ||||||||
| Net Change in Cash | (1.2) | (12.6) | (18.2) | (46.7) | (83.1) | 217.0 | 10.6 | (5.9) |
| Cash at Beginning | 71.2 | 83.8 | 102.0 | 148.7 | 231.8 | 14.8 | 4.1 | 10.1 |
| Cash at End | 70.0 | 71.2 | 83.8 | 102.0 | 148.7 | 231.8 | 14.8 | 4.1 |
| Free Cash Flow | (32.9) | (33.0) | (38.4) | (46.5) | (45.1) | (31.5) | (21.5) | (18.7) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 90.5 | 83.8 | 68.7 | 53.7 | 48.4 | 32.7 | 32.6 | 20.0 |
| Gross Profit | 67.1 | 62.0 | 50.8 | 39.9 | 35.6 | 21.2 | 22.4 | 12.3 |
| Operating Income | (53.7) | (57.7) | (61.9) | (58.6) | (47.3) | (32.3) | (17.8) | (15.1) |
| Net Income | (54.0) | (56.4) | (60.8) | (58.9) | (48.7) | (32.2) | (20.7) | (18.5) |
| EPS (Diluted) | -1.33 | -1.44 | -1.60 | -1.59 | -1.35 | -0.90 | -0.58 | -0.89 |
| Balance Sheet | ||||||||
| Cash & Equivalents | 70.0 | 70.9 | 83.5 | 101.7 | 148.5 | 231.8 | 14.8 | 4.1 |
| Total Assets | 129.3 | 162.8 | 177.8 | 193.7 | 235.2 | 263.7 | 53.5 | 15.0 |
| Total Debt | 56.4 | 56.5 | 41.4 | 24.4 | 26.5 | 27.2 | 227.2 | 33.6 |
| Stockholders' Equity | 54.1 | 85.8 | 118.3 | 154.0 | 193.2 | 226.1 | (187.4) | (167.3) |
| Cash Flow | ||||||||
| Operating Cash Flow | (32.4) | (31.5) | (37.6) | (45.1) | (41.4) | (30.6) | (20.8) | (18.4) |
| Capital Expenditure | (0.5) | (1.4) | (0.8) | (1.3) | (3.7) | (0.9) | (0.7) | (0.3) |
| Free Cash Flow | (32.9) | (33.0) | (38.4) | (46.5) | (45.1) | (31.5) | (21.5) | (18.7) |