908 Devices Inc. logo MASS - 908 Devices Inc.

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STRONG
BUY
0
BUY 5
HOLD 0
SELL 0
STRONG
SELL
0
Metric 2025 2024 2023 2022 2021 2020 2019 2018
Revenue
Revenue 56.2 59.6 50.2 46.9 42.2 26.9 18.0 22.1
Cost of Revenue 29.4 29.7 24.9 20.8 19.0 12.0 9.8 9.7
Gross Profit 26.8 29.9 25.3 26.0 23.2 14.9 8.1 12.4
Operating Expenses
R&D Expenses 13.8 25.5 21.9 17.5 13.1 8.2 9.0 9.5
SG&A Expenses 37.2 0 0 43.9 32.2 0 0 9.3
Other Expenses 0 81.1 46.2 0 0 12.5 11.3 0.1
Operating Expenses 51.0 106.6 68.1 61.4 45.3 20.7 20.3 18.8
Operating Income
Operating Income (24.2) (76.7) (42.8) (35.4) (22.1) (5.8) (12.1) (6.4)
Interest Expense 0 0 0.2 0.1 0.5 1.0 1.5 1.1
Interest Income 4.1 4.5 6.5 2.0 0.5 0 0 0
Profitability
EBITDA (19.7) (43.9) (40.3) (31.8) (20.8) (5.0) (11.2) (5.5)
EBIT (24.2) (48.6) (42.7) (33.4) (21.7) (5.8) (12.1) (6.4)
Income Before Tax (33.3) (72.5) (36.6) (33.6) (22.2) (12.8) (13.4) (7.5)
Income Tax Expense (0.1) (0.3) (0.2) 0 0 0 0 0.1
Net Income (36.6) (72.2) (36.4) (33.6) (22.2) (12.8) (13.4) (7.5)
Per Share Data
EPS (Basic) 0.54 -2.12 -1.13 -1.07 -0.79 -2.35 -2.02 -0.93
EPS (Diluted) 0.54 -2.12 -1.13 -1.07 -0.79 -2.35 -2.02 -0.93
Shares Outstanding 36.2 34.1 32.2 31.5 28.0 5.5 7.5 8.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018
Current Assets
Cash & Cash Equivalents 113.0 44.0 121.0 188.4 224.1 159.2 17.9 7.1
Short-Term Investments 0 25.6 24.6 0 0 0 0 0
Net Receivables 11.3 12.6 9.0 10.0 16.6 6.8 5.1 6.3
Inventory 13.0 16.2 14.9 12.5 7.9 4.6 5.2 3.5
Other Current Assets 7.3 4.7 4.2 4.7 0.1 0 0 0
Total Current Assets 144.6 103.1 173.8 215.6 252.9 171.0 28.6 17.2
Non-Current Assets
Property, Plant & Equipment 8.6 10.3 9.6 7.0 6.8 7.1 8.6 10.0
Goodwill 0 0 10.4 10.1 0 0 0 0
Intangible Assets 36.4 45.3 7.9 8.5 0 0 0 0
Long-Term Investments 0 0 0.2 0 0 0 0 0
Other Non-Current Assets 0.5 0.8 1.2 1.4 1.2 0.7 0.5 0.5
Total Non-Current Assets 45.5 56.4 29.2 27.0 8.0 7.9 9.1 10.5
Total Assets 190.1 159.5 203.0 242.6 260.9 178.8 37.7 27.7
Current Liabilities
Account Payables 8.4 2.1 1.2 1.4 1.4 1.0 0.6 0.6
Short-Term Debt 16.7 1.9 2.0 0 0 0.5 0 0
Deferred Revenue 8.9 12.1 10.6 7.5 0 3.1 1.5 1.0
Other Current Liabilities 0 9.1 2.7 3.9 6.8 2.1 1.0 1.8
Total Current Liabilities 34.1 25.1 22.5 19.2 14.8 10.8 6.1 4.8
Non-Current Liabilities
Long-Term Debt 0 0 0 15 15 14.3 14.8 9.7
Deferred Tax Liabilities 0 2.0 2.4 2.7 0 0 0 (8.1)
Other Non-Current Liabilities 4.0 2.3 0 0.6 12.0 0.2 72.5 55.2
Total Non-Current Liabilities 12.3 19.7 14.9 32.8 31.5 29.0 94.8 73.2
Total Liabilities 46.4 44.9 37.5 52.0 46.3 39.8 100.8 77.9
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Retained Earnings (223.3) (242.8) (170.6) (134.2) (100.6) (78.5) (65.6) (52.3)
Accumulated Other Comprehensive Income 0.1 1.1 1.4 0.8 0 0 0 (2.5)
Total Stockholders' Equity 143.7 114.6 165.5 190.6 214.6 139.0 (63.2) (50.2)
Total Liabilities & Equity 190.1 159.5 203.0 242.6 260.9 178.8 37.7 27.7
Debt Metrics
Total Debt 16.7 6.6 5.9 19.5 20.9 21.9 22.8 17.9
Net Debt (96.3) (37.4) (115.1) (168.9) (203.2) (137.4) 4.9 10.9
Metric 2025 2024 2023 2022 2021 2020 2019 2018
Operating Activities
Net Income 19.5 (72.2) (36.4) (33.6) (22.2) (12.8) (13.4) (7.5)
Depreciation & Amortization 3.8 4.7 2.4 1.6 0.9 0.8 0.9 0.9
Stock-Based Compensation 9.8 11.8 9.8 7.2 2.5 0.5 0.3 0.2
Change in Working Capital (15.3) (2.5) (1.6) 3.4 (12.4) 10.0 0.7 (3.1)
Other Non-Cash Items (41.6) 28.3 1.0 0.6 2.1 5.6 0.5 0.2
Operating Cash Flow (23.7) (30.2) (25.1) (20.9) (29.1) 4.1 (11.0) (8.9)
Investing Activities
Capital Expenditure (1.0) (0.6) (2.0) (2.0) (0.7) (0.0) (0.4) (0.7)
Acquisitions (2) (44.8) 0 (13.8) 0 0 0 0
Purchases of Investments (64.0) (55.5) (48.9) 0 0 0 0 0
Sales/Maturities of Investments 47.8 54.6 24.5 0 0 0 0 0
Other Investing Activities 69.9 0 0 0 0 0 0 (0.4)
Investing Cash Flow 50.7 (46.3) (26.4) (15.8) (0.7) (0.0) (0.4) (1.2)
Financing Activities
Net Debt Issuance 0 0 (15) 0 (0.0) 0 5 0
Stock Repurchased 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0
Other Financing Activities (1.6) (1.5) (1.9) (0.4) 93.9 (1.8) (0.1) 0.1
Financing Cash Flow (0.7) (0.4) (15.9) 1.2 94.7 137.2 22.2 4.0
Cash Position
Net Change in Cash 26.4 (77.0) (67.4) (35.5) 64.9 141.3 10.8 (6.1)
Cash at Beginning 44.2 121.2 188.6 224.1 159.2 17.9 7.1 13.1
Cash at End 70.6 44.2 121.2 188.6 224.1 159.2 17.9 7.1
Free Cash Flow (24.6) (30.8) (27.1) (23.0) (29.8) 4.1 (11.4) (9.6)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018
Income Statement
Revenue 56.2 59.6 50.2 46.9 42.2 26.9 18.0 22.1
Gross Profit 26.8 29.9 25.3 26.0 23.2 14.9 8.1 12.4
Operating Income (24.2) (76.7) (42.8) (35.4) (22.1) (5.8) (12.1) (6.4)
Net Income (36.6) (72.2) (36.4) (33.6) (22.2) (12.8) (13.4) (7.5)
EPS (Diluted) 0.54 -2.12 -1.13 -1.07 -0.79 -2.35 -2.02 -0.93
Balance Sheet
Cash & Equivalents 113.0 44.0 121.0 188.4 224.1 159.2 17.9 7.1
Total Assets 190.1 159.5 203.0 242.6 260.9 178.8 37.7 27.7
Total Debt 16.7 6.6 5.9 19.5 20.9 21.9 22.8 17.9
Stockholders' Equity 143.7 114.6 165.5 190.6 214.6 139.0 (63.2) (50.2)
Cash Flow
Operating Cash Flow (23.7) (30.2) (25.1) (20.9) (29.1) 4.1 (11.0) (8.9)
Capital Expenditure (1.0) (0.6) (2.0) (2.0) (0.7) (0.0) (0.4) (0.7)
Free Cash Flow (24.6) (30.8) (27.1) (23.0) (29.8) 4.1 (11.4) (9.6)