SIBN - SI-BONE, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$25.25
DETAILS
HIGH:
$27.00
LOW:
$23.00
MEDIAN:
$25.50
CONSENSUS:
$25.25
UPSIDE:
72.00%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||
| Revenue | 200.9 | 167.2 | 138.9 | 106.4 | 90.2 | 73.4 | 67.3 | 55.4 | 48.0 | 42.1 | 41.2 | 40.1 | 49.0 | 37.0 |
| Cost of Revenue | 41.0 | 35.1 | 29.5 | 15.7 | 10.4 | 8.9 | 6.8 | 4.8 | 5.1 | 5.2 | 5.4 | 6.5 | 4.3 | 3.0 |
| Gross Profit | 159.9 | 132.1 | 109.4 | 90.7 | 79.7 | 64.5 | 60.5 | 50.5 | 42.9 | 36.9 | 35.8 | 33.6 | 44.7 | 34.0 |
| Operating Expenses | ||||||||||||||
| R&D Expenses | 17.4 | 16.6 | 15.0 | 13.6 | 12.4 | 9.5 | 7.3 | 5.4 | 5.5 | 6.4 | 8.6 | 9.2 | 8.4 | 3.8 |
| SG&A Expenses | 164.8 | 150.8 | 141.3 | 136.7 | 119.0 | 93.6 | 89.2 | 57.1 | 54.7 | 48.1 | 53.6 | 50.7 | 41.6 | 40.9 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.3 | 0.2 | 0 | 0 | 0 | 0 |
| Operating Expenses | 182.2 | 167.4 | 156.4 | 150.3 | 131.4 | 103.1 | 96.5 | 62.5 | 60.2 | 54.5 | 62.2 | 59.8 | 49.9 | 44.7 |
| Operating Income | ||||||||||||||
| Operating Income | (22.3) | (35.2) | (46.9) | (59.6) | (51.7) | (38.6) | (36.0) | (12.0) | (17.4) | (17.6) | (26.4) | (26.3) | (5.3) | (10.7) |
| Interest Expense | 5.3 | 3.4 | 3.5 | 2.8 | 5.4 | 6.1 | 4.9 | 5.1 | 6.2 | 3.3 | 0 | 0 | 0 | 0 |
| Interest Income | 6.1 | 7.8 | 6.9 | 1.3 | 0.2 | 1.1 | 2.6 | 0.8 | 0.2 | 0.1 | 1.7 | 1.5 | 0.9 | 0.2 |
| Profitability | ||||||||||||||
| EBITDA | (10.9) | (23.1) | (34.4) | (55.0) | (51.0) | (36.5) | (32.7) | (11.6) | (15.8) | (16.2) | (25.7) | (26.0) | (5.2) | (10.7) |
| EBIT | (13.6) | (27.5) | (39.9) | (58.4) | (53.1) | (37.6) | (33.5) | (12.3) | (16.8) | (17.3) | (26.5) | (26.3) | (5.2) | (10.7) |
| Income Before Tax | (18.9) | (30.9) | (43.3) | (61.3) | (56.6) | (43.7) | (38.4) | (17.5) | (23.0) | (20.6) | (28.2) | (27.8) | (6.1) | (10.9) |
| Income Tax Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0.0 | 0 |
| Net Income | (18.9) | (30.9) | (43.3) | (61.3) | (56.6) | (43.7) | (38.4) | (17.5) | (23.0) | (20.6) | (28.2) | (27.8) | (6.2) | (10.9) |
| Per Share Data | ||||||||||||||
| EPS (Basic) | -0.44 | -0.75 | -1.13 | -1.79 | -1.71 | -1.50 | -1.72 | -1.10 | -1.66 | -1.33 | -1.17 | -10.42 | -2.69 | -5.76 |
| EPS (Diluted) | -0.44 | -0.75 | -1.13 | -1.79 | -1.71 | -1.50 | -1.72 | -1.10 | -1.66 | -1.33 | -1.17 | -10.42 | -2.69 | -5.76 |
| Shares Outstanding | 43.5 | 41.5 | 38.4 | 34.2 | 33.1 | 29.1 | 24.7 | 15.9 | 13.9 | 15.5 | 24.1 | 2.7 | 2.3 | 1.9 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 42.2 | 34.9 | 33.3 | 20.7 | 63.4 | 53.6 | 10.4 | 25.1 | 22.4 | 27.9 |
| Short-Term Investments | 105.6 | 115.1 | 132.7 | 76.6 | 83.6 | 142.9 | 81.3 | 97.1 | 0 | 0 |
| Net Receivables | 29.9 | 27.5 | 22.0 | 20.7 | 14.2 | 13.6 | 11.7 | 8.5 | 7.4 | 6.0 |
| Inventory | 33.9 | 27.1 | 20.2 | 17.3 | 11.5 | 5.6 | 5.5 | 3.3 | 2.6 | 1.5 |
| Other Current Assets | 4.5 | 3.2 | 3.2 | 2.4 | 0 | 0 | 0 | 2.0 | 0 | 0 |
| Total Current Assets | 216.1 | 207.8 | 211.4 | 137.6 | 175.9 | 218.2 | 111.5 | 136.0 | 33.6 | 36.3 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 22.4 | 22.4 | 18.7 | 19.6 | 14.2 | 4.5 | 4.0 | 2.2 | 1.9 | 2.6 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.4 | 0.0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 1.3 | 0 | 0 | 0.5 |
| Other Non-Current Assets | 0.1 | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.5 |
| Total Non-Current Assets | 22.4 | 22.7 | 19.0 | 19.9 | 14.6 | 4.9 | 5.5 | 2.5 | 2.2 | 3.1 |
| Total Assets | 238.6 | 230.4 | 230.4 | 157.6 | 190.5 | 223.1 | 117.0 | 138.5 | 35.8 | 39.4 |
| Current Liabilities | ||||||||||
| Account Payables | 4.6 | 6.5 | 4.6 | 6.3 | 3.2 | 3.3 | 2.8 | 2.1 | 1.8 | 1.0 |
| Short-Term Debt | 0.9 | 0 | 0 | 0 | 0 | 0 | 4.4 | 0 | 0 | 8.2 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.9 |
| Other Current Liabilities | 19.7 | 14.9 | 15.2 | 12.3 | 11.4 | 9.7 | 8.0 | 5.6 | 1.5 | 3.1 |
| Total Current Liabilities | 25.3 | 27.1 | 23.5 | 21.2 | 16.9 | 13.5 | 18.8 | 9.0 | 7.5 | 13.4 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 0.2 | 35.5 | 36.1 | 35.2 | 35.0 | 39.5 | 34.9 | 39.0 | 38.7 | 21.1 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 35.6 | 0.0 | 0.0 | 0.0 | 0.1 | 0.9 | 0.4 | 0.4 | 119.0 | 113.7 |
| Total Non-Current Liabilities | 35.7 | 36.3 | 37.6 | 38.1 | 39.2 | 40.3 | 35.2 | 39.3 | 157.7 | 134.8 |
| Total Liabilities | 61.0 | 63.5 | 61.0 | 59.2 | 56.1 | 53.8 | 54.0 | 48.3 | 165.2 | 148.2 |
| Stockholders' Equity | ||||||||||
| Common Stock | 627.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (450.3) | (431.4) | (400.4) | (357.1) | (295.8) | (239.3) | (195.6) | (157.2) | (139.7) | (116.7) |
| Accumulated Other Comprehensive Income | 0.8 | 0.2 | 0.3 | 0.2 | 0.4 | 0.5 | 0.5 | 0.4 | 0.4 | 0.5 |
| Total Stockholders' Equity | 177.5 | 167.0 | 169.4 | 98.3 | 134.4 | 169.4 | 63.0 | 90.2 | (129.4) | (108.7) |
| Total Liabilities & Equity | 238.6 | 230.4 | 230.4 | 157.6 | 190.5 | 223.1 | 117.0 | 138.5 | 35.8 | 39.4 |
| Debt Metrics | ||||||||||
| Total Debt | 1.1 | 37.5 | 39.0 | 39.4 | 40.5 | 39.5 | 39.2 | 39.0 | 38.7 | 29.3 |
| Net Debt | (41.1) | 2.5 | 5.7 | 18.7 | (22.9) | (14.1) | 28.8 | 13.8 | 16.3 | 1.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (18.9) | (30.9) | (43.3) | (61.3) | (56.6) | (43.7) | (38.4) | (17.5) | (23.0) | (20.6) |
| Depreciation & Amortization | 2.7 | 4.4 | 5.4 | 3.5 | 2.1 | 1.1 | 0.8 | 0.7 | 1.0 | 1.0 |
| Stock-Based Compensation | 25.5 | 25.9 | 24.1 | 23.1 | 16.9 | 11.9 | 7.5 | 2.3 | 1.4 | 1.4 |
| Change in Working Capital | (14.3) | (10.1) | (4.8) | (7.6) | (5.8) | (2.5) | (0.5) | (1.0) | 0.4 | (0.2) |
| Other Non-Cash Items | 4.3 | (1.6) | (0.0) | 0.7 | 0.3 | 2.5 | (1.0) | 0.3 | 0.7 | 0.3 |
| Operating Cash Flow | (0.7) | (12.4) | (18.7) | (41.7) | (39.5) | (30.7) | (31.6) | (14.5) | (17.5) | (16.8) |
| Investing Activities | ||||||||||
| Capital Expenditure | (8.4) | (10.5) | (7.8) | (9.5) | (6.4) | (2.6) | (2.4) | (0.9) | (0.5) | (0.4) |
| Acquisitions | 0 | 0 | 0 | 0 | (58.0) | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (192.5) | (205.4) | (189.5) | (119.5) | (102.0) | (179.2) | (143.9) | (96.9) | 0 | 0 |
| Sales/Maturities of Investments | 205.1 | 228.5 | 137.5 | 126.2 | 160.0 | 118.8 | 159.8 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 58.0 | 0 | 0 | (96.9) | 0 | 0 |
| Investing Cash Flow | 4.2 | 12.6 | (59.8) | (2.8) | 51.6 | (62.9) | 13.5 | (97.8) | (0.5) | (0.4) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 0 | 0 | 0.7 | 0 | (6.6) | (0.8) | 0 | 0 | 13.7 | 4 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | 0 | (0.0) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 2.0 | 6.5 | 0 | 0 | (0.8) | (0.0) | (0.4) | (6.3) | 0.4 |
| Financing Cash Flow | 3.4 | 2.0 | 90.9 | 2.2 | (1.7) | 136.4 | 3.5 | 115.2 | 12.9 | 24.8 |
| Cash Position | ||||||||||
| Net Change in Cash | 7.3 | 1.7 | 12.6 | (42.7) | 9.8 | 43.1 | (14.7) | 2.7 | (5.5) | 7.6 |
| Cash at Beginning | 34.9 | 33.3 | 20.7 | 63.4 | 53.6 | 10.4 | 25.1 | 22.4 | 27.9 | 20.3 |
| Cash at End | 42.2 | 34.9 | 33.3 | 20.7 | 63.4 | 53.6 | 10.4 | 25.1 | 22.4 | 27.9 |
| Free Cash Flow | (9.1) | (22.9) | (26.5) | (51.2) | (45.9) | (33.2) | (34.1) | (15.5) | (18.0) | (17.2) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||
| Revenue | 200.9 | 167.2 | 138.9 | 106.4 | 90.2 | 73.4 | 67.3 | 55.4 | 48.0 | 42.1 | 41.2 | 40.1 | 49.0 | 37.0 |
| Gross Profit | 159.9 | 132.1 | 109.4 | 90.7 | 79.7 | 64.5 | 60.5 | 50.5 | 42.9 | 36.9 | 35.8 | 33.6 | 44.7 | 34.0 |
| Operating Income | (22.3) | (35.2) | (46.9) | (59.6) | (51.7) | (38.6) | (36.0) | (12.0) | (17.4) | (17.6) | (26.4) | (26.3) | (5.3) | (10.7) |
| Net Income | (18.9) | (30.9) | (43.3) | (61.3) | (56.6) | (43.7) | (38.4) | (17.5) | (23.0) | (20.6) | (28.2) | (27.8) | (6.2) | (10.9) |
| EPS (Diluted) | -0.44 | -0.75 | -1.13 | -1.79 | -1.71 | -1.50 | -1.72 | -1.10 | -1.66 | -1.33 | -1.17 | -10.42 | -2.69 | -5.76 |
| Balance Sheet | ||||||||||||||
| Cash & Equivalents | 42.2 | 34.9 | 33.3 | 20.7 | 63.4 | 53.6 | 10.4 | 25.1 | 22.4 | 27.9 | ||||
| Total Assets | 238.6 | 230.4 | 230.4 | 157.6 | 190.5 | 223.1 | 117.0 | 138.5 | 35.8 | 39.4 | ||||
| Total Debt | 1.1 | 37.5 | 39.0 | 39.4 | 40.5 | 39.5 | 39.2 | 39.0 | 38.7 | 29.3 | ||||
| Stockholders' Equity | 177.5 | 167.0 | 169.4 | 98.3 | 134.4 | 169.4 | 63.0 | 90.2 | (129.4) | (108.7) | ||||
| Cash Flow | ||||||||||||||
| Operating Cash Flow | (0.7) | (12.4) | (18.7) | (41.7) | (39.5) | (30.7) | (31.6) | (14.5) | (17.5) | (16.8) | ||||
| Capital Expenditure | (8.4) | (10.5) | (7.8) | (9.5) | (6.4) | (2.6) | (2.4) | (0.9) | (0.5) | (0.4) | ||||
| Free Cash Flow | (9.1) | (22.9) | (26.5) | (51.2) | (45.9) | (33.2) | (34.1) | (15.5) | (18.0) | (17.2) | ||||