VELO - Velo3D, Inc.
Price:
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--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$20.33
DETAILS
HIGH:
$25.00
LOW:
$18.00
MEDIAN:
$18.00
CONSENSUS:
$20.33
DOWNSIDE:
11.84%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | 46.0 | 41.0 | 77.4 | 78.7 | 27.4 |
| Cost of Revenue | 53.4 | 43.1 | 103.7 | 77.9 | 22.5 |
| Gross Profit | (7.4) | (2.1) | (26.3) | 0.8 | 5.0 |
| Operating Expenses | |||||
| R&D Expenses | 10.7 | 17.1 | 42.0 | 46.3 | 27.0 |
| SG&A Expenses | 36.9 | 63.2 | 65.0 | 60.9 | 35.7 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 47.5 | 80.3 | 107.0 | 107.2 | 62.7 |
| Operating Income | |||||
| Operating Income | (54.9) | (82.3) | (133.3) | (106.3) | (57.8) |
| Interest Expense | 4.4 | 16.0 | 9.7 | 0.4 | (12.2) |
| Interest Income | 0 | 0 | 0 | 0 | 0.0 |
| Profitability | |||||
| EBITDA | (63.5) | (52.4) | (116.1) | 13.6 | (50.4) |
| EBIT | (66.9) | (57.3) | (125.4) | 8.3 | (53.4) |
| Income Before Tax | (71.2) | (73.3) | (135.1) | 8.0 | 10.3 |
| Income Tax Expense | 0.1 | (0.0) | 0 | 0 | 0.1 |
| Net Income | (71.4) | (73.3) | (135.1) | 8.0 | 10.2 |
| Per Share Data | |||||
| EPS (Basic) | -4.33 | -86.51 | -357.00 | 22.61 | 91.26 |
| EPS (Diluted) | -4.33 | -86.51 | -357.00 | 21.00 | 91.26 |
| Shares Outstanding | 16.5 | 0.8 | 0.4 | 0.4 | 0.1 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Current Assets | |||||
| Cash & Cash Equivalents | 39,013 | 1.2 | 24.5 | 32.0 | 207.6 |
| Short-Term Investments | 0 | 0 | 6.6 | 48.2 | 15.5 |
| Net Receivables | 6,263 | 4.2 | 17.1 | 14.6 | 13.1 |
| Inventory | 27,083 | 50.0 | 60.8 | 71.2 | 0 |
| Other Current Assets | 6,603 | 1.7 | 2.7 | 3.3 | 31.9 |
| Total Current Assets | 78,962 | 57.7 | 113.0 | 171.5 | 268.1 |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 14,723 | 26.7 | 33.7 | 42.4 | 29.5 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 2.7 | 0 | 5.9 | 0 |
| Other Non-Current Assets | 11,663 | 2.0 | 7.1 | 3.2 | 5.2 |
| Total Non-Current Assets | 26,386 | 31.5 | 40.8 | 51.5 | 34.6 |
| Total Assets | 105,348 | 89.2 | 153.8 | 223.1 | 302.7 |
| Current Liabilities | |||||
| Account Payables | 10,301 | 18.5 | 15.9 | 12.2 | 9.9 |
| Short-Term Debt | 6,305 | 5.7 | 21.2 | 2.8 | 5.1 |
| Deferred Revenue | 0 | 10.3 | 5.1 | 15.2 | 22.3 |
| Other Current Liabilities | 17,196 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 33,802 | 38 | 48.7 | 46.1 | 46.7 |
| Non-Current Liabilities | |||||
| Long-Term Debt | 0 | 0 | 11.9 | 5.4 | 3.0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 33,390 | 3.0 | 14.7 | 20.6 | 133.5 |
| Total Non-Current Liabilities | 33,390 | 11.5 | 36.8 | 38.2 | 145.6 |
| Total Liabilities | 67,192 | 49.5 | 85.5 | 84.3 | 192.3 |
| Stockholders' Equity | |||||
| Common Stock | 5 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (498,143) | (430.3) | (357.0) | (221.9) | (229.9) |
| Accumulated Other Comprehensive Income | 0 | 0 | (0.1) | (0.8) | (0.0) |
| Total Stockholders' Equity | 38,156 | 39.7 | 68.3 | 138.8 | 110.4 |
| Total Liabilities & Equity | 105,348 | 89.2 | 153.8 | 223.1 | 302.7 |
| Debt Metrics | |||||
| Total Debt | 6,305 | 15.9 | 45.6 | 22.8 | 19.5 |
| Net Debt | (32,708) | 14.7 | 21.1 | (9.1) | (188.1) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | (71,362) | (73.3) | (135.1) | 8.0 | (107.1) |
| Depreciation & Amortization | 3,518 | 4.9 | 9.3 | 5.3 | 3.0 |
| Stock-Based Compensation | 9,509 | 15.4 | 24.9 | 20.1 | 4.4 |
| Change in Working Capital | 7.0 | 31.6 | 1.2 | (44.2) | (3.2) |
| Other Non-Cash Items | 30,690.0 | (11.2) | (6.0) | (113.2) | 46.5 |
| Operating Cash Flow | (27,638) | (32.7) | (105.6) | (124.0) | (56.4) |
| Investing Activities | |||||
| Capital Expenditure | (2,715) | (0.0) | (3.2) | (19.4) | (18.1) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | (3.7) | (87.7) | (15.5) |
| Sales/Maturities of Investments | 0 | 6.7 | 45.8 | 54.0 | 0 |
| Other Investing Activities | 0 | 1.1 | 0 | 0 | 0 |
| Investing Cash Flow | (2,715) | 7.8 | 38.9 | (53.0) | (33.6) |
| Financing Activities | |||||
| Net Debt Issuance | 22.1 | (11.2) | 19.6 | 0.1 | 4.2 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 68,101.8 | 2.0 | 0.6 | 1.3 | 123.7 |
| Financing Cash Flow | 68,144 | 1.5 | 59.3 | 1.3 | 282.9 |
| Cash Position | |||||
| Net Change in Cash | 37,796 | (23.5) | (7.5) | (175.6) | 192.9 |
| Cash at Beginning | 1,840 | 25.3 | 32.8 | 208.4 | 15.5 |
| Cash at End | 39,636 | 1.8 | 25.3 | 32.8 | 208.4 |
| Free Cash Flow | (30,353) | (32.7) | (108.8) | (143.4) | (74.5) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | 46.0 | 41.0 | 77.4 | 78.7 | 27.4 |
| Gross Profit | (7.4) | (2.1) | (26.3) | 0.8 | 5.0 |
| Operating Income | (54.9) | (82.3) | (133.3) | (106.3) | (57.8) |
| Net Income | (71.4) | (73.3) | (135.1) | 8.0 | 10.2 |
| EPS (Diluted) | -4.33 | -86.51 | -357.00 | 21.00 | 91.26 |
| Balance Sheet | |||||
| Cash & Equivalents | 39,013 | 1.2 | 24.5 | 32.0 | 207.6 |
| Total Assets | 105,348 | 89.2 | 153.8 | 223.1 | 302.7 |
| Total Debt | 6,305 | 15.9 | 45.6 | 22.8 | 19.5 |
| Stockholders' Equity | 38,156 | 39.7 | 68.3 | 138.8 | 110.4 |
| Cash Flow | |||||
| Operating Cash Flow | (27,638) | (32.7) | (105.6) | (124.0) | (56.4) |
| Capital Expenditure | (2,715) | (0.0) | (3.2) | (19.4) | (18.1) |
| Free Cash Flow | (30,353) | (32.7) | (108.8) | (143.4) | (74.5) |