earnings
confidence high
sentiment positive
materiality 0.75
Biodesix FY2024 revenue $71.3M (+45% YoY); guides FY2025 $92-95M
BIODESIX INC
- FY2024 total revenue $71.3M, up 45% YoY; gross margin 78%, up 5 pts from FY2023.
- Lung Diagnostic testing revenue $64.7M (+43% YoY); Biopharma Services $6.6M (+70% YoY).
- Net loss $42.9M improved 18%; adjusted EBITDA loss $22.1M improved 32% vs FY2023.
- Cash $26.2M at Dec 31, 2024; post-quarter amended term loan to extend $10M Tranche C availability.
- FY2025 total revenue guidance $92-95M, representing 29-33% growth over FY2024.