BFLY
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | -9.18 | -1.66 | ||
| Price to Sales | 8.05 | 3.37 | ||
| Book Value Per Common Share | 0.79 | 1.06 | 1.62 | 2.26 |
| Price to Book | 3.97 | 1.02 | ||
| Price to Operating Cash Flow | -15.84 | -2.24 | ||
| Price to Free Cash Flow | -14.87 | -2.12 | ||
| Enterprise Value to EBITDA |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | -14.85 | -33.33 | -38.00 | -39.00 | -22.13 |
| Price to Sales | 22.65 | 21.25 | 25.25 | 29.80 | 18.32 |
| Book Value Per Common Share | 0.81 | 0.93 | 0.97 | 0.79 | 0.85 |
| Price to Book | 2.39 | 2.16 | 2.35 | 3.97 | 2.07 |
| Price to Operating Cash Flow | -167.83 | -69.20 | -45.88 | -213.70 | -47.58 |
| Price to Free Cash Flow | -124.52 | -61.54 | -44.53 | -189.09 | -45.15 |
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | ||||
| Revenue YoY | 24.52 | -10.21 | 17.30 | |
| EBITDA YoY | ||||
| Net Profit YoY |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | -8.10 | 10.17 | -5.04 | 8.71 | |
| EBITDA YoY | |||||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 0.42 | 0.65 | 1.19 | 2.43 |
| Quick Ratio | 2.27 | 3.34 | 4.92 | 8.73 |
| Current Ratio | 3.99 | 5.22 | 6.96 | 10.27 |
| Debt to Equity | 0.52 | 0.38 | 0.28 | 0.28 |
| Long-Term Debt to Equity | 0.23 | 0.18 | 0.13 | 0.17 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 0.57 | 0.60 | 0.66 | 0.42 | 0.44 |
| Quick Ratio | 3.35 | 3.87 | 4.12 | 2.27 | 2.67 |
| Current Ratio | 4.80 | 5.68 | 6.06 | 3.99 | 4.66 |
| Debt to Equity | 0.42 | 0.35 | 0.33 | 0.52 | 0.46 |
| Long-Term Debt to Equity | 0.18 | 0.15 | 0.15 | 0.23 | 0.22 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | -28.31 | -43.94 | -40.41 | -5.67 |
| ROE | -42.94 | -60.76 | -51.86 | -7.24 |
| Gross Margin | 59.51 | 25.58 | 53.77 | 27.26 |
| Operating Margin | -86.85 | -202.76 | -229.84 | -50.57 |
| EBITDA Margin | -74.24 | -186.71 | -221.75 | -47.23 |
| Net Profit Margin | -88.34 | -202.88 | -229.90 | -51.80 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | -11.71 | -4.42 | -4.39 | -7.07 | -6.38 |
| ROE | -16.67 | -5.94 | -5.83 | -10.72 | -9.31 |
| Gross Margin | -17.48 | 63.68 | 63.04 | 61.45 | 59.50 |
| Operating Margin | -156.22 | -57.50 | -64.14 | -79.99 | -80.48 |
| EBITDA Margin | -147.45 | -48.60 | -53.02 | -68.77 | -67.74 |
| Net Profit Margin | -158.09 | -59.16 | -65.80 | -80.99 | -82.31 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | ||||
| Dividend Payout Ratio |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | |||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 256,082.00 | 304,274.00 | 417,570.00 | 571,965.00 |
| Current Assets | 192,613.00 | 231,263.00 | 357,137.00 | 511,904.00 |
| Cash and Short-Term Investments | 88,775.00 | 134,437.00 | 237,811.00 | 422,841.00 |
| Cash and Cash Equivalents | 88,775.00 | 134,437.00 | 162,561.00 | 422,841.00 |
| Short-Term Investments | 0 | 0 | 75,250.00 | 0 |
| Net Receivables | 20,793.00 | 13,418.00 | 14,685.00 | 11,936.00 |
| Inventory | 70,789.00 | 73,022.00 | 59,970.00 | 36,243.00 |
| Other Current Assets | 12,256.00 | 10,386.00 | 44,671.00 | 40,884.00 |
| Non-Current Assets | 63,469.00 | 73,011.00 | 60,433.00 | 60,061.00 |
| Property, Plant, Equipment Net | 13,074.00 | 23,274.00 | 38,152.00 | 34,955.00 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 29,593.00 | 28,039.00 | 14,746.00 | 3,831.00 |
| Long-Term Investments | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 21,275.00 |
| Liabilities | 87,250.00 | 84,221.00 | 92,210.00 | 124,274.00 |
| Current Liabilities | 48,215.00 | 44,271.00 | 51,329.00 | 49,829.00 |
| Payables and Expenses | 9,250.00 | 9,196.00 | 14,536.00 | 16,667.00 |
| Account Payables | 4,250.00 | 5,090.00 | 7,211.00 | 5,798.00 |
| Current Accrued Liabilities | 2,644.00 | 2,909.00 | 5,883.00 | 8,392.00 |
| Short-Term Debt | 2,437.00 | 2,192.00 | 1,926.00 | 1,391.00 |
| Other Current Liabilities | 36,528.00 | 32,883.00 | 34,867.00 | 31,771.00 |
| Non-Current Liabilities | 39,035.00 | 39,950.00 | 40,881.00 | 74,445.00 |
| Long-Term Debt | 20,398.00 | 22,835.00 | 29,966.00 | 27,690.00 |
| Other Non-Current Liabilities | 18,637.00 | 17,115.00 | 10,915.00 | 46,755.00 |
| Equity | 168,832.00 | 220,053.00 | 325,360.00 | 447,691.00 |
| Shareholders Equity | 168,832.00 | 220,053.00 | 325,360.00 | 447,691.00 |
| Capital Stock | 22.00 | 21.00 | 20.00 | 20.00 |
| Share Premium | 970,940.00 | 949,670.00 | 921,278.00 | 874,886.00 |
| Retained Earnings | -802,130.00 | -729,638.00 | -595,938.00 | -427,215.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Debt | 22,835.00 | 25,027.00 | 31,892.00 | 29,081.00 |
| Common Shares Outstanding | 215,053.09 | 207,648.73 | 200,886.89 | 198,039.99 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 82,056.00 | 65,900.00 | 73,390.00 | 62,565.00 |
| Cost Of Revenue | 33,225.00 | 49,044.00 | 33,930.00 | 45,511.00 |
| Interest Income | 5,020.00 | 7,450.00 | 3,384.00 | 2,573.00 |
| Interest Expense | 1,261.00 | 0 | 2.00 | 651.00 |
| Non-Interest Expense | 85,442.00 | 106,850.00 | 144,436.00 | 135,321.00 |
| Gross Profit | 48,831.00 | 16,856.00 | 39,460.00 | 17,054.00 |
| Operating Expenses | 123,242.00 | 162,466.00 | 232,480.00 | 209,782.00 |
| Selling, General and Administrative Expenses | 85,442.00 | 106,850.00 | 144,436.00 | 135,321.00 |
| Research and Development Expenses | 37,800.00 | 55,616.00 | 88,044.00 | 74,461.00 |
| Other Operating Expenses | 0 | 18,164.00 | 7,346.00 | 0 |
| Operating Income | -74,411.00 | -145,610.00 | -193,020.00 | -192,728.00 |
| Net Non-Operating Income | -13.00 | -2.00 | 98.00 | -2,577.00 |
| EBT | -72,524.00 | -133,618.00 | -168,681.00 | -32,288.00 |
| Income Tax | -32.00 | 82.00 | 42.00 | 121.00 |
| Net Income Including Non-Controlling Interests | -72,492.00 | -133,700.00 | -168,723.00 | -32,409.00 |
| Net Income | -72,492.00 | -133,700.00 | -168,723.00 | -32,409.00 |
| EBIT | -71,263.00 | -133,618.00 | -168,679.00 | -31,637.00 |
| Deprecation and Amortization | 10,342.00 | 10,574.00 | 5,935.00 | 2,090.00 |
| EBITDA | -60,921.00 | -123,044.00 | -162,744.00 | -29,547.00 |
| EPS | -0.00 | -0.00 | -0.00 | -0.00 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | -0.00 |
| Average Shares Outstanding Basic | 211,682.76 | 205,385.54 | 199,848.39 | 173,810.05 |
| Average Shares Outstanding Diluted | 211,682.76 | 205,385.54 | 199,848.39 | 173,810.05 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | -41,707.00 | -98,820.00 | -169,115.00 | -189,187.00 |
| Operating Net Income | -72,492.00 | -133,700.00 | -168,723.00 | -32,409.00 |
| Deprecation and Amortization | 10,342.00 | 10,574.00 | 5,935.00 | 2,090.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 21,032.00 | 27,480.00 | 42,531.00 | 47,798.00 |
| Change in Working Capital | -4,821.00 | -20,132.00 | -29,397.00 | -51,049.00 |
| Other Operating Activities | 4,232.00 | 16,958.00 | -19,461.00 | -155,617.00 |
| Investing Cash Flow | -2,658.00 | 70,414.00 | -93,779.00 | -9,870.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -2,658.00 | -5,773.00 | -18,245.00 | -7,877.00 |
| Net Purchase/Sale of Investments Net | 0 | 76,187.00 | -75,534.00 | -1,993.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | -1,495.00 | 228.00 | 2,881.00 | 565,692.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | -4,366.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 548,403.00 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | 2,881.00 | 21,655.00 |
| Net Change in Cash | -45,860.00 | -28,178.00 | -260,013.00 | 366,635.00 |
| Cash at Beginning of Period | 138,650.00 | 166,828.00 | 426,841.00 | 60,206.00 |
| Cash at End of Period | 92,790.00 | 138,650.00 | 166,828.00 | 426,841.00 |
| Free Cash Flow | -44,401.00 | -104,603.00 | -187,417.00 | -197,064.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 290,002.00 | 313,278.00 | 318,412.00 | 256,082.00 | 265,272.00 |
| Current Assets | 241,391.00 | 253,747.00 | 257,383.00 | 192,613.00 | 199,493.00 |
| Cash and Short-Term Investments | 144,233.00 | 148,136.00 | 155,212.00 | 88,775.00 | 93,758.00 |
| Cash and Cash Equivalents | 144,233.00 | 148,136.00 | 155,212.00 | 88,775.00 | 93,758.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 24,418.00 | 24,527.00 | 19,881.00 | 20,793.00 | 20,621.00 |
| Inventory | 62,232.00 | 68,907.00 | 69,314.00 | 70,789.00 | 73,271.00 |
| Other Current Assets | 10,508.00 | 12,177.00 | 12,976.00 | 12,256.00 | 11,843.00 |
| Non-Current Assets | 48,611.00 | 59,531.00 | 61,029.00 | 63,469.00 | 65,779.00 |
| Property, Plant, Equipment Net | 29,910.00 | 30,790.00 | 31,833.00 | 13,074.00 | 35,782.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 29,593.00 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 20,802.00 | 0 |
| Liabilities | 86,172.00 | 80,472.00 | 78,716.00 | 87,250.00 | 83,440.00 |
| Current Liabilities | 50,331.00 | 44,666.00 | 42,476.00 | 48,215.00 | 42,792.00 |
| Payables and Expenses | 11,543.00 | 10,022.00 | 8,150.00 | 9,250.00 | 8,613.00 |
| Account Payables | 3,308.00 | 3,320.00 | 2,277.00 | 4,250.00 | 3,651.00 |
| Current Accrued Liabilities | 5,859.00 | 4,430.00 | 3,696.00 | 2,644.00 | 2,878.00 |
| Short-Term Debt | 2,616.00 | 2,555.00 | 2,496.00 | 2,437.00 | 2,379.00 |
| Other Current Liabilities | 36,172.00 | 32,089.00 | 31,830.00 | 36,528.00 | 31,800.00 |
| Non-Current Liabilities | 35,841.00 | 35,806.00 | 36,240.00 | 39,035.00 | 40,648.00 |
| Long-Term Debt | 18,414.00 | 19,097.00 | 19,757.00 | 20,398.00 | 21,030.00 |
| Other Non-Current Liabilities | 17,427.00 | 16,709.00 | 16,483.00 | 18,637.00 | 19,618.00 |
| Equity | 203,830.00 | 232,806.00 | 239,696.00 | 168,832.00 | 181,832.00 |
| Shareholders Equity | 203,830.00 | 232,806.00 | 239,696.00 | 168,832.00 | 181,832.00 |
| Capital Stock | 26.00 | 25.00 | 25.00 | 22.00 | 22.00 |
| Share Premium | 1,067,706.00 | 1,062,712.00 | 1,055,768.00 | 970,940.00 | 965,839.00 |
| Retained Earnings | -863,902.00 | -829,931.00 | -816,097.00 | -802,130.00 | -784,029.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Debt | 21,030.00 | 21,652.00 | 22,253.00 | 22,835.00 | 23,409.00 |
| Common Shares Outstanding | 252,534.19 | 251,036.77 | 247,245.58 | 215,053.09 | 212,984.46 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenues | 21,489.00 | 23,383.00 | 21,225.00 | 22,351.00 | 20,561.00 |
| Cost Of Revenue | 25,246.00 | 8,492.00 | 7,845.00 | 8,616.00 | 8,328.00 |
| Interest Income | 1,443.00 | 1,503.00 | 1,651.00 | 997.00 | 1,221.00 |
| Interest Expense | 385.00 | 368.00 | 347.00 | 333.00 | 319.00 |
| Non-Interest Expense | 22,674.00 | 22,676.00 | 21,924.00 | 22,222.00 | 20,635.00 |
| Gross Profit | -3,757.00 | 14,891.00 | 13,380.00 | 13,735.00 | 12,233.00 |
| Operating Expenses | 31,377.00 | 30,991.00 | 31,848.00 | 31,047.00 | 29,479.00 |
| Selling, General and Administrative Expenses | 22,674.00 | 22,676.00 | 21,924.00 | 22,222.00 | 20,635.00 |
| Research and Development Expenses | 8,703.00 | 8,315.00 | 9,924.00 | 8,825.00 | 8,844.00 |
| Operating Income | -35,134.00 | -16,100.00 | -18,468.00 | -17,312.00 | -17,246.00 |
| Net Non-Operating Income | -86.00 | 531.00 | 2,378.00 | -530.00 | 717.00 |
| EBT | -33,955.00 | -13,814.00 | -13,960.00 | -18,211.00 | -16,866.00 |
| Income Tax | 16.00 | 20.00 | 7.00 | -110.00 | 58.00 |
| Net Income Including Non-Controlling Interests | -33,971.00 | -13,834.00 | -13,967.00 | -18,101.00 | -16,924.00 |
| Net Income | -33,971.00 | -13,834.00 | -13,967.00 | -18,101.00 | -16,924.00 |
| EBIT | -33,570.00 | -13,446.00 | -13,613.00 | -17,878.00 | -16,547.00 |
| Deprecation and Amortization | 1,885.00 | 2,082.00 | 2,360.00 | 2,507.00 | 2,618.00 |
| EBITDA | -31,685.00 | -11,364.00 | -11,253.00 | -15,371.00 | -13,929.00 |
| EPS | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Average Shares Outstanding Basic | 252,087.54 | 248,393.81 | 234,923.54 | 213,389.21 | 212,774.08 |
| Average Shares Outstanding Diluted | 252,087.54 | 248,393.81 | 234,923.54 | 213,389.21 | 212,774.08 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | -2,887.00 | -7,167.00 | -11,677.00 | -3,120.00 | -7,920.00 |
| Operating Net Income | -33,971.00 | -13,834.00 | -13,967.00 | -18,101.00 | -16,924.00 |
| Deprecation and Amortization | 1,885.00 | 2,082.00 | 2,360.00 | 2,507.00 | 2,618.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 4,926.00 | 5,864.00 | 6,284.00 | 5,238.00 | 4,411.00 |
| Change in Working Capital | 6,433.00 | -1,156.00 | -5,982.00 | 5,716.00 | -162.00 |
| Other Operating Activities | 17,840.00 | -123.00 | -372.00 | 1,520.00 | 2,137.00 |
| Investing Cash Flow | -1,016.00 | -896.00 | -353.00 | -408.00 | -413.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -1,016.00 | -896.00 | -353.00 | -408.00 | -413.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0.00 | 0.00 |
| Financing Cash Flow | 0 | 987.00 | 78,467.00 | -1,495.00 | 0 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 0 | -103.00 | 81,109.00 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 1,090.00 | -2,642.00 | 0 | 0 |
| Net Change in Cash | -3,903.00 | -7,076.00 | 66,437.00 | -5,023.00 | -8,333.00 |
| Cash at Beginning of Period | 152,151.00 | 159,227.00 | 92,790.00 | 97,813.00 | 106,146.00 |
| Cash at End of Period | 148,248.00 | 152,151.00 | 159,227.00 | 92,790.00 | 97,813.00 |
| Free Cash Flow | -3,903.00 | -8,063.00 | -12,030.00 | -3,528.00 | -8,334.00 |