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Fulgent Genetics Inc

Healthcare US FLGT

20.03USD
-0.71(3.42%)

Last update at 2024-04-25T20:00:00Z

Day Range

19.9720.75
LowHigh

52 Week Range

23.0944.09
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 184.03M 677.30M 291.68M 0.41M -4.62300M
Minority interest 1.48M 1.12M - - -
Net income 143.40M 507.36M 214.31M 0.37M -4.48900M
Selling general administrative 111.07M 50.73M 15.21M 6.41M 5.54M
Selling and marketing expenses 38.92M 24.44M 14.95M 5.90M 4.65M
Gross profit 366.90M 777.05M 331.90M 18.42M 10.66M
Reconciled depreciation 32.66M 1.71M 2.96M 2.11M 2.16M
Ebit 178.53M 675.95M 287.20M -2.53500M -7.22000M
Ebitda 190.97M 677.66M 290.16M -0.42800M -5.05700M
Depreciation and amortization 12.45M 1.71M 2.96M 2.11M 2.16M
Non operating income net other - 5.08M -3.31600M 0.06M -0.50100M
Operating income 178.53M 675.95M 290.16M -0.42800M -5.05700M
Other operating expenses 437.47M 316.63M 131.55M 32.96M 26.41M
Interest expense 5.50M 6.21M 0.35M 2.17M 0.00000M
Tax provision 42.10M 174.79M 72.53M 0.04M 0.04M
Interest income 5.50M 1.35M 1.53M 0.84M 0.43M
Net interest income 5.50M 1.35M 1.53M 0.84M 0.43M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 42.10M 174.79M 72.53M 0.04M -1.06900M
Total revenue 618.97M 992.58M 421.71M 32.53M 21.36M
Total operating expenses 185.40M 101.10M 41.75M 18.85M 15.72M
Cost of revenue 252.07M 215.53M 89.81M 14.11M 10.69M
Total other income expense net 5.50M 1.35M 1.53M 0.84M 0.43M
Discontinued operations - - - - -
Net income from continuing ops 141.92M 506.24M 219.15M -0.41100M -5.60700M
Net income applicable to common shares 143.40M 507.36M 214.31M -0.41100M -5.60700M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 1386.05M 1278.72M 700.46M 88.76M 55.02M
Intangible assets 150.64M 35.91M - - -
Earning assets - - - - -
Other current assets 22.25M -12.20600M -16.49100M 0.28M 0.31M
Total liab 116.18M 112.84M 131.07M 5.98M 2.75M
Total stockholder equity 1269.88M 1165.88M 569.39M 82.78M 52.27M
Deferred long term liab - - - - -
Other current liab 58.35M 36.69M 62.72M 3.61M 1.43M
Common stock 0.00300M 0.00300M 0.00300M 0.00200M 0.00200M
Capital stock 0.00300M 0.00300M 0.00300M 0.00200M 0.00200M
Retained earnings 801.00M 657.60M 150.88M -63.42900M -63.01800M
Other liab 17.46M 0.79M 0.39M - 0.01M
Good will 143.03M 50.90M - - -
Other assets 26.56M 912.63M 44.54M 0.25M 0.02M
Cash 79.51M 164.89M 87.43M 11.96M 6.74M
Cash and equivalents - - - - -
Total current liabilities 116.18M 112.84M 131.07M 5.98M 2.75M
Current deferred revenue 14.09M 34.38M 26.58M 0.36M -
Net debt -58.86800M -143.61000M -71.57200M -9.28900M -6.73600M
Short term debt 20.64M 21.28M 15.29M 0.42M -
Short long term debt 20.64M 21.28M 15.02M - -
Short long term debt total 20.64M 21.28M 15.85M 2.68M -
Other stockholder equity 477.39M 487.07M 418.06M 146.06M 114.20M
Property plant equipment 98.92M 62.29M 40.20M 8.61M 6.45M
Total current assets 905.63M 1074.46M 615.73M 76.77M 43.37M
Long term investments 339.03M 507.01M 132.50M 42.82M 7.90M
Net tangible assets 973.01M 1165.88M 569.39M 82.78M 51.15M
Short term investments 773.38M 770.65M 344.44M 58.25M 30.68M
Net receivables 52.75M 138.91M 183.86M 6.55M 5.95M
Long term debt - - - - -
Inventory 4.28M 12.21M 16.49M 0.28M 0.31M
Accounts payable 23.09M 20.49M 26.49M 1.58M 1.31M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - 7.13M - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -20.90300M -0.75900M 0.44M 0.15M -0.03500M
Additional paid in capital - - - - -
Common stock total equity - 0.00300M 0.00300M 0.00200M 0.00200M
Preferred stock total equity - - - - -
Retained earnings total equity - 657.60M 150.88M -63.42900M -63.01800M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other -233.63500M 141.97M -87.96600M -36.80800M -2.70300M
Deferred long term asset charges - - - - -
Non current assets total 480.42M 204.26M 84.73M 11.98M 11.64M
Capital lease obligations - - 0.83M 2.68M -
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -261.31400M -460.89900M -289.93600M -27.86400M 3.27M
Change to liabilities -25.33900M -12.20600M 108.57M -0.04100M 0.64M
Total cashflows from investing activities -261.31400M -546.54800M -326.43800M -29.04600M 0.95M
Net borrowings -1.06700M -0.01100M 15.02M 15.02M 15.02M
Total cash from financing activities -77.14100M 85.41M 261.25M 28.77M 0.01M
Change to operating activities -40.46700M 19.76M 11.12M 0.23M 0.62M
Net income 141.92M 506.24M 214.31M -0.41100M -5.60700M
Change in cash -85.38800M 77.47M 75.46M 5.23M 0.25M
Begin period cash flow 164.89M 87.43M 11.96M 6.74M 6.49M
End period cash flow 79.51M 164.89M 87.43M 11.96M 6.74M
Total cash from operating activities 253.52M 538.58M 140.63M 5.52M -0.67500M
Issuance of capital stock 0.00000M 89.47M 246.19M 28.76M -
Depreciation 32.66M 11.00M 2.96M 2.11M 2.16M
Other cashflows from investing activities - -81.83700M -1.37200M -27.86400M 3.27M
Dividends paid - - - - -
Change to inventory - - - - -36.18100M
Change to account receivables 68.64M 42.30M -178.48000M -0.83900M -1.97000M
Sale purchase of stock -74.33700M 89.57M -0.06200M -0.02100M 0.01M
Other cashflows from financing activities -1.76800M -4.05900M 15.12M 0.04M 0.01M
Change to netincome 75.45M 22.89M 8.72M 4.22M 3.72M
Capital expenditures 18.77M 23.84M 36.51M 1.32M 2.83M
Change receivables - 42.30M -178.48000M -0.83900M -1.97000M
Cash flows other operating - 4.45M -16.30800M 0.38M 0.09M
Exchange rate changes - - - - -0.04400M
Cash and cash equivalents changes - 77.43M 75.44M 5.25M 0.25M
Change in working capital 2.00M -2.67600M -91.45100M -0.91500M -1.24400M
Stock based compensation 32.64M 15.88M 8.16M 3.21M 2.30M
Other non cash items 43.46M 15.97M 8.05M 1.55M 1.67M
Free cash flow 234.75M 514.73M 104.12M 4.20M -3.50700M

Fundamentals

  • Previous Close 20.74
  • Market Cap835.21M
  • Volume183277
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-37.60100M
  • Revenue TTM286.41M
  • Revenue Per Share TTM9.63
  • Gross Profit TTM 366.90M
  • Diluted EPS TTM-2.1

Peer Comparison

Sector: Healthcare Industry: Diagnostics & Research

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
FLGT
Fulgent Genetics Inc
-0.71 3.42% 20.03 - 7.94 2.92 0.64 1.18 -6.5565
TMO
Thermo Fisher Scientific Inc
-5.66 0.98% 571.73 34.71 23.87 4.62 4.43 5.29 20.89
DHR
Danaher Corporation
-4.61 1.84% 245.80 29.09 28.01 5.67 3.20 6.00 19.09
IDXX
IDEXX Laboratories Inc
-5.02 1.02% 489.24 55.57 53.76 12.50 34.56 12.72 38.21
IQV
IQVIA Holdings Inc
-6.86 2.85% 233.98 37.82 19.68 2.76 7.20 3.61 17.03

Reports Covered

Stock Research & News

Profile

Fulgent Genetics, Inc., together with its subsidiaries, provides clinical diagnostic and therapeutic development solutions to physicians and patients in the United States and internationally. The company's clinical diagnostic solutions include molecular diagnostic testing; genetic testing; anatomic pathology laboratory tests and testing services, such as gastrointestinal pathology, dermatopathology, urologic pathology, breast pathology, neuropathology, and hematopathology; oncology tests and testing services; and next generation sequencer services related to hereditary cancer, cardiovascular genetics, reproductive health, and neurodegenerative genetics, as well as pharmacogenetic tests. Its therapeutic development solutions focus on developing drug candidates for treating a range of cancers using a novel nanoencapsulation and targeted therapy platform designed to enhance the therapeutic window and pharmacokinetic profile, or PK profile, of new and existing cancer drugs. The company also operates picture genetics platform which includes proprietary gene probes, data suppression and comparison algorithms, adaptive learning software, and proprietary laboratory information management systems that helps customers to identify health markers in their personal DNA. It serves insurance, hospitals, medical institutions, other laboratories, governmental bodies, payors, municipalities and large corporations, and patients. The company was formerly known as Fulgent Diagnostics, Inc. and changed its name to Fulgent Genetics, Inc. in August 2016. Fulgent Genetics, Inc. was founded in 2011 and is headquartered in Temple City, California.

Fulgent Genetics Inc

4978 Santa Anita Avenue, Temple City, CA, United States, 91780

Key Executives

Name Title Year Born
Mr. Ming Hsieh Chairman & CEO 1956
Mr. Jian Xie COO & Pres 1966
Mr. Paul Kim Chief Financial Officer 1967
Dr. Han Lin Gao D.A.B.M.G., F.A.C.M.G., FACMG, M.D., Ph.D. Chief Scientific Officer & Laboratory Director 1967
Ms. Natalie Prescott VP of Legal & Deputy Gen. Counsel NA
Ms. Doreen Ng VP of Operations & Compliance and GM of Houston Office NA
Mr. Jakub Sram VP of Bus. Devel. & Sales NA
Ms. Ellen Tsui VP of HR NA
Mr. Brandon Perthuis Chief Commercial Officer NA
Dr. Lawrence M. Weiss M.D. Chief Medical Officer 1957

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