No significant strengths identified
| Dec 2023 | Dec 2024 | |
|---|---|---|
| Sales/Revenue | 15.36M | 15.09M |
| Revenue Growth % | - | -0.02% |
| Cost of Goods Sold | 10.64M | 20.98M |
| COGS % of Revenue | 0.69% | 1.39% |
| Gross Profit | 4.71M | -5.89M |
| Gross Margin % | 0.31% | -0.39% |
| Gross Profit Growth % | - | -2.25% |
| Operating Expenses | 191.28M | 266.33M |
| OpEx % of Revenue | 12.46% | 17.65% |
| Selling, General & Admin | 53.01M | 59.42M |
| SG&A % of Revenue | 3.45% | 3.94% |
| Research & Development | 138.27M | 206.91M |
| R&D % of Revenue | 9% | 13.71% |
| Other Operating Expenses | 0 | 0 |
| Operating Income | -186.57M | -272.22M |
| Operating Margin % | -12.15% | -18.04% |
| Operating Income Growth % | - | -0.46% |
| EBITDA | -177.95M | -255.76M |
| EBITDA Margin % | -11.59% | -16.95% |
| EBITDA Growth % | - | -0.44% |
| D&A (Non-Cash Add-back) | 8.62M | 16.46M |
| EBIT | -174.18M | -263.7M |
| Net Interest Income | 12.04M | -2.91M |
| Interest Income | 12.39M | 8.52M |
| Interest Expense | 352K | 11.43M |
| Other Income/Expense | 12.04M | -2.91M |
| Pretax Income | -174.53M | -275.13M |
| Pretax Margin % | -11.37% | -18.23% |
| Income Tax | 1.03M | 514K |
| Effective Tax Rate % | 1.01% | 1% |
| Net Income | -175.56M | -275.64M |
| Net Margin % | -11.43% | -18.26% |
| Net Income Growth % | - | -0.57% |
| Net Income (Continuing) | -175.56M | -275.64M |
| Discontinued Operations | 0 | 0 |
| Minority Interest | 0 | 0 |
| EPS (Diluted) | -0.90 | -1.37 |
| EPS Growth % | - | -0.52% |
| EPS (Basic) | -0.90 | -1.37 |
| Diluted Shares Outstanding | 223.81M | 223.81M |
| Basic Shares Outstanding | 223.81M | 223.81M |
| Dividend Payout Ratio | - | - |
| Dec 2023 | Dec 2024 | |
|---|---|---|
| Total Current Assets | 280.03M | 327.34M |
| Cash & Short-Term Investments | 253.69M | 301.55M |
| Cash Only | 253.69M | 301.55M |
| Short-Term Investments | 0 | 0 |
| Accounts Receivable | 5.71M | 12.15M |
| Days Sales Outstanding | 135.76 | 293.97 |
| Inventory | 9.42M | 3.66M |
| Days Inventory Outstanding | 322.95 | 63.65 |
| Other Current Assets | 3.96M | 3.57M |
| Total Non-Current Assets | 299.21M | 339.03M |
| Property, Plant & Equipment | 295.6M | 336M |
| Fixed Asset Turnover | 0.05x | 0.04x |
| Goodwill | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Long-Term Investments | 0 | 0 |
| Other Non-Current Assets | 3.61M | 3.03M |
| Total Assets | 579.25M | 666.37M |
| Asset Turnover | 0.03x | 0.02x |
| Asset Growth % | - | 0.15% |
| Total Current Liabilities | 36.17M | 56.55M |
| Accounts Payable | 8.04M | 16.23M |
| Days Payables Outstanding | 275.76 | 282.36 |
| Short-Term Debt | 1.58M | 4.63M |
| Deferred Revenue (Current) | 1000K | 1000K |
| Other Current Liabilities | 21.55M | 27.24M |
| Current Ratio | 7.74x | 5.79x |
| Quick Ratio | 7.48x | 5.72x |
| Cash Conversion Cycle | 182.95 | 75.26 |
| Total Non-Current Liabilities | 157.64M | 173.88M |
| Long-Term Debt | 134.63M | 149.23M |
| Capital Lease Obligations | 19.08M | 16.68M |
| Deferred Tax Liabilities | 0 | 0 |
| Other Non-Current Liabilities | 1.9M | 1.6M |
| Total Liabilities | 193.81M | 230.43M |
| Total Debt | 155.28M | 170.55M |
| Net Debt | -98.41M | -131M |
| Debt / Equity | 0.40x | 0.39x |
| Debt / EBITDA | - | - |
| Net Debt / EBITDA | - | - |
| Interest Coverage | -530.03x | -23.82x |
| Total Equity | 385.44M | 435.94M |
| Equity Growth % | - | 0.13% |
| Book Value per Share | 1.72 | 1.95 |
| Total Shareholders' Equity | 385.44M | 435.94M |
| Common Stock | 1K | 1K |
| Retained Earnings | -676.69M | -969.28M |
| Treasury Stock | -5.36M | -5.89M |
| Accumulated OCI | -13K | -207K |
| Minority Interest | 0 | 0 |
| Dec 2023 | Dec 2024 | |
|---|---|---|
| Cash from Operations | -158.01M | -222.66M |
| Operating CF Margin % | -10.29% | -14.75% |
| Operating CF Growth % | - | -0.41% |
| Net Income | -175.56M | -275.64M |
| Depreciation & Amortization | 8.62M | 16.46M |
| Stock-Based Compensation | 0 | 0 |
| Deferred Taxes | 0 | 0 |
| Other Non-Cash Items | 11.06M | 15.18M |
| Working Capital Changes | -2.13M | 21.34M |
| Change in Receivables | 1.33M | 2.07M |
| Change in Inventory | 0 | 0 |
| Change in Payables | 0 | 0 |
| Cash from Investing | -152.33M | -68.81M |
| Capital Expenditures | -153.24M | -73.51M |
| CapEx % of Revenue | 9.98% | 4.87% |
| Acquisitions | - | - |
| Investments | - | - |
| Other Investing | 0 | 0 |
| Cash from Financing | 134.33M | 339.33M |
| Debt Issued (Net) | - | - |
| Equity Issued (Net) | - | - |
| Dividends Paid | 0 | 0 |
| Share Repurchases | - | - |
| Other Financing | -4K | -51K |
| Net Change in Cash | - | - |
| Free Cash Flow | -311.25M | -296.17M |
| FCF Margin % | -20.27% | -19.62% |
| FCF Growth % | - | 0.05% |
| FCF per Share | -1.39 | -1.32 |
| FCF Conversion (FCF/Net Income) | 0.90x | 0.81x |
| Interest Paid | 0 | 0 |
| Taxes Paid | 0 | 0 |
| Metric | 2023 | 2024 |
|---|---|---|
| Return on Equity (ROE) | -45.55% | -67.12% |
| Return on Invested Capital (ROIC) | -48.75% | -68.98% |
| Gross Margin | 30.7% | -39.03% |
| Net Margin | -1143.21% | -1826.43% |
| Debt / Equity | 0.40x | 0.39x |
| Interest Coverage | -530.03x | -23.82x |
| FCF Conversion | 0.90x | 0.81x |
| Revenue Growth | - | -1.73% |
BETA Technologies, Inc. (BETA) reported $15.1M in revenue for fiscal year 2024. This represents a 2% decrease from $15.4M in 2023.
BETA Technologies, Inc. (BETA) saw revenue decline by 1.7% over the past year.
BETA Technologies, Inc. (BETA) reported a net loss of $275.6M for fiscal year 2024.
BETA Technologies, Inc. (BETA) has a return on equity (ROE) of -67.1%. Negative ROE indicates the company is unprofitable.
BETA Technologies, Inc. (BETA) had negative free cash flow of $296.2M in fiscal year 2024, likely due to heavy capital investments.