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BFLY

3.09USD+0.03(+0.98%)Delayed

Butterfly Network, Inc.

Market Summary

USD3.09+0.03Delayed
0.98%

BFLY Stock Price

RSI Chart

Valuation

Market Cap

959.1M

Price/Earnings

-8.79

Price/Sales

14.02

Price/Cashflow

-5.12

MarketCap/EBT

-8.8

Price/Sales

Profitability

Operating Margin

31.19%

EBT Margin

-159.32%

Return on Equity

-28.2%

Return on Assets

-21.96%

Fundamentals

Revenue

Revenue (TTM)

68.4M

Revenue Y/Y

16.36%

Revenue Q/Q

23.38%

Earnings

Earnings (TTM)

-109.1M

Earnings Y/Y

-1.1K%

Earnings Q/Q

19.51%

Price Action

52 Week Range

2.318.72
(Low)(High)

Last 7 days

-7.5%

Last 30 days

-28.6%

Last 90 days

-49.3%

Trailing 12 Months

-59.3%

Financial Health

Current Ratio

6.84

Investor Care

Shares Dilution (1Y)

3.76%

Diluted EPS (TTM)

-0.56

Financials for Butterfly Network

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue4.1%6866635955
Gross Profit12.4%21191718-45.92
Operating Expenses6.8%222207210160109
  S&GA Expenses10.7%6155504335
  R&D Expenses7.4%8882746858
Earnings Before Taxes-43.2%-108.97-76.08-32.2911941
Net Income-43.1%-109.05-76.20-32.41-179.55-166.31
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets-7.2%497535572580631
  Current Assets-10.3%426474512544591
    Cash Equivalents-13.6%31136042315320
  Inventory35.6%6648362447
  Net PPE25.5%29231597
Liabilities-10.4%110123124129185
  Current Liabilities22.7%6251504558
Shareholder's Equity-6.3%387413448451446
  Retained Earnings-7.6%-507.49-471.69-427.21-412.00-398.44
  Additional Paid-In Capital1.1%894884875863845
Accumulated Depreciation11.0%54---
Shares Outstanding0.2%199199196192-
Float-2,100----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Thousands)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations-4.2%-187,487.00-179,994.00-189,187.00-147,032.50-100,701.59
  Share Based Compensation4.3%37,77836,23147,79842,04733,692
Cashflow From Investing-8.4%470,895513,821-9,870.00-319,747.00-492,321.00
Cashflow From Financing-32.8%10,73015,974565,692563,299555,671

Risks

What is the probability of a big loss on BFLY?

74.2%


Probability that Butterfly Network stock will be more than 20% underwater in next one year

73.4%


Probability that Butterfly Network stock will be more than 30% underwater in next one year.

68.5%


Probability that Butterfly Network stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does BFLY drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Butterfly Network was unfortunately bought at previous high price.

Returns

Cumulative Returns on BFLY

Which funds bought or sold BFLY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
National Asset Management, Inc.
-
-
-36,000
-
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
221,000
700,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
ADDED
8.21
57,000
144,000
-%
2022-11-15
IMA Wealth, Inc.
UNCHANGED
-
3,000
9,000
-%
2022-11-15
Clearstead Advisors, LLC
ADDED
22.32
21,000
45,000
-%
2022-11-15
STATE STREET CORP
REDUCED
-13.03
4,809,000
19,322,000
-%
2022-11-15
JANE STREET GROUP, LLC
NEW
-
497,000
497,000
-%
2022-11-15
ALLIANCEBERNSTEIN L.P.
UNCHANGED
-
309,000
890,000
-%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
BNP PARIBAS ARBITRAGE, SNC
NEW
-
273,813
273,813
-%

1–10 of 43

Latest Funds Activity

Are funds buying BFLY calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own BFLY

Butterfly Network News

CML News

$BFLY Abdul Latif Jameel Health, Cureleads Announce Agreement For UAE Distribution Of Butterfly iQ+.7 hours ago

BFLY Fair Value

Recent SEC filings of Butterfly Network

View All Filings
Date Filed Form Type Document
Nov 04, 2022
424B3
Prospectus Filed
Nov 03, 2022
8-K
Current Report
Nov 03, 2022
424B3
Prospectus Filed
Nov 03, 2022
10-Q
Quarterly Report
Oct 04, 2022
4
Insider Trading
Sep 19, 2022
4
Insider Trading
Sep 16, 2022
SC 13D/A
13D - Major Acquisition
Sep 15, 2022
4
Insider Trading

Latest Insider Trading transactions for BFLY

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-09-19
Shahida Darius
SOLD
-110,630
5.4933
-20,139
Chief Strategy/Bus Dev Officer
2022-09-14
Quander Troy
SOLD
-9,245.7
6.1927
-1,493
SVP, Regulatory and Quality
2022-06-21
Shahida Darius
SOLD
-51,099.4
3.18
-16,069
Chief Strategy/Bus Dev Officer
2022-06-17
Pettiti Gianluca
ACQUIRED
-
-
48,231
-
2022-06-17
HAMMERGREN JOHN H
ACQUIRED
-
-
48,231
-
2022-06-17
ROBBINS LARRY
ACQUIRED
-
-
48,231
-
2022-06-17
ROTHBERG JONATHAN M
ACQUIRED
-
-
48,231
-
2022-06-17
Edelman Elazer R
ACQUIRED
-
-
48,231
-
2022-06-17
Schwartz Erica
ACQUIRED
-
-
48,231
-
2022-06-17
Carfora Dawn
ACQUIRED
-
-
48,231
-

1–10 of 50

Todd M. Fruchterman
460
Butterfly Network, Inc., a digital health company, develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally. It offers Butterfly iQ, a handheld and single-probe whole body ultrasound system; Butterfly iQ+, a point-of-care ultrasound imaging device that connects with a smartphone, tablet, and hospital computer system; and Butterfly Blueprint, a system-wide ultrasound platform with Compass software that integrates into a healthcare system's clinical and administrative infrastructure. The company also provides Butterfly system, which includes probes, and related accessories and software subscriptions, to healthcare systems, physicians, and healthcare providers through a direct sales force, distributors, and eCommerce channel. In addition, it offers cloud-based software solutions to healthcare systems, teleguidance, in-app educational tutorials, and formal education programs through its Butterfly Academy software, as well as clinical support and services. Butterfly Network, Inc. was incorporated in 2011 and is headquartered in Guilford, Connecticut.

BFLY Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:    
Total revenue$ 19,618$ 14,621$ 54,407$ 43,578
Cost of revenue:    
Total cost of revenue8,62919,74324,50334,064
Gross profit (loss)10,989(5,122)29,9049,514
Operating expenses:    
Research and development23,15421,65469,99754,459
Sales and marketing15,81114,20347,45134,550
General and administrative18,05616,00856,47467,928
Total operating expenses57,02151,865173,922156,937
Loss from operations(46,032)(56,987)(144,018)(147,423)
Interest income1,3048931,5741,739
Interest expense(2) (2)(645)
Change in fair value of warrant liabilities(9,087)42,9588,881130,528
Other income (expense), net(898)(428)(1,387)(1,320)
Loss before provision for income taxes(54,715)(13,564)(134,952)(17,121)
Provision for income taxes27(3)6872
Net loss and comprehensive loss$ (54,742)$ (13,561)$ (135,020)$ (17,193)
Net loss per common share - basic$ (0.27)$ (0.07)$ (0.68)$ (0.10)
Net loss per common share - diluted$ (0.27)$ (0.07)$ (0.68)$ (0.10)
Weighted-average common shares outstanding - basic200,172,683196,095,192199,528,394165,656,408
Weighted-average common shares outstanding - diluted200,172,683196,095,192199,528,394165,656,408
Product    
Revenue:    
Total revenue$ 13,164$ 10,848$ 37,607$ 33,455
Cost of revenue:    
Total cost of revenue6,5347,58419,48121,090
Software and other services    
Revenue:    
Total revenue6,4543,77316,80010,123
Cost of revenue:    
Total cost of revenue$ 2,095536$ 5,0221,351
Loss on product purchase commitments    
Cost of revenue:    
Total cost of revenue $ 11,623 $ 11,623

BFLY Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 193,313$ 422,841
Marketable securities74,546 
Accounts receivable, net11,80711,936
Inventories57,66436,243
Current portion of vendor advances20,84427,500
Prepaid expenses and other current assets14,29113,384
Total current assets372,465511,904
Property and equipment, net31,37714,703
Non-current portion of vendor advances9,88312,782
Operating lease assets22,14624,083
Other non-current assets7,3878,493
Total assets443,258571,965
Current liabilities:  
Accounts payable2,6755,798
Deferred revenue, current13,92713,071
Accrued purchase commitments, current3,9515,329
Accrued expenses and other current liabilities25,32725,631
Total current liabilities45,88049,829
Deferred revenue, non-current5,5915,476
Warrant liabilities17,34826,229
Accrued purchase commitments, non-current 14,200
Operating lease liabilities30,17627,690
Other non-current liabilities626850
Total liabilities99,621124,274
Commitments and contingencies (Note 15)
Stockholders' equity:  
Additional paid-in capital905,852874,886
Accumulated deficit(562,235)(427,215)
Total stockholders' equity343,637447,691
Total liabilities and stockholders' equity443,258571,965
Class A Common Stock  
Stockholders' equity:  
Common stock1717
Class B Common Stock  
Stockholders' equity:  
Common stock$ 3$ 3