•
Dec 31, 2024

Bioventus Q4 2024 Earnings Report

Bioventus reported strong revenue growth and improved profitability in Q4 2024.

Key Takeaways

Bioventus achieved a 13.5% increase in revenue for Q4 2024, driven by double-digit growth in Pain Treatments and Surgical Solutions. The company posted an adjusted EBITDA of $28.3 million, up 28.3% year-over-year. Non-GAAP EPS rose to $0.15 from $0.07 in the prior year. Net loss from continuing operations significantly improved to $0.3 million compared to $7.7 million in Q4 2023.

Q4 revenue increased by 13.5% year-over-year to $153.6 million.

Adjusted EBITDA grew 28.3% to $28.3 million, reflecting higher profitability.

Non-GAAP EPS rose to $0.15 per share from $0.07 in the previous year.

Net loss from continuing operations significantly narrowed to $0.3 million.

Total Revenue
$154M
Previous year: $135M
+13.5%
EPS
$0.15
Previous year: $0.07
+114.3%
Adjusted EBITDA
$28.3M
Previous year: $22M
+28.6%
Non-GAAP Gross Profit
$113M
Previous year: $96.7M
+17.2%
Gross Profit
$103M
Previous year: $86.3M
+19.0%
Cash and Equivalents
$41.6M
Previous year: $37M
+12.5%
Free Cash Flow
$19.3M
Previous year: $10M
+93.1%
Total Assets
$728M
Previous year: $811M
-10.2%

Bioventus

Bioventus

Bioventus Revenue by Segment

Bioventus Revenue by Geographic Location

Forward Guidance

Bioventus expects full-year 2025 revenue of $560M to $570M, reflecting 6.1% to 8.0% organic growth, alongside a projected adjusted EBITDA margin expansion.

Positive Outlook

  • Full-year 2025 revenue expected to reach $560M to $570M.
  • Projected organic revenue growth of 6.1% to 8.0%.
  • Adjusted EBITDA expected to grow to $112M - $116M.
  • Non-GAAP EPS forecasted to increase by 30.6% to 38.8%.
  • Ongoing operational improvements expected to enhance profitability.

Challenges Ahead

  • Guidance excludes potential acquisitions and divestitures.
  • Macroeconomic headwinds may impact overall growth.
  • Increasing competition in pain treatment and surgical solutions.
  • Potential regulatory changes could affect market positioning.
  • Foreign exchange fluctuations may influence financial results.

Revenue & Expenses

Visualization of income flow from segment revenue to net income