PDLB (PDLB) financial statements
PDLB reported revenue of $109M in fiscal 2025, up 17.8% a year over 6 years.
Net income was $29M.
Free cash flow was $55M.
The diluted share count rose 32% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from PDLB's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $41M | $55M | $93M | $73M | $75M | $84M | $109M |
| Interest expense | $12M | $11M | $8M | $16M | $61M | $86M | $86M |
| Pre-tax income | -$6M | $5M | $34M | -$37M | $6M | $16M | $38M |
| Income tax | -$924,000 | $1M | $8M | -$7M | $3M | $5M | $10M |
| Net income | -$5M | $4M | $25M | -$30M | $3M | $11M | $29M |
| EPS (diluted) | -$0.29 | $0.23 | $1.51 | -$1.32 | $0.15 | $0.46 | $1.20 |
| Diluted shares | 17M | 17M | 17M | 23M | 23M | 23M | 23M |
| Net margin | -12.6% | 7.0% | 27.2% | -41.1% | 4.4% | 13.1% | 26.3% |
Balance sheet
Fiscal years, from PDLB's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $28M | $72M | $154M | $54M | $139M | $140M | $126M |
| Property, plant and equipment | — | $32M | $20M | $17M | $16M | $17M | $16M |
| Total assets | — | $1.4B | $1.7B | $2.3B | $2.8B | $3.0B | $3.2B |
| Long-term debt | — | $25M | $25M | — | — | — | — |
| Total liabilities | — | $1.2B | $1.5B | $1.8B | $2.3B | $2.5B | $2.7B |
| Shareholders' equity | $158M | $160M | $189M | $493M | $491M | $506M | $542M |
| Net debt | -$28M | -$47M | -$129M | -$54M | -$139M | -$140M | -$126M |
Cash flow
Fiscal years, from PDLB's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $5M | -$28M | $19M | $10M | $6M | $7M | $56M |
| Capital spending | $4M | $2M | $4M | $492,000 | $411,000 | $3M | $978,000 |
| Free cash flow | $1M | -$29M | $14M | $9M | $6M | $4M | $55M |
| Stock-based compensation | $1M | $1M | $1M | $2M | $2M | $2M | $2M |
| Share buybacks (net) | -$16M | -$5M | -$2M | — | -$11M | — | — |
| Free cash flow margin | 3.0% | -53.2% | 15.4% | 12.7% | 8.1% | 5.4% | 50.0% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for PDLB.
Open PDLB in InvestinglyQuestions
What was PDLB's revenue in 2025?
$109M in fiscal 2025, from its 10-K filing.
How much free cash flow does PDLB generate?
$55M in fiscal 2025 (operating cash flow minus capital spending).
From PDLB's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.