Stocktoria
BillionToOne, Inc. BLLN
Nasdaq · XNAS · stock · Services-Medical Laboratories · website · IPO 2025-11-06
Chart by TradingView
7/9
Piotroski F — financial health
7.37
Altman Z″ — distress risk · safe
—
Dividend payout · no dividend
Valuation · market cap as of 2026-06-29
Market cap$5.4B
P / E729.2×
P / S17.8×
P / B11.3×
P / FCF345.9×
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 |
|---|---|---|
| Financials | ||
| Revenue | $305.1M | $152.6M |
| Gross profit | $208.5M | $80.9M |
| Operating income | $16.0M | -$47.1M |
| Net income | $7.5M | -$41.6M |
| Operating cash flow | $24.6M | -$41.4M |
| Free cash flow | $15.7M | -$46.8M |
| Total assets | $632.7M | $302.1M |
| Total liabilities | $152.5M | $134.3M |
| Shareholders' equity | $480.1M | -$251.7M |
| Ratios | ||
| Gross margin | 68.3% | 53.0% |
| Operating margin | 5.3% | -30.9% |
| Net margin | 2.4% | -27.2% |
| FCF margin | 5.2% | -30.7% |
| Return on assets | 1.2% | -13.8% |
| Return on equity | 1.6% | 16.5% |
| Debt / equity | 0.12× | -0.20× |
| Current ratio | 11.69 | 8.03 |
| Revenue growth | 100.0% | — |
Notable holders (13F)
| Investor | Shares | Value |
|---|---|---|
| RENAISSANCE TECHNOLOGIES LLC | 51,254 | $4.0M |
| SOROS FUND MANAGEMENT LLC | 14,500 | $1.1M |
Why these scores methodology →
Piotroski F-score: 7/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: 7.37 (safe)
- Working capital / assets 0.81
- Retained earnings / assets -0.434
- EBIT / assets 0.025
- Equity / liabilities 3.147
Sector peers
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Source: SEC EDGAR filings · CIK 0002070849 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.