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Talis Biomedical Corp. (TLIS)
:TLIS
US Market

Talis Biomedical (TLIS) AI Stock Analysis

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Talis Biomedical

(OTC:TLIS)

29Underperform
Talis Biomedical's stock is significantly impacted by its poor financial performance, marked by declining revenues and persistent losses. The technical indicators reflect a bearish trend, while the negative P/E ratio highlights valuation concerns. These factors collectively suggest a high-risk investment with limited short-term recovery potential.

Talis Biomedical (TLIS) vs. S&P 500 (SPY)

Talis Biomedical Business Overview & Revenue Model

Company DescriptionTalis Biomedical (TLIS) is a healthcare technology company focused on developing and commercializing innovative diagnostic tests to improve patient care and streamline medical workflows. The company specializes in point-of-care testing solutions, which allow for rapid and accurate diagnostics across various healthcare settings. Talis aims to empower healthcare providers with tools that aid in better decision-making and enhance patient outcomes.
How the Company Makes MoneyTalis Biomedical generates revenue primarily through the sale of its diagnostic testing products. The company's core revenue stream comes from its point-of-care testing solutions that are sold to clinics, hospitals, and other healthcare facilities. These products are designed to offer quick and reliable test results, thus addressing the need for timely diagnostics in patient care. Additionally, Talis may engage in partnerships and collaborations with other healthcare organizations and research institutions, which can also contribute to its earnings through joint development agreements, licensing deals, or co-marketing strategies. The focus on delivering innovative and efficient diagnostic tools helps Talis Biomedical maintain its competitive edge and attract a steady customer base.

Talis Biomedical Financial Statement Overview

Summary
Talis Biomedical is facing significant financial challenges, with consistent net losses and negative cash flow. Despite improvements in gross profit margin and a sound equity base, the company struggles with declining revenues and high operational costs. These factors pose substantial risks to its financial health.
Income Statement
20
Very Negative
Talis Biomedical has experienced a declining revenue trend, with a significant drop from $10.94 million in 2020 to $412,000 in 2023. The gross profit margin improved to 90% in 2023, indicating cost efficiencies, but the company remains unprofitable with a net loss margin of -15055%. EBIT and EBITDA margins are highly negative, pointing to ongoing operational challenges.
Balance Sheet
25
Negative
The balance sheet reflects a high equity ratio of 73% in 2023, showing a solid equity base relative to assets. However, the debt-to-equity ratio increased slightly to 0.28, indicating a manageable but present level of leverage. The company has ample cash reserves, but the consistent losses could deplete resources over time.
Cash Flow
15
Very Negative
Operating cash flow has been negative, reflecting cash outflows exceeding inflows, with a free cash flow of -$53.73 million in 2023. The free cash flow to net income ratio is unfavorable, indicating inefficiencies in converting net income into cash. The company has yet to generate positive cash flow from operations or investments.
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
300.00K412.00K3.65M0.0010.94M3.98M
Gross Profit
-680.00K371.00K-4.74M-2.62M10.94M3.98M
EBIT
-50.20M-66.81M-115.14M-191.82M-91.18M-26.70M
EBITDA
-54.01M-66.05M-106.31M-191.82M-90.42M-25.97M
Net Income Common Stockholders
-51.03M-62.01M-110.89M-190.46M-91.08M-27.43M
Balance SheetCash, Cash Equivalents and Short-Term Investments
76.73M76.73M130.19M232.54M138.48M21.60M
Total Assets
98.34M94.67M169.29M265.83M198.41M25.73M
Total Debt
19.67M19.67M33.58M13.98M693.00K0.00
Net Debt
-57.06M-57.06M-96.61M-218.57M-137.79M-21.60M
Total Liabilities
29.22M25.56M42.55M31.85M306.98M46.87M
Stockholders Equity
69.12M69.12M126.74M233.98M-108.57M-21.14M
Cash FlowFree Cash Flow
-40.23M-53.73M-101.75M-174.25M-95.22M-24.90M
Operating Cash Flow
-40.26M-53.24M-100.14M-171.38M-87.02M-24.33M
Investing Cash Flow
137.00K-486.00K-1.61M-2.87M-8.20M-578.00K
Financing Cash Flow
2.00K33.00K406.00K234.43M246.75M39.61M

Talis Biomedical Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.60
Price Trends
50DMA
1.67
Negative
100DMA
1.70
Negative
200DMA
2.81
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
45.00
Neutral
STOCH
88.26
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TLIS, the sentiment is Negative. The current price of 1.6 is below the 20-day moving average (MA) of 1.66, below the 50-day MA of 1.67, and below the 200-day MA of 2.81, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.00 is Neutral, neither overbought nor oversold. The STOCH value of 88.26 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TLIS.

Talis Biomedical Risk Analysis

Talis Biomedical disclosed 79 risk factors in its most recent earnings report. Talis Biomedical reported the most risks in the “Legal & Regulatory” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Talis Biomedical Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
DGDGX
79
Outperform
$19.40B22.2313.35%1.70%9.38%6.43%
68
Neutral
$20.79B-19.42%56.75%59.77%
51
Neutral
$5.32B3.32-40.25%2.90%17.93%2.14%
50
Neutral
$234.79M25.27-4.64%-54.17%-135.78%
45
Neutral
$1.89B-50.74%-7.03%-20233.78%
44
Neutral
$79.18M-80.11%-7.43%69.03%
29
Underperform
$50.70M-89.71%-70.65%41.59%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TLIS
Talis Biomedical
1.60
-7.54
-82.49%
VERU
Veru
0.54
-0.73
-57.48%
OSUR
Orasure Technologies
2.99
-2.33
-43.80%
DGX
Quest Diagnostics
173.76
42.17
32.05%
QDEL
QuidelOrtho
28.09
-11.55
-29.14%
NTRA
Natera
153.79
62.13
67.78%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.