Financial Snapshot

Revenue
$199.2M
TTM
Gross Margin
45.25%
TTM
Net Earnings
-$631.5M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
152.4%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$143.5M
Q2 2024
Cash
Q2 2024
P/E
-0.2434
Sep 06, 2024 EST
Free Cash Flow
-$145.6M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $219.6M $299.5M $271.9M $243.9M $305.5M $440.9M $440.9M
YoY Change -26.66% 10.15% 11.47% -20.15% -30.72% 0.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $219.6M $299.5M $271.9M $243.9M $305.5M $440.9M $440.9M
Cost Of Revenue $120.3M $165.0M $138.9M $126.9M $168.0M $248.0M $248.0M
Gross Profit $99.38M $134.5M $132.9M $117.0M $137.4M $192.9M $192.9M
Gross Profit Margin 45.25% 44.91% 48.9% 47.97% 44.99% 43.75% 43.75%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018
Selling, General & Admin $215.4M $235.9M $197.7M $142.3M $169.9M $241.1M $241.1M
YoY Change -8.71% 19.32% 38.9% -16.22% -29.54% 0.0%
% of Gross Profit 216.72% 175.4% 148.72% 121.66% 123.63% 125.01% 125.01%
Research & Development $205.4M $222.6M $189.4M $159.9M $181.3M $140.5M $140.5M
YoY Change -7.74% 17.54% 18.47% -11.82% 28.99% 0.0%
% of Gross Profit 206.65% 165.5% 142.45% 136.62% 131.9% 72.86% 72.86%
Depreciation & Amortization $11.00M $14.80M $16.10M $18.10M $22.20M $9.901M $9.901M
YoY Change -25.68% -8.07% -11.05% -18.47% 124.22% 0.0%
% of Gross Profit 11.07% 11.0% 12.11% 15.47% 16.15% 5.13% 5.13%
Operating Expenses $780.8M $458.5M $387.1M $302.2M $395.9M $381.7M $381.7M
YoY Change 70.3% 18.45% 28.09% -23.66% 3.72% 0.0%
Operating Profit -$681.5M -$324.0M -$254.2M -$185.2M -$258.4M -$188.8M -$188.8M
YoY Change 110.32% 27.49% 37.23% -28.34% 36.9% 0.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018
Interest Expense $14.33M $9.676M $277.0K $1.577M $7.584M $5.250M $5.250M
YoY Change 48.11% 3393.14% -82.44% -79.21% 44.46% 0.0%
% of Operating Profit
Other Income/Expense, Net $506.0K -$93.00K -$83.00K $1.322M $1.340M
YoY Change -644.09% 12.05% -106.28% -1.34%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018
Pretax Income -$666.6M -$314.4M -$221.0M -$183.6M -$250.9M -$183.5M -$183.5M
YoY Change 112.01% 42.29% 20.34% -26.81% 36.69% 0.0%
Income Tax $73.00K -$2.772M -$3.480M $0.00 $0.00
% Of Pretax Income
Net Earnings -$666.7M -$311.7M -$217.5M -$183.6M -$250.9M -$183.5M -$183.5M
YoY Change 113.92% 43.3% 18.45% -26.81% 36.69% 0.0%
Net Earnings / Revenue -303.55% -104.06% -79.99% -75.28% -82.13% -41.63% -41.63%
Basic Earnings Per Share
Diluted Earnings Per Share -$1.40 -$0.69 -$601.6K -$4.226M -$6.524M -$5.323M -$5.323M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $386.8M $553.2M $282.5M $207.9M $207.9M
YoY Change -30.07% 95.82% 35.85% 0.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $26.00M $34.44M $22.37M $24.06M $24.06M
YoY Change -24.5% 53.97% -7.06% 0.0%
Inventory $10.25M $10.79M $6.239M $14.12M $14.12M
Prepaid Expenses
Receivables $1.897M $3.380M $2.481M $6.392M $6.392M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $425.0M $601.8M $313.6M $252.5M $252.5M
YoY Change -29.38% 91.91% 24.18% 0.0%
Property, Plant & Equipment $94.69M $105.4M $124.0M $138.5M $138.5M
YoY Change -10.19% -14.98% -10.46% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $508.7M
YoY Change
Other Assets $9.995M $9.567M $7.628M $8.202M $8.202M
YoY Change 4.47% 25.42% -7.0% 0.0%
Total Long-Term Assets $517.6M $550.3M $138.5M $152.1M $152.1M
YoY Change -5.94% 297.25% -8.93% 0.0%
Total Assets $942.6M $1.152B $452.1M $404.6M $404.6M
YoY Change
Accounts Payable $12.92M $37.93M $12.27M $13.09M $13.09M
YoY Change -65.93% 209.1% -6.22% 0.0%
Accrued Expenses $72.62M $50.34M $37.76M $41.62M $41.62M
YoY Change 44.26% 33.31% -9.27% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $149.4M $153.2M $121.6M $139.4M $139.4M
YoY Change -2.5% 26.0% -12.79% 0.0%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $79.24M $83.17M $88.75M $131.0M $131.0M
YoY Change -4.72% -6.28% -32.24% 0.0%
Total Long-Term Liabilities $79.24M $83.17M $88.75M $131.0M $131.0M
YoY Change -4.72% -6.28% -32.24% 0.0%
Total Liabilities $228.7M $236.4M $210.4M $270.4M $270.4M
YoY Change -3.28% 12.38% -22.21% 0.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 476.0M shares 451.5M 361.5M 99.66M
Diluted Shares Outstanding 476.0M shares 451.5M 361.5M 99.66M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $153.73 Million

About 23andMe Holding Co.

23andMe Holding Co. is a consumer genetics and research company, which engages in assisting people to access, understand, and benefit from the human genome. The company is headquartered in South San Francisco, California and currently employs 560 full-time employees. The company went IPO on 2020-10-06. The firm operates through two segments: Consumer & Research Services and Therapeutics. The Consumer & Research Services business segment comprises its Personal Genome Service (PGS), telehealth business, and research service. PGS services provide customers with a broad suite of genetic reports, including information on customers’ genetic ancestral origins, personal genetic health risks, and chances of passing on certain rare carrier conditions to their children, as well as reports on how genetics can impact responses to medications. The Therapeutics business segment focuses on the use of genetic insights from databases of genetic and phenotypic information to develop novel therapies to improve patients’ lives. The Therapeutics segment consists of out-licensing of intellectual property associated with identified drug targets and expenses related to therapeutic product candidates.

Industry: Pharmaceutical Preparations Peers: Addus Homecare Corp CVS Health Corp OPKO Health Inc P3 Health Partners Inc Fulgent Genetics Inc Pediatrix Medical Group Inc ModivCare Inc