Financial Snapshot

Revenue
$4.207M
TTM
Gross Margin
Net Earnings
-$97.67M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
562.59%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$201.3M
Q3 2024
Cash
Q3 2024
P/E
-3.634
Nov 29, 2024 EST
Free Cash Flow
-$70.76M
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2023 2022 2021 2020 2019
Revenue $5.718M $5.747M $4.782M $4.780M $2.060M
YoY Change -0.5% 20.18% 0.04% 132.04%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $5.718M $5.747M $4.782M $4.780M $2.060M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $37.83M $40.55M $28.78M $5.502M $3.523M
YoY Change -6.71% 40.9% 423.08% 56.17%
% of Gross Profit
Research & Development $48.07M $58.91M $44.59M $11.45M $4.311M
YoY Change -18.4% 32.12% 289.47% 165.55%
% of Gross Profit
Depreciation & Amortization $14.00M $13.04M $6.654M $1.131M $491.0K
YoY Change 7.38% 95.93% 488.33% 130.35%
% of Gross Profit
Operating Expenses $99.90M $112.5M $80.02M $18.08M $8.325M
YoY Change -11.2% 40.59% 342.56% 117.19%
Operating Profit -$115.5M -$106.8M -$75.24M -$13.30M
YoY Change 8.21% 41.88% 465.66%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense -$1.010M $972.0K $3.432M $634.0K -$268.0K
YoY Change -203.91% -71.68% 441.32% -336.57%
% of Operating Profit
Other Income/Expense, Net $6.059M $1.385M -$34.62M -$1.052M -$51.00K
YoY Change 337.47% -104.0% 3190.97% 1962.75%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$110.5M -$105.4M -$109.9M -$14.35M -$6.584M
YoY Change 4.84% -4.09% 665.41% 118.0%
Income Tax $100.0K -$461.0K -$8.899M $0.00
% Of Pretax Income
Net Earnings -$110.6M -$104.9M -$101.0M -$14.35M -$6.584M
YoY Change 5.4% 3.91% 603.41% 118.0%
Net Earnings / Revenue -1933.65% -1825.37% -2111.25% -300.27% -319.61%
Basic Earnings Per Share -$1.20 -$1.15 -$2.08 -$3.19
Diluted Earnings Per Share -$1.20 -$1.15 -$2.08 -$3.19 -$72.85K

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $97.66M $164.4M $252.6M $69.87M $13.09M
YoY Change -40.61% -34.9% 261.5% 433.91%
Cash & Equivalents $72.36M $59.96M $252.6M $69.87M $13.09M
Short-Term Investments $25.30M $104.5M
Other Short-Term Assets $20.73M $20.88M $19.09M $1.773M $339.0K
YoY Change -0.73% 9.42% 976.42% 423.01%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $120.6M $186.9M $273.1M $73.23M $13.65M
YoY Change -35.47% -31.57% 272.89% 436.63%
Property, Plant & Equipment $45.82M $58.04M $58.65M $13.39M $5.010M
YoY Change -21.06% -1.04% 338.19% 167.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.649M $3.146M $18.14M $1.950M $814.0K
YoY Change -15.8% -82.65% 830.1% 139.56%
Total Long-Term Assets $96.72M $134.1M $153.1M $15.34M $5.824M
YoY Change -27.9% -12.39% 898.47% 163.31%
Total Assets $217.3M $321.0M $426.2M $88.57M $19.47M
YoY Change
Accounts Payable $1.503M $2.412M $8.385M $2.748M $268.0K
YoY Change -37.69% -71.23% 205.13% 925.37%
Accrued Expenses $20.98M $22.17M $18.94M $2.339M $827.0K
YoY Change -5.36% 17.08% 709.58% 182.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.899M $5.242M $5.185M $2.378M $1.591M
YoY Change -25.62% 1.1% 118.04% 49.47%
Total Short-Term Liabilities $29.56M $30.27M $33.86M $10.10M $3.466M
YoY Change -2.35% -10.6% 235.4% 191.26%
Long-Term Debt $4.736M $8.734M $4.355M $6.907M $2.699M
YoY Change -45.78% 100.55% -36.95% 155.91%
Other Long-Term Liabilities $6.642M $7.352M $21.13M $4.562M $1.702M
YoY Change -9.66% -65.21% 363.2% 168.04%
Total Long-Term Liabilities $11.38M $16.09M $25.49M $11.47M $4.401M
YoY Change -29.27% -36.88% 122.22% 160.6%
Total Liabilities $41.12M $46.59M $60.09M $21.56M $7.867M
YoY Change -11.74% -22.46% 178.65% 174.11%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 92.03M shares 90.85M shares 49.69M shares 15.49M shares
Diluted Shares Outstanding 92.03M shares 90.85M shares 49.69M shares 15.49M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $354.9 Million

About Absci Corp

Absci Corp. is the drug and target discovery company harnessing deep learning AI and synthetic biology to expand the therapeutic potential of proteins. The company is headquartered in Vancouver Washington, Washington and currently employs 155 full-time employees. The company went IPO on 2021-07-22. The firm combines AI with scalable wet lab technologies to create biologics for patients. The company has built an Integrated Drug Creation platform to identify novel drug targets, discover biotherapeutic candidates, and generate the cell lines to manufacture them in a single process. The firm uses its platform to predict, identify, design, construct, screen, select and scale production of biologic drug candidates for its partners, and learn from the data it generates. Its SoluPro technology is a multiplex synthetic biology approach that overcomes the limitations of highest-throughput automation labs. The firm supports its generative AI designs with its wet lab's high-throughput functional validation capabilities. The company reconstructs prevalent immune-response molecules, such as antibodies from disease tissue and identify their corresponding antigens, offering new therapeutic targets.

Industry: Services-Commercial Physical & Biological Research Peers: Akoya Biosciences, Inc. Nautilus Biotechnology, Inc. Bruker Cellular Analysis, Inc. Inotiv, Inc. CODEXIS, INC. Quantum-Si Inc Science 37 Holdings, Inc. Quanterix Corp Singular Genomics Systems, Inc. THERMO FISHER SCIENTIFIC INC.