Financial Snapshot

Revenue
$45.60M
TTM
Gross Margin
84.93%
TTM
Net Earnings
-$35.74M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
981.27%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$213.3M
Q3 2024
Cash
Q3 2024
P/E
-10.83
Nov 29, 2024 EST
Free Cash Flow
-$21.22M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $41.29M $44.26M $33.89M $26.17M $21.62M $16.67M $13.99M $12.27M $9.290M $7.160M $6.810M $5.060M
YoY Change -6.72% 30.59% 29.52% 21.04% 29.72% 19.18% 13.98% 32.07% 29.75% 5.14% 34.58%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $41.29M $44.26M $33.89M $26.17M $21.62M $16.67M $13.99M $12.27M $9.290M $7.160M $6.810M $5.060M
Cost Of Revenue $4.742M $5.098M $3.647M $2.767M $2.499M $1.840M $1.453M $1.308M $1.030M $960.0K $810.0K $830.0K
Gross Profit $36.55M $39.16M $30.25M $23.40M $19.12M $14.83M $12.53M $10.96M $8.260M $6.210M $6.000M $4.230M
Gross Profit Margin 88.51% 88.48% 89.24% 89.43% 88.44% 88.96% 89.61% 89.34% 88.91% 86.73% 88.11% 83.6%

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 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Selling, General & Admin $57.04M $44.48M $31.68M $15.70M $13.41M $12.01M $10.54M $8.989M $6.010M $4.990M $4.590M $3.980M
YoY Change 28.24% 40.41% 101.79% 17.09% 11.66% 13.94% 17.24% 49.57% 20.44% 8.71% 15.33%
% of Gross Profit 156.09% 113.58% 104.74% 67.08% 70.12% 80.99% 84.1% 82.0% 72.76% 80.35% 76.5% 94.09%
Research & Development $23.82M $19.51M $15.41M $17.73M $17.59M $11.24M $11.28M $4.696M $3.010M $2.490M $2.220M $2.210M
YoY Change 22.05% 26.66% -13.12% 0.81% 56.46% -0.36% 140.29% 56.03% 20.88% 12.16% 0.45%
% of Gross Profit 65.17% 49.83% 50.94% 75.78% 92.0% 75.83% 90.05% 42.84% 36.44% 40.1% 37.0% 52.25%
Depreciation & Amortization $4.171M $2.698M $1.424M $1.048M $613.5K $344.0K $142.9K $105.7K $90.00K $90.00K $120.0K $120.0K
YoY Change 54.6% 89.47% 35.91% 70.77% 78.34% 140.73% 35.19% 17.44% 0.0% -25.0% 0.0%
% of Gross Profit 11.41% 6.89% 4.71% 4.48% 3.21% 2.32% 1.14% 0.96% 1.09% 1.45% 2.0% 2.84%
Operating Expenses $84.85M $66.52M $48.44M $34.46M $31.54M $23.25M $21.82M $13.69M $9.020M $7.480M $6.800M $6.190M
YoY Change 27.54% 37.35% 40.56% 9.25% 35.65% 6.54% 59.47% 51.72% 20.59% 10.0% 9.85%
Operating Profit -$48.30M -$27.36M -$18.19M -$11.06M -$12.42M -$8.425M -$9.292M -$2.723M -$760.0K -$1.270M -$800.0K -$1.960M
YoY Change 76.53% 50.43% 64.5% -10.98% 47.42% -9.33% 241.18% 258.34% -40.16% 58.75% -59.18%

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 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Interest Expense $10.38M $3.790M $5.400K $21.70K $51.90K -$444.3K -$625.3K -$637.8K -$700.0K -$560.0K -$150.0K -$30.00K
YoY Change 173.79% 70079.63% -75.12% -58.19% -111.68% -28.95% -1.96% -8.89% 25.0% 273.33% 400.0%
% of Operating Profit
Other Income/Expense, Net $10.38M $3.790M -$893.6K -$759.7K -$475.0K $0.00 $15.70K $20.00K
YoY Change 173.79% -524.09% 17.63% 59.94% -100.0% -21.5%

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 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Pretax Income -$37.92M -$23.57M -$19.08M -$11.82M -$12.90M -$8.869M -$9.917M -$3.346M -$1.450M -$1.840M -$960.0K -$1.990M
YoY Change 60.89% 23.52% 61.49% -8.36% 45.39% -10.57% 196.43% 130.72% -21.2% 91.67% -51.76%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$37.92M -$23.57M -$19.08M -$11.82M -$12.90M -$8.869M -$9.917M -$3.346M -$3.520M -$6.300M -$2.860M -$3.890M
YoY Change 60.89% 23.52% 61.49% -8.36% 45.39% -10.57% 196.43% -4.96% -44.13% 120.28% -26.48%
Net Earnings / Revenue -91.85% -53.25% -56.3% -45.15% -59.64% -53.21% -70.91% -27.27% -37.89% -87.99% -42.0% -76.88%
Basic Earnings Per Share -$0.37 -$0.23 -$0.21 -$0.17 -$0.23
Diluted Earnings Per Share -$0.37 -$0.23 -$0.21 -$0.17 -$0.23 -$173.3K -$203.9K -$99.82K -$0.08 -$0.15 -$0.07 -$0.09

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 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Cash & Short-Term Investments $168.3M $227.3M $255.0M $34.76M $16.71M $14.44M $25.34M $11.73M $2.400M $3.400M $800.0K $1.400M
YoY Change -25.98% -10.86% 633.67% 108.05% 15.72% -43.02% 116.1% 388.63% -29.41% 325.0% -42.86%
Cash & Equivalents $46.51M $11.06M $47.78M $18.76M $15.21M $11.25M $25.34M $11.73M $2.400M $3.400M $800.0K $1.400M
Short-Term Investments $121.8M $216.3M $207.3M $16.01M $1.498M $3.191M $0.00
Other Short-Term Assets $3.899M $2.779M $3.307M $1.003M $797.1K $863.7K $665.8K $318.4K $1.200M $300.0K $100.0K $100.0K
YoY Change 40.31% -15.98% 229.75% 25.83% -7.71% 29.72% 109.11% -73.47% 300.0% 200.0% 0.0%
Inventory $12.23M $8.581M $5.205M $4.316M $3.702M $2.243M $1.347M $1.335M $1.100M $900.0K $700.0K $500.0K
Prepaid Expenses
Receivables $5.778M $13.57M $6.877M $5.172M $3.245M $4.905M $3.196M $2.411M $1.500M $1.400M $800.0K $600.0K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $190.2M $252.3M $270.4M $45.25M $24.45M $22.45M $30.55M $15.79M $6.200M $6.000M $2.300M $2.600M
YoY Change -24.61% -6.72% 497.6% 85.07% 8.92% -26.51% 93.47% 154.69% 3.33% 160.87% -11.54%
Property, Plant & Equipment $34.75M $33.58M $13.37M $6.493M $5.533M $1.818M $847.6K $281.5K $200.0K $200.0K $200.0K $200.0K
YoY Change 3.5% 151.14% 105.93% 17.34% 204.38% 114.48% 201.1% 40.75% 0.0% 0.0% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $42.94M
YoY Change
Other Assets $388.0K $809.0K $316.7K $33.90K $0.00 $0.00 $0.00
YoY Change -52.04% 155.45% 834.22%
Total Long-Term Assets $78.08M $34.39M $13.69M $6.527M $5.533M $1.818M $847.6K $281.5K $200.0K $300.0K $200.0K $200.0K
YoY Change 127.06% 151.24% 109.71% 17.95% 204.38% 114.48% 201.1% 40.75% -33.33% 50.0% 0.0%
Total Assets $268.3M $286.7M $284.1M $51.78M $29.99M $24.27M $31.40M $16.07M $6.400M $6.300M $2.500M $2.800M
YoY Change
Accounts Payable $743.0K $531.8K $1.820M $890.2K $2.089M $4.123M $4.331M $3.175M $2.300M $1.400M $1.400M $1.000M
YoY Change 39.71% -70.79% 104.48% -57.39% -49.33% -4.8% 36.43% 38.02% 64.29% 0.0% 40.0%
Accrued Expenses $12.04M $8.182M $7.051M $5.881M $4.061M
YoY Change 47.19% 16.05% 19.89% 44.84%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $3.200K $14.40K $800.0K $1.600M $1.800M $1.800M
YoY Change -100.0% -77.78% -98.2% -50.0% -11.11% 0.0%
Total Short-Term Liabilities $17.86M $15.43M $15.62M $11.61M $9.343M $6.573M $6.389M $5.652M $5.100M $4.300M $4.000M $3.400M
YoY Change 15.74% -1.22% 34.47% 24.31% 42.15% 2.87% 13.04% 10.82% 18.6% 7.5% 17.65%
Long-Term Debt $0.00 $0.00 $0.00 $4.917M $4.895M $5.056M $5.027M $4.992M $4.300M $3.600M $100.0K $100.0K
YoY Change -100.0% 0.44% -3.18% 0.58% 0.7% 16.1% 19.44% 3500.0% 0.0%
Other Long-Term Liabilities $18.25M $17.26M $5.605M $2.023M $2.145M $357.3K $384.5K $344.6K $100.0K $100.0K $0.00 $0.00
YoY Change 5.75% 207.93% 177.01% -5.68% 500.39% -7.07% 11.58% 244.6% 0.0%
Total Long-Term Liabilities $18.25M $17.26M $5.605M $6.940M $7.041M $5.414M $5.412M $5.337M $4.400M $3.700M $100.0K $100.0K
YoY Change 5.75% 207.93% -19.24% -1.42% 30.05% 0.04% 1.4% 21.29% 18.92% 3600.0% 0.0%
Total Liabilities $36.11M $32.69M $21.22M $18.55M $16.38M $11.99M $11.80M $10.99M $9.500M $7.900M $4.000M $3.400M
YoY Change 10.47% 54.01% 14.38% 13.25% 36.69% 1.57% 7.39% 15.67% 20.25% 97.5% 17.65%

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 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Basic Shares Outstanding 103.3M 101.7M 90.62M 69.46M 56.40M
Diluted Shares Outstanding 103.3M 101.7M 90.62M 69.46M 56.40M
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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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $387.12 Million

About MAXCYTE, INC.

MaxCyte, Inc. engages in the development and licensing of cell-engineering technologies to pharmaceutical and biotechnology companies. The company is headquartered in Rockville, Maryland and currently employs 143 full-time employees. The company went IPO on 2016-03-29. The firm is focused on providing enabling platform technologies to advance the discovery, development and commercialization of cell therapeutics, including cell and gene therapies, and to support cell-based research and development. The company has developed and commercialized its proprietary Flow Electroporation technology, which is used by biopharmaceutical companies in the complex engineering of a variety of cells. Its ExPERT platform is based on its Flow Electroporation technology, which has been designed to address this rapidly expanding cell therapy market and can be utilized across the continuum of the cell therapy sector, from discovery and development through commercialization of cell-based medicines. The ExPERT family of products includes four instruments, which are known as the ATx, STx, GTx and VLx, as well as a portfolio of proprietary related disposables and consumables.

Industry: Services-Commercial Physical & Biological Research Peers: Adaptive Biotechnologies Corp NEOGENOMICS INC Inotiv, Inc. Bionano Genomics, Inc. SomaLogic, Inc. Cytek Biosciences, Inc. PACIFIC BIOSCIENCES OF CALIFORNIA, INC. NS Wind Down Co., Inc. Seer, Inc. THERMO FISHER SCIENTIFIC INC.