Financial Snapshot

Revenue
$55.75M
TTM
Gross Margin
58.69%
TTM
Net Earnings
-$16.93M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
405.12%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$12.87M
Q3 2024
Cash
Q3 2024
P/E
-4.678
Nov 29, 2024 EST
Free Cash Flow
-$5.768M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2014 2013 2012
Revenue $52.55M $45.56M $48.30M $41.98M $40.39M $32.44M $26.81M $11.66M $3.060M $930.0K
YoY Change 15.33% -5.66% 15.07% 3.93% 24.5% 21.0% 281.05% 229.03%

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 2014 2013 2012
Revenue $52.55M $45.56M $48.30M $41.98M $40.39M $32.44M $26.81M $11.66M $3.060M $930.0K
Cost Of Revenue $23.09M $24.21M $20.59M $16.56M $18.81M $15.38M $14.14M $6.890M $2.830M $1.970M
Gross Profit $29.46M $21.35M $27.71M $25.42M $21.58M $17.06M $12.67M $4.780M $230.0K -$1.050M
Gross Profit Margin 56.06% 46.86% 57.37% 60.55% 53.43% 52.59% 47.26% 40.99% 7.52% -112.9%

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 2014 2013 2012
Selling, General & Admin $47.43M $52.02M $44.54M $37.03M $28.70M $19.68M $18.82M $15.07M $6.990M $5.150M
YoY Change -8.82% 16.79% 20.27% 29.03% 45.88% 4.54% 115.59% 35.73%
% of Gross Profit 161.01% 243.66% 160.73% 145.71% 133.01% 115.32% 148.54% 315.27% 3039.13%
Research & Development $4.865M $9.876M $7.237M $3.568M $2.176M $2.125M $1.550M $1.290M $900.0K $1.060M
YoY Change -50.74% 36.47% 102.83% 63.97% 2.4% 37.1% 43.33% -15.09%
% of Gross Profit 16.52% 46.26% 26.12% 14.04% 10.08% 12.46% 12.23% 26.99% 391.3%
Depreciation & Amortization $2.200M $1.600M $900.0K $500.0K $600.0K $600.0K $670.0K $560.0K $460.0K $400.0K
YoY Change 37.5% 77.78% 80.0% -16.67% 0.0% -10.45% 21.74% 15.0%
% of Gross Profit 7.47% 7.49% 3.25% 1.97% 2.78% 3.52% 5.29% 11.72% 200.0%
Operating Expenses $52.29M $61.89M $51.78M $40.60M $30.88M $21.80M $20.55M $16.57M $8.100M $6.420M
YoY Change -15.51% 19.54% 27.53% 31.49% 41.64% 6.08% 104.57% 26.17%
Operating Profit -$22.84M -$46.05M -$24.07M -$15.19M -$9.299M -$4.880M -$7.880M -$11.79M -$7.870M -$7.470M
YoY Change -50.41% 91.34% 58.49% 63.3% 90.55% -38.07% 49.81% 5.35%

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 2014 2013 2012
Interest Expense $2.335M $2.448M $2.625M $2.565M $3.491M $2.868M -$12.29M -$2.700M -$2.210M $180.0K
YoY Change -4.62% -6.74% 2.34% -26.53% 21.72% -123.34% 22.17% -1327.78%
% of Operating Profit
Other Income/Expense, Net $1.516M $830.0K $16.00K $984.0K $510.0K $112.0K $50.00K -$500.0K -$80.00K $10.00K
YoY Change 82.65% 5087.5% -98.37% 92.94% 355.36% 124.0% 525.0% -900.0%

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 2014 2013 2012
Pretax Income -$23.66M -$47.67M -$26.68M -$16.77M -$12.01M -$7.950M -$26.18M -$14.99M -$13.45M -$7.280M
YoY Change -50.37% 78.7% 59.07% 39.63% 51.07% -69.63% 11.45% 84.75%
Income Tax $33.00K -$282.0K $175.0K -$79.00K $25.00K $58.00K -$550.0K -$10.00K $40.00K $40.00K
% Of Pretax Income
Net Earnings -$23.69M -$47.39M -$26.85M -$16.69M -$12.04M -$8.012M -$25.63M -$14.98M -$13.50M -$7.320M
YoY Change -50.01% 76.48% 60.91% 38.62% 50.25% -68.74% 10.96% 84.43%
Net Earnings / Revenue -45.08% -104.0% -55.59% -39.75% -29.81% -24.7% -95.6% -128.47% -441.18% -787.1%
Basic Earnings Per Share -$1.34 -$2.77 -$1.68 -$1.32
Diluted Earnings Per Share -$1.34 -$2.77 -$1.68 -$1.32 -$3.363M -$691.7K -$2.213M -$1.300M -$1.172M -$635.4K

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 2014 2013 2012
Cash & Short-Term Investments $36.49M $62.39M $99.44M $57.45M $72.08M $13.16M $11.24M $4.610M $7.740M $2.750M
YoY Change -41.51% -37.26% 73.09% -20.3% 447.72% 17.08% -40.44% 181.45%
Cash & Equivalents $36.49M $62.39M $99.44M $57.45M $72.08M $13.16M $11.24M $4.610M $7.740M $2.750M
Short-Term Investments
Other Short-Term Assets $4.797M $4.143M $3.638M $4.160M $3.450M $2.200M $1.420M $470.0K $230.0K $830.0K
YoY Change 15.79% 13.88% -12.55% 20.58% 56.82% 54.93% 104.35% -72.29%
Inventory
Prepaid Expenses
Receivables $6.551M $6.077M $9.654M $8.910M $5.720M $5.950M $600.0K $0.00 $50.00K $0.00
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $47.84M $72.61M $112.7M $70.52M $81.25M $21.31M $13.26M $5.080M $8.030M $3.570M
YoY Change -34.11% -35.59% 59.86% -13.21% 281.28% 60.71% -36.74% 124.93%
Property, Plant & Equipment $8.487M $13.08M $4.772M $2.100M $1.380M $1.570M $1.340M $1.540M $1.230M $890.0K
YoY Change -35.12% 174.14% 127.24% 52.17% -12.1% 17.16% 25.2% 38.2%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $616.0K $528.0K $433.0K $250.0K $170.0K $500.0K $140.0K $4.220M $670.0K $60.00K
YoY Change 16.67% 21.94% 73.2% 47.06% -66.0% 257.14% 529.85% 1016.67%
Total Long-Term Assets $9.103M $13.61M $10.71M $7.860M $7.060M $7.580M $7.130M $12.07M $8.420M $7.700M
YoY Change -33.12% 27.07% 36.27% 11.33% -6.86% 6.31% 43.35% 9.35%
Total Assets $56.94M $86.22M $123.4M $78.38M $88.31M $28.89M $20.39M $17.15M $16.45M $11.27M
YoY Change
Accounts Payable $3.131M $3.046M $2.492M $3.010M $1.480M $1.280M $1.770M $1.840M $440.0K $340.0K
YoY Change 2.79% 22.23% -17.21% 103.38% 15.63% -27.68% 318.18% 29.41%
Accrued Expenses $7.715M $5.242M $6.239M $5.450M $4.420M $3.920M $3.220M $3.260M $1.220M $430.0K
YoY Change 47.18% -15.98% 14.48% 23.3% 12.76% 21.74% 167.21% 183.72%
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
YoY Change
Long-Term Debt Due $754.0K $890.0K $587.0K $310.0K $18.52M $8.920M $1.220M
YoY Change -15.28% 51.62% 89.35% 107.62% 631.15%
Total Short-Term Liabilities $11.90M $9.623M $9.318M $8.770M $5.900M $8.950M $4.990M $26.26M $10.58M $2.390M
YoY Change 23.68% 3.27% 6.25% 48.64% -34.08% 79.36% 148.2% 342.68%
Long-Term Debt $19.59M $29.63M $27.48M $26.66M $25.85M $24.62M $18.81M $0.00 $0.00 $1.380M
YoY Change -33.88% 7.82% 3.07% 3.13% 5.0% 30.89% -100.0%
Other Long-Term Liabilities $2.759M $4.512M $1.407M $950.0K $640.0K $1.810M $1.020M $4.940M $5.420M $2.680M
YoY Change -38.85% 220.68% 48.11% 48.44% -64.64% 77.45% -8.86% 102.24%
Total Long-Term Liabilities $22.35M $34.14M $28.89M $27.61M $26.49M $26.43M $19.83M $4.940M $5.420M $4.060M
YoY Change -34.54% 18.19% 4.62% 4.23% 0.23% 33.28% -8.86% 33.5%
Total Liabilities $34.25M $43.76M $38.51M $36.54M $32.65M $35.62M $25.03M $31.21M $16.00M $6.440M
YoY Change -21.73% 13.64% 5.39% 11.91% -8.34% 42.31% 95.06% 148.45%

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 2014 2013 2012
Basic Shares Outstanding 17.68M shares 17.08M shares 15.97M shares 12.63M shares
Diluted Shares Outstanding 17.68M shares 17.08M shares 15.97M shares 12.63M shares
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: $79.191 Million

About EXAGEN INC.

Exagen, Inc. is a commercial-stage diagnostics company, which engages in transforming the care continuum for patients suffering from debilitating and chronic autoimmune diseases by enabling timely differential diagnosis and optimizing therapeutic intervention. The company is headquartered in Vista, California and currently employs 174 full-time employees. The company went IPO on 2019-09-19. The firm has developed and is commercializing a portfolio of testing products, under its AVISE brand. The company commercially launched its testing product, AVISE CTD, which enables differential diagnosis for patients presenting with symptoms indicative of a variety of connective tissue diseases (CTDs) and other related diseases with overlapping symptoms. The comprehensive nature of AVISE CTD allows for the testing of various relevant biomarkers in one convenient blood draw. Included in AVISE CTD is its proprietary AVISE Lupus test, which enables the diagnosis of systemic lupus erythematosus (SLE) based on levels of erythrocyte bound C4d (EC4d) and B cell C4d (BC4d); along with anti-nuclear antibodies (ANA) and double-stranded DNA antibodies (ds-DNA). AVISE Lupus provides rheumatologists and their patients with sensitive and specific results.

Industry: Services-Medical Laboratories Peers: Applied Therapeutics, Inc. DYADIC INTERNATIONAL INC PharmaCyte Biotech, Inc. Immunome Inc. Lantern Pharma Inc. MEI Pharma, Inc. MERRIMACK PHARMACEUTICALS INC Minerva Neurosciences, Inc. SERA PROGNOSTICS, INC.