Absci Corporation

ABSI

ABSIAbsci Corporation US flag

NASDAQ Global Select

5.94

USD

-0.41

- -

926.08MMarket Cap

Income Statement (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	2	5	5	6	6	5	3
+ Sales & Services Revenue	2	5	5	6	6	5	3
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	-2	-5	-5	-6	-6	-5	-3
- Operating Expenses	8	18	80	112	100	113	128
+ Selling, General & Admin	4	6	29	41	38	36	35
+ Research & Development	4	11	45	59	48	64	81
+ Other Operating Expense	- -	1	7	13	14	13	12
Operating Income (Loss)	-6	-13	-75	-107	-94	-109	-125
- Non-Operating (Income) Loss	- -	1	35	-1	16	-6	-10
+ Interest Expense, Net	- -	1	3	1	1	1	- -
+ Interest Expense	- -	1	3	1	1	1	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	- -	- -	31	-2	15	-6	-11
Pretax Income	-7	-14	-110	-105	-110	-103	-115
- Income Tax Expense (Benefit)	- -	- -	-9	- -	- -	- -	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-7	-14	-101	-105	-111	-103	-115
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	-7	-14	-101	-105	-111	-103	-115
- Minority Interest	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-7	-14	-101	-105	-111	-103	-115
- Preferred Dividends	- -	1	2	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-7	-15	-103	-105	-111	-103	-115
EBIT	-6	-13	-75	-107	-94	-109	-125
EBITDA	-6	-12	-69	-94	-80	-95	-114
EBITDA Margin (%)	-280.29	-254.6	-1,434.21	-1,629.55	-1,402.26	-2,106.29	-4,059.86
EBITA	-6	-13	-75	-107	-94	-109	-125
Gross Margin (%)	100	100	100	100	100	100	100
Operating Margin (%)	-304.13	-278.26	-1,573.36	-1,857.49	-1,647.08	-2,401.59	-4,479.21
Profit Margin (%)	-319.61	-300.27	-2,111.25	-1,825.37	-1,933.65	-2,274.06	-4,113.68
Sales per Employee	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	- -	1	7	13	14	13	12
Basic Weighted Avg Shares	90	90	50	91	92	110	137
Basic EPS, GAAP	-0.07	-0.17	-2.08	-1.15	-1.2	-0.94	-0.84
Basic EPS from Cont Ops	-0.07	-0.16	-2.03	-1.15	-1.2	-0.94	-0.84
Diluted Weighted Avg Shares	90	90	50	91	92	110	137
Diluted EPS, GAAP	-0.07	-0.17	-2.08	-1.15	-1.2	-0.94	-0.84
Diluted EPS from Cont Ops	-0.07	-0.16	-2.03	-1.15	-1.2	-0.94	-0.84

Balance Sheet (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	14	73	273	187	121	134	150
+ Cash, Cash Equivalents & STI	13	70	253	164	98	112	144
+ Cash & Cash Equivalents	13	70	253	60	72	41	20
+ ST Investments	- -	- -	- -	104	25	71	124
+ Accounts & Notes Receiv	- -	2	1	2	2	- -	- -
+ Accounts Receivable, Net	- -	- -	- -	- -	2	- -	- -
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	2	1	2	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	- -	2	19	21	21	21	5
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	6	15	153	134	97	80	67
+ Property, Plant & Equip, Net	5	13	59	58	46	33	24
+ Property, Plant & Equip	6	16	65	73	70	65	59
- Accumulated Depreciation	1	2	6	15	24	32	36
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	1	2	94	76	51	47	43
+ Total Intangible Assets	- -	- -	76	73	48	45	42
+ Goodwill	- -	- -	21	21	- -	- -	- -
+ Other Intangible Assets	- -	- -	55	52	48	45	42
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	1	2	18	3	3	2	1
Total Assets	19	89	426	321	217	214	216
+ Payables & Accruals	1	4	26	23	8	10	19
+ Accounts Payable	- -	2	8	2	2	3	3
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	1	2	17	20	7	8	17
+ ST Debt	2	4	7	7	6	4	3
+ ST Borrowings	1	2	2	3	3	3	1
+ ST Finance Leases	1	2	4	4	2	2	2
+ Other ST Liabilities	1	3	1	- -	16	14	1
+ Deferred Revenue	1	3	1	- -	3	1	1
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	13	13	- -
Total Current Liabilities	3	10	34	30	30	29	23
+ LT Debt	4	11	13	16	10	6	3
+ LT Borrowings	2	4	1	8	5	1	- -
+ LT Finance Leases	2	7	12	8	6	4	3
+ Other LT Liabilities	53	157	13	- -	1	- -	1
+ Accrued Liabilities	- -	- -	1	- -	1	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	53	157	12	- -	- -	- -	1
Total Noncurrent Liabilities	57	168	26	16	12	6	4
Total Liabilities	61	178	60	47	41	34	27
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	- -	1	557	570	583	689	814
+ Common Stock	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	- -	1	557	570	583	689	814
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-41	-90	-191	-296	-406	-510	-625
+ Other Equity	- -	- -	- -	- -	- -	- -	1
Equity Before Minority Interest	-41	-89	366	274	176	179	189
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -
Total Equity	-41	-89	366	274	176	179	189
Total Liabilities & Equity	19	89	426	321	217	214	216
Shares Outstanding	90	90	93	92	93	115	152
Number of Employees	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	3	9	16	12	8	6	4
Net Debt	-10	-64	-249	-49	-64	-37	-19
Net Debt to Equity	24.64	71.78	-68.03	-17.87	-36.58	-20.78	-10.11
Tangible Common Equity Ratio	-215.98	-100.97	82.83	81.22	75.67	79.57	84.64
Current Ratio	3.94	7.25	8.07	6.17	4.08	4.67	6.57
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	-7	-14	-101	-105	-111	-103	-115
+ Depreciation & Amortization	- -	1	7	13	14	13	12
+ Non-Cash Items	- -	1	37	12	30	18	10
+ Stock-Based Compensation	- -	- -	11	13	11	19	18
+ Deferred Income Taxes	- -	- -	-9	-1	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	21	- -	- -
+ Other Non-Cash Adj	- -	1	35	- -	-2	-2	-8
+ Chg in Non-Cash Work Cap	- -	1	-3	-2	2	- -	- -
+ (Inc) Dec in Accts Receiv	- -	-1	- -	- -	-1	2	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	-1	-8	2	2	- -	- -
+ Inc (Dec) in Accts Payable	- -	2	2	-2	-2	2	1
+ Inc (Dec) in Other	- -	2	2	-2	3	-4	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-6	-11	-61	-81	-65	-72	-93
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	1	1
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	1	1
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	-2	-38	-16	-1	- -	-1
+ Acq of Fixed Prod Assets	-1	-2	-38	-16	-1	- -	-1
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	210	1	1	82	106
+ Increase in Capital Stock	- -	- -	210	1	1	82	106
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	-1	-104	83	-42	-50
+ Dec in LT Investment	- -	- -	- -	5	230	144	70
+ Inc in LT Investment	- -	- -	-1	-109	-147	-186	-120
+ Net Cash From Acq & Div	- -	- -	-28	-8	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	-28	-8	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	1	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-1	-2	-67	-127	82	-42	-50
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	2	2	121	5	-5	-4	-3
+ Cash From Debt	3	3	125	12	- -	- -	- -
+ Repayments of Debt	- -	-2	-4	-7	-5	-4	-3
+ Other Financing Activities	10	69	5	- -	- -	4	3
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	13	71	336	5	-4	83	106
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	6	58	208	-203	13	-31	-37
EBITDA	-6	-12	-69	-94	-80	-95	-114
EBITDA Margin (%)	-280.29	-254.6	-1,434.21	-1,629.55	-1,402.26	-2,106.29	-4,059.86
Free Cash Flow	-7	-13	-99	-98	-65	-73	-94
Net Cash Paid for Acquisitions	- -	- -	28	8	- -	- -	- -
Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Equity	- -	-12	20	-93	-71	-76	-96
Free Cash Flow per Basic Share	-0.08	-0.15	-1.99	-1.07	-0.71	-0.66	-0.69
Price/Free Cash Flow	- -	- -	-18.07	-2.93	-6.06	-4.01	-5.2
Cash Flow to Net Income	0.92	0.76	0.6	0.78	0.58	0.7	0.81
Capital Expenditures	-1	-2	-38	-16	-1	- -	-1