Adaptive Biotechnologies Corporation

ADPT

ADPTAdaptive Biotechnologies Corporation US flag

NASDAQ Global Select

17.53

USD

+0.75

- -

2.81BMarket Cap

Income Statement (USD)

MCP API Chat

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	38	56	85	98	154	185	170	179	277
+ Sales & Services Revenue	38	56	85	98	154	185	170	179	277
- Cost of Revenue	16	20	22	23	49	58	76	72	71
+ Cost of Goods & Services	16	20	22	23	49	58	76	72	71
Gross Profit	23	36	63	76	105	127	95	107	206
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	66	86	141	229	314	328	296	262	263
+ Selling, General & Admin	33	45	69	111	170	184	173	158	167
+ Research & Development	32	39	71	116	142	142	122	103	94
+ Other Operating Expense	2	2	2	2	2	2	2	2	2
Operating Income (Loss)	-44	-50	-78	-153	-209	-200	-202	-155	-57
- Non-Operating (Income) Loss	-1	-3	-10	-7	-2	- -	24	4	2
+ Interest Expense, Net	-2	-3	-10	-7	-2	- -	-2	-3	2
+ Interest Expense	- -	- -	- -	- -	- -	4	14	12	12
- Interest Income	2	3	10	7	2	4	16	15	9
+ Other Non-Op (Income) Loss	1	- -	- -	- -	- -	- -	25	7	- -
Pretax Income	-43	-46	-69	-146	-207	-200	-225	-160	-59
- Income Tax Expense (Benefit)	- -	- -	- -	- -	- -	- -	- -	- -	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-43	-46	-69	-146	-207	-200	-225	-160	-59
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	-43	-46	-69	-146	-207	-200	-225	-159	-60
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-43	-46	-69	-146	-207	-200	-225	-159	-59
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-43	-46	-69	-146	-207	-200	-225	-159	-59
EBIT	-44	-50	-78	-153	-209	-200	-202	-155	-57
EBITDA	-38	-44	-71	-144	-195	-179	-179	-136	-39
EBITDA Margin (%)	-98.42	-78.61	-82.99	-146.72	-126.35	-96.74	-105.34	-76.05	-14.19
EBITA	-44	-50	-78	-153	-209	-200	-202	-155	-57
Gross Margin (%)	59.22	64.67	73.82	77.1	68.06	68.75	55.63	59.72	74.24
Operating Margin (%)	-113.49	-89.39	-92.15	-155.33	-135.39	-108.03	-118.4	-86.81	-20.62
Profit Margin (%)	-111.4	-83.44	-80.65	-148.63	-134.3	-108.03	-132.29	-89.12	-21.48
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	6	6	8	8	14	21	22	19	18
Basic Weighted Avg Shares	106	106	69	131	140	143	144	147	152
Basic EPS, GAAP	-0.4	-0.44	-0.99	-1.11	-1.48	-1.4	-1.56	-1.08	-0.39
Basic EPS from Cont Ops	-0.4	-0.44	-0.99	-1.11	-1.48	-1.41	-1.56	-1.08	-0.39
Diluted Weighted Avg Shares	106	106	69	131	140	143	144	147	152
Diluted EPS, GAAP	-0.4	-0.44	-0.99	-1.11	-1.48	-1.4	-1.56	-1.08	-0.39
Diluted EPS from Cont Ops	-0.4	-0.44	-0.99	-1.11	-1.48	-1.41	-1.56	-1.08	-0.39

Balance Sheet (USD)

MCP API Chat

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	205	181	613	727	403	562	410	284	300
+ Cash, Cash Equivalents & STI	192	165	577	688	353	498	346	222	227
+ Cash & Cash Equivalents	85	55	97	123	139	90	65	48	70
+ ST Investments	107	110	480	565	214	408	281	174	156
+ Accounts & Notes Receiv	6	5	13	10	17	40	38	42	50
+ Accounts Receivable, Net	6	5	13	10	17	40	38	42	50
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	5	8	9	14	19	14	14	8	10
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	5	8	9	14	19	14	14	8	10
+ Other ST Assets	3	3	14	15	13	9	11	11	13
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	157	152	300	390	521	294	251	256	213
+ Property, Plant & Equip, Net	14	19	60	139	173	164	120	94	75
+ Property, Plant & Equip	23	32	78	163	209	219	194	182	171
- Accumulated Depreciation	9	12	18	24	36	54	73	88	96
+ LT Investments & Receivables	9	- -	105	119	217	- -	- -	34	13
+ LT Investments	9	- -	105	119	217	- -	- -	34	13
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	134	133	134	132	131	130	131	128	125
+ Total Intangible Assets	134	133	131	129	127	126	124	122	121
+ Goodwill	119	119	119	119	119	119	119	119	119
+ Other Intangible Assets	15	14	12	10	9	7	5	3	2
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	- -	3	3	3	4	7	5	4
Total Assets	362	333	912	1,116	923	857	661	539	513
+ Payables & Accruals	3	4	9	16	13	21	16	15	14
+ Accounts Payable	2	2	4	3	3	8	8	7	6
+ Accrued Taxes	- -	- -	2	2	- -	- -	- -	- -	1
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	1	3	2	11	9	12	9	8	7
+ ST Debt	- -	- -	- -	4	5	9	9	10	9
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	4	5	9	9	10	9
+ Other ST Liabilities	18	18	69	85	96	80	62	72	67
+ Deferred Revenue	14	13	61	73	80	64	49	56	45
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	4	6	8	12	16	16	14	17	22
Total Current Liabilities	21	23	78	105	114	110	88	98	90
+ LT Debt	- -	- -	37	104	107	99	89	79	70
+ LT Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	37	104	107	99	89	79	70
+ Other LT Liabilities	566	568	226	164	99	184	175	160	128
+ Accrued Liabilities	4	7	226	164	99	59	45	27	1
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	562	561	- -	- -	- -	125	131	132	127
Total Noncurrent Liabilities	566	568	263	268	205	283	265	239	198
Total Liabilities	587	591	341	373	319	393	353	337	288
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	25	38	936	1,254	1,324	1,387	1,453	1,506	1,582
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	25	38	936	1,254	1,324	1,387	1,453	1,506	1,582
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-249	-296	-365	-512	-719	-919	-1,144	-1,304	-1,363
+ Other Equity	- -	- -	1	1	-1	-4	- -	- -	- -
Equity Before Minority Interest	-225	-258	571	743	604	464	308	203	219
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	6
Total Equity	-225	-258	571	743	604	464	308	202	225
Total Liabilities & Equity	362	333	912	1,116	923	857	661	539	513
Shares Outstanding	121	123	125	138	141	143	145	148	154
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	37	108	112	108	99	89	79
Net Debt	-85	-55	-97	-123	-139	-90	-65	-48	-70
Net Debt to Equity	37.98	21.32	-16.91	-16.61	-23.02	-19.4	-21.11	-23.67	-31.33
Tangible Common Equity Ratio	-157.29	-195.27	56.33	62.2	59.89	46.29	34.3	19.21	26.61
Current Ratio	9.77	7.93	7.82	6.91	3.54	5.12	4.66	2.89	3.34
Cash Conversion Cycle	- -	121.07	127.54	178.54	133.92	123.7	115.26	97.84	72.93

Cash Flow Statement (USD)

MCP API Chat

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	-43	-46	-69	-146	-207	-200	-225	-160	-59
+ Depreciation & Amortization	6	6	8	8	14	21	22	19	18
+ Non-Cash Items	8	10	11	29	57	67	93	63	53
+ Stock-Based Compensation	7	11	13	25	43	55	63	54	51
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	27	9	1
+ Other Non-Cash Adj	- -	-1	-2	4	14	12	3	- -	1
+ Chg in Non-Cash Work Cap	-5	-2	255	-41	-57	-72	-46	-17	-58
+ (Inc) Dec in Accts Receiv	-2	1	-8	3	-7	-23	2	-4	-9
+ (Inc) Dec in Inventories	-3	-3	-1	-5	-5	1	-3	5	-1
+ (Inc) Dec in Prepaid Assets	- -	- -	-9	-1	1	4	-2	- -	-2
+ Inc (Dec) in Accts Payable	-2	2	6	7	4	7	-5	1	1
+ Inc (Dec) in Other	1	-1	266	-45	-49	-60	-38	-20	-47
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-35	-32	205	-150	-193	-184	-156	-95	-46
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-3	-6	-11	-19	-62	-16	-11	-4	-3
+ Acq of Fixed Prod Assets	-2	-6	-11	-19	-62	-16	-11	-4	-3
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	321	272	- -	- -	- -	- -	- -
+ Increase in Capital Stock	- -	- -	321	272	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	39	7	-470	-98	243	19	140	81	41
+ Dec in LT Investment	164	154	414	597	560	298	570	326	223
+ Inc in LT Investment	-125	-147	-884	-695	-317	-279	-430	-244	-182
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	36	1	-482	-117	181	3	130	78	38
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	- -	- -	- -	- -	124	- -	- -	- -
+ Cash From Debt	- -	- -	- -	- -	- -	124	- -	- -	- -
+ Repayments of Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Financing Activities	50	1	-1	21	27	8	2	- -	30
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	50	1	320	294	27	132	2	- -	30
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	52	-30	44	27	16	-49	-24	-17	22
EBITDA	-38	-44	-71	-144	-195	-179	-179	-136	-39
EBITDA Margin (%)	-98.42	-78.61	-82.99	-146.72	-126.35	-96.74	-105.34	-76.05	-14.19
Free Cash Flow	-37	-39	194	-168	-254	-200	-167	-99	-49
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Equity	- -	-39	194	-168	-254	-76	-167	-99	-49
Free Cash Flow per Basic Share	-0.35	-0.36	2.81	-1.28	-1.81	-1.41	-1.16	-0.67	-0.32
Price/Free Cash Flow	- -	- -	9.55	-59.28	-30.07	-6.5	-4.86	-9.64	-57.27
Cash Flow to Net Income	0.81	0.69	-2.99	1.02	0.93	0.92	0.69	0.6	0.77
Capital Expenditures	-3	-6	-11	-19	-62	-16	-11	-4	-3