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PACB - Pacific Biosciences ...

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Pacific Biosciences of California, Inc.

PACB

NASDAQ

Pacific Biosciences of California, Inc. designs, develops, and manufactures sequencing systems to resolve genetically complex problems. The company provides PacBio's Systems, which conduct, monitor, and analyse biochemical sequencing reactions; consumable products, including single molecule real-time (SMRT) cells; and various reagent kits designed for specific workflow, such as template preparation kit to convert DNA into SMRTbell double-stranded DNA library formats, including molecular biology reagents, such as ligase, buffers, and exonucleases. It also offers binding kits, such as modified DNA polymerase used to bind SMRTbell libraries to the polymerase in preparation for sequencing; and sequencing kits comprise reagents required for on-instrument, real-time sequencing, including the phospholinked nucleotides. The company serves research institutions; commercial laboratories; genome centers; public health labs, hospitals and clinical research institutes, contract research organizations, and academic institutions; pharmaceutical companies; and agricultural companies. It markets its products through a direct sales force in North America and Europe, as well as through distribution partners in Asia, Europe, the Middle East, Africa, and Latin America. Pacific Biosciences of California, Inc. has a development and commercialization agreement with Invitae Corporation. The company was formerly known as Nanofluidics, Inc. and changed its name to Pacific Biosciences of California, Inc. in 2005. Pacific Biosciences of California, Inc. was incorporated in 2000 and is headquartered in Menlo Park, California.

1.23 USD

0.04 (3.25%)

PACB Financial Statements

Year

2024

2023

2022

2021

Total Revenue

154.01M

200.52M

128.3M

130.51M

Cost of Revenue

116.73M

147.74M

79.27M

71.65M

Gross Profit

37.28M

52.78M

49.03M

58.86M

Operating Expenses

393.66M

387.25M

353.85M

237.02M

Research and Development

134.92M

187.17M

193M

112.9M

Selling, General & Administrative Expenses

175.02M

169.82M

160.85M

124.12M

Selling & Marketing Expenses

0

0

0

0

General & Administrative Expenses

0

0

0

0

Other Expenses

83.72M

30.26M

7.64M

93k

Operating Income

-356.38M

-334.47M

-304.82M

-178.16M

Total Other Income/Expenses Net

46.85M

16.31M

-9.43M

-96.71M

Income Before Tax

-309.54M

-318.16M

-314.25M

-274.87M

Income Tax

316k

-11.42M

-17.32M

-93.65M

Net Income

-309.85M

-306.74M

-296.93M

-181.22M

Basic EPS

-1.13

-1.21

-1.32

-0.89

EPS Diluted

-1.07

-1.21

-1.32

-0.89

Basic Average Shares

274.49M

253.63M

224.46M

203.62M

Diluted Average Shares

288.37M

253.63M

224.55M

204.14M

EBITDA

-356.38M

-277.28M

-282.24M

-250.76M

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

-1.84B

-1.53B

-1.22B

-1.04B

Net Income

-309.85M

-306.74M

-296.93M

-181.22M

Stock Repurchases

0

0

0

0

Dividend Paid

0

0

0

0

Retained Earnings

-2.15B

-1.84B

-1.53B

-1.22B

Other Distributions

-309.85M

-306.74M

-314.25M

-181.22M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

46.6M

69.03M

81.34M

79.12M

Annual Depreciation

53.35M

26.53M

17.32M

11.59M

Capital Expenditure

-6.19M

-8.84M

-16.93M

-5.93M

Net PPE

-567k

51.33M

80.95M

73.47M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

-144.5M

52.29M

0

409.97M

Goodwill (Previous Year)

462.26M

409.97M

409.97M

0

Goodwill

317.76M

462.26M

409.97M

409.97M

All figures are in USD.

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