ABSI - Absci Corporation
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$6.05
DETAILS
HIGH:
$8.00
LOW:
$4.10
MEDIAN:
$6.05
CONSENSUS:
$6.05
UPSIDE:
18.63%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 2.8 | 4.5 | 5.7 | 5.7 | 4.8 | 4.8 | 2.1 |
| Cost of Revenue | 11.7 | 62.5 | 47.6 | 58.9 | 44.6 | 11.4 | 0 |
| Gross Profit | (8.9) | (57.9) | (41.8) | (53.2) | (39.8) | (6.7) | 2.1 |
| Operating Expenses | |||||||
| R&D Expenses | 81.4 | 63.9 | 48.1 | 58.9 | 44.6 | 11.4 | 4.3 |
| SG&A Expenses | 35.1 | 0 | 0 | 0 | 0 | 5.5 | 3.5 |
| Other Expenses | (0.7) | (12.9) | 25.6 | (5.3) | (9.2) | (10.3) | 0.5 |
| Operating Expenses | 115.8 | 51.0 | 73.7 | 53.6 | 35.4 | 6.6 | 8.3 |
| Operating Income | |||||||
| Operating Income | (124.7) | (108.9) | (115.5) | (106.8) | (75.2) | (13.3) | (6.3) |
| Interest Expense | 0.2 | 0.6 | 1.0 | 1.0 | 3.4 | 0.6 | 0.3 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||
| EBITDA | (113.0) | (94.1) | (79.7) | (93.7) | (67.7) | (12.6) | (5.8) |
| EBIT | (124.7) | (107.5) | (93.7) | (106.8) | (74.3) | (13.7) | (6.3) |
| Income Before Tax | (115.1) | (103.0) | (110.5) | (105.4) | (109.9) | (14.4) | (6.6) |
| Income Tax Expense | 0.1 | 0.1 | 0.1 | (0.5) | (8.9) | 0 | 0 |
| Net Income | (115.2) | (103.1) | (110.6) | (104.9) | (101.0) | (14.4) | (6.6) |
| Per Share Data | |||||||
| EPS (Basic) | -0.84 | -0.94 | -1.20 | -1.15 | -1.11 | -0.54 | -0.07 |
| EPS (Diluted) | -0.84 | -0.94 | -1.20 | -1.15 | -1.11 | -0.54 | -0.07 |
| Shares Outstanding | 136.8 | 110.2 | 92.0 | 90.8 | 92.6 | 92.3 | 92.3 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 20.0 | 41.2 | 72.4 | 60.0 | 252.6 | 69.9 | 13.1 |
| Short-Term Investments | 124.3 | 71.2 | 25.3 | 104.5 | 0 | 0 | 0 |
| Net Receivables | 0 | 0 | 2.2 | 1.6 | 1.4 | 1.6 | 0.2 |
| Inventory | 0 | 0 | 0 | 15.0 | 10.5 | 0 | 0 |
| Other Current Assets | 5.3 | 21.4 | 20.7 | 0 | 0 | 0 | 0 |
| Total Current Assets | 149.6 | 133.8 | 120.6 | 186.9 | 273.1 | 73.2 | 13.6 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 23.8 | 33.1 | 45.8 | 58.0 | 58.7 | 13.4 | 5.0 |
| Goodwill | 0 | 0 | 0 | 21.3 | 21.3 | 0 | 0 |
| Intangible Assets | 41.5 | 44.9 | 48.3 | 51.6 | 55.0 | 0 | 0.3 |
| Long-Term Investments | 0 | 0 | 0 | 1.9 | 16.8 | 0 | 0.8 |
| Other Non-Current Assets | 1.4 | 1.8 | 2.6 | (16.4) | 18.1 | 1.9 | 0.5 |
| Total Non-Current Assets | 66.7 | 79.8 | 96.7 | 134.1 | 153.1 | 15.3 | 5.8 |
| Total Assets | 216.3 | 213.6 | 217.3 | 321.0 | 426.2 | 88.6 | 19.5 |
| Current Liabilities | |||||||
| Account Payables | 2.8 | 3.5 | 1.5 | 2.4 | 8.4 | 2.1 | 0.3 |
| Short-Term Debt | 0.9 | 2.7 | 3.3 | 2.9 | 2.4 | 1.5 | 1.2 |
| Deferred Revenue | 0.7 | 1.1 | 3.2 | 0.4 | 1.4 | 0 | 0.8 |
| Other Current Liabilities | 0 | 12.8 | 12.8 | 0 | 0 | 2.6 | 0 |
| Total Current Liabilities | 22.8 | 28.7 | 29.6 | 30.3 | 33.9 | 10.1 | 3.5 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 0 | 1.3 | 4.7 | 8.0 | 1.1 | 4.1 | 1.7 |
| Deferred Tax Liabilities | 0 | 0 | 0.2 | 0.2 | 0.7 | 0 | 0 |
| Other Non-Current Liabilities | 1.0 | 0.1 | 0.1 | 0.0 | 12.2 | 0.7 | 53.0 |
| Total Non-Current Liabilities | 4.1 | 5.8 | 11.6 | 16.3 | 26.2 | 11.5 | 57.2 |
| Total Liabilities | 26.8 | 34.5 | 41.1 | 46.6 | 60.1 | 21.6 | 60.6 |
| Stockholders' Equity | |||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (624.8) | (509.6) | (406.5) | (295.9) | (191.0) | (90.1) | (41.4) |
| Accumulated Other Comprehensive Income | 0.6 | (0.0) | (0.0) | (0.1) | (0.0) | 0 | (52.8) |
| Total Stockholders' Equity | 189.4 | 179.1 | 176.2 | 274.4 | 366.1 | 67.0 | (41.2) |
| Total Liabilities & Equity | 216.3 | 213.6 | 217.3 | 321.0 | 426.2 | 88.6 | 19.5 |
| Debt Metrics | |||||||
| Total Debt | 5.3 | 10.1 | 15.9 | 23.0 | 20.0 | 14.5 | 6.0 |
| Net Debt | (14.7) | (31.1) | (56.5) | (37.0) | (232.6) | (55.4) | (7.1) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | (115.2) | (103.1) | (110.6) | (104.9) | (101.0) | (14.4) | (6.6) |
| Depreciation & Amortization | 11.7 | 13.4 | 14.0 | 13.1 | 6.7 | 1.1 | 0.5 |
| Stock-Based Compensation | 18.3 | 19.5 | 11.4 | 12.5 | 10.6 | 0.4 | 0.0 |
| Change in Working Capital | 0.4 | (0.4) | 1.5 | (1.5) | (3.1) | 1.0 | (0.1) |
| Other Non-Cash Items | (8.2) | (1.8) | 19.1 | (0.0) | 35.1 | 0.8 | 0.1 |
| Operating Cash Flow | (92.9) | (72.4) | (64.6) | (81.3) | (60.6) | (11.0) | (6.0) |
| Investing Activities | |||||||
| Capital Expenditure | (1.1) | (0.4) | (0.9) | (16.2) | (38.0) | (2.2) | (1.1) |
| Acquisitions | 1.3 | 0 | 0 | (8) | (28.1) | 0 | 0 |
| Purchases of Investments | (119.9) | (186.1) | (147.3) | (108.6) | (1.2) | 0 | 0 |
| Sales/Maturities of Investments | 69.5 | 144 | 229.9 | 5 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0.9 | 0.3 | 0.8 | 0 | 0.0 | 0.0 |
| Investing Cash Flow | (50.2) | (41.6) | 81.9 | (127.0) | (67.4) | (2.2) | (1.1) |
| Financing Activities | |||||||
| Net Debt Issuance | (3.2) | (4.0) | (5.3) | 4.6 | 120.9 | 1.6 | 2.4 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 105.9 | 82.5 | (4.5) | 5.2 | 336.2 | 71.0 | 12.7 |
| Cash Position | |||||||
| Net Change in Cash | (37.1) | (31.5) | 12.8 | (203.1) | 208.2 | 57.8 | 5.6 |
| Cash at Beginning | 58.2 | 89.7 | 76.8 | 279.9 | 71.7 | 13.9 | 8.3 |
| Cash at End | 21.1 | 58.2 | 89.7 | 76.8 | 279.9 | 71.7 | 13.9 |
| Free Cash Flow | (94.0) | (72.8) | (65.5) | (97.5) | (98.6) | (13.2) | (7.1) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 2.8 | 4.5 | 5.7 | 5.7 | 4.8 | 4.8 | 2.1 |
| Gross Profit | (8.9) | (57.9) | (41.8) | (53.2) | (39.8) | (6.7) | 2.1 |
| Operating Income | (124.7) | (108.9) | (115.5) | (106.8) | (75.2) | (13.3) | (6.3) |
| Net Income | (115.2) | (103.1) | (110.6) | (104.9) | (101.0) | (14.4) | (6.6) |
| EPS (Diluted) | -0.84 | -0.94 | -1.20 | -1.15 | -1.11 | -0.54 | -0.07 |
| Balance Sheet | |||||||
| Cash & Equivalents | 20.0 | 41.2 | 72.4 | 60.0 | 252.6 | 69.9 | 13.1 |
| Total Assets | 216.3 | 213.6 | 217.3 | 321.0 | 426.2 | 88.6 | 19.5 |
| Total Debt | 5.3 | 10.1 | 15.9 | 23.0 | 20.0 | 14.5 | 6.0 |
| Stockholders' Equity | 189.4 | 179.1 | 176.2 | 274.4 | 366.1 | 67.0 | (41.2) |
| Cash Flow | |||||||
| Operating Cash Flow | (92.9) | (72.4) | (64.6) | (81.3) | (60.6) | (11.0) | (6.0) |
| Capital Expenditure | (1.1) | (0.4) | (0.9) | (16.2) | (38.0) | (2.2) | (1.1) |
| Free Cash Flow | (94.0) | (72.8) | (65.5) | (97.5) | (98.6) | (13.2) | (7.1) |