MXCT - MaxCyte, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$6.00
DETAILS
HIGH:
$6.00
LOW:
$6.00
MEDIAN:
$6.00
CONSENSUS:
$6.00
UPSIDE:
476.92%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||
| Revenue | 33.0 | 38.6 | 41.3 | 44.3 | 33.9 | 26.2 | 21.6 | 16.7 | 14.0 | 12.3 | 9.3 | 7.2 | 6.8 | 5.1 |
| Cost of Revenue | 6.2 | 7.1 | 4.7 | 5.1 | 3.6 | 2.8 | 2.5 | 1.8 | 1.5 | 1.3 | 1.0 | 1.0 | 0.8 | 0.8 |
| Gross Profit | 26.8 | 31.5 | 36.5 | 39.2 | 30.2 | 23.4 | 19.1 | 14.8 | 12.5 | 11.0 | 8.3 | 6.2 | 6.0 | 4.2 |
| Operating Expenses | ||||||||||||||
| R&D Expenses | 20.8 | 22.2 | 23.8 | 19.5 | 15.4 | 17.7 | 17.6 | 11.2 | 11.3 | 4.7 | 3.0 | 2.5 | 2.2 | 2.2 |
| SG&A Expenses | 47.0 | 56.4 | 57.0 | 44.5 | 31.7 | 15.7 | 13.4 | 12.0 | 10.5 | 9.0 | 6.0 | 5.0 | 4.6 | 4.0 |
| Other Expenses | 4.2 | 4.1 | 4.0 | 2.5 | 1.3 | 1.0 | 0.5 | 0 | 0 | 0.0 | 0.0 | 0 | 0 | 0 |
| Operating Expenses | 72.1 | 82.7 | 84.8 | 66.5 | 48.4 | 34.5 | 31.5 | 23.3 | 21.8 | 13.7 | 9.0 | 7.5 | 6.8 | 6.2 |
| Operating Income | ||||||||||||||
| Operating Income | (45.3) | (51.2) | (48.3) | (27.4) | (18.2) | (11.1) | (12.4) | (8.4) | (9.3) | (2.7) | (0.8) | (1.3) | (0.8) | (2.0) |
| Interest Expense | 0 | 0 | 0 | 0.1 | 1.0 | 0.8 | 0.7 | 0.6 | 0.6 | 0.6 | 0.7 | 0.6 | 0.2 | 0.1 |
| Interest Income | 7.3 | 10.1 | 10.4 | 3.9 | 0.2 | 0.1 | 0.2 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0.0 |
| Profitability | ||||||||||||||
| EBITDA | (40.1) | (46.4) | (44.1) | (24.7) | (16.6) | (9.9) | (11.6) | (7.9) | (9.1) | (2.6) | (0.6) | (1.2) | (0.7) | (1.8) |
| EBIT | (45.3) | (51.2) | (48.3) | (27.4) | (18.0) | (11.0) | (12.2) | (8.3) | (9.3) | (2.7) | (0.7) | (1.3) | (0.8) | (1.9) |
| Income Before Tax | (44.6) | (41.1) | (37.9) | (23.6) | (19.1) | (11.8) | (12.9) | (8.9) | (9.9) | (3.3) | (1.4) | (1.8) | (1.0) | (2.0) |
| Income Tax Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | (44.6) | (41.1) | (37.9) | (23.6) | (19.1) | (11.8) | (12.9) | (8.9) | (9.9) | (3.3) | (1.4) | (1.8) | (1.0) | (2.0) |
| Per Share Data | ||||||||||||||
| EPS (Basic) | -0.42 | -0.39 | -0.37 | -0.19 | -0.22 | -0.18 | -0.24 | -0.17 | -0.20 | -0.10 | -0.03 | -1.59 | -0.02 | -0.05 |
| EPS (Diluted) | -0.42 | -0.39 | -0.37 | -0.19 | -0.22 | -0.18 | -0.24 | -0.17 | -0.20 | -0.10 | -0.03 | -1.59 | -0.02 | -0.05 |
| Shares Outstanding | 106.4 | 104.8 | 103.3 | 101.7 | 90.6 | 69.5 | 56.4 | 51.2 | 48.6 | 33.5 | 43.5 | 1.2 | 43.5 | 43.5 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 20.1 | 27.9 | 46.5 | 11.1 | 47.8 | 18.8 | 15.2 | 11.2 | 25.3 | 11.7 |
| Short-Term Investments | 83.0 | 126.6 | 121.8 | 216.3 | 207.3 | 16.0 | 1.5 | 3.2 | 0 | 0 |
| Net Receivables | 3.5 | 4.7 | 5.8 | 11.2 | 6.9 | 5.2 | 3.2 | 4.9 | 3.2 | 2.4 |
| Inventory | 7.5 | 8.9 | 12.2 | 8.6 | 5.2 | 4.3 | 3.7 | 2.2 | 1.3 | 1.3 |
| Other Current Assets | 4.3 | 3.6 | 3.9 | 1.9 | 0 | 0 | 0.8 | 0.9 | 0.7 | 0.3 |
| Total Current Assets | 118.4 | 171.7 | 190.2 | 252.3 | 270.4 | 45.3 | 24.5 | 22.4 | 30.6 | 15.8 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 28.5 | 30.5 | 34.8 | 33.6 | 13.4 | 6.5 | 5.5 | 1.8 | 0.8 | 0.3 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 52.6 | 35.8 | 42.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 2.5 | 1.5 | 0.4 | 0.8 | 0.3 | 0.0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 84.1 | 67.8 | 78.1 | 34.4 | 13.7 | 6.5 | 5.5 | 1.8 | 0.8 | 0.3 |
| Total Assets | 202.5 | 239.5 | 268.3 | 286.7 | 284.1 | 51.8 | 30.0 | 24.3 | 31.4 | 16.1 |
| Current Liabilities | ||||||||||
| Account Payables | 1.4 | 1.4 | 0.7 | 0.3 | 1.8 | 0.9 | 2.1 | 1.0 | 4.3 | 3.2 |
| Short-Term Debt | 1.5 | 0.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0.9 | 0 |
| Deferred Revenue | 3.6 | 5.3 | 5.1 | 0 | 6.7 | 4.8 | 3.2 | 2.4 | 2.1 | 2.5 |
| Other Current Liabilities | 7.8 | 8.3 | 0 | 6.7 | 0 | 0 | 0 | 0 | (0.9) | 0 |
| Total Current Liabilities | 14.3 | 15.8 | 17.9 | 15.4 | 15.6 | 11.6 | 9.3 | 6.6 | 7.2 | 5.7 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 4.9 | 4.9 | 5.1 | 4.2 | 5.0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0.3 | 0.3 | 0.3 | 1.3 | 0.5 | 0.6 | 0.3 | 0.4 | 0.4 | 0.3 |
| Total Non-Current Liabilities | 16.8 | 17.4 | 18.3 | 17.3 | 5.6 | 6.9 | 7.0 | 5.4 | 4.6 | 5.3 |
| Total Liabilities | 31.0 | 33.2 | 36.1 | 32.7 | 21.2 | 18.6 | 16.4 | 12.0 | 11.8 | 11.0 |
| Stockholders' Equity | ||||||||||
| Common Stock | 1.1 | 1.1 | 1.0 | 1.0 | 1.0 | 0.8 | 0.6 | 0.5 | 0.5 | 0.4 |
| Retained Earnings | (261.5) | (216.9) | (175.8) | (137.9) | (114.3) | (95.2) | (83.4) | (70.5) | (61.6) | (51.7) |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 171.5 | 206.3 | 232.2 | 254.0 | 262.9 | 33.2 | 13.6 | 12.3 | 19.6 | 5.1 |
| Total Liabilities & Equity | 202.5 | 239.5 | 268.3 | 286.7 | 284.1 | 51.8 | 30.0 | 24.3 | 31.4 | 16.1 |
| Debt Metrics | ||||||||||
| Total Debt | 17.9 | 18.0 | 18.7 | 16.1 | 5.7 | 7.0 | 7.2 | 5.1 | 5.0 | 5.0 |
| Net Debt | (2.1) | (9.8) | (27.8) | 5.0 | (42.1) | (11.8) | (8.0) | (6.2) | (20.3) | (6.7) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (44.6) | (41.1) | (37.9) | (23.6) | (19.1) | (11.8) | (12.9) | (8.9) | (9.9) | (3.3) |
| Depreciation & Amortization | 5.1 | 4.3 | 4.6 | 2.7 | 1.4 | 1.0 | 0.6 | 0.3 | 0.1 | 0.1 |
| Stock-Based Compensation | 9.2 | 0 | 14.0 | 0 | 8.0 | 2.5 | 1.8 | 1.3 | 0.5 | 0.2 |
| Change in Working Capital | (6.1) | (0.8) | 3.8 | (3.2) | (1.6) | (0.9) | 1.6 | (3.5) | (0.5) | 0.7 |
| Other Non-Cash Items | 2.0 | 9.9 | (6.1) | 9.3 | 0.7 | 0.4 | 0.1 | 0.1 | 0.1 | 0.1 |
| Operating Cash Flow | (34.4) | (27.6) | (21.7) | (14.8) | (10.7) | (8.8) | (8.8) | (10.5) | (9.7) | (2.3) |
| Investing Activities | ||||||||||
| Capital Expenditure | (1.8) | (1.7) | (3.7) | (18.5) | (3.8) | (2.1) | (1.3) | (0.7) | (0.6) | (0.2) |
| Acquisitions | (1.8) | 0 | 0 | 0 | 0 | 0 | (1.7) | 0 | 0 | 0 |
| Purchases of Investments | (126.3) | (150.9) | (255.1) | (290.9) | (268.7) | (22.5) | (7.4) | (12.7) | 0 | 0 |
| Sales/Maturities of Investments | 155.8 | 159.4 | 313.8 | 284.6 | 77.5 | 8 | 9.1 | 9.6 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0.0 | 0 | 0.0 | 0 | 1.7 | (3.1) | 0 | 0 |
| Investing Cash Flow | 25.9 | 6.9 | 55.0 | (24.8) | (195.0) | (16.6) | 0.5 | (3.8) | (0.6) | (0.2) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | (5.0) | (0.1) | (0.2) | (0.0) | (0.0) | (0.0) |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | 1.9 | 0 | 3.6 | 0.4 | 0.1 | 0.2 | 0.0 | (0.1) |
| Financing Cash Flow | 0.7 | 2.1 | 2.1 | 2.9 | 234.7 | 28.9 | 12.3 | 0.2 | 23.9 | 11.9 |
| Cash Position | ||||||||||
| Net Change in Cash | (7.8) | (18.6) | 35.4 | (36.7) | 29.0 | 3.5 | 4.0 | (14.1) | 13.6 | 9.3 |
| Cash at Beginning | 27.9 | 46.5 | 11.1 | 47.8 | 18.8 | 15.2 | 11.2 | 25.3 | 11.7 | 2.4 |
| Cash at End | 20.1 | 27.9 | 46.5 | 11.1 | 47.8 | 18.8 | 15.2 | 11.2 | 25.3 | 11.7 |
| Free Cash Flow | (36.2) | (29.3) | (25.4) | (33.3) | (14.5) | (10.9) | (10.1) | (11.2) | (10.3) | (2.6) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||
| Revenue | 33.0 | 38.6 | 41.3 | 44.3 | 33.9 | 26.2 | 21.6 | 16.7 | 14.0 | 12.3 | 9.3 | 7.2 | 6.8 | 5.1 |
| Gross Profit | 26.8 | 31.5 | 36.5 | 39.2 | 30.2 | 23.4 | 19.1 | 14.8 | 12.5 | 11.0 | 8.3 | 6.2 | 6.0 | 4.2 |
| Operating Income | (45.3) | (51.2) | (48.3) | (27.4) | (18.2) | (11.1) | (12.4) | (8.4) | (9.3) | (2.7) | (0.8) | (1.3) | (0.8) | (2.0) |
| Net Income | (44.6) | (41.1) | (37.9) | (23.6) | (19.1) | (11.8) | (12.9) | (8.9) | (9.9) | (3.3) | (1.4) | (1.8) | (1.0) | (2.0) |
| EPS (Diluted) | -0.42 | -0.39 | -0.37 | -0.19 | -0.22 | -0.18 | -0.24 | -0.17 | -0.20 | -0.10 | -0.03 | -1.59 | -0.02 | -0.05 |
| Balance Sheet | ||||||||||||||
| Cash & Equivalents | 20.1 | 27.9 | 46.5 | 11.1 | 47.8 | 18.8 | 15.2 | 11.2 | 25.3 | 11.7 | ||||
| Total Assets | 202.5 | 239.5 | 268.3 | 286.7 | 284.1 | 51.8 | 30.0 | 24.3 | 31.4 | 16.1 | ||||
| Total Debt | 17.9 | 18.0 | 18.7 | 16.1 | 5.7 | 7.0 | 7.2 | 5.1 | 5.0 | 5.0 | ||||
| Stockholders' Equity | 171.5 | 206.3 | 232.2 | 254.0 | 262.9 | 33.2 | 13.6 | 12.3 | 19.6 | 5.1 | ||||
| Cash Flow | ||||||||||||||
| Operating Cash Flow | (34.4) | (27.6) | (21.7) | (14.8) | (10.7) | (8.8) | (8.8) | (10.5) | (9.7) | (2.3) | ||||
| Capital Expenditure | (1.8) | (1.7) | (3.7) | (18.5) | (3.8) | (2.1) | (1.3) | (0.7) | (0.6) | (0.2) | ||||
| Free Cash Flow | (36.2) | (29.3) | (25.4) | (33.3) | (14.5) | (10.9) | (10.1) | (11.2) | (10.3) | (2.6) | ||||