OABI - OmniAb, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$4.00
DETAILS
HIGH:
$4.00
LOW:
$4.00
MEDIAN:
$4.00
CONSENSUS:
$4.00
UPSIDE:
50.94%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 18.7 | 26.4 | 34.2 | 59.1 | 34.7 | 23.3 | 18.3 |
| Cost of Revenue | 22.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | (3.4) | 26.4 | 34.2 | 59.1 | 34.7 | 23.3 | 18.3 |
| Operating Expenses | |||||||
| R&D Expenses | 47.8 | 55.1 | 56.5 | 48.4 | 39.2 | 24.8 | 13.2 |
| SG&A Expenses | 29.2 | 30.7 | 33.3 | 24.9 | 16.9 | 10.2 | 8.7 |
| Other Expenses | (8.8) | 15.0 | 13.7 | 12.5 | 14.2 | 13.9 | 9.5 |
| Operating Expenses | 68.1 | 100.9 | 103.6 | 85.7 | 70.4 | 48.9 | 31.3 |
| Operating Income | |||||||
| Operating Income | (71.5) | (74.5) | (69.4) | (26.6) | (35.6) | (25.6) | (13.0) |
| Interest Expense | 0 | 0 | 0 | 0 | 0.0 | 0.0 | 0 |
| Interest Income | 2.7 | 3.1 | 5.1 | 0.6 | 0 | 0 | 0 |
| Profitability | |||||||
| EBITDA | (49.8) | (50.9) | (49.9) | (8.4) | (18.1) | (10.9) | (3.3) |
| EBIT | (71.5) | (74.5) | (69.4) | (26.6) | (34.3) | (23.6) | (13.8) |
| Income Before Tax | (66.3) | (71.4) | (64.4) | (26.1) | (34.4) | (23.7) | (13.0) |
| Income Tax Expense | (1.5) | (9.4) | (13.7) | (3.7) | (7.3) | (6.2) | 0.6 |
| Net Income | (64.8) | (62.0) | (50.6) | (22.3) | (27.0) | (17.6) | (13.6) |
| Per Share Data | |||||||
| EPS (Basic) | -0.57 | -0.61 | -0.51 | -0.26 | -0.24 | -0.15 | -0.12 |
| EPS (Diluted) | -0.57 | -0.61 | -0.51 | -0.26 | -0.24 | -0.15 | -0.12 |
| Shares Outstanding | 113.6 | 102.4 | 99.7 | 85.3 | 114.8 | 114.8 | 114.8 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 25.5 | 27.6 | 16.4 | 33.4 | 0 | 0 | 0 |
| Short-Term Investments | 28.5 | 31.8 | 70.6 | 54.9 | 0 | 0 | 0 |
| Net Receivables | 7.4 | 5.3 | 3.8 | 30.3 | 21.1 | 15.9 | 7.8 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 3.9 | 3.4 | 4.1 | 6.4 | 1.4 | 0.8 | 0.0 |
| Total Current Assets | 65.3 | 68.1 | 94.9 | 125.0 | 22.5 | 16.6 | 7.8 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 25.0 | 33.3 | 38.1 | 41.5 | 20.1 | 6.0 | 4.3 |
| Goodwill | 84.0 | 84.0 | 84.0 | 84.0 | 84.0 | 84.0 | 77.1 |
| Intangible Assets | 125.1 | 138.1 | 155.5 | 167.2 | 176.3 | 186.6 | 173.0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.5 | 2.1 | 2.7 | 3.6 | 1.5 | 2.1 | 0.1 |
| Total Non-Current Assets | 235.6 | 257.4 | 280.3 | 296.3 | 281.9 | 278.7 | 254.5 |
| Total Assets | 300.9 | 325.6 | 375.2 | 421.2 | 304.5 | 295.4 | 262.3 |
| Current Liabilities | |||||||
| Account Payables | 1.9 | 2.3 | 4.4 | 3.0 | 2.9 | 0.5 | 0.8 |
| Short-Term Debt | 3.9 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 3.2 | 2.3 | 6.8 | 8.2 | 10.8 | 7.2 | 0 |
| Other Current Liabilities | 7.3 | 6.7 | 7.8 | 8.2 | 4.9 | 3.8 | 4.5 |
| Total Current Liabilities | 16.3 | 15.1 | 23.1 | 26.0 | 20.6 | 14.3 | 6.1 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0.8 | 2.3 | 11.4 | 21.3 | 22.0 | 28.9 | 0 |
| Other Non-Current Liabilities | 0.4 | 1.0 | 3.2 | 4.1 | 5.1 | 6.4 | 35.7 |
| Total Non-Current Liabilities | 17.6 | 22.9 | 37.5 | 53.8 | 49.6 | 45.6 | 38.0 |
| Total Liabilities | 33.9 | 37.9 | 60.6 | 79.8 | 70.2 | 59.8 | 44.1 |
| Stockholders' Equity | |||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0 | 218.2 |
| Retained Earnings | (166.2) | (101.4) | (39.4) | 11.3 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0.0 | 0.0 | 0.1 | 0.0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 267.0 | 287.6 | 314.6 | 341.4 | 234.3 | 235.5 | 218.2 |
| Total Liabilities & Equity | 300.9 | 325.6 | 375.2 | 421.2 | 304.5 | 295.4 | 262.3 |
| Debt Metrics | |||||||
| Total Debt | 20.3 | 23.2 | 25.6 | 25.8 | 13.8 | 2.6 | 2.6 |
| Net Debt | (5.2) | (4.4) | 9.2 | (7.6) | 13.8 | 2.6 | 2.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | (64.8) | (62.0) | (50.6) | (22.3) | (27.0) | (17.6) | (13.6) |
| Depreciation & Amortization | 21.8 | 23.6 | 19.5 | 18.2 | 16.3 | 13.1 | 10.9 |
| Stock-Based Compensation | 15.8 | 21.5 | 24.8 | 18.3 | 15.1 | 9.2 | 6.7 |
| Change in Working Capital | (5.0) | (10.2) | 24.9 | (10.8) | (2.6) | 4.7 | (8.9) |
| Other Non-Cash Items | (4.3) | (3.5) | (3.7) | (0.6) | 0.0 | 0.3 | (0.8) |
| Operating Cash Flow | (36.5) | (39.7) | 2.3 | (3.6) | (5.7) | 3.6 | (5.2) |
| Investing Activities | |||||||
| Capital Expenditure | (0.6) | (1.9) | (1.6) | (17.2) | (4.1) | (1.8) | (0.3) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | (27.1) | (11.8) |
| Purchases of Investments | (46.9) | (40.3) | (112.6) | (54.8) | 0 | 0 | 0 |
| Sales/Maturities of Investments | 50.9 | 80.4 | 100.3 | 0.1 | 1.3 | 0 | 0 |
| Other Investing Activities | 3 | (0.4) | (4.4) | (1.4) | (1.2) | 1.9 | 0 |
| Investing Cash Flow | 6.5 | 37.9 | (18.4) | (73.3) | (4.0) | (27.0) | (12.1) |
| Financing Activities | |||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (0.5) | 1.7 | (0.9) | 14.5 | 9.7 | 23.4 | 17.3 |
| Financing Cash Flow | 27.9 | 13.0 | (0.9) | 110.7 | 9.7 | 23.4 | 17.3 |
| Cash Position | |||||||
| Net Change in Cash | (2.1) | 11.2 | (16.9) | 33.8 | 0 | 0 | 0 |
| Cash at Beginning | 28.2 | 16.9 | 33.8 | 0 | 0 | 0 | 0 |
| Cash at End | 26.1 | 28.2 | 16.9 | 33.8 | 0 | 0 | 0 |
| Free Cash Flow | (37.0) | (41.5) | 0.7 | (20.8) | (9.7) | 1.9 | (5.5) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 18.7 | 26.4 | 34.2 | 59.1 | 34.7 | 23.3 | 18.3 |
| Gross Profit | (3.4) | 26.4 | 34.2 | 59.1 | 34.7 | 23.3 | 18.3 |
| Operating Income | (71.5) | (74.5) | (69.4) | (26.6) | (35.6) | (25.6) | (13.0) |
| Net Income | (64.8) | (62.0) | (50.6) | (22.3) | (27.0) | (17.6) | (13.6) |
| EPS (Diluted) | -0.57 | -0.61 | -0.51 | -0.26 | -0.24 | -0.15 | -0.12 |
| Balance Sheet | |||||||
| Cash & Equivalents | 25.5 | 27.6 | 16.4 | 33.4 | 0 | 0 | 0 |
| Total Assets | 300.9 | 325.6 | 375.2 | 421.2 | 304.5 | 295.4 | 262.3 |
| Total Debt | 20.3 | 23.2 | 25.6 | 25.8 | 13.8 | 2.6 | 2.6 |
| Stockholders' Equity | 267.0 | 287.6 | 314.6 | 341.4 | 234.3 | 235.5 | 218.2 |
| Cash Flow | |||||||
| Operating Cash Flow | (36.5) | (39.7) | 2.3 | (3.6) | (5.7) | 3.6 | (5.2) |
| Capital Expenditure | (0.6) | (1.9) | (1.6) | (17.2) | (4.1) | (1.8) | (0.3) |
| Free Cash Flow | (37.0) | (41.5) | 0.7 | (20.8) | (9.7) | 1.9 | (5.5) |