QTRX - Quanterix Corporation
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$4.00
DETAILS
HIGH:
$4.00
LOW:
$4.00
MEDIAN:
$4.00
CONSENSUS:
$4.00
UPSIDE:
48.70%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||
| Revenue | 138.7 | 135.4 | 121.1 | 105.5 | 110.6 | 86.4 | 56.7 | 37.6 | 22.9 | 17.6 | 12.2 |
| Cost of Revenue | 73.9 | 54.3 | 48.1 | 60.2 | 45.8 | 38.2 | 29.9 | 19.6 | 12.9 | 9.8 | 6.5 |
| Gross Profit | 64.7 | 81.1 | 73.0 | 45.4 | 64.8 | 48.2 | 26.8 | 18.0 | 10.0 | 7.7 | 5.7 |
| Operating Expenses | |||||||||||
| R&D Expenses | 35.9 | 31.1 | 26.1 | 26.8 | 28.4 | 20.2 | 16.2 | 15.3 | 16.3 | 17.0 | 10.1 |
| SG&A Expenses | 138.9 | 104.6 | 92.8 | 91.9 | 92.9 | 59.6 | 52.2 | 33.8 | 19.7 | 12.5 | 10.2 |
| Other Expenses | (0.2) | (2.0) | 0.1 | 31.0 | 0 | 0 | 0 | (0.0) | (0.1) | (0.2) | 0 |
| Operating Expenses | 174.5 | 133.7 | 119.0 | 149.6 | 121.3 | 79.8 | 68.4 | 49.1 | 36.0 | 29.5 | 20.2 |
| Operating Income | |||||||||||
| Operating Income | (109.8) | (52.6) | (46.0) | (104.3) | (56.5) | (31.6) | (41.6) | (31.6) | (26.0) | (21.7) | (14.5) |
| Interest Expense | 0 | 0 | 0 | 0 | 0.4 | 0.3 | 0 | 0 | 1.0 | 1.3 | 1.0 |
| Interest Income | 8.6 | 14.7 | 15.8 | 5.1 | 0 | 0 | 0.6 | 0.0 | 0.0 | 0 | 0 |
| Profitability | |||||||||||
| EBITDA | (90.9) | (44.3) | (36.4) | (67.9) | (51.6) | (27.3) | (38.6) | (30.2) | (25.6) | (21.4) | (14.5) |
| EBIT | (109.8) | (52.6) | (44.7) | (73.3) | (56.5) | (31.6) | (41.6) | (31.6) | (26.1) | (21.9) | (14.9) |
| Income Before Tax | (112.3) | (38.1) | (27.6) | (99.4) | (55.6) | (31.9) | (41.0) | (31.0) | (27.0) | (23.2) | (15.9) |
| Income Tax Expense | (5.1) | 0.4 | 0.7 | 0.2 | (0.0) | (0.4) | (0.2) | 0.0 | 0 | 0 | 0 |
| Net Income | (107.2) | (38.5) | (28.4) | (99.6) | (55.5) | (31.5) | (40.8) | (31.0) | (27.0) | (23.2) | (15.9) |
| Per Share Data | |||||||||||
| EPS (Basic) | -2.51 | -1.00 | -0.86 | -2.61 | -1.60 | -1.07 | -1.63 | -1.41 | -1.24 | -1.43 | -7.79 |
| EPS (Diluted) | -2.51 | -1.00 | -0.86 | -2.61 | -1.60 | -1.07 | -1.63 | -1.39 | -1.24 | -1.43 | -7.79 |
| Shares Outstanding | 42.6 | 38.4 | 37.6 | 37.0 | 36.0 | 29.6 | 25.1 | 22.0 | 21.7 | 16.2 | 2.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 29.8 | 56.7 | 174.4 | 338.7 | 396.5 | 181.6 | 109.2 | 45.4 | 79.7 | 29.7 |
| Short-Term Investments | 88.4 | 232.4 | 146.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 30.0 | 32.1 | 25.4 | 19.0 | 23.8 | 17.2 | 10.9 | 6.8 | 5.6 | 3.9 |
| Inventory | 54.8 | 32.8 | 26.1 | 17.0 | 22.2 | 14.9 | 10.5 | 6.0 | 3.6 | 1.5 |
| Other Current Assets | 9.3 | 9.6 | 9.2 | 6.8 | 6.5 | 0 | 0 | 2.3 | 0.4 | 0.1 |
| Total Current Assets | 212.3 | 363.6 | 382.1 | 381.5 | 449.0 | 219.6 | 132.7 | 60.5 | 89.3 | 35.2 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 40.3 | 33.5 | 36.2 | 41.0 | 29.5 | 25.9 | 12.0 | 2.9 | 1.9 | 1.2 |
| Goodwill | 26.4 | 0 | 0 | 0 | 9.6 | 10.5 | 9.4 | 1.3 | 0 | 0 |
| Intangible Assets | 131.8 | 4.0 | 6.0 | 7.5 | 10.5 | 13.7 | 14.3 | 2.3 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 2.6 | 2.6 | 0 | 1.0 | 1 | 0.7 | 0.4 |
| Other Non-Current Assets | 8.0 | 5.4 | 4.3 | (6.9) | 0.4 | 1.4 | (1.7) | 0.5 | (0.0) | 0.3 |
| Total Non-Current Assets | 206.5 | 42.9 | 46.5 | 52.1 | 57.6 | 51.4 | 37.3 | 7.1 | 2.5 | 1.9 |
| Total Assets | 418.8 | 406.5 | 428.6 | 433.6 | 506.5 | 271.0 | 170.0 | 67.6 | 91.8 | 37.1 |
| Current Liabilities | ||||||||||
| Account Payables | 13.6 | 7.0 | 5.0 | 3.8 | 9.2 | 6.8 | 5.8 | 5.1 | 3.6 | 2.5 |
| Short-Term Debt | 0 | 0 | 0 | 2.7 | 1.4 | 7.7 | 0.1 | 0 | 5.0 | 0.9 |
| Deferred Revenue | 20.7 | 8.8 | 9.5 | 8.6 | 6.4 | 5.4 | 4.7 | 5.4 | 4.9 | 3.4 |
| Other Current Liabilities | 21.8 | 12.6 | 14.2 | 5.1 | 6.7 | 13.8 | 2.7 | 3.1 | 3.6 | 2.4 |
| Total Current Liabilities | 74.8 | 42.0 | 39.0 | 31.3 | 37.0 | 39.8 | 19.8 | 17.7 | 19.7 | 11.0 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 7.6 | 7.6 | 4.3 | 9.3 |
| Deferred Tax Liabilities | 8.1 | 0.8 | 1.2 | 9.2 | 7.0 | 2.6 | 2.8 | 0 | 0 | 2.8 |
| Other Non-Current Liabilities | 5.0 | 0 | 0 | (7.8) | 0 | 0 | 10.6 | 0.3 | 0.1 | (2.6) |
| Total Non-Current Liabilities | 48.3 | 34.5 | 39.6 | 44.3 | 28.6 | 25.1 | 21.5 | 8.4 | 6.2 | 12.7 |
| Total Liabilities | 123.0 | 76.5 | 78.6 | 75.7 | 65.6 | 64.9 | 41.3 | 26.1 | 25.9 | 23.6 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (577.2) | (470.1) | (431.6) | (403.2) | (305.5) | (247.8) | (216.2) | (175.9) | (144.4) | (115.1) |
| Accumulated Other Comprehensive Income | (0.7) | (3.1) | (1.7) | (2.5) | 0.4 | 2.4 | (0.2) | (3.0) | (2.4) | (2.0) |
| Total Stockholders' Equity | 295.7 | 330.0 | 350.0 | 357.9 | 441.0 | 206.1 | 128.7 | 41.6 | 65.9 | 13.5 |
| Total Liabilities & Equity | 418.8 | 406.5 | 428.6 | 433.6 | 506.5 | 271.0 | 170.0 | 67.6 | 91.8 | 37.1 |
| Debt Metrics | ||||||||||
| Total Debt | 37.2 | 37.4 | 41.5 | 44.1 | 21.9 | 30.8 | 7.7 | 7.6 | 9.4 | 10.2 |
| Net Debt | 7.4 | (19.3) | (133.0) | (294.6) | (374.6) | (150.8) | (101.5) | (37.8) | (70.3) | (19.4) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (107.2) | (38.5) | (32.3) | (96.7) | (57.7) | (31.5) | (40.8) | (31.5) | (27.0) | (23.2) |
| Depreciation & Amortization | 18.9 | 8.4 | 8.4 | 5.3 | 4.9 | 4.3 | 3.0 | 1.4 | 0.5 | 0.4 |
| Stock-Based Compensation | 20.7 | 20.0 | 16.8 | 15.4 | 16.0 | 10.1 | 6.4 | 4.9 | 2.2 | 0.9 |
| Change in Working Capital | (2.4) | (18.8) | (11.8) | 2.1 | (12.2) | (7.5) | 4.4 | (3.6) | 1.9 | 1.3 |
| Other Non-Cash Items | (1.5) | (6.2) | 0.1 | 25.8 | 0.3 | 0.8 | 0.7 | 0.2 | 0.2 | 2.5 |
| Operating Cash Flow | (77.2) | (35.2) | (18.9) | (48.3) | (47.9) | (23.4) | (26.2) | (28.7) | (22.1) | (17.7) |
| Investing Activities | ||||||||||
| Capital Expenditure | (2.6) | (3.4) | (3.8) | (11.7) | (13.6) | (3.9) | (10.8) | (1.5) | (1.1) | (0.5) |
| Acquisitions | (93.2) | 0 | 0 | 0 | 0 | 0 | (14.5) | (3.8) | 0 | (0.3) |
| Purchases of Investments | (69.8) | (295.6) | (175.6) | 0 | 0 | 0 | 0 | (0.1) | 0 | (0.3) |
| Sales/Maturities of Investments | 215.8 | 216.7 | 31 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0.5 | 7.3 | 3.3 | 0 | 0.0 | 0 | 0 |
| Investing Cash Flow | 50.2 | (82.3) | (148.4) | (11.2) | (6.3) | (0.6) | (25.4) | (5.5) | (1.1) | (0.8) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | (7.7) | (0.1) | (0.1) | (1.9) | (1.0) | 0.3 |
| Stock Repurchased | 0 | 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 | (1.4) | (2.6) | (0.2) | 0 | 8.8 | 4.9 | 3.7 | 1.9 | 0.2 | 0.2 |
| Financing Cash Flow | (0.7) | 0.5 | 2.7 | 2.3 | 270.8 | 96.2 | 116.2 | (0.1) | 73.2 | 45.9 |
| Cash Position | ||||||||||
| Net Change in Cash | (26.1) | (117.7) | (164.3) | (57.7) | 216.5 | 72.4 | 64.8 | (34.3) | 50.0 | 27.3 |
| Cash at Beginning | 59.3 | 177.0 | 341.3 | 399.0 | 182.6 | 110.2 | 45.4 | 79.7 | 29.7 | 2.3 |
| Cash at End | 33.2 | 59.3 | 177.0 | 341.3 | 399.0 | 182.6 | 110.2 | 45.4 | 79.7 | 29.7 |
| Free Cash Flow | (79.8) | (38.5) | (22.7) | (60.0) | (61.5) | (27.3) | (37.0) | (30.2) | (23.2) | (18.3) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 138.7 | 135.4 | 121.1 | 105.5 | 110.6 | 86.4 | 56.7 | 37.6 | 22.9 | 17.6 | 12.2 |
| Gross Profit | 64.7 | 81.1 | 73.0 | 45.4 | 64.8 | 48.2 | 26.8 | 18.0 | 10.0 | 7.7 | 5.7 |
| Operating Income | (109.8) | (52.6) | (46.0) | (104.3) | (56.5) | (31.6) | (41.6) | (31.6) | (26.0) | (21.7) | (14.5) |
| Net Income | (107.2) | (38.5) | (28.4) | (99.6) | (55.5) | (31.5) | (40.8) | (31.0) | (27.0) | (23.2) | (15.9) |
| EPS (Diluted) | -2.51 | -1.00 | -0.86 | -2.61 | -1.60 | -1.07 | -1.63 | -1.39 | -1.24 | -1.43 | -7.79 |
| Balance Sheet | |||||||||||
| Cash & Equivalents | 29.8 | 56.7 | 174.4 | 338.7 | 396.5 | 181.6 | 109.2 | 45.4 | 79.7 | 29.7 | |
| Total Assets | 418.8 | 406.5 | 428.6 | 433.6 | 506.5 | 271.0 | 170.0 | 67.6 | 91.8 | 37.1 | |
| Total Debt | 37.2 | 37.4 | 41.5 | 44.1 | 21.9 | 30.8 | 7.7 | 7.6 | 9.4 | 10.2 | |
| Stockholders' Equity | 295.7 | 330.0 | 350.0 | 357.9 | 441.0 | 206.1 | 128.7 | 41.6 | 65.9 | 13.5 | |
| Cash Flow | |||||||||||
| Operating Cash Flow | (77.2) | (35.2) | (18.9) | (48.3) | (47.9) | (23.4) | (26.2) | (28.7) | (22.1) | (17.7) | |
| Capital Expenditure | (2.6) | (3.4) | (3.8) | (11.7) | (13.6) | (3.9) | (10.8) | (1.5) | (1.1) | (0.5) | |
| Free Cash Flow | (79.8) | (38.5) | (22.7) | (60.0) | (61.5) | (27.3) | (37.0) | (30.2) | (23.2) | (18.3) | |