Twist Bioscience Corporation logo TWST - Twist Bioscience Corporation

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 11
HOLD 1
SELL 1
STRONG
SELL
0
| PRICE TARGET: $64.40 DETAILS
HIGH: $80.00
LOW: $52.00
MEDIAN: $65.00
CONSENSUS: $64.40
UPSIDE: 6.32%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue
Revenue 376.6 313.0 245.1 203.6 132.3 90.1 54.4 25.4 10.8 2.3
Cost of Revenue 185.6 179.6 155.4 119.3 80.6 61.4 47.4 32.2 24.0 9.4
Gross Profit 191.0 133.3 89.7 84.2 51.7 28.7 7.0 (6.8) (13.3) (7.2)
Operating Expenses
R&D Expenses 80.3 90.9 106.9 120.3 69.1 43.0 35.7 20.3 19.2 18.2
SG&A Expenses 247.0 218.4 189.7 212.9 135.9 103.3 80.1 43.5 26.1 18.3
Other Expenses 0 44.9 10.3 (14.2) (0.5) 22.5 (0.3) (0.1) (0.1) 0.1
Operating Expenses 327.3 354.2 306.9 319.0 204.4 168.8 115.8 63.8 45.2 36.5
Operating Income
Operating Income (136.3) (220.8) (217.2) (234.8) (152.7) (140.1) (108.8) (70.6) (58.5) (43.7)
Interest Expense 0 0.0 0.0 0.1 0.4 0.8 1.3 1.3 0.9 0.7
Interest Income 11.4 15.3 14.4 3.1 0.4 1.5 3.0 1.0 0.4 0.2
Profitability
EBITDA (52.1) (176.7) (174.2) (211.7) (143.9) (132.1) (99.8) (64.0) (53.1) (39.1)
EBIT (77.0) (208.1) (203.5) (228.2) (153.7) (138.8) (106.1) (69.7) (58.1) (43.3)
Income Before Tax (77.0) (208.2) (203.5) (228.3) (154.0) (139.5) (107.4) (71.0) (59.0) (44.1)
Income Tax Expense 0.7 0.6 1.2 (10.4) (1.9) 0.4 0.3 0.2 0.3 0
Net Income (77.7) (208.7) (204.6) (217.9) (152.1) (139.9) (107.7) (71.2) (59.3) (44.1)
Per Share Data
EPS (Basic) -1.30 -3.60 -3.60 -4.04 -3.15 -3.57 -3.92 -2.68 -3.16 -2.35
EPS (Diluted) -1.30 -3.60 -3.60 -4.04 -3.15 -3.57 -3.92 -2.68 -3.16 -2.35
Shares Outstanding 59.8 58.0 56.9 53.9 48.3 39.2 27.5 26.6 18.8 18.8
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Current Assets
Cash & Cash Equivalents 183.0 226.3 286.5 378.7 465.8 93.7 46.7 80.8 31.2 28.6
Short-Term Investments 49.4 50.1 49.9 126.3 12.0 196.3 91.4 0 31.0 27.3
Net Receivables 57.0 34.9 44.1 40.3 28.5 25.4 12.1 5.4 2.3 0.7
Inventory 28.3 24.1 32.1 39.3 31.8 12.3 7.3 6.0 1.8 1.2
Other Current Assets 0 11.4 11.7 0 0 1.0 0 3.5 0 0
Total Current Assets 333.0 346.8 424.3 596.5 546.5 334.9 160.1 95.7 67.9 59.0
Non-Current Assets
Property, Plant & Equipment 151.7 161.3 203.4 214.4 105.7 59.2 20.8 12.3 14.8 14.6
Goodwill 82.2 85.8 85.8 85.8 22.4 1.1 1.1 1.1 1.1 1.1
Intangible Assets 13.4 14.5 54.5 59.7 18.3 0.3 0.5 0.7 0.9 1.1
Long-Term Investments 54.3 0 0 0 0 0 0.6 0.6 0.2 0.3
Other Non-Current Assets 7.3 5.9 8.5 5.0 9.2 3.4 4.4 5.9 0.9 0.5
Total Non-Current Assets 308.9 267.5 352.1 364.9 155.6 64.0 26.9 20.1 17.8 17.4
Total Assets 641.9 614.3 776.4 961.4 702.1 398.9 187.0 115.8 85.7 76.5
Current Liabilities
Account Payables 11.1 1.6 14.1 20.1 14.9 4.8 9.8 7.5 2.8 2.3
Short-Term Debt 13.8 0 0 0 1.6 3.3 3.3 2.5 0 1.4
Deferred Revenue 6.9 2.1 0 3.5 1.1 0 16.4 7.6 0 4.6
Other Current Liabilities 23.8 34.6 18.6 39.6 28.4 2.6 0.8 3.1 3.2 0.4
Total Current Liabilities 91.4 71.0 73.3 90.7 63.1 36.0 30.4 18.5 9.5 8.7
Non-Current Liabilities
Long-Term Debt 61.8 0 0 0 0 1.4 4.4 7.2 9.2 9.8
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities (46.0) 0.4 0.5 0.1 5.1 0.4 0.2 291.5 200.4 134.6
Total Non-Current Liabilities 77.5 70.6 79.6 81.3 58.2 26.6 4.6 298.7 209.5 144.4
Total Liabilities 168.9 141.6 153.0 172.0 121.3 62.6 34.9 317.2 219.0 153.1
Stockholders' Equity
Common Stock 0 0 0 0 0 0 0 0 0 0
Retained Earnings (1,319.6) (1,241.9) (1,033.0) (828.4) (610.6) (458.5) (318.5) (210.9) (139.6) (80.3)
Accumulated Other Comprehensive Income (0.6) (0.5) (0.8) (1.8) 0.5 0.1 0.2 0.1 0.0 0.0
Total Stockholders' Equity 473.0 472.7 623.4 789.4 580.8 336.3 152.1 (201.4) (133.4) (76.6)
Total Liabilities & Equity 641.9 614.3 776.4 961.4 702.1 398.9 187.0 115.8 85.7 76.5
Debt Metrics
Total Debt 137.3 85.0 94.1 94.9 62.9 36.0 7.7 9.7 9.2 11.2
Net Debt (45.7) (141.3) (192.4) (283.8) (402.9) (57.7) (39.0) (71.0) (22.1) (17.4)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income (77.7) (208.7) (204.6) (217.9) (152.1) (139.9) (107.7) (71.2) (59.3) (44.1)
Depreciation & Amortization 24.9 31.4 29.3 16.5 9.8 6.7 6.1 5.7 5.0 4.2
Stock-Based Compensation 64.5 50.9 30.3 79.7 37.0 17.1 11.2 3.0 1.9 0.9
Change in Working Capital (12.6) 15.4 (1.0) (5.4) (9.4) (25.2) 3.0 (4.2) (0.1) 0.2
Other Non-Cash Items (46.7) 46.9 4.0 2.7 2.5 (0.7) 0.5 0.6 0.5 0.2
Operating Cash Flow (47.6) (64.1) (142.5) (124.4) (112.2) (142.3) (87.9) (66.2) (51.3) (38.6)
Investing Activities
Capital Expenditure (28.0) (5.1) (27.8) (101.9) (27.1) (9.9) (14.8) (3.7) (6.6) (6.2)
Acquisitions 2.5 0 5.9 (8.2) (0.5) 104.8 0.0 0.0 0.3 0.3
Purchases of Investments (49.4) (51.9) (76.3) (217.6) (58.8) (202.9) (177.6) (3.5) (40.6) (27.3)
Sales/Maturities of Investments 50.1 53.9 154.7 100.5 242.5 98.1 87.5 34.5 36.9 0
Other Investing Activities 0 0 (5.9) (5.8) 0 (104.8) (90.1) (0.4) 0.1 0.2
Investing Cash Flow (24.8) (3.1) 50.6 (232.9) 156.2 (114.7) (104.8) 26.9 (9.9) (33.3)
Financing Activities
Net Debt Issuance 0 0 0 (1.6) (3.3) (3.3) (2.5) 0 (2.0) 7.2
Stock Repurchased (0.0) (4.0) (4.4) (7.8) (10.8) (2.4) 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 15 10.9 5.3 10.0 19.5 13.9 4.9 (2.0) 0.2 62.4
Financing Cash Flow 28.5 6.9 0.9 270.5 329.2 303.7 158.6 88.8 63.8 69.6
Cash Position
Net Change in Cash (43.3) (60.1) (91.0) (87.1) 373.1 46.8 (34.1) 49.5 2.6 (2.3)
Cash at Beginning 226.3 289.3 380.3 467.4 94.2 47.4 81.5 31.2 28.6 30.9
Cash at End 183.0 229.1 289.3 380.3 467.4 94.2 47.4 80.8 31.2 28.6
Free Cash Flow (75.6) (69.2) (170.3) (226.2) (139.3) (152.1) (102.7) (69.9) (57.9) (44.8)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Income Statement
Revenue 376.6 313.0 245.1 203.6 132.3 90.1 54.4 25.4 10.8 2.3
Gross Profit 191.0 133.3 89.7 84.2 51.7 28.7 7.0 (6.8) (13.3) (7.2)
Operating Income (136.3) (220.8) (217.2) (234.8) (152.7) (140.1) (108.8) (70.6) (58.5) (43.7)
Net Income (77.7) (208.7) (204.6) (217.9) (152.1) (139.9) (107.7) (71.2) (59.3) (44.1)
EPS (Diluted) -1.30 -3.60 -3.60 -4.04 -3.15 -3.57 -3.92 -2.68 -3.16 -2.35
Balance Sheet
Cash & Equivalents 183.0 226.3 286.5 378.7 465.8 93.7 46.7 80.8 31.2 28.6
Total Assets 641.9 614.3 776.4 961.4 702.1 398.9 187.0 115.8 85.7 76.5
Total Debt 137.3 85.0 94.1 94.9 62.9 36.0 7.7 9.7 9.2 11.2
Stockholders' Equity 473.0 472.7 623.4 789.4 580.8 336.3 152.1 (201.4) (133.4) (76.6)
Cash Flow
Operating Cash Flow (47.6) (64.1) (142.5) (124.4) (112.2) (142.3) (87.9) (66.2) (51.3) (38.6)
Capital Expenditure (28.0) (5.1) (27.8) (101.9) (27.1) (9.9) (14.8) (3.7) (6.6) (6.2)
Free Cash Flow (75.6) (69.2) (170.3) (226.2) (139.3) (152.1) (102.7) (69.9) (57.9) (44.8)