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Dec 31, 2022

AbCellera Q4 2022 Earnings Report

AbCellera reported its Q4 2022 earnings, highlighting a net loss and revenue contribution from royalties and research fees.

Key Takeaways

AbCellera's Q4 2022 saw revenue of $21.5 million, with $9.5 million from royalties and $11.4 million from research fees. The company experienced a net loss of $29.9 million, or ($0.10) per share.

Total revenue for Q4 2022 was $21.5 million.

Royalties from bebtelovimab contributed $9.5 million to Q4 revenue.

Research fees generated $11.4 million in Q4.

Net loss for Q4 was $29.9 million, or ($0.10) per share.

Total Revenue
$21.5M
Previous year: $139M
-84.5%
EPS
-$0.1
Previous year: $0.19
-152.6%
Gross Profit
$20M
Previous year: $117M
-83.0%
Cash and Equivalents
$44.9M
Previous year: $8.2M
+447.6%
Free Cash Flow
$18.6M
Previous year: -$26.1M
-171.1%
Total Assets
$1.54B
Previous year: $1.32B
+16.9%

AbCellera

AbCellera

AbCellera Revenue by Segment

Forward Guidance

No specific forward guidance was provided in the press release.