Absci Corp

Company Profile

Absci Corp had its IPO on 2021-07-22 under the ticker symbol ABSI.

The company operates in the Healthcare sector and Biotechnology industry. Absci Corp has a staff strength of 211 employees.

Stock update

Shares of Absci Corp opened at $1.66 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.6 - $1.68, and closed at $1.61.

This is a -3.01% slip from the previous day's closing price.

A total volume of 234,101 shares were traded at the close of the day’s session.

In the last one week, shares of Absci Corp have slipped by -13.9%.

Absci Corp's Key Ratios

Absci Corp has a market cap of $197.73 million, indicating a price to book ratio of 0.8264 and a price to sales ratio of 42.7421.

In the last 12-months Absci Corp’s revenue was $5.64 million with a gross profit of $-39804000 and an EBITDA of $-99703000. The EBITDA ratio measures Absci Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Absci Corp’s operating margin was -1983.57% while its return on assets stood at -17.74% with a return of equity of -32.48%.

In Q3, Absci Corp’s quarterly earnings growth was a positive 0% while revenue growth was a positive 53.9%.

Absci Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.85 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Absci Corp’s profitability.

Absci Corp stock is trading at a EV to sales ratio of 14.6935 and a EV to EBITDA ratio of -0.8411. Its price to sales ratio in the trailing 12-months stood at 42.7421.

Absci Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$339.39 million

Total Liabilities

$30.03 million

Operating Cash Flow

$-78723000.00

Capital Expenditure

$4.87 million

Dividend Payout Ratio

0%

Absci Corp ended 2024 with $339.39 million in total assets and $0 in total liabilities. Its intangible assets were valued at $339.39 million while shareholder equity stood at $292.94 million.

Absci Corp ended 2024 with $756000.00 in deferred long-term liabilities, $30.03 million in other current liabilities, 9000.00 in common stock, $-276458000.00 in retained earnings and $21.34 million in goodwill. Its cash balance stood at $107.32 million and cash and short-term investments were $181.31 million. The company’s total short-term debt was $6,510,000 while long-term debt stood at $6.52 million.

Absci Corp’s total current assets stands at $201.38 million while long-term investments were $0 and short-term investments were $73.99 million. Its net receivables were $210000.00 compared to accounts payable of $1.86 million and inventory worth $0.

In 2024, Absci Corp's operating cash flow was $-78723000.00 while its capital expenditure stood at $4.87 million.

Comparatively, Absci Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1.61

52-Week High

$9.38

52-Week Low

$1.94

Analyst Target Price

$12

Absci Corp stock is currently trading at $1.61 per share. It touched a 52-week high of $9.38 and a 52-week low of $9.38. Analysts tracking the stock have a 12-month average target price of $12.

Its 50-day moving average was $1.82 and 200-day moving average was $2.02 The short ratio stood at 7.35 indicating a short percent outstanding of 0%.

Around 3198.9% of the company’s stock are held by insiders while 4478.9% are held by institutions.