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Complete financial analysis of Cytek Biosciences, Inc. (CTKB) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Cytek Biosciences, Inc., a leading company in the Medical – Devices industry within the Healthcare sector.
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Cytek Biosciences, Inc. (CTKB)
About Cytek Biosciences, Inc.
Cytek Biosciences, Inc., a cell analysis solutions company, provides cell analysis tools that facilitates scientific advances in biomedical research and clinical applications. It offers aurora and northern lights systems, which are spectrum flow cytometers that delivers cell analysis by utilizing the fluorescence signatures from multiple lasers to distinguish fluorescent tags on single cells; and aurora cell sorter system, which leverages full spectrum profiling technology to further broaden potential applications across cell analysis. The company also provides reagents and kits, including cFluor reagents, which are fluorochrome conjugated antibodies used to identify cells of interest for analysis on its instruments, as well as 25-color immunoprofiling assay that provides turnkey solutions for identifying major human immune subpopulations for TBNK cells, monocytes, dendritic cells, and basophils. In addition, it offers automated micro-sampling system and automated sample loader system, which are automated plate loaders to integrate seamlessly into the aurora and northern lights systems; SpectroFlo software that provides intuitive workflow from quality control to data analysis for aurora and northern lights systems; and customer support tools. The company serves pharmaceutical and biopharma companies, academic research centers, and clinical research organizations. It distributes its products through direct sales force and support organizations in North America, Europe, China, and the Asia-Pacific region; and through distributors or sales agents in European, Latin American, the Middle Eastern, and the Asia-Pacific countries. The company was formerly known as Cytoville, Inc. and changed its name to Cytek Biosciences, Inc. in August 2015. Cytek Biosciences, Inc. was founded in 1992 and is headquartered in Fremont, California.
Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Revenue | 193.02M | 164.04M | 127.95M | 92.84M | 57.88M |
Cost of Revenue | 83.59M | 63.06M | 48.81M | 41.13M | 29.21M |
Gross Profit | 109.43M | 100.97M | 79.14M | 51.71M | 28.67M |
Gross Profit Ratio | 56.69% | 61.56% | 61.86% | 55.70% | 49.54% |
Research & Development | 44.15M | 34.86M | 24.44M | 13.69M | 8.93M |
General & Administrative | 43.97M | 34.69M | 20.83M | 9.37M | 6.74M |
Selling & Marketing | 49.15M | 33.23M | 24.71M | 14.99M | 10.24M |
SG&A | 91.62M | 67.92M | 45.54M | 24.36M | 16.98M |
Other Expenses | 0.00 | 1.02M | -1.53M | 994.00K | 252.00K |
Operating Expenses | 137.27M | 102.78M | 69.98M | 38.05M | 25.91M |
Cost & Expenses | 220.86M | 165.84M | 118.78M | 79.18M | 55.12M |
Interest Income | 6.41M | 4.62M | 49.00K | 110.00K | 711.00K |
Interest Expense | 2.07M | 2.57M | 1.74M | 333.00K | 1.00K |
Depreciation & Amortization | 9.23M | 5.70M | 1.24M | 603.00K | 309.00K |
EBITDA | -4.41M | 9.54M | 10.40M | 15.37M | -15.98M |
EBITDA Ratio | -2.28% | 2.34% | 6.01% | 16.55% | 6.97% |
Operating Income | -27.85M | -1.83M | 6.45M | 13.66M | 3.73M |
Operating Income Ratio | -14.43% | -1.11% | 5.04% | 14.71% | 6.44% |
Total Other Income/Expenses | 12.14M | 3.06M | -3.22M | 771.00K | 962.00K |
Income Before Tax | -15.71M | 1.26M | 5.95M | 14.43M | -16.29M |
Income Before Tax Ratio | -8.14% | 0.77% | 4.65% | 15.54% | -28.15% |
Income Tax Expense | -3.56M | -1.22M | 1.51M | -4.98M | 533.00K |
Net Income | -12.15M | 2.58M | 4.42M | 19.41M | -16.83M |
Net Income Ratio | -6.29% | 1.57% | 3.45% | 20.91% | -29.07% |
EPS | -0.09 | 0.02 | 0.03 | 0.02 | -0.13 |
EPS Diluted | -0.09 | 0.02 | 0.03 | 0.02 | -0.13 |
Weighted Avg Shares Out | 135.28M | 134.51M | 133.75M | 132.99M | 132.99M |
Weighted Avg Shares Out (Dil) | 135.28M | 138.56M | 133.75M | 132.99M | 132.99M |
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Cytek Biosciences, Inc. (CTKB) Q1 2024 Earnings Call Transcript
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Cytek Biosciences Reports First Quarter 2024 Financial Results
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Source: https://incomestatements.info
Category: Stock Reports