See more : MedTech Acquisition Corporation (MTAC) Income Statement Analysis – Financial Results
Complete financial analysis of Bio-Techne Corporation (TECH) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Bio-Techne Corporation, a leading company in the Biotechnology industry within the Healthcare sector.
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Bio-Techne Corporation (TECH)
About Bio-Techne Corporation
Bio-Techne Corporation, together with its subsidiaries, develops, manufactures, and sells life science reagents, instruments, and services for the research and clinical diagnostic markets worldwide. The company operates through two segments, Protein Sciences, and Diagnostics and Genomics. The Protein Sciences segment develops and manufactures biological reagents used in various aspects of life science research, diagnostics, and cell and gene therapy, such as cytokines and growth factors, antibodies, small molecules, tissue culture sera, and cell selection technologies. This segment also offers proteomic analytical tools for automated western blot and multiplexed ELISA workflow consists of manual and automated protein analysis instruments and immunoassays for use in quantifying proteins in various biological fluids. The Diagnostics and Genomics segment develops and manufactures diagnostic products, including controls, calibrators, and diagnostic assays for regulated diagnostics market, exosome-based molecular diagnostic assays, advanced tissue-based in-situ hybridization assays for spatial genomic and tissue biopsy analysis, and genetic and oncology kits for research and clinical applications; and sells products for genetic carrier screening, oncology diagnostics, molecular controls, and research, as well as instruments and process control products for hematology, blood chemistry and gases, and coagulation controls and reagents used in various diagnostic applications. It offers its products under R&D Systems, Tocris Biosciences, Novus Biologicals, ProteinSimple, Advanced Cell Diagnostics, Exosome Diagnostics, and Asuragen brands. The company was formerly known as Techne Corporation and changed its name to Bio-Techne Corporation in November 2014. Bio-Techne Corporation was founded in 1976 and is headquartered in Minneapolis, Minnesota.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.16B | 1.14B | 1.11B | 931.03M | 738.69M | 714.01M | 642.99M | 563.00M | 499.02M | 452.25M | 357.76M | 310.58M | 314.56M | 289.96M | 269.05M | 263.96M | 257.42M | 223.48M | 202.62M | 178.65M | 161.26M | 145.01M | 130.90M | 115.36M | 103.84M | 90.90M | 67.30M | 60.90M | 54.60M | 47.70M | 40.30M | 28.70M | 22.30M | 19.30M | 15.70M | 12.50M |
| Cost of Revenue | 389.34M | 366.89M | 349.10M | 298.18M | 255.50M | 240.52M | 210.85M | 188.46M | 162.36M | 144.97M | 106.35M | 79.47M | 78.76M | 65.03M | 54.46M | 55.49M | 52.89M | 46.67M | 45.72M | 36.81M | 34.89M | 35.40M | 32.51M | 28.42M | 23.33M | 25.00M | 17.80M | 17.00M | 17.10M | 16.80M | 15.20M | 11.80M | 9.60M | 8.90M | 7.30M | 6.10M |
| Gross Profit | 769.73M | 769.82M | 756.50M | 632.85M | 483.19M | 473.49M | 432.14M | 374.54M | 336.66M | 307.28M | 251.41M | 231.11M | 235.80M | 224.94M | 214.58M | 208.47M | 204.53M | 176.82M | 156.90M | 141.84M | 126.37M | 109.61M | 98.39M | 86.93M | 80.51M | 65.90M | 49.50M | 43.90M | 37.50M | 30.90M | 25.10M | 16.90M | 12.70M | 10.40M | 8.40M | 6.40M |
| Gross Profit Ratio | 66.41% | 67.72% | 68.42% | 67.97% | 65.41% | 66.31% | 67.21% | 66.53% | 67.46% | 67.94% | 70.27% | 74.41% | 74.96% | 77.57% | 79.76% | 78.98% | 79.45% | 79.12% | 77.44% | 79.39% | 78.37% | 75.59% | 75.17% | 75.36% | 77.53% | 72.50% | 73.55% | 72.09% | 68.68% | 64.78% | 62.28% | 58.89% | 56.95% | 53.89% | 53.50% | 51.20% |
| Research & Development | 96.66M | 92.49M | 87.14M | 70.60M | 65.19M | 62.41M | 55.33M | 53.51M | 45.19M | 40.85M | 30.95M | 29.26M | 27.91M | 25.99M | 25.12M | 23.56M | 22.39M | 20.08M | 18.83M | 18.38M | 20.77M | 20.58M | 17.47M | 14.52M | 11.20M | 12.00M | 10.60M | 11.70M | 10.40M | 8.60M | 6.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 396.83M | 352.44M | 339.00M | 289.92M | 240.88M | 236.87M | 240.64M | 153.33M | 140.88M | 119.40M | 60.72M | 43.38M | 41.68M | 35.90M | 32.18M | 33.16M | 36.72M | 30.97M | 27.60M | 24.48M | 21.73M | 19.38M | 19.55M | 17.71M | 17.32M | 16.90M | 15.40M | 14.60M | 13.00M | 11.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 25.94M | 33.77M | 35.03M | 19.70M | 27.49M | 0.00 | 45.92M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 396.83M | 378.38M | 372.77M | 324.95M | 260.58M | 264.36M | 240.64M | 199.24M | 140.88M | 119.40M | 60.72M | 43.38M | 41.68M | 35.90M | 32.18M | 33.16M | 36.72M | 30.97M | 27.60M | 24.48M | 21.73M | 19.38M | 19.55M | 17.71M | 17.32M | 16.90M | 15.40M | 14.60M | 13.00M | 11.20M | 9.20M | 8.70M | 7.60M | 7.70M | 6.60M | 5.60M |
| Other Expenses | 0.00 | 39.72M | 4.80M | -89.12M | 119.06M | -34.70M | -10.23M | -8.56M | -3.11M | 7.14M | -1.04M | 830.00K | 693.00K | 0.00 | 960.00K | 960.00K | 1.14M | 1.61M | 1.97M | 1.22M | 1.60M | 1.94M | 8.55M | 8.89M | 12.65M | 11.90M | 2.30M | 2.30M | 1.90M | 1.70M | 11.00M | 10.00M | 8.60M | 8.20M | 6.90M | 5.80M |
| Operating Expenses | 563.04M | 470.87M | 459.91M | 395.55M | 325.78M | 326.77M | 295.97M | 252.76M | 186.07M | 160.25M | 91.66M | 74.83M | 71.72M | 61.88M | 58.26M | 57.69M | 60.24M | 52.66M | 48.40M | 44.08M | 44.10M | 41.90M | 45.57M | 41.13M | 41.16M | 40.80M | 28.30M | 28.60M | 25.30M | 21.50M | 17.50M | 10.00M | 8.60M | 8.20M | 6.90M | 5.80M |
| Cost & Expenses | 952.37M | 837.76M | 809.01M | 693.74M | 581.27M | 567.29M | 506.82M | 441.22M | 348.43M | 305.22M | 198.01M | 154.30M | 150.48M | 126.91M | 112.72M | 113.18M | 113.13M | 99.33M | 94.11M | 80.89M | 78.98M | 77.29M | 78.08M | 69.55M | 64.49M | 65.80M | 46.10M | 45.60M | 42.40M | 38.30M | 32.70M | 21.80M | 18.20M | 17.10M | 14.20M | 11.90M |
| Interest Income | 3.32M | 3.41M | 794.00K | 473.00K | 605.00K | 569.00K | 409.00K | 304.00K | 249.00K | 634.00K | 2.68M | 2.65M | 2.64M | 3.75M | 4.38M | 7.63M | 12.19M | 8.43M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 15.74M | 11.22M | 11.31M | 13.95M | 19.20M | 21.71M | 10.19M | 7.36M | 1.75M | 1.54M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.08M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 111.71M | 107.24M | 101.07M | 87.75M | 82.74M | 78.17M | 64.46M | 60.04M | 42.76M | 37.23M | 19.18M | 12.32M | 12.47M | 8.70M | 960.00K | 7.77M | 7.26M | 6.99M | 6.96M | 6.11M | 6.04M | 6.35M | 12.69M | 12.74M | 12.65M | 11.90M | 2.30M | 2.30M | 1.90M | 1.70M | 1.80M | 1.30M | 1.00M | 500.00K | 300.00K | 200.00K |
| EBITDA | 310.37M | 460.57M | 420.12M | 258.47M | 373.91M | 211.89M | 200.60M | 179.36M | 191.99M | 192.93M | 180.57M | 172.98M | 174.66M | 173.68M | 164.58M | 158.55M | 151.55M | 137.01M | 115.46M | 103.87M | 88.31M | 74.07M | 65.51M | 58.54M | 52.00M | 37.00M | 23.50M | 17.60M | 14.10M | 11.10M | 9.40M | 8.20M | 5.10M | 2.70M | 1.80M | 800.00K |
| EBITDA Ratio | 26.78% | 35.73% | 35.97% | 25.49% | 21.31% | 20.55% | 21.18% | 21.63% | 30.18% | 32.51% | 44.65% | 54.18% | 57.59% | 59.86% | 60.04% | 62.96% | 59.90% | 59.84% | 57.52% | 58.79% | 56.19% | 51.16% | 63.41% | 50.75% | 50.07% | 39.71% | 33.14% | 27.75% | 25.09% | 22.85% | 24.32% | 29.97% | 26.01% | 13.47% | 10.83% | 5.60% |
| Operating Income | 206.69M | 298.94M | 296.59M | 149.55M | 74.68M | 125.58M | 136.18M | 121.78M | 150.59M | 147.02M | 159.75M | 158.47M | 166.21M | 163.06M | 156.33M | 150.78M | 144.29M | 124.15M | 108.50M | 97.76M | 82.27M | 67.72M | 52.82M | 45.81M | 39.34M | 25.10M | 21.20M | 15.30M | 12.20M | 9.40M | 7.60M | 6.90M | 4.10M | 2.20M | 1.50M | 600.00K |
| Operating Income Ratio | 17.83% | 26.30% | 26.83% | 16.06% | 10.11% | 17.59% | 21.18% | 21.63% | 30.18% | 32.51% | 44.65% | 51.02% | 52.84% | 56.23% | 58.10% | 57.12% | 56.05% | 55.55% | 53.55% | 54.72% | 51.02% | 46.70% | 40.35% | 39.71% | 37.89% | 27.61% | 31.50% | 25.12% | 22.34% | 19.71% | 18.86% | 24.04% | 18.39% | 11.40% | 9.55% | 4.80% |
| Total Other Income/Expenses | -21.00M | 39.72M | 4.80M | -89.12M | 119.06M | -34.70M | -10.23M | -8.62M | -3.11M | 7.14M | 1.64M | 2.19M | -4.01M | 1.93M | 118.00K | 4.58M | 9.54M | 4.78M | 2.66M | 2.12M | 268.00K | 1.84M | -15.08M | 2.00M | 66.98K | 1.00M | 1.20M | 700.00K | 400.00K | 200.00K | -400.00K | -400.00K | -800.00K | 0.00 | -100.00K | 0.00 |
| Income Before Tax | 185.69M | 338.66M | 301.39M | 148.18M | 276.48M | 112.02M | 125.95M | 113.16M | 147.48M | 154.16M | 161.39M | 160.66M | 162.20M | 164.98M | 156.45M | 155.36M | 153.83M | 128.93M | 111.16M | 99.89M | 82.54M | 69.56M | 37.74M | 47.81M | 39.41M | 26.10M | 22.40M | 16.00M | 12.60M | 9.60M | 7.20M | 6.50M | 3.30M | 2.20M | 1.40M | 600.00K |
| Income Before Tax Ratio | 16.02% | 29.79% | 27.26% | 15.92% | 37.43% | 15.69% | 19.59% | 20.10% | 29.55% | 34.09% | 45.11% | 51.73% | 51.56% | 56.90% | 58.15% | 58.86% | 59.76% | 57.69% | 54.86% | 55.91% | 51.19% | 47.97% | 28.83% | 41.44% | 37.96% | 28.71% | 33.28% | 26.27% | 23.08% | 20.13% | 17.87% | 22.65% | 14.80% | 11.40% | 8.92% | 4.80% |
| Income Tax Expense | 17.58M | 53.22M | 38.29M | 8.59M | 47.18M | 15.94M | 602.00K | 35.88M | 43.01M | 46.43M | 50.44M | 48.10M | 49.86M | 52.68M | 46.67M | 50.12M | 50.27M | 43.82M | 37.81M | 33.76M | 29.61M | 24.16M | 10.61M | 13.76M | 12.83M | 9.40M | 7.20M | 5.10M | 4.00M | 2.90M | 2.10M | 2.10M | 1.30M | 600.00K | 400.00K | 200.00K |
| Net Income | 168.11M | 285.26M | 272.05M | 140.41M | 229.30M | 96.07M | 125.35M | 77.29M | 104.48M | 107.74M | 110.95M | 112.56M | 112.33M | 112.30M | 109.78M | 105.24M | 103.56M | 85.11M | 73.35M | 66.13M | 52.93M | 45.40M | 27.13M | 34.05M | 26.58M | 16.70M | 15.20M | 10.90M | 8.60M | 6.70M | 5.10M | 4.40M | 2.00M | 1.60M | 1.00M | 400.00K |
| Net Income Ratio | 14.50% | 25.10% | 24.61% | 15.08% | 31.04% | 13.46% | 19.49% | 13.73% | 20.94% | 23.82% | 31.01% | 36.24% | 35.71% | 38.73% | 40.80% | 39.87% | 40.23% | 38.08% | 36.20% | 37.02% | 32.82% | 31.31% | 20.73% | 29.51% | 25.60% | 18.37% | 22.59% | 17.90% | 15.75% | 14.05% | 12.66% | 15.33% | 8.97% | 8.29% | 6.37% | 3.20% |
| EPS | 1.07 | 1.81 | 1.73 | 0.91 | 1.50 | 0.64 | 0.84 | 0.52 | 0.70 | 0.73 | 0.75 | 0.76 | 0.76 | 0.76 | 0.74 | 0.70 | 0.66 | 0.54 | 0.47 | 0.41 | 0.32 | 0.27 | 0.16 | 0.21 | 0.16 | 0.10 | 0.10 | 0.07 | 0.06 | 0.04 | 0.04 | 0.03 | 0.02 | 0.01 | 0.01 | 0.00 |
| EPS Diluted | 1.05 | 1.76 | 1.66 | 0.87 | 1.45 | 0.62 | 0.82 | 0.52 | 0.70 | 0.72 | 0.75 | 0.76 | 0.76 | 0.76 | 0.73 | 0.69 | 0.66 | 0.54 | 0.46 | 0.40 | 0.32 | 0.27 | 0.16 | 0.20 | 0.16 | 0.10 | 0.10 | 0.07 | 0.06 | 0.04 | 0.04 | 0.03 | 0.02 | 0.01 | 0.01 | 0.00 |
| Weighted Avg Shares Out | 157.71M | 157.18M | 156.88M | 154.99M | 152.80M | 151.12M | 149.90M | 149.25M | 148.78M | 148.38M | 147.56M | 147.34M | 147.76M | 148.39M | 149.02M | 151.21M | 156.56M | 157.62M | 156.20M | 161.44M | 164.18M | 165.48M | 166.03M | 165.75M | 162.50M | 160.94M | 151.62M | 150.34M | 155.54M | 152.35M | 145.71M | 146.67M | 133.33M | 128.00M | 133.33M | 126.14M |
| Weighted Avg Shares Out (Dil) | 160.77M | 161.86M | 164.12M | 161.93M | 157.60M | 155.57M | 152.22M | 150.00M | 149.30M | 148.92M | 148.02M | 147.60M | 148.02M | 148.69M | 149.39M | 151.60M | 156.99M | 158.05M | 158.38M | 163.68M | 166.79M | 168.12M | 170.09M | 170.67M | 168.82M | 165.49M | 156.86M | 155.71M | 155.54M | 153.33M | 145.71M | 146.67M | 133.33M | 128.00M | 133.33M | 126.14M |
BIO-TECHNE TO PRESENT AT INVESTOR CONFERENCES
MINNEAPOLIS , Nov. 8, 2024 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) today announced that it will present at the following investor conferences: UBS Global Healthcare Conference November 12, 2024 9:30 AM PST Stifel 2024 Healthcare Conference November 19, 2024 8:00...
ScaleReady Announces multiple G-Rex® Grants have been awarded to leading investigators at the Baylor College of Medicine's Center for Cell and Gene Therapy
ST. PAUL, Minn. , Nov. 7, 2024 /PRNewswire/ -- ScaleReady, in collaboration with Wilson Wolf Manufacturing and Bio-Techne Corporation and CellReady, has awarded G-Rex Grants totaling $475,000 to three leading investigators at the Baylor College of Medicine's (BCM) Center for...
BIO-TECHNE TO PRESENT AT THE SOCIETY FOR IMMUNOTHERAPY OF CANCER (SITC) 39TH ANNUAL MEETING
MINNEAPOLIS , Nov. 6, 2024 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) today announced it will showcase its market-leading portfolio to advance cancer research from target discovery to personalized medicine and cell therapy development at the Society for Immunotherapy of Cancer (SITC)...
LUNAPHORE COMET™ PLATFORM PAVES THE WAY FOR SPATIAL BIOLOGY ADOPTION IN CLINICAL RESEARCH
MINNEAPOLIS , Nov. 5, 2024 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) today announced the release of clinically relevant spatial biology data. The data was generated using Bio-Techne's Lunaphore branded end-to-end spatial biology offering, including its complete range of instruments (COMET)...
Bio-Techne Corporation (TECH) Q1 2025 Earnings Call Transcript
Bio-Techne Corporation (NASDAQ:TECH ) Q1 2025 Earnings Conference Call October 30, 2024 9:00 AM ET Company Participants David Clair - Vice President-Investor Relations Kim Kelderman - President and Chief Executive Officer Jim Hippel - Chief Financial Officer Conference Call Participants...
Bio-Techne Tops Q1 Earnings & Revenue Estimates, Stock Up in Premarket
TECH registers continued momentum across its Diagnostics & Spatial Biology segment.
Techne (TECH) Beats Q1 Earnings and Revenue Estimates
Techne (TECH) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.41 per share a year ago.
Bio-Techne beats quarterly profit estimates, driven by diagnostic unit growth; shares rise
Bio-Techne beat first-quarter profit estimates on Wednesday helped by growth in its diagnostics and spatial biology segment, sending the shares of the biotech company up 4.59% in premarket trading.
BIO-TECHNE DECLARES DIVIDEND
MINNEAPOLIS , Oct. 30, 2024 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) announced that its Board of Directors has decided to pay a dividend of $0.08 per share for the quarter ended September 30, 2024. The quarterly dividend will be payable November 22,...
BIO-TECHNE RELEASES FIRST QUARTER FISCAL 2025 RESULTS
MINNEAPOLIS , Oct. 30, 2024 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) today reported its financial results for the first quarter ended September 30, 2024. First Quarter FY2025 Highlights First quarter organic revenue increased by 4% (5% reported) to $289.5 million.
Source: https://incomestatements.info
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