Absci (ABSI) Income Statement: Revenue & Earnings

Absci Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Absci Corporation income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	4.53	5.72	5.75	4.78	4.78
Cost of Revenue	62.46	47.57	58.91	44.59	11.45
Gross Profit	-57.93	5.72	-53.16	4.78	-6.67
Operating Expenses
Research & Development	63.86	48.07	58.91	44.59	0.00
Selling, General & Administrative	36.17	37.83	40.55	31.06	5.50
Operating Expenses	49.56	99.90	53.59	80.02	6.63
Operating Income	-107.49	-94.18	-106.75	-75.24	-13.30
Other Income/Expense
Interest Income	7.32	6.06	2.36	0.00	0.00
Interest Expense	-0.57	1.01	-0.97	3.43	-0.63
Other Income/Expense	6.42	-15.28	2.36	30.42	-0.42
Income
Income Before Tax	-103.04	-110.47	-105.37	-109.86	-14.35
Income Tax Expense	0.07	0.10	-0.46	-8.90	0.00
Net Income	-103.11	-110.57	-104.90	-100.96	-14.35
Net Income - Continuous Operations	-103.11	-110.57	-104.90	-100.96	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-94.10	-95.46	-93.71	-99.77	-12.17
EBIT	-107.49	-109.46	-106.75	-106.43	-13.30
Depreciation & Amortization	13.39	14.00	13.04	6.65	1.13
Earnings Per Share
Basic EPS	-1.00	-1.00	-1.00	-2.00	-3.00
Diluted EPS	-1.00	-1.00	-1.00	-2.00	-3.00
Basic Shares Outstanding	110.24	92.03	90.85	49.69	15.49
Diluted Shares Outstanding	110.24	92.03	90.85	49.69	15.49