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MaxCyte, Inc., a life sciences company, discovers, develops, and commercializes next-generation cell therapies in the United States and internationally. Its products include ExPERT ATx, a static electroporation instrument for small to medium scale transfection; ExPERT STx, a flow electroporation for protein production and drug development, as well as expression of therapeutic targets for cell-based assays; ExPERT GTx, a flow electroporation for large scale transfection in therapeutic applications; and ExPERT VLx for very large volume cell-engineering. The company also provides disposable processing assemblies (PAs) to process and electroporate cells; and accessories supporting PAs, such as electroporation buffer solution and software protocols. It licenses and sells its instruments and technology; and sells its consumables to developers of cell therapies, as well as to pharmaceutical and biotechnology companies for use in drug discovery and development, and bio-manufacturing. MaxCyte, Inc. was incorporated in 1998 and is headquartered in Rockville, Maryland.
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| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | -23.57M | -19.08M | -11.82M | -12.89M | -8.87M |
| Net income | -19.78M | -20.13M | -12.64M | -13.58M | -8.87M |
| Selling general administrative | 25.83M | 18.68M | 8.39M | 6.09M | 5.28M |
| Selling and marketing expenses | 18.65M | 13.00M | 8.33M | 7.85M | 6.72M |
| Gross profit | 39.16M | 30.25M | 23.40M | 19.12M | 14.83M |
| Reconciled depreciation | 2.70M | 1.42M | 1.05M | 0.61M | 0.34M |
| Ebit | -27.36M | -18.19M | -11.06M | -12.42M | -8.25M |
| Ebitda | -20.75M | -16.61M | -9.94M | -11.60M | -7.91M |
| Depreciation and amortization | 6.61M | 1.57M | 1.11M | 0.82M | 0.34M |
| Non operating income net other | 3.79M | -0.89M | - | - | - |
| Operating income | -27.36M | -18.19M | -11.06M | -12.42M | -8.42M |
| Other operating expenses | 71.62M | 52.08M | 37.23M | 34.04M | 25.09M |
| Interest expense | 0.13M | 1.04M | 0.83M | 0.68M | 0.61M |
| Tax provision | 0.00M | 0.00M | - | - | - |
| Interest income | 3.92M | 0.15M | 0.07M | 0.21M | 0.17M |
| Net interest income | 3.79M | -0.89M | -0.76M | -0.47M | -0.44M |
| Income tax expense | -3.79M | 1.04M | 0.83M | 0.68M | 0.17M |
| Total revenue | 44.26M | 33.89M | 26.17M | 21.62M | 16.67M |
| Total operating expenses | 66.52M | 48.44M | 34.46M | 31.54M | 23.25M |
| Cost of revenue | 5.10M | 3.65M | 2.77M | 2.50M | 1.84M |
| Total other income expense net | 3.79M | -0.89M | -0.76M | -0.47M | -0.44M |
| Net income from continuing ops | -23.57M | -19.08M | -11.82M | -12.89M | -8.87M |
| Net income applicable to common shares | -23.57M | -19.08M | -11.82M | -12.89M | -8.87M |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 268.27M | 286.65M | 284.12M | 51.78M | 29.99M |
| Other current assets | 3.90M | 2.78M | 3.31M | 1.00M | 0.80M |
| Total liab | 36.11M | 32.69M | 21.22M | 18.55M | 16.38M |
| Total stockholder equity | 232.17M | 253.97M | 262.90M | 33.23M | 13.60M |
| Other current liab | 11.27M | 8.03M | 6.52M | 5.21M | 3.55M |
| Common stock | 1.04M | 1.02M | 1.01M | 0.77M | 0.57M |
| Capital stock | 1.04M | 1.02M | 1.01M | 0.77M | 0.57M |
| Retained earnings | -175.80M | -137.88M | -114.30M | -95.22M | -83.41M |
| Other liab | - | 1.32M | 0.45M | 0.65M | 0.34M |
| Other assets | - | 0.81M | 0.32M | 0.03M | - |
| Cash | 46.51M | 11.06M | 47.78M | 18.76M | 15.21M |
| Total current liabilities | 17.86M | 15.43M | 15.62M | 11.61M | 9.34M |
| Current deferred revenue | 5.07M | 6.71M | 6.75M | 4.84M | 3.19M |
| Net debt | -27.76M | 5.03M | -42.10M | -11.79M | -8.00M |
| Short term debt | 0.77M | 0.16M | 0.53M | 0.67M | 0.51M |
| Short long term debt total | 18.74M | 16.09M | 5.68M | 6.97M | 7.21M |
| Other stockholder equity | 406.93M | 390.82M | 376.19M | 127.67M | 96.43M |
| Property plant equipment | - | 23.72M | 13.37M | 6.49M | 5.53M |
| Total current assets | 190.19M | 252.27M | 270.43M | 45.25M | 24.45M |
| Long term investments | 42.94M | - | - | - | - |
| Net tangible assets | - | 253.97M | 262.90M | 33.23M | 13.60M |
| Short term investments | 121.78M | 216.27M | 207.26M | 16.01M | 1.50M |
| Net receivables | 5.78M | 13.57M | 6.88M | 5.17M | 3.24M |
| Long term debt | - | - | - | 4.92M | 4.90M |
| Inventory | 12.23M | 8.58M | 5.20M | 4.32M | 3.70M |
| Accounts payable | 0.74M | 0.53M | 1.82M | 0.89M | 2.09M |
| Common stock total equity | - | 1.02M | 1.01M | 0.77M | 0.57M |
| Retained earnings total equity | - | -137.88M | -114.30M | - | - |
| Non currrent assets other | 0.39M | 0.81M | 0.32M | 0.03M | - |
| Non current assets total | 78.08M | 34.39M | 13.69M | 6.53M | 5.53M |
| Capital lease obligations | 18.74M | 16.09M | 5.68M | 2.05M | 2.32M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -6.35M | -191.18M | -14.51M | 1.73M | -3.12M |
| Change to liabilities | 0.69M | 3.99M | 2.04M | 1.96M | 0.01M |
| Total cashflows from investing activities | -24.82M | -195.01M | -16.58M | 0.45M | -3.83M |
| Net borrowings | - | -4.99M | -0.06M | -0.15M | -0.00M |
| Total cash from financing activities | 2.89M | 234.72M | 28.90M | 12.31M | 0.23M |
| Change to operating activities | 7.16M | -2.53M | -0.20M | -0.05M | -0.23M |
| Net income | -23.57M | -19.08M | -11.82M | -12.89M | -8.87M |
| Change in cash | -36.72M | 29.03M | 3.54M | 3.96M | -14.09M |
| Begin period cash flow | 47.78M | 18.76M | 15.21M | 11.25M | 25.34M |
| End period cash flow | 11.06M | 47.78M | 18.76M | 15.21M | 11.25M |
| Total cash from operating activities | -14.78M | -10.68M | -8.78M | -8.80M | -10.49M |
| Issuance of capital stock | 0.00M | 236.08M | 28.57M | 12.33M | 0.00M |
| Depreciation | 2.70M | 1.42M | 1.05M | 0.61M | 0.34M |
| Other cashflows from investing activities | - | 0.00M | - | - | - |
| Change to inventory | -3.49M | -1.41M | -0.89M | -1.89M | -1.29M |
| Change to account receivables | -6.69M | -1.71M | -1.81M | 1.59M | -1.95M |
| Sale purchase of stock | 2.89M | 239.71M | - | - | - |
| Other cashflows from financing activities | -2885.61M | 3.63M | 1.84M | 5.09M | 0.28M |
| Change to netincome | 11.89M | 8.62M | 2.84M | 1.87M | 1.50M |
| Capital expenditures | 18.48M | 3.83M | 2.07M | 1.27M | 0.71M |
| Change receivables | -4.78M | -1.71M | - | - | - |
| Cash flows other operating | 4.45M | -2.40M | - | - | - |
| Cash and cash equivalents changes | -36.72M | 29.03M | - | - | - |
| Change in working capital | -3.21M | -1.64M | -0.86M | 1.61M | -3.46M |
| Stock based compensation | 11.75M | 7.96M | 2.47M | 1.75M | 1.32M |
| Other non cash items | -2.45M | 0.06M | 0.10M | 0.08M | 0.07M |
| Free cash flow | -33.26M | -14.51M | -10.85M | -10.07M | -11.20M |
Sector: Healthcare Industry: Medical Devices
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| MXCT MaxCyte Inc |
-0.05 3.82% |
1.26 | - | - | 11.25 | 2.19 | 5.62 | -11.07 |
| ABT Abbott Laboratories |
-0.03 0.03% |
109.93 | 25.97 | 17.24 | 3.57 | 3.20 | 3.81 | 16.75 |
| MDT Medtronic PLC |
-3.04 2.90% |
101.80 | 26.60 | 15.87 | 3.35 | 2.08 | 3.90 | 14.12 |
| SYK Stryker Corporation |
-9.21 2.75% |
325.87 | 29.23 | 16.86 | 4.18 | 4.51 | 4.63 | 17.16 |
| SEMHF Siemens Healthineers AG |
-2.15 4.12% |
49.85 | 39.57 | 21.32 | 3.01 | 3.29 | 2.95 | 16.92 |
MaxCyte, Inc., a life sciences company, discovers, develops, and commercializes next-generation cell therapies in the United States and internationally. Its products include ExPERT ATx, a static electroporation instrument for small to medium scale transfection; ExPERT STx, a flow electroporation for protein production and drug development, as well as expression of therapeutic targets for cell-based assays; ExPERT GTx, a flow electroporation for large scale transfection in therapeutic applications; and ExPERT VLx for very large volume cell-engineering. The company also provides disposable processing assemblies (PAs) to process and electroporate cells; and accessories supporting PAs, such as electroporation buffer solution and software protocols. It licenses and sells its instruments and technology; and sells its consumables to developers of cell therapies, as well as to pharmaceutical and biotechnology companies for use in drug discovery and development, and bio-manufacturing. MaxCyte, Inc. was incorporated in 1998 and is headquartered in Rockville, Maryland.
| Name | Title | Year Born |
|---|---|---|
| Mr. Douglas Arthur Doerfler | Founder, Pres, CEO & Exec. Director | 1956 |
| Mr. Ronald Evan Holtz CPA, Ph.D. | Chief Financial Officer | 1958 |
| Dr. J. Stark Thompson Ph.D. | Consultant | 1942 |
| Dr. Cenk Sumen | Chief Scientific Officer | 1973 |
| Mr. Sean Menarguez | Director of Investor Relations | NA |
| Mr. Maher Masoud | Exec. VP, Gen. Counsel & Sec. | 1975 |
| Mr. Thomas Michael Ross | Exec. VP of Global Sales | 1961 |
| Dr. James Brady Ph.D. | Sr. VP of Technical Applications & Customer Support | NA |
| Dr. Sarah Haecker Meeks Ph.D. | Sr. VP of Bus. Devel. | NA |
| Mr. James Lovgren | Sr. VP of Global Marketing | NA |
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