earnings
confidence high
sentiment positive
materiality 0.75
Ginkgo Bioworks FY2021 revenue $314M (+309% YoY); 2022 guidance $325-340M
Ginkgo Bioworks Holdings, Inc.
- Full-year 2021 total revenue $314M, up 309% YoY; Foundry revenue $113M (+91%), Biosecurity $201M (exceeded $110M outlook).
- Added 31 new Cell Programs in 2021 (+72% YoY); 2022 guidance expects 60 new programs.
- Q4 2021 total revenue $148M vs $32M YoY; Adjusted EBITDA $1M vs $(51)M in prior year.
- GAAP loss from ops $(1.8)B including $1.7B catch-up stock comp; cash balance >$1.5B.
- Announced two tuck-in acquisitions in 2022: Project Beacon (COVID testing) and FGen (strain optimization).