earnings
confidence high
sentiment positive
materiality 0.75
Cryoport FY2021 revenue $222.6M (+183% YoY); Q4 net loss $260.1M on $251.8M debt extinguishment
Cryoport, Inc.
2020-FY EPS reported
-$6.19
revenue$222,608,000
- FY2021 revenue $222.6M (+183% YoY); organic revenue from Cryoport Systems & CRYOGENE +40%.
- Q4 revenue $56.4M (+17% YoY); Biopharma/Pharma revenue $46.3M (+18%).
- Net loss Q4 $260.1M incl $251.8M non-cash debt extinguishment; Adj. EBITDA $0.8M.
- Cash & short-term investments $628.8M at Dec 31, 2021; placed $402.5M 0.75% convertible notes.
- Supports record 602 clinical trials (273 Phase 2, 74 Phase 3); fire at MVE facility expected Q1 impact $4-5M.