earnings
confidence high
sentiment positive
materiality 0.70
AbCellera Q1 2022 revenue $317M, net earnings $0.59/sh, up from $0.43/sh YoY
AbCellera Biologics Inc.
2022-Q1 EPS reported
$0.54
revenue$316,581,000
- Total revenue $316.6M (up 56% YoY from $202.7M); net earnings $168.6M ($0.59 basic EPS vs $0.43).
- Royalties from bamlanivimab/bebtelovimab contributed $307M of total revenue.
- Cumulative program starts reached 84 (up 56% YoY); discovery partners grew to 36 from 29.
- Cash, cash equivalents and marketable securities stood at $786.1M.
- R&D expenses rose to $26.4M from $12.4M YoY, driven by platform investment.