earnings
confidence high
sentiment neutral
materiality 0.75
Recursion reports Q4 net loss $178.9M, FY2024 net loss $463.7M; cash runway into 2027
RECURSION PHARMACEUTICALS, INC.
2024-FY EPS reported
-$1.69
revenue$58,839,000
- Cash, cash equivalents and restricted cash $603.0M at Dec 31, 2024 vs $401.4M at Dec 31, 2023; runway extended into 2027.
- Q4 revenue $4.5M (down 59% YoY); FY2024 revenue $58.8M (up 32% YoY). Pro forma revenue $82.6M.
- Operating cash outflow $115.4M in Q4; $359.2M for FY2024. Exscientia cash burn ~$184M pre-acquisition.
- Completed Exscientia merger Nov 2024; maintaining guidance of at least $100M in annual synergies.
- Pipeline advanced: REC-617 showed durable partial response; three new clinical trials initiated (DAHLIA, TUPELO, ALDER).