earnings
confidence high
sentiment positive
materiality 0.70
Champions Oncology Q1 record revenue $13.7M (+22% YoY); adjusted EBITDA $450K
CHAMPIONS ONCOLOGY, INC.
2023-Q1 EPS reported
-$0.02
revenue$13,745,000
- Record quarterly revenue $13.7M, up 22% from $11.3M in prior year quarter.
- Adjusted EBITDA $450K vs $422K; operating loss $284K includes $206K stock comp and $528K D&A.
- Gross margin 49% vs 52% due to higher study expenses and SaaS costs; bookings at record level.
- Cash $8.1M, no debt; net cash used in ops $195K, investing $754K for lab equipment.
- Alloy Therapeutics partnership delivered series of antibody hits.