earnings
confidence high
sentiment positive
materiality 0.70
Twist Bioscience FY2024 rev $313.0M (+28% YoY); Q4 gross margin 45.1%; FY2025 rev guidance $367M-$377M
Twist Bioscience Corp
2024-FY EPS reported
-$3.60
revenue$312,974,000
- FY2024 revenue $313.0M, up 28% vs FY2023; Q4FY24 revenue $84.7M, up 27% YoY, 7th consecutive sequential growth.
- Gross margin improved to 45.1% in Q4FY24 (from 36.6%); net loss narrowed to $34.7M ($0.59/share) from $46.2M ($0.81/share).
- FY2025 guidance: revenue $367M-$377M; targeting 50% gross margin by Q4FY25.
- Adjusted EBITDA improved to -$93.5M FY2024 vs -$147.3M FY2023; cash $276.4M at year-end.
- Entered $15M royalty purchase agreement with XOMA; launched FlexPrep NGS kit with proprietary enzyme.