NASDAQ$ABCL

AbCellera Biologics Inc. · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

AbCellera reported strong Q1 2022 results, driven by revenue growth and advancements in drug discovery programs.

AbCellera announced financial results for the first quarter of 2022, with total revenue of $317 million and net earnings of $169 million. The company saw growth in program starts and molecules advancing into the clinic.

  • Total revenue was $317 million, compared to $203 million in Q1 2021.
  • Net earnings were $0.59 per share on a basic and $0.54 on a diluted basis.
  • Six program starts in the quarter, bringing the cumulative total to 84.
  • One new molecule advanced into the clinic, bringing the cumulative total to six.

Headline financials

Total Revenue

$317M

Previous: $203M+56.2%
EPS (adj)

$0.54

Previous: $0.37+45.9%
Capital Expenditures

-$14.5M

Previous: -$3.64M-297.8%
Free Cash Flow

$154M

Previous: $114M+35.7%
Net Income

$169M

Previous: $117M+43.8%
Operating Income

$225M

Previous: $158M+42.3%
Gross Profit

$272M

Previous: $183M+48.8%
Cash & Equivalents

$546M

Previous: $686M-20.4%
Total Assets

$1.59B

Previous: $1.13B+41.1%
Stock-Based Comp

$12.3M

Previous: $5.43M+126.5%

Revenue & EPS history

AbCellera · Revenue · Quarterly

$317M

Q1 2022+56.2%vs Q1 2021
Beat estimate in 5 of 8 quarters(63%)
ActualEstimate

Revenue by segment

AbCellera · $9.56M total across 2 segments · Q1 2022

  • Research Fees
    $9.33M+134.1%
  • Licensing and Royalty
    $231K-98.9%

Forward guidance

No specific forward guidance was provided in the earnings report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-0.4%

Avg return

Earnings day

+0.7%

Avg return

5 days after

+0.2%

Avg return

30 days after

46%

11 / 24 earnings

Positive

+17.1%

Q2 2021

Best reaction

-13.9%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.2%-21.8%-2.9%
Q4 2025-1.5%+18.6%+1.6%
Q3 2025-13.9%-12.4%-21.4%
Q1 2025+1.0%+2.0%+21.4%
Q4 2024-11.3%-18.2%-20.9%
Q3 2024-0.4%-1.1%+6.2%
Q2 2024-4.7%-2.9%-12.0%
Q1 2024-6.6%-6.8%-8.0%
Q4 2023-9.9%-8.8%-11.8%
Q3 2023+14.1%+6.8%+17.2%
Q2 2023-13.0%-15.1%-19.5%
Q1 2023-9.1%-14.1%+3.0%
Q4 2022-8.3%-12.7%-23.8%
Q3 2022-1.7%+13.1%-7.2%
Q2 2022+13.4%+16.3%-3.9%
Q1 2022-12.0%+11.2%+29.1%
Q4 2019+8.1%+9.4%+15.5%
Q4 2021+8.1%+9.4%+15.5%
Q3 2020-7.8%-2.0%-5.1%
Q2 2018+16.3%+10.3%+25.0%
Q2 2021+17.1%+8.6%+24.3%
Q1 2018+0.1%-5.2%-24.1%
Q1 2021+3.4%+7.4%-15.7%
Q4 2018+7.8%+24.1%+21.3%
Q3 2017
Q2 2017
Q1 2017

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro