NASDAQ$ABCL

AbCellera Biologics Inc. · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported strong growth across key performance indicators related to the partnership business, including new programs under contract, program starts, and new molecules in the clinic.

AbCellera reported Q2 2021 financial results with a total revenue of $27.6 million, up from $11 million in Q2 2020. The company incurred a net loss of $2.3 million, compared to net earnings of $6.7 million in Q2 2020.

  • Earned $27.6 million in total revenue, including $22.2 million in milestones and royalties.
  • Incurred net loss of $2.3 million, compared to generating net earnings of $6.7 million in Q2 2020.
  • Added 19 programs under contract with four new partners, resulting in a cumulative total of 138 programs under contract with 33 different partners.
  • Confirmed three new molecules advanced into the clinic, bringing the cumulative total to four.

Headline financials

Total Revenue

$27.6M

No prior period
EPS (adj)

-$0.01

No prior period
Capital Expenditures

-$40.4M

No prior period
Free Cash Flow

-$42.8M

No prior period
Net Income

-$2.32M

No prior period
Operating Income

-$7.03M

No prior period
Gross Profit

$24M

No prior period
Cash & Equivalents

$793M

No prior period
Total Assets

$1.15B

No prior period
Stock-Based Comp

$8.47M

No prior period

Revenue & EPS history

AbCellera · Revenue · Quarterly

$27.6M

Q2 2021
Beat estimate in 5 of 8 quarters(63%)
ActualEstimate

Revenue by segment

AbCellera · $5.48M total across 2 segments · Q2 2021

  • Research Fees
    $5.22M
  • Licensing and Royalty
    $263K

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 Q2 2021

Historical avgQ2 2021

-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

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