AbCellera Biologics (ABCL) Accumulated Expenses (2020 - 2023)

AbCellera Biologics (ABCL) reported Accumulated Expenses of $3.1 million for Q3 2023, down 82.64% on a YoY basis from $17.8 million in Q3 2022, and little changed quarter-over-quarter from $3.1 million in Q2 2023.

AbCellera Biologics (ABCL) Accumulated Expenses (2020 - 2023) Analysis & Trends

AbCellera Biologics has reported Accumulated Expenses for 4 years, with the latest figure at $3.1 million in Q3 2023.

  • For the quarter ending Q3 2023, Accumulated Expenses fell 82.64% year-over-year to $3.1 million; the trailing twelve-month figure through Sep 2023 stood at $3.1 million (down 82.64% YoY), and the FY2022 full-year result was $19.3 million, down 14.04% from the prior year.
  • Accumulated Expenses for Q3 2023 stood at $3.1 million, roughly flat from $3.1 million in the prior quarter.
  • The five-year high for Accumulated Expenses was $27.1 million in Q4 2020, with the low at $595000.0 in Q3 2021.
  • Historically, Accumulated Expenses has averaged $14.0 million across 4 years, with a median of $18.6 million in 2022.
  • Annual changes were most pronounced in 2022 — Accumulated Expenses jumped 2895.29% — and 2023, when it slumped 82.64%.
  • AbCellera Biologics' Accumulated Expenses stood at $27.1 million in 2020, then fell by 17.08% to $22.5 million in 2021, then slipped by 14.04% to $19.3 million in 2022, then sank by 84.01% to $3.1 million in 2023.
  • The last three Accumulated Expenses figures came in at $3.1 million (Q3 2023), $3.1 million (Q2 2023), and $3.1 million (Q1 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alterity Therapeutics 762,369.55 Bn 762,369.51 Bn -
2 Belite Bio 55,096.00 Bn 55,096.00 Bn -
3 Quantum Biopharma 17,755.80 Bn 17,755.79 Bn -
4 Legend Biotech 3,486.00 Bn 3,485.71 Bn 242.10 Mn
5 Akari Therapeutics 1,737.42 Bn 1,737.41 Bn -
6 Evaxion A 1,551.28 Bn 1,551.26 Bn -
7 Psyence Biomedical 227.32 Bn 227.31 Bn -
8 Vertex Pharmaceuticals 110.84 Bn 103.59 Bn 2.59 Bn
9 Abivax 91.71 Bn 91.71 Bn -
10 AbCellera Biologics 1.55 Bn 1.44 Bn -

Historic Data

Download Data
DateValue
Sep 30, 2023 3.09 Mn
Jun 30, 2023 3.09 Mn
Mar 31, 2023 3.09 Mn
Dec 31, 2022 19.35 Mn
Sep 30, 2022 17.82 Mn
Dec 31, 2021 22.51 Mn
Sep 30, 2021 595,000.00
Jun 30, 2021 23.52 Mn
Mar 31, 2021 20.01 Mn
Dec 31, 2020 27.14 Mn