Abaxis is a leader in the development and commercialization of leading-edge medical device and innovative technology and services that support best medical practices, enabling practitioners to respond to the health needs of their patients, while operating point of care, onsite diagnostics for human and animal health. Clint Severson, CEO/COB voted entrepreneur of the year by Forbes Magazine and voted as one of 200 best companies to work for.
Type
Public
HQ
Union City, US
Founded
1995
Size (employees)
549 (est)-5%
Website
abaxis.com
ABAXIS was founded in 1995 and is headquartered in Union City, US

ABAXIS Office Locations

ABAXIS has an office in Union City
Union City, US (HQ)
3240 Whipple Rd

ABAXIS Data and Metrics

ABAXIS Financial Metrics

ABAXIS's revenue was reported to be $218.9 m in FY, 2016 which is a 8% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

218.9 m

Revenue growth (FY, 2015 - FY, 2016), %

8%

Gross profit (FY, 2016)

123.3 m

Gross profit margin (FY, 2016), %

56%

Net income (FY, 2016)

31.6 m

EBIT (FY, 2016)

46.3 m

Market capitalization (26-May-2017)

1.1 b

Closing share price (26-May-2017)

49

Cash (31-Mar-2016)

88.3 m
ABAXIS's current market capitalization is $1.1 b.
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Revenue

171.9 m202.6 m218.9 m

Revenue growth, %

18%8%

Cost of goods sold

95.6 m

Gross profit

83.1 m109 m123.3 m

Gross profit Margin, %

48%54%56%

Operating expense total

62.3 m74.7 m76.9 m

EBIT

20.8 m34.3 m46.3 m

EBIT margin, %

12%17%21%

Interest income

793 k

Income tax expense

16.1 m

Net Income

14.2 m27.3 m31.6 m
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Cash

73.6 m107 m88.3 m

Accounts Receivable

Inventories

27 m36.2 m35.1 m

Current Assets

165.4 m209.9 m212.2 m

PP&E

27.2 m27.3 m26.8 m

Total Assets

217 m269.1 m271.4 m

Accounts Payable

6.1 m7.3 m7.3 m

Current Liabilities

16.9 m41.3 m29.2 m

Non-Current Liabilities

6.2 m7.6 m5.9 m

Total Liabilities

23.1 m48.9 m35.1 m

Retained Earnings

69.3 m87.6 m109.3 m

Total Equity

193.9 m220.2 m236.3 m

Financial Leverage

1.1 x1.2 x1.1 x
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Net Income

14.2 m27.3 m31.6 m

Depreciation and Amortization

7.4 m8.5 m6.7 m

Accounts Receivable

Inventories

(2.5 m)(10 m)74 k

Accounts Payable

(2 m)116 k(443 k)

Cash From Operating Activities

35.6 m36.4 m28.1 m

Purchases of PP&E

(5.6 m)(6.1 m)(5.2 m)

Cash From Investing Activities

(13.4 m)10.1 m(20.2 m)

Dividends Paid

(9 m)(10 m)

Cash From Financing Activities

(4 m)(11 m)(26.6 m)

Income Taxes Paid

4.9 m15.9 m19.9 m
Numbers are in $, USDY, 2016

Revenue/Employee

376.1 k

Financial Leverage

1.1 x

ABAXIS Market Value History

ABAXIS Online and Social Media Presence

ABAXIS Company Life and Culture

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