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Abaxis

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Healthcaremedical devicesmedical diagnostics
Abaxis provides leading edge technology, tools and services that support best medical practices, enabling physicians and veterinarians to respond to the health needs of their clients at the point of care while operating economical and profitable practices. The Company's mission is to supply point of care blood analyzers to the medical market and the veterinarian market.
Revenue(FY, 2018)
$244.7 M

Employee Rating

2.7More
TypeSubsidiary
Parent CompanyZoetis
HQUnion City, US
Founded1995
Websiteabaxis.com
Abaxis was founded in 1995 and is headquartered in Union City, US

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Abaxis Office Locations

Abaxis has offices in Union City, Griesheim and York
Union City, US (HQ)
3240 Whipple Rd
Griesheim, DE
Bunsenstraße 9
York, GB
Common Rd & Chessingham Park
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Abaxis Financials and Metrics

Summary Metrics

Founding Date

1995
Abaxis is a subsidiary of Zoetis

Abaxis Revenue

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View revenue for all periods
Abaxis's revenue was reported to be $244.70 m in FY, 2018
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

156.6m186.0m171.9m202.6m218.9m227.2m244.7m

Revenue growth, %

18%8%4%

Cost of goods sold

71.5m87.8m88.8m93.6m95.6m101.4m111.1m

Gross profit

85.1m98.2m83.1m109.0m123.3m125.8m133.6m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

36.0m40.0m37.9m42.0m44.3m49.8m43.2m45.9m40.8m47.5m53.9m59.5m53.1m56.0m52.9m57.7m58.6m52.8m58.3m58.9m59.7m

Cost of goods sold

16.8m18.0m17.4m19.2m21.1m23.7m22.3m24.0m21.5m23.6m25.5m30.3m23.7m24.0m23.3m25.7m26.3m23.4m26.3m26.7m27.5m

Gross profit

19.2m22.0m20.5m22.8m23.1m26.1m20.9m21.9m19.3m23.9m28.4m29.2m29.4m32.0m29.6m32.0m32.3m29.4m31.9m32.2m32.2m

Gross profit Margin, %

53%55%54%54%52%52%48%48%47%50%53%49%55%57%56%55%55%56%55%55%54%
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

45.8m54.9m73.6m107.0m88.3m91.3m46.3m

Accounts Receivable

30.7m40.0m28.8m29.0m35.1m504.048.2m

Prepaid Expenses

5.4m3.3m2.5m2.9m6.4m5.1m

Inventories

19.6m26.8m27.0m36.2m35.1m39.0m44.1m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

45.1m38.0m35.4m56.2m54.1m47.4m67.8m71.4m84.3m87.1m84.6m89.8m77.9m83.6m82.4m87.5m90.4m85.7m91.5m58.9m71.9m

Accounts Receivable

26.4m27.5m26.0m29.0m48.4m36.1m32.3m35.1m28.5m33.3m36.4m31.4m29.2m30.4m33.5m36.9m35.3m35.2m44.0m40.7m40.4m

Prepaid Expenses

3.9m5.1m5.6m3.7m2.1m7.1m2.4m5.8m4.2m1.7m4.0m5.1m2.6m5.7m7.4m4.0m4.8m6.2m4.5m4.8m6.3m

Inventories

18.6m19.1m19.9m20.9m22.1m25.1m27.5m27.4m29.4m27.6m29.0m33.7m34.0m34.5m35.2m35.6m36.2m39.2m40.6m39.1m42.5m
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

13.1m27.5m14.2m27.3m31.6m32.7m27.2m

Depreciation and Amortization

5.1m6.3m7.4m8.5m6.7m7.3m8.0m

Inventories

(1.2m)(8.1m)(2.5m)(10.1m)74.0k(8.2m)(8.2m)

Accounts Payable

232.0k1.7m(2.0m)116.0k(443.0k)238.0k4.2m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

2.2m5.5m8.4m2.9m15.8m20.8m3.2m7.2m10.4m4.7m10.1m16.0m7.0m14.8m22.8m6.9m18.3m25.2m6.3m12.9m17.2m

Depreciation and Amortization

1.2m2.4m3.7m1.4m2.9m4.4m1.7m3.6m5.5m2.1m4.2m6.4m1.5m3.3m5.2m1.7m3.5m5.3m2.0m3.9m5.9m

Inventories

(938.0k)41.0k(1.1m)(1.7m)(3.1m)(6.3m)(1.1m)(1.2m)(3.4m)(1.0m)(3.2m)(6.7m)1.9m1.2m159.0k(2.1m)(4.4m)(8.1m)(1.9m)(697.0k)(5.1m)

Accounts Payable

(405.0k)839.0k108.0k1.2m1.8m5.2m(2.0m)(1.1m)(1.5m)941.0k4.1m920.0k(1.8m)(23.0k)155.0k1.1m7.0k1.6m2.7m840.0k5.6m
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Abaxis Operating Metrics

FY, 2016

Patent Applications

80
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Abaxis Revenue Breakdown

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Abaxis revenue breakdown by business segment: 17.3% from Medical Market, 81.2% from Veterinary Market and 1.5% from Other

Abaxis Online and Social Media Presence

Abaxis's Trends

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Abaxis News and Updates

February 14, 2019

$4 Bn Veterinary Diagnostics Market by Product, Technology, Animal, End User - Global Forecast to 2023 with IDEXX Laboratories and Abaxis Dominating

DUBLIN, Feb. 14, 2019 /PRNewswire/ -- The "Veterinary Diagnostics Market by Product, Technology, Animal, End User - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering. The veterinary diagnostics market is projected to reach USD 4.00 billion by 2023 from...
September 20, 2018

Animal Health Diagnostics Market 2018 Global Analysis By Key Players – Abaxis, Heska, IDEXX Laboratories, Thermo Fisher Scientific, Zoetis

WiseGuyReports.Com Publish a New Market Research Report On –“ Global Animal Health Diagnostics Market 2018-2022”. Posted via Industry Today. Follow us on Twitter @IndustryToday
September 07, 2018

Point of Care Diagnostics Global Market 2018: Key Players – Abaxis Inc., Abbott Laboratories, Alere Inc., Beckman Coulter Inc., Becton, Dickinson And Co.

Point of Care Diagnostics -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday
August 31, 2018

Global Veterinary Chemistry Analyzer Market Analysis, 2018 - 2025: Key Players are IDEXX Laboratories, Abaxis, URIT Medical, Randox Laboratories, Heska & Eurolyser Diagnostica

DUBLIN, Aug. 31, 2018 /PRNewswire/ -- The "Veterinary Chemistry Analyzer Market Analysis Report By Type (Benchtop, Portable), By Product, By Application (Blood Chemistry, Glucose Monitoring, Urinalysis, Blood Gas Analysis), By End-Use, And Segment Forecasts, 2018 - 2025" report has been...
August 23, 2018

Global Clinical Diagnostics Automation Market Research Report Explores the Growth Factors, Consumption, Current Scenario and Existing Market Players like Abaxis, Abbott Diagnostics during 2018-2023

The study report titled Global Clinical Diagnostics Automation Market throws light on the crucial trends and dynamics impacting the development of the market, including the restraints, drivers, and opportunities. Posted via Industry Today. Follow us on Twitter @IndustryToday
July 30, 2018

The global veterinary diagnostics market is estimated to grow at a CAGR of 9.3% from 2017 to 2022, to reach USD 3.62 billion by 2022 from USD 2.31 billion in 2017

LONDON, July 30, 2018 /PRNewswire/ -- The global veterinary diagnostics market is estimated to grow at a CAGR of 9.3% from 2017 to 2022, to reach USD 3.62 billion by 2022 from USD 2.31 billion in 2017. The growth of this market is mainly attributed to rising demand for animal-derived food ...
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Abaxis Blogs

March 14, 2019

EzyVet

EzyVet skordic Thu, 03/14/2019 - 03:10 pm
October 23, 2018

WVC 2019

Time & Date: Sun, 02/17/2019 - 12:00 pm Event Thumbnail Venue Mandalay Bay Convention Center
October 23, 2018

VMX 2019

Time & Date: Sat, 01/19/2019 - 12:00 pm Event Thumbnail Venue Orange County Convention Center
September 25, 2018

Panels

Panels Panels There are 31 tests in all, and 16 complete chemistry panels available on the Piccolo Xpress menu. 11 of the panels are CLIA waived for easy and convenient operation.  This menu represents over 90% of the routine test…
September 24, 2018

Piccolo Reagent Discs

Piccolo Reagent Discs Piccolo Reagent Discs Born from space technology, Piccolo reagent discs are fully self-contained single-use chemistry panels designed to address a variety of conditions.  Just 3-4 drops of whole blood are r…
September 19, 2018

Piccolo Xpress

Piccolo Xpress Piccolo Xpress Small in size yet big on accuracy, reliability and reproducibility, the Piccolo Xpress delivers real-time blood chemistry diagnostic information for care providers and their patients. …
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 Abaxis Frequently Asked Questions

  • When was Abaxis founded?

    Abaxis was founded in 1995.

  • What is Abaxis revenue?

    Latest Abaxis annual revenue is $244.7 m.

  • Who are Abaxis competitors?

    Competitors of Abaxis include Great Basin Scientific, GenMark Diagnostics and PTS Diagnostics.

  • Where is Abaxis headquarters?

    Abaxis headquarters is located at 3240 Whipple Rd, Union City.

  • Where are Abaxis offices?

    Abaxis has offices in Union City, Griesheim and York.

  • How many offices does Abaxis have?

    Abaxis has 4 offices.