Cerus Corporation is headquartered in Concord, US

President and CEO

VP, Finance & CFO

SVP, CMO & CSO

Cerus Corporation has offices in Concord and Amersfoort

Concord, US (HQ)

2550 Stanwell Dr

Amersfoort, NL

79 Stationsstraat

Cerus Corporation's revenue was reported to be $39.3 m in FY, 2016

USD

## Net income (Q1, 2017) | (18.6 m) |

## EBIT (Q1, 2017) | (18.1 m) |

## Market capitalization (25-Jul-2017) | 224.7 m |

## Cash (31-Mar-2017) | 10.9 m |

Cerus Corporation's current market capitalization is $224.7 m.

- Source: SEC Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 39.7 m | 36.4 m | 34.2 m | 39.3 m |

## Revenue growth, % | (8%) | (6%) | 15% | |

## Cost of goods sold | 22.6 m | 21.2 m | 23.5 m | 20.3 m |

## Gross profit | 17.1 m | 15.2 m | 10.8 m | 19 m |

## Gross profit Margin, % | 43% | 42% | 31% | 48% |

## R&D expense | 31.3 b | |||

## General and administrative expense | 48.8 b | |||

## Operating expense total | 45.4 m | 59.7 m | 71.8 m | 80.4 m |

## EBIT | (28.3 m) | (44.5 m) | (61.1 m) | (61.4 m) |

## EBIT margin, % | (71%) | (122%) | (178%) | (156%) |

## Interest expense | (332 k) | (599 k) | (1.7 m) | (2.4 m) |

## Pre tax profit | (43.1 m) | (38.6 m) | (59.5 m) | (62.7 m) |

## Income tax expense | 218 k | 195 k | (3.7 m) | 175 k |

## Net Income | (43.3 m) | (38.8 m) | (55.9 m) | (62.9 m) |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 8.6 m | 10.4 m | 7.7 m | 8.8 m | 8 m | 7.6 m | 9.3 m | ||

## Cost of goods sold | 4.8 m | 5.7 m | 4.7 m | 7 m | 5.6 m | 4.3 m | 5 m | ||

## Gross profit | 3.8 m | 4.7 m | 3 m | 1.8 m | 2.5 m | 3.4 m | 4.3 m | ||

## Gross profit Margin, % | 45% | 45% | 39% | 20% | 31% | 44% | 46% | ||

## R&D expense | 4.7 m | 7.3 m | 5.6 m | 5.2 m | 7.7 m | 6.9 m | 8.6 m | 7 m | 9.2 m |

## General and administrative expense | 10.1 m | 8.7 m | 11.7 m | 12.1 m | 10.9 m | 11.7 m | 12.4 m | 12.2 m | 13.6 m |

## Operating expense total | 14.8 m | 16 m | 17.3 m | 17.3 m | 18.6 m | 18.7 m | 21 m | 19.2 m | 22.8 m |

## EBIT | (11 m) | (11.4 m) | (14.4 m) | (15.5 m) | (16.2 m) | (15.3 m) | (16.7 m) | (14.3 m) | (18.1 m) |

## EBIT margin, % | (128%) | (110%) | (187%) | (176%) | (201%) | (201%) | (181%) | ||

## Interest expense | (141 k) | (342 k) | (255 k) | (301 k) | (505 k) | (655 k) | (658 k) | (586 k) | (531 k) |

## Pre tax profit | (7.5 m) | (10.8 m) | (9.4 m) | (18 m) | (15.6 m) | (16.1 m) | (17.2 m) | (14.8 m) | (18.6 m) |

## Income tax expense | 44 k | 8 k | 19 k | (2 m) | 95 k | 812 k | 983 k | (416 k) | 35 k |

## Net Income | (7.6 m) | (10.8 m) | (9.5 m) | (16 m) | (15.7 m) | (16.9 m) | (18.2 m) | (14.4 m) | (18.6 m) |

- Source: SEC Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 29.5 m | 22.8 m | 71 m | 22.6 m |

## Accounts Receivable | 6.1 m | 5.5 m | 5.8 m | 6.9 m |

## Inventories | 13.1 m | 15 m | 10.8 m | 12.5 m |

## Current Assets | 78.2 m | 74.9 m | 130.4 m | 94.1 m |

## PP&E | 2.2 m | 3.8 m | 3.5 m | 3 m |

## Goodwill | 1.3 m | 1.3 m | 1.3 m | 1.3 m |

## Total Assets | 83.4 m | 81.8 m | 139.5 m | 103.5 m |

## Accounts Payable | 5.7 m | 9.9 m | 5.2 m | 8.6 m |

## Total Debt | 3.4 m | 9.9 m | 19.8 m | 19.4 m |

## Current Liabilities | 39.4 m | 29.2 m | 21.9 m | 26.9 m |

## Total Liabilities | 45.7 m | |||

## Additional Paid-in Capital | 545.9 m | 583.4 m | 685.2 m | 718.3 m |

## Retained Earnings | (503.2 m) | (541.9 m) | (597.8 m) | (660.7 m) |

## Total Equity | 42.8 m | 41.5 m | 94.8 m | 57.8 m |

## Debt to Equity Ratio | 0.1 x | 0.2 x | 0.2 x | 0.3 x |

## Debt to Assets Ratio | 0 x | 0.1 x | 0.1 x | 0.2 x |

## Financial Leverage | 1.9 x | 2 x | 1.5 x | 1.8 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 28.6 m | 22.3 m | 17.9 m | 35.1 m | 50.8 m | 20.8 m | 7.7 m | 12.9 m | 10.9 m |

## Accounts Receivable | 4.5 m | 7.4 m | 5.2 m | 5.4 m | 5.6 m | 4.1 m | 5.1 m | 7.4 m | 5.6 m |

## Inventories | 13.4 m | 13.5 m | 16.1 m | 13.7 m | 12.8 m | 11.3 m | 12.1 m | 12.2 m | 12.9 m |

## Current Assets | 70.3 m | 72.7 m | 136.4 m | 144.5 m | 128.4 m | 119.4 m | 112.2 m | 108 m | 75.7 m |

## PP&E | 3.6 m | 3.9 m | 3.8 m | 3.8 m | 3.7 m | 3.4 m | 3.2 m | 3.2 m | 2.8 m |

## Goodwill | 1.3 m | 1.3 m | 1.3 m | 1.3 m | 1.3 m | 1.3 m | 1.3 m | 1.3 m | 1.3 m |

## Total Assets | 76.9 m | 79.4 m | 143.2 m | 151.4 m | 135.2 m | 127.9 m | 120.5 m | 116.1 m | 84.9 m |

## Accounts Payable | 3.2 m | 4.1 m | 10.5 m | 5.8 m | 6.8 m | 6.2 m | 7.2 m | 6.9 m | 8.8 m |

## Current Liabilities | 21.7 m | 21.2 m | 22.8 m | 22.2 m | 19.9 m | 22.8 m | 25.7 m | 22.9 m | 26.4 m |

## Common Stock | 74 k | 77 k | 95 k | 97 k | 97 k | 101 k | 102 k | 103 k | 103 k |

## Additional Paid-in Capital | 555.1 m | 569 m | 661.3 m | 670.3 m | 673.7 m | 694.7 m | 704.4 m | 716.2 m | 720.8 m |

## Retained Earnings | (511 m) | (521.8 m) | (551.4 m) | (567.4 m) | (583.1 m) | (614.7 m) | (632.8 m) | (647.2 m) | (679.3 m) |

## Total Equity | 44.2 m | 47.3 m | 109.9 m | 110.5 m | 95.5 m | 83.5 m | 74.6 m | 72.3 m | 41.5 m |

## Financial Leverage | 1.7 x | 1.7 x | 1.3 x | 1.4 x | 1.4 x | 1.5 x | 1.6 x | 1.6 x | 2 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | (43.3 m) | (38.8 m) | (55.9 m) | (62.9 m) |

## Depreciation and Amortization | 202 k | 202 k | 202 k | 202 m |

## Accounts Receivable | (1.7 m) | 632 k | (301 k) | (1.1 m) |

## Inventories | (1.8 m) | 3 m | 4 m | (1.8 m) |

## Accounts Payable | (1.5 m) | (973 k) | (3.9 m) | 3.3 m |

## Cash From Operating Activities | (26.8 m) | (39.8 m) | (51.1 m) | (53.5 m) |

## Capital Expenditures | (663 k) | (2.1 m) | (722 k) | (563 k) |

## Cash From Investing Activities | (29.1 m) | (3.3 m) | 1.4 m | (19.9 m) |

## Long-term Borrowings | (7.6 m) | (3.5 m) | (113 k) | (622 k) |

## Cash From Financing Activities | 58.6 m | 36.5 m | 98 m | 24.6 m |

## Interest Paid | 294 k | 563 k | 1.1 m | 1.4 m |

## Income Taxes Paid | 146 k | 177 k | 153 k | 157 k |

## Free Cash Flow | (27.5 m) | (41.9 m) | (51.9 m) | (54.1 m) |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | (7.6 m) | (10.8 m) | (9.5 m) | (16 m) | (15.7 m) | (16.9 m) | (18.2 m) | (14.4 m) | (18.6 m) |

## Depreciation and Amortization | 51 k | 50 k | 50 k | 51 k | 50 k | 50 k | 51 k | 50 k | 50 k |

## Accounts Receivable | 4.5 m | 7.4 m | 5.2 m | 5.4 m | 5.6 m | 4.1 m | 5.1 m | 7.4 m | 5.6 m |

## Inventories | 13.4 m | 13.5 m | 16.1 m | 13.7 m | 12.8 m | 11.3 m | 12.1 m | 12.2 m | 12.9 m |

## Accounts Payable | 3.2 m | 4.1 m | 10.5 m | 5.8 m | 6.8 m | 6.2 m | 7.2 m | 6.9 m | 8.8 m |

Y, 2017 | |
---|---|

## Financial Leverage | 2 x |