GenMark Diagnostics

GenMark Diagnostics is a leading provider of automated, multiplex molecular diagnostic testing systems. Utilizing GenMark's proprietary eSensor detection technology, GenMark's eSensor XT-8 system and ePlex sample-to-answer systems are designed to support a broad range of molecular diagnostic tests with a compact, easy-to-use workstation and self-contained, disposable test cartridges. At GenMark, we’re changing the diagnostics landscape, combining out-of-the-box thinkers and game-changing technology to revolutionize patient care. Our work atmosphere is dynamic, fast-paced, and patient-focused. We encourage teamwork, while reinforcing the importance of individuality, and encouraging an entrepreneurial spirit. GenMark is not just a job – it’s a way of life. We also provide opportunities to volunteer in the community, participate in sports leagues, and enjoy company social events. Culture is the cornerstone of what makes GenMark a special place to work. We are proud to embrace a culture of accountability in the work we do.
Company Growth (employees)
Type
Public
HQ
Carlsbad, US
Founded
2010
Size (employees)
308 (est)+33%
GenMark Diagnostics was founded in 2010 and is headquartered in Carlsbad, US

GenMark Diagnostics Office Locations

GenMark Diagnostics has offices in Carlsbad, Englewood, Chicago, Minneapolis and in 26 other locations
Carlsbad, US (HQ)
5964 La Pl Ct
Zug, CH
6 General Guisan Strasse

GenMark Diagnostics Metrics

GenMark Diagnostics Financial Metrics

Revenue (2016)

$49.3 m

Revenue growth (2015-16), %

25%

Gross profit

$29.6 m

Gross profit margin (2016), %

60%

Net income (2016)

($50.6 m)

Market capitalization (21-Mar-2017)

$606.5 m

Closing share price (21-Mar-2017)

$13

Cash (31-Dec-2016)

$16 m
GenMark Diagnostics's current market capitalization is $606.5 m.
GenMark Diagnostics's revenue was reported to be $49.3 m in FY, 2016 which is a 25% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$27.4 m$30.6 m$39.4 m$49.3 m

Revenue growth, %

12%29%25%

Cost of goods sold

$15.3 m$19.7 m

Gross profit

$11.5 m$17.5 m$24.1 m$29.6 m

Gross profit Margin, %

42%57%61%60%

Operating expense total

$46.4 m$56.5 m$65.6 m$78.6 m

EBIT

($34.9 m)($39.1 m)($41.5 m)($49 m)

EBIT margin, %

(127%)(128%)(105%)(99%)

Interest expense

$880 k$1.5 m

Interest income

$125 k$176 k

Pre tax profit

($42.2 m)($50.5 m)

Income tax expense

$40 k$100 k

Net Income

($33.6 m)($38.3 m)($42.2 m)($50.6 m)
Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

$16.5 m$51.3 m$25.3 m$51.3 m$35.7 m$36.9 m$35.4 m$16 m

Accounts Receivable

Inventories

$2.1 m$2.1 m$3.1 m$3.1 m

Current Assets

$111.1 m$78.1 m$56 m$58.4 m

PP&E

$8.6 m$11.1 m$11.4 m$18.3 m

Total Assets

$121.8 m$92 m$70.7 m$80.3 m

Accounts Payable

$3.9 m$3.5 m$4.4 m$4.4 m

Current Liabilities

$10.2 m$12.3 m$10.6 m$26.4 m

Additional Paid-in Capital

$333.4 m$340.5 m$353.2 m$393.3 m

Retained Earnings

($224.2 m)($262.5 m)($304.7 m)($355.3 m)

Total Equity

$48.6 m$38.2 m

Financial Leverage

1.5 x2.1 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

($33.6 m)($38.3 m)($42.2 m)($50.6 m)

Depreciation and Amortization

$2.5 m$2.7 m$3.4 m$3.9 m

Accounts Receivable

($2.4 m)($2 m)($2.3 m)($2.3 m)

Inventories

($1.3 m)($229 k)($3.5 m)($3.5 m)

Accounts Payable

$1.3 m$85 k$4.1 m$4.1 m

Cash From Operating Activities

($23.8 m)($29.6 m)($31.9 m)($35.6 m)

Purchases of PP&E

($4.3 m)($5.7 m)($3.8 m)($7 m)

Cash From Investing Activities

($72.6 m)$29.4 m$19.3 m($24.1 m)

Cash From Financing Activities

$80.8 m$1.3 m$11.1 m$40.4 m

Interest Paid

$19 k$20 k$572 k$1.1 m

Income Taxes Paid

$21 k$24 k$10 k$65 k

GenMark Diagnostics Market Value History

GenMark Diagnostics Job Categories

GenMark Diagnostics Company Life

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