Sequenom Financials

Revenue/Financials

Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015

Revenue

162.4 m151.6 m128.3 m

Revenue growth, %

(7%)(15%)

Cost of goods sold

102.7 m83.5 m67 m

Gross profit

59.7 m68.1 m61.3 m

Gross profit Margin, %

37%45%48%

R&D expense

25 m

General and administrative expense

46.9 m

Operating expense total

71.9 m

EBIT

(98.4 m)(13.7 m)(7.9 m)

EBIT margin, %

(61%)(9%)(6%)

Interest expense

8.4 m8.2 m8.1 m

Interest income

55 k71 k

Pre tax profit

(107.1 m)(22 m)(16.1 m)

Income tax expense

(301 k)(7.7 m)(244 k)

Net Income

(107.4 m)1 m(16.3 m)

Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015

Cash

61.6 m63.3 m50.3 m

Accounts Receivable

10.2 m9.1 m6.4 m

Inventories

17 m6.5 m2.4 m

Current Assets

101.5 m121.7 m89 m

Goodwill

10 m10 m10 m

Total Assets

144.7 m161.1 m118.8 m

Accounts Payable

10 m6.1 m5.2 m

Current Liabilities

49.6 m56 m21.5 m

Additional Paid-in Capital

967 m981.9 m991 m

Retained Earnings

(1 b)(1 b)(1 b)

Total Equity

(31.2 m)(38.4 m)

Financial Leverage

-5.2 x-3.1 x

Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015

Net Income

(107.4 m)1 m(16.3 m)

Depreciation and Amortization

15.1 m12.2 m

Accounts Receivable

(2.3 m)(6.6 m)

Inventories

(6.2 m)5.1 m

Accounts Payable

(90 k)(5.7 m)

Cash From Operating Activities

(85.6 m)(28.1 m)(13 m)

Cash From Investing Activities

29.4 m32.9 m

Cash From Financing Activities

(6.1 m)(5.7 m)

Interest Paid

7.4 m7.1 m