Precipio

Precipio (formerly Transgenomic) is a biotechnology company advancing personalized medicine for the detection and treatment of cancer and integrated diseases through its proprietary molecular technologies and clinical and research services. The Company develops Multiplexed ICE COLD-PCR (“MX-ICP”) product to the clinical market, enabling the use of blood and other bodily fluids for more effective and patient-friendly diagnosis, monitoring, and treatment of cancer. MX-ICP improves the ability to detect genetic mutations by 100 - 400 fold over existing technologies. This technology has been validated internally on all currently available sequencing platforms, including Sanger, Next Gen Sequencing, and Digital PCR.

Company Growth (employees)
Type
Public
HQ
Omaha, US
Founded
1997
Size (employees)
19 (est)-48%
Precipio was founded in 1997 and is headquartered in Omaha, US

Precipio Office Locations

Precipio has offices in Omaha and New Haven
Omaha, US (HQ)
12325 Emmet St
New Haven, US
5 Science Park

Precipio Data and Metrics

Precipio Financial Metrics

Precipio's revenue was reported to be $1.6 m in FY, 2016 which is a 6% decrease from the previous period.
USD

Revenue (FY, 2016)

1.6 m

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

(6%)

Gross profit (FY, 2016)

(205 k)

Gross profit margin (FY, 2016), %

(13%)

Net income (FY, 2016)

(7.6 m)

Market capitalization (12-Jun-2017)

223.8 k

Closing share price (12-Jun-2017)

0.3

Cash (31-Mar-2017)

59 k
Precipio's current market capitalization is $223.8 k.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

27.5 m27.1 m1.7 m1.6 m

Revenue growth, %

(2%)(94%)(6%)

Cost of goods sold

15 m17.4 m1.9 m1.8 m

Gross profit

12.5 m9.7 m(287 k)(205 k)

Gross profit Margin, %

45%36%(17%)(13%)

R&D expense

1.4 m

General and administrative expense

6.2 m

Operating expense total

7.6 m

EBIT

(15.8 m)(17.3 m)(9.2 m)

EBIT margin, %

(57%)(64%)(556%)

Interest expense

642 k665 k724 k1 m

Interest income

642 k665 k724 k

Pre tax profit

(16 m)(13.4 m)(10.1 m)(8.3 m)

Income tax expense

(54 k)524 k

Net Income

(16 m)(13.9 m)(33 m)(7.6 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

1.6 m1.6 m444 k110 k

Accounts Receivable

5.3 m7.6 m264 k225 k

Inventories

4 m3 m24 k

Current Assets

11.8 m13.4 m3.3 m495 k

PP&E

2 m1.5 m259 k144 k

Goodwill

6.9 m6.9 m

Accounts Payable

2.9 m4.9 m3.8 m6.5 m

Current Liabilities

8.6 m11.1 m17 m19.8 m

Total Liabilities

20.6 m

Additional Paid-in Capital

179.5 m189.7 m200.4 m205.9 m

Retained Earnings

(168.5 m)(183.6 m)(213.4 m)(225.5 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

1.2 m880 k5.4 m2.3 m2.8 m222 k421 k71 k59 k

Accounts Receivable

7.3 m7.5 m8.3 m9.7 m9.3 m170 k328 k180 k279 k

Inventories

4 m3.6 m3 m2.6 m44 k39 k36 k15 k

Current Assets

13.4 m13.7 m18.2 m15.5 m16.1 m2.1 m1.8 m866 k567 k

PP&E

1.8 m1.7 m1.3 m1.3 m303 k237 k204 k172 k127 k

Goodwill

6.9 m6.9 m6.9 m6.9 m6.9 m

Accounts Payable

3.5 m3.4 m5 m4.7 m3.7 m5 m5.6 m6.3 m8.5 m

Current Liabilities

9.8 m9.8 m11.1 m13.3 m16.1 m17.3 m17.7 m18.3 m21.1 m

Additional Paid-in Capital

186.9 m187.2 m196.5 m197.2 m200.3 m201 m201.1 m201.5 m206.3 m

Retained Earnings

(177.1 m)(177.5 m)(187 m)(186.8 m)(194.1 m)(216.7 m)(217.7 m)(219.6 m)(227.3 m)

Total Equity

10.9 m6.7 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(16 m)(13.9 m)(33 m)(7.6 m)

Depreciation and Amortization

2.7 m2.2 m489 k262 k

Accounts Receivable

(2.8 m)(8.5 m)133 k(33 k)

Inventories

908 k715 k(113 k)26 k

Accounts Payable

801 k2 m(365 k)3.1 m

Cash From Operating Activities

(2.9 m)(17 k)(12.4 m)(3.6 m)

Purchases of PP&E

(605 k)(130 k)(204 k)(19 k)

Cash From Investing Activities

(1.8 m)

Interest Paid

724 k229 k493 k
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Accounts Receivable

7.3 m7.5 m8.3 m9.7 m9.3 m170 k328 k180 k279 k

Inventories

15 k

Accounts Payable

3.5 m3.4 m5 m4.7 m3.7 m5 m5.6 m6.3 m8.5 m

Precipio Market Value History

Traffic Overview of Precipio

Precipio Online and Social Media Presence

Precipio Company Life and Culture

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