Filing Flows › Absci (ABSI) › Q4 2024
Absci (ABSI) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 18, 2025
Absci (ABSI) reported revenue of $665K for the fourth quarter 2024 (Q4 2024), +97% from a year earlier and -61% from the quarter before.
Absci, Q4 2024: revenue $665K (+97% year over year), net loss $29.0M, operating cash flow −$17.0M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $665K | -61% | +97% |
| Operating profit | −$29.8M | — | — |
| Net earnings | −$29.0M | — | — |
| Operating cash flow | −$17.0M | — | — |
What changed
Revenue was $665K in Q4 2024, up 97% year over year and down 61% from the previous quarter.
Operating costs exceeded revenue by $29.8M, an operating margin of -4477.3%. Total costs grew 21% against revenue growth of 97%. The fastest-growing cost line was Research & development (+50%). The quarter ended with a net loss of $29.0M, wider than the previous quarter's $27.4M loss.
Operating cash flow was −$17.0M. Non-cash charges added back $3.2M of depreciation and amortization and $5.1M of share-based compensation. Working capital and other items added $3.7M. Capital expenditures of $23K exceeded it, leaving free cash flow of −$17.0M.
Questions
What was Absci's revenue in the fourth quarter 2024?
Absci (ABSI) reported revenue of $665K for the fourth quarter 2024 (Q4 2024), +97% from a year earlier and -61% from the quarter before.
Source: Absci 10-K on SEC EDGAR.