NasdaqGS:LABLife Sciences
Standard BioTools (LAB): Profitability Challenges Persist Despite Attractive Price-to-Sales Ratio
Standard BioTools (LAB) remains unprofitable, with net losses deepening at an average annual rate of 17.3% over the last five years. Revenue is forecast to grow by just 2.5% per year, which trails the broader US market’s average of 10.5%. Despite a comparatively attractive Price-to-Sales ratio of 2.5x versus industry peers, there is no sign of positive net profit margin or margin improvement. The company is expected to continue booking losses for at least the next three years.
See our full...