Absci Corporation

NasdaqGS:ABSI Stock Report

Market Cap: US$345.7m

Absci Management

Management criteria checks 2/4

Absci's CEO is Sean McClain, appointed in Aug 2011, has a tenure of 13.33 years. total yearly compensation is $3.10M, comprised of 20% salary and 80% bonuses, including company stock and options. directly owns 7.56% of the company’s shares, worth $26.14M. The average tenure of the management team and the board of directors is 2 years and 1.8 years respectively.

Key information

Sean McClain

Chief executive officer

US$3.1m

Total compensation

CEO salary percentage20.0%
CEO tenure13.3yrs
CEO ownership7.6%
Management average tenure2yrs
Board average tenure1.8yrs

Recent management updates

Recent updates

Absci Corporation: Struggling To Live Up To Its AI Promise

Nov 20

Is Absci (NASDAQ:ABSI) A Risky Investment?

Nov 13
Is Absci (NASDAQ:ABSI) A Risky Investment?

Absci: Embryonic Pipeline Looks Expensive Relative To Peers

Oct 29

Absci: AI-Driven Platform Could Establish Best-In-Class TL1A Drug Targeting Profile

Oct 03

Absci Corporation Leverages AI For Rapid Drug Discovery And Promising Partnerships

Jul 28

Is Absci (NASDAQ:ABSI) A Risky Investment?

Jun 17
Is Absci (NASDAQ:ABSI) A Risky Investment?

Absci: 'AI' Tag Keeping Company Afloat While Searching For Right Formula

May 16

Absci: Differentiated Antibody Discovery Play

Feb 27

Absci GAAP EPS of -$0.32 misses by $0.01, revenue of $1M misses by $0.68M

Aug 11

Absci teams up to help develop antibody drugs for cancer

Jul 07

Merck And Absci: AI-Driven Drug Development Deal Has Promise, But May Take Years To Pay Out

Jan 10

IPO Day With Absci CEO Sean McClain - The Google Of Synthetic Biology (Video)

Jul 22

CEO Compensation Analysis

How has Sean McClain's remuneration changed compared to Absci's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$98m

Jun 30 2024n/an/a

-US$92m

Mar 31 2024n/an/a

-US$109m

Dec 31 2023US$3mUS$620k

-US$111m

Sep 30 2023n/an/a

-US$106m

Jun 30 2023n/an/a

-US$112m

Mar 31 2023n/an/a

-US$99m

Dec 31 2022US$4mUS$600k

-US$105m

Sep 30 2022n/an/a

-US$111m

Jun 30 2022n/an/a

-US$107m

Mar 31 2022n/an/a

-US$121m

Dec 31 2021US$4mUS$505k

-US$103m

Sep 30 2021n/an/a

-US$84m

Jun 30 2021n/an/a

-US$73m

Mar 31 2021n/an/a

-US$48m

Dec 31 2020US$1mUS$260k

-US$49m

Compensation vs Market: Sean's total compensation ($USD3.10M) is above average for companies of similar size in the US market ($USD2.15M).

Compensation vs Earnings: Sean's compensation has been consistent with company performance over the past year.

CEO

Sean McClain (34 yo)

13.3yrs

Tenure

US$3,097,371

Compensation

Mr. Sean Mcclain is the Founder of Absci Corporation (formerly known as AbSci, LLC) and serves as its Chief Executive Officer since August 2011 and Director since its formation in October 2020. Mr. Mcclain...

Leadership Team

NamePositionTenureCompensationOwnership
Sean McClain
Founder13.3yrsUS$3.10m7.56%
$ 26.1m
Zachariah Jonasson
Chief Business Officer & CFO1.3yrsUS$2.20m0.084%
$ 291.3k
Andreas Busch
Chief Innovation Officer & Member of Scientific Advisory Board2.2yrsUS$2.15m0.048%
$ 166.3k
Todd Bedrick
Senior VP & Chief Accounting Officer2.4yrsno data0.027%
$ 93.6k
Alexander Khan
VP of Finance & Head of Investor Relations1.8yrsno datano data
Shelby Walker
Chief Legal Officerless than a yearno datano data
Karin Wierinck
Chief People Officer1.9yrsno datano data
Melissa Patterson
Chief of Staff2.8yrsno datano data
Jens Plassmeier
Senior Vice President of Synthetic Biology R&D2.9yrsno datano data
Wen Sha
Chief of Staff2.9yrsno datano data
Christine Lemke
Senior Vice President of Portfolio & Growth Strategy1.8yrsno datano data
Christian Stegmann
Senior Vice President of Drug Creation1.8yrsno datano data

2.0yrs

Average Tenure

50yo

Average Age

Experienced Management: ABSI's management team is considered experienced (2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Sean McClain
Founder4.2yrsUS$3.10m7.56%
$ 26.1m
Andreas Busch
Chief Innovation Officer & Member of Scientific Advisory Boardless than a yearUS$2.15m0.048%
$ 166.3k
Karen McGinnis
Lead Independent Director4.3yrsUS$169.46k0.013%
$ 45.2k
François van Houten
Independent Director1.5yrsUS$171.92k0%
$ 0
Daniel Rabinovitsj
Independent Director2.1yrsUS$96.37k0%
$ 0
Iain McInnes
Member of Scientific Advisory Boardless than a yearno datano data
Menelas Nicolas Pangalos
Independent Director & Member of Scientific Advisory Boardless than a yearno data0%
$ 0
Joseph Sirosh
Independent Director2.9yrsUS$101.59k0%
$ 0
Amrit Nagpal
Independent Director4.2yrsUS$108.87k0%
$ 0
Victor Greiff
Member of Scientific Advisory Board1.8yrsno datano data
Hubert Truebel
Member of Scientific Advisory Board1.8yrsno datano data

1.8yrs

Average Tenure

57yo

Average Age

Experienced Board: ABSI's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 01:56
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Absci Corporation is covered by 14 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael RyskinBofA Global Research
Tiago FauthCredit Suisse
Vamil DivanGuggenheim Securities, LLC