Standard BioTools Inc.

NasdaqGM:SLGC Stock Report

Market Cap: US$396.2m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Standard BioTools Past Earnings Performance

Past criteria checks 0/6

Standard BioTools's earnings have been declining at an average annual rate of -32.2%, while the Life Sciences industry saw earnings growing at 20.7% annually. Revenues have been growing at an average rate of 13% per year.

Key information

-32.17%

Earnings growth rate

-3.23%

EPS growth rate

Life Sciences Industry Growth21.51%
Revenue growth rate12.99%
Return on equity-26.25%
Net Margin-159.54%
Last Earnings Update30 Sep 2023

Recent past performance updates

Recent updates

Analysis Article Dec 19

Why Investors Shouldn't Be Surprised By SomaLogic, Inc.'s (NASDAQ:SLGC) P/S

SomaLogic, Inc.'s ( NASDAQ:SLGC ) price-to-sales (or "P/S") ratio of 4.9x may not look like an appealing investment...
Analysis Article Nov 10

SomaLogic, Inc. (NASDAQ:SLGC) Just Reported, And Analysts Assigned A US$3.93 Price Target

SomaLogic, Inc. ( NASDAQ:SLGC ) investors will be delighted, with the company turning in some strong numbers with its...
Analysis Article Apr 17

SomaLogic, Inc. (NASDAQ:SLGC) Stocks Shoot Up 33% But Its P/S Still Looks Reasonable

SomaLogic, Inc. ( NASDAQ:SLGC ) shareholders are no doubt pleased to see that the share price has bounced 33% in the...
Analysis Article Apr 02

Downgrade: Here's How Analysts See SomaLogic, Inc. (NASDAQ:SLGC) Performing In The Near Term

Today is shaping up negative for SomaLogic, Inc. ( NASDAQ:SLGC ) shareholders, with the analysts delivering a...
Seeking Alpha Oct 17

SomaLogic appoints former Foundation Medicine chief as executive chair

SomaLogic (NASDAQ:SLGC) said Monday it appointed board member and biotech veteran Troy Cox as executive chair of its board, effective immediately. Chuck Lillis, the company's current chair, continue to serve as a board member. Cox has over 30 years' experience in life sciences and biopharmaceuticals, who'd earlier served as CEO of Foundation Medicine.
Seeking Alpha Jul 26

SomaLogic acquires Palamedrix to develop next-generation SomaScan Assay

SomaLogic (NASDAQ:SLGC) to acquire Palamedrix, an innovator in DNA nanotechnology, that provides deep scientific and engineering expertise, miniaturization technology and enhanced ease-of-use capabilities that company intends to leverage as it develops the next generation of the SomaScan Assay. Under the terms of the merger agreement, company will pay at closing $35M, comprising $14M in cash and $21M in company stock. Up to an additional $17.5M may be paid in connection with the achievement of certain future revenue-based milestones.  Transaction expected to close in Q3 and is not expected to contribute to revenue. As part of the transaction, company will obtain the intellectual property covering Palamedrix’s core DNA-based technology platform for the integration of molecular biosensors onto chips.
Analysis Article Jun 06

We're Hopeful That SomaLogic (NASDAQ:SLGC) Will Use Its Cash Wisely

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Seeking Alpha Apr 12

SomaLogic Inc: A Biopharmaceutical Company With An Excellent Upside

SomaLogic offers a pioneering platform for the study and engineering of various proteins, which lends itself to a large number of diseases giving the company a large pipeline. The company’s business approach sees them partner with other companies, selling the rights to utilize their platforms in their research which provides revenue while keeping costs low. The company recently announced that it would lend its services to EPIC for a project that aims to analyze and understand cancer development to predict it in the future.
Analysis Article Mar 09

Calculating The Intrinsic Value Of SomaLogic, Inc. (NASDAQ:SLGC)

Does the March share price for SomaLogic, Inc. ( NASDAQ:SLGC ) reflect what it's really worth? Today, we will estimate...
Analysis Article Dec 28

We Think SomaLogic (NASDAQ:SLGC) Can Easily Afford To Drive Business Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Seeking Alpha Oct 14

SomaLogic: The Highest Number Of Proteins Analyzable In A Single Blood Sample In Proteomics

SomaLogic was founded in 2000 by Larry Gold, who earlier founded NeXstar Pharmaceuticals, which was acquired by Gilead (GILD) for $550M. Institutional holders in the company include Ark Investment Management, Perceptive Advisors, Illumina, Softbank, Redmile Group, etc. The SomaScan Discovery Platform can analyze 7000 proteins in just 55 microL of blood sample, over 3.5x than competition. Current customers include Bristol-Myers Squibb (BMY), Novartis, Stanford, University of Cambridge, Henry Ford Health System, Alkahest, Louisiana State University, etc. This could be a 10x potential investment opportunity in a 10+ years time frame even if it occupies just 10% market share in the global proteomics market.

Revenue & Expenses Breakdown

How Standard BioTools makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGM:SLGC Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2382-1301260
30 Jun 23101-1411500
31 Mar 2395-1391580
31 Dec 2298-1091550
30 Sep 22102-831460
30 Jun 2280-921180
31 Mar 2286-82960
31 Dec 2182-88780
30 Sep 2187-7358-2
30 Jun 2181-39460
31 Mar 2168-45400
31 Dec 2056-53370
31 Dec 1932-57330

Quality Earnings: SLGC is currently unprofitable.

Growing Profit Margin: SLGC is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SLGC is unprofitable, and losses have increased over the past 5 years at a rate of 32.2% per year.

Accelerating Growth: Unable to compare SLGC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SLGC is unprofitable, making it difficult to compare its past year earnings growth to the Life Sciences industry (-11.4%).


Return on Equity

High ROE: SLGC has a negative Return on Equity (-26.25%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/01/09 05:27
End of Day Share Price 2024/01/05 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

Standard BioTools Inc. is covered by 3 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kyle MiksonCanaccord Genuity
Brandon CouillardJefferies LLC
Daniel BrennanTD Cowen