CryoPort Inc (OQ:CYRX)

Sector:  Industrials Industry:  Air Freight & Logistics
 
See Regulatory Filings on SEC
Company Contact
Address: 112 Westwood Place, Suite 350
BRENTWOOD TN 37027
Tel: N/A
Website: https://www.cryoport.com
IR: See website
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Key People
Jerrell Wilson Shelton
Chairman of the Board, President, Chief Executive Officer
Robert S. Stefanovich
Chief Financial Officer, Senior Vice President, Chief Administrative Officer
Edward J. Zecchini
Senior Vice President, Chief Digital and Technology Officer
Mark Sawicki
Senior Vice President, Chief Scientific Officer
   
Business Overview
Cryoport, Inc. is engaged in supply chain solutions for cell and gene therapies. The Company's supply chain solutions enable manufacturers, contract manufacturers (CDMO's), contract research organizations (CRO's), developers, and researchers to carry out their business with certainty. The Company provides a broad array of supply chain solutions for the life sciences industry. Through its platform of critical products and solutions, including advanced temperature-controlled packaging, informatics, specialized bio-logistics services, bio-storage, bio-services, and cryogenic systems, the Company is enabling the future of medicine worldwide, through its systems, compliant procedures, and approach to supply chain management. Its products and services include Cryoport Express Shippers, Cryoport ELITE Shipper Systems, Cryoport Consulting Services, Cryoport Bioservices, CRYOGENE, CRYOPDP Temperature-controlled Logistics, Cryoport Cryoshuttle, IntegriCell Services, Tec4Med, and others.
Financial Overview
For the fiscal year ended 31 December 2023, CryoPort Inc revenues decreased 2% to $233.3M. Net loss applicable to common stockholders increased from $45.3M to $107.6M. Revenues reflect Asia Pacific segment decrease of 33% to $45.2M, Americas segment decrease of 1% to $127.2M. Higher net loss reflects General and administrative - Balancing v increase of 24% to $128.1M (expense), Engineering and development increase of 17% to $16.3M (expense).
Employees: 1,019 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $787.58M as of Dec 31, 2023
Annual revenue (TTM): $233.26M as of Dec 31, 2023
EBITDA (TTM): -$31.16M as of Dec 31, 2023
Net annual income (TTM): -$107.59M as of Dec 31, 2023
Free cash flow (TTM): -$45.66M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 49,164,478 as of Mar 18, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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