23andMe Holding Co. (OQ:ME)
Business Focus: Medical & Diagnostic Laboratories
| Sector: Healthcare | Industry: Healthcare Facilities & Services |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 349 Oyster Point Boulevard SOUTH SAN FRANCISCO CA 94080 |
| Tel: | N/A |
| Website: | https://investors.23andme.com |
| IR: | See website |
| Key People | ||
| Anne Wojcicki Chairman of the Board, President, Chief Executive Officer, Co-Founder | Joe Selsavage Chief Financial and Accounting Officer | |
| Business Overview |
| 23andMe Holding Co. is a genetics-led consumer healthcare and biopharmaceutical company. The Company operates through two segments: Consumer & Research Services and Therapeutics. The Consumer & Research Services business segment comprises its Personal Genome Service (PGS), telehealth business, and research service. PGS services provide customers with a broad suite of genetic reports, including information on customers' genetic ancestral origins, personal genetic health risks, and chances of passing on certain rare carrier conditions to their children, as well as reports on how genetics can impact responses to medications. The Therapeutics business segment focuses on the use of genetic insights from databases of genetic and phenotypic information to develop novel therapies to improve patients' lives. The Therapeutics segment consists of out-licensing of intellectual property associated with identified drug targets and expenses related to therapeutic product candidates. |
| Financial Overview |
| For the three months ended 30 June 2024, 23andMe Holding Co. revenues decreased 34% to $40.4M. Net loss decreased 34% to $69.4M. Revenues reflect Research services segment decrease of 91% to $1.3M, Consumer services segment decrease of 12% to $32.5M, United Kingdom segment decrease of 85% to $2.1M, United States segment decrease of 19% to $35.3M. Lower net loss reflects Stock-based Compensation in S decrease of 81% to $6.7M (expense). |
| Employees: | 560 as of Mar 31, 2024 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $26.72M as of Jun 30, 2024 |
| Annual revenue (TTM): | $199.19M as of Jun 30, 2024 |
| EBITDA (TTM): | -$272.74M as of Jun 30, 2024 |
| Net annual income (TTM): | -$631.48M as of Jun 30, 2024 |
| Free cash flow (TTM): | -$146.49M as of Jun 30, 2024 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 506,010,053 as of Jul 31, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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