Rapid Micro Biosystems, Inc. financial data

Symbol
RPID on Nasdaq
Industry
Laboratory Analytical Instruments
Location
1001 Pawtucket Blvd., Lowell, Massachusetts
State of incorporation
Massachusetts
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 3, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 737 % -23.4%
Quick Ratio 126 % -9.27%
Debt-to-equity 18.5 % +39.9%
Return On Equity -42.3 % -22.1%
Return On Assets -35.7 % -16.6%
Operating Margin -242 % +30.8%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 28.2 M USD +16.7%
Weighted Average Number of Shares Outstanding, Basic 43.2 M shares +1.01%
Weighted Average Number of Shares Outstanding, Diluted 43.2 M shares +1.01%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 23.1 M USD +28.2%
Research and Development Expense 13.5 M USD +8.12%
Selling and Marketing Expense 13.1 M USD -12.4%
General and Administrative Expense 24.1 M USD -11.4%
Costs and Expenses 79.1 M USD -2.52%
Operating Income (Loss) -56 M USD +11.3%
Nonoperating Income (Expense) 4.09 M USD +49.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -52.4 M USD +14.6%
Income Tax Expense (Benefit) 27 K USD -57.1%
Net Income (Loss) Attributable to Parent -51.9 M USD +13.2%
Earnings Per Share, Basic -1.21 USD/shares +13.6%
Earnings Per Share, Diluted -1.21 USD/shares +13.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 22.4 M USD -8.1%
Accounts Receivable, after Allowance for Credit Loss, Current 4.92 M USD -10.7%
Inventory, Net 20.4 M USD -2.51%
Other Assets, Current 1.02 M USD -6.35%
Assets, Current 108 M USD -16.2%
Property, Plant and Equipment, Net 12.6 M USD -6.62%
Operating Lease, Right-of-Use Asset 5.73 M USD -12.1%
Other Assets, Noncurrent 684 K USD -35.2%
Assets 128 M USD -26.3%
Accounts Payable, Current 1.16 M USD -9.56%
Employee-related Liabilities, Current 2.78 M USD +0.11%
Accrued Liabilities, Current 7.05 M USD +15.5%
Contract with Customer, Liability, Current 6.23 M USD +13.4%
Liabilities, Current 15.6 M USD +14.2%
Contract with Customer, Liability, Noncurrent 0 USD
Operating Lease, Liability, Noncurrent 5.67 M USD -14.6%
Other Liabilities, Noncurrent 272 K USD +14.3%
Liabilities 21.8 M USD +4.56%
Accumulated Other Comprehensive Income (Loss), Net of Tax -78 K USD +88.2%
Retained Earnings (Accumulated Deficit) -442 M USD -13.3%
Stockholders' Equity Attributable to Parent 106 M USD -30.5%
Liabilities and Equity 128 M USD -26.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -15.5 M USD +6.96%
Net Cash Provided by (Used in) Financing Activities 158 K USD +29.5%
Net Cash Provided by (Used in) Investing Activities 13.5 M USD -2.84%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 22.7 M USD -8.01%
Interest Paid, Excluding Capitalized Interest, Operating Activities 9 K USD -10%
Deferred Tax Assets, Valuation Allowance 71.1 M USD +20.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 72.9 M USD +19.6%
Operating Lease, Liability 6.77 M USD -8.22%
Payments to Acquire Property, Plant, and Equipment 585 K USD -22.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -51.3 M USD +14.2%
Lessee, Operating Lease, Liability, to be Paid 7.48 M USD -13%
Property, Plant and Equipment, Gross 27.6 M USD +6.4%
Operating Lease, Liability, Current 1.11 M USD +48.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.4 M USD +4.63%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.37 M USD +4.75%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) -12.4 M USD +23.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 706 K USD -25.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.44 M USD +4.67%
Deferred Tax Assets, Operating Loss Carryforwards 55.8 M USD +20.2%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -11.2 M USD +16.3%
Current Income Tax Expense (Benefit) 31 K USD
Preferred Stock, Shares Authorized 10 M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.47 M USD +4.56%
Operating Lease, Payments 331 K USD +4.75%
Additional Paid in Capital 547 M USD +0.89%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 0 USD
Current Federal Tax Expense (Benefit) 0 USD
Depreciation, Depletion and Amortization 806 K USD +6.19%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 4.59 M USD +7.32%
Deferred State and Local Income Tax Expense (Benefit) -1.24 M USD +56.1%
Interest Expense 815 K USD -98.9%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%