Precigen (PGEN) FY2023 results: revenue $6 million, down 76.9% on the year
Precigen, Inc. (PGEN) reported revenue of $6 million for fiscal 2023, the year ended 31 December 2023, down 76.9% on the year before. Net income was -$96 million, and diluted earnings per share $-0.39. The figures are the company's own, from the 10-K it filed with the SEC on 25 March 2026.
Revenue
$6 million
-76.9% on the year
FY2016FY2023
Operating margin
-1602.5%
FY2016FY2023
Net income
-$96 million
FY2016FY2023
Diluted EPS
-$0.39
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
-66.9
-65.0
-55.8
Capital expenditure
1.5
4.9
7.2
-68.8%
Free cash flow
-68.5
-70.0
-63.0
Free cash flow margin
-1099.9%
-260.0%
-441.7%
Cash from investing
-3.1
226
-74.5
Cash from financing
29.6
-155
121
Depreciation and amortisation
6.7
10.8
13.8
-38.1%
Share-based compensation
9.9
10.2
13.9
-3.1%
Diluted shares, weighted
245m
200m
198m
+22.0%
Shares outstanding at period end
249m
208m
207m
+19.6%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
118
126
107
-6.1%
Redeemable equity
0.0
0.0
n/a
Short-term borrowings
n/a
43.2
n/a
Debt
0.0
43.2
180
Operating lease liabilities
5.9
7.0
8.7
-15.7%
Other liabilities
26.6
n/a
63.8
Total liabilities and equity
151
216
360
-30.1%
Fixed assets
7.1
7.3
8.6
-3.0%
Goodwill
26.6
36.9
37.6
-27.9%
Intangible assets
40.7
44.5
52.3
-8.4%
Investments
55.3
51.1
121
+8.2%
Cash and equivalents
7.6
4.9
36.4
+56.0%
Receivables
0.9
1.0
1.3
-7.8%
Other assets
12.9
70.3
103
-81.7%
Total assets
151
216
360
-30.1%
10-K for the year ended 31 December 2023, filed 25 March 2026: the filing.