Harvard Bioscience Inc

Harvard Bioscience Inc

HBIO · NASDAQ · Healthcare / Medical Instruments & Supplies

9.39USD+0.18 (+1.90%)

Price History

Full chart

Market Stats

Previous Close9.22
Open9.50
Day Range9.37 – 9.67
52-Week Range3.76 – 9.40
Volume18.78K
Market Cap36.24M
P/E (TTM)0.00
Forward P/E15.06
EPS-2.29
Dividend Yield0.00%
Beta1.53
50-Day Avg7.10
200-Day Avg6.26

About

Harvard Bioscience, Inc. develops, manufactures, and sells technologies, products, and services for life science applications in the Americas, Europe, the Middle East, Africa, Asia, and internationally. The company offers cellular and molecular technology products, such as syringe and peristaltic infusion pump products; electroporation and electrofusion instruments, amino acid analyzers, spectrophotometers, and other equipment for molecular level testing and research; and precision scientific measuring instrumentation and equipment, including data acquisition systems for cellular analysis, complete micro electrode array solutions for in vivo recordings, and in vitro systems for extracellular recordings. It provides preclinical products that includes platform to assess physiological data from organisms for research, drug discovery, and drug development services comprising implantable and externally worn telemetry systems for use in research to collect cardiovascular, central nervous system, respiratory, and metabolic data; behavioral products; isolated organ and surgical products, instruments and accessories for tissue, and organ-based lab research, including surgical products, infusion systems, and behavior research systems; turn-key respiratory system solutions, including plethysmograph chambers, data acquisition hardware, physiological signal analysis software, and final report generation; inhalation and exposure systems; and GLP-capable data acquisition and analysis systems. The company markets its products through websites and distributors to research scientists in pharmaceutical and biotechnology companies, universities, hospitals, and government laboratories; and contract research organizations and academic laboratories. It primarily sells its products under the Harvard Apparatus, Biochrom, BTX, HEKA, KD Scientific, MCS, Warner, DSI, Panlab, Hugo Sachs, and Buxco brands. Harvard Bioscience, Inc. was founded in 1901 and is based in Holliston, Massachusetts.

Company Details

  • SectorHealthcare
  • IndustryMedical Instruments & Supplies
  • CEOMr. John Duke
  • Employees316
  • Headquarters84 October Hill Road, Holliston, MA, United States, 01746, USA
  • Websitehttps://www.harvardbioscience.com

Leadership

  • Mr. John DukePresident, CEO & Director · b. 1971
  • Mr. Mark T. FrostCFO, Treasurer, Principal Financial Officer & Principal Accounting Officer · b. 1963
  • Ms. Lori PackerVice President of Global People Operations
  • Mr. David PanzarellaSenior Vice President of Commercial
  • Kathryn FlynnCorporate Controller
  • David SiroisDirector of Corporate Accounting & SEC Reporting

Financials

Income Statement

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue12.15M26.18M30.57M40.87M57.38M87.14M92.60M67.43M76.18M83.41M88.05M85.77M108.18M108.86M111.17M105.17M108.66M108.66M104.52M101.88M120.77M116.18M102.10M118.90M113.33M112.25M94.14M86.55M
Growth (%)-+115.38%+16.80%+33.67%+40.40%+51.87%+6.26%-27.18%+12.98%+9.49%+5.57%-2.59%+26.12%+0.63%+2.12%-5.40%+3.32%+0.00%-3.81%-2.52%+18.54%-3.81%-12.12%+16.46%-4.68%-0.96%-16.14%-8.06%
Cost of Revenue5.35M12.72M15.10M20.64M28.82M43.73M46.52M34.16M38.09M43.16M45.89M44.09M56.40M58.60M58.75M57.48M59.32M59.94M56.11M54.28M57.59M51.85M44.06M51.25M52.52M46.18M39.37M40.67M
Gross Profit6.80M13.46M15.47M20.23M28.56M43.41M46.07M33.27M38.09M40.25M42.16M41.68M51.78M50.26M52.42M47.70M49.34M48.72M48.41M47.60M63.18M64.32M58.04M67.65M60.82M66.07M54.77M45.88M
Gross Margin55.97%51.40%50.61%49.50%49.77%49.82%49.76%49.35%50.00%48.25%47.88%48.60%47.86%46.17%47.15%45.35%45.41%44.84%46.32%46.72%52.31%55.37%56.85%56.90%53.66%58.86%58.18%53.01%
Operating Expense4.39M12.32M25.80M24.89M26.92M35.75M41.69M25.35M29.40M30.71M33.68M33.63M41.56M44.18M49.25M46.16M42.73M50.44M51.41M47.70M62.20M63.95M57.82M65.59M67.75M64.18M60.98M46.51M
Operating Income2.41M1.13M-10.33M-4.66M1.64M7.67M4.38M7.92M8.69M9.53M8.48M8.05M10.22M6.08M3.17M1.54M6.62M-1.71M-3.00M-101.00K984.00K377.00K221.00K2.07M-6.93M1.89M-6.21M-629.00K
Operating Margin19.85%4.33%-33.77%-11.40%2.86%8.80%4.73%11.75%11.41%11.43%9.63%9.39%9.45%5.58%2.85%1.46%6.09%-1.58%-2.87%-0.10%0.81%0.32%0.22%1.74%-6.12%1.69%-6.60%-0.73%
EBITDA2.44M2.39M-8.84M3.76M6.99M12.95M14.73M12.96M8.69M9.53M11.13M13.14M13.80M11.95M11.68M7.67M9.29M1.73M1.80M-101.00K5.36M7.64M5.17M9.02M944.00K8.03M-1.47M-46.52M
EBITDA Margin20.07%9.13%-28.90%9.19%12.17%14.87%15.91%19.22%11.41%11.43%12.65%15.32%12.76%10.98%10.51%7.29%8.54%1.59%1.72%-0.10%4.44%6.58%5.06%7.59%0.83%7.16%-1.57%-53.75%
Net Income71.00K-29.42M-49.87M-5.21M737.33K4.26M2.33M-31.88M-2.34M-1.35M1.67M7.23M19.02M3.81M2.37M-1.83M2.35M-19.04M-4.31M-865.00K-3.46M-4.69M-7.81M-288.00K-9.52M-3.42M-12.40M-56.70M
Net Income Margin0.58%-112.38%-163.11%-12.74%1.28%4.89%2.52%-47.27%-3.07%-1.62%1.90%8.43%17.58%3.50%2.13%-1.74%2.17%-17.52%-4.12%-0.85%-2.87%-4.03%-7.65%-0.24%-8.40%-3.04%-13.18%-65.51%
R&D325.00K1.19M1.53M3.18M4.15M6.26M7.19M2.95M3.15M3.71M4.05M4.40M4.71M5.43M7.32M4.15M4.88M6.42M5.39M5.64M10.99M10.71M8.69M10.80M12.33M11.76M10.41M8.82M
R&D as % of Total Revenue2.67%4.54%5.01%7.78%7.23%7.19%7.77%4.37%4.14%4.45%4.60%5.13%4.35%4.99%6.59%3.95%4.49%5.91%5.16%5.54%9.10%9.22%8.51%9.08%10.88%10.48%11.05%10.20%
Interest Expense00916.21K6.87K104.17K327.23K794.00K917.00K429.00K365.00K389.00K277.00K677.00K752.00K584.00K955.00K990.00K854.00K642.00K713.00K5.37M5.41M4.83M1.54M2.55M3.59M3.21M4.92M
Interest Expense % of Total Revenue0.00%0.00%3.00%0.02%0.18%0.38%0.86%1.36%0.56%0.44%0.44%0.32%0.63%0.69%0.53%0.91%0.91%0.79%0.61%0.70%4.44%4.66%4.73%1.30%2.25%3.20%3.41%5.68%

Balance Sheet

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets7.22M20.61M58.81M82.36M107.58M128.43M139.88M92.03M93.23M98.85M81.27M107.23M124.80M126.63M133.48M135.46M135.92M120.22M107.77M109.35M168.07M164.87M156.25M162.34M145.36M137.37M126.64M80.07M
Total Liabilities6.54M12.63M6.47M15.55M19.20M29.55M35.52M23.62M21.34M24.72M14.55M31.97M34.55M31.14M29.27M40.98M40.45M42.62M35.57M28.45M85.89M83.18M79.57M78.94M73.14M64.29M63.30M66.34M
Total Equity678.00K7.98M52.33M66.81M88.38M98.88M104.36M68.42M71.88M74.14M66.72M75.26M90.25M95.50M104.21M94.48M95.47M77.60M72.20M80.90M82.18M81.69M76.68M83.40M72.22M73.07M63.34M13.73M
Cash957.00K2.40M35.82M29.39M15.31M8.22M13.87M7.63M9.36M17.89M13.70M16.59M19.70M17.92M20.68M25.77M14.13M6.74M5.60M5.73M8.17M8.34M8.32M7.82M4.51M4.28M4.11M8.61M
Total Debt-8.07M7.79K4.53M1.10M13.19M16.54M8.52M3.00M7.75M1.42M13.32M18.01M16.30M12.95M24.75M21.45M18.90M13.75M11.75M60.80M64.47M57.60M56.96M54.24M42.77M44.49M44.28M
Net Debt-957.00K5.67M-35.81M-24.85M-14.21M4.96M2.67M889.00K-6.36M-10.14M-12.28M-3.27M-1.69M-1.62M-7.73M-1.02M7.32M12.16M8.15M6.01M52.62M56.13M49.28M49.14M49.73M38.49M40.39M35.66M

Cash Flow

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-2.93M2.15M4.10M799.46K2.03M11.44M5.20M8.36M12.05M9.20M16.51M12.29M6.35M8.06M4.06M4.35M705.00K5.38M1.06M2.34M8.05M9.33M1.26M1.15M14.03M1.44M6.73M
Investing Cash Flow--8.55M-5.33M-20.18M-12.37M-22.40M-10.42M-1.08M-3.78M-6.55M-2.63M-22.30M-8.35M-6.90M-4.68M171.00K-13.52M-7.52M-62.00K-917.00K-53.26M-229.00K-1.40M-1.34M-1.59M-1.80M-1.34M-1.86M
Financing Cash Flow-6.99M36.52M9.70M-3.14M13.05M4.21M-7.79M-5.29M3.03M-7.96M9.79M-31.00K-1.14M-1.06M68.00K-1.23M-540.00K-4.87M-1.79M53.05M-7.63M-7.97M-252.00K-2.84M-12.13M-131.00K-1.29M
Capital Expenditure0332.47K629.52K1.84M1.31M1.35M3.01M1.10M2.39M1.45M1.31M1.38M844.00K1.51M1.83M1.68M2.00M2.98M1.48M890.00K986.00K1.22M1.15M1.20M1.59M2.31M3.26M1.11M
Free Cash Flow-2.59M1.52M2.26M-507.27K678.65K8.43M4.09M5.97M10.60M7.89M15.13M11.45M4.84M6.23M2.38M2.35M-2.27M3.90M167.00K1.36M6.83M8.18M67.00K-438.00K11.72M-1.82M5.62M
Dividends Paid-121.67K171.07K--------19.03M10.07M4.43M000000-221.00K-200.00K1.63M---
FCF to OCF-88.64%70.66%55.10%-63.45%33.47%73.68%78.83%71.45%87.96%85.79%91.67%93.13%76.28%77.29%58.65%53.92%-322.41%72.52%15.80%57.94%84.89%87.65%5.31%-38.02%83.53%-126.60%83.44%
Dividend Paid to FCF-4.69%11.28%--------125.77%87.94%91.55%0.00%0.00%0.00%0.00%0.00%0.00%-3.24%-298.51%-371.69%---

Earnings

Report DateApr 25, 2001Jul 31, 2001Oct 25, 2001Feb 21, 2002Apr 25, 2002Jul 29, 2002Oct 29, 2002Mar 3, 2003Apr 30, 2003Jul 28, 2003Oct 28, 2003Mar 2, 2004May 6, 2004Jul 29, 2004Oct 28, 2004Mar 8, 2005May 5, 2005Aug 8, 2005Nov 3, 2005Mar 2, 2006May 4, 2006Aug 3, 2006Nov 1, 2006Mar 1, 2007May 8, 2007Aug 2, 2007Nov 1, 2007Feb 28, 2008May 2, 2008Aug 12, 2008Nov 5, 2008Feb 27, 2009May 1, 2009Aug 7, 2009Nov 5, 2009Feb 26, 2010Apr 29, 2010Aug 5, 2010Nov 3, 2010Feb 25, 2011Apr 28, 2011Aug 4, 2011Nov 3, 2011Mar 1, 2012May 3, 2012Aug 2, 2012Nov 1, 2012Feb 28, 2013May 2, 2013Aug 1, 2013Oct 31, 2013Feb 27, 2014May 1, 2014Jul 31, 2014Oct 30, 2014Feb 26, 2015Apr 30, 2015Jul 30, 2015Oct 29, 2015Mar 17, 2016May 12, 2016Jul 28, 2016Oct 27, 2016Mar 9, 2017Apr 27, 2017Jul 27, 2017Oct 26, 2017Mar 1, 2018May 2, 2018Jul 26, 2018Oct 25, 2018Feb 28, 2019May 2, 2019Jul 25, 2019Nov 5, 2019Feb 26, 2020May 5, 2020Aug 5, 2020Nov 5, 2020Mar 10, 2021May 6, 2021Aug 5, 2021Nov 3, 2021Mar 8, 2022May 4, 2022Aug 3, 2022Nov 8, 2022Mar 9, 2023Apr 25, 2023Aug 8, 2023Nov 7, 2023Mar 7, 2024May 7, 2024Aug 8, 2024Nov 7, 2024Mar 12, 2025May 12, 2025Aug 11, 2025Nov 6, 2025Mar 5, 2026May 12, 2026Aug 11, 2026Nov 5, 2026
EPS Estimate0.030.400.300.430.050.600.430.050.400.600.670.730.060.400.600.070.470.500.400.050.400.500.600.060.700.700.700.80----------0.09-0.950.820.78-0.810.840.640.040.590.130.09-0.020.740.350.630.090.600.400.500.040.300.300.300.040.130.300.330.050.270.530.400.070.350.400.500.090.30-0.100.200.070.250.650.600.100.550.550.550.030.450.550.400.050.250.500.150.05-0.40-0.250.050.04-0.95-0.21-0.17
EPS Actual0.050.400.400.400.050.600.400.050.500.600.600.900.030.400.500.060.300.800.500.060.500.700.600.080.700.800.701.000.22-0.700.330.680.610.090.441.270.740.630.080.760.700.800.500.250.600.600.400.050.30-0.01-0.300.050.500.600.600.100.200.500.30-0.510.500.300.300.040.200.300.300.050.300.700.400.070.200.400.400.08-0.100.500.400.080.500.600.600.080.400.50-0.100.040.600.400.100.040.20-0.07-0.200.04-0.10-0.10-0.03-0.64-0.77-0.22-
Surprise66.67%0.00%33.33%-6.98%0.00%0.00%-6.98%0.00%25.00%0.00%-10.45%23.29%-50.00%0.00%-16.67%-14.29%-36.17%60.00%25.00%20.00%25.00%40.00%0.00%33.33%0.00%14.29%0.00%25.00%-----------11.11%--26.32%-2.44%-35.90%--25.93%-28.57%-37.50%25.00%-49.15%-104.77%-433.33%350.00%-32.43%71.43%-4.76%11.11%-66.67%25.00%-40.00%-1375.00%66.67%0.00%0.00%0.00%53.85%0.00%-9.09%0.00%11.11%32.08%0.00%0.00%-42.86%0.00%-20.00%-11.11%-133.33%600.00%100.00%14.29%100.00%-7.69%0.00%-20.00%-27.27%-9.09%-118.18%33.33%33.33%-27.27%-75.00%-20.00%-20.00%-113.46%-233.33%-20.00%75.00%60.00%-160.00%-1695.75%18.95%-4.76%-
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Key Statistics & Ratios

Market Cap36.24M
Enterprise Value74.28M
Trailing P/E0.00
Forward P/E15.06
PEG Ratio1.31
Price / Sales0.41
Price / Book4.93
EPS-2.29
Book Value1.63
Revenue (TTM)87.81M
Gross Profit (TTM)51.07M
EBITDA7.37M
Profit Margin-11.86%
Operating Margin-2.90%
Return on Equity-89.95%
Return on Assets1.58%
Shares Outstanding4.55M
Shares Float3.66M
Beta1.53
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 2 analystsTarget 7.50
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
42.08%
Insiders
9.40%
Retail / Other
48.52%

Top Institutional Holders

  • Weber Capital Management LLC
    310.86K6.83%
  • Acadian Asset Management LLC
    179.61K3.95%
  • Vanguard Capital Management, LLC
    163.31K3.59%
  • Corsair Capital Management LLC
    124.81K2.74%
  • Meros Investment Management, LP
    118.52K2.60%
  • NANO CAP NEW MILLENNIUM GROWTH FUND L P
    117.50K2.58%
  • Two Sigma Investments LLC
    114.55K2.52%
  • Renaissance Technologies Corp
    101.43K2.23%
  • BlackRock Inc
    62.23K1.37%
  • Geode Capital Management, LLC
    59.51K1.31%
  • Mink Brook Asset Management LLC
    33.37K0.73%
  • Millennium Management LLC
    32.62K0.72%
  • Vanguard Fiduciary Trust Co
    27.73K0.61%
  • Essex Investment Management Company, LLC
    26.97K0.59%
  • Jane Street Group LLC
    23.83K0.52%
  • Williams & Novak LLC
    20.95K0.46%
  • RBF LLC
    16.00K0.35%
  • State Street Corp
    14.93K0.33%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    123.47K2.71%
  • Fidelity Extended Market Index
    22.39K0.49%

Stock Splits

  • Mar 16, 20261:10