Exagen Inc

Exagen Inc

XGN · NASDAQ · Healthcare / Diagnostics & Research

4.13USD-0.28 (-6.35%)

Price History

Full chart

Market Stats

Previous Close4.41
Open4.37
Day Range3.85 – 4.38
52-Week Range2.59 – 12.23
Volume3.36M
Market Cap201.07M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.82
Dividend Yield0.00%
Beta2.10
50-Day Avg6.91
200-Day Avg4.82

About

Exagen Inc. designs, develops, and commercializes various testing products under the AVISE brand in the United States. The company enables healthcare providers to care for patients through the diagnosis, prognosis, and monitoring of complex rheumatic, and autoimmune and autoimmune-related diseases, including systemic lupus erythematosus (SLE) and rheumatoid arthritis (RA). The company's lead testing product is AVISE CTD that enables differential diagnosis for patients presenting with symptoms indicative of various connective tissue diseases (CTDs) and other related diseases with overlapping symptoms. The company offers AVISE Lupus platform, a cornerstone of the SLE assessment that begins by quantifying the level of CB-CAPs biomarkers (EC4d and BC4d) in the patient's blood; and AVISE APS that aids in the diagnosis and management of APS. In addition, it provides AVISE Vasculitis AAV, which utilizes a testing panel of individual analytes to provide physicians with results in the assessment and monitoring of anti-neutrophil cytoplasmic antibody associated vasculitis; AVISE Anti-Histone, a test for autoantibodies to histone proteins; AVISE SLE Prognostic, a panel of autoantibodies for assessing the potential for complications affecting the kidney, brain, and cardiovascular system; and AVISE Anti-CarP, a biomarker-driven RA prognostic test. Further, the company offers AVISE SLE Monitor, a blood test that employs CB-CAPs technology; AVISE MTX, a patented and validated blood test; and AVISE HCQ, a blood test to monitor levels of hydroxychloroquine. It has a research collaboration and license agreement with Allegheny Health Network (AHN) Research Institute to develop T-Cell biomarkers. The company was formerly known as Exagen Diagnostics, Inc. and changed its name to Exagen Inc. in January 2019. Exagen Inc. was incorporated in 2002 and is headquartered in Vista, California.

Company Details

  • SectorHealthcare
  • IndustryDiagnostics & Research
  • CEOMr. John Aballi
  • Employees216
  • Headquarters1261 Liberty Way, Vista, CA, United States, 92081, USA
  • Websitehttps://www.exagen.com

Leadership

  • Dr. Tina S. Nova Ph.D.Executive Chairman of the Board of Directors · b. 1954
  • Mr. John AballiCEO, President & Director · b. 1985
  • Mr. Jeffrey G. BlackCFO & Corporate Secretary · b. 1969
  • Dr. Michael MahlerChief Scientific Officer
  • Ms. Tina Jacobsen CFAVice President of Investor Relations
  • Dr. Prashanti Reddy M.D.Chief Medical Officer

Financials

Income Statement

Currency: USD2012-12-312013-12-312014-12-312015-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue926.00K3.06M11.66M17.95M26.81M32.44M40.39M41.98M48.30M45.56M52.55M55.64M66.58M
Growth (%)-+229.91%+281.77%+53.87%+49.38%+21.01%+24.50%+3.93%+15.07%-5.66%+15.33%+5.89%+19.65%
Cost of Revenue1.97M2.83M6.88M9.53M14.14M15.38M18.81M16.56M20.59M24.21M23.09M22.53M27.78M
Gross Profit-1.05M225.00K4.78M8.41M12.67M17.06M21.58M25.42M27.71M21.35M29.46M33.11M38.80M
Gross Margin-113.17%7.36%40.97%46.88%47.26%52.59%53.43%60.55%57.37%46.86%56.06%59.51%58.28%
Operating Expense5.78M9.37M16.33M18.80M20.51M21.94M30.88M40.60M51.78M67.40M52.29M46.75M52.87M
Operating Income-6.83M-9.14M-11.56M-10.39M-7.84M-4.88M-9.30M-15.19M-24.07M-46.05M-22.84M-13.64M-14.07M
Operating Margin-737.15%-299.31%-99.08%-57.88%-29.23%-15.04%-23.02%-36.18%-49.83%-101.07%-43.46%-24.51%-21.13%
EBITDA-6.42M-12.06M-11.49M-13.55M-22.56M-4.36M-7.93M-13.65M-23.10M-43.66M-19.15M-11.14M-13.46M
EBITDA Margin-693.52%-394.70%-98.56%-75.50%-84.16%-13.42%-19.64%-32.53%-47.83%-95.83%-36.45%-20.03%-20.22%
Net Income-7.32M-13.50M-14.98M-19.18M-25.63M-8.01M-12.04M-16.69M-26.85M-47.39M-23.69M-15.12M-19.95M
Net Income Margin-790.93%-441.77%-128.45%-106.89%-95.61%-24.70%-29.81%-39.75%-55.59%-104.00%-45.08%-27.17%-29.97%
R&D1.05M897.00K1.29M1.37M1.55M2.13M2.18M3.57M7.24M9.88M4.87M5.38M6.25M
R&D as % of Total Revenue113.93%29.36%11.03%7.62%5.79%6.55%5.39%8.50%14.98%21.68%9.26%9.66%9.39%
Interest Expense463.00K941.00K2.94M4.50M2.95M2.87M3.49M2.56M2.63M2.45M2.33M2.23M4.32M
Interest Expense % of Total Revenue50.00%30.80%25.22%25.08%11.00%8.84%8.64%6.11%5.43%5.37%4.44%4.02%6.49%

Balance Sheet

Currency: USD2012-12-312013-12-312014-12-312015-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets11.27M16.45M17.15M14.63M20.39M28.89M88.31M78.38M123.44M86.22M56.94M44.69M58.02M
Total Liabilities6.44M16.00M31.20M36.81M25.03M35.62M32.65M36.54M38.51M43.76M34.25M35.15M40.57M
Total Equity4.82M451.00K-14.06M-22.18M-4.64M-6.73M55.66M41.84M84.94M42.46M22.69M9.54M17.45M
Cash2.75M7.74M4.61M2.51M11.24M13.16M72.08M57.45M99.44M62.39M36.49M22.04M32.22M
Total Debt2.60M8.91M18.52M25.90M18.84M24.70M26.09M26.97M28.07M35.20M23.23M23.21M25.71M
Net Debt-150.00K1.17M13.91M23.39M7.59M11.53M-46.23M-30.48M-71.38M-27.19M-13.26M1.17M-6.51M

Cash Flow

Currency: USD2012-12-312013-12-312014-12-312015-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-7.48M-6.87M-10.77M-11.90M-10.97M-9.30M-9.71M-14.08M-20.27M-32.14M-14.46M-13.28M-13.63M
Investing Cash Flow-1.13M549.00K-649.00K-800.00K-510.00K-199.00K-103.00K-455.00K-2.42M-4.32M-804.00K-515.00K-626.00K
Financing Cash Flow7.25M11.31M8.28M10.61M19.16M11.42M68.73M-97.00K64.68M-489.00K-10.63M-663.00K24.43M
Capital Expenditure440.00K172.00K649.00K805.00K567.00K199.00K403.00K455.00K2.37M4.32M828.00K515.00K641.00K
Free Cash Flow-7.92M-7.04M-11.42M-12.71M-11.54M-9.50M-10.11M-14.54M-22.64M-36.46M-15.29M-13.79M-14.27M
Dividends Paid--00006.74M142.00K390.00K-9.94M--
FCF to OCF105.88%102.51%106.02%106.76%105.17%102.14%104.15%103.23%111.69%113.43%105.73%103.88%104.70%
Dividend Paid to FCF--0.00%0.00%0.00%0.00%-66.65%-0.98%-1.72%--64.98%--

Earnings

Report DateMay 18, 2015Sep 20, 2019Nov 12, 2019Mar 25, 2020May 11, 2020Jul 28, 2020Nov 10, 2020Mar 16, 2021May 11, 2021Aug 9, 2021Nov 10, 2021Mar 22, 2022May 11, 2022Aug 4, 2022Nov 14, 2022Mar 20, 2023May 15, 2023Aug 7, 2023Nov 13, 2023Mar 18, 2024May 13, 2024Aug 5, 2024Nov 12, 2024Mar 17, 2025May 5, 2025Jul 29, 2025Nov 4, 2025Mar 23, 2026May 11, 2026Aug 4, 2026Nov 3, 2026
EPS Estimate0.000.00-2.40-0.37-0.56-0.79-0.47-0.41-0.48-0.44-0.47-0.50-0.61-0.57-0.76-0.78-0.56-0.49-0.49-0.43-0.35-0.35-0.28-0.24-0.21-0.15-0.16-0.18-0.25-0.19-0.19
EPS Actual-0.27-1.60-11.29-0.27-0.44-0.27-0.34-0.27-0.48-0.38-0.42-0.42-0.60-0.78-0.47-0.83-0.44-0.28-0.31-0.31-0.19-0.16-0.28-0.20-0.20-0.18-0.31-0.27-0.20-0.13-
Surprise---370.42%27.03%21.43%65.82%27.66%34.15%0.00%13.64%10.64%16.00%1.64%-36.84%38.16%-6.41%21.43%42.86%36.73%27.91%45.71%54.29%0.00%16.67%4.76%-20.00%-93.75%-48.80%20.00%31.58%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-

Key Statistics & Ratios

Market Cap201.07M
Enterprise Value208.58M
Trailing P/E0.00
Forward P/E0.00
Price / Sales2.83
Price / Book16.96
EPS-0.82
Book Value0.505
Revenue (TTM)71.12M
Gross Profit (TTM)41.70M
EBITDA-10.77M
Profit Margin-26.61%
Operating Margin-8.64%
Return on Equity-113.82%
Return on Assets-14.92%
Shares Outstanding24.23M
Shares Float13.84M
Beta2.10
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 6 analystsTarget 10.14
  • Strong Buy
    5
  • Hold
    1

Ownership Breakdown

Institutions
44.89%
Insiders
27.75%
Retail / Other
27.36%

Top Institutional Holders

  • Balyasny Asset Management LLC
    796.63K3.29%
  • Wexford Capital LP
    792.86K3.27%
  • Acadian Asset Management LLC
    689.11K2.84%
  • Vanguard Capital Management, LLC
    678.65K2.80%
  • Arnhold & S. Bleichroeder Advisers, LLC
    613.93K2.53%
  • FourWorld Capital Management LLC
    596.53K2.46%
  • NANO CAP NEW MILLENNIUM GROWTH FUND L P
    585.00K2.41%
  • Silvercrest Asset Management Group LLC
    537.87K2.22%
  • Kennedy Capital Management Inc
    485.05K2.00%
  • Mink Brook Asset Management LLC
    475.94K1.96%
  • RTW INVESTMENTS, LLC
    395.23K1.63%
  • Squarepoint Ops LLC
    288.82K1.19%
  • SEI Investments Co
    244.24K1.01%
  • XTX Topco Ltd
    242.28K1.00%
  • Jane Street Group LLC
    236.74K0.98%
  • GSA Capital Partners LLP
    214.72K0.89%
  • Renaissance Technologies Corp
    203.27K0.84%
  • Geode Capital Management, LLC
    178.86K0.74%

Top Fund Holders

  • First Eagle Small Cap Opportunity I
    452.41K1.87%
  • Vanguard MStar Total Stk Mkt Idx Invest
    414.85K1.71%