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Rapid Micro Biosystems (NasdaqCM:RPID) FY Earnings Call Presentation
2026-01-15 19:15
Financial Performance & Growth - Total revenue for 2025 reached $33.6 million, representing a 20% year-over-year growth[13] - Recurring revenue accounted for $17.8 million in 2025, making up 53% of the total revenue[14] - The company achieved a significant gross margin improvement in 2025[14] - Q4 2025 total revenue was $11.3 million, a 37% growth[14] Market Position & Strategy - Rapid Micro Biosystems' Growth Direct system is used by 75% of the top 20 global pharmaceutical companies[13, 34] - 86% of approved CAR-T manufacturers have placed Growth Direct systems[13, 35] - The company has a land and expand strategy, focusing on enterprise deployments and new geographies[31, 32] - The company has 190 cumulative system placements[13, 35] Technology & Innovation - The Growth Direct platform automates microbial quality control (MQC), reducing the process to 2 steps and halving the time to results[25] - The company has 155 cumulative system validations[13, 35] Partnerships - Strategic partnership with MilliporeSigma is expected to drive growth, margin expansion, and innovation[14]
Rapid Micro Biosystems Announces Record Preliminary Unaudited Fourth Quarter and Full Year 2025 Revenue
Globenewswire· 2026-01-13 21:15
Core Insights - The company reported preliminary unaudited revenue for Q4 and full year 2025, indicating strong growth in both periods [1][4]. Q4 2025 Performance - Q4 2025 revenue is expected to be approximately $11.3 million, reflecting a growth of about 37% compared to the same period last year [2][8]. - Recurring revenue for Q4 2025 is anticipated to be around $4.6 million, showing a growth of approximately 10% year-over-year [2]. - The company achieved a record placement of 16 new Growth Direct systems and completed the validation of three customer systems in Q4 [2]. Full Year 2025 Performance - Total revenue for the full year 2025 is projected to be approximately $33.6 million, representing a growth of about 20% compared to the previous year [3][8]. - Recurring revenue for the full year is expected to be around $17.8 million, indicating a growth of approximately 15% year-over-year [3]. - The company placed a total of 28 new Growth Direct systems and validated 18 customer systems throughout 2025, bringing the cumulative total to 190 systems placed globally with 155 validated [3]. Management Commentary - The President and CEO expressed satisfaction with the record results for Q4, which exceeded the raised guidance from November [4]. - The company is positioned for continued growth in 2026, supported by a strong execution track record and advancements in its strategic partnership with MilliporeSigma [4]. Upcoming Events - The company is scheduled to present at the 44th Annual J.P. Morgan Healthcare Conference on January 15, 2026, with a live webcast available for investors [6].
Rapid Micro Biosystems to Present at 44th Annual J.P. Morgan Healthcare Conference
Globenewswire· 2026-01-07 14:00
Core Viewpoint - Rapid Micro Biosystems, Inc. is set to present at the 44th Annual J.P. Morgan Healthcare Conference, highlighting its innovative automation solutions for healthcare product manufacturing and quality control [1][2]. Company Overview - Rapid Micro Biosystems is a life sciences technology company that provides automation solutions aimed at improving the manufacturing and release processes of healthcare products, including biologics, vaccines, cell and gene therapies, and sterile injectables [3]. - The company's flagship product, the Growth Direct system, modernizes microbial quality control (MQC) testing workflows, enhancing operational efficiency, accuracy, and compliance with data integrity regulations [3]. - The company is headquartered in Lexington, Massachusetts, with manufacturing facilities in Lowell, Massachusetts, and additional locations in Switzerland, Germany, and the Netherlands [3].
Rapid Micro Biosystems Reports Third Quarter 2025 Financial Results; Announces Record Multi-System Customer Order and Raises Full-Year Revenue and System Placement Guidance
Globenewswire· 2025-11-07 11:00
Core Insights - Rapid Micro Biosystems reported strong third quarter results with total revenue of $7.8 million, a 3% increase from $7.6 million in the same quarter of 2024 [3][8] - The company achieved record consumable revenue and a 32% increase in recurring revenue compared to the previous year, driven by strong service growth [2][8] - A significant multi-system order was received from a top global biopharma customer, marking the largest order in the company's history, which is expected to contribute to growth in 2026 and beyond [2][9][10] Financial Performance - Total revenue for Q3 2025 was $7.8 million, up 3% from $7.6 million in Q3 2024, with product revenue remaining flat at $5.2 million and service revenue increasing by 12% to $2.6 million [3][8] - Recurring revenue rose by 32% to $4.8 million compared to $3.7 million in Q3 2024, indicating strong demand for consumables and service contracts [3][8] - Gross margin improved to 9%, up from 8% in the previous year, reflecting better cost management [4][8] Cost Management - Total cost of revenue increased by 2% to $7.1 million in Q3 2025, while total operating expenses decreased by 5% to $12.1 million [4][5] - General and administrative expenses decreased by 1%, R&D expenses decreased by 2%, and sales and marketing expenses saw a significant drop of 14% compared to Q3 2024 [5] Net Loss and Cash Position - The net loss for Q3 2025 was $11.5 million, slightly higher than the $11.3 million loss in Q3 2024, with net loss per share remaining at $0.26 for both periods [6][8] - As of September 30, 2025, the company had approximately $42 million in cash, cash equivalents, short-term investments, and restricted cash [6][22] Future Outlook - The company raised its full-year 2025 total revenue guidance to at least $33 million, anticipating at least 27 Growth Direct system placements [10]
Rapid Micro Biosystems to Participate in the Stifel 2025 Healthcare Conference
Globenewswire· 2025-10-30 20:45
Core Insights - Rapid Micro Biosystems, Inc. is participating in the Stifel 2025 Healthcare Conference in New York, NY on November 11, 2025 [1][2] Company Overview - Rapid Micro Biosystems is a life sciences technology company that provides automation solutions for the efficient manufacturing and safe release of healthcare products, including biologics, vaccines, cell and gene therapies, and sterile injectables [3] - The company's flagship product, the Growth Direct system, modernizes microbial quality control testing workflows in pharmaceutical manufacturing, enhancing speed, accuracy, operational efficiency, and compliance with data integrity regulations [3] - The company is headquartered in Lexington, Massachusetts, with manufacturing in Lowell, Massachusetts, and additional locations in Switzerland, Germany, and the Netherlands [3]
Rapid Micro Biosystems to Announce Third Quarter 2025 Financial Results on November 7, 2025
Globenewswire· 2025-10-28 21:05
Core Insights - Rapid Micro Biosystems, Inc. will release its third quarter 2025 financial results on November 7, 2025, before market opening [1] - The management team will host a webcast conference call at 8:30 a.m. ET on the same day, which will be accessible on the company's website [2] Company Overview - Rapid Micro Biosystems is a life sciences technology company that provides automation solutions for the efficient manufacturing and safe release of healthcare products, including biologics, vaccines, cell and gene therapies, and sterile injectables [3] - The company's flagship product, the Growth Direct system, modernizes microbial quality control testing workflows in pharmaceutical manufacturing, enhancing speed, accuracy, operational efficiency, and compliance with data integrity regulations [3] - The company is headquartered in Lexington, Massachusetts, with manufacturing in Lowell, Massachusetts, and additional locations in Switzerland, Germany, and the Netherlands [3]
Rapid Micro Biosystems to Present at the H.C. Wainwright 27th Annual Global Investment Conference
Globenewswire· 2025-09-02 20:45
Company Overview - Rapid Micro Biosystems, Inc. is an innovative life sciences technology company focused on providing automation solutions for the efficient manufacturing and safe release of healthcare products [3] - The company is headquartered in Lexington, Massachusetts, with U.S. manufacturing in Lowell, Massachusetts, and global locations in Switzerland, Germany, and the Netherlands [3] Product and Technology - The flagship product, Growth Direct system, automates microbial quality control (MQC) testing workflows, modernizing traditional manual processes in pharmaceutical manufacturing [3] - The Growth Direct system enhances operational efficiency, accuracy, compliance with data integrity regulations, and decision-making speed, ensuring a consistent supply of healthcare products [3] Upcoming Events - The company will present at the H.C. Wainwright 27th Annual Global Investment Conference in New York on September 9, 2025, at 11:00 a.m. ET [2] - A live webcast of the presentation will be available on the company's investor relations website and will be archived for replay [2]
Rapid Micro Biosystems Reports Second Quarter 2025 Financial Results
GlobeNewswire News Room· 2025-08-12 10:31
Core Viewpoint - Rapid Micro Biosystems, Inc. reported a 10% increase in total revenue for Q2 2025, driven by strong service revenue growth and reaffirmed its full-year revenue guidance of at least $32 million [2][7][9]. Financial Performance - Total revenue for Q2 2025 was $7.3 million, up from $6.6 million in Q2 2024, with service revenue increasing by 18% to $2.5 million and product revenue rising by 6% to $4.8 million [3][6][9]. - Recurring revenue grew by 15% to $4.4 million compared to $3.8 million in Q2 2024 [3][9]. - Gross margin improved to 4%, a seven-percentage point increase from the negative 3% in Q2 2024 [4][9]. Cost and Expenses - Total cost of revenue increased by 3% to $7.0 million in Q2 2025, while total operating expenses decreased by 6% to $12.4 million [4][5]. - General and administrative expenses rose by 4%, while research and development and sales and marketing expenses both decreased by 14% [5]. Net Loss and Cash Position - The net loss for Q2 2025 was $11.9 million, an improvement from the $12.6 million loss in Q2 2024, with net loss per share decreasing from $0.29 to $0.27 [6][9]. - As of June 30, 2025, the company had approximately $32 million in cash, cash equivalents, short-term investments, and restricted cash [6][21]. Loan Facility - The company announced a new five-year, $45 million term loan facility, with $20 million funded upfront, which is expected to strengthen its financial position [2][10].
Rapid Micro Biosystems Enters into Five-Year, $45 Million Term Loan Facility with Trinity Capital Inc.
Globenewswire· 2025-08-12 10:30
Core Viewpoint - Rapid Micro Biosystems has secured a five-year, $45 million term loan facility with Trinity Capital to enhance its financial position and support long-term growth initiatives [1][3]. Financial Details - The loan facility consists of four tranches: $20 million drawn at closing, $20 million available upon achieving specific milestones, and a $5 million tranche at the lender's discretion [3][7]. - The interest rate on the loan is initially set at 11.5% per annum, with a 36-month interest-only period [3]. Use of Proceeds - Proceeds from the loan will be allocated for general corporate purposes, including global expansion of the Growth Direct system and investments in manufacturing efficiencies and cost reduction [2][3]. Company Overview - Rapid Micro Biosystems specializes in automation solutions for the healthcare sector, focusing on the efficient manufacturing and release of products like biologics and vaccines [5]. - The flagship Growth Direct system automates microbial quality control testing, improving speed, accuracy, and compliance in pharmaceutical manufacturing [4][5].
Rapid Micro Biosystems to Announce Second Quarter 2025 Financial Results on August 12, 2025
Globenewswire· 2025-07-31 20:15
Core Viewpoint - Rapid Micro Biosystems, Inc. is set to release its second quarter 2025 financial results on August 12, 2025, prior to market opening, indicating a focus on transparency and communication with investors [1]. Company Overview - Rapid Micro Biosystems is a life sciences technology company that provides automation solutions aimed at improving the manufacturing and release processes of healthcare products, including biologics, vaccines, cell and gene therapies, and sterile injectables [3]. - The company's flagship product, the Growth Direct system, modernizes microbial quality control (MQC) testing workflows, enhancing operational efficiency and compliance with data integrity regulations [3]. - The company is headquartered in Lexington, Massachusetts, with manufacturing facilities in Lowell, Massachusetts, and additional global locations in Switzerland, Germany, and the Netherlands [3]. Upcoming Events - The management team will host a webcast conference call on August 12, 2025, at 8:30 a.m. ET, providing an opportunity for stakeholders to engage with the company's leadership [2]. - The live audio webcast will be available on the company's website and will be archived for later access [2].