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Immunoprecise Antibodies Ltd IPA

ImmunoPrecise Antibodies Ltd is a supplier of custom antibodies to the research industry and industrial community. The company has aggregated its operations into one reportable segment, Antibody Production, and Related Services. It operates in three principal geographical areas - the United States of America, Canada, Europe, and others. The majority of its revenue is derived from the United States of America.


NDAQ:IPA - Post by User

Post by GoldenArmon Mar 18, 2021 9:18am
159 Views
Post# 32824612

Q3 2021 is out and looks great Higher sales and growing

Q3 2021 is out and looks great Higher sales and growingI wish the did better PR but the financials look very strong and the company is definitely a winner with Polytope

https://www.businesswire.com/news/home/20210317005871/en/ImmunoPrecise-Reports-Financial-Results-and-Recent-Business-Highlights-for-Third-Quarter-of-2021-Fiscal-Year
  • Increased revenue for the nine months ended January 31st, 2021 by 32% to $13,035,522.
  • Record adjusted EBITDA for the nine months ended January 31st, 2021 of $2,564,257, a significant increase from the $18,356 for the nine months ended January 31, 2020.
  • Closed USD$21.7 million bought deal offering of common shares.
  • Closed over-allotment option associated with the previously completed bought deal of USD$3.3 Million
  • ImmunoPrecise and Genmab enter into a technology partnership targeting infectious disease
  • ImmunoPrecise and Litevax advance SARS-CoV-2 vaccine candidate for further pre-clinical evaluation
  • Commenced trading on Nasdaq stock exchange
  • Announced positive data from pre-clinical study of TATX-03 Polytope™ monoclonal antibody cocktail candidate against COVID-19
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