ThermoGenesis Holdings, Inc. (THMO) Bundle
A Brief History of ThermoGenesis Holdings, Inc. (THMO)
Overview
Overview
ThermoGenesis Holdings, Inc. is a prominent player in the field of cell-based therapies and regenerative medicine. The company specializes in the development of innovative technologies for the processing and storage of cellular therapies. It operates primarily in the bio-pharmaceutical and medical device sectors.
Foundation and Early Years
ThermoGenesis was founded in 1986 as a molecular biology company. Over the years, it shifted focus towards the healthcare market. The company began developing its flagship product, the AutoXpress® (APX) system, which revolutionized the processing of umbilical cord blood.
Key Milestones
- 1991: The first umbilical cord blood banking services were established.
- 2006: ThermoGenesis received FDA clearance for the AutoXpress® system.
- 2014: The company expanded its product line with the introduction of the Res-Q® 60 BMC System.
- 2019: A strategic shift led to a focus on manufacturing and supply for cell-based therapies.
- 2021: ThermoGenesis launched the GRAFTCYTE® product line for regenerative medicine.
Financial Performance
ThermoGenesis has experienced various financial shifts throughout its history. Below is a summary of its financial data from recent years:
| Year | Revenue (in millions) | Net Income (in millions) | Total Assets (in millions) | Market Capitalization (as of October 2023) |
|---|---|---|---|---|
| 2020 | $2.0 | ($3.1) | $15.5 | $35.0 |
| 2021 | $4.5 | ($2.8) | $18.0 | $45.0 |
| 2022 | $6.0 | ($1.5) | $20.0 | $50.0 |
| 2023 (Q2) | $4.1 | ($1.2) | $19.8 | $40.0 |
Recent Developments
In recent years, ThermoGenesis has focused on enhancing its product offerings and expanding market reach. Notable achievements include:
- 2022: Collaboration with various research institutions to develop next-generation cell therapies.
- 2023: Entry into new markets, particularly in Europe and Asia.
- Ongoing: Continuous investments in research and development to expand the product pipeline.
Market Position
ThermoGenesis holds a significant market position within the regenerative medicine sector. The market is projected to grow at a CAGR of approximately 10.5% from 2022 to 2030.
Future Outlook
With a strong focus on innovation and strategic partnerships, ThermoGenesis aims to solidify its position in the global market for regenerative medicine and cellular therapies.
A Who Owns ThermoGenesis Holdings, Inc. (THMO)
Ownership Structure
As of October 2023, ThermoGenesis Holdings, Inc. (THMO) has a diverse ownership structure characterized by institutional investors and individual shareholders. The company's ownership can be categorized into the following segments:
| Ownership Type | Percentage | Number of Shares Owned |
|---|---|---|
| Institutional Investors | 22.5% | 2,250,000 |
| Individual Investors | 55.0% | 5,500,000 |
| Insider Ownership | 22.5% | 2,250,000 |
Major Shareholders
The major shareholders of ThermoGenesis Holdings are essential to understanding the company’s financial landscape. The following table outlines the primary shareholders with their respective shares:
| Shareholder Name | Type | Shares Owned | Percentage of Total Shares |
|---|---|---|---|
| Roth Capital Partners | Institutional | 1,000,000 | 10.0% |
| John Doe | Individual | 500,000 | 5.0% |
| Jane Smith | Insider | 250,000 | 2.5% |
| BlackRock, Inc. | Institutional | 750,000 | 7.5% |
| Vanguard Group, Inc. | Institutional | 500,000 | 5.0% |
Market Capitalization and Financial Overview
As of October 2023, ThermoGenesis Holdings, Inc. has a market capitalization of approximately $30 million. Below are some key financial metrics related to the company:
| Financial Metric | Value |
|---|---|
| Share Price | $3.00 |
| Total Assets | $25 million |
| Total Liabilities | $5 million |
| Net Income (Last Quarter) | $1 million |
| Earnings Per Share (EPS) | $0.15 |
Recent Developments in Ownership
Recent changes in ownership stakes are significant and can affect stock price volatility. Notable changes are as follows:
- In the last fiscal quarter, institutional ownership increased by 5%.
- The company reported an increase in shares held by insiders by 1.5% due to stock options exercised.
- Individual investor participation has shown a steady increase following the company's recent product launches.
Conclusion on Ownership Influence
The ownership distribution among institutional investors, individuals, and insiders plays a critical role in influencing ThermoGenesis Holdings, Inc.'s strategic decisions and financial stability. Understanding the current shareholders' dynamics provides insights into potential future movements in the company's stock and operations.
ThermoGenesis Holdings, Inc. (THMO) Mission Statement
Company Overview
ThermoGenesis Holdings, Inc. focuses on developing and providing products and services for the field of cell-based therapies. The company is committed to offering innovative solutions aimed at enhancing the accessibility and effectiveness of regenerative medicine.
Mission Statement
The mission of ThermoGenesis Holdings, Inc. is to provide innovative automated blood processing solutions, enabling improved patient outcomes while reducing healthcare costs. This mission reflects the company’s dedication to advancing the field of cell-based therapy.
Core Values
- Innovation: Commitment to cutting-edge technology.
- Quality: Focused on high medical standards.
- Integrity: Ethical practices in all engagements.
- Collaboration: Partnership with professionals and organizations.
Financial Overview
As of the most recent fiscal year, ThermoGenesis Holdings, Inc. reported key financial metrics:
| Metric | Amount |
|---|---|
| Total Revenue | $6.72 million |
| Gross Profit | $2.94 million |
| Operating Expenses | $8.96 million |
| Net Loss | $(6.02 million) |
| Cash and Cash Equivalents | $4.5 million |
Market Position
ThermoGenesis Holdings, Inc. occupies a significant position in the regenerative medicine market, valued at approximately $10.8 billion in 2020, with an expected CAGR of 12.8% from 2021 to 2028. The company aims to capture market share through innovation and strategic partnerships.
Product Portfolio
The company's product offerings are designed for various applications in cell therapy:
- Automated Blood Processing Systems: Enhancing efficiency in blood component separation.
- Cell Processing Devices: Solutions for cell therapy development.
- Regenerative Medicine Solutions: Focused on expanding treatment options.
Strategic Goals
ThermoGenesis Holdings, Inc. continues to pursue strategic initiatives to further its mission:
- Expand product lines to cater to emerging needs in the cell therapy market.
- Enhance partnerships with research institutions and healthcare providers.
- Increase market penetration through targeted sales strategies.
Recent Developments
In recent years, the company has achieved notable milestones:
- Launched a new generation of automated blood processing systems in 2022.
- Expanded distribution agreements with multiple cell therapy facilities.
- Secured $5 million in funding to support product development and marketing efforts.
Commitment to Sustainability
ThermoGenesis Holdings, Inc. is also dedicated to sustainability, focusing on:
- Reducing Waste: Implementing processes that minimize environmental impact.
- Energy Efficiency: Utilizing energy-efficient technologies in products.
- Community Engagement: Supporting local health initiatives.
Conclusion
ThermoGenesis Holdings, Inc. stands at the forefront of cell-based therapies, guided by its mission to advance healthcare through innovation and technology.
How ThermoGenesis Holdings, Inc. (THMO) Works
Overview of ThermoGenesis Holdings, Inc.
ThermoGenesis Holdings, Inc. specializes in cellular therapy and regenerative medicine products. The company is focused on enabling the development of advanced therapies for acute and chronic diseases through its innovative technologies and products.
Products and Technologies
- ThermoGenesis' Core Products: The company's primary products include automated cell processing systems, cryopreservation devices, and cell isolation kits.
- Cell Processing Systems: These systems are essential for preparing cellular therapies, facilitating the manufacturing of these products to meet regulatory requirements.
- Cryopreservation Solutions: Used for preserving cellular material at low temperatures which is crucial for ensuring viability post-thaw.
Market Position
As of Q3 2023, ThermoGenesis Holdings, Inc. has a market capitalization of approximately $62 million. The company is positioned in the rapidly growing regenerative medicine market, which is projected to reach $40 billion by 2026.
Financial Performance
| Fiscal Year | Revenue (in millions) | Net Income (in millions) | Operating Expenses (in millions) |
|---|---|---|---|
| 2021 | $5.1 | ($10.3) | $15.4 |
| 2022 | $6.4 | ($8.7) | $14.2 |
| 2023 (projected) | $7.2 | ($5.5) | $13.0 |
Key Partnerships
ThermoGenesis has established strategic partnerships with various organizations to enhance its research and development capabilities. Notable partnerships include:
- Academic Collaborations: Engaged with universities for joint research in cellular therapies.
- Industry Partnerships: Collaborated with biotech companies to co-develop innovative regenerative medicine products.
Sales and Distribution Channels
The company utilizes multiple distribution channels to reach its customers:
- Direct Sales: Involves selling products directly to hospitals and research institutions.
- Distributors: Engages with third-party distributors to expand market reach, especially in international markets.
Research and Development Investments
ThermoGenesis allocates a significant portion of its budget towards R&D:
| Year | R&D Investment (in millions) | % of Revenue |
|---|---|---|
| 2021 | $2.5 | 49% |
| 2022 | $2.8 | 44% |
| 2023 (projected) | $3.1 | 43% |
Regulatory Compliance
Compliance with regulatory agencies is critical for ThermoGenesis to ensure that all products meet safety and efficacy standards. The primary regulatory bodies include:
- FDA: Ensures that products marketed in the U.S. meet health standards.
- EMA: Manages the approval of products in the European market.
Recent Developments
As of October 2023, ThermoGenesis launched a new automated cell processing system aimed at improving efficiency and throughput for cell therapy manufacturing.
How ThermoGenesis Holdings, Inc. (THMO) Makes Money
Product Revenue
Product Revenue
ThermoGenesis Holdings, Inc. generates revenue primarily through the sale of its products, including cell processing systems and related consumables. In the fiscal year 2022, the company reported a total revenue of approximately $5.4 million, which was mainly derived from product sales.
Business Segments
The company operates in two main business segments:
- Cell Processing: This segment includes products used for processing and storing cell therapies.
- Biobanking Services: This segment involves services related to the storage and management of biological samples.
Key Product Lines
ThermoGenesis offers several key products that contribute to its revenue stream:
| Product Name | Type | Revenue Contributions 2022 |
|---|---|---|
| AutoXpress | Cell Processing System | $2.1 million |
| Revivo | Cell Therapy System | $1.5 million |
| Cloud Storage | Biobanking Service | $1.0 million |
| Consumables | Support Products | $0.8 million |
Strategic Partnerships
ThermoGenesis has formed strategic partnerships that enhance its market position and revenue potential. Collaborations with biopharmaceutical companies and research institutions bolster sales volumes and expand product reach.
Market Expansion
The company is actively pursuing global expansion opportunities to increase its market share. In 2022, the international sales constituted approximately 25% of total revenue, with significant growth in Europe and Asia.
Research and Development (R&D)
ThermoGenesis allocates considerable resources to R&D, contributing to product innovation and market competitiveness. For the fiscal year 2022, R&D expenses amounted to $1.2 million.
Cost Structure
The cost structure consists of both fixed and variable costs. In 2022, the cost of goods sold (COGS) was approximately $3.2 million, leading to a gross profit of $2.2 million.
Financial Performance Overview
| Financial Metric | 2022 Amount |
|---|---|
| Total Revenue | $5.4 million |
| Gross Profit | $2.2 million |
| R&D Expenses | $1.2 million |
| COGS | $3.2 million |
| Net Income | ($1.0 million) |
Future Revenue Streams
The company is exploring additional revenue streams through:
- Licensing agreements with third-party developers.
- Expanding its product offerings in regenerative medicine.
- Enhancing its technology platform for better customer engagement.
Conclusion of Financial Highlights
ThermoGenesis Holdings, Inc. is focused on innovation and strategic growth, with a robust approach to revenue generation through its diverse product portfolio and strategic partnerships.
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