ImmunoPrecise Antibodies Ltd. (IPA)

NASDAQ: IPA · IEX Real-Time Price · USD
-0.14 (-8.26%)
Nov 30, 2023, 12:46 PM EST - Market open

Total Valuation

IPA has a market cap or net worth of $37.58 million. The enterprise value is $44.54 million.

Market Cap 37.58M
Enterprise Value 44.54M

Important Dates

The next confirmed earnings date is Thursday, December 14, 2023, before market open.

Earnings Date Dec 14, 2023
Ex-Dividend Date n/a

Share Statistics

IPA has 25.05 million shares outstanding. The number of shares has increased by 1.26% in one year.

Shares Outstanding 25.05M
Shares Change (YoY) +1.26%
Shares Change (QoQ) +0.08%
Owned by Insiders (%) 1.70%
Owned by Institutions (%) 6.51%
Float 21.56M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 2.58
Forward PS 1.78
PB Ratio 1.07
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 2.71
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 2.45, with a Debt / Equity ratio of 0.18.

Current Ratio 2.45
Quick Ratio 1.23
Debt / Equity 0.18
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -35.40% and return on invested capital (ROIC) is -35.59%.

Return on Equity (ROE) -35.40%
Return on Assets (ROA) -26.00%
Return on Capital (ROIC) -35.59%
Revenue Per Employee $160,903
Profits Per Employee -$154,070
Employee Count 102
Asset Turnover 0.27
Inventory Turnover 5.20


Income Tax -772,419
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -67.50% in the last 52 weeks. The beta is 0.51, so IPA's price volatility has been lower than the market average.

Beta (1Y) 0.51
52-Week Price Change -67.50%
50-Day Moving Average 1.60
200-Day Moving Average 2.55
Relative Strength Index (RSI) 54.76
Average Volume (30 Days) 64,941

Short Selling Information

The latest short interest is 29,009, so 0.12% of the outstanding shares have been sold short.

Short Interest 29,009
Short Previous Month 47,035
Short % of Shares Out 0.12%
Short % of Float 0.13%
Short Ratio (days to cover) 0.30

Income Statement

In the last 12 months, IPA had revenue of $16.41 million and -$15.72 million in losses. Loss per share was -$0.62.

Revenue 16.41M
Gross Profit 8.73M
Operating Income -16.65M
Pretax Income -16.02M
Net Income -15.72M
EBITDA -11.12M
EBIT -16.02M
Loss Per Share -$0.62
Full Income Statement

Balance Sheet

The company has $5.01 million in cash and $7.21 million in debt, giving a net cash position of -$2.21 million or -$0.09 per share.

Cash & Cash Equivalents 5.01M
Total Debt 7.21M
Net Cash -2.21M
Net Cash Per Share -$0.09
Equity / Book Value 39.57M
Book Value Per Share 1.58
Working Capital 6.83M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$7.51 million and capital expenditures -$1.13 million, giving a free cash flow of -$8.65 million.

Operating Cash Flow -7.51M
Capital Expenditures -1.13M
Free Cash Flow -8.65M
FCF Per Share -$0.35
Full Cash Flow Statement


Gross margin is 53.19%, with operating and profit margins of -101.45% and -95.75%.

Gross Margin 53.19%
Operating Margin -101.45%
Pretax Margin -97.60%
Profit Margin -95.75%
EBITDA Margin -67.77%
EBIT Margin -97.60%
FCF Margin -52.67%

Dividends & Yields

IPA does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield -37.12%
FCF Yield -20.42%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield -1.26%
Shareholder Yield -1.26%

Analyst Forecast

The average price target for IPA is $8.00, which is 433.33% higher than the current price. The consensus rating is "Strong Buy".

Price Target $8.00
Price Target Difference 433.33%
Analyst Consensus Strong Buy
Analyst Count 2
Revenue Growth Forecast (5Y) 18.39%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on November 23, 2020. It was a reverse split with a ratio of 1:5.

Last Split Date Nov 23, 2020
Split Type Reverse
Split Ratio 1:5


IPA has an Altman Z-Score of -0.38 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -0.38
Piotroski F-Score 2