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Precipio, Inc. (PRPO) 10-Year Financial Performance & Capital Metrics

PRPO • • Industrial / General
HealthcareDiagnostics & ResearchClinical Laboratory ServicesSpecialized Testing Laboratories
AboutPrecipio, Inc., a healthcare solutions company, provides diagnostic products, reagents, and services in the United States. It provides diagnostic blood cancer testing services. The company offers IV-Cell, a proprietary cell culture media that enables simultaneous culturing of four hematopoietic cell lineages; HemeScreen, a suite of robust genetic diagnostic panels; ICE-COLD PCR, a proprietary and patented specimen technology that increases the sensitivity of molecular based tests; and COVID-19 antibody tests. It sells ICE-COLD-PCR technology kits to bio-pharma customers. Precipio, Inc. has collaborations with academic institutions specializing in cancer research, diagnostics, and treatment. The company is based in New Haven, Connecticut.Show more
  • Revenue $16M +5.1%
  • EBITDA -$3M +57.2%
  • Net Income -$4M +26.7%
  • EPS (Diluted) -2.93 +35.0%
  • Gross Margin 47.35% +19.6%
  • EBITDA Margin -16.93% +59.2%
  • Operating Margin -26.41% +47.3%
  • Net Margin -26.87% +30.2%
  • ROE -32.35% +14.9%
  • ROIC -24.32% +39.7%
  • Debt/Equity 0.10 +34.0%
  • Interest Coverage -56.97 +86.5%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 94 (top 6%)
  • ✓Strong 5Y sales CAGR of 38.6%

✗Weaknesses

  • ✗Shares diluted 12.9% in last year

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-5.15%
5Y38.55%
3Y21.74%
TTM23.63%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM58.2%

EPS CAGR

10Y-
5Y-
3Y-
TTM59.04%

ROCE

10Y Avg-90.11%
5Y Avg-48.2%
3Y Avg-45.65%
Latest-30.46%

Peer Comparison

Specialized Testing Laboratories
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Sector-Specific
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NEOGNeogen Corporation2.06B9.46-1.88-3.2%-68.47%-28.64%0.44
STRRStar Equity Holdings, Inc.38.07M10.96-2.76-66.93%-5.36%-8.98%0.03
BGLCBioNexus Gene Lab Corp.8.72M3.69-4.10-2.66%-24.27%-33.7%0.03
NEONeoGenomics, Inc.1.66B12.83-4.1411.65%-16%-13.54%0.67

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+1.65M1.56M1.72M2.86M3.13M6.09M8.85M9.41M15.2M15.96M
Revenue Growth %-0.94%-0.06%0.11%0.66%0.09%0.95%0.45%0.06%0.61%0.05%
Cost of Goods Sold+1.94M1.76M1.43M2.64M2.91M4.94M6.46M6.9M9.18M8.41M
COGS % of Revenue1.17%1.13%0.83%0.92%0.93%0.81%0.73%0.73%0.6%0.53%
Gross Profit+-287K-205K292K225K219K1.15M2.39M2.51M6.02M7.56M
Gross Margin %-0.17%-0.13%0.17%0.08%0.07%0.19%0.27%0.27%0.4%0.47%
Gross Profit Growth %-1.03%0.29%2.42%-0.23%-0.03%4.25%1.08%0.05%1.4%0.26%
Operating Expenses+8.91M7.61M6.49M9.45M11.21M10.3M12.01M15.31M13.64M11.78M
OpEx % of Revenue5.39%4.89%3.77%3.3%3.59%1.69%1.36%1.63%0.9%0.74%
Selling, General & Admin7.05M6.19M6.49M9.45M9.62M10.3M10.71M13.61M13.64M11.78M
SG&A % of Revenue4.27%3.98%3.77%3.3%3.08%1.69%1.21%1.45%0.9%0.74%
Research & Development1.85M1.42M500K1.1M2.79M2.2M1.3M1.7M2.7M2.3M
R&D % of Revenue1.12%0.91%0.29%0.38%0.89%0.36%0.15%0.18%0.18%0.14%
Other Operating Expenses00877K-1.33M-1.2M-2.2M00-2.7M-2.3M
Operating Income+-9.2M-7.82M-15.51M-13.91M-10.99M-9.15M-9.61M-12.8M-7.62M-4.22M
Operating Margin %-5.56%-5.02%-9%-4.86%-3.52%-1.5%-1.09%-1.36%-0.5%-0.26%
Operating Income Growth %0.47%0.15%-0.98%0.1%0.21%0.17%-0.05%-0.33%0.4%0.45%
EBITDA+-8.71M-7.71M-14.77M-12.65M-9.81M-8M-8.17M-11.28M-6.31M-2.7M
EBITDA Margin %-5.27%-4.95%-8.57%-4.42%-3.14%-1.31%-0.92%-1.2%-0.42%-0.17%
EBITDA Growth %0.42%0.11%-0.92%0.14%0.22%0.18%-0.02%-0.38%0.44%0.57%
D&A (Non-Cash Add-back)489K112K743K1.26M1.18M1.14M1.44M1.52M1.31M1.51M
EBIT-9.14M-1.71M-6.2M-9.23M-9.4M-9.15M-8.5M-12.17M-7.62M-4.22M
Net Interest Income+-724K-518K-2.32M-1.6M-473K-470K-20K-12K-18K-74K
Interest Income0000-00000
Interest Expense724K518K2.32M1.6M473K470K20K12K18K74K
Other Income/Expense-1.22M-515K-5.18M-2.06M-2.32M-1.45M1.1M619K1.77M-74K
Pretax Income+-10.14M-8.27M-20.69M-15.97M-13.31M-10.6M-8.52M-12.18M-5.85M-4.29M
Pretax Margin %-6.13%-5.31%-12.01%-5.58%-4.26%-1.74%-0.96%-1.29%-0.39%-0.27%
Income Tax+23.76M-203K0-279K-70K00000
Effective Tax Rate %3.25%0.92%1%0.98%0.99%1%1%1%1%1%
Net Income+-32.95M-7.62M-20.69M-15.69M-13.24M-10.63M-8.55M-12.2M-5.85M-4.29M
Net Margin %-19.94%-4.89%-12.01%-5.48%-4.24%-1.74%-0.97%-1.3%-0.39%-0.27%
Net Income Growth %-1.36%0.77%-1.72%0.24%0.16%0.2%0.2%-0.43%0.52%0.27%
Net Income (Continuing)-9.86M-2.23M-20.69M-15.69M-13.24M-10.6M-8.52M-12.18M-5.85M-4.29M
Discontinued Operations0000000000
Minority Interest0000027K40K65K00
EPS (Diluted)+-870.12-580.93-1338.20-217.80-46.51-14.84-8.10-10.73-4.51-2.93
EPS Growth %-0.04%0.33%-1.3%0.84%0.79%0.68%0.45%-0.32%0.58%0.35%
EPS (Basic)-870.12-580.93-1338.20-217.81-46.51-14.84-8.10-10.73-4.51-2.93
Diluted Shares Outstanding1.37K4815.46K72.06K284.76K823.85K1.05M1.14M1.3M1.47M
Basic Shares Outstanding1.37K4815.46K72.06K284.76K823.85K1.05M1.14M1.3M1.47M
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+3.28M495K1.74M1.79M1.88M4.2M13.48M5.71M3.68M3.45M
Cash & Short-Term Investments444K110K421K381K848K2.66M11.67M3.44M1.5M1.39M
Cash Only444K110K421K381K848K2.66M11.67M3.44M1.5M1.39M
Short-Term Investments0000000000
Accounts Receivable564K388K730K690K574K874K697K1.04M1.3M799K
Days Sales Outstanding124.5490.96154.6487.946752.3728.7540.1831.2518.27
Inventory50K24K161K197K184K350K564K708K384K724K
Days Inventory Outstanding9.414.9741.0727.2523.0925.8531.8837.4415.2731.44
Other Current Assets2.02M13K100K300K72K000195K0
Total Non-Current Assets+1.53M764K25.52M19.81M17.63M16.51M16.96M15.79M14.42M13.54M
Property, Plant & Equipment259K144K353K496K950K787K2.06M1.9M1.52M1.63M
Fixed Asset Turnover6.38x10.81x4.88x5.77x3.29x7.74x4.29x4.96x9.97x9.79x
Goodwill004.68M0000000
Intangible Assets1.17M562K20.46M19.29M16.66M15.67M14.72M13.77M12.82M11.87M
Long-Term Investments-50K000000000
Other Non-Current Assets105K58K22K25K25K55K179K129K76K45K
Total Assets+4.82M1.26M27.26M21.61M19.51M20.71M30.44M21.5M18.1M17M
Asset Turnover0.34x1.24x0.06x0.13x0.16x0.29x0.29x0.44x0.84x0.94x
Asset Growth %-0.84%-0.74%20.65%-0.21%-0.1%0.06%0.47%-0.29%-0.16%-0.06%
Total Current Liabilities+16.98M19.82M10.04M13.77M4.33M4.66M4.21M4.36M3.14M4.27M
Accounts Payable3.78M1.08M5.1M5.17M1.94M1.69M1.86M2.04M622K618K
Days Payables Outstanding711.37224.551.3K714.92243125.04105.31107.9924.7326.83
Short-Term Debt7.6M1.09M587K4.64M463K648K26K255K235K297K
Deferred Revenue (Current)217K170K66K49K35K6K18K119K110K232K
Other Current Liabilities5.03M92K4.1M3.73M1.39M00491K1.04M955K
Current Ratio0.19x0.02x0.17x0.13x0.43x0.90x3.20x1.31x1.17x0.81x
Quick Ratio0.19x0.02x0.16x0.12x0.39x0.83x3.07x1.15x1.05x0.64x
Cash Conversion Cycle-577.43-128.62-1.11K-599.74-152.9-46.82-44.68-30.3721.7822.87
Total Non-Current Liabilities+655K785K4.2M1.72M1.97M1.9M1.62M776K531K631K
Long-Term Debt04.13M2.83M253K198K362K160K134K106K77K
Capital Lease Obligations164.19K163K113K155K436K208K856K642K425K554K
Deferred Tax Liabilities50K0349K70K000000
Other Non-Current Liabilities490.81K01.26M1.24M1.34M1.32M606K000
Total Liabilities17.64M20.61M14.23M15.48M6.31M6.55M5.83M5.14M3.67M4.9M
Total Debt+7.6M7.81M3.58M5.11M1.36M1.49M1.43M1.39M1.12M1.25M
Net Debt7.15M7.7M3.16M4.72M510K-1.17M-10.24M-2.05M-386K-136K
Debt / Equity--0.27x0.83x0.10x0.11x0.06x0.09x0.08x0.10x
Debt / EBITDA----------
Net Debt / EBITDA----------
Interest Coverage-12.70x-15.09x-6.67x-8.71x-23.24x-19.46x-480.65x-1066.42x-423.33x-56.97x
Total Equity+-12.82M-19.35M13.03M6.12M13.21M14.16M24.6M16.37M14.43M12.09M
Equity Growth %-2.96%-0.51%1.67%-0.53%1.16%0.07%0.74%-0.33%-0.12%-0.16%
Book Value per Share-9364.50-402582.63842.2884.9846.3717.1923.3214.3911.128.25
Total Shareholders' Equity-12.82M-19.35M13.03M6.12M13.21M14.13M24.56M16.3M14.43M12.09M
Common Stock139K264K102K345K79K176K227K228K14K15K
Retained Earnings-213.41M-225.49M-31.54M-47.7M-60.94M-71.56M-80.09M-92.3M-98.15M-102.44M
Treasury Stock-1.72M000000000
Accumulated OCI10K0-555K-653K000000
Minority Interest0000027K40K65K00

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-12.38M-3.55M-6.69M-6.75M-9.14M-7.43M-6.58M-7.72M-3.56M439K
Operating CF Margin %-7.49%-2.28%-3.88%-2.36%-2.92%-1.22%-0.74%-0.82%-0.23%0.03%
Operating CF Growth %0.1%0.71%-0.88%-0.01%-0.35%0.19%0.12%-0.17%0.54%1.12%
Net Income-10.14M-8.27M-20.69M-15.69M-13.24M-10.6M-8.52M-12.18M-5.85M-4.29M
Depreciation & Amortization489K262K743K1.26M1.41M1.36M1.44M1.52M1.52M1.51M
Stock-Based Compensation611K52K49K529K668K703K2.03M3.8M1.74M1.88M
Deferred Taxes-4.38M1.98M10.69M5.99M000000
Other Non-Cash Items275K-274K3.7M1.04M4.51M2.74M-1.14M-221K-1.56M69K
Working Capital Changes765K2.7M-1.17M109K-2.49M-1.63M-395K-643K606K1.27M
Change in Receivables133K-33K-495K-541K-850K-1.64M327K-745K-483K438K
Change in Inventory-113K26K-46K-36K13K-166K-214K-144K324K-340K
Change in Payables-365K3.08M500K309K-1.88M-243K112K165K-169K-10K
Cash from Investing+1.79M1.01M-42K-97K-55K-96K-682K-277K-126K-223K
Capital Expenditures-204K-19K-143K-97K-55K-151K-682K-277K-126K-223K
CapEx % of Revenue0.12%0.01%0.08%0.03%0.02%0.02%0.08%0.03%0.01%0.01%
Acquisitions----------
Investments----------
Other Investing1.99M1.02M00055K0000
Cash from Financing+8.99M2.21M7.1M6.81M9.66M9.34M16.27M-225K1.74M-329K
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing0-10K7.78M1.13M1.46M0273K11K00
Net Change in Cash----------
Free Cash Flow+-12.58M-3.57M-6.83M-6.85M-9.2M-7.58M-7.26M-8M-3.69M216K
FCF Margin %-7.61%-2.29%-3.97%-2.39%-2.94%-1.25%-0.82%-0.85%-0.24%0.01%
FCF Growth %0.09%0.72%-0.91%-0%-0.34%0.18%0.04%-0.1%0.54%1.06%
FCF per Share-9190.65-74254.13-441.86-95.08-32.29-9.21-6.88-7.03-2.840.15
FCF Conversion (FCF/Net Income)0.38x0.47x0.32x0.43x0.69x0.70x0.77x0.63x0.61x-0.10x
Interest Paid000036K20K34K000
Taxes Paid0000000000

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)---158.88%-163.92%-137.03%-77.65%-44.11%-59.57%-38.01%-32.35%
Return on Invested Capital (ROIC)-207.37%--512.82%-77.2%-67.14%-51.36%-52.7%-66.93%-40.31%-24.32%
Gross Margin-17.36%-13.17%16.95%7.86%7%18.88%27.03%26.67%39.6%47.35%
Net Margin-1993.59%-489.15%-1201.04%-547.97%-423.5%-174.41%-96.62%-129.65%-38.51%-26.87%
Debt / Equity--0.27x0.83x0.10x0.11x0.06x0.09x0.08x0.10x
Interest Coverage-12.70x-15.09x-6.67x-8.71x-23.24x-19.46x-480.65x-1066.42x-423.33x-56.97x
FCF Conversion0.38x0.47x0.32x0.43x0.69x0.70x0.77x0.63x0.61x-0.10x
Revenue Growth-93.9%-5.81%10.66%66.22%9.18%94.82%45.26%6.36%61.46%5.05%

Revenue by Segment

2014201520162018201920202021202220232024
Service revenue, net------7.93M8.01M26.49M39.17M
Service revenue, net Growth-------0.95%230.71%47.88%
Diagnostic Testing----3.46M6.79M3.61M4.21M12.4M15.96M
Diagnostic Testing Growth-----96.33%-46.76%16.58%194.37%28.79%
Biomarker Testing and Clinical Project Services------56K---
Biomarker Testing and Clinical Project Services Growth----------
Service Revenue Net---3.33M3.08M5.87M----
Service Revenue Net Growth-----7.56%90.46%----
Biomarker Testing And Clinical Project Services----595K426K----
Biomarker Testing And Clinical Project Services Growth------28.40%----
Other Party---113K------
Other Party Growth----------
Clinical Research Grants---100K------
Clinical Research Grants Growth----------
Other---13K------
Other Growth----------
Pharmacogenomic services300K100K200K-------
Pharmacogenomic services Growth--66.67%100.00%-------
Diagnostic tools700K---------
Diagnostic tools Growth----------

Revenue by Geography

2014201520162018201920202021202220232024
UNITED STATES21.05M---------
UNITED STATES Growth----------
All Other Countries3.89M---------
All Other Countries Growth----------
ITALY1.26M---------
ITALY Growth----------

Frequently Asked Questions

Growth & Financials

Precipio, Inc. (PRPO) reported $21.5M in revenue for fiscal year 2024. This represents a 33% decrease from $32.0M in 2011.

Precipio, Inc. (PRPO) grew revenue by 5.1% over the past year. This is steady growth.

Precipio, Inc. (PRPO) reported a net loss of $1.3M for fiscal year 2024.

Dividend & Returns

Precipio, Inc. (PRPO) has a return on equity (ROE) of -32.3%. Negative ROE indicates the company is unprofitable.

Precipio, Inc. (PRPO) generated $0.6M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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