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SAB Biotherapeutics, Inc. (SABS) 10-Year Financial Performance & Capital Metrics

SABS • • Industrial / General
HealthcareBiotechnologyInfectious DiseasesHepatitis & Viral Infections
AboutSAB Biotherapeutics, Inc., a clinical-stage biopharmaceutical company, engages in the development of immunotherapies based on human antibodies. It has applied advanced genetic engineering and antibody science to develop transchromosomic bovine herds that produce fully human antibodies targeted at specific diseases, including infectious diseases comprising COVID-19 and influenza, immune and autoimmune disorders, such as type 1 diabetes, organ transplantation, and cancer. The company uses its DiversitAb immunotherapy platform to produce fully-human polyclonal antibodies without the need for human donors. Its lead product candidates include SAB-185, a fully-human polyclonal antibody therapeutic candidate that is in Phase III clinical trial for the treatment of COVID-19; and SAB-176, a fully-human polyclonal antibody therapeutic candidate that is in development to treat or prevent severe influenza. The company's pre-clinical product candidates in development for autoimmune diseases include SAB-142 for type 1 diabetes and organ transplant induction/rejection. The company was founded in 2014 and is based in Sioux Falls, South Dakota.Show more
  • Revenue $1M -40.9%
  • EBITDA -$38M -11.0%
  • Net Income -$34M +19.2%
  • EPS (Diluted) -3.68 +51.8%
  • Gross Margin -262.41% -290.1%
  • EBITDA Margin -2882.46% -88.0%
  • Operating Margin -3244.87% -90.8%
  • Net Margin -2579.03% -36.9%
  • ROE -81.92% +14.2%
  • ROIC -226.79% -13.5%
  • Debt/Equity 0.18 +74.4%
  • Interest Coverage -134.77 -11.6%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 89 (top 11%)
  • ✓Trading at only 1.4x book value

✗Weaknesses

  • ✗Weak Piotroski F-Score: 2/9
  • ✗Negative free cash flow
  • ✗Sales declining 17.4% over 5 years
  • ✗Shares diluted 67.8% in last year
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* 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-
5Y-17.41%
3Y-72.1%
TTM-92.42%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM53.11%

EPS CAGR

10Y-
5Y-
3Y-
TTM51.03%

ROCE

10Y Avg-38.98%
5Y Avg-33.81%
3Y Avg-70.72%
Latest-78.49%

Peer Comparison

Hepatitis & Viral Infections
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Sector-Specific
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ADMAADMA Biologics, Inc.4.16B17.5021.6065.15%42.87%48.57%2.64%0.24
CVACCureVac N.V.1.05B4.666.478.96%37.93%33.02%7.95%0.06
DWTXDogwood Therapeutics, Inc.83.24M2.80-0.22-49.37%0.24
ALGSAligos Therapeutics, Inc.44.22M8.26-0.39-74.6%-32.68%-120.37%
INOInovio Pharmaceuticals, Inc.108.55M1.58-0.40-73.83%-592.82%-115.42%0.17
BRNSBarinthus Biotherapeutics plc29.81M0.73-0.4717.66%-408%-89.73%0.09
COCPCocrystal Pharma, Inc.15.3M1.11-0.65-126.11%0.19
KLRSKalaris Therapeutics Inc165.7M8.86-0.76-170.84%

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+3.44M55.24M60.88M23.9M2.24M1.32M
Revenue Growth %-15.05%0.1%-0.61%-0.91%-0.41%
Cost of Goods Sold+001.65M3.29M3.75M4.79M
COGS % of Revenue--0.03%0.14%1.67%3.62%
Gross Profit+3.44M55.24M59.22M20.61M-1.51M-3.47M
Gross Margin %1%1%0.97%0.86%-0.67%-2.62%
Gross Profit Growth %-15.05%0.07%-0.65%-1.07%-1.3%
Operating Expenses+12.12M34.68M72.62M49.53M36.57M39.44M
OpEx % of Revenue3.52%0.63%1.19%2.07%16.33%29.82%
Selling, General & Admin4.1M6.77M17.09M16.38M23.8M9.28M
SG&A % of Revenue1.19%0.12%0.28%0.69%10.63%7.01%
Research & Development8.02M27.91M57.18M36.44M16.52M30.16M
R&D % of Revenue2.33%0.51%0.94%1.52%7.38%22.81%
Other Operating Expenses-1K0-1.65M-3.29M-3.75M0
Operating Income+-8.67M20.56M-13.39M-28.92M-38.08M-42.91M
Operating Margin %-2.52%0.37%-0.22%-1.21%-17.01%-32.45%
Operating Income Growth %-3.37%-1.65%-1.16%-0.32%-0.13%
EBITDA+-8.35M21.11M-11.74M-25.63M-34.33M-38.12M
EBITDA Margin %-2.43%0.38%-0.19%-1.07%-15.33%-28.82%
EBITDA Growth %-3.53%-1.56%-1.18%-0.34%-0.11%
D&A (Non-Cash Add-back)323.41K548.18K1.65M3.29M3.75M4.79M
EBIT-8.56M20.59M-16.85M-18.41M-41.88M-33.79M
Net Interest Income+-315K-443K-271K-231K269.68K967.6K
Interest Income113.13K26.13K23.11K71.07K584.97K1.29M
Interest Expense428.48K469.15K294.46K301.58K315.28K318.4K
Other Income/Expense-313K-439K-3.75M10.2M-4.12M8.81M
Pretax Income+-8.99M20.12M-17.14M-18.72M-42.19M-34.11M
Pretax Margin %-2.61%0.36%-0.28%-0.78%-18.85%-25.79%
Income Tax+00025.63K00
Effective Tax Rate %1%1%1%1%1%1%
Net Income+-8.99M20.12M-17.14M-18.74M-42.19M-34.11M
Net Margin %-2.61%0.36%-0.28%-0.78%-18.85%-25.79%
Net Income Growth %-3.24%-1.85%-0.09%-1.25%0.19%
Net Income (Continuing)-8.99M20.12M-17.14M-18.74M-42.19M-34.11M
Discontinued Operations000000
Minority Interest000000
EPS (Diluted)+-0.227.45-6.30-4.31-7.64-3.68
EPS Growth %-34.86%-1.85%0.32%-0.77%0.52%
EPS (Basic)-0.224.63-3.94-4.31-7.64-3.68
Diluted Shares Outstanding4.35M2.7M2.73M4.35M5.52M9.26M
Basic Shares Outstanding4.35M4.35M4.35M4.35M5.52M9.26M
Dividend Payout Ratio------

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+9.29M34.46M50.19M22.1M58.91M23.79M
Cash & Short-Term Investments6.35M12.61M33.21M15.05M56.57M20.76M
Cash Only6.35M12.61M33.21M15.05M56.57M8.9M
Short-Term Investments0000011.86M
Accounts Receivable2.82M20.57M8.01M5.56M054.95K
Days Sales Outstanding298.91135.9248.0384.85-15.17
Inventory000000
Days Inventory Outstanding------
Other Current Assets006.34M002.98M
Total Non-Current Assets+8.71M22.08M30.95M28.81M25.03M20.4M
Property, Plant & Equipment8.71M22.08M30.95M28.34M24.68M19.92M
Fixed Asset Turnover0.39x2.50x1.97x0.84x0.09x0.07x
Goodwill000000
Intangible Assets000000
Long-Term Investments000000
Other Non-Current Assets000467.69K350.23K482.1K
Total Assets+18M56.54M81.14M50.9M83.94M44.2M
Asset Turnover0.19x0.98x0.75x0.47x0.03x0.03x
Asset Growth %-2.14%0.44%-0.37%0.65%-0.47%
Total Current Liabilities+4.62M11.06M26.46M14.99M10.81M7.98M
Accounts Payable2.17M7.38M4.46M3.68M945.93K1.69M
Days Payables Outstanding--983.89407.9292.19129.07
Short-Term Debt1.39M538.73K1.8M772.66K1.05M811.84K
Deferred Revenue (Current)0100K100K01000K0
Other Current Liabilities248.72K1.17M8.7M8.1M4.49M5.47M
Current Ratio2.01x3.11x1.90x1.47x5.45x2.98x
Quick Ratio2.01x3.11x1.90x1.47x5.45x2.98x
Cash Conversion Cycle------
Total Non-Current Liabilities+15.69M6.47M16.14M4.85M15.83M10.25M
Long-Term Debt53.45K172.04K0541.64K00
Capital Lease Obligations5.64M6.3M5.42M3.99M4.05M3.86M
Deferred Tax Liabilities000000
Other Non-Current Liabilities10M010.72M320.93K11.77M6.39M
Total Liabilities20.31M17.53M42.59M19.85M26.64M18.23M
Total Debt+7.64M8.13M8.52M5.93M5.91M4.67M
Net Debt1.29M-4.48M-24.69M-9.12M-50.66M-4.23M
Debt / Equity-0.21x0.22x0.19x0.10x0.18x
Debt / EBITDA-0.39x----
Net Debt / EBITDA--0.21x----
Interest Coverage-20.24x43.82x-45.48x-95.89x-120.76x-134.77x
Total Equity+-2.31M39.01M38.55M31.06M57.3M25.97M
Equity Growth %-17.92%-0.01%-0.19%0.84%-0.55%
Book Value per Share-0.5314.4414.107.1410.382.80
Total Shareholders' Equity-2.31M39.01M38.55M31.06M57.3M25.97M
Common Stock3.52K3.52K4.35K5.09K929935
Retained Earnings-32.1M-11.98M-29.13M-47.87M-90.06M-124.17M
Treasury Stock000-5.52M-5.52M-5.52M
Accumulated OCI000026.42K-135.41K
Minority Interest000000

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-9.21M10M1.99M-23.46M-25.12M-34.29M
Operating CF Margin %-2.68%0.18%0.03%-0.98%-11.22%-25.93%
Operating CF Growth %-2.09%-0.8%-12.81%-0.07%-0.37%
Net Income-8.99M20.12M-17.14M-18.74M-42.19M-34.11M
Depreciation & Amortization323.41K548.18K1.65M3.29M3.75M4.79M
Stock-Based Compensation371.39K1.3M02.67M2.42M2.94M
Deferred Taxes000000
Other Non-Cash Items422-2.25K5.79M-10.45M8.58M-5.62M
Working Capital Changes-923.37K-11.95M11.68M-237.57K2.33M-2.3M
Change in Receivables-2.56M-17.75M12.56M2.45M5.56M-54.95K
Change in Inventory000000
Change in Payables1.56M5.21M-2.94M-779.42K-2.7M923.32K
Cash from Investing+-608.75K-12.72M-10.94M-2.09M-152.7K-11.96M
Capital Expenditures-608.75K-12.73M-10.94M-2.17M-197.15K-337.26K
CapEx % of Revenue0.18%0.23%0.18%0.09%0.09%0.26%
Acquisitions------
Investments------
Other Investing09K076.39K44.45K0
Cash from Financing+3.68M8.98M35.89M1.05M66.77M-1.17M
Debt Issued (Net)------
Equity Issued (Net)------
Dividends Paid000000
Share Repurchases------
Other Financing0-9.9M34.34M76.97K59.66M-286.04K
Net Change in Cash------
Free Cash Flow+-9.82M-2.73M-8.96M-25.63M-25.32M-34.63M
FCF Margin %-2.85%-0.05%-0.15%-1.07%-11.31%-26.19%
FCF Growth %-0.72%-2.28%-1.86%0.01%-0.37%
FCF per Share-2.26-1.01-3.28-5.89-4.59-3.74
FCF Conversion (FCF/Net Income)1.03x0.50x-0.12x1.25x0.60x1.01x
Interest Paid428.48K469.15K0293.39K245.48K0
Taxes Paid000000

Key Ratios

Metric201920202021202220232024
Return on Equity (ROE)-109.63%-44.21%-53.85%-95.51%-81.92%
Return on Invested Capital (ROIC)-92.02%-41.52%-121.17%-199.83%-226.79%
Gross Margin100%100%97.28%86.23%-67.26%-262.41%
Net Margin-261.07%36.42%-28.16%-78.4%-1884.5%-2579.03%
Debt / Equity-0.21x0.22x0.19x0.10x0.18x
Interest Coverage-20.24x43.82x-45.48x-95.89x-120.76x-134.77x
FCF Conversion1.03x0.50x-0.12x1.25x0.60x1.01x
Revenue Growth-1504.82%10.21%-60.73%-90.63%-40.94%

Revenue by Segment

20212022
Grant-23.9M
Grant Growth--
Grant Revenue60.88M-
Grant Revenue Growth--

Frequently Asked Questions

Growth & Financials

SAB Biotherapeutics, Inc. (SABS) reported $0.1M in revenue for fiscal year 2024. This represents a 97% decrease from $3.4M in 2019.

SAB Biotherapeutics, Inc. (SABS) saw revenue decline by 40.9% over the past year.

SAB Biotherapeutics, Inc. (SABS) reported a net loss of $21.4M for fiscal year 2024.

Dividend & Returns

SAB Biotherapeutics, Inc. (SABS) has a return on equity (ROE) of -81.9%. Negative ROE indicates the company is unprofitable.

SAB Biotherapeutics, Inc. (SABS) had negative free cash flow of $37.3M in fiscal year 2024, likely due to heavy capital investments.

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