Selling, General, and Administrative Costs: ADMA Biologics, Inc. vs Veracyte, Inc.

SG&A Expenses: ADMA vs Veracyte - A Decade of Financial Insights

__timestampADMA Biologics, Inc.Veracyte, Inc.
Wednesday, January 1, 2014482386940786000
Thursday, January 1, 2015674596847876000
Friday, January 1, 2016849474252035000
Sunday, January 1, 20171809283555348000
Monday, January 1, 20182250292265276000
Tuesday, January 1, 20192591075782720000
Wednesday, January 1, 20203505081789118000
Friday, January 1, 202142896889181193000
Saturday, January 1, 202252458024174078000
Sunday, January 1, 202359020000184232000
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Infusing magic into the data realm

A Comparative Analysis of SG&A Expenses: ADMA Biologics, Inc. vs Veracyte, Inc.

In the ever-evolving landscape of biotechnology, understanding the financial dynamics of companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two prominent players: ADMA Biologics, Inc. and Veracyte, Inc., from 2014 to 2023. Over this period, Veracyte, Inc. consistently outpaced ADMA Biologics, Inc. in SG&A spending, with a peak in 2023 where Veracyte's expenses were approximately three times higher than ADMA's. Notably, Veracyte's SG&A expenses surged by over 350% from 2014 to 2023, reflecting its aggressive growth strategy. Meanwhile, ADMA Biologics, Inc. exhibited a steady increase, with expenses rising by over 1,100% during the same period. This financial trajectory highlights the contrasting strategies of these companies, with Veracyte focusing on rapid expansion and ADMA on sustainable growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025