Who Optimizes SG&A Costs Better? Bio-Techne Corporation or ImmunityBio, Inc.

Bio-Techne vs. ImmunityBio: SG&A Cost Management Showdown

__timestampBio-Techne CorporationImmunityBio, Inc.
Wednesday, January 1, 2014607160004326000
Thursday, January 1, 2015119401000226206000
Friday, January 1, 201614087900094391000
Sunday, January 1, 201719924300053821000
Monday, January 1, 201824063600035463000
Tuesday, January 1, 201926435900046456000
Wednesday, January 1, 202026058300071318000
Friday, January 1, 2021324951000135256000
Saturday, January 1, 2022372766000102708000
Sunday, January 1, 2023378378000129620000
Monday, January 1, 2024396826000
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Igniting the spark of knowledge

Optimizing SG&A Costs: A Tale of Two Companies

In the competitive landscape of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. Bio-Techne Corporation and ImmunityBio, Inc. have taken different paths in this regard over the past decade. From 2014 to 2023, Bio-Techne's SG&A expenses have shown a steady increase, peaking at approximately 396 million in 2023, reflecting a growth of over 550% from 2014. In contrast, ImmunityBio's expenses have fluctuated, with a notable peak in 2015, where costs surged to 226 million, before stabilizing around 130 million in recent years. This suggests that while Bio-Techne has consistently expanded its operational scale, ImmunityBio has experienced more volatility, possibly due to strategic shifts or market challenges. Understanding these trends provides valuable insights into each company's operational strategies and financial priorities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025