Codexis

Codexis

Biosciences company applying synthetic chemistry technologies to create improved versions of small molecule therapeutics. Learn more

Launch date
Employees
Market cap
€179m
Enterprise valuation
€151m (Public information from Sep 2024)
Redwood City California (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues69.1m105m139m70.1m64.8m65.9m87.3m
% growth1 %52 %32 %(49 %)(8 %)2 %33 %
EBITDA(23.9m)(22.7m)(28.5m)(31.6m)(39.5m)(47.1m)-
% EBITDA margin(35 %)(22 %)(21 %)(45 %)(61 %)(72 %)-
Profit(24.0m)(21.3m)(33.6m)(76.2m)(54.3m)(53.9m)(29.7m)
% profit margin(35 %)(20 %)(24 %)(109 %)(84 %)(82 %)(34 %)
EV / revenue20.1x19.4x2.2x3.0x3.2x3.1x2.4x
EV / EBITDA-58.0x-89.4x-10.7x-6.7x-5.2x-4.3x-
R&D budget44.2m55.9m80.1m58.9m---
R&D % of revenue64 %53 %58 %84 %---
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DateInvestorsAmountRound
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N/A

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$37.0m

Series D
N/A

N/A

IPO

$50.0m

Post IPO Equity
N/A

$75.0m

Post IPO Equity
*

$40.0m

Post IPO Debt
Total Funding€33.6m

Recent News about Codexis

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More about Codexisinfo icon
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Codexis, Inc. (Nasdaq: CDXS) is a leading protein engineering company that specializes in developing biocatalysts for the commercial manufacture of pharmaceuticals and fine chemicals. The company leverages its proprietary technology to create biocatalytic solutions that meet customer demands for rapid, cost-effective, and sustainable manufacturing processes. Codexis primarily serves pharmaceutical companies and chemical manufacturers, operating within the biotechnology and chemical industries. The business model focuses on the development and licensing of its biocatalysts, as well as providing custom enzyme development services. Revenue is generated through product sales, licensing agreements, and service contracts. Codexis is committed to innovation and sustainability, aiming to transform traditional manufacturing methods with its advanced protein engineering capabilities.

Keywords: protein engineering, biocatalysts, pharmaceuticals, fine chemicals, biotechnology, sustainable manufacturing, enzyme development, licensing, custom solutions, innovation.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Codexis

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