OmniAb Net Income vs. Number Of Employees

OABIW Stock  USD 0.34  0.06  21.43%   
Based on the measurements of profitability obtained from OmniAb's financial statements, OmniAb Inc may not be well positioned to generate adequate gross income at this time. It has a very high odds of underperforming in December. Profitability indicators assess OmniAb's ability to earn profits and add value for shareholders.
 
Net Loss  
First Reported
2010-12-31
Previous Quarter
-50.6 M
Current Value
-48.1 M
Quarterly Volatility
12.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, OmniAb's Price To Sales Ratio is fairly stable compared to the past year. EV To Sales is likely to climb to 34.67 in 2024, whereas Days Sales Outstanding is likely to drop 39.01 in 2024. At this time, OmniAb's Net Interest Income is fairly stable compared to the past year. Total Other Income Expense Net is likely to climb to about 5.3 M in 2024, despite the fact that Operating Income is likely to grow to (65.9 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.520.65
Significantly Down
Slightly volatile
For OmniAb profitability analysis, we use financial ratios and fundamental drivers that measure the ability of OmniAb to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well OmniAb Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between OmniAb's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of OmniAb Inc over time as well as its relative position and ranking within its peers.
  
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Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OmniAb. If investors know OmniAb will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OmniAb listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
0.202
Quarterly Revenue Growth
(0.24)
Return On Assets
(0.14)
Return On Equity
(0.20)
The market value of OmniAb Inc is measured differently than its book value, which is the value of OmniAb that is recorded on the company's balance sheet. Investors also form their own opinion of OmniAb's value that differs from its market value or its book value, called intrinsic value, which is OmniAb's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OmniAb's market value can be influenced by many factors that don't directly affect OmniAb's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OmniAb's value and its price as these two are different measures arrived at by different means. Investors typically determine if OmniAb is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OmniAb's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

OmniAb Inc Number Of Employees vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining OmniAb's current stock value. Our valuation model uses many indicators to compare OmniAb value to that of its competitors to determine the firm's financial worth.
OmniAb Inc is considered to be number one stock in net income category among its peers. It also is considered to be number one stock in number of employees category among its peers . OmniAb reported Net Loss of (50.62 Million) in 2023. Comparative valuation analysis is a catch-all technique that is used if you cannot value OmniAb by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

OmniAb Number Of Employees vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

OmniAb

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
(50.62 M)
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.

OmniAb

Number of Employees

 = 

Full Time

+

Part Time

 = 
106
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.

OmniAb Number Of Employees vs Competition

OmniAb Inc is considered to be number one stock in number of employees category among its peers. The total workforce of Health Care industry is now estimated at about 358,082. OmniAb adds roughly 106 in number of employees claiming only tiny portion of equities under Health Care industry.

OmniAb Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in OmniAb, profitability is also one of the essential criteria for including it into their portfolios because, without profit, OmniAb will eventually generate negative long term returns. The profitability progress is the general direction of OmniAb's change in net profit over the period of time. It can combine multiple indicators of OmniAb, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income50 K47.5 K
Net Interest Income4.5 M4.7 M
Operating Income-69.4 M-65.9 M
Net Loss-29.7 M-31.2 M
Income Before Tax-64.4 M-61.1 M
Total Other Income Expense Net5.1 M5.3 M
Net Loss-50.6 M-48.1 M
Income Tax Expense-13.7 M-13.1 M
Interest Income4.5 M4.7 M
Net Loss(0.51)(0.53)
Income Quality(0.05)(0.04)
Net Income Per E B T 0.79  0.92 

OmniAb Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on OmniAb. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of OmniAb position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the OmniAb's important profitability drivers and their relationship over time.

Use OmniAb in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if OmniAb position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in OmniAb will appreciate offsetting losses from the drop in the long position's value.

OmniAb Pair Trading

OmniAb Inc Pair Trading Analysis

The ability to find closely correlated positions to OmniAb could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OmniAb when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back OmniAb - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling OmniAb Inc to buy it.
The correlation of OmniAb is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OmniAb moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OmniAb Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for OmniAb can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your OmniAb position

In addition to having OmniAb in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Office Supplies Thematic Idea Now

Office Supplies
Office Supplies Theme
Companies producing and selling office supplies, and accessories. The Office Supplies theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Office Supplies Theme or any other thematic opportunities.
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Additional Tools for OmniAb Stock Analysis

When running OmniAb's price analysis, check to measure OmniAb's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OmniAb is operating at the current time. Most of OmniAb's value examination focuses on studying past and present price action to predict the probability of OmniAb's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OmniAb's price. Additionally, you may evaluate how the addition of OmniAb to your portfolios can decrease your overall portfolio volatility.