Sera Prognostics, Inc. Financials
This page shows Sera Prognostics, Inc. (SERA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Sera Prognostics, Inc. has an operating margin of -47577.9%, meaning the company retains $-47578 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -13013.4% the prior year.
Sera Prognostics, Inc.'s revenue declined 74.8% year-over-year, from $306K to $77K. This contraction results in a growth score of 0/100.
Sera Prognostics, Inc. carries a low D/E ratio of 0.52, meaning only $0.52 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 92/100, indicating a strong balance sheet with room for future borrowing.
Sera Prognostics, Inc.'s current ratio of 1.92 indicates adequate short-term liquidity, earning a score of 57/100. The company can meet its near-term obligations, though with limited headroom.
While Sera Prognostics, Inc. generated -$14.2M in operating cash flow, capex of $56K consumed most of it, leaving -$14.2M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Sera Prognostics, Inc. passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Sera Prognostics, Inc. generates $0.43 in operating cash flow (-$14.2M OCF vs -$32.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Sera Prognostics, Inc. earns $-1308.4 in operating income for every $1 of interest expense (-$36.6M vs $28K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Sera Prognostics, Inc. generated $77K in revenue in fiscal year 2024. This represents a decrease of 74.8% from the prior year.
Sera Prognostics, Inc.'s EBITDA was -$35.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 8.0% from the prior year.
Sera Prognostics, Inc. generated -$14.2M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 47.9% from the prior year.
Sera Prognostics, Inc. reported -$32.9M in net income in fiscal year 2024. This represents an increase of 9.2% from the prior year.
Sera Prognostics, Inc. earned $-0.99 per diluted share (EPS) in fiscal year 2024. This represents an increase of 14.7% from the prior year.
Sera Prognostics, Inc. held $4.0M in cash against $0 in long-term debt as of fiscal year 2024.
Sera Prognostics, Inc.'s gross margin was -6.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 37.9 percentage points from the prior year.
Sera Prognostics, Inc.'s operating margin was -47577.9% in fiscal year 2024, reflecting core business profitability. This is down 34564.5 percentage points from the prior year.
Sera Prognostics, Inc.'s net profit margin was -42724.7% in fiscal year 2024, showing the share of revenue converted to profit. This is down 30880.9 percentage points from the prior year.
Sera Prognostics, Inc. invested $14.7M in research and development in fiscal year 2024. This represents a decrease of 3.3% from the prior year.
Sera Prognostics, Inc. invested $56K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 56.3% from the prior year.
SERA Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $16K-5.9% | $17K-55.3% | $38K+58.3% | $24K0.0% | $24K | $0-100.0% | $41K-2.4% | $42K |
| Cost of Revenue | $41K0.0% | $41K+2.5% | $40K+25.0% | $32K+60.0% | $20K+17.6% | $17K | N/A | N/A |
| Gross Profit | -$25K-4.2% | -$24K-1100.0% | -$2K+75.0% | -$8K-300.0% | $4K+123.5% | -$17K | N/A | N/A |
| R&D Expenses | $3.3M-1.6% | $3.3M+0.1% | $3.3M+6.2% | $3.1M-28.8% | $4.4M+19.6% | $3.7M-5.4% | $3.9M+10.1% | $3.5M |
| SG&A Expenses | $4.1M-1.4% | $4.1M-6.9% | $4.4M+10.8% | $4.0M+6.9% | $3.8M-10.0% | $4.2M+13.7% | $3.7M+11.5% | $3.3M |
| Operating Income | -$9.0M+3.6% | -$9.3M-0.8% | -$9.3M+1.8% | -$9.4M-1.8% | -$9.3M-1.7% | -$9.1M-2.8% | -$8.8M-8.1% | -$8.2M |
| Interest Expense | $2K0.0% | $2K-50.0% | $4K-33.3% | $6K-25.0% | $8K-11.1% | $9K-18.2% | $11K-21.4% | $14K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$7.8M+2.9% | -$8.0M+1.7% | -$8.2M+4.6% | -$8.6M-3.3% | -$8.3M-2.5% | -$8.1M-2.2% | -$7.9M-9.9% | -$7.2M |
| EPS (Diluted) | $-0.160.0% | $-0.16+20.0% | $-0.20+20.0% | $-0.250.0% | $-0.250.0% | $-0.250.0% | $-0.25-8.7% | $-0.23 |
SERA Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $108.1M-3.3% | $111.8M-5.4% | $118.2M+62.8% | $72.6M-14.5% | $84.9M-5.6% | $89.9M-5.8% | $95.4M+6.0% | $90.1M |
| Current Assets | $44.5M+8.9% | $40.9M-13.6% | $47.3M-0.7% | $47.6M-7.6% | $51.5M-4.3% | $53.8M-12.2% | $61.3M+29.0% | $47.5M |
| Cash & Equivalents | $4.1M-18.6% | $5.0M-4.1% | $5.2M+29.4% | $4.0M-13.3% | $4.7M+10.0% | $4.2M+9.3% | $3.9M-59.8% | $9.7M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $14K-17.6% | $17K-32.0% | $25K-26.5% | $34K-66.3% | $101K-13.7% | $117K-26.9% | $160K+3.2% | $155K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $25.9M+9.9% | $23.6M+0.9% | $23.4M-5.5% | $24.8M-1.3% | $25.1M-0.1% | $25.1M-0.6% | $25.3M+72.6% | $14.6M |
| Current Liabilities | $23.5M-0.4% | $23.6M+0.9% | $23.4M-5.5% | $24.8M+0.1% | $24.8M+0.8% | $24.6M+0.5% | $24.4M+80.5% | $13.5M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $82.2M-6.9% | $88.2M-6.9% | $94.8M+98.3% | $47.8M-20.0% | $59.8M-7.7% | $64.8M-7.7% | $70.2M-7.0% | $75.4M |
| Retained Earnings | -$303.8M-2.6% | -$296.0M-2.8% | -$288.0M-2.9% | -$279.8M-6.3% | -$263.3M-3.3% | -$255.0M-3.3% | -$246.9M-3.3% | -$239.0M |
SERA Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$6.5M-18.3% | -$5.5M+27.5% | -$7.6M-20.7% | -$6.3M-5.6% | -$5.9M-218.7% | $5.0M+173.8% | -$6.8M+10.9% | -$7.6M |
| Capital Expenditures | $112K-60.1% | $281K+9266.7% | $3K-62.5% | $8K+14.3% | $7K-53.3% | $15K-6.3% | $16K-38.5% | $26K |
| Free Cash Flow | -$6.6M-14.5% | -$5.8M+23.8% | -$7.6M-20.5% | -$6.3M-5.6% | -$5.9M-219.2% | $5.0M+173.4% | -$6.8M+11.0% | -$7.6M |
| Investing Cash Flow | $5.2M-1.4% | $5.2M+111.7% | -$44.8M-706.7% | $7.4M+43.4% | $5.1M+190.5% | -$5.7M-1621.1% | $374K+102.5% | -$15.2M |
| Financing Cash Flow | $373K+1972.2% | $18K-100.0% | $53.5M+22781.2% | $234K-80.6% | $1.2M+14.2% | $1.1M+71.1% | $616K+381.3% | $128K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
SERA Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | -156.3%-15.1pp | -141.2%-135.9pp | -5.3%+28.1pp | -33.3%-50.0pp | 16.7% | N/A | N/A | N/A |
| Operating Margin | -56125.0%-1301.5pp | -54823.5%-30481.4pp | -24342.1%+14920.4pp | -39262.5%-708.3pp | -38554.2% | N/A | -21580.5%-2094.8pp | -19485.7% |
| Net Margin | -48837.5%-1508.1pp | -47329.4%-25784.7pp | -21544.7%+14201.1pp | -35745.8%-1150.0pp | -34595.8% | N/A | -19329.3%-2162.6pp | -17166.7% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -7.2%-0.0pp | -7.2%-0.3pp | -6.9%+4.9pp | -11.8%-2.0pp | -9.8%-0.8pp | -9.0%-0.7pp | -8.3%-0.3pp | -8.0% |
| Current Ratio | 1.89+0.2 | 1.73-0.3 | 2.02+0.1 | 1.92-0.2 | 2.08-0.1 | 2.19-0.3 | 2.51-1.0 | 3.51 |
| Debt-to-Equity | 0.32+0.0 | 0.27+0.0 | 0.25-0.3 | 0.52+0.1 | 0.42+0.0 | 0.39+0.0 | 0.36+0.2 | 0.19 |
| FCF Margin | -41181.3%-7334.2pp | -33847.1%-13962.9pp | -19884.2%+6232.5pp | -26116.7%-1387.5pp | -24729.2% | N/A | -16539.0%+1603.8pp | -18142.9% |
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Frequently Asked Questions
What is Sera Prognostics, Inc.'s annual revenue?
Sera Prognostics, Inc. (SERA) reported $77K in total revenue for fiscal year 2024. This represents a -74.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Sera Prognostics, Inc.'s revenue growing?
Sera Prognostics, Inc. (SERA) revenue declined by 74.8% year-over-year, from $306K to $77K in fiscal year 2024.
Is Sera Prognostics, Inc. profitable?
No, Sera Prognostics, Inc. (SERA) reported a net income of -$32.9M in fiscal year 2024, with a net profit margin of -42724.7%.
What is Sera Prognostics, Inc.'s earnings per share (EPS)?
Sera Prognostics, Inc. (SERA) reported diluted earnings per share of $-0.99 for fiscal year 2024. This represents a 14.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Sera Prognostics, Inc.'s EBITDA?
Sera Prognostics, Inc. (SERA) had EBITDA of -$35.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Sera Prognostics, Inc.'s gross margin?
Sera Prognostics, Inc. (SERA) had a gross margin of -6.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Sera Prognostics, Inc.'s operating margin?
Sera Prognostics, Inc. (SERA) had an operating margin of -47577.9% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Sera Prognostics, Inc.'s net profit margin?
Sera Prognostics, Inc. (SERA) had a net profit margin of -42724.7% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Sera Prognostics, Inc.'s free cash flow?
Sera Prognostics, Inc. (SERA) generated -$14.2M in free cash flow during fiscal year 2024. This represents a 47.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Sera Prognostics, Inc.'s operating cash flow?
Sera Prognostics, Inc. (SERA) generated -$14.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Sera Prognostics, Inc.'s total assets?
Sera Prognostics, Inc. (SERA) had $72.6M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Sera Prognostics, Inc.'s capital expenditures?
Sera Prognostics, Inc. (SERA) invested $56K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Sera Prognostics, Inc. spend on research and development?
Sera Prognostics, Inc. (SERA) invested $14.7M in research and development during fiscal year 2024.
What is Sera Prognostics, Inc.'s current ratio?
Sera Prognostics, Inc. (SERA) had a current ratio of 1.92 as of fiscal year 2024, which is generally considered healthy.
What is Sera Prognostics, Inc.'s debt-to-equity ratio?
Sera Prognostics, Inc. (SERA) had a debt-to-equity ratio of 0.52 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Sera Prognostics, Inc.'s return on assets (ROA)?
Sera Prognostics, Inc. (SERA) had a return on assets of -45.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Sera Prognostics, Inc.'s cash runway?
Based on fiscal year 2024 data, Sera Prognostics, Inc. (SERA) had $4.0M in cash against an annual operating cash burn of $14.2M. This gives an estimated cash runway of approximately 3 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Sera Prognostics, Inc.'s Piotroski F-Score?
Sera Prognostics, Inc. (SERA) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Sera Prognostics, Inc.'s earnings high quality?
Sera Prognostics, Inc. (SERA) has an earnings quality ratio of 0.43x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Sera Prognostics, Inc. cover its interest payments?
Sera Prognostics, Inc. (SERA) has an interest coverage ratio of -1308.4x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Sera Prognostics, Inc.?
Sera Prognostics, Inc. (SERA) scores 30 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.