Cytek Investor Day Presentation Deck
Quarterly Revenue and Adjusted Gross Margin %
Q1-20 to Q1-22
($MM)
$18.0
$1.9
47%
$16.1
Q1'20A
$19.1
$1.7
CYTEK
TRANSCEND THE CONVENTIONAL
43%
$17.5
Q2'20A
$25.1
$1.9
62%
$23.2
Q3'20A
Service Revenue
$30.6
$2.0
64%
$28.6
Q4'20A
$24.3
$1.6
60%
$22.7
Q1'21A
$30.4
$1.7
Reconciliation of Non-GAAP figures are in the appendix
65%
$28.7
Q2'21A
Product Revenue
$34.4
$2.2
64%
$32.2
Q3'21A
$38.9
$2.9
63%
$36.0
Q4'21A
Adj-GP
$35.1
$3.6
61%
$31.5
Q1'22A
Q1-2022 Review
• Revenue $35.1 million
or + 44% YoY
Cytek added another
116 instruments now
total base at 1,226
●
●
Service revenue has
more than doubled from
the prior year on more
instruments coming off
warranty
●
• Adjusted GP margin
61% compared to 60%
in the first quarter of
2021
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