Private company
Quotient Ltd
In vitro and in vivo diagnostic substances company. Summary from the record
Last updated Oct 19, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Cost of revenue28¢$23.6M
- Research and development71¢$58.7M
- Income tax1¢$961.0K
Out of $38.5M in revenue.2 The company lost money this year.
Financial statements
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $18.4M4 | $18.5M5 | $22.2M6 | $24.7M7 | $29.1M8 | $32.7M8 | $43.4M2 | $38.5M2 |
| Cost of revenue | $9.8M4 | $9.7M5 | $10.8M6 | $10.5M7 | $17.2M8 | $17.8M8 | $20.1M2 | $23.6M2 |
| Gross profit | $8.6M4 | $8.9M5 | $11.4M6 | $14.3M7 | $11.9M8 | $14.9M8 | $23.3M2 | $14.9M2 |
| Research and development | $19.2M4 | $28.8M5 | $57.1M6 | $51.2M7 | $50.9M8 | $53.4M8 | $53.7M2 | $58.7M2 |
| Operating expenses | $118.8M2 | |||||||
| Operating income | -$29.7M4 | -$49.1M5 | -$74.1M6 | -$70.0M7 | -$79.2M8 | -$80.4M8 | -$82.7M2 | -$103.8M2 |
| Income before tax | -$124.2M2 | |||||||
| Income tax | -$649.0K7 | $30.0K8 | $58.0K8 | $1.3M2 | $961.0K2 | |||
| Net income | -$59.1M4 | -$33.9M5 | -$85.1M6 | -$82.3M7 | -$106.4M8 | -$105.1M8 | -$111.0M2 | -$125.1M2 |
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Cash | $37.5M5 | $44.1M5 | $4.8M6 | $20.2M7 | $4.1M8 | $3.4M8 | $45.7M2 | $65.1M2 |
| Receivables | $6.3M2 | |||||||
| Inventory | $22.0M2 | |||||||
| Current assets | $49.5M12 | $61.7M4 | $40.6M5 | $52.0M6 | $116.9M7 | $167.6M8 | $143.9M2 | $101.8M2 |
| Property, plant and equipment | $33.2M2 | |||||||
| Intangible assets | $520.0K2 | |||||||
| Total assets | $80.2M12 | $119.8M4 | $110.0M5 | $123.8M6 | $177.8M7 | $246.6M8 | $219.8M2 | $194.0M2 |
| Short-term debt | $02 | |||||||
| Current liabilities | $54.8M12 | $21.4M4 | $29.7M5 | $27.1M6 | $25.4M7 | $50.4M8 | $59.5M2 | $32.8M2 |
| Long-term debt | $10.5M12 | $29.0M4 | $84.0M5 | $84.0M6 | $120.0M7 | $145.0M13 | $120.8M13 | $233.3M2 |
| Total liabilities | $81.8M12 | $73.0M4 | $134.1M5 | $138.5M6 | $176.1M7 | $244.4M8 | $255.4M2 | $338.1M2 |
| Retained earnings | -$725.0M2 | |||||||
| Shareholders’ equity | -$1.6M5 | $46.7M6 | -$24.1M7 | -$15.2M8 | $709.0K8 | $2.2M8 | -$35.6M2 | -$144.1M2 |
| Shares outstanding | 17.0M shares14 | 25.4M shares12 | 37.6M shares4 | 45.8M shares5 | 66.2M shares6 | 101.1M shares8 | 101.5M shares8 | 103.2M shares2 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -$56.2M6 | -$68.4M7 | -$75.7M8 | -$80.6M8 | -$77.6M2 | -$119.0M2 | ||
| Stock-based compensation | $6.2M2 | |||||||
| Capital spending | $23.9M4 | $28.9M5 | $20.2M6 | $21.6M7 | $4.8M8 | $4.6M8 | $4.2M2 | $2.9M2 |
| Free cash flow | -$76.4M | -$90.0M | -$80.4M | -$85.2M | -$81.8M | -$121.9M | ||
| Cash from investing | $44.1M2 | |||||||
| Cash from financing | $87.6M2 |
Leadership
Who has led Quotient Ltd, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
- Chief executive officerManuel O. Mendez Apr 5, 2021 to Jun 28, 202215
- Chief executive officerFranz Walt Jun 1, 2018 to Mar 24, 202116
- PresidentJeremy Stackawitz Apr 24, 2014 to May 31, 201917
- Chief financial officerAli Kiboro Nov 23, 2021 to Nov 22, 202218
- Chief financial officerPeter Buhler Feb 7, 2020 to Jun 11, 202119
- Chief financial officerChristopher J. Lindop Feb 13, 2017 to May 28, 201920
- Chief financial officerStephen Unger Apr 24, 2014 to Jun 6, 201621
Board members and other officers (23)
- OfficerVittoria Bonasso Jun 11, 2021 to Feb 2, 202322
- Chief Commercial OfficerKhoury Mohammad El Oct 6, 2021 to Oct 5, 202223
- OfficerErnest Larnach Jan 6, 2020 to Nov 3, 202024
- EVPChristopher J. Lindop Feb 11, 2020 to May 26, 202025
- Chief Commercial OfficerJeremy Stackawitz May 26, 2020 to Jun 11, 202126
- OfficerFranz Walt Apr 3, 2018 to May 25, 202127
- Cheif Financial OfficerStephen Unger Mar 16, 2015 to Mar 16, 201528
- OfficerD. J. Paul E. Cowan Apr 24, 2014 to Nov 1, 201729
- OfficerRoland Boyd Apr 24, 2014 to Aug 21, 201930
- Board memberThomas Aebischer May 3, 2022 to Feb 2, 202331
- Board memberSophie Bechu Sep 7, 2022 to Feb 2, 202332
- Board memberManuel O. Mendez Apr 5, 2021 to Jun 28, 202215
- Board memberCatherine Larue Sep 3, 2020 to Feb 2, 202333
- Board memberIsabelle Buckle Sep 3, 2020 to Feb 2, 202334
- Board memberFranz Walt Feb 21, 2018 to Mar 24, 202135
- Board memberBrian McDonough Apr 24, 2014 to Nov 2, 202236
- Board memberD. J. Paul E. Cowan Apr 24, 2014 to Nov 1, 201729
- Board memberFrederick Hallsworth Apr 24, 2014 to Feb 2, 202337
- Board memberL. John Wilkerson Apr 24, 2014 to Aug 2, 202238
- Board memberThomas A. Bologna Apr 24, 2014 to Aug 4, 202039
- Board memberZubeen Shroff Apr 24, 2014 to Aug 2, 202240
- Board memberSarah A. Oconnor Aug 7, 2014 to Aug 4, 202041
- Board memberProndzynski Heino Von Sep 15, 2014 to Feb 2, 202342
Timeline
Filings
195 filings to the SEC since October 2021: 2 annual reports, 6 quarterly reports, 29 major events, 77 insider forms, 23 large holders, 58 other. The latest 20:
- Jun 30, 202315-12G EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 29, 2023EFFECT EDGAR
- Jun 26, 2023POS AM EDGAR
- Jun 26, 2023POS AM EDGAR
- Jun 26, 2023POS AM EDGAR
- Jun 26, 2023POS AM EDGAR
- Jun 26, 2023POS AM EDGAR
- Jun 26, 2023POS AM EDGAR
- Jun 26, 2023POS AM EDGAR
- Jun 26, 2023POS AM EDGAR
- Jun 26, 2023S-8 POS EDGAR
- Jun 26, 2023S-8 POS EDGAR
- Jun 26, 2023S-8 POS EDGAR
The 195 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
25 open-market trades by officers, directors and large owners since October 2021: 12 buys and 13 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Nov 25, 2022 | Buckle IsabelleDirector | Sale | 1,014 | $0.88 | $892 | Form 4 |
| Nov 18, 2022 | von Prondzynski HeinoDirector | Sale | 25,000 | $1.18 | $29.5K | Form 4 |
| Oct 31, 2022 | PERCEPTIVE ADVISORS LLC10% owner | Sale | 8,255,607 | $0.08 | $660.4K | Form 4 |
| Sep 15, 2022 | von Prondzynski HeinoDirector | Buy | 700,000 | $0.20 | $140.0K | Form 4 |
| Sep 13, 2022 | von Prondzynski HeinoDirector | Buy | 100,000 | $0.19 | $19.0K | Form 4 |
| Sep 6, 2022 | von Prondzynski HeinoDirector | Buy | 100,000 | $0.17 | $17.0K | Form 4 |
| Sep 1, 2022 | von Prondzynski HeinoDirector | Buy | 100,000 | $0.18 | $18.0K | Form 4 |
| Jul 31, 2022 | Buckle IsabelleDirector | Sale | 2,479 | Form 4 | ||
| Jul 31, 2022 | McDonough BrianDirector | Sale | 2,384 | Form 4 | ||
| Jun 30, 2022 | Hallsworth FrederickDirector | Buy | 84,808 | $0.24 | $20.4K | Form 4 |
| Jun 24, 2022 | SHROFF ZUBEENDirector | Buy | 4,666,666 | $0.30 | $1.4M | Form 4 |
| Jun 24, 2022 | WILKERSON L JOHNDirector | Buy | 4,666,666 | $0.30 | $1.4M | Form 4 |
| Jun 24, 2022 | Mendez Manuel O.Chief Executive Officer | Buy | 66,666 | $0.30 | $20.0K | Form 4 |
| Jun 24, 2022 | Kiboro AliChief Financial Officer | Buy | 66,666 | $0.30 | $20.0K | Form 4 |
| May 2, 2022 | Buckle IsabelleDirector | Sale | 2,209 | $0.52 | $1.1K | Form 4 |
| May 2, 2022 | McDonough BrianDirector | Sale | 2,124 | $0.52 | $1.1K | Form 4 |
| May 2, 2022 | Buckle IsabelleDirector | Sale | 2,143 | Form 4 | ||
| May 2, 2022 | McDonough BrianDirector | Sale | 2,060 | Form 4 | ||
| Feb 24, 2022 | von Prondzynski HeinoDirector | Buy | 28,894 | $1.31 | $37.9K | Form 4 |
| Feb 23, 2022 | von Prondzynski HeinoDirector | Buy | 31,106 | $1.28 | $39.8K | Form 4 |
All 25 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Quotient Holdings GP, LLCSC 13D, 1 filing Feb 27, 202343
- Bracebridge Capital, LLCSC 13D/A, 2 filings Dec 15, 2022 to Feb 22, 202344
- CI INVESTMENTS INC.SC 13D/A, 2 filings Dec 15, 2022 to Feb 21, 202345
- HIGHBRIDGE CAPITAL MANAGEMENT LLCSC 13D/A, 3 filings Feb 11, 2022 to Feb 21, 202346
- HONEYWELL CAPITAL MANAGEMENT LLCSC 13D/A, 2 filings Dec 15, 2022 to Feb 21, 202347
- WHITEBOX ADVISORS LLCSC 13D/A, 2 filings Dec 15, 2022 to Feb 21, 202348
- PURA VIDA INVESTMENTS, LLCSC 13G/A, 3 filings Feb 14, 2022 to Feb 14, 202349
- Polar Capital Holdings PlcSC 13G/A, 2 filings Feb 14, 2022 to Feb 14, 202350
- PERCEPTIVE ADVISORS LLCSC 13G/A, 2 filings Feb 15, 2022 to Nov 3, 202251
- Maven Investment Partners US LtdSC 13D/A, 3 filings Jul 6, 202252
- Credit SuisseSC 13G/A, 1 filing Feb 14, 202253
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARQuotient Ltd filings on SEC EDGAR
- 2SEC EDGARQuotient Ltd 10-K for fiscal 2022
- 3SEC EDGARQuotient Ltd filings on SEC EDGAR
- 4SEC EDGARQuotient Ltd 10-K for fiscal 2015
- 5SEC EDGARQuotient Ltd 10-K for fiscal 2016
- 6SEC EDGARQuotient Ltd 10-K for fiscal 2017
- 7SEC EDGARQuotient Ltd 10-K for fiscal 2018
- 8SEC EDGARQuotient Ltd 10-K for fiscal 2019
- 9SEC EDGARQuotient Ltd 10-Q for fiscal 2022
- 10SEC EDGARQuotient Ltd 10-Q for fiscal 2022
- 11SEC EDGARQuotient Ltd 10-Q for fiscal 2022
- 12SEC EDGARQuotient Ltd 10-K for fiscal 2015
- 13SEC EDGARQuotient Ltd 10-K for fiscal 2020
- 14SEC EDGARQuotient Ltd 10-K for fiscal 2015
- 15
- 16SEC EDGARFranz Walt, Chief executive officer
- 17SEC EDGARJeremy Stackawitz, President
- 18SEC EDGARAli Kiboro, Chief financial officer
- 19
- 20
- 21
- 22SEC EDGARVittoria Bonasso, Officer
- 23
- 24SEC EDGARErnest Larnach, Officer
- 25SEC EDGARChristopher J. Lindop, EVP
- 26
- 27SEC EDGARFranz Walt, Officer
- 28
- 29SEC EDGARD. J. Paul E. Cowan, Officer
- 30SEC EDGARRoland Boyd, Officer
- 31SEC EDGARThomas Aebischer, Board member
- 32SEC EDGARSophie Bechu, Board member
- 33SEC EDGARCatherine Larue, Board member
- 34SEC EDGARIsabelle Buckle, Board member
- 35SEC EDGARFranz Walt, Board member
- 36SEC EDGARBrian McDonough, Board member
- 37SEC EDGARFrederick Hallsworth, Board member
- 38SEC EDGARL. John Wilkerson, Board member
- 39SEC EDGARThomas A. Bologna, Board member
- 40SEC EDGARZubeen Shroff, Board member
- 41SEC EDGARSarah A. Oconnor, Board member
- 42SEC EDGARProndzynski Heino Von, Board member
- 43
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- 45
- 46
- 47
- 48
- 49
- 50
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