Cytek Investor Presentation Deck
Quarterly Revenue and Adjusted Gross Margin %
Q1-20 to Q3-22
($MM)
$18.0
$1.9
47%
$16.1
Q1'20A
CYTEK
TRANSCEND THE CONVENTIONAL
$19.1
$1.7
43%
$17.5
Q2'20A
$25.1
$1.9
62%
$23.2
Q3'20A
$30.6
$2.0
64%
$28.6
Q4'20A
Service Revenue
Reconciliation of Non-GAAP figures are in the appendix
$24.3
$1.6
60%
$22.7
Q1'21A
$30.4
$1.7
65%
$28.7
Q2'21A
$34.4
$2.2
64%
$32.2
Q3'21A
Product Revenue
$38.9
$2.9
63%
$36.0
Q4'21A
$35.1
$3.6
60%
$31.5
Q1'22A
-Adj-GP
$40.2 $40.5
$3.1
63%
$37.1
Q2'22A
$4.1
68%
$36.4
Q3'22A
Q3-2022 Under Review
• Total Revenue $40.5
Cytek added another 142
instruments now total base
at 1,501
• Service revenue growing
steadily to $4.1m up from
$2.2m in 2021 on more
instruments coming off
warranty
• Adjusted GP margin 68%
compared to 64% in the
third quarter of 2021
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