Sera Prognostics, Inc. (SERA)

From the record

Sera Prognostics, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Sera Prognostics, Inc.'s 6 filed years say what it did: revenue went from $25 thousand in fiscal 2020 to $81 thousand in fiscal 2025, up 26.5% a year; it rose in 4 of 5 years; the deepest fall was 75% from fiscal 2023 to fiscal 2024; net income was positive in 0 of 6 of those years (its annual reports).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Sera Prognostics, Inc. lost about 42 cents for every dollar of shareholders' money, and gross profitability: its products earned less than nothing, about minus 0 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 26 cents per dollar of assets, and net share issuance: its share count grew 43.7% over the year (the filed statements).

From the record

Sera Prognostics, Inc.'s standing among 24 graded names in its industry family: revenue of $81 thousand in fiscal 2025 ranks in the bottom 7% by size; a net margin of -39417.3% ranks in the bottom 2%; revenue growth of -32.9% a year over the last 3 filed years ranks in the bottom 2% (its annual reports).

From the record

Sera Prognostics, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Lindgardt, Zhenya (Chief Executive Officer, as filed), filing under that title since 2023-11-08, 3 years (bottom 26% of its family); the 17 officers and directors filing in the last fifteen months have been on the record a median of 5 years (bottom 30%); 3 officer or director changes were reported on Form 8-K since 2023-11-13, against the 17 people in charge now (top 43%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Sera Prognostics, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $4 million against no long-term debt tagged leaves 3.9% of its assets as net cash, bottom 37% of its family; cash from operations less capital spending is -32529.6% of revenue (bottom 2%); a gross margin of -102.5% (bottom 9%); research spending of 16260.5% of revenue (top 3%) (its annual report).

From the record

Sera Prognostics, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -32.9% a year over the last three filed years against 26.5% over all 6, slowing (bottom 11% of its family); the newest year grew 5.2% (bottom 33%); research spending grew -2.6% a year (bottom 47%); capital spending grew -2.8% a year (bottom 45%) (its annual reports). Sera Prognostics, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Sera Prognostics, Inc.'s newest year against its own record: revenue of $81 thousand in fiscal 2025 came in 96.2% above the $41 thousand its prior three years' pace pointed to (top 2% of its family); net income of $32 million against a prior three-year average of $38 million (bottom 43%); a net margin of a loss larger than its revenue against losses larger than its revenue before (bottom 3%) (its annual reports).