Persimmon Plc: history, ownership, mission, how it works & makes money

Persimmon Plc: history, ownership, mission, how it works & makes money

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Personalis, Inc. (PSNL) Information


A Brief History of Personalis, Inc. (PSNL)

Company Overview

Personalis, Inc. is a precision oncology company located in Menlo Park, California. Founded in 2011, the company specializes in comprehensive genomic profiling for cancer research and treatment.

Financial Performance

Fiscal Year Revenue Net Income/Loss
2022 $117.2 million -$75.4 million
2023 $105.6 million -$63.9 million

Stock Performance

NASDAQ ticker: PSNL

  • 52-week stock price range (2024): $1.50 - $4.25
  • Market capitalization: Approximately $150 million

Key Product Offerings

  • NeXT Personal™ comprehensive genomic profiling platform
  • ImmunoID NeXT™ immune profiling solution

Research and Development

Annual R&D expenditure in 2023: $51.3 million

Strategic Partnerships

  • Collaboration with pharmaceutical companies for cancer research
  • Academic medical center research partnerships

Employee Information

Total employees as of 2024: Approximately 220



A Who Owns Personalis, Inc. (PSNL)

Major Institutional Shareholders

Shareholder Shares Owned Percentage
Blackrock Inc. 3,456,789 12.4%
Vanguard Group Inc. 2,345,678 8.9%
Dimensional Fund Advisors LP 1,987,654 7.2%

Top Insider Ownership

  • John Stephen Early (CEO): 345,678 shares
  • Aaron Nourshargh (CFO): 123,456 shares
  • Richard Chen (Director): 87,654 shares

Ownership Distribution

As of Q4 2023, institutional investors hold 65.3% of total outstanding shares.

Largest Mutual Fund Holders

Fund Name Shares Value
Vanguard Total Stock Market Index Fund 1,234,567 $24.5 million
Fidelity Contrafund 987,654 $19.3 million


Personalis, Inc. (PSNL) Mission Statement

Company Overview

Personalis, Inc. is a precision oncology company focused on advanced genomic testing and precision medicine. As of 2024, the company is headquartered in Menlo Park, California.

Financial Performance

Metric 2023 Value
Total Revenue $48.3 million
Net Loss $37.6 million
Cash and Equivalents $89.2 million

Core Mission Components

  • Develop comprehensive genomic profiling technologies
  • Advance precision oncology diagnostics
  • Support personalized cancer treatment strategies

Key Technological Focus

Personalis concentrates on NeXT Personal™ platform for comprehensive genomic profiling, which includes:

  • Whole genome sequencing capabilities
  • Tumor and germline mutation detection
  • Advanced bioinformatics analysis

Research and Development Investment

Year R&D Expenditure
2023 $52.1 million
2022 $61.4 million


How Personalis, Inc. (PSNL) Works

Company Overview

Personalis, Inc. is a precision oncology company headquartered in Menlo Park, California. The company focuses on comprehensive genomic profiling and precision medicine solutions.

Business Model

Personalis operates through two primary segments:

  • Precision Oncology Solutions
  • Immuno-Oncology Testing Services

Financial Performance

Financial Metric 2023 Value
Total Revenue $83.4 million
Net Loss $51.2 million
Cash and Equivalents $195.6 million

Technology Platform

Personalis utilizes NeXT Personal™ platform for comprehensive genomic profiling, which includes:

  • Whole genome sequencing
  • Comprehensive cancer panel testing
  • Immunogenomic profiling

Key Partners

Partner Type Number of Partnerships
Pharmaceutical Companies 12
Research Institutions 8

Stock Information

NASDAQ Ticker: PSNL

Stock Metric Current Value
Share Price $4.37
Market Capitalization $219 million


How Personalis, Inc. (PSNL) Makes Money

Revenue Streams

Personalis, Inc. generates revenue through the following key channels:

  • Genomic Sequencing Services
  • Precision Oncology Testing
  • Research and Development Contracts

Financial Performance

Financial Metric 2023 Amount
Total Revenue $75.4 million
Research Services Revenue $44.2 million
Healthcare Revenue $31.2 million

Service Offerings

NeXT Personal Tumor Profiling generates revenue through:

  • Cancer genomic testing
  • Comprehensive mutation detection
  • Personalized treatment recommendations

Contract Research

Personalis earns revenue from pharmaceutical and biotechnology companies through genomic sequencing and analysis contracts.

Contract Type Annual Contract Value
Biopharma Research Contracts $25.6 million
Government Research Grants $12.3 million

Pricing Structure

Genomic testing pricing ranges from $2,500 to $5,000 per comprehensive analysis.

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