SPT Labtech Limited

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SPT Labtech Limited - overview

About

Based in Melbourne, England, abd founded in 2001, SPT Labtech Limited, formerly known as TTP Labtech Limited, offers data driven solutions for life sciences applications such as drug discovery, molecular biology and genomics and structural biology to eliminate drug-discovery bottlenecks. In June 2022, EQT agreed to acquire SPT Labtech Limited from Battery Ventures for GBP 650 million. As of January 2024, David Newble is the Chief Executive Officer (CEO) of the company. SPT Labtech Limited has accelerated its research and development activities by working together, applying expertise, and utilizing technical solutions.

GlaxoSmithKline plc, Dart NeuroScience LLC, and Abcam plc are some of the notable partners. The company's product portfolio includes offerings such as Dragonfly Discovery, Dragonfly Crystal, Mosquito HV Genomics, Mosquito LV Genomics, Mosquito Xtal3, Mosquito (LCP, HV, LV, X1, and Crystal), Chameleon, Arktic XC, Arktic, comPOUND, and Lab2Lab, which benefit scientists, service teams, and budget holders. SPT Labtech utilized pneumatic technology to create a pharmaceutical research and development instrument capable of sorting, storing, and transporting samples. Additionally, the organization uses positive displacement pipetting for liquid handling.

Additionally, SPT Labtech offers an automated online analysis solution that incorporates Nanoscale chemistry to improve drug discovery research. The company also provides technical support and instrument relocation services, which include pre-inspection, decommissioning, transportation, reinstallation, and testing of instruments. SPT Labtech provides application support services such as annual preventive maintenance, phone and email assistance, remote access support, application software updates, user training, and performance optimization sessions.

Primary Industry

Biotechnology

Sub Industries

Biopharmaceuticals, Diagnostic, Medical & Imaging Laboratories

Website

www.sptlabtech.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

SPT Labtech Limited - timeline of key events

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SPT Labtech Limited - financials

Fiscal Year Ended	Mar 31, 2011	Mar 31, 2012	Mar 31, 2013	Mar 31, 2014	Mar 31, 2015	Mar 31, 2016	Mar 31, 2017	Mar 31, 2018	Mar 31, 2019	Mar 31, 2020	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Revenue (USD)	11,370,000	11,869,000	12,125,000	17,446,000	18,035,000	19,176,000	21,477,000	24,422,000	25,527,000	31,508,000	30,704,000	47,841,000	-	-	-
% Revenue Growth (YoY)	-	4.4%	2.2%	43.9%	3.4%	6.3%	12.0%	13.7%	4.5%	23.4%	-	-	-	-	-
EBITDA (USD)	(1,042,000)	(449,000)	(860,000)	1,113,000	343,000	(1,550,000)	(440,000)	(36,000)	798,000	5,660,000	11,241,000	15,410,000	-	-	-
Operating Income (USD)	(1,480,000)	(947,000)	(1,235,000)	803,000	(9,000)	(1,901,000)	(805,000)	(687,000)	229,000	5,087,000	10,781,000	14,637,000	-	-	-
Operating Margin	(13.0%)	(8.0%)	(10.2%)	4.6%	(0.0%)	(9.9%)	(3.7%)	(2.8%)	0.9%	16.1%	35.1%	30.6%	-	-	-
% EBITDA Margin	(9.2%)	(3.8%)	(7.1%)	6.4%	1.9%	(8.1%)	(2.0%)	(0.1%)	3.1%	18.0%	36.6%	32.2%	-	-	-
NET Income (USD)	(1,438,000)	(979,000)	(285,000)	833,000	65,000	(2,046,000)	(1,021,000)	(881,000)	68,000	4,353,000	8,455,000	12,428,000	-	-	-
% Net Margin	(12.6%)	(8.2%)	(2.4%)	4.8%	0.4%	(10.7%)	(4.8%)	(3.6%)	0.3%	13.8%	27.5%	26.0%	-	-	-

SPT Labtech Limited - deals

Deals Type	Deal Status	Target (s)	Deal Date
Secondary Buyout	Completed	SPT Labtech Limited	-
Add-on	Completed	BioMicroLab, Inc.	-
Add-on	Completed	Apricot Designs, Inc.	-
Buyout	Completed	SPT Labtech Limited	-

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SPT Labtech Limited - employee data

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