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Twist Bioscience Corp

For the period ended Jun 30, 2024. Filed Aug 2, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 2, 2024

TWST$120.79+0.1%Stored close · as of Nov 6, 2026
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Forward-looking statements

This Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, or Form 10-Q, contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. These statements relate to, among other matters, plans for product development and licensing to third parties, plans and timeframe for the commercial development of DNA data storage capabilities, expectations regarding market penetration, anticipated customer conversions to our products, plans to expand in the international markets, and identification and development of potential antibody candidates. Forward-looking statements are also identified by the words “believe,” “will,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “expect,” “predict,” “could,” “potentially” and variations of such words and similar expressions. You should not rely upon forward-looking statements as predictions of future events. Such statements are based on management’s expectations as of the date of this filing and involve many risks and uncertainties that could cause our actual results, events or circumstances to differ materially from those expressed or implied in our forward-looking statements. Such risks and uncertainties include:

our ability to increase our revenue and our revenue growth rate;

our ability to accurately estimate capital requirements and our needs for additional financing; our estimates of the size of our market opportunities;

our ability to increase DNA production, reduce turnaround times and drive cost reductions for our customers;

our ability to effectively manage our growth;

our ability to successfully enter new markets and manage our international expansion;

our ability to develop and commercialize additional products in the synthetic biology, biologic drug and data storage industries, including our Express Genes product;

our ability to leverage our investment in our manufacturing facility in Wilsonville, Oregon;

our ability to protect our intellectual property, including our proprietary DNA synthesis platform;

costs associated with defending intellectual property infringement and other claims;

the effects of increased competition in our business;

our ability to keep pace with changes in technology and our competitors;

our ability to successfully identify, evaluate and manage any future acquisitions of businesses, solutions or technologies;

the success of our marketing efforts;

a significant disruption in, or breach in security of our information technology systems and resultant interruptions in service and any related impact on our reputation;

our ability to attract and retain qualified employees and key personnel;

the effects of natural or man-made catastrophic events or public health emergencies;

the effectiveness of our internal controls;

changes in government regulation affecting our business;

uncertainty as to economic and market conditions and the impact of adverse economic conditions; and

other risk factors included under the section titled “Risk factors” contained in Item 1A of our Annual Report on Form 10-K filed with the SEC on November 21, 2023, our Quarterly Report on Form 10-Q filed with the SEC on February 2, 2024 and this Quarterly Report on Form 10-Q.

You should not rely upon forward-looking statements as predictions of future events. Such statements are based on management’s expectations as of the date of this filing and involve many risks and uncertainties that could cause our actual results, events or circumstances to differ materially from those expressed or implied in our forward-looking statements.

Readers are urged to carefully review and consider all of the information in this Form 10-Q and in other documents we file from time to time with the Securities and Exchange Commission, or SEC. We undertake no obligation to update any forward-looking statements made in this Form 10-Q to reflect events or circumstances after the date of this filing or to reflect new information or the occurrence of unanticipated events, except as required by law. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements. Our forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures or investments we may make.

When we use the terms “Twist,” “Twist Bioscience,” the “Company,” “we,” “us” or “our” in this report, we are referring to Twist Bioscience Corporation and its consolidated subsidiaries unless the context requires otherwise. Sequence space and the Twist logo are trademarks of Twist Bioscience Corporation. All other company and product names may be trademarks of the respective companies with which they are associated.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.