🎉 M&A multiples are live!
Check it out!

Exagen Valuation Multiples

Discover revenue and EBITDA valuation multiples for Exagen and similar public comparables like Healius, Cyclopharm, and CurveBeam AI.

Exagen Overview

About Exagen

Exagen Inc is a commercial-stage diagnostics company committed to addressing the unmet need for the accurate diagnosis and monitoring of patients affected by autoimmune rheumatic diseases. It currently markets ten testing products under its Avise brand to provide an accurate, timely, and differential diagnosis and to optimize the treatment of ARDs. It markets and sells solutions to community rheumatologists.


Founded

2002

HQ

United States of America
Employees

209

Website

exagen.com

Financials

LTM Revenue $58.2M

LTM EBITDA -$8.7M

EV

$83.3M

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 10K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Exagen Financials

Exagen has a last 12-month revenue of $58.2M and a last 12-month EBITDA of -$8.7M.

In the most recent fiscal year, Exagen achieved revenue of $55.6M and an EBITDA of -$11.1M.

Exagen expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See Exagen valuation multiples based on analyst estimates

Exagen P&L

FY 2023 FY 2024 FY 2025 LTM NTM
Revenue $52.5M $55.6M XXX XXX XXX
Gross Profit $21.3M $29.5M XXX XXX XXX
Gross Margin 41% 53% XXX XXX XXX
EBITDA -$19.2M -$11.1M XXX XXX XXX
EBITDA Margin -36% -20% XXX XXX XXX
Net Profit -$47.4M -$23.7M XXX XXX XXX
Net Margin -90% -43% XXX XXX XXX
Net Debt n/a n/a XXX XXX XXX

Financial data powered by Morningstar, Inc.

Exagen Stock Performance

As of April 15, 2025, Exagen's stock price is $5.

Exagen has current market cap of $82.3M, and EV of $83.3M.

See Exagen trading valuation data

Exagen Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$83.3M $82.3M XXX XXX XXX XXX $-0.77

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Sign Up

Exagen Valuation Multiples

As of April 15, 2025, Exagen has market cap of $82.3M and EV of $83.3M.

Exagen's trades at 1.4x LTM EV/Revenue multiple, and -9.6x LTM EBITDA.

Analysts estimate Exagen's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See valuation multiples for Exagen and 10K+ public comps

Exagen Financial Valuation Multiples

FY 2024 FY 2025E FY 2026E FY 2027E
EV $83.3M XXX XXX XXX
EV/Revenue 1.5x XXX XXX XXX
EV/EBITDA -7.5x XXX XXX XXX
P/E -5.4x XXX XXX XXX
P/E/Growth n/a XXX XXX XXX
EV/FCF -6.0x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Exagen Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Sign Up

Exagen Valuation Multiples

Exagen's NTM/LTM revenue growth is 16%

Exagen's revenue per employee for the last fiscal year averaged $0.3M, while opex per employee averaged $0.2M for the same period.

Over next 12 months, Exagen's ratio of sales and marketing spend to revenue is estimated to be  XXX , while its R&D spend to revenue to be  XXX .

Analysts estimate Exagen's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

See operational valuation multiples for Exagen and other 10K+ public comps

Exagen Operational Valuation Multiples

FY 2024 NTM FY 2025E FY 2026E FY 2027E
Revenue Growth 6% XXX XXX XXX XXX
EBITDA Margin -20% XXX XXX XXX XXX
EBITDA Growth -42% XXX XXX XXX XXX
Rule of 40 (SaaS-only) -4% XXX XXX XXX XXX
Revenue per Employee $0.3M XXX XXX XXX XXX
Opex per Employee $0.2M XXX XXX XXX XXX
S&M Expenses to Revenue n/a XXX XXX XXX XXX
G&A Expenses to Revenue n/a XXX XXX XXX XXX
R&D Expenses to Revenue 10% XXX XXX XXX XXX
Opex to Revenue 84% XXX XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

Exagen Public Comps

See public comps and valuation multiples for Medical Imaging & Diagnostics and Laboratory Services comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
Australian Clinical Labs XXX XXX XXX XXX XXX XXX
Clarity Pharmaceuticals XXX XXX XXX XXX XXX XXX
CurveBeam AI XXX XXX XXX XXX XXX XXX
Cyclopharm XXX XXX XXX XXX XXX XXX
Healius XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX

Valuation data powered by FactSet, Inc.

Exagen M&A and Investment Activity

Exagen acquired  XXX companies to date.

Last acquisition by Exagen was  XXXXXXXX, XXXXX XXXXX XXXXXX . Exagen acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by Exagen

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Sign Up

About Exagen

When was Exagen founded? Exagen was founded in 2002.
Where is Exagen headquartered? Exagen is headquartered in United States of America.
How many employees does Exagen have? As of today, Exagen has 209 employees.
Who is the CEO of Exagen? Exagen's CEO is Mr. John Aballi.
Is Exagen publicy listed? Yes, Exagen is a public company listed on NAS.
What is the stock symbol of Exagen? Exagen trades under XGN ticker.
When did Exagen go public? Exagen went public in 2019.
Who are competitors of Exagen? Similar companies to Exagen include e.g. Australian Clinical Labs, Clarity Pharmaceuticals, CurveBeam AI, Cyclopharm.
What is the current market cap of Exagen? Exagen's current market cap is $82.3M
What is the current revenue of Exagen? Exagen's last 12-month revenue is $58.2M.
What is the current EBITDA of Exagen? Exagen's last 12-month EBITDA is -$8.7M.
What is the current EV/Revenue multiple of Exagen? Current revenue multiple of Exagen is 1.4x.
What is the current EV/EBITDA multiple of Exagen? Current EBITDA multiple of Exagen is -9.6x.
What is the current revenue growth of Exagen? Exagen revenue growth between 2023 and 2024 was 6%.
Is Exagen profitable? Yes, Exagen is EBITDA-positive (as of the last 12 months).

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.