Today I learned that Moderna (and maybe Pharma industry?) has better margins than Facebook.
Moderna grew at a rapid pace while maintaining these huge profit margins. Moderna’s revenue in Q1 2021 was 1.7B and Net come was 1.26B. (~73% profit margin)
Obviously COVID and more importantly Moderna’s ability to create one of the most effective vaccines helped with their (deserved) growth.
Moderna is risky in true sense of the word. They can go bankrupt if their product stops working or if there is no demand (no infectious disease).
But if the future is co-existence with COVID and inevitable high demand for effective vaccines all over the world, and potential requirement for boosters, Moderna is well positioned to continue developing and manufacturing their effective vaccine.