Financial Snapshot

Revenue
$1.000M
TTM
Gross Margin
Net Earnings
-$94.11M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
582.42%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$144.1M
Q3 2024
Cash
Q3 2024
P/E
-1.326
Nov 29, 2024 EST
Free Cash Flow
-$86.06M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $3.600M $0.00 $7.500M $0.00 $250.0K $1.612M $1.849M $1.460M $2.319M $572.0K $480.0K $30.00K
YoY Change -100.0% -100.0% -84.49% -12.82% 26.64% -37.04% 305.42% 19.17% 1500.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Revenue $3.600M $0.00 $7.500M $0.00 $250.0K $1.612M $1.849M $1.460M $2.319M $572.0K $480.0K $30.00K
Cost Of Revenue $100.0K $500.0K
Gross Profit $1.512M $1.349M
Gross Profit Margin 93.8% 72.96%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Selling, General & Admin $49.72M $55.76M $63.34M $44.64M $28.38M $24.56M $20.86M $24.36M $22.11M $8.000M $1.780M $540.0K
YoY Change -10.84% -11.97% 41.89% 57.29% 15.55% 17.74% -14.37% 10.18% 176.38% 349.44% 229.63%
% of Gross Profit 1624.34% 1546.33%
Research & Development $77.68M $99.28M $89.18M $73.31M $40.42M $50.13M $60.00K $8.000K $25.46M $16.98M $2.151M $1.310M
YoY Change -21.76% 11.32% 21.65% 81.37% -19.38% 83455.0% 650.0% -99.97% 49.99% 689.21% 64.2%
% of Gross Profit 3315.67% 4.45%
Depreciation & Amortization $5.644M $6.528M $4.645M $4.160M $1.570M $1.750M $2.100M $1.600M $810.0K $162.0K $26.00K $1.000K
YoY Change -13.54% 40.54% 11.66% 164.97% -10.29% -16.67% 31.25% 97.53% 400.0% 523.08% 2500.0%
% of Gross Profit 115.74% 155.67%
Operating Expenses $127.4M $157.1M $153.6M $118.0M $68.80M $79.69M $60.00K $8.000K $50.14M $24.97M $3.934M $1.846M
YoY Change -18.93% 2.29% 30.24% 71.45% -13.67% 132721.67% 650.0% -99.98% 100.78% 534.82% 113.11%
Operating Profit -$124.0M -$157.1M -$146.1M -$118.0M -$68.55M -$78.08M -$58.85M -$47.82M -$24.40M -$3.454M -$1.816M
YoY Change -21.09% 7.54% 23.88% 72.08% -12.21% 32.68% 95.98% 606.49% 90.2%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Interest Expense $0.00 $0.00 $18.00K $73.00K $8.000K
YoY Change -100.0% -75.34% 812.5%
% of Operating Profit
Other Income/Expense, Net $5.748M $2.673M $582.0K $1.557M $4.059M $4.204M $2.700M $762.0K $370.0K -$1.002M -$1.822M $5.000K
YoY Change 115.04% 359.28% -62.62% -61.64% -3.45% 55.7% 254.33% 105.95% -136.93% -45.01% -36540.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Pretax Income -$118.2M -$154.5M -$145.5M -$116.4M -$64.49M -$73.88M -$56.15M -$114.5M -$47.45M -$25.40M -$5.276M -$1.051M
YoY Change -23.45% 6.13% 25.04% 80.49% -12.71% 31.58% -50.97% 141.34% 86.79% 381.5% 402.0%
Income Tax -$1.078M $74.00K $0.00 $1.114M $0.00 -$1.250M $0.00 -$775.0K $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$117.2M -$154.5M -$145.5M -$117.5M -$64.49M -$72.63M -$56.15M -$113.7M -$47.45M -$25.40M -$5.276M -$1.811M
YoY Change -24.18% 6.18% 23.86% 82.22% -11.21% 29.35% -50.64% 139.7% 86.79% 381.5% 191.33%
Net Earnings / Revenue -3254.58% -1940.53% -25794.4% -4505.4% -3036.61% -7790.89% -2046.27% -4441.26% -1099.17% -6036.67%
Basic Earnings Per Share -$1.16 -$1.56 -$1.48 -$1.38
Diluted Earnings Per Share -$1.16 -$1.56 -$1.48 -$1.38 -$1.006M -$1.183M -$1.286M -$3.138M -$1.862M -$2.180M -$247.2K -$84.74K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Cash & Short-Term Investments $96.53M $185.6M $305.2M $429.7M $166.0M $205.1M $190.5M $222.2M $259.1M $159.4M $600.0K $400.0K
YoY Change -47.99% -39.19% -28.98% 158.86% -19.06% 7.66% -14.27% -14.24% 62.55% 26466.67% 50.0%
Cash & Equivalents $75.00M $68.43M $34.20M $62.40M $65.90M $154.9M $70.50M $222.2M $221.3M $159.4M $600.0K $400.0K
Short-Term Investments $21.53M $117.2M $271.0M $367.3M $100.1M $50.10M $120.0M $37.70M
Other Short-Term Assets $6.247M $5.006M $6.248M $4.700M $9.800M $3.700M $3.300M $2.200M $1.500M $900.0K $300.0K $0.00
YoY Change 24.79% -19.88% 32.94% -52.04% 164.86% 12.12% 50.0% 46.67% 66.67% 200.0%
Inventory
Prepaid Expenses
Receivables $0.00 $0.00 $0.00
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $102.8M $190.6M $317.1M $434.4M $175.9M $208.8M $193.7M $225.3M $261.0M $160.3M $800.0K $400.0K
YoY Change -46.08% -39.9% -26.99% 146.96% -15.76% 7.8% -14.03% -13.68% 62.82% 19937.5% 100.0%
Property, Plant & Equipment $67.03M $113.9M $119.1M $47.10M $45.80M $3.600M $3.000M $4.200M $3.200M $1.100M $100.0K $0.00
YoY Change -41.13% -4.37% 152.78% 2.84% 1172.22% 20.0% -28.57% 31.25% 190.91% 1000.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.207M $3.916M $2.753M $1.000M $1.000M $1.200M $100.0K $100.0K $100.0K $500.0K $200.0K $0.00
YoY Change -18.11% 42.24% 175.3% 0.0% -16.67% 1100.0% 0.0% 0.0% -80.0% 150.0%
Total Long-Term Assets $70.24M $117.8M $122.6M $48.20M $46.80M $4.700M $8.200M $9.300M $3.300M $1.600M $300.0K $0.00
YoY Change -40.36% -3.92% 154.32% 2.99% 895.74% -42.68% -11.83% 181.82% 106.25% 433.33%
Total Assets $173.0M $308.4M $439.7M $482.6M $222.7M $213.5M $201.9M $234.6M $264.3M $161.9M $1.100M $400.0K
YoY Change
Accounts Payable $1.921M $2.238M $1.387M $2.800M $4.100M $1.700M $1.700M $1.500M $600.0K $1.000M $800.0K $500.0K
YoY Change -14.16% 61.36% -50.46% -31.71% 141.18% 0.0% 13.33% 150.0% -40.0% 25.0% 60.0%
Accrued Expenses $22.89M $29.75M $18.62M $18.10M $15.30M $8.800M $7.000M $6.500M $4.000M $3.700M $400.0K $300.0K
YoY Change -23.06% 59.84% 2.85% 18.3% 73.86% 25.71% 7.69% 62.5% 8.11% 825.0% 33.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $24.91M $32.25M $21.32M $20.90M $19.40M $10.70M $10.70M $9.900M $6.600M $5.500M $1.200M $800.0K
YoY Change -22.74% 51.25% 2.01% 7.73% 81.31% 0.0% 8.08% 50.0% 20.0% 358.33% 50.0%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $100.0K $500.0K
YoY Change -100.0% -80.0%
Other Long-Term Liabilities $64.63M $94.61M $102.2M $27.30M $28.40M $1.600M $6.000M $7.800M $5.200M $7.000M $100.0K $0.00
YoY Change -31.69% -7.45% 274.44% -3.87% 1675.0% -73.33% -23.08% 50.0% -25.71% 6900.0%
Total Long-Term Liabilities $64.63M $94.61M $102.2M $27.30M $28.40M $1.600M $6.000M $7.800M $5.200M $7.000M $200.0K $500.0K
YoY Change -31.69% -7.45% 274.44% -3.87% 1675.0% -73.33% -23.08% 50.0% -25.71% 3400.0% -60.0%
Total Liabilities $89.54M $126.9M $123.5M $48.20M $47.80M $12.30M $17.90M $19.00M $11.70M $12.40M $1.300M $1.400M
YoY Change -29.41% 2.68% 156.31% 0.84% 288.62% -31.28% -5.79% 62.39% -5.65% 853.85% -7.14%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Basic Shares Outstanding 100.8M shares 99.25M shares 98.04M shares 85.15M shares
Diluted Shares Outstanding 100.8M shares 99.25M shares 98.04M shares 85.15M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $124.81 Million

About Adverum Biotechnologies, Inc.

Adverum Biotechnologies Inc is a US-based company operating in Biotechnology industry. The company is headquartered in Redwood City, California and currently employs 121 full-time employees. The company went IPO on 2014-07-31. Adverum Biotechnologies, Inc. is a clinical-stage gene therapy company. The firm discovers and develops gene therapy product candidates that provides durable efficacy by inducing sustained expression of a therapeutic protein. Its lead product candidate, ixoberogene soroparvovec (Ixo-vec), is a single, in-office intravitreal (IVT) injection gene therapy product designed to deliver long-term durable levels of aflibercept associated with a sustained treatment response, reducing the treatment burden and fluctuations in macular fluid associated with frequent anti-vascular endothelial growth factor (VEGF) IVT injections. Ixo-vec is being developed for the treatment of patients with wet age-related macular degeneration. Its second product candidate, ADVM-062 (AAV.7m8-L-opsin), is a gene therapy product candidate being developed to treat patients suffering from blue cone monochromacy (BCM) via a single IVT injection. The company also developing an early-stage pipeline of gene therapy programs.

Industry: Biological Products, (No Diagnostic Substances) Peers: BIOXYTRAN, INC ELUTIA INC. Checkpoint Therapeutics, Inc. CytomX Therapeutics, Inc. LEAP THERAPEUTICS, INC. Climb Bio, Inc. GALECTIN THERAPEUTICS INC Q32 Bio Inc. IMMUNIC, INC.