Financial Snapshot

Revenue
$55.28M
TTM
Gross Margin
Net Earnings
-$160.7M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
351.91%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$150.6M
Q2 2024
Cash
Q2 2024
P/E
-3.416
Sep 17, 2024 EST
Free Cash Flow
-$217.7M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $97.06M $133.6M $207.1M $21.10M $21.22M $27.68M $3.735M $420.0K
YoY Change -27.36% -35.48% 881.54% -0.57% -23.33% 641.02% 789.29%

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
Revenue $97.06M $133.6M $207.1M $21.10M $21.22M $27.68M $3.735M $420.0K
Cost Of Revenue
Gross Profit
Gross Profit Margin

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
Selling, General & Admin $56.69M $61.03M $55.04M $59.40M $35.10M $11.93M $6.500M $1.870M
YoY Change -7.12% 10.89% -7.34% 69.23% 194.22% 83.54% 247.59%
% of Gross Profit
Research & Development $192.1M $210.4M $189.4M $156.9M $100.5M $73.03M $29.91M $13.67M
YoY Change -8.7% 11.09% 20.74% 56.05% 37.65% 144.16% 118.81%
% of Gross Profit
Depreciation & Amortization $5.725M $5.714M $6.329M $5.900M $3.800M $1.000M $700.0K $200.0K
YoY Change 0.19% -9.72% 7.27% 55.26% 280.0% 42.86% 250.0%
% of Gross Profit
Operating Expenses $248.8M $271.5M $244.4M $216.3M $135.6M $73.03M $36.41M $15.55M
YoY Change -8.34% 11.05% 13.03% 59.47% 85.71% 100.56% 134.17%
Operating Profit -$151.7M -$137.8M -$37.36M -$195.2M -$114.4M -$57.29M
YoY Change 10.09% 268.93% -80.86% 70.6% 99.7%

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
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $26.56M $7.778M $1.031M $4.946M $9.019M $5.040M $200.0K $20.00K
YoY Change 241.49% 654.41% -79.15% -45.16% 78.95% 2420.0% 900.0%

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
Pretax Income -$125.2M -$130.1M -$36.33M -$190.2M -$105.4M -$52.25M -$32.48M -$15.11M
YoY Change -3.75% 257.99% -80.9% 80.5% 101.7% 60.87% 114.96%
Income Tax $5.212M $3.254M $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$130.4M -$133.3M -$36.33M -$190.2M -$105.4M -$52.25M -$32.48M -$15.11M
YoY Change -2.19% 266.95% -80.9% 80.51% 101.7% 60.86% 114.96%
Net Earnings / Revenue -134.34% -99.77% -17.54% -901.64% -496.65% -188.78% -869.61% -3597.62%
Basic Earnings Per Share -$1.56 -$1.62 -$0.45 -$2.45
Diluted Earnings Per Share -$1.56 -$1.62 -$451.8K -$2.446M -$1.707M -$758.7K -$475.1K -$221.0K

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
Cash & Short-Term Investments $548.9M $712.9M $735.3M $413.3M $353.1M $290.4M $32.50M $50.80M
YoY Change -23.0% -3.05% 77.9% 17.05% 21.59% 793.54% -36.02%
Cash & Equivalents $74.56M $154.3M $329.2M $50.00M $89.60M $65.50M $32.50M $50.80M
Short-Term Investments $474.3M $558.5M $406.1M $363.3M $263.4M $224.9M
Other Short-Term Assets $16.95M $11.00M $7.071M $8.200M $4.400M $2.800M $300.0K $100.0K
YoY Change 54.1% 55.52% -13.77% 86.36% 57.14% 833.33% 200.0%
Inventory
Prepaid Expenses
Receivables $0.00 $2.587M $7.391M $0.00 $200.2M $200.0K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $565.8M $726.4M $749.7M $421.5M $357.4M $293.2M $233.0M $51.20M
YoY Change -22.11% -3.1% 77.87% 17.94% 21.9% 25.84% 355.08%
Property, Plant & Equipment $47.06M $53.33M $57.90M $62.70M $62.30M $10.90M $2.800M $2.500M
YoY Change -11.77% -7.89% -7.66% 0.64% 471.56% 289.29% 12.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $8.964M $7.881M $7.046M $4.100M $2.100M $4.200M $300.0K $400.0K
YoY Change 13.74% 11.85% 71.85% 95.24% -50.0% 1300.0% -25.0%
Total Long-Term Assets $56.02M $61.21M $64.95M $66.80M $64.50M $15.20M $3.100M $2.900M
YoY Change -8.48% -5.75% -2.78% 3.57% 324.34% 390.32% 6.9%
Total Assets $621.8M $787.6M $814.7M $488.3M $421.9M $308.4M $236.1M $54.10M
YoY Change
Accounts Payable $3.775M $4.189M $4.749M $3.000M $300.0K $100.0K $1.100M $1.200M
YoY Change -9.88% -11.79% 58.3% 900.0% 200.0% -90.91% -8.33%
Accrued Expenses $44.06M $41.39M $44.00M $41.20M $31.50M $12.90M $7.300M $400.0K
YoY Change 6.44% -5.94% 6.8% 30.79% 144.19% 76.71% 1725.0%
Deferred Revenue
YoY Change
Short-Term Debt $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 $177.9M $93.81M $139.6M $68.10M $62.00M $47.90M $27.40M $1.500M
YoY Change 89.69% -32.78% 104.93% 9.84% 29.44% 74.82% 1726.67%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $309.7M $479.4M $374.4M $152.6M $165.2M $147.3M $183.2M $0.00
YoY Change -35.39% 28.05% 145.33% -7.63% 12.15% -19.6%
Total Long-Term Liabilities $309.7M $479.4M $374.4M $152.6M $165.2M $147.3M $183.2M $0.00
YoY Change -35.39% 28.05% 145.33% -7.63% 12.15% -19.6%
Total Liabilities $487.7M $573.2M $513.9M $220.7M $227.2M $195.2M $210.6M $1.500M
YoY Change -14.92% 11.53% 132.87% -2.86% 16.39% -7.31% 13940.0%

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
Basic Shares Outstanding 83.73M 82.47M 80.42M 77.76M
Diluted Shares Outstanding 83.73M 82.47M 80.42M 77.76M
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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Dividends

Dividends

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Stock Price

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Market Cap: $548.89 Million

About Alector Inc

Alector, Inc. operates as a clinical-stage biopharmaceutical company, which engages in pioneering of immuno-neurology. The company is headquartered in South San Francisco, California and currently employs 244 full-time employees. The company went IPO on 2019-02-07. The firm is focused on immuno-neurology, a novel therapeutic approach for the treatment of neurodegeneration diseases. The firm is engaged in developing therapies designed to counteract these pathologies simultaneously by restoring healthy immune function to the brain. Its research and drug discovery platform leverages human genetic datasets, advanced tools in bioinformatics and imaging, and insights in neurodegeneration and immunology to identify immune system. Its product candidates: latozinemab (AL001), AL002, and AL101, are in clinical development. Its immune-neurology product candidates are supported by biomarkers and seek to treat indications, including Alzheimer’s disease and genetically defined frontotemporal dementia patient populations. Its first product candidate, latozinemab, is a human recombinant monoclonal antibody that increases the levels of progranulin (PGRN) in the brains of FTD-GRN patients.

Industry: Biological Products, (No Diagnostic Substances) Peers: AnaptysBio Inc Anavex Life Sciences Corp CTI BIOPHARMA CORP Dyne Therapeutics Inc RAPT Therapeutics Inc INTERCEPT PHARMACEUTICALS, INC. Iteos Therapeutics Inc Sorrento Therapeutics Inc Y-mAbs Therapeutics Inc