Financial Snapshot

Revenue
$3.496M
TTM
Gross Margin
30.7%
TTM
Net Earnings
-$37.33M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
6.97%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$9.970M
Q3 2024
Cash
Q3 2024
P/E
-0.4255
Dec 04, 2024 EST
Free Cash Flow
-$19.15M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $2.842M $6.700M $4.100M $0.00
YoY Change -57.59%

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
Revenue $2.842M $6.700M $4.100M $0.00
Cost Of Revenue $2.281M $4.136M $0.00
Gross Profit $560.4K $2.586M $0.00
Gross Profit Margin 19.72% 38.6%

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
Selling, General & Admin $18.33M $7.988M $4.976M $2.436M $1.803M
YoY Change 129.52% 60.55% 104.26% 35.1%
% of Gross Profit 3271.9% 308.86%
Research & Development $7.676M $9.338M $8.174M $7.255M $5.391M
YoY Change -17.8% 14.25% 12.66% 34.59%
% of Gross Profit 1369.89% 361.06%
Depreciation & Amortization $1.135M $717.9K $543.6K $572.9K $421.8K
YoY Change 58.14% 32.06% -5.11% 35.81%
% of Gross Profit 202.58% 27.76%
Operating Expenses $26.28M $17.67M $13.37M $9.924M $7.365M
YoY Change 48.75% 32.15% 34.7% 34.74%
Operating Profit -$25.72M -$15.08M -$13.37M -$5.825M
YoY Change 70.55% 12.8% 129.51%

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
Interest Expense -$283.0K $126.7K -$61.95K $22.32K $72.35K
YoY Change -323.46% -304.46% -377.55% -69.15%
% of Operating Profit
Other Income/Expense, Net $1.006M $304.7K
YoY Change 230.09%

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
Pretax Income -$24.99M -$14.90M -$12.86M -$5.802M -$7.293M
YoY Change 67.74% 15.85% 121.68% -20.44%
Income Tax $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$24.99M -$14.90M -$12.86M -$5.802M -$7.293M
YoY Change 67.74% 15.85% 121.68% -20.44%
Net Earnings / Revenue -879.53% -222.4% -141.53%
Basic Earnings Per Share -$0.70 -$0.42 -$0.69
Diluted Earnings Per Share -$0.70 -$0.42 -$685.2K -$162.8K -$204.6K

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
Cash & Short-Term Investments $3.595M $32.06M $36.71M $8.456M $7.356M
YoY Change -88.79% -12.67% 334.19% 14.95%
Cash & Equivalents $3.595M $22.33M $11.73M $8.456M $7.356M
Short-Term Investments $0.00 $9.736M $24.98M
Other Short-Term Assets $1.273M $1.591M $3.633M $1.193M $674.3K
YoY Change -19.96% -56.21% 204.58% 76.89%
Inventory
Prepaid Expenses
Receivables $1.536M $417.7K $133.0K $2.500M $0.00
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $6.404M $34.07M $40.48M $12.15M $8.030M
YoY Change -81.2% -15.83% 233.21% 51.29%
Property, Plant & Equipment $20.45M $10.80M $1.119M $1.615M $2.002M
YoY Change 89.3% 865.48% -30.72% -19.29%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.600M $1.600M $11.52M $1.600M $0.00
YoY Change 0.0% -86.12% 620.24%
Other Assets $56.54K $333.9K $393.3K $34.24K $34.24K
YoY Change -83.07% -15.11% 1048.71% 0.0%
Total Long-Term Assets $22.11M $12.74M $13.03M $3.249M $2.036M
YoY Change 73.57% -2.27% 301.13% 59.61%
Total Assets $28.51M $46.81M $53.51M $15.40M $10.07M
YoY Change
Accounts Payable $6.167M $1.226M $223.7K $155.3K $392.3K
YoY Change 402.97% 448.22% 43.98% -60.41%
Accrued Expenses $2.580M $1.730M $2.098M $845.7K $673.8K
YoY Change 49.13% -17.52% 148.06% 25.52%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $8.748M $2.956M $2.322M $1.001M $1.066M
YoY Change 195.88% 27.35% 131.91% -6.1%
Long-Term Debt $6.304M $6.410M $0.00 $0.00 $0.00
YoY Change -1.65%
Other Long-Term Liabilities $0.00 $14.28K
YoY Change -100.0%
Total Long-Term Liabilities $6.304M $6.424M $0.00 $0.00 $0.00
YoY Change -1.87%
Total Liabilities $15.05M $9.381M $2.322M $1.001M $1.066M
YoY Change 60.46% 304.06% 131.91% -6.1%

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
Basic Shares Outstanding 35.93M 35.82M 18.77M
Diluted Shares Outstanding 35.93M 35.82M 18.77M
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: $15.886 Million

About HCW Biologics Inc.

HCW Biologics Inc. is a biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen health span by disrupting the link between chronic, low-grade inflammation, and age-related diseases. The company is headquartered in Miramar, Florida and currently employs 45 full-time employees. The company went IPO on 2021-07-20. The company is focused on discovering and developing novel immunotherapies to lengthen health span by disrupting the link between chronic, low-grade inflammation, and age-related diseases, such as cancer, cardiovascular diseases, diabetes, neurodegenerative diseases, autoimmune diseases, as well as other conditions such as long-haul COVID-19. The company has developed a Tissue factOr-Based fusion (TOBI) discovery platform to generate designer, novel multi-functional fusion molecules with immunotherapeutic properties. Its lead product candidates include HCW9218 and HCW9302. HCW9218 is a bifunctional immunotherapeutic designed with the capabilities to neutralize transforming growth factor-β and stimulate immune cells, targeting senescent cells and the SASP factors they secrete. HCW9302 is designed to activate and expand regulatory T cells, which deactivate inflammasomes. Its other product candidates include HCW9201, HCW9206, and others.

Industry: Pharmaceutical Preparations Peers: Axcella Health Inc. Fortress Biotech, Inc. LEAP THERAPEUTICS, INC. PDS Biotechnology Corp Climb Bio, Inc. Q32 Bio Inc. Longeveron Inc. PALVELLA THERAPEUTICS, INC. SPECTRUM PHARMACEUTICALS INC