Financial Snapshot

Revenue
$2.918M
TTM
Gross Margin
Net Earnings
-$219.8M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
522.32%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$78.95M
Q3 2024
Cash
Q3 2024
P/E
-2.678
Nov 29, 2024 EST
Free Cash Flow
-$172.6M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $2.130M $1.069M $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 99.25%

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
Revenue $2.130M $1.069M $0.00 $0.00 $0.00 $0.00 $0.00
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
Selling, General & Admin $50.07M $49.74M $38.30M $18.25M $9.240M $3.830M $2.510M
YoY Change 0.68% 29.87% 109.85% 97.51% 141.25% 52.59%
% of Gross Profit
Research & Development $215.5M $179.3M $127.0M $65.03M $35.26M $18.96M $8.639M
YoY Change 20.21% 41.14% 95.33% 84.45% 85.94% 119.49%
% of Gross Profit
Depreciation & Amortization $8.300M $6.100M $4.500M $1.000M $600.0K $278.0K $161.0K
YoY Change 36.07% 35.56% 350.0% 66.67% 115.83% 72.67%
% of Gross Profit
Operating Expenses $265.6M $229.0M $165.3M $83.28M $44.50M $22.79M $11.15M
YoY Change 15.97% 38.53% 98.51% 87.15% 95.24% 104.46%
Operating Profit -$263.5M -$228.0M -$165.3M -$83.28M -$44.50M -$22.79M -$11.15M
YoY Change 15.58% 37.89% 98.51% 87.15% 95.24% 104.46%

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
Interest Expense $17.74M $7.035M $159.0K $1.925M
YoY Change 152.21% 4324.53% -91.74%
% of Operating Profit
Other Income/Expense, Net $17.72M $6.854M $159.0K $1.925M $1.365M $80.00K $93.00K
YoY Change 158.58% 4210.69% -91.74% 41.03% 1606.25% -13.98%

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
Pretax Income -$245.7M -$221.1M -$165.2M -$81.36M -$43.13M -$22.71M -$11.05M
YoY Change 11.14% 33.87% 103.0% 88.64% 89.92% 105.52%
Income Tax $678.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$246.4M -$221.1M -$165.2M -$81.36M -$43.13M -$22.71M -$11.05M
YoY Change 11.45% 33.87% 103.02% 88.61% 89.92% 105.46%
Net Earnings / Revenue -11568.83% -20683.07%
Basic Earnings Per Share -$4.71 -$5.32 -$4.93 -$2.65
Diluted Earnings Per Share -$4.71 -$5.32 -$4.933M -$2.646M -$1.415M -$786.1K -$382.5K

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
Cash & Short-Term Investments $337.7M $427.2M $229.5M $366.3M $224.6M $1.900M $400.0K
YoY Change -20.95% 86.09% -37.33% 63.09% 11721.05% 375.0%
Cash & Equivalents $112.5M $121.2M $133.3M $241.1M $35.90M $1.900M $400.0K
Short-Term Investments $225.2M $305.9M $96.21M $125.2M $188.7M
Other Short-Term Assets $9.920M $11.26M $11.21M $7.000M $6.400M $500.0K $200.0K
YoY Change -11.89% 0.48% 60.07% 9.38% 1180.0% 150.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $347.6M $438.4M $240.7M $373.3M $231.1M $2.400M $700.0K
YoY Change -20.72% 82.11% -35.51% 61.53% 9529.17% 242.86%
Property, Plant & Equipment $74.01M $73.08M $56.34M $34.80M $18.00M $1.500M $700.0K
YoY Change 1.27% 29.69% 61.91% 93.33% 1100.0% 114.29%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $12.00M
YoY Change
Other Assets $1.809M $2.003M $1.036M $500.0K $300.0K $100.0K $100.0K
YoY Change -9.69% 93.34% 107.2% 66.67% 200.0% 0.0%
Total Long-Term Assets $75.81M $75.08M $57.38M $35.30M $30.30M $1.600M $700.0K
YoY Change 0.98% 30.84% 62.55% 16.5% 1793.75% 128.57%
Total Assets $423.4M $513.5M $298.1M $408.6M $261.4M $4.000M $1.400M
YoY Change
Accounts Payable $1.326M $2.512M $5.584M $7.900M $3.100M $200.0K $200.0K
YoY Change -47.21% -55.01% -29.32% 154.84% 1450.0% 0.0%
Accrued Expenses $37.38M $39.44M $22.20M $9.300M $5.800M $3.600M $500.0K
YoY Change -5.22% 77.68% 138.67% 60.34% 61.11% 620.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $5.000M $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $42.48M $44.69M $27.78M $17.20M $8.900M $8.900M $1.000M
YoY Change -4.93% 60.85% 61.51% 93.26% 0.0% 790.0%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $177.7M $181.6M $25.44M $9.600M $12.20M $0.00 $100.0K
YoY Change -2.12% 613.67% 164.99% -21.31% -100.0%
Total Long-Term Liabilities $177.7M $181.6M $25.44M $9.600M $12.20M $0.00 $100.0K
YoY Change -2.12% 613.67% 164.99% -21.31% -100.0%
Total Liabilities $220.2M $226.2M $53.22M $26.80M $21.10M $8.900M $1.100M
YoY Change -2.68% 325.1% 98.58% 27.01% 137.08% 709.09%

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
Basic Shares Outstanding 52.31M 41.54M 33.48M 30.75M
Diluted Shares Outstanding 52.31M 41.54M 33.48M 30.75M
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: $588.7 Million

About IGM Biosciences, Inc.

IGM Biosciences, Inc. operates as a biotechnology company, which develops antibodies for the treatment of cancer. The company is headquartered in Mountain View, California and currently employs 198 full-time employees. The company went IPO on 2019-09-18. The firm is engaged in developing and delivering a new class of medicines to treat patients with cancer and autoimmune and inflammatory diseases. The Company’s pipeline of clinical and preclinical assets is based on the IgM antibody, which has 10 binding sites compared to conventional IgG antibodies with only two binding sites. The company is also focused on creating, developing, manufacturing, and commercializing IgM antibody agonists against oncology and immunology and inflammation targets. The Company’s development programs include Aplitabart, Imvotamab, and IGM-2644. Aplitabart is an IgM antibody targeting Death Receptor 5 (DR5) proteins, being evaluated in multiple phase I combination trials for the treatment of colorectal cancer. Imvotamab is a bispecific T cell engaging IgM antibody targeting CD20 and CD3 proteins. IGM-2644 is a bispecific T cell engaging IgM antibody targeting CD38 and CD3 proteins.

Industry: Pharmaceutical Preparations Peers: Arcellx, Inc. TG THERAPEUTICS, INC. Design Therapeutics, Inc. Editas Medicine, Inc. ROCKET PHARMACEUTICALS, INC. MANNKIND CORP Mirum Pharmaceuticals, Inc. Nuvalent, Inc. Replimune Group, Inc.