Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$101.6M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
1122.58%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$179.6M
Q3 2024
Cash
Q3 2024
P/E
-3.560
Nov 29, 2024 EST
Free Cash Flow
-$116.7M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017
Revenue $0.00 $0.00 $14.07M $36.98M $28.95M $0.00 $0.00
YoY Change -100.0% -61.96% 27.76%

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 $0.00 $0.00 $14.07M $36.98M $28.95M $0.00 $0.00
Cost Of Revenue $16.00M
Gross Profit $12.95M
Gross Profit Margin 44.74%

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 $27.28M $33.58M $37.18M $27.12M $14.84M $7.060M $4.340M
YoY Change -18.76% -9.66% 37.08% 82.75% 110.2% 62.67%
% of Gross Profit 114.59%
Research & Development $57.25M $49.42M $60.92M $37.42M $18.78M $11.88M $11.97M
YoY Change 15.85% -18.88% 62.83% 99.19% 58.11% -0.72%
% of Gross Profit 145.05%
Depreciation & Amortization $3.630M $2.766M $2.775M $1.146M $813.0K $654.0K $531.0K
YoY Change 31.24% -0.32% 142.15% 40.96% 24.31% 23.16%
% of Gross Profit 6.28%
Operating Expenses $84.53M $83.00M $98.10M $64.53M $49.62M $18.94M $16.31M
YoY Change 1.85% -15.39% 52.01% 30.05% 161.94% 16.18%
Operating Profit -$84.53M -$83.00M -$84.03M -$27.55M -$20.68M -$18.94M -$16.31M
YoY Change 1.85% -1.22% 205.01% 33.25% 9.14% 16.18%

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 $961.0K $764.0K $0.00 $1.930M $50.00K -$180.0K
YoY Change 25.79% -100.0% 3760.0% -127.78%
% of Operating Profit
Other Income/Expense, Net $3.389M $1.056M -$266.0K
YoY Change 220.93% -496.99%

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 -$81.15M -$81.58M -$84.67M -$26.48M -$18.75M -$19.17M -$20.24M
YoY Change -0.54% -3.65% 219.8% 41.24% -2.21% -5.29%
Income Tax $27.00K -$2.000K $15.00K $35.00K $0.00
% Of Pretax Income
Net Earnings -$81.17M -$81.58M -$84.69M -$26.51M -$18.75M -$19.17M -$20.24M
YoY Change -0.5% -3.67% 219.44% 41.42% -2.2% -5.28%
Net Earnings / Revenue -601.98% -71.68% -64.76%
Basic Earnings Per Share -$53.08 -$227.40
Diluted Earnings Per Share -$53.08 -$2.33 -$2.465M -$822.0K -$601.9K -$615.4K -$649.8K

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 $166.2M $83.10M $130.7M $220.3M $217.4M $42.20M $17.90M
YoY Change 99.95% -36.42% -40.67% 1.33% 415.17% 135.75%
Cash & Equivalents $166.2M $51.95M $79.64M $220.3M $200.2M $42.20M $17.90M
Short-Term Investments $0.00 $31.14M $51.07M $17.20M
Other Short-Term Assets $6.578M $3.947M $3.897M $4.400M $3.200M $600.0K $0.00
YoY Change 66.66% 1.28% -11.43% 37.5% 433.33%
Inventory
Prepaid Expenses
Receivables $449.0K $144.0K $300.0K $800.0K $200.0K $0.00
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $172.7M $87.49M $134.7M $225.1M $221.4M $42.90M $18.00M
YoY Change 97.42% -35.07% -40.14% 1.67% 416.08% 138.33%
Property, Plant & Equipment $42.82M $31.72M $36.87M $37.80M $1.800M $1.500M $1.700M
YoY Change 34.98% -13.98% -2.46% 2000.0% 20.0% -11.76%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $11.72M
YoY Change -100.0%
Other Assets $6.120M $2.026M $2.019M $1.800M $100.0K $100.0K $100.0K
YoY Change 202.07% 0.35% 12.17% 1700.0% 0.0% 0.0%
Total Long-Term Assets $48.94M $33.75M $50.61M $39.60M $1.800M $1.600M $1.800M
YoY Change 45.01% -33.32% 27.8% 2100.0% 12.5% -11.11%
Total Assets $221.7M $121.2M $185.4M $264.7M $223.2M $44.50M $19.80M
YoY Change
Accounts Payable $7.280M $3.114M $2.748M $5.500M $1.200M $1.900M $1.000M
YoY Change 133.78% 13.32% -50.04% 358.33% -36.84% 90.0%
Accrued Expenses $11.81M $7.387M $7.729M $7.000M $3.200M $1.700M $1.100M
YoY Change 59.85% -4.42% 10.41% 118.75% 88.24% 54.55%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $10.00M $833.0K
YoY Change 1100.48%
Total Short-Term Liabilities $19.48M $21.03M $11.43M $26.60M $52.80M $3.800M $2.200M
YoY Change -7.34% 83.97% -57.03% -49.62% 1289.47% 72.73%
Long-Term Debt $0.00 $4.167M $14.17M $15.00M $0.00 $0.00 $0.00
YoY Change -100.0% -70.59% -5.55%
Other Long-Term Liabilities $32.27M $26.85M $28.94M $30.60M $3.100M $300.0K $500.0K
YoY Change 20.18% -7.22% -5.43% 887.1% 933.33% -40.0%
Total Long-Term Liabilities $32.27M $31.02M $43.11M $45.60M $3.100M $300.0K $500.0K
YoY Change 4.04% -28.04% -5.47% 1370.97% 933.33% -40.0%
Total Liabilities $51.75M $52.04M $54.53M $72.20M $55.90M $7.900M $2.700M
YoY Change -0.56% -4.57% -24.47% 29.16% 607.59% 192.59%

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 1.529M 255.2K
Diluted Shares Outstanding 1.529M 255.2K
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: $361.71 Million

About Korro Bio, Inc.

Korro Bio, Inc. is an RNA editing company, which engages in the discovery and development of genetic medicines. The company is headquartered in Cambridge, Massachusetts and currently employs 95 full-time employees. The company went IPO on 2019-10-03. The firm discovers, develops, and commercializes genetic medicines based on editing ribonucleic acid (RNA), enabling treatment of both rare and highly prevalent diseases. The firm is generating a portfolio of differentiated programs that are designed to harness the body’s natural RNA editing process to effect a precise yet transient single base edit. By editing RNA instead of DNA, it is expanding the reach of genetic medicines. Its Oligonucleotide Promoted Editing of RNA (OPERA) is a foundational platform for RNA editing, which is designed to edit RNA in vivo by delivering an oligonucleotide guide that can target specific RNA sequences. The Company’s first development candidate, KRRO-110, is in development as a potential treatment for Alpha-1 Antitrypsin Deficiency (AATD), that has the potential to be disease-modifying and provide a differentiated therapeutic option.

Industry: Pharmaceutical Preparations Peers: X4 Pharmaceuticals, Inc Zeo ScientifiX, Inc. Bolt Biotherapeutics, Inc. Cardiff Oncology, Inc. CURIS INC Equillium, Inc. SYNLOGIC, INC. Pyxis Oncology, Inc. SQZ Biotechnologies Co