Financial Snapshot

Revenue
$8.095M
TTM
Gross Margin
Net Earnings
-$73.09M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
161.14%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$11.54M
Q3 2024
Cash
Q3 2024
P/E
-0.7195
Nov 29, 2024 EST
Free Cash Flow
-$57.63M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $3.094M $2.073M $144.0K $0.00 $0.00
YoY Change 49.25% 1339.58%

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 $3.094M $2.073M $144.0K $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
Selling, General & Admin $37.49M $28.74M $18.31M $7.582M $5.408M
YoY Change 30.42% 56.97% 141.51% 40.2%
% of Gross Profit
Research & Development $65.87M $80.00M $47.87M $21.06M $11.93M
YoY Change -17.66% 67.13% 127.25% 76.54%
% of Gross Profit
Depreciation & Amortization $1.568M $1.600M $1.400M $1.100M $794.0K
YoY Change -2.0% 14.29% 27.27% 38.54%
% of Gross Profit
Operating Expenses $103.4M $104.8M $66.18M $28.65M $17.34M
YoY Change -1.42% 58.42% 131.02% 65.21%
Operating Profit -$100.3M -$102.8M -$66.03M -$28.65M
YoY Change -2.44% 55.63% 130.52%

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 $2.810M $222.0K $910.0K $777.0K -$595.0K
YoY Change 1165.77% -75.6% 17.12% -230.59%
% of Operating Profit
Other Income/Expense, Net $23.00K $65.00K -$2.248M -$802.0K -$11.00K
YoY Change -64.62% -102.89% 180.3% 7190.91%

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 -$97.43M -$102.7M -$68.28M -$29.45M -$17.95M
YoY Change -5.13% 50.41% 131.87% 64.1%
Income Tax $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$97.43M -$102.7M -$68.28M -$29.45M -$17.95M
YoY Change -5.13% 50.41% 131.87% 64.1%
Net Earnings / Revenue -3148.93% -4954.22% -47416.67%
Basic Earnings Per Share -$1.80 -$2.14 -$3.05
Diluted Earnings Per Share -$1.80 -$2.14 -$3.048M -$630.2K -$384.0K

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
Cash & Short-Term Investments $73.43M $124.7M $225.3M $22.95M $2.274M
YoY Change -41.11% -44.67% 881.77% 909.28%
Cash & Equivalents $68.44M $70.62M $186.5M $22.95M $2.274M
Short-Term Investments $4.986M $54.06M $38.85M
Other Short-Term Assets $9.469M $11.11M $3.438M $859.0K $375.0K
YoY Change -14.8% 223.27% 300.23% 129.07%
Inventory
Prepaid Expenses
Receivables $6.131M $618.0K $257.0K
Other Receivables $855.0K $1.180M $264.0K
Total Short-Term Assets $89.88M $137.6M $229.3M $24.00M $2.654M
YoY Change -34.67% -39.99% 855.24% 804.41%
Property, Plant & Equipment $114.0M $7.863M $3.605M $3.482M $2.833M
YoY Change 1350.43% 118.11% 3.53% 22.91%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $435.0K $545.0K $442.0K $598.0K $633.0K
YoY Change -20.18% 23.3% -26.09% -5.53%
Total Long-Term Assets $114.5M $8.408M $4.047M $4.080M $3.466M
YoY Change 1261.58% 107.76% -0.81% 17.71%
Total Assets $204.4M $146.0M $233.3M $28.08M $6.120M
YoY Change
Accounts Payable $1.620M $3.107M $2.109M $1.063M $917.0K
YoY Change -47.86% 47.32% 98.4% 15.92%
Accrued Expenses $18.59M $14.94M $8.975M $3.057M $1.087M
YoY Change 24.44% 66.42% 193.59% 181.23%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.000M $3.333M $0.00 $3.000M $0.00
YoY Change 20.01% -100.0%
Total Short-Term Liabilities $26.81M $21.96M $11.98M $7.699M $2.227M
YoY Change 22.05% 83.29% 55.64% 245.71%
Long-Term Debt $14.89M $16.60M $19.87M $8.732M $11.89M
YoY Change -10.35% -16.44% 127.54% -26.57%
Other Long-Term Liabilities $104.7M $1.460M $853.0K $1.055M $1.212M
YoY Change 7068.42% 71.16% -19.15% -12.95%
Total Long-Term Liabilities $119.5M $18.06M $20.72M $9.787M $13.10M
YoY Change 561.82% -12.83% 111.73% -25.31%
Total Liabilities $146.4M $40.03M $32.71M $17.49M $15.33M
YoY Change 265.63% 22.39% 87.04% 14.06%

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 54.01M 47.88M 22.40M
Diluted Shares Outstanding 54.01M 47.88M 22.40M
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: $52.592 Million

About Omega Therapeutics, Inc.

Omega Therapeutics, Inc. is a clinical-stage biotechnology company, which engages in the development of DNA-sequence-targeting and mRNA-encoded therapeutics. The company is headquartered in Cambridge, Massachusetts and currently employs 93 full-time employees. The company went IPO on 2021-07-30. The Company’s OMEGA platform has enabled it to identify and validate various DNA-sequence-based epigenomic, zip codes, associated with individual regulatory elements within Insulated Genomic Domains (IGDs). The firm designs and engineers its mRNA therapeutics, called epigenomic controllers, or ECs, to target EpiZips for precision epigenomic control. Its pipeline consists of programs that span oncology, regenerative medicine, and multigenic diseases including immunologic and cardiometabolic conditions. The Company’s precision epigenomic control delivered by the OMEGA platform has therapeutic applicability and transformational potential, spanning across oncology, multigenic diseases including immunologic and cardiometabolic conditions, and regenerative medicine.

Industry: Biological Products, (No Diagnostic Substances) Peers: Aldeyra Therapeutics, Inc. ALPINE IMMUNE SCIENCES, INC. MIMEDX GROUP, INC. Annexon, Inc. Arbutus Biopharma Corp Tango Therapeutics, Inc. Biomea Fusion, Inc. CONCERT PHARMACEUTICALS, INC. Tyra Biosciences, Inc.