Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$52.04M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
407.04%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$61.26M
Q4 2024
Cash
Q4 2024
P/E
-0.8883
Nov 29, 2024 EST
Free Cash Flow
-$7.467M
TTM

Revenues

Revenues

Revenue YoY Change

No data

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change

Expenses

Cost Of Revenues

No data

Gross Profit

No data

Gross Profit Margin

No data

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018
Selling, General & Admin $41.58M $49.34M $60.06M $30.11M $6.950M $930.0K
YoY Change -15.73% -17.84% 99.46% 333.24% 647.31%
% of Gross Profit
Research & Development $40.18M $61.42M $86.05M $117.7M $81.79M $30.24M $12.54M
YoY Change -34.58% -28.63% -26.87% 43.88% 170.46% 141.15%
% of Gross Profit
Depreciation & Amortization $3.100M $3.700M $3.700M $1.543M $800.0K $130.0K $0.00
YoY Change -16.22% 0.0% 139.79% 92.88% 515.38%
% of Gross Profit
Operating Expenses $40.18M $61.42M $86.05M $117.7M $81.79M $37.19M $13.47M
YoY Change -34.58% -28.63% -26.87% 43.88% 119.92% 176.1%
Operating Profit -$70.40M -$108.4M -$138.4M -$185.7M -$112.9M
YoY Change -35.05% -21.68% -25.49% 64.5%

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018
Interest Expense $5.600M $2.269M $343.0K $670.0K $700.0K $0.00
YoY Change 146.8% 561.52% -48.81% -4.29%
% of Operating Profit
Other Income/Expense, Net $5.600M $6.300M $2.300M -$9.140M $700.0K
YoY Change -11.11% 173.91% -1405.71%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

No data

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

No data

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018
Pretax Income -$102.1M -$136.1M -$185.4M -$112.2M -$45.63M -$12.77M
YoY Change -25.02% -26.57% 65.18% 145.96% 257.32%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$64.77M -$102.1M -$136.1M -$185.4M -$112.2M -$45.63M -$12.77M
YoY Change -36.54% -25.02% -26.57% 65.18% 145.96% 257.32%
Net Earnings / Revenue
Basic Earnings Per Share -$1.07 -$1.86 -$2.50 -$3.48 -$2.91
Diluted Earnings Per Share -$1.07 -$1.86 -$2.50 -$3.48 -$2.91 -$1.158M -$324.1K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

No data

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

No data

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

No data

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $114.3M $189.6M $315.8M $304.8M $158.9M $24.90M
YoY Change -39.72% -39.95% 3.6% 91.82% 538.15%
Cash & Equivalents $21.71M $34.60M $129.0M $135.0M $158.9M $24.90M
Short-Term Investments $92.59M $155.0M $186.8M $169.8M
Other Short-Term Assets $3.665M $7.434M $9.293M $12.40M $6.900M $8.500M
YoY Change -50.7% -20.0% -25.06% 79.71% -18.82%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $118.0M $197.0M $325.1M $317.2M $165.8M $33.40M
YoY Change -40.14% -39.38% 2.48% 91.31% 396.41%
Property, Plant & Equipment $32.15M $42.24M $23.81M $2.800M $1.100M $0.00
YoY Change -23.88% 77.43% 750.21% 154.55%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $433.0K $4.267M $6.204M $8.000M $11.80M $0.00
YoY Change -89.85% -31.22% -22.45% -32.2%
Total Long-Term Assets $32.59M $46.51M $30.01M $10.80M $12.80M $100.0K
YoY Change -29.93% 54.97% 177.87% -15.63% 12700.0%
Total Assets $150.5M $243.5M $355.1M $328.0M $178.6M $33.50M
YoY Change
Accounts Payable $1.298M $4.065M $9.448M $5.300M $600.0K $200.0K
YoY Change -68.07% -56.98% 78.26% 783.33% 200.0%
Accrued Expenses $13.04M $14.20M $19.39M $15.40M $3.000M $100.0K
YoY Change -8.15% -26.76% 25.9% 413.33% 2900.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $16.34M $18.35M $29.50M $21.20M $3.700M $300.0K
YoY Change -10.95% -37.79% 39.14% 472.97% 1133.33%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $22.92M $23.83M $6.921M $2.100M $600.0K $2.200M
YoY Change -3.82% 244.34% 229.57% 250.0% -72.73%
Total Long-Term Liabilities $22.92M $23.83M $6.921M $2.100M $600.0K $2.200M
YoY Change -3.82% 244.34% 229.57% 250.0% -72.73%
Total Liabilities $39.26M $42.18M $36.42M $23.30M $4.300M $2.500M
YoY Change -6.92% 15.83% 56.3% 441.86% 72.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 60.41M 54.74M 54.43M 53.34M 38.62M
Diluted Shares Outstanding 60.41M 54.74M 54.43M 53.34M 38.62M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

No data

Dividends

Dividends

No data

Stock Price

Market Cap: $46.227 Million

About Passage BIO, Inc.

Passage Bio, Inc. operates as a genetic medicines company. The company is headquartered in Philadelphia, Pennsylvania and currently employs 58 full-time employees. The company went IPO on 2020-02-28. Its clinical product candidate, PBFT02, seeks to elevate progranulin levels to restore lysosomal function and slow disease progression across a variety of neurodegenerative diseases. PBFT02 utilizes an adeno-associated virus capsid to deliver a functional granulin gene, or GRN, encoding progranulin to the brain via intra cisterna magna administration. The lead indication for PBFT02 is frontotemporal dementia, or FTD, caused by progranulin deficiency, or FTD-GRN. Its development programs consist of PBFT02 for the treatment of FTD-GRN, PBFT02 for the treatment of FTD-C9orf72 and amyotrophic lateral sclerosis, and PBFT02 for the treatment of Alzheimer’s disease. Its clinical product candidates include PBGM01, PBKR03 and PBML04. The company has one unnamed preclinical research program that explores multiple potential treatment targets for Huntington's disease.

Industry: Biological Products, (No Diagnostic Substances) Peers: Black Diamond Therapeutics, Inc. Harvard Apparatus Regenerative Technology, Inc. Cardiff Oncology, Inc. Cyteir Therapeutics, Inc. Genprex, Inc. iBio, Inc. TCR2 THERAPEUTICS INC. Taysha Gene Therapies, Inc.