Financial Snapshot

Revenue
$161.0M
TTM
Gross Margin
Net Earnings
-$124.0M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
309.07%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$111.2M
Q3 2024
Cash
Q3 2024
P/E
-1.889
Nov 29, 2024 EST
Free Cash Flow
-$109.2M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016
Revenue $153.7M $67.77M $61.88M $42.72M $42.74M $38.42M $51.74M $59.73M
YoY Change 126.84% 9.52% 44.84% -0.03% 11.24% -25.75% -13.38%

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 2016
Revenue $153.7M $67.77M $61.88M $42.72M $42.74M $38.42M $51.74M $59.73M
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 2016
Selling, General & Admin $62.58M $59.54M $56.00M $36.82M $32.59M $21.38M $16.37M $14.82M
YoY Change 5.11% 6.32% 52.1% 12.98% 52.43% 30.6% 10.46%
% of Gross Profit
Research & Development $180.4M $137.2M $104.4M $76.96M $65.61M $54.26M $54.64M $43.55M
YoY Change 31.53% 31.39% 35.65% 17.3% 20.92% -0.69% 25.46%
% of Gross Profit
Depreciation & Amortization $6.816M $5.700M $4.800M $4.300M $4.800M $4.539M $4.990M $5.662M
YoY Change 19.58% 18.75% 11.63% -10.42% 5.75% -9.04% -11.87%
% of Gross Profit
Operating Expenses $243.0M $196.7M $160.4M $113.8M $98.20M $75.64M $71.01M $58.37M
YoY Change 23.53% 22.64% 40.98% 15.86% 29.83% 6.52% 21.67%
Operating Profit -$89.28M -$128.9M -$98.52M -$71.06M -$55.47M -$37.22M -$19.27M $1.364M
YoY Change -30.76% 30.87% 38.65% 28.1% 49.02% 93.15% -1512.9%

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 2016
Interest Expense $13.25M $12.24M -$7.014M $38.93M -$280.0K $1.623M $612.0K $0.00
YoY Change 8.24% -274.49% -118.02% -14003.57% -117.25% 165.2%
% of Operating Profit 0.0%
Other Income/Expense, Net -$12.57M $1.913M -$77.00K $87.00K
YoY Change -2584.42% -188.51%

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 2016
Pretax Income -$88.60M -$116.7M -$105.5M -$32.13M -$55.74M -$35.32M -$19.69M $1.700M
YoY Change -24.08% 10.58% 228.47% -42.36% 57.81% 79.38% -1258.24%
Income Tax $18.19M $2.500M $0.00 $100.0K $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$106.8M -$119.2M -$105.5M -$32.13M -$55.74M -$35.32M -$19.69M $1.702M
YoY Change -10.41% 12.95% 228.49% -42.37% 57.84% 79.38% -1256.76%
Net Earnings / Revenue -69.47% -175.89% -170.55% -75.2% -130.44% -91.93% -38.05% 2.85%
Basic Earnings Per Share -$1.78 -$2.35 -$2.29 -$0.99
Diluted Earnings Per Share -$1.78 -$2.35 -$2.288M -$986.5K -$2.428M -$1.546M -$888.5K $76.71K

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 2016
Cash & Short-Term Investments $375.6M $334.4M $197.9M $368.1M $117.9M $204.5M $22.00M $47.50M
YoY Change 12.34% 68.92% -46.23% 212.21% -42.35% 829.55% -53.68%
Cash & Equivalents $69.27M $47.25M $30.41M $206.2M $5.000M $125.3M $22.00M $11.60M
Short-Term Investments $306.4M $287.1M $167.5M $162.0M $112.9M $79.20M $0.00 $35.90M
Other Short-Term Assets $9.846M $11.67M $8.123M $4.500M $4.400M $3.000M $2.000M $1.600M
YoY Change -15.61% 43.63% 80.51% 2.27% 46.67% 50.0% 25.0%
Inventory
Prepaid Expenses
Receivables $36.08M $7.122M $12.45M $5.600M $6.300M $2.500M $1.600M $600.0K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $421.5M $353.2M $218.5M $378.2M $128.6M $209.9M $25.60M $49.70M
YoY Change 19.37% 61.61% -42.22% 194.09% -38.73% 719.92% -48.49%
Property, Plant & Equipment $44.76M $51.06M $51.59M $12.90M $9.600M $10.90M $14.00M $18.70M
YoY Change -12.36% -1.02% 299.93% 34.38% -11.93% -22.14% -25.13%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $68.78M $0.00 $15.60M
YoY Change -100.0% -100.0%
Other Assets $4.439M $2.727M $2.527M $3.000M $2.600M $2.300M $1.100M $900.0K
YoY Change 62.78% 7.91% -15.77% 15.38% 13.04% 109.09% 22.22%
Total Long-Term Assets $49.19M $53.79M $122.9M $15.90M $27.80M $13.20M $15.20M $19.60M
YoY Change -8.55% -56.23% 672.91% -42.81% 110.61% -13.16% -22.45%
Total Assets $470.7M $406.9M $341.4M $394.1M $156.4M $223.1M $40.80M $69.30M
YoY Change
Accounts Payable $9.440M $4.797M $11.33M $5.500M $5.600M $3.100M $2.900M $3.400M
YoY Change 96.79% -57.65% 105.95% -1.79% 80.65% 6.9% -14.71%
Accrued Expenses $59.58M $32.49M $12.45M $8.800M $6.000M $6.200M $3.600M $3.200M
YoY Change 83.37% 160.89% 41.52% 46.67% -3.23% 72.22% 12.5%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $4.061M $12.50M $9.375M $0.00 $1.000M $4.700M $14.60M $0.00
YoY Change -67.51% 33.33% -100.0% -78.72% -67.81%
Total Short-Term Liabilities $93.75M $66.55M $41.74M $29.60M $33.00M $36.40M $32.00M $50.20M
YoY Change 40.87% 59.45% 41.0% -10.3% -9.34% 13.75% -36.25%
Long-Term Debt $0.00 $3.771M $15.74M $24.50M $8.900M $10.00M $1.700M $1.200M
YoY Change -100.0% -76.04% -35.76% 175.28% -11.0% 488.24% 41.67%
Other Long-Term Liabilities $227.3M $119.6M $31.37M $7.900M $16.70M $45.20M $13.60M $6.300M
YoY Change 90.12% 281.19% 297.09% -52.69% -63.05% 232.35% 115.87%
Total Long-Term Liabilities $227.3M $123.3M $47.11M $32.40M $25.60M $55.20M $15.30M $7.500M
YoY Change 84.31% 161.84% 45.4% 26.56% -53.62% 260.78% 104.0%
Total Liabilities $321.1M $189.9M $88.84M $62.10M $58.60M $91.60M $47.30M $57.70M
YoY Change 69.09% 113.74% 43.07% 5.97% -36.03% 93.66% -18.02%

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 2016
Basic Shares Outstanding 60.16M 50.74M 46.12M 32.57M
Diluted Shares Outstanding 60.16M 50.74M 46.12M 32.57M
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: $234.18 Million

About SUTRO BIOPHARMA, INC.

Sutro Biopharma Inc. engages in the drug discovery, development and manufacture of pharmaceutical products. The company is headquartered in South San Francisco, California and currently employs 306 full-time employees. The company went IPO on 2018-09-27. The firm is engaged in developing site-specific and novel-format antibody drug conjugates (ADCs) enabled by its integrated cell-free protein synthesis platform, XpressCF, and its site-specific conjugation platform, XpressCF+. The Company’s advanced product candidate is STRO-002 (luveltamab tazevibulin, or luvelta), an ADC directed against folate receptor-alpha (FolRa), for patients with FolRa-expressing cancers, including ovarian cancer. In addition, it uses luvelta to treat pediatric patients with relapsed/refractory CBFA2T3-GLIS2 and acute myeloid leukemia. The company also has two preclinical product candidates, STRO-003 and STRO-004. These product candidates are single homogeneous ADCs directed against an anti-receptor tyrosine kinase-like orphan receptor 1 (ROR1), and tissue factor (TF), each of which is being developed for the treatment of solid tumors.

Industry: Biological Products, (No Diagnostic Substances) Peers: Annexon, Inc. Arbutus Biopharma Corp AVEO PHARMACEUTICALS, INC. Vaxart, Inc. Tango Therapeutics, Inc. BioAtla, Inc. GreenLight Biosciences Holdings, PBC Generation Bio Co. Immuneering Corp