Financial Snapshot

Revenue
$43.38M
TTM
Gross Margin
Net Earnings
-$123.4M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
800.4%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$229.2M
Q3 2024
Cash
Q3 2024
P/E
-3.064
Nov 29, 2024 EST
Free Cash Flow
-$123.2M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $36.53M $24.86M $37.04M $7.656M
YoY Change 46.93% -32.89% 383.83%

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
Revenue $36.53M $24.86M $37.04M $7.656M
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
Selling, General & Admin $35.50M $30.03M $17.60M $181.4K
YoY Change 18.24% 70.64% 9598.51%
% of Gross Profit
Research & Development $115.2M $105.9M $77.64M $49.99M
YoY Change 8.77% 36.41% 55.3%
% of Gross Profit
Depreciation & Amortization $2.400M $1.600M $900.0K $700.0K
YoY Change 50.0% 77.78% 28.57%
% of Gross Profit
Operating Expenses $150.7M $135.9M $95.23M $59.86M
YoY Change 10.87% 42.74% 59.1%
Operating Profit -$114.2M -$111.1M -$58.19M -$52.20M
YoY Change 2.79% 90.88% 11.48%

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
Interest Expense $6.619M $1.456M $495.0K $65.25K
YoY Change 354.6% 194.14% 658.62%
% of Operating Profit
Other Income/Expense, Net $12.56M $2.949M $247.0K $228.0K
YoY Change 326.01% 1093.93% 8.33%

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
Pretax Income -$101.6M -$108.1M -$57.94M -$51.97M
YoY Change -6.02% 86.6% 11.49%
Income Tax $100.0K $100.0K $300.0K $0.00
% Of Pretax Income
Net Earnings -$101.7M -$108.2M -$58.24M -$51.97M
YoY Change -5.95% 85.76% 12.05%
Net Earnings / Revenue -278.54% -435.14% -157.21% -678.84%
Basic Earnings Per Share -$1.08 -$1.23 -$0.94
Diluted Earnings Per Share -$1.08 -$1.23 -$937.6K -$5.891K

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
Cash & Short-Term Investments $336.9M $366.1M $485.3M $1.314M
YoY Change -7.99% -24.55% 36827.08%
Cash & Equivalents $66.39M $59.97M $142.7M
Short-Term Investments $270.5M $306.2M $342.5M
Other Short-Term Assets $9.653M $7.139M $5.083M $183.5K
YoY Change 35.22% 40.45% 2670.03%
Inventory
Prepaid Expenses
Receivables $0.00 $2.000M $2.000M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $346.5M $375.3M $492.3M $1.498M
YoY Change -7.66% -23.78% 32775.57%
Property, Plant & Equipment $53.42M $57.77M $6.086M
YoY Change -7.54% 849.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $166.8M
YoY Change
Other Assets $2.613M $3.428M $1.731M
YoY Change -23.77% 98.04%
Total Long-Term Assets $56.03M $61.20M $7.817M $166.8M
YoY Change -8.45% 682.88% -95.31%
Total Assets $402.6M $436.5M $500.2M $168.3M
YoY Change
Accounts Payable $2.785M $4.453M $3.226M
YoY Change -37.46% 38.03%
Accrued Expenses $17.48M $19.27M $11.39M $107.5K
YoY Change -9.25% 69.14% 10496.33%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $45.94M $55.55M $40.69M $114.4K
YoY Change -17.3% 36.51% 35483.73%
Long-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $103.5M $131.4M $114.7M $5.836M
YoY Change -21.25% 14.58% 1865.61%
Total Long-Term Liabilities $103.5M $131.4M $114.7M $5.836M
YoY Change -21.25% 14.58% 1865.61%
Total Liabilities $149.5M $187.0M $155.4M $5.951M
YoY Change -20.07% 20.32% 2511.64%

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
Basic Shares Outstanding 94.57M 87.82M 62.11M
Diluted Shares Outstanding 94.57M 87.82M 62.11M
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: $378.11 Million

About Tango Therapeutics, Inc.

Tango Therapeutics, Inc. is a clinical-stage biotechnology company, which engages in discovering and delivering precision cancer medicines. The company is headquartered in Boston, Massachusetts and currently employs 140 full-time employees. The company went IPO on 2020-09-03. The firm leverages the genetic principle of synthetic lethality to discover and develop therapies that take aim at critical targets in cancer. This includes expanding the universe of precision oncology targets into novel areas such as tumor suppressor gene loss and their contribution to the ability of cancer cells to evade immune cell killing. Its lead program, TNG908, is an methylthioadenosine (MTA)-cooperative inhibitor of protein arginine methyltransferase 5 (PRMT5) designed to work selectively in cancer cells with an methylthioadenosine phosphorylase (MTAP) deletion. Its TNG260 is a first-in-class Co-repressor of Repressor Element-1 Silencing Transcription (CoREST) inhibitor. The firm's programs also include TNG348 and TNG462. TNG348 is an allosteric inhibitor of ubiquitin-specific protease (USP1).

Industry: Pharmaceutical Preparations Peers: ALPINE IMMUNE SCIENCES, INC. Annexon, Inc. Arbutus Biopharma Corp Biomea Fusion, Inc. CONCERT PHARMACEUTICALS, INC. GreenLight Biosciences Holdings, PBC SUTRO BIOPHARMA, INC. Immuneering Corp Omega Therapeutics, Inc.