Financial Snapshot

Revenue
$24.40M
TTM
Gross Margin
Net Earnings
-$197.0M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
1304.96%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$508.6M
Q3 2024
Cash
Q3 2024
P/E
-2.849
Nov 29, 2024 EST
Free Cash Flow
-$162.1M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $11.76M $1.941M $0.00 $0.00 $0.00
YoY Change 505.77%

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 $11.76M $1.941M $0.00 $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 $49.94M $37.53M $18.87M $5.256M $2.498M
YoY Change 33.05% 98.96% 258.92% 110.41%
% of Gross Profit
Research & Development $184.9M $130.1M $68.20M $35.37M $11.14M
YoY Change 42.16% 90.75% 92.82% 217.4%
% of Gross Profit
Depreciation & Amortization $5.455M $2.804M $1.500M $1.300M $100.0K
YoY Change 94.54% 86.93% 15.38% 1200.0%
% of Gross Profit
Operating Expenses $234.9M $167.6M $87.07M $40.63M $13.64M
YoY Change 40.12% 92.53% 114.31% 197.81%
Operating Profit -$223.1M -$165.7M -$87.07M -$40.63M -$13.64M
YoY Change 34.67% 90.3% 114.31% 197.81%

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 $23.17M $6.867M $142.0K $162.0K $278.0K
YoY Change 237.35% 4735.92% -12.35% -41.73%
% of Operating Profit
Other Income/Expense, Net $23.33M $8.353M -$33.25M -$5.077M -$5.655M
YoY Change 179.31% -125.12% 554.86% -10.22%

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 -$199.8M -$157.3M $120.3M $45.70M $19.30M
YoY Change 26.99% -230.78% 163.24% 136.79%
Income Tax $275.0K $53.00K $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings -$200.1M -$157.4M -$120.3M -$45.70M -$19.30M
YoY Change 27.12% 30.83% 163.24% 136.79%
Net Earnings / Revenue -1701.55% -8108.55%
Basic Earnings Per Share -$3.12 -$2.91 -$4.48 -$20.31
Diluted Earnings Per Share -$3.12 -$2.91 -$4.477M -$991.2K -$418.5K

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 $624.0M $554.8M $360.4M $72.11M $18.78M
YoY Change 12.46% 53.92% 399.84% 283.94%
Cash & Equivalents $206.2M $115.4M $64.33M $8.993M $2.986M
Short-Term Investments $417.8M $439.4M $296.1M $63.12M $15.80M
Other Short-Term Assets $8.102M $7.339M $6.686M $1.854M $272.0K
YoY Change 10.4% 9.77% 260.63% 581.62%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $637.9M $563.2M $367.1M $73.97M $19.05M
YoY Change 13.28% 53.4% 396.35% 288.19%
Property, Plant & Equipment $107.8M $110.7M $9.063M $3.984M $2.358M
YoY Change -2.58% 1120.95% 127.48% 68.96%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.939M $5.409M $7.933M $463.0K $235.0K
YoY Change 28.29% -31.82% 1613.39% 97.02%
Total Long-Term Assets $114.7M $116.1M $17.00M $4.447M $2.593M
YoY Change -1.14% 582.89% 282.19% 71.5%
Total Assets $752.7M $679.2M $384.1M $78.41M $21.65M
YoY Change
Accounts Payable $6.636M $2.424M $7.077M $36.00K $2.411M
YoY Change 173.76% -65.75% 19558.33% -98.51%
Accrued Expenses $30.37M $32.67M $14.95M $7.189M $1.111M
YoY Change -7.04% 118.58% 107.91% 547.07%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $37.01M $35.10M $22.02M $7.315M $3.553M
YoY Change 5.45% 59.35% 201.08% 105.88%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $116.2M $93.20M $4.748M $9.847M $12.17M
YoY Change 24.66% 1862.85% -51.78% -19.07%
Total Long-Term Liabilities $116.2M $93.20M $4.748M $9.847M $12.17M
YoY Change 24.66% 1862.85% -51.78% -19.07%
Total Liabilities $153.2M $128.3M $26.77M $17.16M $15.72M
YoY Change 19.41% 379.2% 56.0% 9.17%

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 64.18M 54.02M 26.87M 2.250M
Diluted Shares Outstanding 64.18M 54.02M 26.87M 2.250M
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: $561.32 Million

About Verve Therapeutics, Inc.

Verve Therapeutics, Inc. is a genetic medicines company, which engages in the development of approach to the care of cardiovascular diseases. The company is headquartered in Boston, Massachusetts and currently employs 255 full-time employees. The company went IPO on 2021-06-17. The firm is focused on developing a new approach to the care of cardiovascular disease (CVD), transforming treatment from chronic management to single-course gene editing medicines. The Company’s lead programs include VERVE-101, VERVE-102, and VERVE-201, which target genes that have been validated as targets for lowering low-density lipoprotein cholesterol (LDL-C), a root cause of atherosclerotic cardiovascular disease (ASCVD). VERVE-101 and VERVE-102 are designed to permanently turn off the PCSK9 gene in the liver and are being developed initially for heterozygous familial hypercholesterolemia (HeFH). VERVE-201 is designed to permanently turn off the ANGPTL3 gene in the liver and is initially being developed for homozygous familial hypercholesterolemia (HoFH) and for refractory hypercholesterolemia where patients still have high LDL-C despite treatment with maximally tolerated standard of care therapies.

Industry: Pharmaceutical Preparations Peers: Arcus Biosciences, Inc. EQRx, Inc. ImmunityBio, Inc. FATE THERAPEUTICS INC IVERIC bio, Inc. Krystal Biotech, Inc. Prometheus Biosciences, Inc. PROKIDNEY CORP. Twist Bioscience Corp