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Forte Biosciences Inc

Healthcare US FBRX

14.535USD
8.61(145.31%)

Last update at 2024-11-20T20:42:00Z

Day Range

8.7918.81
LowHigh

52 Week Range

0.381.06
LowHigh

Fundamentals

  • Previous Close 5.93
  • Market Cap23.72M
  • Volume28969709
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-32.47700M
  • Revenue TTM0.00000M
  • Revenue Per Share TTM-
  • Gross Profit TTM 0.00000M
  • Diluted EPS TTM-0.91

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -13.87900M -21.70800M -46.48700M -4.06857M -47.25600M
Minority interest - - - - -
Net income -13.86200M -21.70800M -78.54400M -4.06605M -48.95500M
Selling general administrative 8.30M 7.63M 4.22M 1.38M 12.81M
Selling and marketing expenses - - - - -
Gross profit - - - - 18.04M
Reconciled depreciation 0.00000M 0.04M 0.05M 0.01M -
Ebit -13.89600M -21.48600M 17.83M -4.06424M -48.65200M
Ebitda -13.89600M -21.45000M 17.89M -4.05324M -48.02700M
Depreciation and amortization - 0.04M 0.05M 0.01M 0.62M
Non operating income net other - - - - -
Operating income -13.89600M -21.48600M 17.83M -4.06424M -45.85300M
Other operating expenses 13.90M 21.49M 14.22M 4.06M 63.89M
Interest expense 0.02M 0.22M 0.00000M 3.82M 1.40M
Tax provision - - - 0.00100M 1.70M
Interest income - - - 2.26M 1.40M
Net interest income - - - 0.00252M -
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -0.01700M 0.22M 32.06M -0.00252M 1.70M
Total revenue 0.00000M 0.00000M 0.00000M 0.04M 18.04M
Total operating expenses 13.90M 21.49M 14.22M 4.06M 63.89M
Cost of revenue - - - - -
Total other income expense net 0.02M -0.22200M -64.31900M -0.00433M -1.40300M
Discontinued operations - - - - -
Net income from continuing ops -13.87900M -21.70800M -46.48700M -4.06857M -
Net income applicable to common shares -13.87900M -21.70800M -46.48700M -4.06900M -0.86166M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 38.98M 42.00M 43.31M 61.24M 7.66M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 1.20M 0.07M 0.09M 0.08M 0.05M
Total liab 3.67M 3.18M 1.76M 2.26M 12.43M
Total stockholder equity 35.31M 38.82M 41.55M 58.98M -4.76979M
Deferred long term liab - - 0.11M 0.29M -
Other current liab 2.24M 2.03M 0.81M 1.02M 0.34M
Common stock 0.04M 0.02M 0.01M 0.01M 0.00100M
Capital stock 0.04M 0.02M 0.01M 0.01M 0.00100M
Retained earnings -118.52000M -87.04400M -73.16500M -51.45700M -4.97050M
Other liab - - - - -
Good will - - - - -
Other assets 0.00000M - 0.79M 1.24M -
Cash 11.96M 41.10M 42.04M 58.77M 6.94M
Cash and equivalents - - - - -
Total current liabilities 3.67M 3.18M 1.76M 2.26M 1.91M
Current deferred revenue - - - - -4.74400M
Net debt -11.96100M -41.10000M -42.04400M -58.76500M 1.83M
Short term debt - - - - 4.74M
Short long term debt - - - - -
Short long term debt total - - - - 8.77M
Other stockholder equity 153.79M 125.84M 114.70M 110.42M 0.19M
Property plant equipment - - - 0.10M 0.15M
Total current assets 38.33M 41.51M 42.52M 59.90M 7.51M
Long term investments - - - - -
Net tangible assets - 38.82M 41.55M 58.98M -4.76900M
Short term investments 25.16M - - - 12.84M
Net receivables - - - - -
Long term debt - - - - -
Inventory - - - - -
Accounts payable 1.42M 1.15M 0.95M 1.24M 1.57M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 0.00400M - -43.30600M -61.23900M 0.01000M
Additional paid in capital - - - - -
Common stock total equity - - - 0.01M 0.00100M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 0.54M 0.49M 0.79M 1.24M -
Deferred long term asset charges - - - - -
Non current assets total 0.65M 0.49M 0.79M 1.34M 0.15M
Capital lease obligations - - - - -
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments - 0.00000M 3.58M -0.16160M -
Change to liabilities 0.21M -0.29400M -0.36900M 0.98M 0.06M
Total cashflows from investing activities - - 3.58M -0.16200M -0.16200M
Net borrowings - - - - 0.63M
Total cash from financing activities 7.24M -0.04400M 66.67M 4.86M 43.54M
Change to operating activities - 1.01M -3.46200M 0.28M 0.02M
Net income -13.87900M -21.70800M -46.48700M -4.06857M -48.95500M
Change in cash -0.94400M -16.72100M 51.83M 1.92M 4.88M
Begin period cash flow 42.04M 58.77M 6.94M 5.02M 35.93M
End period cash flow 41.10M 42.04M 58.77M 6.94M 40.81M
Total cash from operating activities -8.18500M -16.67700M -18.42300M -2.77092M -34.46900M
Issuance of capital stock 7.23M 0.00000M 66.70M 4.86M -
Depreciation 0.00000M 0.04M 0.05M 0.01M 0.62M
Other cashflows from investing activities - - - 42.75M -2.22200M
Dividends paid - - - - -
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock - - - 8.25M 28.86M
Other cashflows from financing activities 0.01M -0.04400M -0.03200M 4.86M 14.02M
Change to netincome - 4.28M 31.84M 0.04M 0.17M
Capital expenditures 0.00000M 0.06M 0.00000M 0.16M 1.97M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 1.68M 0.72M -3.83100M 1.25M 7.92M
Stock based compensation 4.01M 4.21M 0.96M 0.04M 6.87M
Other non cash items - 0.06M 30.89M 76.87M 5.95M
Free cash flow -8.18500M -16.67700M -18.42300M -2.93252M -36.43700M

Peer Comparison

Sector: Healthcare Industry: Biotechnology

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to EBITDA (x)
FBRX
Forte Biosciences Inc
8.61 145.31% 14.54 - - - 0.74 0.33
NVO
Novo Nordisk A/S
2.89 2.82% 105.52 41.58 31.15 2.13 32.99 2.11 4.70
NONOF
Novo Nordisk A/S
2.44 2.38% 105.00 41.06 31.25 2.08 33.11 2.11 4.70
VRTX
Vertex Pharmaceuticals Inc
0.44 0.10% 448.45 29.67 24.33 10.38 5.83 9.33 20.00
REGN
Regeneron Pharmaceuticals Inc
-1.25 0.17% 743.35 29.07 20.12 7.57 3.82 6.95 19.42

Reports Covered

Stock Research & News

Profile

Forte Biosciences, Inc. operates as a biopharmaceutical company in the United States. The company is developing FB-102 program that addresses various autoimmune diseases, such as graft-versus-host disease, and vitiligo and alopecia areata. Forte Biosciences, Inc. is headquartered in Dallas, Texas.

Forte Biosciences Inc

3060 Pegasus Park Drive, Dallas, TX, United States, 75247

Key Executives

Name Title Year Born
Dr. Paul A. Wagner Ph.D. CEO & Chairman 1970
Mr. Antony A. Riley CPA Chief Financial Officer 1967
Dr. Hubert C. Chen M.D. Pres & Chief Scientific Officer 1969
Mr. Christopher Roenfeldt Chief Operating Officer NA
Mr. Steven Ruhl Chief Technical Officer 1957
Dr. Paul A. Wagner Ph.D. CEO, President & Chairman 1970

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