Acquired by AbbVie in Feb 2024
Company logo

IMGN - ImmunoGen, Inc.

NASDAQ -> Healthcare -> Biotechnology
Waltham, United States
Type: Equity

IMGN price evolution
IMGN
(in millions $) 30 Sep 2023 30 Jun 2023 31 Mar 2023 31 Jan 2023
Current assets
Cash $605.53 $571.99 $201.25 $275.14
Short term investments
Net receivables $137.16 $79.96 $31.05 $17.98
Inventory $33.77 $21.21 $16.91 $16.2
Total current assets $766.9 $669.27 $243.86 $304.12
Long term investments
Property, plant & equipment $12.77 $12.77 $13.69 $14.61
Goodwill & intangible assets
Total noncurrent assets $55.2 $45.05 $44.48 $44.81
Total investments
Total assets $822.1 $714.33 $288.35 $348.94
Current liabilities
Accounts payable $24.85 $18.44 $32.26 $45.35
Deferred revenue $63.9 $44.61 $47.5 $50.21
Short long term debt $4.46 $4.33 $4.21 $4.1
Total current liabilities $134.66 $93.7 $101.63 $121.86
Long term debt $79.87 $80.88 $10.05 $11.15
Total noncurrent liabilities $125.84 $129.78 $64.8 $71.25
Total debt $84.33 $85.21 $14.26 $15.24
Total liabilities $260.5 $223.49 $166.43 $193.11
Shareholders' equity
Retained earnings -$1708.59 -$1739.33 -$1735.09 -$1694.07
Other shareholder equity
Total shareholder equity $561.6 $490.84 $121.92 $155.83
(in millions $) 31 Jan 2023 31 Dec 2021 31 Dec 2020 31 Dec 2019
Current assets
Cash $275.14 $478.75 $293.86 $176.22
Short term investments
Net receivables $17.98 $10.93 $22.5 $23.62
Inventory $16.2
Total current assets $304.12 $500 $324.25 $208.9
Long term investments
Property, plant & equipment $14.61 $17.05 $19.83 $22.58
Goodwill & intangible assets
Total noncurrent assets $44.81 $25.77 $30.82 $26.36
Total investments
Total assets $348.94 $525.76 $355.07 $235.26
Current liabilities
Accounts payable $45.35 $18.43 $9.54 $9.93
Deferred revenue $50.21 $92.07 $110.11 $127.43
Short long term debt $4.1 $3.54 $5.24 $2.97
Total current liabilities $121.86 $100.94 $122.32 $77.41
Long term debt $11.15 $15.24 $18.65 $23.88
Total noncurrent liabilities $71.25 $99.23 $143.18 $233.97
Total debt $15.24 $18.78 $23.89 $26.85
Total liabilities $193.11 $200.18 $265.5 $311.38
Shareholders' equity
Retained earnings -$1694.07 -$1471.14 -$1331.84 -$1287.47
Other shareholder equity $325.59
Total shareholder equity $155.83 $325.59 $89.57 -$76.12
(in millions $) 30 Sep 2023 30 Jun 2023 31 Mar 2023 31 Dec 2022
Revenue
Total revenue $113.42 $83.15 $49.87 $41.17
Cost of revenue $2.15 $0.91 $0.63 $0.18
Gross Profit $111.27 $82.24 $49.24 $40.99
Operating activities
Research & development $47.57 $50.08 $51.62 $58.48
Selling, general & administrative $37.74 $36.36 $40.02 $42.06
Total operating expenses $85.31 $86.43 $91.64 $100.55
Operating income $25.96 -$4.19 -$42.39 -$59.56
Income from continuing operations
EBIT $32.12 -$0.05 -$41.01 -$57.79
Income tax expense -$1.17 $0.88 $1.22
Interest expense $2.54 $3.32
Net income
Net income $30.75 -$4.25 -$41.01 -$59.01
Income (for common shares) $30.75 -$4.25 -$41.01 -$59.01
(in millions $) 31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Revenue
Total revenue $108.78 $69.86 $132.3 $82.27
Cost of revenue $0.18
Gross Profit $108.61 $69.86 $132.3 $82.27
Operating activities
Research & development $213.37 $151.12 $114.59 $114.52
Selling, general & administrative $116.13 $43.81 $38.6 $38.49
Total operating expenses $329.5 $194.93 $154.68 $174.44
Operating income -$220.89 -$125.07 -$22.38 -$92.17
Income from continuing operations
EBIT -$221.71 -$139.26 -$44.28 -$104.04
Income tax expense $1.22
Interest expense $0.05 $0.1 $0.1
Net income
Net income -$222.93 -$139.3 -$44.37 -$104.13
Income (for common shares) -$222.93 -$139.3 -$44.37 -$104.13
(in millions $) 30 Sep 2023 30 Jun 2023 31 Mar 2023 31 Dec 2022
Net income $30.75 -$4.25 -$41.01 -$59.01
Operating activities
Depreciation $0.42 $0.43 $0.45 $0.43
Business acquisitions & disposals
Stock-based compensation $7.87 $7.43 $7.07 $10.75
Total cash flows from operations $2.77 -$66.74 -$73.72 -$60.2
Investing activities
Capital expenditures -$1.35 -$0.08 -$0.21 -$0.25
Investments
Total cash flows from investing -$1.35 -$0.08 -$0.21 -$0.25
Financing activities
Dividends paid
Sale and purchase of stock $32.13 $365.74 $0.04 $26.07
Net borrowings $71.82
Total cash flows from financing $32.13 $437.56 $0.04 $26.07
Effect of exchange rate
Change in cash and equivalents $33.55 $370.74 -$73.89 -$34.37
(in millions $) 31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Net income -$222.93 -$139.3 -$44.37 -$104.13
Operating activities
Depreciation $1.78 $2.02 $2.1 $4.03
Business acquisitions & disposals
Stock-based compensation $25.61 $17.48 $14.32 $14.17
Total cash flows from operations -$229.8 -$169.42 -$78.62 -$88.37
Investing activities
Capital expenditures -$1.36 -$1.43 $0.51 -$0.53
Investments
Total cash flows from investing -$1.36 -$1.43 $0.51 -$0.53
Financing activities
Dividends paid
Sale and purchase of stock $27.55 $356.84 $195.74 $2.87
Net borrowings -$1.1
Total cash flows from financing $27.55 $355.74 $195.74 $2.87
Effect of exchange rate
Change in cash and equivalents -$203.61 $184.89 $117.63 -$86.03
Fundamentals
Market cap $8.30B
Enterprise value $7.78B
Shares outstanding 265.84M
Revenue $287.61M
EBITDA -$65.01M
EBIT -$66.74M
Net Income -$73.52M
Revenue Q/Q 637.72%
Revenue Y/Y N/A
P/E ratio -112.92
EV/Sales 27.05
EV/EBITDA -119.69
EV/EBIT -116.59
P/S ratio 28.87
P/B ratio 14.78
Book/Share 2.11
Cash/Share 2.28
EPS -$0.28
ROA -13.53%
ROE -22.11%
Debt/Equity 1.24
Net debt/EBITDA 5.31
Current ratio 5.70
Quick ratio 5.44