CTMX - CytomX Therapeutics, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$11.25
DETAILS
HIGH:
$16.00
LOW:
$6.00
MEDIAN:
$11.50
CONSENSUS:
$11.25
UPSIDE:
242.99%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||
| Revenue | 76.2 | 138.1 | 101.2 | 53.2 | 37.3 | 68.4 | 57.5 | 59.5 | 71.6 | 15.0 | 7.7 | 5.1 | 0.9 |
| Cost of Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 76.2 | 138.1 | 101.2 | 53.2 | 37.3 | 68.4 | 57.5 | 59.5 | 71.6 | 15.0 | 7.7 | 5.1 | 0.9 |
| Operating Expenses | |||||||||||||
| R&D Expenses | 68.7 | 83.4 | 77.7 | 111.6 | 114.2 | 112.9 | 131.6 | 103.9 | 92.3 | 54.8 | 28.4 | 28.3 | 10.9 |
| SG&A Expenses | 29.8 | 29.7 | 30.0 | 42.8 | 39.2 | 36.0 | 36.8 | 33.5 | 25.6 | 19.9 | 12.6 | 6.5 | 5.0 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | (0.1) | (0.0) | (0.1) | 0 | (0.1) | 0.1 |
| Operating Expenses | 98.6 | 113.1 | 107.7 | 154.5 | 153.4 | 149.0 | 168.4 | 137.4 | 117.9 | 74.6 | 40.9 | 34.8 | 15.8 |
| Operating Income | |||||||||||||
| Operating Income | (22.4) | 25.0 | (6.5) | (101.3) | (116.0) | (80.5) | (110.9) | (77.9) | (46.3) | (59.6) | (33.2) | (29.8) | (15.0) |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.7 | 1.7 | 0.5 | 0.3 |
| Interest Income | 5.2 | 7.1 | 9.8 | 1.7 | 0.3 | 1.8 | 8.4 | 7.6 | 2.7 | 2.4 | 1.3 | 0.0 | 0.0 |
| Profitability | |||||||||||||
| EBITDA | (15.8) | 33.9 | 5.5 | (96.9) | (113.2) | (78.0) | (100.1) | (76.0) | (42.0) | (57.9) | (32.4) | (29.0) | (14.2) |
| EBIT | (17.1) | 32.1 | 3.3 | (99.3) | (115.9) | (80.5) | (102.7) | (77.9) | (43.6) | (57.2) | (33.6) | (29.8) | (14.9) |
| Income Before Tax | (17.1) | 32.1 | 3.3 | (99.3) | (115.9) | (50.9) | (102.7) | (70.3) | (43.6) | (58.9) | (35.4) | (30.3) | (15.1) |
| Income Tax Expense | 0.2 | 0.2 | 3.9 | 0 | 0 | 13.9 | (0.4) | 14.3 | (0.5) | (0.0) | 0.0 | 0.0 | 0.0 |
| Net Income | (17.4) | 31.9 | (0.6) | (99.3) | (115.9) | (64.8) | (102.2) | (84.6) | (43.1) | (58.9) | (35.4) | (30.3) | (15.1) |
| Per Share Data | |||||||||||||
| EPS (Basic) | -0.15 | 0.38 | -0.01 | -1.48 | -1.26 | -0.71 | -2.26 | -2.03 | -1.16 | -1.63 | -1.00 | -0.87 | -15.32 |
| EPS (Diluted) | -0.15 | 0.38 | -0.01 | -1.48 | -1.26 | -0.71 | -2.26 | -2.03 | -1.16 | -1.63 | -1.00 | -0.87 | -15.32 |
| Shares Outstanding | 137.9 | 84.4 | 73.8 | 65.7 | 64.1 | 46.1 | 45.3 | 41.7 | 37.2 | 36.2 | 35.5 | 34.9 | 1.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||
| Cash & Cash Equivalents | 12.7 | 38.1 | 17.2 | 193.7 | 205.5 | 191.9 | 188.4 | 247.6 | 177.5 | 104.6 | 59.8 | 64.4 | 8.7 |
| Short-Term Investments | 124.4 | 62.6 | 157.3 | 0 | 99.7 | 124.3 | 107.7 | 188.6 | 196.6 | 77.3 | 126.9 | 0 | 0 |
| Net Receivables | 2.0 | 3.1 | 3.4 | 36.0 | 0.8 | 0.8 | 0.0 | 0.1 | 10.1 | 2.3 | 0.7 | 1.9 | 0.2 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.1 |
| Other Current Assets | 4.9 | 3.6 | 5.0 | 7.5 | 0 | 0 | 0 | 9.3 | 4.4 | 0 | 2.3 | 0.1 | 0.1 |
| Total Current Assets | 143.9 | 107.3 | 182.9 | 237.1 | 310.3 | 324.0 | 303.3 | 445.5 | 388.6 | 188.1 | 189.8 | 66.9 | 9.3 |
| Non-Current Assets | |||||||||||||
| Property, Plant & Equipment | 4.7 | 10.6 | 16.2 | 21.0 | 25.3 | 29.4 | 32.8 | 6.9 | 4.2 | 4.4 | 3.5 | 3.0 | 2.1 |
| Goodwill | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 |
| Intangible Assets | 0.4 | 0.6 | 0.7 | 0.9 | 1.0 | 1.2 | 1.3 | 1.5 | 1.6 | 1.8 | 1.8 | 1.8 | 1.8 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.9 | 0.9 | 0 | 1.0 | 0 | 0 |
| Other Non-Current Assets | 1.6 | 1.1 | 1 | 0.9 | 1.8 | 3.1 | 2.9 | 0.2 | 1.0 | 3.9 | (0.1) | 0.5 | 0.1 |
| Total Non-Current Assets | 7.6 | 13.2 | 18.9 | 23.8 | 29.1 | 34.6 | 37.9 | 11.6 | 9.0 | 11.0 | 7.5 | 6.2 | 4.9 |
| Total Assets | 151.6 | 120.5 | 201.8 | 260.9 | 339.4 | 358.7 | 341.3 | 457.1 | 397.6 | 199.1 | 197.2 | 73.1 | 14.2 |
| Current Liabilities | |||||||||||||
| Account Payables | 1.3 | 1.1 | 1.5 | 2.8 | 2.8 | 3.0 | 4.2 | 5.1 | 4.2 | 6.6 | 4.7 | 1.9 | 0.9 |
| Short-Term Debt | 4.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.4 | 1.3 |
| Deferred Revenue | 26.9 | 67.2 | 132.3 | 121.3 | 40.8 | 42.1 | 51.4 | 52.7 | 40.6 | 20.3 | 6.1 | 6.1 | 0.9 |
| Other Current Liabilities | 6.0 | 0 | 9.4 | 0 | 0 | 0 | 0 | 20.1 | 11.9 | 4.9 | 2.1 | 0.8 | 0.4 |
| Total Current Liabilities | 46.6 | 85.8 | 155.9 | 152.6 | 77.9 | 68.1 | 85.6 | 97.9 | 61.1 | 35.8 | 15.7 | 11.2 | 4.2 |
| Non-Current Liabilities | |||||||||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.6 | 2.9 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.1 | 0.4 | 0.5 | 0.5 | 0.5 | 0.5 |
| Other Non-Current Liabilities | 4.4 | 4.1 | 3.9 | 0 | 0 | 0 | 0.8 | 3.0 | 1.9 | 0.6 | 0.2 | 77.5 | 46.2 |
| Total Non-Current Liabilities | 5.9 | 35.2 | 93.3 | 194.0 | 262 | 298.3 | 204.6 | 228.3 | 266.6 | 84.9 | 55.4 | 140.4 | 54.3 |
| Total Liabilities | 52.6 | 121.0 | 249.2 | 346.6 | 339.9 | 366.4 | 290.2 | 326.2 | 327.7 | 120.6 | 71.1 | 151.6 | 58.5 |
| Stockholders' Equity | |||||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (711.9) | (691.6) | (723.4) | (722.9) | (623.6) | (507.7) | (417.2) | (315.0) | (219.5) | (176.4) | (117.5) | (78.1) | (43.9) |
| Accumulated Other Comprehensive Income | 0.1 | 0.0 | 0.1 | 0.0 | (0.2) | (0.0) | 0.1 | (0.1) | (0.1) | (0.0) | (0.1) | (0.4) | (0.4) |
| Total Stockholders' Equity | 99.0 | (0.5) | (47.4) | (85.8) | (0.5) | (7.8) | 51.1 | 130.9 | 69.9 | 78.5 | 126.1 | (78.5) | (44.3) |
| Total Liabilities & Equity | 151.6 | 120.5 | 201.8 | 260.9 | 339.4 | 358.7 | 341.3 | 457.1 | 397.6 | 199.1 | 197.2 | 73.1 | 14.2 |
| Debt Metrics | |||||||||||||
| Total Debt | 4.2 | 9.4 | 14.0 | 18.1 | 21.7 | 24.9 | 27.7 | 0 | 0 | 0 | 0 | 3.0 | 4.2 |
| Net Debt | (8.4) | (28.7) | (3.2) | (175.6) | (183.9) | (167.0) | (160.7) | (247.6) | (177.5) | (104.6) | (59.8) | (61.4) | (4.5) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Net Income | (17.4) | 31.9 | (0.6) | (99.3) | (83.6) | (32.9) | (132.8) | (84.6) | (43.1) | (58.9) | (35.4) | (30.3) | (15.1) |
| Depreciation & Amortization | 1.4 | 1.8 | 2.2 | 2.4 | 2.7 | 2.6 | 2.6 | 1.9 | 1.6 | 1.7 | 1.2 | 0.8 | 0.7 |
| Stock-Based Compensation | 6.3 | 7.7 | 8.6 | 13.1 | 13.2 | 14.8 | 19.1 | 16.9 | 11.3 | 10.1 | 4.0 | 0.6 | 0.3 |
| Change in Working Capital | (68.6) | (126.4) | (62.5) | (30.7) | (54.7) | 18.1 | (31.4) | (8.0) | 190.0 | 43.3 | (0.2) | 60.7 | 6.0 |
| Other Non-Cash Items | 2.7 | (1.1) | (3.7) | 3.6 | 3.1 | 2.9 | 2.0 | (1.7) | 11.1 | 1.8 | 3.0 | 0.1 | 0.2 |
| Operating Cash Flow | (75.6) | (86.2) | (56.0) | (110.8) | (119.0) | 5.3 | (140.5) | (75.5) | 170.4 | (2.0) | (27.4) | 31.8 | (8.0) |
| Investing Activities | |||||||||||||
| Capital Expenditure | (0.2) | (0.3) | (0.8) | (1.7) | (1.6) | (2.3) | (3.5) | (3.8) | (1.6) | (2.2) | (1.6) | (1.7) | (0.7) |
| Acquisitions | 0 | 0 | 0 | 0 | (24.1) | 16.4 | 0 | (5.9) | 121.3 | 0.1 | 0 | 0 | 0 |
| Purchases of Investments | (192.5) | (155.5) | (424.8) | 0 | (99.9) | (199.1) | (175.0) | (204.6) | (218.7) | (121.5) | (250.9) | 0 | 0 |
| Sales/Maturities of Investments | 133 | 255.5 | 275 | 100 | 124.0 | 182.7 | 258.2 | 214.3 | 99 | 169.5 | 122.8 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 24.1 | (16.4) | 0 | 5.9 | (121.3) | 0.1 | (0.8) | 0 | 0 |
| Investing Cash Flow | (59.7) | 99.7 | (150.7) | 98.3 | 22.5 | (18.7) | 79.7 | 5.9 | (121.3) | 45.9 | (130.6) | (1.7) | (0.7) |
| Financing Activities | |||||||||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | (3.1) | (1.3) | 2.6 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (6.7) | 0 | 0 |
| Other Financing Activities | 0 | 0.6 | 0 | 0 | 2.5 | 5.6 | 1.6 | 5.0 | 3.8 | 0.9 | 7.0 | 0.0 | 0.1 |
| Financing Cash Flow | 110.4 | 7.5 | 30.2 | 0.6 | 110.2 | 16.9 | 1.6 | 139.6 | 23.8 | 1.0 | 153.4 | 25.6 | 2.7 |
| Cash Position | |||||||||||||
| Net Change in Cash | (24.9) | 21.0 | (176.5) | (11.9) | 13.7 | 3.4 | (59.2) | 70.0 | 72.9 | 44.8 | (4.6) | 55.7 | (6.0) |
| Cash at Beginning | 39.1 | 18.1 | 193.7 | 206.4 | 192.8 | 189.3 | 248.5 | 178.5 | 104.6 | 59.8 | 64.4 | 8.7 | 14.7 |
| Cash at End | 14.2 | 39.1 | 17.2 | 194.6 | 206.4 | 192.8 | 189.3 | 248.5 | 177.5 | 104.6 | 59.8 | 64.4 | 8.7 |
| Free Cash Flow | (75.8) | (86.5) | (56.9) | (112.5) | (120.6) | 3.0 | (144.0) | (79.3) | 168.8 | (4.2) | (29.0) | 30.1 | (8.7) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 76.2 | 138.1 | 101.2 | 53.2 | 37.3 | 68.4 | 57.5 | 59.5 | 71.6 | 15.0 | 7.7 | 5.1 | 0.9 |
| Gross Profit | 76.2 | 138.1 | 101.2 | 53.2 | 37.3 | 68.4 | 57.5 | 59.5 | 71.6 | 15.0 | 7.7 | 5.1 | 0.9 |
| Operating Income | (22.4) | 25.0 | (6.5) | (101.3) | (116.0) | (80.5) | (110.9) | (77.9) | (46.3) | (59.6) | (33.2) | (29.8) | (15.0) |
| Net Income | (17.4) | 31.9 | (0.6) | (99.3) | (115.9) | (64.8) | (102.2) | (84.6) | (43.1) | (58.9) | (35.4) | (30.3) | (15.1) |
| EPS (Diluted) | -0.15 | 0.38 | -0.01 | -1.48 | -1.26 | -0.71 | -2.26 | -2.03 | -1.16 | -1.63 | -1.00 | -0.87 | -15.32 |
| Balance Sheet | |||||||||||||
| Cash & Equivalents | 12.7 | 38.1 | 17.2 | 193.7 | 205.5 | 191.9 | 188.4 | 247.6 | 177.5 | 104.6 | 59.8 | 64.4 | 8.7 |
| Total Assets | 151.6 | 120.5 | 201.8 | 260.9 | 339.4 | 358.7 | 341.3 | 457.1 | 397.6 | 199.1 | 197.2 | 73.1 | 14.2 |
| Total Debt | 4.2 | 9.4 | 14.0 | 18.1 | 21.7 | 24.9 | 27.7 | 0 | 0 | 0 | 0 | 3.0 | 4.2 |
| Stockholders' Equity | 99.0 | (0.5) | (47.4) | (85.8) | (0.5) | (7.8) | 51.1 | 130.9 | 69.9 | 78.5 | 126.1 | (78.5) | (44.3) |
| Cash Flow | |||||||||||||
| Operating Cash Flow | (75.6) | (86.2) | (56.0) | (110.8) | (119.0) | 5.3 | (140.5) | (75.5) | 170.4 | (2.0) | (27.4) | 31.8 | (8.0) |
| Capital Expenditure | (0.2) | (0.3) | (0.8) | (1.7) | (1.6) | (2.3) | (3.5) | (3.8) | (1.6) | (2.2) | (1.6) | (1.7) | (0.7) |
| Free Cash Flow | (75.8) | (86.5) | (56.9) | (112.5) | (120.6) | 3.0 | (144.0) | (79.3) | 168.8 | (4.2) | (29.0) | 30.1 | (8.7) |