Neurogene Inc. logo NGNE - Neurogene Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 5
HOLD 1
SELL 0
STRONG
SELL
0
| PRICE TARGET: $69.00 DETAILS
HIGH: $69.00
LOW: $69.00
MEDIAN: $69.00
CONSENSUS: $69.00
UPSIDE: 149.01%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3
Revenue
Revenue 0 0 0 0 0 0 0 0.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 25 0 0 0 0 0 0 0
Cost of Revenue 0.9 0.8 0 0 0 15.3 0 0.8 0.8 12.2 0 0 0.8 0.6 10.8 0.7 0.7 0.6 0.6 0.5 0.5 0.5 0.4 0.8 0.2 0 0 0 0 0 0 25 0 0 0 0 0 0 0
Gross Profit (0.9) (0.8) 0 0 0 (15.3) 0 0.1 (0.8) (12.2) 0 0 (0.8) (0.6) (10.8) (0.7) (0.7) (0.6) (0.6) (0.5) (0.5) (0.5) (0.4) (0.8) (0.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses
R&D Expenses 25.1 20.6 17.2 19.4 17.8 15.3 16.3 15.7 13.5 12.2 11.6 10.3 10.3 10.0 10.8 11.0 10.7 9.8 9.9 9.8 9.7 7.8 6.2 4.8 5.5 4.9 1.4 0.0 0.0 1.5 2.8 18.0 10.5 11.6 8.5 10.5 5.8 8.1 6.1
SG&A Expenses 8.2 6.1 6.6 6.7 8.2 6.2 5.9 5.3 4.4 2.5 3.6 2.3 1.9 3.6 2.2 4.2 4.0 4.8 5.0 4.8 4.7 4.4 3.4 4.2 3.4 3.4 10.2 2.2 2.4 2.8 3.9 4.5 4.5 5.0 3.6 3.5 2.7 3.3 2.1
Other Expenses (0.9) 0 0 0 0 (15.3) 0 (0.8) 0 (12.2) 0 0 0 0 (10.8) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 32.5 26.7 23.8 26.1 25.9 6.2 22.2 20.2 18.0 2.5 15.2 12.6 12.2 13.6 2.2 15.2 14.7 14.5 14.9 14.6 14.4 12.2 9.6 9.0 8.9 8.3 11.6 2.2 2.4 4.3 6.7 22.5 15.0 16.5 12.1 14.0 8.5 11.5 8.3
Operating Income
Operating Income (33.3) (27.5) (23.8) (26.1) (25.9) (21.5) (22.2) (20.1) (18.8) (14.7) (15.2) (12.6) (13.0) (14.3) (13) (15.9) (15.4) (15.2) (15.5) (15.1) (14.9) (12.6) (10.1) (9.8) (9.1) (8.3) (11.6) (2.2) (2.4) (4.3) (6.7) 2.5 (15.0) (16.5) (12.1) (14.0) (8.5) (11.5) (8.3)
Interest Expense 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 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 0.0 0
Interest Income 2.3 2.7 2.7 2.9 3.2 2.3 1.8 2.0 2.3 0.8 0.7 0.7 0.8 0.8 0.5 0.2 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.4 0.3 0.4 0.4 0.5 0.5 0.5 0.4 0.2 0.3 0.2 0.2 0.2 0.2 0.1
Profitability
EBITDA (32.5) (26.7) (20.2) (21.2) (21.9) (20.7) (19.4) (17.7) (16.1) (13.9) (13.7) (11.0) (11.4) (12.8) (12.2) (15.0) (14.7) (14.5) (14.9) (14.6) (14.4) (12.2) (1.8) (9.0) (8.5) (7.9) (59.1) (0.0) (2.2) (4.9) (15.0) 2.9 (14.6) (16.3) (11.8) (13.8) (8.3) (11.2) (8.1)
EBIT (33.3) (27.5) (21.0) (22.0) (22.6) (21.5) (20.2) (18.5) (16.9) (14.7) (14.6) (11.9) (12.3) (13.4) (13) (15.7) (15.4) (15.2) (15.4) (15.1) (14.9) (12.6) (2.2) (9.7) (8.6) (8.1) (59.1) (0.0) (2.2) (4.9) (15.0) 2.9 (14.6) (16.3) (11.8) (13.8) (8.3) (11.2) (8.1)
Income Before Tax (30.9) (24.7) (21.0) (22.0) (22.6) (19.5) (20.2) (18.5) (16.9) 2.4 (14.6) (11.9) (12.3) (13.4) (12.5) (15.7) (15.4) (15.2) (15.4) (15.1) (14.9) (12.6) (2.2) (9.7) (8.6) (8.1) (59.1) (0.0) (2.2) (4.9) (15.0) 2.9 (14.6) (16.3) (11.8) (13.8) (8.3) (11.2) (8.1)
Income Tax Expense 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 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income (30.9) (24.7) (21.0) (22.0) (22.6) (19.5) (20.2) (18.5) (16.9) 2.4 (14.6) (11.9) (12.3) (13.4) (12.5) (15.7) (15.4) (15.2) (15.4) (15.1) (14.9) (12.6) (2.2) (9.7) (8.6) (8.1) (59.1) (0.0) (2.2) (4.9) (15.0) 2.9 (14.6) (16.3) (11.8) (13.8) (8.3) (11.2) (8.1)
Per Share Data
EPS (Basic) -1.39 -1.60 -0.99 -1.05 -1.08 -1.31 -1.19 -1.09 -1.00 -1.21 -0.41 -0.21 -0.26 -0.32 -2.36 -0.28 -0.28 -0.36 -0.28 -0.27 -0.27 -0.30 -0.04 -0.20 -0.18 -0.23 -2.26 -0.09 -0.21 -0.64 0.12 -0.62 -0.69 -0.50 -0.59 -0.36 -0.48 -0.46
EPS (Diluted) -1.39 -1.60 -0.99 -1.05 -1.08 -1.31 -1.19 -1.09 -1.00 -1.21 -0.41 -0.21 -0.26 -0.32 -2.36 -0.28 -0.28 -0.36 -0.28 -0.27 -0.27 -0.30 -0.04 -0.20 -0.18 -0.23 -2.26 -0.09 -0.21 -0.64 0.12 -0.62 -0.69 -0.50 -0.59 -0.36 -0.48 -0.46
Shares Outstanding 22.3 15.5 21.2 21.1 21.0 14.9 17.0 16.9 16.9 12.8 11.1 56.2 55.4 42.6 5.3 55.2 55.1 42.5 55.1 55.0 54.9 42.2 54.1 49.4 49.2 35.2 26.2 23.5 23.5 23.5 23.5 23.5 23.5 23.5 23.5 23.4 23.4 23.4 17.7
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3
Current Assets
Cash & Cash Equivalents 124.2 103.8 71.0 58.8 70.8 136.6 66.6 111.0 150.1 148.2 25.2 59.0 35.5 82.0 40.3 77.5 128.1 142.5 155.8 165.1 179.3 192.6 202.0 130.5 139.4 143.1 66.3 72.7 74.2 76.9 86.7 99.1 66.6 52.0 47.1 27.1 20.9 32.3 86.2
Short-Term Investments 119.0 165.2 194.4 215.7 221.8 175.8 72.4 42.9 19.4 48.9 53.3 0 47.9 0 66.5 38.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3.0 26.1 56.1 72.6 104.1 100.7 70.8 59.7
Net Receivables 0 0.5 0.9 1.3 0.6 0.6 0.7 0.6 0.6 0.6 0 0.6 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 0
Inventory 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 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 3.6 0.2 0.4 1.0 1.0 1.0 1.6 1.5 1.3 1.1 (0.6) 0.7 2.2 1.6 2.0 2.0 2.3 1.5 0.7 2.4 2.0 2.0 4.6 0.5 0.2 0.5 1.3 0.5 0.7 0.2 0.6 1.1 1.6 0.7 0.9 0.9 0.9 0.4 0.7
Total Current Assets 246.7 271.6 270.5 279.0 296.4 315.9 143.6 159.1 174.1 200.3 79.9 62.4 85.6 84.7 108.9 118.5 130.4 144.0 156.5 167.5 181.3 194.5 206.6 131.0 139.7 143.6 67.6 73.2 74.8 77.2 87.3 103.2 94.2 108.8 120.6 132.2 122.4 103.5 146.6
Non-Current Assets
Property, Plant & Equipment 15.0 15.5 15.9 16.9 17.7 18.5 19.3 19.5 20.1 21.0 9.2 22.8 11.9 24.5 15.8 16.5 16.7 17.2 17.3 17.4 16.6 13.7 13.7 12.7 12.3 2.8 1.6 0.5 0.4 0.4 0.5 0.8 0.8 0.9 1.0 1.1 0.9 0.8 0.8
Goodwill 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 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.3 0.3 0.4 0.5 0.5 0.6 0.6 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 0 0.3 0 0 0 0 0 0.3 0.3 0 0.5 0 0.9 0 0.9 0.9 0.9 0.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20.0 50.0 16.7
Other Non-Current Assets 1.4 1.2 1.4 1.4 1.2 1.3 1.1 0.8 0.7 1.3 0.0 0.6 0.0 0 1.0 1.2 1.1 1.2 2.2 2.2 1.9 1.9 1.0 1.1 0.5 0.0 0.0 0.0 0.2 0.1 0.1 0.4 0.6 0.6 0 0 0 0 0
Total Non-Current Assets 16.4 17.6 17.3 18.3 18.9 19.8 20.5 20.7 21.2 22.2 9.7 23.4 12.8 24.5 17.7 18.5 18.8 19.3 19.4 19.5 18.8 16.0 15.1 14.3 13.4 3.4 2.2 0.5 0.6 0.5 0.5 1.2 1.4 1.5 1.0 1.1 20.9 50.9 17.5
Total Assets 263.1 289.2 287.8 297.3 315.3 335.7 164.1 179.8 195.3 222.6 89.6 85.8 98.5 109.3 126.6 137.0 149.1 163.3 175.9 187.0 200.1 210.5 221.7 145.3 153.1 147.0 69.8 73.7 75.4 77.6 87.8 104.4 95.6 110.3 121.6 133.3 143.3 154.4 164.1
Current Liabilities
Account Payables 4.7 2.0 1.5 2.1 3.1 1.3 1.7 1.7 1.5 2.6 2.1 1.5 0 0.6 0 0 0 0.5 0 0 0 1.3 0 0 0 1.6 2.3 1.0 3.4 4.6 10.7 13.3 0 0 0 0 0 0 0
Short-Term Debt 3.0 3.1 0 0 0 3.0 0 2.8 2.7 0 1.6 0 1.7 0 1.4 1.4 1.3 1.2 1.2 1.2 1.1 0.7 0.4 0.3 0.6 0.6 0.3 0.2 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 11.1 6.3 4.2 3.0 2.1 1.4 4.0 6.4 6.5 6.7 (4.5) 2.5 5.4 0.2 8.8 7.8 6.1 3.6 7.8 6.4 7.3 2.6 9.5 6.0 5.0 1.3 0 0 0.2 0 0 0 9.4 11.0 7.0 8.1 5.8 9.5 8.6
Total Current Liabilities 18.9 16.4 14.7 15.4 14.1 15.2 15.8 13.1 11.8 23.0 5.2 6.8 7.2 6.7 10.2 9.3 7.6 8.6 9.0 7.6 8.4 7.9 9.9 6.3 5.6 4.7 2.6 1.2 3.6 4.6 10.7 13.3 9.4 11.0 7.0 8.1 5.8 9.5 8.6
Non-Current Liabilities
Long-Term Debt 6.1 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 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 0 0.6 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 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0.4 0.5 0.1 0.1 0.1 0.8 0.1 0.8 1.1 0.2 0 244.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.3 0 0 0 0 0 0 0 0 0 0
Total Non-Current Liabilities 6.5 7.9 7.6 8.6 9.4 10.2 10.9 11.7 12.8 13.6 9.1 248.0 9.9 4.0 10.7 11.0 11.4 11.8 12.1 12.4 12.7 11.4 11.5 10.3 10.3 0.6 0.4 0.3 0.3 0.3 0.3 0.4 0.4 0.5 0.5 0.5 0.6 0.2 0.1
Total Liabilities 25.4 24.3 22.3 24.1 23.5 25.4 26.7 24.8 24.6 36.5 14.4 254.8 17.1 10.6 20.9 20.3 19.0 20.4 21.1 20.0 21.1 19.3 21.4 16.6 15.9 5.3 2.9 1.4 3.9 4.9 11.1 13.7 9.8 11.4 7.5 8.7 6.4 9.7 8.7
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Retained Earnings (383.6) (352.6) (327.9) (307.0) (284.9) (262.3) (242.8) (222.6) (204.1) (187.2) (471.9) (175.0) (465.3) (150.8) (437.6) (424.5) (408.8) (393.5) (378.3) (362.9) (347.8) (332.8) (320.2) (317.9) (308.2) (299.5) (291.4) (232.3) (232.3) (230.1) (225.2) (210.2) (213.1) (198.5) (182.2) (170.4) (156.6) (148.3) (137.0)
Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 (0.2) 0 0.0 0 (0.1) (0.1) (91.9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.0) (0.0) (0.1) (0.1) (0.2) (0.2) (0.2) (0.0)
Total Stockholders' Equity 237.8 264.9 265.5 273.3 291.8 310.4 137.4 155.0 170.8 186.0 75.2 (169.1) 81.4 98.6 105.6 116.7 130.1 142.9 154.9 167.1 179.0 191.2 200.3 128.7 137.1 141.7 66.9 72.3 71.5 72.7 76.7 90.7 85.8 98.9 114.1 124.6 136.9 144.7 155.4
Total Liabilities & Equity 263.1 289.2 287.8 297.3 315.3 335.7 164.1 179.8 195.3 222.6 89.6 85.8 98.5 109.3 126.6 137.0 149.1 163.3 175.9 187.0 200.1 210.5 221.7 145.3 153.1 147.0 69.8 73.7 75.4 77.6 87.8 104.4 95.6 110.3 121.6 133.3 143.3 154.4 164.1
Debt Metrics
Total Debt 9.1 9.9 11.3 12.9 13.5 12.4 14.5 13.8 14.4 16.3 11.5 4.4 11.7 4.7 12.1 12.4 12.7 13.0 13.3 13.5 13.8 12.1 11.8 10.6 10.9 1.2 0.6 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Net Debt (115.0) (94.0) (59.7) (46.0) (57.2) (124.2) (52.1) (97.2) (135.7) (132.0) (13.8) (54.7) (23.8) (77.3) (28.3) (65.1) (115.3) (129.5) (142.5) (151.6) (165.4) (180.4) (190.2) (119.9) (128.5) (141.9) (65.7) (72.2) (74.2) (76.9) (86.7) (99.1) (66.6) (52.0) (47.1) (27.1) (20.9) (32.3) (86.2)
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3
Operating Activities
Net Income (30.9) (24.7) (21.0) (22.0) (22.6) (19.5) (20.2) (18.5) (16.9) 2.4 (14.6) (11.9) (12.3) (12.3) (13.1) (15.7) (15.4) (15.2) (15.4) (15.1) (14.9) (12.6) (2.2) (9.7) (8.6) (8.1) (59.1) (0.0) (4.9) (15.0) 2.9 (14.6) (16.3) (11.8) (13.8) (8.3) (11.2) (8.1)
Depreciation & Amortization 0.9 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.9 0.6 0.7 0.7 0.6 0.6 0.5 0.5 0.5 0.4 0.8 0.2 0 0 0 0 0 0 0 0 0 0 0 0 0
Stock-Based Compensation 0 0 0 3.4 4.0 2.5 2.5 2.3 1.0 0.4 0.4 0.4 0.3 0.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 1.2 3.4 (1.3) (0.4) (1.4) (0.9) 2.6 (1.1) (6.7) 1.3 1.6 1.2 (2.6) 0.9 1.1 1.4 (1.8) (0.6) 2.9 (1.7) (1.3) 0.7 (0.0) (0.6) 0.8 2.5 (0.4) (2.3) (5.7) (1.7) 4.5 (2.4) 3.6 (1.2) 2.3 (3.7) 1.5 0.1
Other Non-Cash Items 2.8 3.9 1.7 (1.2) (1.5) (0.4) (1.2) 0.6 0.1 (34.4) 0.2 0.2 0.2 (0.0) 2.6 2.4 2.4 3.1 3.7 2.6 2.4 1.7 1.3 1.0 1.2 1.0 52.9 0.9 1.1 1.6 1.8 1.4 1.6 (0.1) 1.3 0.8 1.3 0.7
Operating Cash Flow (26.1) (16.7) (19.7) (19.5) (20.8) (17.5) (15.6) (15.9) (21.6) (29.5) (11.6) (9.3) (13.6) (10.2) (8.8) (11.2) (14.1) (12.1) (8.2) (13.7) (13.4) (9.7) (0.5) (8.6) (6.4) (4.6) (6.6) (1.5) (9.5) (15.1) 9.2 (15.6) (11.1) (13.2) (10.1) (11.3) (8.4) (7.4)
Investing Activities
Capital Expenditure (0.3) (0.1) (0.1) (0.1) (0.8) (0.1) (0.2) (0.5) (0.1) 0.2 (0.1) (0.1) (0.0) (0.2) (0.3) (0.2) (0.5) (0.4) (0.5) (1.2) (1.1) (0.7) (0.5) (1.0) (0.1) (0.8) (0.1) (0.0) 0.0 0.0 (0.0) (0.0) (0.0) (0.1) (0.3) (0.1) (0.1) (0.3)
Acquisitions 0 0 0 0 0 0 0 0 0 (2.1) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.0) 0.2 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (83.5) (39.8) (78.1) (60.4) (89.0) (118.2) (16.7) 0 0 92.3 0 0 0 0 (41.2) (38.9) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1 (6.3) 0 0 (48.4) (21.6)
Sales/Maturities of Investments 130 69.8 100.7 68 44.7 15.8 8.8 19.1 30 (94.5) 0 0 0 0 14.7 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.2) 2.7 22.5 30 15.6 40.0 16.4 0 4.2 21.9
Other Investing Activities 0 0 0 0 0 0 (20.9) (42.3) 0 20.8 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 0 0 0
Investing Cash Flow 46.2 29.9 22.4 7.5 (45.0) (102.6) (29.0) (23.6) 29.9 16.7 (0.1) (0.1) (0.0) (0.2) (26.8) (39.1) (0.5) (0.4) (0.5) (1.2) (1.1) (0.7) (0.5) (1.0) (0.1) (0.8) 0.1 0 (0.2) 2.7 22.4 30.0 15.7 33.7 16.0 (0.1) (44.3) (0.0)
Financing Activities
Net Debt Issuance (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) 0.3 (0.0) (0.0) (0.0) 0 (0.1) (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) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.0)
Stock Repurchased 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 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 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 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 0 0 0 (0.0) 0.0 3.9 (0.0) 0.0 (6.5) 91.5 (1.8) (0.1) 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 0
Financing Cash Flow 0.2 20.6 9.9 0.1 0.0 190.1 0.1 0.4 (6.5) 92.0 (1.8) (0.1) 0.1 0.0 (0.1) 0.1 0.1 0.1 0.0 0.3 0.3 2.5 73.2 0.2 3.4 82.6 0.0 (0.0) (0.0) (0.0) 0.4 0.2 0.0 0.0 0.4 (0.0) (1.9) 72.5
Cash Position
Net Change in Cash 20.3 32.8 12.2 (12.0) (65.8) 70.0 (44.4) (39.1) 1.8 123.0 (13.5) (9.5) (46.5) (10.4) (37.2) (50.5) (14.4) (13.3) (9.3) (14.2) (13.3) (9.5) 71.6 (8.9) (3.7) 76.8 0 0 0 0 0 0 0 0 0 0 0 0
Cash at Beginning 103.8 71.0 58.8 71.1 136.9 67.0 111.4 150.1 148.7 25.2 59.0 68.5 82.0 92.4 77.5 128.1 142.5 155.8 165.1 179.3 192.6 202.0 130.5 139.4 143.1 66.3 72.7 74.2 86.7 99.1 66.6 52.0 47.1 27.1 20.9 32.3 0 0
Cash at End 124.2 103.8 71.0 59.2 71.1 136.9 67.0 111.0 150.5 148.2 45.6 59.0 35.5 82.0 40.3 77.5 128.1 142.5 155.8 165.1 179.3 192.6 202.0 130.5 139.4 143.1 66.3 72.7 76.9 86.7 99.1 66.6 52.0 47.1 27.1 20.9 32.3 86.2
Free Cash Flow (26.4) (16.8) (19.8) (19.6) (21.6) (17.6) (15.7) (16.4) (21.7) (29.3) (11.7) (9.4) (13.6) (10.4) (9.1) (11.4) (14.5) (12.5) (8.7) (14.9) (14.4) (10.4) (1.1) (9.5) (6.5) (5.4) (6.7) (1.5) (9.5) (15.1) 9.2 (15.6) (11.1) (13.2) (10.5) (11.4) (8.5) (7.7)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3
Income Statement
Revenue 0 0 0 0 0 0 0 0.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 25 0 0 0 0 0 0 0
Gross Profit (0.9) (0.8) 0 0 0 (15.3) 0 0.1 (0.8) (12.2) 0 0 (0.8) (0.6) (10.8) (0.7) (0.7) (0.6) (0.6) (0.5) (0.5) (0.5) (0.4) (0.8) (0.2) 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Income (33.3) (27.5) (23.8) (26.1) (25.9) (21.5) (22.2) (20.1) (18.8) (14.7) (15.2) (12.6) (13.0) (14.3) (13) (15.9) (15.4) (15.2) (15.5) (15.1) (14.9) (12.6) (10.1) (9.8) (9.1) (8.3) (11.6) (2.2) (2.4) (4.3) (6.7) 2.5 (15.0) (16.5) (12.1) (14.0) (8.5) (11.5) (8.3)
Net Income (30.9) (24.7) (21.0) (22.0) (22.6) (19.5) (20.2) (18.5) (16.9) 2.4 (14.6) (11.9) (12.3) (13.4) (12.5) (15.7) (15.4) (15.2) (15.4) (15.1) (14.9) (12.6) (2.2) (9.7) (8.6) (8.1) (59.1) (0.0) (2.2) (4.9) (15.0) 2.9 (14.6) (16.3) (11.8) (13.8) (8.3) (11.2) (8.1)
EPS (Diluted) -1.39 -1.60 -0.99 -1.05 -1.08 -1.31 -1.19 -1.09 -1.00 -1.21 -0.41 -0.21 -0.26 -0.32 -2.36 -0.28 -0.28 -0.36 -0.28 -0.27 -0.27 -0.30 -0.04 -0.20 -0.18 -0.23 -2.26 -0.09 -0.21 -0.64 0.12 -0.62 -0.69 -0.50 -0.59 -0.36 -0.48 -0.46
Balance Sheet
Cash & Equivalents 124.2 103.8 71.0 58.8 70.8 136.6 66.6 111.0 150.1 148.2 25.2 59.0 35.5 82.0 40.3 77.5 128.1 142.5 155.8 165.1 179.3 192.6 202.0 130.5 139.4 143.1 66.3 72.7 74.2 76.9 86.7 99.1 66.6 52.0 47.1 27.1 20.9 32.3 86.2
Total Assets 263.1 289.2 287.8 297.3 315.3 335.7 164.1 179.8 195.3 222.6 89.6 85.8 98.5 109.3 126.6 137.0 149.1 163.3 175.9 187.0 200.1 210.5 221.7 145.3 153.1 147.0 69.8 73.7 75.4 77.6 87.8 104.4 95.6 110.3 121.6 133.3 143.3 154.4 164.1
Total Debt 9.1 9.9 11.3 12.9 13.5 12.4 14.5 13.8 14.4 16.3 11.5 4.4 11.7 4.7 12.1 12.4 12.7 13.0 13.3 13.5 13.8 12.1 11.8 10.6 10.9 1.2 0.6 0.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Stockholders' Equity 237.8 264.9 265.5 273.3 291.8 310.4 137.4 155.0 170.8 186.0 75.2 (169.1) 81.4 98.6 105.6 116.7 130.1 142.9 154.9 167.1 179.0 191.2 200.3 128.7 137.1 141.7 66.9 72.3 71.5 72.7 76.7 90.7 85.8 98.9 114.1 124.6 136.9 144.7 155.4
Cash Flow
Operating Cash Flow (26.1) (16.7) (19.7) (19.5) (20.8) (17.5) (15.6) (15.9) (21.6) (29.5) (11.6) (9.3) (13.6) (10.2) (8.8) (11.2) (14.1) (12.1) (8.2) (13.7) (13.4) (9.7) (0.5) (8.6) (6.4) (4.6) (6.6) (1.5) (9.5) (15.1) 9.2 (15.6) (11.1) (13.2) (10.1) (11.3) (8.4) (7.4)
Capital Expenditure (0.3) (0.1) (0.1) (0.1) (0.8) (0.1) (0.2) (0.5) (0.1) 0.2 (0.1) (0.1) (0.0) (0.2) (0.3) (0.2) (0.5) (0.4) (0.5) (1.2) (1.1) (0.7) (0.5) (1.0) (0.1) (0.8) (0.1) (0.0) 0.0 0.0 (0.0) (0.0) (0.0) (0.1) (0.3) (0.1) (0.1) (0.3)
Free Cash Flow (26.4) (16.8) (19.8) (19.6) (21.6) (17.6) (15.7) (16.4) (21.7) (29.3) (11.7) (9.4) (13.6) (10.4) (9.1) (11.4) (14.5) (12.5) (8.7) (14.9) (14.4) (10.4) (1.1) (9.5) (6.5) (5.4) (6.7) (1.5) (9.5) (15.1) 9.2 (15.6) (11.1) (13.2) (10.5) (11.4) (8.5) (7.7)