PEPG - PepGen Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$4.00
DETAILS
HIGH:
$4.00
LOW:
$4.00
MEDIAN:
$4.00
CONSENSUS:
$4.00
UPSIDE:
27.39%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of Revenue | 1.4 | 1.5 | 1.2 | 0 | 0 | 0 | 0.1 |
| Gross Profit | (1.4) | (1.5) | (1.2) | 0 | 0 | 0 | (0.1) |
| Operating Expenses | |||||||
| R&D Expenses | 71.0 | 76.5 | 68.1 | 54.1 | 23.8 | 1.1 | 0.6 |
| SG&A Expenses | 22.6 | 21.3 | 16.6 | 14.2 | 8.1 | 0.9 | 0.6 |
| Other Expenses | (1.4) | (1.5) | (1.2) | 0 | (4.8) | (0.1) | 0 |
| Operating Expenses | 92.2 | 96.2 | 83.6 | 68.3 | 27.1 | 1.9 | 1.2 |
| Operating Income | |||||||
| Operating Income | (93.6) | (97.7) | (84.8) | (68.3) | (27.1) | (1.9) | (1.4) |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 4.0 | 7.1 | 6.4 | 2.8 | 0 | 0.0 | 0.0 |
| Profitability | |||||||
| EBITDA | (88.2) | (89.1) | (77.4) | (64.9) | (27.1) | (1.8) | (1.2) |
| EBIT | (89.6) | (90.6) | (78.6) | (65.4) | (27.3) | (1.9) | (1.4) |
| Income Before Tax | (89.6) | (90.6) | (78.6) | (65.4) | (27.3) | (1.9) | (1.3) |
| Income Tax Expense | 0.0 | (0.6) | 0.1 | 3.7 | 0 | 0 | 0 |
| Net Income | (89.7) | (90.0) | (78.6) | (69.1) | (27.3) | (1.9) | (1.3) |
| Per Share Data | |||||||
| EPS (Basic) | -2.12 | -2.85 | -3.30 | -4.42 | -1.22 | -0.53 | -0.06 |
| EPS (Diluted) | -2.12 | -2.85 | -3.30 | -4.42 | -1.22 | -0.18 | -0.06 |
| Shares Outstanding | 42.2 | 31.6 | 23.8 | 15.6 | 22.4 | 7.7 | 22.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 60.5 | 49.4 | 80.8 | 181.8 | 132.9 | 9.8 | 3.5 |
| Short-Term Investments | 87.9 | 70.8 | 29.6 | 0 | 0 | 0 | 0 |
| Net Receivables | 0 | 0 | 0 | 0.1 | 4.7 | 0.4 | 0.2 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 2.5 | 3.6 | 2.3 | 4.3 | 0 | 0 | 0 |
| Total Current Assets | 151.0 | 123.8 | 112.7 | 186.1 | 140.0 | 10.3 | 3.8 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 21.0 | 25.1 | 28.4 | 29.9 | 0.6 | 0.3 | 0.4 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 1.5 | 0 | 0 |
| Other Non-Current Assets | 1.9 | 2.0 | 2.0 | 1.5 | 1.5 | 0 | 0 |
| Total Non-Current Assets | 22.9 | 27.1 | 30.4 | 31.4 | 3.7 | 0.3 | 0.4 |
| Total Assets | 173.9 | 150.9 | 143.1 | 217.4 | 143.6 | 10.6 | 4.2 |
| Current Liabilities | |||||||
| Account Payables | 0.8 | 1.8 | 1.0 | 1.4 | 3.2 | 0.7 | 0.1 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 4.7 | 3.6 | 2.4 | 2.4 | 1.2 | 0.0 | 0 |
| Total Current Liabilities | 12.6 | 16.7 | 17.5 | 18.8 | 10.3 | 0.8 | 0.3 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 13.8 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0.2 | 0.0 | 0 |
| Total Non-Current Liabilities | 13.8 | 15.6 | 17.1 | 19.0 | 0.2 | 0.0 | 0 |
| Total Liabilities | 26.5 | 32.3 | 34.6 | 37.8 | 10.5 | 0.9 | 0.3 |
| Stockholders' Equity | |||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0 | 0 |
| Retained Earnings | (361.1) | (271.5) | (181.5) | (102.9) | (33.8) | (6.5) | (2.4) |
| Accumulated Other Comprehensive Income | 0.0 | 0.0 | 0.0 | (0.1) | 0.0 | (0.0) | (0.0) |
| Total Stockholders' Equity | 147.4 | 118.6 | 108.4 | 179.6 | 133.1 | 9.8 | 3.9 |
| Total Liabilities & Equity | 173.9 | 150.9 | 143.1 | 217.4 | 143.6 | 10.6 | 4.2 |
| Debt Metrics | |||||||
| Total Debt | 17.0 | 18.7 | 20.1 | 24.5 | 0 | 0 | 0 |
| Net Debt | (43.5) | (30.8) | (60.7) | (157.2) | (132.9) | (9.8) | (3.5) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | (89.7) | (90.0) | (78.6) | (69.1) | (27.3) | (1.9) | (1.3) |
| Depreciation & Amortization | 5.1 | 5.3 | 0.8 | 0.5 | 0.2 | 0.1 | 0.1 |
| Stock-Based Compensation | 10.6 | 11.5 | 7.0 | 4.8 | 1.5 | 0.1 | 0 |
| Change in Working Capital | (6.2) | (5.2) | 2.0 | 4.5 | 2.8 | 0.0 | 0.3 |
| Other Non-Cash Items | (1.5) | (3.9) | (0.2) | 0.1 | 0.2 | 0 | 0.1 |
| Operating Cash Flow | (81.6) | (82.4) | (69.0) | (59.3) | (22.6) | (1.7) | (0.9) |
| Investing Activities | |||||||
| Capital Expenditure | (0.3) | (0.5) | (2.6) | (3.8) | (0.5) | (0.0) | (0.0) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (94.0) | (145.2) | (29.4) | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 79 | 108 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investing Cash Flow | (15.2) | (37.7) | (32.0) | (3.8) | (0.5) | (0.0) | (0.0) |
| Financing Activities | |||||||
| Net Debt Issuance | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (0.4) | (0.5) | (0.4) | (2.1) | (1.4) | (0.0) | 0 |
| Financing Cash Flow | 108.0 | 88.7 | (0.2) | 112.2 | 147.7 | 8.0 | 2.8 |
| Cash Position | |||||||
| Net Change in Cash | 11.1 | (31.4) | (100.9) | 48.9 | 124.6 | 6.3 | 1.9 |
| Cash at Beginning | 51.0 | 82.3 | 183.2 | 134.4 | 9.8 | 3.5 | 1.6 |
| Cash at End | 62.1 | 51.0 | 82.3 | 183.2 | 134.4 | 9.8 | 3.5 |
| Free Cash Flow | (81.9) | (82.9) | (71.6) | (63.0) | (23.1) | (1.7) | (0.9) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | (1.4) | (1.5) | (1.2) | 0 | 0 | 0 | (0.1) |
| Operating Income | (93.6) | (97.7) | (84.8) | (68.3) | (27.1) | (1.9) | (1.4) |
| Net Income | (89.7) | (90.0) | (78.6) | (69.1) | (27.3) | (1.9) | (1.3) |
| EPS (Diluted) | -2.12 | -2.85 | -3.30 | -4.42 | -1.22 | -0.18 | -0.06 |
| Balance Sheet | |||||||
| Cash & Equivalents | 60.5 | 49.4 | 80.8 | 181.8 | 132.9 | 9.8 | 3.5 |
| Total Assets | 173.9 | 150.9 | 143.1 | 217.4 | 143.6 | 10.6 | 4.2 |
| Total Debt | 17.0 | 18.7 | 20.1 | 24.5 | 0 | 0 | 0 |
| Stockholders' Equity | 147.4 | 118.6 | 108.4 | 179.6 | 133.1 | 9.8 | 3.9 |
| Cash Flow | |||||||
| Operating Cash Flow | (81.6) | (82.4) | (69.0) | (59.3) | (22.6) | (1.7) | (0.9) |
| Capital Expenditure | (0.3) | (0.5) | (2.6) | (3.8) | (0.5) | (0.0) | (0.0) |
| Free Cash Flow | (81.9) | (82.9) | (71.6) | (63.0) | (23.1) | (1.7) | (0.9) |