Septerna, Inc. logo SEPN - Septerna, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 6
HOLD 0
SELL 0
STRONG
SELL 0
| PRICE TARGET: $41.75 DETAILS
HIGH: $60.00
LOW: $34.00
MEDIAN: $36.50
CONSENSUS: $41.75
UPSIDE: 47.21%
Annual Quarterly
Metric 2025 2024 2023
Revenue
Revenue 46.0 1.1 0.2
Cost of Revenue 0 0 0
Gross Profit 46.0 1.1 0.2
Operating Expenses
R&D Expenses 97.6 65.3 36.0
SG&A Expenses 29.2 16.6 9.7
Other Expenses 0 0 (47.6)
Operating Expenses 126.7 81.9 (1.9)
Operating Income
Operating Income (80.8) (80.8) 2.1
Interest Expense 0 0 0
Interest Income 19.5 8.6 2.8
Profitability
EBITDA (79.2) (79.4) (44.7)
EBIT (80.8) (80.8) (45.5)
Income Before Tax (48.9) (72.3) 4.9
Income Tax Expense 0.0 (0.5) 0.7
Net Income (48.9) (71.8) 4.2
Per Share Data
EPS (Basic) -1.10 -1.93 0.03
EPS (Diluted) -1.10 -1.93 0.03
Shares Outstanding 44.3 37.2 19.5
Metric 2025 2024 2023 2022
Current Assets
Cash & Cash Equivalents 120.7 238.2 88.5 30.6
Short-Term Investments 270.4 112.7 0 0
Net Receivables 10.4 1.1 22.8 0
Inventory 0 0 0 0
Other Current Assets 9.5 0.2 0.1 0.2
Total Current Assets 411.0 356.8 112.7 31.9
Non-Current Assets
Property, Plant & Equipment 25.9 28.7 17.2 3.1
Goodwill 0 0 0 0
Intangible Assets 0 0 0 0
Long-Term Investments 0 69.9 0 0
Other Non-Current Assets 159.3 1.2 1.0 1.1
Total Non-Current Assets 185.2 99.7 18.2 4.2
Total Assets 596.2 456.6 130.9 36.1
Current Liabilities
Account Payables 10.3 3.2 2.6 3.1
Short-Term Debt 2.2 0 0 0
Deferred Revenue 62.3 0 0 0
Other Current Liabilities 12.2 4.2 3.0 1.8
Total Current Liabilities 86.9 12.8 6.9 5.5
Non-Current Liabilities
Long-Term Debt 21.4 0 0 0
Deferred Tax Liabilities 0 0 0 0
Other Non-Current Liabilities 105.9 0.0 149.8 74.8
Total Non-Current Liabilities 127.3 23.7 162.3 74.8
Total Liabilities 214.3 36.5 169.2 80.3
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0
Retained Earnings (167.3) (118.4) (46.6) (50.8)
Accumulated Other Comprehensive Income 0.6 0.1 0 0
Total Stockholders' Equity 381.9 420.0 (38.4) (44.2)
Total Liabilities & Equity 596.2 456.6 130.9 36.1
Debt Metrics
Total Debt 23.6 25.5 12.6 0.7
Net Debt (97.1) (212.7) (75.9) (29.9)
Metric 2025 2024 2023 2022
Operating Activities
Net Income (48.9) (71.8) 4.2 (27.7)
Depreciation & Amortization 1.6 1.4 0.8 0.6
Stock-Based Compensation 8.5 3.2 1.6 1.5
Change in Working Capital 162.8 0.2 0.9 1.7
Other Non-Cash Items (13.8) 0.0 (46.8) 0.5
Operating Cash Flow 110.2 (67.5) (38.7) (23.3)
Investing Activities
Capital Expenditure (0.5) (2.1) (2.9) (1.3)
Acquisitions 12.5 0 0 0
Purchases of Investments (450.9) (213.4) 0 0
Sales/Maturities of Investments 209.6 32.3 0 0
Other Investing Activities 0 22.6 25 0
Investing Cash Flow (229.4) (160.6) 22.1 (1.3)
Financing Activities
Net Debt Issuance 0 0 0 0
Stock Repurchased (0.0) (0.0) (0.0) 0
Dividends Paid 0 0 0 0
Other Financing Activities 0 0.1 0 0.1
Financing Cash Flow 1.7 377.8 74.5 30.1
Cash Position
Net Change in Cash (117.5) 149.7 57.9 5.5
Cash at Beginning 239.1 89.4 31.5 26.0
Cash at End 121.6 239.1 89.4 31.5
Free Cash Flow 109.7 (69.6) (41.6) (24.6)
Key Metrics 2025 2024 2023
Income Statement
Revenue 46.0 1.1 0.2
Gross Profit 46.0 1.1 0.2
Operating Income (80.8) (80.8) 2.1
Net Income (48.9) (71.8) 4.2
EPS (Diluted) -1.10 -1.93 0.03
Balance Sheet
Cash & Equivalents 120.7 238.2 88.5 30.6
Total Assets 596.2 456.6 130.9 36.1
Total Debt 23.6 25.5 12.6 0.7
Stockholders' Equity 381.9 420.0 (38.4) (44.2)
Cash Flow
Operating Cash Flow 110.2 (67.5) (38.7) (23.3)
Capital Expenditure (0.5) (2.1) (2.9) (1.3)
Free Cash Flow 109.7 (69.6) (41.6) (24.6)