TECX - Tectonic Therapeutic, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$72.00
DETAILS
HIGH:
$81.00
LOW:
$60.00
MEDIAN:
$75.00
CONSENSUS:
$72.00
UPSIDE:
89.82%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of Revenue | 0 | 0 | 0 | 0 | 0 | 1.2 | 0.8 | 0.4 | 0.0 | 0 |
| Gross Profit | 0 | 0 | 0 | 0 | 0 | (1.2) | (0.8) | (0.4) | (0.0) | 0 |
| Operating Expenses | ||||||||||
| R&D Expenses | 63.5 | 41.4 | 37.0 | 25.7 | 11.0 | 86.0 | 55.0 | 35.1 | 15.2 | 2.7 |
| SG&A Expenses | 20.5 | 16.7 | 7.7 | 7.2 | 4.6 | 33.0 | 20.0 | 10.8 | 3.1 | 2.0 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 84.0 | 58.0 | 44.6 | 32.8 | 15.6 | 119.0 | 75.0 | 45.9 | 18.3 | 4.6 |
| Operating Income | ||||||||||
| Operating Income | (84.0) | (58.0) | (44.6) | (32.8) | (15.6) | (120.2) | (75.8) | (46.2) | (18.4) | (4.6) |
| Interest Expense | 0.1 | 0.1 | 0.2 | 0.1 | 0.2 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 11.3 | 4.3 | 0.6 | 0.1 | 0 | 0.7 | 2.9 | 1.7 | 0.1 | 0.0 |
| Profitability | ||||||||||
| EBITDA | (71.5) | (56.2) | (41.2) | (31.0) | (8.1) | (118.5) | (72.1) | (46.0) | (18.6) | (4.7) |
| EBIT | (72.9) | (57.9) | (42.7) | (32.0) | (8.5) | (119.7) | (73.0) | (46.4) | (18.6) | (4.7) |
| Income Before Tax | (72.9) | (58.0) | (42.8) | (32.2) | (8.9) | (119.7) | (73.0) | (46.4) | (18.6) | (4.7) |
| Income Tax Expense | 1.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | (74.2) | (58.0) | (42.8) | (32.2) | (8.9) | (119.7) | (73.0) | (46.4) | (18.6) | (4.7) |
| Per Share Data | ||||||||||
| EPS (Basic) | -4.05 | -3.93 | -11.59 | -29.05 | -33.36 | -39.68 | -31.92 | -23.41 | -9.35 | -2.34 |
| EPS (Diluted) | -4.05 | -3.93 | -11.53 | -29.05 | -33.36 | -39.68 | -31.92 | -23.41 | -9.35 | -2.34 |
| Shares Outstanding | 18.3 | 14.8 | 3.7 | 3.6 | 3.6 | 3.0 | 2.3 | 2.0 | 2.0 | 2.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 253.8 | 141.2 | 28.8 | 36.0 | 28.1 | 259.7 | 187.0 | 126.3 | 6.0 | 5.4 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 0 | 0 | 0 | 0 | 0 | 2.6 | 2.1 | 1.5 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 3.6 | 5.6 | 2.1 | 1.1 | 0.6 | 0.3 | 0.6 | 0.8 | 0.1 | 0.0 |
| Total Current Assets | 257.4 | 146.9 | 30.9 | 37.0 | 28.6 | 267.2 | 195.7 | 130.0 | 6.3 | 5.4 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 2.6 | 5.3 | 7.2 | 9.6 | 3.7 | 3.1 | 3.7 | 2.6 | 0.3 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0.6 | 0 | 0 | 0 | 0.5 | 0.5 | 0.5 | 0.0 | 0.0 |
| Other Non-Current Assets | 1.1 | 0.2 | 1.3 | 0.6 | 0.6 | 0.4 | 0.6 | 0.3 | 0.3 | 0 |
| Total Non-Current Assets | 3.7 | 6.0 | 8.5 | 10.2 | 4.3 | 4.0 | 4.8 | 3.5 | 0.7 | 0.0 |
| Total Assets | 261.0 | 152.9 | 39.4 | 47.2 | 32.9 | 271.2 | 200.5 | 133.5 | 7.0 | 5.4 |
| Current Liabilities | ||||||||||
| Account Payables | 1.1 | 1.0 | 0.4 | 0.6 | 1.8 | 2.7 | 3.9 | 2.8 | 0.5 | 0.3 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 4.1 | 3.6 | 33.4 | 2.7 | 1.8 | 7.5 | 7.0 | 5.2 | 1.3 | 0.2 |
| Total Current Liabilities | 9.7 | 11.6 | 40.9 | 7.8 | 4.1 | 16.6 | 14.0 | 10.6 | 2.6 | 0.9 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 80.6 | 80.7 | 43.0 | 0.3 | 0.5 | 0.7 | 1.0 | 0.1 |
| Total Non-Current Liabilities | 0.0 | 0.5 | 83.1 | 85.0 | 43.7 | 0.3 | 0.5 | 0.7 | 1.0 | 0.1 |
| Total Liabilities | 9.7 | 12.1 | 124.0 | 92.9 | 47.8 | 16.9 | 14.5 | 11.3 | 3.7 | 1.0 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.0 | 0.0 | 0 | 0 | 0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (222.7) | (148.6) | (90.6) | (47.8) | (15.6) | (264.4) | (144.7) | (71.7) | (23.5) | (4.8) |
| Accumulated Other Comprehensive Income | (0.1) | 0.0 | (0.0) | 0 | 0 | 0 | 0 | 0 | (0.0) | (0.0) |
| Total Stockholders' Equity | 251.3 | 140.8 | (84.6) | (45.7) | (15.0) | 254.3 | 186.0 | 122.2 | 3.4 | 4.4 |
| Total Liabilities & Equity | 261.0 | 152.9 | 39.4 | 47.2 | 32.9 | 271.2 | 200.5 | 133.5 | 7.0 | 5.4 |
| Debt Metrics | ||||||||||
| Total Debt | 1.3 | 3.3 | 4.3 | 5.8 | 1.1 | 0 | 0 | 0 | 0 | 0 |
| Net Debt | (252.5) | (137.9) | (24.4) | (30.2) | (27.0) | (259.7) | (187.0) | (126.3) | (6.0) | (5.4) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (74.2) | (58.0) | (42.8) | (0.0) | (8.9) | (119.7) | (73.0) | (46.4) | (18.6) | (4.7) |
| Depreciation & Amortization | 1.4 | 1.6 | 1.5 | 0.0 | 0.4 | 1.2 | 0.8 | 0.4 | 0.0 | 0 |
| Stock-Based Compensation | 10.5 | 3.5 | 1.1 | 0.0 | 0.6 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (0.1) | (10.3) | (0.6) | (7.4) | 1.9 | 4.2 | (2.2) | 4.2 | 1.6 | 0.7 |
| Other Non-Cash Items | 2.3 | 4.0 | 0.1 | (89.8) | (6.4) | 15.5 | 6.6 | 2.9 | 0.5 | 0.5 |
| Operating Cash Flow | (60.1) | (59.1) | (40.7) | (97.2) | (12.5) | (98.8) | (67.7) | (37.6) | (16.4) | (3.3) |
| Investing Activities | ||||||||||
| Capital Expenditure | (0.2) | (0.2) | (0.3) | (0.3) | (2.1) | (1.2) | (1.6) | (1.8) | (0.4) | 0 |
| Acquisitions | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investing Cash Flow | (0.1) | (0.2) | (0.3) | (0.3) | (2.1) | (1.2) | (1.6) | (1.8) | (0.4) | (0.0) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (0.5) | (0.5) | (0.5) | (0.4) | 3.6 | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (0.5) | 77.6 | 0.1 | 0.4 | 0 | 0 | 0 | 0 | (0.0) | 8.7 |
| Financing Cash Flow | 173.4 | 171.7 | 33.7 | 0.3 | 41.4 | 172.6 | 130.0 | 160.3 | 17.4 | 8.7 |
| Cash Position | ||||||||||
| Net Change in Cash | 113.0 | 112.5 | (7.2) | (96.7) | 26.8 | 72.6 | 60.7 | 120.3 | 0.6 | 5.4 |
| Cash at Beginning | 141.8 | 29.4 | 36.6 | 189.6 | 1.8 | 187.0 | 126.3 | 6.0 | 5.4 | 0 |
| Cash at End | 254.9 | 141.8 | 29.4 | 92.8 | 28.6 | 259.7 | 187.0 | 126.3 | 6.0 | 5.4 |
| Free Cash Flow | (60.3) | (59.2) | (41.0) | (97.5) | (14.6) | (100.0) | (69.3) | (39.5) | (16.8) | (3.3) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 0 | 0 | 0 | (1.2) | (0.8) | (0.4) | (0.0) | 0 |
| Operating Income | (84.0) | (58.0) | (44.6) | (32.8) | (15.6) | (120.2) | (75.8) | (46.2) | (18.4) | (4.6) |
| Net Income | (74.2) | (58.0) | (42.8) | (32.2) | (8.9) | (119.7) | (73.0) | (46.4) | (18.6) | (4.7) |
| EPS (Diluted) | -4.05 | -3.93 | -11.53 | -29.05 | -33.36 | -39.68 | -31.92 | -23.41 | -9.35 | -2.34 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 253.8 | 141.2 | 28.8 | 36.0 | 28.1 | 259.7 | 187.0 | 126.3 | 6.0 | 5.4 |
| Total Assets | 261.0 | 152.9 | 39.4 | 47.2 | 32.9 | 271.2 | 200.5 | 133.5 | 7.0 | 5.4 |
| Total Debt | 1.3 | 3.3 | 4.3 | 5.8 | 1.1 | 0 | 0 | 0 | 0 | 0 |
| Stockholders' Equity | 251.3 | 140.8 | (84.6) | (45.7) | (15.0) | 254.3 | 186.0 | 122.2 | 3.4 | 4.4 |
| Cash Flow | ||||||||||
| Operating Cash Flow | (60.1) | (59.1) | (40.7) | (97.2) | (12.5) | (98.8) | (67.7) | (37.6) | (16.4) | (3.3) |
| Capital Expenditure | (0.2) | (0.2) | (0.3) | (0.3) | (2.1) | (1.2) | (1.6) | (1.8) | (0.4) | 0 |
| Free Cash Flow | (60.3) | (59.2) | (41.0) | (97.5) | (14.6) | (100.0) | (69.3) | (39.5) | (16.8) | (3.3) |