VIR - Vir Biotechnology, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$21.14
DETAILS
HIGH:
$30.00
LOW:
$18.00
MEDIAN:
$20.00
CONSENSUS:
$21.14
UPSIDE:
130.03%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||
| Revenue | 68.6 | 74.2 | 86.2 | 1,615.8 | 1,095.4 | 67.2 | 0.7 | 0.9 | 0.1 |
| Cost of Revenue | 11.7 | 478.6 | 572.8 | 621.0 | 513.9 | 0 | 0 | 100.2 | 62.5 |
| Gross Profit | 56.9 | (404.4) | (486.6) | 994.8 | 581.5 | 67.2 | 0.7 | (99.4) | (62.4) |
| Operating Expenses | |||||||||
| R&D Expenses | 432.8 | 506.5 | 579.7 | 474.6 | 448.0 | 302.4 | 148.5 | 100.2 | 62.5 |
| SG&A Expenses | 92.1 | 0 | 0 | 0 | 0 | 70.9 | 37.6 | 29.1 | 21.7 |
| Other Expenses | 0 | (323.8) | (382.1) | (312.9) | (287.2) | (9.1) | (7.4) | (0.2) | 0.1 |
| Operating Expenses | 524.9 | 182.7 | 197.7 | 161.8 | 160.8 | 364.2 | 178.7 | 119.6 | 81.6 |
| Operating Income | |||||||||
| Operating Income | (468.0) | (587.2) | (684.3) | 833.1 | 420.8 | (297.0) | (178.0) | (118.7) | (81.5) |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 40.2 | 71.8 | 87.0 | 28.1 | 0.4 | 2.8 | 8.5 | 2.5 | 0.6 |
| Profitability | |||||||||
| EBITDA | (426.1) | (508.9) | (641.6) | 839.9 | 426.6 | (291.5) | (173.5) | (115.9) | (81.1) |
| EBIT | (437.8) | (523.5) | (661.1) | 833.1 | 420.8 | (297.0) | (178.0) | (118.7) | (81.5) |
| Income Before Tax | (437.8) | (523.1) | (628.2) | 754.3 | 549.8 | (298.6) | (174.5) | (116.4) | (80.8) |
| Income Tax Expense | 0.2 | (1.1) | (13.1) | 238.4 | 21.2 | 0.1 | 0.2 | (0.5) | (10.9) |
| Net Income | (438.0) | (522.0) | (615.1) | 515.8 | 528.6 | (298.7) | (174.7) | (115.9) | (69.9) |
| Per Share Data | |||||||||
| EPS (Basic) | -3.16 | -3.83 | -4.59 | 3.89 | 4.07 | -2.51 | -1.62 | -1.20 | -10.02 |
| EPS (Diluted) | -3.16 | -3.83 | -4.59 | 3.83 | 3.96 | -2.51 | -1.62 | -1.20 | -10.02 |
| Shares Outstanding | 138.5 | 136.2 | 134.1 | 132.6 | 129.9 | 119.2 | 107.6 | 96.9 | 7.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||
| Cash & Cash Equivalents | 234.1 | 222.9 | 241.6 | 848.6 | 347.8 | 436.6 | 109.3 | 47.6 | 187.9 |
| Short-Term Investments | 228.8 | 682.4 | 1,280.8 | 1,553.4 | 360.3 | 300.3 | 274.1 | 50.8 | 0 |
| Net Receivables | 3.6 | 0 | 0 | 0 | 773.1 | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 47.6 | 137.1 | 65.8 | 59.2 | 8.6 | 8.0 | 6.2 | 10.8 | 0 |
| Total Current Assets | 514.1 | 1,042.5 | 1,588.2 | 2,519.1 | 1,562.8 | 772.4 | 403.0 | 117.8 | 192.3 |
| Non-Current Assets | |||||||||
| Property, Plant & Equipment | 117.7 | 122.9 | 167.2 | 188.2 | 130.1 | 79.9 | 16.3 | 12.3 | 5.1 |
| Goodwill | 16.9 | 16.9 | 16.9 | 16.9 | 16.9 | 16.9 | 16.9 | 16.9 | 16.9 |
| Intangible Assets | 7.8 | 8.1 | 22.6 | 32.8 | 33.3 | 33.8 | 35.7 | 36.9 | 35.9 |
| Long-Term Investments | 314.6 | 190.0 | 105.3 | 23.9 | 201.4 | 0 | 24.3 | 7.7 | 1.0 |
| Other Non-Current Assets | 31.7 | 18.4 | 18.9 | (228.5) | 9.8 | 15.7 | 15.8 | 7.7 | 1.3 |
| Total Non-Current Assets | 488.7 | 356.3 | 330.8 | 283.0 | 391.4 | 146.4 | 109.0 | 73.8 | 59.2 |
| Total Assets | 1,002.8 | 1,398.8 | 1,919.1 | 2,802.1 | 1,954.3 | 918.8 | 512.1 | 191.6 | 251.6 |
| Current Liabilities | |||||||||
| Account Payables | 9.8 | 5.1 | 6.3 | 6.4 | 6.5 | 5.1 | 5.9 | 6.5 | 4.9 |
| Short-Term Debt | 8.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 12.6 | 64.9 | 15.5 | 98.2 | 6.5 | 6.2 | 8.8 | 0 |
| Other Current Liabilities | 74.2 | 16.1 | 9.4 | 7.7 | 0 | 10.6 | 22.1 | 22.0 | 0 |
| Total Current Liabilities | 92.8 | 119.7 | 175.4 | 511.0 | 341.2 | 99.1 | 59.2 | 39.9 | 12.4 |
| Non-Current Liabilities | |||||||||
| Long-Term Debt | 89.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 3.3 | 18.4 | 3.3 | 3.3 | 3.3 | 3.3 |
| Other Non-Current Liabilities | (33.4) | 38.6 | 40.2 | 32.8 | 25.4 | 29.2 | 12.9 | 10.8 | 10.4 |
| Total Non-Current Liabilities | 144.7 | 128.8 | 153.4 | 213.1 | 181.2 | 102.8 | 28.9 | 330.9 | 308.0 |
| Total Liabilities | 237.5 | 248.4 | 328.8 | 724.1 | 522.4 | 201.9 | 88.1 | 370.8 | 320.5 |
| Stockholders' Equity | |||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (1,197.8) | (759.8) | (237.8) | 377.2 | (138.6) | (667.2) | (368.5) | (193.8) | (78.0) |
| Accumulated Other Comprehensive Income | (2.1) | (1.7) | (0.8) | (9.1) | (1.1) | (1.3) | (0.6) | (0.0) | (292.5) |
| Total Stockholders' Equity | 765.3 | 1,150.4 | 1,590.2 | 2,078.0 | 1,431.8 | 716.9 | 423.9 | (179.2) | (68.9) |
| Total Liabilities & Equity | 1,002.8 | 1,398.8 | 1,919.1 | 2,802.1 | 1,954.3 | 918.8 | 512.1 | 191.6 | 251.6 |
| Debt Metrics | |||||||||
| Total Debt | 186.9 | 97.9 | 124.5 | 128.0 | 137.5 | 70.2 | 0.2 | 10.1 | 0 |
| Net Debt | (47.2) | (125.1) | (117.0) | (720.7) | (210.3) | (366.4) | (109.1) | (37.5) | (187.9) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Net Income | (438.0) | (522.0) | (615.1) | 515.8 | 528.6 | (298.7) | (174.7) | (115.9) | (69.9) |
| Depreciation & Amortization | 21.2 | 14.6 | 19.5 | 6.8 | 5.8 | 5.4 | 4.5 | 2.8 | 0.4 |
| Stock-Based Compensation | 49.1 | 78.5 | 0 | 102.1 | 83.8 | 27.6 | 8.7 | 5.1 | 4.8 |
| Change in Working Capital | (22.4) | (84.0) | (304.6) | 665.4 | (628.4) | 29.5 | 8.2 | 12.5 | 4.9 |
| Other Non-Cash Items | (1.6) | 69.5 | 122.5 | 388.4 | (52.6) | 45.2 | 23.6 | 2.0 | 4.3 |
| Operating Cash Flow | (391.8) | (446.4) | (778.8) | 1,663.3 | (47.6) | (190.9) | (129.6) | (94.1) | (66.4) |
| Investing Activities | |||||||||
| Capital Expenditure | (4.8) | (7.3) | (21.6) | (68.0) | (21.8) | (6.5) | (8.9) | (8.2) | (2.7) |
| Acquisitions | 0.3 | 3.4 | 0.1 | 0 | 140.8 | 0 | 0 | 0.0 | (27.3) |
| Purchases of Investments | (886.3) | (1,235.3) | (2,016.2) | (1,477.0) | (420.2) | (403.8) | (643.9) | (123.1) | 0 |
| Sales/Maturities of Investments | 1,201.3 | 1,738.6 | 2,202.4 | 351.5 | 301.2 | 400.3 | 396.7 | 72.6 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | (140.8) | 0.2 | 0 | (1.7) | 0 |
| Investing Cash Flow | 310.4 | 499.4 | 164.7 | (1,193.5) | (140.8) | (9.9) | (256.2) | (60.4) | (30.0) |
| Financing Activities | |||||||||
| Net Debt Issuance | (0.4) | (0.2) | (0.3) | (0.3) | (0.3) | (0.2) | 4.4 | 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 |
| Other Financing Activities | 0 | 0 | (0.1) | 6.6 | 15.4 | (0.2) | 1.1 | 0.6 | 0 |
| Financing Cash Flow | 3.8 | 4.4 | 7.4 | 34.8 | 100.3 | 529.5 | 449.2 | 25.0 | 271.2 |
| Cash Position | |||||||||
| Net Change in Cash | (77.6) | 57.4 | (606.5) | 504.6 | (88.1) | 328.7 | 63.5 | (129.6) | 174.8 |
| Cash at Beginning | 318.7 | 261.3 | 861.3 | 363.4 | 451.5 | 122.8 | 59.4 | 188.9 | 14.1 |
| Cash at End | 241.1 | 318.7 | 254.8 | 868.0 | 363.4 | 451.5 | 122.8 | 59.4 | 188.9 |
| Free Cash Flow | (396.6) | (453.7) | (800.4) | 1,595.2 | (69.4) | (197.5) | (138.6) | (102.3) | (69.1) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||
| Revenue | 68.6 | 74.2 | 86.2 | 1,615.8 | 1,095.4 | 67.2 | 0.7 | 0.9 | 0.1 |
| Gross Profit | 56.9 | (404.4) | (486.6) | 994.8 | 581.5 | 67.2 | 0.7 | (99.4) | (62.4) |
| Operating Income | (468.0) | (587.2) | (684.3) | 833.1 | 420.8 | (297.0) | (178.0) | (118.7) | (81.5) |
| Net Income | (438.0) | (522.0) | (615.1) | 515.8 | 528.6 | (298.7) | (174.7) | (115.9) | (69.9) |
| EPS (Diluted) | -3.16 | -3.83 | -4.59 | 3.83 | 3.96 | -2.51 | -1.62 | -1.20 | -10.02 |
| Balance Sheet | |||||||||
| Cash & Equivalents | 234.1 | 222.9 | 241.6 | 848.6 | 347.8 | 436.6 | 109.3 | 47.6 | 187.9 |
| Total Assets | 1,002.8 | 1,398.8 | 1,919.1 | 2,802.1 | 1,954.3 | 918.8 | 512.1 | 191.6 | 251.6 |
| Total Debt | 186.9 | 97.9 | 124.5 | 128.0 | 137.5 | 70.2 | 0.2 | 10.1 | 0 |
| Stockholders' Equity | 765.3 | 1,150.4 | 1,590.2 | 2,078.0 | 1,431.8 | 716.9 | 423.9 | (179.2) | (68.9) |
| Cash Flow | |||||||||
| Operating Cash Flow | (391.8) | (446.4) | (778.8) | 1,663.3 | (47.6) | (190.9) | (129.6) | (94.1) | (66.4) |
| Capital Expenditure | (4.8) | (7.3) | (21.6) | (68.0) | (21.8) | (6.5) | (8.9) | (8.2) | (2.7) |
| Free Cash Flow | (396.6) | (453.7) | (800.4) | 1,595.2 | (69.4) | (197.5) | (138.6) | (102.3) | (69.1) |