ZYME - Zymeworks Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$38.25
DETAILS
HIGH:
$48.00
LOW:
$32.00
MEDIAN:
$36.50
CONSENSUS:
$38.25
UPSIDE:
49.36%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||
| Revenue | 106.0 | 76.3 | 76.0 | 412.5 | 26.7 | 39.0 | 29.5 | 53.0 | 51.8 | 11.0 | 9.7 | 1.7 |
| Cost of Revenue | 0 | 0 | 143.0 | 0 | 0 | 170.9 | 117.1 | 56.9 | 41.1 | 35.6 | 24.4 | 10.5 |
| Gross Profit | 106.0 | 76.3 | (67.0) | 412.5 | 26.7 | (131.9) | (87.6) | (3.9) | 10.6 | (24.5) | (14.7) | (8.8) |
| Operating Expenses | ||||||||||||
| R&D Expenses | 137 | 134.6 | 143.6 | 208.6 | 199.8 | 171.3 | 118.2 | 56.7 | 41.7 | 36.8 | 24.7 | 12.6 |
| SG&A Expenses | 61.5 | 61.5 | 70.4 | 73.4 | 42.6 | 55.2 | 62.9 | 29.5 | 18.6 | 12.6 | 5.2 | 3.9 |
| Other Expenses | 0 | 17.3 | (142.9) | (0.0) | (0.0) | (171.0) | (117.4) | (1.3) | (1.0) | (1.3) | (0.3) | (2.1) |
| Operating Expenses | 198.5 | 213.4 | 71.1 | 282.0 | 242.3 | 55.5 | 63.7 | 86.1 | 59.2 | 48.1 | 29.6 | 14.4 |
| Operating Income | ||||||||||||
| Operating Income | (92.5) | (137.1) | (138.1) | 130.5 | (215.6) | (187.5) | (151.3) | (33.1) | (9.0) | (37.9) | (20.0) | (12.7) |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | 1.1 | 0.9 | 0.0 | 0.0 |
| Interest Income | 13.4 | 19.9 | 19.7 | 3.6 | 2.0 | 5.7 | 5.9 | 2.6 | 0.7 | 0.3 | 0.3 | 0.1 |
| Profitability | ||||||||||||
| EBITDA | (81.4) | (108.6) | (120.7) | 142.5 | (206.1) | (183.8) | (148.1) | (30.8) | (6.1) | (36.3) | (18.6) | (12.3) |
| EBIT | (92.5) | (119.8) | (138.0) | 130.5 | (215.7) | (187.1) | (150.4) | (33.4) | (7.9) | (37.9) | (19.1) | (12.9) |
| Income Before Tax | (79.8) | (116.6) | (119.2) | 135.2 | (212.4) | (180.1) | (144.9) | (34.4) | (10.0) | (38.9) | (19.1) | (12.9) |
| Income Tax Expense | 1.4 | 6.1 | (0.6) | 10.9 | (0.5) | 0.4 | 0.6 | 2.2 | 0.4 | (5.1) | 0.0 | 0 |
| Net Income | (81.1) | (122.7) | (118.7) | 124.3 | (211.8) | (180.6) | (145.4) | (36.6) | (10.4) | (33.8) | (19.2) | (12.9) |
| Per Share Data | ||||||||||||
| EPS (Basic) | -1.08 | -1.62 | -1.72 | 1.91 | -4.06 | -3.58 | -3.83 | -1.26 | -0.49 | -1.72 | -0.97 | -0.65 |
| EPS (Diluted) | -1.08 | -1.62 | -1.72 | 1.90 | -4.61 | -3.58 | -3.83 | -1.26 | -0.49 | -1.72 | -0.97 | -0.65 |
| Shares Outstanding | 75.3 | 75.8 | 68.9 | 65.2 | 52.1 | 50.4 | 38.0 | 29.0 | 21.2 | 19.7 | 19.8 | 19.8 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 41.2 | 66.1 | 157.6 | 400.9 | 201.9 | 242.0 | 128.5 | 42.2 | 35.9 | 16.4 |
| Short-Term Investments | 187.6 | 159.7 | 216.8 | 91.3 | 50.7 | 184.3 | 170.5 | 158.0 | 51.9 | 23.8 |
| Net Receivables | 4.6 | 55.8 | 19.5 | 33.4 | 15.6 | 15.3 | 2.2 | 0.4 | 2.3 | 4.3 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 18.9 | 19.1 | 19.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 233.4 | 300.5 | 412.9 | 544.7 | 288.2 | 455.1 | 311.8 | 204.4 | 92.3 | 46.5 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 0 | 34.3 | 37.5 | 47.6 | 49.8 | 17.6 | 16.5 | 6.5 | 7.2 | 6.7 |
| Goodwill | 12,016 | 12.0 | 12.0 | 12.0 | 12.0 | 12.0 | 12.0 | 12.0 | 12.0 | 12.0 |
| Intangible Assets | 1,350 | 4.6 | 25.3 | 26.4 | 21.5 | 22.9 | 23.7 | 20.0 | 19.1 | 20.6 |
| Long-Term Investments | 41.8 | 98.4 | 81.9 | 0.9 | 0.9 | 25.9 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | (13,294.7) | 8.9 | 7.6 | 15.7 | 13.7 | 3.1 | 3.0 | 1.4 | 1.2 | 3.0 |
| Total Non-Current Assets | 113.1 | 162.6 | 168.0 | 104.0 | 100.9 | 83.3 | 56.4 | 40.0 | 39.6 | 47.5 |
| Total Assets | 346.5 | 463.1 | 580.9 | 648.7 | 389.1 | 538.4 | 368.2 | 244.4 | 132.0 | 94.0 |
| Current Liabilities | ||||||||||
| Account Payables | 36.3 | 3.9 | 6.2 | 7.9 | 5.2 | 6.2 | 5.3 | 2.6 | 1.7 | 3.0 |
| Short-Term Debt | 3.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 25.6 | 3.7 | 2.4 | 0 | 0 | 0 | 3.5 | 7.5 | 6.8 |
| Other Current Liabilities | 2.5 | 7.5 | 8.7 | 16.0 | 11.1 | 48.7 | 50.6 | 20.6 | 2.0 | 5.7 |
| Total Current Liabilities | 42.3 | 88.3 | 55.8 | 95.6 | 71.9 | 85.7 | 82.6 | 30.0 | 14.7 | 16.6 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.4 |
| Deferred Tax Liabilities | 6.0 | 4.8 | 3.3 | 1.8 | 1.6 | 1.2 | 0.4 | 0.1 | 0 | 5.0 |
| Other Non-Current Liabilities | 0.3 | 0.9 | 1.6 | 3.0 | 2.6 | 2.7 | 1.0 | 0.9 | 0.8 | 59.0 |
| Total Non-Current Liabilities | 35.7 | 36.0 | 60.3 | 60.1 | 68.2 | 42.8 | 40.0 | 33.9 | 0.9 | 68.4 |
| Total Liabilities | 78.0 | 124.3 | 116.1 | 155.8 | 140.0 | 128.5 | 122.5 | 63.9 | 15.5 | 85.0 |
| Stockholders' Equity | ||||||||||
| Common Stock | 1,113.1 | 1,023.8 | 1,006.6 | 906.8 | 741.1 | 724.2 | 450.2 | 320.1 | 223.0 | 106.6 |
| Retained Earnings | (953.2) | (830.3) | (677.4) | (558.8) | (683.1) | (471.3) | (290.7) | (145.3) | (108.7) | (97.8) |
| Accumulated Other Comprehensive Income | (6.1) | (7.0) | (6.6) | (6.7) | (6.7) | (6.7) | (6.7) | (6.7) | (6.7) | (6.7) |
| Total Stockholders' Equity | 268.5 | 338.8 | 464.8 | 493.0 | 249.1 | 409.9 | 245.7 | (145.3) | 116.4 | 9.0 |
| Total Liabilities & Equity | 346.5 | 463.1 | 580.9 | 648.7 | 389.1 | 538.4 | 368.2 | (81.4) | 132.0 | 94.0 |
| Debt Metrics | ||||||||||
| Total Debt | 18.3 | 18.5 | 26.7 | 28.1 | 32.3 | 8.6 | 6.9 | 0.1 | 0.1 | 4.4 |
| Net Debt | (22.9) | (47.6) | (130.8) | (372.8) | (169.5) | (233.4) | (121.5) | (42.1) | (35.9) | (12.0) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (81.1) | (122.7) | (118.7) | 124.3 | (211.8) | (180.6) | (145.4) | (36.6) | (10.4) | (33.8) |
| Depreciation & Amortization | 10.8 | 11.2 | 17.3 | 12.0 | 9.6 | 10.3 | 7.3 | 3.6 | 2.7 | 1.0 |
| Stock-Based Compensation | 28.0 | 17.8 | 8.1 | 4.0 | 10.8 | 29.1 | 49.0 | 13.4 | 3.4 | 4.3 |
| Change in Working Capital | 7.5 | (31.0) | (25.5) | 4.0 | 0.4 | (10.1) | 6.4 | 39.9 | 1.8 | (2.4) |
| Other Non-Cash Items | 0.8 | 13.9 | 1.3 | (2.2) | (0.4) | (0.4) | 1.5 | 3.8 | 2.7 | 1.1 |
| Operating Cash Flow | (33.0) | (110.0) | (118.3) | 144.1 | (192.5) | (151.4) | (81.9) | 24.2 | 0.2 | (35.2) |
| Investing Activities | ||||||||||
| Capital Expenditure | (1.5) | (3.1) | (4.1) | (13.1) | (13.3) | (6.3) | (13.9) | (3.4) | (3.1) | (5.5) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 2.0 | 0 | 0 | 0 | 0.1 |
| Purchases of Investments | (196.1) | (283.7) | (553.2) | (40.7) | (35.1) | (50.5) | (11.7) | (105.6) | (27.8) | (20.1) |
| Sales/Maturities of Investments | 225.1 | 325.6 | 350.1 | (40.7) | 193.0 | 13.3 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | (1.1) | (1.6) | 40.7 | (0.9) | (2.0) | (7.6) | (105.6) | (27.8) | (20.0) |
| Investing Cash Flow | 26.7 | 38.8 | (207.3) | (53.8) | 144.6 | (43.4) | (25.6) | (109.0) | (30.9) | (25.5) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 0 | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (7.8) | 6.9 |
| Stock Repurchased | (41.7) | (30.1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (0.2) | 9.6 | 5.8 | 1.1 | 8.0 | 8.1 | 5.4 | 0.7 | 2.0 | (1.0) |
| Financing Cash Flow | (18.6) | (20.5) | 81.8 | 108.6 | 8.0 | 309.0 | 193.7 | 91.4 | 50.0 | 64.8 |
| Cash Position | ||||||||||
| Net Change in Cash | (24.9) | (91.5) | (243.4) | 199.0 | (40.2) | 113.6 | 86.2 | 6.3 | 19.5 | 4.9 |
| Cash at Beginning | 66.1 | 157.6 | 400.9 | 201.9 | 242.0 | 128.5 | 42.2 | 35.9 | 16.4 | 11.5 |
| Cash at End | 41.2 | 66.1 | 157.6 | 400.9 | 201.9 | 242.0 | 128.5 | 42.2 | 35.9 | 16.4 |
| Free Cash Flow | (34.5) | (113.1) | (122.4) | 131.0 | (205.7) | (157.7) | (95.7) | 20.8 | (2.9) | (40.7) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||
| Revenue | 106.0 | 76.3 | 76.0 | 412.5 | 26.7 | 39.0 | 29.5 | 53.0 | 51.8 | 11.0 | 9.7 | 1.7 |
| Gross Profit | 106.0 | 76.3 | (67.0) | 412.5 | 26.7 | (131.9) | (87.6) | (3.9) | 10.6 | (24.5) | (14.7) | (8.8) |
| Operating Income | (92.5) | (137.1) | (138.1) | 130.5 | (215.6) | (187.5) | (151.3) | (33.1) | (9.0) | (37.9) | (20.0) | (12.7) |
| Net Income | (81.1) | (122.7) | (118.7) | 124.3 | (211.8) | (180.6) | (145.4) | (36.6) | (10.4) | (33.8) | (19.2) | (12.9) |
| EPS (Diluted) | -1.08 | -1.62 | -1.72 | 1.90 | -4.61 | -3.58 | -3.83 | -1.26 | -0.49 | -1.72 | -0.97 | -0.65 |
| Balance Sheet | ||||||||||||
| Cash & Equivalents | 41.2 | 66.1 | 157.6 | 400.9 | 201.9 | 242.0 | 128.5 | 42.2 | 35.9 | 16.4 | ||
| Total Assets | 346.5 | 463.1 | 580.9 | 648.7 | 389.1 | 538.4 | 368.2 | 244.4 | 132.0 | 94.0 | ||
| Total Debt | 18.3 | 18.5 | 26.7 | 28.1 | 32.3 | 8.6 | 6.9 | 0.1 | 0.1 | 4.4 | ||
| Stockholders' Equity | 268.5 | 338.8 | 464.8 | 493.0 | 249.1 | 409.9 | 245.7 | (145.3) | 116.4 | 9.0 | ||
| Cash Flow | ||||||||||||
| Operating Cash Flow | (33.0) | (110.0) | (118.3) | 144.1 | (192.5) | (151.4) | (81.9) | 24.2 | 0.2 | (35.2) | ||
| Capital Expenditure | (1.5) | (3.1) | (4.1) | (13.1) | (13.3) | (6.3) | (13.9) | (3.4) | (3.1) | (5.5) | ||
| Free Cash Flow | (34.5) | (113.1) | (122.4) | 131.0 | (205.7) | (157.7) | (95.7) | 20.8 | (2.9) | (40.7) | ||