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Healthcare - Biotechnology - NASDAQ - US
$ 42.18
-15.6 %
$ 5.03 B
Market Cap
-14.65
P/E
INCOME STATEMENT
9.56 M REVENUE
3.64%
-236 M OPERATING INCOME
-31.68%
-212 M NET INCOME
-21.97%
EFFICIENCY
Earnings Waterfall Avidity Biosciences, Inc.
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Revenue 9.56 M
Cost Of Revenue 191 M
Gross Profit -181 M
Operating Expenses 245 M
Operating Income -236 M
Other Expenses -23.4 M
Net Income -212 M

Income Statement

Millions
Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018
REVENUE
Revenue 9.6 9.2 9.3 6.8 2.3 0.4
GROSS PROFIT
Cost Of Revenue 191.0 1.4 0.6 37.6 14.5 8.4
Gross Profit (181.4) 7.8 8.7 (30.8) (12.2) (8.1)
OPERATING INCOME
Operating Expenses 245.2 188.1 127.4 51.1 19.7 10.9
Selling, General and Administrative Expenses 54.2 37.7 26.2 13.5 5.1 2.4
Research and Development Expenses 191.0 150.4 101.2 37.6 14.5 8.4
Operating Income (235.6) (178.9) (118.1) (44.3) (17.3) (10.5)
PRE-TAX INCOME
Interest Income Expense 0 0 0 0.2 7.4 0.7
Total Other Income 23.4 4.9 42 K 78 K (7.4) (0.7)
Pre-Tax Income (212.2) (174.0) (118.0) (44.4) (24.7) (11.2)
NET INCOME
Tax Provision 0 (4.9) (0.6) (0.4) 7.4 0.7
Net Income (212.2) (169.1) (117.4) (44.0) (32.1) (11.9)
EPS 2.91 3.24 2.83 2.03 0.86 0.58