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Immunic, Inc., a biotechnology company, develops a pipeline of selective oral immunology therapies for the treatment of chronic inflammatory and autoimmune diseases in the United States and Germany. Its lead development program is IMU-838, which is in Phase 3 clinical trial, for treatment of multiple sclerosis, including relapsing and progressive multiple sclerosis; and moderate-to-severe ulcerative colitis. The company is also developing IMU-856, which is entering Phase 2 clinical trial, for the restoration of the intestinal barrier function in patients suffering from gastrointestinal diseases, such as celiac disease, inflammatory bowel disease, short bowel syndrome, irritable bowel syndrome with diarrhea, and other intestinal barrier function diseases; and IMU-381, which is in preclinical trial, for the treatment of gastrointestinal diseases. Immunic, Inc. was founded in 2016 and is headquartered in New York, New York.
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Immunic Inc is a clinical-stage biopharmaceutical company developing oral small-molecule immunomodulators for chronic inflammatory and autoimmune diseases, with lead programs advancing through clinical development. Long-term growth depends on successful trial outcomes, regulatory approvals and adoption of oral therapies to address unmet needs, which could support future revenue and partnerships. Investors may find the company attractive for exposure to potential value creation from clinical milestones.
Principal risks include clinical and regulatory setbacks, absence of approved products and meaningful revenue, reliance on external financing, and intense competition in autoimmune drug development.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | -120.41M | -92.94M | -44.02M | -34.93M | -41.48M |
| Net income | -154.30M | -92.79M | -43.96M | -34.83M | -41.48M |
| Selling general administrative | 15.26M | 13.30M | 10.33M | 14.52M | 13.59M |
| Reconciled depreciation | 0.08M | 0.09M | 0.04M | 0.05M | 0.73M |
| Ebit | -119.49M | -91.75M | -48.97M | -37.03M | -34.80M |
| Ebitda | -53.55M | -91.67M | -48.93M | -36.98M | -34.07M |
| Depreciation and amortization | 65.94M | 0.09M | 0.04M | 0.05M | 0.73M |
| Non operating income net other | -0.92M | -1.28M | 4.95M | 2.10M | 0.55M |
| Operating income | -119.49M | -91.67M | -48.97M | -37.03M | -42.02M |
| Other operating expenses | 86.52M | 91.67M | 48.97M | 37.03M | 38.41M |
| Interest expense | 1.04M | 0.09M | 0.06M | 0.11M | 0.00M |
| Interest income | 1.04M | 0.07M | 0.06M | 0.11M | 0.52M |
| Net interest income | 1.04M | 0.07M | 0.06M | 0.11M | 0.52M |
| Non recurring | 32.97M | - | - | - | -1.22M |
| Income tax expense | 33.89M | -0.15M | -0.06M | -0.11M | 0.55M |
| Total revenue | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Total operating expenses | 86.52M | 91.67M | 48.97M | 37.03M | 38.41M |
| Total other income expense net | -0.92M | -1.28M | 4.95M | 2.10M | -3.59M |
| Net income from continuing ops | -120.41M | -92.94M | -44.02M | -34.93M | -41.48M |
| Net income applicable to common shares | -120.41M | -92.94M | -44.02M | -34.93M | -41.48M |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 54.30M | 127.75M | 139.10M | 167.86M | 65.95M |
| Other current assets | 5.16M | 9.49M | 18.12M | 1.23M | 2.86M |
| Total liab | 25.37M | 14.07M | 11.98M | 9.08M | 7.59M |
| Total stockholder equity | 28.93M | 113.68M | 127.11M | 158.78M | 58.36M |
| Other current liab | 18.93M | 8.22M | 0.58M | 4.70M | 0.34M |
| Common stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Capital stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Retained earnings | -410.89M | -317.28M | -196.87M | -103.93M | -59.91M |
| Good will | - | 0.00M | 32.97M | 32.97M | 32.97M |
| Other assets | - | 0.04M | 0.04M | 0.94M | 0.04M |
| Cash | 46.67M | 106.75M | 86.86M | 127.45M | 29.37M |
| Total current liabilities | 24.73M | 13.08M | 11.40M | 8.40M | 7.07M |
| Current deferred revenue | - | - | 6.66M | - | 1.01M |
| Net debt | -45.34M | -105.18M | -86.28M | -126.77M | -28.85M |
| Short term debt | 0.69M | 0.57M | 0.41M | 0.53M | 3.30M |
| Short long term debt total | 1.33M | 1.56M | 0.58M | 0.68M | 0.52M |
| Other stockholder equity | 436.06M | 427.93M | 324.24M | 266.82M | 53.69M |
| Property plant equipment | - | 0.29M | 1.10M | 0.20M | 0.08M |
| Total current assets | 52.53M | 125.86M | 104.99M | 133.75M | 32.23M |
| Net tangible assets | - | 113.68M | 94.14M | 125.81M | 25.39M |
| Short term investments | 0.00M | 9.63M | - | - | - |
| Net receivables | 0.70M | 2.66M | 2.15M | 1.64M | 0.76M |
| Inventory | - | -2.66M | -2.15M | 3.42M | - |
| Accounts payable | 5.10M | 4.28M | 3.75M | 3.70M | 2.42M |
| Accumulated other comprehensive income | 3.76M | 3.04M | -0.25M | -4.11M | -1.37M |
| Common stock total equity | - | 0.00M | 0.00M | 0.00M | 0.00M |
| Retained earnings total equity | - | -317.28M | -196.87M | -103.93M | -59.91M |
| Non currrent assets other | - | 0.04M | 0.04M | 0.04M | 0.04M |
| Non current assets total | 1.76M | 1.89M | 34.11M | 34.12M | 33.73M |
| Capital lease obligations | 1.33M | 1.56M | 0.58M | 0.68M | 0.52M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -9.74M | -0.07M | -0.15M | 10.54M | -0.41M |
| Change to liabilities | 2.04M | 3.52M | 0.41M | 0.86M | -7.77M |
| Total cashflows from investing activities | -9.74M | -0.07M | -0.15M | 10.54M | -0.41M |
| Total cash from financing activities | 95.76M | 42.84M | 144.43M | 34.90M | 0.00M |
| Change to operating activities | 8.73M | -9.46M | -3.37M | -0.90M | 0.59M |
| Net income | -120.41M | -92.94M | -44.02M | -34.93M | -41.48M |
| Change in cash | 19.88M | -40.59M | 98.08M | 16.30M | -43.58M |
| Begin period cash flow | 86.86M | 127.45M | 29.37M | 13.07M | 56.90M |
| End period cash flow | 106.75M | 86.86M | 127.45M | 29.37M | 13.32M |
| Total cash from operating activities | -65.14M | -83.23M | -46.12M | -28.55M | -43.16M |
| Issuance of capital stock | 95.57M | 42.75M | 144.43M | 35.16M | 0.00M |
| Depreciation | 0.08M | 0.09M | 0.04M | 0.05M | 0.73M |
| Other cashflows from investing activities | - | - | - | 10.59M | 0.18M |
| Sale purchase of stock | 0.18M | 0.09M | 144.43M | 34.90M | 0.00M |
| Other cashflows from financing activities | 0.01M | -0.07M | -0.15M | -0.27M | -0.11M |
| Change to netincome | 45.66M | 18.91M | 0.22M | 7.70M | 5.19M |
| Capital expenditures | 0.11M | 0.07M | 0.15M | 0.06M | 0.60M |
| Cash flows other operating | 7.49M | -12.80M | -2.78M | -2.22M | 0.17M |
| Exchange rate changes | - | - | - | - | -0.00M |
| Cash and cash equivalents changes | 20.88M | -40.46M | 98.16M | 16.89M | -43.58M |
| Change in working capital | 9.53M | -9.28M | -2.37M | -1.36M | -7.61M |
| Stock based compensation | 7.93M | 5.95M | 2.75M | 6.51M | 3.74M |
| Other non cash items | 37.73M | 8.62M | -2.53M | 1.54M | 0.23M |
| Free cash flow | -65.26M | -83.30M | -46.27M | -28.60M | -43.76M |
Sector: Healthcare Industry: Biotechnology
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|
| IMUX Immunic Inc |
-0.32 3.98% |
7.80 | - | - | - | 4.48 | -0.85 |
| NVO Novo Nordisk A/S |
-0.54 1.32% |
40.55 | 41.58 | 31.15 | 2.13 | 32.99 | 4.70 |
| VRTX Vertex Pharmaceuticals Inc |
-2.37 0.43% |
544.66 | 30.22 | 24.27 | 10.36 | 6.50 | 24.66 |
| REGN Regeneron Pharmaceuticals Inc |
-2.77 0.29% |
956.64 | 29.07 | 20.12 | 7.57 | 3.82 | 19.42 |
| ARGNF argenx SE |
- -% |
900.30 | 45.77 | 31.25 | 13.84 | 7.12 | 36.06 |
Immunic, Inc., a biotechnology company, develops a pipeline of selective oral immunology therapies for the treatment of chronic inflammatory and autoimmune diseases in the United States and Germany. Its lead development program is IMU-838, which is in Phase 3 clinical trial, for treatment of multiple sclerosis, including relapsing and progressive multiple sclerosis; and moderate-to-severe ulcerative colitis. The company is also developing IMU-856, which is entering Phase 2 clinical trial, for the restoration of the intestinal barrier function in patients suffering from gastrointestinal diseases, such as celiac disease, inflammatory bowel disease, short bowel syndrome, irritable bowel syndrome with diarrhea, and other intestinal barrier function diseases; and IMU-381, which is in preclinical trial, for the treatment of gastrointestinal diseases. Immunic, Inc. was founded in 2016 and is headquartered in New York, New York.
| Name | Title | Year Born |
|---|---|---|
| Dr. Duane D. Nash M.B.A., M.D., J.D., M.B.A | Exec. Chairman | 1971 |
| Dr. Daniel Vitt | CEO, Pres & Director | 1968 |
| Mr. Glenn Whaley CPA | Chief Financial Officer | 1968 |
| Dr. Andreas Muehler M.D., Ph.D. | Chief Medical Officer | 1964 |
| Dr. Hella Kohlhof | Chief Scientific Officer | 1973 |
| Jessica Breu | Head of Investor Relations & Communications | NA |
| Mr. Inderpal Singh | Gen. Counsel | 1966 |
| Mr. Patrick Walsh | Chief Bus. Officer | 1983 |
| Dr. Duane D. Nash J.D., M.B.A., M.D. | Executive Chairman | 1971 |
| Dr. Daniel Vitt Ph.D. | CEO, President & Director | 1968 |
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