
Last update at 2026-06-23T20:28:00Z
Source: TradingView
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| 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 |
| Income before tax | -87.36700M | -73.81200M | -71.20000M | -67.53200M | -149.20900M |
| Minority interest | - | - | - | - | - |
| Net income | -87.36700M | -73.84800M | -81.10000M | -67.72600M | -169.17600M |
| Selling general administrative | 28.20M | 24.98M | 24.11M | 62.76M | 101.21M |
| Selling and marketing expenses | - | - | - | - | - |
| Gross profit | -0.06200M | 2.48M | 1.85M | 54.77M | 14.65M |
| Reconciled depreciation | -0.08400M | -0.03600M | 0.07M | 1.25M | 2.18M |
| Ebit | -92.08400M | -72.93700M | -61.40900M | -49.36000M | -132.34100M |
| Ebitda | -92.02200M | -71.67500M | -61.22800M | -47.59000M | -126.42200M |
| Depreciation and amortization | 0.06M | 1.26M | 0.18M | 1.77M | 5.92M |
| Non operating income net other | - | 1.26M | 0.18M | -2.37800M | 3.74M |
| Operating income | -92.08400M | -72.93700M | -61.40900M | -49.36000M | -132.34100M |
| Other operating expenses | 92.08M | 75.53M | 63.46M | 137.88M | 149.80M |
| Interest expense | 4.14M | 2.14M | 9.97M | 15.79M | 20.61M |
| Tax provision | - | 0.00000M | 0.00000M | 0.19M | 0.00000M |
| Interest income | 5.11M | 1.22M | 0.18M | 0.52M | 4.38M |
| Net interest income | 1.37M | -0.92200M | -9.79100M | -15.27900M | -16.22700M |
| Extraordinary items | - | - | - | - | - |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | - | 0.04M | 9.90M | 0.19M | 19.97M |
| Total revenue | 0.00000M | 2.60M | 2.05M | 88.52M | 17.46M |
| Total operating expenses | 92.02M | 75.53M | 63.46M | 104.13M | 146.99M |
| Cost of revenue | 0.06M | 0.12M | 0.21M | 33.74M | 2.81M |
| Total other income expense net | 4.72M | -0.87500M | -9.79100M | -18.17200M | -16.86800M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | -76.80700M | -73.81200M | -71.20000M | -67.72600M | -149.20900M |
| Net income applicable to common shares | - | -73.81200M | -71.20000M | -67.72600M | -149.20900M |
| Preferred stock and other adjustments | - | - | - | - | - |
| 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 | 149.72M | 95.05M | 108.66M | 154.35M | 145.05M |
| Intangible assets | - | - | - | - | 20.01M |
| Earning assets | - | - | - | - | - |
| Other current assets | 5.58M | 4.95M | 105.74M | 3.47M | 3.83M |
| Total liab | 71.19M | 47.66M | 21.10M | 39.08M | 137.87M |
| Total stockholder equity | 78.53M | 47.39M | 87.56M | 115.27M | 7.17M |
| Deferred long term liab | - | - | - | - | - |
| Other current liab | 17.93M | 15.69M | 15.62M | 14.66M | 0.45M |
| Common stock | 0.00300M | 0.02M | 0.02M | 0.02M | 0.00800M |
| Capital stock | 0.00300M | 0.02M | 0.02M | 0.02M | 0.00800M |
| Retained earnings | -824.89000M | -737.52300M | -663.71100M | -592.51100M | -524.78500M |
| Other liab | - | - | - | - | 0.87M |
| Good will | - | - | - | - | - |
| Other assets | - | 0.30M | 0.41M | 8.99M | 36.05M |
| Cash | 78.83M | 74.93M | 100.26M | 67.78M | 43.51M |
| Cash and equivalents | - | - | - | - | - |
| Total current liabilities | 26.38M | 21.66M | 18.59M | 17.09M | 29.89M |
| Current deferred revenue | 0.33M | - | - | - | 19.36M |
| Net debt | -37.27800M | -47.86800M | -97.99200M | -45.24200M | 64.02M |
| Short term debt | 0.94M | 1.07M | 0.67M | 0.56M | 0.42M |
| Short long term debt | - | 0.28M | - | - | - |
| Short long term debt total | 41.56M | 27.07M | 2.26M | 22.54M | 107.53M |
| Other stockholder equity | 882.25M | 784.89M | 751.22M | 707.72M | 531.94M |
| Property plant equipment | - | 0.09M | 0.21M | 3.14M | 0.95M |
| Total current assets | 143.68M | 92.87M | 105.74M | 144.94M | 84.96M |
| Long term investments | - | - | 0.00000M | 6.00M | - |
| Net tangible assets | - | 47.39M | 87.56M | 115.27M | -12.83400M |
| Short term investments | 59.22M | 12.96M | 79.00M | 73.44M | 31.99M |
| Net receivables | 0.04M | 0.03M | 0.52M | 0.24M | 2.52M |
| Long term debt | 40.09M | 24.53M | 0.25M | 19.05M | 103.62M |
| Inventory | - | - | -100.77200M | 0.00000M | 3.10M |
| Accounts payable | 7.18M | 4.90M | 2.30M | 1.88M | 9.65M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | - | - | - | - |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | 0.01M | - | 0.03M | 0.05M | 0.01M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | - | 0.02M | 0.02M | 0.02M | 0.00800M |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | - | -737.52300M | -663.71100M | -592.51100M | -524.78500M |
| Treasury stock | - | - | - | - | - |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | 4.59M | 0.30M | 2.71M | 0.27M | 36.05M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 6.04M | 2.18M | 2.92M | 9.41M | 60.09M |
| Capital lease obligations | 1.47M | 2.26M | 2.93M | 3.49M | 3.91M |
| Long term debt total | - | 24.53M | 0.25M | 19.05M | 103.62M |
| 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 |
| Investments | -43.85800M | 66.19M | 0.28M | -47.36300M | 89.62M |
| Change to liabilities | - | 1.96M | 2.42M | -7.97600M | -1.93500M |
| Total cashflows from investing activities | - | 66.19M | 0.09M | -47.36300M | 89.61M |
| Net borrowings | - | 24.15M | 1.09M | -37.36600M | -2.50400M |
| Total cash from financing activities | 134.19M | 51.78M | 6.88M | 69.63M | -2.44100M |
| Change to operating activities | - | 0.11M | 0.24M | 14.23M | -2.21400M |
| Net income | -87.36700M | -73.81200M | -71.20000M | -67.72600M | -149.20900M |
| Change in cash | 3.90M | 54.30M | -46.53000M | -11.23900M | -51.34600M |
| Begin period cash flow | 74.93M | 21.49M | 68.02M | 79.26M | 130.61M |
| End period cash flow | 78.83M | 75.79M | 21.49M | 68.02M | 79.26M |
| Total cash from operating activities | -86.46000M | -63.67300M | -53.50200M | -33.50600M | -138.51800M |
| Issuance of capital stock | 119.52M | 27.35M | 6.72M | 106.06M | - |
| Depreciation | 0.06M | -0.03600M | 0.07M | 1.25M | 2.18M |
| Other cashflows from investing activities | - | - | - | - | 89.62M |
| Dividends paid | - | 0.00000M | 0.00000M | 0.00000M | 0.01M |
| Change to inventory | - | 0.00000M | 0.00000M | 3.10M | -2.76900M |
| Change to account receivables | 0.03M | 0.48M | -0.27700M | 2.29M | -2.21800M |
| Sale purchase of stock | - | 27.64M | -0.92500M | -0.28500M | -0.06800M |
| Other cashflows from financing activities | 29.24M | 66.19M | -0.92500M | 1.22M | 9.80M |
| Change to netincome | - | 6.05M | 7.71M | 10.94M | 8.54M |
| Capital expenditures | 0.00700M | 0.00000M | 0.20M | 0.03M | 0.00700M |
| Change receivables | - | 0.48M | -0.27700M | 2.29M | -2.21800M |
| Cash flows other operating | - | 1.30M | -1.69200M | 21.34M | -0.05500M |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | - | 54.30M | -46.53000M | -11.23900M | -51.34600M |
| Change in working capital | -0.95700M | 3.90M | 0.58M | 11.63M | -7.79900M |
| Stock based compensation | 5.86M | 6.05M | 7.71M | 8.12M | 8.54M |
| Other non cash items | -1.74400M | 0.23M | 9.33M | 10.32M | 7.13M |
| Free cash flow | -86.45300M | -63.67300M | -53.69800M | -33.53900M | -138.52500M |
Sector: Healthcare Industry: Biotechnology
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| VSTM Verastem Inc |
-0.04 0.94% | 4.21 | - | - | 30.96 | 4.98 | 8.66 | -2.2831 |
| NVO Novo Nordisk A/S |
1.54 3.36% | 47.42 | 41.58 | 31.15 | 2.13 | 32.99 | 2.11 | 4.70 |
| NONOF Novo Nordisk A/S |
- -% | 45.00 | 41.06 | 31.25 | 2.08 | 33.11 | 2.11 | 4.70 |
| VRTX Vertex Pharmaceuticals Inc |
1.63 0.35% | 468.42 | 29.67 | 24.33 | 10.38 | 5.83 | 9.33 | 20.00 |
| REGN Regeneron Pharmaceuticals Inc |
5.53 0.90% | 618.03 | 29.07 | 20.12 | 7.57 | 3.82 | 6.95 | 19.42 |
Verastem, Inc., a development-stage biopharmaceutical company, focuses on developing and commercializing drugs for the treatment of cancer in the United States. Its product candidates are Avutometinib, an orally available small molecule RAF/MEK clamp that inhibits the ras sarcoma RAF/MEK, ERK mitogen activated pathway kinase pathway which is involved in cell proliferation, migration, transformation, and survival of tumor cells; and Defactinib, an oral small molecule inhibitor of FAK and proline-rich tyrosine kinase for various solid tumors. The company is involved in clinical studies, including RAMP 301, a randomized global confirmatory trial to evaluate the combination of Avutometinib and Defactinib for the treatment of patients with recurrent low-grade serous ovarian cancer; RAMP 201, an adaptive two-part multicenter, parallel cohort, randomized open label trial to evaluate the efficacy and safety of Avutometinib and in combination with Defactinib; and FRAME, an investigation of Avutometinib and Defactinib in patients with KRAS mutant cancers and subsequent analyses; and RAMP 204 and 205. It has license agreements with Chugai Pharmaceutical Co., Ltd. for the development, commercialization, and manufacture of products containing Avutometinib; and Pfizer Inc. to research, develop, manufacture, and commercialize products containing Pfizer's inhibitors of FAK for therapeutic, diagnostic, and prophylactic uses in humans. In addition, it has a clinical collaboration agreement with Amgen, Inc. to evaluate the combination of Avutometinib with Amgen's KRAS-G12C inhibitor LUMAKRAS which in Phase 1/2 trial entitled RAMP 203; and a discovery and development collaboration with GenFleet Therapeutics to advance new programs targeting RAS pathway-driven cancers. Verastem, Inc. was incorporated in 2010 and is headquartered in Needham, Massachusetts.
117 Kendrick Street, Needham, MA, United States, 02494
| Name | Title | Year Born |
|---|---|---|
| Mr. Brian M. Stuglik BPHARM, R.Ph., RPh | CEO & Director | 1959 |
| Mr. Daniel W. Paterson | COO & Pres | 1961 |
| Mr. Richard H. Aldrich M.B.A., Mba | Founder and Consultant | 1954 |
| Dr. Robert A. Weinberg Ph.D. | Co-Founder & Chair of Scientific Advisory Board | NA |
| Dr. Piyush B. Gupta Ph.D. | Co-Founder | NA |
| Dr. Michelle Dipp M.D., Ph.D. | Co-Founder | 1976 |
| Mr. Daniel Calkins | Interim Principal Accounting Officer & Financial Officer | 1987 |
| Dr. Jonathan Pachter Ph.D. | Chief Scientific Officer | 1958 |
| Ms. Erin S. Cox | Sr. Director of Investor Relations & Corp. Communications | NA |
| Mr. Sean C. Flynn | VP, Gen. Counsel & Sec. | 1974 |
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