ImageneBio, Inc. IMA

Healthcare SIC 2836 - Biological Products, (No Diagnostic Substances) Nasdaq

We are a clinical-stage biopharmaceutical company developing therapeutics for patients with immunological, autoimmune and inflammatory diseases. Our lead asset, IMG-007, is a non-depleting anti-OX40 monoclonal antibody that binds specifically to OX40 receptor on activated T cells to block receptor binding to OX40 ligand ("OX40L"). IMG-007 is being developed to potentially treat multiple autoimmune and inflammatory diseases and disorders, with initial evaluation in atopic dermatitis ("AD"). IMG-007 includes several features that we believe are important, differentiating attributes. First, IMG-007 is receptor-targeting, rather than ligand-targeting. Second, IMG-007 is non-T cell depleting: activated T cell signaling is attenuated, however T cells are not killed and depleted. Finally, IMG-007's half-life is approximately 5 weeks, which may allow for patient-and physician-friendly dosing schedules such as those currently being explored in our clinical program.

Last close 4.85 2026-09-04
Market cap $55.1M 2026-06-30 share count
52-week range 3.94 - 9.47

Valuation FY2025 figures against the last close

P/S68.8x
P/E
P/FCF
EV/EBITDA
Dividend yield
Diluted EPS-9.64

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue $800.0K$3.5M$9.2M$15.6M$31.0M$9.2M
R&D $28.5M$32.1M$59.7M$64.3M$47.1M$44.8M
SG&A $20.7M$8.4M$24.9M$22.2M$18.0M$8.9M
Total operating expenses $49.3M$40.5M$84.6M$86.5M$65.1M$53.7M
Operating income -$48.5M-$37.0M-$75.4M-$70.9M-$34.1M-$44.5M
Pre-tax income -$45.7M-$36.6M-$68.3M-$68.8M-$34.1M
Income tax $350.0K$13.0K$162.0K$0$0
Net income -$45.3M-$36.6M-$68.2M-$68.8M-$34.1M-$44.3M
EPS, basic -9.64-22.10-1.63-1.90-1.22
EPS, diluted -9.64-22.10-1.63-1.90-1.22-16.00
Shares, diluted (wtd. avg.) $4.9M$1.2M$41.7M$36.2M$28.0M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Cash and equivalents $94.5M$12.1M$15.3M$60.8M$233.1M$163.4M$82.1M
Short-term investments $40.8M$0$55.6M$97.0M
Total current assets $140.3M$12.5M$178.7M$160.0M$236.5M$166.0M
Property, plant and equipment $0$8.0K$2.3M$3.2M$2.4M$1.4M
Total assets $153.0M$15.9M$192.1M$172.3M$247.9M$168.4M
Accounts payable $1.4M$5.3M$2.1M$2.1M$2.4M$2.1M
Short-term debt $0$7.5M
Total current liabilities $11.2M$17.2M$14.2M$21.5M$27.2M$28.3M
Total liabilities $19.8M$17.4M$22.3M$25.3M$40.0M$63.5M
Retained earnings -$230.1M-$179.9M-$282.4M-$214.2M-$145.5M-$111.3M
Total equity $133.1M-$160.6M-$126.1M$147.0M$207.9M-$101.0M-$61.5M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating cash flow -$47.8M-$21.3M-$79.7M-$74.1M-$60.3M-$37.8M
Depreciation and amortisation $400.0K$1.1M$1.0M$751.0K$544.0K$300.0K
Stock-based compensation $15.4M$0$7.6M$7.5M$5.2M$1.8M
Capital expenditure $414.0K$1.4M$1.8M$766.0K
Investing cash flow -$5.8M$11.1M$64.1M-$99.3M-$1.8M$2.9M
Financing cash flow $135.5M$6.9M$76.0M$1.1M$131.7M$116.2M
Buybacks $663.0K

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-099434.

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