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Financial statements

Aura Biosciences, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data Aura Biosciences, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2021FY2021FY2022FY2023FY2024FY2025
Research and development1825.242.265.273.390.3
General and administrative4.1610.118.119.822.822.5
Operating income-22.2-35.3-60.3-85-96.1-113
Other non-operating income-01.538.729.316.71
Pre-tax income-58.8-76.3-86.8-106
Income tax0000.140.110.11
Net income-22.2-35.3-58.8-76.4-86.9-106
EBITDA-21.4-34.4-59.1-83.7-94.9-112
EPS, basic-82.06-8.95-1.96-1.93-1.75-1.76
EPS, diluted-82.06-8.95-1.96-1.93-1.75-1.76
Shares, basic (weighted)0.375.1629.939.649.760.3
Shares, diluted (weighted)0.375.1629.939.649.760.3

Balance sheet

FY2021FY2021FY2022FY2023FY2024FY2025
Cash and equivalents17.414912241.131.759.5
Other current assets0.020.070.722.411.830.66
Total current assets18.5154197232161150
Property, plant and equipment3.575.255.373.153.222.62
Lease right-of-use assets0.9520.718.917.415.8
Other non-current assets0.420.510.520.47
Total assets22.1160224255183169
Accounts payable0.612.42.921.792.31.55
Total current liabilities2.667.3610.512.414.918.4
Lease liabilities0.3617.916.915.614.1
Total liabilities2.747.7228.429.230.532.5
Paid-in capital8.17304407513526617
Retained earnings-117-152-211-287-374-480
Treasury stock0
Other comprehensive income-0.070.540.26-0.1
Shareholders' equity-109152196226152137
Total equity-109152196226152137
Total liabilities and equity22.1160224255183169
Shares outstanding0.3829.237.849.45063.6

Cash flow statement

FY2021FY2021FY2022FY2023FY2024FY2025
Net income-22.2-35.3-58.8-76.4-86.9-106
Depreciation and amortization0.830.831.181.31.221.13
Stock-based compensation0.742.316.418.7711.714.3
Change in payables-1.721.050.34-1.040.48-0.85
Cash from operations-24.3-32.4-54.6-63.8-79.8-84.7
Capital expenditures-0.77-2.13-1.09-0.71-1.25-0.45
Purchases of investments-120-234-59.1-84
Sales and maturities of investments53120129120
Cash from investing-0.77-2.13-67.9-11468.835.6
Stock issued0.1678.786.71.38046.5
Cash from financing1016695.697.31.677.2
Net change in cash-15.1132-26.8-80.5-9.3928
Free cash flow-25.1-34.5-55.7-64.6-81.1-85.2
Income taxes paid0.10.1

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $6.00 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-41.6%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-37.6%Net income / average total assets.
Return on invested capital (ROIC)-44.1%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.

Growth

MetricValueHow it is calculated
Book value growth, 1y-9.9%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-11.2%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y-7.2%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-8.9%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y50.3%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y21.5%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y26.3%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y177.4%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio16.8xCurrent assets / current liabilities.
Quick ratio3.47x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio3.47x(Cash + short-term investments) / current liabilities.
Liabilities / assets9.4%Total liabilities / total assets.
Working capital$309.5MCurrent assets - current liabilities.
Tangible book value$315.3MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$1.38Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
FCF per share-$1.09Free cash flow / diluted weighted shares.
Operating cash flow per share-$1.09Cash from operations / diluted weighted shares.
Book value per share$3.05Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$3.05Tangible book value / shares outstanding.
Cash per share$0.66(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$622.2MShare price x shares outstanding.
Enterprise value$554.4MMarket cap + total debt - cash - short-term investments.
P/B1.97xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book1.97xMarket cap / tangible book value, when positive.
FCF yield-16.6%Free cash flow / market cap.
Earnings yield-21.1%Net income / market cap (the inverse of P/E).
Was Aura Biosciences, Inc. profitable in fiscal 2025?

No. It reported a net loss of $106.2M.

How much free cash flow did Aura Biosciences, Inc. generate in fiscal 2025?

Cash from operations of $84.7M minus capital expenditures of $447.0K left free cash flow of -$85.2M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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