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Financial statements

Boundless Bio, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Boundless Bio, 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

FY2024FY2024FY2025
Research and development42.655.344.8
General and administrative12.21818.7
Operating expenses54.873.363.6
Operating income-54.8-73.3-63.6
Interest income5.287.895.36
Other non-operating income5.367.95.36
Income tax00
Net income-49.4-65.4-58.2
EBITDA-53.8-72.2-62.3
EPS, basic-40.65-3.85-2.60
EPS, diluted-40.65-3.85-2.60
Shares, basic (weighted)1.221722.4
Shares, diluted (weighted)1.221722.4

Balance sheet

FY2024FY2024FY2025
Cash and equivalents23.726.617.9
Short-term investments9712689.7
Other current assets3.452.282.03
Total current assets124154110
Property, plant and equipment2.574.323.22
Lease right-of-use assets24743.7
Total assets130206157
Accounts payable2.221.271.49
Accrued liabilities2.92.782.64
Total current liabilities9.368.1412.5
Lease liabilities47.645.9
Total liabilities9.3655.858.4
Paid-in capital8.99352358
Retained earnings-136-201-260
Other comprehensive income0.040.120.06
Shareholders' equity-12715198.7
Total equity-12715198.7
Total liabilities and equity130206157
Shares outstanding022.322.4

Cash flow statement

FY2024FY2024FY2025
Net income-49.4-65.4-58.2
Depreciation and amortization0.961.091.25
Stock-based compensation3.347.526.13
Deferred income tax0
Change in payables1.660.781.63
Cash from operations-46.9-60.8-46.7
Capital expenditures-0.63-2.54-0.55
Purchases of investments-160-208-175
Sales and maturities of investments122185213
Cash from investing-38.3-26.137.8
Stock issued0.180.06
Cash from financing97.989.80.14
Net change in cash12.82.88-8.72
Free cash flow-47.5-63.4-47.2

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 $2.66 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-97.0%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-86.8%Net income / average total assets.
Return on invested capital (ROIC)-117.4%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-34.5%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-23.9%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y31.7%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio9.48xCurrent assets / current liabilities.
Quick ratio9.35x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio9.35x(Cash + short-term investments) / current liabilities.
Liabilities / assets10.5%Total liabilities / total assets.
Working capital$65.9MCurrent assets - current liabilities.
Tangible book value$66.0MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$2.85Net 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-$2.53Free cash flow / diluted weighted shares.
Operating cash flow per share-$2.51Cash from operations / diluted weighted shares.
Book value per share$2.94Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$2.94Tangible book value / shares outstanding.
Cash per share$3.23(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$60.5MShare price x shares outstanding.
Enterprise value-$12.1MMarket cap + total debt - cash - short-term investments.
P/B0.92xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book0.92xMarket cap / tangible book value, when positive.
FCF yield-93.8%Free cash flow / market cap.
Earnings yield-105.8%Net income / market cap (the inverse of P/E).
Was Boundless Bio, Inc. profitable in fiscal 2025?

No. It reported a net loss of $58.2M.

How much free cash flow did Boundless Bio, Inc. generate in fiscal 2025?

Cash from operations of $46.7M minus capital expenditures of $546.0K left free cash flow of -$47.2M.

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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