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Financial statements

enGene Therapeutics Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data enGene Therapeutics 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

FY2023FY2023FY2024FY2025
Research and development15.516.538.394.5
General and administrative3.969.62428.7
Operating expenses19.426.162.3123
Operating income-19.4-26.1-62.3-123
Interest expense1.424.952.82.99
Interest income0.131.1210.49.43
Other non-operating income-5.01-73.87.145.86
Pre-tax income-24.4-99.9-55.2-117
Income tax0.020.02-0.020
Net income-24.5-99.9-55.1-117
EBITDA-19.2-25.9-62-123
EPS, basic44.30151.221.462.29
EPS, diluted44.30151.221.462.29
Shares, basic (weighted)0.660.6937.851.1
Shares, diluted (weighted)0.660.6937.851.1
Dividend per share0.000.000.00

Balance sheet

FY2023FY2023FY2024FY2025
Cash and equivalents20.481.517350.2
Short-term investments65.3144
Other current assets0.741.58.636.65
Total current assets22.685.4247201
Property, plant and equipment0.390.591.172.48
Lease right-of-use assets1.747.72
Long-term investments59.58.52
Other non-current assets0.940.931.371.36
Total assets23.987311221
Accounts payable0.721.161.416.69
Accrued liabilities0.680.813.484.05
Total current liabilities5.15.2614.732
Long-term debt9.659.2222.515.3
Lease liabilities1.436.46
Total liabilities47.414.538.653.8
Paid-in capital7.6813.71927.3
Retained earnings-99.7-200-255-372
Other comprehensive income-1.02-1.02-1.42-0.89
Shareholders' equity-76.672.5273168
Total equity-76.672.5273168
Total liabilities and equity23.987311221
Shares outstanding0.6723.25152

Cash flow statement

FY2023FY2023FY2024FY2025
Net income-24.5-99.9-55.1-117
Depreciation and amortization0.20.20.30.5
Stock-based compensation0.123.455.329.65
Change in payables-0.20.370.474.94
Cash from operations-17.6-24.7-48.3-99.2
Capital expenditures-0.15-0.32-0.93-1.49
Purchases of investments-125-161
Cash from investing-0.15-0.32-126-25.1
Debt issued1122.5
Debt repaid-1.01
Stock issued0.010.040.112.22
Dividends paid0
Cash from financing2886.12661.52
Exchange rate effect-0.81000
Net change in cash9.4261.191.5-123
Free cash flow-17.7-25.1-49.2-101
Interest paid0.621.41.932.29

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to July 31, 2026; growth uses fiscal years. Valuation uses the share price of $1.96 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-56.6%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-45.2%Net income / average total assets.
Return on invested capital (ROIC)-57.0%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
EPS growth, 1y56.8%EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y-62.7%Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y-38.5%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-28.8%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y110.0%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y35.3%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y327.3%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio10.2xCurrent assets / current liabilities.
Quick ratio9.79x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio9.79x(Cash + short-term investments) / current liabilities.
Liabilities / assets20.1%Total liabilities / total assets.
Interest coverage-44.5xOperating income / interest expense.
Working capital$250.7MCurrent assets - current liabilities.
Tangible book value$230.3MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$1.87Net 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-$1.49Free cash flow / diluted weighted shares.
Operating cash flow per share-$1.48Cash from operations / diluted weighted shares.
Book value per share$3.44Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$3.44Tangible book value / shares outstanding.
Cash per share$3.97(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$131.3MShare price x shares outstanding.
Enterprise value-$135.0MMarket cap + total debt - cash - short-term investments.
P/B0.57xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book0.57xMarket cap / tangible book value, when positive.
FCF yield-79.2%Free cash flow / market cap.
Earnings yield-99.3%Net income / market cap (the inverse of P/E).
Was enGene Therapeutics Inc. profitable in fiscal 2025?

No. It reported a net loss of $117.3M.

How much free cash flow did enGene Therapeutics Inc. generate in fiscal 2025?

Cash from operations of $99.2M minus capital expenditures of $1.5M left free cash flow of -$100.7M.

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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