Invesaro

Stocks EVMN Financial statements

Financial statements

Evommune, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data Evommune, 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

FY2025FY2025
Revenue713
Research and development64.274
General and administrative12.820
Operating expenses7794.1
Operating income-70-81.1
Interest income3.243.32
Other non-operating income3.2112.2
Pre-tax income-68.3-68.9
Income tax00
Net income-66.8-68.9
EBITDA-69.5-80.5
EPS, basic-45.29-11.22
EPS, diluted-45.29-11.22
Shares, basic (weighted)1.516.14
Shares, diluted (weighted)1.516.14

Balance sheet

FY2025FY2025
Cash and equivalents16.344.1
Short-term investments55.8105
Other current assets1.954.28
Total current assets74153
Property, plant and equipment1.330.99
Lease right-of-use assets0.471.47
Long-term investments67.5
Other non-current assets0.060.1
Total assets76.1225
Accounts payable8.267.76
Accrued liabilities6.739.55
Deferred revenue3
Total current liabilities2817.9
Lease liabilities1.29
Other non-current liabilities0.54
Total liabilities28.519.4
Paid-in capital7.98427
Retained earnings-152-221
Shareholders' equity-144206
Total equity-144206
Total liabilities and equity76.1225
Shares outstanding1.5531.5

Cash flow statement

FY2025FY2025
Net income-66.8-68.9
Depreciation and amortization0.50.6
Stock-based compensation1.725.86
Change in payables6.51-0.84
Cash from operations-58.2-76.4
Capital expenditures-0.09-0.24
Purchases of investments-90.3-199
Sales and maturities of investments86.484.1
Cash from investing-3.99-115
Stock issued0.010.01
Cash from financing49.4221
Net change in cash-12.829
Free cash flow-58.3-76.7
Interest paid0.030.01

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 $8.49 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Operating margin-1,019.0%Operating income / revenue.
EBITDA margin-1,010.0%EBITDA (operating income + depreciation and amortization) / revenue.
Net margin-946.7%Net income / revenue.
FCF margin-746.5%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-741.5%Cash from operations / revenue.
Return on equity (ROE)-34.1%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-31.4%Net income / average total assets.
Return on invested capital (ROIC)-37.0%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%.
R&D / revenue837.7%Research and development expense / revenue.
Stock-based pay / revenue128.1%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue5.0%Capital expenditures / revenue.
D&A / revenue9.4%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y85.7%Revenue vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y195.8%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y306.9%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 ratio11.7xCurrent assets / current liabilities.
Quick ratio11.5x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio11.5x(Cash + short-term investments) / current liabilities.
Liabilities / assets8.1%Total liabilities / total assets.
Working capital$186.8MCurrent assets - current liabilities.
Tangible book value$277.6MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.03xRevenue / average total assets.
Fixed asset turnover6.06xRevenue / average property, plant and equipment.

Per share

MetricValueHow it is calculated
EPS, diluted-$2.62Net 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.
Revenue per share$0.28Revenue / diluted weighted shares.
FCF per share-$2.07Free cash flow / diluted weighted shares.
Operating cash flow per share-$2.05Cash from operations / diluted weighted shares.
Book value per share$7.65Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$7.65Tangible book value / shares outstanding.
Cash per share$5.53(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$308.1MShare price x shares outstanding.
Enterprise value$107.3MMarket cap + total debt - cash - short-term investments.
P/S30.8xMarket cap / revenue.
P/B1.11xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book1.11xMarket cap / tangible book value, when positive.
EV/Sales10.7xEnterprise value / revenue.
FCF yield-24.2%Free cash flow / market cap.
Earnings yield-30.7%Net income / market cap (the inverse of P/E).
What was Evommune, Inc.'s revenue in fiscal 2025?

Evommune, Inc. reported revenue of $13.0M for fiscal 2025, 85.7% higher than the year before.

Was Evommune, Inc. profitable in fiscal 2025?

No. It reported a net loss of $68.9M.

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

Cash from operations of $76.4M minus capital expenditures of $235.0K left free cash flow of -$76.7M.

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.

Open interactive statements, quarterly figures and charts

Back to Evommune, Inc.