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Financial statements

Neumora Therapeutics, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Neumora 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 development91.7143201176
General and administrative31.145.562.560.1
Operating expenses136252263241
Operating income-136-252-263-241
Interest expense02.01
Interest income19.98.34
Other non-operating income4.9716.419.94.36
Pre-tax income-131-236-244-237
Income tax0.270.180.13
Net income-131-236-244-237
EBITDA-135-251-263-241
EPS, basic-4.81-3.63-1.53-1.45
EPS, diluted-4.81-3.63-1.53-1.45
Shares, basic (weighted)27.265159163
Shares, diluted (weighted)27.265159163

Balance sheet

FY2023FY2023FY2024FY2025
Cash and equivalents241374142183
Short-term investments13179.9165
Other current assets1624.35.268.01
Total current assets388478314191
Property, plant and equipment2.411.791.140.04
Lease right-of-use assets8.235.071.780.42
Long-term investments23.59.85
Other non-current assets2.9100.05
Total assets426496317191
Accounts payable7.150.343.313.38
Accrued liabilities11.521.324.628.8
Short-term debt60
Total current liabilities23.725.129.932.5
Long-term debt054.5
Lease liabilities5.071.8500.19
Total liabilities29.427.129.987.2
Total debt054.5
Paid-in capital21.41,1731,2341,288
Retained earnings-468-703-947-1,184
Other comprehensive income-0.77-0.080.06
Shareholders' equity-447469287104
Total equity-447469287104
Total liabilities and equity426496317191
Shares outstanding32.6159162174

Cash flow statement

FY2023FY2023FY2024FY2025
Net income-131-236-244-237
Depreciation and amortization0.590.670.630.21
Stock-based compensation8.317.24029.9
Change in payables-1.25-0.582.870.07
Cash from operations-115-163-183-206
Capital expenditures-0.51-0.12
Purchases of investments-226-109-312-82.9
Sales and maturities of investments71.9178
Cash from investing-16864.4-70.6169
Stock issued2.660.817.480
Cash from financing11623221.677.1
Net change in cash-167133-23239.2
Free cash flow-115-163
Interest paid3.22
Income taxes paid0.470.32

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 $0.68 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-477.9%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-169.9%Net income / average total assets.

Growth

MetricValueHow it is calculated
Book value growth, 1y-63.8%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-39.7%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-23.5%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y2.5%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y81.8%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 ratio4.50xCurrent assets / current liabilities.
Quick ratio4.21x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio4.21x(Cash + short-term investments) / current liabilities.
Debt / equity1.19xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets42.2%Total debt / total assets.
Liabilities / assets64.5%Total liabilities / total assets.
Net debt-$63.9MTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-37.4xOperating income / interest expense.
Working capital$97.1MCurrent assets - current liabilities.
Tangible book value$44.5MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$1.15Net 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.
Operating cash flow per share-$0.97Cash from operations / diluted weighted shares.
Book value per share$0.24Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.24Tangible book value / shares outstanding.
Cash per share$0.63(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$127.3MShare price x shares outstanding.
Enterprise value$63.4MMarket cap + total debt - cash - short-term investments.
P/B2.86xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book2.86xMarket cap / tangible book value, when positive.
Earnings yield-167.1%Net income / market cap (the inverse of P/E).
Was Neumora Therapeutics, Inc. profitable in fiscal 2025?

No. It reported a net loss of $236.9M.

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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