Gritstone bio, Inc.(GRTS) Stock Research - Grey Stern Research
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Gritstone bio, Inc. (GRTS) Stock Analysis

$0.63 (14.00%)

GRTS Financial Performance


Use the table below to view Gritstone bio, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2024

Metric Value Ranking among Peers
Price $0.55 -
52 Week Low $0.42 -
52 Week High $3.33 -
Market Cap $65.0 Million 19/24
Gross Margin 100% 1/24
Profit Margin -100% 17/24
EBITDA margin -2995% 20/24
Q2 - 2024 Revenue $921,000 11/24
Q2 - 2024 Earnings -$23.4 Million 17/24
Q2 - 2024 Free Cash Flow $0 Million 6/24
Trailing 4 Quarters Revenue $16.4 Million 9/24
Trailing 4 Quarters Earnings -$133.0 Million 18/24
Quarterly Earnings Growth 34% 13/24
Annual Earnings Growth 3% 16/24
Quarterly Revenue Growth 130% 5/24
Annual Revenue Growth 708% 4/24
Cash On Hand $50.9 Million 12/24
Short Term Debt $7.2 Million 6/24
Long Term Debt $95.3 Million 3/24

Gritstone bio, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Gritstone bio, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE -1.00 1/24
PS 3.97 14/24
PB 2.93 6/24
PC 1.28 20/24
Liabilities to Equity 5.42 1/24
ROA -0.93 20/24
ROE -5.99 23/24
Current Ratio 1.18 20/24
Quick Ratio 0.46 21/24
Long Term Debt to Equity 4.30 1/24
Debt to Equity 4.62 1/24
Burn Rate 1.76 10/24
Cash to Cap 0.78 5/24
CCR 0.00 22/24
EV to EBITDA -4.22 15/24
EV to Revenue 7.12 10/24

Company Details

Gritstone bio, Inc., a clinical-stage biotechnology company, engages in developing immunotherapies against multiple cancer types and infectious diseases. Its lead product candidate is GRANITE, a neoantigen-based immunotherapy for the treatment of solid tumors, including metastatic non-small cell lung cancer, as well as gastroesophageal, bladder and microsatellite stable, and colorectal cancers. The company is also developing SLATE, an off-the-shelf immunotherapy candidate for the treatment of common solid tumors comprising metastatic non-small cell lung cancer, colorectal cancer, pancreatic cancer, and shared neoantigen-positive tumors. In addition, it develops CORAL, a SARS-CoV-2 vaccine platform designed to deliver spike and additional SARS-CoV-2 T cell epitopes for protection and broader immunity against SARS-CoV-2 variants; and a therapeutic vaccine candidate designed to treat and cure human immunodeficiency virus (HIV) infection. It has a strategic collaboration with bluebird bio, Inc.; collaboration agreement with Gilead Sciences, Inc.; and license agreement with Genevant Sciences GmbH. The company was formerly known as Gritstone Oncology, Inc. and changed its name to Gritstone bio, Inc. in May 2021. Gritstone bio, Inc. was incorporated in 2015 and is headquartered in Emeryville, California.

CEO: Dr. Andrew Allen

Website: https://gritstonebio.com

Address: 5858 Horton St Ste 210 Emeryville, CALIFORNIA

Exchange: NASDAQ Global Select

Industry: Biotechnology

Gritstone bio, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Gritstone bio, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
ImmunoGen, Inc. IMGN $8.7 Billion
Heron Therapeutics, Inc. HRTX $306.4 Million
Sangamo Therapeutics, Inc. SGMO $187.4 Million
G1 Therapeutics, Inc. GTHX $377.2 Million
Adaptimmune Therapeutics plc ADAP $258.3 Million
Corvus Pharmaceuticals, Inc. CRVS $350.9 Million
Affimed N.V. AFMD $60.3 Million
Leap Therapeutics, Inc. LPTX $108.7 Million
Aurinia Pharmaceuticals Inc. AUPH $1.0 Billion
Aptose Biosciences Inc. APTO $7.2 Million
InflaRx N.V. IFRX $89.5 Million
Allogene Therapeutics, Inc. ALLO $608.5 Million
BridgeBio Pharma, Inc. BBIO $5.0 Billion
Fulcrum Therapeutics, Inc. FULC $215.3 Million
Kezar Life Sciences, Inc. KZR $42.5 Million
Annovis Bio, Inc. ANVS $112.8 Million
Passage Bio, Inc. PASG $43.2 Million
Generation Bio Co. GBIO $190.9 Million
Annexon, Inc. ANNX $742.2 Million
Kronos Bio, Inc. KRON $57.1 Million
C4 Therapeutics, Inc. CCCC $455.5 Million
Edgewise Therapeutics, Inc. EWTX $2.8 Billion
Erasca, Inc. ERAS $839.0 Million
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
GRTS Income Statements
Quarter Year Revenue Earnings
Q2 2024 $ 921,000 -$23.4 Million
Q1 2024 $ 49,000 -$40.4 Million
Q4 2023 $ 13.8 Million -$30.8 Million
Q3 2023 $ 1.6 Million -$38.4 Million
Q2 2023 $ 400,000 -$35.3 Million
Q1 2023 $ 542,000 -$34.0 Million
Q4 2022 $ 1.3 Million -$30.7 Million
Q3 2022 $ 3.0 Million -$30.0 Million

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GRTS Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q2 2024 $50.9 Million $142.5 Million $102.5 Million $22.2 Million
Q1 2024 $43.6 Million $137.2 Million $103.3 Million $14.0 Million
Q4 2023 $63.0 Million $177.8 Million $104.8 Million $51.9 Million
Q3 2023 $29.5 Million $187.2 Million $95.3 Million $74.0 Million
Q2 2023 $41.4 Million $222.6 Million $95.4 Million $109.6 Million
Q1 2023 $47.1 Million $210.0 Million $48.8 Million $140.9 Million
Q4 2022 $55.5 Million $240.8 Million $40.3 Million $170.8 Million
Q3 2022 $64.9 Million $205.2 Million $42.4 Million $136.8 Million

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GRTS Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q2 2024 $0 $0 $0
Q1 2024 -$33.7 Million -$143,000 -$21.6 Million
Q4 2023 -$19.7 Million -$191,000 $34.5 Million
Q3 2023 $0 $0 $0
Q2 2023 -$32.7 Million -$1.7 Million -$5.4 Million
Q1 2023 -$41.7 Million -$1.6 Million -$10.3 Million
Q4 2022 -$31.9 Million -$1.5 Million -$12.2 Million
Q3 2022 -$26.9 Million -$1.1 Million -$3.4 Million

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