AB

Abeona Therapeutics Inc

ABEO
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Abeona Therapeutics Inc AI Insights

Informational only. Not investment advice.
As of 2025-12-09

Snapshot

  • Net income TTM of 82.4M on just 400K revenue driven by 90M EBITDA - likely one-time licensing/milestone income, not recurring operations.[Net Income TTM]
  • FCF burn of -82.4M TTM with 82.9M cash leaves ~12 months runway without additional financing or milestone payments.[Free Cash Flow TTM]
  • Revenue declined -55% 3Y CAGR while R&D of 29.1M continues - pre-commercial biotech dependent on pipeline catalysts.[Total Revenue 3yr Growth TTM]

Watch Triggers

  • Cash and Equivalents: Falls below 50MSignals imminent dilutive financing within 6 months at current burn rate.
  • Total Revenue TTM: Exceeds 10MWould indicate commercial launch or recurring partnership revenue vs one-time milestones.
  • Free Cash Flow TTM: Improves to above -50MExtends runway materially, reduces near-term dilution risk.

Bull Case

Positive net income (82.4M) and EBITDA (89.9M) TTM suggest recent milestone/licensing deal - validates pipeline value if recurring.

Net Income TTMEBITDA TTM

Trading at 1.7x book (171.2M equity) with 193.9M working capital provides downside cushion if pipeline advances.

P/B RatioWorking Capital

Bear Case

Negative gross margin (-47%) and -208% operating margin indicate core operations are deeply unprofitable without one-time income.

Gross Margin TTMOperating Margin TTM

Revenue declining -55% 3Y CAGR with minimal commercial traction (400K TTM) - binary pipeline risk with no revenue diversification.

Total Revenue 3yr Growth TTMTotal Revenue TTM

Bull vs Bear Balance

AI-generated sentiment analysis based on fundamental metrics and market conditions.

BearBull
35%

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Forward Thesis

Cash runway exhaustion within 12-18 months will force dilutive financing or partnership deal.

3-12mhigh
  • 82.9M cash vs 82.4M annual FCF burn
  • No recurring revenue base (400K TTM)
  • Ongoing R&D spend of 29.1M annually
FCF TTM: -82.4MCash: 82.9MRevenue TTM: 400K
Valuation Context
Caveats

Public Strategies Rankings

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Fundamental company data provided by Morningstar, updated daily.

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