Adverum Biotechnologies, Inc. (ADVM) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Adverum Biotechnologies, Inc. (ADVM) stock price & volume — 10-year historical chart
Adverum Biotechnologies, Inc. (ADVM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Adverum Biotechnologies, Inc. (ADVM) competitors in Cell and Gene Therapy Developers — business model, growth, and fundamentals comparison
Adverum Biotechnologies, Inc. (ADVM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Adverum Biotechnologies, Inc. (ADVM) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 1.46M | 1.85M | 1.61M | 250K | 0 | 7.5M | 0 | 3.6M | 1M | 0 |
| Revenue Growth % | -37.26% | 27.08% | -12.82% | -84.49% | -100% | - | -100% | - | -72.22% | -100% |
| Cost of Goods Sold | 0 | 0 | 0 | 0 | 4.16M | 0 | 0 | 0 | 0 | 465K |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 0▲ 0% | 0▲ 0% | 0▲ 0% | 0▲ 0% | -4.16M▲ 0% | 7.5M▲ 280.4% | 0▼ 100.0% | 3.6M▲ 0% | 1M▼ 72.2% | -465K▲ 0% |
| Gross Margin % | - | - | - | - | - | 100% | - | 100% | 100% | - |
| Gross Profit Growth % | -100% | - | - | - | - | 280.38% | -100% | - | -72.22% | - |
| Operating Expenses | 116.74M | 60.7M | 79.69M | 68.8M | 113.79M | 153.62M | 157.13M | 132.54M | 140.16M | 206.85M |
| OpEx % of Revenue | 8023.3% | 3282.64% | 4943.73% | 27518% | - | 2048.29% | - | 3681.72% | 14015.9% | - |
| Selling, General & Admin | 24.36M | 20.86M | 24.56M | 28.38M | 44.64M | 64.44M | 57.86M | 55.06M | 63.12M | 79.44M |
| SG&A % of Revenue | 1673.88% | 1128.02% | 1523.57% | 11350.4% | - | 859.21% | - | 1529.33% | 6311.8% | - |
| Research & Development | 31.67M | 39.84M | 50.13M | 40.42M | 73.31M | 89.18M | 99.28M | 77.49M | 77.04M | 128.88M |
| R&D % of Revenue | 2176.63% | 2154.62% | 3109.99% | 16167.6% | - | 1189.08% | - | 2152.39% | 7704.1% | - |
| Other Operating Expenses | 60.71M | 0 | 5M | 0 | -4.16M | 0 | 0 | 0 | 0 | -1000K |
| Operating Income | -115.28M▲ 0% | -58.85M▲ 49.0% | -78.08M▼ 32.7% | -68.55M▲ 12.2% | -117.95M▼ 72.1% | -146.12M▼ 23.9% | -157.13M▼ 7.5% | -128.94M▲ 17.9% | -139.16M▼ 7.9% | -207.32M▲ 0% |
| Operating Margin % | -7923.3% | -3182.64% | -4843.73% | -27418% | - | -1948.29% | - | -3581.72% | -13915.9% | - |
| Operating Income Growth % | -141.06% | 48.95% | -32.68% | 12.21% | -72.08% | -23.88% | -7.54% | 17.94% | -7.92% | - |
| EBITDA | -113.68M | -56.75M | -76.33M | -66.97M | -113.79M | -141.48M | -150.61M | -123.3M | -135.51M | -204.82M |
| EBITDA Margin % | -7813.13% | -3069.28% | -4735.17% | -26788.8% | - | -1886.36% | - | -3424.94% | -13550.6% | - |
| EBITDA Growth % | -141.82% | 50.08% | -34.5% | 12.26% | -69.91% | -24.33% | -6.45% | 18.13% | -9.9% | -80.25% |
| D&A (Non-Cash Add-back) | 1.6M | 2.1M | 1.75M | 1.57M | 4.16M | 4.64M | 6.53M | 5.64M | 3.65M | 2.49M |
| EBIT | -54.57M | -58.85M | -73.08M | -68.55M | -116.39M | -146.12M | -157.13M | -128.94M | -139.16M | -207.94M |
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 762K | 2.7M | 4.2M | 4.06M | 1.56M | 582K | 2.67M | 5.75M | 8.23M | 2.92M |
| Pretax Income | -114.52M▲ 0% | -56.15M▲ 51.0% | -73.88M▼ 31.6% | -64.49M▲ 12.7% | -116.39M▼ 80.5% | -145.54M▼ 25.0% | -154.46M▼ 6.1% | -123.19M▲ 20.2% | -130.93M▼ 6.3% | -204.39M▲ 0% |
| Pretax Margin % | -7870.93% | -3036.61% | -4582.94% | -25794.4% | - | -1940.53% | - | -3422.06% | -13092.7% | - |
| Income Tax | -775K | 0 | -1.25M | 0 | 1.11M | 0 | 74K | -1.08M | 0 | 0 |
| Effective Tax Rate % | 0.68% | 0% | 1.69% | 0% | -0.96% | 0% | -0.05% | 0.88% | 0% | 0% |
| Net Income | -113.75M▲ 0% | -56.15M▲ 50.6% | -72.63M▼ 29.4% | -64.49M▲ 11.2% | -117.51M▼ 82.2% | -145.54M▼ 23.9% | -154.54M▼ 6.2% | -122.12M▲ 21.0% | -130.93M▼ 7.2% | -204.39M▲ 0% |
| Net Margin % | -7817.66% | -3036.61% | -4505.4% | -25794.4% | - | -1940.53% | - | -3392.11% | -13092.7% | - |
| Net Income Growth % | -139.7% | 50.64% | -29.35% | 11.21% | -82.22% | -23.86% | -6.18% | 20.98% | -7.22% | -88.39% |
| Net Income (Continuing) | -113.75M | -56.15M | -72.63M | -64.49M | -117.51M | -145.54M | -154.54M | -122.12M | -130.93M | -204.39M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -3.14▲ 0% | -1.29▲ 58.9% | -1.18▲ 8.5% | -0.87▲ 26.3% | -1.26▼ 44.8% | -1.48▼ 17.5% | -2.67▼ 80.4% | -2.02▲ 24.3% | -6.62▼ 227.7% | -8.70▲ 0% |
| EPS Growth % | -70.65% | 58.92% | 8.53% | 26.27% | -44.83% | -17.46% | -80.41% | 24.34% | -227.72% | -109.27% |
| EPS (Basic) | -3.14 | -1.29 | -1.18 | -0.87 | -1.26 | -1.48 | -2.67 | -2.02 | -6.62 | - |
| Diluted Shares Outstanding | 36.25M | 43.66M | 61.38M | 73.8M | 93.31M | 98.36M | 57.98M | 57.98M | 19.78M | 23.49M |
| Basic Shares Outstanding | 36.25M | 43.66M | 61.38M | 73.8M | 93.23M | 98.36M | 57.98M | 57.98M | 19.78M | 23.49M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
Adverum Biotechnologies, Inc. (ADVM) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 225.27M | 193.74M | 208.75M | 175.87M | 434.44M | 317.14M | 190.59M | 102.77M | 131.3M | 28.91M |
| Cash & Short-Term Investments | 222.17M | 190.49M | 205.08M | 166.03M | 429.73M | 305.19M | 185.59M | 96.53M | 125.69M | 26.06M |
| Cash Only | 222.17M | 70.52M | 154.95M | 65.9M | 62.42M | 34.2M | 68.43M | 75M | 60.65M | 26.06M |
| Short-Term Investments | 0 | 119.97M | 50.13M | 100.14M | 367.31M | 270.99M | 117.16M | 21.53M | 65.04M | 0 |
| Accounts Receivable | 886K | 0 | 0 | 0 | 0 | 5.71M | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | 222.26 | - | - | - | - | 277.84 | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 3.26M | 3.67M | 9.84M | 0 | 6.25M | 5.01M | 6.25M | 5.61M | 2.85M |
| Total Non-Current Assets | 9.31M | 8.16M | 4.74M | 46.86M | 48.13M | 122.58M | 117.78M | 52.99M | 48.54M | 43.49M |
| Property, Plant & Equipment | 4.17M | 3.02M | 3.59M | 45.85M | 47.1M | 119.06M | 113.86M | 49.79M | 45.22M | 39.49M |
| Fixed Asset Turnover | 0.35x | 0.61x | 0.45x | 0.01x | - | 0.06x | - | 0.07x | 0.02x | 0.00x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 5M | 5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 999K | 999K | 0 | 3.27M | 2.5M | 0 | 0 | 1.98M |
| Other Non-Current Assets | 140K | 140K | 156K | 11K | 1.03M | 250K | 1.41M | 3.21M | 3.32M | 12.26M |
| Total Assets | 234.58M▲ 0% | 201.91M▼ 13.9% | 213.5M▲ 5.7% | 222.73M▲ 4.3% | 482.57M▲ 116.7% | 439.73M▼ 8.9% | 308.37M▼ 29.9% | 155.77M▼ 49.5% | 179.84M▲ 15.5% | 72.4M▲ 0% |
| Asset Turnover | 0.01x | 0.01x | 0.01x | 0.00x | - | 0.02x | - | 0.02x | 0.01x | 0.00x |
| Asset Growth % | -11.25% | -13.93% | 5.74% | 4.32% | 116.66% | -8.88% | -29.87% | -49.49% | 15.45% | -164.36% |
| Total Current Liabilities | 9.9M | 10.67M | 10.72M | 19.41M | 20.87M | 21.32M | 32.25M | 19.98M | 22.9M | 44.75M |
| Accounts Payable | 1.47M | 1.73M | 1.71M | 4.1M | 2.81M | 1.39M | 2.24M | 1.92M | 1.61M | 12.46M |
| Days Payables Outstanding | - | - | - | - | 246.67 | - | - | - | - | 4.05K |
| Short-Term Debt | 0 | 0 | 0 | 4.13M | 0 | 1.89M | 0 | 0 | 0 | 5.81M |
| Deferred Revenue (Current) | 1.85M | 1.85M | -100K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 4M | 4.83M | 6.07M | 7.12M | 9.63M | 7.52M | 9.13M | 8.77M | 5.96M | 16.66M |
| Current Ratio | 22.76x | 18.15x | 19.48x | 9.06x | 20.82x | 14.88x | 5.91x | 5.14x | 5.73x | 5.73x |
| Quick Ratio | 22.76x | 18.15x | 19.48x | 9.06x | 20.82x | 14.88x | 5.91x | 5.14x | 5.73x | 5.73x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 9.09M | 7.2M | 1.61M | 28.36M | 27.35M | 102.22M | 94.61M | 68.56M | 86.23M | 83.31M |
| Long-Term Debt | 0 | 0 | 0 | 100K | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 28.21M | 26.23M | 101.11M | 93.56M | 68.56M | 86.04M | 339.97M |
| Deferred Tax Liabilities | 1.25M | 1.25M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 738K | 703K | 1.41M | 48K | 1.11M | 1.11M | 1.05M | 0 | 192K | 744K |
| Total Liabilities | 18.98M | 17.88M | 12.33M | 47.77M | 48.22M | 123.54M | 126.85M | 88.55M | 109.13M | 128.05M |
| Total Debt | 0 | 400K | 300K | 32.45M | 30.71M | 102.99M | 106.8M | 74.04M | 91.7M | 88.94M |
| Net Debt | -222.17M | -70.12M | -154.65M | -33.45M | -31.72M | 68.8M | 38.37M | -959K | 31.05M | 62.88M |
| Debt / Equity | - | 0.00x | 0.00x | 0.19x | 0.07x | 0.33x | 0.59x | 1.10x | 1.30x | 1.30x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | -0.43x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | -0.31x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 215.6M▲ 0% | 184.03M▼ 14.6% | 201.17M▲ 9.3% | 174.96M▼ 13.0% | 434.35M▲ 148.3% | 316.19M▼ 27.2% | 181.52M▼ 42.6% | 67.22M▼ 63.0% | 70.71M▲ 5.2% | -55.65M▲ 0% |
| Equity Growth % | -14.64% | -14.64% | 9.31% | -13.03% | 148.26% | -27.2% | -42.59% | -62.97% | 5.19% | -330.96% |
| Book Value per Share | 5.95 | 4.21 | 3.28 | 2.37 | 4.65 | 3.21 | 3.13 | 1.16 | 3.57 | -2.37 |
| Total Shareholders' Equity | 215.6M | 184.03M | 201.17M | 174.96M | 434.35M | 316.19M | 181.52M | 67.22M | 70.71M | -55.65M |
| Common Stock | 4K | 5K | 6K | 7K | 10K | 10K | 10K | 1K | 2K | 2K |
| Retained Earnings | -197.91M | -254.06M | -320.54M | -385.03M | -502.54M | -648.08M | -802.61M | -936.02M | -1.07B | -1.21B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -7K | -963K | -799K | -725K | -261K | -714K | -1.53M | -473K | -407K | -440K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Adverum Biotechnologies, Inc. (ADVM) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -38.37M | -45.42M | -53.96M | -49.17M | -79.29M | -107.83M | -108.09M | -90.9M | -92.46M | -92.46M |
| Operating CF Margin % | -2636.84% | -2456.52% | -3347.64% | -19668% | - | -1437.75% | - | -2525.06% | -9246.2% | - |
| Operating CF Growth % | -8.57% | -18.39% | -18.81% | 8.88% | -61.26% | -35.99% | -0.24% | 15.9% | -1.72% | -244.43% |
| Net Income | -113.75M | -56.15M | -72.63M | -64.49M | -117.51M | -145.54M | -154.54M | -122.12M | -130.93M | -204.39M |
| Depreciation & Amortization | 1.6M | 2.1M | 1.75M | 1.57M | 4.16M | 4.64M | 6.53M | 5.64M | 3.65M | 2.49M |
| Stock-Based Compensation | 11.42M | 8.72M | 13.43M | 9.9M | 20.39M | 25.19M | 20.08M | 17.57M | 14.35M | 7.55M |
| Deferred Taxes | 60.71M | 593K | -1.25M | -1.27M | 863K | 3.83M | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 8K | 70K | 6.35M | 58K | 75K | -25K | -51K | 16.51M | 19.55M | 3.56M |
| Working Capital Changes | 1.64M | -756K | -1.62M | 5.06M | 12.73M | 4.06M | 19.89M | -8.51M | 911K | 33.28M |
| Change in Receivables | -437K | 886K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | -1.11M | -29K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -111K | 333K | -67K | -650K | 1.58M | -1.61M | 845K | -369K | -262K | 10.39M |
| Cash from Investing | 38.77M | -122.2M | 69.44M | -68.07M | -280.17M | 78.71M | 141.72M | 96.88M | -41.89M | 60.85M |
| Capital Expenditures | -2.41M | -1.02M | -809K | -19.25M | -11.84M | -15.12M | -11.82M | -808K | -388K | -543K |
| CapEx % of Revenue | 165.77% | 54.95% | 50.19% | 7698.8% | - | 201.64% | - | 22.44% | 38.8% | - |
| Acquisitions | 3.45M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 38.77M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 556K | 16.75M | 69.95M | 28.19M | 355.99M | 2.4M | 607K | 69K | 120M | 10.26M |
| Debt Issued (Net) | 0 | 0 | -175K | -112K | -61K | -240K | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 607K | 489K | 1000K | 1.36M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 556K | 229K | -63K | 2.41M | 11.74M | 952K | 0 | -420K | 642K | 0 |
| Net Change in Cash | 822K▲ 0% | -151.65M▼ 18549.0% | 85.43M▲ 156.3% | -89.05M▼ 204.2% | -3.47M▲ 96.1% | -26.73M▼ 669.5% | 34.24M▲ 228.1% | 6.04M▼ 82.4% | -14.35M▼ 337.5% | -66.79M▲ 0% |
| Free Cash Flow | -40.78M▲ 0% | -46.44M▼ 13.9% | -54.77M▼ 18.0% | -68.42M▼ 24.9% | -91.14M▼ 33.2% | -122.95M▼ 34.9% | -119.91M▲ 2.5% | -91.71M▲ 23.5% | -92.85M▼ 1.2% | -138.44M▲ 0% |
| FCF Margin % | -2802.61% | -2511.47% | -3397.83% | -27366.8% | - | -1639.39% | - | -2547.5% | -9285% | - |
| FCF Growth % | -6.39% | -13.88% | -17.95% | -24.91% | -33.21% | -34.91% | 2.48% | 23.52% | -1.24% | -60.73% |
| FCF per Share | -1.13 | -1.06 | -0.89 | -0.93 | -0.98 | -1.25 | -2.07 | -1.58 | -4.69 | -4.69 |
| FCF Conversion (FCF/Net Income) | 0.34x | 0.81x | 0.74x | 0.76x | 0.67x | 0.74x | 0.70x | 0.74x | 0.71x | 0.68x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Adverum Biotechnologies, Inc. (ADVM) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -48.59% | -28.1% | -37.71% | -34.29% | -38.57% | -38.78% | -62.1% | -98.19% | -189.84% | -3844.85% |
| Return on Invested Capital (ROIC) | - | -82.24% | -73.01% | -54.68% | -32.51% | -27.83% | -38.97% | -67.59% | -124.23% | -124.23% |
| Gross Margin | - | - | - | - | - | 100% | - | 100% | 100% | - |
| Net Margin | -7817.66% | -3036.61% | -4505.4% | -25794.4% | - | -1940.53% | - | -3392.11% | -13092.7% | - |
| Debt / Equity | - | 0.00x | 0.00x | 0.19x | 0.07x | 0.33x | 0.59x | 1.10x | 1.30x | 1.30x |
| FCF Conversion | 0.34x | 0.81x | 0.74x | 0.76x | 0.67x | 0.74x | 0.70x | 0.74x | 0.71x | 0.68x |
| Revenue Growth | -37.26% | 27.08% | -12.82% | -84.49% | -100% | - | -100% | - | -72.22% | -100% |
Adverum Biotechnologies, Inc. (ADVM) stock FAQ — growth, dividends, profitability & financials explained
Adverum Biotechnologies, Inc. (ADVM) reported $1.0M in revenue for fiscal year 2024. This represents a 3233% increase from $0.0M in 2012.
Adverum Biotechnologies, Inc. (ADVM) saw revenue decline by 72.2% over the past year.
Adverum Biotechnologies, Inc. (ADVM) reported a net loss of $204.4M for fiscal year 2024.
Adverum Biotechnologies, Inc. (ADVM) has a return on equity (ROE) of -189.8%. Negative ROE indicates the company is unprofitable.
Adverum Biotechnologies, Inc. (ADVM) had negative free cash flow of $138.4M in fiscal year 2024, likely due to heavy capital investments.
Adverum Biotechnologies, Inc. (ADVM) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates