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Viridian Therapeutics, Inc. (VRDN) 10-Year Financial Performance & Capital Metrics

VRDN • • Industrial / General
HealthcareBiotechnologyAutoimmune & Inflammatory DiseasesOcular & Thyroid Diseases
AboutViridian Therapeutics, Inc., a biotechnology company, develops treatments for patients suffering from serious diseases. It develops VRDN-001, a humanized monoclonal anti-IGF-1R antibody that is in Phase 1/2 clinical trial for the treatment of thyroid eye disease (TED); VRDN-002, an IGF-1R antibody, which is in Phase 1 clinical trial; and VRDN-003, a therapeutic antibody targeting IGF-1R for the treatment of TED. The company was formerly known as Miragen Therapeutics, Inc. and changed its name to Viridian Therapeutics, Inc. in January 2021. Viridian Therapeutics, Inc. was founded in 2006 and is headquartered in Waltham, Massachusetts.Show more
  • Revenue $302K -3.8%
  • EBITDA -$298M -17.3%
  • Net Income -$270M -13.6%
  • EPS (Diluted) -3.98 +25.0%
  • Gross Margin 100%
  • EBITDA Margin -98607.62% -21.9%
  • Operating Margin -99018.21% -22.2%
  • Net Margin -89387.09% -18.1%
  • ROE -48.48% +14.6%
  • ROIC -47.05% +25.4%
  • Debt/Equity 0.03 -34.0%
  • Interest Coverage -98.17 +28.7%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Momentum leader: RS Rating 92 (top 8%)
  • ✓Trading near 52-week high

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Negative free cash flow
  • ✗Sales declining 41.6% over 5 years
  • ✗Shares diluted 51.7% in last year
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-23.36%
5Y-41.64%
3Y-53.29%
TTM23340.07%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-17.46%

EPS CAGR

10Y-
5Y-
3Y-
TTM29.93%

ROCE

10Y Avg-102.37%
5Y Avg-72.82%
3Y Avg-51.94%
Latest-51.63%

Peer Comparison

Ocular & Thyroid Diseases
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Per Share
Growth
Profitability
Quality & Returns
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TTM Growth
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Momentum & Returns
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Technical
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Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
VRDNViridian Therapeutics, Inc.3.15B33.03-8.30-3.82%-426.58%-60.04%0.03

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+2.54M3.34M4M8.39M4.46M1.05M2.96M1.77M314K302K
Revenue Growth %-0.41%0.31%0.2%1.09%-0.47%-0.76%1.82%-0.4%-0.82%-0.04%
Cost of Goods Sold+2.47M2.55M19.62M30.42M028.3M0000
COGS % of Revenue0.97%0.76%4.9%3.63%-26.96%----
Gross Profit+66K789K-15.62M-22.04M4.46M-27.25M2.96M1.77M314K302K
Gross Margin %0.03%0.24%-3.9%-2.63%1%-25.96%1%1%1%1%
Gross Profit Growth %-0.94%10.95%-20.8%-0.41%1.2%-7.11%1.11%-0.4%-0.82%-0.04%
Operating Expenses+11.25M10.46M30.54M41.47M46.44M83.13M82.69M136.08M254.76M299.34M
OpEx % of Revenue4.43%3.14%7.63%4.95%10.41%79.17%27.91%76.79%811.35%991.18%
Selling, General & Admin10.25M9.57M10.91M11.05M11.65M13.27M25.8M35.18M95M61.08M
SG&A % of Revenue4.04%2.87%2.73%1.32%2.61%12.63%8.71%19.85%302.54%202.26%
Research & Development1M888K19.62M30.42M34.79M28.3M56.89M100.89M159.76M238.25M
R&D % of Revenue0.39%0.27%4.9%3.63%7.8%26.96%19.2%56.94%508.81%788.92%
Other Operating Expenses0000041.56M0000
Operating Income+-11.19M-12.51M-26.53M-33.08M-41.98M-110.38M-79.73M-134.3M-254.45M-299.04M
Operating Margin %-4.41%-3.75%-6.63%-3.95%-9.41%-105.12%-26.91%-75.79%-810.35%-990.18%
Operating Income Growth %-0.63%-0.12%-1.12%-0.25%-0.27%-1.63%0.28%-0.68%-0.89%-0.18%
EBITDA+-11M-12.17M-26.22M-32.8M-41.69M-110.14M-79.61M-134.05M-253.93M-297.8M
EBITDA Margin %-4.34%-3.65%-6.55%-3.91%-9.35%-104.9%-26.87%-75.65%-808.69%-986.08%
EBITDA Growth %-0.64%-0.11%-1.16%-0.25%-0.27%-1.64%0.28%-0.68%-0.89%-0.17%
D&A (Non-Cash Add-back)184K341K308K281K288K239K120K255K522K1.24M
EBIT-11.19M-12.58M-26.13M-31.83M-41.04M-40.52M-79.41M-129.39M-235.89M-266.9M
Net Interest Income+-141K-95K20K381K106K-335K315K4.43M16.72M29.09M
Interest Income00403K1.25M941K173K318K4.92M18.56M32.13M
Interest Expense141K95K383K873K835K508K3K486K1.85M3.05M
Other Income/Expense-141K-166K20K381K106K-335K315K4.43M16.72M29.09M
Pretax Income+-11.33M-12.67M-26.51M-32.7M-41.87M-110.72M-79.41M-129.87M-237.73M-269.95M
Pretax Margin %-4.46%-3.8%-6.62%-3.9%-9.39%-105.44%-26.8%-73.29%-757.11%-893.87%
Income Tax+095K95K0000000
Effective Tax Rate %1%1%1%1%1%1%1%1%1%1%
Net Income+-11.33M-12.67M-26.51M-32.7M-41.87M-110.72M-79.41M-129.87M-237.73M-269.95M
Net Margin %-4.46%-3.8%-6.62%-3.9%-9.39%-105.44%-26.8%-73.29%-757.11%-893.87%
Net Income Growth %-0.44%-0.12%-1.09%-0.23%-0.28%-1.64%0.28%-0.64%-0.83%-0.14%
Net Income (Continuing)-11.33M-12.67M-26.51M-32.7M-41.87M-110.72M-79.41M-129.87M-237.73M-269.95M
Discontinued Operations0000000000
Minority Interest0000000000
EPS (Diluted)+-21.00-17.57-20.66-16.57-20.31-31.20-6.66-3.91-5.31-3.98
EPS Growth %0.6%0.16%-0.18%0.2%-0.23%-0.54%0.79%0.41%-0.36%0.25%
EPS (Basic)-21.00-17.57-20.66-16.57-20.31-31.20-6.66-3.91-5.31-3.98
Diluted Shares Outstanding539.46K721.41K1.28M1.97M2.09M3.56M11.92M32.09M44.76M67.89M
Basic Shares Outstanding539.45K721.41K1.28M1.97M2.09M3.56M11.92M32.09M44.76M67.89M
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+11.73M4.26M51.87M65.37M29.74M129.61M200.16M424.55M486.48M738.46M
Cash & Short-Term Investments10.83M3.34M47.44M62.48M26.84M127.64M196.97M424.55M477.37M717.58M
Cash Only10.83M3.34M47.44M32.61M24.85M45.9M42.3M155.58M102.83M99.59M
Short-Term Investments00029.88M2M81.74M154.67M268.97M374.54M617.99M
Accounts Receivable394K524K1.46M24K108K0451K102K102K0
Days Sales Outstanding56.6657.31132.761.048.84-55.5621.01118.57-
Inventory187K64K00000-6.62M00
Days Inventory Outstanding27.619.17--------
Other Current Assets321K170K2.97M2.87M-108K006.52M9.01M20.88M
Total Non-Current Assets+1.17M883K613K777K523K1.64M3.55M10.54M3.95M3.94M
Property, Plant & Equipment1.15M625K563K727K523K787K2.06M2.94M3.34M3.44M
Fixed Asset Turnover2.20x5.34x7.11x11.54x8.53x1.33x1.44x0.60x0.09x0.09x
Goodwill0000000000
Intangible Assets0000000000
Long-Term Investments0000000000
Other Non-Current Assets15K258K50K50K0857K1.49M7.61M604K501K
Total Assets+12.9M4.26M52.48M66.15M30.26M131.25M203.71M435.09M490.42M742.4M
Asset Turnover0.20x0.78x0.08x0.13x0.15x0.01x0.01x0.00x0.00x0.00x
Asset Growth %0.6%-0.67%11.32%0.26%-0.54%3.34%0.55%1.14%0.13%0.51%
Total Current Liabilities+2.47M4.58M3.9M6.73M10.18M10.67M13.64M33.35M26.64M47.87M
Accounts Payable242K159K906K571K1.1M670K2.33M14.23M2.24M2.14M
Days Payables Outstanding35.7322.7816.856.85-8.64----
Short-Term Debt1.1M002.29M3.98M00000
Deferred Revenue (Current)1000K1000K01000K0301K289K288K288K288K
Other Current Liabilities295K1.17M353K239K674K7.29M3.75M4.87M12.75M10.74M
Current Ratio4.75x0.93x13.31x9.71x2.92x12.14x14.68x12.73x18.26x15.43x
Quick Ratio4.68x0.91x13.31x9.71x2.92x12.14x14.68x12.93x18.26x15.43x
Cash Conversion Cycle48.5443.71--------
Total Non-Current Liabilities+24K2.82M10.07M8.07M4.33M544K2.36M6.68M21.77M22.89M
Long-Term Debt02.82M9.92M8M4.33M004.64M20.2M20.58M
Capital Lease Obligations0000000000
Deferred Tax Liabilities0000000000
Other Non-Current Liabilities24K0152K66K0544K1.21M1.17M989K2.02M
Total Liabilities2.49M4.58M13.97M14.8M14.51M11.22M15.99M40.03M48.4M70.76M
Total Debt+1.1M1.04M9.92M10.3M8.3M455K520K5.26M21.05M21.09M
Net Debt-9.73M-2.3M-37.52M-22.31M-16.54M-45.44M-41.78M-150.32M-81.78M-78.5M
Debt / Equity0.11x-0.26x0.20x0.53x0.00x0.00x0.01x0.05x0.03x
Debt / EBITDA----------
Net Debt / EBITDA----------
Interest Coverage-79.34x-131.66x-69.27x-37.90x-50.27x-217.28x-26576.00x-276.35x-137.76x-98.17x
Total Equity+10.41M-326K38.51M51.34M15.75M120.04M187.72M395.06M442.02M671.64M
Equity Growth %0.74%-1.03%119.13%0.33%-0.69%6.62%0.56%1.1%0.12%0.52%
Book Value per Share19.30-0.4530.0226.027.5433.7515.7512.319.889.89
Total Shareholders' Equity10.41M-326K38.51M51.34M15.75M120.04M187.72M395.06M442.02M671.64M
Common Stock106K7K226K308K23K42K239K414K540K810K
Retained Earnings-17.97M-30.64M-93.59M-126.3M-168.17M-278.89M-358.3M-488.17M-725.91M-995.86M
Treasury Stock0-5.15M00000000
Accumulated OCI-739K0-2.83M-3K0-8K-157K-390K338K-10K
Minority Interest0000000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-6.9M-7.23M-28.17M-26.84M-36.06M-29.78M-54.58M-93.84M-184.17M-232.32M
Operating CF Margin %-2.72%-2.17%-7.04%-3.2%-8.08%-28.36%-18.42%-52.96%-586.53%-769.27%
Operating CF Growth %-2.12%-0.05%-2.9%0.05%-0.34%0.17%-0.83%-0.72%-0.96%-0.26%
Net Income-11.33M-12.67M-26.51M-32.7M-41.87M-110.72M-79.41M-129.87M-237.73M-269.95M
Depreciation & Amortization184K189K308K281K288K239K120K255K522K540K
Stock-Based Compensation3.02M2.11M2.41M3.68M3.97M3.65M14.46M19.77M67.17M42.15M
Deferred Taxes0868K0-416K-432K56K0000
Other Non-Cash Items132K93K94K376K340K72.57M8.52M54K-4.71M-14.66M
Working Capital Changes1.1M2.18M-4.47M1.94M1.65M4.43M1.72M15.96M-9.43M9.6M
Change in Receivables694K-130K-1.44M1.43M-84K99K-451K349K0102K
Change in Inventory-8K123K-50.9M-57.8M000000
Change in Payables633K2.03M-101K-335K525K-426K1.66M11.52M-12.04M-73K
Cash from Investing+-95K-3K1.03M-29.91M28.23M-50.48M-74.29M-115.13M-94.25M-228.65M
Capital Expenditures-123K-3K-246K-445K-84K-42K-338K-797K-898K-511K
CapEx % of Revenue0.05%0%0.06%0.05%0.02%0.04%0.11%0.45%2.86%1.69%
Acquisitions----------
Investments----------
Other Investing28K01.28M-29.46M28.31M-3K79K000
Cash from Financing+12.71M-257K52.47M41.92M70K101.31M125.28M322.24M225.67M457.74M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing50K76K-1.43M-2.61M0-6.22M-5.93M-18.63M9.41M-20.92M
Net Change in Cash----------
Free Cash Flow+-7.02M-7.23M-28.41M-27.29M-36.14M-29.82M-54.92M-94.64M-185.07M-232.83M
FCF Margin %-2.77%-2.17%-7.1%-3.25%-8.1%-28.4%-18.53%-53.41%-589.39%-770.96%
FCF Growth %-1.83%-0.03%-2.93%0.04%-0.32%0.17%-0.84%-0.72%-0.96%-0.26%
FCF per Share-13.01-10.03-22.15-13.83-17.30-8.38-4.61-2.95-4.14-3.43
FCF Conversion (FCF/Net Income)0.61x0.57x1.06x0.82x0.86x0.27x0.69x0.72x0.77x0.86x
Interest Paid0000000293K01.82M
Taxes Paid0000000000

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-138.14%-251.37%-138.86%-72.79%-124.81%-163.07%-51.61%-44.57%-56.8%-48.48%
Return on Invested Capital (ROIC)-1026.33%--2007.97%-165.27%-222.91%-224.33%-54.23%-51.57%-63.09%-47.05%
Gross Margin2.6%23.64%-390.21%-262.76%100%-2595.62%100%100%100%100%
Net Margin-446.34%-379.8%-662.3%-389.97%-938.65%-10544.29%-2680.16%-7329.23%-75711.46%-89387.09%
Debt / Equity0.11x-0.26x0.20x0.53x0.00x0.00x0.01x0.05x0.03x
Interest Coverage-79.34x-131.66x-69.27x-37.90x-50.27x-217.28x-26576.00x-276.35x-137.76x-98.17x
FCF Conversion0.61x0.57x1.06x0.82x0.86x0.27x0.69x0.72x0.77x0.86x
Revenue Growth-41.25%31.48%19.96%109.49%-46.8%-76.46%182.19%-40.2%-82.28%-3.82%

Revenue by Segment

2018201920202021202220232024
Collaboration Revenue7.37M-735K3M1.8M300K300K
Collaboration Revenue Growth---308.16%-40.00%-83.33%0.00%
Grant--315K----
Grant Growth-------
Milestone Payments-------
Milestone Payments Growth-------
Reimbursement Revenue3.68M------
Reimbursement Revenue Growth-------

Frequently Asked Questions

Growth & Financials

Viridian Therapeutics, Inc. (VRDN) reported $70.8M in revenue for fiscal year 2024. This represents a 1507% increase from $4.4M in 2012.

Viridian Therapeutics, Inc. (VRDN) saw revenue decline by 3.8% over the past year.

Viridian Therapeutics, Inc. (VRDN) reported a net loss of $302.0M for fiscal year 2024.

Dividend & Returns

Viridian Therapeutics, Inc. (VRDN) has a return on equity (ROE) of -48.5%. Negative ROE indicates the company is unprofitable.

Viridian Therapeutics, Inc. (VRDN) had negative free cash flow of $326.3M in fiscal year 2024, likely due to heavy capital investments.

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