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iBio, Inc. (IBIO) 10-Year Financial Performance & Capital Metrics

IBIO • • Industrial / General
HealthcareBiotechnologyAutoimmune & Inflammatory DiseasesDermatology & Autoimmune
AboutiBio, Inc., a biotechnology company, provides contract development and manufacturing services to collaborators and third-party customers in the United States. The company operates in two segments: Biopharmaceuticals and Bioprocessing. Its lead therapeutic candidate is IBIO-100 that is being advanced for investigational new drug development for the treatment of systemic scleroderma and idiopathic pulmonary fibrosis. The company is also developing vaccine candidates comprising IBIO-200 and IBIO-201, which are in preclinical development for the prevention of severe acute respiratory syndrome coronavirus 2; and IBIO-400 for the treatment of classical swine fever. In addition, it is developing recombinant proteins for third parties on a catalog and custom basis; and offers a range of process development, manufacturing, filling and finishing, and bio analytic services. iBio, Inc. has a license agreement with Planet Biotechnology, Inc. to develop therapeutics for infectious diseases; collaboration agreement with The Texas A&M University System for the development of coronavirus disease 2019 vaccine candidates; license agreement with the University of Natural Resources and Life Sciences, Vienna; and collaboration agreement with CC-Pharming Ltd. The company is headquartered in Bryan, Texas.Show more
  • Revenue $400K +77.8%
  • EBITDA -$17M -13.6%
  • Net Income -$18M +26.2%
  • EPS (Diluted) -1.75 +73.1%
  • Gross Margin 100%
  • EBITDA Margin -4369% +36.1%
  • Operating Margin -4650.5% +37.1%
  • Net Margin -4594.25% +58.5%
  • ROE -101.52% +25.2%
  • ROIC -130.51% -92.0%
  • Debt/Equity 0.24 +12.7%
  • Interest Coverage -87.75 +9.3%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 97 (top 3%)

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Sales declining 24.6% over 5 years
  • ✗Shares diluted 100.0% in last year
  • ✗Trading more than 30% below 52-week high
  • ✗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-14.2%
5Y-24.57%
3Y-40.34%
TTM185.71%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM13.14%

EPS CAGR

10Y-
5Y-
3Y-
TTM79.03%

ROCE

10Y Avg-46.04%
5Y Avg-57.02%
3Y Avg-76.54%
Latest-88.64%

Peer Comparison

Dermatology & Autoimmune
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
AUPHAurinia Pharmaceuticals Inc.1.96B14.87378.3733.97%29.28%21.28%2.25%0.21
ARGXargenx SE50.33B813.2463.6378.6%23.34%15.14%0.01
INVAInnoviva, Inc.1.48B19.7654.8915.54%32.78%12.61%12.75%0.65
GLPGGalapagos N.V.2.24B34.0330.3814.99%-151.94%-15.16%0.00
PTGXProtagonist Therapeutics, Inc.5.3B84.7520.046.24%21.94%7.11%3.45%0.02
ALMSAlumis Inc. Common Stock2.84B24.17-2.33-11.08%-63.71%0.12
PHATPhathom Pharmaceuticals, Inc.1.17B14.98-2.8380.01%-186.53%
ORKAOruka Therapeutics, Inc.1.57B32.50-6.51-22.44%0.00

Profit & Loss

Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Sales/Revenue+948K394K444K2.02M1.64M2.37M1.88M0225K400K
Revenue Growth %-0.49%-0.58%0.13%3.55%-0.19%0.45%-0.21%-1%-0.78%
Cost of Goods Sold+0000703K1.46M3.79M000
COGS % of Revenue----0.43%0.62%2.01%---
Gross Profit+948K394K444K2.02M935K909K-1.91M0225K400K
Gross Margin %1%1%1%1%0.57%0.38%-1.01%-1%1%
Gross Profit Growth %-0.49%-0.58%0.13%3.55%-0.54%-0.03%-3.1%1%-0.78%
Operating Expenses+10.84M14.67M14.67M17.81M14.94M32.02M27.79M29.34M16.86M19M
OpEx % of Revenue11.44%37.23%33.04%8.82%9.12%13.5%14.75%-74.93%47.51%
Selling, General & Admin7.68M10.55M10.69M12.33M11.37M21.89M17.96M19.02M11.67M10.69M
SG&A % of Revenue8.11%26.78%24.07%6.11%6.94%9.23%9.53%-51.88%26.73%
Research & Development3.16M4.12M3.99M5.47M3.57M9.99M9.83M10.33M5.18M8.31M
R&D % of Revenue3.33%10.45%8.98%2.71%2.18%4.21%5.22%-23.04%20.78%
Other Operating Expenses21K25K19K16K0143K0000
Operating Income+-9.89M-14.27M-14.23M-15.79M-14M-31.11M-29.7M-29.34M-16.63M-18.6M
Operating Margin %-10.44%-36.23%-32.04%-7.82%-8.55%-13.12%-15.76%--73.93%-46.51%
Operating Income Growth %-0.48%-0.44%0%-0.11%0.11%-1.22%0.05%0.01%0.43%-0.12%
EBITDA+-8.95M-12.6M-12.52M-14.04M-11.76M-28.7M-25.91M-27.96M-15.38M-17.48M
EBITDA Margin %-9.44%-31.97%-28.19%-6.96%-7.18%-12.1%-13.75%--68.37%-43.69%
EBITDA Growth %-0.42%-0.41%0.01%-0.12%0.16%-1.44%0.1%-0.08%0.45%-0.14%
D&A (Non-Cash Add-back)940K1.68M1.71M1.75M2.24M2.41M3.79M1.38M1.25M1.13M
EBIT-9.85M-14.21M-14.19M-15.7M-13.98M-30.97M-29.51M-29.23M-15.27M-18.16M
Net Interest Income+-785K-1.89M-1.9M-1.82M-2.45M-2.31M177K130K191K225K
Interest Income22K39K15K75K15K140K177K130K363K437K
Interest Expense807K1.93M1.92M1.9M2.47M2.45M00172K212K
Other Income/Expense-764K-1.86M-1.88M-1.81M-2.44M7.9M184K32K1.19M225K
Pretax Income+-10.66M-14.53M-16.11M-17.6M-16.44M-23.21M-29.51M-29.31M-15.44M-18.38M
Pretax Margin %-11.24%-36.88%-36.28%-8.72%-10.04%-9.79%-15.67%--68.64%-45.94%
Income Tax+-65K347K34K-4K000000
Effective Tax Rate %0.92%1%1%1%1%1%1.71%2.22%1.61%1%
Net Income+-9.76M-14.53M-16.11M-17.59M-16.44M-23.21M-50.39M-65.01M-24.91M-18.38M
Net Margin %-10.3%-36.88%-36.27%-8.72%-10.04%-9.79%-26.75%--110.7%-45.94%
Net Income Growth %-0.47%-0.49%-0.11%-0.09%0.07%-0.41%-1.17%-0.29%0.62%0.26%
Net Income (Continuing)-10.66M-16.14M-16.11M-17.6M-16.44M-23.21M-29.51M-29.31M-15.44M-18.38M
Discontinued Operations000000-20.79M-35.7M-9.46M0
Minority Interest14.11M1K-2K-6K-11K-17K0000
EPS (Diluted)+-600.00-20.38-18.94-35.25-40.26-60.00-58.49-23.94-6.50-1.75
EPS Growth %-0.33%0.97%0.07%-0.86%-0.14%-0.49%0.03%0.59%0.73%0.73%
EPS (Basic)-600.00-20.38-18.94-35.25-40.26-60.00-58.49-23.94-6.50-1.75
Diluted Shares Outstanding647.78K712.88K850.48K499.07K469.79K391.24K872.1K1.23M3.83M10.5M
Basic Shares Outstanding647.78K712.88K850.48K499.07K469.79K391.24K872.1K1.23M3.83M10.5M
Dividend Payout Ratio----------

Balance Sheet

Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Total Current Assets+23.91M8.57M16.29M4.81M61.75M104.6M45.07M26.26M15.67M9.72M
Cash & Short-Term Investments23.01M8.09M15.93M4.42M55.11M96.97M33.52M7.33M14.21M8.58M
Cash Only23.01M8.09M15.93M4.42M55.11M77.4M22.68M7.33M14.21M8.58M
Short-Term Investments0000019.57M10.85M000
Accounts Receivable606K175K75K97K5.62M5.53M6.1M204K713K105K
Days Sales Outstanding233.32162.1261.6617.541.25K850.691.18K-1.16K95.81
Inventory22K26K00798K27K3.9M000
Days Inventory Outstanding----414.326.74375.49---
Other Current Assets00276K000018.73M749K1.03M
Total Non-Current Assets+27.69M27.44M26.8M25.78M32.44M42.37M54.34M14.95M13.06M13.46M
Property, Plant & Equipment25.57M25.59M25.15M24.38M31.27M34.74M41.76M7.55M6.37M5.28M
Fixed Asset Turnover0.04x0.02x0.02x0.08x0.05x0.07x0.05x-0.04x0.08x
Goodwill0000000000
Intangible Assets2.09M1.82M1.62M1.37M1.14M952K4.85M5.39M5.37M6.85M
Long-Term Investments0000007.63M1.96M01.31M
Other Non-Current Assets28K26K26K24K24K6.68M7.73M50K1.32M26K
Total Assets+51.6M36.01M43.08M30.59M94.19M146.97M99.41M41.21M28.73M23.18M
Asset Turnover0.02x0.01x0.01x0.07x0.02x0.02x0.02x-0.01x0.02x
Asset Growth %3.13%-0.3%0.2%-0.29%2.08%0.56%-0.32%-0.59%-0.3%-0.19%
Total Current Liabilities+2.29M2.01M2.04M3.46M5.24M6.64M30.44M21.58M3.84M6.11M
Accounts Payable677K332K790K1M1.76M2.25M4.26M1.85M358K2.19M
Days Payables Outstanding----913.28562.73410.54---
Short-Term Debt170K183K197K0261K600K22.16M13.6M218K766K
Deferred Revenue (Current)24K157K471K1000K1000K423K100K0200K1000K
Other Current Liabilities895K717K718K000754K2.52M761K876K
Current Ratio10.43x4.26x8.00x1.39x11.79x15.74x1.48x1.22x4.08x1.59x
Quick Ratio10.43x4.25x8.00x1.39x11.64x15.74x1.35x1.22x4.08x1.59x
Cash Conversion Cycle----754.26294.71.15K---
Total Non-Current Liabilities+25.27M25.08M24.88M24.67M32.35M31.75M5.49M4.24M3.57M2.2M
Long-Term Debt0000339K000766K0
Capital Lease Obligations25.27M25.08M24.88M24.67M32.01M31.75M3.51M3.48M2.74M2.2M
Deferred Tax Liabilities0000000000
Other Non-Current Liabilities0000001.97M768K63K0
Total Liabilities27.56M27.09M26.92M28.13M37.58M38.4M35.92M25.83M7.41M8.3M
Total Debt+25.43M25.27M25.08M24.88M32.91M32.72M25.77M17.07M4.46M3.51M
Net Debt2.42M17.18M9.15M20.46M-22.2M-44.68M3.09M9.75M-9.75M-5.07M
Debt / Equity1.06x2.83x1.55x10.13x0.58x0.30x0.41x1.11x0.21x0.24x
Debt / EBITDA----------
Net Debt / EBITDA----------
Interest Coverage-12.26x-7.40x-7.43x-8.31x-5.68x-12.68x---96.71x-87.75x
Total Equity+24.04M8.91M16.16M2.46M56.61M108.57M63.48M15.38M21.32M14.88M
Equity Growth %1.14%-0.63%0.81%-0.85%22.04%0.92%-0.42%-0.76%0.39%-0.3%
Book Value per Share37.1212.5119.014.92120.49277.5072.8012.565.571.42
Total Shareholders' Equity9.94M8.91M16.17M2.46M56.62M108.58M63.48M15.38M21.32M14.88M
Common Stock89K89K16K20K140K9K9K20K9K19K
Retained Earnings-57.59M-72.12M-88.23M-105.82M-150.42M-173.63M-223.93M-288.94M-313.85M-332.22M
Treasury Stock0000000000
Accumulated OCI-29K-29K-30K-31K-33K-63K-213K000
Minority Interest14.11M1K-2K-6K-11K-17K0000

Cash Flow

Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Cash from Operations+-8.07M-13.16M-13.48M-13.97M-13.35M-30.06M-37.8M-30.44M-18.55M-15.3M
Operating CF Margin %-8.51%-33.41%-30.36%-6.93%-8.15%-12.68%-20.06%--82.46%-38.26%
Operating CF Growth %-0.71%-0.63%-0.02%-0.04%0.05%-1.25%-0.26%0.19%0.39%0.18%
Net Income-10.66M-16.14M-16.11M-17.6M-16.44M-23.21M-29.51M-65.01M-24.91M-18.38M
Depreciation & Amortization940K1.68M1.71M1.75M2.24M2.41M3.79M1.38M1.25M291K
Stock-Based Compensation1.25M1.01M770K241K388K1.59M04.39M2.04M1.53M
Deferred Taxes893K1.61M3K0000000
Other Non-Cash Items-860K-1.61M58K179K0303K-15.32M22.93M6.23M773K
Working Capital Changes367K290K88K1.45M470K-11.15M3.24M5.87M-3.17M479K
Change in Receivables-39K309K39K-22K22K-10.74M4.21M6.1M00
Change in Inventory-22K-4K26K-96K-798K772K-3.87M-1.01M00
Change in Payables-125K-257K49K292K498K48K1.24M-625K-1.49M1.83M
Cash from Investing+-68K-1.59M-1.08M-990K-1.15M-26.48M-5.13M7.01M906K742K
Capital Expenditures-68K-1.59M-1.08M-990K-1.08M-4.92M-11.63M-5.74M-210K-16K
CapEx % of Revenue0.07%4.04%2.43%0.49%0.66%2.08%6.17%-0.93%0.04%
Acquisitions----------
Investments----------
Other Investing0000-76K-1.74M02.6M1.12M758K
Cash from Financing+21.66M-170K22.41M3.45M65.19M78.83M-5.8M2.3M24.49M8.93M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing16.01M0004.29M890K-50K-22K197K0
Net Change in Cash----------
Free Cash Flow+-8.14M-14.76M-14.56M-14.96M-14.5M-35.23M-45.13M-36.17M-18.76M-15.32M
FCF Margin %-8.59%-37.45%-32.79%-7.42%-8.85%-14.86%-23.96%--83.4%-38.3%
FCF Growth %-0.65%-0.81%0.01%-0.03%0.03%-1.43%-0.28%0.2%0.48%0.18%
FCF per Share-12.57-20.70-17.12-29.99-30.86-90.04-51.75-29.53-4.90-1.46
FCF Conversion (FCF/Net Income)0.83x0.91x0.84x0.79x0.81x1.30x0.75x0.47x0.74x0.83x
Interest Paid00002.37M2.45M0687K00
Taxes Paid0000000000

Key Ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)-55.36%-88.18%-128.43%-188.96%-55.66%-28.1%-58.58%-164.86%-135.71%-101.52%
Return on Invested Capital (ROIC)-52.62%-40.74%-41.52%-49.1%-36.64%-47.48%-34.14%-48%-67.98%-130.51%
Gross Margin100%100%100%100%57.08%38.34%-101.22%-100%100%
Net Margin-1029.96%-3688.32%-3627.25%-871.8%-1003.6%-978.79%-2674.68%--11069.78%-4594.25%
Debt / Equity1.06x2.83x1.55x10.13x0.58x0.30x0.41x1.11x0.21x0.24x
Interest Coverage-12.26x-7.40x-7.43x-8.31x-5.68x-12.68x---96.71x-87.75x
FCF Conversion0.83x0.91x0.84x0.79x0.81x1.30x0.75x0.47x0.74x0.83x
Revenue Growth-48.78%-58.44%12.69%354.5%-18.83%44.75%-20.54%-100%-77.78%

Revenue by Segment

20172018201920202021
Ibio Cdmo---92K1.27M
Ibio Cdmo Growth----1284.78%
Ibio Inc271K-2.02M1.55M1.1M
Ibio Inc Growth----23.39%-28.98%
Grant-44K---
Grant Growth-----
iBio CDMO123K----
iBio CDMO Growth-----

Frequently Asked Questions

Growth & Financials

iBio, Inc. (IBIO) reported $0.5M in revenue for fiscal year 2025. This represents a 61% decrease from $1.3M in 2012.

iBio, Inc. (IBIO) grew revenue by 77.8% over the past year. This is strong growth.

iBio, Inc. (IBIO) reported a net loss of $20.1M for fiscal year 2025.

Dividend & Returns

iBio, Inc. (IBIO) has a return on equity (ROE) of -101.5%. Negative ROE indicates the company is unprofitable.

iBio, Inc. (IBIO) had negative free cash flow of $17.3M in fiscal year 2025, likely due to heavy capital investments.

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