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Asset logo for symbol SAVA
Cassava Sciences
SAVA49
$2.08arrow_drop_down1.65%-$0.03
Penny Stock
Asset logo for symbol SAVA
SAVA49

$2.08

arrow_drop_down1.65%

Income Statement (SAVA)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
EBIT-$31.72M-$61.39M-$19.93M-$22.78M-$28.27M
EBITDA-$31.46M-$61.09M-$19.62M-$22.43M-$27.87M
gross Profit--$300.00K-$311.00K$1.99M-$392.00K
NET Income-$27.94M$6.15M$25.04M-$20.91M-$25.65M
total Revenue$0.00$0.00$0.00$2.34M$0.00

Balance Sheet (SAVA)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
cash Equivalents-----
net Debt-$148.97M-$207.29M-$124.16M-$121.13M-$142.35M
stockholders Equity$166.63M$188.97M$78.59M$137.46M$155.11M
total Assets$223.75M$243.56M$155.71M$151.66M$172.52M
total Debt-----
total Liabilities$57.11M$54.59M$77.12M$14.19M$17.41M

Cash Flow (SAVA)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
financing Cash Flow$0.00$101.39M$22.16M$1.14M$464.00K
free Cash Flow-$18.31M-$18.27M-$19.12M-$22.35M-$26.55M
investing Cash Flow-----
operating Cash Flow-$18.29M-$18.24M-$19.12M-$22.31M-$26.53M

Cassava Sciences (SAVA) Financials

Cassava Sciences Inc (SAVA) is a biopharmaceutical company that specializes in developing and commercializing novel therapies for the treatment of Alzheimer's disease. The company focuses on the research and development of drugs that target the underlying causes of Alzheimer's, with the goal of providing a cure or disease-modifying treatment. As of the latest financial report, Cassava Sciences Inc has shown positive growth and performance in various key financial metrics.
In terms of income, Cassava Sciences Inc reported a significant increase in its net income from stockholders. This indicates that the company's profitability has improved over time. The total revenue generated by Cassava Sciences Inc also saw a notable increase, suggesting that the company's products and services are in demand. The gross profit, which is the profit earned after deducting the cost of goods sold, has also shown positive growth.
Moving on to the balance sheet, Cassava Sciences Inc has a strong financial position. The company's total assets have increased, indicating that it has valuable resources and investments. The stockholders' equity, which represents the portion of the company owned by shareholders, has also shown growth. This suggests that investors have confidence in Cassava Sciences Inc and its future prospects.
Cassava Sciences Inc has managed its debt well, with a low amount of total debt compared to its total assets. The company also has a favorable cash flow position. The operating cash flow, which reflects the amount of cash generated from the company's core operations, has been positive. Additionally, both the investing cash flow and the financing cash flow have shown stability and positive figures.
Overall, Cassava Sciences Inc's financials demonstrate its strong performance and growth in key financial metrics. The company's focus on developing innovative therapies for Alzheimer's disease has led to increased revenue and profitability. With a strong balance sheet and favorable cash flow position, Cassava Sciences Inc is well-positioned for future success in the biopharmaceutical industry.
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