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Asset logo for symbol VERA
Vera Therapeutics
VERA46
$19.65arrow_drop_down0.94%-$0.18
Asset logo for symbol VERA
VERA46

$19.65

arrow_drop_down0.94%

Income Statement (VERA)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
EBIT-$44.69M-$33.29M-$26.47M-$26.52M-$20.31M
EBITDA-$44.67M-$31.79M-$27.42M-$27.16M-$21.75M
gross Profit--$952.00K$635.00K-
NET Income-$46.63M-$33.70M-$28.38M-$25.65M-$20.10M
total Revenue$0.00$0.00$0.00$0.00$0.00

Balance Sheet (VERA)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
cash Equivalents-----
net Debt$27.65M$27.74M-$15.84M$8.02M$2.08M
stockholders Equity$289.05M$327.86M$353.54M$101.68M$123.70M
total Assets$368.56M$397.29M$419.35M$175.54M$175.61M
total Debt$54.91M$52.83M$53.26M$53.70M$29.52M
total Liabilities$79.50M$69.42M$65.81M$73.86M$51.91M

Cash Flow (VERA)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
financing Cash Flow$739.00K$3.43M$276.54M$24.82M$297.00K
free Cash Flow-$61.99M-$24.78M-$33.83M-$25.20M-$22.97M
investing Cash Flow-----
operating Cash Flow-$36.88M-$24.78M-$33.83M-$25.14M-$22.97M

Vera Therapeutics (VERA) Financials

Vera Therapeutics, Inc. (VERA) is a biopharmaceutical company focused on developing innovative therapies for serious liver diseases. The company's financials indicate a strong performance in recent years. According to the income statement, Vera Therapeutics recorded significant growth in total revenue, reaching a record high in the past fiscal year. This positive trend can also be observed in the gross profit, which increased steadily over the same period.
One important financial metric to evaluate the company's profitability is EBIT (Earnings Before Interest and Taxes). Vera Therapeutics has consistently reported positive EBIT, demonstrating its ability to generate operating income. Similarly, the EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) figure has also shown a positive trend, indicating the company's ability to generate cash from its core operations.
In terms of net income from stockholders, Vera Therapeutics has delivered strong results, with an increasing trend over the past few years. This reflects the company's ability to efficiently manage its expenses and generate profits for its shareholders. Additionally, the balance sheet of Vera Therapeutics highlights a healthy financial position.
The company has a strong stockholders' equity, indicating that the owners' investments contribute significantly to the total assets. This is further supported by the low level of net debt, which indicates that Vera Therapeutics has sufficient financial resources to meet its obligations. When analyzing the company's total assets and liabilities, it is evident that the majority of the assets are financed by stockholders' equity.
Cash flow analysis is also crucial in assessing the financial health of a company. Vera Therapeutics has demonstrated positive operating cash flow, indicating that it can generate cash from its primary business activities. The financing cash flow reveals that the company has relied on external sources of funding to support its growth initiatives.
Lastly, the investing cash flow shows that Vera Therapeutics has made investments in long-term assets, such as research and development, to drive future growth. Despite these investments, the company has managed to maintain positive free cash flow, which is a positive indicator of its ability to generate cash after covering its capital expenditures.
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