Avidity Biosciences, Inc. (RNA)

Avidity Biosciences Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	10.9	9.56	9.22	9.33	6.79
Revenue Growth (YoY)	13.98%	3.64%	-1.09%	37.41%	192.67%
Cost of Revenue	303.59	190.97	150.4	101.18	37.6
Gross Profit	-292.7	-181.41	-141.18	-91.86	-30.82
Selling, General & Admin	86.24	54.19	37.73	26.2	13.46
Operating Expenses	86.24	54.19	37.73	26.2	13.46
Operating Income	-378.94	-235.6	-178.91	-118.05	-44.28
Interest Expense	-	-	-	-	-0.21
Interest & Investment Income	56.88	23.97	4.98	0.1	0.21
Other Non Operating Income (Expenses)	-0.25	-0.59	-0.06	-0.06	-0.08
Pretax Income	-322.3	-212.22	-174	-118.01	-44.36
Net Income	-322.3	-212.22	-174	-118.01	-44.36
Net Income to Common	-322.3	-212.22	-174	-118.01	-44.36
Shares Outstanding (Basic)	112	73	52	41	22
Shares Outstanding (Diluted)	112	73	52	41	22
Shares Change (YoY)	52.83%	39.97%	25.91%	91.24%	698.49%
EPS (Basic)	-2.89	-2.91	-3.34	-2.85	-2.05
EPS (Diluted)	-2.89	-2.91	-3.34	-2.85	-2.05
Free Cash Flow	-307.94	-123.29	-139.09	-98.55	-38.21
Free Cash Flow Per Share	-2.76	-1.69	-2.67	-2.38	-1.76
Operating Margin	-3477.43%	-2464.41%	-1939.65%	-1265.83%	-652.38%
Profit Margin	-2957.71%	-2219.87%	-1886.33%	-1265.38%	-653.53%
Free Cash Flow Margin	-2825.88%	-1289.66%	-1507.92%	-1056.76%	-562.97%
EBITDA	-376.16	-233.5	-177.53	-117.41	-43.9
D&A For EBITDA	2.78	2.1	1.39	0.64	0.37
EBIT	-378.94	-235.6	-178.91	-118.05	-44.28

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q