Morphic Holding, Inc.

MORF

MORFMorphic Holding, Inc. US flag

NASDAQ Global Market

56.99

USD

+0.02

- -

2.86BMarket Cap

Income Statement (USD)

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	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Sales/Revenue/Turnover	- -	3	17	45	20	71	1
+ Sales & Services Revenue	- -	3	17	45	20	71	1
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	-3	-17	-45	-20	-71	-1
- Operating Expenses	17	28	64	92	116	134	179
+ Selling, General & Admin	3	5	10	18	28	32	39
+ Research & Development	14	23	54	74	88	102	140
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	-17	-25	-47	-47	-96	-63	-179
- Non-Operating (Income) Loss	- -	-1	-5	-2	- -	-4	-27
+ Interest Expense, Net	- -	-1	-5	-2	- -	-5	-27
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	1	5	2	- -	5	27
+ Other Non-Op (Income) Loss	- -	- -	- -	- -	- -	- -	- -
Pretax Income	-17	-24	-42	-46	-96	-59	-152
- Income Tax Expense (Benefit)	- -	- -	1	-1	- -	- -	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-17	-24	-43	-45	-96	-59	-152
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	-17	-24	-43	-45	-96	-59	-152
- Minority Interest	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	-17	-24	-43	-45	-96	-59	-152
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-17	-24	-43	-45	-96	-59	-152
EBIT	-17	-25	-47	-47	-96	-63	-179
EBITDA	-16	-24	-46	-46	-95	-62	-178
EBITDA Margin (%)	- -	-717.36	-271.94	-102.47	-478.81	-88.11	-34,087.33
EBITA	-17	-25	-47	-47	-96	-63	-179
Gross Margin (%)	- -	100	100	100	100	100	100
Operating Margin (%)	- -	-733.41	-276.77	-104.97	-484.02	-89.53	-34,296.74
Profit Margin (%)	- -	-709.68	-255.22	-100.12	-482.68	-83.38	-29,192.9
Sales per Employee	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	- -	1	1	1	1	1	1
Basic Weighted Avg Shares	13	23	16	31	36	38	42
Basic EPS, GAAP	-1.27	-1.04	-2.69	-1.47	-2.67	-1.55	-3.59
Basic EPS from Cont Ops	-1.27	-1.04	-2.69	-1.47	-2.67	-1.55	-3.59
Diluted Weighted Avg Shares	13	23	16	31	36	38	42
Diluted EPS, GAAP	-1.27	-1.04	-2.69	-1.47	-2.67	-1.55	-3.59
Diluted EPS from Cont Ops	-1.27	-1.04	-2.69	-1.47	-2.67	-1.55	-3.59

Balance Sheet (USD)

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	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
Total Current Assets	21	187	244	239	418	362	717
+ Cash, Cash Equivalents & STI	21	186	237	228	408	348	704
+ Cash & Cash Equivalents	21	186	102	102	171	59	59
+ ST Investments	- -	- -	135	126	237	289	646
+ Accounts & Notes Receiv	- -	- -	3	7	2	- -	- -
+ Accounts Receivable, Net	- -	- -	3	7	2	- -	- -
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	- -	1	3	4	8	13	13
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	2	2	4	3	8	6	6
+ Property, Plant & Equip, Net	2	2	3	3	7	6	5
+ Property, Plant & Equip	2	3	5	6	12	11	11
- Accumulated Depreciation	1	1	2	3	4	5	6
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	- -	- -	- -	- -	1	1	1
+ Total Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ Goodwill	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	- -	- -	- -	1	1	1
Total Assets	23	189	247	242	426	369	723
+ Payables & Accruals	2	5	12	14	16	15	23
+ Accounts Payable	1	2	5	4	5	3	8
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	1	3	7	10	12	12	15
+ ST Debt	- -	- -	- -	- -	1	1	2
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	1	1	2
+ Other ST Liabilities	- -	30	24	25	21	- -	- -
+ Deferred Revenue	- -	30	23	25	21	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	- -	- -	- -
Total Current Liabilities	3	35	35	39	38	17	25
+ LT Debt	- -	- -	- -	- -	4	2	1
+ LT Borrowings	- -	- -	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	4	2	1
+ Other LT Liabilities	50	207	71	58	47	- -	- -
+ Accrued Liabilities	- -	67	71	58	47	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	50	140	- -	- -	- -	- -	- -
Total Noncurrent Liabilities	50	207	71	58	51	2	1
Total Liabilities	53	242	107	97	90	19	25
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	1	2	238	288	575	650	1,144
+ Common Stock	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	1	2	238	288	575	650	1,144
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-30	-54	-98	-143	-238	-297	-449
+ Other Equity	- -	- -	- -	- -	- -	-3	2
Equity Before Minority Interest	-30	-53	141	145	337	349	697
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -
Total Equity	-30	-53	141	145	337	349	697
Total Liabilities & Equity	23	189	247	242	426	369	723
Shares Outstanding	29	30	30	32	37	39	50
Number of Employees	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	5	4	2
Net Debt	-20	-186	-102	-102	-171	-59	-59
Net Debt to Equity	67.76	353.75	-72.07	-70.28	-50.92	-16.98	-8.4
Tangible Common Equity Ratio	-127.76	-27.76	56.95	59.9	78.98	94.72	96.47
Current Ratio	8.43	5.36	6.89	6.07	10.93	21.15	28.94
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

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	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y
+ Net Income	-17	-24	-43	-45	-96	-59	-152
+ Depreciation & Amortization	- -	1	1	1	1	1	1
+ Non-Cash Items	- -	1	2	12	22	30	30
+ Stock-Based Compensation	- -	1	4	11	21	29	41
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	- -	- -	-1	- -	1	1	-11
+ Chg in Non-Cash Work Cap	1	99	-1	-14	-11	-73	8
+ (Inc) Dec in Accts Receiv	- -	- -	-3	-4	5	2	- -
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	-1	-2	-1	-4	-6	1
+ Inc (Dec) in Accts Payable	1	3	7	2	2	-1	7
+ Inc (Dec) in Other	- -	97	-2	-11	-15	-68	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-15	76	-42	-46	-83	-101	-112
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-1	-1	-2	-1	-1	- -	-1
+ Acq of Fixed Prod Assets	-1	-1	-2	-1	-1	- -	-1
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	93	37	256	39	443
+ Increase in Capital Stock	- -	- -	93	37	256	39	443
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	- -	- -	-134	9	-112	-56	-341
+ Dec in LT Investment	- -	- -	162	154	132	182	423
+ Inc in LT Investment	- -	- -	-296	-145	-244	-238	-764
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-1	-1	-136	8	-113	-56	-342
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	-1	- -	- -	- -	- -	- -
+ Cash From Debt	- -	- -	- -	- -	- -	- -	- -
+ Repayments of Debt	- -	-1	- -	- -	- -	- -	- -
+ Other Financing Activities	21	90	- -	1	11	6	10
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	20	89	93	38	266	45	453
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	4	165	-84	- -	70	-112	-1
EBITDA	-16	-24	-46	-46	-95	-62	-178
EBITDA Margin (%)	- -	-717.36	-271.94	-102.47	-478.81	-88.11	-34,087.33
Free Cash Flow	-16	76	-44	-47	-84	-101	-114
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Equity	- -	75	-44	-47	-84	-101	-114
Free Cash Flow per Basic Share	-1.23	3.31	-2.72	-1.52	-2.36	-2.66	-2.68
Price/Free Cash Flow	- -	- -	-7	-22.59	-20.57	-10.13	-11.02
Cash Flow to Net Income	0.91	-3.2	0.96	1.02	0.87	1.71	0.74
Capital Expenditures	-1	-1	-2	-1	-1	- -	-1