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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

Adicet Bio, Inc. (TORC)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-05-22Dec-31-21Dec-05-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17
   10-K8-K10-K8-K10-K10-K10-K10-K
Revenues   [+]0.071.20.048.90.01.08.20.0
            Revenue growth   45.6%  -100.0%-87.8%  
Cost of goods sold  0.097.50.071.20.00.00.00.0
Gross profit  0.0-26.30.0-22.20.01.08.20.0
            Gross margin   -36.9% -45.4% 100.0%100.0% 
Selling, general and administrative   [+]97.526.371.222.257.18.78.42.0
Research and development       23.714.716.8
Other operating expenses  -21.420.0-8.917.0-16.9   
EBITDA   [+]-73.5 -60.8 -38.9-30.2-13.7-18.9
            EBITDA margin   -101.8% -125.5% -3030.2%-168.0% 
Depreciation and amortization  2.6 1.5 1.21.21.20.0
EBIT   [+]-76.1-72.6-62.3-61.4-40.2-31.4-15.0-18.9
            EBIT margin   -101.8% -125.5% -3154.6%-182.9% 
Non-recurring items  1.2       
Interest income, net   [+]3.8-0.10.1-0.20.80.90.5 
Other income (expense), net  3.82.80.3-0.50.02.34.5-14.9
Pre-tax income  -69.8-69.8-62.1-62.1-39.5-28.1-9.9-33.8
Income taxes  0.00.0-0.1-0.1-2.80.0-0.60.0
            Tax rate  0.0%0.0%0.2%0.2%7.1% 6.0%0.0%
Net income  -69.8-69.8-62.0-62.0-36.7-28.1-9.3-33.8
            Net margin   -98.0% -126.7% -2827.9%-113.7% 
   
Basic EPS   [+]($1.70)($1.70)($2.00)($2.00)($5.01)($13.15)($4.78)($8.42)
Diluted EPS   [+]($1.70)($1.70)($2.00)($2.00)($5.01)($13.15)($4.78)($8.42)
   
   
Shares outstanding (basic)   [+]41.141.131.031.07.32.11.94.0
Shares outstanding (diluted)   [+]41.141.131.031.07.32.11.94.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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