Axsome Therapeutics Inc

Axsome Therapeutics Inc

AXSM · NASDAQ · Healthcare / Biotechnology

141.69USD-2.68 (-1.86%)

Price History

Full chart

Market Stats

Previous Close144.37
Open143.74
Day Range136.63 – 145.29
52-Week Range123.00 – 260.19
Volume888.64K
Market Cap7.15B
P/E (TTM)0.00
Forward P/E27.55
EPS-3.03
Dividend Yield0.00%
Beta0.83
50-Day Avg183.33
200-Day Avg199.14

About

Axsome Therapeutics, Inc., a biopharmaceutical company, develops and delivers novel therapies for the management of central nervous system (CNS) disorders in the United States. The company's commercial product portfolio includes Auvelity (dextromethorphan-bupropion), a N-methyl-D-aspartate receptor antagonist, sigma-1 receptor agonist, aminoketone, and CYP2D6 inhibitor indicated for the treatment of major depressive disorder in adults; Sunosi (solriamfetol), a dopamine and norepinephrine reuptake inhibitor, trace amine-associated receptor 1 agonist, and 5-HT1A agonist indicated for the treatment of excessive daytime sleepiness in patients with narcolepsy or obstructive sleep apnea; and Symbravo (MoSEIC meloxicam rizatriptan), or AXS-07, a rapidly absorbed, multi-mechanistic, selective COX-2 inhibitor, and 5-HT1B/1D agonist indicated for the acute treatment of migraine with or without aura. It also develops AXS-05 (dextromethorphan-bupropion), an investigational N-methyl-D-aspartate receptor antagonist, which has completed Phase III clinical trial to treat Alzheimer's disease agitation, as well as that has completed phase II clinical trial for the treatment of smoking cessation; AXS-12 (reboxetine), a highly selective and potent norepinephrine reuptake inhibitor and cortical dopamine modulator, which has completed Phase II trial to treat narcolepsy; AXS-14 (esreboxetine), a selective and potent norepinephrine reuptake inhibitor that has completed Phase III trial for the treatment of fibromyalgia and other conditions; and Solriamfetol, a dopamine and norepinephrine reuptake inhibitor, which is in Phase III trial for treating attention deficit hyperactivity, major depressive, binge eating, and excessive sleepiness associated with shift work disorder. It has a research collaboration agreement with Duke University for evaluating AXS-05 in a Phase 2 clinical trial in smoking cessation treatment. The company was incorporated in 2012 and is based in New York, New York.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEODr. Herriot Tabuteau M.D.
  • Employees1.35K
  • HeadquartersOne World Trade Center, New York, NY, United States, 10007, USA
  • Websitehttps://www.axsome.com

Leadership

  • Dr. Herriot Tabuteau M.D.Founder, Chairman, CEO & President · b. 1968
  • Mr. Nick Pizzie CPA, M.B.A.Chief Financial Officer · b. 1975
  • Mr. Mark L. Jacobson M.A.Chief Operating Officer · b. 1983
  • Mr. Hunter Murdock Esq.General Counsel & Secretary · b. 1980
  • Mr. Ari Maizel M.B.A.Chief Commercial Officer · b. 1979
  • Darren OplandDirector of Corporate Communications

Financials

Income Statement

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-00000008.82M50.04M270.60M385.69M638.50M
Growth (%)---------+467.33%+440.80%+42.53%+65.55%
Cost of Revenue-03.54K20.48K42.56K48.94K37.33K77.72K1.16M5.20M26.07M33.30M47.48M
Gross Profit-0-3.54K-20.48K-42.56K-48.94K-37.33K-77.72K-1.16M44.84M244.53M352.39M591.02M
Gross Margin---------13.10%89.61%90.37%91.37%92.56%
Operating Expense-5.67M9.19M27.52M27.12M32.80M67.21M99.06M123.55M224.64M476.36M632.95M760.25M
Operating Income-1.84M-5.67M-9.20M-27.54M-27.16M-32.85M-67.25M-99.14M-124.71M-179.80M-231.82M-280.56M-169.24M
Operating Margin---------1413.95%-359.33%-85.67%-72.74%-26.51%
EBITDA-1.84M-696.81K-9.19M-27.52M-27.77M-32.58M-67.21M-100.31M-123.55M-175.40M-224.99M-272.60M-168.08M
EBITDA Margin---------1400.84%-350.53%-83.15%-70.68%-26.32%
Net Income-2.17M-6.00M-12.21M-27.20M-28.94M-30.97M-68.35M-102.90M-134.94M-187.13M-239.24M-287.22M-183.17M
Net Income Margin---------1530.01%-373.99%-88.41%-74.47%-28.69%
R&D1.54M4.28M6.78M21.20M19.96M23.50M53.65M70.24M58.06M57.95M97.94M187.08M183.28M
R&D as % of Total Revenue--------658.30%115.81%36.20%48.50%28.70%
Interest Expense327.19K2.23M914.95K132.42K1.34M1.13M1.24M2.57M5.70M7.33M6.45M6.57M6.56M
Interest Expense % of Total Revenue--------64.58%14.66%2.38%1.70%1.03%

Balance Sheet

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.10M2.79M49.08M38.21M35.56M15.38M220.55M186.13M87.79M331.48M588.24M568.50M689.80M
Total Liabilities4.13M5.99M2.63M16.64M18.84M14.44M41.83M72.34M72.15M221.92M397.26M511.48M601.51M
Total Equity-2.03M-3.20M46.44M21.57M16.72M937.92K178.72M113.79M15.63M109.56M190.98M57.02M88.30M
Cash2.09M2.62M48.04M36.62M34.02M13.97M219.97M183.88M86.47M200.84M386.19M315.35M322.93M
Total Debt3.83M4.48M-9.74M9.93M6.91M19.93M50.12M49.71M94.68M186.37M192.96M241.29M
Net Debt1.74M1.87M-48.04M-26.88M-24.09M-7.06M-200.03M-133.75M-36.76M-106.16M-199.82M-122.40M-81.64M

Cash Flow

Currency: USD2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-1.63M-4.60M-7.44M-21.28M-26.47M-30.05M-46.38M-78.46M-108.23M-116.51M-145.08M-128.41M-93.41M
Investing Cash Flow--20.20K-20.20K-104.56K-9.90K-32.70K-16.12K-45.89K-308.00K-53.70M-582.00K-270.00K-480.00K
Financing Cash Flow3.72M5.13M52.88M9.97M23.88M10.03M252.39M42.41M11.13M284.58M331.01M57.84M101.47M
Capital Expenditure020.20K20.20K104.56K9.90K32.70K16.12K45.89K308.00K702.00K582.00K270.00K480.00K
Free Cash Flow-1.63M-4.60M-7.46M-21.39M-26.48M-30.09M-46.39M-78.50M-108.53M-117.21M-145.66M-128.68M-93.89M
Dividends Paid---00----43.98M---
FCF to OCF100.00%100.00%100.27%100.49%100.04%100.11%100.03%100.06%100.28%100.60%100.40%100.21%100.51%
Dividend Paid to FCF---0.00%0.00%-----37.52%---

Earnings

Report DateMar 24, 2016May 11, 2016Aug 9, 2016Nov 14, 2016Mar 7, 2017May 9, 2017Aug 9, 2017Nov 8, 2017Mar 7, 2018May 8, 2018Aug 8, 2018Nov 9, 2018Mar 14, 2019May 9, 2019Aug 8, 2019Nov 7, 2019Mar 12, 2020May 8, 2020Aug 10, 2020Nov 5, 2020Mar 1, 2021May 10, 2021Aug 9, 2021Nov 8, 2021Mar 1, 2022May 2, 2022Aug 9, 2022Nov 7, 2022Feb 27, 2023May 8, 2023Aug 7, 2023Nov 6, 2023Feb 20, 2024May 6, 2024Aug 5, 2024Nov 12, 2024Feb 18, 2025May 5, 2025Aug 4, 2025Nov 3, 2025Feb 23, 2026May 4, 2026Aug 10, 2026Nov 2, 2026
EPS Estimate-0.22-0.28-0.39-0.39-0.42-0.39-0.34-0.34-0.31-0.28-0.27-0.28-0.30-0.30-0.31-0.39-0.46-0.62-0.61-0.55-0.76-0.81-0.88-0.93-1.02-1.01-1.12-1.10-1.14-1.04-1.20-1.19-1.17-1.22-1.33-1.41-1.00-1.35-1.09-0.90-0.73-0.86-0.99-0.69
EPS Actual-0.12-0.31-0.36-0.38-0.38-0.41-0.30-0.27-0.31-0.29-0.32-0.31-0.32-0.32-0.41-0.56-0.71-0.88-0.49-0.58-0.78-0.78-0.86-0.93-0.90-1.03-1.06-1.07-1.41-0.26-1.54-1.32-2.08-1.44-1.67-1.34-1.54-1.22-0.97-0.94-0.56-1.26-0.99-0.25
Surprise45.45%-10.71%7.69%2.56%9.52%-5.13%11.76%20.59%0.00%-3.57%-18.52%-10.71%-6.67%-6.67%-32.26%-43.59%-54.35%-41.94%19.67%-5.45%-2.63%3.70%2.27%0.00%11.76%-1.98%5.36%2.73%-23.68%75.00%-28.33%-10.92%-77.78%-18.03%-25.56%4.83%-53.60%9.63%11.01%-4.44%22.82%-46.51%0.00%63.77%
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap7.15B
Enterprise Value7.47B
Trailing P/E0.00
Forward P/E27.55
PEG Ratio0.00
Price / Sales8.26
Price / Book90.82
EPS-3.03
Book Value2.01
Revenue (TTM)865.27M
Gross Profit (TTM)806.85M
EBITDA-152.45M
Profit Margin-18.18%
Operating Margin-5.18%
Return on Equity-175.59%
Return on Assets-13.65%
Shares Outstanding52.58M
Shares Float44.63M
Beta0.83
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 22 analystsTarget 276.24
  • Strong Buy
    18
  • Buy
    3
  • Hold
    1

Ownership Breakdown

Institutions
74.38%
Insiders
15.08%
Retail / Other
10.54%

Top Institutional Holders

  • BlackRock Inc
    3.10M5.93%
  • Vanguard Portfolio Management, LLC
    1.98M3.79%
  • Vanguard Capital Management, LLC
    1.97M3.75%
  • Amvescap Plc.
    1.67M3.19%
  • FMR Inc
    1.54M2.94%
  • Geode Capital Management, LLC
    967.17K1.85%
  • Assenagon Asset Management SA
    909.36K1.74%
  • Morgan Stanley - Brokerage Accounts
    804.08K1.54%
  • State Street Corp
    785.66K1.50%
  • Deep Track Capital, LP
    700.00K1.34%
  • Two Sigma Investments LLC
    669.48K1.28%
  • Franklin Templeton Inc
    668.37K1.28%
  • Wellington Management Company LLP
    653.92K1.25%
  • Alethea Capital Management, LLC
    648.76K1.24%
  • T. Rowe Price Associates, Inc.
    642.89K1.23%
  • D. E. Shaw & Co LP
    604.75K1.15%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    1.42M2.71%
  • Vanguard Small Cap Index
    1.00M1.91%
  • First Trust NYSE Arca Biotech ETF
    581.62K1.11%
  • Vanguard MStar Small Cap Growth Indx Inv
    557.02K1.06%