Bicycle Therapeutics Ltd

Bicycle Therapeutics Ltd

BCYC · NASDAQ · Healthcare / Biotechnology

3.37USD-0.08 (-2.32%)

Price History

Full chart

Market Stats

Previous Close3.45
Open3.45
Day Range3.26 – 3.50
52-Week Range3.57 – 9.16
Volume604.37K
Market Cap257.92M
P/E (TTM)0.00
Forward P/E0.00
EPS-2.74
Dividend Yield0.00%
Beta1.54
50-Day Avg4.02
200-Day Avg4.99

About

Bicycle Therapeutics plc, a clinical-stage pharmaceutical company, develops a class of medicines for diseases that are underserved by existing therapeutics in the United States and the United Kingdom. The company's products pipeline include zelenectide pevedotin, a bicycle toxin conjugate (BTC), which is in phase II clinical trials for the treatment of high nectin-4 expressing tumors; nuzefatide pevedotin (EphA2), a BTC that is in phase I/II clinical trials to treat Ephrin type A receptor 2 expressing tumor; BT7480, a Bicycle tumor-targeted immune cell agonist molecule, which is in phase I/II targeting nectin-4 and agonizing CD137; and BT1702, a theranostic BRC molecule targeting MT1-MMP for which IND-enabling activities are ongoing. In addition, it develops Novel CNS targets, which is in preclinical trial targeting CNS disease; Novel neuromuscular targets, which is in preclinical trial targeting neuromuscular disease; and programs that are in preclinical trial targeting radiopharmaceutical. Further, the company collaborates with biopharmaceutical companies and organizations to develop programs in therapeutic areas. It has collaboration and license agreement with Bayer Consumer Care AG; Novartis Pharma AG; Ionis Pharmaceuticals, Inc.; Genentech, Inc; and AstraZeneca AB. Bicycle Therapeutics plc was incorporated in 2009 and is headquartered in Cambridge, the United Kingdom.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEODr. Kevin Lee M.B.A., Ph.D.
  • Employees288
  • HeadquartersPortway Building, Cambridge, United Kingdom, CB21 6GS, USA
  • Websitehttps://www.bicycletherapeutics.com

Leadership

  • Dr. Kevin Lee M.B.A., Ph.D.CEO & Executive Director · b. 1968
  • Dr. Michael Skynner B.sc. Ph.d., Ph.D.Chief Scientific Officer · b. 1969
  • Mr. Alistair MilnesChief Corporate Development Officer · b. 1974
  • Dr. Christian HeinisScientific Founder
  • Mr. Travis ThompsonChief Financial Officer · b. 1980
  • Dr. Jennifer Perry Pharm.D.Chief Operating Officer · b. 1974
  • Ms. Stephanie YaoSenior Vice President of Investor Relations and Corporate Communications
  • Mr. Zafar QadirChief Legal Officer & General Counsel
  • Dr. Phil JeffreySenior VP of Pre-Clinical Development
  • Dr. Michael Charles-Ferguson HannayChief Product & Supply Chain Officer · b. 1966

Financials

Income Statement

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue02.06M7.14M13.80M10.39M11.70M14.46M26.98M35.27M72.59M
Growth (%)--+246.41%+93.40%-24.72%+12.58%+23.65%+86.52%+30.76%+105.77%
Cost of Revenue269.29K11.87M20.76M25.54M33.15M44.88M3.69M156.50M172.97M6.44M
Gross Profit-269.29K-9.81M-13.63M13.80M-22.76M11.70M14.46M-129.52M-137.69M72.59M
Gross Margin--476.02%-190.93%100.00%-219.05%100.00%100.00%-480.13%-390.34%100.00%
Operating Expense13.22M6.41M8.12M40.10M29.20M77.31M131.12M60.43M72.18M320.30M
Operating Income-13.49M-16.21M-21.75M-26.30M-51.96M-65.62M-116.65M-189.95M-209.87M-247.72M
Operating Margin--787.04%-304.74%-190.56%-500.10%-560.98%-806.56%-704.13%-594.96%-341.28%
EBITDA-13.26M-15.88M-21.49M-25.34M-50.68M-64.09M-107.21M-169.40M-164.89M-212.18M
EBITDA Margin--770.92%-301.20%-183.60%-487.81%-547.91%-741.26%-627.96%-467.45%-292.32%
Net Income-13.51M-16.26M-21.85M-30.61M-51.01M-66.82M-112.72M-180.66M-169.03M-218.96M
Net Income Margin--789.27%-306.14%-221.78%-490.95%-571.25%-779.35%-669.72%-479.18%-301.66%
R&D9.77M11.87M20.76M25.54M33.15M44.88M81.61M156.50M172.97M240.28M
R&D as % of Total Revenue-576.02%290.93%185.06%319.05%383.69%564.26%580.13%490.34%331.03%
Interest Expense0003.60M457.00K2.98M3.34M3.26M1.73M206.00K
Interest Expense % of Total Revenue-0.00%0.00%26.11%4.40%25.51%23.12%12.10%4.90%0.28%

Balance Sheet

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets11.84M74.00M81.63M110.19M161.15M479.79M410.61M595.34M956.87M717.60M
Total Liabilities3.81M121.19M151.45M17.00M65.69M133.54M139.83M224.41M163.81M107.62M
Total Equity8.02M-47.18M-69.83M93.20M95.46M346.25M270.78M370.93M793.06M609.98M
Cash9.40M67.66M63.38M92.12M135.99M438.68M339.15M526.42M879.52M628.11M
Total Debt---1.89M15.78M44.34M44.33M44.96M9.49M17.52M
Net Debt-9.40M-67.66M-63.38M-90.23M-120.22M-394.34M-294.83M-481.47M-870.03M-610.59M

Cash Flow

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-11.27M-1.42M-26.08M-28.61M-17.79M-14.79M-86.11M-60.63M-164.72M-249.68M
Investing Cash Flow-243.36K-1.11M-1.19M-1.55M-1.20M-2.03M-18.99M-2.93M-1.24M-2.35M
Financing Cash Flow16.77M57.88M25.43M58.44M62.84M320.73M6.69M250.03M519.75M-131.00K
Capital Expenditure243.36K1.11M1.19M1.55M1.20M2.03M18.99M2.93M1.24M2.36M
Free Cash Flow-11.51M-2.53M-27.26M-30.17M-18.99M-16.82M-105.10M-63.56M-165.96M-252.61M
Dividends Paid000-------
FCF to OCF102.16%178.66%104.55%105.43%106.75%113.72%122.05%104.83%100.75%101.18%
Dividend Paid to FCF0.00%0.00%0.00%-------

Earnings

Report DateDec 21, 2018May 23, 2019Aug 8, 2019Nov 7, 2019Mar 10, 2020May 7, 2020Aug 5, 2020Nov 5, 2020Mar 11, 2021May 6, 2021Aug 5, 2021Nov 4, 2021Mar 1, 2022May 5, 2022Aug 4, 2022Nov 3, 2022Feb 28, 2023May 4, 2023Aug 3, 2023Nov 2, 2023Feb 20, 2024May 2, 2024Aug 6, 2024Oct 31, 2024Feb 18, 2025May 1, 2025Aug 8, 2025Oct 30, 2025Mar 3, 2026Apr 30, 2026Jul 30, 2026Oct 29, 2026
EPS Estimate0.00--0.62-0.69-0.52-0.38-0.46-0.53-0.47-0.71-0.67-0.63-0.61-0.72-0.81-0.91-1.06-0.96-1.07-1.06-1.23-1.21-1.11-0.78-0.85-0.85-0.93-1.07-0.94-0.67-0.37-0.30
EPS Actual-0.78-0.45-0.66-0.53-0.25-0.63-0.67-0.52-0.83-0.73-0.74-0.59-0.63-0.93-0.90-0.96-1.01-1.30-1.41-1.26-1.16-0.62-0.77-0.72-0.81-0.88-1.14-0.85-0.29-0.87-0.72-
Surprise---6.45%23.19%51.92%-65.79%-45.65%1.89%-76.60%-2.82%-10.45%6.35%-3.28%-29.17%-11.11%-5.49%4.72%-35.42%-31.78%-18.87%5.69%48.76%30.63%7.69%4.59%-3.53%-22.58%20.56%69.06%-29.85%-94.59%-
Timing-After-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-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 Cap257.92M
Enterprise Value-243.42M
Trailing P/E0.00
Forward P/E0.00
Price / Sales4.21
Price / Book0.49
EPS-2.74
Book Value7.31
Revenue (TTM)61.20M
Gross Profit (TTM)-127.85M
EBITDA-200.81M
Profit Margin0.00%
Operating Margin-8673.93%
Return on Equity-32.30%
Return on Assets-17.91%
Shares Outstanding50.55M
Shares Float7.78M
Beta1.54
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 13 analystsTarget 9.50
  • Strong Buy
    5
  • Buy
    5
  • Hold
    3

Ownership Breakdown

Institutions
72.00%
Insiders
4.47%
Retail / Other
23.53%

Top Institutional Holders

  • Baker Bros Advisors LP
    10.89M15.55%
  • FCPM III SERVICES BV
    3.47M4.96%
  • Armistice Capital, LLC
    3.40M4.85%
  • Long Focus Capital Management, LLC
    3.31M4.73%
  • Acadian Asset Management LLC
    1.97M2.81%
  • Siren, L.L.C.
    1.56M2.23%
  • GSK PLC
    1.53M2.19%
  • T. Rowe Price Associates, Inc.
    1.03M1.47%
  • Renaissance Technologies Corp
    979.30K1.40%
  • Morgan Stanley - Brokerage Accounts
    618.33K0.88%
  • Schroder Investment Management Group
    615.83K0.88%
  • Citadel Advisors Llc
    554.23K0.79%
  • Millennium Management LLC
    553.97K0.79%
  • Peapod Lane Capital LLC
    537.98K0.77%
  • Birchview Capital, LP
    463.60K0.66%
  • Diadema Partners LP
    462.72K0.66%
  • Two Sigma Investments LLC
    434.58K0.62%

Top Fund Holders

  • Candriam Eqs L Biotech C USD Cap
    825.13K1.18%
  • T. Rowe Price Health Sciences
    628.42K0.90%
  • International Biotechnology Ord
    615.83K0.88%