Erasca Inc

Erasca Inc

ERAS · NASDAQ · Healthcare / Biotechnology

15.66USD-0.12 (-0.76%)

Price History

Full chart

Market Stats

Previous Close15.78
Open15.29
Day Range14.12 – 15.84
52-Week Range2.11 – 24.28
Volume8.53M
Market Cap4.68B
P/E (TTM)0.00
Forward P/E0.00
EPS-0.95
Dividend Yield0.00%
Beta0.62
50-Day Avg16.19
200-Day Avg14.54

About

Erasca, Inc., a clinical-stage precision oncology company, focuses on discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers. The company's product pipeline includes ERAS-0015, a pan-RAS molecular glue for the treatment of patients with RAS-mutated solid tumors; ERAS-4001, a pan-KRAS inhibitor for the treatment of patients with KRAS-mutated solid tumors; and ERAS-12, an investigational EGFR D2/D3 biparatopic antibody (bpAb) for the treatment of EGFR and RAS/MAPK solid tumors. It has license agreement with Guangzhou Joyo Pharmatech Co., Ltd to develop, manufacture, and commercialize certain pan-RAS inhibitors; Medshine Discovery Inc. to develop, manufacture, and commercialize certain pan-KRAS inhibitors; Novartis Pharma AG to develop, manufacture, use, and commercialize naporafenib; NiKang Therapeutics, Inc. to develop and commercialize ERAS-601 and certain other related compounds; and Asana BioSciences, LLC to develop and commercialize ERAS-007 and certain other related compounds. The company has a clinical trial collaboration and supply agreement with Tango Therapeutics, Inc. for the evaluation of ERAS-0015. Erasca, Inc. was incorporated in 2018 and is headquartered in San Diego, California.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEODr. Jonathan E. Lim M.D.
  • Employees103
  • Headquarters3115 Merryfield Row, San Diego, CA, United States, 92121, USA
  • Websitehttps://www.erasca.com

Leadership

  • Dr. Jonathan E. Lim M.D.Co-Founder, Chairman & CEO · b. 1972
  • Dr. David M. Chacko M.D.CFO & Chief Business Officer · b. 1983
  • Dr. Michael D. Varney Ph.D.Chairman of Research & Development, Scientific Advisory Board Member and Director · b. 1958
  • Dr. Shannon R. Morris M.D., Ph.D.Chief Medical Officer · b. 1970
  • Dr. Nik Chetwyn Ph.D.Chief Operating Officer
  • Ms. Alison Tjosvold MilhousSenior Vice President of Accounting · b. 1979
  • Dr. Robert Shoemaker Ph.D.Chief Scientific Officer · b. 1981
  • Mr. Ebun S. Garner Esq., J.D.Chief Legal Officer & Corporate Secretary · b. 1972
  • Dr. Lisa Tesvich-Bonora Ph.D.Chief People Officer
  • Mr. Brian L. Baker CPA, M.S.Senior Vice President of Finance · b. 1967

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue0000000
Cost of Revenue310.00K540.00K829.00K2.64M3.73M3.81M3.11M
Gross Profit-310.00K-540.00K-829.00K-2.64M-3.73M-3.81M-3.11M
Operating Expense12.98M108.71M124.05M244.81M137.79M175.78M128.30M
Operating Income-13.29M-109.25M-124.88M-247.45M-141.53M-179.59M-131.41M
EBITDA-12.98M-36.97M-121.94M-240.16M-121.31M-153.28M-121.44M
Net Income-12.04M-101.66M-122.76M-242.81M-125.04M-161.65M-124.55M
R&D9.62M101.30M73.92M112.46M103.82M115.36M92.85M
Interest Expense0336.00K55.86M201.36M---

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets55.51M124.83M501.42M514.91M395.30M502.53M396.15M
Total Liabilities69.12M238.81M44.89M103.06M78.61M79.03M70.98M
Total Equity-13.60M-113.98M456.53M411.85M316.69M423.50M325.17M
Cash29.58M65.38M360.49M284.22M93.08M67.74M73.81M
Total Debt3.69M2.99M18.79M55.10M55.86M51.89M47.14M
Net Debt-25.89M-62.39M-341.70M-229.12M-37.22M-15.85M-26.67M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-10.38M-32.69M-79.60M-103.26M-101.22M-109.42M-95.45M
Investing Cash Flow-20.89M-71.20M-64.59M-71.08M-91.22M-156.62M100.42M
Financing Cash Flow16.86M139.99M439.40M98.08M1.29M240.70M1.10M
Capital Expenditure597.00K38.69M18.89M16.55M1.77M22.56M128.00K
Free Cash Flow-10.97M-71.38M-98.48M-119.81M-102.99M-131.98M-95.58M
FCF to OCF105.75%218.37%123.72%116.03%101.75%120.62%100.13%

Earnings

Report DateMar 31, 2020Mar 31, 2021Jun 2, 2021Aug 26, 2021Nov 10, 2021Mar 24, 2022May 12, 2022Aug 11, 2022Nov 9, 2022Mar 23, 2023May 15, 2023Aug 10, 2023Nov 9, 2023Mar 27, 2024May 8, 2024Aug 12, 2024Nov 12, 2024Mar 20, 2025May 13, 2025Aug 12, 2025Nov 12, 2025Mar 19, 2026May 11, 2026Aug 11, 2026Nov 11, 2026
EPS Estimate0.000.000.00-0.65-0.64-0.34-0.30-0.33-0.31-0.32-0.31-0.24-0.22-0.23-0.20-0.19-0.17-0.13-0.13-0.11-0.11-0.11-0.23-0.12-0.14
EPS Actual-0.96-0.68-0.74-1.20-0.46-0.26-0.31-0.30-0.29-1.06-0.22-0.21-0.20-0.20-0.23-0.29-0.11-0.11-0.11-0.12-0.11-0.10-0.60-0.14-
Surprise----84.62%28.13%23.53%-3.33%9.09%6.45%-231.25%29.03%12.50%9.09%13.04%-15.00%-52.63%35.29%15.38%15.38%-9.09%0.00%8.26%-160.87%-16.67%-
Timing---After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap4.68B
Enterprise Value4.65B
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.00
Price / Book13.48
EPS-0.95
Book Value1.16
Revenue (TTM)0
Gross Profit (TTM)0
EBITDA-147.74M
Profit Margin0.00%
Operating Margin0.00%
Return on Equity-78.25%
Return on Assets-21.39%
Shares Outstanding349.76M
Shares Float255.21M
Beta0.62
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 9 analystsTarget 24.11
  • Strong Buy
    5
  • Buy
    2
  • Hold
    2

Ownership Breakdown

Institutions
89.00%
Insiders
5.96%
Retail / Other
5.04%

Top Institutional Holders

  • Frazier Life Sciences Management, L.P.
    24.98M7.14%
  • T. Rowe Price Investment Management,Inc.
    21.19M6.06%
  • BlackRock Inc
    21.15M6.05%
  • RTW INVESTMENTS, LLC
    17.95M5.13%
  • VR Adviser, LLC
    17.89M5.12%
  • State Street Corp
    12.18M3.48%
  • Logos Global Management LP
    12.15M3.47%
  • Vanguard Capital Management, LLC
    11.40M3.26%
  • Siren, L.L.C.
    11.40M3.26%
  • Paradigm Biocapital Advisors LP
    9.55M2.73%
  • ARCH VENTURE CORP
    7.09M2.03%
  • Geode Capital Management, LLC
    6.50M1.86%
  • T. Rowe Price Associates, Inc.
    6.27M1.79%
  • Cormorant Asset Management, LLC
    6.00M1.72%
  • Affinity Asset Advisors, LLC
    5.25M1.50%
  • Vivo Capital, LLC
    4.13M1.18%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    9.80M2.80%
  • State Street® SPDR® S&P® Biotech ETF
    8.44M2.41%
  • American Funds SMALLCAP World A
    6.89M1.97%
  • iShares Russell 2000 ETF
    5.73M1.64%