Opus Genetics, Inc.

Opus Genetics, Inc.

IRD · NASDAQ · Healthcare / Biotechnology

3.98USD-0.08 (-1.97%)

Price History

Full chart

Market Stats

Previous Close4.06
Open4.15
Day Range3.80 – 4.17
52-Week Range1.62 – 7.07
Volume747.40K
Market Cap420.14M
P/E (TTM)0.00
Forward P/E12.00
EPS-1.37
Dividend Yield0.00%
Beta0.58
50-Day Avg4.20
200-Day Avg3.94

About

Opus Genetics, Inc., a clinical-stage biopharmaceutical company, develops gene therapies to restore vision and prevent blindness in patients with inherited retinal diseases (IRDs) and other types of therapies for additional ophthalmic disorders. It develops OPGx-LCA5, an early-onset retinal degeneration that is in Phase 1/2 clinical trial for the treatment of LCA5-associated IRD; and OPGx-BEST1 to treat BEST1-associated retinal disease. The company also develops various pre-clinical IRD programs, including OPGx-RHO, a gene therapy that targets autosomal dominant retinitis pigmentosa caused by RHO mutations; OPGx-RDH12 that is designed to restore protein expression and halt functional deterioration in patients with retinal dystrophy caused by mutations in the retinal dehydrogenase gene; OPGx-MERTK, an AAV vector for the treatment of MERTK IRD; OPGx-NMNAT1, a gene augmentation therapy designed to halt functional deterioration in pediatric patients with retinal degenerative disease caused by mutations in the nicotinamide mononucleotide adenylyltransferase 1 gene; and OPGx-CNGB1, an AAV gene therapy for retinitis pigmentosa due to mutations in the CNGB1 gene. In addition, it develops Phentolamine Ophthalmic Solution for reversal of mydriasis, as well as for the treatment of presbyopia and dim light or night vision disturbances and APX3330, a small-molecule inhibitor of Ref-1 for the treatment of diabetic retinopathy. Opus Genetics, Inc. was formerly known as Ocuphire Pharma, Inc. and changed its name to Opus Genetics, Inc. in November 2020. The company was founded in 2018 and is headquartered in Durham, North Carolina.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEODr. George Magrath M.B.A., M.D., M.S.
  • Employees27
  • Headquarters8 Davis Drive, Durham, NC, United States, 27713, USA
  • Websitehttps://opusgtx.com

Leadership

  • Dr. George Magrath M.B.A., M.D., M.S.CEO & Director · b. 1985
  • Dr. Benjamin R. Yerxa Ph.D.President & Director · b. 1966
  • Mr. Joseph K. Schachle MBAChief Operating Officer · b. 1965
  • Dr. Ashwath Jayagopal M.B.A., Ph.D.Chief Scientific & Development Officer · b. 1983
  • Mr. Chris ErnstChief Technology Officer
  • Ms. Jenny KobinInvestor Relations Officer
  • Mr. Bernhard Hoffmann M.B.A.Senior Vice President of Corporate Development & Secretary · b. 1956
  • Ms. Amy Zaremba Rabourn C.P.A., MAccHead of Financial Quality Assurance · b. 1981
  • Ms. Bindu ManneHead of Market Development & Commercialization
  • Ms. Sally Tucker Ph.D.Chief Medical Officer & Senior Vice President of Clinical Development

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-0589.00K39.85M19.05M10.99M14.20M
Growth (%)---+6665.70%-52.20%-42.30%+29.15%
Cost of Revenue-8.00K4.00K4.00K6.00K10.00K53.00K
Gross Profit--8.00K589.00K39.85M19.05M10.99M14.20M
Gross Margin--100.00%100.00%100.00%100.00%100.00%
Operating Expense-19.96M23.29M21.62M29.61M73.07M52.80M
Operating Income-4.19M-19.97M-22.70M18.23M-10.56M-62.07M-38.60M
Operating Margin---3854.84%45.74%-55.45%-564.72%-271.90%
EBITDA-4.76M-17.77M-56.69M18.22M-9.97M-57.52M-48.07M
EBITDA Margin---9624.28%45.71%-52.33%-523.31%-338.63%
Net Income-6.17M-24.62M-56.69M17.89M-9.99M-57.53M-49.59M
Net Income Margin---9625.30%44.89%-52.42%-523.40%-349.33%
R&D2.37M6.65M15.17M14.36M17.65M26.85M30.81M
R&D as % of Total Revenue--2576.06%36.02%92.67%244.28%217.05%
Interest Expense1.41M6.85M2.00K9.00K1.33M01.47M
Interest Expense % of Total Revenue--0.34%0.02%6.97%0.00%10.33%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.78M17.68M26.08M48.99M53.95M36.86M50.24M
Total Liabilities9.34M31.15M3.85M2.75M4.04M30.14M34.90M
Total Equity-7.56M-13.47M22.22M46.24M49.91M6.72M15.35M
Cash1.54M16.40M24.53M42.63M50.50M30.32M45.09M
Total Debt5.67M-538.00K--18.84M-
Net Debt4.13M-16.40M-24.00M-42.63M-50.50M-30.32M-45.09M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-3.59M-6.80M-19.37M14.31M-1.11M-25.58M-35.25M
Investing Cash Flow-25.00K539.00K-100.00K--1.21M-
Financing Cash Flow4.70M21.12M27.61M3.79M8.98M4.19M50.02M
Capital Expenditure25.00K000000
Free Cash Flow-3.62M-6.80M-19.37M14.31M-1.11M-25.58M-35.25M
FCF to OCF100.70%100.00%100.00%100.00%100.00%100.00%100.00%

Earnings

Report DateDec 31, 2004Mar 31, 2005Jun 30, 2005Sep 30, 2005Dec 31, 2005Mar 31, 2006Jun 30, 2006Sep 30, 2006Dec 31, 2006Mar 31, 2007Jun 30, 2007Sep 30, 2007Dec 31, 2007Mar 31, 2008Jun 30, 2008Sep 30, 2008Dec 31, 2008Jun 3, 2009Sep 2, 2009Dec 2, 2009Mar 3, 2010Jun 2, 2010Sep 1, 2010Dec 1, 2010Mar 23, 2011Jun 1, 2011Aug 31, 2011Nov 30, 2011Mar 16, 2012May 30, 2012Aug 29, 2012Nov 28, 2012Mar 22, 2013May 29, 2013Aug 28, 2013Nov 27, 2013Mar 24, 2014May 15, 2014Aug 14, 2014Nov 13, 2014Mar 17, 2015May 11, 2015Aug 10, 2015Nov 3, 2015Mar 14, 2016May 9, 2016Aug 8, 2016Nov 7, 2016Feb 27, 2017May 5, 2017Aug 7, 2017Nov 6, 2017Mar 13, 2018May 7, 2018Aug 6, 2018Nov 5, 2018Mar 8, 2019May 13, 2019Aug 7, 2019Dec 27, 2019Mar 16, 2020May 18, 2020Aug 10, 2020Nov 4, 2020Mar 10, 2021May 7, 2021Aug 12, 2021Nov 12, 2021Mar 24, 2022May 13, 2022Aug 12, 2022Nov 4, 2022Mar 30, 2023May 15, 2023Aug 11, 2023Nov 13, 2023Mar 8, 2024May 10, 2024Aug 13, 2024Nov 12, 2024Mar 31, 2025May 15, 2025Aug 13, 2025Nov 12, 2025Feb 25, 2026May 12, 2026Aug 6, 2026Nov 11, 2026
EPS Estimate--------------------------------------------------8.00-10.08-10.24-0.14-0.14-0.17-0.17-0.09-0.93-2.44-1.96-2.00-0.15-0.62-0.33-4.70-0.83-0.41-0.36-0.35-0.35-0.33-0.291.00-0.16-0.24-0.23-0.05-0.14-0.28-0.23-0.05-0.34-0.26-0.13-0.12-0.14-0.15-0.14
EPS Actual-17760.00-960.00-14.98-12.80-33.60-27.67-14.87-16.32-5.73-11.30-11.29-9.91-8.55-11.30-6.41-10.40-14.16-12.72-14.70-9.73-14.71-10.43-20.08-13.40-43.20-24.69-29.38-7.402.01-10.77-5.25-15.05-0.22-6.15-12.48-7.88-4.80-41.200.53-5.13-5.95-11.45-8.63-10.70-6.93-9.83-3.98-6.36-1.06-43.201.92-1.92-5.76-3.36-5.76-8.16-4.32-4.07-2.44-1.96-1.86-0.58-2.50-0.33-4.70-0.47-0.52-0.25-0.35-0.35-0.25-0.221.69-0.28-0.240.25-0.21-0.29-0.30-0.29-1.27-0.32-0.12-0.25-0.21-0.75-0.14-
Surprise--------------------------------------------------440.00%119.05%81.25%-4014.29%-2300.00%-3288.24%-4700.00%-4700.00%-337.63%0.00%0.00%7.00%-286.67%-303.23%0.00%0.00%43.37%-26.83%30.56%0.00%0.00%24.24%24.14%69.00%-75.00%0.00%208.70%-320.00%-107.14%-7.14%-26.09%-2573.68%5.88%53.85%-92.31%-78.27%-435.71%6.67%-
Timing-----------------------------------------------------------------Pre-marketPre-marketPre-market-Pre-marketPre-marketAfter-hoursAfter-hours-Pre-marketPre-market-After-hoursPre-marketPre-market-Pre-marketAfter-hoursPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap420.14M
Enterprise Value347.56M
Trailing P/E0.00
Forward P/E12.00
Price / Sales42.63
Price / Book23.82
EPS-1.37
Book Value-0.157
Revenue (TTM)9.86M
Gross Profit (TTM)-28.77M
EBITDA-50.55M
Profit Margin0.00%
Operating Margin-2182.78%
Return on Equity-4796.52%
Return on Assets-48.06%
Shares Outstanding83.20M
Shares Float64.13M
Beta0.58
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 3 analystsTarget 13.00
  • Strong Buy
    2
  • Buy
    1

Ownership Breakdown

Institutions
69.26%
Insiders
12.23%
Retail / Other
18.51%

Top Institutional Holders

  • Caligan Partners LP
    6.08M7.30%
  • Adage Capital Partners Gp LLC
    6.03M7.25%
  • BIOS CAPITAL MANAGEMENT, LP
    3.68M4.43%
  • Trails Edge Capital Partners, LP
    2.74M3.30%
  • Balyasny Asset Management LLC
    2.72M3.27%
  • Vanguard Capital Management, LLC
    2.45M2.94%
  • Marshall Wace Asset Management Ltd
    2.31M2.78%
  • Millennium Management LLC
    2.30M2.77%
  • Boxer Capital Management, LLC
    2.25M2.70%
  • Great Point Partners LLC
    1.97M2.37%
  • ADAR1 Capital Management LLC
    1.85M2.22%
  • Nantahala Capital Management, LLC
    1.68M2.02%
  • Woodline Partners LP
    1.35M1.63%
  • BOOTHBAY FUND MANAGEMENT, LLC
    1.19M1.43%
  • Opaleye Management Inc
    1.13M1.35%
  • Farallon Capital Management, L.L.C.
    1.00M1.20%
  • Susquehanna International Group, LLP
    823.38K0.99%
  • Bleichroeder LP
    736.84K0.89%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    2.24M2.69%
  • iShares Russell 2000 ETF
    1.33M1.60%

Stock Splits

  • Nov 6, 20201:4
  • Apr 12, 20191:12
  • May 5, 20171:10