Relay Therapeutics Inc

Relay Therapeutics Inc

RLAY · NASDAQ · Healthcare / Biotechnology

18.09USD+0.01 (+0.06%)

Price History

Full chart

Market Stats

Previous Close18.08
Open17.95
Day Range17.28 – 18.25
52-Week Range5.17 – 21.27
Volume1.48M
Market Cap3.88B
P/E (TTM)0.00
Forward P/E0.00
EPS-1.58
Dividend Yield0.00%
Beta1.70
50-Day Avg19.15
200-Day Avg13.80

About

Relay Therapeutics, Inc. operates as a clinical-stage precision medicines company. It transforms the drug discovery process with a focus on enhancing small molecule therapeutic discovery in targeted oncology and genetic disease indications. The company's lead product candidates include RLY-2608, a pan-mutant and isoform-selective phosphoinostide 3 kinase alpha, or PI3Ka, inhibitor that is in clinical development for the treatment of breast cancer, solid tumor, and vascular malformations; and aGal chaperone for Fabry diseases. It also develops RLY-8161, an oncogene driver that belongs to the RAS family of signaling proteins. In addition, the company develops lirafugratinib (RLY-4008), a receptor tyrosine kinase for the treatment of cancer. It has collaboration and license agreements with D. E. Shaw Research, LLC to research certain biological targets through the use of D. E. Shaw Research computational modeling capabilities focused on analysis of protein motion to develop and commercialize compounds and products directed to such targets; Elevar Therapeutics, Inc. for the development and commercialization of RLY-4008; and Pfizer Inc. for the development of RLY-2608 in combination with fulvestrant and atirmociclib. The company was formerly known as Allostery, Inc. and changed its name to Relay Therapeutics, Inc. in December 2015. Relay Therapeutics, Inc. was incorporated in 2015 and is headquartered in Cambridge, Massachusetts.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEODr. Sanjiv K. Patel M.A., M.B.A., M.D., MBBS
  • Employees202
  • Headquarters60 Hampshire Street, Cambridge, MA, United States, 02139, USA
  • Websitehttps://www.relaytx.com

Leadership

  • Dr. Sanjiv K. Patel M.A., M.B.A., M.D., MBBSCEO, President & Director · b. 1974
  • Dr. Mark Murcko Ph.D.Founder & Independent Director · b. 1960
  • Mr. Thomas CatinazzoChief Financial Officer · b. 1976
  • Mr. Peter RahmerChief Corporate Development Officer · b. 1982
  • Dr. Donald A. Bergstrom M.D., Ph.D.President of Research & Development · b. 1972
  • Ms. Dorothee Kern Ph.D.Founder
  • Dr. David Elliot Shaw Ph.D.Founder · b. 1951
  • Dr. Matthew P. Jacobson Ph.D.Founder
  • Mr. Jim Watters Ph.D.Chief Scientific Officer
  • Ms. Soo-Yeun Lim J.D.Senior VP & General Counsel

Financials

Income Statement

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue0082.65M3.03M1.38M25.55M10.01M15.36M
Growth (%)----96.34%-54.41%+1749.82%-60.83%+53.44%
Cost of Revenue2.15M2.85M3.55M169.39M243.00M326.39M315.44M3.56M
Gross Profit-2.15M-2.85M79.11M-166.36M-241.62M-300.84M-305.43M11.80M
Gross Margin--95.71%-5492.21%-17496.31%-1177.64%-3052.20%76.83%
Operating Expense47.73M81.20M134.90M198.34M57.65M72.16M67.03M314.54M
Operating Income-49.89M-84.05M-55.80M-364.70M-299.27M-373.00M-372.47M-302.74M
Operating Margin---67.51%-12040.21%-21670.89%-1460.11%-3722.07%-1971.59%
EBITDA-47.73M-81.20M-52.25M-223.08M-306.82M-374.15M-380.21M-272.92M
EBITDA Margin---63.21%-7364.87%-22217.38%-1464.62%-3799.44%-1777.41%
Net Income-48.78M-66.50M-52.41M-363.87M-290.51M-341.97M-337.71M-276.48M
Net Income Margin---63.41%-12012.94%-21036.13%-1338.66%-3374.72%-1800.58%
R&D41.03M70.31M99.86M295.65M246.35M330.02M319.09M261.38M
R&D as % of Total Revenue--120.82%9760.65%17838.88%1291.86%3188.66%1702.27%
Interest Expense000826.00K8.77M---
Interest Expense % of Total Revenue--0.00%27.27%634.76%---

Balance Sheet

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets428.61M393.07M799.83M1.01B1.10B843.98M871.30M621.33M
Total Liabilities539.54M573.51M36.54M110.64M149.55M91.98M93.50M54.27M
Total Equity-110.93M-180.44M763.29M897.81M950.22M752.00M777.79M567.06M
Cash421.50M41.95M447.65M280.12M151.79M143.74M124.29M84.02M
Total Debt178.00K24.83M24.42M22.90M57.74M53.47M48.50M32.46M
Net Debt-421.33M-17.12M-423.22M-257.22M-94.05M-90.27M-75.78M-51.56M

Cash Flow

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-44.13M-66.13M-102.49M-74.41M-229.49M-300.32M-249.11M-235.46M
Investing Cash Flow-1.68M-319.02M81.67M-479.51M-188.75M257.63M-41.08M192.80M
Financing Cash Flow394.97M5.61M426.51M388.09M289.91M34.75M270.15M1.60M
Capital Expenditure1.69M8.00M1.93M3.47M9.06M4.13M2.02M410.00K
Free Cash Flow-45.82M-74.14M-104.42M-77.88M-238.55M-304.44M-251.13M-235.87M
FCF to OCF103.82%112.10%101.88%104.66%103.95%101.37%100.81%100.17%

Earnings

Report DateJun 3, 2020Aug 27, 2020Nov 12, 2020Mar 25, 2021May 13, 2021Aug 12, 2021Nov 10, 2021Feb 24, 2022May 5, 2022Aug 4, 2022Nov 3, 2022Feb 23, 2023May 4, 2023Aug 8, 2023Nov 2, 2023Feb 22, 2024May 2, 2024Aug 6, 2024Nov 6, 2024Feb 20, 2025May 5, 2025Aug 7, 2025Nov 6, 2025Feb 26, 2026May 5, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate-0.39-0.40-0.370.17-0.47-0.45-0.64-0.58-0.62-0.59-0.69-0.70-0.70-0.81-0.86-0.73-0.69-0.73-0.78-0.55-0.48-0.49-0.42-0.38-0.36-0.41-0.40
EPS Actual-0.39-0.43-3.000.70-0.47-2.10-0.63-0.62-0.57-0.71-0.76-0.56-0.78-0.81-0.54-0.67-0.62-0.69-0.63-0.45-0.46-0.41-0.43-0.32-0.41-0.41-
Surprise0.00%-7.50%-710.81%311.76%0.00%-366.67%1.56%-6.90%8.06%-20.34%-10.14%20.00%-11.43%0.00%37.21%8.22%10.14%5.48%19.23%17.90%4.17%16.33%-2.38%15.79%-13.89%0.00%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap3.88B
Enterprise Value3.07B
Trailing P/E0.00
Forward P/E0.00
Price / Sales374.55
Price / Book4.44
EPS-1.58
Book Value4.07
Revenue (TTM)10.35M
Gross Profit (TTM)-258.50M
EBITDA-308.22M
Profit Margin0.00%
Operating Margin-25949.72%
Return on Equity-36.77%
Return on Assets-22.88%
Shares Outstanding219.14M
Shares Float145.48M
Beta1.70
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 13 analystsTarget 27.08
  • Strong Buy
    6
  • Buy
    5
  • Hold
    2

Ownership Breakdown

Institutions
110.93%
Insiders
1.61%
Retail / Other
0.00%

Top Institutional Holders

  • SB INVESTMENT ADVISERS (UK) LTD
    27.90M12.73%
  • COMMODORE CAPITAL LP
    17.00M7.76%
  • Casdin Capital, LLC
    16.04M7.32%
  • Perceptive Advisors LLC
    14.11M6.44%
  • BlackRock Inc
    12.98M5.92%
  • Bellevue Group AG
    7.80M3.56%
  • Vanguard Capital Management, LLC
    7.39M3.37%
  • Nextech Invest, Ltd.
    6.78M3.09%
  • State Street Corp
    6.23M2.84%
  • TCG Crossover Management, LLC
    4.27M1.95%
  • FMR Inc
    3.70M1.69%
  • Geode Capital Management, LLC
    3.51M1.60%
  • Westfield Capital Management Company, L.P.
    3.34M1.53%
  • Kynam Capital Management, LP
    3.30M1.51%
  • Dimensional Fund Advisors, Inc.
    3.13M1.43%
  • Balyasny Asset Management LLC
    3.04M1.39%
  • Spruce Street Capital LP
    2.98M1.36%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    6.82M3.11%
  • State Street® SPDR® S&P® Biotech ETF
    6.64M3.03%
  • iShares Russell 2000 ETF
    4.15M1.89%