Adverum Financial Statements From 2010 to 2023

ADVM Stock  USD 0.76  0.01  1.33%   
Adverum Biotechnologies financial statements provide useful quarterly and yearly information to potential Adverum Biotechnologies investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Adverum Biotechnologies financial statements helps investors assess Adverum Biotechnologies' valuation, profitability, and current liquidity needs.
There are over ninety-five available fundamental signals for Adverum Biotechnologies, which can be analyzed over time and compared to other ratios. Make sure you validate Adverum Biotechnologies' prevailing fundamentals against the trend between 2010 and 2023 to make sure the company can sustain itself down the road.
Adverum Biotechnologies Average Assets are very stable at the moment as compared to the past year. Adverum Biotechnologies reported last year Average Assets of 551.43 Million. As of 26th of March 2023, Enterprise Value is likely to grow to about 377.3 M, while Revenue Per Employee is likely to drop about 38.4 K.
  
Check Adverum Biotechnologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Adverum main balance sheet or income statement drivers, such as Gross Profit of 9.3 M, Interest Expense of 30 K or Operating Expenses of 190.6 M, as well as many exotic indicators such as Long Term Debt to Equity of 0.0997, PPandE Turnover of 0.29 or Receivables Turnover of 2.56. Adverum financial statements analysis is a perfect complement when working with Adverum Biotechnologies Valuation or Volatility modules. It can also supplement Adverum Biotechnologies' financial leverage analysis and stock options assessment as well as various Adverum Biotechnologies Technical models . Check out the analysis of Adverum Biotechnologies Correlation against competitors. To learn how to invest in Adverum Stock please use our How to Invest in Adverum Biotechnologies guide.

Adverum Biotechnologies Revenues

9.31 Million

Adverum Biotechnologies Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Tax Liabilities1.1 M1.1 M1.2 M
Down
Slightly volatile
Trade and Non Trade ReceivablesM7.4 M3.5 M
Up
Slightly volatile
Property Plant and Equipment Net147.7 M136.9 M36.6 M
Up
Slightly volatile
Trade and Non Trade Payables1.8 M1.6 M1.5 M
Up
Slightly volatile
Liabilities Non Current126.8 M117.6 M31 M
Up
Slightly volatile
Current Liabilities26.5 M24.5 M11.4 M
Up
Slightly volatile
Total Liabilities153.3 M142.1 M42.4 M
Up
Slightly volatile
Investments Current255.3 M311.6 M130.1 M
Up
Slightly volatile
Investments255.3 M311.6 M130.1 M
Up
Slightly volatile
Goodwill and Intangible Assets4.5 M4.5 M4.9 M
Down
Slightly volatile
Shareholders Equity USD302.3 M363.6 M184 M
Up
Slightly volatile
Shareholders Equity302.3 M363.6 M184 M
Up
Slightly volatile
Deferred Revenue8.5 M8.2 M7.4 M
Up
Pretty Stable
Total Debt USD125.5 M116.3 M40.6 M
Up
Slightly volatile
Debt Non Current125.5 M116.3 M40.6 M
Up
Slightly volatile
Total Debt125.5 M116.3 M40.6 M
Up
Slightly volatile
Cash and Equivalents USD33.9 M33 M76.1 M
Up
Very volatile
Cash and Equivalents33.9 M33 M76.1 M
Up
Very volatile
Assets Non Current152.1 M141 M38.4 M
Up
Slightly volatile
Current Assets306.5 M364.7 M189.3 M
Up
Slightly volatile
Total Assets545.6 M505.7 M233.9 M
Up
Slightly volatile
Accumulated Other Comprehensive Income(659.5 K)(642.6 K)(337.2 K)
Down
Slightly volatile
Accounts Payable1.3 M1.2 M1.4 M
Up
Slightly volatile
Receivables5.5 M5.1 M2.9 M
Up
Slightly volatile

Adverum Biotechnologies Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Income Tax Expense1.4 M1.3 M(137.1 K)
Up
Slightly volatile
Weighted Average Shares Diluted121.6 M112.7 M48.2 M
Up
Slightly volatile
Weighted Average Shares121.6 M112.7 M48.2 M
Up
Slightly volatile
Selling General and Administrative Expense80 M74.1 M28.2 M
Up
Slightly volatile
Research and Development Expense110.7 M102.6 M41.9 M
Up
Slightly volatile
Revenues USD9.3 M8.6 MM
Up
Slightly volatile
Revenues9.3 M8.6 MM
Up
Slightly volatile
Preferred Dividends Income Statement Impact2.9 M2.9 M3.2 M
Down
Slightly volatile
Operating Expenses190.6 M176.7 M75 M
Up
Slightly volatile
Interest Expense30 K20.7 K20.8 K
Up
Very volatile
Gross Profit9.3 M8.6 MM
Up
Slightly volatile

Adverum Biotechnologies Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Share Based Compensation31.3 M29 M12.2 M
Up
Slightly volatile
Effect of Exchange Rate Changes on Cash (714.9 K)(696.6 K)(387.5 K)
Down
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals91.1 M84.4 M(20.9 M)
Up
Pretty Stable
Net Cash Flow from Investing76.4 M70.8 M(12.8 M)
Up
Very volatile
Net Cash Flow from Financing2.8 M2.8 M56.3 M
Up
Pretty Stable
Issuance Repayment of Debt Securities (221.7 K)(216 K)300 K
Down
Slightly volatile
Issuance Purchase of Equity Shares3.1 MM86.5 M
Down
Pretty Stable
Net Cash Flow Business Acquisitions and Disposals3.1 M3.1 M3.4 M
Down
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents(24.7 M)(24.1 M)(1 M)
Down
Pretty Stable
Depreciation Amortization and Accretion5.8 M5.3 MM
Up
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Tangible Assets Book Value per Share5.765.164.5541
Up
Slightly volatile
Sales per Share0.05840.06930.0492
Up
Pretty Stable
Return on Invested Capital(0.27)(0.26)9.9728
Down
Pretty Stable
Return on Average Equity(0.37)(0.36)0.0083
Down
Slightly volatile
Price to Sales Ratio27.1526.46638
Down
Slightly volatile
Price to Book Value0.510.493.7275
Down
Slightly volatile
Gross Margin0.890.90.9853
Down
Slightly volatile
Enterprise Value over EBITDA(2.23)(2.06)(16.905)
Up
Slightly volatile
Enterprise Value over EBIT(2.48)(2.3)(16.7699)
Up
Slightly volatile
Debt to Equity Ratio0.480.450.052
Up
Slightly volatile
Current Ratio19.1517.1115.1767
Up
Slightly volatile
Book Value per Share4.513.713.5974
Up
Slightly volatile
Asset Turnover0.01480.01440.1936
Down
Slightly volatile
Total Assets Per Share3.954.023.6976
Up
Slightly volatile
Receivables Turnover2.562.532.08
Down
Slightly volatile
PPandE Turnover0.290.284.0826
Down
Slightly volatile
Cash and Equivalents Turnover0.180.180.3494
Down
Slightly volatile
Accounts Payable Turnover3.473.221.7168
Up
Slightly volatile
Accrued Expenses Turnover0.460.430.3064
Up
Slightly volatile
Long Term Debt to Equity0.09970.06950.1359
Down
Slightly volatile
Quick Ratio20.8516.7722.0761
Down
Slightly volatile
Net Current Assets as percentage of Total Assets54.6360.5529.9285
Up
Slightly volatile
Revenue to Assets0.02010.01960.0561
Down
Slightly volatile

Adverum Biotechnologies Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Working Capital287.4 M340.2 M178.4 M
Up
Slightly volatile
Tangible Asset Value545.6 M505.7 M233.2 M
Up
Slightly volatile
Market Capitalization159.6 M155.5 M648.4 M
Down
Slightly volatile
Invested Capital Average627.7 M581.7 M175.8 M
Up
Slightly volatile
Invested Capital599.1 M555.2 M172.7 M
Up
Slightly volatile
Enterprise Value377.3 M290.5 M568.7 M
Down
Slightly volatile
Average Equity342 M418.6 M188.2 M
Up
Slightly volatile
Average Assets595 M551.4 M238 M
Up
Slightly volatile
Revenue Per Employee38.4 K45.9 K30.3 K
Up
Pretty Stable

Adverum Fundamental Market Drivers

Cash And Short Term Investments305.2 M

Adverum Upcoming Events

4th of April 2023
Upcoming Quarterly Report
View
11th of May 2023
Next Financial Report
View
31st of December 2022
Next Fiscal Quarter End
View
4th of April 2023
Next Fiscal Year End
View
30th of September 2022
Last Quarter Report
View
31st of December 2021
Last Financial Announcement
View

About Adverum Biotechnologies Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Adverum Biotechnologies income statement, its balance sheet, and the statement of cash flows. Adverum Biotechnologies investors use historical funamental indicators, such as Adverum Biotechnologies's revenue or net income, to determine how well the company is positioned to perform in the future. Although Adverum Biotechnologies investors may use each financial statement separately, they are all related. The changes in Adverum Biotechnologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Adverum Biotechnologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Adverum Biotechnologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Adverum Biotechnologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Deferred Revenue8.2 M8.5 M
Revenues8.6 M9.3 M
Revenue to Assets 0.0196  0.0201 
Revenue Per Employee45.9 K38.4 K

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Our tools can tell you how much better you can do entering a position in Adverum Biotechnologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Adverum Biotechnologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Adverum Biotechnologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Adverum Biotechnologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with Adverum Biotechnologies

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Moving against Adverum Biotechnologies

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The ability to find closely correlated positions to Adverum Biotechnologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adverum Biotechnologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Adverum Biotechnologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Adverum Biotechnologies to buy it.
The correlation of Adverum Biotechnologies is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Adverum Biotechnologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adverum Biotechnologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Adverum Biotechnologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out the analysis of Adverum Biotechnologies Correlation against competitors. To learn how to invest in Adverum Stock please use our How to Invest in Adverum Biotechnologies guide. You can also try Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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Is Adverum Biotechnologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Adverum Biotechnologies. If investors know Adverum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Adverum Biotechnologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.57) 
Quarterly Revenue Growth
(0.70) 
Return On Assets
(0.23) 
Return On Equity
(0.56) 
The market value of Adverum Biotechnologies is measured differently than its book value, which is the value of Adverum that is recorded on the company's balance sheet. Investors also form their own opinion of Adverum Biotechnologies' value that differs from its market value or its book value, called intrinsic value, which is Adverum Biotechnologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Adverum Biotechnologies' market value can be influenced by many factors that don't directly affect Adverum Biotechnologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Adverum Biotechnologies' value and its price as these two are different measures arrived at by different means. Investors typically determine Adverum Biotechnologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adverum Biotechnologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.