ImageneBio, Inc.

IMA Healthcare Biotechnology

ImageneBio, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $800,000.00, down 77.1% from fiscal 2024.

Revenue
−60.1%
EPS
+85.9%
Free cash flow
+23.8%

Quarter to June 2026, against a year earlier

4.11 0.06 −1.44%
Market cap
$47.3M
P/E
0.0×
Fwd P/E
−1.3×
Dividend yield
—
F-score
3/9
Altman Z
−1.12
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 0.10
Sold, $m 0.02
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy 1 — — — — — — — — — — —
Sell — — — — — — — 1 — — — —
Insider Ownership 55.08%

Capital & Financial Ratios $m

Size
Market Cap 47.28
Revenue ttm 6.14
Net income ttm (52.48)
Free cash flow ttm (52.59)
Net debt Q (136.15)
Valuation
P/E 0.00
Forward P/E (1.27) (negative: loss-making)
Price / sales 10.81 (above 10: high)
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.47
Financial health
Current ratio Q 21.47 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q (9.02)
Growth
Revenue growth Q −60.08% (below 0%: shrinking)
Operating income growth Q −60.15% (below 0%: shrinking)
EPS, this year +66.59% (at or above 15%: strong)
EPS, next year A −7.95% (below 0%: weak)
Revenue, next year A −66.66% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +27.01% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 75.50%
10-year low 10-year high
P/B against its own 10 years 35.88%
10-year low 10-year high
EV/Sales against its own 10 years 37.15%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 175 12 135 136
Receivables — — — —
Inventory — — — —
Other — — — —
179 12 140 141
2023 2024 2025 Q'26
Payables 2 5 1 1
ST’ Debt — 8 — —
Other — — — —
14 17 11 7

Compound Annual Growth %

10y 5y 3y
Sales — (38.64%) (62.86%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% (3.24%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.95) (0.63) — — —
’25 (3.80) (4.46) (2.91) (1.12) (9.64)
’24 (3.96) (3.36) (2.58) — (22.10)
’23 (4.68) (5.28) (4.80) (4.88) (19.57)
’22 (5.64) (6.84) (5.76) (4.68) (22.81)
’21 (30.25) (4.20) (4.80) 0.84 (14.65)
’20 (31.39) (22.75) (28.09) (109.92) (192.15)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 1 — — — 1
’24 — — 4 — 4
’23 5 2 1 1 9
’22 3 0 6 5 16
’21 3 4 4 20 31
’20 3 3 3 0 9
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (15) (9) — — —
’25 (7) (12) (21) (7) (48)
’24 (18) (13) 13 (3) (21)
’23 (20) (18) (20) (22) (80)
’22 (20) (19) (17) (18) (74)
’21 (13) (16) (18) (13) (60)
’20 (10) (8) (8) (13) (38)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (15) (9) — — —
’25 (7) (12) (21) (7) (48)
’24 (18) (12) 14 (3) (20)
’23 (20) (18) (20) (22) (80)
’22 (20) (19) (18) (18) (76)
’21 (14) (16) (18) (14) (62)
’20 (10) (8) (8) (13) (39)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — 1 14 9 31 16 9 4 1 6 (3.0%) 0 0 — (42.3%)
Gross margin, % — — 0.00 0.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 +100.0 pt
EBT — — (41) (17) (44) (34) (69) (68) (37) (46) (53) +1.6%
EBT margin, % — — (4,127.78) (122.28) (481.36) (110.10) (440.29) (745.94) (1,044.43) (5,712.38) 0.00 (1,584.6) pt
Net income — 0 (41) (17) (44) (34) (69) (68) (37) (45) (52) n/m
Per share, $
Per share, $ Revenue — — 0.03 0.38 39.92 13.29 5.18 2.63 2.93 0.16 0.00 +29.0%
Earnings — — (1.14) (0.47) (192.15) (14.65) (22.81) (19.57) (22.10) (9.64) (5.61) +35.7%
Cash flow — — (0.32) 1.34 (164.25) (25.85) (24.58) (22.94) (17.86) (9.82) (3.25) +62.8%
Capex — — 0.00 0.00 (3.33) (0.75) (0.47) (0.12) 0.81 0.00 0.00 n/m
Free cash flow — — (0.32) 1.34 (167.57) (26.60) (25.06) (23.06) (17.04) (9.82) (3.25) +62.8%
Book value — — (1.28) (1.71) (438.77) 89.18 48.75 48.83 (134.48) 27.33 8.79 n/m
Shares, m — — 36 36 0 2 3 3 1 5 10 (24.8%)
Valuation, ×
Valuation, × P/E — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
P/S — — 9.62 9.62 9.62 11.32 6.07 9.06 3.20 5.47 10.81 8.0
P/B — — 0.00 0.00 0.00 1.69 0.64 0.49 0.00 0.25 0.47 0.4
EV/Sales — — 0.54 0.54 0.54 6.43 1.19 (1.10) 13.30 (2.50) 2.71 2.4
EV/FCF — — (0.13) (0.13) (0.13) (3.21) (0.25) 0.13 (4.80) 0.33 (0.32) (1.0)
Cash, $m
Cash, $m Operating cash flow — — (12) 48 (38) (60) (74) (80) (21) (48) (53) +22.4%
Capex — — 0 0 (1) (2) (1) 0 1 — 1 n/m
Free cash flow — — (12) 48 (39) (62) (76) (80) (20) (48) (53) +22.4%
Balance, $m
Balance, $m Working capital — — 16 61 138 209 139 164 (5) 129 135 +34.6%
Net debt — — 44 (3) (162) (230) (155) (175) (5) (135) (136) n/m
Shareholders’ equity — — (46) (61) (101) 208 147 170 (161) 133 142 n/m
Returns, %
Returns, % ROA — — (395.29) (31.54) (34.80) (16.39) (32.73) (37.42) (46.52) (62.04) (38.34) +333.3 pt
ROIC — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 (622.37) 0.0 pt
ROE — — 76.17 31.34 54.47 (63.87) (38.76) (43.04) 989.95 225.87 (41.34) +149.7 pt
People
People Employees — — — — 33 67 80 43 10 15 — (14.6%)
Revenue/emp, $m — — 0.00 0.00 0.28 0.46 0.20 0.21 0.35 0.05 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Mar 2025 · fundamentals updated 26 Oct 2026

ImageneBio, Inc. vs peers in Biotechnology (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
PLRX Pliant Therapeutics, Inc. $50.5M — (loss-making) — (loss-making) −95.03% (below 0%: shrinking) n/m +68.61% (above 0%: growing) 0.00% 0.00% Compare
HOWL Werewolf Therapeutics, Inc. $49.6M — (loss-making) — (loss-making) +256.11% (above 0%: growing) n/m +146.46% (above 0%: growing) 100.00% 34.09% Compare
APLM Apollomics Inc. $49.5M — (loss-making) — — 0.00% +76.08% (above 0%: growing) — — Compare
TIL Instil Bio, Inc. $47.4M — (loss-making) — — n/m +68.62% (above 0%: growing) 0.00% 0.00% Compare
IMA ImageneBio, Inc. $47.3M — (loss-making) — (loss-making) −60.08% (below 0%: shrinking) n/m +23.76% (above 0%: growing) 100.00% 0.00%
HYFT MindWalk Holdings Corp. $47.1M — (loss-making) — (loss-making) +19.37% (above 0%: growing) n/m +9.79% (above 0%: growing) 58.58% (159.86%) Compare
CNTB Connect Biopharma Holdings Limited Sponsored ADR $46.1M — (loss-making) — (loss-making) +296.56% (above 0%: growing) n/m −23.48% (below 0%: shrinking) 100.00% (635.98%) Compare
MREO Mereo BioPharma Group plc - Sponsored ADR $44.8M — (loss-making) — (loss-making) — n/m +21.02% (above 0%: growing) 0.00% 0.00% Compare
IBIO iBio, Inc. $44.4M — (loss-making) — (loss-making) +100.00% (above 0%: growing) n/m −35.33% (below 0%: shrinking) 100.00% 0.00% Compare
Median of peers $47.3M — — +100.00% — +44.82% 58.58% 0.00%

All 621 Biotechnology stocks →

Pay and ownership Proxy statement filed 30 April 2026

Ownership

Directors and executive officers, together 2.22%
Entities affiliated with OrbiMed 9.99%
Entities affiliated with BVF 9.99%
Trails Edge Capital Partners LP 9.99%
Funicular Funds, LP 9.56%
Engene Inc. 8.61%
Omega Fund VI, L.P. 7.96%
Entities affiliated with Blue Owl Capital 7.30%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

ImageneBio, Inc. (IMA) Latest News

13 Apr

Impact 4 · · GlobeNewswire

1 Apr

Impact 4 · · Simply Wall St.

31 Dec

15 Nov

2 Jan

24 Dec

13 Nov

Impact 4 · · Simply Wall St.

8 Aug

12 Jul

Impact 4 · · Zacks

28 May

Impact 4 · · GlobeNewswire
Impact 4 · · GlobeNewswire
stockrow.com/IMA · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com