TransCode Therapeutics Inc.

RNAZ Healthcare Biotechnology

EPS
−39.8%
Free cash flow
−28.8%

Quarter to June 2026, against a year earlier

1.51 0.00 0.00%
Market cap
$25.6M
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 25.57
Revenue ttm —
Net income ttm (42.83)
Free cash flow ttm (22.61)
Net debt Q (8.38)
Valuation
P/E 0.00
Forward P/E —
Price / sales 0.00
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.00
Financial health
Current ratio Q 1.97 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q (32,053.20)
Growth
Revenue growth Q —
Operating income growth Q −60.85% (below 0%: shrinking)
EPS, this year +96.54% (at or above 15%: strong)
EPS, next year A +80.37% (at or above 15%: strong)
Revenue, next year A —
EPS, past 5 yrs —
EPS, next 5 yrs A +95.46% (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

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 3 6 18 8
Receivables — — 1 0
Inventory — — — —
Other — — 2 —
4 7 22 11
2023 2024 2025 Q'26
Payables 3 3 3 5
ST’ Debt — — — —
Other — — — —
3 3 3 5

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 47.20%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (21.28) (7.17) — — —
’25 (70.31) (5.13) (5.82) (16.38) (52.59)
’24 (600.90) (684.10) (147.91) (280.33) (1.32k)
’23 (244.06k) (121.66k) (44.76k) (6.89k) (95.78k)
’22 (0.27) (266.25k) (244.06k) (288.43k) (998.42k)
’21 (0.97) 0.51 (0.20) (170.10k) (0.81)
’20 0.00 (0.03) (0.30) (0.06) (0.51)
Fiscal quarters ending in the months shown.

Revenue $m

Year
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (5) (5) — — —
’25 (3) (4) (4) (8) (20)
’24 (4) (2) (4) (3) (13)
’23 (5) (4) (4) (6) (18)
’22 (4) (3) (4) (4) (16)
’21 (1) 0 (3) (2) (5)
’20 0 0 0 0 0
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (5) (5) — — —
’25 (3) (4) (4) (8) (20)
’24 (4) (2) (4) (3) (13)
’23 (5) (4) (4) (6) (18)
’22 (4) (3) (4) (4) (16)
’21 (1) 0 (3) (2) (6)
’20 0 0 0 0 0
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance

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 1 — 0.0%
Gross margin, % — — — — — 0.00 0.00 — — — 0.00 0.0 pt
EBT — — — (1) (2) (7) (18) (19) (17) (34) (42) +96.0%
EBT margin, % — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0 pt
Net income — 0 — (1) (2) (7) (18) (19) (17) (35) (43) n/m
Per share, $
Per share, $ Revenue — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 n/m
Earnings — — — (0.94) (0.51) (0.81) (998,419.10) (95,783.52) (1,320.45) (52.59) (50.65) +95.6%
Cash flow — — — (0.79) (0.11) (0.63) 0.00 (90,372.50) (1,058.41) (28.30) (23.62) +81.6%
Capex — — — 0.00 0.00 (0.03) 0.00 (178.00) (1.73) (0.01) 0.00 n/m
Free cash flow — — — (0.79) (0.11) (0.65) 0.00 (90,550.50) (1,060.14) (28.31) (23.62) +81.6%
Book value — — — (1.70) (0.74) 2.42 0.00 8,204.00 (160.21) 14.99 (28.93) n/m
Shares, m — — — 1 5 8 0 0 0 1 1 +1.1%
Valuation, ×
Valuation, × P/E — — — — — — — — — — 0 —
P/S — — — — — — — — — — 0 —
P/B — — — — — — — — — — 0 —
EV/Sales — — — — — — — — — — 0 —
EV/FCF — — — — — — — — — — 0 —
Cash, $m
Cash, $m Operating cash flow — — — (1) 0 (5) (16) (18) (13) (20) (23) +83.7%
Capex — — — — — 0 0 0 0 0 0 (59.6%)
Free cash flow — — — (1) 0 (6) (16) (18) (13) (20) (23) +83.7%
Balance, $m
Balance, $m Working capital — — — 0 0 20 3 1 4 18 5 +125.2%
Net debt — — — 1 1 (21) (5) (3) (6) (18) (8) n/m
Shareholders’ equity — — — (1) (3) 20 3 2 (2) 10 (28) n/m
Returns, %
Returns, % ROA — — — (560.41) (368.51) (57.04) (115.08) (290.74) (269.34) (42.75) (58.12) +517.7 pt
ROIC — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0 pt
ROE — — — 27.03 104.04 (80.53) (148.57) (759.85) 8,883.62 (872.24) 429.61 (899.3) pt
People
People Employees — — — — 6 9 19 10 7 12 — +14.9%
Revenue/emp, $m — — — — 0.00 0.00 0.00 0.00 0.00 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fundamentals updated 26 Oct 2026

TransCode Therapeutics 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
MGX Metagenomi Therapeutics, Inc. $27.6M — (loss-making) — (loss-making) −103.02% (below 0%: shrinking) n/m +7.98% (above 0%: growing) 100.00% 11,195.72% Compare
PLRZ Polyrizon Ltd. $27.5M — — — — −744.51% (below 0%: shrinking) — — Compare
ACET Adicet Bio, Inc. $27.3M — (loss-making) — (loss-making) +727.73% (above 0%: growing) n/m +24.94% (above 0%: growing) 0.00% 0.00% Compare
BYSI BeyondSpring Inc. $26.0M — (loss-making) — (loss-making) +87.78% (above 0%: growing) n/m +35.78% (above 0%: growing) 100.00% 0.00% Compare
ABVC ABVC BioPharma, Inc. $25.9M — (loss-making) — (loss-making) +66,233.33% (above 0%: growing) n/m +72.66% (above 0%: growing) 100.00% 0.00% Compare
RNAZ TransCode Therapeutics Inc. $25.6M — (loss-making) — — n/m −28.79% (below 0%: shrinking) 0.00% 0.00%
AARD Aardvark Therapeutics, Inc. $24.3M — (loss-making) — — n/m −77.14% (below 0%: shrinking) — 0.00% Compare
CVM Cel-Sci Corporation $24.1M — (loss-making) — (loss-making) −62.66% (below 0%: shrinking) n/m −2.33% (below 0%: shrinking) 0.00% 0.00% Compare
CELU Celularity, Inc. $23.5M — (loss-making) — (loss-making) −5.30% (below 0%: shrinking) n/m −10.91% (below 0%: shrinking) 56.79% (78.00%) Compare
Median of peers $26.0M — — +41.24% — +2.82% 78.39% 0.00%

All 621 Biotechnology stocks →

Pay and ownership Proxy statement filed 2 June 2026

Ownership

Directors and executive officers, together less than 1%
Entities Associated with YA II PN, Ltd. 9.99%
Entities associated with CK Life Sciences Int’l., (Holdings) Inc. 9.90%
Entities associated with YA II PN, LTD 9.90%
Entities Associated with CK Life Sciences Int’l., (Holdings) Inc. 8.76%
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

TransCode Therapeutics Inc. (RNAZ) Latest News

8 Jun

Impact 4 · · Zacks Small Cap Research

14 Oct

Impact 4 · · PR NewswireMT NewswiresGuruFocus.comBioPharma DivePharmaceutical TechnologyMT NewswiresClinical Trials ArenaBenzinga

2 May

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