Passage Bio (PASG)
Winding down neurodegenerative gene therapies while pursuing a merger with Remix Therapeutics.
$5.00
vs last close+0.05 (+1.01%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross profit | 0 | 0 | 0 | 0 | 0 | −1 | 0 | 0 | 0 | 0 | 0 | 0 |
| 29 | 18 | 18 | 17 | 21 | 14 | 16 | 10 | 9 | 14 | 9 | 8 | |
| Research & development | 15 | 12 | 12 | 10 | 9 | 10 | 8 | 6 | 4 | 5 | 4 | 3 |
| 8 | 6 | 7 | 7 | 7 | 4 | 6 | 5 | 4 | 5 | 5 | 7 | |
| General & administrative | 8 | 6 | 7 | 7 | 7 | 0 | 6 | 5 | 4 | 5 | 5 | 7 |
| Other expenses | 5 | 0 | 0 | 0 | 5 | 0 | 3 | 0 | 0 | 4 | 0 | −2 |
| Operating income | −29 | −18 | −18 | −17 | −21 | −14 | −16 | −10 | −9 | −14 | −9 | −8 |
| 2 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 0 | |
| Interest income | 0 | 2 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other non-operating income | −5 | −3 | −1 | 0 | −5 | −1 | −3 | −1 | −1 | −4 | −1 | 0 |
| Income before tax | −27 | −17 | −17 | −16 | −19 | −13 | −15 | −9 | −8 | −13 | −8 | −8 |
| Net income from continuing operations | −27 | −17 | −17 | −16 | −19 | −13 | −15 | −9 | −8 | −13 | −8 | −8 |
| Net income | −27 | −17 | −17 | −16 | −19 | −13 | −15 | −9 | −8 | −13 | −8 | −8 |
| EPS, basic | −$9.90 | −$6.10 | −$5.94 | −$5.18 | −$6.26 | −$4.10 | −$4.96 | −$2.96 | −$2.45 | −$4.08 | −$2.36 | −$2.44 |
| EPS, diluted | −$9.90 | −$6.10 | −$5.94 | −$5.18 | −$6.26 | −$4.10 | −$4.96 | −$2.96 | −$2.45 | −$4.08 | −$2.36 | −$2.44 |
| Weighted average shares, basic | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Weighted average shares, diluted | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| EBITDA | −22 | −14 | −16 | −16 | −15 | −12 | −14 | −9 | −7 | −10 | −7 | −8 |
| Depreciation & amortization | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBIT | −23 | −15 | −17 | −17 | −16 | −13 | −14 | −9 | −8 | −10 | −8 | −8 |
