Akero Therapeutics (AKRO) | Financial Analysis & Statements
Akero Therapeutics Inc. Mid-cap Healthcare
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Jun 2025Income Metrics
Revenue
0
Operating Income
-80.9M
Net Income
-70.5M
EPS (Diluted)
$-0.86
Balance Sheet Metrics
Total Assets
1.0B
Total Liabilities
47.9M
Shareholders Equity
957.6M
Debt to Equity
0.05
Cash Flow Metrics
Operating Cash Flow
-58.9M
Free Cash Flow
-48.2M
Revenue & Profitability Trend
Akero Therapeutics Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| Cost of Goods Sold | - | - | - | - | - |
| Gross Profit | - | - | - | - | - |
| Gross Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Operating Expenses | |||||
| Research & Development | 247.5M | 141.8M | 85.3M | 81.8M | 64.9M |
| Selling, General & Administrative | 37.9M | 31.1M | 29.9M | 19.1M | 15.2M |
| Other Operating Expenses | - | - | - | - | - |
| Total Operating Expenses | 285.4M | 172.9M | 115.2M | 100.9M | 80.2M |
| Operating Income | -285.4M | -172.9M | -115.2M | -100.9M | -80.2M |
| Operating Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Non-Operating Items | |||||
| Interest Income | 38.0M | 24.2M | 3.9M | 109.0K | - |
| Interest Expense | 4.7M | 3.1M | 739.0K | 0 | - |
| Other Non-Operating Income | - | - | 3.9M | 109.0K | 947.0K |
| Pre-tax Income | -252.1M | -151.8M | -112.0M | -100.8M | -79.2M |
| Income Tax | - | - | - | - | - |
| Effective Tax Rate % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net Income | -252.1M | -151.8M | -112.0M | -100.8M | -79.2M |
| Net Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Key Metrics | |||||
| EBITDA | -247.4M | -148.6M | -111.3M | -100.7M | -80.1M |
| EPS (Basic) | $-3.75 | $-2.89 | $-2.87 | $-2.89 | $-2.52 |
| EPS (Diluted) | $-3.75 | $-2.89 | $-2.87 | $-2.89 | $-2.52 |
| Basic Shares Outstanding | 67136772 | 52568159 | 38984772 | 34827385 | 31463248 |
| Diluted Shares Outstanding | 67136772 | 52568159 | 38984772 | 34827385 | 31463248 |
Income Statement Trend
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Akero Therapeutics Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 340.2M | 234.2M | 249.8M | 150.5M | 187.2M |
| Short-term Investments | 402.8M | 315.8M | 101.7M | 37.8M | 81.1M |
| Accounts Receivable | - | - | - | - | - |
| Inventory | - | - | - | - | - |
| Other Current Assets | 27.3M | 10.0M | 3.7M | 5.3M | 3.0M |
| Total Current Assets | 770.4M | 560.0M | 355.2M | 193.6M | 271.3M |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 755.0K | 1.0M | 1.3M | 1.5M | 1.8M |
| Goodwill | - | - | - | - | - |
| Intangible Assets | - | - | - | - | - |
| Long-term Investments | - | - | - | - | - |
| Other Non-Current Assets | - | - | 108.0K | 417.0K | 201.0K |
| Total Non-Current Assets | 55.5M | 20.3M | 1.4M | 2.0M | 2.0M |
| Total Assets | 825.9M | 580.3M | 356.6M | 195.5M | 273.3M |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 9.0M | 7.0M | 8.0M | 6.7M | 3.4M |
| Short-term Debt | 631.0K | 522.0K | 325.0K | 205.0K | 294.0K |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | - | - | - | - | - |
| Total Current Liabilities | 39.8M | 19.1M | 19.1M | 25.1M | 13.1M |
| Non-Current Liabilities | |||||
| Long-term Debt | 35.8M | 25.8M | 10.6M | 1.3M | 1.5M |
| Deferred Tax Liabilities | - | - | - | - | - |
| Other Non-Current Liabilities | 194.0K | 54.0K | 305.0K | - | - |
| Total Non-Current Liabilities | 36.0M | 25.8M | 10.9M | 1.3M | 1.5M |
| Total Liabilities | 75.8M | 45.0M | 30.0M | 26.4M | 14.6M |
| Equity | |||||
| Common Stock | 7.0K | 6.0K | 5.0K | 4.0K | 4.0K |
| Retained Earnings | -826.2M | -574.1M | -422.3M | -310.3M | -209.5M |
| Treasury Stock | - | - | - | - | - |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 750.1M | 535.3M | 326.6M | 169.1M | 258.7M |
| Key Metrics | |||||
| Total Debt | 36.5M | 26.3M | 10.9M | 1.5M | 1.8M |
| Working Capital | 730.6M | 540.8M | 336.1M | 168.5M | 258.2M |
Balance Sheet Composition
Akero Therapeutics Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -252.1M | -151.8M | -112.0M | -100.8M | -79.2M |
| Depreciation & Amortization | 18.0K | 29.0K | 43.0K | 41.0K | 17.0K |
| Stock-Based Compensation | 29.7M | 21.5M | 23.2M | 10.1M | 6.0M |
| Working Capital Changes | 1.7M | -876.0K | 762.0K | 3.1M | 2.3M |
| Operating Cash Flow | -218.7M | -130.1M | -87.6M | -87.4M | -70.6M |
| Investing Activities | |||||
| Capital Expenditures | - | - | - | 0 | -148.0K |
| Acquisitions | - | - | - | - | - |
| Investment Purchases | -516.0M | -433.1M | -101.4M | -43.6M | -115.0M |
| Investment Sales | 407.3M | 209.5M | 37.6M | 85.8M | 105.4M |
| Investing Cash Flow | -108.7M | -223.6M | -63.8M | 42.3M | -9.8M |
| Financing Activities | |||||
| Share Repurchases | - | - | - | - | - |
| Dividends Paid | - | - | - | - | - |
| Debt Issuance | 10.0M | 15.0M | 10.0M | 0 | - |
| Debt Repayment | - | - | - | - | - |
| Financing Cash Flow | 432.2M | 349.7M | 250.3M | -521.0K | 202.6M |
| Free Cash Flow | -231.1M | -145.4M | -92.5M | -79.7M | -71.0M |
| Net Change in Cash | 104.8M | -4.1M | 98.9M | -45.6M | 122.2M |
Cash Flow Trend
Akero Therapeutics Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
-14.57
Forward P/E
-13.62
Price to Book
4.57
PEG Ratio
2.55
Profitability Ratios
Profit Margin
0.00%
Operating Margin
0.00%
Return on Equity
-34.53%
Return on Assets
-22.63%
Financial Health
Current Ratio
15.84
Debt to Equity
0.06
Beta
-0.40
Per Share Data
EPS (TTM)
$-3.75
Book Value per Share
$11.95
Revenue per Share
$0.00
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| AKRO | 4.5B | -14.57 | 4.57 | -34.53% | 0.00% | 0.06 |
| Vertex | 109.4B | 28.40 | 5.92 | 22.54% | 32.94% | 10.91 |
| Regeneron | 81.0B | 18.00 | 2.45 | 14.86% | 31.41% | 9.51 |
| Arrowhead | 10.4B | 46.50 | 17.98 | 75.50% | 18.54% | 124.07 |
| Bio-Techne | 9.1B | 117.16 | 4.55 | 3.80% | 6.41% | 20.07 |
| Corcept Therapeutics | 4.8B | 56.37 | 7.38 | 15.02% | 13.09% | 0.94 |
Financial data is updated regularly. All figures are in the company's reporting currency.






