A company still losing money with growing sales, with elevated risk. Institutions are adding.
Going well
Sales up 78% last year
No debt reported
Watch out for
About 22 months of cash left at its current burn
Losing money, losses are large next to sales
Share count growing 6.4% a year
Money moves
No insider buying or selling in the last 30 days
Institutions added 79% to their holdings in the quarter ending June 2026 (37 bought, 21 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$0.71-1.4% that day
Company value
$46M
Share price times all shares
Price vs sales
114.1x
No profit over the last year, so this compares value with sales instead
Cash vs value
124%
A big cushion: cash is a large part of what the company is worth
From IBIO's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26 (worked out from yearly totals)
Not reported
Sep '23Tap a barJun '26
Over 5 years, sales shrank about 25% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of IBIO. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$0M
Profit in 5 years$0M
Price these guesses point to$0.01-99% vs $0.71 todayAbout -61% a year, before dividends
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.
The checklist Warren Buffett-style investors use. Annual numbers for 2025.
1/6Weak
MissReturn on equity 15%+Earns a lot on the money owners have in the business.-52.2%
PassDebt under half of equityNot relying on borrowed money.No debt reported
MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.Losses many times its sales
MissProfitable every yearSteady profits, not one good year.0 of 10 years
MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$15.3M
MissShare count not growingNot diluting owners. Falling means buybacks.+20.4% in 3 years
Revenue
$400K
+77.8% vs prior year
5-year growth
-24.6%/yr
revenue, per year
Total debt
None
0.00x equity
Current ratio
9.04x
short-term assets / bills due
From annual reports filed with the SEC. Not in this company's SEC data, so not scored: gross margin 40%+. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026
Reported Aug 28
EPS
-$0.07
vs -$0.31
Free cash flow
-$6.2M
Share count
+227.2%
vs a year ago
Some values are worked out from year-to-date totals in the annual report.
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trend
No trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
This week
0
Normal week
1.7
vs normal
0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+78.8%
Institutions added 78.8% to their holdings. 37 bought, 21 sold. 5 quarters of net buying in a row.
Shares held by institutions34.7M
Sep '24Jun '26
Safety check
From SEC filings
Share count growthYearly rate, last 3 years
+172.3%
Cash runwayAt last year's cash burn
29 months
Debt to equityLatest balance sheet: debt compared with what owners have
No debt reported
Shares outstandingLatest reported
64M
Why elevated risk
Losing money, losses are large next to sales
Share count growing 172.3% a year (dilution)
Revenue down 75% from the year before
Earnings reports
Last 12
Next reportAround Nov 11 (est.)Estimated from the same quarter last year
Results filedAug 28
Results filedMay 12
Results filedFeb 10
Results filedNov 12, 2025
Results filedSep 5, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days