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GlycoMimetics Inc (GLYC)
NASDAQ:GLYC
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GlycoMimetics (GLYC) AI Stock Analysis

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GLYC

GlycoMimetics

(NASDAQ:GLYC)

Rating:40Underperform
Price Target:
GlycoMimetics is facing major financial hurdles with a lack of revenue and ongoing losses, placing substantial risk on its operations. The recent negative corporate events add to the uncertainty and challenge investor confidence. Despite some short-term technical momentum, the overall outlook is weak due to the absence of profitability and unattractive valuation metrics.

GlycoMimetics (GLYC) vs. SPDR S&P 500 ETF (SPY)

GlycoMimetics Business Overview & Revenue Model

Company DescriptionGlycoMimetics, Inc. is a clinical-stage biotechnology company focused on the discovery and development of novel glycomimetic drugs to address unmet medical needs resulting from diseases that involve abnormal carbohydrate interactions. Operating primarily in the biopharmaceutical sector, GlycoMimetics develops its proprietary drug candidates targeting cancer and inflammatory diseases. Its lead product candidates include uproleselan, an E-selectin antagonist for the treatment of acute myeloid leukemia (AML), and other drugs in earlier stages of development.
How the Company Makes MoneyGlycoMimetics generates revenue primarily through research and development collaborations, milestone payments, and licensing agreements with larger pharmaceutical companies. These partnerships provide funding and resources for the development of its drug candidates. The company may also receive royalties from the commercial sales of any successfully developed products. As GlycoMimetics is a clinical-stage company, it does not yet have products on the market and thus does not generate revenue from direct product sales. Instead, its financial performance depends heavily on its ability to secure and maintain strategic partnerships to advance its drug pipeline toward commercialization.

GlycoMimetics Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
BreakdownTTMDec 2024Dec 2022Dec 2021Dec 2020Dec 2019
Income Statement
Total Revenue153.30M105.76M794.00K7.34M20.95M0.00
Gross Profit148.47M101.87M-4.00K-42.00K11.79M-43.86M
EBITDA43.00M16.16M-52.15M-87.60M-57.37M-57.28M
Net Income42.87M28.54M-8.24M-87.89M-55.54M-52.89M
Balance Sheet
Total Assets129.79M125.41M28.44M55.66M94.85M98.55M
Cash, Cash Equivalents and Short-Term Investments15.04M11.81M21.67M46.85M79.35M76.86M
Total Debt1.58M1.60M38.00K2.38M1.64M1.80M
Total Liabilities25.49M27.00M50.13M14.57M18.78M30.22M
Stockholders Equity68.12M63.32M-21.69M41.09M76.07M68.34M
Cash Flow
Free Cash Flow6.73M-5.96M-33.10M-84.59M-55.31M-43.68M
Operating Cash Flow9.86M-3.64M-33.10M-83.75M-55.05M-43.61M
Investing Cash Flow-26.51M-19.88M55.43M48.19M9.66M27.39M
Financing Cash Flow16.51M2.10M-45.01M49.55M60.38M327.00K

GlycoMimetics Risk Analysis

GlycoMimetics disclosed 59 risk factors in its most recent earnings report. GlycoMimetics reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

GlycoMimetics Peers Comparison

Overall Rating
UnderperformOutperform
Sector (52)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
52
Neutral
kr5.49B9.89-63.86%2.02%27.11%26.73%
48
Neutral
$8.62M-11.56%-5.81%39.02%
44
Neutral
$31.18M-197.11%
40
Underperform
$10.13M-182.66%-100.00%-0.58%
39
Underperform
$14.32M-26.83%86.44%
38
Underperform
$11.17M-93.23%66.72%
28
Underperform
$15.98M-383.73%99.43%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GLYC
GlycoMimetics
15.06
-5.24
-25.81%
XTLB
XTL Biopharmaceuticals Sponsored ADR
1.40
-1.13
-44.66%
AKTX
Akari Therapeutics
1.03
-2.65
-72.01%
BIVI
BioVie
6.00
-30.00
-83.33%
CAPS
Capstone Therapeutics
1.66
-2.84
-63.11%
ALLR
Allarity Therapeutics
1.04
-3.80
-78.51%

GlycoMimetics Corporate Events

Executive/Board ChangesBusiness Operations and Strategy
GlycoMimetics Faces Leadership Changes Amid Board Resignations
Negative
Feb 25, 2025

On February 19, 2025, GlycoMimetics received a termination notice from Apollomics, ending their Collaboration and License Agreement effective January 2, 2020, which granted Apollomics rights to develop and commercialize uproleselan and GMI-1687 in Mainland China, Hong Kong, Macau, and Taiwan. This termination, effective 90 days post-notice, relieves GlycoMimetics of any material obligations under the agreement. Additionally, on February 21, 2025, several directors, including the CEO and CFO, resigned from GlycoMimetics’ Board, with the CEO and CFO entering into separation and consulting agreements. These changes indicate a significant shift in the company’s leadership structure.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Apr 25, 2025