Immutep (IMMP) AI Stock Analysis

• Market Cap: $239.74M
• Dividend Yield: N/A
• Average Volume (3M): 81.93K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.23
• Revenue Growth: N/A
• EPS Growth: -17.16%
• Country: US
• Employees: 41
• Sector: Healthcare
• Sector Strength: 45
• Industry: Biotechnology
• EPS (TTM): -0.19
• Shares Outstanding: 146,786,480
• 10 Day Avg. Volume: 77,998
• 30 Day Avg. Volume: 81,929
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.65
• Enterprise Value/Revenue: 31.79
• Enterprise Value/Gross Profit: -3.73
• Enterprise Value/Ebitda: -3.18
• 1Y Price Target: $12.00
• Price Target Upside: 597.67% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 51 Neutral
• Price Target: $1.50 ▼(-12.79% Downside)

Immutep's overall stock score reflects the challenges and potential of a biotech firm in its developmental stage. Strong financial stability from a robust balance sheet is offset by negative profitability and cash flow. Technical analysis provides some optimism with balanced momentum signals, but valuation remains a concern due to ongoing losses. This score highlights the high-risk, high-reward nature of investing in early-stage biotech stocks.

Positive Factors

Strong Equity Position

A strong equity position indicates financial stability, providing a solid foundation for future growth and investment in R&D, crucial for biotech firms.

Low Debt Levels

Low leverage reduces financial risk, allowing Immutep to focus resources on developing its pipeline without the burden of high interest obligations.

High Cash Reserves

Substantial cash reserves ensure liquidity, enabling sustained R&D efforts and strategic investments, vital for long-term success in biotech.

Negative Factors

Negative Cash Flow

Persistent negative cash flow from operations highlights financial strain, requiring continuous external funding to support ongoing business activities.

Negative Profitability

Ongoing operational losses reflect challenges in achieving profitability, a common hurdle for biotech firms, impacting long-term financial health.

Inconsistent Revenue Growth

Inconsistent revenue growth can hinder strategic planning and investment, affecting the company's ability to scale and compete effectively in the market.

Immutep Business Overview & Revenue Model

Company Description

Immutep (IMMP) is a biotechnology company focused on developing novel immunotherapy treatments for cancer and autoimmune diseases. The company is a leader in the development of LAG-3-related immunotherapeutics and is actively involved in research and development to create innovative therapies that enhance the immune system's ability to fight diseases. Immutep's pipeline includes several promising product candidates at various stages of clinical development, targeting various cancer types and autoimmune conditions.

How the Company Makes Money

Immutep makes money primarily through licensing agreements, collaborations, and milestone payments related to its proprietary technology and product candidates. The company partners with pharmaceutical and biotechnology companies to advance its product pipeline, receiving upfront payments, research funding, and potential future royalties from successful commercialization. Additionally, Immutep may generate revenue through government grants and research funding aimed at supporting the development of new treatments. These strategic partnerships and funding opportunities are crucial for Immutep's financial sustainability and growth in the competitive biotech industry.

Immutep Financial Statement Overview

Summary

Immutep faces profitability challenges with ongoing operational losses and negative margins, typical of biotech firms in development. Despite this, its strong equity position and low leverage provide financial stability, supported by significant cash reserves.

Income Statement

Immutep's income statement reveals significant challenges with profitability. The company has consistently reported negative net income and EBIT, indicating ongoing operational losses. Revenue growth has been inconsistent, with a recent increase from 2023 to 2024, but overall revenues remain low. Gross profit margins are negative, reflecting high costs relative to revenue. The biotechnology industry often faces long development cycles and high R&D costs, contributing to these financial pressures.

Balance Sheet

The balance sheet shows a strong equity position with a high equity ratio, indicating financial stability. The company maintains a low debt-to-equity ratio, suggesting prudent financial management and low leverage. However, the negative net income impacts return on equity, which remains negative. The high cash reserves provide a buffer for ongoing operations and potential investments.

Cash Flow

Immutep's cash flow statement highlights substantial negative free cash flow, reflecting cash burn typical for biotech companies in development phases. Operating cash flow is negative, indicating cash outflows from core operations. However, the company has successfully raised financing, as seen in positive financing cash flow, supporting its liquidity position. The free cash flow to net income ratio is unfavorable due to persistent losses.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	3.84M	3.51M	170.37K	3.97M	7.49M
Gross Profit	-37.70M	1.44M	-1.89M	1.90M	-14.99M
EBITDA	-44.54M	-39.57M	-31.87M	-17.77M	-13.46M
Net Income	-42.72M	-39.90M	-32.21M	-29.90M	-13.47M
Balance Sheet
Total Assets	201.58M	147.45M	102.17M	82.03M	46.60M
Cash, Cash Equivalents and Short-Term Investments	181.88M	123.42M	80.00M	60.13M	26.32M
Total Debt	1.59M	1.23M	1.73M	2.82M	9.05M
Total Liabilities	12.06M	10.98M	8.09M	8.76M	13.30M
Stockholders Equity	189.52M	136.47M	94.08M	73.27M	33.30M
Cash Flow
Free Cash Flow	-35.75M	-35.93M	-30.25M	-17.66M	-10.86M
Operating Cash Flow	-34.82M	-35.88M	-30.23M	-17.64M	-10.84M
Investing Cash Flow	-21.02M	-31.00K	-22.91K	-15.60K	-19.35K
Financing Cash Flow	95.18M	76.04M	50.33M	52.68M	20.48M

Immutep Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.72
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IMMP, the sentiment is Positive. The current price of 1.72 is above the 20-day moving average (MA) of 1.66, above the 50-day MA of 1.70, and below the 200-day MA of 1.81, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 53.49 is Neutral, neither overbought nor oversold. The STOCH value of 59.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IMMP.

Immutep Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CMPX	60 Neutral	641.68M	-8.32	―	―	-100.00%	-25.75%
IMMP	51 Neutral	$239.74M	―	-35.86%	―	―	-17.16%
ITOS	49 Neutral	448.68M	-2.09	-22.77%	―	-100.00%	-61.86%
AVIR	47 Neutral	232.52M	-1.82	―	―	―	23.24%
ATXS	44 Neutral	411.97M	-3.60	―	―	―	11.81%
YMAB	44 Neutral	391.22M	-17.40	―	―	-1.34%	11.93%
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%