Avidity Biosciences
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Avidity Biosciences's past years’ income statements indicate that its last revenue has increased compared to the previous period by 4% to $9,560,000. Profit margin reached -2220%. Total operating expenses were $245,158,000.

Profit Margin

Avidity Biosciences, Inc. (NASDAQ:RNA): Profit margin
2018 379K -11.93M -3148.81%
2019 2.31M -32.12M -1385.12%
2020 6.78M -43.98M -648.03%
2021 9.32M -117.37M -1258.52%
2022 9.22M -169.07M -1833.01%
2023 9.56M -212.22M -2219.87%

RNA Income Statement (2018 – 2023)

2023 2022 2021 2020 2019 2018
Revenue
Revenue
9.56M9.22M9.32M6.78M2.31M379K
Cost of revenue
2.10M1.38M639K37.60M14.53M0
Gross profit
7.45M7.83M8.68M-30.81M-12.22M379K
Operating exp.
Research and development
190.96M150.40M101.18M37.60M14.53M8.43M
Selling and marketing
000000
Total operating expenses
245.15M188.13M127.37M51.06M19.65M10.87M
Operating income
-235.59M-178.91M-118.05M-44.27M-17.33M-10.49M
Other income (expenses), net
23.37M4.91M42K-78K-7.40M-718K
Income before tax
-212.22M-173.99M-118.00M-44.35M-24.73M-11.21M
Income tax expense
0-4.91M-639K-373K7.38M718K
Net income
-212.22M-169.07M-117.37M-43.98M-32.12M-11.93M
Earnings per share
Basic EPS
-2.91-3.24-2.83-2.03-0.86-0.58
Diluted EPS
-2.91-3.24-2.83-2.03-0.86-0.58
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