Company name:

Moderna Inc

  • IPO SHARE PRICE:
    $23.00
  • IPO DATE:
    December 07, 2018
  • TICKER:
    MRNA
  • MAIN STOCK EXCHANGE:
    NASDAQ Global Select
  • CURRENT HQ LOCATION:
    200 Technology Square Cambridge Massachusetts 02139
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Moderna Inc

We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com

Income Statement

Quarterly Annual
(USD in thousand)
Selected Quarter:
31-Dec
2020
Revenue
Gross receipts in the form of cash (great!) and promises to pay (Account Receivables - not so great as some of them will never be collected but reality of business!) from all its customers
100%
59.8% —

Grant revenue

5.2% —

Collaboration revenue
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Collaboration revenue
45,679
45,679
45,679
45,679
 13,301 10,030 13,338 10,553 3,187 28,442 12,216 29,503 74,618 118,012
Collaboration revenue from related party
$45,679
$45,679
$45,679
$45,679
 814 188 3,724 507 1,270 - - - - -
Grant revenue
$45,679
$45,679
$45,679
$45,679
 1,910 3,053 3,708 3,502 3,932 37,909 145,694 341,370 528,905 1,365,480
Total Revenue
$45,679
$45,679
$45,679
$45,679
 $16,025 $13,083 $17,046 $14,055 $8,389 $66,351 $157,910 $570,745 $803,395 $2,282,980
Selected Quarter:
31-Dec
2020
Operating expenses
Cost (labor, materials, depreciation, overhead, etc) for delivering service or manufacturing a product that business sells
133.0%
133.0% —

Research and development
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Research and development
45,679
45,679
45,679
45,679
 130,413 128,305 119,637 117,954 115,137 151,856 344,486 758,860 1,370,339 3,035,440
General and administrative
45,679
45,679
45,679
45,679
 27,253 28,487 28,173 25,626 24,114 36,622 48,541 - - -
Total operating expenses
45,679
45,679
45,679
45,679
 157,666 156,792 147,810 143,661 139,251 188,478 393,027 845,783 1,566,539 3,383,132
Selected Quarter:
31-Dec
2020
Operating Income
Income after excluding Operating Expenses from Total Revenue
48.2%
48.2% —

Operating Income

Key metric that shows earnings potential of the company's business model
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Operating income
$45,679
$45,679
$45,679
$45,679
 ($141,641) ($143,709) ($130,764) ($129,606) ($130,862) ($122,127) ($235,117) ($275,038) ($763,144) ($1,100,152)
Selected Quarter:
31-Dec
2020
Non-operating expenses
Cost usually unrelated to delivering service or manufacturing a product that business sells
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Other expense or income
-
45,679
-
-
 - (1,764) - - - - - - (6,084) -
Other expense net
45,679
-
45,679
-
 (1,931) (1,877) (1,881) - (1,154) (1,530) (3,226) - - -
Total non-operating income (expense)
45,679
45,679
45,679
45,679
 (1,931) (1,877) (1,881) - (1,154) (1,530) (3,226) - (6,084) -
Selected Quarter:
31-Dec
2020
Earnings before Interest and Taxes (EBIT)
Income after excluding Operating and Non-operating Expenses from Total Revenue
48.2%
48.2% —

EBIT

Another income metric but unlike Operating Income it is closer to the ultimate income metric - Net Income by removing expenses that are not related to earning Revenue as they are supposed to be accidental and transitory
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
EBIT
$45,679
$45,679
$45,679
$45,679
 ($143,572) ($145,586) ($132,645) ($129,606) ($132,016) ($123,657) ($238,343) ($275,038) ($769,228) ($1,100,152)
Selected Quarter:
31-Dec
2020
Interest Expense and Income, Taxes
Expenses driven mostly by company management's choices, nature of business (capital intensive vs not) about financing (debt vs equity) and legal structure
0.5%
0.7% —

Interest income

0.3% —

Income tax expense or benefit
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Interest income
45,679
45,679
45,679
45,679
 10,972 10,322 9,252 7,984 7,852 7,092 5,571 4,200 24,715 16,800
Income before income taxes
45,679
45,679
45,679
45,679
 (132,600) (135,264) (123,393) (123,459) (124,164) (116,565) (232,772) (271,012) (744,513) (1,084,048)
Income tax expense or benefit TEST - ODD
45,679
45,679
45,679
45,679
 (24) (324) (178) (169) 66 148 864 1,473 2,551 5,892
Selected Quarter:
31-Dec
2020
Net income (loss)
Ultimate measure of Income - Net result after excluding all expenses from Total Revenue
47.7%
47.7% —

Net income (loss)

It is a residue that is left from Total Revenue after paying all kind of expenses and belongs to all equity holders in the company. Some of these shareholders such Non-controlling interest or Preferred equity gets their share before Common shareholders
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net income (loss)
$45,679
$45,679
$45,679
$45,679
 ($132,576) ($134,940) ($123,215) ($123,116) ($124,230) ($116,713) ($233,636) - ($747,064) -
Net income (loss) attributable to common stock
45,679
45,679
45,679
45,679
 (132,657) (135,054) (123,194) (123,290) - - - (272,485) (747,064) (1,089,940)

Basic Shares Outstanding
Basic shares outstanding as of certain dates reported by Company on its annual and quarterly filings, these numbers are NOT used calculation of basic EPS. They help to see share issuance by company in perspective
Common
-
-
-
45,678,795
 329,003,270 330,182,202 333,250,115 368,642,548 371,223,865 394,586,852 395,710,105 399,769,582 399,769,582 399,769,582
Selected Quarter:
31-Dec
2020
EPS
Net Income / Shares Outstanding = EPS before dilution or Basic EPS; Net Income/ ( Shares Outstanding + potentially available shares from conversion of various option instruments)
Selected Quarter:
Last Twelve Months LTM
Last Quarter Annualized LQA
Net Income per basic share
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
 ($0.40) ($0.41) ($1.26) ($0.55) ($0.35) ($0.31) ($0.37) ($0.77) ($1.96) ($3.08)
Net Income per diluted share
$45,678,795.00
$45,678,795.00
$45,678,795.00
$45,678,795.00
 ($0.40) ($0.41) ($1.26) ($0.55) ($0.35) ($0.31) ($0.37) ($0.77) ($1.96) ($3.08)