NASDAQ : RLYB

Rallybio Corporation — Financial statements

Healthcare · Biotechnology · United States

Last price 15.41 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 81.83M

Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports

Financial statements

Rallybio Corporation (RLYB) reported revenue of 434.00K USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.

Income statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Revenue434.00K858.00K636.00K
Cost of Revenue6.27M18.40M39.51M53.54M
Gross Profit-5.83M-17.54M-38.87M-53.54M
Selling, General & Admin16.09M13.82M18.32M25.39M27.20M18.74M
Research & Development40.69M26.91M
Operating Expenses16.09M13.82M18.32M25.39M67.88M45.65M
Operating Income-21.92M-31.36M-57.20M-78.93M-67.88M-45.65M
Interest Expense-10.00K
Interest & Investment Income2.45M2.19M4.22M6.15M1.96M54.00K
Earnings From Equity Investments-874.00K-2.24M-2.04M-1.07M-1.50M
Other Non Operating Income (Expenses)421.00K744.00K262.00K342.00K96.00K
EBT Excluding Unusual Items-19.47M-29.63M-54.48M-74.56M-66.65M-47.01M
Merger & Restructuring Charges47.70M-1.70M-3.30M
Gain (Loss) on Sale of Investments22.35M
Pretax Income28.21M-8.98M-57.77M-74.56M-66.65M-47.01M
Income Tax Expense1.40M
Net Income26.81M-8.98M-57.77M-74.56M-66.65M-47.01M
Net Income to Common26.81M-8.98M-57.77M-74.56M-66.65M-47.01M
Shares Outstanding (Basic)5.70M5.63M5.44M5.06M3.98M3.19M
Shares Outstanding (Diluted)5.76M5.63M5.44M5.06M3.98M3.19M
EPS (Basic)4.71-1.59-10.61-14.75-16.76-14.74
EPS (Diluted)4.65-1.59-10.61-14.75-16.76-14.74
Free Cash Flow30.99M-29.81M-49.28M-60.28M-57.34M-45.87M
Free Cash Flow Per Share5.38-5.30-9.05-11.92-14.41-14.38
Operating Margin-5,050.92%-3,655.48%-8,993.08%
Profit Margin6,177.42%-1,046.39%-9,084.12%
Free Cash Flow Margin7,139.63%-3,474.71%-7,748.74%
EBITDA-21.91M-31.27M-57.06M-78.78M-67.72M-45.54M
D&A For EBITDA8.00K92.00K131.00K150.00K167.00K109.00K
EBIT-21.92M-31.36M-57.20M-78.93M-67.88M-45.65M
Revenue as Reported434.00K858.00K636.00K

Balance sheet

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Cash & Equivalents90.69M31.37M13.90M24.49M56.96M175.33M
Short-Term Investments23.36M51.61M85.44M112.04M
Cash & Short-Term Investments90.69M54.74M65.51M109.93M168.99M175.33M
Prepaid Expenses1.35M628.00K638.00K739.00K1.55M1.84M
Other Current Assets2.72M5.89M1.69M4.12M8.95M3.70M
Total Current Assets94.77M61.25M67.84M114.79M179.50M180.87M
Property, Plant & Equipment198.00K267.00K592.00K909.00K511.00K
Long-Term Investments239.00K30.00K805.00K
Other Long-Term Assets810.00K810.00K
Total Assets95.58M62.26M68.11M115.62M180.44M182.19M
Accounts Payable7.00K126.00K278.00K976.00K1.11M603.00K
Accrued Expenses1.93M3.79M4.96M8.07M9.45M5.95M
Current Portion of Leases94.00K154.00K219.00K181.00K
Current Unearned Revenue212.00K848.00K
Total Current Liabilities3.28M4.22M6.24M9.26M10.74M6.55M
Long-Term Leases82.00K173.00K374.00K
Long-Term Unearned Revenue212.00K
Other Long-Term Liabilities32.00K
Total Liabilities3.28M4.30M6.45M9.44M11.12M6.58M
Common Stock4.00K4.00K4.00K4.00K4.00K3.00K
Additional Paid-In Capital361.63M359.93M354.60M341.41M330.21M269.63M
Retained Earnings-269.34M-302.00M-293.02M-235.25M-160.68M-94.03M
Comprehensive Income & Other18.00K68.00K15.00K-214.00K
Total Common Equity92.30M57.96M61.65M106.18M169.32M175.60M
Shareholders' Equity92.30M57.96M61.65M106.18M169.32M175.60M
Total Liabilities & Equity95.58M62.26M68.11M115.62M180.44M182.19M
Total Debt176.00K154.00K392.00K555.00K
Net Cash (Debt)90.69M54.56M65.36M109.54M168.44M175.33M
Net Cash Per Share15.749.6912.0121.6742.3554.97
Filing Date Shares Outstanding5.38M5.29M5.20M4.73M4.76M4.02M
Total Common Shares Outstanding5.33M5.28M5.19M4.73M4.73M4.02M
Working Capital91.49M57.03M61.60M105.53M168.75M174.32M
Book Value Per Share17.3110.9711.8822.4635.8043.72
Tangible Book Value92.30M57.96M61.65M106.18M169.32M175.60M
Tangible Book Value Per Share17.3110.9711.8822.4635.8043.72
Machinery267.00K342.00K342.00K331.00K305.00K
Construction In Progress8.00K
Leasehold Improvements147.00K338.00K338.00K338.00K315.00K

Cash flow statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Net Income26.81M-8.98M-57.77M-74.56M-66.65M-47.01M
Depreciation & Amortization8.00K92.00K131.00K150.00K167.00K109.00K
Loss (Gain) From Sale of Investments-153.00K-22.92M-1.61M-3.09M-435.00K
Loss (Gain) on Equity Investments874.00K2.24M2.04M1.07M1.50M
Stock-Based Compensation2.22M5.31M7.99M10.92M9.50M3.65M
Change in Accounts Payable-262.00K-152.00K-698.00K-99.00K487.00K-976.00K
Change in Unearned Revenue-424.00K-848.00K1.06M
Change in Other Net Operating Assets2.77M-3.19M-620.00K4.38M-1.42M-2.80M
Operating Cash Flow30.99M-29.81M-49.28M-60.27M-57.28M-45.53M
Capital Expenditures-12.00K-54.00K-333.00K
Investment in Securities27.32M47.27M33.49M27.67M-112.12M-2.00M
Investing Cash Flow27.32M47.27M33.49M27.66M-112.17M-2.33M
Issuance of Common Stock260.00K16.00K5.47M282.00K51.77M86.20M
Other Financing Activities-268.00K-139.00K-693.00K-3.23M
Financing Cash Flow260.00K16.00K5.20M143.00K51.08M82.97M
Net Cash Flow58.57M17.47M-10.59M-32.46M-118.38M35.10M
Free Cash Flow30.99M-29.81M-49.28M-60.28M-57.34M-45.87M
Free Cash Flow Margin7,139.63%-3,474.71%-7,748.74%
Free Cash Flow Per Share5.38-5.30-9.05-11.92-14.41-14.38
Levered Free Cash Flow-9.39M-20.34M-28.05M-34.15M-33.77M-28.91M
Unlevered Free Cash Flow-9.39M-20.34M-28.05M-34.15M-33.77M-28.91M
Change in Working Capital2.09M-4.19M-258.00K4.28M-936.00K-3.78M

Ratios

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Market Capitalization83.67M28.98M39.83M90.33M248.60M306.52M
Enterprise Value-7.03M-30.14M-35.08M-30.63M116.77M119.54M
Last Close Price15.545.497.6819.1252.5676.32
PS Ratio192.7833.7862.62
PB Ratio0.900.500.650.851.471.75
P/TBV Ratio0.910.500.650.851.471.75
Debt / Equity Ratio0.000.000.000.00
Net Debt / Equity Ratio-0.98-0.94-1.06-1.03-0.99-1.00
Net Debt / EBITDA Ratio4.141.751.151.392.493.85
Net Debt / FCF Ratio-2.931.831.331.822.943.82
Asset Turnover0.010.010.01
Quick Ratio27.6212.9610.4911.8715.7326.76
Current Ratio28.8714.5110.8712.3916.7127.61
Return on Equity (ROE)34.52%-15.01%-68.85%-54.13%-38.65%-30.18%
Return on Assets (ROA)-16.79%-30.07%-38.91%-33.33%-23.40%-17.61%
Return on Capital Employed (ROCE)-23.80%-54.00%-92.50%-74.20%-40.00%-26.00%
Earnings Yield29.94%-30.98%-145.06%-82.55%-26.81%-15.34%
FCF Yield37.04%-102.86%-123.74%-66.73%-23.06%-14.96%
Buyback Yield / Dilution-2.81%-3.42%-7.66%-27.11%-24.70%-46.76%