Passage Net Income From Continuing Ops from 2010 to 2026

PASG Stock  USD 12.09  0.00  0.00%   
Passage Bio's Net Loss is decreasing over the last several years with slightly volatile swings. Net Loss is predicted to flatten to about -61.2 M. During the period from 2010 to 2026 Passage Bio Net Loss regressed destribution of quarterly values had mean deviationof  42,833,171 and mean square error of 1854.1 T. View All Fundamentals
 
Net Loss  
First Reported
2018-12-31
Previous Quarter
-9.4 M
Current Value
-7.7 M
Quarterly Volatility
13.7 M
 
Covid
 
Interest Hikes
Check Passage Bio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Passage Bio's main balance sheet or income statement drivers, such as Net Interest Income of 2.7 M, Interest Income of 2.7 M or Depreciation And Amortization of 2.6 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 0.53. Passage financial statements analysis is a perfect complement when working with Passage Bio Valuation or Volatility modules.
  
Build AI portfolio with Passage Stock
Check out the analysis of Passage Bio Correlation against competitors.
For more detail on how to invest in Passage Stock please use our How to Invest in Passage Bio guide.
The Net Income From Continuing Ops trend for Passage Bio offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Passage Bio is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Passage Bio's Net Income From Continuing Ops Growth Pattern

Below is the plot of the Net Income From Continuing Ops of Passage Bio over the last few years. It is Passage Bio's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Passage Bio's overall financial position and show how it may be relating to other accounts over time.
Net Income From Continuing Ops10 Years Trend
Slightly volatile
   Net Income From Continuing Ops   
       Timeline  

Passage Net Income From Continuing Ops Regression Statistics

Arithmetic Mean(52,464,595)
Coefficient Of Variation(102.77)
Mean Deviation42,833,171
Median(12,770,000)
Standard Deviation53,919,758
Sample Variance2907.3T
Range173M
R-Value(0.63)
Mean Square Error1854.1T
R-Squared0.40
Significance0.01
Slope(6,771,075)
Total Sum of Squares46517.4T

Passage Net Income From Continuing Ops History

2026-61.2 M
2025-58.3 M
2024-64.8 M
2023-112.4 M
2022-136.7 M
2021-185.8 M
2020-112.2 M

About Passage Bio Financial Statements

Passage Bio stakeholders use historical fundamental indicators, such as Passage Bio's Net Income From Continuing Ops, to determine how well the company is positioned to perform in the future. Although Passage Bio investors may analyze each financial statement separately, they are all interrelated. For example, changes in Passage Bio's assets and liabilities are reflected in the revenues and expenses on Passage Bio's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Passage Bio. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Loss-58.3 M-61.2 M

Currently Active Assets on Macroaxis

When determining whether Passage Bio is a strong investment it is important to analyze Passage Bio's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Passage Bio's future performance. For an informed investment choice regarding Passage Stock, refer to the following important reports:
Check out the analysis of Passage Bio Correlation against competitors.
For more detail on how to invest in Passage Stock please use our How to Invest in Passage Bio guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Can Biotechnology industry sustain growth momentum? Does Passage have expansion opportunities? Factors like these will boost the valuation of Passage Bio. Anticipated expansion of Passage directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Passage Bio demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Earnings Share
(14.62)
Return On Assets
(0.32)
Return On Equity
(0.87)
Investors evaluate Passage Bio using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Passage Bio's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Passage Bio's market price to deviate significantly from intrinsic value.
It's important to distinguish between Passage Bio's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Passage Bio should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Passage Bio's market price signifies the transaction level at which participants voluntarily complete trades.