Estados financieros detallados de Cibus, Inc. (CBUS): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Cibus, Inc. registró ingresos de $3.6M en el último ejercicio fiscal, con un CAGR de 5 años del -31.3%.
Márgenes de los últimos 12 meses: margen bruto 45.7%, margen operativo -12.4%, margen neto -22.6%.
Al precio actual de $1.51, CBUS presenta beneficios negativos (P/E no significativo) y un ROE del -320.60%. La capitalización bursátil es de $115M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $399000 | $508000 | $236000 | $7.3M | $23.9M | $26.0M | $157000 | $1.8M | $4.3M | $3.6M |
| Coste de Ventas | $200000 | $551000 | $1.1M | $9.3M | $35.1M | $28.6M | $1.5M | $395000 | $6.9M | $5.9M |
| Beneficio Bruto | $199000 | -$43000 | -$845000 | -$2.0M | -$11.3M | -$2.6M | -$1.4M | $1.4M | -$2.6M | -$2.3M |
| I+D | $5.6M | $11.6M | $9.8M | $12.2M | $11.1M | $11.3M | $11.6M | $42.4M | $50.4M | $44.2M |
| Generales y Administrativos | $6.7M | $14.7M | $18.5M | $24.1M | $20.8M | $15.4M | $9.4M | $28.9M | $30.8M | $26.9M |
| Gastos Operativos | $12.3M | $25.7M | $27.3M | $37.7M | $32.6M | $26.8M | $21.0M | $320.3M | $74.4M | $65.2M |
| Beneficio Operativo | -$12.1M | -$25.8M | -$28.1M | -$39.7M | -$43.8M | -$29.3M | -$22.4M | -$318.9M | -$77.0M | -$67.5M |
| EBITDA | -$11.7M | -$25.2M | -$25.6M | -$36.5M | -$41.5M | -$25.4M | -$15.2M | -$314.6M | -$241.6M | -$90.8M |
| Gastos por Intereses | $5000 | $1000 | $1.3M | $1.5M | $1.4M | $1.4M | $87000 | $18.9M | $34.2M | $35.5M |
| Beneficio Antes de Impuestos | -$12.1M | -$26.0M | -$27.9M | -$39.6M | -$44.8M | -$29.2M | -$16.9M | -$337.6M | -$282.7M | -$132.2M |
| Impuestos | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -$4000 | $29000 | $29000 |
| Beneficio Neto | -$12.1M | -$26.0M | -$27.9M | -$39.6M | -$44.8M | -$29.2M | -$16.9M | -$267.6M | -$251.4M | -$127.1M |
| BPA | $-21.86 | $-46.86 | $-45.46 | $-60.37 | $-66.16 | $-38.96 | $-18.36 | $-25.95 | $-10.83 | $-2.78 |
| BPA Diluido | $-21.86 | $-46.86 | $-45.46 | $-60.37 | $-66.16 | $-38.96 | $-18.36 | $-25.95 | $-10.83 | $-2.78 |
| Acciones en Circulación (Diluidas) | $553000 | $554375 | $613668 | $656113 | $677648 | $749515 | $919950 | $10.3M | $23.2M | $45.8M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $615000 | $1.1M | $1.7M | $994000 |
| Beneficio Bruto | $615000 | $1.1M | $484000 | -$168000 |
| Beneficio Operativo | -$15.4M | -$13.5M | -$12.1M | -$12.9M |
| EBITDA | -$15.3M | -$21.2M | -$10.9M | -$11.5M |
| Beneficio Neto | -$23.5M | -$31.3M | -$21.2M | -$22.1M |
| BPA | $-0.44 | $-0.59 | $-0.33 | $-0.29 |
| BPA Diluido | $-0.44 | $-0.59 | $-0.33 | $-0.29 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $5.0M | $56.7M | $93.8M | $58.6M | $17.3M | $13.8M | $3.4M | $32.7M | $14.4M | $9.9M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | $11.7M | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $157000 | $167000 | $46000 | $1.1M | $4.9M | 0 | 0 | $530000 | $1.0M | $703000 |
| Inventario | 0 | 0 | 0 | $2.6M | $1.4M | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $5.5M | $57.5M | $95.5M | $63.5M | $39.6M | $15.2M | $4.1M | $35.2M | $16.9M | $12.1M |
| Inmovilizado Material | $11.0M | $14.4M | $21.9M | $23.2M | $22.9M | $21.7M | $18.1M | $37.5M | $44.7M | $27.9M |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $434.9M | $253.5M | $232.5M |
| Activos Intangibles | 0 | 0 | 0 | 0 | 0 | 0 | $158000 | $35.4M | $33.6M | $31.7M |
| Activos Totales | $16.6M | $72.2M | $118.8M | $88.1M | $63.3M | $37.2M | $22.4M | $544.4M | $350.1M | $305.0M |
| Cuentas por Pagar | $357000 | $1.0M | $818000 | $1.1M | $929000 | $1.3M | $340000 | $6.1M | $6.0M | $8.1M |
| Deuda a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $833000 | $436000 | $3.2M |
| Pasivos Corrientes | $2.9M | $4.3M | $7.0M | $7.2M | $6.9M | $4.9M | $1.7M | $21.3M | $19.9M | $16.9M |
| Deuda a Largo | 0 | 0 | 0 | 0 | $1.5M | 0 | 0 | $536000 | $226000 | $235.0M |
| Pasivos Totales | $3.5M | $14.7M | $25.4M | $25.6M | $26.5M | $23.1M | $15.2M | $206.1M | $252.2M | $283.2M |
| Reservas | -$28.6M | -$54.5M | -$82.4M | -$122.1M | -$166.9M | -$196.1M | -$212.2M | -$479.8M | -$731.2M | -$858.3M |
| Patrimonio Neto | $13.1M | $57.5M | $93.4M | $62.5M | $36.9M | $14.1M | $7.2M | $293.5M | $92.2M | $21.8M |
| Deuda Total | 0 | $10.1M | $18.5M | $18.6M | $19.8M | $17.9M | $13.9M | $24.6M | $36.3M | $268.0M |
| Deuda Neta | -$5.0M | -$46.5M | -$75.3M | -$40.0M | -$9.2M | $4.1M | $10.5M | -$8.1M | $21.9M | $258.0M |
| Capital Circulante | $2.6M | $53.2M | $88.5M | $56.3M | $32.6M | $10.3M | $2.5M | $13.9M | -$2.9M | -$4.8M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $23.9M | $9.9M | $30.3M | $20.4M |
| Activos Totales | $330.2M | $305.0M | $324.2M | $313.4M |
| Pasivos Totales | $278.2M | $283.2M | $288.7M | $298.6M |
| Patrimonio Neto | $50.4M | $21.8M | $35.5M | $14.8M |
| Deuda Total | $33.9M | $268.0M | $276.2M | $32.7M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$12.1M | -$26.0M | -$27.9M | -$39.6M | -$44.8M | -$29.2M | -$16.9M | -$267.6M | -$282.7M | -$127.1M |
| Amortizaciones | $345000 | $551000 | $1.1M | $1.6M | $1.9M | $2.3M | $1.5M | $4.7M | $6.9M | $5.9M |
| Compensación en Acciones | $948000 | $12.1M | $4.4M | $9.2M | $5.0M | $2.1M | $4.0M | $16.1M | $10.8M | $8.2M |
| Cambio en Capital Circulante | $1.6M | $552000 | $2.2M | -$3.1M | -$5.7M | $7.5M | -$2.9M | $961000 | $383000 | $2.3M |
| Flujo de Caja Operativo | -$9.2M | -$12.8M | -$20.3M | -$32.0M | -$43.7M | -$18.8M | -$19.4M | -$46.2M | -$58.0M | -$50.6M |
| Inversiones (CapEx) | -$10.4M | -$779000 | -$1.8M | -$3.0M | -$1.8M | -$497000 | -$1.5M | -$4.3M | -$808000 | -$578000 |
| Adquisiciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $59.4M | 0 | 0 |
| Recompra de Acciones | 0 | 0 | -$230000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$19.7M | -$13.6M | -$22.1M | -$34.9M | -$45.5M | -$19.3M | -$20.9M | -$50.5M | -$58.9M | -$51.2M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$11.7M | -$13.4M | -$11.5M | -$9.4M |
| Inversiones (CapEx) | -$108000 | -$86000 | -$115000 | $42000 |
| Flujo de Caja Libre | -$11.8M | -$13.5M | -$11.6M | -$9.4M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $1.9M | $1.8M | $1.6M | $1.5M |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +27.3% | -53.5% | +2991.5% | +226.9% | +9.0% | -99.4% | +1057.3% | +134.6% | -14.6% |
| Crecimiento Beneficio Neto (anual) | | -115.0% | -7.4% | -42.0% | -13.2% | +34.9% | +42.2% | -1484.4% | +6.1% | +49.4% |
| Crecimiento BPA (anual) | | -114.4% | +3.0% | -32.8% | -9.6% | +41.1% | +52.9% | -41.3% | +58.3% | +74.3% |
| Cambio en Acciones (anual) | | +0.2% | +10.7% | +6.9% | +3.3% | +10.6% | +22.7% | +1021.2% | +125.1% | +97.0% |
| Crecimiento FCF (anual) | | +31.0% | -62.9% | -58.0% | -30.2% | +57.5% | -8.2% | -142.0% | -16.5% | +13.1% |
| Margen Bruto | 49.9% | -8.5% | -358.1% | -27.2% | -47.3% | -9.9% | -877.1% | 78.3% | -60.9% | -62.8% |
| Margen Operativo | -3034.8% | -5076.6% | -11913.1% | -543.8% | -183.8% | -112.9% | -14248.4% | -17550.0% | -1805.8% | -1853.9% |
| Margen EBITDA | -2941.4% | -4954.3% | -10830.1% | -500.5% | -174.1% | -97.9% | -9687.9% | -17313.4% | -5669.5% | -2494.3% |
| Margen Neto | -3029.1% | -5114.2% | -11820.8% | -542.9% | -188.0% | -112.4% | -10758.6% | -14729.1% | -5898.4% | -3492.3% |
| Margen FCF | -4927.6% | -2670.1% | -9364.0% | -478.6% | -190.6% | -74.3% | -13301.9% | -2781.0% | -1380.8% | -1406.1% |
| Tasa Impositiva Efectiva | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | 0.0% | -0.0% | -0.0% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-35.55 | $-24.47 | $-36.01 | $-53.22 | $-67.08 | $-25.76 | $-22.70 | $-4.90 | $-2.53 | $-1.12 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $553000 | $554375 | $613668 | $656113 | $677648 | $749515 | $919950 | $10.3M | $23.2M | $45.8M |
Qué mirar en Biotech
La mayoría de biotechs pequeñas pierden dinero. Analizarlas con P/E no tiene sentido — mira caja y pipeline.
- Cash Runway — Meses de caja al ritmo de gasto actual. <18 meses = riesgo de dilución urgente
- Cash burn anual — Ritmo al que queman caja operativa. Comparar con posición de caja para proyectar runway
- Total Debt — Biotech sin ingresos + deuda = receta para bancarrota
- I+D / Capitalización — Cuánto invierten en pipeline vs lo que vale la empresa — indicador de intensidad investigadora
- Market cap / Cash — Si cotiza cerca de su caja, el mercado le da ~0 valor al pipeline — puede ser oportunidad o trampa
Rentabilidad
| Rentabilidad sobre capital | -320.60% |
| Rentabilidad sobre capital invertido | -17.82% |
| Rentabilidad sobre activos | -31.33% |
| Margen bruto | 45.73% |
| Margen operativo | -1240.90% |
| Margen neto | -2258.89% |
Salud financiera
| Deuda / Patrimonio | 2.21 |
| Ratio corriente | 1.62 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -25.73 | -25.02 | -11.39 | -5.81 | -3.19 | -2.73 | -0.40 | -0.76 | -0.26 | -0.63 |
| P/VC | 23.71 | 11.31 | 3.40 | 3.68 | 3.88 | 5.65 | 0.94 | 0.69 | 0.70 | 3.65 |
| P/V | 779.61 | 1279.54 | 1346.95 | 31.52 | 5.99 | 3.07 | 43.36 | 111.49 | 15.15 | 21.88 |
| Margen Bruto | 49.9% | -8.5% | -358.1% | -27.2% | -47.3% | -9.9% | -877.1% | 78.3% | -60.9% | -62.8% |
| Margen Operativo | -3034.8% | -5076.6% | -11913.1% | -543.8% | -183.8% | -112.9% | -14248.4% | -17550.0% | -1805.8% | -1853.9% |
| Margen Neto | -3029.1% | -5114.2% | -11820.8% | -542.9% | -188.0% | -112.4% | -10758.6% | -14729.1% | -5898.4% | -3492.3% |