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IO Biotech Valuation Multiples

Discover revenue and EBITDA valuation multiples for IO Biotech and similar public comparables like Pharming, Galapagos, and Vivoryon Therapeutics.

IO Biotech Overview

About IO Biotech

IO Biotech Inc is a clinical-stage biopharmaceutical company developing novel, immune-modulating cancer vaccines based on T-win technology platform. The product candidates are designed to induce the immune system to simultaneously target and disrupt multiple pathways that regulate tumor-induced immunosuppression.


Founded

2021

HQ

United States of America
Employees

68

Website

iobiotech.com

Financials

LTM Revenue n/a

LTM EBITDA -$93.8M

EV

$1.0M

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IO Biotech Financials

IO Biotech has a last 12-month revenue of n/a and a last 12-month EBITDA of -$93.8M.

In the most recent fiscal year, IO Biotech achieved revenue of n/a and an EBITDA of -$94.3M.

IO Biotech expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

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IO Biotech P&L

FY 2023 FY 2024 FY 2025 LTM NTM
Revenue n/a n/a XXX XXX XXX
Gross Profit n/a n/a XXX XXX XXX
Gross Margin NaN% NaN% XXX XXX XXX
EBITDA -$84.5M -$94.3M XXX XXX XXX
EBITDA Margin -Infinity% -Infinity% XXX XXX XXX
Net Profit -$71.5M -$86.1M XXX XXX XXX
Net Margin -Infinity% -Infinity% XXX XXX XXX
Net Debt n/a n/a XXX XXX XXX

Financial data powered by Morningstar, Inc.

IO Biotech Stock Performance

As of April 15, 2025, IO Biotech's stock price is $1.

IO Biotech has current market cap of $59.2M, and EV of $1.0M.

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IO Biotech Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$1.0M $59.2M XXX XXX XXX XXX $-1.41

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IO Biotech Valuation Multiples

As of April 15, 2025, IO Biotech has market cap of $59.2M and EV of $1.0M.

IO Biotech's trades at n/a LTM EV/Revenue multiple, and -0.0x LTM EBITDA.

Analysts estimate IO Biotech's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

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IO Biotech Financial Valuation Multiples

FY 2024 FY 2025E FY 2026E FY 2027E
EV $1.0M XXX XXX XXX
EV/Revenue n/a XXX XXX XXX
EV/EBITDA -0.0x XXX XXX XXX
P/E -0.6x XXX XXX XXX
P/E/Growth n/a XXX XXX XXX
EV/FCF -0.0x XXX XXX XXX

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IO Biotech Valuation Multiples

IO Biotech's NTM/LTM revenue growth is Infinity%

IO Biotech's revenue per employee for the last fiscal year averaged n/a, while opex per employee averaged $1.4M for the same period.

Over next 12 months, IO Biotech's ratio of sales and marketing spend to revenue is estimated to be  XXX , while its R&D spend to revenue to be  XXX .

Analysts estimate IO Biotech's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

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IO Biotech Operational Valuation Multiples

FY 2024 NTM FY 2025E FY 2026E FY 2027E
Revenue Growth n/a XXX XXX XXX XXX
EBITDA Margin n/a XXX XXX XXX XXX
EBITDA Growth 12% XXX XXX XXX XXX
Rule of 40 (SaaS-only) n/a XXX XXX XXX XXX
Revenue per Employee n/a XXX XXX XXX XXX
Opex per Employee $1.4M XXX XXX XXX XXX
S&M Expenses to Revenue n/a XXX XXX XXX XXX
G&A Expenses to Revenue n/a XXX XXX XXX XXX
R&D Expenses to Revenue n/a XXX XXX XXX XXX
Opex to Revenue n/a XXX XXX XXX XXX

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IO Biotech Public Comps

See public comps and valuation multiples for Drug Development & Therapeutics and Vaccines & Immunotherapies comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
Julphar XXX XXX XXX XXX XXX XXX
Benevolent AI XXX XXX XXX XXX XXX XXX
Galapagos XXX XXX XXX XXX XXX XXX
Pharming XXX XXX XXX XXX XXX XXX
Vivoryon Therapeutics XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX

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IO Biotech M&A and Investment Activity

IO Biotech acquired  XXX companies to date.

Last acquisition by IO Biotech was  XXXXXXXX, XXXXX XXXXX XXXXXX . IO Biotech acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

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Latest Acquisitions by IO Biotech

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

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About IO Biotech

When was IO Biotech founded? IO Biotech was founded in 2021.
Where is IO Biotech headquartered? IO Biotech is headquartered in United States of America.
How many employees does IO Biotech have? As of today, IO Biotech has 68 employees.
Who is the CEO of IO Biotech? IO Biotech's CEO is Dr. Mai-Britt Zocca, PhD.
Is IO Biotech publicy listed? Yes, IO Biotech is a public company listed on NAS.
What is the stock symbol of IO Biotech? IO Biotech trades under IOBT ticker.
When did IO Biotech go public? IO Biotech went public in 2021.
Who are competitors of IO Biotech? Similar companies to IO Biotech include e.g. Julphar, Benevolent AI, Galapagos, Pharming.
What is the current market cap of IO Biotech? IO Biotech's current market cap is $59.2M
What is the current EBITDA of IO Biotech? IO Biotech's last 12-month EBITDA is -$93.8M.
What is the current EV/EBITDA multiple of IO Biotech? Current EBITDA multiple of IO Biotech is -0.0x.
Is IO Biotech profitable? Yes, IO Biotech is EBITDA-positive (as of the last 12 months).

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