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GlobeImmune

GBIM
22
Biotechnology · Healthcare
Price
$0.00
+0.00 (+0.00%)
Market Cap
$575
Winston Score
22
Winston is worried
Weak fundamentals across most pillars.

Share count rising — dilution

+5914.9% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 96K (2011) → 5.8M (2015)

GlobeImmune is a small biotechnology company focused on developing treatments for serious diseases, including certain cancers and viral infections. It uses a platform called Yeast-Braf, which trains the immune system to recognize and fight disease. The company targets patients with conditions like hepatitis B and pancreatic cancer, where existing treatments have limited effectiveness.

GlobeImmune earns revenue primarily through research collaborations, grants, and licensing agreements rather than selling approved products directly to patients. It operates mainly in the United States and, given its near-zero market cap, is a very early-stage company with no significant commercial product on the market yet. The biggest risk the company faces is the high failure rate of clinical-stage drug development — most experimental treatments never reach approval, and a company this small has limited resources to absorb setbacks or fund multiple trials simultaneously.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-20.6% YoY

YoY Growth Rate

Revenue declining

EPS Growth

+44.4% YoY

YoY Growth Rate

Strong earnings growth

R&D Spend

$4M/ year

Declining (-38% vs prior year)

69.4% of revenue

3.9x the sector average (18%)

R&D spend declining — could signal cost-cutting or efficiency

Insider Activity

24.0%ownership

Flat

Insiders holding steady — not selling despite ability to

Cash Runway

~22 months

$9M cash & investments

Quarterly Free Cash Flow

→ Burn rate stable

Adequate runway but may need to raise capital within 2 years

Revenue declining

GlobeImmune's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

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Quality

Gross Margin
45.4%
Healthy — 45.4% gross margin
Operating Margin
-91.5%
Losing money on operations — -91.5%
ROCE
-40.1%
Weak — -40.1% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

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Growth

Sales YoY
+8.3%
Steady sales growth (8.3% YoY)
EPS YoY
N/A
Data not available
EPS Consistency
2/8 quarters
Earnings rarely grow — volatile business

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Cash Flow

Cash Conversion
N/A
Data not available
FCF Margin
-95.2%
Burning cash (-95.2%)

Free cash flow is negative. They are burning cash, not generating it.

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Stability

Debt / Equity
N/A
Data not available
Interest Cover
N/A
Data not available

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Valuation

P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
P/E vs Forward
N/A
not available
Data not available

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Dividends

Not applicable for this business.
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