IGMS — Stock Film
STOCK FILMSCENE 1/11IGMS · $1.27
Stock Expert AI presents
IGMS
IGM Biosciences, Inc
~4 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
IGM Biosciences, Inc. What it actually does.

Develop Immunoglobulin M (IgM) antibodies for therapeutic applications. Focus on treating cancer, infectious diseases, and autoimmune disorders. Now — the numbers.

on the stock market since 2019
149 employees
$77.5M market value
Revenue last year:
$2.7M
The loss that same year:
$195.8M
For every $1 it earns, the company spends $74.

The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.

THE SALES TREND
The sales picture, year by year.

Red columns mark years that ended in a loss.

$0
2020
2021
2022
2023
$2.7M
2024
In the vault right now:
$183.8M
DEBT: $45.2M
At this pace, that money lasts less than a year.

Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.

Every quarter, analysts set a profit bar.
How many of the last 8 did the company clear?
4 / 8
EXPECTATIONS MET OR BEATEN
4
Nov 2023
Jul 2025
4 TIMES IN THE LAST 8 QUARTERS
A mixed scorecard.
THE PRICE TAG
MARKET VALUE / ANNUAL SALES
28.9×

This company is not turning a profit, so the market is pricing its sales instead: 28.9× for every dollar of annual revenue.

Analysts' average target sits 1,222% above today's price.

THE FIVE-YEAR JOURNEY
A long and steep decline.

An investor who bought at the very peak is down 99% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.

1
THE BRIGHT SIDE · 1/1
The product is selling

Sales run at $2.7M a year. A small number, but proof the product has real buyers.

1
THE RISKS · 1/2
Small sales, big loss

A loss of $195.8M against $2.7M in annual sales.

2
THE RISKS · 2/2
The cash has a countdown

At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.

FINALE · THE GRADE
grade pending

We don’t have a report card for this stock yet — the data isn’t mature enough to grade. No grade is information too: it means the evidence is thin.

One-line summary: few numbers, an untested story. Keep watching.

What would you like to do next?
Open the stock page →

Not covered, because the filings we hold do not carry it: the revenue breakdown.

This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film