You should not place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. enGene anticipates that subsequent events and developments will cause enGene's assessments to change. While enGene may elect to update these forward-looking statements at some point in the future, enGene specifically disclaims any obligation to do so, unless required by applicable law. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved.
enGene Holdings Inc.
Condensed Consolidated Statements of Operations Information
(unaudited)
(Amounts in thousands of USD, except share and per share data)
Year Ended October 31,
--------------------------
2024 2023
--------------- ---------
Operating expenses:
Research and development $ 38,315 $ 16,458
General and administrative 23,982 9,602
----------- --------
Total operating expenses 62,297 26,060
----------- --------
Loss from operations 62,297 26,060
Total other (income) expense, net (7,136) 73,840
----------- --------
Net loss before provision for income tax 55,161 99,900
Provision for (benefit from) income
taxes (19) 17
----------- --------
Net loss $ 55,142 $ 99,917
Deemed dividend attributable to
redeemable convertible preferred
shareholders -- 4,822
----------- --------
Net loss attributable to common
shareholders, basic and diluted 55,142 104,739
Weighted-average common shares
outstanding, basic and diluted 37,782,346 692,609
----------- --------
Net loss per share of common shares, basic
and diluted $ 1.46 $ 151.22
=========== ========
enGene Holdings Inc.
Condensed Consolidated Balance Sheet Information
(unaudited)
(Amounts in thousands of USD)
October 31, October 31,
2024 2023
-------------- -------------
Cash and cash equivalents $ 173,004 $ 81,521
Total assets 311,173 86,959
Total liabilities 38,561 14,473
Total shareholders' equity 272,612 72,486
View source version on businesswire.com: https://www.businesswire.com/news/home/20241219627723/en/
CONTACT: For media contact: media@engene.com
For investor contact: investors@engene.com
(END) Dow Jones Newswires
December 19, 2024 16:05 ET (21:05 GMT)