Business Description
Annovis Bio, Inc. is a clinical-stage biopharmaceutical company focused on pioneering treatments for neurodegenerative disorders. The firm's flagship drug, Buntanetap, an oral medication, has successfully advanced through Phase 2a clinical trials for Alzheimer's and Parkinson's diseases. This compound is also currently being evaluated in clinical studies for Alzheimer's disease in individuals with Down Syndrome, as well as for various other chronic neurodegenerative conditions. Beyond Buntanetap, Annovis Bio is developing ANVS405 to offer protection against traumatic brain injury and stroke. Additionally, ANVS301 is progressing through Phase I clinical trials, aiming to enhance cognitive capabilities in the later stages of Alzheimer's disease and broader dementia. The company was founded in 2008 and operates out of Berwyn, Pennsylvania.
Business History
Price Overview
Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -1.40
Total Equity: $16.85M
Shares: 20,552,000
Total Debt: $0.00
Cash: $19.53M
EBITDA: -$28.85M
Total Debt: $0.00
Cash: $19.53M
Revenue: $0.00
Shares: 20,552,000
Revenue: $0.00
Revenue: $0.00
Revenue: $0.00
Total Equity: $16.85M
Tax Rate: 0.0%
Equity: $16.85M
Total Debt: $0.00
Cash: $19.53M
Current Liabilities: $3.64M
Long-Term Debt: $0.00
Total Debt: $0.00
Total Equity: $16.85M
Shares: 20,552,000
Shares: 20,552,000
CapEx: $0.00
Shares: 20,552,000
Stock Price: $1.93
Net Income: -$28.85M
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
Last updated: Jul 5, 2026 4:11am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 |
| Cost of Revenue | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $0 | $0 | $0 | $0 | $0 |
| Operating Expenses | $14.5M | $25.5M | $45.0M | $26.7M | $29.7M |
| Operating Income | -$14.5M | -$25.5M | -$45.0M | -$26.7M | -$29.7M |
| Net Income | -$14.5M | -$25.3M | -$56.2M | -$24.6M | -$28.9M |
| EBITDA | -$14.5M | -$25.3M | -$56.2M | -$22.7M | -$28.9M |
| EPS | $-1.90 | $-3.10 | $-6.23 | $-2,018.50 | $-1.40 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jul 5, 2026 4:11am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $45.7M | $28.4M | $5.8M | $10.6M | $19.5M |
| Total Current Assets | $46.0M | $36.0M | $10.2M | $13.9M | $21.1M |
| Total Assets | $46.0M | $36.0M | $10.2M | $13.9M | $21.1M |
| Current Liabilities | $1.5M | $7.7M | $4.3M | $3.9M | $3.6M |
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.5M | $7.7M | $18.0M | $4.6M | $4.2M |
| Total Equity | $44.5M | $28.3M | -$7.8M | $9.3M | $16.9M |
| Retained Earnings | -$28.7M | -$54.1M | -$110.3M | -$134.8M | -$163.7M |
Cash Flow (Annual)
Last updated: Jul 5, 2026 4:11am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$9.1M | -$17.3M | -$40.0M | -$21.9B | -$25.6B |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | -$9.1M | -$17.3M | -$40.0M | -$21.9B | -$25.6B |
| Acquisitions (net) | $0 | $0 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $37.6M | -$17.3M | -$22.6M | $4.8B | $9.0B |
Analyst Estimates (Annual)
Last updated: Jul 5, 2026 4:11am (just now)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$16.7M $16.7M – $16.7M
|
$50.5M $50.5M – $50.5M
|
$297.4M $297.4M – $297.4M
|
$619.0M $619.0M – $619.0M
|
| EBITDA | $0 | $0 | $0 | $0 |
| Net Income |
-$32.0M -$32.0M – -$32.0M
|
-$38.7M -$41.1M – -$36.4M
|
$7.2M $7.2M – $7.2M
|
$81.9M $81.9M – $81.9M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jul 5, 2026 4:11am (just now)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | — | — | — | — |
| Gross Profit Growth | — | — | — | — |
| Operating Income Growth | -75.5% | -76.5% | +40.7% | -11.2% |
| Net Income Growth | -74.8% | -121.9% | +56.2% | -17.3% |
| EBITDA Growth | -74.7% | -121.9% | +59.5% | -26.9% |
Insider Trading (Recent)
All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-05-20 | Hoffman Michael B | P-Purchase | 54,933.00 | $1.90 | $104,367 |
| 2026-05-20 | Hoffman Michael B | P-Purchase | 18,849.00 | $1.80 | $33,928 |
| 2026-05-20 | Hoffman Michael B | P-Purchase | 2,562.00 | $1.75 | $4,484 |
| 2026-04-02 | Hoffman Michael B | P-Purchase | 713,800.00 | $2.10 | $1.5M |
| 2025-12-08 | Hoffman Michael B | P-Purchase | 15,000.00 | $4.24 | $63,600 |
| 2025-12-08 | Hoffman Michael B | P-Purchase | 30,000.00 | $4.34 | $130,194 |
| 2025-11-24 | Hoffman Michael B | P-Purchase | 28,096.00 | $4.15 | $116,598 |
| 2025-11-24 | Hoffman Michael B | P-Purchase | 415.00 | $4.14 | $1,718 |
| 2025-11-24 | Hoffman Michael B | P-Purchase | 9,200.00 | $3.85 | $35,420 |
| 2025-11-24 | Hoffman Michael B | P-Purchase | 1,489.00 | $4.13 | $6,150 |
| 2025-11-24 | Hoffman Michael B | P-Purchase | 28,096.00 | $4.15 | $116,598 |
| 2025-11-24 | Hoffman Michael B | P-Purchase | 415.00 | $4.14 | $1,718 |
| 2025-11-24 | Hoffman Michael B | P-Purchase | 9,200.00 | $3.85 | $35,420 |
| 2025-11-24 | Hoffman Michael B | P-Purchase | 1,489.00 | $4.13 | $6,150 |
| 2025-11-21 | Hoffman Michael B | P-Purchase | 10,000.00 | $3.50 | $35,000 |
| 2025-11-21 | Hoffman Michael B | P-Purchase | 10,000.00 | $3.49 | $34,900 |
| 2025-11-14 | Hoffman Michael B | P-Purchase | 15,000.00 | $2.11 | $31,650 |
| 2025-10-28 | Maccecchini Maria-Luisa | P-Purchase | 97,561.00 | $2.05 | $200,000 |
| 2025-10-28 | Hoffman Michael B | P-Purchase | 975,610.00 | $2.05 | $2.0M |
| 2025-09-10 | Bruck Claudine | M-Exempt | 7,142.00 | $0.14 | $1,000 |
Narrative Economics
market-narrative step).