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Year on year Clene Inc. had net income fall 65.47% from a loss of 29.92m to a larger loss of 49.50m despite a 38.27% increase in revenues from 473.00k to 654.00k. An increase in the cost of goods sold as a percentage of sales from 5.50% to 18.50% was a component in the falling net income despite rising revenues.
Gross margin | 81.00% |
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Net profit margin | -6,890.50% |
Operating margin | -8,166.29% |
Return on assets | -56.31% |
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Return on equity | -289.66% |
Return on investment | -81.90% |
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Cash flow in USDView more
In 2023, Clene Inc. increased its cash reserves by 57.04%, or 10.49m. Cash Flow from Financing totalled 42.16m or 6,446.94% of revenues. In addition the company used 30.17m for operations while cash used for investing totalled 1.50m.
Cash flow per share | -4.48 |
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Price/Cash flow per share | -- |
Book value per share | -0.0783 |
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Tangible book value per share | -0.0783 |
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Balance sheet in USDView more
Current ratio | 0.9943 |
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Quick ratio | 0.993 |
Total debt/total equity | -- |
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Total debt/total capital | 1.02 |
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