Event-Driven Stocks

Immunocore Holdings plc

IMCRNasdaq

Healthcare · Biological Products, (No Diagnostic Substances) · X0 · SEC filings ↗ · Compare ⊕

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Signs2 good4 warningdetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21
Revenue$400.0M$310.2M$249.4M$174.4M$4.1M
Operating income−$45.4M−$70.5M−$59.6M−$51.7M−$174.6M
Net income−$35.5M−$51.1M−$55.3M−$52.5M−$180.0M
Total assets$1.07B$1.01B$597.0M$526.8M
Total liabilities$686.2M$648.8M$228.2M$187.9M
Equity$381.0M$360.7M$368.8M$338.9M$233.7M
EPS (diluted)$-0.71$-1.02$-1.13$-1.15$-4.24
Shares out.50.1M49.8M49.7M48.1M42.5M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
−11.3%
Net margin
−8.9%
Return on equity
−9.3%
Return on assets
−3.3%
Return on capital (ROCE)
−5.5%
Liabilities / assets
64.3%
Debt / equity
1.80×
Book value / share
$7.61
Revenue growth (YoY)
29.0%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
2.37grey zone
Accruals / assets
2.3%clean
Piotroski F-Score
4/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
50
/ 100
Profitability 0Growth 100Catalyst 33Earnings quality 67Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

4 warning2 good
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Negative operating cash flow
  • Altman Z″ in the grey zone
  • Revenue is growing year-over-year
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Clinical trials

ClinicalTrials.gov · ongoing · next readout first

Interventional studies led by this company. “Readout” is the trial's primary-completion date — an estimate the sponsor reports, not a guarantee.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Insider transactions

SEC Form 4 · most recent
5 acquisitions0 disposalsnet +70,452 shares · last 5
InsiderDateTypeSharesPrice
Jallal BahijaOfficer — CHIEF EXECUTIVE OFFICERFeb 17, 2026Option exercise23,817$0.00
Goll JohnOfficer — SVP, FINANCE &amp; CAOFeb 17, 2026Option exercise1,351$0.00
St Leger Tina AmberOfficer — CHIEF HR OFFICERFeb 17, 2026Option exercise2,119$0.00
Berman David MOfficer — HEAD OF R&amp;DFeb 17, 2026Option exercise11,824$0.00
Berman David MOfficer — HEAD OF R&amp;DDec 4, 2025Option exercise31,341$17.46

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20269.0M35.4+0.0%
Apr 30, 20269.0M20.8-8.3%
Apr 15, 20269.8M22.6-3.6%
Mar 31, 202610.1M26.1+0.1%
Mar 13, 202610.1M28.4-15.4%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.