Event-Driven Stocks

Spero Therapeutics, Inc.

SPRONasdaq

Healthcare · Pharmaceutical Preparations · DE · SEC filings ↗ · Compare ⊕

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Signs3 good2 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$12.6M$371,000$933,000$2.5M$3.1M$258,000
Operating income$6.3M−$73.4M$21.5M−$42.2M−$88.0M−$79.1M
Net income$8.6M−$68.6M$22.8M−$46.4M−$89.8M−$78.3M
Total assets$68.9M$110.5M$182.4M$124.8M$171.1M$153.5M
Total liabilities$9.9M$64.4M$75.5M$48.9M$82.8M$21.4M
Equity$59.0M$46.1M$106.9M$75.9M$88.3M$132.0M
EPS (diluted)$0.15$-1.27$0.43$-1.23$-2.91
Shares out.55.9M53.9M52.6M32.8M29.5M20.3M

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
50.2%
Net margin
68.1%
Return on equity
14.5%
Return on assets
12.4%
Return on capital (ROCE)
10.5%
Liabilities / assets
14.4%
Debt / equity
0.17×
Book value / share
$1.06
Revenue growth (YoY)
3292.5%
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)
-8.90distress
Accruals / assets
30.8%high accruals
Piotroski F-Score
6/9mixed

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
68
/ 100
Profitability 100Growth 100Catalyst 67Earnings quality 0Financial strength 75

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. What these scores mean →

Signs

1 severe2 warning3 good
  • Altman Z″ in the distress zone
  • Negative operating cash flow
  • High accruals — earnings-quality risk
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)

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

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.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20261.6M2.6+39.6%
Apr 30, 20261.2M3.1+59.9%
Apr 15, 2026737,7201.4+21.9%
Mar 31, 2026605,3111.9+12.6%
Mar 13, 2026537,4111.7-6.4%

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)

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