Iovance Biotherapeutics Inc. (IOVA) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$9.56 -35.45% NASDAQ • Public Delayed / 60s Snapshot

Iovance Biotherapeutics Inc. (IOVA) carries a Roarable Rating of C- (Hold) with 59/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.

ROARABLE C- • HOLD / WATCH Cap $4.33B
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
RQD QUANT TACHOMETERHOLD / WATCH • C-
025507510059
JEV AI Jury Split (Battleground)
Cash
SEC
Whale
5-PILLAR SNOWFLAKE RADARRw D · Rk B
Cash (9)Whales (8)SEC (16)Macro (14)CEO (12)
Each axis scored 0–20
12M PRICE TARGET CONE+0.4% Base Target
$16 Bull$10 Base$7 Bear
🔴 SUNDAY NIGHT PREP • 7:00 PM ET
WHALE OPTIONS TUG-OF-WAR:38% Call Buyers ($1.7M)
62% PutsMax Pain: $9.00
VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How IOVA Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$0 (0% FCF Margin)
Revenue$263.5MGross Profit $90.3M (34.3%)Cost of Sales $173.2MOp Profit $0 (0%)OpEx (R&D/SG&A) $90.3MNet Profit$0 (0%)Tax/Other $0

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow
FY23
Rev $1.2M
FY24
Rev $164.1M
FY25
Rev $263.5M
Fiscal YearRevenueGross MarginOp MarginNet ProfitFree Cash FlowROIC %
FY 2025$263.5M34.3%-153.1%-$391.0M-$336.2M-45%
FY 2024$164.1M43.2%-240.9%-$372.2M-$364.0M-45%
FY 2023$1.2M44%-38735%-$444.0M-$361.9M-25.3%
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  • ✓Live walkthrough of IOVA's RQD Radar, SEC cash-conversion gap & downside levels
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RQD INSIDER CLUB UPGRADE$49/YEAR
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IOVA // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +152.38%▲ ASCENDING CHANNEL
2026-10-30O $9.13H $9.17L $8.27C $8.48VOL 31.14M
RES: $17.86SUP: $4.80SMA50: $11.37SMA200: $5.84
$16.25$12.59$8.93$5.27$1.61RES $17.86SUP $4.80$8.482026-04-302026-06-152026-07-312026-09-162026-10-30
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

IOVA Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
25.5%/yr Implied 5Y Growth

vs. +60.6% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on IOVA today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for IOVA. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for IOVA today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

IOVA Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

How profitable is Iovance Biotherapeutics Inc. (IOVA)?

In FY 2025 (10-K), IOVA converted $263.5M of revenue into a 34.3% gross margin, 0% operating margin, and $0 in free cash flow (0% FCF margin).