Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data BriaCell Therapeutics Corp. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
Research and development
2.43
2.02
8.02
15.3
27.2
21.3
General and administrative
4.96
7.27
7.94
6.15
5.93
Operating expenses
23.3
33.3
27.2
Operating income
-3.94
-6.98
-15.3
-23.3
-33.3
-27.2
Interest expense
0.08
0
0.04
Interest income
0
0.14
0.89
0.29
0.12
Other non-operating income
-6.84
-11.5
0.85
0.26
0.11
Pre-tax income
-13.8
-26.8
20.3
4.93
26.6
Net income to minority interests
-0.14
-0.24
Net income
-4.71
-4.02
-13.8
-26.8
-20.3
-4.79
-26.3
EBITDA
-3.92
-6.96
-15.3
-33.3
-27.1
EPS, basic
-460.90
-260.57
-195.81
-43.68
-62.19
EPS, diluted
-460.90
-260.57
-195.81
-43.68
-62.19
Shares, basic (weighted)
0.03
0.1
0.1
0.11
0.42
Shares, diluted (weighted)
0.03
0.1
0.1
0.11
0.42
Balance sheet
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
0.02
57.3
41
21.3
0.86
10.5
Short-term investments
7.37
Receivables
0.02
0.01
0.02
0.02
Other current assets
0.52
1.28
4.84
1.32
1.39
Total current assets
0.26
57.8
42.3
26.9
3.65
19.9
Property, plant and equipment
0
0
0.39
0.3
Intangible assets
0.26
0.25
0.23
0.22
0.2
0.18
Total assets
0.52
58
42.6
27.2
5.87
21.6
Accounts payable
3.71
0.21
0.46
1.12
7.17
3.28
Total current liabilities
3.96
0.56
0.94
1.8
7.46
3.98
Total liabilities
4.12
0.78
32.2
30.9
8.56
4.32
Paid-in capital
2.18
5.23
7.42
Retained earnings
-18.2
-29.1
-60.3
-80.7
-85.4
-112
Other comprehensive income
-0.14
-0.14
-0.14
-0.14
-0.14
Shareholders' equity
-2.74
27.7
10.3
-3.78
Minority interests
-0.3
-0.55
Total equity
-0.69
-3.6
57.3
10.3
-3.78
-2.68
17.3
Total liabilities and equity
0.52
58
42.6
27.2
5.87
21.6
Shares outstanding
0.1
0.1
0.11
0.12
1.88
Cash flow statement
FY2019
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-4.71
-4.02
-13.8
-26.8
-20.3
-4.93
-26.6
Depreciation and amortization
0.02
0.02
0.02
0.07
0.09
Stock-based compensation
1.97
3.07
2.19
1.8
0.78
Change in receivables
0.01
-0.01
0.01
-0.73
0.73
Change in payables
-1.41
0.25
0.66
6.05
-3.89
Cash from operations
-1.27
-7.75
-12.5
-23.7
-24.1
-28.2
Capital expenditures
-0.46
Purchases of investments
-0.23
-0.33
Cash from investing
-0.68
-7.65
Debt issued
0.22
Debt repaid
-0.39
-0.31
Stock issued
1.15
24.7
4
4.42
44.6
Share buybacks
-10.2
-0.05
Cash from financing
1.17
65
-3.74
3.95
4.42
45.4
Exchange rate effect
-0.04
Net change in cash
-0.09
57.2
-16.2
-19.8
-20.4
9.63
Free cash flow
-24.6
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to April 30, 2026; growth uses fiscal years. Valuation uses the share price of $4.32 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on assets (ROA)
-113.3%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Total assets growth, 1y
268.7%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-20.2%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
110.6%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
285.7%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
60.2%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
7.07x
Current assets / current liabilities.
Quick ratio
6.35x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
6.35x
(Cash + short-term investments) / current liabilities.
Liabilities / assets
13.5%
Total liabilities / total assets.
Working capital
$21.8M
Current assets - current liabilities.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$4.23
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Market cap + total debt - cash - short-term investments.
Earnings yield
-81.7%
Net income / market cap (the inverse of P/E).
Was BriaCell Therapeutics Corp. profitable in fiscal 2025?
No. It reported a net loss of $26.3M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.