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Financial statements

BetterLife Pharma Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 9 fiscal years, taken from the XBRL data BetterLife Pharma Inc. 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

FY2009FY2010FY2011FY2011FY2012FY2016FY2016FY2017FY2018
Research and development0.060.07
General and administrative0.060.070.020.037.71.60.34
Operating expenses0.1210.36.021.05
Operating income-0.12-10.3-6.02-1.05
Interest expense-0.06-0.020.060.010.03
Other non-operating income-2.881.780.43
Pre-tax income1.1310.36.330.12
Income from continuing operations-0.14-0.36-0.09
Net income-0.65-0.12-3.021.420.34-1.13-10.3-6.28-0.12
EBITDA-0.12-10.3
EPS, basic-0.10-0.11-0.080.00
EPS, diluted-0.10-0.11-0.080.00
Shares, basic (weighted)2833.935.811.677.775.379.9
Shares, diluted (weighted)2833.935.811.677.775.379.9

Balance sheet

FY2009FY2010FY2011FY2011FY2012FY2016FY2016FY2017FY2018
Cash and equivalents0.020.020000.070.110.06
Other current assets00.030.020.08
Total current assets0.020000.10.130.15
Property, plant and equipment0000
Intangible assets0.23
Total assets0.0200.0100.110.130.38
Total current liabilities0.130.870.660.441.610.43
Total liabilities2.971.030.680.060.441.610.43
Paid-in capital0.050.170.170.266.1711.211.8
Retained earnings2.16-4.01-14.3-20.6-20.7
Other comprehensive income0.220.750.580.59
Shareholders' equity0.030-2.95-1.02-0.67-0.05-0.33-1.47-0.05
Total equity0.030-2.95-1.02-0.67-0.05-0.33-1.47-0.05
Total liabilities and equity0.0200.0100.110.130.38
Shares outstanding35.865.974.775.682.4

Cash flow statement

FY2009FY2010FY2011FY2011FY2012FY2016FY2016FY2017FY2018
Net income-0.65-0.12-3.021.420.34-0.98-9.79-6.44-0.12
Depreciation and amortization00
Stock-based compensation0.015.915.020.05
Change in payables0.010.080.030.090.10.570.53
Cash from operations-0.11-0.14-0.03-0.05-0.16-0.36-0.4
Cash from investing-0
Debt repaid0.15
Stock issued0.040.240.32
Cash from financing0.110.120.030.050.240.380.36
Interest paid0.010

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to October 31, 2018; growth uses fiscal years. Valuation uses the share price of $0.22 on September 28, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-196.6%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-95.2%Net income / average total assets.
Return on invested capital (ROIC)-114.2%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.

Growth

MetricValueHow it is calculated
Total assets growth, 1y189.3%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y572.0%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y6.1%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y90.3%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.15xCurrent assets / current liabilities.
Quick ratio0.11x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.11x(Cash + short-term investments) / current liabilities.
Liabilities / assets51.6%Total liabilities / total assets.
Interest coverage-14.5xOperating income / interest expense.
Working capital-$3.1MCurrent assets - current liabilities.
Goodwill and intangibles / assets92.1%(Goodwill + intangible assets) / total assets.
Tangible book value-$3.1MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.08Net 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.
Operating cash flow per share-$0.04Cash from operations / diluted weighted shares.
Book value per share$0.04Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.03Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$32.3MShare price x shares outstanding.
Enterprise value$31.9MMarket cap + total debt - cash - short-term investments.
P/B9.42xMarket cap / shareholders' equity. Only when equity is positive.
Earnings yield-20.9%Net income / market cap (the inverse of P/E).
Was BetterLife Pharma Inc. profitable in fiscal 2018?

No. It reported a net loss of $121.2K.

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.

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