Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data BioLineRx Ltd. 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
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
0
0
4.8
28.9
1.18
Cost of revenue
0
0
3.69
9.26
0.23
Gross profit
0
0
1.11
19.7
0.95
Research and development
11.2
19.5
19.8
23.4
18.2
19.5
17.6
12.5
9.15
8.09
Selling, general and administrative
3.98
4.04
4.44
3.82
3.91
4.31
5.07
6.31
6.32
3.14
Operating income
-16.5
-25.2
-25.6
-28.1
-22.9
-24.8
-29.2
-49.7
-20.4
-10.3
Interest expense
0.02
0.02
0.47
2.28
1.63
1.01
2.16
2.17
9.12
1.28
Interest income
0.48
1.17
0.72
0.78
0.24
0.56
0.69
2.07
1.87
1.46
Income tax
0
0
0
0
0
0
0
Net income to minority interests
6
Net income
-15.8
-24.4
-23
-25.4
-30
-27.1
-25
-60.6
-9.22
-2.03
EBITDA
-16.1
-24.8
-25.2
-27.2
-22.1
-24.1
-28.5
-49.1
-20
-9.79
EPS, basic
-0.28
-0.27
-0.21
-0.17
-0.12
-0.04
-0.03
-0.06
-0.01
0.00
EPS, diluted
-0.28
-0.27
-0.21
-0.17
-0.12
-0.04
-0.03
-0.06
-0.01
0.00
Balance sheet
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
2.47
5.11
3.4
5.3
16.8
13
10.6
4.26
10.4
3.25
Inventory
0
1.95
3.15
2.15
Total current assets
36.1
50.4
32
28.2
22.9
57.4
52
47.2
27.1
23.7
Property, plant and equipment
2.61
2.51
2.23
1.82
1.34
0.95
0.73
0.47
0.39
0.16
Lease right-of-use assets
1.65
1.36
1.33
1.77
1.42
0.97
0.7
Intangible assets
0.18
7.02
22
21.9
21.7
21.7
21.9
14.9
10.4
16.4
Total assets
38.9
61
56.2
53.6
47.3
81.4
76.4
63.9
38.9
40.9
Total current liabilities
3.66
6.72
6.75
12
10.6
9.72
10.7
42.8
15.4
12.1
Lease liabilities
1.76
1.66
1.73
1.73
1.29
1.08
0.98
Total liabilities
3.91
8.08
14.9
20.2
25.3
13.3
25.5
50.7
25.4
17.6
Total debt
0.34
0.25
8.73
8.49
5.83
Paid-in capital
200
241
250
266
279
339
339
355
354
328
Retained earnings
-175
-200
-223
-248
-278
-305
-330
-391
-400
-401
Shareholders' equity
13.5
18.2
Minority interests
0
5.15
Total equity
35
52.9
41.3
33.4
22
68.1
50.8
13.2
13.5
23.3
Total liabilities and equity
38.9
61
56.2
53.6
47.3
81.4
76.4
63.9
38.9
40.9
Cash flow statement
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-15.8
-24.4
-23
-25.4
-30
-27.1
-25
-60.6
-9.22
-2.03
Depreciation and amortization
0.45
0.45
0.42
0.86
0.86
0.66
0.62
0.58
0.43
0.5
Cash from operations
-14.5
-20.5
-24.2
-22.7
-23.2
-23.6
-26.2
-22.6
-43.9
-8.07
Capital expenditures
-0.05
-0.34
-0.17
-0.07
0
-0.1
-0.13
-0.12
-0.05
-0.03
Cash from investing
9.3
-15.9
9.56
5.26
16.7
-38.2
4.01
1.44
29.4
-8.55
Debt issued
18.2
27.9
9.08
Debt repaid
-0.09
-0.41
-0.89
-3.13
-3.81
-3.18
-1.54
-22.8
-5.57
Stock issued
2.18
38.8
3.83
20.3
19.2
50.4
14.4
14.1
16.4
13.9
Cash from financing
2.09
38.7
13.1
19.2
17.9
57.7
20.4
15.1
20.7
8.88
Exchange rate effect
0.05
0.44
-0.17
0.11
0.21
0.21
-0.61
-0.22
0.02
0.55
Net change in cash
-3.13
2.21
-1.54
1.79
11.3
-4.05
-1.8
-6.11
6.16
-7.74
Free cash flow
-14.6
-20.9
-24.4
-22.7
-23.2
-23.7
-26.4
-22.7
-43.9
-8.1
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $1.49 on November 11, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
80.5%
Gross profit / revenue.
Operating margin
-871.8%
Operating income / revenue.
EBITDA margin
-829.8%
EBITDA (operating income + depreciation and amortization) / revenue.
Net margin
-171.7%
Net income / revenue.
FCF margin
-686.4%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-684.2%
Cash from operations / revenue.
Return on equity (ROE)
-12.8%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-5.1%
Net income / average total assets.
Return on invested capital (ROIC)
-90.4%
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%.
R&D / revenue
685.8%
Research and development expense / revenue.
SG&A / revenue
266.4%
Selling, general and administrative expense / revenue.
Capex / revenue
2.1%
Capital expenditures / revenue.
D&A / revenue
41.9%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-95.9%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
-95.2%
Gross profit vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
35.2%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
5.1%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-18.8%
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
-2.9%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.95x
Current assets / current liabilities.
Quick ratio
0.27x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.27x
(Cash + short-term investments) / current liabilities.
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.
EPS, basic
$0.00
Net income per basic share, as reported (split-adjusted).
Valuation
Metric
Value
How it is calculated
Market cap
$6.5M
Share price x shares outstanding.
Enterprise value
$3.2M
Market cap + total debt - cash - short-term investments.
P/S
5.49x
Market cap / revenue.
P/B
0.36x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
3.55x
Market cap / tangible book value, when positive.
EV/Sales
2.74x
Enterprise value / revenue.
FCF yield
-124.9%
Free cash flow / market cap.
Earnings yield
-31.2%
Net income / market cap (the inverse of P/E).
What was BioLineRx Ltd.'s revenue in fiscal 2025?
BioLineRx Ltd. reported revenue of $1.2M for fiscal 2025, 95.9% lower than the year before.
Was BioLineRx Ltd. profitable in fiscal 2025?
No. It reported a net loss of $2.0M.
How much free cash flow did BioLineRx Ltd. generate in fiscal 2025?
Cash from operations of $8.1M minus capital expenditures of $25.0K left free cash flow of -$8.1M.
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.