Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data BeyondSpring 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
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2024
FY2024
FY2025
Revenue
0
0
0
0
0.18
1.35
1.35
0
0
0
Research and development
10.4
88.9
51.6
31.3
41.8
36.9
25.6
7.27
2.64
4.39
Selling, general and administrative
1.93
9.05
5.93
8.97
22.6
30.7
13
7.81
6.11
4.56
General and administrative
1.93
9.05
5.93
8.97
Operating income
-12.4
-98
-57.5
-40.3
-64.2
-66.2
-37.2
-15.1
-8.75
-8.95
Interest expense
0.21
0.09
0.09
0.02
Interest income
0.02
0.12
0.21
0.18
0.12
0.1
0.2
0.32
0.06
0.08
Other non-operating income
0.92
0.32
0
0
1.36
1.12
Pre-tax income
-12.5
-96.4
-57.5
-40.3
-63.8
-64.6
-36.1
-13.9
-8.77
-8.63
Income tax
0
0
3.57
0.16
-0.09
0.1
0.09
Net income to minority interests
-0.54
-4.63
-2.61
-2.25
-2.85
-4.03
-3
Net income
-12
-91.8
-54.9
-38.1
-61
-64.2
-33.3
-21
-11.1
-1.01
EBITDA
-12.4
-97.9
-57.5
-40.2
-64.1
-66.2
-37
-14.8
-8.47
-8.86
EPS, basic
-0.75
-4.40
-2.42
-1.55
-2.03
-1.64
-0.85
-0.54
-0.28
-0.02
EPS, diluted
-0.75
-4.40
-2.42
-1.55
-2.03
-1.64
-0.85
-0.54
-0.28
-0.02
Shares, basic (weighted)
16.1
20.9
22.7
24.6
30
39
39.1
Shares, diluted (weighted)
16.1
20.9
22.7
24.6
30
39
39.1
Balance sheet
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2024
FY2024
FY2025
Cash and equivalents
11.7
27.5
3.89
35.9
110
41.6
34.4
5.4
2.92
7.79
Short-term investments
3.07
0
30.7
2.87
0
4.78
Other current assets
0.36
0.26
0.29
0.41
0.36
1.02
0.76
0.17
0.07
0.07
Total current assets
14.7
32.3
5.87
40.9
113
75.1
38.5
18.4
28.6
20.9
Property, plant and equipment
0.08
0.12
0.28
0.21
0.18
1.42
1.87
0.32
0.24
0.17
Lease right-of-use assets
2.54
2.17
1.98
5.48
0.73
0.51
0.31
Other non-current assets
0.12
0.36
0.91
0.95
1.28
3.12
0.35
0.12
0.21
0.22
Total assets
14.9
32.8
7.06
44.6
117
81.6
46.2
24.8
34.3
25.9
Accounts payable
0.44
3.38
9.59
2.54
2.22
1.66
1.08
0.56
0.3
0.36
Accrued liabilities
1.43
0.81
5.5
5.86
5.61
3.86
2.47
2.35
0.84
0.94
Deferred revenue
1.35
1.37
1.35
Short-term debt
0
1.57
0
Total current liabilities
2.61
4.79
16.4
10.1
13.8
15.2
7.35
7.96
11
13.6
Long-term debt
1.44
2.17
0
Lease liabilities
1.94
1.36
1.47
4
0.59
0.31
0
Other non-current liabilities
0
0.71
3.66
3.71
3.69
3.98
Total liabilities
2.61
4.79
16.4
13.4
25.2
55.3
49.2
48.3
48.6
49.9
Total debt
1.44
2.17
1.57
0
Paid-in capital
44.4
151
171
247
366
369
369
369
373
376
Retained earnings
-32.1
-124
-179
-217
-278
-342
-375
-396
-407
-408
Other comprehensive income
-0.09
-0.18
0.04
0.14
-0.3
-0.52
0.44
0.89
1.34
0.6
Shareholders' equity
12.2
27.1
-7.77
30.3
88.3
26.7
-5.98
-26.8
-32.9
-32.2
Minority interests
0.15
0.96
-1.62
0.85
-1.72
-5.76
-8.1
-8.53
18.6
8.17
Total equity
12.3
28
-9.38
31.1
86.6
20.9
-14.1
-35.3
-14.3
-24
Total liabilities and equity
14.9
32.8
7.06
44.6
117
81.6
46.2
24.8
34.3
25.9
Shares outstanding
16.9
22.5
23.2
27.9
39.1
38.9
39
39
40.3
41.1
Cash flow statement
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2024
FY2024
FY2025
Net income
-12.5
-96.4
-57.5
-40.3
-63.8
-68.2
-36.3
-21.9
-16.7
-14.2
Depreciation and amortization
0.02
0.03
0.05
0.08
0.08
0.06
0.23
0.3
0.29
0.09
Stock-based compensation
22.7
6.56
2.1
8.19
3.15
1.67
0.77
2.26
0.72
Deferred income tax
0
0
0
0
0
0
0
0
0
Change in payables
0.14
2.94
6.21
-7.05
-0.32
-0.56
-0.58
0.33
-0.61
-0.08
Cash from operations
-13.7
-28.8
-40
-48.2
-43.7
-47.2
-27.5
-16.5
-16.4
-19.8
Capital expenditures
-0.06
-0.08
-0.21
-0
-0.05
-2.84
-0.03
-0.1
-0.22
-0.05
Purchases of investments
-3.07
0
0
-44.2
-32.2
-1.3
-12.8
-14.9
Cash from investing
-0.06
-3.15
2.87
-0
-0.05
-20.4
17.6
-0.1
-12
10.8
Debt issued
0
3.91
0.29
Stock issued
15.3
50.5
14
69.5
113
0
0
0
3
2
Cash from financing
14.7
47.7
13.2
80.2
118
0
3.43
0
26.8
4.97
Exchange rate effect
-0.09
0.02
0.25
0.04
Net change in cash
0.87
15.8
-23.6
32
73.6
-67.9
-7.23
-16.6
-1.7
-3.91
Free cash flow
-13.8
-28.9
-40.2
-48.2
-43.8
-50.1
-27.5
-16.6
-16.7
-19.8
Interest paid
0.2
0.09
0.09
0.02
0
0
0
Income taxes paid
0.04
0.01
0
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.78 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on assets (ROA)
-45.8%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Total assets growth, 1y
-24.4%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-17.5%
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
-26.0%
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
0.70x
Current assets / current liabilities.
Quick ratio
0.46x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.46x
(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.
Revenue per share
$0.00
Revenue / diluted weighted shares.
FCF per share
-$0.41
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$0.41
Cash from operations / diluted weighted shares.
Book value per share
-$0.86
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
FCF yield
-52.4%
Free cash flow / market cap.
Earnings yield
-20.9%
Net income / market cap (the inverse of P/E).
What was BeyondSpring Inc.'s revenue in fiscal 2025?
BeyondSpring Inc. reported revenue of $0.0 for fiscal 2025.
Was BeyondSpring Inc. profitable in fiscal 2025?
No. It reported a net loss of $1.0M.
How much free cash flow did BeyondSpring Inc. generate in fiscal 2025?
Cash from operations of $19.8M minus capital expenditures of $50.0K left free cash flow of -$19.8M.
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.