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Financial statements

Elicio Therapeutics, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data Elicio Therapeutics, 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

FY2021FY2021FY2022FY2023FY2024FY2025
Revenue2.8828.32.3
Cost of revenue1.190.430
Gross profit1.6927.92.3
Research and development3948.718.123.833.724.9
General and administrative1818.55.6311.911.312.8
Operating income-55.3-39.3-23.7-35.7-45-37.7
Interest expense3.61.060.461.13
Other non-operating income-24.8-15.3-4.480.55-6.91-1.86
Pre-tax income-80.1-54.6-38.8-51.9-39.6
Income tax000000
Net income-80.1-54.6-28.2-35.2-51.9-39.6
EBITDA-55.2-39.2-23.3-35.4-44.7-37.5
EPS, basic-375.77-133.56-89.27-6.96-4.25-2.58
EPS, diluted-375.76-133.56-89.27-6.96-4.25-2.58
Shares, basic (weighted)0.210.410.325.0612.215.3
Shares, diluted (weighted)0.210.410.325.0612.215.3

Balance sheet

FY2021FY2021FY2022FY2023FY2024FY2025
Cash and equivalents34.688.86.1612.917.618.6
Receivables0
Other current assets0.360.50.252.731.90.75
Total current assets42.391.210.716.320.719.3
Property, plant and equipment0.160.451.150.720.480.3
Lease right-of-use assets4.073.997.356.565.714.78
Other non-current assets00.110.06
Total assets47.396.522.727.128.225.9
Accounts payable5.584.712.814.371.040.67
Accrued liabilities6.673.221.943.768.426.43
Deferred revenue3.942.31.440.691.170
Total current liabilities10711.36.879.7611.58.11
Long-term debt0.640209.41
Lease liabilities3.853.486.796.015.114.09
Other non-current liabilities0
Total liabilities1381513.715.839.524.2
Total debt0.6402010
Paid-in capital72.12964.86154183235
Retained earnings-161-215-107-142-194-234
Treasury stock-1.8500-0.15-0.15-0.15
Other comprehensive income-0.33-0.10-0.2-0.18-0.13
Shareholders' equity-90.4-74.5-10211.4-11.31.64
Total equity-90.4-74.5-10211.4-11.31.64
Total liabilities and equity47.396.522.727.128.225.9
Shares outstanding0.220.430.329.61117.8

Cash flow statement

FY2021FY2021FY2022FY2023FY2024FY2025
Net income-80.1-54.6-28.2-35.2-51.9-39.6
Depreciation and amortization0.10.090.390.380.320.2
Stock-based compensation4.72120.581.181.452.7
Deferred income tax00000
Change in payables-5.61-0.871.130.02-3.33-0.37
Cash from operations-22.9-52.6-22.2-32.7-37.1-37
Capital expenditures-0.04-0.38-0.65-0.07-0.09-0.02
Cash from investing-0.04-0.38-0.65-0.03-0.08-0.02
Debt issued019.70
Stock issued-0.52107074.5616.2
Share buybacks0-0.150
Cash from financing52.410721.238.642.336.7
Exchange rate effect-0.440000.020.05
Net change in cash2954.1-1.635.895.19-0.23
Free cash flow-22.9-53-22.8-32.8-37.2-37
Interest paid00.010

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 $1.84 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-476.8%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-120.8%Net income / average total assets.

Growth

MetricValueHow it is calculated
Total assets growth, 1y-8.2%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y4.5%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-11.4%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y25.5%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y264.6%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y135.1%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio2.77xCurrent assets / current liabilities.
Quick ratio2.55x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio2.55x(Cash + short-term investments) / current liabilities.
Debt / equity1.20xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets30.4%Total debt / total assets.
Liabilities / assets74.7%Total liabilities / total assets.
Net debt-$13.9MTotal debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage-24.0xOperating income / interest expense.
Working capital$16.3MCurrent assets - current liabilities.
Tangible book value$7.9MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$1.97Net 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-$1.96Cash from operations / diluted weighted shares.
Book value per share$0.36Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.36Tangible book value / shares outstanding.
Cash per share$1.07(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$48.4MShare price x shares outstanding.
Enterprise value$34.4MMarket cap + total debt - cash - short-term investments.
P/B6.09xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book6.09xMarket cap / tangible book value, when positive.
Earnings yield-78.3%Net income / market cap (the inverse of P/E).
Was Elicio Therapeutics, Inc. profitable in fiscal 2025?

No. It reported a net loss of $39.6M.

How much free cash flow did Elicio Therapeutics, Inc. generate in fiscal 2025?

Cash from operations of $37.0M minus capital expenditures of $16.0K left free cash flow of -$37.0M.

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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