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Financial statements

Evogene Ltd. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Evogene 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

FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue6.543.381.750.751.040.931.682.985.583.85
Cost of revenue5.642.851.450.330.570.770.911.492.384.09
Gross profit0.90.540.30.420.470.160.771.493.2-0.24
Research and development16.41714.715.817.321.120.816.212.57.99
Selling, general and administrative3.893.813.513.775.327.256.485.386.994.29
Operating income-21.1-21.9-20-21.2-24.8-31-26.9-22.2-18.8-14
Interest expense0.891.012.210.562.951.413.330.933.361.93
Interest income2.422.131.412.631.591.940.521.217.392.51
Pre-tax income-19.6-20.8-20.8-19.1-26.2-30.4-29.8-21.9-14.8-13.5
Income tax0.040.010.030.020.030.010.090.020.010
Income from continuing operations-22-14.8-13.5
Net income to minority interests-0.05-1-2.83-2.65-3.21-2.08-1.570.66
Net income-19.6-20.8-20.8-18.1-23.4-27.8-26.6-23.9-16.5-8.49
EPS, basic-7.63-8.03-8.03-6.94-8.22-6.84-6.44-5.20-2.901.08
EPS, diluted-7.63-8.03-8.03-6.94-8.22-6.84-6.44-5.20-2.901.08

Balance sheet

FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents3.243.445.8134.746.232.32920.815.313
Inventory00.090.570.081.820.21
Total current assets89.572.855.54951.856.937.834.521.615.6
Property, plant and equipment6.484.793.192.582.072.072.52.461.80.81
Lease right-of-use assets2.671.872.111.570.982.451.82
Intangible assets17.116.115.214.113.212.20
Total assets9677.658.771.471.976.356.151.139.920
Accounts payable1.331.111.0210.861.461.041.791.230.64
Total current liabilities5.234.665.435.759.686.885.636.9418.73.44
Lease liabilities2.081.661.70.930.291.911.48
Total liabilities8.78.228.3911.11512.921.322.4258.07
Retained earnings-96.2-117-138-156-179-207-234-258-274-283
Shareholders' equity87.369.450.150.14653.727.912.1-1.45-0.08
Minority interests0.2510.110.89.776.8616.616.312.1
Total equity87.369.450.360.256.963.434.828.714.812
Total liabilities and equity9677.658.771.471.976.356.151.139.920

Cash flow statement

FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-19.6-20.8-20.8-19.1-26.2-30.4-29.8-26-18.1-7.83
Cash from operations-11.7-15.9-15.2-17.7-19.5-24.7-23.7-21.6-19.7-13.5
Capital expenditures-0.81-0.59-0.37-0.9-0.68-0.85-1.17-0.58-0.63-0.14
Cash from investing4.0315.217.437.19.42-20.613.3-4.549.6217.7
Stock issued1000
Cash from financing0.660.810.39.3120.430.39.3418.24.66-6.6
Exchange rate effect0.030.07-0.110.161.211.1-2.28-0.25-0.050.02
Net change in cash-6.990.22.3828.911.5-13.9-3.35-8.21-5.47-2.35
Free cash flow-12.5-16.5-15.5-18.6-20.2-25.6-24.8-22.2-20.3-13.6
Interest paid0.30.240.320.170.120.070.19

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $0.42 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin-6.3%Gross profit / revenue.
Operating margin-364.2%Operating income / revenue.
Pre-tax margin-350.3%Pre-tax income / revenue.
Net margin-220.2%Net income / revenue.
FCF margin-353.9%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-350.4%Cash from operations / revenue.
Return on assets (ROA)-28.3%Net income / average total assets.
R&D / revenue207.5%Research and development expense / revenue.
SG&A / revenue111.2%Selling, general and administrative expense / revenue.
Capex / revenue3.5%Capital expenditures / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-30.9%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y32.0%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y29.9%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y-107.5%Gross profit vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-49.7%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-29.0%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-22.5%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Current ratio4.54xCurrent assets / current liabilities.
Quick ratio3.76x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio3.76x(Cash + short-term investments) / current liabilities.
Liabilities / assets40.3%Total liabilities / total assets.
Interest coverage-7.26xOperating income / interest expense.
Working capital$12.2MCurrent assets - current liabilities.
Goodwill and intangibles / assets0.0%(Goodwill + intangible assets) / total assets.
Tangible book value-$82.0KShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.13xRevenue / average total assets.
Fixed asset turnover2.95xRevenue / average property, plant and equipment.
Inventory turnover4.04xCost of revenue / average inventory.
Days inventory90 days365 x average inventory / cost of revenue.
Days payables83 days365 x average accounts payable / cost of revenue.

Per share

MetricValueHow it is calculated
EPS, diluted$1.08Net 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.
EPS, basic$1.08Net income per basic share, as reported (split-adjusted).

Valuation

MetricValueHow it is calculated
Market cap$5.5MShare price x shares outstanding.
Enterprise value-$7.4MMarket cap + total debt - cash - short-term investments.
P/S1.43xMarket cap / revenue.
FCF yield-247.2%Free cash flow / market cap.
Earnings yield-153.8%Net income / market cap (the inverse of P/E).
What was Evogene Ltd.'s revenue in fiscal 2025?

Evogene Ltd. reported revenue of $3.9M for fiscal 2025, 30.9% lower than the year before.

Was Evogene Ltd. profitable in fiscal 2025?

No. It reported a net loss of $8.5M.

How much free cash flow did Evogene Ltd. generate in fiscal 2025?

Cash from operations of $13.5M minus capital expenditures of $135.0K left free cash flow of -$13.6M.

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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