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Financial statements

EXOZYMES INC. financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data EXOZYMES 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

FY2024FY2024FY2025
Revenue0.07
Research and development0.531.873.71
General and administrative1.344.066.01
Operating income-1.8-5.93-9.72
Other non-operating income-0.010.09
Pre-tax income-2-5.86-9.26
Income tax0.04-0.11
Net income-2.04-5.86-9.16
EBITDA-1.6-5.66-9.43
EPS, basic-0.33-0.89-1.09
EPS, diluted-0.33-0.89-1.09
Shares, basic (weighted)6.256.568.38
Shares, diluted (weighted)6.256.568.38

Balance sheet

FY2024FY2024FY2025
Cash and equivalents0.079.723.04
Other current assets0.260.360.38
Total current assets1.2110.83.94
Property, plant and equipment0.750.880.76
Lease right-of-use assets1.591.331.05
Total assets3.56135.97
Accounts payable0.70.921.24
Total current liabilities2.421.331.57
Lease liabilities1.391.160.85
Total liabilities3.942.612.57
Paid-in capital5.722.424.5
Retained earnings-6.08-11.9-21.1
Shareholders' equity-0.3810.43.4
Total equity-0.3810.43.4
Total liabilities and equity3.56135.97
Shares outstanding6.258.378.41

Cash flow statement

FY2024FY2024FY2025
Net income-2.04-5.86-9.16
Depreciation and amortization0.20.270.29
Stock-based compensation0.281.131.99
Change in receivables-0.070.150.22
Cash from operations-1.18-8.51-6.5
Capital expenditures-0.29-0.4-0.17
Cash from investing-0.31-0.36-0.15
Stock issued14.5
Cash from financing118.5-0.03
Net change in cash-0.499.65-6.68
Free cash flow-1.47-8.9-6.67
Interest paid0.01
Income taxes paid0.0600

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 $6.25 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-278.9%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-127.7%Net income / average total assets.

Growth

MetricValueHow it is calculated
Book value growth, 1y-67.4%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-54.2%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y27.7%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio3.81xCurrent assets / current liabilities.
Quick ratio3.49x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio3.49x(Cash + short-term investments) / current liabilities.
Liabilities / assets54.2%Total liabilities / total assets.
Working capital$4.6MCurrent assets - current liabilities.
Tangible book value$3.7MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$1.18Net 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.
FCF per share-$0.82Free cash flow / diluted weighted shares.
Operating cash flow per share-$0.81Cash from operations / diluted weighted shares.
Book value per share$0.39Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.39Tangible book value / shares outstanding.
Cash per share$0.61(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$58.0MShare price x shares outstanding.
Enterprise value$52.3MMarket cap + total debt - cash - short-term investments.
P/B15.9xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book15.9xMarket cap / tangible book value, when positive.
FCF yield-12.3%Free cash flow / market cap.
Earnings yield-17.6%Net income / market cap (the inverse of P/E).
Was EXOZYMES INC. profitable in fiscal 2025?

No. It reported a net loss of $9.2M.

How much free cash flow did EXOZYMES INC. generate in fiscal 2025?

Cash from operations of $6.5M minus capital expenditures of $169.9K left free cash flow of -$6.7M.

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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