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Financial statements

CYBIN INC. financial statements

Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data CYBIN INC. files with the SEC in its annual reports.

In CAD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2022FY2022FY2023FY2024FY2025
Revenue0.860
Cost of revenue0.660
Gross profit0.20
Research and development3.317.625.532.454.9
Income tax00000
Net income-32.2-67.6-47.5-78.1-113
EPS, basic-0.32-0.40-0.26-9.41-5.59
EPS, diluted-0.32-0.40-0.26-9.41-5.59

Balance sheet

FY2022FY2022FY2023FY2024FY2025
Cash and equivalents6453.616.6209135
Receivables1.332.13.054.485.89
Total current assets66.558.423.2219166
Property, plant and equipment0.560.490.450.270.14
Lease right-of-use assets00.280
Goodwill23.422.924.847.551.5
Intangible assets1.72.085.4735.541
Total assets92.184.153.9302259
Accounts payable5.26
Total current liabilities4.97.915.6610.121.4
Total liabilities5.997.915.6610.121.4
Paid-in capital0.120.532.111.844.4
Retained earnings-33-101-148-226-339
Total equity86.176.248.2292237
Total liabilities and equity92.184.153.9302259

Cash flow statement

FY2022FY2022FY2023FY2024FY2025
Net income-32.2-67.6-47.5-78.1-113
Cash from operations-19-45.2-47.4-68.9-101
Capital expenditures-0.14-0.11-0.14-0.02
Cash from investing-1.19-0.77-3.316.92-1.97
Stock issued76.231.513.225520.5
Cash from financing82.735.813.625520.2
Exchange rate effect-0.03-0.190.17-0.169.1
Net change in cash62.5-10.4-37192-74
Free cash flow-19.2-45.3-47.6-68.9

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. No valuation: the share price is quoted in a different currency than the statements.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)-40.4%Net income / average total assets.

Growth

MetricValueHow it is calculated
Total assets growth, 1y-14.4%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y45.4%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Current ratio7.75xCurrent assets / current liabilities.
Quick ratio6.58x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio6.30x(Cash + short-term investments) / current liabilities.
Liabilities / assets8.3%Total liabilities / total assets.
Working capitalCA$144.6MCurrent assets - current liabilities.
Goodwill and intangibles / assets35.8%(Goodwill + intangible assets) / total assets.

Per share

MetricValueHow it is calculated
EPS, diluted-CA$5.59Net 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-CA$5.59Net income per basic share, as reported (split-adjusted).
Was CYBIN INC. profitable in fiscal 2025?

No. It reported a net loss of CA$113.1M.

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.

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