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Financial statements

Medicenna Therapeutics Corp. financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Medicenna Therapeutics Corp. 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

FY2021FY2021FY2022FY2023
Research and development5.8710.914.79.3
Pre-tax income-8.28-17.3-22.6-10
Income tax0000
Net income-8.28-17.3-22.6-10
EPS, basic-0.26-0.35-0.42-0.16
EPS, diluted-0.26-0.35-0.42-0.16

Balance sheet

FY2021FY2021FY2022FY2023
Cash and equivalents22.730.420.533.6
Total current assets37.942.123.436.4
Lease right-of-use assets0.070.030
Intangible assets0.080.070.070.06
Total assets3842.323.536.4
Accounts payable1.784.072.623.8
Total current liabilities1.824.112.623.8
Lease liabilities0.030.030
Total liabilities1.854.112.626.96
Paid-in capital10.46.687.939.49
Retained earnings-31.1-48.4-70.9-81
Total equity36.138.120.829.5
Total liabilities and equity3842.323.536.4

Cash flow statement

FY2021FY2021FY2022FY2023
Net income-8.28-17.3-22.6-10
Cash from operations-5.42-15.3-23.6
Cash from investing-155.0110.1
Stock issued38.411.43.51
Cash from financing40.718.33.88
Exchange rate effect-0-0.28-0.18
Net change in cash20.37.68-9.84

Key metrics

Worked out from the statements above. Latest values use fiscal 2023. No valuation: the share price is quoted in a different currency than the statements.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)-33.5%Net income / average total assets.

Growth

MetricValueHow it is calculated
Total assets growth, 1y55.4%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-1.4%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 ratio9.58xCurrent assets / current liabilities.
Quick ratio8.84x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio8.84x(Cash + short-term investments) / current liabilities.
Liabilities / assets19.1%Total liabilities / total assets.
Working capitalCA$32.6MCurrent assets - current liabilities.
Goodwill and intangibles / assets0.2%(Goodwill + intangible assets) / total assets.

Per share

MetricValueHow it is calculated
EPS, diluted-CA$0.16Net 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$0.16Net income per basic share, as reported (split-adjusted).
Was Medicenna Therapeutics Corp. profitable in fiscal 2023?

No. It reported a net loss of CA$10.0M.

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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