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Financial statements

Monopar Therapeutics financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Monopar Therapeutics 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
Revenue000000
Research and development0.280.941.771.974.076.497.595.6139.9
General and administrative0.911.171.562.362.442.632.953.233.166.8
Operating expenses1.1916.63.334.326.519.1310.58.8316.216.7
Operating income-1.19-16.6-3.33-4.32-6.51-9.13-10.5-8.83-16.2-16.7
Interest income0.430.42.99
Pre-tax income-16.6-3.3-8.4-15.6-13.7
Income tax0-0-0.0700.0200000
Net income-1.19-16.6-3.23-4.22-6.3-9.1-10.5-8.4-15.6-13.7
EPS, basic-9.42-1.74-2.24-2.89-3.64-4.14-3.04-4.11-1.85
EPS, diluted-9.42-1.74-2.24-2.89-3.64-4.14-3.04-4.11-1.85
Shares, basic (weighted)1.761.861.872.22.52.552.763.797.41
Shares, diluted (weighted)1.761.861.872.22.52.552.763.797.41

Balance sheet

FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents2.078.986.8913.216.720.38.197.2745.861.8
Short-term investments12.26.5445.560.9
Other current assets0.020.060.220.050.070.080.06
Total current assets2.19.137.2513.216.820.513.27.3360.3140
Lease right-of-use assets00.060.0100.25
Other non-current assets0.070.120.070
Total assets2.99.937.3213.416.920.513.27.3560.3141
Accounts payable0.060.310.40.721.181.583.131.762.252.74
Total current liabilities0.060.310.40.721.181.583.131.765.252.74
Lease liabilities00.01000.15
Total liabilities0.060.310.40.721.181.583.141.765.252.89
Paid-in capital4.72828.638.547.960.261.965.8131227
Retained earnings-1.87-18.4-21.7-25.9-32.2-41.3-51.8-60.2-75.8-89.5
Other comprehensive income0-0-0.01-0.01-00.01-0.010.040.13
Shareholders' equity2.839.626.9212.615.718.910.15.5955138
Total equity2.839.626.9212.615.718.910.15.5955138
Total liabilities and equity2.99.937.3213.416.920.513.27.3560.3141
Shares outstanding01.861.862.122.32.532.62.986.16.69

Cash flow statement

FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-1.19-16.6-3.23-4.22-6.3-9.1-10.5-8.4-15.6-13.7
Stock-based compensation00.310.531.011.321.471.641.91.144.84
Deferred income tax0.540-0.070000000
Change in payables-0.010.250.090.240.451.48-1.330.510.39
Cash from operations-1.19-2.63-2.68-3.02-4.66-7.32-7.23-7.86-6.4-12.2
Purchases of investments-4.92-7.88-15.3-87.2
Sales and maturities of investments0
Cash from investing0-4.924.93-14.3-63.5
Stock issued04.71008.180.020.112.074.20
Share buybacks0-35
Cash from financing1.269.54-0.219.358.1810.90.032.0359.391.6
Exchange rate effect0-0-0.010
Net change in cash0.076.91-2.896.323.523.57-12.1-0.9238.616
Income taxes paid0-0.010

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 $85.24 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-13.6%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-13.2%Net income / average total assets.
Return on invested capital (ROIC)-22.4%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.

Growth

MetricValueHow it is calculated
Book value growth, 1y150.4%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y139.0%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y54.4%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y133.4%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y119.9%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y52.8%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y95.5%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y42.7%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, 5y27.5%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 ratio33.6xCurrent assets / current liabilities.
Quick ratio26.2x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio26.2x(Cash + short-term investments) / current liabilities.
Liabilities / assets3.1%Total liabilities / total assets.
Working capital$130.7MCurrent assets - current liabilities.
Tangible book value$130.9MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$2.09Net 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-$1.43Cash from operations / diluted weighted shares.
Book value per share$19.50Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$19.50Tangible book value / shares outstanding.
Cash per share$15.70(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$572.1MShare price x shares outstanding.
Enterprise value$466.7MMarket cap + total debt - cash - short-term investments.
P/B4.37xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book4.37xMarket cap / tangible book value, when positive.
Earnings yield-3.1%Net income / market cap (the inverse of P/E).
What was Monopar Therapeutics's revenue in fiscal 2025?

Monopar Therapeutics reported revenue of $0.0 for fiscal 2025.

Was Monopar Therapeutics profitable in fiscal 2025?

No. It reported a net loss of $13.7M.

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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