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Financial statements

MOLECULAR PARTNERS AG financial statements

Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data MOLECULAR PARTNERS AG files with the SEC in its annual reports.

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

Income statement

FY2019FY2021FY2021FY2022FY2023FY2024FY2025
Revenue20.49.349.751907.044.970
Research and development43.556.155.750.748.848.640.2
Selling, general and administrative13.511.617.522.219.417.615.2
Operating income-36.7-58.3-63.4117-61.1-61.2-58.1
Interest expense1.214.820.560.625.160.045.05
Interest income1.60.370.191.864.287.211.52
Pre-tax income-36.3-62.8-63.8118-62-54-61.6
Income tax0.02-0.0100000
Net income-36.3-62.8-63.8118-62-54-61.7
EPS, basic-1.69-2.51-2.063.63-1.89-1.59-1.65
EPS, diluted-1.69-2.51-2.063.54-1.89-1.59-1.65

Balance sheet

FY2019FY2021FY2021FY2022FY2023FY2024FY2025
Cash and equivalents75.713471.887.967.363.982.7
Receivables2.8425.71.021.952.321.83
Total current assets17816425519215496.9
Property, plant and equipment9.398.157.24
Intangible assets0.350.330.270.210.050
Total assets188173262198159102
Accounts payable5.837.392.141.331.861.77
Total current liabilities57.746.917.314.410.811
Lease liabilities6.044.853.652.441.232.44
Total liabilities80.365.427.121.916.921.8
Retained earnings-195-251-128-192-246-312
Total equity54.110710723517614280.3
Total liabilities and equity188173262198159102

Cash flow statement

FY2019FY2021FY2021FY2022FY2023FY2024FY2025
Net income-36.3-62.8-63.8118-62-54-61.7
Cash from operations-1.19-29-91119-59-59.2-51.3
Capital expenditures-1.03-1.45-0.93-1.18-0.58-0.71-0.71
Cash from investing-19.8-21.7-22.2-10144.640.572.5
Stock issued011451.50017.30
Share buybacks00-0.6300
Cash from financing-0.2311350.6-1.57-1.1714.4-1.15
Exchange rate effect-1.99-4.460.70.26-5.10.89-1.36
Net change in cash-23.258-61.916.1-20.6-3.4418.8
Free cash flow-2.22-30.4-91.9117-59.6-60-52
Interest paid0.090.220.580.650.030.030.02
Income taxes paid000000

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)-47.3%Net income / average total assets.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-100.0%Revenue vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-35.6%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-27.0%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-11.4%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 ratio8.79xCurrent assets / current liabilities.
Quick ratio7.66x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio7.50x(Cash + short-term investments) / current liabilities.
Liabilities / assets21.3%Total liabilities / total assets.
Interest coverage-11.5xOperating income / interest expense.
Working capitalCHF 85.8MCurrent assets - current liabilities.
Goodwill and intangibles / assets0.0%(Goodwill + intangible assets) / total assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.00xRevenue / average total assets.
Receivables turnover0.00xRevenue / average receivables.

Per share

MetricValueHow it is calculated
EPS, diluted-CHF 1.65Net 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-CHF 1.65Net income per basic share, as reported (split-adjusted).
What was MOLECULAR PARTNERS AG's revenue in fiscal 2025?

MOLECULAR PARTNERS AG reported revenue of CHF 0.0 for fiscal 2025, 100% lower than the year before.

Was MOLECULAR PARTNERS AG profitable in fiscal 2025?

No. It reported a net loss of CHF 61.7M.

How much free cash flow did MOLECULAR PARTNERS AG generate in fiscal 2025?

Cash from operations of CHF 51.3M minus capital expenditures of CHF 714.0K left free cash flow of -CHF 52.0M.

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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