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Financial statements

MetaVia Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data MetaVia 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

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Research and development8.7422.75.075.324.536.552.789.1621.66.8
General and administrative5.9610.41.612.77.858.758.646.737.266.91
Operating expenses28.813.7
Operating income-14.7-33.1-15.5-20.2-29.7-15.3-19.6-15.9-28.8-13.7
Other non-operating income-0-0.01-0-00.015.663.421.220.74
Pre-tax income-14.6-33.4-15.5-21.3-29.7-15.3-14-12.5-27.6-13
Income tax0000000000
Net income-14.6-33.4-15.5-21.3-29.7-15.3-14-12.5-27.6-13
EBITDA-20.2-29.7-15.3-19.6-15.9-28.8-13.7
EPS, basic-14,472.00-18,188.00-9,629.00-10,763.00-4,828.00-1,741.00-477.26-27.04-39.13-7.35
EPS, diluted-14,472.00-18,188.00-9,629.00-10,763.00-4,828.00-1,741.00-477.25-27.04-39.13-7.35
Shares, basic (weighted)00000.010.010.030.460.711.77
Shares, diluted (weighted)00000.010.010.030.460.711.77

Balance sheet

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents2418.52.8513.910.116.433.422.41610.3
Other current assets0.710.030.030.040.050.20.170.060.060.6
Total current assets24.7193.8114.110.716.633.522.516.110.9
Property, plant and equipment00.20.160.1100.050.030.02
Lease right-of-use assets0.010.150.130.110.20.130.21
Other non-current assets0.010.030.160.020.020.02
Total assets24.8193.8214.51116.833.522.816.311.1
Accounts payable2.014.030.170.642.580.830.710.823.881.06
Accrued liabilities2.111.010.051.421.11.30.284.410.710.83
Total current liabilities4.126.390.222.083.72.1611.85.968.275.65
Lease liabilities0.090.070.050.140.060.14
Other non-current liabilities000
Total liabilities4.1215.10.362.183.772.211.86.18.335.79
Paid-in capital47.764.42.2749.173.796.4118125144154
Retained earnings-27.1-60.5-15.6-36.9-66.5-81.8-95.8-108-136-149
Other comprehensive income00.010.010
Shareholders' equity20.60.03-13.312.37.214.621.816.77.935.33
Total equity20.60.03-13.312.37.214.621.816.77.935.33
Total liabilities and equity24.8193.8214.51116.833.522.816.311.1
Shares outstanding0000.010.010.010.290.450.792.31

Cash flow statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-14.6-33.4-15.5-21.3-29.7-15.3-14-12.5-27.6-13
Depreciation and amortization0.020.050.050.020.010.020.02
Stock-based compensation1.725.274.130.120.70.660.850.220.540.41
Deferred income tax-4.34-7.18-13.2-4.0126.3-3.25-8.4-2.41
Change in payables1.482.010.17-1.051.12-1.16-0.20.113.06-2.82
Cash from operations-11-26.9-14.5-7.04-10.8-15.1-11.7-10.8-24.7-15.7
Capital expenditures-0-0.21-0-0-0.05-0.01-0
Cash from investing-0-6.060.07-0.590.01-0.05-0.01-0
Debt issued2.6510
Stock issued0.040.080.12
Cash from financing31.521.317.224.26.862228.7-0.0818.39.96
Exchange rate effect00.010-0.01
Net change in cash20.4-5.560.4811.1-3.846.3117-10.9-6.42-5.74
Free cash flow-14.5-7.25-10.8-15.1-10.8-24.7-15.7
Interest paid0.290.490
Income taxes paid00

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 $1.66 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-211.8%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-108.9%Net income / average total assets.

Growth

MetricValueHow it is calculated
Book value growth, 1y-32.8%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-37.4%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y-5.8%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y-31.6%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-30.8%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y0.3%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y150.4%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y292.2%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, 5y210.2%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 ratio2.06xCurrent assets / current liabilities.
Quick ratio1.99x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio1.99x(Cash + short-term investments) / current liabilities.
Liabilities / assets48.6%Total liabilities / total assets.
Working capital$6.7MCurrent assets - current liabilities.
Tangible book value$6.8MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$2.44Net 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-$2.67Cash from operations / diluted weighted shares.
Book value per share$1.04Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$1.04Tangible book value / shares outstanding.
Cash per share$1.92(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$10.9MShare price x shares outstanding.
Enterprise value-$1.7MMarket cap + total debt - cash - short-term investments.
P/B1.60xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book1.60xMarket cap / tangible book value, when positive.
Earnings yield-132.1%Net income / market cap (the inverse of P/E).
Was MetaVia Inc. profitable in fiscal 2025?

No. It reported a net loss of $13.0M.

How much free cash flow did MetaVia Inc. generate in fiscal 2025?

Cash from operations of $15.7M minus capital expenditures of $2.0K left free cash flow of -$15.7M.

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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