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Financial statements

NuCana plc financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data NuCana plc files with the SEC in its annual reports.

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

Income statement

FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Research and development7.917.716.819.725.936.836.425.11812.7
General and administrative1.144.575.185.957.058.537.296.064.998.1
Operating income-8.45-25.7-19.1-26.7-36.4-47.9-39.1-32.8-22.8-20.1
Interest expense1.790012.6
Interest income0.280.211.071.050.250.10.670.750.360.39
Pre-tax income-8.17-25.5-18.1-25.7-36.2-47.8-38.5-32-22.5-30.5
Income tax-2.12-2.4-4.22-4.24-5.49-7.27-6.43-4.4-3.45-1.17
Income from continuing operations-6.05-23.1
Net income-6.05-23.1-13.8-21.4-30.7-40.5-32-27.6-19-29.4
EPS, basic-0.25-0.89-0.43-0.66-0.81-0.78-0.61-0.53-0.260.00
EPS, diluted-0.25-0.89-0.43-0.66-0.81-0.78-0.61-0.53-0.260.00

Balance sheet

FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents2086.7775287.460.341.917.26.7524.3
Receivables3.052.354.714.634.163.962.670.920.85
Total current assets25.89483.665.210271.654.92512.326.9
Property, plant and equipment0.020.360.431.111.190.850.870.520.20.66
Lease right-of-use assets0.50.5
Intangible assets1.381.943.123.964.752.412.372.132.22.2
Total assets27.296.487.270.310877.558.327.814.829.8
Total current liabilities1.972.925.576.188.1511.719.312.78.674.79
Lease liabilities0.540.370.160.40.190.120.66
Total liabilities1.972.945.596.758.5611.919.812.98.825.51
Paid-in capital42.879.279.479.5141141141141146175
Retained earnings-22.3-45.2-58.8-80.1-111-150-181-208-224-252
Shareholders' equity25.293.4
Total equity25.293.481.663.599.265.538.514.95.9524.3
Total liabilities and equity27.296.487.270.310877.558.327.814.829.8

Cash flow statement

FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-6.05-23.1-13.8-21.4-30.7-40.5-32-27.6-19-29.4
Cash from operations-9.26-8.71-12.2-23.8-21.6-23.8-23.2-26.4-19.1-7.47
Capital expenditures-0.02-0.37-0.21-0.05-0.36-0.06-0.01-0-00
Cash from investing14.9-0.93-0.65-0.15-1.31-3.560.122.890.080.16
Stock issued79.866.60.258.7320.2
Cash from financing0.277.70.21-0.0561.8-0.1-0.16-0.058.1825
Exchange rate effect0.01-1.392.94-0.99-3.470.394.85-1.080.38-0.2
Net change in cash5.8768.1
Free cash flow-9.28-9.08-12.4-23.9-22-23.9-23.2-26.4-19.1-7.47
Income taxes paid-1.1-0.28-4.22-0.02-4.15-9.89-7.22-5.6-4.02-3.99

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)-131.6%Net income / average total assets.

Growth

MetricValueHow it is calculated
Total assets growth, 1y101.9%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-20.0%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-22.7%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 ratio5.60xCurrent assets / current liabilities.
Quick ratio5.24x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio5.06x(Cash + short-term investments) / current liabilities.
Liabilities / assets18.5%Total liabilities / total assets.
Interest coverage-1.59xOperating income / interest expense.
Working capital£22.1MCurrent assets - current liabilities.
Goodwill and intangibles / assets7.4%(Goodwill + intangible assets) / total assets.

Per share

MetricValueHow it is calculated
EPS, diluted£0.00Net 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£0.00Net income per basic share, as reported (split-adjusted).
Was NuCana plc profitable in fiscal 2025?

No. It reported a net loss of £29.4M.

How much free cash flow did NuCana plc generate in fiscal 2025?

Cash from operations of £7.5M minus capital expenditures of £0.0 left free cash flow of -£7.5M.

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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