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Financial statements

ONCOLYTICS BIOTECH INC financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data ONCOLYTICS BIOTECH 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

FY2017FY2017FY2025FY2025
Revenue06.18
Research and development15.413.3
General and administrative10.115.4
Operating expenses25.528.7
Operating income-25.5-28.7
Interest income0.980.39
Other non-operating income2.840.05
Pre-tax income-22.7-28.7
Income tax0.10.08
Net income-22.8-28.8
EBITDA-25.5-28.7
EPS, basic-0.30-0.30
EPS, diluted-0.30-0.30
Shares, basic (weighted)76.595.9
Shares, diluted (weighted)76.595.9

Balance sheet

FY2017FY2017FY2025FY2025
Cash and equivalents11.15.2
Other current assets1.311.07
Total current assets12.46.84
Property, plant and equipment0.290.23
Lease right-of-use assets0.70.51
Total assets13.47.58
Accounts payable0.763.5
Accrued liabilities2.572.33
Total current liabilities4.896.1
Lease liabilities0.560.37
Total liabilities10.111.4
Paid-in capital398419
Retained earnings-401-429
Other comprehensive income6.366.23
Shareholders' equity3.3-3.8
Total equity3.3-3.8
Total liabilities and equity13.47.58
Shares outstanding80108

Cash flow statement

FY2017FY2017FY2025FY2025
Net income-22.8-28.8
Depreciation and amortization0.090.07
Stock-based compensation1.983.1
Deferred income tax00
Change in payables02.93
Cash from operations-19.9-20.1
Capital expenditures-0.17-0.01
Cash from investing-0.17-0.01
Stock issued00.03
Cash from financing5.0314.1
Exchange rate effect-0.290.12
Net change in cash-15.3-5.88
Free cash flow-20.1-20.1
Income taxes paid0.130.07

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $0.68 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)-273.9%Net income / average total assets.

Growth

MetricValueHow it is calculated
Book value growth, 1y-215.2%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-43.5%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y25.3%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.12xCurrent assets / current liabilities.
Quick ratio0.85x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.85x(Cash + short-term investments) / current liabilities.
Liabilities / assets150.1%Total liabilities / total assets.
Working capital$743.0KCurrent assets - current liabilities.
Tangible book value-$3.8MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.30Net 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-$0.30Net income per basic share, as reported (split-adjusted).
FCF per share-$0.21Free cash flow / diluted weighted shares.
Operating cash flow per share-$0.21Cash from operations / diluted weighted shares.
Book value per share-$0.04Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.04Tangible book value / shares outstanding.
Cash per share$0.05(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$87.1MShare price x shares outstanding.
Enterprise value$81.9MMarket cap + total debt - cash - short-term investments.
FCF yield-23.1%Free cash flow / market cap.
Earnings yield-33.0%Net income / market cap (the inverse of P/E).
Was ONCOLYTICS BIOTECH INC profitable in fiscal 2025?

No. It reported a net loss of $28.8M.

How much free cash flow did ONCOLYTICS BIOTECH INC generate in fiscal 2025?

Cash from operations of $20.1M minus capital expenditures of $6.0K left free cash flow of -$20.1M.

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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