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Financial statements

ORAMED PHARMACEUTICALS INC. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data ORAMED PHARMACEUTICALS 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
Revenue0.642.462.452.72.712.72.71.342
Cost of revenue0.490.19-0.090.091.99
Gross profit0.152.272.542.610.01
Research and development7.7110.31213.510.22127.68.976.326.38
General and administrative2.452.764.083.724.235.9413.88.436.468.72
Operating income-10-10.8-13.5-14.6-11.8-24.2-40.6-15.8-12.8-15.1
Interest expense2.040.85
Interest income0.10.014.982.37
Other non-operating income2.9322.9-2.2989.5
Pre-tax income-9.63-10.1-12.7-14.1-11.55.31-37.75.09-15.975.3
Income tax1.340.40.30.13.1811.3
Net income to minority interests-1.20.44-0.04-0.03
Net income-11-10.5-12.7-14.4-11.5-23-36.65.09-19.164.1
EBITDA-10-10.8-13.5-14.6-11.8-24.1-40.5-15.6-12.6-15
EPS, basic0.870.790.860.820.560.78-0.940.14-0.481.53
EPS, diluted0.870.790.860.820.560.78-0.940.14-0.481.50
Shares, basic (weighted)12.613.314.917.520.528.53940.340.941.4
Shares, diluted (weighted)12.613.314.917.520.528.53940.640.942.4
Dividend per share0.25

Balance sheet

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents3.913.9753.3319.377.240.59.0654.445.9
Short-term investments2.862.864.593.73.35.853.7457.73.445.42
Other current assets0.20.160.571.040.611.390.541.292.74
Total current assets31.220.33133.340.595.3157163143133
Property, plant and equipment0.020.020.020.020.10.40.820.870.70.59
Lease right-of-use assets0.120.080.530.990.690.410.75
Long-term investments0013.51.33.936.692.71.813.528.37
Other non-current assets0.030.030.04
Total assets42.838.747.434.744.6128162221155231
Accounts payable1.412.722.062.541.73.794.160.550.790.44
Accrued liabilities0.530.610.41.08
Deferred revenue2.162.452.452.72.71.341.35
Short-term debt2.452.751
Total current liabilities3.625.174.555.314.546.685.7553.25.6919.1
Lease liabilities0.030.40.650.340.160.54
Other non-current liabilities0.390.440.310.270.210.060.06
Total liabilities16.619.516.315.311.811.510.557.79.9331.1
Total debt11.49.6612.50.03
Paid-in capital71.975.299.4100125230314321322323
Retained earnings-46-56.5-69.2-81.1-92.6-115-163-158-177-123
Other comprehensive income0.110.40.7
Shareholders' equity26.219.231.119.432.9116152164146200
Minority interests0.74-0.66-0.93-0.92
Total equity26.219.231.119.432.9117151163145200
Total liabilities and equity42.838.747.434.744.6128162221155231
Shares outstanding13.213.717.417.423.735.339.640.339.939.3

Cash flow statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-11-10.5-12.7-14.4-11.5-23-37.85.53-19.164
Depreciation and amortization00.010.010.010.010.080.060.20.190.12
Stock-based compensation0.631.581.550.810.472.711.54.214.055.99
Deferred income tax7.91
Change in payables-2.233.531.13
Cash from operations4.66-5.83-14.7-12.9-12.4-21.2-27.9-10.3-8.41-9.15
Capital expenditures-0.01-0.01-0.01-0.02-0.08-0.38-0.5-0.25-0.02-0.01
Purchases of investments-7.01-3.56-7.1-25-27.2-18.5-152-99.6-1.31-9.85
Sales and maturities of investments564.539.6
Cash from investing-164.3-711.34.63-23.830.2-731065.44
Debt repaid-50-49.6
Stock issued10.60.0321.710.611.52.43
Share buybacks-2.48-4.74
Cash from financing121.5922.723.810310.852-52-4.74
Exchange rate effect0.010.010.030.01-0.010-0.06-0.05-0-0.03
Net change in cash0.690.061.03-1.671657.913-31.445.4-8.47
Free cash flow4.65-5.84-14.7-13-12.5-21.6-28.4-10.5-8.43-9.15
Interest paid0.572.32
Income taxes paid0.40.30.561.842.323.32

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 $4.73 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Effective tax rate20.6%Income tax / pre-tax income, when pre-tax income is positive.
Return on assets (ROA)47.3%Net income / average total assets.

Growth

MetricValueHow it is calculated
Revenue CAGR, 3y-9.6%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y-5.9%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS CAGR, 5y21.8%Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y36.6%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y9.6%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y43.5%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y48.7%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y12.6%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y38.9%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y3.8%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y2.8%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, 5y15.6%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 ratio4.98xCurrent assets / current liabilities.
Quick ratio1.50x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio1.50x(Cash + short-term investments) / current liabilities.
Liabilities / assets14.1%Total liabilities / total assets.
Working capital$42.7MCurrent assets - current liabilities.

Efficiency

MetricValueHow it is calculated
FCF conversion-3.0%Free cash flow / net income, when net income is positive.

Per share

MetricValueHow it is calculated
EPS, diluted$4.11Net 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.
FCF per share-$0.12Free cash flow / diluted weighted shares.
Operating cash flow per share-$0.12Cash from operations / diluted weighted shares.
Cash per share$0.39(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$196.8MShare price x shares outstanding.
Enterprise value$180.7MMarket cap + total debt - cash - short-term investments.
P/E1.13xMarket cap / net income. Only when net income is positive.
FCF yield-2.7%Free cash flow / market cap.
Earnings yield88.9%Net income / market cap (the inverse of P/E).
What was ORAMED PHARMACEUTICALS INC.'s revenue in fiscal 2025?

ORAMED PHARMACEUTICALS INC. reported revenue of $2.0M for fiscal 2025.

Was ORAMED PHARMACEUTICALS INC. profitable in fiscal 2025?

Yes. Net income was $64.1M, a net margin of 3,202.5%.

How much free cash flow did ORAMED PHARMACEUTICALS INC. generate in fiscal 2025?

Cash from operations of $9.1M minus capital expenditures of $9.0K left free cash flow of -$9.2M.

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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