Invesaro

Stocks PFSA Financial statements

Financial statements

Profusa, Inc. financial statements

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

FY2022FY2023FY2024FY2025
Revenue0.1
Research and development1.612.8
General and administrative2.9924.9
Operating expenses4.627.7
Operating income-1.27-1.51-4.5-27.7
Interest expense4.422.52
Interest income2.582.250.43
Other non-operating income8.943.13-4.73-8.12
Pre-tax income7.671.62-8.63
Income tax0.50.460.08
Net income7.171.16-9.23-35.8
EPS, basic72.8929.15-357.14-107.01
EPS, diluted72.8929.15-357.14-107.01
Shares, basic (weighted)0.020.020.030.33
Shares, diluted (weighted)0.020.020.030.33

Balance sheet

FY2022FY2023FY2024FY2025
Cash and equivalents0.1900.191.78
Other current assets0.320.010.070.54
Total current assets0.511.580.263.76
Property, plant and equipment0.01
Long-term investments10.9
Other non-current assets0.060
Total assets19510.93.073.78
Accounts payable4.957.35
Accrued liabilities0.450.453.975.98
Short-term debt0.2
Total current liabilities0.944.9257.122.3
Total liabilities1.835.0957.130.4
Paid-in capital5.75134
Retained earnings-0.62-3.46-125-161
Shareholders' equity-0.62-110-119-26.7
Total equity-0.62-110-119-26.7
Total liabilities and equity19510.93.073.78
Shares outstanding0.020.020.030.01

Cash flow statement

FY2022FY2023FY2024FY2025
Net income7.171.16-9.23-35.8
Stock-based compensation0.020.89
Deferred income tax-3.31-5.53
Change in payables0.653.56
Cash from operations-0.58-2.06-2.07-16.2
Capital expenditures-0.01
Cash from investing0.031862.97-2.01
Debt repaid-1.92
Stock issued7.7
Share buybacks-185-3.25
Cash from financing-1842.1219.8
Net change in cash-0.55-0.190.051.59
Free cash flow-16.3
Interest paid0.3
Income taxes paid0.910.170

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 $1.69 on September 28, 2026.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)-4,124.0%Net income / average total assets.

Growth

MetricValueHow it is calculated
Total assets growth, 1y22.8%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-73.1%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y1,195.0%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y150.2%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.03xCurrent assets / current liabilities.
Quick ratio0.03x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.03x(Cash + short-term investments) / current liabilities.
Liabilities / assets2,703.0%Total liabilities / total assets.
Interest coverage-137xOperating income / interest expense.
Working capital-$27.3MCurrent assets - current liabilities.
Tangible book value-$27.1MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$745.02Net 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-$352.49Cash from operations / diluted weighted shares.
Book value per share-$205.03Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$205.03Tangible book value / shares outstanding.
Cash per share$5.43(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$1.0MShare price x shares outstanding.
Enterprise value$304.7KMarket cap + total debt - cash - short-term investments.
Earnings yield-4,198.0%Net income / market cap (the inverse of P/E).
Was Profusa, Inc. profitable in fiscal 2025?

No. It reported a net loss of $35.8M.

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

Cash from operations of $16.2M minus capital expenditures of $8.0K left free cash flow of -$16.3M.

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.

Open interactive statements, quarterly figures and charts

Back to Profusa, Inc.