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Financial statements

ProPhase Labs, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data ProPhase Labs, 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
Revenue4.219.8713.19.8814.579123356.774.35
Cost of revenue3.217.928.357.269.9137.15219.46.922.96
Gross profit11.954.782.624.614270.715.6-0.151.38
Research and development0.360.430.40.330.630.520.651.40.590.11
Selling and marketing1.70.71.111.041.29
General and administrative2.734.814.914.487.522.534.433.437.919.3
Operating expenses4.795.946.425.858.5832.247.136.838.519.4
Operating income-2.66-3.99-1.63-3.24-2.089.823.6-21.2-38.6-18
Interest expense0.210.050.31.150.761.283.356.93
Interest income00.180.170.130.060.640.150.080
Other non-operating income0.190.0500.01-0.02-0.17
Pre-tax income-4.01-3.66-1.47-3.11-2.315.3122.9-22.4-42.3-23.4
Income tax-1.420.10.01-0.974.45-6.027.20
Income from continuing operations-16.4-49.5-23.4
Net income-2.8740.6-1.74-3.15-2.136.2718.5-16.8-53.4-14.7
EBITDA-2.23-3.65-1.25-2.84-1.631328.3-15.2-32.4-13.2
EPS, basic-1.7426.68-1.53-2.76-1.844.1911.96-10.02-26.68-1.74
EPS, diluted-1.7426.48-1.53-2.76-1.844.0910.43-10.02-26.68-1.74
Shares, basic (weighted)1.671.521.111.131.131.481.551.6828.49
Shares, diluted (weighted)1.671.541.111.131.131.81.821.6828.49
Dividend per share3.07

Balance sheet

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents0.443.171.550.436.828.419.111.610.680.09
Short-term investments18.86.690.931.648.788.333.133.130
Receivables5.771.952.972.013.1637.737.135.820.11.54
Inventory2.741.531.91.463.044.63.982.291.140.07
Other current assets0.680.480.30.31.241.52.371.962.621.45
Total current assets9.6328.418.29.9515.961.360.847.630.63.15
Property, plant and equipment3.182.742.52.333.585.957.2910.37.52.03
Lease right-of-use assets4.734.44.064.574.120
Goodwill0.95.715.715.235.233.97
Intangible assets1.2310.98.4812.39.757.17
Other non-current assets0.240.611.161.160.310
Total assets12.833.720.712.331.489.387.691.963.259.9
Accounts payable2.160.560.440.433.777.035.918.6413.7
Accrued liabilities0.070.170.220.30.30.711.421.951.89
Deferred revenue0.210.10.172.032.52.381.71.5
Short-term debt03.21
Total current liabilities6.841.814.230.936.2915.516.120.932.153.1
Long-term debt0.0402.92
Lease liabilities4.44.24.264.243.760
Total liabilities6.841.814.231.0420.830.72442.555.856.4
Total debt02.92
Paid-in capital56.45859.560.261.7105109119130126
Retained earnings-19.720.94.53-1.51-3.632.6411.8-5.03-58.4-73.1
Treasury stock-30.7-47-47.5-47.5-47.5-48.4-58-64-64-49.6
Other comprehensive income-0.08-0.02-0-0.01-0.180.76-0.3-0.2-0.2
Shareholders' equity5.9631.816.511.210.658.663.649.47.353.51
Total equity5.9631.816.511.210.658.663.649.47.353.51
Total liabilities and equity12.833.720.712.331.489.387.691.963.259.9
Shares outstanding1.141.511.591.772.998.97

Cash flow statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-2.8740.6-1.74-3.15-2.136.2718.5-16.8-53.4-14.7
Depreciation and amortization0.430.340.380.40.453.234.726.056.194.83
Stock-based compensation00.080.630.741.463.183.993.543.641.89
Deferred income tax-116.10.14-2.29-0.14-7.077.150
Change in receivables-1.773.83-1.020.94-1.14-38.2-4.5-0.624.740.74
Change in inventory1.61.21-0.370.44-1.28-1.750.70.171.360.31
Change in payables1.17-1.59-0.13-0.013.342.45-1.122.865.07-0.72
Cash from operations-0.47-2.84-2.12-0.84-2.59-13.628.6-11.9-17.5-8.34
Capital expenditures-0.65-0.21-0.14-0.23-1.69-4.23-3.92-2.08-0.910
Acquisitions-2.5-9.070-2.90
Purchases of investments-31.7-13.4-3.14-4.56-21.5-6.78-3.820
Sales and maturities of investments12.911.18.9115.97.124.173.370
Cash from investing-0.6521.811.95.54-1.02-19.7-2.08-1.372.420.92
Debt issued10
Debt repaid-0.1
Stock issued1.510.34003.56
Share buybacks-16.3-0.92-2.15-0.590
Dividends paid-11.7-5.82-4.55-9.350
Cash from financing-0.1-16.2-11.4-5.829.9935.1-265.7614.26.84
Net change in cash-1.222.73-1.62-1.126.381.840.45-7.5-0.93-0.59
Free cash flow-1.12-3.05-2.26-1.07-4.28-17.924.6-14-18.4-8.34
Interest paid0.190.050.2510.760.933.111.16
Income taxes paid1.350.740.101.731.131.65

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 $0.01 on September 28, 2026.

Profitability

MetricValueHow it is calculated
Gross margin16.8%Gross profit / revenue.
Operating margin-404.5%Operating income / revenue.
EBITDA margin-320.1%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-568.1%Pre-tax income / revenue.
Net margin-583.9%Net income / revenue.
Operating cash flow margin-144.1%Cash from operations / revenue.
Return on assets (ROA)-39.1%Net income / average total assets.
Stock-based pay / revenue41.5%Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue84.4%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-35.8%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-67.2%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y-21.4%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit CAGR, 3y-73.0%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y-21.4%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y-52.3%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y-61.9%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-19.8%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-5.3%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-11.9%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y13.8%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y324.5%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y66.9%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, 5y49.6%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 ratio0.05xCurrent assets / current liabilities.
Quick ratio0.03x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.00x(Cash + short-term investments) / current liabilities.
Liabilities / assets105.4%Total liabilities / total assets.
Interest coverage-2.15xOperating income / interest expense.
Working capital-$55.3MCurrent assets - current liabilities.
Goodwill and intangibles / assets17.1%(Goodwill + intangible assets) / total assets.
Tangible book value-$13.0MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.07xRevenue / average total assets.
Fixed asset turnover2.76xRevenue / average property, plant and equipment.
Inventory turnover45.7xCost of revenue / average inventory.
Days inventory8 days365 x average inventory / cost of revenue.
Receivables turnover2.49xRevenue / average receivables.
Days sales outstanding146 days365 x average receivables / revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$1.60Net 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.
Revenue per share$0.27Revenue / diluted weighted shares.
Operating cash flow per share-$0.40Cash from operations / diluted weighted shares.
Book value per share-$0.22Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.92Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$155.9KShare price x shares outstanding.
Enterprise value$135.9KMarket cap + total debt - cash - short-term investments.
P/S0.04xMarket cap / revenue.
EV/Sales0.04xEnterprise value / revenue.
Earnings yield-14,406.0%Net income / market cap (the inverse of P/E).
What was ProPhase Labs, Inc.'s revenue in fiscal 2025?

ProPhase Labs, Inc. reported revenue of $4.3M for fiscal 2025, 35.8% lower than the year before.

Was ProPhase Labs, Inc. profitable in fiscal 2025?

No. It reported a net loss of $14.7M.

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

Cash from operations of $8.3M minus capital expenditures of $0.0 left free cash flow of -$8.3M.

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.

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