Invesaro

Stocks SLN Financial statements

Financial statements

Silence Therapeutics plc financial statements

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

FY2022FY2024FY2024FY2025
Revenue21.731.643.30.56
Cost of revenue13.512.911.80.22
Gross profit8.1918.831.40.34
Research and development43.656.967.967.8
General and administrative25.726.226.922.3
Operating income-61-64.4-63.3-91.1
Pre-tax income-49.6-53.3-44.5-88.6
Income tax0.690.960.850.01
Net income-50.3-54.2-45.3-88.6
EBITDA-60.7-64-63-90.8
EPS, basic-0.52-0.49-0.33-0.63
EPS, diluted-0.52-0.49-0.33-0.63
Shares, basic (weighted)96.6111139142
Shares, diluted (weighted)96.6111139142

Balance sheet

FY2022FY2024FY2024FY2025
Cash and equivalents68.812111.3
Short-term investments2673.8
Receivables0.290.970
Other current assets11.614.711.5
Total current assets103187119
Property, plant and equipment1.941.821.58
Lease right-of-use assets0.370.160.17
Goodwill9.689.989.3910.6
Intangible assets0.310.29
Other non-current assets3.653.590.13
Total assets119203131
Accounts payable3.353.74.41
Deferred revenue6.570.310.17
Total current liabilities22.316.813.6
Lease liabilities0.1200.07
Total liabilities97.568.669.1
Paid-in capital456610618
Retained earnings-432-474-563
Other comprehensive income-10.7-11.8-2.98
Shareholders' equity27.22213462.3
Total equity27.22213462.3
Total liabilities and equity119203131
Shares outstanding108119142142

Cash flow statement

FY2022FY2024FY2024FY2025
Net income-50.3-54.2-45.3-88.6
Depreciation and amortization0.380.370.340.31
Stock-based compensation12.716.316.38.07
Deferred income tax0.690.960.850.01
Change in receivables-0.720.39-0.91.02
Cash from operations-57-49.5-67.6-62.3
Capital expenditures-0.17-0.06-0.21-0.06
Cash from investing-20.519.3-22-48
Stock issued52.631.91420.02
Cash from financing52.631.91420.02
Exchange rate effect-8.120.750.060.2
Net change in cash-251.7752.5-110
Free cash flow-57.2-49.5-67.9-62.3
Income taxes paid-0.80.430.64

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 $11.20 on September 28, 2026.

Profitability

MetricValueHow it is calculated
Gross margin85.9%Gross profit / revenue.
Operating margin-11,107.0%Operating income / revenue.
EBITDA margin-11,058.0%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-9,748.0%Pre-tax income / revenue.
Net margin-9,748.0%Net income / revenue.
FCF margin-6,873.0%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-6,872.0%Cash from operations / revenue.
Return on equity (ROE)-155.8%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-56.3%Net income / average total assets.
R&D / revenue7,734.0%Research and development expense / revenue.
Stock-based pay / revenue1,009.0%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue0.5%Capital expenditures / revenue.
D&A / revenue49.3%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-98.7%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-70.4%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y-98.9%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y-65.2%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y-53.5%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y31.8%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y-35.1%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y2.1%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y13.6%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 ratio7.42xCurrent assets / current liabilities.
Quick ratio5.67x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio5.67x(Cash + short-term investments) / current liabilities.
Liabilities / assets63.8%Total liabilities / total assets.
Working capital$81.6MCurrent assets - current liabilities.
Goodwill and intangibles / assets9.7%(Goodwill + intangible assets) / total assets.
Tangible book value$28.1MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.01xRevenue / average total assets.
Fixed asset turnover0.46xRevenue / average property, plant and equipment.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.42Net 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$0.00Revenue / diluted weighted shares.
FCF per share-$0.30Free cash flow / diluted weighted shares.
Operating cash flow per share-$0.30Cash from operations / diluted weighted shares.
Book value per share$0.27Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.20Tangible book value / shares outstanding.
Cash per share$0.51(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$524.2MShare price x shares outstanding.
Enterprise value$452.1MMarket cap + total debt - cash - short-term investments.
P/S852xMarket cap / revenue.
P/B13.6xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book18.6xMarket cap / tangible book value, when positive.
EV/Sales735xEnterprise value / revenue.
FCF yield-8.1%Free cash flow / market cap.
Earnings yield-11.4%Net income / market cap (the inverse of P/E).
What was Silence Therapeutics plc's revenue in fiscal 2025?

Silence Therapeutics plc reported revenue of $559.0K for fiscal 2025, 98.7% lower than the year before.

Was Silence Therapeutics plc profitable in fiscal 2025?

No. It reported a net loss of $88.6M.

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

Cash from operations of $62.3M minus capital expenditures of $55.0K left free cash flow of -$62.3M.

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 Silence Therapeutics plc