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Financial statements

Tiziana Life Sciences Ltd financial statements

Income statement, balance sheet and cash flow statement for the last 9 fiscal years, taken from the XBRL data Tiziana Life Sciences Ltd 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

FY2016FY2018FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Research and development4.016.025.513.715.9913.2138.115.23
Operating income-9.88-10.5-9.87-9.92-28-27.4-14.6-18-15.8
Interest expense0.010.010.010.090.880.411.77
Interest income00.010.031.150.81
Pre-tax income-9.89-10.5-9.88-10-28.3-26.7-15.4-17.2-16.7
Income tax-0.12-1.91-1.95-2.21-2.21-3.240.45-4.88
Net income-9.77-8.59-7.93-9.32-26.1-23.4-15.4-17.7-11.9
EPS, basic-11.35-8.59-0.06-0.07-0.16-0.24-0.15-0.17-0.11
EPS, diluted-0.11-0.09-0.06-0.07-0.16-0.24-0.15-0.17-0.11

Balance sheet

FY2016FY2018FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Cash and equivalents5.80.065.30.265.842.218.11.183.72
Total current assets2.456.911.5170.248.724.37.347.51
Property, plant and equipment0.020.010.0100.020.020.010.02
Lease right-of-use assets0.430.360.370.280.17
Intangible assets0.120.13
Total assets2.476.922.3870.748.826.512.211.3
Accounts payable2.144.425.956.45.596.186.536.397.23
Total current liabilities4.756.47.357.987.556.666.547.35
Lease liabilities0.540.290.240.11
Total liabilities4.756.47.898.277.556.916.657.35
Total debt0.280.290.30.310.32
Paid-in capital31.339.839.911215.615.616.523.1
Retained earnings-42.6-50.7-60-84.6-108-116-134-145
Total equity4.09-2.2875.869.662.441.319.65.543.94
Total liabilities and equity2.476.922.3870.748.826.512.211.3

Cash flow statement

FY2016FY2018FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Net income-9.77-8.59-7.93-9.32-26.1-23.4-15.4-17.7-11.9
Cash from operations-7.53-4.6-6.8-11.3-21.8-19.6-15.7-1.53
Capital expenditures-0.05-0-0-0-0.02-0.02
Cash from investing-0.34-0-0-0.120.13-4-1.25-0.07
Debt issued0.961.880.16
Stock issued0.611.549.92
Cash from financing1.581.5410.11.6875.3-0.02-0.060.044.51
Exchange rate effect-1.630.25-0.250.021.74-1.98-0.4-0.03-0.37
Free cash flow-7.53-6.8-11.3-21.8-1.55
Income taxes paid-2.79-1.02-1.42-0.49

Key metrics

Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $1.01 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)-101.1%Net income / average total assets.

Growth

MetricValueHow it is calculated
Total assets growth, 1y-7.4%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-38.6%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y36.5%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.02xCurrent assets / current liabilities.
Quick ratio0.51x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.51x(Cash + short-term investments) / current liabilities.
Liabilities / assets65.1%Total liabilities / total assets.
Interest coverage-8.94xOperating income / interest expense.
Working capital$160.0KCurrent assets - current liabilities.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.11Net 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.
EPS, basic-$0.11Net income per basic share, as reported (split-adjusted).

Valuation

MetricValueHow it is calculated
Market cap$128.5MShare price x shares outstanding.
Enterprise value$124.8MMarket cap + total debt - cash - short-term investments.
FCF yield-1.2%Free cash flow / market cap.
Earnings yield-9.2%Net income / market cap (the inverse of P/E).
Was Tiziana Life Sciences Ltd profitable in fiscal 2024?

No. It reported a net loss of $11.9M.

How much free cash flow did Tiziana Life Sciences Ltd generate in fiscal 2024?

Cash from operations of $1.5M minus capital expenditures of $19.0K left free cash flow of -$1.5M.

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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