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Financial statements

XTL BIOPHARMACEUTICALS LTD financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data XTL BIOPHARMACEUTICALS 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

FY2015FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2024FY2024
Revenue0.45
Cost of revenue0.45
Gross profit0
Research and development0.580.440.040.040.040.040.030.030.030.1
General and administrative0.760.810.91
Operating income-3.61-2.56-1.25-0.79-0.84-0.95-1.03-0.88-0.77-2.17
Interest expense0.020.010.340.040.62.190.021.56
Interest income00.020.83.810.680.181.491.090.041.13
Pre-tax income-1.35-1.78-1.16
Income tax-0.13
Income from continuing operations-3.62-2.55-0.78
Net income to minority interests-4.31-2.55-0.782.99-1.35
Net income0-2.55-0.783.63-0.76-2.950.44-1.35-1.78-1.03
EBITDA-3.6-2.56-1.25
EPS, basic-0.01-0.00-0.000.00-0.00-0.010.00-0.00-0.00-0.00
EPS, diluted-0.01-0.00-0.000.00-0.00-0.010.00-0.00-0.00-0.00

Balance sheet

FY2015FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2024FY2024
Cash and equivalents3.822.023.293.264.463.632.972.091.40.37
Short-term investments2.272.413.161.63
Total current assets2.756.218.26.836.126.243.812.051.34
Property, plant and equipment0.010.19
Goodwill3.19
Intangible assets1.040.250.380.380.380.380.380.380.383.82
Total assets3.026.598.587.216.56.624.192.438.55
Short-term debt0.14
Total current liabilities0.330.30.212.21
Total liabilities0.332.971.30.72.891.290.190.213.12
Total debt0.14
Paid-in capital151146148146146
Retained earnings-155-156-153-153-156-155-156-158-159
Total equity4.892.693.627.276.523.615.3342.225.44
Total liabilities and equity3.026.598.587.216.56.624.192.438.55

Cash flow statement

FY2015FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2024FY2024
Net income-4.31-2.55-0.783.63-0.76-2.950.44-1.35-1.78-1.03
Depreciation and amortization0.0100
Cash from operations-1.86-1.73-1.13-0.82-0.91-0.85-1.05-0.9-0.71-1.62
Capital expenditures-0-0-0-0-0.05
Cash from investing-0.11-0.07-2.50.782.110.030.010.040.04-0.84
Debt repaid-0.01
Cash from financing3.584.890.391.45
Exchange rate effect-0-00-0-0.01-0.01-0.01-0.03-0.02
Net change in cash1.2-0.82-0.66-0.87-0.67-1.02
Free cash flow-1.86-1.73-0.91-0.85-1.67

Key metrics

Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $2.20 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin0.7%Gross profit / revenue.
Operating margin-481.6%Operating income / revenue.
Pre-tax margin-256.5%Pre-tax income / revenue.
Net margin-227.7%Net income / revenue.
FCF margin-370.7%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-358.8%Cash from operations / revenue.
Return on assets (ROA)-18.7%Net income / average total assets.
R&D / revenue21.7%Research and development expense / revenue.
Capex / revenue12.0%Capital expenditures / revenue.

Growth

MetricValueHow it is calculated
Total assets growth, 1y252.4%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y8.9%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y3.5%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 ratio0.61xCurrent assets / current liabilities.
Quick ratio0.17x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.17x(Cash + short-term investments) / current liabilities.
Debt / assets1.6%Total debt / total assets.
Liabilities / assets36.4%Total liabilities / total assets.
Net debt-$233.0KTotal debt - cash - short-term investments. Negative means more cash than debt.
Working capital-$867.0KCurrent assets - current liabilities.
Goodwill and intangibles / assets82.0%(Goodwill + intangible assets) / total assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.08xRevenue / average total assets.
Fixed asset turnover2.41xRevenue / average property, plant and equipment.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.00Net 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-$0.00Net income per basic share, as reported (split-adjusted).

Valuation

MetricValueHow it is calculated
Market cap$5.4MShare price x shares outstanding.
Enterprise value$5.2MMarket cap + total debt - cash - short-term investments.
P/S12.0xMarket cap / revenue.
EV/Sales11.5xEnterprise value / revenue.
FCF yield-30.9%Free cash flow / market cap.
Earnings yield-19.0%Net income / market cap (the inverse of P/E).
What was XTL BIOPHARMACEUTICALS LTD's revenue in fiscal 2024?

XTL BIOPHARMACEUTICALS LTD reported revenue of $451.0K for fiscal 2024.

Was XTL BIOPHARMACEUTICALS LTD profitable in fiscal 2024?

No. It reported a net loss of $1.0M.

How much free cash flow did XTL BIOPHARMACEUTICALS LTD generate in fiscal 2024?

Cash from operations of $1.6M minus capital expenditures of $54.0K left free cash flow of -$1.7M.

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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