MESOBLAST LTD (MESO)
Mesoblast Limited is a biopharmaceutical firm dedicated to the development and commercialization of allogeneic cell-based therapies. Its global presence extends across the United States, Australia, Singapore, the United Kingdom, and Switzerland. The company addresses a broad spectrum of medical conditions, including cardiovascular, spinal orthopedic disorders, oncology, hematology, and immune-mediated and inflammatory diseases. At the core of its innovation is a proprietary regenerative medicine platform utilizing specialized mesenchymal lineage cells. Currently, several of Mesoblast's leading product candidates are undergoing Phase III clinical trials: remestemcel-L, designed for severe, steroid-refractory acute graft versus host disease and acute respiratory distress syndrome associated with COVID-19; Rexlemestrocel-L, aimed at advanced chronic heart failure; and MPC-06-ID, intended for chronic low back pain stemming from degenerative disc disease. Additionally, MPC-300-IV is being developed for biologic-refractory rheumatoid arthritis and diabetic nephropathy. The company has cultivated strategic partnerships to advance its pipeline and market reach. These collaborations include Tasly Pharmaceutical Group for the distribution of MPC-150-IM (heart failure) and MPC-25-IC (heart attacks) in China; JCR Pharmaceuticals Co. Ltd. for therapies addressing wound healing in patients with epidermolysis bullosa; and Grünenthal for the development and commercialization of cell therapy solutions for chronic low back pain. Mesoblast Limited was established in 2004 and maintains its headquarters in Melbourne, Australia.
Sector: Biological Products, (No Diagnostic Substances)
Industry: Biotechnology
Mesoblast Limited
NASDAQ:MESOHealthcare · Biotechnology
-3.25%$15.16
AH$15.30+0.92%vs close
Mkt Cap$1.97B
Float83.38M
O/S129.85M
Vol
$ Vol
RVOL
Inst Own3.0%
SI3.9%
Earnings
Dilution
Financials Summary
Revenue$120.79M
Net Income-$57.76M
Total Assets$773.08M
Free Cash Flow-$44.73M
Debt & Equity
Debt 18%
Equity 82%
Total Debt$127.33M
Total Equity$568.4M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:2Reverse splitJan 10, 20242 shares → 1
Balance Sheet Details
Assets$773.08M
Liabilities$204.67M
Accounts Receivable$57.66M
Accounts Payable$34.51M
Inventory$28.11M
PP&E (Net)$8.01M
Goodwill$134.45M
Intangible Assets$431.92M
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2012-06-30 | 2011-06-30 | 2010-06-30 | 2009-06-30 | 2008-06-30 | 2007-06-30 | 2006-06-30 | 2005-06-30 |
| Revenue | $120.79M | $17.2M | $5.9M | $7.5M | $10.21M | $7.46M | $32.16M | $16.72M | $17.34M | $2.41M | $42.55M | $23.75M | $25.98M | $28.79M | $38.28M | $120.92M | $6K | $891K | $910K | $1.68M | $2.82M | $503K |
| YoY Growth | 602.3% | 191.4% | -21.3% | -26.5% | 37.0% | -76.8% | 92.3% | -3.6% | 618.9% | -94.3% | 79.2% | -8.6% | -9.7% | -24.8% | -68.3% | 2198468.8% | -99.4% | -2.1% | -45.8% | -40.5% | 461.1% | - |
| Cost of Revenue | $19.21M | $5.13M | $41.07M | $54.92M | $63.57M | $85.73M | $81.5M | $75.17M | $5.51M | $12.06M | $29.76M | $23.78M | $25.43M | $21.27M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $101.58M | $12.07M | -$35.17M | -$47.42M | -$53.36M | -$78.28M | -$49.34M | -$58.45M | $11.83M | -$9.65M | $12.79M | -$35K | $546K | $7.52M | $38.28M | $120.92M | $6K | $891K | $910K | $1.68M | $2.82M | $503K |
| Gross Margin | 84.1% | 70.2% | -595.9% | -632.2% | -522.6% | -1049.8% | -153.4% | -349.5% | 68.2% | -400.2% | 30.0% | -0.1% | 2.1% | 26.1% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and Development | $97.94M | $34.81M | $25.35M | $27.19M | $32.81M | $53.01M | $56.19M | $59.81M | $65.93M | $58.91M | $50.01M | $77.59M | $55.3M | $43.11M | $36.94M | $15.31M | $7.57M | $7.15M | $6.21M | $4.58M | $5.36M | $492K |
| Selling, General, and Administrative | $55.13M | $39.31M | $23.63M | $53.11M | $57.97M | $63.59M | $50.92M | $36.98M | $27.41M | $35.07M | $52.26M | $65.38M | $54.17M | $51.68M | $28.05M | $11.84M | $3.57M | $3.17M | $2.64M | $4.11M | $3.75M | $998K |
| Other | $0 | $395K | $0 | $0 | $30.76M | $32.65M | $25.23M | $15.48M | -$1.31M | $10.53M | $25.92M | $122K | $16.49M | $15.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $153.08M | $74.51M | $48.98M | $76.79M | $90.78M | $115.06M | $107.56M | $97.88M | $92.03M | $92.5M | $98.44M | $137.14M | $98.36M | $88.86M | $64.99M | $27.16M | $11.13M | $10.32M | $8.85M | $8.69M | $9.11M | $1.49M |
| Operating Income (EBIT) | -$51.5M | -$62.44M | -$84.15M | -$69.29M | -$80.57M | -$109.1M | -$74.87M | -$80.2M | -$77.34M | -$90.04M | -$55.89M | -$113.39M | -$72.38M | -$60.08M | -$48.72M | $93.76M | -$10.39M | -$9.43M | -$7.94M | -$7.01M | -$6.28M | -$987K |
| Operating Margin | -42.6% | -363.1% | -1425.7% | -923.7% | -789.1% | -1463.2% | -232.8% | -479.6% | -446.0% | -3733.1% | -131.4% | -477.5% | -278.6% | -208.7% | -127.3% | 77.5% | -188851.8% | -1058.6% | -872.7% | -417.6% | -222.7% | -196.2% |
| Interest Expense | $23.95M | $22.93M | $20.66M | $19.44M | $17.29M | $10.71M | $14.72M | $11.7M | $1.83M | $0 | $0 | $10.53M | $4.33M | $0 | $289 | $15K | $0 | $0 | $0 | $542 | $110K | $107K |
| Interest Income | $3.93M | $3.55M | $1.82M | $831K | $0 | $0 | $542K | $719K | $366K | $468K | $1.08M | $0 | $0 | $0 | $0 | $0 | $740K | $704K | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$5.64M | -$39.37M | -$4M | -$12.81M | -$10.48M | $9.47M | -$12.48M | -$18.34M | $9.24M | -$173K | -$34.93M | -$4.45M | -$3.15M | $0 | -$289 | -$1.52M | -$4.39M | -$2.86M | -$2.12M | -$1.71M | -$2.01M | -$484K |
| Income Before Tax (EBT) | -$57.14M | -$101.81M | -$88.15M | -$82.1M | -$91.59M | -$99.63M | -$87.36M | -$98.75M | -$65.98M | -$90.22M | -$90.82M | -$119.37M | -$80.95M | -$60.08M | -$48.72M | $92.24M | -$14.78M | -$12.29M | -$10.06M | -$8.73M | -$8.3M | -$1.47M |
| Income Tax Expense | $616K | $330K | -$191K | -$212K | -$239K | -$819K | -$9.41M | -$8.96M | -$30.69M | -$13.4M | -$86.69M | $6.1M | $5K | $1.58M | $22.42M | $1.63M | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$57.76M | -$102.14M | -$87.96M | -$81.89M | -$91.35M | -$98.81M | -$77.94M | -$89.8M | -$35.29M | -$76.81M | -$4.13M | -$119.37M | -$80.96M | -$61.66M | -$71.15M | $90.61M | -$14.78M | -$12.29M | -$10.06M | -$8.73M | -$8.3M | -$1.47M |
| Net Income Margin | -47.8% | -593.9% | -1490.3% | -1091.7% | -894.6% | -1325.3% | -242.4% | -537.0% | -203.5% | -3184.7% | -9.7% | -502.6% | -311.6% | -214.2% | -185.9% | 74.9% | -268743.5% | -1379.3% | -1106.0% | -519.7% | -294.1% | -292.4% |
| Supplementary Data | ||||||||||||||||||||||
| EPS | -0.45 | -0.84 | -0.89 | -0.98 | -1.30 | -1.60 | -1.50 | -1.80 | -0.76 | -1.40 | -0.08 | -2.20 | -1.50 | -1.10 | -1.30 | 4.10 | -0.27 | -0.23 | -0.19 | -0.16 | -0.15 | -0.03 |
| Diluted EPS | -0.45 | -0.84 | -0.89 | -0.98 | -1.30 | -1.60 | -1.50 | -1.80 | -0.76 | -1.40 | -0.08 | -2.20 | -1.50 | -1.10 | -1.30 | 3.90 | -0.27 | -0.23 | -0.19 | -0.16 | -0.15 | -0.03 |
| Weighted Average OS | 129.49M | 120.78M | 98.67M | 83.77M | 68.27M | 60.51M | 52.88M | 49.44M | 46.56M | 53.77M | 53.77M | 53.77M | 53.77M | 53.77M | 53.77M | 53.77M | 53.77M | 53.77M | 53.77M | 53.77M | 53.77M | 53.77M |
| EBITDA | -$42.88M | -$73.66M | -$53.31M | -$58.55M | -$76.57M | -$84.65M | -$68.97M | -$84.53M | -$74.69M | -$87.16M | -$28.07M | -$90.19M | -$67.01M | -$59.31M | -$48.34M | $92.44M | -$10.97M | -$9.31M | -$7.78M | -$6.95M | -$8.14M | -$1.34M |
| EBITDA Margin | -35.5% | -428.3% | -903.2% | -780.6% | -749.9% | -1135.4% | -214.5% | -505.5% | -430.7% | -3613.5% | -66.0% | -379.8% | -257.9% | -206.0% | -126.3% | 76.4% | -199515.4% | -1045.1% | -855.4% | -413.9% | -288.6% | -267.3% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2012-06-30 | 2011-06-30 | 2010-06-30 | 2009-06-30 | 2008-06-30 | 2007-06-30 | 2006-06-30 | 2005-06-30 |
| Assets | ||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||
| Cash and Cash Equivalents | $47.39M | $161.16M | $62.56M | $70.92M | $60.03M | $136.88M | $129.33M | $50.43M | $37.76M | $45.76M | $21.86M | $27.51M | $3.83M | $7.88M | $206.75M | $263.23M | $32.05M | $16.53M | $14.09M | $12.06M | $7.85M | $15.09M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $47.39M | $161.16M | $62.56M | $70.92M | $60.03M | $136.88M | $129.33M | $50.43M | $37.76M | $45.76M | $21.86M | $27.51M | $3.83M | $7.88M | $206.75M | $263.23M | $32.05M | $16.53M | $14.09M | $12.06M | $7.85M | $15.09M |
| Accounts Receivable | $57.66M | $14.87M | $20.95M | $7M | $4.4M | $4.59M | $1.32M | $1.74M | $46.28M | $1.29M | $715K | $136K | $427K | $14K | $10.67M | $2.1M | $1.38M | $305K | $124K | $510K | $88K | $201K |
| Inventory | $28.11M | $22.25M | $0 | $0 | $0 | -$252K | -$252K | -$250K | -$43.74M | $13.86M | $59.08M | $116.64M | $192.57M | $308.42M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $55.52M | $393K | $397K | $398K | $413K | $451K | $412K | $421K | $542K | $38.04M | $59.08M | $89.44M | $192.14M | $310.91M | $204.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $197.49M | $204.35M | $86.46M | $81.66M | $69.84M | $148.23M | $136.55M | $62.52M | $101.07M | $63.61M | $88.82M | $159.45M | $203.75M | $331.84M | $217.74M | $265.49M | $33.52M | $16.92M | $14.3M | $12.59M | $8.04M | $15.33M |
| Long-Term Assets | ||||||||||||||||||||||
| Property, Plant & Equipment Net | $8.01M | $5.82M | $3.84M | $6.49M | $9.96M | $12.14M | $10.27M | $826K | $1.08M | $1.81M | $3.06M | $5.73M | $4.68M | $2.76M | $2M | $610K | $224K | $246K | $198K | $158K | $38K | $28K |
| Goodwill | $134.45M | $134.45M | $134.45M | $134.45M | $134.45M | $134.45M | $134.45M | $134.45M | $134.45M | $134.45M | $134.45M | $175.07M | $140.52M | $127.69M | $116.21M | $109.74M | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $431.92M | $437.37M | $441.28M | $442.73M | $444.2M | $446.09M | $447.15M | $448.67M | $450.15M | $451.9M | $453.37M | $671.6M | $547.39M | $420.15M | $381.01M | $365.59M | $439K | $482K | $526K | $818K | $806K | $705K |
| Long-Term Investments | $0 | $1.39M | $1.01M | $1.76M | $1.76M | $2.08M | $1.87M | $2.32M | $2.32M | $2M | $1.97M | $3M | $0 | $0 | -$1.16M | $0 | $5.33M | $9.33M | $12.76M | $7.67M | $7.5M | $5.41M |
| Deferred Tax Assets | $0 | $0 | $0 | $1.84M | $252K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.5M | $21.82M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $1.2M | $1.3M | $2.1M | $481K | $1.68M | $1.72M | $3.31M | $3.32M | $3.36M | $1.92M | $2.34M | $3.08M | $2.98M | $1.28M | $1.16M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $575.59M | $580.33M | $582.69M | $587.76M | $592.3M | $596.49M | $597.05M | $589.59M | $591.37M | $592.08M | $595.2M | $858.47M | $695.57M | $551.87M | $502.72M | $497.76M | $6M | $10.05M | $13.49M | $8.64M | $8.35M | $6.14M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $773.08M | $784.68M | $669.15M | $669.41M | $662.14M | $744.72M | $733.6M | $652.12M | $692.44M | $655.69M | $684.02M | $1.02B | $899.31M | $883.71M | $720.46M | $763.25M | $39.51M | $26.98M | $27.79M | $21.24M | $16.38M | $21.47M |
| Liabilities | ||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||
| Accounts Payable | $34.51M | $19.08M | $7.07M | $20.14M | $23.08M | $19.6M | $24.97M | $13.06M | $18.92M | $21.8M | $27.16M | $28.24M | $20.72M | $20.78M | $11.57M | $3.04M | $1.07M | $1.04M | $1.43M | $458K | $2.33M | $206K |
| Short-Term Debt | $10.6M | $54.16M | $13.86M | $5.95M | $5.02M | $53.2M | $32.45M | $14.01M | $0 | $0 | $0 | $0 | $5.69M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $6.4M | $17.91M | -$55.97M | -$35.97M | -$14.01M | $0 | $0 | $0 | $19.54M | $15.93M | $16.18M | $28.21M | $27.13M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $20.68M | $26.71M | $49.69M | $5.43M | $2.19M | $18.71M | $29.2M | $17.26M | $5.08M | $14.87M | $2.26M | $34.79M | $337K | $13.1M | $4.31M | $0 | -$15K | $0 | $0 | $0 | -$2.03M | $1.89M |
| Total Current Liabilities | $81.11M | $102.63M | $73.24M | $41.98M | $51.37M | $94.27M | $90.14M | $44.33M | $24M | $36.67M | $29.41M | $63.03M | $42.67M | $50.59M | $44.49M | $30.8M | $1.6M | $1.19M | $1.57M | $699K | $4.42M | $2.2M |
| Long-Term Liabilities | ||||||||||||||||||||||
| Long-Term Debt | $108.64M | $67.74M | $100.48M | $102.81M | $91.62M | $41.05M | $57.02M | $67.28M | $59.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$60.55M | $0 | $0 | $29.3M | $39.82M | $56.62M | $56.36M | $81.33M | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $730K | $11.12M | $20.08M | $49.29M | $62.69M | $194.51M | $158.59M | $146.04M | $132.91M | $127.82M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $9.86M | $13.29M | $13.12M | $19.11M | $15.02M | $19.52M | $30.06M | $48.33M | $63.03M | $52.96M | $63.75M | $121.72M | $86.52M | $203K | $7.84M | $7.46M | $15K | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $123.56M | $84.61M | $115.56M | $125.59M | $113.72M | $69.05M | $94.13M | $126.73M | $122.43M | $102.25M | $126.44M | $345.54M | $284.92M | $202.86M | $197.11M | $216.61M | $15K | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$15K | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $204.67M | $187.24M | $188.8M | $167.58M | $165.1M | $163.32M | $184.28M | $171.06M | $146.44M | $138.92M | $155.86M | $408.57M | $327.6M | $253.45M | $241.61M | $247.41M | $1.6M | $1.19M | $1.57M | $699K | $4.42M | $2.2M |
| Stockholders' Equity | ||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1.53B | $1.51B | $1.31B | $1.25B | $1.17B | $1.16B | $1.05B | $910.4M | $889.48M | $830.42M | $770.27M | $737.26M | $677.09M | $654.46M | $485M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$1.07B | -$1.01B | -$908.76M | -$820.8M | -$738.92M | -$647.57M | -$548.76M | -$469.99M | -$380.19M | -$344.9M | -$268.09M | -$298.15M | -$178.78M | -$97.83M | -$36.16M | $34.98M | -$55.63M | -$40.84M | -$28.56M | -$18.5M | -$9.77M | -$1.47M |
| Comprehensive Income & Other | $106.03M | $99.5M | $78.3M | $73.52M | $70.65M | $65.81M | $46.63M | $40.64M | $36.72M | $31.24M | $25.98M | $170.25M | $73.42M | $73.64M | $30.01M | $3.75M | $5.6M | $4.17M | $3.76M | $1.61M | $1.07M | $66K |
| Other Stockholders' Equity | $106.03M | $99.5M | $78.3M | $73.52M | $70.65M | $65.81M | $46.63M | $40.64M | $36.72M | $31.24M | $25.98M | $170.25M | $73.42M | $73.64M | $30.01M | $480.86M | $93.55M | $66.63M | $54.78M | $39.04M | $21.73M | $20.73M |
| Total Equity | $568.4M | $597.44M | $480.36M | $501.84M | $497.04M | $581.4M | $549.33M | $481.05M | $546.01M | $516.77M | $528.16M | $609.36M | $571.72M | $630.27M | $478.85M | $515.84M | $37.92M | $25.79M | $26.22M | $20.54M | $11.97M | $19.26M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $773.08M | $784.68M | $669.15M | $669.41M | $662.14M | $744.72M | $733.6M | $652.12M | $692.44M | $655.69M | $684.02M | $1.02B | $899.31M | $883.71M | $720.46M | $763.25M | $39.51M | $26.98M | $27.79M | $21.24M | $16.38M | $21.47M |
| Supplementary Data | ||||||||||||||||||||||
| Total Debt | $127.33M | $128.16M | $118.92M | $116.5M | $106.91M | $105.5M | $99.31M | $81.29M | $59.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | $79.94M | -$33M | $56.36M | $45.58M | $46.87M | -$31.39M | -$30.01M | $30.86M | $21.63M | -$45.76M | -$21.86M | -$27.51M | -$3.83M | -$7.88M | -$206.75M | -$263.23M | -$32.05M | -$16.53M | -$14.09M | -$12.06M | -$7.85M | -$15.09M |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-06-30 | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 | 2018-06-30 | 2017-06-30 | 2016-06-30 | 2015-06-30 | 2014-06-30 | 2013-06-30 | 2012-06-30 | 2011-06-30 | 2010-06-30 | 2009-06-30 | 2008-06-30 | 2007-06-30 | 2006-06-30 | 2005-06-30 |
| Operating Activities | ||||||||||||||||||||||
| Net Income | $0 | -$102.14M | -$87.96M | -$81.89M | -$91.35M | -$98.81M | -$77.94M | -$89.8M | -$35.29M | -$76.81M | -$4.13M | -$119.37M | -$80.96M | -$61.66M | -$71.15M | $90.61M | -$14.78M | -$12.29M | -$10.06M | -$8.73M | -$8.3M | -$1.47M |
| Depreciation & Amortization | $8.62M | $6.4M | $4.67M | $4.11M | $4.38M | $4.26M | $3.67M | $2.14M | $2.65M | $3.06M | $2.19M | $1.96M | $1.12M | $772K | $379K | $179K | $153K | $120K | $157K | $63K | $44K | $19K |
| Deferred Income Tax | $0 | $330K | -$191K | -$212K | -$235K | -$819K | -$9.41M | -$8.96M | -$30.66M | -$13.4M | -$86.69M | -$13.14M | $1.49M | $4.99M | -$25.25M | -$106.2M | $2.65M | $992K | $72K | $825K | $2.32M | $377K |
| Stock-Based Compensation | $0 | $22.09M | $5.87M | $3.65M | $5.54M | $12.51M | $7.52M | $4.37M | $6.2M | $5.28M | $3.39M | $8.57M | $9.42M | $12.29M | $12.12M | $3.3M | $1.02M | $1.2M | $1.35M | $548K | $1M | $66K |
| Changes in Working Capital: | ||||||||||||||||||||||
| Accounts Receivable | $0 | $6.29M | -$15.47M | -$118K | $140K | -$1.74M | $890K | $4.97M | -$6.09M | -$859K | -$531K | $252K | $2.64M | $2.12M | -$3.96M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $826K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.05M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10.02M | $14.76M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $0 | -$10.16M | $12.84M | -$2.35M | $4.73M | -$6.68M | $12.4M | $15.46M | -$2.84M | -$12.9M | $387K | $5.06M | -$3.49M | -$18.26M | -$339K | $117.04M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $0 | -$3.04M | -$2.63M | -$2.47M | $4.87M | -$8.42M | $13.29M | $20.44M | -$8.93M | -$13.76M | -$144K | $5.31M | -$853K | -$7.18M | -$339K | $117.04M | $284K | -$457K | $939K | -$1.81M | $1.98M | $297K |
| Other Non-Cash Items | -$52.45M | $26.41M | $31.78M | $13.54M | $11.02M | -$15.41M | $6.51M | $14.02M | -$8.98M | $168K | -$2.61M | -$5.03M | -$12.08M | -$3.3M | $12.12M | $3.3M | $1.02M | $1.2M | $1.35M | $542 | -$236K | $107K |
| Net Cash from Operating | -$43.83M | -$49.95M | -$48.46M | -$63.27M | -$65.78M | -$106.68M | -$56.37M | -$57.79M | -$75.01M | -$95.47M | -$88M | -$121.71M | -$81.86M | -$54.08M | -$72.12M | $108.23M | -$9.66M | -$9.24M | -$6.2M | -$9.1M | -$3.18M | -$605K |
| Investing Activities | ||||||||||||||||||||||
| Capital Expenditures | -$833K | -$680K | -$271K | -$314K | -$232K | -$1.65M | -$2.25M | -$279K | -$201K | -$311K | -$922K | -$2.72M | -$37.92M | -$2.84M | -$2.71M | -$462K | -$87K | -$170K | -$101K | -$182K | -$153K | -$753K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | -$1.03M | -$721K | -$952K | $0 | $0 | -$2.33M | -$33.37M | -$1.41M | $0 | $3.45M | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$125K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$805K | -$939K | -$1.48M | -$2.2M | -$1.27M | $0 | $0 | -$200K | -$6.42M | -$3.88M | -$4M | -$4M |
| Sales of Investments | $0 | $241K | $234K | $120K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$248K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$65K | $559K | -$60K | $120K | -$75K | $0 | -$1.03M | -$721K | -$952K | $453K | -$1M | $622K | -$1.41M | -$2.09M | $9.31M | $1.73M | -$256K | $637K | $1.17M | $681K | $98K | -$216K |
| Net Cash from Investing | -$1.02M | $120K | -$97K | -$194K | -$232K | -$1.65M | -$3.27M | -$1M | -$1.15M | $142K | -$1.73M | -$5.61M | -$40.81M | -$5.04M | $5.33M | $4.71M | -$343K | $267K | -$5.35M | -$3.38M | -$4.06M | -$4.97M |
| Financing Activities | ||||||||||||||||||||||
| Debt Repaid | $5.94M | $9.77M | $13.52M | $2.66M | $6.33M | $2.93M | $1.63M | -$43.57M | -$31.7M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $14.24M | $161.21M | $65.41M | $88.64M | $209K | $106.27M | $144.95M | $30.26M | $40.57M | $61.93M | $68.55M | $46.29M | $2.24M | $174.88M | $4.88M | $126.86M | $26.8M | $11.94M | $14.13M | $17.56M | $0 | $22.66M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$23.64M | -$4.1M | -$11.63M | -$11.48M | -$3.75M | $5.2M | -$6.28M | -$2.22M | -$3.66M | -$1.93M | -$6.48M | -$439K | -$41K | -$5.53M | $0 | -$770K | -$1.26M | -$548K | -$538K | -$805K | $0 | -$1.99M |
| Net Cash from Financing | -$15.33M | $147.34M | $40.25M | $74.5M | -$9.87M | $114.47M | $137.04M | $71.61M | $68.61M | $60.01M | $62.07M | $45.85M | $2.43M | $169.35M | $4.88M | $126.09M | $25.54M | $11.39M | $13.6M | $16.75M | $0 | $20.67M |
| Forex Effect | $1.54M | $1.09M | -$55K | -$168K | -$550K | $1.42M | $1.5M | -$155K | -$446K | $148K | -$2.11M | $15.66M | $1.32M | -$508K | $5.42M | -$7.86M | -$13K | $10K | -$7K | -$70K | $0 | $0 |
| Net Change in Cash | -$58.64M | $98.59M | -$8.36M | $10.87M | -$76.43M | $7.55M | $78.9M | $12.66M | -$8M | -$35.18M | -$29.76M | -$52.25M | -$118.92M | $109.72M | -$56.48M | $231.18M | $15.52M | $2.43M | $2.04M | $4.2M | -$7.24M | $15.09M |
| Supplementary Data | ||||||||||||||||||||||
| Operating Cash Flow | -$43.83M | -$49.95M | -$48.46M | -$63.27M | -$65.78M | -$106.68M | -$56.37M | -$57.79M | -$75.01M | -$95.47M | -$88M | -$121.71M | -$81.86M | -$54.08M | -$72.12M | $108.23M | -$9.66M | -$9.24M | -$6.2M | -$9.1M | -$3.18M | -$605K |
| Capital Expenditure | -$898K | -$730K | -$331K | -$314K | -$232K | -$1.65M | -$2.25M | -$279K | -$201K | -$311K | -$922K | -$2.72M | -$37.92M | -$2.84M | -$2.71M | -$462K | -$87K | -$170K | -$101K | -$182K | -$153K | -$753K |
| Free Cash Flow | -$44.73M | -$50.68M | -$48.79M | -$63.58M | -$66.01M | -$108.33M | -$58.61M | -$58.07M | -$75.21M | -$95.78M | -$88.92M | -$124.42M | -$119.78M | -$56.92M | -$74.82M | $107.77M | -$9.74M | -$9.41M | -$6.3M | -$9.28M | -$3.34M | -$1.36M |
| Cash at Beginning | $161.55M | $62.96M | $71.32M | $60.45M | $136.88M | $129.33M | $50.43M | $37.76M | $45.76M | $80.94M | $110.7M | $196.39M | $315.31M | $205.59M | $263.23M | $32.05M | $16.53M | $14.09M | $12.06M | $7.85M | $15.09M | $0 |
| Cash at End | $102.91M | $161.55M | $62.96M | $71.32M | $60.45M | $136.88M | $129.33M | $50.43M | $37.76M | $45.76M | $80.94M | $144.14M | $196.39M | $315.31M | $206.75M | $263.23M | $32.05M | $16.53M | $14.09M | $12.06M | $7.85M | $15.09M |