Arovella Therapeutics Ltd

  • IPO date:
  • Sector: Healthcare
  • GIC Group: Pharmaceuticals, Biotechnology & Life Sciences
  • Industry: Biotechnology
  • Company website

Company description

Arovella Therapeutics Limited, a biotechnology company, focuses on the development of therapies for the treatment of cancer and conditions that affect the central nervous system in Australia and internationally. Its product pipeline includes ZolpiMist, an oral spray of zolpidem tartrate to treat insomnia, which is marketed under the brand name of Ambien or Stilnox; and invariant natural killer T (iNKT), a cell therapy platform to treat blood cancer. It has a collaborative research agreement with Imperial College London. The company was formerly known as Suda Pharmaceuticals Ltd and changed its name to Arovella Therapeutics Limited in October 2021. Arovella Therapeutics Limited was incorporated in 1999 and is headquartered in Carlton, Australia.

Financial highlights

Market Capitalization$63.1375 million
P/E Ratio0
P/E Growth Ratio
Book Value0.005
Dividend Per Share0
Earnings Per Share-0.01
EBITDA-7,764.779
Profit Margin0
Operating Margin TTM-5.7938
Return on Assets TTM-0.7323
Return on Equity TTM-1.7867
Revenue TTM1,484.681

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2017-06-30 467.76 56.99 410.77
2018-06-30 428.39 185.62 242.77
2019-06-30 1,219.083 199.688 1,019.395 3,400.113
2020-06-30 532.69 200.969 331.721 5,135.46
2021-06-30 257.347 222.75 34.597 4,700.712
2022-06-30 295.81 207.056 88.754 7,685.196
2023-06-30 435.92 203.52 232.4

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2017-06-30 1,769.81 20,015.54 3,163.19 0 1,802.5 57,138.71
2018-06-30 98.13 16,642.24 5,177.52 0 0 57,204.71
2019-06-30 4,313.562 16,253.314 2,275.826 36.206 16.909 67,385.981
2020-06-30 977.472 6,707.497 2,572.077 81.22 4.24 67,385.981
2021-06-30 6,717.198 10,687.29 1,705.607 76.493 2.742 77,003.347
2022-06-30 6,070.967 9,212.34 1,595.358 67.35 83,536.397
2023-06-30 5,175.338 5,470.96 1,690.87 0 88,871.66

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2017-06-30 -854.22 -678.96
2018-06-30 -2,548.03 -1,671.69 98.125
2019-06-30 -7,795.039 -2,495.49 4,215.437 98.125 4,313.562
2020-06-30 -9,935.595 -2,883.73 -3,336.09 4,313.562 977.472
2021-06-30 -5,047.465 -3,544.53 5,739.726 977.472 6,717.198
2022-06-30 -8,620.588 -6,268.25 -646.231 6,717.198 6,070.967
2023-06-30 -10,181.351 -6,397.65 -895.63 6,070.967 5,175.338