Mesoblast Ltd

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

Company description

Mesoblast Limited engages in the development of regenerative medicine products in Australia, the United States, Singapore, and Switzerland. The company offers products in the areas of cardiovascular, spine orthopedic disorder, oncology, hematology, and immune-mediated and inflammatory diseases. Its proprietary regenerative medicine technology platform is based on specialized cells known as mesenchymal lineage cells. The company offers Remestemcel-L that is in Phase III clinical trials for the treatment of systemic inflammatory diseases, including steroid refractory acute graft versus host disease, acute respiratory distress syndrome, and biologic refractory inflammatory bowel disease; and Remestemcel-L, which is in Phase III clinical trials to treat chronic heart failure and chronic low back pain due to degenerative disc disease. It is also developing MPC-300-IV to treat biologic refractory rheumatoid arthritis diabetic nephropathy; and MPC-25-IC for the treatment or prevention of acute myocardial infarction. It has strategic partnerships with Tasly Pharmaceutical Group to offer MPC-150-IM for heart failure and MPC-25-IC for heart attacks in China; JCR Pharmaceuticals Co. Ltd. to treat wound healing in patients with epidermolysis bullosa; and GrĂ¼nenthal to develops and commercializes cell therapy for the treatment of chronic low back pain. The company was incorporated in 2004 and is headquartered in Melbourne, Australia.

Financial highlights

Market Capitalization$309.3978 million
P/E Ratio0
P/E Growth Ratio0
Book Value0.617
Dividend Per Share0
Earnings Per Share-0.17
EBITDA-66,843
Profit Margin0
Operating Margin TTM-9.2373
Return on Assets TTM-0.0651
Return on Equity TTM-0.164
Revenue TTM7,501

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2005-06-30 502.885 1,489.428
2006-06-30 2,821.758 9,105.844
2007-06-30 1,679.317 8,692.78
2008-06-30 909.807 8,849.388
2009-06-30 890.708 10,319.702
2010-06-30 5.5 11,132.134
2011-06-30 120,921.285 27,159.524
2012-06-30 38,279.902 21,637 64,987.39
2013-06-30 28,786 20,174 88,864
2014-06-30 25,980 26,488 -2,044 98,356
2015-06-30 23,748 23,783 -4,022 137,139
2016-06-30 42,548 29,763 12,785 98,436
2017-06-30 2,412 12,065 -9,653 92,454
2018-06-30 17,341 5,508 11,833 92,191
2019-06-30 16,722 15,358 16,722 97,884
2020-06-30 32,156 25,309 32,156 107,561
2021-06-30 7,456 32,719 7,456 115,059
2022-06-30 10,211 30,757 10,211 90,785
2023-06-30 7,501 27,733 7,501 76,790

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2005-06-30 15,093.834 21,465.824 2,203.068 20,668
2006-06-30 7,854.843 16,384.515 4,419.47 20,668
2007-06-30 12,055.04 21,238.238 698.899 37,422
2008-06-30 14,094.219 27,788.902 1,572.77 51,019
2009-06-30 16,526.278 26,975.012 1,185.05 62,460
2010-06-30 32,049.327 39,514.77 1,595.51 87,949
2011-06-30 263,227.585 763,250.507 247,406.334 477,115
2012-06-30 206,748.798 720,455.55 241,607.767 485,004
2013-06-30 315,309 883,712 253,446 654,458
2014-06-30 196,394 899,314 327,596 677,087
2015-06-30 144,142 1,017,925 408,566 737,260
2016-06-30 80,937 684,018 155,857 770,272
2017-06-30 45,761 655,686 138,920 0 830,425
2018-06-30 37,763 692,443 146,435 59,397 59,397 889,481
2019-06-30 50,426 652,115 171,063 14,007 67,279 910,405
2020-06-30 129,328 733,602 184,276 35,974 57,023 1,051,450
2021-06-30 136,881 744,717 163,320 55,965 41,045 1,163,153
2022-06-30 60,034 662,142 165,098 8,203 91,617 1,165,309
2023-06-30 70,920 669,415 167,577 10,012 102,811 1,249,123

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2005-06-30 -1,470.369 -604.812 15,093.834
2006-06-30 -8,298.587 -3,183.863 -7,238.991 15,093.834 7,854.843
2007-06-30 -8,728.131 -9,102.676 4,200.197 7,854.843 12,055.04
2008-06-30 -10,062.379 -6,202.589 2,039.179 12,055.04 14,094.219
2009-06-30 -12,285.459 -9,237.576 2,432.059 14,094.219 16,526.278
2010-06-30 -14,780.895 -9,657.662 15,523.049 16,526.278 32,049.327
2011-06-30 90,606.59 108,228.873 231,178.258 32,049.327 263,227.585
2012-06-30 -71,145.314 -72,116.783 -56,478.787 263,227.585 206,748.798
2013-06-30 -61,663 -54,081 109,718 205,591 315,309
2014-06-30 -80,958 -81,861 -118,915 315,309 196,394
2015-06-30 -119,368 -121,709 -52,252 196,394 144,142
2016-06-30 -4,127 -87,996 -29,764 110,701 80,937
2017-06-30 -76,815 -95,471 -35,176 80,937 45,761
2018-06-30 -35,290 -75,012 -7,998 45,761 37,763
2019-06-30 -89,799 -57,790 12,663 37,763 50,426
2020-06-30 -77,940 -56,365 78,902 50,426 129,328 0
2021-06-30 -98,811 -106,681 7,553 129,328 136,881
2022-06-30 -91,347 -65,782 -76,434 136,881 60,447 0
2023-06-30 -81,889 -63,269 10,871 60,447 71,318 0