Opthea Ltd

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

Company description

Opthea Limited, a clinical stage biopharmaceutical company, engages in the development and commercialization of therapies primarily for eye disease in Australia. The company's development activities are based on the intellectual property portfolio covering Vascular Endothelial Growth Factors (VEGF) VEGF-C, VEGF-D, and VEGF Receptor-3 for the treatment of diseases associated with blood and lymphatic vessel growth, as well as vascular leakage. Its lead product candidate is Sozinibercept (OPT 302), a soluble form of vascular endothelial growth factor receptor-3 "VEGFR-3", currently under Phase 3 clinical development as a novel therapy for wet age-related macular degeneration and diabetic macular edema. The company was formerly known as Circadian Technologies Limited and changed its name to Opthea Limited in December 2015. Opthea Limited was incorporated in 1984 and is based in South Yarra, Australia.

Financial highlights

Market Capitalization$212.0982 million
P/E Ratio0
P/E Growth Ratio
Book Value-0.013
Dividend Per Share0
Earnings Per Share-0.52
EBITDA-150,008.8
Profit Margin0
Operating Margin TTM-389.3993
Return on Assets TTM-1.1818
Return on Equity TTM-6.7667
Revenue TTM385.275

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
1989-06-30 -7.550020000000001
1990-06-30 7.931979999999999
1991-06-30 68.25415
1992-06-30 44.07294
1993-06-30 74.8158
1994-06-30 114.71996
1995-06-30 135.64858999999998
1996-06-30 208.68770999999998
1997-06-30 240.51064000000002 240.51064000000002 259.09146
1998-06-30 192.73542 192.73542 651.01407
1999-06-30 2,938,822.64856 2,938,822.64856 739.79052
2000-06-30 2,621 27.34611 -27.34611 520.09195
2001-06-30 1,588 139 12.75751
2002-06-30 9.57099 149 9.57099 3,627.93998
2003-06-30 862 256 2,968.5861
2004-06-30 12.23511 237 12.23511 1,796.14279
2005-06-30 13.3437 244 13.3437 2,322.68201
2006-06-30 1,099 509 3,545.19226
2007-06-30 19.12977 10,003 19.12977 14,378.326550000002
2008-06-30 14.351180000000001 1,967 14.351180000000001 8,263.06101
2009-06-30 2,370 1,999 8,460.07037
2010-06-30 1,644 1,133 8,676.74755
2011-06-30 682 12,273.171880000002
2012-06-30 1,512 8,897.52543
2013-06-30 588 6,875.7805
2014-06-30 791.052 528 225.058 6,591.14524
2015-06-30 939.01 344.74 594.27 6,802.25575
2016-06-30 765.27 348.41 416.86 5,791.7757
2017-06-30 573.42 257.46 315.96 7,548.19107
2018-06-30 1,143.82 258.3 885.52 21,866.46367
2019-06-30 159.06 273.94 -114.88 25,734.956019999998
2020-06-30 87.08 543.28 -456.2 17,482.923010000002
2021-06-30 68.613 428.9 68.613 39,710.561
2022-06-30 90.683 160.5 90.683 96,628.646
2023-06-30 108.406 166.83 108.406 150,134.2

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
1989-06-30 1,215 3,286 46 530 2,238
1990-06-30 386 1,930 32 61 1,806
1991-06-30 200 1,755 38 92 1,806
1992-06-30 520 2,258 52 206 2,181
1993-06-30 680 2,467 32 124 2,396
1994-06-30 883 2,917 44 2,496
1995-06-30 855 3,018 97 2,558
1996-06-30 2,762 4,990 121 2,808
1997-06-30 2,757.154 5,490.803 167.267 2,948.461
1998-06-30 1,985.861 4,491.13 161.938 3,058.461
1999-06-30 109.602 7,298.018 142.106 4,918.478 10,719.047
2000-06-30 459.931 25,487.451 365.271 13,800 26,805.047
2001-06-30 25,412.146 47,749.254 325.091 201.066 50,229.839
2002-06-30 20,004.548 41,719.598 371.393 128.266 50,344.994
2003-06-30 9,891.714960000001 24,832.56273 318.25526 69.333 32,939.2037
2004-06-30 12,186.94059 29,463.74073 312.33788 39.52 33,836.359950000005
2005-06-30 18,817.98121 32,917.4528 4,289.08638 3,812.48666 25,290.49395
2006-06-30 10,839.450289999999 43,787.02082 1,719.8386799999998 13,338.072 24,612.26236
2007-06-30 40,876.49109 56,707.95589 4,998.28075 14.213 28,132.296010000002
2008-06-30 44,217.55054 51,523.231700000004 2,339.41887 31,733.313879999998
2009-06-30 31,343.060980000002 33,314.363079999996 2,022.42147 30,969.82761
2010-06-30 27,072.76505 29,463.66209 2,420.7062400000004 32,613.00642
2011-06-30 23,624.408440000003 26,187.28705 2,862.3901800000003 41,012.861509999995
2012-06-30 16,823.817469999998 23,133.83343 2,464.47694 40,317.25546
2013-06-30 10,042.199550000001 14,977.55825 1,873.58022 36,005.48747
2014-06-30 6,743.009400000001 11,732.28859 1,866.11652 37,145.51095
2015-06-30 14,140.14404 18,463.89345 1,803.40472 41,295.898850000005
2016-06-30 10,818.17591 12,734.56403 1,549.15763 169.101 40,210.42731
2017-06-30 39,928.615560000006 43,451.77743 1,577.4006399999998 0 75,195.56988
2018-06-30 23,881.75274 33,846.95071 5,805.779769999999 0 72,286.15955
2019-06-30 15,081.74286 26,375.08894 4,580.86464 0 79,153.70549
2020-06-30 42,615.44096 49,395.126950000005 4,864.16395 99.66194 111,383.89597
2021-06-30 118,193.177 138,409.168 3,123.4 112.965 234,147.526
2022-06-30 44,631.293 60,046.819 12,069.675 0 235,277.217
2023-06-30 89,188.713 98,641.32 104,399.869 97.485 85,660 320,883.551

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
1991-06-30 -197 -197 387 190
1992-06-30 -267 303 190 493
1993-06-30 -351 186 493 679
1994-06-30 -469 204 679 883
1995-06-30 -672 -28 883 855
1996-06-30 40 -1,215 1,894 855 2,749
1997-06-30 5.85 -1,740.962 5.114 2,749.181 2,754.295
1998-06-30 -768.434 2,754.295 1,985.861
1999-06-30 2,370.32 3,042.219 1,985.861 5,028.08
2000-06-30 1,223.376 9,231.851 5,028.08 14,259.931
2001-06-30 53 -1,005.125 11,152.215 14,259.931 25,412.146
2002-06-30 -5,743.579 -1,040.944 -5,407.598 25,412.146 20,004.548
2003-06-30 -3,506.768 -5,324.056 20,004.548 14,680.492
2004-06-30 5,802.611 -1,708.946 2,750.611 14,680.492 17,431.103
2005-06-30 5.515 -1,636.369 7,248.303 17,431.103 24,679.406 10,782.379
2006-06-30 -6,472.467 -2,888.112 -10,071.946 24,679.406 14,607.46 5.388
2007-06-30 11,203.382 32,971.572 33,585.923 14,607.46 48,193.383 4.658
2008-06-30 -1,147.805 -1,798.092 -1,976.757 48,193.383 46,216.626 41.188
2009-06-30 -9,916.648 -6,589.155 -7,380.066 46,216.626 38,836.56
2010-06-30 -6,948.24 -7,542.908 -6,981.391 38,836.56 31,855.169
2011-06-30 -10,265.346 -9,415.565 -9,750.755 31,855.169 22,104.414
2012-06-30 -4,837.253 -7,173.904 -5,665.189 22,104.414 16,439.225
2013-06-30 -4,754.793 -5,612.996 -5,435.284 16,439.225 11,003.941
2014-06-30 -3,996.142 -4,174.307 -3,841.921 11,003.941 7,162.02
2015-06-30 -5,312.079 -5,026.656 18,225.385 210.252 18,435.637
2016-06-30 -6,507.42 -3,681.236 -3,949.234 18,435.637 14,486.403 0
2017-06-30 -6,192.896 -6,045.438 37,473.503 14,486.403 51,959.906 0
2018-06-30 -12,416.24917 -19,937.55 -19,449.676 51,959.906 32,510.23
2019-06-30 -14,644.13046 -16,937.8071 -7,686.437940000001 22,768.180800000002 15,081.74286
2020-06-30 -11,357.59852 -6,034.47143 27,818.36878 14,797.07218 42,615.44096
2021-06-30 -45,344.496 -45,546.167 75,542.319 42,650.858 118,193.177
2022-06-30 -92,817.371 -71,334.952 -73,561.884 118,193.177 44,631.293
2023-06-30 -142,521.085 -120,608.379 44,557.42 44,631.293 89,188.713