Recce Ltd

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

Company description

Recce Pharmaceuticals Ltd, a biotechnology company, discovers, develops, and commercializes synthetic anti"infectives in Australia, the United States, and the United Kingdom. The company's lead candidate is RECCE 327 to treat blood infections and sepsis derived from E. coli and S. aureus bacteria, including their superbug forms. It also develops RECCE 529, a synthetic anti-infective for viral infections; and RECCE 435, a synthetic polymer antibiotic formulated for oral use. In addition, the company engages in R327 Intravenous which provides serious/life-threatening bacterial infections, including sepsis which is in the phase 1 trial; urinary tract infections, including urosepsis; rapid infusions sepsis in the phase 2 trial; and R327 Topical offers wound infections, including infected burns; and diabetic foot ulcer infections in Phase 2 trails. Further, the company operates various pre-clinical programs, such as Mycobacterium abscessus which is in phase 1 clinical trial; bacterial sinusitis; and additional TBA. The company was formerly known as Recce Limited and changed its name to Recce Pharmaceuticals Ltd in November 2017. Recce Pharmaceuticals Ltd was incorporated in 2007 and is headquartered in Sydney, Australia.

Financial highlights

Market Capitalization$87.5905 million
P/E Ratio0
P/E Growth Ratio
Book Value-0.015
Dividend Per Share0
Earnings Per Share-0.08
EBITDA-12,830.254
Profit Margin-2.9958
Operating Margin TTM-2.95
Return on Assets TTM-1.0604
Return on Equity TTM-3.5001
Revenue TTM4,365.216

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2012-06-30 13
2013-06-30 34
2014-06-30 1 61 36.129 369.33
2015-06-30 113.85 111.124 2.73 563.769
2016-06-30 177.02 233.034 -56.014 4,681.056
2017-06-30 189.92 1,071.012 -931.717 3,184.603
2018-06-30 1,300.53 452.856 835.662 2,820.594
2019-06-30 686.62 483.666 195.958 3,310.839
2020-06-30 1,147.53 5,260.327
2021-06-30 1,963.25 15,199.847
2022-06-30 3,175.95 12,597.254
2023-06-30 4,431.41 17,242.509

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2012-06-30 1 32 330
2013-06-30 43 80 155 514
2014-06-30 94 148 204 806
2015-06-30 4,891.857 4,986.581 272.471 6,381.978
2016-06-30 3,591.382 3,720.659 206.798 6.978 7,418.863
2017-06-30 1,090.438 1,464.586 874.442 161.289 161.29 8,235.009
2018-06-30 679.719 1,143.737 448.822 2.86 0 10,031.509
2019-06-30 403.384 922.184 1,327.788 737.41 11,573.369
2020-06-30 2,682.192 3,244.107 931.527 83.235 18,466.336
2021-06-30 20,873.04 21,681.555 1,177.814 112.585 43,297.309
2022-06-30 11,581.934 12,623.52 2,562.162 74.762 43,968.321
2023-06-30 1,561.579 2,555.869 5,144.673 147.878 44,111.963

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2014-06-30 -272.416 -296.137 357.614
2015-06-30 -450.166 -296.14 357.61 451.711
2016-06-30 -4,840.358 -1,607.608 3,139.671 451.711 3,591.382 0
2017-06-30 -3,025.504 -2,497.867 -2,500.944 3,591.382 1,090.438 0
2018-06-30 -1,674.288 -1,732.317 -410.719 1,090.438 679.719
2019-06-30 -2,845.891 -2,612.131 -276.335 679.719 403.384
2020-06-30 -4,362.584 -3,807.45 2,278.808 403.384 2,682.192
2021-06-30 -13,515.473 -7,855.849 18,190.848 2,682.192 20,873.04
2022-06-30 -10,988.693 -10,801.021 -9,291.106 20,873.04 11,581.934
2023-06-30 -13,077.422 -10,020.355 11,581.934 1,561.579