Neuphoria Therapeutics Inc. NEUP

Healthcare SIC 2834 - Pharmaceutical Preparations Nasdaq

We are a clinical-stage biotechnology company dedicated to developing therapies that address the complex needs of individuals affected by neuropsychiatric disorders. Neuphoria is advancing its lead drug candidate, BNC210, an oral, proprietary, selective negative allosteric modulator of the α7 nicotinic acetylcholine ("ACh") receptor ("a7 receptor") for the acute, "as needed" treatment of social anxiety disorder ("SAD") and for chronic treatment of post-traumatic stress disorder ("PTSD"). There remains a significant unmet medical need for the over 27 million patients in the United States alone suffering from SAD and PTSD. BNC210 is a first-of-its-kind, well-tolerated, broad spectrum anti-anxiety experimental therapeutic, designed to restore neurotransmitter balance in relevant brain areas, providing rapid relief from stress and anxiety symptoms without the common pitfalls of sedation, cognitive impairment, or addiction. In addition, Neuphoria has a strategic partnership with Merck & Co., Inc., known as Merck outside the United States and Canada, with two drugs in early-stage clinical trials for the treatment of cognitive deficits in Alzheimer's disease and other central nervous system ("CNS") conditions. Neuphoria's pipeline also includes the α7 nicotinic acetylcholine receptor next generation and the Kv3.1/3.2 preclinical programs, both in the lead optimization development stage.

Last close 3.77 2026-09-04
Market cap $20.4M 2026-03-31 share count
52-week range 3.19 - 21.40

Valuation FY2025 figures against the last close

P/S1.3x
P/E
P/FCF263.8x
EV/EBITDA
Dividend yield
Diluted EPS-0.23

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022
Revenue $15.6M
R&D $9.0M$9.4M$13.1M
SG&A $7.8M$8.5M$8.9M
Total operating expenses $16.8M$17.9M$22.0M
Operating income -$1.1M-$17.9M-$22.0M
Pre-tax income -$838.0K-$15.6M-$21.5M
Income tax $468.4K$87.3K$139.2K
Net income -$369.6K-$15.5M-$21.4M
EPS, basic -0.23-18.62-0.02
EPS, diluted -0.23-18.62-0.02
Shares, diluted (wtd. avg.) $1.6M$832.2K$1.47B

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022
Cash and equivalents $14.2M$12.6M$12.2M$23.2M
Receivables $11.9K$126.9K$426.1K
Total current assets $15.0M$13.2M$13.3M
Property, plant and equipment $2.8K$2.0K$2.5K
Goodwill $8.6M$8.7M$8.7M$8.9M
Other intangibles $4.8M$5.5M$6.1M$0
Total assets $28.6M$27.6M$28.6M
Accounts payable $1.2M$2.2M$1.4M
Total current liabilities $4.2M$3.8M$2.7M
Total liabilities $9.6M$10.2M$6.6M
Retained earnings -$178.3M-$178.0M-$162.5M
Total equity $19.0M$17.5M$22.0M$39.2M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022
Operating cash flow $77.2K-$14.7M-$14.6M
Depreciation and amortisation $100.0K$100.0K
Stock-based compensation $163.8K$814.8K$1.3M
Financing cash flow $1.5M$15.1M$3.9M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-25-223338.

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