ORAMED PHARMACEUTICALS INC. ORMP
engaged in the research and development of innovative pharmaceutical solutions with a technology platform that allows for the oral delivery
of therapeutic proteins. In addition, we allocate capital to strategic investments in healthcare and life sciences companies that we
believe complement our long-term business objectives and technology focus.
dosage form intended to withstand the harsh environment of the gastrointestinal tract and effectively deliver active insulin or other
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.0M | — | $1.3M | $2.7M | $2.7M | $2.7M | $2.7M | $2.4M | $2.5M | $641.0K |
| Cost of revenue | $2.0M | — | — | — | — | — | $90.0K | -$86.0K | $187.0K | $490.0K |
| Gross profit | $13.0K | — | — | — | — | — | $2.6M | $2.5M | $2.3M | $151.0K |
| R&D | $6.4M | $6.3M | $9.0M | $27.6M | $21.0M | $10.2M | $13.5M | $12.0M | $10.3M | $7.7M |
| SG&A | $8.7M | $6.5M | $8.4M | $13.8M | $5.9M | $4.2M | $3.7M | $4.1M | $2.8M | $2.5M |
| Operating income | -$15.1M | -$12.8M | -$15.8M | -$40.6M | -$24.2M | -$11.8M | -$14.6M | -$13.5M | -$10.8M | -$10.0M |
| Interest expense | — | $853.0K | $2.0M | — | — | — | — | — | — | — |
| Pre-tax income | $75.3M | -$15.9M | $5.1M | -$37.7M | — | -$11.5M | -$14.1M | -$12.7M | -$10.1M | -$9.6M |
| Income tax | $11.3M | $3.2M | — | $100.0K | — | — | $300.0K | — | $400.0K | $1.3M |
| Net income | $75.3K | -$15.9K | $5.1K | -$36.6M | -$23.0M | -$11.5M | -$14.4M | -$12.7M | -$10.5M | -$11.0M |
| EPS, basic | 1.53 | -0.48 | 0.14 | -0.94 | — | — | — | — | — | — |
| EPS, diluted | 1.50 | -0.48 | 0.14 | -0.94 | 0.78 | 0.56 | 0.82 | 0.86 | 0.79 | 0.87 |
| Shares, diluted (wtd. avg.) | 42.4M | 40.9M | 40.6M | 39.0M | — | — | — | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $45.9M | $54.4M | $9.1M | $40.5M | $27.5M | $19.3M | $3.3M | $5.0M | $4.0M | $3.9M |
| Short-term investments | $5.4M | $3.4M | $57.7M | $3.7M | $863.0K | $3.3M | $557.0K | $666.0K | $996.0K | $701.0K |
| Total current assets | $133.3M | $143.2M | $162.6M | $157.1M | $147.9M | $40.5M | $33.3M | $31.0M | $20.3M | $31.2M |
| Property, plant and equipment | $586.0K | $698.0K | $873.0K | $815.0K | $388.0K | $99.0K | $24.0K | $17.0K | $18.0K | $16.0K |
| Total assets | $230.9M | $155.3M | $220.6M | $161.6M | $177.8M | $44.6M | $34.7M | $47.4M | $38.7M | $42.8M |
| Accounts payable | $443.0K | $789.0K | $551.0K | $4.2M | $4.5M | $1.7M | $2.5M | $2.1M | $2.7M | $1.4M |
| Short-term debt | — | — | $99.5M | — | — | — | $2.7M | $2.4M | — | — |
| Total current liabilities | $19.1M | $5.7M | $53.2M | $5.7M | $7.4M | $4.5M | $5.3M | $4.6M | $5.2M | $3.6M |
| Long-term debt | — | — | — | $25.0K | — | — | $9.7M | $11.4M | — | — |
| Retained earnings | -$123.4M | -$176.6M | -$157.6M | -$163.1M | -$126.5M | -$92.6M | -$81.1M | -$69.2M | -$56.5M | -$46.0M |
| Total equity | $199.7M | $146.3M | $162.9M | $151.2M | $166.6M | $32.9M | $19.4M | $31.1M | $19.2M | $26.2M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$9.1M | -$8.4M | -$10.3M | -$27.9M | -$21.2M | -$12.4M | -$12.9M | -$14.7M | -$5.8M | $4.7M |
| Depreciation and amortisation | $121.0K | $193.0K | $196.0K | $58.0K | $77.0K | $7.0K | $8.0K | $6.0K | $5.0K | $4.0K |
| Stock-based compensation | $6.0M | $4.1M | $4.2M | $11.5M | $2.7M | $465.0K | $808.0K | $1.5M | $1.6M | $634.0K |
| Capital expenditure | $9.0K | $18.0K | $254.0K | $496.0K | $375.0K | $82.0K | $15.0K | $5.0K | $7.0K | $9.0K |
| Investing cash flow | $5.4M | $105.8M | -$73.0M | $30.2M | -$23.8M | $4.6M | $11.3M | -$7.0M | $4.3M | -$16.0M |
| Financing cash flow | -$4.7M | -$52.0M | $52.0M | $10.8M | $102.9M | $23.8M | — | $22.7M | $1.6M | $12.0M |
| Buybacks | $4.7M | $2.5M | — | — | — | — | — | — | — | — |
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 0001213900-26-084609.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $641.0K | $2.5M | $2.4M | $2.7M | $2.7M | $2.7M | $2.7M | $1.3M | — | $2.0M |
| Gross profit | $151.0K | $2.3M | $2.5M | $2.6M | — | — | — | — | — | $13.0K |
| Net income | -$11.0M | -$10.5M | -$12.7M | -$14.4M | -$11.5M | -$23.0M | -$36.6M | $5.1K | -$15.9K | $75.3K |
Recent filings and events
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Material agreement signed Item 1.01
- Material agreement signed Item 1.01
- Other event Item 8.01
- Other event Item 8.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Other event Item 8.01
- Material agreement signed Item 1.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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