| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | — | — | — | — | — | — | — | — |
| 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|
| Cash | 83.08 | 119.27 | 84.00 | 46.74 |
| Receivables | 5.35 | 4.82 | 6.39 | 6.39 |
| Inventory | — | — | — | — |
| Other | 2.42 | 1.39 | 6.17 | 1.59 |
| 90.86 | 125.49 | 96.56 | 54.72 |
| 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|
| Payables | 6.08 | 6.27 | 6.89 | 9.10 |
| ST’ Debt | — | — | 0.72 | — |
| Other | — | — | — | — |
| 6.58 | 6.88 | 8.26 | 9.61 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Earnings | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | — | — | — | — |
—
|
| ’26 | — | — | — | — |
16.40
|
| ’25 | — | — | — | — |
6.69
|
| ’24 | — | — | — | — |
5.14
|
| ’23 | — | — | — | — |
3.50
|
| ’22 | — | — | — | — |
4.90
|
| ’21 | — | — | — | — |
2.97
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | — | — | — | — |
—
|
| ’26 | — | — | — | (18.81) |
(37.64)
|
| ’25 | — | — | — | (18.60) |
(40.18)
|
| ’24 | — | — | — | (12.02) |
(22.84)
|
| ’23 | — | — | — | (7.84) |
(23.80)
|
| ’22 | — | — | — | (8.59) |
(21.93)
|
| ’21 | — | — | — | (6.61) |
(13.18)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | — | — | — | — |
—
|
| ’26 | — | — | — | (18.87) |
(37.71)
|
| ’25 | — | — | — | (18.75) |
(40.36)
|
| ’24 | — | — | — | (12.24) |
(23.45)
|
| ’23 | — | — | — | (7.89) |
(23.86)
|
| ’22 | — | — | — | (8.59) |
(21.95)
|
| ’21 | — | — | — | (6.61) |
(13.19)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | — | — | — | — |
—
|
| ’26 | — | — | — | — |
(0.37)
|
| ’25 | — | — | — | — |
(0.27)
|
| ’24 | — | — | — | — |
(0.23)
|
| ’23 | — | — | — | — |
(0.30)
|
| ’22 | — | — | — | — |
(0.27)
|
| ’21 | — | — | — | — |
(0.38)
|
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡ | ‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ | 1.47 | 1.50 | 1.66 | 1.32 | 0.28 | — | — | — |
Low Price
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 3.64 | 3.90 | 3.34 | 3.53 | 3.23 | — | — | — |
High Price
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 35 | 35 | 44 | 51 | — | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.14 | 0.10 | 0.12 | 0.13 | 0.00 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.90 | 3.50 | 5.14 | 6.69 | 16.40 | — | — | — |
Revenue
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (23.37) | (26.86) | (28.01) | (39.78) | (53.82) | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (476.62%) | (767.22%) | (544.95%) | (594.64%) | (328.13%) | — | — | — |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | (23.37) | (26.86) | (28.01) | (39.78) | (53.82) | — | — | — |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | — | 1.50 | 1.39 | 1.48 | 1.55 | 1.68 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.06 | 0.04 | 0.04 | 0.05 | 0.11 | — | — | — |
Revenue/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.27) | (0.30) | (0.23) | (0.27) | (0.37) | — | — | — |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.26) | (0.27) | (0.19) | (0.28) | (0.26) | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.00 | 0.00 | (0.01) | 0.00 | 0.00 | — | — | — |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.26) | (0.27) | (0.20) | (0.28) | (0.26) | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.80 | 1.03 | 1.03 | 0.64 | 0.28 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 84.90 | 89.24 | 120.11 | 145.58 | 147.16 | — | — | — |
Shares
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | — | — | — | — | — | — | — | — | — |
PE Ratio
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.97 | 5.08 | 3.24 | 1.77 | 0.79 | — | — | — |
PB Ratio
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (8.12) | (7.99) | (5.08) | (2.05) | 0.23 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (21.93) | (23.80) | (22.84) | (40.18) | (37.64) | — | — | — |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.02) | (0.06) | (0.61) | (0.18) | (0.06) | — | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (21.95) | (23.86) | (23.45) | (40.36) | (37.71) | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 61.23 | 84.28 | 118.61 | 88.29 | 45.11 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.05 | 0.56 | 0.63 | 0.72 | — | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (56.98) | (82.52) | (118.64) | (83.28) | (46.74) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 68.25 | 91.87 | 124.29 | 93.02 | 41.76 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | (34.51%) | (30.98%) | (24.21%) | (34.02%) | (68.06%) | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (128.28%) | (178.93%) | (309.31%) | (248.37%) | 0.00% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (38.00%) | (33.55%) | (25.92%) | (36.62%) | (79.87%) | — | — | — |
ROE
|
Prima BioMed Ltd (IMMP) dazzles with headlines on its lead cancer immunotherapy eftilagimod alpha (efti), from promising Phase IIb data doubling progression-free survival in breast cancer to combo trials with Merck’s Keytruda. Yet, beneath the biotech hype lurks a decade of red flags: relentless cash burn, explosive share dilution up 551% since 2016, and profitability that’s a persistent mirage. Revenues spike on milestone payments—like the 107% surge to $11.1 million in 2020—only to crater 73% the next year amid trial delays, clawing back modestly to $5.14 million in 2024 without denting deepening losses, now ballooning 41% to -$28 million EBT.
Efficiency metrics scream inefficiency: revenue per employee eroded 69% from peaks amid headcount bloat, while free cash flow per share worsens 42% to -$0.277 by 2025 forecasts, torching a 2-3 year runway without more dilution. ROE and ROIC stay mired in negative territory, value destruction unchecked, as stock prices swing wildly on binary trial news—1,400% ranges in 2020—decoupling from eroding fundamentals like slashed book value per share.
Analysts dream of 235% upside on Phase III hopes and buyouts, but contrarians see a high-risk gamble: 90%+ biotech attrition, insider silence post-wins, and history of flops like Novartis ditching efti’s predecessor. Prima’s no moonshot—it’s a dilution-fueled survival act begging for a short amid the hype.
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