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Palatin Technologies (PTN) Financials

$7.23 +0.96 (+15.31%)
As of 11/9/2026 04:00 PM Eastern
Annual Income Statements for Palatin Technologies

Annual Income Statements for Palatin Technologies

This table shows Palatin Technologies' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Period end date 6/30/2016 6/30/2017 6/30/2018 6/30/2019 6/30/2020 6/30/2021 6/30/2022 6/30/2023 6/30/2024 6/30/2025 6/30/2026
Net Income / (Loss) Attributable to Common Shareholders		 -52 25 25 36 -45 -34 -36 -24 -30 -17 -8.38
Consolidated Net Income / (Loss)		 -52 25 25 36 -45 -34 -36 -24 -30 -17 -8.38
Net Income / (Loss) Continuing Operations		 -52 25 25 36 -45 -34 -36 -24 -30 -17 -8.38
Total Pre-Tax Income 		-52 25 25 36 0.00 -34 -36 -29 -30 -17 -8.38
Total Operating Income		 -49 26 26 36 -24 -33 -37 -32 -22 -17 -8.67
Total Gross Profit		 0.00 67 67 60 0.12 -0.34 1.25 4.44 4.49 0.00 13
Total Revenue		 0.00 67 67 60 0.12 -0.19 1.47 4.85 4.49 0.00 13
Operating Revenue		 0.00 67 67 60 0.12 -0.19 1.47 4.85 4.49 0.00 13
Total Cost of Revenue		 0.00 0.00 0.00 0.00 0.00 0.15 0.22 0.42 0.00 0.00 0.00
Total Operating Expenses		 49 41 41 25 24 33 38 37 27 17 22
Selling, General & Admin Expense		 6.18 8.64 8.64 9.70 9.77 17 17 15 12 7.81 9.48
Research & Development Expense		 43 33 33 15 14 13 21 23 22 15 12
Other Operating Expenses / (Income)		 - - - - - - 0.00 -1.03 -7.78 -2.12 0.00
Other Special Charges / (Income)		 - - - - 0.00 2.78 - - - -3.13 0.00
Total Other Income / (Expense), net		 -2.46 -1.14 -1.14 0.03 -21 -0.21 0.39 3.75 -7.24 0.15 0.29
Interest Expense		 2.51 1.45 1.45 0.42 0.02 0.02 0.03 0.02 0.02 0.02 0.01
Interest & Investment Income		 0.05 0.31 0.31 0.45 1.20 0.02 0.03 0.69 0.38 0.17 0.30
Other Income / (Expense), net		 - - - - 22 -0.21 0.39 3.08 -7.60 -0.00 0.00
Basic Earnings per Share		 ($0.33) $0.12 $0.12 $0.17 ($0.10) $355.00 ($3.79) ($2.21) - ($32.15) ($2.96)
Weighted Average Basic Shares Outstanding		 156.55M 198.10M 198.10M 207.67M 234.68M 9.47M 9.54M 10.89M 19.55M 538.35K 2.83M
Diluted Earnings per Share		 ($0.33) $0.12 $0.12 $0.16 ($0.10) $355.00 ($3.79) - ($101.16) ($32.15) ($2.96)
Weighted Average Diluted Shares Outstanding		 156.55M 207.01M 207.01M 217.13M 234.68M 9.47M 9.54M 10.89M 293.95K 538.35K 2.83M
Weighted Average Basic & Diluted Shares Outstanding		 156.55M 184.09M 202.05M 227.04M 234.68M 9.47M 9.54M 10.89M 19.55M 973.29K 1.78M

Quarterly Income Statements for Palatin Technologies

This table shows Palatin Technologies' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Income / (Loss) Attributable to Common Shareholders		 -16 -8.44 2.09 -7.82 -2.44 -4.81 -2.23 4.68 -7.26 -1.43 -4.36
Consolidated Net Income / (Loss)		 -7.84 -8.44 -5.63 -7.82 -2.44 -4.81 -2.23 4.68 -7.26 -1.43 -4.36
Net Income / (Loss) Continuing Operations		 -16 -8.44 2.15 -7.88 -2.44 -4.81 -2.02 4.69 -7.26 -1.43 -4.38
Total Pre-Tax Income 		-16 -8.44 2.09 -7.82 -2.44 -4.81 -2.23 4.68 -7.26 -1.43 -4.36
Total Operating Income		 1.17 -9.22 -6.69 -7.76 -2.61 -4.81 -2.27 4.66 -7.33 -1.58 -4.42
Total Gross Profit		 2.03 0.00 2.46 0.00 0.00 0.00 - 8.85 0.12 3.92 0.30
Total Revenue		 2.03 0.00 2.46 0.00 0.00 0.00 - 8.85 0.12 3.92 0.30
Operating Revenue		 2.03 0.00 2.46 0.00 0.00 0.00 - 8.85 0.12 3.92 0.30
Total Operating Expenses		 8.59 9.22 1.42 7.76 2.61 4.81 2.27 4.19 7.44 5.50 4.72
Selling, General & Admin Expense		 3.03 2.03 5.18 2.02 1.68 1.47 2.63 1.66 3.12 1.98 2.71
Research & Development Expense		 5.55 7.16 3.94 5.74 3.43 3.76 1.97 2.53 4.32 3.52 2.01
Total Other Income / (Expense), net		 -9.02 0.78 1.05 -0.06 0.17 0.00 0.04 0.02 0.06 0.15 0.06
Interest Expense		 0.00 0.00 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest & Investment Income		 0.06 0.14 0.10 0.08 0.03 0.03 0.03 0.02 0.07 0.15 0.06
Basic Earnings per Share		 ($0.56) - $0.11 ($19.71) ($5.92) ($9.13) $2.61 $4.81 ($2.86) ($0.37) ($4.54)
Weighted Average Basic Shares Outstanding		 14.10M 15.79M 19.55M 396.91K 412.70K 526.89K 538.35K 971.65K 2.54M 3.91M 2.83M
Diluted Earnings per Share		 - ($0.53) $0.11 ($19.71) ($5.92) ($9.13) $2.61 $4.26 ($2.86) ($0.37) ($3.99)
Weighted Average Diluted Shares Outstanding		 14.10M 15.79M 293.95K 396.91K 412.70K 526.89K 538.35K 1.10M 2.54M 3.91M 2.83M
Weighted Average Basic & Diluted Shares Outstanding		 14.10M 15.79M 19.55M - 26.01M 46.48M 973.29K 1.70M 1.77M 1.78M 1.78M

Annual Cash Flow Statements for Palatin Technologies

This table details how cash moves in and out of Palatin Technologies' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Period end date 6/30/2016 6/30/2017 6/30/2018 6/30/2019 6/30/2020 6/30/2021 6/30/2022 6/30/2023 6/30/2024 6/30/2025 6/30/2026
Net Change in Cash & Equivalents		 -19 32 -2.20 5.51 39 -23 -30 -22 1.54 -6.96 4.93
Net Cash From Operating Activities		 -47 13 1.70 -22 41 -0.09 -30 -29 -31 -21 -14
Net Cash From Continuing Operating Activities		 -47 43 -29 99 -79 11 -31 -23 -31 -21 -14
Net Income / (Loss) Continuing Operations		 -52 -13 25 36 -22 0.00 -36 -24 -30 -17 -8.38
Consolidated Net Income / (Loss)		 -52 -13 25 36 -22 - -36 -24 -30 -17 -8.38
Depreciation Expense		 0.04 0.03 0.06 0.06 0.06 0.05 0.13 0.29 0.34 0.26 0.06
Amortization Expense		 0.33 0.30 0.18 0.05 0.00 - - - - - 0.19
Non-Cash Adjustments To Reconcile Net Income		 1.84 37 -31 3.48 3.14 22 3.49 1.30 0.99 -3.88 -2.42
Changes in Operating Assets and Liabilities, net		 2.14 -11 7.80 -61 61 -12 1.50 -0.62 -3.05 -0.38 -2.99
Net Cash From Investing Activities		 -1.40 0.99 0.23 -0.04 -0.06 -0.01 -0.26 -3.43 12 3.13 -0.05
Net Cash From Continuing Investing Activities		 -1.40 0.99 0.23 -0.04 -0.06 -0.01 -0.26 -3.43 12 3.13 -0.05
Purchase of Property, Plant & Equipment		 -0.02 -0.13 -0.02 -0.04 -0.06 -0.01 -0.26 -0.43 -0.04 0.00 -0.05
Sale of Property, Plant & Equipment		 - - - - - - - - - 3.13 0.00
Net Cash From Financing Activities		 29 18 -4.13 27 -1.92 -34 0.02 11 21 11 19
Net Cash From Continuing Financing Activities		 29 18 -4.13 27 3.18 -34 0.02 11 21 11 19
Issuance of Common Equity		 20 24 1.26 33 1.59 - 0.00 11 15 7.96 17
Other Financing Activities, net		 -0.19 0.16 2.63 0.69 2.42 -34 0.07 -0.25 5.88 3.25 1.62
Cash Interest Paid		 1.84 1.68 1.08 0.35 0.02 0.02 0.03 0.02 0.02 0.02 0.01

Quarterly Cash Flow Statements for Palatin Technologies

This table details how cash moves in and out of Palatin Technologies' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
Net Change in Cash & Equivalents		 24 -15 -0.49 -7.14 1.03 -0.90 0.04 -1.29 13 -4.32 -2.67
Net Cash From Operating Activities		 -9.37 -8.61 -6.47 -7.02 -4.85 -5.35 -4.09 -1.62 -4.81 -4.42 -2.69
Net Cash From Continuing Operating Activities		 6.44 -24 -6.47 -7.02 -4.85 -5.35 -4.09 -1.62 -4.81 -4.42 -2.69
Net Income / (Loss) Continuing Operations		 -5.23 -8.44 -8.25 -7.82 -2.44 -4.81 -2.23 4.68 -7.26 -1.43 -4.36
Consolidated Net Income / (Loss)		 -5.23 -8.44 -8.25 -7.82 -2.44 -4.81 -2.23 4.68 -7.26 -1.43 -4.36
Depreciation Expense		 0.09 0.09 0.08 0.08 0.07 0.05 0.05 0.01 0.01 0.02 0.02
Amortization Expense		 - - - - - - - - - - 0.06
Non-Cash Adjustments To Reconcile Net Income		 16 -16 0.57 0.48 -2.30 -0.04 -2.01 0.17 0.31 -5.59 2.69
Changes in Operating Assets and Liabilities, net		 -4.38 -0.03 1.13 0.25 -0.18 -0.55 0.10 -6.48 2.13 2.47 -1.11
Net Cash From Financing Activities		 5.55 9.14 5.99 -0.13 3.38 4.46 3.50 0.33 18 0.14 0.02
Net Cash From Continuing Financing Activities		 5.55 9.14 5.99 -0.13 3.38 4.46 3.50 0.33 18 0.16 0.02
Other Financing Activities, net		 0.02 -0.03 6.02 -0.13 3.38 0.00 - 0.33 1.11 0.16 0.02
Cash Interest Paid		 0.00 0.00 0.00 0.01 -0.00 0.00 0.00 0.00 0.00 0.00 0.00

Annual Balance Sheets for Palatin Technologies

This table presents Palatin Technologies' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Period end date 6/30/2016 6/30/2017 6/30/2018 6/30/2019 6/30/2020 6/30/2021 6/30/2022 6/30/2023 6/30/2024 6/30/2025 6/30/2026
Total Assets		 11 57 39 105 85 67 36 18 11 3.27 8.52
Total Current Assets		 11 57 39 104 84 66 35 16 9.77 2.92 8.16
Cash & Equivalents		 8.00 40 38 44 83 60 30 7.99 9.53 2.56 7.49
Accounts Receivable		 0.00 15 0.00 60 0.00 1.58 1.78 2.92 0.00 0.03 0.30
Prepaid Expenses		 1.31 1.01 0.51 0.64 0.74 3.06 1.93 1.90 0.24 0.33 0.37
Plant, Property, & Equipment, net		 0.10 0.20 0.16 0.14 0.14 0.09 0.54 0.68 0.39 0.13 0.12
Total Noncurrent Assets		 0.06 0.06 0.34 0.18 1.32 1.29 0.94 0.93 0.58 0.22 0.24
Other Noncurrent Operating Assets		 0.06 0.06 0.34 0.18 1.32 1.29 0.94 0.93 0.58 0.22 0.24
Total Liabilities & Shareholders' Equity		 11 57 39 105 85 67 36 18 11 3.27 8.52
Total Liabilities		 28 62 12 4.19 4.88 18 20 20 11 8.04 1.84
Total Current Liabilities		 14 55 11 4.19 3.93 11 16 15 9.66 8.01 1.77
Accounts Payable		 0.71 1.55 2.22 0.50 0.72 0.64 3.16 4.30 4.10 7.00 1.11
Accrued Expenses		 7.77 11 2.10 2.85 2.90 5.80 6.88 6.51 4.19 0.88 0.50
Other Current Liabilities		 - 0.00 0.49 0.50 0.31 4.07 6.23 4.32 1.37 0.13 0.16
Total Noncurrent Liabilities		 15 7.04 1.29 0.00 0.95 7.13 3.54 4.79 1.20 0.03 0.07
Other Noncurrent Operating Liabilities		 0.44 0.75 0.46 0.00 0.95 7.13 3.54 2.70 0.16 0.03 0.07
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 - 0.00 - - 0.00 0.00
Total Equity & Noncontrolling Interests		 -18 -5.16 27 101 80 50 16 -1.98 -0.11 -4.78 6.69
Total Preferred & Common Equity		 -18 -5.16 27 101 80 50 16 -1.98 -0.11 -4.78 6.69
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 15 0.00 0.00 0.00 0.00
Total Common Equity		 -18 -5.16 27 101 80 50 1.27 -1.98 -0.11 -4.78 6.69
Common Stock		 326 352 359 396 398 401 404 410 442 454 474
Retained Earnings		 -343 -357 -332 -296 -318 -352 -388 -412 -442 -459 -467
Other Equity Adjustments		 - - - - - 0.00 -15 - - 0.00 0.00

Quarterly Balance Sheets for Palatin Technologies

This table presents Palatin Technologies' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026 Q3 2026
Period end date 12/31/2023 3/31/2024 9/30/2024 12/31/2024 3/31/2025 9/30/2025 12/31/2025 3/31/2026
Total Assets		 14 11 3.42 4.31 3.73 8.61 18 13
Total Current Assets		 12 10 2.61 3.67 3.23 8.37 17 13
Cash & Equivalents		 9.49 10 2.38 3.42 2.52 1.27 14 10
Accounts Receivable		 2.35 0.00 - - 0.27 6.91 1.64 2.17
Prepaid Expenses		 0.41 0.25 0.23 0.25 0.44 0.19 1.35 0.46
Plant, Property, & Equipment, net		 0.55 0.47 0.31 0.24 0.18 0.12 0.11 0.14
Total Noncurrent Assets		 0.76 0.67 0.50 0.40 0.31 0.13 0.35 0.31
Other Noncurrent Operating Assets		 0.76 0.67 0.50 0.40 0.31 0.13 0.35 0.31
Total Liabilities & Shareholders' Equity		 14 11 3.42 4.31 3.73 8.61 18 13
Total Liabilities		 25 9.83 11 11 10 8.22 6.46 2.63
Total Current Liabilities		 11 8.53 9.86 9.56 10 8.22 6.33 2.54
Accounts Payable		 1.59 3.44 3.95 6.72 7.77 7.41 5.45 1.69
Accrued Expenses		 5.61 2.36 4.57 1.65 0.51 0.68 0.66 0.65
Other Current Liabilities		 3.99 2.72 1.34 1.19 1.77 0.13 0.22 0.19
Total Noncurrent Liabilities		 14 1.29 1.24 1.13 0.07 0.00 0.13 0.10
Other Noncurrent Operating Liabilities		 13 0.26 0.13 0.10 0.07 0.00 0.13 0.10
Commitments & Contingencies		 - - - 0.00 - - 0.00 0.00
Total Equity & Noncontrolling Interests		 -11 1.58 -7.69 -6.38 -6.39 0.40 11 11
Total Preferred & Common Equity		 -11 1.58 -7.69 -6.38 -6.39 0.40 11 11
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 -11 1.58 -7.69 -6.38 -6.39 0.40 11 11
Common Stock		 414 435 442 446 450 455 473 474
Retained Earnings		 -425 -434 -450 -452 -457 -454 -462 -463
Other Equity Adjustments		 - - - - - - 0.00 0.00

Annual Metrics And Ratios for Palatin Technologies

This table displays calculated financial ratios and metrics derived from Palatin Technologies' official financial filings.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Period end date 6/30/2016 6/30/2017 6/30/2018 6/30/2019 6/30/2020 6/30/2021 6/30/2022 6/30/2023 6/30/2024 6/30/2025 6/30/2026
DEI Shares Outstanding		 68,040,008.00 152,801,806.00 198,677,039.00 203,063,429.00 229,258,400.00 230,049,691.00 231,773,670.00 11,523,486.00 16,136,640.00 46,479,861.00 1,779,275.00
DEI Adjusted Shares Outstanding		 2,721,600.00 6,112,072.00 7,947,082.00 8,122,537.00 9,170,336.00 9,201,988.00 9,270,947.00 11,523,486.00 16,136,640.00 46,479,861.00 1,779,275.00
DEI Earnings Per Adjusted Shares Outstanding		 -19.00 4.04 3.11 4.40 -4.89 -3.65 -3.90 -2.09 -1.84 -0.37 -4.71
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -100.00% 0.00% 0.00% -10.18% -99.80% -259.84% 878.62% 230.53% -7.49% -100.00% 0.00%
EBITDA Growth		 -181.47% 153.72% -0.38% 37.06% -103.11% -2,905.56% -7.53% 19.34% -2.27% 42.19% 51.08%
EBIT Growth		 -180.30% 152.64% 0.00% 37.87% -103.30% -2,745.35% -7.74% 18.83% -2.42% 41.99% 50.35%
NOPAT Growth		 -184.91% 174.95% 0.00% 38.33% -146.23% -41.42% -9.60% 11.29% 30.69% 22.39% 50.35%
Net Income Growth		 -192.73% 147.77% 0.00% 44.81% -225.38% 25.09% -7.74% 33.60% -23.71% 41.80% 51.59%
EPS Growth		 0.00% 136.36% 0.00% 33.33% -162.50% 25.09% -7.74% 0.00% 0.00% 68.22% 90.79%
Operating Cash Flow Growth		 -254.57% 127.20% -86.78% -1,379.01% 289.72% -100.23% -31,855.78% 2.18% -7.48% 32.28% 36.48%
Free Cash Flow Firm Growth		 -248.92% 254.57% -101.80% -2,831.16% 264.99% -135.83% -43.60% -13.93% 29.37% 25.15% 6.55%
Invested Capital Growth		 -41.93% -322.97% 84.91% 1,306.91% -104.67% -290.14% -30.78% 20.42% 20.89% 14.70% 89.03%
Revenue Q/Q Growth		 0.00% 520.25% -34.71% 191.97% -99.80% 48.16% 68.23% 71.14% -6.89% -100.00% 2.33%
EBITDA Q/Q Growth		 -407.38% 170.44% -59.59% 988.32% -103.10% -24.15% 3.16% -9.88% 24.60% 16.66% -31.39%
EBIT Q/Q Growth		 -395.67% 168.90% -59.79% 956.63% -103.28% -24.10% 3.08% -9.93% 24.39% 16.57% -33.29%
NOPAT Q/Q Growth		 -1.98% 198.11% -59.99% 1,323.75% -145.94% -23.32% 1.62% 6.57% 15.52% 20.18% -32.96%
Net Income Q/Q Growth		 41.76% 1,599.37% -61.55% 870.40% -220.90% 31.97% 3.12% 10.93% 12.34% 16.43% -34.07%
EPS Q/Q Growth		 0.00% 148.00% -64.71% 900.00% -162.50% 31.97% 3.12% 0.00% -4,519.18% -30.48% -181.32%
Operating Cash Flow Q/Q Growth		 -9.80% 6.73% 107.86% -401.49% 2.15% 99.54% -265.54% -6.89% 9.06% 10.06% 9.37%
Free Cash Flow Firm Q/Q Growth		 -13.06% 110.38% -106.61% -239.82% 21.54% -0.97% -1.04% -6.69% 15.31% 2.33% 9.35%
Invested Capital Q/Q Growth		 8.89% 45.91% 34.52% 2,473.27% -18.54% -81.32% -41.91% -8.36% -16.26% 17.58% -286.30%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 0.00% 100.00% 100.00% 100.00% 100.00% 0.00% 85.19% 91.38% 100.00% 0.00% 100.00%
EBITDA Margin		 0.00% 39.11% 38.96% 59.46% -945.95% 0.00% -2,456.45% -599.45% -662.72% 0.00% -63.83%
Operating Margin		 0.00% 38.62% 38.62% 59.28% -20,007.61% 0.00% -2,491.63% -668.75% -501.02% 0.00% -65.74%
EBIT Margin		 0.00% 38.62% 38.62% 59.28% -1,000.73% 0.00% -2,465.08% -605.39% -670.27% 0.00% -65.74%
Profit (Net Income) Margin		 0.00% 36.80% 36.80% 59.32% -38,013.75% 0.00% -2,465.06% -495.23% -662.26% 0.00% -63.54%
Tax Burden Percent		 100.00% 99.67% 99.67% 100.00% 0.00% 100.00% 100.00% 83.72% 100.00% 100.00% 100.00%
Interest Burden Percent		 105.00% 95.60% 95.60% 100.08% 0.00% 100.00% 100.00% 97.71% 98.80% 99.13% 96.65%
Effective Tax Rate		 0.00% 0.33% 0.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% 135.86% -60.43% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% 135.79% -15.47% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% -79.75% 10.79% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 1,921.88% -217.16% 226.63% 56.11% -49.64% -51.76% -109.83% -336.46% 2,843.70% 708.08% -877.53%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 0.00% -45.98% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)		 0.00% 76.60% 54.10% 49.73% -1.24% 0.00% -70.04% -108.81% -209.86% 0.00% -147.03%
Return on Assets (ROA)		 0.00% 72.99% 51.54% 49.77% -47.27% 0.00% -70.04% -89.01% -207.35% 0.00% -142.11%
Return on Common Equity (ROCE)		 1,921.91% -217.16% 226.63% 56.11% -49.64% -51.76% -84.84% 16.77% 2,843.81% 708.09% -877.47%
Return on Equity Simple (ROE_SIMPLE)		 294.06% -478.30% 91.61% 35.58% -55.94% -67.66% -222.51% 1,214.06% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -34 26 26 36 -17 -23 -26 -23 -16 -12 -6.07
NOPAT Margin		 0.00% 38.49% 38.49% 59.28% -14,005.33% 0.00% -1,744.14% -468.12% -350.71% 0.00% -46.02%
Net Nonoperating Expense Percent (NNEP)		 -471.59% -14.05% -3.92% 0.08% -44.95% -14.31% -23.51% -6.77% -160.84% -91.97% -45.94%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - - -1,710.17% 255.85% -90.75%
Cost of Revenue to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 14.81% 8.62% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 0.00% 12.87% 12.87% 16.08% 8,276.51% 0.00% 1,124.44% 315.04% 273.27% 0.00% 71.93%
R&D to Revenue		 0.00% 48.51% 48.51% 24.64% 11,831.10% 0.00% 1,452.37% 466.26% 498.88% 0.00% 93.81%
Operating Expenses to Revenue		 0.00% 61.38% 61.38% 40.72% 20,107.61% 0.00% 2,576.81% 760.13% 601.02% 0.00% 165.74%
Earnings before Interest and Taxes (EBIT)		 -49 26 26 36 -1.18 -34 -36 -29 -30 -17 -8.67
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -49 26 26 36 -1.12 -34 -36 -29 -30 -17 -8.42
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 7.15 2.34 1.46 2.83 51.30 0.00 0.00 0.00 2.87
Price to Tangible Book Value (P/TBV)		 0.00 0.00 7.15 2.34 1.46 2.83 51.30 0.00 0.00 0.00 2.87
Price to Revenue (P/Rev)		 0.00 0.98 2.87 3.91 994.84 0.00 44.29 4.99 0.14 0.00 1.46
Price to Earnings (P/E)		 0.00 2.66 7.80 6.58 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 37.60% 12.82% 15.19% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 3.35 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 0.00 0.59 2.40 3.19 292.64 0.00 34.12 3.15 0.00 0.00 0.89
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 1.50 6.15 5.37 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 1.52 6.21 5.38 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 1.52 6.23 5.38 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 3.06 94.51 0.00 0.84 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.79 0.00 0.00 0.79 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 -1.11 -2.73 0.23 0.00 0.00 0.00 0.00 -1.05 -9.26 0.00 0.00
Long-Term Debt to Equity		 -0.80 -1.22 0.01 0.00 0.00 0.00 0.00 -1.05 -9.26 0.00 0.00
Financial Leverage		 1.36 0.71 -2.66 -0.59 -0.70 -1.10 -1.37 -2.72 8.32 2.26 -5.27
Leverage Ratio		 -7.49 -2.98 4.40 1.13 1.05 1.17 1.57 3.78 -13.71 -2.87 6.18
Compound Leverage Factor		 -7.87 -2.84 4.20 1.13 0.00 1.17 1.57 3.69 -13.55 -2.84 5.97
Debt to Total Capital		 1,007.74% 157.67% 18.89% 0.33% 0.00% 0.00% 0.00% 2,016.08% 112.11% 0.00% 0.00%
Short-Term Debt to Total Capital		 278.86% 87.53% 17.89% 0.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 728.89% 70.14% 1.00% 0.00% 0.00% 0.00% 0.00% 2,016.08% 112.11% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 92.21% 0.04% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 -907.75% -57.67% 81.11% 99.67% 100.00% 100.00% 7.79% -1,916.12% -12.11% 100.00% 100.00%
Debt to EBITDA		 -0.40 0.54 0.24 0.01 0.00 0.00 0.00 -0.07 -0.03 0.00 0.00
Net Debt to EBITDA		 -0.21 -1.00 -1.21 -1.20 0.00 0.00 0.00 0.31 0.29 0.00 0.00
Long-Term Debt to EBITDA		 -0.29 0.24 0.01 0.00 0.00 0.00 0.00 -0.07 -0.03 0.00 0.00
Debt to NOPAT		 -0.57 0.55 0.24 0.01 0.00 0.00 0.00 -0.09 -0.07 0.00 0.00
Net Debt to NOPAT		 -0.29 -1.02 -1.23 -1.21 0.00 0.00 0.00 0.39 0.54 0.00 0.00
Long-Term Debt to NOPAT		 -0.41 0.24 0.01 0.00 0.00 0.00 0.00 -0.09 -0.07 0.00 0.00
Altman Z-Score		 -58.97 -5.43 2.44 32.66 10.27 -3.21 -15.75 -36.47 -66.35 -215.75 -71.42
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 22.76% 104.98% 0.00% 0.00% 0.01%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 0.77 1.03 3.58 24.94 21.28 6.27 2.13 1.08 1.01 0.36 4.61
Quick Ratio		 0.68 1.01 3.53 24.79 21.10 5.87 1.95 0.92 0.99 0.32 4.40
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -32 50 -0.90 -26 44 -16 -22 -26 -18 -13 -13
Operating Cash Flow to CapEx		 -267,667.78% 9,656.10% 7,585.87% -60,275.16% 65,722.67% -1,636.46% -11,448.25% -6,745.68% -73,981.66% 0.00% -26,381.16%
Free Cash Flow to Firm to Interest Expense		 -12.84 34.36 -0.62 -63.18 2,161.08 -665.30 -754.47 -1,274.84 -1,052.93 -897.65 -1,873.86
Operating Cash Flow to Interest Expense		 -18.85 8.87 1.17 -52.17 2,051.86 -3.99 -1,008.11 -1,462.62 -1,838.35 -1,418.08 -2,012.08
Operating Cash Flow Less CapEx to Interest Expense		 -18.85 8.78 1.16 -52.25 2,048.73 -4.24 -1,016.92 -1,484.30 -1,840.83 -1,209.76 -2,019.71
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.00 1.98 1.40 0.84 0.00 0.00 0.03 0.18 0.31 0.00 2.24
Accounts Receivable Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.87 2.07 0.00 0.00 79.85
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.21 0.57 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 453.68 370.72 394.67 0.84 0.00 4.63 7.93 8.37 0.00 106.54
Accounts Payable Turnover		 0.00 0.00 0.00 0.00 0.00 0.22 0.11 0.11 0.00 0.00 0.00
Days Sales Outstanding (DSO)		 0.00 0.00 0.00 0.00 0.00 0.00 417.64 176.56 0.00 0.00 4.57
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 1,767.26 641.29 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 0.00 0.00 0.00 0.00 0.00 1,674.30 3,186.63 3,253.90 0.00 0.00 0.00
Cash Conversion Cycle (CCC)		 0.00 0.00 0.00 0.00 0.00 0.00 -1,001.73 -2,436.04 0.00 0.00 4.57
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 -7.45 -31 -4.75 57 -2.68 -10 -14 -11 -8.61 -7.34 -0.81
Invested Capital Turnover		 0.00 -3.45 -3.70 2.29 0.00 0.00 -0.12 -0.40 -0.46 0.00 -3.24
Increase / (Decrease) in Invested Capital		 -2.20 -24 27 62 -60 -7.77 -3.22 2.79 2.27 1.27 6.54
Enterprise Value (EV)		 40 39 161 192 35 80 50 15 -7.87 3.94 12
Market Capitalization		 30 66 193 236 117 140 65 24 0.63 6.51 19
Book Value per Share		 ($0.26) ($0.03) $0.14 $0.50 $0.35 $0.22 $0.01 ($0.17) ($0.01) ($0.10) $3.76
Tangible Book Value per Share		 ($0.26) ($0.03) $0.14 $0.50 $0.35 $0.22 $0.01 ($0.17) ($0.01) ($0.10) $3.76
Total Capital		 1.94 8.96 33 101 80 50 16 0.10 0.92 -4.78 6.69
Total Debt		 20 14 6.28 0.33 0.00 0.00 0.00 2.08 1.03 0.00 0.00
Total Long-Term Debt		 14 6.28 0.33 0.00 0.00 0.00 0.00 2.08 1.03 0.00 0.00
Net Debt		 10 -26 -32 -43 -83 -60 -30 -8.90 -8.50 -2.56 -7.49
Capital Expenditures (CapEx)		 0.02 0.13 0.02 0.04 0.06 0.01 0.26 0.43 0.04 -3.13 0.05
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -7.17 -31 -4.30 57 -3.19 -4.71 -12 -9.79 -9.42 -7.65 -1.10
Debt-free Net Working Capital (DFNWC)		 2.22 9.46 34 101 80 55 18 1.19 0.11 -5.09 6.39
Net Working Capital (NWC)		 -3.19 1.62 28 100 80 55 18 1.19 0.11 -5.09 6.39
Net Nonoperating Expense (NNE)		 17 1.14 1.14 -0.03 28 10 11 1.32 14 5.09 2.31
Net Nonoperating Obligations (NNO)		 10 -26 -32 -43 -83 -60 -30 -8.90 -8.50 -2.56 -7.49
Total Depreciation and Amortization (D&A)		 0.37 0.33 0.23 0.11 0.06 0.05 0.13 0.29 0.34 0.26 0.25
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% -46.17% -6.41% 94.61% -2,703.08% 0.00% -790.14% -201.76% -209.69% 0.00% -8.34%
Debt-free Net Working Capital to Revenue		 0.00% 14.08% 50.20% 166.77% 67,517.25% 0.00% 1,248.67% 24.51% 2.49% 0.00% 48.48%
Net Working Capital to Revenue		 0.00% 2.41% 41.34% 166.21% 67,517.25% 0.00% 1,248.67% 24.51% 2.49% 0.00% 48.48%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($8.25) ($1.75) $3.00 $4.25 ($2.50) ($3.50) $379.00 ($2.53) ($5,050.00) $0.00 ($2.96)
Adjusted Weighted Average Basic Shares Outstanding		 3.44M 7.16M 7.92M 8.31M 9.39M 9.25M 9.29M 11.95M 5.88K 973.29K 2.83M
Adjusted Diluted Earnings per Share		 ($8.25) $0.00 $3.00 $4.00 ($2.50) ($3.50) $379.00 ($2.53) $0.00 ($32.15) ($2.96)
Adjusted Weighted Average Diluted Shares Outstanding		 3.44M 7.16M 8.28M 8.69M 9.39M 9.25M 9.29M 11.95M 7.82K 538.35K 2.83M
Adjusted Basic & Diluted Earnings per Share		 ($8.25) $0.00 $0.00 $0.00 $0.00 ($3.50) $379.00 ($2.53) $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 6.26M 7.36M 8.08M 9.08M 9.19M 9.47M 9.54M 10.89M 7.82K 973.29K 1.78M
Normalized Net Operating Profit after Tax (NOPAT)		 -34 26 26 25 -17 -21 -26 -23 -16 -14 -6.07
Normalized NOPAT Margin		 0.00% 38.49% 38.49% 41.49% -14,005.33% 0.00% -1,744.14% -468.12% -350.71% 0.00% -46.02%
Pre Tax Income Margin		 0.00% 36.92% 36.92% 59.32% 0.00% 0.00% -2,465.06% -591.55% -662.26% 0.00% -63.54%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 -19.60 17.86 17.86 85.60 -58.62 -1,433.30 -1,219.55 -1,468.23 -1,758.55 -1,162.06 -1,288.77
NOPAT to Interest Expense		 -13.72 17.80 17.80 85.60 -820.45 -996.97 -862.88 -1,135.32 -920.14 -813.44 -902.14
EBIT Less CapEx to Interest Expense		 -19.61 17.76 17.84 85.52 -61.75 -1,433.55 -1,228.35 -1,489.91 -1,761.04 -953.74 -1,296.40
NOPAT Less CapEx to Interest Expense		 -13.73 17.70 17.78 85.52 -823.58 -997.21 -871.68 -1,157.01 -922.63 -605.12 -909.77
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Quarterly Metrics And Ratios for Palatin Technologies

This table displays calculated financial ratios and metrics derived from Palatin Technologies' official financial filings.

Metric Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q4 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
DEI Shares Outstanding		 13,737,137.00 16,136,640.00 16,136,640.00 19,548,167.00 19,548,167.00 26,005,846.00 46,479,861.00 973,291.00 - 1,772,199.00 1,779,275.00
DEI Adjusted Shares Outstanding		 13,737,137.00 16,136,640.00 16,136,640.00 19,548,167.00 19,548,167.00 26,005,846.00 46,479,861.00 973,291.00 - 1,772,199.00 1,779,275.00
DEI Earnings Per Adjusted Shares Outstanding		 -1.13 -0.52 0.13 -0.40 -0.24 -0.19 -0.05 4.81 - -0.81 -2.45
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 0.00% -100.00% -11.92% -100.00% -100.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Growth		 -326.96% 2.74% 63.26% -53.34% 69.34% 43.60% 60.96% 159.82% -205.28% 67.33% -97.06%
EBIT Growth		 -341.01% 3.67% 62.92% -49.93% 68.78% 43.54% 60.59% 159.03% -196.98% 67.34% -96.01%
NOPAT Growth		 121.00% -26.26% 11.71% -27.10% -322.59% 47.79% 76.23% 185.76% -180.65% 67.15% -94.64%
Net Income Growth		 -389.72% 2.70% 42.64% -50.28% 68.86% 42.96% 60.41% 159.79% -197.40% 70.22% -95.47%
EPS Growth		 0.00% 30.26% 144.00% 0.00% 0.00% -1,622.64% 2,272.73% 121.61% 51.69% 95.95% -252.87%
Operating Cash Flow Growth		 3.20% -511.15% 32.62% 0.00% 48.25% 37.79% 36.82% 76.92% 0.83% 17.50% 34.21%
Free Cash Flow Firm Growth		 240.57% -93.19% 13.56% -78.74% -181.46% 79.48% 68.13% 138.46% 15.13% -460.15% -237.31%
Invested Capital Growth		 -308.39% 26.27% 20.89% 0.00% 55.65% -20.32% 14.70% 0.00% 65.66% 104.85% 89.03%
Revenue Q/Q Growth		 0.00% -100.00% 0.00% -100.00% 0.00% 0.00% 0.00% 0.00% -98.69% 3,278.84% -92.33%
EBITDA Q/Q Growth		 -1.20% -8.64% 33.56% -38.59% 69.34% -99.83% 54.01% 0.00% -256.44% 78.62% -177.43%
EBIT Q/Q Growth		 -0.10% -8.47% 33.27% -38.01% 68.75% -96.18% 53.42% 0.00% -257.23% 78.43% -179.56%
NOPAT Q/Q Growth		 115.11% -885.78% -3.62% 18.71% 66.37% -84.32% 52.82% 0.00% -210.06% 78.43% -179.56%
Net Income Q/Q Growth		 -0.26% -7.54% 33.23% -38.90% 68.78% -96.99% 53.66% 0.00% -255.29% 80.27% -204.16%
EPS Q/Q Growth		 0.00% 0.00% 120.75% -18,018.18% 69.96% -54.22% 128.59% 0.00% -167.14% 87.06% -978.38%
Operating Cash Flow Q/Q Growth		 -58.57% 8.10% 24.80% -8.40% 30.92% -10.46% 23.63% 60.40% -196.83% 8.11% 39.10%
Free Cash Flow Firm Q/Q Growth		 270.87% -157.73% 1.44% -60.72% 10.92% 85.46% -53.08% 0.00% -296.57% 4.03% 7.82%
Invested Capital Q/Q Growth		 -120.49% 62.54% -16.26% 100.00% 0.00% -1.62% 17.58% 0.00% -243.36% 114.36% -286.30%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 100.00% 0.00% 100.00% 0.00% 0.00% 0.00% 0.00% 100.00% 100.00% 100.00% 100.00%
EBITDA Margin		 -384.11% 0.00% -229.62% 0.00% 0.00% 0.00% 0.00% 52.84% -6,303.35% -39.89% -1,442.66%
Operating Margin		 57.67% 0.00% -272.25% 0.00% 0.00% 0.00% 0.00% 52.68% -6,315.75% -40.32% -1,469.49%
EBIT Margin		 -388.59% 0.00% -232.96% 0.00% 0.00% 0.00% 0.00% 52.68% -6,315.75% -40.32% -1,469.49%
Profit (Net Income) Margin		 -385.62% 0.00% -229.35% 0.00% 0.00% 0.00% 0.00% 52.87% -6,260.01% -36.55% -1,449.14%
Tax Burden Percent		 50.38% 100.00% -269.12% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Interest Burden Percent		 196.98% 98.39% -36.58% 99.08% 98.98% 99.39% 98.89% 100.35% 99.12% 90.64% 98.61%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 -1,377.51% -607.31% 2,843.70% 0.00% 303.42% 861.46% 708.08% -1,212.46% -378.67% -297.24% -877.53%
Cash Return on Invested Capital (CROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -3,215.43% 0.00%
Operating Return on Assets (OROA)		 -102.73% 0.00% -72.94% 0.00% 0.00% 0.00% 0.00% 54.11% -5,091.51% -61.29% -3,286.51%
Return on Assets (ROA)		 -101.94% 0.00% -71.81% 0.00% 0.00% 0.00% 0.00% 54.30% -5,046.56% -55.55% -3,240.99%
Return on Common Equity (ROCE)		 -1,377.49% -607.31% 2,843.81% 0.00% 303.42% 861.48% 708.09% -1,212.23% -378.66% -297.23% -877.47%
Return on Equity Simple (ROE_SIMPLE)		 300.03% -2,148.46% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 0.82 -6.45 -6.69 -5.44 -1.83 -3.37 -1.59 4.66 -5.13 -1.11 -3.09
NOPAT Margin		 40.37% 0.00% -272.25% 0.00% 0.00% 0.00% 0.00% 52.68% -4,421.03% -28.23% -1,028.65%
Net Nonoperating Expense Percent (NNEP)		 -58.63% -13.86% 12.11% 0.00% -11.42% -25.08% -11.58% 2.59% -25.31% -5.15% -25.15%
Return On Investment Capital (ROIC_SIMPLE)		 -7.99% -247.12% -726.14% - 34.17% 52.75% 33.27% 1,175.85% -44.74% -10.45% -46.27%
Cost of Revenue to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 149.09% 0.00% 211.04% 0.00% 0.00% 0.00% 0.00% 18.77% 2,692.97% 50.61% 902.50%
R&D to Revenue		 273.05% 0.00% 160.54% 0.00% 0.00% 0.00% 0.00% 28.55% 3,722.78% 89.71% 666.99%
Operating Expenses to Revenue		 422.14% 0.00% 57.67% 0.00% 0.00% 0.00% 0.00% 47.32% 6,415.75% 140.32% 1,569.49%
Earnings before Interest and Taxes (EBIT)		 -7.90 -8.57 -5.72 -7.90 -2.47 -4.84 -2.25 4.66 -7.33 -1.58 -4.42
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -7.81 -8.49 -5.64 -7.82 -2.40 -4.79 -2.20 4.68 -7.31 -1.56 -4.34
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 19.11 0.00 0.00 0.00 0.00 0.00 19.44 2.28 2.91 2.87
Price to Tangible Book Value (P/TBV)		 0.00 19.11 0.00 0.00 0.00 0.00 0.00 19.44 2.28 2.91 2.87
Price to Revenue (P/Rev)		 9.08 6.26 0.14 7.33 62.00 6.17 0.00 0.87 2.92 2.40 1.46
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 47.90 0.00
Enterprise Value to Revenue (EV/Rev)		 7.69 4.39 0.00 0.00 55.18 5.15 0.00 0.73 1.31 1.61 0.89
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 -0.10 0.65 -9.26 0.00 -0.16 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity		 -0.10 0.65 -9.26 0.00 -0.16 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 -5.96 -2.56 8.32 0.00 0.61 2.39 2.26 -3.21 -3.32 -3.02 -5.27
Leverage Ratio		 9.18 3.31 -13.71 0.00 -1.01 -3.15 -2.87 21.73 4.37 4.03 6.18
Compound Leverage Factor		 18.08 3.26 5.02 0.00 -1.00 -3.13 -2.83 21.81 4.33 3.65 6.09
Debt to Total Capital		 -10.77% 39.53% 112.11% 0.00% -19.30% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 -10.77% 39.53% 112.11% 0.00% -19.30% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 110.77% 60.47% -12.11% 0.00% 119.30% 100.00% 100.00% 99.98% 100.00% 100.00% 100.00%
Debt to EBITDA		 -0.03 -0.03 -0.03 0.00 -0.04 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 0.21 0.23 0.29 0.00 0.09 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA		 -0.03 -0.03 -0.03 0.00 -0.04 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 -0.06 -0.06 -0.07 0.00 -0.05 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 0.48 0.48 0.54 0.00 0.12 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT		 -0.06 -0.06 -0.07 0.00 -0.05 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 -43.95 -53.24 -58.87 0.00 -149.06 -176.46 -200.39 -70.45 -33.72 -40.48 -69.77
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.00% 0.00% 0.01%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.09 1.20 1.01 0.00 0.38 0.32 0.36 1.02 2.76 5.04 4.61
Quick Ratio		 1.06 1.17 0.99 0.00 0.36 0.28 0.32 1.00 2.54 4.86 4.40
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 16 -9.09 -8.96 -14 -13 -1.86 -2.85 5.54 -11 -10 -9.63
Operating Cash Flow to CapEx		 0.00% 0.00% -131,795.07% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -11,477.96% 0.00%
Free Cash Flow to Firm to Interest Expense		 9,809.92 -7,248.63 -1,077.43 -2,423.97 -3,372.47 -1,038.95 -818.70 2,766.10 -21,857.94 -8,238.36 -3,255.45
Operating Cash Flow to Interest Expense		 -5,835.43 -6,863.56 -778.41 -1,181.18 -1,274.55 -2,982.88 -1,172.65 -808.88 -9,652.30 -3,483.49 -909.39
Operating Cash Flow Less CapEx to Interest Expense		 -5,835.43 -6,863.56 -779.00 -1,181.18 -1,274.55 -2,982.88 -991.98 -808.88 -9,652.30 -3,513.84 -909.39
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.26 0.26 0.31 0.00 0.04 0.32 0.00 1.03 0.81 1.52 2.24
Accounts Receivable Turnover		 1.36 0.00 0.00 0.00 0.00 0.00 0.00 1.28 0.00 10.57 79.85
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 9.83 8.18 8.37 0.00 0.89 7.58 0.00 76.90 51.33 81.17 106.54
Accounts Payable Turnover		 0.19 0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)		 267.71 0.00 0.00 0.00 0.00 0.00 0.00 284.91 0.00 34.54 4.57
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 1,888.46 10,928.32 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)		 -1,620.74 -10,928.32 0.00 0.00 0.00 0.00 0.00 284.91 0.00 34.54 4.57
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 -20 -7.40 -8.61 0.00 -8.77 -8.91 -7.34 -0.88 -3.01 0.43 -0.81
Invested Capital Turnover		 -0.49 -0.55 -0.46 0.00 -0.02 -0.30 0.00 -20.18 -1.52 -3.04 -3.24
Increase / (Decrease) in Invested Capital		 -15 2.64 2.27 8.96 11 -1.50 1.27 -0.88 5.76 9.34 6.54
Enterprise Value (EV)		 46 21 -7.87 0.00 19 13 3.94 6.43 12 21 12
Market Capitalization		 55 30 0.63 17 22 15 6.51 7.71 26 31 19
Book Value per Share		 ($0.83) $0.10 ($0.01) $0.00 ($0.33) ($0.25) ($0.10) $0.41 $6.73 $5.98 $3.76
Tangible Book Value per Share		 ($0.83) $0.10 ($0.01) $0.00 ($0.33) ($0.25) ($0.10) $0.41 $6.73 $5.98 $3.76
Total Capital		 -10 2.61 0.92 0.00 -5.35 -6.39 -4.78 0.40 11 11 6.69
Total Debt		 1.11 1.03 1.03 0.00 1.03 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 1.11 1.03 1.03 0.00 1.03 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 -8.38 -8.98 -8.50 0.00 -2.38 -2.52 -2.56 -1.27 -14 -10 -7.49
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 -0.63 0.00 0.00 0.04 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -8.44 -8.28 -9.42 0.00 -9.31 -9.34 -7.65 -1.12 -3.34 0.09 -1.10
Debt-free Net Working Capital (DFNWC)		 1.05 1.74 0.11 0.00 -5.89 -6.82 -5.09 0.15 11 10 6.39
Net Working Capital (NWC)		 1.05 1.74 0.11 0.00 -5.89 -6.82 -5.09 0.15 11 10 6.39
Net Nonoperating Expense (NNE)		 8.67 1.98 -1.05 2.39 0.61 1.44 0.64 -0.02 2.13 0.33 1.26
Net Nonoperating Obligations (NNO)		 -8.38 -8.98 -8.50 0.00 -2.38 -2.52 -2.56 -1.27 -14 -10 -7.49
Total Depreciation and Amortization (D&A)		 0.09 0.09 0.08 0.08 0.07 0.05 0.05 0.01 0.01 0.02 0.08
Debt-free, Cash-free Net Working Capital to Revenue		 -140.23% -171.66% -209.69% 0.00% -2,658.76% -380.10% 0.00% -12.68% -37.28% 0.70% -8.34%
Debt-free Net Working Capital to Revenue		 17.38% 36.00% 2.49% 0.00% -1,682.58% -277.49% 0.00% 1.71% 124.22% 79.55% 48.48%
Net Working Capital to Revenue		 17.38% 36.00% 2.49% 0.00% -1,682.58% -277.49% 0.00% 1.71% 124.22% 79.55% 48.48%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 ($0.53) $275.00 $0.00 ($0.12) $0.00 $2.61 $4.81 ($2.86) ($0.37) ($4.54)
Adjusted Weighted Average Basic Shares Outstanding		 16.14M 16.14M 7.82K 0.00 20.63M 46.48M 538.35K 971.65K 2.54M 3.91M 2.83M
Adjusted Diluted Earnings per Share		 $0.00 ($0.53) $275.00 $0.00 $0.00 ($0.18) $2.61 $4.26 ($2.86) ($0.37) ($3.99)
Adjusted Weighted Average Diluted Shares Outstanding		 16.14M 16.14M 118.00 0.00 26.01M 26.34M 538.35K 1.10M 2.54M 3.91M 2.83M
Adjusted Basic & Diluted Earnings per Share		 $0.00 ($0.53) $275.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 14.10M 15.79M 7.82K 0.00 26.01M 46.48M 973.29K 1.70M 1.77M 1.78M 1.78M
Normalized Net Operating Profit after Tax (NOPAT)		 0.82 -6.44 -4.68 -5.44 -3.58 -3.37 -1.59 3.26 -5.13 -1.11 -3.09
Normalized NOPAT Margin		 40.37% 0.00% -190.57% 0.00% 0.00% 0.00% 0.00% 36.88% -4,421.03% -28.23% -1,028.65%
Pre Tax Income Margin		 -765.44% 0.00% 85.22% 0.00% 0.00% 0.00% 0.00% 52.87% -6,260.01% -36.55% -1,449.14%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 -4,924.89 -6,837.06 -688.09 -1,329.34 -648.89 -2,696.98 -646.66 2,328.20 -14,715.96 -1,246.84 -1,494.18
NOPAT to Interest Expense		 511.65 -5,145.78 -804.12 -915.03 -480.65 -1,877.01 -455.84 2,328.20 -10,301.17 -872.79 -1,045.93
EBIT Less CapEx to Interest Expense		 -4,924.89 -6,837.06 -688.68 -1,329.34 -648.89 -2,696.98 -465.99 2,328.20 -14,715.96 -1,277.19 -1,494.18
NOPAT Less CapEx to Interest Expense		 511.65 -5,145.78 -804.71 -915.03 -480.65 -1,877.01 -275.17 2,328.20 -10,301.17 -903.14 -1,045.93
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Financials Breakdown Chart

Key Financial Trends

Palatin Technologies’ statements show a business with highly uneven revenue, recurring operating losses and meaningful cash burn. There are some signs of improved liquidity in the available balance sheets, but they do not yet translate into consistent profitability or positive operating cash flow.

  • Revenue reached $8.8 million in the first quarter of fiscal 2026 and $3.9 million in the third quarter, after several quarters with little or no reported revenue. The recent revenue demonstrates the potential for meaningful sales, although the results have been inconsistent.
  • The latest available balance sheet, dated March 31, 2026, showed $10.2 million in cash and $12.8 million in current assets against $2.5 million in current liabilities. That provides a stronger short-term liquidity position than the September 2025 balance sheet, when cash was $1.3 million and current liabilities exceeded current assets.
  • Operating cash outflow narrowed to $2.7 million in the fourth quarter of fiscal 2026 from $4.4 million in the third quarter. It remained negative, but the sequential improvement reduced the quarter’s cash burn.
  • Shareholders’ equity was positive in the available fiscal 2026 balance sheets, including $10.6 million at March 31, 2026. Earlier supplied balance sheets showed negative equity, so the change marks an improvement in the reported capital position.
  • The company recorded about $13.2 million in revenue for fiscal 2026, but the quarterly pattern was volatile: revenue fell from $8.8 million in the first quarter to $116,000 in the second, rose to $3.9 million in the third, and was $301,000 in the fourth.
  • The supplied data does not include a fourth-quarter fiscal 2026 balance sheet, so the March 31 cash and liquidity figures are not a measure of the company’s position at June 30. Some reported earnings-per-share and share-count figures also appear inconsistent, making them difficult to interpret reliably.
  • Palatin remained unprofitable in three of the four supplied fiscal 2026 quarters. The quarterly losses included $7.3 million in the second quarter and $4.4 million in the fourth; the full-year figures sum to an approximate net loss of $8.4 million.
  • Operating cash flow was negative in every supplied fiscal 2026 quarter, totaling approximately $13.5 million in outflows. Continued cash burn could increase the need for additional financing if the company does not improve cash generation.
  • Revenue has not yet been dependable enough to cover the company’s expenses. Fourth-quarter fiscal 2026 revenue of about $301,000 was far below selling, general and administrative expense of $2.7 million and research and development expense of $2.0 million.
  • Financing activity has helped support cash levels, but repeated reliance on equity financing can dilute existing shareholders. The supplied statements show financing inflows in several periods, including substantial financing cash flow in the second quarter of fiscal 2026.
11/10/26 03:43 AM ETAI Generated. May Contain Errors.

Palatin Technologies Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Palatin Technologies' financial year ends in June. Their financial year 2026 ended on June 30, 2026.

Palatin Technologies' net income appears to be on a downward trend, with a most recent value of -$8.38 million in 2026, rising from -$51.71 million in 2016. The previous period was -$17.31 million in 2025. Find out what analysts predict for Palatin Technologies in the coming months.

Palatin Technologies' total operating income in 2026 was -$8.67 million, based on the following breakdown:
  • Total Gross Profit: $13.19 million
  • Total Operating Expenses: $21.85 million

Over the last 10 years, Palatin Technologies' total revenue changed from $0.00 in 2016 to $13.19 million in 2026, a change of 1,318,503,100.0%.

In the past 9 quarters, Palatin Technologies' cash and equivalents has ranged from $1.27 million in Q1 2026 to $14.48 million in Q2 2026, and is currently $10.16 million as of their latest financial filing in Q3 2026.

Palatin Technologies had total debt of $0.00 at the end of 2026, compared with none in 2025, and a 100.0% decrease since 2016.

Over the last 10 years, Palatin Technologies' book value per share changed from -0.26 in 2016 to 3.76 in 2026.



Financial statements for NASDAQ:PTN last updated on 11/7/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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