ORMP (ORMP) financial statements
ORMP reported revenue of $2M in fiscal 2025, up 13.5% a year over 9 years.
Net income was $64M and the operating margin -754.4%, against -1561.6% in 2016.
Free cash flow was -$9M, and the company returned $5M in net buybacks.
The diluted share count rose 236% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from ORMP's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $641,000 | $2M | $2M | $3M | $3M | $3M | $3M | $1M | — | $2M |
| Cost of revenue | $490,000 | $187,000 | -$86,000 | $90,000 | — | — | — | — | — | $2M |
| Gross profit | $151,000 | $2M | $3M | $3M | — | — | — | — | — | $13,000 |
| Research and development | $8M | $10M | $12M | $14M | $10M | $21M | $28M | $9M | $6M | $6M |
| Selling, general and admin | $2M | $3M | $4M | $4M | $4M | $6M | $14M | $8M | $6M | $9M |
| Operating income | -$10M | -$11M | -$14M | -$15M | -$12M | -$24M | -$41M | -$16M | -$13M | -$15M |
| Interest expense | — | — | — | — | — | — | — | $2M | $853,000 | — |
| Pre-tax income | -$10M | -$10M | -$13M | -$14M | -$12M | $5M | -$38M | $5M | -$16M | $75M |
| Income tax | $1M | $400,000 | — | $300,000 | — | — | $100,000 | — | $3M | $11M |
| Net income | -$11M | -$10M | -$13M | -$14M | -$12M | -$23M | -$37M | $5M | -$19M | $64M |
| EPS (diluted) | $0.87 | $0.79 | $0.86 | $0.82 | $0.56 | $0.78 | -$0.94 | $0.14 | -$0.48 | $1.50 |
| Diluted shares | 13M | 13M | 15M | 17M | 21M | 28M | 39M | 41M | 41M | 42M |
| Gross margin | 23.6% | 92.4% | 103.5% | 96.7% | — | — | — | — | — | 0.7% |
| Operating margin | -1561.6% | -438.6% | -552.3% | -541.3% | -433.8% | -896.2% | -1502.0% | -1176.8% | — | -754.4% |
| Net margin | -1710.5% | -426.7% | -519.7% | -531.1% | -424.8% | -850.5% | -1352.6% | 379.7% | — | 3202.5% |
Balance sheet
Fiscal years, from ORMP's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $7M | $7M | $10M | $7M | $29M | $83M | $44M | $67M | $58M | $51M |
| Total current assets | $31M | $20M | $31M | $33M | $41M | $95M | $157M | $163M | $143M | $133M |
| Property, plant and equipment | $16,000 | $18,000 | $17,000 | $24,000 | $99,000 | $397,000 | $815,000 | $873,000 | $698,000 | $586,000 |
| Total assets | $43M | $39M | $47M | $35M | $45M | $128M | $162M | $221M | $155M | $231M |
| Total current liabilities | $4M | $5M | $5M | $5M | $5M | $7M | $6M | $53M | $6M | $19M |
| Total liabilities | $17M | $19M | $16M | $15M | $12M | $11M | $10M | $58M | $10M | $31M |
| Shareholders' equity | $26M | $19M | $31M | $19M | $33M | $116M | $152M | $164M | $146M | $200M |
| Net debt | -$4M | -$4M | -$5M | -$3M | -$19M | -$77M | -$40M | -$9M | -$54M | -$46M |
Cash flow
Fiscal years, from ORMP's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $5M | -$6M | -$15M | -$13M | -$12M | -$21M | -$28M | -$10M | -$8M | -$9M |
| Capital spending | $9,000 | $7,000 | $5,000 | $15,000 | $82,000 | $375,000 | $496,000 | $254,000 | $18,000 | $9,000 |
| Free cash flow | $5M | -$6M | -$15M | -$13M | -$13M | -$22M | -$28M | -$11M | -$8M | -$9M |
| Stock-based compensation | $634,000 | $2M | $2M | $808,000 | $465,000 | $3M | $12M | $4M | $4M | $6M |
| Share buybacks (net) | — | — | — | — | — | — | — | — | -$2M | -$5M |
| Net borrowing | — | — | — | — | — | — | — | -$50M | -$50M | — |
| Free cash flow margin | 724.8% | -237.7% | -598.7% | -479.3% | -462.1% | -797.5% | -1051.2% | -787.2% | — | -457.7% |
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Open ORMP in InvestinglyQuestions
What was ORMP's revenue in 2025?
$2M in fiscal 2025, from its 10-K filing.
How much free cash flow does ORMP generate?
-$9M in fiscal 2025 (operating cash flow minus capital spending).
From ORMP's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.