ZNTL (ZNTL) financial statements
ZNTL reported revenue of $0 in fiscal 2025.
Net income was -$137M.
Free cash flow was -$125M, and the company returned $10M in net buybacks.
The diluted share count rose 1184% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from ZNTL's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | $0 | $0 | $67M | $0 |
| Research and development | $38M | $85M | $176M | $173M | $190M | $168M | $107M |
| Selling, general and admin | $8M | $34M | $41M | $55M | $64M | $87M | $38M |
| Operating income | -$47M | -$119M | -$217M | -$227M | -$300M | -$191M | -$153M |
| Pre-tax income | -$46M | -$118M | -$165M | -$221M | -$277M | -$166M | -$137M |
| Income tax | $15,000 | $444,000 | -$297,000 | -$469,000 | -$601,000 | $177,000 | $442,000 |
| Net income | -$46M | -$118M | -$159M | -$237M | -$292M | -$166M | -$137M |
| EPS (diluted) | -$8.16 | -$4.19 | -$3.72 | -$4.48 | -$4.47 | -$2.33 | -$1.91 |
| Diluted shares | 6M | 28M | 43M | 53M | 65M | 71M | 72M |
| Operating margin | — | — | — | — | — | -283.6% | — |
| Net margin | — | — | — | — | — | -246.0% | — |
Balance sheet
Fiscal years, from ZNTL's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $67M | $339M | $60M | $43M | $483M | $352M | $246M |
| Receivables | $140,000 | $417,000 | $4,000 | — | $0 | $5M | $0 |
| Total current assets | $69M | $345M | $351M | $452M | $497M | $386M | $253M |
| Property, plant and equipment | $501,000 | $1M | $8M | $8M | $6M | $5M | $3M |
| Goodwill | $4M | $4M | $4M | $4M | $4M | $0 | — |
| Total assets | $87M | $366M | $455M | $539M | $552M | $430M | $289M |
| Total current liabilities | $15M | $29M | $44M | $57M | $69M | $53M | $37M |
| Total liabilities | $19M | $32M | $90M | $105M | $114M | $93M | $73M |
| Shareholders' equity | -$73M | $309M | $364M | $434M | $437M | $337M | $216M |
| Net debt | -$67M | -$55M | -$60M | -$43M | -$28M | -$34M | -$36M |
Cash flow
Fiscal years, from ZNTL's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$39M | -$87M | -$154M | -$164M | -$208M | -$171M | -$125M |
| Capital spending | $352,000 | $758,000 | $6M | $3M | $583,000 | $221,000 | $0 |
| Free cash flow | -$39M | -$88M | -$160M | -$166M | -$208M | -$171M | -$125M |
| Stock-based compensation | $617,000 | $23M | $36M | $47M | $55M | $67M | $21M |
| Share buybacks (net) | — | — | — | — | $0 | $0 | -$10M |
| Free cash flow margin | — | — | — | — | — | -253.7% | — |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for ZNTL.
Open ZNTL in InvestinglyQuestions
What was ZNTL's revenue in 2025?
$0 in fiscal 2025, from its 10-K filing.
How much free cash flow does ZNTL generate?
-$125M in fiscal 2025 (operating cash flow minus capital spending).
From ZNTL's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.