← Connect Biopharma Holdings Ltd
| Annual Trend | FY 2012 | FY 2013 | FY 2014 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income From Continuing Operations | ($1.0m) | ($19k) | $228k | — | — | ($5.9b) | ($5.8m) | ($62.1m) | ($15.6m) | ($55.5m) | ($64.6m) | |
| Net loss from continuing operations | — | — | — | — | — | — | ($5.8m) | ($4.9m) | — | — | — | |
| Purchase of financial assets at fair value through profit or loss | — | — | — | ($163.0m) | ($106.6m) | ($114.5m) | ($41.0m) | ($1.6m) | — | — | — | |
| Proceeds from disposal of financial assets at fair value through profit or loss | — | — | — | $160.7m | $124.8m | $128.0m | $41.1m | $1.6m | — | — | — | |
| Profit or Loss | — | — | — | — | ($779.2m) | ($205.0m) | ($114.4m) | ($59.5m) | — | — | — | |
| Depreciation, Depletion and Amortization | — | — | — | — | — | $627k | — | $979k | $660k | $704k | $695k | |
| Depreciation Expense | — | — | — | — | — | $5k | $54k | $39k | — | — | $695k | |
| Amortization Cash Flow | — | — | — | — | — | $7k | — | $9k | — | — | — | |
| Amortization Of Intangibles | — | — | — | — | — | $7k | — | $9k | — | — | $9k | |
| Amortization Of Securities | — | — | — | — | — | — | — | ($1.7m) | ($123k) | ($773k) | ($531k) | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | — | $720k | $660k | $704k | $695k | |
| Share-based Payment Arrangement, Noncash Expense | — | — | — | — | — | — | — | — | $6.7m | $3.7m | $4.0m | |
| Adjustments For Share-Based Payments | — | — | — | — | $25.2m | $57.9m | $45.6m | $3.3m | — | — | — | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | — | — | $6.7m | $3.7m | $4.0m | |
| Stock-Based Compensation Expense | $42k | $0 | $308k | — | — | — | — | — | — | — | $4.0m | |
| Asset Impairment Charge | — | — | — | — | — | — | — | $0 | $232k | $0 | $0 | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | — | $2.6m | $523k | — | |
| Nonoperating Income (Expense) | — | — | — | — | — | — | — | — | $7.0m | $2.8m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | — | $9.9m | ($15.5m) | $580k | $3.2m | |
| Increase (Decrease) in Accounts Receivable | — | — | — | — | — | — | — | — | $789k | ($776k) | $8k | |
| Accounts receivable | — | — | — | — | — | ($266k) | ($1.0m) | $941k | — | — | $8k | |
| Change In Receivables | — | — | — | — | — | — | — | $0 | ($789k) | $776k | $8k | |
| Changes In Account Receivables | — | — | — | — | — | — | — | $0 | ($789k) | $776k | $8k | |
| Inventories | — | — | — | — | — | ($249k) | ($349k) | $463k | — | — | — | |
| Increase (Decrease) in Accounts Payable | — | — | — | — | — | — | — | — | ($1.9m) | $1.6m | $3.5m | |
| Accrued expenses and other payables | — | — | — | — | — | $491k | $66k | ($188k) | — | — | — | |
| Accounts payable - related party | — | — | — | — | — | $3k | ($3k) | $10k | — | — | $3.5m | |
| Accounts payable and accrued liabilities | ($136k) | $11k | ($12k) | — | — | — | — | — | — | — | $3.5m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | — | ($7.2m) | ($3.5m) | $5.0m | $3.5m | |
| Change In Accrued Expense | — | — | — | — | — | — | — | ($6.1m) | ($1.7m) | $3.4m | $3.5m | |
| Change In Other Current Assets | — | — | — | — | — | ($1.4m) | — | $120k | — | — | $120k | |
| Change In Other Current Liabilities | — | — | — | — | — | — | — | ($182k) | $227k | ($518k) | ($542k) | |
| Net Cash Provided by (Used in) Operating Activities | ($1.0m) |
($209)
+99.98%
|
$237k
+113670.81%
|
($90.3m)
-38124.46%
|
($167.2m)
-85.21%
|
($544.9m)
-225.99%
|
($679.7m)
-24.73%
|
($47.9m)
+92.95%
|
($23.6m)
+50.74%
|
($51.2m)
-116.86%
|
($57.3m)
-11.81%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | — | — | — | — | ($9k) | ($37k) | $37k | |
| Cash paid for equipment, net cash received for sale or disposal | — | — | — | — | — | ($211k) | ($16k) | ($311k) | — | — | — | |
| Write-down of mineral property | $100k | $0 | — | — | — | — | — | — | — | — | — | |
| Payments to Acquire Property, Plant, and Equipment | — | — | — | ($1.1m) | ($15.0m) | ($24.9m) | ($29.3m) | ($294k) | $750k | $434k | ($434k) | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | — | — | — | — | — | $0 | $0 | — | |
| Gain on sale of marketable securities | ($198k) | ($24k) | — | — | — | — | — | — | — | — | — | |
| Proceeds from Investments | $263k | $184k | — | — | — | — | — | — | — | — | $44.7m | |
| Change in investments | $19 | $0 | — | — | — | — | — | — | — | — | — | |
| Cash, Cash Equivalents, and Short-term Investments | — | — | — | — | — | — | — | — | $93.7m | $44.3m | — | |
| Net cash (used in)/generated from investing activities | — | — | — | ($3.3m) | $2.9m | ($34.0m) | ($571.3m) | $75.2m | — | — | — | |
| Net Cash from Investing Activities | $436k | $125k | $152k | — | — | ($697k) | ($1.1m) | $1.2m | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | — | — | — | — | — | — | — | — | ($3.5m) | $9.8m | $36.5m | |
| Cash flows from financing activities: | ||||||||||||
| Net Issuance Payments Of Debt | — | — | — | — | — | ($126k) | — | ($290k) | — | — | ($290k) | |
| Net Long Term Debt Issuance | — | — | — | — | — | ($126k) | — | ($290k) | — | — | ($290k) | |
| Long Term Debt Payments | — | — | — | — | — | ($126k) | — | ($290k) | — | — | ($290k) | |
| Repayment Of Debt | — | — | — | — | — | ($126k) | — | ($290k) | — | — | ($290k) | |
| Issuance Of Capital Stock | — | — | — | — | — | $220.0m | — | $44k | — | — | $44k | |
| Repurchase Of Capital Stock | — | — | — | — | — | ($566k) | $0 | $0 | — | — | $0 | |
| Common Stock Issuance | — | — | — | — | — | $220.0m | — | $44k | — | — | $44k | |
| Net Common Stock Issuance | — | — | — | — | — | $219.4m | — | $44k | — | — | $44k | |
| Common Stock Payments | — | — | — | — | — | ($566k) | $0 | $0 | — | — | $0 | |
| Net cash generated from/(used in) financing activities | — | — | — | ($396k) |
$918.8m
+232110.35%
|
$1.3b
+43.25%
|
($625k)
-100.05%
|
($246k)
+60.64%
|
— | — | — | |
| Net Cash from Financing Activities | $34k |
$0
-100.00%
|
— | — | — | $9.1m |
$4.1m
-55.26%
|
$447k
-89.05%
|
— | — | — | |
| Net Cash Provided by (Used in) Financing Activities | — | — | — | — | — | — | — | — | $227k |
$1.1m
+381.50%
|
$18.7m
+1612.08%
|
|
| Net increase/(decrease) in cash and cash equivalents | — | — | — | ($94.0m) | $754.5m | $737.1m | ($1.3b) | $27.0m | — | — | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | — | — | — | — | ($27.4m) | ($39.9m) | $45.6m | |
| Cash, beginning of period | $569k | $12k | $81k | — | — | — | — | — | — | — | — | |
| Beginning Cash Position | — | — | — | — | — | — | — | $78.9m | $105.7m | $78.2m | $47.7m | |
| Cash and cash equivalents at the beginning of year | — | — | — | $309.0m | $1.0b | $1.7b | $550.3m | $106.0m | — | — | — | |
| Cash and cash equivalents - beginning of period | — | — | — | — | — | — | $7.2m | $585k | — | — | — | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | — | — | ($595k) | $408k | $405k | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | — | — | $78.2m | $38.3m | $45.6m | |
| Effects of exchange rate changes on cash and cash equivalents | — | — | — | $1.4m | ($53.4m) | ($40.3m) | $95.0m | $18k | — | — | — | |
| Net effect of exchange rate changes on cash | — | — | — | — | — | ($70k) | ($1.1m) | ($293k) | — | — | — | |
| Effect of Exchange Rate on Cash | — | $209 | $2k | — | — | — | — | — | — | — | $405k | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | — | ($568k) | ($595k) | $408k | $405k | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Gain (Loss) on Disposition of Intangible Assets | — | — | — | — | — | — | — | — | $0 | — | — | |
| Income Tax Expense (Benefit) | — | — | — | — | — | — | — | — | $223k | $197k | — | |
| Operating Lease, Expense | — | — | — | — | — | — | — | — | $300k | $500k | — | |
| Interest Expense | $0 | $0 | — | — | — | $3k | $4k | $9k | — | — | — | |
| Income Tax Expense | — | — | — | — | — | $42k | — | $24k | — | — | — | |
| Additional Financial Items | ||||||||||||
| Proceeds from Stock Options Exercised | — | — | — | — | — | — | — | — | $194k | $875k | — | |
| Adjustments For Increase Decrease In Trade Account Payable | — | — | — | — | $1.9m | $56.6m | $2.6m | ($4.3m) | — | — | — | |
| Adjustments For Unrealised Foreign Exchange Losses Gains | — | — | — | — | $6.8m | $3.3m | ($9.6m) | ($367k) | — | — | — | |
| General and Administrative Expense | — | — | — | — | — | — | — | — | $19.2m | $20.3m | — | |
| Operating Expenses | — | — | — | — | — | — | — | — | $48.5m | $58.1m | — | |
| Payments Of Lease Liabilities Classified As Financing Activities | — | — | — | — | $538k | $126k | $218k | $290k | — | — | — | |
| Payments To Acquire Or Redeem Entitys Shares | — | — | — | — | — | $576k | — | $0 | — | — | — | |
| Proceeds From Disposal Or Maturity Of Availableforsale Financial Assets | — | — | — | — | $124.8m | $20.1m | $5.9m | $1.6m | — | — | — | |
| Purchase Of Intangible Assets Classified As Investing Activities | — | — | — | — | $349k | $48k | — | $0 | — | — | — | |
| Cash used in operations | — | — | — | ($90.3m) | ($167.2m) | ($544.9m) | ($679.7m) | ($47.9m) | — | — | — | |
| Purchase of financial assets at fair value through other comprehensive income | — | — | — | — | — | $0 | ($737.5m) | ($31.0m) | — | — | — | |
| Proceeds from disposal of fixed assets, intangible assets and other long-term assets | — | — | — | — | — | $0 | $0 | $2.9m | — | — | — | |
| Proceeds from maturities of financial assets at fair value through other comprehensive income | — | — | — | — | — | $0 | $195.4m | $103.6m | — | — | — | |
| Payment of investment management fee | — | — | — | — | — | $0 | $0 | ($84k) | — | — | — | |
| Payment for right-of-use assets | — | — | — | — | — | ($22.3m) | $0 | $0 | — | — | — | |
| Purchase of intangible assets | — | — | — | — | ($349k) | ($304k) | $0 | $0 | — | — | — | |
| Proceeds from exercise of options | — | — | — | $49k | — | $243k | $758k | $0 | — | — | — | |
| Proceeds from issuance of ordinary shares | — | — | — | — | — | $1.4b | $132k | $44k | — | — | — | |
| Payment for lease liabilities | — | — | — | ($445k) | ($538k) | ($805k) | ($1.5m) | ($290k) | — | — | — | |
| Payment for repurchase of ordinary shares | — | — | — | — | — | ($3.7m) | $0 | $0 | — | — | — | |
| Payment in relation to listing expenses | — | — | — | — | ($1.1m) | ($111.4m) | $0 | $0 | — | — | — | |
| Advance payments and prepaid expenses | — | — | — | — | — | ($49k) | ($1.3m) | ($721k) | — | — | — | |
| Security deposits | — | — | — | — | — | ($19k) | ($133k) | $9k | — | — | — | |
| Income tax payable | — | — | — | — | — | $4k | $20k | ($24k) | — | — | — | |
| Disposal of construction in progress | — | — | — | — | — | ($169k) | ($113k) | $282k | — | — | — | |
| Disposal of land and improvements | — | — | — | — | — | — | ($1.1m) | $1.1m | — | — | — | |
| Cash paid for stock | — | — | — | — | — | ($317k) | $129k | — | — | — | — | |
| Expenses contributed to capital | — | — | — | — | — | $20k | ($5k) | $87k | — | — | — | |
| Common shares sold | — | — | — | — | — | — | $3.9m | $205k | — | — | — | |
| Loans and other long term liabilities | — | — | — | — | — | — | $272k | $27k | — | — | — | |
| Stock issuance | — | — | — | — | — | $9.1m | ($52k) | — | — | — | — | |
| Net Change in Cash | ($557k) | ($11k) | $81k | — | — | — | — | — | — | — | — | |
| Imputation of interest on shareholder loans | — | $4k | $8k | — | — | — | — | — | — | — | — | |
| Expenses paid by shareholders | — | $4k | $5k | — | — | — | — | — | — | — | — | |
| Prepaid expenses and deposits | $18k | $18k | ($7k) | — | — | — | — | — | — | — | — | |
| Gain on reversal of income tax penalty accrual | $0 | ($250k) | — | — | — | — | — | — | — | — | — | |
| Gain on deconsolidation | $0 | — | — | — | — | — | — | — | — | — | — | |
| Equity loss pick-up | $0 | — | — | — | — | — | — | — | — | — | — | |
| Imputed interest on loan from related party | $13k | $25k | — | — | — | — | — | — | — | — | — | |
| Value of services provided by officer | $0 | $12k | — | — | — | — | — | — | — | — | — | |
| Loss on amounts due to related party | $0 | — | — | — | — | — | — | — | — | — | — | |
| Nubian option agreement | $128k | $0 | — | — | — | — | — | — | — | — | — | |
| Due from affiliate | $17k | $0 | — | — | — | — | — | — | — | — | — | |
| Proceeds from Stock Issuance | $34k | $0 | — | — | — | — | — | — | — | — | — | |
| Shares issued for the settlement of amounts due to related parties | $0 | — | — | — | — | — | — | — | — | — | — | |
| Change in notes payable | $0 | — | — | — | — | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | — | $45k | $227k | $1.1m | $18.7m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | — | $75.0m | ($3.5m) | $9.8m | $36.5m | |
| Change In Account Payable | — | — | — | — | — | — | — | ($1.1m) | ($1.9m) | $1.6m | $3.5m | |
| Change In Other Working Capital | — | — | — | — | — | — | — | $13.6m | ($13.2m) | ($548k) | ($548k) | |
| Change In Payable | — | — | — | — | — | — | — | ($1.1m) | ($1.9m) | $1.6m | $3.5m | |
| Change In Prepaid Assets | — | — | — | — | — | — | — | $3.7m | $1.8m | ($4.1m) | ($2.6m) | |
| Changes In Cash | — | — | — | — | — | — | — | $27.3m | ($26.8m) | ($40.3m) | ($2.1m) | |
| End Cash Position | — | — | — | — | — | — | — | $105.7m | $78.2m | $38.3m | $45.6m | |
| Financing Cash Flow | — | — | — | — | — | — | — | $45k |
$227k
+404.44%
|
$1.1m
+381.50%
|
$18.7m
+1612.08%
|
|
| Free Cash Flow | — | — | — | — | — | — | — | ($47.8m) | ($24.4m) | ($51.6m) | ($57.6m) | |
| Gain Loss On Investment Securities | — | — | — | — | — | ($68k) | — | ($1k) | — | — | ($5k) | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | — | $102k | $9k | $37k | $3k | |
| Investing Cash Flow | — | — | — | — | — | — | — | $75.0m | ($3.5m) | $9.8m | $36.5m | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | $516k | — | ($367k) | — | — | ($367k) | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | ($48k) | $0 | $0 | — | — | $0 | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | — | $2.9m | ($750k) | ($432k) | ($353k) | |
| Operating Gains Losses | — | — | — | — | — | — | — | $101k | $9k | $37k | $37k | |
| Other Non Cash Items | — | — | — | — | — | $7k | — | ($2.0m) | — | — | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | — | $45k | $227k | $1.1m | $1.2m | |
| Purchase Of Intangibles | — | — | — | — | — | ($48k) | $0 | $0 | — | — | $0 | |
| Purchase Of PPE | — | — | — | — | — | $3.9m | $4.2m | ($81k) | ($750k) | ($434k) | ($434k) | |
| Sale Of PPE | — | — | — | — | — | — | — | $2.9m | $0 | $2k | $0 | |
| Stock Based Compensation | — | — | — | — | — | — | — | $5.4m | $6.7m | $3.7m | $4.0m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | $104.0m | $0 | $0 | — | — | $0 | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | — | $72.1m | ($2.7m) | $10.2m | $36.8m | |
| Purchase Of Investment | — | — | — | — | — | — | — | ($31.0m) | ($15.5m) | ($30.5m) | ($7.9m) | |
| Sale Of Investment | — | — | — | — | — | — | — | $103.1m | $12.8m | $40.7m | $44.7m | |
| Net Change in Cash and Cash Equivalents | — | — | — | — | — | $7.2m | ($6.6m) | ($293k) | — | — | — | |
| Cash and cash equivalents - end of period | — | — | — | — | — | $7.2m | $620k | $292k | — | — | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | — | $26.7m | ($27.4m) | ($39.9m) | — | |
| Income Taxes Paid, Net | $0 | $0 | — | — | — | — | — | $120k | $111k | $292k | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.