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LCTX · NYSE · United States · Biological Products, (No Diagnostic Substances)
In shortLineage Cell Therapeutics, Inc. is loss-making.
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -251.6% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -436.5% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -103.4% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 5.20× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | – | n/a |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -12.25 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -133.6% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 1 of 5 | 0/100 |
Weight in the score: 20%
| Profitable years (last 5) | 0 of 5 | 0/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 110.5% | 0/100 |
| Operating margin volatility | 408.1% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -0.3% | 15/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 4.3 | 15 | 8.9 | 9.5 | 15 |
| Cost of revenue | 1.4 | 0.7 | 0.7 | 0.3 | – |
| Gross profit | 2.9 | 14 | 8.3 | 9.2 | – |
| Research & development | 34 | 14 | 16 | 12 | 18 |
| Operating income | (49) | (23) | (25) | (21) | (37) |
| Pre-tax income | (43) | (26) | (23) | (19) | (69) |
| Income tax | – | 0.5 | (1.8) | 0 | (5.3) |
| Net income | (43) | (26) | (21) | (19) | (64) |
| Diluted EPS | −$0.26 | −$0.15 | −$0.12 | −$0.09 | −$0.28 |
| Diluted shares (millions) | 0.2 | 170 | 173 | 200 | 230 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
−12.25 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 6, 2026