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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›CNTB›Financials
Annual statements · SEC XBRL · FY2023 – FY2025

Connect Biopharma Holdings Ltd (CNTB) financials

Income statement

Connect Biopharma Holdings Ltd (CNTB) income statement, annual, from SEC filings
Fiscal yearFY2023FY2024FY2025
Revenue$0.00$26.0M$64.0K
Revenue growth——-99.8%
Operating income-$69.1M-$22.5M-$58.1M
Operating margin—-86.2%-90740.6%
Net income-$62.1M-$15.6M-$55.5M
Net margin—-60.0%-86687.5%
EPS (diluted)-$1.13-$0.28-$1.00

Cash flow

Connect Biopharma Holdings Ltd (CNTB) cash flow, annual, from SEC filings
Fiscal yearFY2023FY2024FY2025
Operating cash flow-$47.7M-$23.6M-$51.2M
Capital expenditures$81.0K$750K$434K
Free cash flow-$47.8M-$24.4M-$51.6M

Balance sheet

Connect Biopharma Holdings Ltd (CNTB) balance sheet, annual, from SEC filings
Fiscal yearFY2023FY2024FY2025
Cash & equivalents$106M$78.2M$38.3M
Total assets$127M$101M$56.1M
Total liabilities$25.9M$9.12M$14.1M
Shareholders' equity$101M$92.2M$42.0M
Retained earnings-$330M-$345M-$401M
Shares (wtd avg diluted)55.1M55.2M55.7M

Every figure is extracted from Connect Biopharma Holdings Ltd’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Connect Biopharma Holdings Ltd's annual revenue?
Connect Biopharma Holdings Ltd (CNTB) reported $64.0K of revenue for fiscal year 2025 — down 99.8% from $26.0M in FY2024, per its annual report filed with the SEC.
Is Connect Biopharma Holdings Ltd profitable?
Not in FY2025 — CNTB reported a net loss of $55.5M, per SEC filings.
What is Connect Biopharma Holdings Ltd's free cash flow?
-$51.6M in FY2025 (operating cash flow -$51.2M minus $434K of capital expenditures), from the SEC cash-flow statement.
Does CNTB pay a dividend?
Connect Biopharma Holdings Ltd reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full CNTB analysis — verdict, score & filings →Is CNTB a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.