APOLLOMICS INC Financials
This page shows APOLLOMICS INC (APLM) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Apollomics' cash-funded development model is easing as FY2025 revenue starts to offset a smaller operating burn.
The biggest shift is earnings quality: net loss narrowed from-$53.9M in FY2024 to-$10.9M in FY2025, and operating cash outflow fell almost in step from-$28.7M to-$10.4M . When accounting loss and cash burn converge this closely after years of much wider gaps, it suggests fewer non-cash charges are driving results and the company's true funding need is becoming easier to see.
FY2024 showed paper liquidity versus cash reality: a 1.4x current ratio looked manageable, yet only
The balance sheet was de-risked before revenue appeared: total liabilities fell from
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of APOLLOMICS INC's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
While APOLLOMICS INC generated -$10.4M in operating cash flow, capex of $24K consumed most of it, leaving -$10.4M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
For every $1 of reported earnings, APOLLOMICS INC generates $0.95 in operating cash flow (-$10.4M OCF vs -$10.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
APOLLOMICS INC generated $8.5M in revenue in fiscal year 2025.
APOLLOMICS INC reported -$10.9M in net income in fiscal year 2025. This represents an increase of 79.7% from the prior year.
Cash & Balance Sheet
APOLLOMICS INC generated -$10.4M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 63.9% from the prior year.
APOLLOMICS INC had 2M shares outstanding in fiscal year 2025.
Margins & Returns
APOLLOMICS INC's net profit margin was -128.7% in fiscal year 2025, showing the share of revenue converted to profit.
Capital Allocation
APOLLOMICS INC invested $24K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 0.0% from the prior year.
APLM Income Statement
| Metric | Q3'25 | Q1'25 | Q3'24 | Q1'24 | Q3'23 | Q3'22 |
|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A |
APLM Balance Sheet
| Metric | Q3'25 | Q1'25 | Q3'24 | Q1'24 | Q3'23 | Q3'22 |
|---|---|---|---|---|---|---|
| Total Assets | $13.1M-62.1% | $34.6M-37.6% | $55.4M-22.4% | $71.4M-6.7% | $76.5M-38.0% | $123.4M |
| Current Assets | $10.3M-63.9% | $28.4M-28.8% | $39.9M-27.9% | $55.4M-0.7% | $55.8M-43.9% | $99.4M |
| Cash & Equivalents | $9.8M-62.3% | $25.9M-19.1% | $32.1M+26.7% | $25.3M-22.6% | $32.7M-30.1% | $46.7M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $8.2M-40.2% | $13.8M-2.7% | $14.2M-9.7% | $15.7M-97.0% | $524.6M+56.0% | $336.3M |
| Current Liabilities | $7.4M-41.5% | $12.6M-6.7% | $13.6M-4.1% | $14.1M+14.4% | $12.4M-8.8% | $13.6M |
| Long-Term Debt | $733K-22.9% | $951K+256.2% | $267K-9.2% | $294K-22.0% | $377K-28.6% | $528K |
| Total Equity | $4.9M-76.6% | $20.8M-49.5% | $41.2M-26.0% | $55.7M+112.4% | -$448.1M-110.5% | -$212.9M |
| Retained Earnings | -$700.8M-2.7% | -$682.2M-5.4% | -$647.0M-3.5% | -$625.1M-31.7% | -$474.6M-101.6% | -$235.4M |
APLM Cash Flow Statement
| Metric | Q3'25 | Q1'25 | Q3'24 | Q1'24 | Q3'23 | Q3'22 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A |
APLM Financial Ratios
| Metric | Q3'25 | Q1'25 | Q3'24 | Q1'24 | Q3'23 | Q3'22 |
|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 1.39-0.9 | 2.25-0.7 | 2.95-1.0 | 3.92-0.6 | 4.51-2.8 | 7.33 |
| Debt-to-Equity | 0.15+0.1 | 0.05+0.0 | 0.010.0 | 0.010.0 | -0.000.0 | -0.00 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is APOLLOMICS INC's annual revenue?
APOLLOMICS INC (APLM) reported $8.5M in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is APOLLOMICS INC profitable?
No, APOLLOMICS INC (APLM) reported a net income of -$10.9M in fiscal year 2025, with a net profit margin of -128.7%.
What is APOLLOMICS INC's net profit margin?
APOLLOMICS INC (APLM) had a net profit margin of -128.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is APOLLOMICS INC's free cash flow?
APOLLOMICS INC (APLM) generated -$10.4M in free cash flow during fiscal year 2025. This represents a 63.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is APOLLOMICS INC's operating cash flow?
APOLLOMICS INC (APLM) generated -$10.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are APOLLOMICS INC's capital expenditures?
APOLLOMICS INC (APLM) invested $24K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Are APOLLOMICS INC's earnings high quality?
APOLLOMICS INC (APLM) has an earnings quality ratio of 0.95x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is APOLLOMICS INC?
APOLLOMICS INC (APLM) scores 20 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.