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Healthcare - Biotechnology - NASDAQ - AU
$ 3.24
-4.42 %
$ 581 M
Market Cap
-1.17
P/E
1. INTRINSIC VALUE

Opthea Limited, a clinical stage biopharmaceutical company, develops and commercializes therapies primarily for eye disease in Australia. The company's development activities are based on the intellectual property portfolio covering Vascular Endothelial Growth Factors (VEGF) VEGF-C, VEGF-D, and VEGF Receptor-3 for the treatment of diseases associated with blood and lymphatic vessel growth, as well as vascular leakage. Its lead asset is OPT 302, a soluble form of VEGFR 3 in clinical development as a novel therapy for wet neovascular age related macular degeneration and diabetic macular edema DME, as well as a first in class VEGF C/D inhibitors for treatment with VEGF A inhibitors for the treatment of wet neovascular AMD and other retinal diseases.[ Read More ]

The intrinsic value of one OPT stock under the base case scenario is HIDDEN Compared to the current market price of 3.24 USD, Opthea Limited is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart OPT

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FINANCIALS
125 K REVENUE
15.42%
-192 M OPERATING INCOME
-30.68%
-220 M NET INCOME
-54.53%
-161 M OPERATING CASH FLOW
-33.50%
-33.5 K INVESTING CASH FLOW
-52.54%
244 M FINANCING CASH FLOW
45.70%
59.6 K REVENUE
-2.69%
-192 M OPERATING INCOME
-102.76%
-124 M NET INCOME
-27.97%
-91.7 M OPERATING CASH FLOW
-31.12%
-29.2 K INVESTING CASH FLOW
-581.53%
105 M FINANCING CASH FLOW
-24.47%
Balance Sheet Decomposition Opthea Limited
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Current Assets 188 M
Cash & Short-Term Investments 172 M
Receivables 11.8 M
Other Current Assets 3.9 M
Non-Current Assets 599 K
Long-Term Investments 0
PP&E 132 K
Other Non-Current Assets 467 K
Current Liabilities 64.1 M
Accounts Payable 38.1 M
Short-Term Debt 93 K
Other Current Liabilities 25.9 M
Non-Current Liabilities 201 M
Long-Term Debt 201 M
Other Non-Current Liabilities 9.88 K
EFFICIENCY
Earnings Waterfall Opthea Limited
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Revenue 125 K
Cost Of Revenue 103 K
Gross Profit 21.7 K
Operating Expenses 192 M
Operating Income -192 M
Other Expenses 28.4 M
Net Income -220 M
RATIOS
17.36% GROSS MARGIN
17.36%
-153324.54% OPERATING MARGIN
-153324.54%
-176021.89% NET MARGIN
-176021.89%
290.52% ROE
290.52%
-116.66% ROA
-116.66%
-147.51% ROIC
-147.51%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Opthea Limited
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Net Income -220 M
Depreciation & Amortization 103 K
Capital Expenditures -33.5 K
Stock-Based Compensation 5.08 M
Change in Working Capital 17.3 M
Others 64.2 M
Free Cash Flow -161 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Opthea Limited
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OPT has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Opthea Limited
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Opthea Appoints Kathy Connell to Board of Directors Ms. Connell is a commercial executive with business development expertise Appointment takes place as Opthea prepares for Phase 3 wet AMD topline data in 2025 MELBOURNE, Australia, and PRINCETON, N.J., Nov. 15, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announced the appointment of Kathy Connell, GAICD, to the Board of Directors (the “Board”) as a Non-Executive Director. globenewswire.com - 1 day ago
Opthea Wet AMD Program to be Presented at Innovate Retina MELBOURNE, Australia, and Princeton, N.J., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announced that sozinibercept will be highlighted during the Innovate Retina Meeting on October 17, 2024, in Chicago, Illinois. globenewswire.com - 1 month ago
Opthea to Participate in the UBS Virtual Ophthalmology Day 2024 MELBOURNE, Australia and PRINCETON, N.J., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announced that management will participate in a fireside chat and be available for one-on-one investor meetings at the UBS Virtual Ophthalmology Day 2024 being held on October 2, 2024. globenewswire.com - 1 month ago
Opthea Announces Completion of Drug Substance PPQ Campaign Validating Manufacturing Process of Sozinibercept Three consecutive commercial-scale batches successfully produced Major milestone for potential BLA filing of sozinibercept in wet AMD Progress update of drug product PPQ campaign expected in early 2025 MELBOURNE, Australia and PRINCETON, N.J., Sept. 18, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announced the completion of its drug substance Process Performance Qualification (PPQ) campaign for sozinibercept. globenewswire.com - 1 month ago
Opthea to Have Significant Presence at the 24ᵗʰ EURETINA Congress and EURETINA Innovation Spotlight MELBOURNE, Australia and PRINCETON, N.J., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announced scientific presentations and a non-CME educational lunch symposium highlighting sozinibercept's potential to become the first therapy in 20 years to improve visual outcomes in wet AMD patients at the European Society of Retina Specialists Annual Conference -- EURETINA Innovation Spotlight (EIS), September 18, 2024, and the 24th EURETINA Congress, September 19-22, 2024, being held at the CCIB in Barcelona, Spain. globenewswire.com - 2 months ago
Opthea Announces Executive Leadership Changes and Senior Hires Daniel Geffken appointed Chief Financial Officer ad interim Mike Campbell appointed Chief Commercial Officer Three senior leaders appointed for Biometrics, Clinical Operations and Market Access MELBOURNE, Australia and PRINCETON, N.J., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical Company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announced executive leadership changes in Commercial and Finance as well as senior hires for Biometrics, Clinical Operations and Market Access. globenewswire.com - 2 months ago
Opthea to Participate in H.C. Wainwright 26th Global Investment Conference and Cantor 2024 Global Healthcare Conference MELBOURNE, Australia and PRINCETON, N.J., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announced that management will present and participate in one-on-one investor meetings at the following two investor conferences in September 2024: globenewswire.com - 2 months ago
Opthea Reports Full-Year Financial Results and Business Updates Completed patient enrollment in COAST and ShORe pivotal wet AMD trials Financings extended cash runway through topline data readout of both trials in CY2025 Leadership appointments in preparation for regulatory filing and launch of sozinibercept MELBOURNE, Australia, and PRINCETON, N.J., Aug. 30, 2024 (GLOBE NEWSWIRE) --  Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announced financial results for the twelve months ended June 30, 2024, and highlighted recent corporate and clinical updates. globenewswire.com - 2 months ago
Opthea to Participate in the H.C. Wainwright 4th Annual Ophthalmology Virtual Conference, August 15, 2024 MELBOURNE, Australia and PRINCETON, N.J., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announced that management will present at the H.C. Wainwright 4th Annual Ophthalmology Virtual Conference and participate in one-on-one investor meetings on August 15, 2024. globenewswire.com - 3 months ago
Opthea Welcomes International Retina Thought Leaders to Join Its Medical Advisory Board MELBOURNE, Australia and PRINCETON, N.J., July 17, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announces the formation of its Medical Advisory Board (“MAB”) composed of 10 retina thought leaders from countries around the world including the US, Argentina, Australia, China, France, Germany, and Israel. globenewswire.com - 4 months ago
Opthea Announces Results of the A$55.9m (US$36.9m¹) Retail Entitlement Offer New Shares under the Retail Entitlement Offer and New Options under the Placement and Entitlement Offer expected to commence normal trading on Thursday, 18 July 2024 globenewswire.com - 4 months ago
Opthea A$55.0m (US$36.9m¹) Retail Entitlement Offer Opens Fully underwritten Retail Entitlement Offer to open at 9:00 am (Melbourne time)  on 19 June 2024 Retail Entitlement Offer to raise approximately A$55.0m (US$36.9m 1 ) will close at 5:00 pm (Melbourne time) on 10 July 2024 Prospectus and personalized application forms to be dispatched to eligible retail shareholders MELBOURNE, Australia, and PRINCETON N.J., June 18, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD), today announced that the retail component of its 1 for 1.22 pro-rata accelerated non-renounceable entitlement offer (Retail Entitlement Offer) of new fully paid ordinary shares in Opthea (New Shares) and the issue of options to acquire fully paid ordinary shares in Opthea (Options) on a 1 for 3 basis to participants issued New Shares under the Retail Entitlement Offer opens today. globenewswire.com - 4 months ago
8. Profile Summary

Opthea Limited OPT

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COUNTRY AU
INDUSTRY Biotechnology
MARKET CAP $ 581 M
Dividend Yield 0.00%
Description Opthea Limited, a clinical stage biopharmaceutical company, develops and commercializes therapies primarily for eye disease in Australia. The company's development activities are based on the intellectual property portfolio covering Vascular Endothelial Growth Factors (VEGF) VEGF-C, VEGF-D, and VEGF Receptor-3 for the treatment of diseases associated with blood and lymphatic vessel growth, as well as vascular leakage. Its lead asset is OPT 302, a soluble form of VEGFR 3 in clinical development as a novel therapy for wet neovascular age related macular degeneration and diabetic macular edema DME, as well as a first in class VEGF C/D inhibitors for treatment with VEGF A inhibitors for the treatment of wet neovascular AMD and other retinal diseases. The company was formerly known as Circadian Technologies Limited and changed its name to Opthea Limited in December 2015. Opthea Limited was incorporated in 1984 and is based in South Yarra, Australia.
Contact 650 Chapel Street, South Yarra, VIC, 3141 https://www.opthea.com
IPO Date Oct. 16, 2020
Employees 33
Officers Dr. Fang Li Ph.D. Senior Vice President of Regulatory Affairs Mr. Thomas Charles Reilly Chief Financial Officer Mr. Anand Sundaram Vice President Marketing Dr. Julie Clark M.D., M.S. Senior Vice President of Clinical Development Ms. Karen Adams CPA Vice President of Finance & Company Secretary Dr. Arshad M. Khanani M.A., M.D. Chief Medical Advisor & Chairman of Medical Advisory Board Ms. Jen Watts Vice President Global Clinical Operations Dr. Megan Baldwin M.A.I.C.D., MAICD, Ph.D. Founder, Chief Innovation Officer & Executive Director Mr. Kevin Bitter Vice President of Strategy & Corporate Development Dr. Frederic Guerard M.S., Pharm.D. Chief Executive Officer