CLINUVEL delivers ninth consecutive revenues growth & profit
| Stock | Clinuvel Pharmaceuticals Ltd (CUV.ASX) |
|---|---|
| Release Time | 28 Aug 2025, 9:35 a.m. |
| Price Sensitive | Yes |
CLINUVEL delivers ninth consecutive revenues growth & profit
- Revenues grew by 10% to $105.3 million
- Net profit before tax increased by 2% to $51.6 million
- Cash reserves increased by 22% to $224.1 million
- Eighth consecutive annual dividend of $0.05 per share
CLINUVEL Pharmaceuticals Ltd has announced its ninth consecutive profit of $51.6 million before tax and $36.2 million after tax for the fiscal year ending 30 June 2025 (FY2025). Revenues grew by 10% to $105.3 million in FY2025 from sales of SCENESSE® (afamelanotide 16mg) to treat erythropoietic protoporphyria (EPP) patients, primarily in Europe and the USA. Expenses grew by 20% to $53.7 million in FY2025, reflecting the Company's direct and indirect costs associated with its clinical program for vitiligo. CLINUVEL's strengthened balance sheet holds net assets of $240.8 million as of 30 June 2025. Positive annual net cash inflow from commercial operations of $41.1 million have built cash reserves, enabling the Company to self-finance its diversification plans and provide a buffer to manage risks in a volatile macroeconomic environment. Cash reserves increased by 22% to $224.1 million during FY2025. The CLINUVEL Board has declared an annual franked dividend of $0.05 per ordinary share following the FY2025 financial results - this is the eighth consecutive annual dividend and fourth fully franked.