Cinclus Pharma Holding AB (publ)

OM:CINPHA Stock Report

Market Cap: SEK 550.1m

Cinclus Pharma Holding Past Earnings Performance

Past criteria checks 0/6

Cinclus Pharma Holding's earnings have been declining at an average annual rate of -6.5%, while the Pharmaceuticals industry saw earnings growing at 8.8% annually. Revenues have been growing at an average rate of 1373.9% per year.

Key information

-6.47%

Earnings growth rate

14.20%

EPS growth rate

Pharmaceuticals Industry Growth30.53%
Revenue growth rate1,373.93%
Return on equity-85.06%
Net Margin-354.14%
Next Earnings Update19 Aug 2026

Recent past performance updates

Recent updates

Narrative Update Jun 05

CINPHA: Phase III GERD Progress Will Drive Future Upside Potential

Analysts now set a price target of SEK46.25 for Cinclus Pharma Holding, down from SEK53.33. This reflects updated assumptions for faster revenue growth of 19.07%, a slightly higher profit margin of 20.05% and a lower future P/E of 108.86x.
Narrative Update May 14

CINPHA: FDA Green Light For Single Pivotal Trial Will Drive Upside

Analysts have adjusted their price target on Cinclus Pharma Holding to SEK53.33 from SEK55, reflecting updates to fair value assumptions, growth expectations, margins and a higher projected future P/E multiple. What's in the News The FDA confirms that a single pivotal study supported by additional evidence will be the new standard for US drug approvals, and Cinclus Pharma's current Phase III program for erosive GERD is described as a sufficient basis for a future US regulatory submission (Key Developments).
Narrative Update Apr 28

CINPHA: Upcoming Phase III GERD Results Will Drive Future Upside Potential

Analysts have trimmed their price target on Cinclus Pharma Holding to SEK 40 from SEK 50, reflecting updated assumptions for revenue growth, profit margins, discount rate, and future P/E multiples. What's in the News The FDA clarifies that a single adequate and well controlled pivotal study with supportive evidence will be the new standard for US drug approvals, including for common diseases, and confirms Cinclus Pharma's current Phase III program in erosive GERD as a sufficient basis for a US regulatory submission (company announcement).
Narrative Update Nov 28

CINPHA: FDA Guidance Will Support Pivotal Phase III Trial Momentum

Analysts have adjusted their price target for Cinclus Pharma Holding, keeping it at SEK 55.00 per share. Updated forecasts indicate a more cautious outlook for revenue growth, but there is a slight improvement in expected profit margins.
Narrative Update Nov 13

CINPHA: Clear FDA Guidance Will Drive Late-Stage Trial Progress

Narrative Update on Cinclus Pharma Holding Analysts have maintained their price target for Cinclus Pharma Holding at SEK 55.00. They noted only minor updates to profit margin and discount rate projections, with no change to their fair value estimate.
Narrative Update Oct 30

Advancing Late-Stage GERD Studies Will Drive Substantial Long-Term Upside

Analysts have maintained their price target for Cinclus Pharma Holding at SEK 55.00, citing ongoing expectations for strong profit margins and sustained valuation multiples. What's in the News Cinclus Pharma received positive feedback from the U.S. Food and Drug Administration (FDA) on its Chemistry, Manufacturing, and Controls (CMC) strategy.
Narrative Update Oct 15

PCAB Pipeline Will Revolutionize Severe GERD Treatment Globally

Analysts have revised their price target for Cinclus Pharma Holding downwards from SEK 61.67 to SEK 55.00. This change reflects updated views on revenue growth potential and profit margin projections.
New Narrative Aug 24

PCAB Pipeline Will Revolutionize Severe GERD Treatment Globally

Key Takeaways Innovative drug formulation, strong market demand, and strategic partnerships position Cinclus Pharma for significant revenue and margin growth in both domestic and international markets. Retention of global commercial rights enables flexible licensing or direct launch strategies, supporting long-term earnings potential through multiple income streams.
Analysis Article Aug 19

Here's Why We're Not Too Worried About Cinclus Pharma Holding's (STO:CINPHA) Cash Burn Situation

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article Dec 22

Cinclus Pharma Holding (STO:CINPHA) Is In A Good Position To Deliver On Growth Plans

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...

Revenue & Expenses Breakdown

How Cinclus Pharma Holding makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OM:CINPHA Revenue, expenses and earnings (SEK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2668-23959251
31 Dec 2557-18457198
30 Sep 2548-17750191
30 Jun 2539-17350178
31 Mar 255-16539145
31 Dec 245-16837137
30 Sep 240-15836117
30 Jun 240-18337139
31 Mar 243-20333158
31 Dec 236-21540167
31 Dec 2211-24964157
31 Dec 210-761470
31 Dec 200-43337

Quality Earnings: CINPHA is currently unprofitable.

Growing Profit Margin: CINPHA is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CINPHA is unprofitable, and losses have increased over the past 5 years at a rate of 6.5% per year.

Accelerating Growth: Unable to compare CINPHA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CINPHA is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (15.3%).


Return on Equity

High ROE: CINPHA has a negative Return on Equity (-85.06%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/16 00:55
End of Day Share Price 2026/06/16 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cinclus Pharma Holding AB (publ) is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ulrik TrattnerDNB Carnegie
Fredrik ThorRedeye
Kevin SuleRedeye