Sonnet BioTherapeutics Holdings, Inc.

NasdaqCM:SONN Stock Report

Market Cap: US$8.6m

This company is no longer active

The company may no longer be operating, as it may be out of business. Find out why through their latest events.

Sonnet BioTherapeutics Holdings Past Earnings Performance

Past criteria checks 0/6

Sonnet BioTherapeutics Holdings has been growing earnings at an average annual rate of 36%, while the Biotechs industry saw earnings growing at 23.9% annually. Revenues have been growing at an average rate of 32% per year.

Key information

35.99%

Earnings growth rate

99.49%

EPS growth rate

Biotechs Industry Growth17.04%
Revenue growth rate32.02%
Return on equityn/a
Net Margin-1,355.62%
Last Earnings Update30 Jun 2025

Recent past performance updates

Recent updates

Seeking Alpha Oct 04

Sonnet BioTherapeutics regains compliance with Nasdaq's minimum bid price requirement

Clinical-stage drugs company Sonnet BioTherapeutics (NASDAQ:SONN) said it has received notice from the Nasdaq over regaining compliance with the minimum bid price requirement. The notice was received on Aug. 22. The company's common stock was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days. SONN had met the requirement on Sep. 30. Shares were trading -1.35% pre-market. Source: Press Release
Seeking Alpha Sep 16

Sonnet BioTherapeutics announces 1-for-14 reverse stock split

In a bid to maintain a Nasdaq's minimum price requirement, Sonnet BioTherapeutics Holdings (NASDAQ:SONN) has announced plans of 1-for-14 reverse stock split of its shares on Friday The stock is slated to begin trading on split adjusted basis from Sept. 19, 2022. SONN shares are up 21% pre-market.
Seeking Alpha Jul 22

Sonnet gets clearance to start phase 1b/2a trial of SON-080 in Australia

Sonnet BioTherapeutics (NASDAQ:SONN) said a phase 1b/2a trial of SON-080 was authorized to begin in Australia in patients with persistent chemotherapy-induced peripheral neuropathy (CIPN). Peripheral neuropathy is damage to the nerves outside the brain and spinal cord (peripheral nerves) causing weakness and pain, usually in the hands and feet. It can also affect digestion, urination and circulation. Chemotherapy can also cause peripheral nerve damage in patients. SON-080 is a proprietary version of recombinant human Interleukin-6 (rhIL-6), the company noted in a July 22 press release. The study, dubbed SB211, is aimed to provide safety data compared to previous IL-6 products, along with preliminary efficacy. "Interleukin-6 has been extensively studied in cancer patients in the past, so the use of SON-080 in CIPN is expected to provide similar safety, PK, and PD results at low doses," said Sonnet's Chief Medical Officer Richard Kenney. The company noted that recruitment has begun and dosing is expected to begin imminently.
Analysis Article Dec 19

We're A Little Worried About Sonnet BioTherapeutics Holdings' (NASDAQ:SONN) Cash Burn Rate

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

Revenue & Expenses Breakdown

How Sonnet BioTherapeutics Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:SONN Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 251-1486
31 Mar 251-1386
31 Dec 241-976
30 Sep 240-766
30 Jun 240-8612
31 Mar 240-8612
31 Dec 230-14612
30 Sep 230-19712
30 Jun 230-2380
31 Mar 230-2780
31 Dec 220-2980
30 Sep 220-3090
30 Jun 221-2990
31 Mar 221-2790
31 Dec 211-2590
30 Sep 210-2590
30 Jun 210-679-5
31 Mar 210-739-3
31 Dec 200-698-1
30 Sep 200-6680
30 Jun 200-2067
31 Mar 200-955
31 Dec 190-734
30 Sep 190-532

Quality Earnings: SONN is currently unprofitable.

Growing Profit Margin: SONN is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SONN is unprofitable, but has reduced losses over the past 5 years at a rate of 36% per year.

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

Earnings vs Industry: SONN is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (52%).


Return on Equity

High ROE: SONN's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/03 13:46
End of Day Share Price 2025/12/02 00:00
Earnings2025/06/30
Annual Earnings2024/09/30

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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Sonnet BioTherapeutics Holdings, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Keay NakaeChardan Capital Markets, LLC