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Argenica Therapeutics Ltd (AU:AGN)
ASX:AGN
Australian Market

Argenica Therapeutics Ltd (AGN) AI Stock Analysis

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AU:AGN

Argenica Therapeutics Ltd

(Sydney:AGN)

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Neutral 44 (OpenAI - 5.2)
Rating:44Neutral
Price Target:
AU$0.25
▼(-10.00% Downside)
The score is held back primarily by weak financial performance (large losses, ongoing cash burn, and a shrinking equity base despite zero debt). Technicals also point to a weak trend with only tentative momentum improvement. Valuation contributes little support because the company is loss-making (negative P/E) and no dividend yield is provided.
Positive Factors
Top-line Growth
Consistent year-over-year revenue growth shows the company is advancing its product candidates and generating increasing commercial or milestone receipts. A rising top line provides a firmer base for future scale and supports longer-term R&D investment if cost control follows.
Conservative Leverage
Zero reported debt materially reduces refinancing and interest burden risks common in biotech. This structural strength gives management flexibility to fund trials and absorb setbacks without immediate debt servicing pressure, improving resilience over the next several quarters.
Improving Cash Flow Trend
An improving free cash flow trajectory, even from negative levels, indicates operational progress or better cash management and suggests the firm may need progressively less external funding if the trend continues. Trend improvement supports longer-term operational sustainability.
Negative Factors
Deep Negative Profitability
Extremely negative margins reflect costs far exceeding current revenue, signaling the core business is not profitable and is highly reliant on external financing or major operational change. This structural unprofitability threatens runway and strategic optionality absent decisive improvement.
Sustained Cash Burn
Persistent negative operating and free cash flow indicates ongoing funding needs to support R&D and operations. Over a multi-quarter horizon this raises the probability of dilutive financings and constrains long-term planning, increasing execution risk for clinical programs.
Eroding Equity Base
A halving of equity in a year highlights capital consumption from losses and reduces the balance-sheet buffer against setbacks. A weakened equity base makes further equity raises likelier and can dilute existing holders, limiting financial flexibility and strategic options over the medium term.

Argenica Therapeutics Ltd (AGN) vs. iShares MSCI Australia ETF (EWA)

Argenica Therapeutics Ltd Business Overview & Revenue Model

Company DescriptionArgenica Therapeutics Limited engages in the research and development of a neuroprotective therapeutic drug in Australia. Its lead product candidate is ARG-007, a neuroprotective peptide candidate use to protect brain cells and reduce cell death during a stroke and other types of neural injuries. The company was incorporated in 2019 and is based in Nedlands, Australia.
How the Company Makes MoneyArgenica Therapeutics makes money primarily through the development and commercialization of its neuroprotective therapeutic products. The company's revenue model includes securing funding through partnerships with larger pharmaceutical companies, grants, and potential licensing agreements for its core technologies. As a biotech firm, Argenica is focused on advancing its product pipeline through clinical trials to achieve regulatory approval, which can lead to revenue generation through product sales, licensing, or strategic partnerships with established players in the pharmaceutical industry. Additionally, the company may benefit from government or private sector grants aimed at fostering innovation in medical treatments.

Argenica Therapeutics Ltd Financial Statement Overview

Summary
Revenue is growing (~3.2M in 2025 vs ~2.6M in 2024), but operating losses remain very large (net margin about -223%) and the company continues to burn cash (operating/free cash flow around -5.7M in 2025). A key positive is the lack of debt, but equity fell sharply (~14.0M to ~7.2M), increasing dilution/financing risk.
Income Statement
28
Negative
Revenue has scaled meaningfully in recent years (2025 annual revenue of ~3.2M vs. ~2.6M in 2024), but profitability remains weak with consistently large operating losses and net losses. Net margin is deeply negative in 2025 (about -223%) and EBIT margin is also strongly negative, indicating the cost base is still far ahead of the current revenue run-rate. Strength: improving top-line trajectory; weakness: no clear path to operating breakeven in the reported periods.
Balance Sheet
56
Neutral
The balance sheet is conservatively levered with zero debt reported across periods, which reduces financial risk and refinancing pressure. However, shareholder equity declined sharply from 2024 to 2025 (from ~14.0M to ~7.2M), and returns on equity are materially negative (about -99% in 2025), reflecting continued losses and likely capital consumption. Strength: no leverage; weakness: weakening equity base and persistent value dilution risk if losses continue.
Cash Flow
32
Negative
Cash generation remains negative with operating cash flow and free cash flow both around -5.7M in 2025 (and -5.1M in 2024), indicating ongoing cash burn to fund operations. While free cash flow growth shows improvement in 2025 versus 2024, cash flow still does not cover losses in a way that signals self-funding operations. Strength: some year-over-year improvement in free cash flow trend; weakness: sustained negative operating and free cash flow implies continued funding needs.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue3.21M3.21M2.60M0.00259.10K296.07K
Gross Profit3.21M3.21M2.60M1.75M259.10K296.07K
EBITDA0.000.00-1.90M-4.81M-4.09M-1.33M
Net Income-7.17M-7.17M-5.48M-4.82M-4.09M-1.03M
Balance Sheet
Total Assets11.04M11.04M16.38M9.54M9.04M7.27M
Cash, Cash Equivalents and Short-Term Investments10.56M10.56M15.91M9.34M8.91M7.14M
Total Debt0.000.000.000.000.000.00
Total Liabilities3.80M3.80M2.43M1.87M735.91K425.72K
Stockholders Equity7.24M7.24M13.95M7.67M8.31M6.85M
Cash Flow
Free Cash Flow-5.70M-5.70M-5.06M-3.30M-3.36M-1.05M
Operating Cash Flow-5.70M-5.70M-5.06M-3.30M-3.36M-1.05M
Investing Cash Flow0.000.0050.00K-50.00K0.000.00
Financing Cash Flow346.90K346.90K11.63M3.73M5.13M7.85M

Argenica Therapeutics Ltd Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.28
Price Trends
50DMA
0.27
Positive
100DMA
0.27
Positive
200DMA
0.49
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
50.82
Neutral
STOCH
38.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AGN, the sentiment is Positive. The current price of 0.28 is below the 20-day moving average (MA) of 0.29, above the 50-day MA of 0.27, and below the 200-day MA of 0.49, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 50.82 is Neutral, neither overbought nor oversold. The STOCH value of 38.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:AGN.

Argenica Therapeutics Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
48
Neutral
AU$23.18M-10.44-1651.76%-100.00%2.86%
44
Neutral
AU$35.97M-5.02-67.68%-5.68%
44
Neutral
AU$404.73M-81.09-27.89%67.26%
44
Neutral
AU$36.73M-9.09-143.71%306.88%
41
Neutral
AU$76.13M-5.26-42.68%63.46%
37
Underperform
AU$12.75M-1.61-628.72%31.87%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:AGN
Argenica Therapeutics Ltd
0.28
-0.42
-60.00%
AU:ATH
Alterity Therapeutics
0.01
>-0.01
-28.57%
AU:RAC
Race Oncology Ltd.
2.23
0.99
79.84%
AU:NC6
Nanollose Ltd.
0.07
0.05
317.65%
AU:AVE
Avecho Biotechnology Limited
0.01
0.00
0.00%
AU:1AD
AdAlta Ltd.
0.01
-0.01
-50.00%

Argenica Therapeutics Ltd Corporate Events

Argenica Therapeutics Announces Departure of Director Di Angus
Jan 2, 2026

Argenica Therapeutics has notified the ASX that director Di Angus ceased to be a director of the company effective 31 December 2025, in line with listing rule disclosure requirements. The filing records that Angus holds 500,000 unlisted options with an exercise price of $0.93 expiring on 31 May 2027, and confirms there are no additional indirect security interests or related contracts disclosed in connection with her departure.

The most recent analyst rating on (AU:AGN) stock is a Hold with a A$0.27 price target. To see the full list of analyst forecasts on Argenica Therapeutics Ltd stock, see the AU:AGN Stock Forecast page.

Argenica Chair Steps Down as Biotech Prepares for Next Growth Phase
Dec 28, 2025

Argenica Therapeutics has announced the resignation of Non-Executive Chair and Director Dianne Angus, effective at the end of December, after two years on the board during which she helped steer the company through early-stage clinical development, including a successful Phase 2 trial in acute ischaemic stroke and the strategic expansion of its therapeutic pipeline. The board credited Angus with embedding robust governance, risk management and compliance frameworks suited to a clinical-stage biotech and said it has begun searching for a new chair with strong global business development and strategic partnering experience to support Argenica’s planned international growth, signalling an intensifying focus on commercialisation and overseas expansion as the company advances its neuroprotective candidates.

The most recent analyst rating on (AU:AGN) stock is a Buy with a A$0.63 price target. To see the full list of analyst forecasts on Argenica Therapeutics Ltd stock, see the AU:AGN Stock Forecast page.

Argenica’s ARG-007 Shows Promising Results in Severe Stroke Patients
Dec 10, 2025

Argenica Therapeutics has announced significant findings from an AI-driven reanalysis of its Phase 2 trial, demonstrating the efficacy of its drug ARG-007 in improving outcomes for severe stroke patients. The analysis revealed that ARG-007 significantly improves functional outcomes and reduces infarct volumes in patients with severe strokes, presenting a substantial commercial opportunity and guiding the design of a precision medicine approach for future trials.

The most recent analyst rating on (AU:AGN) stock is a Buy with a A$0.63 price target. To see the full list of analyst forecasts on Argenica Therapeutics Ltd stock, see the AU:AGN Stock Forecast page.

Argenica’s ARG-007 Shows Promising Results in Preclinical Stroke Study
Nov 24, 2025

Argenica Therapeutics has announced successful independent validation of its ARG-007 compound in a preclinical study using a rat model of ischemic stroke. The study confirmed that a dose of 325 nmol/kg significantly reduced infarct volume by 47.3%, indicating a strong neuroprotective effect within a specific therapeutic window. These findings, along with previous clinical trial data, will guide future clinical development and dosing strategies for ARG-007 in treating acute ischemic stroke.

The most recent analyst rating on (AU:AGN) stock is a Buy with a A$0.63 price target. To see the full list of analyst forecasts on Argenica Therapeutics Ltd stock, see the AU:AGN Stock Forecast page.

Argenica Therapeutics AGM Resolutions Passed Successfully
Nov 12, 2025

Argenica Therapeutics Limited announced the successful passage of all resolutions at its Annual General Meeting held on November 12, 2025. The approval of resolutions, including the adoption of the remuneration report, re-election of a director, and approval of a 10% placement capacity, reflects strong shareholder support and positions the company for continued strategic growth.

The most recent analyst rating on (AU:AGN) stock is a Buy with a A$0.63 price target. To see the full list of analyst forecasts on Argenica Therapeutics Ltd stock, see the AU:AGN Stock Forecast page.

Argenica Therapeutics Advances ARG-007 Amidst Clinical and Market Challenges
Nov 12, 2025

Argenica Therapeutics has completed its first trial in acute ischaemic stroke patients, focusing on the safety of its lead product, ARG-007. Despite a fall in share price due to the trial’s top line results, the company remains optimistic about ARG-007’s potential, particularly in specific patient subgroups. The company has secured $1.5 million in grant funding to support further trials and continues to explore ARG-007’s applications in other brain injury indications. Argenica is also strengthening its team to navigate regulatory approvals and expand its clinical trials globally.

The most recent analyst rating on (AU:AGN) stock is a Buy with a A$0.63 price target. To see the full list of analyst forecasts on Argenica Therapeutics Ltd stock, see the AU:AGN Stock Forecast page.

Argenica Therapeutics Announces Retirement of Key Board Member
Nov 12, 2025

Argenica Therapeutics announced the retirement of Mr. Terry Budge, a non-executive director, at the conclusion of their AGM. Mr. Budge has been a pivotal figure since January 2021, contributing significantly to the company’s IPO and the development of ARG-007. His leadership in financial stewardship and capital raising has been instrumental in advancing the company’s clinical trials and development efforts. The company expressed gratitude for his dedication and support.

The most recent analyst rating on (AU:AGN) stock is a Buy with a A$0.63 price target. To see the full list of analyst forecasts on Argenica Therapeutics Ltd stock, see the AU:AGN Stock Forecast page.

Argenica Therapeutics Advances Stroke Treatment with Promising Trial Results
Oct 31, 2025

Argenica Therapeutics has announced the successful completion of its Phase 2 clinical trial for ARG-007, demonstrating safety and tolerability in acute ischemic stroke patients. While the trial did not show a significant overall treatment effect in reducing infarct volumes, a promising efficacy signal was observed in a specific subgroup of high-risk patients. The company plans to advance to a targeted Phase 2b trial, supported by strong functional data and additional funding, to further explore ARG-007’s potential benefits.

The most recent analyst rating on (AU:AGN) stock is a Buy with a A$0.63 price target. To see the full list of analyst forecasts on Argenica Therapeutics Ltd stock, see the AU:AGN Stock Forecast page.

Argenica Therapeutics Issues New Equity Securities as Part of Employee Incentive Scheme
Oct 20, 2025

Argenica Therapeutics Ltd announced the issuance of 200,000 unquoted equity securities in the form of options expiring in April 2029. This move is part of an employee incentive scheme, which is not intended to be quoted on the ASX. The issuance of these securities reflects the company’s strategy to incentivize and retain talent, potentially impacting its operational dynamics and market positioning.

The most recent analyst rating on (AU:AGN) stock is a Buy with a A$0.63 price target. To see the full list of analyst forecasts on Argenica Therapeutics Ltd stock, see the AU:AGN Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jan 20, 2026