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Noxopharm Ltd. (AU:NOX)
ASX:NOX
Australian Market
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Noxopharm Ltd. (NOX) AI Stock Analysis

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AU:NOX

Noxopharm Ltd.

(Sydney:NOX)

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Neutral 50 (OpenAI - 5.2)
Rating:50Neutral
Price Target:
AU$0.09
▲(2.22% Upside)
Action:Reiterated
Date:06/25/26
The score is held down primarily by weak financial performance—significant ongoing losses, continued cash burn, and a weaker 2025 balance sheet with higher leverage. Technicals are supportive (price above key moving averages with positive MACD), but valuation is constrained by negative earnings and no dividend support.
Positive Factors
Oncology-focused R&D
A clear strategic focus on oncology R&D aligns the company with a structurally growing therapeutic area and high unmet medical need. Persistent demand for improved cancer treatments supports long-term commercial opportunity if clinical programs advance successfully.
Negative Factors
Weakened balance sheet and high leverage
Debt roughly 3.6x equity and falling shareholder equity materially reduce capital flexibility and increase solvency risk. High leverage in a development-stage biotech elevates the probability of dilutive financing or constrained strategic options over the coming months.
Read all positive and negative factors
Positive Factors
Negative Factors
Oncology-focused R&D
A clear strategic focus on oncology R&D aligns the company with a structurally growing therapeutic area and high unmet medical need. Persistent demand for improved cancer treatments supports long-term commercial opportunity if clinical programs advance successfully.
Read all positive factors

Noxopharm Ltd. (NOX) vs. iShares MSCI Australia ETF (EWA)

Noxopharm Ltd. Business Overview & Revenue Model

Company Description
Noxopharm Limited is an Australian drug development company with an international reach, focused on pioneering new treatment options for a range of solid tumor cancers and septic shock. Its primary asset, Veyonda, functions as an adjuvant therapy ...
How the Company Makes Money
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Noxopharm Ltd. Financial Statement Overview

Summary
Weak fundamentals: volatile revenue, persistent large net losses, and negative gross profit in 2025. Cash flow remains negative (ongoing cash burn), and the 2025 balance sheet deteriorated with higher leverage (~3.6x debt-to-equity) and reduced equity, increasing funding and solvency risk.
Income Statement
18
Very Negative
Balance Sheet
32
Negative
Cash Flow
20
Very Negative
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue1.66M2.82M2.40M6.01M5.43M5.61M
Gross Profit-1.05M-1.45M-534.81K5.86M5.17M5.35M
EBITDA-6.14M-5.38M-5.95M-20.85M-23.70M-5.85M
Net Income-5.49M-4.88M-3.58M-15.06M-18.67M-9.35M
Balance Sheet
Total Assets4.75M4.58M6.78M10.13M26.59M47.85M
Cash, Cash Equivalents and Short-Term Investments91.40K1.55M2.32M3.01M14.01M26.80M
Total Debt4.25M2.48M0.000.00160.62K349.31K
Total Liabilities5.88M3.89M1.29M1.06M2.48M7.08M
Stockholders Equity-1.13M689.96K5.50M9.07M24.12M40.78M
Cash Flow
Free Cash Flow-7.27M-5.82M-684.31K-10.95M-13.73M-8.85M
Operating Cash Flow-7.27M-5.82M-684.31K-10.95M-13.73M-8.85M
Investing Cash Flow2.48M2.48M0.00123.51K0.00225.23K
Financing Cash Flow3.85M2.60M0.00-178.09K975.73K28.32M

Noxopharm Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.09
Price Trends
50DMA
0.08
Positive
100DMA
0.07
Positive
200DMA
0.08
Positive
Market Momentum
MACD
<0.01
Negative
RSI
53.79
Neutral
STOCH
55.56
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NOX, the sentiment is Positive. The current price of 0.09 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.08, and above the 200-day MA of 0.08, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.79 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:NOX.

Noxopharm 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
57
Neutral
AU$5.53B-506.85-1.72%59.13%-121.52%
55
Neutral
AU$75.71M-7.13-62.49%-13.64%
55
Neutral
AU$67.34M-1.24-93.08%116.02%75.56%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
50
Neutral
AU$27.96M-4.842509.60%-137.97%
46
Neutral
AU$899.13M-9.11-59.59%-70.72%
42
Neutral
AU$429.39M-40.48-47.44%-15.48%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:NOX
Noxopharm Ltd.
0.09
0.04
89.58%
AU:PTX
Prescient Therapeutics Limited
0.07
0.03
67.44%
AU:TLX
Telix Pharmaceuticals
16.27
-7.18
-30.62%
AU:RAC
Race Oncology Ltd.
2.19
1.03
88.79%
AU:CU6
Clarity Pharmaceuticals Ltd.
2.41
-0.65
-21.24%
AU:RAD
Radiopharm Theranostics Limited
0.02
>-0.01
-13.64%

Noxopharm Ltd. Corporate Events

Noxopharm Starts SOF-SKN Manufacturing Ahead of Cutaneous Lupus Trial
Jun 8, 2026
Noxopharm has begun manufacturing its SOF-SKN drug candidate to support a planned clinical trial later this year targeting cutaneous lupus erythematosus, a chronic autoimmune skin disease with limited targeted therapies. The manufacturing run, con...
Noxopharm Director Restructures Holding Via Off-Market Share Transfer
Jun 1, 2026
Noxopharm has disclosed a change in director Boris Patkin&#8217;s interest in the company&#8217;s securities, involving an off-market transfer of 630,000 ordinary fully paid shares. The shares were moved from Patkin&#8217;s direct holding to Snowy...
Noxopharm Showcases Potent New TLR8-Based Immuno-Oncology Platform
May 25, 2026
Noxopharm Limited unveiled new data demonstrating how its Sofra technology platform can significantly amplify Toll-like receptor 8 activity, a key immune sensor being targeted in cancer therapy. The company&#8217;s proprietary oligonucleotides sho...
Noxopharm Plans CEO Option Grant Tied to Long-Term Share Price Growth
May 8, 2026
Noxopharm Ltd. has notified the ASX of a proposed issue of up to 2 million new options to its chief executive officer, with an exercise price set at a 25% premium and an expiry date of 15 April 2030. The options, forming a new class of securities,...
Noxopharm Taps Novotech to Advance SOF-SKN Toward Key FDA Milestone
May 5, 2026
Noxopharm has engaged global clinical research organisation Novotech to support preparations for a pre-Investigational New Drug meeting with the U.S. Food and Drug Administration for its SOF-SKN candidate, part of the Sofra technology platform. Th...
Noxopharm Data Backs SOF-16’s Anti-Inflammatory Potential in Autoimmune Disease
Apr 30, 2026
Noxopharm has reported new data demonstrating the potential of its Sofra platform, showing that SOF-16, the active ingredient in its SOF-SKN cutaneous lupus candidate, exhibits strong anti-inflammatory effects in vitro on samples from patients wit...
Noxopharm Names CFO Shawn van Boheemen as New Company Secretary
Apr 29, 2026
Noxopharm Limited has appointed Chief Financial Officer Shawn van Boheemen as Company Secretary, effective immediately, following the resignation of long-serving secretary David Franks. The company highlighted van Boheemen&#8217;s three decades of...
Noxopharm deepens Sofra push with Tezcat deal, CEO shift and key trial progress
Apr 23, 2026
Noxopharm has strengthened its positioning in immunology drug development by signing a memorandum of understanding with U.S.-based Tezcat Biosciences to explore combining Sofra RNA assets with Tezcat&#8217;s targeted drug delivery system, aiming t...
Noxopharm’s SOF-SKN shows prolonged skin retention in preclinical study
Apr 21, 2026
Noxopharm Limited has reported new preclinical pharmacokinetic data for its cutaneous lupus candidate SOF-SKN, showing that the active ingredient SOF-16 has a skin half-life of about 3.5 days in both normal and disease-like tissue. The long reside...
Noxopharm Tightens Disclosure Controls After CEO Resigns and Director Notices Updated
Apr 14, 2026
Noxopharm has detailed changes in director interests following the resignation of Managing Director and CEO Dr Gisela Mautner on 14 April 2026, including the lodgement of a Final Director&#8217;s Interest Notice and a delayed Change of Director&#8...
Noxopharm CEO Resigns as Biotech Awaits Successor Amid Strategic Shift
Apr 14, 2026
Noxopharm Limited, a clinical-stage Australian biotech specialising in cancer and inflammation therapies and mRNA safety-enhancing technologies, develops proprietary drugs through its Sofra and Chroma platforms in collaboration with specialist in-...
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: Jun 25, 2026