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Rhythm Biosciences Ltd.
(Sydney:RHY)
Rhythm Biosciences Ltd. (RHY) vs. iShares MSCI Australia ETF (EWA)
Rhythm Biosciences Ltd. Business Overview & Revenue Model
Rhythm Biosciences Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.19M | 3.19M | 1.69M | 3.10M | 2.43M | 1.11M |
| Gross Profit | 372.04K | 2.97M | -1.36M | 2.91M | -101.48K | 961.86K |
| EBITDA | -3.53M | -3.53M | -8.35M | -11.11M | -11.10M | -6.46M |
| Net Income | -3.83M | -3.83M | -6.86M | -8.22M | -8.79M | -6.61M |
Balance Sheet | ||||||
| Total Assets | 2.83M | 2.83M | 1.52M | 7.70M | 8.44M | 3.07M |
| Cash, Cash Equivalents and Short-Term Investments | 1.48M | 1.48M | 754.50K | 4.17M | 7.60M | 2.27M |
| Total Debt | 1.11M | 1.11M | 163.82K | 84.61K | 170.14K | 0.00 |
| Total Liabilities | 2.17M | 2.17M | 651.54K | 1.82M | 1.07M | 1.36M |
| Stockholders Equity | 659.89K | 659.89K | 867.17K | 5.87M | 7.37M | 1.71M |
Cash Flow | ||||||
| Free Cash Flow | -2.94M | -2.94M | -6.22M | -7.06M | -6.24M | -5.47M |
| Operating Cash Flow | -2.92M | -2.92M | -6.14M | -6.96M | -6.21M | -5.40M |
| Investing Cash Flow | -582.96K | -582.96K | -82.28K | -99.12K | -27.01K | -68.27K |
| Financing Cash Flow | 4.19M | 4.19M | 2.80M | 3.63M | 11.85M | 5.90M |
Rhythm Biosciences Ltd. Technical Analysis
Rhythm Biosciences Ltd. Peers Comparison
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% | |
50 Neutral | AU$169.25M | ― | -111.23% | ― | 12.96% | 40.81% | |
48 Neutral | AU$34.21M | -4.70 | -97.79% | ― | ― | 23.85% | |
44 Neutral | AU$27.68M | -6.59 | -501.54% | ― | ― | 56.42% | |
43 Neutral | $5.67M | ― | ― | ― | -56.35% | 42.80% | |
41 Neutral | AU$60.19M | -2.93 | -36.16% | ― | 62.81% | 16.37% | |
38 Underperform | AU$49.96M | -5.78 | -37.78% | ― | 2.33% | 12.50% |
Rhythm Biosciences Ltd. Corporate Events
Rhythm Biosciences Ltd. has announced a change in the director’s interest notice, specifically concerning David Atkins. The update details the acquisition of various securities, including ordinary shares, loan-funded shares, listed options, unlisted options, and deferred shares, following approval at the Annual General Meeting. This change reflects a strategic adjustment in the company’s governance and may influence its market perception and stakeholder confidence.
Rhythm Biosciences Ltd. announced a change in the director’s interest, with Gavin Fox-Smith acquiring a significant number of securities, including ordinary shares and options. This acquisition, approved at the Annual General Meeting, reflects strategic moves within the company to align leadership interests with shareholder value, potentially impacting its market positioning and stakeholder confidence.
Rhythm Biosciences Ltd. announced a change in the director’s interest, with Sue MacLeman acquiring 450,000 loan funded shares and 450,000 unlisted options, while disposing of 200,000 unlisted options. This change, approved by shareholders at the Annual General Meeting, reflects a strategic adjustment in the company’s governance and may impact its market positioning and stakeholder interests.
Rhythm Biosciences Ltd. announced the cessation of 200,000 securities due to the lapse of conditional rights, as the conditions were not met by the expiration date of November 30, 2025. This announcement may impact the company’s capital structure and could influence investor perceptions regarding the company’s operational and financial strategies.
Rhythm Biosciences Ltd. announced the issuance of 2,700,000 unquoted equity securities in the form of options expiring on November 30, 2027, with an exercise price of $0.20. This issuance, part of an employee incentive scheme, reflects the company’s strategic efforts to align employee interests with long-term growth objectives, potentially impacting its operational dynamics and market positioning.
Rhythm Biosciences Ltd announced the issuance of 3,333,332 ordinary shares without disclosure under Part 6D.2 of the Corporations Act. The company confirmed compliance with relevant provisions of the Corporations Act and stated there is no excluded information to disclose. This move supports Rhythm’s ongoing efforts in enhancing its financial position to further develop and distribute its diagnostic products, potentially impacting its market presence positively.
Rhythm Biosciences Ltd. announced the issuance of unquoted equity securities, specifically options expiring in 2027 and 2028. This move is part of an employee incentive scheme and is not intended for public trading on the ASX, indicating a strategy to motivate and retain key personnel. The issuance of these options could potentially enhance the company’s operational capabilities by aligning employee interests with long-term company goals.
Rhythm Biosciences Ltd. announced the issuance of 2,193,001 unquoted equity securities under an employee incentive scheme. This move is part of the company’s strategy to incentivize and retain talent, potentially enhancing its operational capabilities and competitive positioning in the biotechnology sector.
Rhythm Biosciences Limited has released a report detailing the holdings of its listed options, which are set to expire on November 30, 2027. The report indicates that a significant portion of the options, 96.67%, is held by a small group of 67 holders, with the top holder being HSBC Custody Nominees (Australia) Limited, owning 10.06% of the issued share capital. This concentration of holdings could have implications for the company’s market dynamics and investor relations, as it suggests a limited distribution of shares among a few stakeholders.
Rhythm Biosciences Ltd has successfully transitioned its geneType™ Laboratory to the ISO 15189:2022 standard, securing updated accreditation. This achievement allows Rhythm to continue delivering its geneType™ risk assessment service and positions the company to commercialize its ColoSTAT® test as an in-house IVD, pending further assessment. The transition will also help optimize operational costs by eliminating the need for ISO13485 status. This strategic move strengthens Rhythm’s laboratory systems and supports a unified commercial strategy for its products, enhancing market access and operational efficiency.
Rhythm Biosciences Ltd announced the independent validation of its geneType Ovarian Cancer Risk Prediction Model through the Nurses’ Health Study, confirming its ability to identify twice as many women at elevated risk compared to clinical models alone. This validation supports the model’s clinical utility and aligns with the company’s strategy to enhance personalized and proactive disease management, potentially impacting early detection and prevention strategies in healthcare.
Rhythm Biosciences Limited has released a presentation for general informational purposes, emphasizing that the information provided is not intended as investment advice and may be subject to change. The company highlights that the presentation includes forward-looking statements, which are predictions subject to risks and uncertainties, and advises recipients not to rely on these statements for investment decisions.
Rhythm Biosciences Ltd announced the receipt of a $1.571 million Research and Development Tax Incentive and the repayment of a $1 million loan from Endpoints Capital. The company will continue to participate in the Australian Government’s R&D incentive program, which supports its ongoing research efforts. This financial maneuver strengthens Rhythm’s position in the cancer diagnostics industry, allowing it to focus on its mission of early cancer detection and potentially impacting healthcare costs and patient outcomes positively.
Rhythm Biosciences Ltd. has announced a change in its board of directors, with Otto Buttula ceasing to be a director as of November 5, 2025. This change in leadership may impact the company’s strategic direction and stakeholder interests, as it involves significant holdings in the company through various investment entities.
Rhythm Biosciences Ltd announced that all resolutions at its Annual General Meeting were passed by poll, reflecting strong shareholder support. This outcome signifies confidence in the company’s strategic direction and ongoing initiatives, potentially strengthening its position in the medical diagnostics industry.
Rhythm Biosciences Ltd has appointed Gavin Fox-Smith as the new Chair following the retirement of Otto Buttula. This leadership change marks a new phase for the company, which is known for its innovative cancer diagnostics technology. The transition is expected to support the company’s growth and enhance shareholder value as it continues to develop its cancer detection solutions.
Rhythm Biosciences Ltd. presented a post-AGM update, highlighting ongoing investigations and potential changes in their projects. The presentation underscores the company’s commitment to advancing its research, though it cautions stakeholders about the uncertainties and risks involved, which may impact future operations and market positioning.
Rhythm Biosciences Ltd announced the successful evaluation of its ColoSTAT® test, which demonstrates consistent performance in detecting colorectal cancer across various age groups and genders. The test shows promise for early onset cancer detection in patients under 50 years old, addressing a growing need in the healthcare industry. The company plans further studies to establish statistical significance and aims for commercial release following regulatory assessments.
Rhythm Biosciences Ltd has announced significant progress in its operations for the first quarter of FY26, highlighted by strategic distribution partnerships for its Genetype product and advancements in the commercial readiness of its ColoSTAT® kits. The company has also successfully raised $3.75 million in capital, indicating strong investor confidence. These developments position Rhythm Biosciences to achieve its strategic objectives for the year, with a focus on commercializing ColoSTAT® and expanding its product offerings.
Rhythm Biosciences Ltd. has released an investor roadshow presentation, highlighting ongoing investigations and developments within the company. While the presentation includes forward-looking statements, it emphasizes that these are subject to change due to various uncertainties. The release underscores the company’s commitment to advancing its diagnostic technologies, although it advises caution regarding the reliance on speculative projections.
Rhythm Biosciences Ltd. has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement confirms the company’s adherence to the ASX Corporate Governance Council’s principles, highlighting their commitment to maintaining high standards of corporate governance. This announcement underscores the company’s dedication to transparency and accountability, potentially strengthening its position in the biotechnology sector and reassuring stakeholders of its governance practices.
Rhythm Biosciences Ltd announced the issuance of 333,333 ordinary shares without disclosure under the Corporations Act, complying with relevant provisions and confirming no excluded information needs to be disclosed. This move aligns with the company’s focus on enhancing its operational capabilities and market positioning in the medical diagnostics industry, particularly in cancer detection and prevention.
Rhythm Biosciences Ltd. has announced the quotation of 333,333 ordinary fully paid securities on the Australian Securities Exchange (ASX) as part of a previously disclosed transaction. This move is expected to enhance the company’s financial flexibility and support its ongoing efforts in advancing its diagnostic technologies, potentially strengthening its position in the medical diagnostics market.
Rhythm Biosciences Ltd. announced a proposed issue of 333,333 ordinary fully paid securities, scheduled for September 18, 2025. This move is part of a placement or other type of issue, potentially enhancing the company’s capital structure and supporting its strategic initiatives in the biotechnology sector.
Rhythm Biosciences Ltd announced that its 2025 Annual General Meeting will be held on November 5, 2025, in Melbourne, with the closing date for director nominations set for September 17, 2025. This meeting is significant for the company’s governance and strategic direction, potentially impacting its operations and positioning in the cancer diagnostics industry.