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KalVista Pharmaceuticals, Inc. (KALV) 10-Year Financial Performance & Capital Metrics

KALV • • Industrial / General
HealthcareBiotechnologyAutoimmune & Inflammatory DiseasesDermatology & Autoimmune
AboutKalVista Pharmaceuticals, Inc., a clinical stage pharmaceutical company, discovers, develops, and commercializes small molecule protease inhibitors for diseases with unmet needs. The company's product portfolio comprises small molecule plasma kallikrein inhibitors targeting hereditary angioedema (HAE) and diabetic macular edema (DME); and oral plasma kallikrein inhibitors. Its products include KVD001, a plasma kallikrein inhibitor that completed a Phase II clinical trial for the treatment of DME; sebetralstat, which is initiation of the Phase 3 KONFIDENT trial as a potential oral, on-demand therapy for HAE attacks; KVD824, an oral product candidate for the treatment of HAE; and Factor XIIa, an oral inhibitor program which is in preclinical stage targets an enzyme in HAE. The company is headquartered in Cambridge, Massachusetts.Show more
  • Revenue $0
  • EBITDA -$187M -34.0%
  • Net Income -$183M -44.9%
  • EPS (Diluted) -3.69 -7.3%
  • Gross Margin -
  • EBITDA Margin -
  • Operating Margin -
  • Net Margin -
  • ROE -121.5% -76.3%
  • ROIC -152.29% -113.4%
  • Debt/Equity 0.07 +86.7%
  • Interest Coverage -32.50
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free

✗Weaknesses

  • ✗Weak Piotroski F-Score: 2/9
  • ✗Shares diluted 35.0% in last year
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-34.48%

EPS CAGR

10Y-
5Y-
3Y-
TTM-10.16%

ROCE

10Y Avg-67.07%
5Y Avg-60.22%
3Y Avg-75.06%
Latest-89.91%

Peer Comparison

Dermatology & Autoimmune
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Momentum & Returns
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Technical
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Sector-Specific
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GLPGGalapagos N.V.2.18B33.1129.5614.99%-151.94%-15.16%0.00
PTGXProtagonist Therapeutics, Inc.5.02B80.2518.976.24%21.94%7.11%3.64%0.02
ALMSAlumis Inc. Common Stock2.48B21.09-2.03-11.08%-63.71%0.12
PHATPhathom Pharmaceuticals, Inc.1.13B14.47-2.7480.01%-186.53%
ORKAOruka Therapeutics, Inc.1.49B30.69-6.15-22.44%0.00

Profit & Loss

Apr 2016Apr 2017Apr 2018Apr 2019Apr 2020Apr 2021Apr 2022Apr 2023Apr 2024Apr 2025
Sales/Revenue+2.13M1.5M8.39M16.13M12.69M00000
Revenue Growth %0.18%-0.29%4.58%0.92%-0.21%-1%----
Cost of Goods Sold+14.66K12.67K18.24K35.02K40.19M41.29M0086.17M0
COGS % of Revenue0.01%0.01%0%0%3.17%-----
Gross Profit+2.12M1.49M8.38M16.09M-27.5M-41.29M00-86.17M0
Gross Margin %0.99%0.99%1%1%-2.17%-----
Gross Profit Growth %0.18%-0.3%4.62%0.92%-2.71%-0.5%1%--1%
Operating Expenses+17.31M23.84M27.1M45.95M13.03M16.64M96.61M110.87M54.28M188M
OpEx % of Revenue8.12%15.85%3.23%2.85%1.03%-----
Selling, General & Admin2.65M11.18M8.86M10.93M13.03M16.64M26.45M30.59M54.28M116.29M
SG&A % of Revenue1.24%7.43%1.06%0.68%1.03%-----
Research & Development14.66M12.67M18.24M35.02M40.19M41.29M70.17M80.28M86.17M71.71M
R&D % of Revenue6.87%8.42%2.17%2.17%3.17%-----
Other Operating Expenses0000-40.19M-41.29M00-86.17M0
Operating Income+-15.18M-22.34M-18.7M-29.82M-40.53M-57.92M-96.61M-110.87M-140.44M-188M
Operating Margin %-7.12%-14.85%-2.23%-1.85%-3.19%-----
Operating Income Growth %-0.88%-0.47%0.16%-0.59%-0.36%-0.43%-0.67%-0.15%-0.27%-0.34%
EBITDA+-15.05M-22.3M-18.52M-29.44M-40.02M-57.39M-96.05M-110.15M-139.63M-187.05M
EBITDA Margin %-7.05%-14.83%-2.21%-1.83%-3.15%-----
EBITDA Growth %-0.87%-0.48%0.17%-0.59%-0.36%-0.43%-0.67%-0.15%-0.27%-0.34%
D&A (Non-Cash Add-back)133K40K180K378K512K537K564K718K816K941K
EBIT-15.18M-22.34M-18.7M-29.82M-40.53M-57.92M-81.31M-95.09M-135.1M-174.27M
Net Interest Income+50K36K82K1.4M1.83M903K1.09M2.23M0650K
Interest Income50K36K82K1.4M1.83M903K1.09M2.23M06.43M
Interest Expense0000000005.79M
Other Income/Expense3.75M3.74M2.9M9.13M11.54M11.68M14.27M17.96M5.35M7.94M
Pretax Income+-11.44M-18.6M-15.8M-20.69M-28.99M-46.24M-82.34M-92.91M-135.1M-180.05M
Pretax Margin %-5.36%-12.37%-1.88%-1.28%-2.28%-----
Income Tax+000124K124K000-8.45M3.39M
Effective Tax Rate %1%1%1%1.01%1%1%1%1%0.94%1.02%
Net Income+-11.44M-18.6M-15.8M-20.82M-29.12M-46.24M-82.34M-92.91M-126.64M-183.44M
Net Margin %-5.36%-12.37%-1.88%-1.29%-2.29%-----
Net Income Growth %-0.58%-0.63%0.15%-0.32%-0.4%-0.59%-0.78%-0.13%-0.36%-0.45%
Net Income (Continuing)-11.44M-18.6M-15.8M-20.82M-29.12M-46.24M-82.34M-92.91M-126.64M-183.44M
Discontinued Operations0000000000
Minority Interest0000000000
EPS (Diluted)+-2.40-1.92-1.53-1.38-1.64-2.33-3.36-3.33-3.44-3.69
EPS Growth %0.61%0.2%0.2%0.1%-0.19%-0.42%-0.44%0.01%-0.03%-0.07%
EPS (Basic)-2.40-1.92-1.53-1.38-1.64-2.33-3.36-3.33-3.44-3.69
Diluted Shares Outstanding4.77M9.71M10.32M15.08M17.75M19.09M24.47M27.89M36.79M49.65M
Basic Shares Outstanding4.77M9.71M10.32M15.08M17.75M19.09M24.47M27.89M36.79M49.65M
Dividend Payout Ratio----------

Balance Sheet

Apr 2016Apr 2017Apr 2018Apr 2019Apr 2020Apr 2021Apr 2022Apr 2023Apr 2024Apr 2025
Total Current Assets+24.67M34.25M59.38M115.55M88.7M264.26M193.65M172.33M225.69M241.69M
Cash & Short-Term Investments21.76M30.95M51.05M100.81M67.71M248.93M166.2M149.38M210.4M187.65M
Cash Only21.76M30.95M51.05M32.01M15.79M50.59M30.73M56.24M31.79M98.64M
Short-Term Investments00068.81M51.92M198.34M135.47M93.14M178.61M89M
Accounts Receivable356K2.55M6.83M11.31M16.53M11.72M16.81M18.64M10.87M15.14M
Days Sales Outstanding60.92618.12297.17256.09475.36-----
Inventory0000000000
Days Inventory Outstanding----------
Other Current Assets00000000019.21M
Total Non-Current Assets+74K97K2.01M2.59M3.83M7.75M10.23M10.88M9.71M9.08M
Property, Plant & Equipment74K97K1.84M2.41M3.65M7.55M10.04M10.77M9.15M1.99M
Fixed Asset Turnover28.82x15.51x4.57x6.68x3.47x-----
Goodwill0000000000
Intangible Assets0000000000
Long-Term Investments199K000000000
Other Non-Current Assets-199K0173K173K178K200K193K106K567K7.09M
Total Assets+24.75M34.34M61.39M118.13M92.53M272.01M203.88M183.2M235.4M250.77M
Asset Turnover0.09x0.04x0.14x0.14x0.14x-----
Asset Growth %2.72%0.39%0.79%0.92%-0.22%1.94%-0.25%-0.1%0.28%0.07%
Total Current Liabilities+3.25M3.02M23.22M18.05M7.72M9.77M11.58M15.03M22.81M45.17M
Accounts Payable1.01M1.15M1.43M2.86M1.68M1.98M3.64M4.82M9.11M4.88M
Days Payables Outstanding25.1K33.23K28.68K29.81K15.2317.51--38.58-
Short-Term Debt0000000000
Deferred Revenue (Current)29K01000K1000K000001000K
Other Current Liabilities1.49M00003.51M4.17M4.21M6.69M0
Current Ratio7.59x11.35x2.56x6.40x11.49x27.04x16.73x11.46x9.90x5.35x
Quick Ratio7.59x11.35x2.56x6.40x11.49x27.04x16.73x11.46x9.90x5.35x
Cash Conversion Cycle----------
Total Non-Current Liabilities+1.01M1.15M10.92M3.34M1.06M5.05M7.21M7.14M6.01M110.21M
Long-Term Debt0000000000
Capital Lease Obligations0058K01.06M5.05M7.21M7.14M6.01M4.33M
Deferred Tax Liabilities-3.15M000000000
Other Non-Current Liabilities-56K010.86M0000000
Total Liabilities3.25M3.02M34.14M21.39M8.78M14.82M18.79M22.18M28.82M155.38M
Total Debt+4.61M0279K54K1.65M5.91M8.19M8.23M7.32M6.31M
Net Debt-17.16M-30.95M-50.78M-31.95M-14.14M-44.68M-22.54M-48.01M-24.47M-92.34M
Debt / Equity0.21x-0.01x0.00x0.02x0.02x0.04x0.05x0.04x0.07x
Debt / EBITDA----------
Net Debt / EBITDA----------
Interest Coverage----------32.50x
Total Equity+21.5M31.33M27.25M96.74M83.75M257.19M185.09M161.03M206.58M95.39M
Equity Growth %1.49%0.46%-0.13%2.55%-0.13%2.07%-0.28%-0.13%0.28%-0.54%
Book Value per Share4.513.232.646.414.7213.477.565.775.621.92
Total Shareholders' Equity21.5M31.33M27.25M96.74M83.75M257.19M185.09M161.03M206.58M95.39M
Common Stock3K10K11K17K18K24K25K34K42K50K
Retained Earnings-37.25M-55.85M-71.66M-92.48M-121.59M-167.84M-250.18M-343.08M-469.73M-653.17M
Treasury Stock0000000000
Accumulated OCI-75K-2.64M-1.11M-1.93M-1.88M-1.43M-3.86M-3.06M-3.49M-5.21M
Minority Interest0000000000

Cash Flow

Apr 2016Apr 2017Apr 2018Apr 2019Apr 2020Apr 2021Apr 2022Apr 2023Apr 2024Apr 2025
Cash from Operations+-13.16M-23.72M10.56M-36.37M-44.82M-30.17M-78.13M-75.26M-89.23M-152.91M
Operating CF Margin %-6.17%-15.77%1.26%-2.25%-3.53%-----
Operating CF Growth %-1.07%-0.8%1.45%-4.44%-0.23%0.33%-1.59%0.04%-0.19%-0.71%
Net Income-11.44M-18.6M-15.8M-20.82M-29.12M-46.24M-82.34M-92.91M-126.64M-183.44M
Depreciation & Amortization33K40K180K378K512K537K743K718K816K941K
Stock-Based Compensation118K394K1.06M2.97M4.45M7.12M09.92M21.91M0
Deferred Taxes0000-33K00000
Other Non-Cash Items-1.66M-1.37M-651K-103K13K72K15.78M-407K-485K14.56M
Working Capital Changes-210K-4.18M25.77M-18.79M-20.64M8.35M-12.32M7.41M15.17M15.04M
Change in Receivables-137-571K-3.94M-4.88M-5.78M7.46M-5.2M-2.32M8.18M-3.62M
Change in Inventory0004.88M5.78M00000
Change in Payables374K-1.6M217K1.53M-1M150K1.69M1.11M4.32M-4.97M
Cash from Investing+-11K34.06M-1.43M-69.42M16.75M-147.65M57.86M41.41M-84.72M91.02M
Capital Expenditures-11K-74K-1.43M-1.08M-220K-82K-931K-1.2M-42K-929K
CapEx % of Revenue0.01%0.05%0.17%0.07%0.02%-----
Acquisitions----------
Investments----------
Other Investing-715K34.14M-1.43M-69.42M16.75M000-401K0
Cash from Financing+33M2K8.99M87.94M11.58M212.12M1.58M58.12M150.71M159.73M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing33M2K0242K216K1.53M01.53M53.77M0
Net Change in Cash----------
Free Cash Flow+-13.17M-23.8M9.13M-37.45M-45.04M-30.25M-79.06M-76.46M-89.67M-153.34M
FCF Margin %-6.17%-15.82%1.09%-2.32%-3.55%-----
FCF Growth %-1.03%-0.81%1.38%-5.1%-0.2%0.33%-1.61%0.03%-0.17%-0.71%
FCF per Share-2.76-2.450.88-2.48-2.54-1.58-3.23-2.74-2.44-3.09
FCF Conversion (FCF/Net Income)1.15x1.28x-0.67x1.75x1.54x0.65x0.95x0.81x0.70x0.83x
Interest Paid0000000000
Taxes Paid0000000000

Key Ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)-53.2%-70.44%-53.96%-33.58%-32.26%-27.13%-37.23%-53.69%-68.9%-121.5%
Return on Invested Capital (ROIC)--710.23%--108.4%-45.24%-30.8%-38.64%-60.35%-71.38%-152.29%
Gross Margin99.31%99.16%99.78%99.78%-216.74%-----
Net Margin-536.15%-1236.9%-188.29%-129.08%-229.44%-----
Debt / Equity0.21x-0.01x0.00x0.02x0.02x0.04x0.05x0.04x0.07x
Interest Coverage----------32.50x
FCF Conversion1.15x1.28x-0.67x1.75x1.54x0.65x0.95x0.81x0.70x0.83x
Revenue Growth18.24%-29.49%458.11%92.13%-21.31%-100%----

Frequently Asked Questions

Growth & Financials

KalVista Pharmaceuticals, Inc. (KALV) reported $15.1M in revenue for fiscal year 2025. This represents a 883% increase from $1.5M in 2013.

KalVista Pharmaceuticals, Inc. (KALV) grew revenue by 0.0% over the past year. Growth has been modest.

KalVista Pharmaceuticals, Inc. (KALV) reported a net loss of $210.3M for fiscal year 2025.

Dividend & Returns

KalVista Pharmaceuticals, Inc. (KALV) has a return on equity (ROE) of -121.5%. Negative ROE indicates the company is unprofitable.

KalVista Pharmaceuticals, Inc. (KALV) had negative free cash flow of $160.3M in fiscal year 2025, likely due to heavy capital investments.

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