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Onconetix, Inc. (ONCO) 10-Year Financial Performance & Capital Metrics

ONCO • • Industrial / General
HealthcareBiotechnologyInfectious DiseasesHepatitis & Viral Infections
AboutOnconetix, Inc., a biotechnology and pharmaceutical company, focuses on developing and commercializing transformational therapies to address health challenges worldwide. The company owns Entadfi, an FDA-approved, once daily pill that combines finasteride and tadalafil for the treatment of benign prostatic hyperplasia. It is also developing a streptococcus pneumoniae vaccine candidate, which is designed to prevent infectious middle ear infections in children, and prevention of pneumonia in the elderly; and universal flu vaccine that provide protection from all virulent strains in addition to licensing a novel norovirus S&P nanoparticle versatile virus-like particle vaccine platform from Cincinnati Children's to develop vaccines for multiple infectious diseases, including Marburg and monkeypox, and others. The company was formerly known as Blue Water Biotech, Inc. and changed its name to Onconetix, Inc. in December 2023. Onconetix, Inc. was incorporated in 2018 and is headquartered in Cincinnati, Ohio.Show more
  • Revenue $3M +4217.3%
  • EBITDA -$56M -54.9%
  • Net Income -$59M -56.9%
  • EPS (Diluted) -1823.25 -1981.3%
  • Gross Margin 41.8% +102.2%
  • EBITDA Margin -2208.99% +96.4%
  • Operating Margin -2237.96% +96.4%
  • Net Margin -2325.21% +96.4%
  • ROE -1065.65% -238.9%
  • ROIC -336.95% +79.0%
  • Debt/Equity 0.98 -86.0%
  • Interest Coverage -40.13 +25.2%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Trading at only 0.0x book value

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 4 (bottom 4%)
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Shares diluted 100.0% in last year
  • ✗Trading more than 30% below 52-week high

* 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-34.58%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM4.77%

EPS CAGR

10Y-
5Y-
3Y-
TTM-36002.37%

ROCE

10Y Avg-81.16%
5Y Avg-94.46%
3Y Avg-110.56%
Latest-140.84%

Peer Comparison

Hepatitis & Viral Infections
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
ADMAADMA Biologics, Inc.4.16B17.5021.6065.15%42.87%48.57%2.64%0.24
CVACCureVac N.V.1.05B4.666.478.96%37.93%33.02%7.95%0.06
DWTXDogwood Therapeutics, Inc.83.24M2.80-0.22-49.37%0.24
ALGSAligos Therapeutics, Inc.44.22M8.26-0.39-74.6%-32.68%-120.37%
INOInovio Pharmaceuticals, Inc.108.55M1.58-0.40-73.83%-592.82%-115.42%0.17
BRNSBarinthus Biotherapeutics plc29.81M0.73-0.4717.66%-408%-89.73%0.09
COCPCocrystal Pharma, Inc.15.3M1.11-0.65-126.11%0.19
KLRSKalaris Therapeutics Inc165.7M8.86-0.76-170.84%

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+000058.47K2.52M
Revenue Growth %-----42.17%
Cost of Goods Sold+5733.06K4.89K6.75K1.19M1.47M
COGS % of Revenue----20.28%0.58%
Gross Profit+-573-3.06K-4.89K-6.75K-1.13M1.06M
Gross Margin %-----19.28%0.42%
Gross Profit Growth %--4.33%-0.6%-0.38%-165.94%1.94%
Operating Expenses+879.66K1.62M3.42M13.48M34.91M57.54M
OpEx % of Revenue----597.07%22.8%
Selling, General & Admin819.49K1.1M2.09M9.35M14.77M11.23M
SG&A % of Revenue----252.64%4.45%
Research & Development60.17K524.91K1.33M4.13M1.95M154.36K
R&D % of Revenue----33.34%0.06%
Other Operating Expenses000018.19M46.16M
Operating Income+-880.23K-1.62M-3.42M-13.48M-36.03M-56.49M
Operating Margin %-----616.34%-22.38%
Operating Income Growth %--0.84%-1.11%-2.94%-1.67%-0.57%
EBITDA+-879.66K-1.62M-3.41M-13.47M-35.99M-55.76M
EBITDA Margin %-----615.59%-22.09%
EBITDA Growth %--0.84%-1.11%-2.95%-1.67%-0.55%
D&A (Non-Cash Add-back)5733.06K4.89K6.75K43.94K731.35K
EBIT-821.91K-1.6M-3.42M-13.42M-36.75M-58.33M
Net Interest Income+58.32K22.6K00-671.63K-1.41M
Interest Income58.32K22.6K00018
Interest Expense0000671.63K1.41M
Other Income/Expense58.32K22.6K061.41K-1.39M-3.25M
Pretax Income+-821.91K-1.6M-3.42M-13.42M-37.42M-59.74M
Pretax Margin %-----640.08%-23.67%
Income Tax+0000-12.59K-1.05M
Effective Tax Rate %1%1%1%1%1%0.98%
Net Income+-821.91K-1.6M-3.42M-13.42M-37.41M-58.69M
Net Margin %-----639.86%-23.25%
Net Income Growth %--0.95%-1.14%-2.93%-1.79%-0.57%
Net Income (Continuing)-821.91K-1.6M-3.42M-13.42M-37.41M-58.69M
Discontinued Operations000000
Minority Interest00007.01M0
EPS (Diluted)+-0.07-0.14-0.31-1.09-87.60-1823.25
EPS Growth %--0.88%-1.21%-2.52%-79.37%-19.81%
EPS (Basic)-0.07-0.14-0.31-1.09-87.60-1823.25
Diluted Shares Outstanding3.25K3.25K3.25K3.61K5.03K32.3K
Basic Shares Outstanding3.25K3.25K3.25K3.61K5.03K32.3K
Dividend Payout Ratio------

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+6.06M4.6M3.07M26.26M5.84M950.27K
Cash & Short-Term Investments6.05M4.31M1.93M25.75M4.55M646.5K
Cash Only6.05M4.31M1.93M25.75M4.55M646.5K
Short-Term Investments000000
Accounts Receivable8.33K44.8K152.52K35.85K149.73K96.31K
Days Sales Outstanding----934.7813.93
Inventory0000364.05K64.08K
Days Inventory Outstanding----112.0715.92
Other Current Assets00757.65K000
Total Non-Current Assets+21.93K215.6K11.5K52.71K81.68M27.23M
Property, Plant & Equipment6.93K15.67K11.5K14.09K209.2K182.32K
Fixed Asset Turnover----0.28x13.84x
Goodwill000055.68M27.05M
Intangible Assets000025.41M0
Long-Term Investments00000250.31K
Other Non-Current Assets15K199.93K038.62K383.54K-250.31K
Total Assets+6.08M4.81M3.08M26.31M87.52M28.18M
Asset Turnover----0.00x0.09x
Asset Growth %--0.21%-0.36%7.53%2.33%-0.68%
Total Current Liabilities+75.76K68.67K1.64M3.92M17.19M18.29M
Accounts Payable18.38K68.67K582.61K1.5M5.3M3.79M
Days Payables Outstanding11.71K8.2K43.49K81.05K1.63K941.08
Short-Term Debt00009.62M9.33M
Deferred Revenue (Current)000000
Other Current Liabilities00234.26K1.15M490.22K230.04K
Current Ratio79.98x66.94x1.88x6.69x0.34x0.05x
Quick Ratio79.98x66.94x1.88x6.69x0.32x0.05x
Cash Conversion Cycle-----583.26-911.23
Total Non-Current Liabilities+6.86K9.64K0068.92M280.88K
Long-Term Debt0000118.86K0
Capital Lease Obligations000074.29K0
Deferred Tax Liabilities00003.07M0
Other Non-Current Liabilities6.86K9.64K0065.66M280.88K
Total Liabilities82.62K78.31K1.64M3.92M86.11M18.57M
Total Debt+00009.89M9.45M
Net Debt-6.05M-4.31M-1.93M-25.75M5.33M8.8M
Debt / Equity----7.04x0.98x
Debt / EBITDA------
Net Debt / EBITDA------
Interest Coverage-----53.65x-40.13x
Total Equity+6M4.73M1.45M22.39M1.4M9.61M
Equity Growth %--0.21%-0.69%14.48%-0.94%5.84%
Book Value per Share1846.231456.99445.246203.38279.11297.54
Total Shareholders' Equity6M4.73M1.45M22.39M-5.6M9.61M
Common Stock832321576118
Retained Earnings-939.87K-2.54M-5.96M-19.38M-56.79M-115.68M
Treasury Stock000-566.81K-625.79K-625.79K
Accumulated OCI-80002.38M-2.72M
Minority Interest00007.01M0

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-825.13K-1.73M-2.04M-8.68M-13.58M-10.5M
Operating CF Margin %-----232.29%-4.16%
Operating CF Growth %--1.1%-0.18%-3.24%-0.57%0.23%
Net Income-821.91K-1.6M-3.42M-13.42M-37.41M-58.69M
Depreciation & Amortization5733.06K4.89K6.75K43.94K731.35K
Stock-Based Compensation3.27K334.84K130.14K1.97M329.76K438.65K
Deferred Taxes0-292.13K00-12.59K-1.05M
Other Non-Cash Items0292.13K23.44K202.51K21.84M49.61M
Working Capital Changes-7.05K-468.56K1.21M2.56M1.62M-1.54M
Change in Receivables-8.33K-1.48K-114.96K0-62.29K116.68K
Change in Inventory01.48K00-315.83K-62.27K
Change in Payables18.38K50.29K336.71K1.09M3.37M-1.48M
Cash from Investing+-4.5K-11.79K-1.92K-32.66K-8.65M-28.47K
Capital Expenditures-4.5K-11.79K-1.92K-9.34K-55.04K-28.47K
CapEx % of Revenue----0.94%0.01%
Acquisitions------
Investments------
Other Investing000-23.33K-8.59M0
Cash from Financing+6.88M0-334.19K32.53M1.04M6.74M
Debt Issued (Net)------
Equity Issued (Net)------
Dividends Paid00000-206.4K
Share Repurchases------
Other Financing00-334.19K-1.77M-204.63K-187.28K
Net Change in Cash------
Free Cash Flow+-829.63K-1.74M-2.05M-8.68M-13.64M-10.52M
FCF Margin %-----233.23%-4.17%
FCF Growth %--1.1%-0.17%-3.24%-0.57%0.23%
FCF per Share-255.35-536.14-629.78-2406.45-2709.87-325.83
FCF Conversion (FCF/Net Income)1.00x1.08x0.60x0.65x0.36x0.18x
Interest Paid00000379.41K
Taxes Paid000000

Key Ratios

Metric201920202021202220232024
Return on Equity (ROE)-13.7%-29.81%-110.59%-112.61%-314.47%-1065.65%
Return on Invested Capital (ROIC)--653.01%---1603.32%-336.95%
Gross Margin-----1927.93%41.8%
Net Margin-----63986.48%-2325.21%
Debt / Equity----7.04x0.98x
Interest Coverage-----53.65x-40.13x
FCF Conversion1.00x1.08x0.60x0.65x0.36x0.18x
Revenue Growth-----4217.31%

Revenue by Geography

20232024
European Union-2.44M
European Union Growth--
UNITED STATES-63.12K
UNITED STATES Growth--
SWITZERLAND58.47K-
SWITZERLAND Growth--

Frequently Asked Questions

Growth & Financials

Onconetix, Inc. (ONCO) reported $1.2M in revenue for fiscal year 2024.

Onconetix, Inc. (ONCO) grew revenue by 4217.3% over the past year. This is strong growth.

Onconetix, Inc. (ONCO) reported a net loss of $49.1M for fiscal year 2024.

Dividend & Returns

Yes, Onconetix, Inc. (ONCO) pays a dividend with a yield of 100.00%. This makes it attractive for income-focused investors.

Onconetix, Inc. (ONCO) has a return on equity (ROE) of -1065.7%. Negative ROE indicates the company is unprofitable.

Onconetix, Inc. (ONCO) had negative free cash flow of $7.5M in fiscal year 2024, likely due to heavy capital investments.

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