NewcelX Ltd. (NCEL) Income Statement
NCEL 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsNCEL revenue and net income
NCEL growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
NCEL quarterly EPS vs estimates
NewcelX beat the analyst EPS estimate in 0 of the last 8 quarters.
NCEL income statement
| 2025 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 |
| Research & development | $1.1M | $99,580 | $1.7M | $708 | $4.3M |
| Sales, general & admin | $1.3M | $2.2M | $3.3M | $2,740 | $1.4M |
| Total operating expenses | $2.5M | $2.3M | $4.2M | $3,449 | $5.8M |
| Operating income | −$2.5M | −$2.3M | −$4.2M | −$3,449 | −$5.8M |
| Interest income | $369,000 | — | — | — | — |
| Interest expense | $6.0M | $233,700 | $819,711 | $1,084 | $890,403 |
| Income before taxes | −$8.3M | −$2.9M | −$5.4M | −$5,147 | −$6.7M |
| Income taxes | — | — | — | — | −$5,767 |
| Net income | −$8.3M | −$2.9M | −$5.4M | −$5,147 | −$6.7M |
| EBITDA | −$2.2M | $69.6M | −$430,400 | — | −$5.8M |
| EPS (diluted) | −$1.73 | −$2.57 | −$0.32 | — | −$5.65 |
| Jun '26 | Mar '26 | Sep '25 | Mar '25 | Sep '24 | Mar '24 | Jun '23 | Mar '23 | Sep '22 | Dec '21 | Jun '21 | Mar '21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of revenue | $23,000 | — | $1,986 | −$2,383 | $5,704 | $5,704 | $5,704 | $5,704 | $5,704 | $5,028 | $5,022 | — |
| Gross profit | −$23,000 | — | −$1,986 | $2,383 | −$5,704 | −$5,704 | −$5,704 | −$5,704 | −$5,704 | −$5,028 | −$5,022 | — |
| Research & development | $1.2M | $476,063 | $142,083 | $150,701 | $271,350 | $1,524 | $4.4M | $3.4M | $5.5M | $4.1M | $1.9M | $58 |
| Sales, general & admin | — | $574,161 | $1.6M | $1.4M | $1.8M | $2,732 | $3.2M | $3.4M | $3.1M | $3.3M | $2.7M | $1.2M |
| Total operating expenses | $2.8M | $4.1M | $1.8M | $1.6M | $2.0M | $4.3M | $7.5M | $6.8M | $8.7M | $7.3M | $4.5M | $1.2M |
| Operating income | −$2.8M | −$4.1M | −$1.8M | −$2.3M | −$2.1M | −$4.3M | −$7.5M | −$6.8M | −$8.7M | −$7.3M | −$4.5M | −$1.2M |
| Interest expense | $104,000 | $5.6M | $385 | $63,032 | $86,985 | $145,024 | $129 | $91,686 | $9,179 | $1 | $68,133 | $145,371 |
| Income before taxes | −$2.9M | $4.4M | −$2.2M | $55,024 | −$2.0M | −$4.6M | −$7.6M | −$7.9M | −$8.6M | −$7.3M | −$4.6M | −$1.6M |
| Income taxes | — | $57,403 | — | — | — | — | — | — | — | — | — | — |
| Net income | −$2.9M | $4.3M | −$2.2M | $55,024 | −$2.0M | −$4,559 | −$7.6M | −$7.9M | −$8.6M | −$7.3M | −$4.6M | −$1.6M |
| EBITDA | −$2.8M | −$1.0M | −$2.2M | −$1.6M | −$1.9M | −$4.3M | −$7.5M | −$6.8M | −$8.7M | −$7.3M | −$4.5M | −$1.5M |
| EPS (diluted) | — | — | −$1.05 | −$0.99 | −$1.94 | — | — | −$0.33 | −$0.54 | −$1.00 | −$0.42 | −$0.24 |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in NCEL's financial statements (latest annual report filed April 29, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
NCEL financial results
NewcelX reported no revenue in fiscal year 2025 (ended December 31, 2025). It had a net loss of $8.3 million. Diluted earnings per share came to −$1.73.
See the NCEL stock overview for the latest quote and news, or the NCEL chart for price history and technical indicators.
NCEL income statement FAQ
Does NewcelX have revenue?
NewcelX reported no revenue for fiscal year 2025, which ended on December 31, 2025.
Is NewcelX profitable?
No. NewcelX reported a net loss of $8.3 million in fiscal 2025.
How much does NewcelX spend on research and development?
NewcelX spent $1.1 million on research and development in fiscal 2025.
What are NewcelX's earnings per share?
NewcelX earned $-1.73 per diluted share in fiscal 2025, compared with $-2.57 a year earlier.
When does NewcelX's fiscal year end?
NewcelX's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 29, 2026.