MARKETS / NASDAQ / ETON
NASDAQ · PHARMACEUTICAL PREPARATIONS · SMALL CAP

Eton Pharmaceuticals, Inc. ETON

8 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$80.0M
▲ 104.9% vs FY2024
EPS · FY25
Dividend / sh · FY25
Payout · FY25
ROE · FY25
-18.2%
Net margin · FY25
-5.8%
Dividend coverage
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Result
USD 80.0M
Revenue, FY2025 · full 8-year series below
Revenue Net income
0.020.040.060.080.1-0.02018202120242025
0.020.040.060.080.1-0.02018202120242025

The company lost 6 cents on every revenue dollar this year.

Per share
Diluted EPS, FY2025
EPS
0.40.81.22018202120242025
0.40.81.22018202120242025

The company pays no cash dividend.

Profitability
-18.2%
Return on equity, FY2025
ROE
0.250.50.751-18.2%2018202120242025
0.250.50.751-18.2%2018202120242025
Operating margin-1.1%
Net margin-5.8%
Return on assets-5.5%

Each USD of equity lost 18 cents this year.

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises

Growth
+359.6% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+55.5%
+359.6%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.03B
Shares outstanding, FY2025
0.020.032018202120242025
0.020.032018202120242025
Change, 5 years+11.2%
Change, 10 years

The share count grew 11% in five years — the same company, cut into more, smaller slices.

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Balance sheet
USD 92.1M
total assets, end of FY2025
Total assetsUSD 92.1M
EquityUSD 26.2M
CashUSD 25.9M
Gross debtUSD 30.6M
Net debtUSD 4.6M
Current ratio1.57×

Net debt stands at 18% of equity.

History
8 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
Revenue $B
0.1
0.0
0.0
0.0
0.0
0.0
0.0
·
Operating income $B
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
EBITDA $B
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
Income tax $B
0.0
0.0
0.0
0.0
0.0
·
·
·
Net income $B
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
EPS, diluted $
·
·
·
·
−0.08
−1.33
−1.03
−5.80
Dividend / sh $
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
·
ROE %
−18.2
−19.2
−6.6
−58.8
−11.1
−198.5
−99.4
−131.1
Shares out B
0.03
0.03
0.03
0.03
0.02
0.02
0.02
0.02

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
33 of 33
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed