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Pathkey.AI Ltd engages in the development of digital tools that enhance healthcare experience for patients in Australia. The company offers TrialKey, an AI-driven clinical trial optimization and success prediction platform, that simulate and optimize trial designs for pharmaceuticals, medical devices, alternative therapies, and novel conditions. It also provides TrialGen, an AI-powered tool streamlines clinical trial design process for biopharma, MedTech, government, and healthcare organizations. The company was formerly known as Opyl Limited and changed its name to Pathkey.AI Ltd in August 2025. Pathkey.AI Ltd was incorporated in 1994 and is based in Milsons Point, Australia.
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| Breakdown | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 |
| Income before tax | -1.73M | -2.09M | -1.14M | -0.88M | -3.11M |
| Net income | -1.73M | -2.09M | -1.63M | -0.93M | -4.97M |
| Selling general administrative | 2.59M | 2.59M | 2.04M | 1.68M | 2.74M |
| Gross profit | 0.61M | 0.88M | 0.76M | 0.59M | 0.93M |
| Reconciled depreciation | 0.03M | 0.03M | 0.00M | 0.00M | 0.03M |
| Ebit | -1.72M | -2.08M | -1.14M | -0.86M | -1.23M |
| Ebitda | -1.70M | -2.06M | -1.14M | -0.86M | -1.21M |
| Depreciation and amortization | 0.03M | 0.03M | 0.00M | 0.00M | 0.03M |
| Operating income | -1.72M | -2.08M | -1.14M | -0.86M | -1.23M |
| Other operating expenses | 2.95M | 3.35M | 2.38M | 1.78M | 3.18M |
| Interest expense | 0.00M | 0.00M | 0.00M | 0.03M | 0.01M |
| Tax provision | 0.00M | 0.00M | 0.00M | 0.04M | 0.00M |
| Interest income | 0.00M | 0.00M | 0.00M | 0.03M | 0.01M |
| Net interest income | -0.00M | -0.00M | -0.00M | -0.03M | -0.00M |
| Income tax expense | 0.61M | 0.00M | 0.49M | 0.04M | 1.86M |
| Total revenue | 0.61M | 0.88M | 0.76M | 0.59M | 0.93M |
| Total operating expenses | 2.95M | 3.35M | 2.38M | 1.78M | 3.18M |
| Total other income expense net | 0.61M | -0.00M | -0.00M | -0.03M | -1.87M |
| Net income from continuing ops | -1.73M | -2.09M | -1.14M | -0.93M | -3.11M |
| Net income applicable to common shares | -1.73M | -2.09M | -1.14M | -0.93M | -3.11M |
| Breakdown | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 |
| Total assets | 0.41M | 0.71M | 0.98M | 2.50M | 0.94M |
| Intangible assets | - | 0.02M | 0.04M | 0.06M | 0.06M |
| Other current assets | 0.01M | - | 0.01M | 0.01M | 0.01M |
| Total liab | 0.50M | 1.11M | 0.71M | 0.31M | 0.22M |
| Total stockholder equity | -0.09M | -0.40M | 0.27M | 2.19M | 0.72M |
| Other current liab | 0.26M | 0.03M | 0.50M | 0.24M | 0.16M |
| Common stock | 22.50M | 19.92M | 19.27M | 19.27M | 16.84M |
| Capital stock | - | 19.92M | 19.27M | 19.27M | 16.84M |
| Retained earnings | -23.73M | -20.97M | -19.37M | -17.41M | -17.00M |
| Other liab | - | 0.01M | 0.03M | 0.03M | - |
| Cash | 0.37M | 0.45M | 0.79M | 2.32M | 0.80M |
| Cash and equivalents | - | 0.45M | 0.79M | 2.32M | 0.80M |
| Total current liabilities | 0.50M | 1.10M | 0.68M | 0.29M | 0.22M |
| Current deferred revenue | - | 0.58M | - | - | - |
| Net debt | -0.37M | -0.15M | -0.79M | -2.32M | -0.80M |
| Short term debt | - | 0.30M | 0.00M | 0.00M | 0.00M |
| Short long term debt | - | 0.30M | - | - | - |
| Short long term debt total | - | 0.30M | - | - | - |
| Other stockholder equity | - | 0.64M | 0.37M | 0.33M | 0.89M |
| Property plant equipment | - | 0.01M | 0.02M | 0.02M | 0.01M |
| Total current assets | 0.39M | 0.67M | 0.92M | 2.43M | 0.87M |
| Net tangible assets | - | -0.43M | 0.23M | 2.13M | 0.66M |
| Net receivables | 0.01M | 0.22M | 0.12M | 0.10M | 0.06M |
| Accounts payable | 0.24M | 0.19M | 0.17M | 0.05M | 0.06M |
| Accumulated other comprehensive income | 1.14M | 0.64M | 0.37M | 0.33M | 0.89M |
| Common stock total equity | - | - | - | - | 16.84M |
| Non currrent assets other | 0.01M | - | - | - | - |
| Non current assets total | 0.02M | 0.04M | 0.06M | 0.08M | 0.07M |
| Long term debt total | - | 0.00M | 0.00M | 0.00M | 0.00M |
| Breakdown | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-06-30 | 2022-06-30 | 2021-06-30 | 2020-06-30 | 2019-06-30 |
| Investments | -0.00M | -0.01M | -0.01M | -0.07M | -0.69M |
| Change to liabilities | 0.07M | 0.40M | 0.10M | -0.31M | -0.10M |
| Total cashflows from investing activities | -0.00M | -0.01M | -0.01M | -0.07M | -0.69M |
| Net borrowings | 0.15M | 0.15M | 0.15M | -0.10M | 0.20M |
| Total cash from financing activities | 1.03M | 1.03M | 2.43M | 1.81M | 1.35M |
| Change to operating activities | 0.01M | 0.00M | -0.00M | 0.04M | 0.09M |
| Net income | -1.73M | -2.09M | -1.14M | -0.93M | -3.11M |
| Change in cash | -0.33M | -1.53M | 1.52M | 0.70M | -1.45M |
| Begin period cash flow | 0.79M | 2.32M | 0.80M | 0.10M | 1.55M |
| End period cash flow | 0.45M | 0.79M | 2.32M | 0.80M | 0.10M |
| Total cash from operating activities | -1.36M | -2.06M | -0.90M | -1.03M | -2.10M |
| Issuance of capital stock | 0.96M | - | 2.68M | 2.02M | 1.22M |
| Depreciation | 0.03M | 0.03M | 0.00M | 0.00M | 0.03M |
| Other cashflows from investing activities | - | - | - | 0.00M | -0.69M |
| Change to account receivables | 0.08M | -0.03M | -0.04M | 0.12M | 0.01M |
| Sale purchase of stock | -0.07M | 0.00M | -0.25M | -0.11M | -0.07M |
| Other cashflows from financing activities | 0.15M | -0.01M | -0.01M | -0.07M | 0.20M |
| Change to netincome | 0.18M | 0.16M | 0.18M | 0.05M | 0.98M |
| Capital expenditures | 0.00M | 0.01M | 0.01M | 0.07M | 0.01M |
| Change in working capital | 0.61M | 0.36M | 0.47M | 0.30M | 0.01M |
| Other non cash items | - | 2.06M | 1.14M | 0.92M | 3.08M |
| Free cash flow | -0.00M | -2.07M | -0.01M | -1.10M | -2.10M |
Sector: Healthcare Industry: Health Information Services
|
Stock Name
|
Change
(AUD) |
Price
(AUD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| OPL Opyl Ltd |
- -% |
0.02 | - | - | 33.22 | 133.28 | 249.72 | -0.68 |
| PME Pro Medicus Ltd |
-4.52 2.18% |
202.79 | 81.98 | 106.38 | 83.13 | 43.70 | 74.38 | 95.34 |
| 4DX 4DMEDICAL Ltd |
-0.06 2.53% |
2.31 | - | - | 205.57 | 8.53 | 170.03 | -7.29 |
| CGS Cogstate Ltd |
0.12 3.30% |
3.76 | 33.80 | 27.86 | 9.59 | 6.95 | 6.35 | 19.27 |
| AYA ARTRYA Ltd |
-0.14 3.91% |
3.44 | - | - | 20505.14 | 7.00 | 16927.51 | 0.33 |
Pathkey.AI Ltd engages in the development of digital tools that enhance healthcare experience for patients in Australia. The company offers TrialKey, an AI-driven clinical trial optimization and success prediction platform, that simulate and optimize trial designs for pharmaceuticals, medical devices, alternative therapies, and novel conditions. It also provides TrialGen, an AI-powered tool streamlines clinical trial design process for biopharma, MedTech, government, and healthcare organizations. The company was formerly known as Opyl Limited and changed its name to Pathkey.AI Ltd in August 2025. Pathkey.AI Ltd was incorporated in 1994 and is based in Milsons Point, Australia.
| Name | Title | Year Born |
|---|---|---|
| Ms. Michelle Gallaher | Chief Exec. Officer | NA |
| Mr. Mark Ziirsen | Non-executive Director & CFO | 1963 |
| Mr. Damon Rasheed | Exec. Director | NA |
| Dr. Julian John Chick BSc (Hons) | Exec. Director | 1969 |
| Mr. Shane Lewis | VP of Sales & Partnerships | NA |
| Mr. Scott Sorochak | Chief Revenue Officer | NA |
| Mr. Jason Weaver | Chief Product Officer & Advisor | NA |
| Mr. David Lilja M.B.A. | Company Sec. | NA |
| Mr. Mark Ziirsen | CFO & Executive Chairman | 1963 |
| Mr. Damon Rasheed | CTO & Executive Director | NA |
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