Immutep Limited logo

Immutep Limited

IMMP

NASDAQHealthcareBiotechnology

Previous close

$0.3861

−$0.005 · -1.28%

Aug 21, 4:00 PM ET

IMMP company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

56

Fair Value

Momentum

25

Weakening

Sentiment

40

Bearish

Risk resilience

21

High Risk

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Company profile

Company website

Immutep Limited, a biotechnology company, engages in developing novel Lymphocyte Activation Gene-3 related immunotherapies for cancer and autoimmune diseases in Australia. Its lead product candidate is the eftilagimod alfa (efti or IMP321), a soluble LAG-3lg fusion based on LAG-3 immune control mechanism for the treatment of different types of cancers. The company's product pipeline also includes TACTI-004, which is in phase III clinical trial for the treatment of first line non-small cell lung cancer (1L NSCLC); TACTI-003, which is in phase IIb clinical trial to treat first line head and neck squamous cell carcinoma (HNSCC); INSIGHT-005 which is in phase I for metastatic urothelial carcinoma; TACTI-002, which in phase II trial for the treatment NSCLC and HNSCC; AIPAC-003, which is in phase II/III clinical trial to treat metatastic breast cancer; and EFTISARC-NEO, which is in phase II clinical trial for the treatment of soft tissue sarcoma. It also develops INSIGHT-003, which is in phase I trial 1L non squamous NSCL; INSIGHT-005 that is in phase I to treat metastatic urothelial cancer; IMP761, which is in phase I Trial to treat autoimmune disease; IMP731 for oncology and autoimmune diseases; and LAG525. Immutep has collaboration with Merck & Co., Inc., EOC Pharma, Novartis, and Laboratory Corporation of America Holdings. The company was formerly known as Prima BioMed Ltd and changed its name to Immutep Limited in November 2017. The company was incorporated in 1987 and is based in Sydney, Australia.

Industry
Biotechnology
Sector
Healthcare
Headquarters
AU
CEO
Marc Voigt
Listed since
Apr 19, 2012
Employees
53

Market position

Day range

Current $0.3861

52-week range

Current $0.3861

Open
$0.40
Previous close
$0.3911
Volume
113.89K
0.18× average
Average volume
627.13K
Average daily volume
Market cap
56.9M USD
Beta
2.29
Market reference 1
50-day average
$0.3972
-2.79% below average
200-day average
$1.3539
-71.48% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
296.98M AUD
P/E (TTM)
-0.91×
P/B (TTM)
0.77×
P/S (TTM)
12.82×
EV / EBITDA
-4.72×
Earnings yield
-16.94%
Free cash flow yield
-17.12%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
-522.59%
Operating margin
-2052.18%
Net margin
-1404.13%
Return on equity
-42.77%
Return on assets
-39.13%
Return on invested capital
-86.87%

Financial health

Debt / equity
0.02×
Current ratio
11.69×
Altman Z-score
-5.81
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends2037%-5947%-13932%-21916%Gross margin, FY2021: -346.22%Gross margin, FY2022: -1111.18%Gross margin, FY2023: 41.19%Gross margin, FY2024: -981.42%Gross margin, FY2025: -1117.55%Operating margin, FY2021: -820.05%Operating margin, FY2022: -19920.03%Operating margin, FY2023: -2216.05%Operating margin, FY2024: -2293.26%Operating margin, FY2025: -2506.49%Net margin, FY2021: -774.12%Net margin, FY2022: -18906.51%Net margin, FY2023: -1138.04%Net margin, FY2024: -1111.87%Net margin, FY2025: -1218.02%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 -346.22%. Gross margin FY2022 -1111.18%. Gross margin FY2023 41.19%. Gross margin FY2024 -981.42%. Gross margin FY2025 -1117.55%. Operating margin FY2021 -820.05%. Operating margin FY2022 -19920.03%. Operating margin FY2023 -2216.05%. Operating margin FY2024 -2293.26%. Operating margin FY2025 -2506.49%. Net margin FY2021 -774.12%. Net margin FY2022 -18906.51%. Net margin FY2023 -1138.04%. Net margin FY2024 -1111.87%. Net margin FY2025 -1218.02%.

Income trends

Revenue

5.04M AUD+31.28%

Operating income

−126.42M AUD-43.49%

Net income

−61.43M AUD-43.82%
Income trends across reported periods18.19M AUD−34.4M AUD−86.98M AUD−139.57M AUDRevenue, FY2021: 3.86M AUDRevenue, FY2022: 170.37K AUDRevenue, FY2023: 3.51M AUDRevenue, FY2024: 3.84M AUDRevenue, FY2025: 5.04M AUDOperating income, FY2021: −31.68M AUDOperating income, FY2022: −33.94M AUDOperating income, FY2023: −77.69M AUDOperating income, FY2024: −88.1M AUDOperating income, FY2025: −126.42M AUDNet income, FY2021: −29.9M AUDNet income, FY2022: −32.21M AUDNet income, FY2023: −39.9M AUDNet income, FY2024: −42.72M AUDNet income, FY2025: −61.43M AUDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.86M AUD. Revenue FY2022 170.37K AUD. Revenue FY2023 3.51M AUD. Revenue FY2024 3.84M AUD. Revenue FY2025 5.04M AUD. Operating income FY2021 −31.68M AUD. Operating income FY2022 −33.94M AUD. Operating income FY2023 −77.69M AUD. Operating income FY2024 −88.1M AUD. Operating income FY2025 −126.42M AUD. Net income FY2021 −29.9M AUD. Net income FY2022 −32.21M AUD. Net income FY2023 −39.9M AUD. Net income FY2024 −42.72M AUD. Net income FY2025 −61.43M AUD.
Metric (AUD)FY2025FY2024FY2023FY2022FY2021
Revenue5.04M AUD3.84M AUD3.51M AUD170.37K AUD3.86M AUD
Cost of goods sold61.41M AUD41.55M AUD2.06M AUD2.06M AUD17.24M AUD
Gross profit−56.37M AUD−37.7M AUD1.44M AUD−1.89M AUD−13.37M AUD
Research and development61.41M AUD41.55M AUD28.79M AUD31.34M AUD17.24M AUD
Selling, general, and administrative8.64M AUD8.85M AUD14.08M AUD7.21M AUD6.28M AUD
Operating expenses70.06M AUD50.4M AUD44.94M AUD32.55M AUD18.3M AUD
Interest income5.25M AUD3.88M AUD939K AUD224.52K AUD105.33K AUD
Interest expense24.01K AUD30.59K AUD20.4K AUD92.43K AUD9.83K AUD
Depreciation and amortization2.13M AUD2.01M AUD1.86M AUD1.84M AUD1.89M AUD
Operating income−126.42M AUD−88.1M AUD−77.69M AUD−33.94M AUD−31.68M AUD
Net income−61.43M AUD−42.72M AUD−39.9M AUD−32.21M AUD−29.9M AUD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 4 misses, 0 met estimates
Average EPS surprise
+23.65%
11 comparable reports
Latest EPS result
-0.22
Estimate -0.2 · Miss by 9.90%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.02-0.1-0.18-0.26Q1 '23MissQ1 '24BeatQ2 '24BeatQ3 '24BeatQ1 '25BeatQ3 '25MissQ1 '26MissQ3 '26Estimate
Q1 2023, reported Feb 24, 2023: actual -0.155, estimate -0.121, surprise -27.82%, Miss. Q1 2024, reported Feb 27, 2024: actual -0.115, estimate -0.133, surprise +13.40%, Beat. Q2 2024, reported Apr 29, 2024: actual -0.121, estimate -0.125, surprise +3.43%, Beat. Q3 2024, reported Aug 29, 2024: actual -0.121, estimate -0.125, surprise +3.13%, Beat. Q1 2025, reported Feb 26, 2025: actual -0.096, estimate -0.136, surprise +29.18%, Beat. Q3 2025, reported Aug 28, 2025: actual -0.197, estimate -0.186, surprise -5.69%, Miss. Q1 2026, reported Feb 24, 2026: actual -0.217, estimate -0.197, surprise -9.90%, Miss. Q3 2026, reported Sep 2, 2026: actual —, estimate -0.026, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates12.61M8.6M4.6M592.44KQ1 '23No estimateQ1 '24BeatQ2 '24MissQ3 '24MissQ1 '25BeatQ3 '25MissQ1 '26MissQ3 '26Estimate
Q1 2023, reported Feb 24, 2023: actual 1.74M USD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Feb 27, 2024: actual 2.67M USD, estimate 1.85M USD, surprise +44.63%, Beat. Q2 2024, reported Apr 29, 2024: actual 1.44M USD, estimate 1.82M USD, surprise -21.16%, Miss. Q3 2024, reported Aug 29, 2024: actual 1.19M USD, estimate 1.83M USD, surprise -34.64%, Miss. Q1 2025, reported Feb 26, 2025: actual 4.55M USD, estimate 696.99K USD, surprise +553.12%, Beat. Q3 2025, reported Aug 28, 2025: actual 915.11K USD, estimate 1.29M USD, surprise -28.90%, Miss. Q1 2026, reported Feb 24, 2026: actual 5.5M USD, estimate 9.4M USD, surprise -41.49%, Miss. Q3 2026, reported Sep 2, 2026: actual —, estimate 11.72M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$4.25

1000.75% upside
Past 12 months12-month forecastHigh $5.00Average $4.25Low $3.50

Rating distribution

4 ratings

Limited analyst sample: 4 ratings. Interpret the distribution with caution.

Strong buy00%
Buy250%
Hold250%
Sell00%
Strong sell00%

Recent analyst actions

3 institutions
Maxim GroupupgradeHoldBuy
CitizensdowngradeMarket OutperformMarket Perform

IMMP news

Corporate actions

Corporate action history

Stock split

Effective Nov 7, 2019

1:10

Stock split

Effective Jul 15, 2019

1,011:1,000

Stock split

Effective Dec 28, 2016

3:10

IMMP peers

ETFs holding IMMP

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