WinstonWınston
Plus Therapeutics logo

Plus Therapeutics

PSTV
19
Biotechnology · Healthcare
Price
$3.74
-0.16 (-4.10%)
Market Cap
$9.0M
Exchange
NASDAQ Capital Market
Winston Score
19
Winston is worried
Weak fundamentals across most pillars.

Share count rising — dilution

+9653734.9% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 32.238 (2021) → 3.1M (2025)

Plus Therapeutics is a small biotech company focused on developing cancer treatments. It specializes in radiotherapeutics — drugs that deliver targeted radiation directly to tumor cells. Its main focus is on treating brain tumors and other hard-to-treat cancers. The company is working on treatments for patients who have few other options.

Plus Therapeutics earns almost no revenue today and operates at a significant loss, which is normal for early-stage drug developers. It is based in Austin, Texas, and has a very small market cap, making it a micro-cap biotech. The company's pipeline depends entirely on clinical trials succeeding and eventually winning FDA approval — without that, it has no path to commercial revenue. The biggest risk is that drug development is expensive, slow, and most experimental treatments never reach the market, meaning the company may need to raise more cash to survive.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-2.9% YoY

YoY Growth Rate

Revenue declining

EPS Growth

+100.0% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$8M/ year

Declining (-21% vs prior year)

160.7% of revenue

8.9x the sector average (18%)

R&D spend declining — could signal cost-cutting or efficiency

Insider Activity

0.2%ownership

Relatively low insider ownership

Cash Runway

~1 months

$3M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Short runway — potential dilution ahead through share issuance

Cash watch

Plus Therapeutics has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
89.4%
Premium pricing power — 89.4% gross margin
Operating Margin
-692.5%
Losing money on operations — -692.5%
ROCE
-56.4%
Weak — -56.4% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY
-0.5%
Shrinking sales (-0.5% YoY)
EPS YoY
N/A
Data not available
EPS Consistency
2/8 quarters
Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion
N/A
Data not available
FCF Margin
-419.2%
Burning cash (-419.2%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity
0.06
Conservative — low debt load (0.06)
Interest Cover
N/A
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial