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6-K 1 ea0303798-6k_radio.htm REPORT OF FOREIGN PRIVATE ISSUER

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the Month of August 2026

 

Commission File Number: 001-41621

 

RADIOPHARM THERANOSTICS LIMITED

(Name of Registrant)

 

Level 3, 62 Lygon Street, Carlton South, Victoria, 3053, Australia

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒       Form 40-F ☐

 

 

 

 

 

RADIOPHARM THERANOSTICS LIMITED

 

EXPLANATORY NOTE

 

Radiopharm Theranostics Limited (the “Company”) published one announcement (the “Public Notice”) to the Australian Securities Exchange on August 28, 2026 titled:

 

“Appendix 4E and Preliminary Final Report”

 

A copy of the Public Notice is attached as an exhibit to this report on Form 6-K.

 

This Form 6-K, including the exhibits hereto, is incorporated by reference into the registration statement of the Company on Form F-3 (File No. 333-292178) and forms part thereof to the extent not superseded by documents or reports subsequently filed by the Company under the Securities Act of 1933 or the Securities Exchange Act of 1934. 

 

1

 

 

EXHIBITS

 

Exhibit
Number
  Description
99.1   Appendix 4E and Preliminary Final Report

 

2

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  RADIOPHARM THERANOSTICS LIMITED
     
Date: August 28, 2026 By: /s/ Amritha Sushil
    Amritha Sushil
    Company Secretary

 

3

 

EX-99.1 2 ea030379801ex99-1.htm APPENDIX 4E AND PRELIMINARY FINAL REPORT

Exhibit 99.1

 

 

 

 

 

Radiopharm Theranostics Limited
Appendix 4E
Preliminary final report

 

1. Company details

 

Name of entity: Radiopharm Theranostics Limited
ABN: 57 647 877 889
Reporting period: For the year ended 30 June 2026
Previous period: For the year ended 30 June 2025

 

2. Results for announcement to the market

 

            $  
Revenue from contracts with customers   down   23.8% to     2,767,888  
Loss from ordinary activities after tax attributable to the owners of Radiopharm Theranostics Limited    up    50.3% to     (55,149,150 )
Loss for the year attributable to the owners of Radiopharm Theranostics Limited    up    50.3% to     (55,149,150 )

 

No dividends have been paid or declared by the group for the current financial year. No dividends were paid for the previous financial year.

 

3. Explanation of results

 

The group reported a loss for the year ended 30 June 2026 of $56,950,494 (30 June 2025: $38,342,457). The increase in loss in the current year compared to prior year is mainly attributable to higher research and development expenditures incurred during the year to advance and broaden the developmental phases of ongoing clinical studies.

 

The group's net assets for the year ended 30 June 2026 decreased to $22,323,683 (30 June 2025: $42,871,904). Net assets decreased primarily due to a decrease in cash balances attributable to higher investment in research and development activities during the financial year. As at 30 June 2026, the group had cash reserves of $4,138,074 (30 June 2025: $29,116,835).

 

The Appendix 4E financial report follows, with the further details to be included in the audited financial statements is expected to be released by 30 September 2026.

 

4. Net tangible assets per security

 

    30 June
2026
Cents
    30 June
2025
Cents
 
Net tangible assets per ordinary security     (0.45 )     (0.16 )

 

5. Changes in controlled entities

 

During the year ended 30 June 2026, Radiopharm Theranostics increased its ownership in Radiopharm Ventures, LLC, a joint venture created with The University of Texas M.D. Anderson Cancer Center (MDACC) from 75% to 87.5%.

 

There have been no other changes in controlled entities during the year ended 30 June 2026.

 

 

 

 

Radiopharm Theranostics Limited
Appendix 4E
Preliminary final report

 

6. Other information required by Listing Rule 4.3A

 

a. Details of individual and total dividends or distributions and dividend or distribution payments: N/A
b. Details of any dividend or distribution reinvestment plans: N/A
c. Details of associates and joint venture entities:

 

        Ownership interest 
held by the group
 
Name of entity   Place of business / country of
incorporation
  2026     2025  
        %     %  
 Radiopharm Ventures LLC    United States     87.5       75  

 

On 9 July 2022, Radiopharm Theranostics (USA) Inc. and The University of Texas MD Anderson Cancer Center formed Radiopharm Ventures, LLC, a joint venture to develop novel radiopharmaceutical therapeutic products for cancer. The joint venture continues to focus on developing products based on MD Anderson intellectual property. On 26 August 2024, Radiopharm announced they had increased their ownership in Radiopharm Ventures from 51% to 75%. During the year ended 30 June 2026, Radiopharm Theranostics increased its ownership in Radiopharm Ventures, LLC, from 75% to 87.5%.

 

d. Other information: N/A

 

7. Audit

 

The financial statements are currently in the process of being audited. Audited financial statements along with the independent auditor report for the year ended 30 June 2026 is expected to be released by the end of September 2026 with a material uncertainty in relation to going concern.

 

 

 

 

 

Radiopharm Theranostics Limited

ABN 57 647 877 889

 

 

Preliminary Final Report - 30 June 2026

 

 

 

 

Radiopharm Theranostics Limited
Contents
30 June 2026

 

Statement of profit or loss and other comprehensive income   2
Statement of financial position   3
Statement of changes in equity   4
Statement of cash flows   6
Notes to the financial statements   7

 

General information

 

The financial statements cover Radiopharm Theranostics Limited as a consolidated entity consisting of Radiopharm Theranostics Limited and the entities it controlled at the end of, or during, the year. The financial statements are presented in Australian dollars, which is Radiopharm Theranostics Limited's functional and presentation currency.

 

Radiopharm Theranostics Limited is a listed public company limited by shares, incorporated and domiciled in Australia. Its registered office and principal place of business is:

 

Level 3, 62 Lygon Street, Carlton VIC 3053

 

1

 

 

Radiopharm Theranostics Limited
Statement of profit or loss and other comprehensive income
For the year ended 30 June 2026

 

        Consolidated  
        30 June     30 June  
    Note   2026     2025  
        $     $  
                 
Revenue                
Revenue from contracts with customers   2     2,767,888       3,633,422  
Cost of sales         (2,504,499 )     (3,594,146 )
                     
Gross profit         263,389       39,276  
                     
Other income and expense items         10,734,382       10,256,740  
Other losses         (868,162 )     (351,646 )
                     
Expenses                    
General and administrative expenses   3     (16,215,702 )     (14,638,013 )
Research and development expenses   4     (49,962,899 )     (27,515,194 )
Share-based payments expenses         (2,405,955 )     (1,895,348 )
Movement in contingent consideration         1,671,289       (4,069,680 )
                     
Operating loss         (56,783,658 )     (38,173,865 )
                     
Finance expenses         (112,396 )     (65,300 )
                     
Loss before income tax expense         (56,896,054 )     (38,239,165 )
                     
Income tax expense         (54,440 )     (103,292 )
                     
Loss after income tax expense for the year         (56,950,494 )     (38,342,457 )
                     
Other comprehensive income                    
                     
Items that may be reclassified subsequently to profit or loss                    
Exchange differences on translation of foreign operations         621,440       464,034  
                     
Other comprehensive income for the year, net of tax         621,440       464,034  
                     
Total comprehensive loss for the year         (56,329,054 )     (37,878,423 )
                     
Loss for the year is attributable to:                    
Non-controlling interest         (1,801,344 )     (1,639,368 )
Owners of Radiopharm Theranostics Limited         (55,149,150 )     (36,703,089 )
                     
          (56,950,494 )     (38,342,457 )
                     
Total comprehensive loss for the year is attributable to:                    
Non-controlling interest         (1,801,344 )     (1,639,368 )
Owners of Radiopharm Theranostics Limited         (54,527,710 )     (36,239,055 )
                     
          (56,329,054 )     (37,878,423 )

 

    Cents     Cents  
Loss per share for loss attributable to the ordinary equity holders of the group:                
                 
Basic and diluted loss per share     (1.79 )     (1.76 )

 

The above statement of profit or loss and other comprehensive income should be read in conjunction with the accompanying notes

 

2

 

 

Radiopharm Theranostics Limited
Statement of financial position
As at 30 June 2026

 

        Consolidated  
        30 June     30 June  
    Note   2026     2025  
        $     $  
                 
Assets                
                 
Current assets                
Cash and cash equivalents   5     4,138,074       29,116,835  
Trade and other receivables   6     17,447,428       10,400,060  
Other current assets         340,194       337,093  
Total current assets         21,925,696       39,853,988  
                     
Non-current assets                    
Property, plant and equipment         46,136       53,466  
Intangible assets         38,161,747       46,574,422  
Total non-current assets         38,207,883       46,627,888  
                     
Total assets         60,133,579       86,481,876  
                     
Liabilities                    
                     
Current liabilities                    
Trade and other payables   7     10,531,800       9,340,993  
Other financial liabilities   8     6,860,850       3,421,337  
Employee benefits         697,907       450,104  
Deferred revenue         806,410       1,720,551  
Total current liabilities         18,896,967       14,932,985  
                     
Non-current liabilities                    
Other financial liabilities   8     18,912,929       28,676,987  
Total non-current liabilities         18,912,929       28,676,987  
                     
Total liabilities         37,809,896       43,609,972  
                     
Net assets         22,323,683       42,871,904  
                     
Equity                    
Share capital   9     209,933,371       176,558,493  
Other equity         -       849,544  
Other reserves         14,414,155       13,116,919  
Accumulated losses         (199,660,317 )     (145,732,952 )
Non-controlling interest         (2,363,526 )     (1,920,100 )
                     
Total equity         22,323,683       42,871,904  

 

The above statement of financial position should be read in conjunction with the accompanying notes

 

3

 

 

Radiopharm Theranostics Limited
Statement of changes in equity
For the year ended 30 June 2026

 

    Attributable to owners of Radiopharm Theranostics Limited        
Consolidated  

Share
Capital

   

Other
equity

   

Other

reserves

   

Accumulated
losses

   

Non-controlling
interest

   

Total
equity

 
    $     $     $     $     $     $  
                                     
Balance at 1 July 2024     100,681,716       849,544       37,930,072       (111,338,770 )     (769,276 )     27,353,286  
                                                 
Loss after income tax expense for the year     -       -       -       (36,703,089 )     (1,639,368 )     (38,342,457 )
Other comprehensive income for the year, net of tax     -       -       464,034       -       -       464,034  
                                                 
Total comprehensive income for the year     -       -       464,034       (36,703,089 )     (1,639,368 )     (37,878,423 )
                                                 
Transactions with owners in their capacity as owners: Contributions of equity, net of transaction costs(note 9)     74,915,537       -       (23,885,229 )     -       -       51,030,308  
Issue of options     -       -       2,157,778       -       -       2,157,778  
Issue of shares for milestone completion     741,400       -       -       -       -       741,400  
Equity-settled payments     219,840       -       (231,115 )     -       -       (11,275 )
Expiration of options     -       -       (2,797,451 )     2,797,451       -       -  
Forfeiture of options     -       -       (221,170 )     -       -       (221,170 )
Cancellation of shares to be issued     -       -       (300,000 )     -       -       (300,000 )
Increase in ownership in RAD Ventures     -       -       -       (488,544 )     488,544       -  
      -       -       -       -       -       -  

 

Balance at 30 June 2025

    176,558,493       849,544       13,116,919       (145,732,952 )     (1,920,100 )     42,871,904  

 

The above statement of changes in equity should be read in conjunction with the accompanying notes

 

4

 

 

Radiopharm Theranostics Limited
Statement of changes in equity
For the year ended 30 June 2026

 

    Attributable to owners of Radiopharm Theranostics Limited        
Consolidated  

Share
Capital

   

Other
equity

   

Other

reserves

   

Accumulated
losses

   

Non-controlling
interest

   

Total
equity

 
    $     $     $     $     $     $  
                                     
Balance at 1 July 2025     176,558,493       849,544       13,116,919       (145,732,952 )     (1,920,100 )     42,871,904  
                                                 
Loss after income tax expense for the year     -       -       -       (55,149,150 )     (1,801,344 )     (56,950,494 )
Other comprehensive income for the year, net of tax     -       -       621,440       -       -       621,440  
                                                 
Total comprehensive income for the year     -       -       621,440       (55,149,150 )     (1,801,344 )     (56,329,054 )
                                                 
Transactions with owners in their capacity as owners: Contributions of equity, net of transaction costs (note 9)     33,374,878       -       -       -       -       33,374,878  
Issue of options     -       -       2,740,119       -       -       2,740,119  
Expiration of options     -       -       (1,730,159 )     1,730,159       -       -  
Forfeiture of options     -       -       (334,164 )     -       -       (334,164 )
Increase in ownership in RAD Ventures     -       -       -       (1,357,918 )     1,357,918       -  
Derecognition of Pharma15     -       (849,544 )     -       849,544       -       -  
                                                 
Balance at 30 June 2026     209,933,371       -       14,414,155       (199,660,317 )     (2,363,526 )     22,323,683  

 

The above statement of changes in equity should be read in conjunction with the accompanying notes

 

5

 

 

Radiopharm Theranostics Limited
Statement of cash flows
For the year ended 30 June 2026

 

        Consolidated  
    Note  

30 June
2026

   

30 June
2025

 
        $     $  
Cash flows from operating activities                
Receipts from customers (inclusive of GST)         536,384       5,353,973  
Payments to suppliers and employees (inclusive of GST)         (58,353,869 )     (42,799,759 )
Interest received         549,213       800,309  
Research and development tax incentive received         4,485,434       -  
                     
Net cash used in operating activities         (52,782,838 )     (36,645,477 )
                     
Cash flows from investing activities                    
Receipts for sale of intellectual property         -       2,997,592  
Payments of license fee liabilities         (5,420,869 )     (1,226,994 )
                     
Net cash from/(used in) investing activities         (5,420,869 )     1,770,598  
                     
Cash flows from financing activities                    
Proceeds from issue of shares   9     35,378,000       53,977,902  
Share issue transaction costs         (2,003,122 )     (4,738,000 )
Repayment of borrowings         -       (1,900,000 )
Transaction costs related to loans and borrowings         -       (218,633 )
Settlement with Lind         -       (1,689,721 )
                     
Net cash from financing activities         33,374,878       45,431,548  
                     
Net (decrease)/increase in cash and cash equivalents         (24,828,829 )     10,556,669  
Cash and cash equivalents at the beginning of the financial year         29,116,835       18,575,040  
Effects of exchange rate changes on cash and cash equivalents         (149,932 )     (14,874 )
                     
Cash and cash equivalents at the end of the financial year   5     4,138,074       29,116,835  

 

The above statement of cash flows should be read in conjunction with the accompanying notes

 

6

 

 

Radiopharm Theranostics Limited
Notes to the financial statements
30 June 2026

 

Note 1. Segment information

 

Management has determined based on the reports reviewed by the Chief Operating Decision Maker (CODM) that are used to make strategic decisions, that the group has one reportable segment being the research, development and commercialisation of health technologies. As such, the financial information presented in the body of the financial report represents the results of the Group's sole operating segment. The CODM continues to monitor and review the appropriateness of this segment determination on a regular basis.

 

Note 2. Revenue from contract with customers

 

    30 June     30 June  
    2026     2025  
    $     $  
Revenue from contract with customers            
Revenue recognised over time     2,767,888       3,633,422  
Total revenue from continuing operations     2,767,888       3,633,422  

 

During the period ended 30 June 2025, the group entered into a strategic development services contract with Lantheus to advance clinical development of innovative radiopharmaceuticals in Australia.

 

Note 3. General and administrative expenses

 

    30 June     30 June  
    2026     2025  
    $     $  
Accounting and audit     949,683       957,895  
Consulting     406,564       286,138  
Depreciation     7,331       7,331  
Employee benefits     11,186,055       10,120,149  
Insurance     341,658       105,762  
Investor relations     472,262       313,671  
Legal     631,909       656,036  
Listing and share registry     188,341       190,795  
Patent costs     244,529       205,017  
Travel and entertainment     864,801       808,546  
Other     922,569       986,673  
      16,215,702       14,638,013  

 

7

 

 

Radiopharm Theranostics Limited
Notes to the financial statements
30 June 2026

 

Note 4. Research and development expenses

 

    30 June     30 June  
    2026     2025  
    $     $  
Amortisation     2,698,702       2,588,306  
AVb6 Integrin (TRIMT)     918,221       1,876,983  
Consulting Fees R&D     1,324,355       930,292  
hu PSA Anti-body (Diaprost)     7,011,056       2,925,445  
Impairment losses     5,266,823       -  
R&D Ventures     11,040,742       5,989,964  
NanoMab     15,070,282       7,185,000  
Neoindicate     351,529       437,400  
Pivalate - Imperial     6,153,044       5,184,136  
UCLA     -       226,063  
Other     128,145       171,605  
      49,962,899       27,515,194  

 

The categories shown here align with the intellectual property held by the group and represents the amount of R&D expended on developing the respective intellectual property.

 

Note 5. Cash and cash equivalents

 

    Consolidated  
    30 June     30 June  
    2026     2025  
    $     $  
Current assets            
Cash at bank     4,138,074       29,116,835  
      4,138,074       29,116,835  

 

(i) Reconciliation to cash flow statement

 

The above figures reconcile to the amount of cash shown in the consolidated statement of cash flows at the end of the financial year and period, respectively, as follows:

 

    30 June     30 June  
    2026     2025  
    $     $  
Balance as above     4,138,074       29,116,835  
Balance per statement of cash flows     4,138,074       29,116,835  

 

(ii) Classification as cash equivalents

 

Term deposits are presented as cash equivalents if they have a maturity of three months or less from the date of acquisition and are repayable with 24 hours notice with no loss of interest.

 

(iii) Risk exposure

 

The maximum exposure to credit risk at the end of the reporting year is the carrying amount of each class of cash and cash equivalents mentioned above.

 

8

 

 

Radiopharm Theranostics Limited
Notes to the financial statements
30 June 2026

 

Note 6. Trade and other receivables

 

          30 June                 30 June        
          2026                 2025        
    Current     Non-current     Total     Current     Non-current     Total  
    $     $     $     $     $     $  
Trade receivables     1,227,040             -       1,227,040       -             -       -  
Accrued receivables(i)     15,877,895       -       15,877,895       10,171,532       -       10,171,532  
GST and other receivables     342,493       -       342,493       228,528       -       228,528  
      17,447,428       -       17,447,428       10,400,060       -       10,400,060  

 

(i) Accrued receivables

 

Accrued receivables comprise $15,877,895 from the Australian Taxation Office in relation to the R&D tax incentive (30 June 2025: $10,171,532). Subsequent to year-end, Radiopharm received $5,780,657 relating to the accrued income recognised at 30 June 2025. This receipt represents the settlement of the outstanding balance and has been recorded as cash in the following financial year.

 

Note 7. Trade and other payables

 

          30 June
2026
                30 June
2025
       
    Current     Non-current     Total     Current     Non-current     Total  
    $     $     $     $     $     $  
Trade payables     5,466,476             -       5,466,476       6,347,397             -       6,347,397  
Accrued expenses     4,836,856       -       4,836,856       2,750,662       -       2,750,662  
Other payables     228,468       -       228,468       242,934       -       242,934  
      10,531,800       -       10,531,800       9,340,993       -       9,340,993  

 

Note 8. Other financial liabilities

 

          30 June
2026
                30 June
2025
       
    Current     Non-current     Total     Current     Non-current     Total  
    $     $     $     $     $     $  
Diaprost contingent consideration     1,979,902       6,916,482       8,896,384       1,328,087       8,841,829       10,169,916  
NanoMab contingent consideration*     4,502,764       1,050,443       5,553,207       1,832,833       4,899,858       6,732,691  
NeoIndicate contingent
consideration
    -       -       -       -       1,870,454       1,870,454  
Pivalate contingent consideration     378,184       1,646,950       2,025,134       225,245       1,933,981       2,159,226  
Pharma15 contingent consideration     -       -       -       -       1,134,164       1,134,164  
TRIMT contingent consideration     -       7,758,256       7,758,256       -       8,423,667       8,423,667  
MD Anderson contingent consideration     -       1,540,798       1,540,798       35,172       1,573,034       1,608,206  
      6,860,850       18,912,929       25,773,779       3,421,337       28,676,987       32,098,324  

 

* Payment to be made in the form of ordinary shares in the company, based on the price of the 7 day volume weighted average price (VWAP) prior to the announcement of the milestone on the ASX.

 

9

 

 

Radiopharm Theranostics Limited
Notes to the financial statements
30 June 2026

 

Note 9. Share capital

 

    30 June     30 June     30 June     30 June  
    2026     2025     2026     2025  
    Shares     Shares     $     $  
Ordinary Shares                        
Ordinary Shares Fully paid     3,544,216,160       2,364,949,502       209,933,371       176,558,493  

 

(i) Movements in ordinary shares: 

 

    Number of     Total  
Details   Shares     $  
Balance at 1 July 2024     460,367,051       100,681,716  
Issue of ordinary shares at $0.040 pursuant to issue of securities (2024-07-01)     597,130,727       23,885,229  
Issue of ordinary shares at $0.040 pursuant to Tranche 2 placement shares (2024-08-21)     858,056,603       34,322,264  
Issue of ordinary shares at $0.040 pursuant to Tranche 2 placement shares (2024-08-21)     14,031,195       561,248  
Issue of ordinary shares at $0.050 pursuant to Lantheus investment (2024-08-23)     149,625,180       7,481,259  
Issue of ordinary shares at $0.040 pursuant to issue of placement shares (2024-09-13)     93,750,000       3,750,000  
Issue of ordinary shares at $0.036 for the achievement of a milestone (2024-12-13)     20,594,438       741,400  
Issue of ordinary shares at $0.036 pursuant to forfeiture shares (2024-12-16)     7,091,615       219,840  
Issue of ordinary shares at $0.060 pursuant to issue of placement shares to Lantheus (2025-01-20)     133,333,333       8,000,000  
Issue of ordinary shares at $0.025 for the achievement of a milestone (2025-06-12)     30,969,360       774,234  
Less: Transaction costs arising on share issues     -       (3,858,697 )
Balance at 30 June 2025     2,364,949,502       176,558,493  
                 
Balance at 1 July 2025     2,364,949,502       176,558,493  
Issue of ordinary shares at $0.030 pursuant to issue of securities (2025-10-24)     415,706,190       12,471,186  
Issue of ordinary shares at $0.030 pursuant to issue of securities (2025-12-05)     12,599,991       378,000  
Issue of ordinary shares at $0.030 pursuant to issue of securities (2025-12-09)     750,960,477       22,528,814  
Less: Transaction costs arising on share issues     -       (2,003,122 )
Balance at 30 June 2026     3,544,216,160       209,933,371  

 

Note 10. Events after the reporting period

 

On July 24, 2026, the Company announced an A$12.5 million institutional offer and launched A$6 million Share Purchase Plan. The institutional offer comprises of two-tranche placement of approximately 448,839,531 new fully paid ordinary shares at A$0.015 per New Share to an Australian international institutional and sophisticated investors; and 384,493,800 underlying ordinary shares at US$3.16 per ADS to a US Direct Registration Offering. The Share Purchase Plan offer closes on 10 September 2026.

 

No other matter or circumstance has arisen since 30 June 2026 that has significantly affected, or may significantly affect the consolidated entity's operations, the results of those operations, or the consolidated entity's state of affairs in future financial years.

 

10