Racura Oncology
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Racura Oncology (RAC) investor relations material

Racura Oncology Q1 2027 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Racura Oncology Limited
Q1 2027 TU earnings summary21 Oct, 2026

Executive summary

  • Clinical programs advanced: HARNESS-1 and CPACS cleared their first dose cohorts without dose-limiting toxicities; cash was $30.7m at quarter end.

  • Management expects the cash balance to fund committed activities into mid-CY2028.

Financial highlights

  • Cash and cash equivalents were $30.735m at 30 September 2026, down from $34.290m at the prior quarter end.

  • Net operating cash outflow was $3.542m; interest received was $496k and government grants and tax incentives were $115k.

  • FY2025 R&D Tax Incentive refunds totalled $2.905m, including a further $117,875 refund for eligible overseas R&D.

Outlook and guidance

  • Cash was estimated to provide 8.68 quarters of funding; management expects funding for committed activities into mid-CY2028.

  • After quarter end, HARNESS-1 was cleared to escalate RC220 to 100 mg/m²; CPACS progressed to its next dose level.

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Frequently asked questions

Race Oncology Limited is an Australian-based pharmaceutical company focused on the development and commercialization of oncology therapies. The company is dedicated to researching and advancing treatments for cancer, particularly through its drug discovery and development programs. Race Oncology employs precision medicine approaches and targets specific cancer-related pathways to address unmet needs in cancer care. The company is headquartered in Sydney, Australia, and its shares are listed on the ASX.