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InMed Pharmaceuticals Inc

inmedpharma.com

What Do They Do?

Develops proprietary small-molecule drug candidates targeting Alzheimer’s disease, dry age-related macular degeneration and epidermolysis bullosa.

How Do They Make Money?

FY2025 revenue

Do Revenues Turn Into Profits?

No. It lost $8.2M in FY2025.

Operating income, FY2025
−137% of revenue
▼ −17% (Loss) vs FY2024 (−$8.2M, −178%)
Net income, FY2025
−166% of revenue
▲ +6% (Loss) vs FY2024 (−$7.7M, −167%)

How Are They Changing?

Since the FY2026 annual report
  • Sep 16, 2026 Nasdaq notified InMed that its equity fell below the continued-listing requirement The notice does not immediately affect trading; InMed expects the Mentari merger to close in the fourth quarter of 2026, subject to shareholder approval.

Growing. Revenue grew 4.5x in 3 years, from $1.1M in FY2022 to $4.9M in FY2025, about 66% a year.

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