Financial Snapshot

Revenue
$98.00K
TTM
Gross Margin
Net Earnings
-$23.81M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
179.86%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$965.0K
Q4 2024
Cash
Q4 2024
P/E
-1.277
Nov 29, 2024 EST
Free Cash Flow
-$10.18M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Revenue $12.00K $1.377M $788.7K $1.973M $822.1K $1.550K $1.012M $282.1K $91.69K $3.820K $20.00K $160.0K $190.0K $150.0K $4.560M $10.00K $250.0K $60.00K $0.00 $0.00 $0.00
YoY Change -99.13% 74.56% -60.03% 140.05% 52935.48% -99.85% 258.88% 207.61% 2300.26% -80.9% -87.5% -15.79% 26.67% -96.71% 45500.0% -96.0% 316.67%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Revenue $12.00K $1.377M $788.7K $1.973M $822.1K $1.550K $1.012M $282.1K $91.69K $3.820K $20.00K $160.0K $190.0K $150.0K $4.560M $10.00K $250.0K $60.00K $0.00 $0.00 $0.00
Cost Of Revenue $524.1K $516.5K $65.67K
Gross Profit $488.2K -$234.5K $26.02K
Gross Profit Margin 48.23% -83.12% 28.38%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Selling, General & Admin $17.07M $11.86M $10.32M $5.387M $2.641M $606.6K $3.652M $2.739M $748.5K $542.3K $860.0K $2.040M $2.260M $2.770M $450.0K $700.0K $920.0K $840.0K $170.0K $120.0K $100.0K
YoY Change 43.93% 14.92% 91.57% 104.01% 335.36% -83.39% 33.29% 265.99% 38.02% -36.94% -57.84% -9.73% -18.41% 515.56% -35.71% -23.91% 9.52% 394.12% 41.67% 20.0%
% of Gross Profit 748.04% 2876.63%
Research & Development $12.88M $9.365M $5.372M $4.750M $2.111M $736.1K $1.897M $5.790M $8.580M $910.0K $1.710M $1.080M $2.080M $220.0K $0.00
YoY Change 37.53% 74.33% 13.1% 125.03% 186.72% -67.23% -32.52% 842.86% -46.78% 58.33% -48.08% 845.45%
% of Gross Profit
Depreciation & Amortization $103.0M $131.0K $54.63K $30.86K $16.01K $16.52K $40.00K $30.00K $40.00K $40.00K $50.00K $60.00K $50.00K $10.00K $0.00 $0.00 $0.00
YoY Change 78555.98% 77.03% 92.75% -3.09% -58.7% 33.33% -25.0% 0.0% -20.0% -16.67% 20.0% 400.0%
% of Gross Profit 11.19% 61.53%
Operating Expenses $30.05M $21.36M $15.69M $10.14M $4.751M $1.343M $3.687M $2.761M $763.9K $2.488M $6.690M $10.74M $3.400M $4.680M $1.730M $2.950M $1.340M $1.120M $200.0K $130.0K $110.0K
YoY Change 40.72% 36.09% 54.81% 113.35% 253.87% -63.58% 33.53% 261.41% -69.29% -62.82% -37.71% 215.88% -27.35% 170.52% -41.36% 120.15% 19.64% 460.0% 53.85% 18.18%
Operating Profit -$30.04M -$49.67M -$3.198M -$2.995M -$737.9K
YoY Change -39.52% 6.78% 305.92%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Interest Expense $178.0K $174.0K $0.00 -$85.07K -$12.88K -$49.80K -$130.00 -$119.9K -$170.0K -$190.0K -$190.0K -$100.0K -$120.0K -$50.00K -$10.00K -$10.00K -$20.00K $0.00 $0.00
YoY Change 2.3% -100.0% 560.48% -74.14% 38207.69% -99.89% -29.49% -10.53% 0.0% 90.0% -16.67% 140.0% 400.0% 0.0% -50.0%
% of Operating Profit
Other Income/Expense, Net $11.61M $857.0K $0.00 $90.00K $200.0K $150.0K $150.0K $120.0K $150.0K $270.0K $20.00K $10.00K $10.00K
YoY Change 1254.96% -100.0% -55.0% 33.33% 0.0% 25.0% -20.0% -44.44% 1250.0% 100.0% 0.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Pretax Income -$18.43M -$19.98M -$14.90M -$8.164M -$3.929M -$1.426M -$3.211M -$21.00M -$738.1K -$2.644M -$13.40M -$13.11M -$3.400M -$4.630M $2.530M -$3.900M -$1.100M -$1.060M -$240.0K -$230.0K -$110.0K
YoY Change -7.76% 34.06% 82.57% 107.76% 175.51% -55.59% -84.71% 2744.8% -72.08% -80.27% 2.21% 285.59% -26.57% -283.0% -164.87% 254.55% 3.77% 341.67% 4.35% 109.09%
Income Tax $30.00K $0.00 $0.00 $0.00 $0.00 -$263.3K -$304.7K $0.00 -$105.7K -$1.440M -$1.060M -$270.0K $0.00 $0.00 -$30.00K $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$18.50M -$19.98M -$14.90M -$8.164M -$4.698M -$2.718M -$2.948M -$20.69M -$738.1K -$2.538M -$11.96M -$12.05M -$3.130M -$4.630M $2.530M -$3.870M -$1.100M -$1.060M -$240.0K -$230.0K -$110.0K
YoY Change -7.41% 34.06% 82.57% 73.78% 72.81% -7.79% -85.75% 2703.52% -70.92% -78.78% -0.75% 284.98% -32.4% -283.0% -165.37% 251.82% 3.77% 341.67% 4.35% 109.09%
Net Earnings / Revenue -154166.67% -1451.32% -1889.8% -413.69% -571.45% -175380.65% -291.24% -7336.06% -804.94% -66436.91% -59800.0% -7531.25% -1647.37% -3086.67% 55.48% -38700.0% -440.0% -1766.67%
Basic Earnings Per Share -$1.15 $0.38 $2.76
Diluted Earnings Per Share -$1.15 -$0.01 -$12.51K -$8.347K -$6.868K -$6.075K -$11.78K -$119.3K -$4.257K -$52.40K -$293.2K -$327.2K -$120.4K -$285.8K $144.6K -$619.2K -$220.0K -$404.6K -$125.0K -$1.353M -$1.100M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Cash & Short-Term Investments $5.858M $33.36M $37.58M $9.160M $3.640M $132.5K $261.9K $519.2K $11.18K $197.1K $400.0K $520.0K $550.0K $750.0K $1.530M $50.00K $1.130M $4.900M $80.00K $0.00 $50.00K
YoY Change -82.44% -11.23% 310.33% 151.66% 2646.49% -49.41% -49.55% 4543.92% -94.33% -50.72% -23.08% -5.45% -26.67% -50.98% 2960.0% -95.58% -76.94% 6025.0% -100.0%
Cash & Equivalents $5.858M $22.12M $37.50M $9.124M $3.603M $93.33K $228.4K $506.9K $4.580K $176.0K $400.0K
Short-Term Investments $83.96K $36.09K $36.26K $39.19K $33.53K $12.28K $6.600K $21.11K $0.00 $1.000M $0.00 $710.0K $4.040M $0.00
Other Short-Term Assets $329.0K $1.035M $83.96K $6.028M $1.510M $0.00 $40.00K $10.00K $40.00K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -68.22% 1132.94% -100.0% 300.0% -75.0%
Inventory $0.00 $183.2K $152.8K $223.1K $227.0K $58.34K $0.00 $40.00K $10.00K $20.00K $20.00K
Prepaid Expenses
Receivables $294.7K $169.1K $413.3K $97.78K $54.10K $93.17K $44.87K $8.100K $20.00K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $16.20M $34.69M $37.88M $9.329M $4.236M $383.1K $539.1K $839.4K $114.4K $6.233M $460.0K $2.060M $920.0K $1.140M $1.710M $160.0K $1.270M $4.980M $90.00K $10.00K $50.00K
YoY Change -53.29% -8.43% 306.05% 120.22% 1005.71% -28.94% -35.78% 633.81% -98.16% 1255.05% -77.67% 123.91% -19.3% -33.33% 968.75% -87.4% -74.5% 5433.33% 800.0% -80.0%
Property, Plant & Equipment $845.0K $1.187M $0.00 $85.42K $97.68K $116.7K $206.3K $0.00 $7.270M $17.28M $21.36M $17.44M $14.33M $14.48M $9.310M $1.840M $1.580M $1.350M $570.0K
YoY Change -28.84% -100.0% -12.55% -16.32% -43.43% -100.0% -57.93% -19.1% 22.48% 21.7% -1.04% 55.53% 405.98% 16.46% 17.04% 136.84%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $0.00 $20.00K $10.00K
YoY Change -100.0% 100.0%
Other Assets
YoY Change
Total Long-Term Assets $845.0K $53.90M $0.00 $0.00 $0.00 $134.8K $168.8K $160.8K $231.1K $0.00 $7.290M $17.33M $22.86M $18.94M $14.33M $14.48M $9.300M $1.840M $1.580M $1.370M $580.0K
YoY Change -98.43% -100.0% -20.12% 4.96% -30.43% -100.0% -57.93% -24.19% 20.7% 32.17% -1.04% 55.7% 405.43% 16.46% 15.33% 136.21%
Total Assets $17.05M $88.59M $37.88M $9.329M $4.236M $517.9K $707.9K $1.000M $345.5K $6.233M $7.750M $19.39M $23.78M $20.08M $16.04M $14.64M $10.57M $6.820M $1.670M $1.380M $630.0K
YoY Change
Accounts Payable $527.0K $2.707M $2.011M $755.1K $955.0K $478.8K $710.0K $771.6K $347.0K $235.8K $210.0K $260.0K $180.0K $1.200M $140.0K $130.0K $740.0K $60.00K $0.00 $0.00 $0.00
YoY Change -80.54% 34.66% 166.28% -20.94% 99.45% -32.56% -7.98% 122.37% 47.13% 12.3% -19.23% 44.44% -85.0% 757.14% 7.69% -82.43% 1133.33%
Accrued Expenses $5.008M $967.7K $709.8K $220.0K $70.00K $130.0K $210.0K $20.00K $190.0K $10.00K $10.00K $10.00K
YoY Change 417.54% 36.32% 214.29% -46.15% -38.1% 950.0% -89.47% 0.0% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $250.0K $0.00
YoY Change -100.0%
Long-Term Debt Due $170.7K $0.00 $65.00K $200.0K $0.00 $700.0K $993.8K $0.00 $1.470M $950.0K $0.00 $890.0K $40.00K $40.00K $30.00K $300.0K $0.00
YoY Change -100.0% -67.5% -100.0% -29.56% -100.0% 54.74% -100.0% 2125.0% 0.0% 33.33% -90.0%
Total Short-Term Liabilities $5.620M $3.846M $2.011M $755.1K $1.072M $935.1K $1.091M $771.6K $1.047M $5.760M $260.0K $2.040M $2.280M $2.380M $1.250M $190.0K $980.0K $120.0K $340.0K $370.0K $40.00K
YoY Change 46.14% 91.28% 166.28% -29.54% 14.6% -14.3% 41.43% -26.31% -81.82% 2115.23% -87.25% -10.53% -4.2% 90.4% 557.89% -80.61% 716.67% -64.71% -8.11% 825.0%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $397.5K $0.00 $0.00 $930.0K $0.00 $0.00 $830.0K $1.000M $6.290M $60.00K $50.00K $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0% -17.0% -84.1% 10383.33% 20.0%
Other Long-Term Liabilities $210.0K $616.1K $0.00 $4.500M $3.430M $1.490M $1.490M $1.520M $1.520M $30.00K $0.00
YoY Change -65.91% -100.0% 31.2% 130.2% 0.0% -1.97% 0.0% 4966.67%
Total Long-Term Liabilities $210.0K $616.1K $0.00 $0.00 $0.00 $0.00 $0.00 $397.5K $0.00 $0.00 $5.430M $3.430M $1.490M $2.320M $2.520M $7.810M $90.00K $50.00K $0.00 $0.00 $0.00
YoY Change -65.91% -100.0% -100.0% 58.31% 130.2% -35.78% -7.94% -67.73% 8577.78% 80.0%
Total Liabilities $5.830M $4.462M $2.011M $755.1K $1.072M $935.1K $1.091M $1.169M $1.047M $5.760M $5.680M $5.470M $3.770M $4.700M $3.760M $7.990M $1.070M $170.0K $340.0K $370.0K $40.00K
YoY Change 30.66% 121.92% 166.28% -29.54% 14.6% -14.3% -6.66% 11.66% -81.82% 1.4% 3.84% 45.09% -19.79% 25.0% -52.94% 646.73% 529.41% -50.0% -8.11% 825.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Basic Shares Outstanding 16.16M shares 15.87M shares 14.90M shares
Diluted Shares Outstanding 16.16M shares 15.38M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $30.409 Million

About Incannex Healthcare Inc.

Incannex Healthcare, Inc. is a clinical stage pharmaceutical development company, which engages in the research and development associated with medicinal cannabinoid and psychedelic pharmaceutical products and therapies. The company is headquartered in New York City, New York and currently employs 9 full-time employees. The company went IPO on 2022-03-18. The firm is developing medicinal cannabinoid pharmaceutical products and psychedelic medicine therapies for the treatment of obstructive sleep apnea (OSA), traumatic brain injury (TBI) and concussion, lung inflammation (ARDS, COPD, asthma, bronchitis), rheumatoid arthritis, inflammatory bowel disease, anxiety disorders, addiction disorders, and pain, among other indications. The Company’s diversified portfolio includes 28 distinct research and development (R&D) programs, and six clinical trials underway. Its clinical projects include IHL-42X Obstructive Sleep Apnea, IHL-675A Inflammatory Lung Disease, IHL-675A Rheumatoid Arthritis, IHL-675A Inflammatory Bowel Disease, IHL-216A Concussion and TBI, PSI-GAD Psilocybin for anxiety, MedChew GB Post-herpatic Neuralgia and MedChew -1401 Pain and Spasticity in Multiple Sclerosis.

Industry: Pharmaceutical Preparations Peers: ELI LILLY & Co