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Edesa Biotech Reports Fiscal 2nd Quarter 2025 Results
Wed 14 May 25, 08:15 PMEdesa Biotech to Participate in Bloom Burton Healthcare Investor Conference
Mon 28 Apr 25, 08:30 PMEdesa Biotech Announces Chief Financial Officer Transition
Fri 04 Apr 25, 08:15 PMEdesa Biotech Reports Fiscal 1st Quarter 2025 Results
Fri 14 Feb 25, 09:15 PMEdesa Biotech Announces $15.0 Million Private Placement Priced At-the-Market Under Nasdaq Rules
Thu 13 Feb 25, 12:00 PM| Breakdown | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
| Income before tax | -7.18472M | -6.16925M | -8.37361M | -17.54812M | -13.34235M |
| Minority interest | - | - | - | - | - |
| Net income | -7.18552M | -6.17005M | -8.37442M | -17.54892M | -13.34315M |
| Selling general administrative | 4.24M | 4.13M | 4.43M | 5.04M | 5.73M |
| Selling and marketing expenses | - | - | 0.18M | - | - |
| Gross profit | -0.11927M | -0.18605M | -0.18347M | -0.11819M | -0.11879M |
| Reconciled depreciation | 0.12M | 0.19M | 0.18M | 0.12M | 0.12M |
| Ebit | -7.18472M | -6.16925M | -9.22276M | -18.37079M | -23.68133M |
| Ebitda | -7.06545M | -5.98320M | -9.22276M | -17.59053M | -13.34049M |
| Depreciation and amortization | 0.12M | 0.19M | 0.18M | 0.78M | 10.34M |
| Non operating income net other | - | - | - | - | - |
| Operating income | -7.91157M | -7.01474M | -9.22276M | -18.37079M | -23.68133M |
| Other operating expenses | 7.91M | 7.01M | 9.22M | 17.59M | 13.34M |
| Interest expense | - | - | - | 0.82M | 0.12M |
| Tax provision | 0.00080M | 0.00080M | 0.00080M | 0.00080M | 0.00080M |
| Interest income | 0.00256M | 0.15M | 0.29M | 0.06M | 0.01M |
| Net interest income | 0.00256M | 0.15M | 0.29M | 0.06M | 0.01M |
| Extraordinary items | - | - | - | - | - |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | 0.00080M | 0.00080M | 0.00080M | 0.00080M | 0.00080M |
| Total revenue | 0.00000M | 0.00000M | 0.00000M | 0.00000M | 0.00050M |
| Total operating expenses | 7.79M | 7.01M | 9.22M | 17.59M | 13.34M |
| Cost of revenue | 0.12M | 0.19M | 0.18M | 0.12M | 0.12M |
| Total other income expense net | 0.73M | 0.85M | 0.85M | 0.82M | 10.34M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | -7.18552M | -6.17005M | -8.37442M | -17.54892M | -13.34315M |
| Net income applicable to common shares | - | - | - | -17.54892M | -13.34315M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
| Total assets | 13.53M | 3.81M | 8.89M | 11.58M | 14.58M |
| Intangible assets | 1.98M | 2.08M | 2.18M | 2.28M | 2.38M |
| Earning assets | - | - | - | - | - |
| Other current assets | 0.08M | 0.37M | 0.45M | 2.00M | 0.95M |
| Total liab | 1.08M | 1.83M | 1.84M | 2.18M | 1.53M |
| Total stockholder equity | 12.45M | 1.98M | 7.05M | 9.39M | 13.06M |
| Deferred long term liab | - | - | - | - | - |
| Other current liab | 1.08M | 1.81M | 1.75M | 2.12M | 1.38M |
| Common stock | 54.52M | 47.24M | 46.64M | 42.47M | 34.89M |
| Capital stock | 63.78M | 47.24M | 46.64M | 42.47M | 34.89M |
| Retained earnings | -65.91097M | -58.58901M | -52.41897M | -44.04455M | -26.49563M |
| Other liab | - | - | - | 0.04M | 0.05M |
| Good will | - | - | - | - | - |
| Other assets | - | - | - | 2.00M | 14.58M |
| Cash | 10.79M | 1.04M | 5.36M | 7.09M | 7.84M |
| Cash and equivalents | - | - | - | - | - |
| Total current liabilities | 1.08M | 1.83M | 1.82M | 2.14M | 1.46M |
| Current deferred revenue | - | - | - | - | - |
| Net debt | -10.79217M | -1.01745M | -5.26691M | -7.07194M | -7.73994M |
| Short term debt | - | 0.02M | 0.07M | 0.02M | 0.08M |
| Short long term debt | - | - | - | - | - |
| Short long term debt total | - | 0.02M | 0.09M | 0.02M | 0.10M |
| Other stockholder equity | 14.75M | 13.58M | 13.04M | 11.18M | 4.67M |
| Property plant equipment | - | - | - | 0.03M | 0.11M |
| Total current assets | 11.51M | 1.68M | 6.44M | 9.09M | 12.09M |
| Long term investments | - | - | - | - | - |
| Net tangible assets | - | - | - | 7.11M | 10.68M |
| Short term investments | - | - | - | - | - |
| Net receivables | 0.64M | 0.27M | 0.63M | 1.26M | 3.30M |
| Long term debt | - | - | - | - | - |
| Inventory | - | - | - | -1.25545M | - |
| Accounts payable | 1.08M | 1.81M | - | 2.12M | 1.38M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | - | - | - | - |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | -0.16577M | -0.24261M | -0.21465M | -0.21360M | -0.20526M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | - | - | - | - | - |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | - | - | - | - | - |
| Treasury stock | - | - | - | - | - |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | 0.04M | 0.04M | 0.17M | 0.17M | - |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 2.02M | 2.14M | 2.45M | 2.48M | 2.49M |
| Capital lease obligations | 0.00000M | 0.02M | 0.09M | 0.02M | 0.10M |
| Long term debt total | - | - | - | - | - |
| Breakdown | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
| Investments | - | - | 0.00004M | -0.00566M | -0.00615M |
| Change to liabilities | - | - | - | 0.88M | -0.12472M |
| Total cashflows from investing activities | - | - | - | -0.00566M | -0.00615M |
| Net borrowings | 0.00000M | -0.02953M | - | - | - |
| Total cash from financing activities | 17.03M | 0.59M | 4.83M | 11.63M | 14.17M |
| Change to operating activities | - | - | - | -0.01950M | -0.28136M |
| Net income | -7.18552M | -6.17005M | -8.37442M | -17.54892M | -13.34315M |
| Change in cash | 9.75M | -4.32408M | -1.72952M | -0.74834M | 0.63M |
| Begin period cash flow | 1.04M | 5.36M | 7.09M | 7.84M | 7.21M |
| End period cash flow | 10.79M | 1.04M | 5.36M | 7.09M | 7.84M |
| Total cash from operating activities | -7.32226M | -4.89020M | -6.63648M | -12.27930M | -13.66493M |
| Issuance of capital stock | 17.60M | 0.73M | 4.35M | 11.96M | 12.66M |
| Depreciation | 0.12M | 0.19M | 0.18M | 0.12M | 0.12M |
| Other cashflows from investing activities | - | - | - | - | - |
| Dividends paid | - | - | - | - | - |
| Change to inventory | - | - | - | - | - |
| Change to account receivables | -0.37799M | 0.36M | 0.56M | 2027.45M | -3.22995M |
| Sale purchase of stock | - | - | - | - | - |
| Other cashflows from financing activities | 9.88M | -0.10782M | 0.49M | -0.32806M | 1.51M |
| Change to netincome | - | - | - | 2.26M | 3.20M |
| Capital expenditures | 0.00000M | 0.00000M | 0.00000M | 0.00566M | 0.00615M |
| Change receivables | - | - | - | - | - |
| Cash flows other operating | - | - | - | - | - |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | - | - | - | - | - |
| Change in working capital | -0.98565M | 0.57M | 0.31M | 2.89M | -3.63604M |
| Stock based compensation | 0.73M | 0.54M | 1.25M | 2.26M | 3.20M |
| Other non cash items | - | -0.01477M | 0.31M | 2.38M | 3.31M |
| Free cash flow | -7.32226M | -4.89020M | -6.63648M | -12.28496M | -13.67108M |
Sector: Healthcare Industry: Biotechnology
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| EDSA Edesa Biotech Inc |
-1.63 22.99% | 5.46 | - | 0.18 | 130462.29 | 12.95 | 140491.25 | -1.2523 |
| NVO Novo Nordisk A/S |
-0.79 1.81% | 42.96 | 41.58 | 31.15 | 2.13 | 32.99 | 2.11 | 4.70 |
| NONOF Novo Nordisk A/S |
-0.6937 1.57% | 43.50 | 41.06 | 31.25 | 2.08 | 33.11 | 2.11 | 4.70 |
| VRTX Vertex Pharmaceuticals Inc |
5.09 1.15% | 446.83 | 29.67 | 24.33 | 10.38 | 5.83 | 9.33 | 20.00 |
| REGN Regeneron Pharmaceuticals Inc |
6.72 1.07% | 635.45 | 29.07 | 20.12 | 7.57 | 3.82 | 6.95 | 19.42 |
Edesa Biotech, Inc., a clinical-stage biopharmaceutical company, engages in the research and development, manufacture, and commercialization of pharmaceutical products for inflammatory and immune-related diseases. It develops EB05, a monoclonal antibody, which is in Phase 3 clinical study for the treatment of acute respiratory distress syndrome; and EB01, a topical vanishing cream containing non-steroidal anti-inflammatory compound that has completed Phase 3 clinical study to treat chronic allergic contact dermatitis. The company develops EB07, a monoclonal antibody, which is in a Phase 2 clinical study for the treatment of pulmonary fibrosis; and EB06, a human monoclonal antibody candidate that binds to chemokine ligand 10 (CXCL10) and inhibits the interaction of CXCL10 with its receptors, CXCR3A, and CXCR3B. It has a collaboration agreement with NovImmune SA to develop monoclonal antibodies targeting products containing toll-like receptor 4 and CXCL10 for therapeutic, prophylactic, and diagnostic applications in humans and animals; and Yissum Research Development Company for the development of products for therapeutic, prophylactic, and diagnostic uses in topical dermal and anorectal applications, as well as for the use in dermatologic and gastrointestinal conditions. The company was founded in 2015 and is headquartered in Markham, Canada.
100 Spy Court, Markham, ON, Canada, L3R 5H6
| Name | Title | Year Born |
|---|---|---|
| Dr. Pardeep Nijhawan FRCPC, M.D. | CEO, Company Sec. & Director | 1971 |
| Dr. Michael J. Brooks M.B.A., Ph.D. | Pres | 1978 |
| Ms. Kathi Niffenegger CPA, CPA | Chief Financial Officer | 1957 |
| Mr. Gary Koppenjan | VP of Investor Relations & Communications | NA |
| Mr. Rajan Puri | Sr. VP of Manufacturing | NA |
| Dr. Pardeep Nijhawan FRCPC, M.D. | CEO, Company Secretary & Director | 1971 |
| Dr. Michael J. Brooks M.B.A., Ph.D. | President | 1978 |
| Mr. Stephen L. Lemieux BA, C.P.A., CA, CPA, MMPA | Chief Financial Officer | 1977 |
| Dr. Michael J. Brooks M.B.A., Ph.D. | President | 1979 |
| Mr. Peter John Weiler M.B.A, M.Sc. | Chief Financial Officer | 1969 |
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