earnings
confidence high
sentiment neutral
materiality 0.50
InMed FY2024 net loss $7.7M; revenue up 11% to $4.6M; cash $6.6M
InMed Pharmaceuticals Inc.
2025-Q1 EPS reported
-$2.71
revenue$1,264,638
- Net loss of $7.7M vs $7.9M prior year; diluted EPS loss $1.01 vs $3.25.
- Revenue from BayMedica segment $4.6M, up 11% YoY; gross profit $1.1M.
- Cash, equivalents, and short-term investments $6.6M at June 30, 2024.
- R&D and patent expenses $3.8M; G&A $5.3M, down from $5.8M.
- Pipeline update: INM-901 Alzheimer's program advancing; INM-089 dry AMD preclinical data positive.