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Incannex Healthcare ASX:IHL Stock Report

Last Price

AU$0.041

Market Cap

AU$65.1m

7D

0%

1Y

-82.2%

Updated

01 Dec, 2023

Data

Company Financials +

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

IHL Stock Overview

A clinical-stage biopharmaceutical company, engages in the research, development, manufacture, sale, and distribution of psychedelic medicines and therapies for patients with chronic diseases in Australia. More details

IHL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Incannex Healthcare Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Incannex Healthcare
Historical stock prices
Current Share PriceAU$0.041
52 Week HighAU$0.21
52 Week LowAU$0.041
Beta2.09
1 Month Change-34.92%
3 Month Change-51.76%
1 Year Change-82.17%
3 Year Change-71.72%
5 Year Change127.78%
Change since IPO-52.87%

Recent News & Updates

Recent updates

Incannex Healthcare (ASX:IHL) Is In A Good Position To Deliver On Growth Plans

Feb 14
Incannex Healthcare (ASX:IHL) Is In A Good Position To Deliver On Growth Plans

Incannex Healthcare (ASX:IHL) Has Rewarded Shareholders With An Exceptional 774% Total Return On Their Investment

Feb 28
Incannex Healthcare (ASX:IHL) Has Rewarded Shareholders With An Exceptional 774% Total Return On Their Investment

How Is Incannex Healthcare's (ASX:IHL) CEO Compensated?

Dec 01
How Is Incannex Healthcare's (ASX:IHL) CEO Compensated?

Shareholder Returns

IHLAU PharmaceuticalsAU Market
7D0%-4.9%-2.7%
1Y-82.2%-9.3%6.5%

Return vs Industry: IHL underperformed the Australian Pharmaceuticals industry which returned 61.8% over the past year.

Return vs Market: IHL underperformed the Australian Market which returned 9.6% over the past year.

Price Volatility

Is IHL's price volatile compared to industry and market?
IHL volatility
IHL Average Weekly Movement14.7%
Pharmaceuticals Industry Average Movement10.3%
Market Average Movement8.0%
10% most volatile stocks in AU Market16.8%
10% least volatile stocks in AU Market3.1%

Stable Share Price: IHL's share price has been volatile over the past 3 months.

Volatility Over Time: IHL's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
n/an/aJoel Lathamwww.incannex.com

Incannex Healthcare Limited, a clinical stage pharmaceutical development company, engages in the research, development, and sale of medicinal cannabinoid and psychedelic pharmaceutical products and therapies in Australia. The company offers APIRx-1801, an ultrapure tetrahydrocannabinol; APIRx-1802, an ultrapure CBD; and APIRx-1803, an ultrapure cannabigerol. It also develops IHL-42X, which has completed Phase IIb clinical trial for obstructive sleep apnea; Psi-GAD that is in Phase IIa clinical trial for generalized anxiety disorder; MedChew Dronabinol, which has completed Phase Ia clinical trial for nausea and vomiting in chemotherapy; CanChew Plus that has completed Phase IIa clinical trial for irritable bowel syndrome; APIRx-1601, which has completed Phase IIa clinical trial for vitiligo; APIRx-1602 skin that has completed Phase IIa clinical trial for psoriasis; and APIRx-1603, which has completed Phase IIa clinical trial for atopic dermatitis.

Incannex Healthcare Inc. Fundamentals Summary

How do Incannex Healthcare's earnings and revenue compare to its market cap?
IHL fundamental statistics
Market capAU$65.07m
Earnings (TTM)-AU$19.98m
Revenue (TTM)AU$1.01m

64.2x

P/S Ratio

-3.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IHL income statement (TTM)
RevenueAU$1.01m
Cost of RevenueAU$0
Gross ProfitAU$1.01m
Other ExpensesAU$20.99m
Earnings-AU$19.98m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.013
Gross Margin100.00%
Net Profit Margin-1,970.61%
Debt/Equity Ratio0%

How did IHL perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/12/01 13:29
End of Day Share Price 2023/11/17 00:00
Earnings2023/06/30
Annual Earnings2023/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Incannex Healthcare Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Arron AatkarEdison Investment Research
David Joseph StormsStonegate Capital Partners, Inc.