Evoke Pharma, Inc.

NasdaqCM:EVOK Stock Report

Market Cap: US$23.7m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Evoke Pharma Balance Sheet Health

Financial Health criteria checks 6/6

Evoke Pharma has a total shareholder equity of $3.4M and total debt of $5.0M, which brings its debt-to-equity ratio to 148.7%. Its total assets and total liabilities are $15.6M and $12.3M respectively.

Key information

148.71%

Debt to equity ratio

US$5.00m

Debt

Interest coverage ration/a
CashUS$11.58m
EquityUS$3.36m
Total liabilitiesUS$12.29m
Total assetsUS$15.65m

Recent financial health updates

Analysis Article • Jul 30

Evoke Pharma (NASDAQ:EVOK) Is Using Debt Safely

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Recent updates

Analysis Article • Aug 19

Investors Still Aren't Entirely Convinced By Evoke Pharma, Inc.'s (NASDAQ:EVOK) Revenues Despite 31% Price Jump

NasdaqCM:EVOK 1 Year Share Price vs Fair Value Explore Evoke Pharma's Fair Values from the Community and select yours...
Analysis Article • Jul 30

Evoke Pharma (NASDAQ:EVOK) Is Using Debt Safely

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Jun 22

Evoke Pharma, Inc. (NASDAQ:EVOK) Might Not Be As Mispriced As It Looks After Plunging 27%

Evoke Pharma, Inc. ( NASDAQ:EVOK ) shares have had a horrible month, losing 27% after a relatively good period...
Analysis Article • Mar 16

Market Cool On Evoke Pharma, Inc.'s (NASDAQ:EVOK) Revenues Pushing Shares 29% Lower

Evoke Pharma, Inc. ( NASDAQ:EVOK ) shareholders won't be pleased to see that the share price has had a very rough...
Analysis Article • Jan 22

Evoke Pharma (NASDAQ:EVOK) Is Using Debt Safely

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Seeking Alpha • Sep 20

Evoke to get US patent for nasal spray Gimoti

Evoke Pharma (NASDAQ:EVOK) said it will get a get patent from the U.S. Patent and Trademark Office (USPTO) for its nasal spray Gimoti. Gimoti is a nasal spray formulation of metoclopramide for relief of symptoms linked with acute and recurrent diabetic gastroparesis, a condition in which stomach takes too long to empty, the company said in a Sept. 20 press release. When granted, the patent will cover methods for treating moderate-to-severe gastroparesis with metoclopramide with an intranasal route of administration, Evoke noted. The company added that the patent will expire in 2037.
Seeking Alpha • Aug 10

Evoke Pharma Q2 GAAP loss per share narrows, revenue up

Evoke Pharma press release (NASDAQ:EVOK): Q2 GAAP EPS of -$0.71 (vs. -$0.85 Y/Y). Revenue of $0.46M (+91.7% Y/Y).
Seeking Alpha • Jul 06

Evoke Pharma gets Canadian patent linked to Gimoti nasal spray

Evoke Pharma (NASDAQ:EVOK) said the Canadian Intellectual Property Office granted a patent covering methods of use for nasal delivery of Gimoti's formulation, metoclopramide, to treat diabetic gastroparesis (DG). The patent titled “Nasal Formulations of Metoclopramide" expires in 2029, according to the company's July 6 press release. Evoke said the new patent corresponds to the two other U.S. patents under the same title that expire in 2029 and 2030, respectively. DG is a stomach problem related to diabetes which causes delayed gastric emptying.
Analysis Article • Oct 22

Does Evoke Pharma (NASDAQ:EVOK) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Jul 06

Does Evoke Pharma (NASDAQ:EVOK) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Financial Position Analysis

Short Term Liabilities: EVOK's short term assets ($15.5M) exceed its short term liabilities ($12.2M).

Long Term Liabilities: EVOK's short term assets ($15.5M) exceed its long term liabilities ($46.4K).

Debt to Equity History and Analysis

Debt Level: EVOK has more cash than its total debt.

Reducing Debt: EVOK had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: EVOK has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: EVOK has sufficient cash runway for 2.5 years if free cash flow continues to grow at historical rates of 7.5% each year.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/18 08:14
End of Day Share Price 2025/12/16 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Evoke Pharma, Inc. is covered by 7 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
Edward WooAscendiant Capital Markets LLC
David BuckB. Riley Securities, Inc.
Irina Rivkind KofflerCantor Fitzgerald & Co.