Immuron Limited

NasdaqCM:IMRN Stock Report

Market Cap: US$8.8m

Immuron Balance Sheet Health

Financial Health criteria checks 6/6

Immuron has a total shareholder equity of A$13.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$15.1M and A$2.1M respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$10.00m
EquityAU$13.08m
Total liabilitiesAU$2.06m
Total assetsAU$15.14m

Recent financial health updates

No updates

Recent updates

Seeking Alpha Aug 19

Immuron suspends research on COVID-19 program

Immuron (NASDAQ:IMRN) said it has deprioritized SARS-CoV-2 research to focus on clinical development of its more advanced stage therapeutic drug candidates. The Australian company added that it dedicated significant resources to investigate the mechanism of novel coronavirus protection, however, the mechanism of how IMM-124E provides protection against SARS-CoV-2 viral infection remained unclear. Immuron noted that as per its research, the evolution of the virus and changing treatment landscape presented significant challenges to conduct a trial for SARS-CoV-2 with IMM-124E. Immuron new CEO Steven Lydeamore — who was appointed in May and took charge June 27 — is completing an assessment of the product portfolio, target markets, competitive advantage, and growth drivers, the company said in an Aug. 19 press release. In July, the company had said that U.S. Food and Drug Administration had placed a clinical hold on starting trials of oral antibacterial drug.
Seeking Alpha Jul 26

Immuron says proposed trials of antibacterial drug put on clinical hold by FDA

The U.S. Food and Drug Administration placed a clinical hold on the start of trials of an oral antibacterial drug, noting insufficient information in the investigational new drug  (IND) application. Australia-based Immuron (NASDAQ:IMRN) said that the US Naval Medical Research Center (NMRC) has received feedback from the FDA following a review of the IND application for a new oral therapeutic targeting Campylobacter and ETEC. Campylobacter is an infection causing diarrhea due to the Campylobacter bacteria. Meanwhile, Enterotoxigenic Escherichia coli (E. coli), or ETEC, is also an important cause of bacterial diarrheal illness, as per the CDC. The FDA said that the IND does not contain sufficient information required to assess the risk to patients in the proposed clinical studies, Immuron said in a July 26 press release. Immuron added that the IND was placed on clinical hold until the FDA has received and reviewed a response from the NMRC justifying dosing, safety monitoring and a risk mitigation plan. The company noted that NMRC is addressing the clinical hold comments and will seek a Type A meeting with the FDA to discuss the hold and necessary protocol amendments.
Seeking Alpha Jul 07

Immuron to get European patent for drug composition to treat bacterial infection

Immuron (NASDAQ:IMRN) said the European Patent Office intends to grant the company a patent related to compositions and methods for treatment and/or preventing diseases due to the bacterium Clostridioides difficile. Clostridioides difficile infection is a disease of the large intestine caused by toxins produced by the spore forming bacterium Clostridioides difficile, according to the company's July 7 press release. The Austrialn company said a notification of the intent to grant European Patent 14784945.9, titled 'Methods and Compositions for the treatment and/or prophylaxis of Clostridium difficile associated disease,' was received from the agency.

Financial Position Analysis

Short Term Liabilities: IMRN's short term assets (A$14.9M) exceed its short term liabilities (A$1.9M).

Long Term Liabilities: IMRN's short term assets (A$14.9M) exceed its long term liabilities (A$205.5K).


Debt to Equity History and Analysis

Debt Level: IMRN is debt free.

Reducing Debt: IMRN has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.


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: IMRN has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: IMRN has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 13.1% each year.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/08 22:04
End of Day Share Price 2026/07/08 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

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.

Analysis Model and Snowflake

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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

Immuron Limited 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
Karen SterlingEmerging Growth Research LLC
Raghuram SelvarajuH.C. Wainwright & Co.