Incannex Healthcare Inc.

NasdaqGM:IXHL Stock Report

Market Cap: US$29.6m

Incannex Healthcare Past Earnings Performance

Past criteria checks 0/6

Incannex Healthcare's earnings have been declining at an average annual rate of -19.5%, while the Pharmaceuticals industry saw earnings growing at 1.2% annually. Revenues have been declining at an average rate of 9.1% per year.

Key information

-19.5%

Earnings growth rate

-59.6%

EPS growth rate

Pharmaceuticals Industry Growth6.0%
Revenue growth rate-9.1%
Return on equity-351.1%
Net Margin-26,922.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Why Incannex Healthcare's (NASDAQ:IXHL) Earnings Are Weaker Than They Seem

Feb 21
Why Incannex Healthcare's (NASDAQ:IXHL) Earnings Are Weaker Than They Seem

Is Incannex Healthcare (NASDAQ:IXHL) In A Good Position To Invest In Growth?

Feb 05
Is Incannex Healthcare (NASDAQ:IXHL) In A Good Position To Invest In Growth?

Incannex rises 9% after Australia approval to begin phase 1 trial of anti-inflammatory drug

Jul 21

Revenue & Expenses Breakdown

How Incannex Healthcare makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGM:IXHL Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 240-23185
30 Jun 240-18171
31 Mar 24120123
31 Dec 23121103
30 Sep 230-2993
30 Jun 230-4986
31 Mar 230-4875
31 Dec 221-4874
30 Sep 221-2854
30 Jun 221-1054
31 Mar 221-1054
31 Dec 211-944
30 Sep 211-954
30 Jun 211-954
31 Dec 201-423
30 Sep 201-322
30 Jun 200-311
31 Dec 190-101
30 Sep 190-101
30 Jun 190-101
31 Mar 191-220
31 Dec 181-220
30 Sep 181-230
30 Jun 181-230
31 Mar 181-220
31 Dec 170-220
30 Sep 170-920
30 Jun 170-1620
31 Mar 170-1510
31 Dec 160-1410
30 Sep 160-810
30 Jun 160-110

Quality Earnings: IXHL is currently unprofitable.

Growing Profit Margin: IXHL is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: IXHL is unprofitable, and losses have increased over the past 5 years at a rate of 19.5% per year.

Accelerating Growth: Unable to compare IXHL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IXHL is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (54.6%).


Return on Equity

High ROE: IXHL has a negative Return on Equity (-351.07%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 12:50
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

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. 0 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.