Mind Medicine (MindMed) Inc.

NasdaqGS:MNMD Stock Report

Market Cap: US$684.2m

Mind Medicine (MindMed) Past Earnings Performance

Past criteria checks 0/6

Mind Medicine (MindMed)'s earnings have been declining at an average annual rate of -21.2%, while the Pharmaceuticals industry saw earnings growing at 1% annually.

Key information

-21.2%

Earnings growth rate

4.1%

EPS growth rate

Pharmaceuticals Industry Growth6.0%
Revenue growth raten/a
Return on equity-122.5%
Net Marginn/a
Last Earnings Update31 Dec 2023

Recent past performance updates

No updates

Recent updates

Mind Medicine: GAD Program Success Continues With BTD And Positive Treatment Data

Apr 04

Mind Medicine: Positive MM-120 Data Leads To Other 2024 Catalysts

Feb 02

Mind Medicine (MindMed) (NASDAQ:MNMD) Is In A Good Position To Deliver On Growth Plans

May 23
Mind Medicine (MindMed) (NASDAQ:MNMD) Is In A Good Position To Deliver On Growth Plans

We're Hopeful That Mind Medicine (MindMed) (NASDAQ:MNMD) Will Use Its Cash Wisely

Feb 07
We're Hopeful That Mind Medicine (MindMed) (NASDAQ:MNMD) Will Use Its Cash Wisely

MindMed: Not The Horse To Back If You're Looking To Buy Psychedelics

Oct 19

MindMed announces proposed public offering of common shares

Sep 27

MindMed doses first patient in phase 1 trial examining psychedelic MDMA-like substances

Sep 20

MindMed regains compliance with Nasdaq's minimum bid price listing requirement

Sep 14

MindMed: Confusing MEME Rally Hides A Company That Looks Empty Of Value

Sep 04

Mind Medicine (MindMed) (NASDAQ:MNMD) Is In A Good Position To Deliver On Growth Plans

Aug 26
Mind Medicine (MindMed) (NASDAQ:MNMD) Is In A Good Position To Deliver On Growth Plans

Magic mushrooms psychedelic compound can help with treatment of alcohol use disorder

Aug 24

MindMed soars 71% as it appears to be following in Bed Bath & Beyond's footsteps

Aug 18

Mind Medicine GAAP EPS of -$0.04 beats by $0.01

Aug 11

Mind Medicine announces 1-for-15 reverse stock split

Aug 04

MindMed: Another Psychedelic Medicine Play Trading At A Potential Discount

Jul 12

Mind Medicine: It's Best To Stay Far Away From This Risky Psychedelic Stock

Apr 20

MindMed: Falling Uncontrollably

Jan 27

Revenue & Expenses Breakdown
Beta

How Mind Medicine (MindMed) makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:MNMD Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 230-964252
30 Sep 230-773649
30 Jun 230-753744
31 Mar 230-633039
31 Dec 220-573036
30 Sep 220-693238
30 Jun 220-693139
31 Mar 220-986038
31 Dec 210-935935
30 Sep 210-895932
30 Jun 210-805329
31 Mar 210-411924
31 Dec 200-341419
30 Sep 200-291114

Quality Earnings: MNMD is currently unprofitable.

Growing Profit Margin: MNMD is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MNMD is unprofitable, and losses have increased over the past 5 years at a rate of 21.2% per year.

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

Earnings vs Industry: MNMD is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (-0.5%).


Return on Equity

High ROE: MNMD has a negative Return on Equity (-122.52%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.