MediciNova Past Earnings Performance

Past criteria checks 0/6

MediciNova has been growing earnings at an average annual rate of 4.2%, while the Biotechs industry saw earnings growing at 12.3% annually. Revenues have been growing at an average rate of 16.5% per year.

Key information

4.2%

Earnings growth rate

8.3%

EPS growth rate

Biotechs Industry Growth17.0%
Revenue growth rate16.5%
Return on equity-13.7%
Net Margin-857.2%
Next Earnings Update10 May 2024

Recent past performance updates

Recent updates

We're Hopeful That MediciNova (NASDAQ:MNOV) Will Use Its Cash Wisely

Apr 19
We're Hopeful That MediciNova (NASDAQ:MNOV) Will Use Its Cash Wisely

MediciNova (NASDAQ:MNOV) Is In A Good Position To Deliver On Growth Plans

Nov 27
MediciNova (NASDAQ:MNOV) Is In A Good Position To Deliver On Growth Plans

We're Hopeful That MediciNova (NASDAQ:MNOV) Will Use Its Cash Wisely

Jul 11
We're Hopeful That MediciNova (NASDAQ:MNOV) Will Use Its Cash Wisely

Here's Why We're Not Too Worried About MediciNova's (NASDAQ:MNOV) Cash Burn Situation

Mar 18
Here's Why We're Not Too Worried About MediciNova's (NASDAQ:MNOV) Cash Burn Situation

We Think MediciNova (NASDAQ:MNOV) Can Afford To Drive Business Growth

Oct 12
We Think MediciNova (NASDAQ:MNOV) Can Afford To Drive Business Growth

MediciNova to get US patent for MN-166 to treat brain cancer

Sep 15

MediciNova's MN-166 to be part of study to treat Long COVID

Aug 16

MediciNova begins study of parenteral formulation of MN-166

Jul 22

MediciNova announces extension of BARDA contract for Ibudilast development

Jun 30

We're Hopeful That MediciNova (NASDAQ:MNOV) Will Use Its Cash Wisely

Mar 19
We're Hopeful That MediciNova (NASDAQ:MNOV) Will Use Its Cash Wisely

MediciNova (NASDAQ:MNOV) Is In A Strong Position To Grow Its Business

Nov 23
MediciNova (NASDAQ:MNOV) Is In A Strong Position To Grow Its Business

MediciNova: The Pain Of A Positive Outlook

Aug 31

MediciNova stock climbs 31% on positive MN-166 data in mid-stage alcohol use disorder study

Jun 21

Companies Like MediciNova (NASDAQ:MNOV) Are In A Position To Invest In Growth

May 15
Companies Like MediciNova (NASDAQ:MNOV) Are In A Position To Invest In Growth

The MediciNova Riddle: Worth Unravelling

Apr 26

MediciNova inks $20M securities purchase agreement with 3D Investment Partners

Jan 12

MediciNova nabs new U.S. patent for ibudilast in multiple sclerosis

Dec 29

MediciNova (NASDAQ:MNOV) Is In A Good Position To Deliver On Growth Plans

Dec 29
MediciNova (NASDAQ:MNOV) Is In A Good Position To Deliver On Growth Plans

MediciNova selected for the Nasdaq Biotechnology Index

Dec 15

MediciNova's MN-166 can reduce retinal thinning in progressive multiple sclerosis

Nov 25

Revenue & Expenses Breakdown
Beta

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


Earnings and Revenue History

NasdaqGM:MNOV Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 231-956
30 Sep 231-1066
30 Jun 230-1268
31 Mar 230-1469
31 Dec 220-1459
30 Sep 220-1359
30 Jun 220-1359
31 Mar 220-1359
31 Dec 214-1069
30 Sep 214-1179
30 Jun 214-1179
31 Mar 214-1178
31 Dec 200-1477
30 Sep 200-1368
30 Jun 200-1266
31 Mar 200-1166
31 Dec 190-1386
30 Sep 190-1184
30 Jun 190-16116
31 Mar 190-15106
31 Dec 180-15106
30 Sep 180-16127
30 Jun 180-13105
31 Mar 180-13105
31 Dec 170-1194
30 Sep 170-1174
30 Jun 170-1073
31 Mar 170-1173
31 Dec 160-1173
30 Sep 160-1284
30 Jun 160-1174
31 Mar 160-1073
31 Dec 150-963
30 Sep 150-863
30 Jun 150-963
31 Mar 150-963
31 Dec 140-963
30 Sep 146-363
30 Jun 146-363
31 Mar 146-473
31 Dec 136-473
30 Sep 130-1073
30 Jun 130-1073

Quality Earnings: MNOV is currently unprofitable.

Growing Profit Margin: MNOV is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MNOV is unprofitable, but has reduced losses over the past 5 years at a rate of 4.2% per year.

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

Earnings vs Industry: MNOV is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (-14%).


Return on Equity

High ROE: MNOV has a negative Return on Equity (-13.74%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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