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Healthcare - Drug Manufacturers - Specialty & Generic - NASDAQ - AU
$ 1.27
-7.3 %
$ 22.7 M
Market Cap
-0.89
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Mar, 2, 2025.

The intrinsic value of one IXHL stock under the worst case scenario is HIDDEN Compared to the current market price of 1.27 USD, Incannex Healthcare Limited is HIDDEN

This DCF valuation model was last updated on Mar, 2, 2025.

The intrinsic value of one IXHL stock under the base case scenario is HIDDEN Compared to the current market price of 1.27 USD, Incannex Healthcare Limited is HIDDEN

This DCF valuation model was last updated on Mar, 2, 2025.

The intrinsic value of one IXHL stock under the best case scenario is HIDDEN Compared to the current market price of 1.27 USD, Incannex Healthcare Limited is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
12 K REVENUE
0.00%
-30 M OPERATING INCOME
39.52%
-18.5 M NET INCOME
62.18%
-15.8 M OPERATING CASH FLOW
-47.41%
-277 K INVESTING CASH FLOW
12.34%
0 FINANCING CASH FLOW
0.00%
12 K REVENUE
0.00%
-5 M OPERATING INCOME
48.65%
-4.85 M NET INCOME
24.90%
-4.23 M OPERATING CASH FLOW
-16.14%
-5 K INVESTING CASH FLOW
-66.67%
4.05 M FINANCING CASH FLOW
0.00%
Balance Sheet Incannex Healthcare Limited
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Current Assets 16.2 M
Cash & Short-Term Investments 5.86 M
Receivables 0
Other Current Assets 10.3 M
Non-Current Assets 845 K
Long-Term Investments 0
PP&E 845 K
Other Non-Current Assets 0
Current Liabilities 5.62 M
Accounts Payable 527 K
Short-Term Debt 163 K
Other Current Liabilities 4.93 M
Non-Current Liabilities 210 K
Long-Term Debt 210 K
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Incannex Healthcare Limited
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Revenue 12 K
Cost Of Revenue 0
Gross Profit 12 K
Operating Expenses 30.1 M
Operating Income -30 M
Other Expenses -11.6 M
Net Income -18.5 M
RATIOS
100.00% GROSS MARGIN
100.00%
-250341.67% OPERATING MARGIN
-250341.67%
-153825.00% NET MARGIN
-153825.00%
-164.56% ROE
-164.56%
-108.28% ROA
-108.28%
-259.62% ROIC
-259.62%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Incannex Healthcare Limited
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Net Income -18.5 M
Depreciation & Amortization 103 K
Capital Expenditures -277 K
Stock-Based Compensation 8.93 M
Change in Working Capital -9.47 M
Others -6.42 M
Free Cash Flow -16.1 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Incannex Healthcare Limited
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IXHL has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
5. COMPETITION
6. Ownership
Insider Ownership Incannex Healthcare Limited
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Stonegate Updates Coverage on Incannex Healthcare Inc. (IXHL) 2Q 2025 Dallas, Texas--(Newsfile Corp. - February 18, 2025) - Incannex Healthcare Inc. (NASDAQ: IXHL): Stonegate Capital Partners updates their coverage on Incannex Healthcare Inc. (NASDAQ: IXHL). During the second quarter of fiscal year 2025, Incannex Healthcare Inc. reported R&D costs of $1.4M, a decrease from $2.6M in the same period of the previous year. newsfilecorp.com - 1 week ago
Incannex Healthcare Inc. Reports Fiscal Second Quarter 2025 Financial Results and Business Updates NEW YORK and MELBOURNE, Australia, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Incannex Healthcare Inc. (Nasdaq: IXHL), (Incannex), a clinical-stage biopharmaceutical company leading the way in developing oral combination medicines, today reported fiscal second quarter financial results and provided business highlights for the quarter ended December 31, 2024. globenewswire.com - 2 weeks ago
Incannex Healthcare Appoints Alison Wimms, Ph.D. to Newly Formed IHL-42X Obstructive Sleep Apnea (OSA) Clinical Advisory Board Dr. Wimms brings extensive industry and clinical development experience in sleep medicine innovation Dr. Wimms brings extensive industry and clinical development experience in sleep medicine innovation globenewswire.com - 3 weeks ago
Incannex Healthcare Announces Positive Topline Results from Pharmacokinetics (PK) Study of IHL-42X, an Oral Combination Medicine for the Treatment of Obstructive Sleep Apnea NEW YORK and MELBOURNE, Australia, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Incannex Healthcare Inc. (Nasdaq: IXHL), (Incannex), a clinical-stage biopharmaceutical company leading the way in developing combination medicines, today announced positive topline results from a completed pharmacokinetics (PK) and safety study of IHL-42X, a novel, oral fixed-dose combination of acetazolamide and dronabinol for the treatment of Obstructive Sleep Apnea (OSA). globenewswire.com - 1 month ago
Stonegate Updates Coverage on Incannex Healthcare Inc. (IXHL) 1Q 2025 Dallas, Texas--(Newsfile Corp. - December 2, 2024) - Incannex Healthcare Inc. (NASDAQ: IXHL): Stonegate Capital Partners updates their coverage on Incannex Healthcare Inc.  (NASDAQ: IXHL). During 1Q 2025 the Company reported research and development costs of $2.9M, an increase of $0.3M from 1Q24. newsfilecorp.com - 2 months ago
Incannex Healthcare Inc. Reports Fiscal First Quarter 2025 Financial Results and Business Updates NEW YORK and MELBOURNE, Australia, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Incannex Healthcare Inc. (Nasdaq: IXHL), (Incannex), a clinical-stage biopharmaceutical company developing innovative medicines for people with chronic diseases and significant unmet medical needs, today reported fiscal first quarter financial results and provided business highlights for the quarter ended September 30, 2024. globenewswire.com - 3 months ago
Incannex Announces Appointment of Dr. Lou Barbato as Chief Medical Officer NEW YORK and MELBOURNE, Australia, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Incannex Healthcare Inc. (Nasdaq: IXHL), (Incannex), a clinical-stage biopharmaceutical company developing innovative medicines for people with chronic diseases and significant unmet medical needs, today announced the appointment of Lou Barbato, M.D., as Chief Medical Officer (CMO) effective immediately. Dr. Barbato's drug development experience includes senior clinical development and operational roles at Jazz Pharmaceuticals, AbbVie, Biogen, Novartis, and Solvay. He joins Incannex as the company continues to advance its lead clinical-stage programs in obstructive sleep apnea, generalized anxiety disorder, and rheumatoid arthritis. globenewswire.com - 4 months ago
Stonegate Initiates Coverage on Incannex Healthcare Inc. (IXHL) Dallas, Texas--(Newsfile Corp. - October 2, 2024) - Incannex Healthcare Inc. (NASDAQ: IXHL): Stonegate Capital Partners initiates their coverage on Incannex Healthcare Inc. (NASDAQ: IXHL) To view the full announcement, including downloadable images, bios, and more, click here. Key Takeaways: Advancing proprietary, synthetic first and best-in-class cannabinoid and psychedelic-assisted therapeutics Conducting FDA phase 2/3 trial, IHL-42X, for the treatment of Obstructive Sleep Apnea (OSA) IHL-42X pivotal phase 2 top-line data expected first half 2025 Click image above to view full announcement. newsfilecorp.com - 4 months ago
Incannex Healthcare Inc. Reports Fiscal Full Year 2024 Financial Results and Business Updates NEW YORK and MELBOURNE, Australia, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Incannex Healthcare Inc. (Nasdaq: IXHL), (Incannex), a clinical-stage biopharmaceutical company developing innovative medicines for people with serious chronic diseases and significant unmet medical needs, today reported fiscal full year financial results and provided business updates. globenewswire.com - 5 months ago
Sleep Apnea Pill: Quantum Research Survey Shows Sleep Apnea Patients Seeking CPAP Alternatives A new survey conducted by Quantum Research Group, LLC finds that more than half of patients diagnosed with sleep apnea are not satisfied with their current treatment. Nearly 70 percent of patients express a willingness to switch to a prescribed pill-form treatment. newsfilecorp.com - 5 months ago
FDA Review of PsiGAD2 IND complete; clinical trial for Psilocybin Assisted Psychotherapy in Patients with Generalised Anxiety Disorder to Proceed NEW YORK and MELBOURNE, Australia, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Incannex Healthcare Inc. (Nasdaq: IXHL), (‘Incannex' or the ‘Company'), a clinical-stage pharmaceutical company developing proprietary medicinal cannabinoid products and psychedelic assisted psychotherapies is pleased to announce that it has received approval from the US Food and Drug Administration (‘FDA') to conduct the Company's Investigational New Drug (‘IND') opening Phase 2 clinical trial. The trial will investigate Incannex's psilocybin pharmaceutical formulation, known as PSX-001, in conjunction with psychotherapy in patients with generalised anxiety disorder in the United States and the United Kingdom. globenewswire.com - 6 months ago
Dosing completed in 115 participant bioavailability/bioequivalence clinical trial for proprietary sleep apnea drug candidate IHL-42X NEW YORK and MELBOURNE, Australia, July 30, 2024 (GLOBE NEWSWIRE) -- Incannex Healthcare Inc. (Nasdaq: IXHL), (‘Incannex' or the ‘Company'), a clinical-stage pharmaceutical company developing proprietary medicinal cannabinoid products and psychedelic-assisted psychotherapies, is pleased to announce that it has completed participant dosing in the IHL-42X Bioavailability/Bioequivalence (BA/BE) clinical trial. globenewswire.com - 7 months ago
8. Profile Summary

Incannex Healthcare Limited IXHL

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COUNTRY AU
INDUSTRY Drug Manufacturers - Specialty & Generic
MARKET CAP $ 22.7 M
Dividend Yield 0.00%
Description Incannex Healthcare Limited engages in the research, development, and sale of medicinal cannabinoid products in Australia. It offers pharmaceutical grade cannabinoid products under the Incannex brand name. The company's products include IHL-42X, which is in Phase II clinical trials for obstructive sleep apnea; IHL-216A for traumatic brain injury; and IHL-675A, a combination of hydroxychloroquine and cannabidiol for the prevention and treatment of inflammatory lung conditions, such as acute respiratory distress syndrome, chronic obstructive pulmonary disease, asthma, and bronchitis, as well as rheumatoid arthritis and inflammatory bowel diseases. It has partnership with The Alfred Hospital and Novotech on IHL-42X clinical program for obstructive sleep apnea; and Monash Trauma Group at the Department of Neuroscience, Monash University to conduct a study on the protective effect of IHL-216A in sports concussion. The company was formerly known as Impression Healthcare Limited and changed its name to Incannex Healthcare Limited in June 2020. Incannex Healthcare Limited was incorporated in 2001 and is based in Sydney, Australia.
Contact 207/11 Solent Circuit, Sydney, NSW, 2153 https://www.incannex.com.au
IPO Date March 2, 2022
Employees 9
Officers Mr. Joel Bradley Latham President, Chief Executive Officer & Executive Director Mr. Joseph Swan Chief Financial Officer, Treasurer & Secretary Mr. Lekhram Changoer M.Sc. Chief Technology Officer & Member of Advisory Board Dr. Mark Bleackley Ph.D. Chief Scientific Officer, Head of Programs & Member of the Advisory Board Dr. Luigi M. Barbato M.D. Chief Medical Officer Mr. John Michailidis B.Sc., EMBA, M.A.I.C.D. Chief Executive Officer of IncannexTM Natalie May Head of Clinical Operations