ProMIS Financial Statements From 2010 to 2024

PMN Stock  USD 0.92  0.11  10.68%   
ProMIS Neurosciences financial statements provide useful quarterly and yearly information to potential ProMIS Neurosciences investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on ProMIS Neurosciences financial statements helps investors assess ProMIS Neurosciences' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting ProMIS Neurosciences' valuation are summarized below:
Gross Profit
-16.1 M
Market Capitalization
30.1 M
Enterprise Value Revenue
3.9 K
Revenue
7.6 K
Earnings Share
0.04
We have found one hundred twenty available trending fundamental ratios for ProMIS Neurosciences, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to check out ProMIS Neurosciences' recent fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 27th of November 2024, Market Cap is likely to drop to about 13.4 M. In addition to that, Enterprise Value is likely to grow to about (2.4 M)

ProMIS Neurosciences Total Revenue

0.0

Check ProMIS Neurosciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ProMIS Neurosciences' main balance sheet or income statement drivers, such as Depreciation And Amortization of 46.1 K, Interest Expense of 191.3 K or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 5.1 K, Dividend Yield of 0.0 or PTB Ratio of 2.7. ProMIS financial statements analysis is a perfect complement when working with ProMIS Neurosciences Valuation or Volatility modules.
  
Check out the analysis of ProMIS Neurosciences Correlation against competitors.
To learn how to invest in ProMIS Stock, please use our How to Invest in ProMIS Neurosciences guide.

ProMIS Neurosciences Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets18.9 M18 M5.8 M
Slightly volatile
Total Current Liabilities13 M12.4 MM
Slightly volatile
Accounts Payable10.9 M10.4 MM
Slightly volatile
Cash17.5 M16.7 M4.9 M
Slightly volatile
Non Current Assets Total24.5 K25.8 K69.3 K
Slightly volatile
Cash And Short Term Investments17.6 M16.8 M5.2 M
Slightly volatile
Net Receivables110.2 K64.5 K52.6 K
Slightly volatile
Common Stock Shares Outstanding12.9 M12.3 M4.3 M
Slightly volatile
Short Term Investments58.6 K61.6 K349.1 K
Slightly volatile
Liabilities And Stockholders Equity18.2 M17.4 M5.5 M
Slightly volatile
Non Current Liabilities Total649.7 K683.9 K1.5 M
Slightly volatile
Other Current Assets1.4 M1.3 M426.4 K
Slightly volatile
Other Stockholder Equity135.8 M129.3 M37 M
Slightly volatile
Total Liabilities13.7 M13.1 M4.1 M
Slightly volatile
Total Current Assets18.9 M18 M5.7 M
Slightly volatile
Intangible Assets43.6 K25.4 K56.8 K
Slightly volatile
Common Stock38.3 M65 M38.2 M
Slightly volatile
Current Deferred Revenue133 K149.6 K162.9 K
Slightly volatile
Short and Long Term Debt TotalM5.7 M2.8 M
Slightly volatile
Short Term Debt131.5 K139 K121.7 K
Slightly volatile
Property Plant Equipment27428914.9 K
Pretty Stable
Property Plant And Equipment Gross80.4 K72.3 K82.3 K
Pretty Stable
Other Liabilities1.6 M1.7 M7.4 M
Slightly volatile
Long Term Debt3.1 M3.5 M3.8 M
Slightly volatile

ProMIS Neurosciences Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization46.1 K28 K22 K
Very volatile
Other Operating Expenses19.8 M18.9 M7.1 M
Slightly volatile
Research Development4.3 M7.9 M3.8 M
Slightly volatile
Total Operating Expenses6.1 M8.5 M5.5 M
Slightly volatile
Selling General Administrative6.7 M6.4 M2.4 M
Slightly volatile
Reconciled Depreciation4.5 K4.7 K8.6 K
Slightly volatile
Interest Income5.7 K5.4 K1.5 K
Slightly volatile
Cost Of Revenue11.3 M10.4 M5.6 M
Slightly volatile

ProMIS Neurosciences Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow8.4 MM2.9 M
Slightly volatile
Other Cashflows From Financing Activities22.3 M23.5 M436.7 M
Slightly volatile
Depreciation22.2 M21.2 M2.9 M
Slightly volatile
Total Cash From Financing Activities24.7 M23.5 M7.7 M
Slightly volatile
End Period Cash Flow17.5 M16.7 M4.3 M
Slightly volatile
Stock Based Compensation285.1 M271.5 M37.5 M
Slightly volatile
Net BorrowingsM7.8 M8.5 M
Slightly volatile
Issuance Of Capital Stock24.4 M23.2 M8.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio5.1 K5.3 K20.3 K
Pretty Stable
Days Sales Outstanding1.922.02508
Slightly volatile
Invested Capital592.2 K623.4 K15.7 M
Slightly volatile
Average PayablesM6.7 M1.4 M
Slightly volatile
Stock Based Compensation To Revenue54.1757.02236
Pretty Stable
Capex To Depreciation0.190.24.3084
Slightly volatile
EV To Sales3.3 K3.5 K19.1 K
Pretty Stable
Payables Turnover0.951.005110.9251
Slightly volatile
Sales General And Administrative To Revenue348366791
Pretty Stable
Research And Ddevelopement To Revenue5205471.7 K
Pretty Stable
Capex To Revenue0.630.6732.798
Pretty Stable
Cash Per Share1.291.36291.6599
Pretty Stable
Days Payables Outstanding38136376.292
Slightly volatile
Net Current Asset Value519583635
Slightly volatile
Income Quality0.660.82070.829
Very volatile
Tangible Asset Value567638695
Slightly volatile
Intangibles To Total Assets0.00330.00350.0781
Slightly volatile
Net Debt To EBITDA0.980.93730.433
Slightly volatile
Current Ratio1.381.45663.8502
Pretty Stable
Receivables Turnover178187164
Slightly volatile
Graham Number3.423.60045.6669
Slightly volatile
Debt To Equity0.580.620.5212
Slightly volatile
Capex Per Share3.0E-43.0E-40.0272
Slightly volatile
Average Receivables186.4 K183.7 K168.3 K
Very volatile
Revenue Per Share0.00150.00160.0276
Slightly volatile
Debt To Assets0.110.20.156
Slightly volatile
Days Of Payables Outstanding38136376.292
Slightly volatile
Ebt Per Ebit1.080.92641.0036
Very volatile
Long Term Debt To Capitalization0.330.370.4005
Slightly volatile
Total Debt To Capitalization0.30.370.3115
Slightly volatile
Debt Equity Ratio0.580.620.5212
Slightly volatile
Quick Ratio1.381.45663.8774
Pretty Stable
Net Income Per E B T1.010.810.9744
Slightly volatile
Cash Ratio1.611.34742.148
Slightly volatile
Days Of Sales Outstanding1.922.02508
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.131.151.0364
Slightly volatile
Fixed Asset Turnover1.511.583.6
Slightly volatile
Debt Ratio0.110.20.156
Slightly volatile
Price Sales Ratio5.1 K5.3 K20.3 K
Pretty Stable
Asset Turnover4.0E-44.0E-40.0622
Slightly volatile

ProMIS Neurosciences Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap13.4 M14.1 M43.7 M
Slightly volatile
Working Capital519583635
Slightly volatile

ProMIS Fundamental Market Drivers

Cash And Short Term Investments16.8 M

ProMIS Upcoming Events

13th of March 2024
Upcoming Quarterly Report
View
20th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
13th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About ProMIS Neurosciences Financial Statements

ProMIS Neurosciences investors utilize fundamental indicators, such as revenue or net income, to predict how ProMIS Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue149.6 K133 K
Cost Of Revenue10.4 M11.3 M
Stock Based Compensation To Revenue 57.02  54.17 
Sales General And Administrative To Revenue 366.40  348.08 
Research And Ddevelopement To Revenue 547.29  519.93 
Capex To Revenue 0.67  0.63 
Ebit Per Revenue-1.2 K-1.2 K

Pair Trading with ProMIS Neurosciences

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ProMIS Neurosciences position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ProMIS Neurosciences will appreciate offsetting losses from the drop in the long position's value.

Moving together with ProMIS Stock

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Moving against ProMIS Stock

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The ability to find closely correlated positions to ProMIS Neurosciences could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ProMIS Neurosciences when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ProMIS Neurosciences - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ProMIS Neurosciences to buy it.
The correlation of ProMIS Neurosciences is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ProMIS Neurosciences moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProMIS Neurosciences moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ProMIS Neurosciences can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether ProMIS Neurosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProMIS Neurosciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Promis Neurosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Promis Neurosciences Stock:
Check out the analysis of ProMIS Neurosciences Correlation against competitors.
To learn how to invest in ProMIS Stock, please use our How to Invest in ProMIS Neurosciences guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ProMIS Neurosciences. If investors know ProMIS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ProMIS Neurosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.04
Revenue Per Share
0.001
Return On Assets
(4.81)
Return On Equity
(10.99)
The market value of ProMIS Neurosciences is measured differently than its book value, which is the value of ProMIS that is recorded on the company's balance sheet. Investors also form their own opinion of ProMIS Neurosciences' value that differs from its market value or its book value, called intrinsic value, which is ProMIS Neurosciences' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProMIS Neurosciences' market value can be influenced by many factors that don't directly affect ProMIS Neurosciences' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProMIS Neurosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if ProMIS Neurosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProMIS Neurosciences' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.