Bright Minds Biosciences Inc. Logo

Bright Minds Biosciences Inc.

DRUG.CN

(1.2)
Stock Price

1,47 CAD

-110.1% ROA

-92.92% ROE

-4.14x PER

Market Cap.

10.332.955,00 CAD

1.11% DER

0% Yield

0% NPM

Bright Minds Biosciences Inc. Stock Analysis

Bright Minds Biosciences Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Bright Minds Biosciences Inc. Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.17x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a minimal amount of debt (1%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

4 ROE

The stock's ROE indicates a negative return (-93.83%) on shareholders' equity, suggesting poor financial performance.

5 ROA

The stock's ROA (-105.86%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

6 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

7 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

8 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

10 Dividend

Investors should note the absence of dividends from the company in the last three years, indicating potential financial challenges.

11 Buffet Intrinsic Value

The company's stock shows signs of being overvalued (0) according to Warren Buffett's formula, indicating a potential downside as its market price exceeds its estimated intrinsic value.

Bright Minds Biosciences Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Bright Minds Biosciences Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Bright Minds Biosciences Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Bright Minds Biosciences Inc. Revenue
Year Revenue Growth
2020 0
2021 0 0%
2022 0 0%
2023 0 0%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Bright Minds Biosciences Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2020 354.852
2021 6.313.988 94.38%
2022 12.180.938 48.17%
2023 4.365.260 -179.04%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Bright Minds Biosciences Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2020 104.888
2021 1.438.315 92.71%
2022 1.999.211 28.06%
2023 1.690.256 -18.28%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Bright Minds Biosciences Inc. EBITDA
Year EBITDA Growth
2020 -469.358
2021 -8.758.553 94.64%
2022 -14.736.127 40.56%
2023 -6.503.016 -126.6%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Bright Minds Biosciences Inc. Gross Profit
Year Gross Profit Growth
2020 0
2021 0 0%
2022 0 0%
2023 0 0%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Bright Minds Biosciences Inc. Net Profit
Year Net Profit Growth
2020 -485.945
2021 -8.515.329 94.29%
2022 -15.187.718 43.93%
2023 -6.111.992 -148.49%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Bright Minds Biosciences Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2020 0
2021 -5 100%
2022 -1 -300%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Bright Minds Biosciences Inc. Free Cashflow
Year Free Cashflow Growth
2020 -288.392
2021 -7.319.301 96.06%
2022 -13.587.116 46.13%
2023 -1.197.524 -1034.6%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Bright Minds Biosciences Inc. Operating Cashflow
Year Operating Cashflow Growth
2020 -288.392
2021 -7.319.301 96.06%
2022 -13.587.116 46.13%
2023 -1.197.524 -1034.6%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Bright Minds Biosciences Inc. Capital Expenditure
Year Capital Expenditure Growth
2020 0
2021 0 0%
2022 0 0%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Bright Minds Biosciences Inc. Equity
Year Equity Growth
2020 729.293
2021 19.401.795 96.24%
2022 10.542.512 -84.03%
2023 6.598.216 -59.78%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Bright Minds Biosciences Inc. Assets
Year Assets Growth
2020 880.216
2021 20.040.368 95.61%
2022 12.086.984 -65.8%
2023 6.879.072 -75.71%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Bright Minds Biosciences Inc. Liabilities
Year Liabilities Growth
2020 150.923
2021 638.573 76.37%
2022 1.544.472 58.65%
2023 280.856 -449.92%

Bright Minds Biosciences Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0
Net Income per Share
-0.6
Price to Earning Ratio
-4.14x
Price To Sales Ratio
0x
POCF Ratio
-6.24
PFCF Ratio
-2.06
Price to Book Ratio
4.75
EV to Sales
0
EV Over EBITDA
-0.51
EV to Operating CashFlow
-0.73
EV to FreeCashFlow
-0.73
Earnings Yield
-0.24
FreeCashFlow Yield
-0.49
Market Cap
0,01 Bil.
Enterprise Value
0,00 Bil.
Graham Number
2.67
Graham NetNet
0.52

Income Statement Metrics

Net Income per Share
-0.6
Income Quality
0.68
ROE
-0.88
Return On Assets
-0.99
Return On Capital Employed
-1.12
Net Income per EBT
1.01
EBT Per Ebit
1
Ebit per Revenue
0
Effective Tax Rate
-0

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0
Operating Profit Margin
0
Pretax Profit Margin
0
Net Profit Margin
0

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.4
Free CashFlow per Share
-0.4
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
-1.1
Return on Tangible Assets
-1.1
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
0,54
Book Value per Share
0,53
Tangible Book Value per Share
0.53
Shareholders Equity per Share
0.53
Interest Debt per Share
0.02
Debt to Equity
0.01
Debt to Assets
0.01
Net Debt to EBITDA
0.93
Current Ratio
24.26
Tangible Asset Value
0,01 Bil.
Net Current Asset Value
0,01 Bil.
Invested Capital
0.01
Working Capital
0,01 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
0.01

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Bright Minds Biosciences Inc. Dividends
Year Dividends Growth

Bright Minds Biosciences Inc. Profile

About Bright Minds Biosciences Inc.

Bright Minds Biosciences Inc., a pre-clinical biosciences company, develops 5-HT (serotonin) medicines to improve the lives of patients with severe and life-altering diseases. Its portfolio of selective 5-HT receptor agonists comprises 5-HT2C, 5-HT2A, and 5-HT2C/A for the treatment of epilepsy, pain, and neuropsychiatry. The company has collaboration with National Institutes of Health for the treatment of epilepsy; University of Texas Medical Branch to treat impulse control disorders, such as binge eating; and Medical College of Wisconsin. The company was incorporated in 2019 and is headquartered in Vancouver, Canada.

CEO
Mr. Ian McDonald
Employee
0
Address
1500 – 1055 West Georgia Street
Vancouver, V6E 4N7

Bright Minds Biosciences Inc. Executives & BODs

Bright Minds Biosciences Inc. Executives & BODs
# Name Age
1 Mr. Ian McDonald
Co-Founder, Chief Executive Officer, President & Director
70
2 Dr. Emer Leahy M.B.A., Ph.D.
Consultant
70
3 Dr. Mark A. Smith M.D., Ph.D.
Chief Medical Officer
70
4 Mr. Ryan E. S. K. Cheung B.Com., CA, CPA
Chief Financial Officer
70
5 Dr. Jan Torleif Pedersen M.Sc., Ph.D.
Chief Science Officer & Director
70

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