EDSA Chart
About

Edesa Biotech, Inc., a clinical-stage biopharmaceutical company, engages in the research and development, manufacture, and commercialization of pharmaceutical products for inflammatory and immune-related diseases. It develops EB05, a monoclonal antibody, which is in Phase 3 clinical study for the treatment of acute respiratory distress syndrome; and EB01, a topical vanishing cream containing non-steroidal anti-inflammatory compound that has completed Phase 3 clinical study to treat chronic allergic contact dermatitis. The company develops EB07, a monoclonal antibody, which is in a Phase 2 clinical study for the treatment of pulmonary fibrosis; and EB06, a human monoclonal antibody candidate that binds to chemokine ligand 10 (CXCL10) and inhibits the interaction of CXCL10 with its receptors, CXCR3A, and CXCR3B. It has a collaboration agreement with NovImmune SA to develop monoclonal antibodies targeting products containing toll-like receptor 4 and CXCL10 for therapeutic, prophylactic, and diagnostic applications in humans and animals; and Yissum Research Development Company for the development of products for therapeutic, prophylactic, and diagnostic uses in topical dermal and anorectal applications, as well as for the use in dermatologic and gastrointestinal conditions. The company was founded in 2015 and is headquartered in Markham, Canada.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 12.61M
Enterprise Value 9.85M Income -7.82M Sales —
Book/sh 0.56 Cash/sh 1.44 Dividend Yield —
Payout 0.00% Employees 17 IPO —
P/E — Forward P/E -0.78 PEG —
P/S — P/B 2.70 P/C —
EV/EBITDA -1.19 EV/Sales — Quick Ratio 16.51
Current Ratio 16.82 Debt/Eq — LT Debt/Eq —
EPS (ttm) -1.07 EPS next Y -1.93 EPS Growth —
Revenue Growth — Earnings 2026-02-13 16:00 ROA -55.33%
ROE -96.39% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 8.35M
Shs Float 4.75M Short Float 0.39% Short Ratio 0.47
Short Interest — 52W High 2.95 52W Low 0.72
Beta 0.21 Avg Volume 162.90K Volume 95.41M
Target Price $11.00 Recom Strong_buy Prev Close $0.90
Price $1.51 Change 67.96%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$11.00
Mean price target
2. Current target
$1.51
Latest analyst target
3. DCF / Fair value
$-11.58
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.51
Low
$5.00
High
$19.00
Mean
$11.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-03 reit HC Wainwright & Co. Buy → Buy $5
2025-03-13 reit HC Wainwright & Co. Buy → Buy $21
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 11168 — — Stock Award(Grant) at price 0.00 per share. NIJHAWAN PARDEEP Chief Executive Officer — 2026-02-02 00:00:00 D
1 10444 — — Stock Award(Grant) at price 0.00 per share. NIJHAWAN PARDEEP Chief Executive Officer — 2026-01-05 00:00:00 D
2 8766 — — Stock Award(Grant) at price 0.00 per share. NIJHAWAN PARDEEP Chief Executive Officer — 2025-12-01 00:00:00 D
3 6968 — — Stock Award(Grant) at price 0.00 per share. NIJHAWAN PARDEEP Chief Executive Officer — 2025-11-03 00:00:00 D
4 5908 — — Stock Award(Grant) at price 0.00 per share. NIJHAWAN PARDEEP Chief Executive Officer — 2025-10-02 00:00:00 D
5 5981 — — Stock Award(Grant) at price 0.00 per share. NIJHAWAN PARDEEP Chief Executive Officer — 2025-09-11 00:00:00 D
6 6802 — — Stock Award(Grant) at price 0.00 per share. NIJHAWAN PARDEEP Chief Executive Officer — 2025-08-01 00:00:00 D
7 7186 — — Stock Award(Grant) at price 0.00 per share. NIJHAWAN PARDEEP Chief Executive Officer — 2025-07-02 00:00:00 D
8 270844 — — Stock Award(Grant) at price 0.00 per share. NIJHAWAN PARDEEP Chief Executive Officer — 2025-06-02 00:00:00 D
9 11000 — — Stock Award(Grant) at price 0.00 per share. OLSON CHARLES V Director — 2025-05-29 00:00:00 D
Financials
Line Item2025-09-302024-09-302023-09-302022-09-30
TaxEffectOfUnusualItems-8.94K-3.16K-8.70K-5.53K
TaxRateForCalcs0.150.150.400.26
NormalizedEBITDA-6.95M-6.11M-8.44M-17.45M
TotalUnusualItems-59.61K-21.04K-21.74K-21.11K
TotalUnusualItemsExcludingGoodwill-59.61K-21.04K-21.74K-21.11K
NetIncomeFromContinuingOperationNetMinorityInterest-7.19M-6.17M-8.37M-17.55M
ReconciledDepreciation119.27K186.05K183.47K118.19K
ReconciledCostOfRevenue0.00
EBITDA-7.01M-6.13M-8.46M-17.47M
EBIT-7.13M-6.32M-8.64M-17.59M
NetInterestIncome2.56K153.50K289.85K63.52K
InterestIncome2.56K153.50K289.85K63.52K
NormalizedIncome-7.13M-6.15M-8.36M-17.53M
NetIncomeFromContinuingAndDiscontinuedOperation-7.19M-6.17M-8.37M-17.55M
TotalExpenses7.13M6.32M8.64M17.59M
TotalOperatingIncomeAsReported-7.91M-7.01M-9.22M-18.37M
DilutedAverageShares5.68M3.20M2.86M2.38M
BasicAverageShares5.68M3.20M2.86M2.38M
DilutedEPS-1.27-1.93-2.93-7.35
BasicEPS-1.27-1.93-2.93-7.35
DilutedNIAvailtoComStockholders-7.19M-6.17M-8.37M-17.55M
NetIncomeCommonStockholders-7.19M-6.17M-8.37M-17.55M
NetIncome-7.19M-6.17M-8.37M-17.55M
NetIncomeIncludingNoncontrollingInterests-7.19M-6.17M-8.37M-17.55M
NetIncomeContinuousOperations-7.19M-6.17M-8.37M-17.55M
TaxProvision800.00800.00800.00800.00
PretaxIncome-7.18M-6.17M-8.37M-17.55M
OtherIncomeExpense-59.61K-6.28K-21.74K-21.11K
OtherNonOperatingIncomeExpenses14.77K
GainOnSaleOfSecurity-59.61K-21.04K-21.74K-21.11K
NetNonOperatingInterestIncomeExpense2.56K153.50K289.85K63.52K
InterestIncomeNonOperating2.56K153.50K289.85K63.52K
OperatingIncome-7.13M-6.32M-8.64M-17.59M
OperatingExpense7.13M6.32M8.64M17.59M
OtherOperatingExpenses-783.89K-698.28K-581.04K-780.26K
ResearchAndDevelopment3.67M2.88M4.79M13.34M
SellingGeneralAndAdministration4.24M4.13M4.43M5.04M
GeneralAndAdministrativeExpense4.24M4.13M4.43M5.04M
OtherGandA4.24M4.13M4.43M5.04M
GrossProfit0.00
CostOfRevenue0.00
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2025-09-302024-09-302023-09-302022-09-30
OrdinarySharesNumber7.14M3.25M3.08M2.38M
ShareIssued7.14M3.25M3.08M2.38M
TotalDebt0.0019.87K94.49K18.98K
TangibleBookValue1.21M-97.69K4.87M7.11M
InvestedCapital3.19M1.98M7.05M9.39M
WorkingCapital10.43M-157.21K4.61M6.95M
NetTangibleAssets10.47M-97.69K4.87M7.11M
CapitalLeaseObligations0.0019.87K94.49K18.98K
CommonStockEquity3.19M1.98M7.05M9.39M
PreferredStockEquity9.26M
TotalCapitalization12.45M1.98M7.05M9.39M
TotalEquityGrossMinorityInterest12.45M1.98M7.05M9.39M
StockholdersEquity12.45M1.98M7.05M9.39M
OtherEquityInterest-213.60K-205.26K
GainsLossesNotAffectingRetainedEarnings-165.77K-242.61K-214.65K-213.60K
OtherEquityAdjustments-165.77K-242.61K-214.65K-213.60K
RetainedEarnings-65.91M-58.59M-52.42M-44.04M
AdditionalPaidInCapital14.75M13.58M13.04M11.18M
CapitalStock63.78M47.24M46.64M42.47M
CommonStock54.52M47.24M46.64M42.47M
PreferredStock9.26M0.00
TotalLiabilitiesNetMinorityInterest1.08M1.83M1.84M2.18M
TotalNonCurrentLiabilitiesNetMinorityInterest0.000.0019.77K43.66K
PreferredSecuritiesOutsideStockEquity0.00
TradeandOtherPayablesNonCurrent0.0043.66K47.20K
LongTermDebtAndCapitalLeaseObligation0.0019.77K0.0020.51K
LongTermCapitalLeaseObligation0.0019.77K0.0020.51K
CurrentLiabilities1.08M1.83M1.82M2.14M
CurrentDebtAndCapitalLeaseObligation19.87K74.71K18.98K78.81K
CurrentCapitalLeaseObligation0.0019.87K74.71K18.98K
PayablesAndAccruedExpenses1.08M1.81M1.75M2.12M
TotalAssets13.53M3.81M8.89M11.58M
TotalNonCurrentAssets2.02M2.14M2.45M2.48M
NonCurrentPrepaidAssets39.97K41.15K173.49K171.46K
GoodwillAndOtherIntangibleAssets1.98M2.08M2.18M2.28M
OtherIntangibleAssets1.98M2.08M2.18M2.28M
NetPPE0.0018.36K100.08K31.16K
AccumulatedDepreciation-52.55K-43.85K-39.52K-33.85K
GrossPPE0.0018.36K143.92K70.68K
OtherProperties18.36K91.37K18.46K96.57K
MachineryFurnitureEquipment52.55K52.55K52.21K48.84K
BuildingsAndImprovements18.46K96.57K
Properties0.000.00
CurrentAssets11.51M1.68M6.44M9.09M
OtherCurrentAssets77.84K367.39K448.91K745.54K
PrepaidAssets745.54K948.64K
Receivables642.87K270.91K626.54K1.26M
AccountsReceivable642.87K270.91K626.54K1.26M
CashCashEquivalentsAndShortTermInvestments10.79M1.04M5.36M7.09M
CashAndCashEquivalents10.79M1.04M5.36M7.09M
Line Item2025-09-302024-09-302023-09-302022-09-30
FreeCashFlow-7.32M-4.89M-6.64M-12.28M
RepaymentOfDebt0.00-29.53K0.00
IssuanceOfDebt0.00
IssuanceOfCapitalStock17.60M729.39K4.35M11.96M
CapitalExpenditure-5.66K-6.15K
EndCashPosition10.79M1.04M5.36M7.09M
BeginningCashPosition1.04M5.36M7.09M7.84M
EffectOfExchangeRateChanges46.22K-25.90K76.85K-93.01K
ChangesInCash9.71M-4.30M-1.81M-655.33K
FinancingCashFlow17.03M592.03K4.83M11.63M
CashFlowFromContinuingFinancingActivities17.03M592.03K4.83M11.63M
NetOtherFinancingCharges-544.11K-107.82K-285.44K-328.06K
ProceedsFromStockOptionExercised-23.45K0.00770.53K0.00
NetPreferredStockIssuance9.88M0.00
PreferredStockIssuance9.88M0.00
NetCommonStockIssuance7.72M729.39K4.35M11.96M
CommonStockIssuance7.72M729.39K4.35M11.96M
NetIssuancePaymentsOfDebt0.00-29.53K0.000.00
NetShortTermDebtIssuance0.00-29.53K
ShortTermDebtPayments0.00-29.53K
NetLongTermDebtIssuance-29.53K0.000.00
LongTermDebtPayments-29.53K0.00
LongTermDebtIssuance0.00
InvestingCashFlow0.00-5.66K-6.15K
CashFlowFromContinuingInvestingActivities0.00-5.66K-6.15K
NetInvestmentPurchaseAndSale0.00
SaleOfInvestment0.00
PurchaseOfInvestment0.00
NetIntangiblesPurchaseAndSale0.00
PurchaseOfIntangibles0.00
NetPPEPurchaseAndSale0.00-5.66K-6.15K
SaleOfPPE0.00
PurchaseOfPPE0.00-5.66K-6.15K
OperatingCashFlow-7.32M-4.89M-6.64M-12.28M
CashFlowFromContinuingOperatingActivities-7.32M-4.89M-6.64M-12.28M
ChangeInWorkingCapital-985.65K571.07K308.00K2.89M
ChangeInPayablesAndAccruedExpense-715.50K17.59K-556.27K882.84K
ChangeInPrepaidAssets107.83K197.14K301.50K-19.50K
ChangeInReceivables-377.99K356.34K562.77K2.03M
OtherNonCashItems-14.77K
StockBasedCompensation729.64K537.49K1.25M2.26M
DepreciationAmortizationDepletion119.27K186.05K183.47K118.19K
DepreciationAndAmortization119.27K186.05K183.47K118.19K
NetIncomeFromContinuingOperations-7.19M-6.17M-8.37M-17.55M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for EDSA
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