QNTM Chart
About

Quantum BioPharma Ltd., together with its subsidiaries, operates as a biopharmaceutical company. It operates through two segments, Biopharmaceutical Innovation and Strategic Investments. The company researches and develops a portfolio of assets and biotech solutions for the treatment of neurodegenerative, inflammatory and metabolic disorders, and alcohol misuse disorders with drug candidates in different stages of development. Its lead compound is Lucid-MS, a patented new chemical entity that is in Phase 2 clinical trial to prevent and reverse myelin degradation, the underlying mechanism of multiple sclerosis, in preclinical models. It also develops FSD-PEA, which is in preparation for Phase 2 trial for the treatment of inflammatory diseases, such as mast cell activation syndrome; Lucid-PSYCH to treat major depressive disorder; and unbuzzd, a dietary supplement for the treatment of alcohol misuse. In addition, the company maintains a portfolio of strategic investments comprising loans secured by residential property. The company was formerly known as FSD Pharma Inc. and changed its name to Quantum BioPharma Ltd., in August 2024. Quantum BioPharma Ltd. was founded in 1998 and is headquartered in Toronto, Canada.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 14.64M
Enterprise Value 13.84M Income -28.51M Sales —
Book/sh 2.27 Cash/sh 0.28 Dividend Yield —
Payout 0.00% Employees — IPO —
P/E — Forward P/E -0.49 PEG —
P/S — P/B 1.68 P/C —
EV/EBITDA -0.74 EV/Sales — Quick Ratio 0.60
Current Ratio 1.41 Debt/Eq 34.06 LT Debt/Eq —
EPS (ttm) -9.55 EPS next Y -7.80 EPS Growth —
Revenue Growth — Earnings 2025-11-06 16:00 ROA -72.22%
ROE -251.26% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 3.84M
Shs Float 3.58M Short Float 2.04% Short Ratio 1.16
Short Interest — 52W High 38.25 52W Low 3.51
Beta 0.81 Avg Volume 104.74K Volume 22.82K
Target Price — Recom None Prev Close $3.54
Price $3.81 Change 7.63%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$3.81
Latest analyst target
3. DCF / Fair value
$-40.20
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.81
Low
—
High
—
Mean
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Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 15 271.0 — Acquisition under a prospectus exemption at price 18.12 per share. Durkacz (Anthony John) 10% Security Holder of Issuer — 2025-12-10 00:00:00 I
1 15 271.0 — Acquisition under a prospectus exemption at price 18.12 per share. Saeed (Zeeshan) Director of Issuer — 2025-12-10 00:00:00 I
2 6967 68415.0 — Disposition in the public market at price 9.82 per share. Carroll (Donal) Director of Issuer — 2025-11-26 00:00:00 D
3 500 4739.0 — Disposition in the public market at price 9.48 per share. Carroll (Donal) Director of Issuer — 2025-11-26 00:00:00 D
4 14000 94220.0 — Disposition in the public market at price 6.73 per share. Carroll (Donal) Director of Issuer — 2025-11-25 00:00:00 D
5 13000 81250.0 — Disposition in the public market at price 6.25 per share. Carroll (Donal) Director of Issuer — 2025-11-24 00:00:00 D
6 8000 46880.0 — Disposition in the public market at price 5.86 per share. Carroll (Donal) Director of Issuer — 2025-11-21 00:00:00 D
7 16000 100480.0 — Disposition in the public market at price 6.28 per share. Carroll (Donal) Director of Issuer — 2025-11-20 00:00:00 D
8 6100 41358.0 — Disposition in the public market at price 6.78 per share. Carroll (Donal) Director of Issuer — 2025-11-18 00:00:00 D
9 21245 134480.0 — Disposition in the public market at price 6.33 per share. Carroll (Donal) Director of Issuer — 2025-11-18 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-14.82M-11.34M-22.41M-29.65M
TotalUnusualItems439.20K-4.39M287.58K-175.98K
TotalUnusualItemsExcludingGoodwill439.20K-4.39M287.58K-175.98K
NetIncomeFromContinuingOperationNetMinorityInterest-14.20M-17.90M-26.70M-33.94M
ReconciledDepreciation490.57K2.51M4.53M4.05M
EBITDA-14.38M-15.72M-22.12M-29.82M
EBIT-14.87M-18.23M-26.65M-33.87M
NetInterestIncome525.31K786.06K318.91K-68.11K
InterestExpense47.58K299.0048.82K69.40K
InterestIncome572.89K786.36K367.74K1.29K
NormalizedIncome-14.64M-13.52M-26.99M-33.76M
NetIncomeFromContinuingAndDiscontinuedOperation-14.20M-17.90M-23.61M-35.29M
TotalExpenses15.88M19.57M27.43M33.74M
TotalOperatingIncomeAsReported-16.14M-23.79M-27.43M-33.74M
DilutedAverageShares1.14M609.06K595.88K537.62K
BasicAverageShares1.14M609.06K595.88K537.62K
DilutedEPS-13.12-29.93-39.61-65.65
BasicEPS-13.12-29.93-39.61-65.65
DilutedNIAvailtoComStockholders-14.20M-17.90M-23.61M-35.29M
NetIncomeCommonStockholders-14.20M-17.90M-23.61M-35.29M
NetIncome-14.20M-17.90M-23.61M-35.29M
MinorityInterests712.80K328.41K0.000.00
NetIncomeIncludingNoncontrollingInterests-14.92M-18.23M-23.61M-35.29M
NetIncomeDiscontinuousOperations0.000.003.10M-1.35M
NetIncomeContinuousOperations-14.92M-18.23M-26.70M-33.94M
PretaxIncome-14.92M-18.23M-26.70M-33.94M
OtherIncomeExpense443.19K553.46K407.04K-126.18K
OtherNonOperatingIncomeExpenses3.99K4.94M119.45K49.79K
SpecialIncomeCharges732.42K-4.56M0.000.00
OtherSpecialCharges-732.42K
ImpairmentOfCapitalAssets0.004.56M0.000.00
GainOnSaleOfSecurity-293.21K170.25K287.58K-175.98K
NetNonOperatingInterestIncomeExpense525.31K786.06K318.91K-68.11K
InterestExpenseNonOperating47.58K299.0048.82K69.40K
InterestIncomeNonOperating572.89K786.36K367.74K1.29K
OperatingIncome-15.88M-19.57M-27.43M-33.74M
OperatingExpense15.88M19.57M27.43M33.74M
DepreciationAmortizationDepletionIncomeStatement490.57K2.51M4.54M4.05M
DepreciationAndAmortizationInIncomeStatement490.57K2.51M4.54M4.05M
ResearchAndDevelopment6.08M3.86M6.91M6.33M
SellingGeneralAndAdministration9.31M13.20M15.98M23.37M
GeneralAndAdministrativeExpense9.31M13.20M15.98M23.37M
OtherGandA6.50M7.51M14.45M15.93M
SalariesAndWages2.81M5.69M1.53M7.44M
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber2.30M605.80K592.37K622.32K
ShareIssued2.30M605.80K592.37K622.32K
TotalDebt824.92K339.20K516.42K555.90K
TangibleBookValue6.55M7.88M18.50M37.93M
InvestedCapital12.25M13.54M30.84M54.43M
WorkingCapital5.37M6.52M10.02M37.23M
NetTangibleAssets6.55M7.88M18.50M37.93M
CapitalLeaseObligations53.78K38.65K215.87K255.36K
CommonStockEquity11.48M13.24M30.54M54.13M
TotalCapitalization11.48M13.24M30.54M54.13M
TotalEquityGrossMinorityInterest10.44M12.91M30.54M54.13M
MinorityInterest-1.04M-327.50K0.00
StockholdersEquity11.48M13.24M30.54M54.13M
OtherEquityInterest2.00M2.72M2.14M5.14M
GainsLossesNotAffectingRetainedEarnings50.80K417.34K652.60K239.61K
ForeignCurrencyTranslationAdjustments50.80K417.34K652.60K239.61K
RetainedEarnings-172.11M-157.91M-144.16M-126.15M
AdditionalPaidInCapital31.07M30.23M28.50M22.58M
CapitalStock150.47M137.78M143.41M152.32M
CommonStock150.47M137.78M143.41M152.32M
TotalLiabilitiesNetMinorityInterest6.68M4.57M7.87M8.83M
TotalNonCurrentLiabilitiesNetMinorityInterest0.000.0038.00K131.04K
LongTermDebtAndCapitalLeaseObligation0.0038.00K131.04K
LongTermCapitalLeaseObligation0.0038.00K131.04K
CurrentLiabilities6.68M4.57M7.83M8.70M
OtherCurrentLiabilities492.00K31.34K243.59K765.40K
CurrentDeferredLiabilities1.00M0.00
CurrentDeferredRevenue1.00M0.00
CurrentDebtAndCapitalLeaseObligation824.92K339.20K478.42K424.86K
CurrentCapitalLeaseObligation53.78K38.65K177.87K124.31K
CurrentDebt771.14K300.55K300.55K300.55K
OtherCurrentBorrowings152.11K
CurrentNotesPayable619.03K300.55K300.55K300.55K
PensionandOtherPostRetirementBenefitPlansCurrent0.0046.03K
PayablesAndAccruedExpenses4.36M4.20M7.11M7.46M
CurrentAccruedExpenses1.11M954.37K4.35M4.41M
InterestPayable409.19K409.19K409.19K364.27K
Payables3.25M3.24M2.76M3.06M
OtherPayable59.70K
AccountsPayable3.25M3.24M2.76M3.00M
TotalAssets17.12M17.47M38.41M62.96M
TotalNonCurrentAssets5.07M6.39M20.56M17.03M
NonCurrentNoteReceivables0.00907.37K7.43M0.00
NonCurrentAccountsReceivable907.37K
InvestmentsAndAdvances2.22K6.05K827.61K660.23K
OtherInvestments2.22K6.05K827.61K660.23K
InvestmentinFinancialAssets2.22K6.05K
AvailableForSaleSecurities2.22K6.05K
GoodwillAndOtherIntangibleAssets4.93M5.36M12.04M16.20M
OtherIntangibleAssets4.93M5.36M12.04M16.20M
NetPPE130.38K120.42K260.93K168.31K
GrossPPE130.38K120.42K260.93K168.31K
OtherProperties130.38K120.42K260.93K168.31K
CurrentAssets12.05M11.09M17.85M45.93M
OtherCurrentAssets861.23K
AssetsHeldForSaleCurrent0.008.65M
PrepaidAssets69.04K155.41K472.14K1.37M
Inventory117.24K0.00
FinishedGoods65.27K
RawMaterials51.97K
Receivables3.81M7.42M374.38K500.96K
OtherReceivables7.04K3.70K228.75K
TaxesReceivable367.48K209.55K279.33K272.21K
AccruedInterestReceivable156.0015.51K95.04K0.00
LoansReceivable3.43M7.19M0.00
CashCashEquivalentsAndShortTermInvestments7.20M3.51M17.00M35.42M
OtherShortTermInvestments1.20M756.10K23.19K158.04K
CashAndCashEquivalents6.00M2.76M16.98M35.26M
CashFinancial35.26M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-6.88M-10.83M-28.70M-21.25M
RepurchaseOfCapitalStock0.00-2.96M-1.93M0.00
RepaymentOfDebt-63.59K-189.05K-143.07K-129.32K
IssuanceOfDebt1.01M0.000.00
IssuanceOfCapitalStock10.67M34.000.0038.34M
CapitalExpenditure-363.96K-500.00K
EndCashPosition6.00M2.76M16.98M35.26M
BeginningCashPosition2.76M16.98M35.26M17.52M
ChangesInCash3.24M-14.22M-18.28M17.73M
FinancingCashFlow11.62M-3.13M-2.07M38.21M
CashFromDiscontinuedFinancingActivities0.000.00
CashFlowFromContinuingFinancingActivities11.62M-3.13M-2.07M38.21M
ProceedsFromStockOptionExercised0.0020.25K0.000.00
NetCommonStockIssuance10.67M-2.96M-1.93M38.34M
CommonStockPayments0.00-2.96M-1.93M0.00
CommonStockIssuance10.67M34.000.0038.34M
NetIssuancePaymentsOfDebt948.25K-189.05K-143.07K-129.32K
NetShortTermDebtIssuance1.01M0.000.00-71.76K
ShortTermDebtPayments0.000.00-71.76K
ShortTermDebtIssuance1.01M0.000.00
NetLongTermDebtIssuance-63.59K-189.05K-143.07K-57.57K
LongTermDebtPayments-63.59K-189.05K-143.07K-57.57K
InvestingCashFlow-1.50M-269.58K12.12M268.96K
CashFromDiscontinuedInvestingActivities0.000.0012.73M0.00
CashFlowFromContinuingInvestingActivities-1.50M-269.58K-607.53K268.96K
NetInvestmentPurchaseAndSale-1.50M-301.36K-243.58K0.00
SaleOfInvestment6.19M443.14K158.04K0.00
PurchaseOfInvestment-7.69M-744.50K-401.61K0.00
NetBusinessPurchaseAndSale0.0031.78K0.00768.96K
SaleOfBusiness0.0031.78K0.00768.96K
NetIntangiblesPurchaseAndSale0.000.00-250.00K-500.00K
PurchaseOfIntangibles0.000.00-250.00K-500.00K
NetPPEPurchaseAndSale0.000.00-113.96K0.00
PurchaseOfPPE0.000.00-113.96K0.00
OperatingCashFlow-6.88M-10.83M-28.33M-20.75M
CashFromDiscontinuedOperatingActivities0.000.00-1.14M-1.38M
CashFlowFromContinuingOperatingActivities-6.88M-10.83M-27.19M-19.36M
ChangeInWorkingCapital9.76M1.64M-7.12M2.89M
ChangeInOtherWorkingCapital1.00M
ChangeInPayablesAndAccruedExpense4.27M2.05M-699.78K3.60M
ChangeInPayable4.27M2.05M-699.78K3.60M
ChangeInPrepaidAssets86.38K316.72K795.93K-609.15K
ChangeInInventory-117.24K0.000.00
ChangeInReceivables4.52M-728.72K-7.22M-106.88K
OtherNonCashItems23.90K24.29K40.79K19.61K
StockBasedCompensation152.21K3.84M1.53M7.44M
UnrealizedGainLossOnInvestmentSecurities145.47K378.43K234.23K858.48K
AssetImpairmentCharge0.004.56M0.000.00
DepreciationAmortizationDepletion490.57K2.51M4.53M4.05M
DepreciationAndAmortization490.57K2.51M4.53M4.05M
Depreciation4.05M
OperatingGainsLosses-2.53M-5.53M292.84K-682.51K
GainLossOnInvestmentSecurities-104.48K-5.15M-641.26K-682.51K
NetForeignCurrencyExchangeGainLoss-1.69M-383.51K934.10K0.00
NetIncomeFromContinuingOperations-14.92M-18.23M-26.70M-33.94M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for QNTM
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