IXHL: Incannex Healthcare Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Incannex Healthcare Inc (IXHL).

OverviewDividends

$46.67M Market Cap.

As of 05/15/2025 5:00 PM ET (MRY) • Disclaimer

IXHL Market Cap. (MRY)


IXHL Shares Outstanding (MRY)


IXHL Assets (MRY)


Total Assets

$17.05M

Total Liabilities

$5.83M

Total Investments

$0

IXHL Income (MRY)


Revenue

$12.00K

Net Income

-$18.46M

Operating Expense

$30.05M

IXHL Cash Flow (MRY)


CF Operations

-$15.85M

CF Investing

-$277.00K

CF Financing

$0

IXHL Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$17,047,000 (-28.32%)

$23,783,000 (-37.21%)

$37,879,608 (306.05%)

$9,328,795 (120.22%)

Assets Current

$16,202,000 (-29.55%)

$22,997,000 (-39.29%)

$37,879,608 (306.05%)

$9,328,795 (120.22%)

Assets Non-Current

$845,000 (7.51%)

$786,000 (0%)

$0 (0%)

$0 (0%)

Goodwill & Intangible Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Shareholders Equity

$11,217,000 (-46.14%)

$20,825,000 (-38.49%)

$33,858,542 (333.05%)

$7,818,697 (124.04%)

Property Plant & Equipment Net

$845,000 (7.51%)

$786,000 (0%)

$0 (0%)

$0 (0%)

Cash & Equivalents

$5,858,000 (-73.52%)

$22,120,000 (-41.01%)

$37,500,931 (311.03%)

$9,123,617 (153.20%)

Accumulated Other Comprehensive Income

-$3,332,000 (-2.37%)

-$3,255,000 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$0 (0%)

$0 (0%)

$294,717 (74.30%)

$169,088 (-59.09%)

Trade & Non-Trade Payables

$612,000 (-64.99%)

$1,748,000 (-13.06%)

$2,010,533 (166.28%)

$755,049 (-20.94%)

Accumulated Retained Earnings (Deficit)

-$110,671,000 (-20.02%)

-$92,212,000 (-56.84%)

-$58,794,910 (-33.96%)

-$43,891,002 (-34.97%)

Tax Assets

$9,837,000 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$373,000 (-28.41%)

$521,000 (0%)

$0 (0%)

$0 (0%)

Debt Current

$163,000 (44.25%)

$113,000 (0%)

$0 (0%)

$0 (0%)

Debt Non-Current

$210,000 (-48.53%)

$408,000 (0%)

$0 (0%)

$0 (0%)

Total Liabilities

$5,830,000 (97.09%)

$2,958,000 (47.13%)

$2,010,533 (166.28%)

$755,049 (-29.54%)

Liabilities Current

$5,620,000 (120.39%)

$2,550,000 (26.83%)

$2,010,533 (166.28%)

$755,049 (-29.54%)

Liabilities Non-Current

$210,000 (-48.53%)

$408,000 (0%)

$0 (0%)

$0 (0%)

IXHL Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$12,000 (0%)

$0 (0%)

$0 (0%)

$1,973,344 (140.05%)

Cost of Revenue

$0 (0%)

$0 (0%)

$6,338 (-99.31%)

$911,969 (102.50%)

Selling General & Administrative Expense

$17,174,000 (114.35%)

$8,012,000 (-8.07%)

$8,715,228 (23.02%)

$7,084,617 (336.00%)

Research & Development Expense

$12,879,000 (104.14%)

$6,309,000 (17.45%)

$5,371,821 (13.10%)

$4,749,514 (125.03%)

Operating Expenses

$30,053,000 (-39.49%)

$49,668,000 (216.63%)

$15,686,225 (26.15%)

$12,434,174 (189.10%)

Interest Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Income Tax Expense

$30,000 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$18,459,000 (62.18%)

-$48,811,000 (-227.50%)

-$14,903,909 (-31.05%)

-$11,372,799 (-142.10%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$18,459,000 (62.18%)

-$48,811,000 (-227.50%)

-$14,903,909 (-31.05%)

-$11,372,799 (-142.10%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$18,459,000 (62.18%)

-$48,811,000 (-227.50%)

-$14,903,909 (-31.05%)

-$11,372,799 (-142.10%)

Weighted Average Shares

$16,164,338 (5.07%)

$15,384,704 (27.30%)

$12,085,280 (0.00%)

$12,085,280 (0.00%)

Weighted Average Shares Diluted

$16,164,338 (5.07%)

$15,384,704

-

-

Earning Before Interest & Taxes (EBIT)

-$18,429,000 (62.24%)

-$48,811,000 (-227.50%)

-$14,903,909 (-31.05%)

-$11,372,799 (-142.10%)

Gross Profit

$12,000 (0%)

$0 (0%)

-$6,338 (-100.60%)

$1,061,375 (185.54%)

Operating Income

-$30,041,000 (39.52%)

-$49,668,000 (-216.51%)

-$15,692,563 (-37.98%)

-$11,372,799 (-189.44%)

IXHL Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$277,000 (12.34%)

-$316,000 (0%)

$0 (0%)

$29,277 (125.21%)

Net Cash Flow from Financing

$0 (0%)

$8,175,000 (-80.15%)

$41,184,687 (232.12%)

$12,400,730 (67.48%)

Net Cash Flow from Operations

-$15,845,000 (-47.41%)

-$10,749,000 (16.07%)

-$12,807,373 (-85.35%)

-$6,909,780 (-76.84%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$16,122,000 (-457.85%)

-$2,890,000 (-110.18%)

$28,377,314 (414.06%)

$5,520,227 (57.27%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$29,277 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

-$277,000 (12.34%)

-$316,000 (0%)

$0 (0%)

$0 (0%)

Issuance (Repayment) of Debt Securities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Issuance (Purchase) of Equity Shares

$0 (0%)

$8,175,000 (-80.15%)

$41,184,687 (232.12%)

$12,400,730 (66.02%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

-$140,000 (83.01%)

-$824,000 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$8,928,000 (315.45%)

$2,149,000 (0%)

$0 (0%)

$0 (0%)

Depreciation Amortization & Accretion

$103,000 (17.05%)

$88,000 (0%)

$0 (0%)

$0 (0%)

IXHL Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

100.00%

-

-

53.80% (19.03%)

Profit Margin

-153825.00%

-

-

-576.30% (-0.84%)

EBITDA Margin

-152716.70%

-

-

-576.30% (-0.84%)

Return on Average Equity (ROAE)

-115.20% (35.46%)

-178.50% (-149.65%)

-71.50% (-177.63%)

92.10% (232.49%)

Return on Average Assets (ROAA)

-90.40% (42.89%)

-158.30% (-150.87%)

-63.10% (62.37%)

-167.70% (15.13%)

Return on Sales (ROS)

-153575.00%

-

-

-576.30% (-0.84%)

Return on Invested Capital (ROIC)

-661.00% (-113.53%)

4886.30% (257.66%)

1366.20% (-40.61%)

2300.20% (128.63%)

Dividend Yield

0% (0%)

0% (0%)

0%

-

Price to Earnings Ratio (P/E)

-2.56 (-15.65%)

-2.21 (82.08%)

-12.34

-

Price to Sales Ratio (P/S)

3,960.29

-

-

-

Price to Book Ratio (P/B)

4.16 (-25.63%)

5.59 (1.64%)

5.5

-

Debt to Equity Ratio (D/E)

0.52 (266.20%)

0.14 (140.68%)

0.06 (-39.18%)

0.1 (393.94%)

Earnings Per Share (EPS)

-1.15 (65.36%)

-3.32 (-165.60%)

-1.25 (-7.76%)

-1.16 (-68.12%)

Sales Per Share (SPS)

0 (0%)

0 (0%)

0 (0%)

0.16 (139.71%)

Free Cash Flow Per Share (FCFPS)

-1 (-38.66%)

-0.72 (32.17%)

-1.06 (-85.31%)

-0.57 (-77.64%)

Book Value Per Share (BVPS)

0.69 (-48.74%)

1.35 (-51.68%)

2.8 (333.08%)

0.65 (124.04%)

Tangible Assets Book Value Per Share (TABVPS)

1.05 (-31.76%)

1.55 (-50.67%)

3.13 (305.96%)

0.77 (119.94%)

Enterprise Value Over EBIT (EV/EBIT)

-2 (0.00%)

-2 (81.82%)

-11

-

Enterprise Value Over EBITDA (EV/EBITDA)

-2.06 (-33.40%)

-1.54 (86.18%)

-11.18

-

Asset Turnover

0 (0%)

0 (0%)

0 (0%)

0.29 (-15.90%)

Current Ratio

2.88 (-68.03%)

9.02 (-52.14%)

18.84 (52.50%)

12.36 (212.55%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$16,122,000 (-45.70%)

-$11,065,000 (13.60%)

-$12,807,373 (-85.35%)

-$6,909,780 (-77.43%)

Enterprise Value (EV)

$37,770,952 (-49.84%)

$75,294,804 (-54.80%)

$166,584,513

-

Earnings Before Tax (EBT)

-$18,429,000 (62.24%)

-$48,811,000 (-227.50%)

-$14,903,909 (-31.05%)

-$11,372,799 (-142.10%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$18,326,000 (62.39%)

-$48,723,000 (-226.91%)

-$14,903,909 (-31.05%)

-$11,372,799 (-142.10%)

Invested Capital

$5,942,000 (1723.50%)

-$366,000 (77.57%)

-$1,631,856 (-196.77%)

-$549,871 (-25.27%)

Working Capital

$10,582,000 (-48.25%)

$20,447,000 (-43.00%)

$35,869,075 (318.36%)

$8,573,746 (170.94%)

Tangible Asset Value

$17,047,000 (-28.32%)

$23,783,000 (-37.21%)

$37,879,608 (306.05%)

$9,328,795 (120.22%)

Market Capitalization

$46,666,952 (-59.94%)

$116,486,561 (-37.49%)

$186,355,018

-

Average Equity

$16,021,000 (-41.40%)

$27,341,771 (31.21%)

$20,838,620 (268.74%)

-$12,349,753 (27.08%)

Average Assets

$20,415,000 (-33.78%)

$30,831,304 (30.62%)

$23,604,202 (248.02%)

$6,782,437 (185.34%)

Invested Capital Average

$2,788,000 (379.10%)

-$998,928 (8.43%)

-$1,090,864 (-120.64%)

-$494,416 (-5.89%)

Shares

15,873,113 (0.02%)

15,870,104 (31.32%)

12,085,280 (0.00%)

12,085,280 (0.00%)