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Psyence Biomedical Ltd. (PBM) 10-Year Financial Performance & Capital Metrics

PBM • • Industrial / General
HealthcareBiotechnologyNeurology & CNS DisordersPsychiatric & CNS Disorders
AboutPsyence Biomedical Ltd. engages in the development of botanical psilocybin-based psychedelic medicines. It also evaluates natural psilocybin for the treatment of adjustment disorder in patients with an incurable cancer diagnosis in a palliative care context. The company's lead product candidate is PEX010, which is in Phase IIb clinical study, a capsule containing naturally sourced psilocybin for treatment of anxiety and depression, including associated ailments, such as post-traumatic stress disorder, stress, grief, and adjustment disorder in the context of palliative care. It has a partnership with iNGENu Pty Ltd to conduct a Phase IIb clinical trial of PEX010 in psilocybin-assisted psychotherapy for the treatment of AjD due to incurable cancer. The company is based in Toronto, Canada. Psyence Biomedical Ltd. operates as a subsidiary of Psyence Group Inc.Show more
  • Revenue $0
  • EBITDA -$3M -112.6%
  • Net Income -$51M -738.3%
  • EPS (Diluted) -7.85 -1126.6%
  • Gross Margin -
  • EBITDA Margin -
  • Operating Margin -
  • Net Margin -
  • ROE -43.78% -1414.8%
  • ROIC -1.69% -319.6%
  • Debt/Equity -
  • Interest Coverage -51.98
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Share count reduced 80.1% through buybacks

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Weak momentum: RS Rating 1 (bottom 1%)
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-418.16%

EPS CAGR

10Y-
5Y-
3Y-
TTM-827.11%

ROCE

10Y Avg-1%
5Y Avg-1%
3Y Avg-1%
Latest-2.36%

Peer Comparison

Psychiatric & CNS Disorders
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Technical
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Sector-Specific
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ACADACADIA Pharmaceuticals Inc.4.48B26.4619.4631.85%24.94%28.47%3.51%0.07
JAZZJazz Pharmaceuticals plc9.87B162.4318.786.12%-8.86%-9.31%13.66%1.51
CPRXCatalyst Pharmaceuticals, Inc.2.75B22.3517.0623.49%37.63%23.64%8.71%0.00
HRMYHarmony Biosciences Holdings, Inc.2.06B35.7614.2522.8%22.48%22.23%10.62%0.28
ALKSAlkermes plc4.81B29.1513.43-6.36%22.27%19.55%8.43%0.05
PRTCPureTech Health plc437.45M18.109.0544.98%-495.91%-8.53%0.05
LBRXLB Pharmaceuticals Inc Common Stock500.67M19.79-1.11
NMRANeumora Therapeutics, Inc. Common Stock363.67M2.14-1.40-178.79%0.01

Profit & Loss

Mar 2022Mar 2023Mar 2024
Sales/Revenue+000
Revenue Growth %---
Cost of Goods Sold+00240
COGS % of Revenue---
Gross Profit+00-240
Gross Margin %---
Gross Profit Growth %---
Operating Expenses+334.29K1.29M2.75M
OpEx % of Revenue---
Selling, General & Admin1.72M1.63M1.8M
SG&A % of Revenue---
Research & Development137.24K1.61M954.59K
R&D % of Revenue---
Other Operating Expenses-1.52M-1.94M0
Operating Income+-334.29K-1.29M-2.75M
Operating Margin %---
Operating Income Growth %--2.87%-1.13%
EBITDA+-334.29K-1.29M-2.75M
EBITDA Margin %---
EBITDA Growth %--2.87%-1.13%
D&A (Non-Cash Add-back)00240
EBIT00-51.11M
Net Interest Income+01.55K-50.81K
Interest Income01.55K2.13K
Interest Expense0052.94K
Other Income/Expense8.56M9.31M-48.41M
Pretax Income+8.23M8.01M-51.16M
Pretax Margin %---
Income Tax+000
Effective Tax Rate %1%1%1%
Net Income+8.23M8.01M-51.16M
Net Margin %---
Net Income Growth %--0.03%-7.38%
Net Income (Continuing)8.23M8.01M-51.16M
Discontinued Operations000
Minority Interest000
EPS (Diluted)+0.25-0.64-7.85
EPS Growth %--3.56%-11.27%
EPS (Basic)0.25-0.64-7.85
Diluted Shares Outstanding32.67M32.67M6.52M
Basic Shares Outstanding32.67M32.67M6.52M
Dividend Payout Ratio---

Balance Sheet

Mar 2022Mar 2023Mar 2024
Total Current Assets+797.2K1.21M1.13M
Cash & Short-Term Investments431.9K15.96K762.8K
Cash Only648.28K128.68K762.8K
Short-Term Investments000
Accounts Receivable39.55K60.9K41.75K
Days Sales Outstanding---
Inventory-39.55K00
Days Inventory Outstanding---
Other Current Assets0917.12K0
Total Non-Current Assets+255.25M257.73M5.49K
Property, Plant & Equipment005.49K
Fixed Asset Turnover---
Goodwill000
Intangible Assets000
Long-Term Investments255M257.73M0
Other Non-Current Assets248.65K00
Total Assets+256.22M258.93M1.13M
Asset Turnover---
Asset Growth %-0.01%-1%
Total Current Liabilities+68.7K14.27M12.1M
Accounts Payable36.89K1.63M562.35K
Days Payables Outstanding--855.24K
Short-Term Debt0685K10.45M
Deferred Revenue (Current)000
Other Current Liabilities-63.06K11.8M968.51K
Current Ratio11.60x0.08x0.09x
Quick Ratio12.18x0.08x0.09x
Cash Conversion Cycle---
Total Non-Current Liabilities+16.24M00
Long-Term Debt000
Capital Lease Obligations000
Deferred Tax Liabilities000
Other Non-Current Liabilities16.24M00
Total Liabilities19.58M14.27M12.1M
Total Debt+0685K10.45M
Net Debt-648.28K-128.68K9.71M
Debt / Equity-0.00x-
Debt / EBITDA---
Net Debt / EBITDA---
Interest Coverage---51.98x
Total Equity+236.65M244.66M-10.97M
Equity Growth %-0.03%-1.04%
Book Value per Share7.247.49-1.68
Total Shareholders' Equity236.65M244.66M-10.97M
Common Stock255M258.55M46.13M
Retained Earnings-18.36M-13.9M-57.46M
Treasury Stock000
Accumulated OCI00361.06K
Minority Interest000

Cash Flow

Mar 2022Mar 2023Mar 2024
Cash from Operations+-1.4M-519.6K-2.95M
Operating CF Margin %---
Operating CF Growth %-0.63%-4.67%
Net Income-1.86M-24.49K-51.16M
Depreciation & Amortization00240
Stock-Based Compensation332.07K221.29K317.88K
Deferred Taxes000
Other Non-Cash Items0-661.96K49.07M
Working Capital Changes129.74K-54.44K-1.17M
Change in Receivables100.05K0107.62K
Change in Inventory000
Change in Payables000
Cash from Investing+-32.04K0-5.73K
Capital Expenditures00-5.73K
CapEx % of Revenue---
Acquisitions---
Investments---
Other Investing254.97M00
Cash from Financing+-1.63M1.17M2.35M
Debt Issued (Net)---
Equity Issued (Net)---
Dividends Paid000
Share Repurchases---
Other Financing-1.63M1.17M0
Net Change in Cash---
Free Cash Flow+-839.17K-519.6K-2.95M
FCF Margin %---
FCF Growth %-0.38%-4.68%
FCF per Share-0.03-0.02-0.45
FCF Conversion (FCF/Net Income)-0.17x-0.06x0.06x
Interest Paid000
Taxes Paid000

Key Ratios

Metric202120222023
Return on Equity (ROE)3.48%3.33%-43.78%
Return on Invested Capital (ROIC)--0.4%-1.69%
Debt / Equity-0.00x-
Interest Coverage---51.98x
FCF Conversion-0.17x-0.06x0.06x

Frequently Asked Questions

Growth & Financials

Psyence Biomedical Ltd. (PBM) grew revenue by 0.0% over the past year. Growth has been modest.

Psyence Biomedical Ltd. (PBM) reported a net loss of $25.5M for fiscal year 2023.

Dividend & Returns

Psyence Biomedical Ltd. (PBM) has a return on equity (ROE) of -43.8%. Negative ROE indicates the company is unprofitable.

Psyence Biomedical Ltd. (PBM) had negative free cash flow of $1.1M in fiscal year 2023, likely due to heavy capital investments.

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