Aethlon Medical, Inc. (AEMD) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Aethlon Medical, Inc. (AEMD) stock price & volume — 10-year historical chart
Aethlon Medical, Inc. (AEMD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Aethlon Medical, Inc. (AEMD) competitors in Renal, dialysis, and blood purification — business model, growth, and fundamentals comparison
Aethlon Medical, Inc. (AEMD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Aethlon Medical, Inc. (AEMD) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 392.07K | 149.63K | 229.63K | 650.19K | 659.1K | 294.17K | 574.25K | 0 | 0 | 0 |
| Revenue Growth % | -55.78% | -61.84% | 53.47% | 183.15% | 1.37% | -55.37% | 95.21% | -100% | - | - |
| Cost of Goods Sold | 0 | 2.63B | 3.08B | 0 | 0 | 0 | 0 | 0 | 0 | 391.72K |
| COGS % of Revenue | - | 1761027.23% | 1342674.36% | - | - | - | - | - | - | - |
| Gross Profit | -3.09B▲ 0% | -2.49B▲ 19.5% | -2.85B▼ 14.8% | 650.19K▲ 100.0% | 659.1K▲ 1.4% | 294.17K▼ 55.4% | 574.25K▲ 95.2% | 0▼ 100.0% | 0▲ 0% | -391.72K▲ 0% |
| Gross Margin % | -787423.26% | -1661027.23% | -1242674.36% | 100% | 100% | 100% | 100% | - | - | - |
| Gross Profit Growth % | -118.19% | 19.5% | -14.81% | 100.02% | 1.37% | -55.37% | 95.21% | -100% | - | - |
| Operating Expenses | 6.49M | 4.98M | 6.23M | 6.58M | 8.55M | 10.72M | 12.47M | 12.64M | 9.34M | 2.07B |
| OpEx % of Revenue | 1655.3% | 3328.99% | 2712.68% | 1012.04% | 1297.31% | 3642.53% | 2172.05% | - | - | - |
| Selling, General & Admin | 6.49M | 4.98M | 6.23M | 6.58M | 8.55M | 10.72M | 12.47M | 12.64M | 9.34M | 2.29B |
| SG&A % of Revenue | 1655.41% | 3328.82% | 2712.68% | 1012.04% | 1297.31% | 3642.53% | 2172.05% | - | - | - |
| Research & Development | 673K | 586K | 896K | 927K | 2.07M | 2.34M | 2.75M | 2.52M | 0 | 2.15M |
| R&D % of Revenue | 171.65% | 391.65% | 390.2% | 142.57% | 314.37% | 795.81% | 478.02% | - | - | - |
| Other Operating Expenses | -673.43K | -586K | -896K | -927K | -2.07M | -2.34M | -2.75M | -2.52M | 0 | 0 |
| Operating Income | -6.1M▲ 0% | -4.83M▲ 20.8% | -6M▼ 24.2% | -5.93M▲ 1.2% | -7.89M▼ 33.1% | -10.42M▼ 32.1% | -11.9M▼ 14.2% | -12.64M▼ 6.2% | -9.34M▲ 26.1% | -5.31M▲ 0% |
| Operating Margin % | -1555.32% | -3228.74% | -2612.52% | -912.04% | -1197.31% | -3542.53% | -2072.05% | - | - | - |
| Operating Income Growth % | -39.06% | 20.78% | -24.18% | 1.15% | -33.08% | -32.05% | -14.18% | -6.2% | 26.08% | - |
| EBITDA | -6.07M | -4.8M | -5.97M | -5.9M | -7.85M | -10.3M | -11.66M | -12.28M | -9M | -4.91M |
| EBITDA Margin % | -1547.06% | -3204.91% | -2599.15% | -907.99% | -1191.25% | -3500.48% | -2030.1% | - | - | - |
| EBITDA Growth % | -39.55% | 20.94% | -24.46% | 1.08% | -33% | -31.15% | -13.21% | -5.32% | 26.68% | 48.17% |
| D&A (Non-Cash Add-back) | 32.41K | 35.66K | 30.7K | 26.37K | 39.94K | 123.69K | 240.89K | 359.06K | 339.56K | 391.72K |
| EBIT | -7M | -5.34M | -6M | -5.93M | -7.89M | -10.42M | -11.9M | -12.64M | -13.38M | -9.49M |
| Net Interest Income | -304K | -362K | -220K | -54.23K | -1.58K | 0 | 10.97K | 428.39K | 288.01K | 143K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 10.97K | 428.39K | 298.12K | 153.11K |
| Interest Expense | 304.33K | 361.6K | 220.49K | 54.23K | 1.58K | 0 | 0 | 0 | 10.11K | 10.11K |
| Other Income/Expense | -1.21M | -869K | -220K | -450.05K | 0 | 0 | -131.15K | 428.39K | -4.05M | -4.2M |
| Pretax Income | -7.31M▲ 0% | -5.7M▲ 22.0% | -6.22M▼ 9.1% | -6.38M▼ 2.6% | -7.89M▼ 23.7% | -10.42M▼ 32.1% | -12.03M▼ 15.4% | -12.21M▼ 1.5% | -13.39M▼ 9.7% | -2.03B▲ 0% |
| Pretax Margin % | -1863.68% | -3809.52% | -2708.76% | -981.26% | -1197.31% | -3542.53% | -2094.89% | - | - | - |
| Income Tax | 0 | 0 | -24.79K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0.4% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -7.28M▲ 0% | -5.68M▲ 21.9% | -6.2M▼ 9.1% | -6.37M▼ 2.9% | -7.89M▼ 23.7% | -10.42M▼ 32.1% | -12.03M▼ 15.5% | -12.21M▼ 1.5% | -13.39M▼ 9.7% | -2.03B▲ 0% |
| Net Margin % | -1855.78% | -3796.16% | -2697.88% | -980.33% | -1196.58% | -3540.9% | -2094.89% | - | - | - |
| Net Income Growth % | -49.34% | 21.94% | -9.07% | -2.89% | -23.73% | -32.07% | -15.49% | -1.48% | -9.66% | -21113.84% |
| Net Income (Continuing) | -7.31M | -5.7M | -6.22M | -6.38M | -7.89M | -10.42M | -12.03M | -12.21M | -13.39M | -9.5M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -80.97K | -101.25K | -126.03K | -132.12K | -136.91K | -141.71K | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -1410.00▲ 0% | -691.70▲ 50.9% | -512.70▲ 25.9% | -186.70▲ 63.6% | -65.20▲ 65.1% | -70.60▼ 8.3% | -58.60▲ 17.0% | -48.60▲ 17.1% | -85.80▼ 76.5% | -2463.47▲ 0% |
| EPS Growth % | -42.64% | 50.94% | 25.88% | 63.58% | 65.08% | -8.28% | 17% | 17.06% | -76.54% | -23.96% |
| EPS (Basic) | -1405.70 | -691.70 | -513.00 | -186.70 | -65.20 | -70.60 | -58.60 | -48.60 | -85.80 | - |
| Diluted Shares Outstanding | 5.18K | 8.21K | 12.08K | 34.15K | 120.9K | 147.6K | 205.4K | 251.3K | 156.08K | 823.13K |
| Basic Shares Outstanding | 5.18K | 8.21K | 12.08K | 34.15K | 120.9K | 147.6K | 205.4K | 251.3K | 156.08K | 823.13K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
Aethlon Medical, Inc. (AEMD) balance sheet — assets, liabilities & shareholders' equity
| Line item | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.6M | 7.23M | 4.04M | 10.04M | 10.35M | 18.16M | 15.09M | 6.23M | 5.95M | 7.14B |
| Cash & Short-Term Investments | 1.56M | 6.97M | 3.83M | 9.6M | 9.86M | 17.07M | 14.53M | 5.44M | 5.5M | 6.96B |
| Cash Only | 1.56M | 6.97M | 3.83M | 9.6M | 9.86M | 17.07M | 14.53M | 5.44M | 5.5M | 6.96B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 74.81K | 0 | 206.73K | 149.08K | 127.97K | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | - | 182.5 | - | 116.05 | 82.56 | 158.78 | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 557.62K | 783.81K | 448.54K | 185.12M |
| Total Non-Current Assets | 129.12K | 121.65K | 84.85K | 346.57K | 317.18K | 1.26M | 2.42M | 2.02M | 1.41M | 915.61M |
| Property, Plant & Equipment | 29.22K | 27.55K | 6.02K | 276.91K | 201.34K | 1.14M | 2.3M | 1.9M | 1.28M | 816.76M |
| Fixed Asset Turnover | 13.42x | 5.43x | 38.14x | 2.35x | 3.27x | 0.26x | 0.25x | - | - | 0.00x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 85K | 75.83K | 66.67K | 57.5K | 56.95K | 2.2K | 1.65K | 1.1K | 550 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 46.73K | 87.51K | 87.51K | 87.51K | 97.81K | 196.26K |
| Other Non-Current Assets | 14.9K | 18.27K | 12.16K | 12.16K | 58.88K | 120.81K | 120.81K | 33.3K | 33.3K | 99.01M |
| Total Assets | 1.73M▲ 0% | 7.35M▲ 325.9% | 4.12M▼ 43.9% | 10.39M▲ 151.9% | 10.67M▲ 2.7% | 19.42M▲ 82.0% | 17.51M▼ 9.8% | 8.25M▼ 52.9% | 7.36M▼ 10.8% | 8.06B▲ 0% |
| Asset Turnover | 0.23x | 0.02x | 0.06x | 0.06x | 0.06x | 0.02x | 0.03x | - | - | 0.00x |
| Asset Growth % | -32.48% | 325.86% | -43.92% | 151.95% | 2.71% | 82% | -9.83% | -52.9% | -10.75% | 123292.6% |
| Total Current Liabilities | 611.76K | 477.96K | 1.82M | 1.07M | 1.38M | 1.82M | 1.51M | 1.83M | 1.9M | 1.26B |
| Accounts Payable | 484.42K | 124.45K | 131.93K | 285.04K | 337.68K | 499.96K | 432.89K | 777.86K | 534.52K | 469.45M |
| Days Payables Outstanding | - | 0.02 | 0.02 | - | - | - | - | - | - | 109.75K |
| Short-Term Debt | 0 | 0 | 962.3K | 0 | 0 | 0 | 0 | 0 | 0 | 330.63M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 100K | 114.85K | 344.55K | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 57.87K | 0 | 374.46K | 0 | 595.89K | 0 | 0 | 0 | 178.21K | 926.51M |
| Current Ratio | 2.61x | 15.13x | 2.21x | 9.40x | 7.53x | 9.95x | 10.03x | 3.40x | 3.13x | 3.13x |
| Quick Ratio | 2.61x | 15.13x | 2.21x | 9.40x | 7.53x | 9.95x | 10.03x | 3.40x | 3.13x | 3.13x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 519.2K | 841.15K | 0 | 42.54K | 0 | 602.5K | 939.64K | 649.75K | 336.72K | 86.89M |
| Long-Term Debt | 519.2K | 841.15K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 86.89M |
| Capital Lease Obligations | 0 | 0 | 0 | 42.54K | 0 | 602.5K | 939.64K | 649.75K | 336.72K | 763.89K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -172.12K |
| Total Liabilities | 1.13M | 1.32M | 1.82M | 1.11M | 1.38M | 2.43M | 2.44M | 2.48M | 2.24M | 1.34B |
| Total Debt | 519.2K | 841.15K | 962.3K | 141.1K | 42.54K | 729.41K | 1.21M | 940.32K | 649.75K | 417.52M |
| Net Debt | -1.04M | -6.13M | -2.87M | -9.46M | -9.82M | -16.34M | -13.32M | -4.5M | -4.85M | -6.54B |
| Debt / Equity | 0.87x | 0.14x | 0.42x | 0.02x | 0.00x | 0.04x | 0.08x | 0.16x | 0.13x | 0.13x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | -84.96x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | 1330.54x |
| Interest Coverage | -20.04x | -13.36x | -27.21x | -109.34x | -4994.62x | - | - | - | -924.06x | -939.14x |
| Total Equity | 595.41K▲ 0% | 6.03M▲ 913.2% | 2.3M▼ 61.9% | 9.28M▲ 303.5% | 9.29M▲ 0.2% | 16.99M▲ 82.8% | 15.06M▼ 11.3% | 5.77M▼ 61.7% | 5.12M▼ 11.1% | 6.71B▲ 0% |
| Equity Growth % | -60.37% | 913.21% | -61.89% | 303.53% | 0.18% | 82.83% | -11.34% | -61.72% | -11.15% | 154711.47% |
| Book Value per Share | 115.03 | 734.69 | 190.27 | 271.68 | 76.87 | 115.12 | 73.34 | 22.95 | 32.83 | 8155.61 |
| Total Shareholders' Equity | 676.38K | 6.13M | 2.43M | 9.41M | 9.43M | 17.13M | 15.06M | 5.77M | 5.12M | 6.71B |
| Common Stock | 8.8K | 17.74K | 1.27K | 9.37K | 12.15K | 15.42K | 22.99K | 2.63K | 2.59K | 973K |
| Retained Earnings | -93.78M | -99.46M | -105.65M | -112.03M | -119.91M | -130.33M | -142.36M | -154.57M | -167.95M | -173.22B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | -6.14K | -6.94K | -17.13K | -29.84M |
| Minority Interest | -80.97K | -101.25K | -126.03K | -132.12K | -136.91K | -141.71K | 0 | 0 | 0 | 0 |
Aethlon Medical, Inc. (AEMD) cash flow — operating, investing & free cash flow history
| Line item | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -3.51M | -3.91M | -4.29M | -5.2M | -6.76M | -9.77M | -10.51M | -10.13M | -7.65M | -7.65M |
| Operating CF Margin % | -894.2% | -2613.65% | -1869.76% | -799.4% | -1026.38% | -3320.3% | -1829.38% | - | - | - |
| Operating CF Growth % | 19.02% | -11.55% | -9.79% | -21.06% | -30.15% | -44.38% | -7.56% | 3.57% | 24.52% | -273498.07% |
| Net Income | -7.31M | -5.7M | -6.22M | -6.38M | -7.89M | -10.42M | -12.03M | -12.21M | -13.39M | -2.03B |
| Depreciation & Amortization | 32.41K | 35.66K | 30.7K | 26.37K | 39.94K | 123.69K | 240.89K | 359.06K | 339.56K | 463.45M |
| Stock-Based Compensation | 2.19M | 1.26M | 1.32M | 844K | 779.42K | 750.62K | 1.05M | 1.22M | 415.23K | 217.4M |
| Deferred Taxes | 904.04K | 507.12K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 220.44K | 279.26K | 140.5K | 427.07K | -2.49K | 30.53K | 166.53K | 21.28K | 4.89M | -656.82M |
| Working Capital Changes | 457.63K | -293.66K | 435.88K | -115K | 309.69K | -251.11K | 65.34K | 478.66K | 93.69K | -258.39K |
| Change in Receivables | 199.47K | -74.81K | 74.81K | -206.73K | 57.65K | 21.12K | 127.97K | 0 | 0 | 0 |
| Change in Inventory | 0 | -6.87M | -74.81K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 322.14K | -104.15K | 390.34K | -16.77K | 341.86K | 97.54K | -174.73K | 156.68K | -53.36K | -745.59M |
| Cash from Investing | -16.43K | -24.82K | 0 | -151.66K | -59.88K | -349.19K | -943.11K | -250.87K | 0 | -1.65M |
| Capital Expenditures | -16.43K | -24.82K | 0 | -151.66K | -59.88K | -349.19K | -943.11K | -250.87K | 0 | -1.65M |
| CapEx % of Revenue | 4.19% | 16.59% | - | 23.33% | 9.09% | 118.71% | 164.23% | - | - | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 2.96M | 9.35M | 1.15M | 11.13M | 7.13M | 17.37M | 8.91M | 1.29M | 7.73M | 6.72B |
| Debt Issued (Net) | 577.46K | 0 | 0 | -992.59K | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -5.36K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -378.52K | -278.63K | -193.87K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | -40.94K | -132.53K | -88.12K | -12.49K | -34.78K | 4.19M | 6.72B |
| Net Change in Cash | -564.04K▲ 0% | 5.41M▲ 1059.9% | -3.15M▼ 158.1% | 5.78M▲ 283.6% | 303.52K▼ 94.7% | 7.25M▲ 2289.2% | -2.54M▼ 135.0% | -9.09M▼ 258.0% | 69.59K▲ 100.8% | 5.32B▲ 0% |
| Free Cash Flow | -3.52M▲ 0% | -3.94M▼ 11.7% | -4.29M▼ 9.1% | -5.35M▼ 24.6% | -6.82M▼ 27.6% | -10.12M▼ 48.2% | -11.45M▼ 13.2% | -10.38M▲ 9.3% | -7.65M▲ 26.3% | -5.25B▲ 0% |
| FCF Margin % | -898.39% | -2630.24% | -1869.76% | -822.73% | -1035.47% | -3439.01% | -1993.62% | - | - | - |
| FCF Growth % | 18.81% | -11.73% | -9.09% | -24.59% | -27.58% | -48.23% | -13.17% | 9.33% | 26.35% | -61352.01% |
| FCF per Share | -680.49 | -479.27 | -355.33 | -156.65 | -56.45 | -68.54 | -55.74 | -41.31 | -48.98 | -48.98 |
| FCF Conversion (FCF/Net Income) | 0.48x | 0.69x | 0.69x | 0.82x | 0.86x | 0.94x | 0.87x | 0.83x | 0.57x | 2.59x |
| Interest Paid | 0 | 0 | 0 | 83.33K | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Aethlon Medical, Inc. (AEMD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -693.69% | -171.39% | -148.71% | -110.12% | -84.94% | -79.25% | -75.06% | -117.21% | -245.88% | -30.21% |
| Return on Invested Capital (ROIC) | - | - | - | - | - | -12703.34% | -747.19% | -630.78% | -911.83% | -911.83% |
| Gross Margin | -787423.26% | -1661027.23% | -1242674.36% | 100% | 100% | 100% | 100% | - | - | - |
| Net Margin | -1855.78% | -3796.16% | -2697.88% | -980.33% | -1196.58% | -3540.9% | -2094.89% | - | - | - |
| Debt / Equity | 0.87x | 0.14x | 0.42x | 0.02x | 0.00x | 0.04x | 0.08x | 0.16x | 0.13x | 0.13x |
| Interest Coverage | -20.04x | -13.36x | -27.21x | -109.34x | -4994.62x | - | - | - | -924.06x | -939.14x |
| FCF Conversion | 0.48x | 0.69x | 0.69x | 0.82x | 0.86x | 0.94x | 0.87x | 0.83x | 0.57x | 2.59x |
| Revenue Growth | -55.78% | -61.84% | 53.47% | 183.15% | 1.37% | -55.37% | 95.21% | -100% | - | - |
Aethlon Medical, Inc. (AEMD) stock FAQ — growth, dividends, profitability & financials explained
Aethlon Medical, Inc. (AEMD) grew revenue by 0.0% over the past year. Growth has been modest.
Aethlon Medical, Inc. (AEMD) reported a net loss of $2.03B for fiscal year 2025.
Aethlon Medical, Inc. (AEMD) has a return on equity (ROE) of -245.9%. Negative ROE indicates the company is unprofitable.
Aethlon Medical, Inc. (AEMD) had negative free cash flow of $5.25B in fiscal year 2025, likely due to heavy capital investments.
Aethlon Medical, Inc. (AEMD) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates