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BDRX logoBiodexa Pharmaceuticals Plc(BDRX)Earnings, Financials & Key Ratios

BDRX•NASDAQ
$4.86
$1M mkt cap·Price updated May 7, 2026
SectorHealthcareIndustryBiotechnologySub-IndustryDrug Delivery Technology Platforms
AboutBiodexa Pharmaceuticals Plc, a clinical stage biopharmaceutical company, focuses on developing a pipeline of products for the treatment of familial adenomatous polyposis, non-muscle invasive bladder cancer, and Type 1 diabetes and rare/orphan cancers of the brain. Its lead product candidate Tolimidone, a selective activator of the lyn kinase enzyme, currently under Phase II studies for the treatment of Type 1 diabetes. The company is also developing MTX110, which is currently in Phase I studies for the treatment of diffuse intrinsic recurrent glioblastoma, diffuse midline glioma, and medulloblastoma. In addition, the company offers drug delivery platforms, such as Q-Sphera, a polymer microsphere microtechnology used for sustained release therapeutics; MidaSolve, an oligosaccharide nanotechnology used to solubilize drugs so that they can be administered in liquid form directly and locally into tumors; and MidaCore, a gold nanoparticle used for targeting sites of disease by using chemotherapeutic agents or immunotherapeutic agents. It has collaboration agreements with Janssen and Melior. The company was formerly known as Midatech Pharma plc and changed its name to Biodexa Pharmaceuticals Plc in March 2023. Biodexa Pharmaceuticals Plc was founded in 2000 and is headquartered in Cardiff, the United Kingdom.Show more
  • Revenue$0
  • EBITDA-$8M+11.0%
  • Net Income-$6M-9.0%
  • EPS (Diluted)-60.00+100.0%
  • ROE-63.37%+28.1%
  • ROIC-120.34%+42.9%
  • Debt/Equity0.01-93.9%
  • Interest Coverage-120.77
Technical→

BDRX Key Insights

Biodexa Pharmaceuticals Plc (BDRX) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Strong 5Y profit CAGR of 22.4%
  • ✓Share count reduced 11.4% through buybacks
  • ✓Trading at only 0.0x book value

✗Weaknesses

  • ✗Weak momentum: RS Rating 2 (bottom 2%)
  • ✗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.

BDRX Price & Volume

Biodexa Pharmaceuticals Plc (BDRX) stock price & volume — 10-year historical chart

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BDRX Growth Metrics

Biodexa Pharmaceuticals Plc (BDRX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-100%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM17.9%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM49.52%

Return on Capital

10 Years-86.9%
5 Years-117.42%
3 Years-129.12%
Last Year-75.95%

BDRX Peer Comparison

Biodexa Pharmaceuticals Plc (BDRX) competitors in Drug Delivery Technology Platforms — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
SIGA logoSIGASIGA Technologies, Inc.Direct Competitor338.88M4.7314.33-31.8%-43117.39%-10.67%0.00
NUVB logoNUVBNuvation Bio Inc.Direct Competitor1.67B4.82-8.036.99%-102.06%-44.1%0.03
IMVT logoIMVTImmunovant, Inc.Direct Competitor5.53B27.22-9.97-47.07%0.00
PRAX logoPRAXPraxis Precision Medicines, Inc.Direct Competitor9.63B333.28-24.72-100%-43.02%0.00
ACAD logoACADACADIA Pharmaceuticals Inc.Product Competitor3.86B22.579.8511.87%34.3%35.65%0.04
INVA logoINVAInnoviva, Inc.Product Competitor1.93B22.806.9118.52%118.91%46.47%0.23
AVXL logoAVXLAnavex Life Sciences Corp.Product Competitor289.14M3.12-5.78-31.55%
CORT logoCORTCorcept Therapeutics IncorporatedProduct Competitor5.48B51.0562.2612.79%6.23%7.5%0.01

Compare BDRX vs Peers

Biodexa Pharmaceuticals Plc (BDRX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SIGA

Most directly comparable listed peer for BDRX.

Scale Benchmark

vs IQV

Larger-name benchmark to compare BDRX against a more recognizable public peer.

Peer Set

Compare Top 5

vs SIGA, NUVB, IMVT, PRAX

BDRX Income Statement

Biodexa Pharmaceuticals Plc (BDRX) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Sales/Revenue989K1.94M674K343K578K699K381K00
Revenue Growth %-25.25%95.96%-65.22%-49.11%68.51%20.93%-45.49%-100%-
Cost of Goods Sold8.33M9.36M7.84M6.07M4.65M5.11M4.07M5.44M184.86K
COGS % of Revenue842.16%482.92%1163.65%1769.1%805.19%731.19%1067.45%--
Gross Profit
-7.34M▲ 0%
-7.42M▼ 1.1%
-7.17M▲ 3.4%
-5.72M▲ 20.1%
-4.08M▲ 28.8%
-4.41M▼ 8.2%
-3.69M▲ 16.5%
-5.44M▼ 47.5%
-184.86K▲ 96.6%
Gross Margin %-742.16%-382.92%-1063.65%-1669.1%-705.19%-631.19%-967.45%--
Gross Profit Growth %-14.56%-1.1%3.4%20.14%28.8%-8.24%16.46%-47.5%96.6%
Operating Expenses5.54M4.39M3.67M17.32M2.92M4.52M4.33M3.76M8.08M
OpEx % of Revenue559.76%226.73%543.77%5048.11%505.54%646.64%1135.96%--
Selling, General & Admin4.44M4.39M4.16M4.96M2.95M4.54M4.34M3.79M4.84M
SG&A % of Revenue448.53%226.73%617.8%1445.48%509.69%649.79%1139.63%--
Research & Development9.83M9.36M7.84M16.15M4.65M5.11M4.07M5.44M3.73M
R&D % of Revenue993.83%482.92%1163.65%4707.29%805.19%731.19%1067.45%--
Other Operating Expenses00-8.34M-3.79M-4.68M-5.13M-4.08M-5.47M-482.54K
Operating Income
-11.78M▲ 0%
-11.81M▼ 0.3%
-11.32M▲ 4.2%
-23.04M▼ 103.6%
-7M▲ 69.6%
-8.93M▼ 27.6%
-8.01M▲ 10.3%
-9.2M▼ 14.8%
-8.27M▲ 10.1%
Operating Margin %-1190.7%-609.65%-1679.23%-6717.2%-1210.73%-1277.83%-2103.41%--
Operating Income Growth %-22.01%-0.33%4.21%-103.57%69.63%-27.64%10.28%-14.79%10.11%
EBITDA-10.61M-10.7M-10.03M-21.82M-6.59M-8.76M-7.73M-9.08M-8.08M
EBITDA Margin %-1072.7%-552.32%-1488.58%-6362.39%-1141%-1252.93%-2029.13%--
EBITDA Growth %-100.09%-0.9%6.27%-117.51%69.78%-32.8%11.73%-17.48%10.99%
D&A (Non-Cash Add-back)1.17M1.11M1.28M1.22M403K174K283K117K184.86K
EBIT-12.86M-11.81M-10.83M-23.44M-6.06M-8.44M-7.44M-9.2M-8.27M
Net Interest Income-94K-585K-89K-33K-44K-24K42K2K18.58K
Interest Income15K2K8K1K029K83K2K87.05K
Interest Expense109K587K97K34K44K53K41K068.47K
Other Income/Expense-1.19M-585K395K-430K892K444K529K3.22M1.92M
Pretax Income
-12.97M▲ 0%
-12.4M▲ 4.4%
-10.92M▲ 11.9%
-23.47M▼ 114.9%
-6.11M▲ 74.0%
-8.49M▼ 39.0%
-7.49M▲ 11.8%
-5.98M▲ 20.1%
-6.35M▼ 6.2%
Pretax Margin %-1311.43%-639.83%-1620.62%-6842.57%-1056.4%-1214.31%-1964.57%--
Income Tax-1.26M-2.03M-1.78M-1.28M-646K-832K-406K-250K-102.7K
Effective Tax Rate %9.75%16.39%16.34%5.46%10.58%9.8%5.42%4.18%1.62%
Net Income
-11.71M▲ 0%
-10.37M▲ 11.4%
-10.09M▲ 2.7%
-22.19M▼ 120.0%
-5.46M▲ 75.4%
-7.66M▼ 40.2%
-7.08M▲ 7.5%
-5.73M▲ 19.1%
-6.24M▼ 9.0%
Net Margin %-1183.52%-534.98%-1496.29%-6469.1%-944.64%-1095.28%-1858.01%--
Net Income Growth %-89.99%11.42%2.73%-120.02%75.39%-40.22%7.54%19.07%-8.99%
Net Income (Continuing)-11.71M-10.37M-9.14M-22.19M-5.46M-7.66M-7.08M-5.73M-6.24M
Discontinued Operations000000000
Minority Interest000000000
EPS (Diluted)
-999999.00▲ 0%
-999999.00▲ 0.0%
-999999.00▲ 0.0%
-999999.00▲ 0.0%
-999999.00▲ 0.0%
-999999.00▲ 0.0%
-229000.00▲ 77.1%
-999999.00▼ 336.7%
-60.00▲ 100.0%
EPS Growth %20.33%6.44%93.29%55.99%75.4%-40.23%95.37%-405.24%99.99%
EPS (Basic)-999999.00-999999.00-999999.00-999999.00-999999.00-999999.00-229000.00-999999.00-60.00
Diluted Shares Outstanding0001113061.95K54.86K
Basic Shares Outstanding0001113061.95K54.86K
Dividend Payout Ratio---------

BDRX Balance Sheet

Biodexa Pharmaceuticals Plc (BDRX) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Current Assets18.58M5.62M13.74M9.28M11.76M4.69M7.03M8.81M12.42M
Cash & Short-Term Investments13.2M2.34M10.93M7.55M10.06M2.84M5.97M1.67M8.52M
Cash Only13.2M2.34M10.93M7.55M10.06M2.84M5.97M1.67M8.52M
Short-Term Investments000000000
Accounts Receivable2.23M89K1.81M95K33K329K704K715K221.61K
Days Sales Outstanding823.7416.76980.73101.0920.84171.8674.44--
Inventory941K00000-704K00
Days Inventory Outstanding41.24--------
Other Current Assets1.58M3.05M847K1.38M1.06M1.15M704K00
Total Non-Current Assets30.64M14.83M17.16M542K1.15M837K3.51M5.97M5.73M
Property, Plant & Equipment2.53M1.98M2.15M542K1.15M831K571K324K90.84K
Fixed Asset Turnover0.39x0.98x0.31x0.63x0.50x0.84x0.67x--
Goodwill13.44M2.29M2.29M000000
Intangible Assets14.2M10.08M10.09M006K2.94M5.65M5.64M
Long-Term Investments000000000
Other Non-Current Assets465K469K2.63M000000
Total Assets
49.22M▲ 0%
20.44M▼ 58.5%
30.89M▲ 51.1%
9.82M▼ 68.2%
12.91M▲ 31.5%
5.53M▼ 57.2%
10.54M▲ 90.8%
14.78M▲ 40.2%
18.15M▲ 22.8%
Asset Turnover0.02x0.09x0.02x0.03x0.04x0.13x0.04x--
Asset Growth %-13.17%-58.47%51.12%-68.22%31.54%-57.21%90.81%40.2%22.78%
Total Current Liabilities8.36M2.47M5.67M2.99M1.84M1.9M5.57M5.03M6.12M
Accounts Payable2.27M286K725K337K485K339K314K707K0
Days Payables Outstanding99.5211.1533.7420.2738.0424.2128.1847.46-
Short-Term Debt322K288K179K107K000060.89K
Deferred Revenue (Current)00068K0197K01.47M570K
Other Current Liabilities2.64M792K2.77M1.62M664K386K4.23M921K5.49M
Current Ratio2.22x2.27x2.42x3.10x6.39x2.47x1.26x1.75x2.03x
Quick Ratio2.11x2.27x2.42x3.10x6.39x2.47x1.39x1.75x2.03x
Cash Conversion Cycle765.46--------
Total Non-Current Liabilities6.18M1.05M5.67M110K619.53K463K295K1.42M643.87K
Long-Term Debt6.16M714K4.76M000000
Capital Lease Obligations29K170K912K60K620K463K295K118K0
Deferred Tax Liabilities000000000
Other Non-Current Liabilities0165K050K-469001.31M643.87K
Total Liabilities14.55M3.52M11.34M3.1M2.46M2.36M5.86M6.46M6.76M
Total Debt6.55M1.25M6.08M260K766K624K464K727K60.89K
Net Debt-6.66M-1.09M-4.85M-7.29M-9.29M-2.21M-5.51M-942K-8.46M
Debt / Equity0.19x0.07x0.31x0.04x0.07x0.20x0.10x0.09x0.01x
Debt / EBITDA---------
Net Debt / EBITDA---------
Interest Coverage-117.99x-20.12x-111.61x-689.29x-137.77x-159.15x-181.56x--120.77x
Total Equity
34.68M▲ 0%
16.92M▼ 51.2%
19.56M▲ 15.6%
6.72M▼ 65.7%
10.45M▲ 55.6%
3.16M▼ 69.7%
4.68M▲ 47.9%
8.32M▲ 77.9%
11.38M▲ 36.8%
Equity Growth %-24.16%-51.19%15.56%-65.65%55.59%-69.75%47.94%77.9%36.81%
Book Value per Share---999999.00999999.00999999.00155933.33134.33207.52
Total Shareholders' Equity34.68M16.92M19.56M6.72M10.45M3.16M4.68M8.32M11.38M
Common Stock3K3K23K63K98.47K108.34K1.19M6.69M14.07M
Retained Earnings-74.65M-89.72M-99.84M-122.43M-127.8M-135.34M-144.77M-150.42M-102.62M
Treasury Stock000000000
Accumulated OCI56.39M53.7M53.49M54.72M53M53M61.52M53M1.19M
Minority Interest000000000

BDRX Cash Flow Statement

Biodexa Pharmaceuticals Plc (BDRX) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations-12.95M-13.45M-6.49M-9.3M-6.01M-7.05M-6.83M-12.26M-5.39M
Operating CF Margin %-1309.71%-694.01%-962.76%-2711.66%-1039.45%-1008.3%-1791.6%--
Operating CF Growth %1.02%-3.84%51.75%-43.33%35.4%-17.31%3.15%-79.62%56.01%
Net Income-16.06M-15.03M-10.09M-22.19M-5.46M-7.66M-7.08M-5.73M-6.24M
Depreciation & Amortization1.17M1.11M1.28M1.22M403K343K283K254K184.86K
Stock-Based Compensation00-34K-404K89K123K28K283K0
Deferred Taxes00-1.78M13.2M469K-832K-406K-250K0
Other Non-Cash Items3.11M-1.07M2.33M430K-892K454K397K-3.08M-1.01M
Working Capital Changes-1.17M1.54M1.8M-1.56M-617K520K-49K-3.74M1.68M
Change in Receivables-968K1.03M725K493K-487K7K365K-5.97M2.57M
Change in Inventory-202K347K0000000
Change in Payables00000000-892.99K
Cash from Investing-1.47M9.04M-3.81M2.57M-278K-220K-265K-598K-658.25K
Capital Expenditures-707K-244K-319K-209K-320K-62K-26K-9K-675.86K
CapEx % of Revenue71.49%12.59%47.33%60.93%55.36%8.87%6.82%--
Acquisitions00-947K0000017.61K
Investments---------
Other Investing-763K9.29M8K144K42K-158K-239K-589K0
Cash from Financing10.28M-6.47M18.73M3.08M8.8M47K10.23M8.56M12.77M
Debt Issued (Net)4.68M-5.88M3.86M-6.18M-215K-178K-188K245K-440.14K
Equity Issued (Net)5.73M014.11M9.74M9.04M243K10.43M8.31M13.45M
Dividends Paid000000000
Share Repurchases000000000
Other Financing-136K-587K766K-476K-15K-18K-13K0-240.61K
Net Change in Cash
-4.4M▲ 0%
-10.86M▼ 146.6%
8.59M▲ 179.0%
-3.38M▼ 139.4%
2.51M▲ 174.2%
-7.22M▼ 387.6%
3.13M▲ 143.4%
-4.3M▼ 237.2%
6.97M▲ 262.0%
Free Cash Flow
-13.66M▲ 0%
-13.69M▼ 0.2%
-6.81M▲ 50.3%
-9.51M▼ 39.7%
-6.33M▲ 33.5%
-7.11M▼ 12.4%
-7.09M▲ 0.3%
-13.04M▼ 83.9%
-5.4M▲ 58.6%
FCF Margin %-1381.19%-706.6%-1010.09%-2772.59%-1094.81%-1017.17%-1860.63%--
FCF Growth %5.36%-0.25%50.28%-39.69%33.46%-12.36%0.3%-83.88%58.6%
FCF per Share----999999.00-999999.00-999999.00-236300.00-210.40-98.36
FCF Conversion (FCF/Net Income)1.11x1.30x0.64x0.42x1.10x0.92x0.96x2.14x0.86x
Interest Paid000000000
Taxes Paid000000000

BDRX Key Ratios

Biodexa Pharmaceuticals Plc (BDRX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)-13.31%-29.12%-40.19%-55.29%-168.89%-63.6%-112.47%-180.59%-88.14%-63.37%
Return on Invested Capital (ROIC)-23%-30.3%-40.42%-55.58%-244.34%-1768.75%-634.53%-9934.71%-210.63%-120.34%
Gross Margin-484.28%-742.16%-382.92%-1063.65%-1669.1%-705.19%-631.19%-967.45%--
Net Margin-465.68%-1183.52%-534.98%-1496.29%-6469.1%-944.64%-1095.28%-1858.01%--
Debt / Equity0.05x0.19x0.07x0.31x0.04x0.07x0.20x0.10x0.09x0.01x
Interest Coverage--117.99x-20.12x-111.61x-689.29x-137.77x-159.15x-181.56x--120.77x
FCF Conversion2.12x1.11x1.30x0.64x0.42x1.10x0.92x0.96x2.14x0.86x
Revenue Growth-3.78%-25.25%95.96%-65.22%-49.11%68.51%20.93%-45.49%-100%-

BDRX Frequently Asked Questions

Biodexa Pharmaceuticals Plc (BDRX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Biodexa Pharmaceuticals Plc (BDRX) grew revenue by 0.0% over the past year. Growth has been modest.

Biodexa Pharmaceuticals Plc (BDRX) reported a net loss of $12.1M for fiscal year 2025.

Dividend & Returns

Biodexa Pharmaceuticals Plc (BDRX) has a return on equity (ROE) of -63.4%. Negative ROE indicates the company is unprofitable.

Biodexa Pharmaceuticals Plc (BDRX) had negative free cash flow of $18.7M in fiscal year 2025, likely due to heavy capital investments.

Explore More BDRX

Biodexa Pharmaceuticals Plc (BDRX) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

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Valuation

DCF intrinsic value, peer multiples & estimates

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