Galmed Pharmaceuticals Ltd. (GLMD) 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.
Galmed Pharmaceuticals Ltd. (GLMD) stock price & volume — 10-year historical chart
Galmed Pharmaceuticals Ltd. (GLMD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Galmed Pharmaceuticals Ltd. (GLMD) competitors in Metabolic and Obesity Therapies — business model, growth, and fundamentals comparison
Galmed Pharmaceuticals Ltd. (GLMD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Galmed Pharmaceuticals Ltd. (GLMD) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 467K | 1.08M | 2.04M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | - | 132.33% | 87.83% | -100% | - | - | - | - | - | - |
| Cost of Goods Sold | 0 | 0 | 0 | 35K | 39K | 42K | 35K | 31K | 83K | 0 |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 467K▲ 0% | 1.08M▲ 132.3% | 2.04M▲ 87.8% | -35K▼ 101.7% | -39K▼ 11.4% | -42K▼ 7.7% | -35K▲ 16.7% | -31K▲ 11.4% | -83K▼ 167.7% | 0▲ 0% |
| Gross Margin % | 100% | 100% | 100% | - | - | - | - | - | - | - |
| Gross Profit Growth % | 1034% | 132.33% | 87.83% | -101.72% | -11.43% | -7.69% | 16.67% | 11.43% | -167.74% | - |
| Operating Expenses | 17.35M | 13.45M | 12.75M | 22.38M | 30.21M | 32.88M | 17.65M | -7.49M | 6.2M | 7.03M |
| OpEx % of Revenue | 3714.99% | 1239.54% | 625.76% | - | - | - | - | - | - | - |
| Selling, General & Admin | 3.08M | 3.8M | 4.44M | 4.2M | 4.13M | 5.66M | 4.66M | 3.92M | 3.3M | 3.53M |
| SG&A % of Revenue | 659.1% | 350.14% | 217.86% | - | - | - | - | - | - | - |
| Research & Development | 14.27M | 9.65M | 8.31M | 18.18M | 26.08M | 27.22M | 12.99M | 3.57M | 2.98M | 3.5M |
| R&D % of Revenue | 3055.89% | 889.4% | 407.9% | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -14.98M | -83K | 0 |
| Operating Income | -16.88M▲ 0% | -12.36M▲ 26.8% | -10.71M▲ 13.3% | -22.38M▼ 108.8% | -30.21M▼ 35.0% | -32.88M▼ 8.8% | -17.65M▲ 46.3% | 7.49M▲ 142.4% | -6.28M▼ 183.8% | -6.95M▲ 0% |
| Operating Margin % | -3614.99% | -1139.54% | -525.76% | - | - | - | - | - | - | - |
| Operating Income Growth % | -55.24% | 26.76% | 13.34% | -108.83% | -35.01% | -8.84% | 46.32% | 142.45% | -183.8% | - |
| EBITDA | -16.71M | -12.13M | -10.33M | -22.34M | -30.17M | -32.84M | -17.62M | 7.52M | -6.2M | -5.38M |
| EBITDA Margin % | -3578.8% | -1117.51% | -506.77% | - | - | - | - | - | - | - |
| EBITDA Growth % | -54.39% | 27.45% | 14.82% | -116.31% | -35.05% | -8.84% | 46.36% | 142.71% | -182.35% | 12.26% |
| D&A (Non-Cash Add-back) | 169K | 239K | 387K | 35K | 39K | 42K | 35K | 31K | 83K | 1.56M |
| EBIT | -16.88M | -12.36M | -10.71M | -22.38M | -30.21M | -32.88M | -17.65M | -6.9M | -7.5M | -8.59M |
| Net Interest Income | 315K | 153K | 917K | 1.88M | 1.16M | 519K | 82K | 364K | 488K | -51K |
| Interest Income | 35K | 65K | 959K | 1.92M | 1.19M | 562K | 297K | 375K | 503K | 397K |
| Interest Expense | 67K | 49K | 42K | 33K | 31K | 43K | 215K | 11K | 15K | 448K |
| Other Income/Expense | 35K | 65K | 934K | 1.92M | 1.44M | 414K | -215K | -14.4M | -1.24M | -1.77M |
| Pretax Income | -16.85M▲ 0% | -12.3M▲ 27.0% | -9.78M▲ 20.5% | -20.46M▼ 109.2% | -28.77M▼ 40.6% | -32.47M▼ 12.8% | -17.87M▲ 45.0% | -6.91M▲ 61.3% | -7.52M▼ 8.8% | -8.72M▲ 0% |
| Pretax Margin % | -3607.49% | -1133.55% | -479.93% | - | - | - | - | - | - | - |
| Income Tax | 106K | 0 | 75K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | -0.63% | 0% | -0.77% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -16.95M▲ 0% | -12.3M▲ 27.5% | -9.86M▲ 19.9% | -18.54M▼ 88.1% | -27.61M▼ 48.9% | -31.95M▼ 15.7% | -18.57M▲ 41.9% | -6.91M▲ 62.8% | -7.52M▼ 8.8% | -8.72M▲ 0% |
| Net Margin % | -3630.19% | -1133.55% | -483.61% | - | - | - | - | - | - | - |
| Net Income Growth % | -59.6% | 27.45% | 19.86% | -88.12% | -48.91% | -15.71% | 41.87% | 62.78% | -8.75% | -48.26% |
| Net Income (Continuing) | -16.95M | -12.3M | -9.86M | -20.46M | -28.77M | -32.47M | -17.87M | -6.91M | -7.52M | -8.72M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -22.36▲ 0% | -14.77▲ 33.9% | -8.15▲ 44.8% | -13.17▼ 61.6% | -19.46▼ 47.8% | -19.48▼ 0.1% | -11.08▲ 43.1% | -29.95▼ 170.3% | -8.08▲ 73.0% | -2.21▲ 0% |
| EPS Growth % | -55.82% | 33.94% | 44.82% | -61.6% | -47.76% | -0.1% | 43.12% | -170.31% | 73.02% | -2412% |
| EPS (Basic) | -22.36 | -14.77 | -8.15 | -13.17 | -19.46 | -19.48 | -11.08 | -30.05 | -8.08 | - |
| Diluted Shares Outstanding | 758.31K | 832.49K | 1.21M | 1.41M | 1.42M | 1.64M | 1.68M | 230.79K | 930.82K | 3.95M |
| Basic Shares Outstanding | 758.31K | 832.49K | 1.21M | 1.41M | 1.42M | 1.64M | 1.68M | 230K | 930.82K | 3.95M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
Galmed Pharmaceuticals Ltd. (GLMD) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 15.73M | 19.15M | 90.41M | 76.43M | 51.81M | 36.05M | 14.72M | 13.24M | 16.12M | 21.08M |
| Cash & Short-Term Investments | 15.45M | 19M | 90.19M | 75.49M | 50.89M | 34.81M | 13.79M | 12.64M | 15.33M | 20.53M |
| Cash Only | 3.1M | 13.02M | 24.16M | 15.93M | 6.95M | 2.88M | 2.02M | 2.86M | 4.65M | 4.96M |
| Short-Term Investments | 12.35M | 5.98M | 66.03M | 59.56M | 43.94M | 31.93M | 11.77M | 9.78M | 10.68M | 15.56M |
| Accounts Receivable | 284K | 155K | 51K | 226K | 66K | 79K | 0 | 165K | 209K | 433K |
| Days Sales Outstanding | 221.97 | 52.14 | 9.13 | - | - | - | - | - | - | - |
| Inventory | -254K | -100K | 0 | 0 | 0 | 0 | 114K | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | 1.19K | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 112K | 113K | 114K | 0 | 117K | 121K | 123K |
| Total Non-Current Assets | 718K | 491K | 194K | 709K | 570K | 551K | 1.84M | 3.39M | 2.38M | 1.86M |
| Property, Plant & Equipment | 718K | 491K | 194K | 709K | 570K | 551K | 337K | 125K | 0 | 0 |
| Fixed Asset Turnover | 0.65x | 2.21x | 10.51x | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 1.5M | 3.27M | 2.12M | 9.1M |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 257K | 791K |
| Total Assets | 16.45M▲ 0% | 19.64M▲ 19.4% | 90.6M▲ 361.2% | 77.14M▼ 14.9% | 52.38M▼ 32.1% | 36.6M▼ 30.1% | 16.56M▼ 54.8% | 16.63M▲ 0.4% | 18.5M▲ 11.3% | 22.94M▲ 0% |
| Asset Turnover | 0.03x | 0.06x | 0.02x | - | - | - | - | - | - | 0.00x |
| Asset Growth % | -32.2% | 19.41% | 361.23% | -14.86% | -32.1% | -30.12% | -54.76% | 0.41% | 11.25% | 130.68% |
| Total Current Liabilities | 4.58M | 3.85M | 2.71M | 6.93M | 8.01M | 5.88M | 3.09M | 2.75M | 2.17M | 2.42M |
| Accounts Payable | 3.12M | 2.28M | 1.81M | 6M | 7.05M | 4.87M | 2.56M | 1.88M | 1.31M | 1.37M |
| Days Payables Outstanding | - | - | - | 62.56K | 65.94K | 42.33K | 26.7K | 22.12K | 5.75K | - |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 1.09M | 538K | 0 | 0 | 0 | 0 | -171K | 0 | 0 | 0 |
| Other Current Liabilities | 363K | 1.03M | 892K | 935K | 966K | 1.01M | 363K | 571K | 603K | 0 |
| Current Ratio | 3.44x | 4.98x | 33.41x | 11.02x | 6.47x | 6.13x | 4.76x | 4.81x | 7.42x | 7.42x |
| Quick Ratio | 3.49x | 5.00x | 33.41x | 11.02x | 6.47x | 6.13x | 4.72x | 4.81x | 7.42x | 7.42x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 796K | 0 | 0 | 352K | 216K | 229K | 44K | 0 | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 352K | 216K | 229K | 44K | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 267K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 5.38M | 3.85M | 2.71M | 7.29M | 8.23M | 6.11M | 3.14M | 2.75M | 2.17M | 2.42M |
| Total Debt | 0 | 0 | 0 | 352K | 216K | 229K | 44K | 41K | 0 | 0 |
| Net Debt | -3.1M | -13.02M | -24.16M | -15.58M | -6.73M | -2.65M | -1.97M | -2.82M | -4.65M | -4.96M |
| Debt / Equity | - | - | - | 0.01x | 0.00x | 0.01x | 0.00x | 0.00x | - | 0.00x |
| Debt / EBITDA | - | - | - | - | - | - | - | 0.01x | - | -0.00x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | -0.37x | - | 0.92x |
| Interest Coverage | -251.97x | -252.33x | -255.12x | -678.06x | -974.52x | -764.67x | -82.10x | 681.09x | -418.53x | -19.18x |
| Total Equity | 11.07M▲ 0% | 15.79M▲ 42.6% | 87.89M▲ 456.5% | 69.85M▼ 20.5% | 44.15M▼ 36.8% | 30.5M▼ 30.9% | 13.42M▼ 56.0% | 13.88M▲ 3.4% | 16.33M▲ 17.6% | 20.52M▲ 0% |
| Equity Growth % | -48.6% | 42.62% | 456.47% | -20.53% | -36.79% | -30.93% | -55.99% | 3.4% | 17.64% | 142.64% |
| Book Value per Share | 14.60 | 18.97 | 72.69 | 49.62 | 31.12 | 18.60 | 8.01 | 60.14 | 17.54 | 5.20 |
| Total Shareholders' Equity | 11.07M | 15.79M | 87.89M | 69.85M | 44.15M | 30.5M | 13.42M | 13.88M | 16.33M | 20.52M |
| Common Stock | 34K | 40K | 58K | 58K | 58K | 70K | 70K | 209K | 742K | 2.69M |
| Retained Earnings | -64.32M | -76.62M | -86.47M | -106.94M | -135.71M | -168.17M | -186.04M | -192.95M | -200.47M | -204.07M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -85K | -7K | -11K | 35K | 272K | -171K | -745K | -454K | -416K | -403K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Galmed Pharmaceuticals Ltd. (GLMD) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -12.13M | -12.07M | -9.02M | -14.94M | -26.29M | -32.89M | -18.5M | -6.14M | -5.88M | -5.88M |
| Operating CF Margin % | -2597.22% | -1112.17% | -442.74% | - | - | - | - | - | - | - |
| Operating CF Growth % | -43.13% | 0.51% | 25.23% | -65.54% | -75.99% | -25.13% | 43.75% | 66.83% | 4.19% | -56.59% |
| Net Income | -16.95M | -12.3M | -9.86M | -20.46M | -28.77M | -32.47M | -17.87M | -6.91M | -7.52M | -8.72M |
| Depreciation & Amortization | 169K | 239K | 387K | 35K | 39K | 42K | 35K | 31K | 83K | 0 |
| Stock-Based Compensation | 1.63M | 1.39M | 1.78M | 2.23M | 2.07M | 1.89M | 1.3M | 892K | 531K | 449K |
| Deferred Taxes | -1.4M | 164K | 12K | -114K | -437K | 84K | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 1.67M | -167K | -144K | -63K | -285K | 13K | 485K | -280K | 1.75M | 2.23M |
| Working Capital Changes | 2.75M | -1.4M | -1.21M | 3.44M | 1.1M | -2.45M | -2.45M | 132K | -728K | 576K |
| Change in Receivables | 95K | 129K | -63K | -609K | 15K | -313K | 300K | 345K | -192K | -298K |
| Change in Inventory | 81K | 671K | -142K | 609K | -15K | 313K | -300K | 0 | 0 | 0 |
| Change in Payables | 863K | -846K | -462K | 4.18M | 1.05M | -2.17M | -2.31M | -681K | -571K | 166K |
| Cash from Investing | 6.34M | 6.44M | -60.02M | 6.68M | 16.54M | 11.46M | 17.56M | 800K | -1.11M | -7.74M |
| Capital Expenditures | -17K | -21K | -90K | -12K | -44K | -11K | -4K | 0 | 0 | 0 |
| CapEx % of Revenue | 3.64% | 1.94% | 4.42% | - | - | - | - | - | - | - |
| Acquisitions | 13K | 0 | 6.08M | 21.8M | -24.94M | 0 | -17.57K | -1.5M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 13K | 9K | -6.08M | -21.8M | 24.94M | -1K | 17.57K | 0 | -250K | -250K |
| Cash from Financing | 4.73M | 15.55M | 80.18M | 143K | 768K | 17.37M | 70K | 6.18M | 8.79M | 16.34M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 1000K | 1000K | 1000K | 0 | 707K | 1000K | 70K | 1000K | 1000K | 3M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 255K | 530K | 1.03M | 143K | 61K | 0 | 0 | 0 | 0 | 3.94M |
| Net Change in Cash | -1.06M▲ 0% | 9.92M▲ 1037.1% | 11.14M▲ 12.2% | -8.12M▼ 172.9% | -8.98M▼ 10.7% | -4.06M▲ 54.8% | -868K▲ 78.6% | 848K▲ 197.7% | 1.79M▲ 111.7% | 3.13M▲ 0% |
| Free Cash Flow | -12.15M▲ 0% | -12.09M▲ 0.5% | -9.11M▲ 24.6% | -14.95M▼ 64.0% | -26.33M▼ 76.1% | -32.9M▼ 25.0% | -18.5M▲ 43.8% | -6.14M▲ 66.8% | -5.88M▲ 4.2% | -5.47M▲ 0% |
| FCF Margin % | -2600.86% | -1114.1% | -447.15% | - | - | - | - | - | - | - |
| FCF Growth % | -40.69% | 0.48% | 24.61% | -64.04% | -76.14% | -24.96% | 43.76% | 66.84% | 4.19% | 7.67% |
| FCF per Share | -16.02 | -14.52 | -7.54 | -10.62 | -18.56 | -20.06 | -11.04 | -26.59 | -6.32 | -6.32 |
| FCF Conversion (FCF/Net Income) | 0.72x | 0.98x | 0.92x | 0.81x | 0.95x | 1.03x | 1.00x | 0.89x | 0.78x | 0.63x |
| Interest Paid | 382K | 0 | 865K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 106K | 0 | 75K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Galmed Pharmaceuticals Ltd. (GLMD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -103.94% | -91.54% | -19.01% | -23.51% | -48.44% | -85.59% | -84.57% | -50.63% | -49.77% | -42.5% |
| Return on Invested Capital (ROIC) | -99.83% | -172.49% | -24.17% | -28.44% | -49.42% | -75.57% | -67.38% | 49.92% | -41.42% | -41.42% |
| Gross Margin | 100% | 100% | 100% | - | - | - | - | - | - | - |
| Net Margin | -3630.19% | -1133.55% | -483.61% | - | - | - | - | - | - | - |
| Debt / Equity | - | - | - | 0.01x | 0.00x | 0.01x | 0.00x | 0.00x | - | 0.00x |
| Interest Coverage | -251.97x | -252.33x | -255.12x | -678.06x | -974.52x | -764.67x | -82.10x | 681.09x | -418.53x | -19.18x |
| FCF Conversion | 0.72x | 0.98x | 0.92x | 0.81x | 0.95x | 1.03x | 1.00x | 0.89x | 0.78x | 0.63x |
| Revenue Growth | - | 132.33% | 87.83% | -100% | - | - | - | - | - | - |
Galmed Pharmaceuticals Ltd. (GLMD) stock FAQ — growth, dividends, profitability & financials explained
Galmed Pharmaceuticals Ltd. (GLMD) grew revenue by 0.0% over the past year. Growth has been modest.
Galmed Pharmaceuticals Ltd. (GLMD) reported a net loss of $8.7M for fiscal year 2024.
Galmed Pharmaceuticals Ltd. (GLMD) has a return on equity (ROE) of -49.8%. Negative ROE indicates the company is unprofitable.
Galmed Pharmaceuticals Ltd. (GLMD) had negative free cash flow of $5.5M in fiscal year 2024, likely due to heavy capital investments.
Galmed Pharmaceuticals Ltd. (GLMD) 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