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Lexaria Bioscience Corp. (LEXX) 10-Year Financial Performance & Capital Metrics

LEXX • • Industrial / General
HealthcareBiotechnologyPlatform & Technology CompaniesAntibody Discovery Platforms
AboutLexaria Bioscience Corp. operates as a biotechnology company. Its patented drug delivery technology, DehydraTECH, improves the way active pharmaceutical ingredients enter the bloodstream by promoting effective oral delivery. The company's DehydraTECH has demonstrated the ability to increase bio-absorption with cannabinoids and nicotine by 5-10x and in some instances with cannabinoids by 27x compared to standard industry formulations, reduce time of onset from 1 - 2 hours to minutes, and mask unwanted tastes; and is also being evaluated for orally administered anti-viral drugs, non-steroidal anti-inflammatory drugs (NSAIDs), PDE5 inhibitors, and others. DehydraTECH also deliver drugs effectively across the blood brain barrier. It operates a licensed in-house research laboratory and holds intellectual property portfolio with 23 patents granted and approximately 50 patents pending worldwide. Lexaria Bioscience Corp. was incorporated in 2004 and is headquartered in Kelowna, Canada.Show more
  • Revenue $706K +52.0%
  • EBITDA -$12M -105.0%
  • Net Income -$12M -105.4%
  • EPS (Diluted) -0.66 -40.4%
  • Gross Margin 83.2% +0.8%
  • EBITDA Margin -1631.55% -34.8%
  • Operating Margin -1647.97% -34.3%
  • Net Margin -1686% -35.1%
  • ROE -231.96% -106.9%
  • ROIC -790.85% -158.1%
  • Debt/Equity 0.04 +134.2%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Strong 5Y sales CAGR of 17.5%

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 12 (bottom 12%)
  • ✗Shares diluted 45.3% in last year
  • ✗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

10Y47.28%
5Y17.53%
3Y40.34%
TTM5.05%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-47.45%

EPS CAGR

10Y-
5Y-
3Y-
TTM-10.44%

ROCE

10Y Avg-162.84%
5Y Avg-117.63%
3Y Avg-151.75%
Latest-222.65%

Peer Comparison

Antibody Discovery Platforms
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Total Return (DRIP)
Technical
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
NAGENiagen Bioscience Inc503.58M6.3157.3619.18%16.38%28.91%2.37%0.06
BTXBlackRock Technology and Private Equity Term Trust808.8M6.9340.76-81.13%87.75%1.87%34.27%
HALOHalozyme Therapeutics, Inc.8.45B71.8220.9422.44%47.91%118.17%5.55%4.14
RPRXRoyalty Pharma plc16.97B39.7220.80-3.86%32.55%7.95%16.32%0.74
REGNRegeneron Pharmaceuticals, Inc.76.63B741.9219.358.27%32.13%14.79%4.78%0.09
GMABGenmab A/S20.85B33.852.7930.67%46.8%114.25%36.37%0.03
DNAGinkgo Bioworks Holdings, Inc.464.86M9.58-0.91-9.71%-188%-60.66%0.65
PRMEPrime Medicine, Inc.720.24M3.99-2.42-33.02%-121.95%0.27

Profit & Loss

Aug 2016Aug 2017Aug 2018Aug 2019Aug 2020Aug 2021Aug 2022Aug 2023Aug 2024Aug 2025
Sales/Revenue+40.72K63.64K433.29K222.61K314.79K722.74K255.4K226.21K464.28K705.92K
Revenue Growth %1.77%0.56%5.81%-0.49%0.41%1.3%-0.65%-0.11%1.05%0.52%
Cost of Goods Sold+46.23K31.24K27.49K416.64K245.47K175.35K208.68K172.25K80.97K118.57K
COGS % of Revenue1.14%0.49%0.06%1.87%0.78%0.24%0.82%0.76%0.17%0.17%
Gross Profit+-5.52K32.4K405.8K-194.03K69.32K547.39K46.71K53.96K383.3K587.35K
Gross Margin %-0.14%0.51%0.94%-0.87%0.22%0.76%0.18%0.24%0.83%0.83%
Gross Profit Growth %0.64%6.87%11.52%-1.48%1.36%6.9%-0.91%0.16%6.1%0.53%
Operating Expenses+1.25M1.96M7.02M3.95M4.2M6.07M6.55M6.59M6.08M12.22M
OpEx % of Revenue30.8%30.73%16.2%17.73%13.34%8.4%25.64%29.12%13.09%17.31%
Selling, General & Admin1.2M1.83M6.51M3.39M3.81M4.81M4.7M2.92M3.72M3.98M
SG&A % of Revenue29.4%28.8%15.03%15.21%12.11%6.65%18.42%12.91%8.01%5.64%
Research & Development9.02K54.19K492.86K555.73K387.07K1.26M1.84M3.67M2.36M8.24M
R&D % of Revenue0.22%0.85%1.14%2.5%1.23%1.75%7.21%16.21%5.08%11.67%
Other Operating Expenses-48.02K-68.61K-12.97K-7.18K000000
Operating Income+-1.26M-1.92M-6.61M-4.14M-4.13M-5.52M-6.5M-6.53M-5.7M-11.63M
Operating Margin %-30.94%-30.22%-15.26%-18.61%-13.12%-7.64%-25.45%-28.89%-12.27%-16.48%
Operating Income Growth %0.35%-0.53%-2.44%0.37%0%-0.34%-0.18%-0.01%0.13%-1.04%
EBITDA+-1.26M-1.92M-6.61M-4.08M-3.98M-5.37M-6.35M-6.39M-5.62M-11.52M
EBITDA Margin %-30.92%-30.2%-15.26%-18.33%-12.65%-7.43%-24.88%-28.24%-12.1%-16.32%
EBITDA Growth %0.35%-0.53%-2.44%0.38%0.02%-0.35%-0.18%-0.01%0.12%-1.05%
D&A (Non-Cash Add-back)6191.49K2.31K60.55K146.09K147.6K146.91K145.4K76.15K115.85K
EBIT-1.26M-1.92M-6.61M-4.16M-4.15M-4.16M-7.38M-6.71M-5.81M-11.91M
Net Interest Income+-2.25K-6.01K0000043.19K14.31K3.02K
Interest Income000000043.19K14.31K3.02K
Interest Expense2.25K6.01K00000000
Other Income/Expense-17.63K-6.01K4K-16.43K-19.89K1.36M-882.81K-178.5K-113.36K-278.06K
Pretax Income+-1.28M-1.93M-6.61M-4.16M-4.15M-4.16M-7.38M-6.71M-5.81M-11.91M
Pretax Margin %-31.37%-30.32%-15.25%-18.68%-13.18%-5.76%-28.91%-29.67%-12.51%-16.87%
Income Tax+0000000000
Effective Tax Rate %0.95%0.97%1%0.99%0.95%0.97%0.98%0.99%1%1%
Net Income+-1.21M-1.87M-6.6M-4.1M-3.93M-4.03M-7.27M-6.66M-5.8M-11.9M
Net Margin %-29.83%-29.37%-15.23%-18.42%-12.5%-5.57%-28.46%-29.46%-12.48%-16.86%
Net Income Growth %0.31%-0.54%-2.53%0.38%0.04%-0.02%-0.81%0.08%0.13%-1.05%
Net Income (Continuing)-1.28M-1.93M-6.61M-4.16M-4.15M-4.16M-7.38M-6.71M-5.81M-11.91M
Discontinued Operations000064.18K-22K0000
Minority Interest-178.29K-238.48K0107.67K-42.94K-202.09K-316.41K-364.04K-377.35K-386.94K
EPS (Diluted)+-0.83-0.95-2.79-1.62-1.42-0.92-1.24-1.01-0.47-0.66
EPS Growth %0.38%-0.14%-1.94%0.42%0.12%0.35%-0.35%0.19%0.53%-0.4%
EPS (Basic)-0.83-0.95-2.79-1.62-1.42-0.92-1.24-1.01-0.47-0.66
Diluted Shares Outstanding1.46M1.96M2.37M2.59M2.77M4.39M5.89M6.61M12.38M18M
Basic Shares Outstanding1.46M1.96M2.37M2.59M2.77M4.39M5.89M6.61M12.38M18M
Dividend Payout Ratio----------

Balance Sheet

Aug 2016Aug 2017Aug 2018Aug 2019Aug 2020Aug 2021Aug 2022Aug 2023Aug 2024Aug 2025
Total Current Assets+510.17K2.8M2.28M1.82M1.93M12.44M6.98M2.2M7.9M3.47M
Cash & Short-Term Investments93.41K2.53M1.74M1.35M1.31M11.75M6.16M1.48M6.56M1.97M
Cash Only93.41K2.53M1.73M1.29M1.29M10.92M5.81M1.35M6.5M1.8M
Short-Term Investments0010.15K64.21K19.32K833.84K347.33K125.64K55.81K165.36K
Accounts Receivable131.08K45.29K265.75K273.14K313.93K342.4K201.78K175.25K154.48K368.36K
Days Sales Outstanding1.18K259.78223.87447.86363.99172.92288.38282.77121.44190.46
Inventory134.72K67.17K87.23K127.4K116.87K29.65K38.42K000
Days Inventory Outstanding1.06K784.891.16K111.61173.7861.7267.2---
Other Current Assets0000000000
Total Non-Current Assets+56.47K64.68K147.78K856.39K902.28K823.88K856.41K884.21K969.8K706.78K
Property, Plant & Equipment2.48K1.86K1.24K591.26K610.28K459.25K367.95K421.59K389.55K334.94K
Fixed Asset Turnover16.45x34.29x350.27x0.38x0.52x1.57x0.69x0.54x1.19x2.11x
Goodwill0000000000
Intangible Assets54K62.83K146.54K265.13K292K364.62K488.46K462.63K516.68K307.82K
Long-Term Investments0000000000
Other Non-Current Assets0000000063.58K64.01K
Total Assets+566.64K2.86M2.43M2.68M2.83M13.27M7.83M3.08M8.87M4.18M
Asset Turnover0.07x0.02x0.18x0.08x0.11x0.05x0.03x0.07x0.05x0.17x
Asset Growth %-0.2%4.05%-0.15%0.1%0.06%3.69%-0.41%-0.61%1.88%-0.53%
Total Current Liabilities+433.88K92.35K43.64K184.51K225.92K153.28K194.04K267.74K1.1M1.49M
Accounts Payable90.01K32.57K14.38K31.46K45.08K104.89K120.15K225.04K1.06M1.37M
Days Payables Outstanding710.6380.61190.8927.5667.03218.34210.14476.874.77K4.2K
Short-Term Debt000007.93K0000
Deferred Revenue (Current)12.5K17.08K0044.26K0004.96K0
Other Current Liabilities0000000000
Current Ratio1.18x30.27x52.34x9.86x8.53x81.18x35.96x8.22x7.18x2.32x
Quick Ratio0.87x29.54x50.34x9.17x8.01x80.99x35.76x8.22x7.18x2.32x
Cash Conversion Cycle1.53K664.061.19K531.9470.7416.3145.43---
Total Non-Current Liabilities+45K000120.06K49.99K7.4K136.17K109.32K78.9K
Long-Term Debt45K00030.67K00000
Capital Lease Obligations000089.39K49.99K7.4K136.17K109.32K78.9K
Deferred Tax Liabilities0000000000
Other Non-Current Liabilities0000000000
Total Liabilities478.88K92.35K43.64K184.51K345.98K203.26K201.44K403.91K1.21M1.57M
Total Debt+45K42.69K7.86K0156.1K97.32K49.99K163.97K137.37K109.32K
Net Debt-48.41K-2.49M-1.72M-1.29M-1.14M-10.82M-5.76M-1.19M-6.36M-1.69M
Debt / Equity0.51x0.02x0.00x-0.06x0.01x0.01x0.06x0.02x0.04x
Debt / EBITDA----------
Net Debt / EBITDA----------
Interest Coverage-559.83x-319.78x--------
Total Equity+87.76K2.77M2.39M2.49M2.48M13.06M7.63M2.68M7.66M2.6M
Equity Growth %-0.87%30.54%-0.14%0.04%-0%4.26%-0.42%-0.65%1.86%-0.66%
Book Value per Share0.061.411.010.960.902.971.300.410.620.14
Total Shareholders' Equity266.05K3.01M2.39M2.38M2.53M13.27M7.95M3.04M8.04M2.99M
Common Stock51.29K67.98K75.53K78.79K3K5.73K5.95K8.09K15.81K19.56K
Retained Earnings-11.3M-13.17M-19.77M-23.87M-27.8M-31.83M-39.1M-45.76M-51.56M-63.46M
Treasury Stock0000000000
Accumulated OCI00-14.25K00000-19.82K-70.33K
Minority Interest-178.29K-238.48K0107.67K-42.94K-202.09K-316.41K-364.04K-377.35K-386.94K

Cash Flow

Aug 2016Aug 2017Aug 2018Aug 2019Aug 2020Aug 2021Aug 2022Aug 2023Aug 2024Aug 2025
Cash from Operations+-660.86K-1.55M-2.52M-3.01M-2.62M-3.99M-4.88M-5.88M-4.96M-10.45M
Operating CF Margin %-16.23%-24.29%-5.81%-13.5%-8.32%-5.52%-19.1%-26%-10.68%-14.8%
Operating CF Growth %0.56%-1.34%-0.63%-0.19%0.13%-0.52%-0.22%-0.21%0.16%-1.11%
Net Income-1.28M-1.93M-6.61M-4.16M-4.08M-4.19M-7.38M-6.71M-5.81M-11.91M
Depreciation & Amortization6191.49K2.31K60.55K146.09K147.6K102.72K145.4K76.15K87.83K
Stock-Based Compensation122.02K113.04K2.6M626.69K1.14M410.01K752.59K170.38K492.24K859.49K
Deferred Taxes0000000000
Other Non-Cash Items155.79K570.15K1.86M385.93K374.83K-424.66K2M372.25K174.71K318.15K
Working Capital Changes337.97K-301.12K-371.23K79.68K-194.36K63.53K-351.48K143.26K106.56K195.58K
Change in Receivables-6.2K-7.71K-245.46K-138.64K-90.78K189.58K-137.49K26.54K-50.57K-214.32K
Change in Inventory-10.78K-1.06K-33.02K-47.34K4.21K95.04K-1.98K43.07K00
Change in Payables56.94K-40.44K3.21K100.63K-49.49K13.8K50.73K88.49K826.47K0
Cash from Investing+-20.1K-9.7K-155.4K-769.16K-26.84K193.88K-180.64K-169.61K-188.6K-243.02K
Capital Expenditures-3.09K-9.7K-85.4K-646.18K-33.65K-79.49K-49.19K-33.75K-43.01K-24.65K
CapEx % of Revenue0.08%0.15%0.2%2.9%0.11%0.11%0.19%0.15%0.09%0.03%
Acquisitions----------
Investments----------
Other Investing-17.01K00-122.98K0273.37K-131.45K-135.86K-145.59K-218.37K
Cash from Financing+514.29K4M1.87M3.33M2.65M13.42M-44.6K1.59M10.32M6.05M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing0001M04.02M006.11M0
Net Change in Cash----------
Free Cash Flow+-680.96K-1.56M-2.6M-3.77M-2.65M-4.07M-4.93M-6.05M-5M-10.48M
FCF Margin %-16.72%-24.44%-6.01%-16.96%-8.43%-5.63%-19.3%-26.75%-10.77%-14.84%
FCF Growth %0.56%-1.28%-0.67%-0.45%0.3%-0.53%-0.21%-0.23%0.17%-1.09%
FCF per Share-0.47-0.79-1.10-1.46-0.96-0.93-0.84-0.91-0.40-0.58
FCF Conversion (FCF/Net Income)0.54x0.83x0.38x0.73x0.67x0.99x0.67x0.88x0.86x0.88x
Interest Paid0000000000
Taxes Paid00013.92K12.98K16.3K4.78K8.21K10.04K0

Key Ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)-326.4%-130.92%-255.97%-168.05%-158.22%-51.81%-70.25%-129.26%-112.11%-231.96%
Return on Invested Capital (ROIC)-433.48%-911.5%-1048.56%-331.46%-242.86%-230.81%-237.12%-291.59%-306.37%-790.85%
Gross Margin-13.55%50.91%93.66%-87.16%22.02%75.74%18.29%23.86%82.56%83.2%
Net Margin-2983.38%-2937.31%-1522.97%-1841.53%-1249.71%-557.19%-2846.3%-2946.36%-1248.25%-1686%
Debt / Equity0.51x0.02x0.00x-0.06x0.01x0.01x0.06x0.02x0.04x
Interest Coverage-559.83x-319.78x--------
FCF Conversion0.54x0.83x0.38x0.73x0.67x0.99x0.67x0.88x0.86x0.88x
Revenue Growth176.96%56.29%580.85%-48.62%41.41%129.59%-64.66%-11.43%105.24%52.05%

Revenue by Segment

20182019202020212022202320242025
IP Licensing-----146.8K457.99K696K
IP Licensing Growth------211.98%51.97%
B2B---383.18K---9.92K
B2B Growth--------
Other-----35.24K900-
Other Growth-------97.45%-
Research & Development----54.8K---
Research & Development Growth--------
Licensing Revenue---334.97K54.56K---
Licensing Revenue Growth-----83.71%---
Other Revenue---4.58K32.6K---
Other Revenue Growth----610.99%---
License415.18K198K232.91K-----
License Growth--52.31%17.63%-----
Product16.97K24.28K150.99K-----
Product Growth-43.11%521.83%-----
Freight revenuet-328641-----
Freight revenuet Growth--95.43%-----
Cargo and Freight1.14K-------
Cargo and Freight Growth--------

Frequently Asked Questions

Growth & Financials

Lexaria Bioscience Corp. (LEXX) reported $0.5M in revenue for fiscal year 2025. This represents a 62% decrease from $1.4M in 2012.

Lexaria Bioscience Corp. (LEXX) grew revenue by 52.0% over the past year. This is strong growth.

Lexaria Bioscience Corp. (LEXX) reported a net loss of $10.8M for fiscal year 2025.

Dividend & Returns

Lexaria Bioscience Corp. (LEXX) has a return on equity (ROE) of -232.0%. Negative ROE indicates the company is unprofitable.

Lexaria Bioscience Corp. (LEXX) had negative free cash flow of $8.7M in fiscal year 2025, likely due to heavy capital investments.

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