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MARKETS / NASDAQ / INM
NASDAQ · PHARMACEUTICAL PREPARATIONS · SMALL CAP

InMed Pharmaceuticals Inc. INM

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$-12.6M
In brief

What this company does

Together with BayMedica, our manufacturing capabilities include traditional approaches such as chemical synthesis and biosynthesis, as well as a proprietary, integrated manufacturing approach called IntegraSyn. BayMedica’s commercial business specializes in the B2B commercialization of bulk rare, non-intoxicating cannabinoids as raw materials for the Health and Wellness sector that are bioidentical to those found in nature. We were originally incorporated in the Province of British Columbia, under the Business Corporations Act (British Columbia) (the “BCBCA”), on May 19, 1981 (the “Incorporation Date”), and we have undergone a number of executive management, corporate name and business sector changes since such Incorporation Date, ultimately changing our name to “InMed Pharmaceuticals Inc.” on October 6, 2014. As of September 12, 2025, inclusive of our management team, we had 13 full-time employees, and we also utilize the services of several consultants.

Written from the business description in InMed Pharmaceuticals Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 23 September 2025. Every sentence was checked against that document before publication.

Growth
Revenue, FY2025 · full 7-year series below
Revenue $M Net income $M
FY2024 · Revenue 4.9 · Net income -8.2
2M4M-8M-16M2019202020212022202320242025
Compound annual growth
+65.5%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
Operating margin Net margin
FY2024 · Operating -175.8% · Net -165.1%
500%1000%1500%-500%-1000%-1500%2019202020212022202320242025
ROE
FY2025 · ROE -173.1%
-100%-200%2019202020212022202320242025

Each USD of equity lost 173 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2023 · FCF -7.0
-8M2019202020212022202320242025

Total assetsUSD 3.0M
EquityUSD 1.1M
CashUSD 2.2M
Current ratio1.37×

Equity funds 35% of total assets.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B·0.00.00.00.00.0·
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0·
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.0·
Income tax $B··0.00.0···
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B··−0.0−0.0−0.0−0.0−0.0
EPS, diluted $−3.12−8.36−20.14−3.25−33.17−37.96−1.71
Dividend / sh $·······
Payout %·······
ROE %−173.1−72.1−72.1−75.1−226.1−154.0−152.1
Shares out B0.010.000.000.000.000.000.01

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 32 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 63 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPharmaceutical Preparations
Listed onNASDAQ
Incorporated inoutside the United States — SEC code A1
Fiscal year endsJune 30
SEC categorysmaller reporting company
Data on record since2019

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