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An announcement from Psyence Biomedical ( (PBM) ) is now available.
Psyence Biomedical Ltd. has released its unaudited interim consolidated financial statements for the three and six months ended September 30, 2025, and 2024. The financial results indicate an increase in total assets from $7.3 million as of March 31, 2025, to $12.8 million as of September 30, 2025, primarily due to a significant investment in Psyence Labs Ltd. Despite an increase in liabilities, the company’s shareholders’ equity also rose, reflecting a positive financial position. These developments suggest a strengthening of Psyence Biomedical’s financial foundation, which could enhance its capacity to pursue strategic initiatives in the psychedelic therapy market.
More about Psyence Biomedical
Psyence Biomedical Ltd. operates in the biomedical industry, focusing on the development of psychedelic therapies for mental health and wellness. The company is based in Toronto, Ontario, and is involved in research and development activities to advance its product offerings in the mental health sector.
Average Trading Volume: 584,987
Technical Sentiment Signal: Sell
Current Market Cap: $5.22M
Learn more about PBM stock on TipRanks’ Stock Analysis page.