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Genelux Corp. (GNLX)
NASDAQ:GNLX
US Market

Genelux Corp. (GNLX) AI Stock Analysis

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Genelux Corp.

(NASDAQ:GNLX)

Rating:48Neutral
Price Target:
$2.50
▼(-5.66%Downside)
The overall stock score is primarily affected by significant financial performance challenges, characterized by ongoing losses and high leverage. Neutral technical indicators provide some stability but do not offset financial concerns. Valuation is unfavorable due to negative earnings and no dividend yield.
Positive Factors
Clinical Trial Success
Positive initial data from the study showed 71% of evaluable patients achieved disease control with Olvi-Vec, with favorable safety and tolerability.
Financial Health
The company secured $10.5 million in equity financing, extending its financial runway into 2026, supporting further development efforts.
Negative Factors
Financial Performance
Genelux reported a net loss, but maintains sufficient cash and short-term investments to support operations into 2026.
Operating Expenses
In 4Q24, the company reported operating expenses of $9.7M, which was higher than 3Q24, likely associated with costs related to initiating to recurrent NSCLC study in the US.

Genelux Corp. (GNLX) vs. SPDR S&P 500 ETF (SPY)

Genelux Corp. Business Overview & Revenue Model

Company DescriptionGenelux Corporation, a clinical-stage biopharmaceutical company, focuses on developing next-generation oncolytic viral immunotherapies for patients suffering from aggressive and/or difficult-to-treat solid tumor types. Its lead product candidate is Olvi-Vec, a proprietary, modified strain of the vaccinia virus for the treatment of ovarian cancer and non-small-cell lung cancer. The company is also developing V2ACT Immunotherapy for the treatment of pancreatic cancer; and V-VET1 to treat hematologic and solid cancer. The company was incorporated in 2001 and is headquartered in Westlake Village, California.
How the Company Makes MoneyGenelux Corp. primarily generates revenue through the development and commercialization of its oncolytic viral therapies. The company earns money through partnerships and licensing agreements with larger pharmaceutical companies, research institutions, or healthcare providers interested in using their proprietary technologies. Additionally, Genelux may receive funding from government grants and research collaborations, as well as potential milestone payments and royalties from successful product commercialization. While the company is focused on advancing its core product Olvi-Vec through clinical trials, its revenue streams are significantly influenced by the progress of these trials and regulatory approvals.

Genelux Corp. Financial Statement Overview

Summary
Genelux Corp. faces significant financial challenges, with continued negative profitability and cash flow issues. Despite improvements in equity, the high leverage and dependency on external financing highlight the need for strategic financial restructuring.
Income Statement
20
Very Negative
Genelux Corp. shows weak profitability with consistently negative net incomes over the years. The 2024 revenue growth is misleading due to the low base effect from previous years. Gross profit margin is positive due to costs being reported as negative, but net profit margin remains negative, indicating ongoing operational challenges. Both EBIT and EBITDA margins are negative, underscoring significant profitability issues.
Balance Sheet
35
Negative
The company has improved its equity position, transitioning from negative to positive stockholders' equity in recent years, which is a positive sign. However, the debt-to-equity ratio improved but remains concerning, reflecting high leverage. The equity ratio indicates a low percentage of assets financed by equity, limiting financial flexibility.
Cash Flow
25
Negative
Operating cash flows remain negative, indicating ongoing operational losses. Free cash flow is also negative, with no clear growth trajectory. The operating cash flow to net income ratio is not favorable, reflecting inefficiencies in converting income into cash. Financing activities are primarily sustaining the cash position, which poses risks if external financing becomes unavailable.
Breakdown
TTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
452.00K8.00K170.00K11.07M0.000.00
Gross Profit
-204.00K8.00K-848.00K10.10M-895.00K-658.00K
EBIT
-31.40M-31.70M-24.16M-3.01M-14.61M-12.42M
EBITDA
-29.04M-28.97M-26.46M-1.73M-14.12M-11.76M
Net Income Common Stockholders
-29.51M-29.87M-28.30M-5.21M-17.80M-14.86M
Balance SheetCash, Cash Equivalents and Short-Term Investments
35.10M30.89M23.19M397.00K4.50M11.35M
Total Assets
38.98M34.72M27.89M5.53M8.13M14.01M
Total Debt
1.79M1.87M2.52M26.35M25.31M26.06M
Net Debt
-14.42M-6.70M-6.90M25.96M20.82M14.71M
Total Liabilities
9.14M8.44M8.42M41.31M41.24M36.66M
Stockholders Equity
29.85M26.27M19.47M-35.78M-33.11M-22.66M
Cash FlowFree Cash Flow
-22.69M-21.61M-21.30M-3.62M-6.58M-7.22M
Operating Cash Flow
-22.31M-21.23M-20.27M-3.57M-6.58M-7.21M
Investing Cash Flow
-2.93M-8.13M-14.72M-49.00K0.00-20.00K
Financing Cash Flow
37.38M28.51M44.02M-478.00K-270.00K18.15M

Genelux Corp. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2.65
Price Trends
50DMA
2.57
Positive
100DMA
3.29
Negative
200DMA
2.92
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
52.08
Neutral
STOCH
60.81
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GNLX, the sentiment is Positive. The current price of 2.65 is above the 20-day moving average (MA) of 2.55, above the 50-day MA of 2.57, and below the 200-day MA of 2.92, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 52.08 is Neutral, neither overbought nor oversold. The STOCH value of 60.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GNLX.

Genelux Corp. Risk Analysis

Genelux Corp. disclosed 86 risk factors in its most recent earnings report. Genelux Corp. reported the most risks in the "Tech & Innovation" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Genelux Corp. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (54)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
54
Neutral
$5.38B3.31-45.11%3.29%16.82%0.04%
48
Neutral
$100.75M-131.36%-100.00%9.16%
47
Neutral
$91.10M21.10-18.37%-100.00%
46
Neutral
$106.49M-59.45%48.92%
37
Underperform
$84.83M-246.26%51.02%
$85.67M-20.53%
$152.70M-250.49%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GNLX
Genelux Corp.
2.65
0.27
11.34%
ORMP
Oramed Pharm
2.24
-0.04
-1.75%
IMUX
Immunic
0.84
-0.39
-31.71%
XBIT
XBiotech
2.76
-3.56
-56.33%
TLSA
Tiziana Life Sciences
1.42
0.69
94.52%
ZNTL
Zentalis Pharmaceuticals
1.46
-8.06
-84.66%

Genelux Corp. Corporate Events

Executive/Board Changes
Genelux Corp. Appoints New CFO Amid Leadership Change
Neutral
Feb 3, 2025

Genelux Corporation announced the resignation of Lourie Zak as Chief Financial Officer on January 29, 2025. As part of her departure, Zak will serve as a non-employee advisor until August 29, 2025, and receive severance benefits including a cash payment, health insurance continuation, and eligibility for an annual bonus. Concurrently, Matt Pulisic was appointed as the new CFO, effective January 30, 2025. Pulisic, previously with Arrowhead Pharmaceuticals, will receive a base salary with a discretionary bonus, stock options, and severance benefits under certain conditions, strengthening the company’s financial leadership.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.