Immuron (IMRN) AI Stock Analysis

• Market Cap: $10.48M
• Dividend Yield: N/A
• Average Volume (3M): 39.37K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.22
• Revenue Growth: 82.77%
• EPS Growth: -87.95%
• Country: US
• Employees: 7
• Sector: Healthcare
• Sector Strength: 55
• Industry: Biotechnology
• EPS (TTM): -0.85
• Shares Outstanding: 5,848,975
• 10 Day Avg. Volume: 38,596
• 30 Day Avg. Volume: 39,365
• PEG Ratio: -0.14
• Price to Book (P/B): 0.88
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.92
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 44 Neutral
• Price Target: $1.50 ▼(-14.29%Downside)

Immuron's stock score is primarily impacted by its strong revenue growth, offset by significant profitability challenges and weak cash flow, leading to liquidity concerns. Technical analysis indicates a neutral market stance, while valuation is hindered by ongoing losses and lack of dividends.

Immuron Business Overview & Revenue Model

Company Description

Immuron Limited, a biopharmaceutical company, researches, develops, and commercializes polyclonal antibodies in Australia, the United States, and internationally. The company operates through two segments, Research and Development, and Hyperimmune Products. It markets Travelan, an over-the-counter medicine to reduce the risk of travelers' diarrhea and reduce the symptoms of minor gastro-intestinal disorders, as well as for dietary supplement for digestive tract protection; and Protectyn, an immune supplement to maintain a healthy digestive function and liver. The company is also developing Travelan (IMM-124E) that is in Phase III clinical trials to reduce the risk of contracting travelers' diarrhea, as well as acts as an anti-viral activity against SARS-CoV-2; and IMM-529, which is in clinical development stage focuses on treating patients suffering from recurring clostridium difficile infection. It has a research agreement with Naval Medical Research Center to develop and clinically evaluate a therapeutic targeting Campylobacter and ETEC infections; and a collaboration agreement with the Walter Reed Army Institute of Research to develop an oral therapeutic for shigellosis. Immuron Limited was incorporated in 1994 and is based in Carlton, Australia.

How the Company Makes Money

Immuron makes money primarily through the sale of its commercial product, Travelan, which is sold over-the-counter to travelers seeking to prevent travelers' diarrhea. Revenue is generated from direct sales, distribution agreements, and licensing deals across various international markets. Additionally, Immuron invests in research collaborations and partnerships aimed at expanding its product portfolio, including potential treatments for NASH and Clostridium difficile infections. These partnerships may offer milestone payments and royalties based on the success of development and commercialization efforts. The company's revenue streams are thus a combination of product sales, licensing, and strategic partnerships.

Immuron Financial Statement Overview

Summary

Immuron shows strong revenue growth but struggles with profitability, indicated by negative net profit and operating margins. The balance sheet is stable with low leverage, but weak cash flow performance highlights liquidity concerns.

Income Statement

The company has shown a significant increase in revenue over the past year, with a revenue growth rate of 171.7%. However, profitability remains a challenge as evidenced by the negative net profit margin of -141.5% and consistently negative EBIT and EBITDA margins. The gross profit margin is relatively strong at 68.1%, indicating good control over direct costs, but overall profitability is heavily impacted by high operating expenses.

Balance Sheet

The balance sheet exhibits financial stability with a low debt-to-equity ratio of 0.01, suggesting minimal leverage. However, the return on equity is negative at -54.6%, reflecting the company's struggle to generate profits from shareholder investments. The equity ratio stands at 81.7%, indicating a strong equity position relative to total assets, which provides some financial resilience.

Cash Flow

Cash flow performance is weak, with a negative operating cash flow to net income ratio, indicating that the company is not generating enough cash from operations to cover its net income loss. Free cash flow is also negative, and the free cash flow growth rate is -113.7%, showing a declining trend in cash available after capital expenditures.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
6.54M	4.90M	1.80M	765.19K	145.78K	2.52M
	Gross Profit
4.41M	3.34M	1.31M	523.50K	94.70K	1.83M
	EBIT
-6.32M	-5.80M	-6.00M	-4.06M	-8.41M	-3.39M
	EBITDA
-5.89M	-6.88M	-3.80M	-3.08M	-8.33M	-3.17M
	Net Income Common Stockholders
-7.35M	-6.94M	-3.79M	-2.85M	-8.38M	-2.93M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
7.74M	11.66M	18.99M	22.11M	25.05M	3.25M
	Total Assets
12.17M	15.55M	21.99M	24.86M	27.05M	6.20M
	Total Debt
135.62K	173.50K	189.09K	209.79K	20.50K	61.10K
	Net Debt
-7.60M	-11.48M	-16.97M	-21.90M	-25.03M	-3.19M
	Total Liabilities
1.83M	2.84M	2.37M	1.68M	1.16M	558.25K
	Stockholders Equity
10.34M	12.71M	19.62M	23.18M	25.90M	5.64M
Cash Flow		Free Cash Flow
-7.87M	-5.88M	-2.50M	-3.14M	-4.09M	-3.17M
	Operating Cash Flow
-7.87M	-5.88M	-2.49M	-3.13M	-4.08M	-3.16M
	Investing Cash Flow
228.05K	327.56K	-2.74M	-10.05K	-6.63K	-864.00
	Financing Cash Flow
-17.90K	829.00	-35.02K	-36.26K	26.49M	1.17M

Immuron Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 1.75
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IMRN, the sentiment is Neutral. The current price of 1.75 is above the 20-day moving average (MA) of 1.75, below the 50-day MA of 1.78, and below the 200-day MA of 2.02, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 47.99 is Neutral, neither overbought nor oversold. The STOCH value of 36.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IMRN.

Immuron Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	54 Neutral	$5.38B	3.31	-45.11%	3.29%	16.82%	0.04%
PRTG	48 Neutral	$8.72M	―	-194.84%	―	―	48.91%
HOOK	44 Neutral	$18.89M	―	-105.79%	―	-82.54%	-12.53%
IMRN	44 Neutral	$10.48M	―	-52.79%	―	82.77%	-87.95%
RLMD	41 Neutral	$26.29M	―	-160.26%	―	―	19.21%
CTXR	38 Underperform	$10.91M	―	-60.06%	―	―	8.99%
BTAI	37 Underperform	$12.05M	―	82.91%	―	64.20%	73.71%