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Intelligent Bio Solutions (INBS)
NASDAQ:INBS
US Market

Intelligent Bio Solutions (INBS) AI Stock Analysis

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Intelligent Bio Solutions

(NASDAQ:INBS)

Rating:49Neutral
Price Target:
$1.00
▼( -22.48% Downside)
INBS shows promising revenue growth and strategic expansion, particularly with global operations and securing a U.S. patent. However, persistent negative earnings, weak cash flows, and bearish technical indicators weigh heavily on the stock's attractiveness. The negative valuation metrics also pose significant concerns, needing resolution for improved investor confidence.

Intelligent Bio Solutions (INBS) vs. SPDR S&P 500 ETF (SPY)

Intelligent Bio Solutions Business Overview & Revenue Model

Company DescriptionIntelligent Bio Solutions Inc., a life sciences company, developing non-invasive, real-time monitoring and diagnostic tests for patients and their primary health practitioners. It offers Saliva Glucose Biosensor, an organic thin-film transistor for diabetes management that measures glucose in saliva. The company also focuses on developing SARS-CoV-2 Biosensor, a biosensor test can be used as a complement to the (RNA) virus detection test; and a biosensor platform comprising of biochemistry, immunology, tumor markers, hormones, and nucleic acid diagnostic modalities. The company was formerly known as GBS Inc. and changed its name to Intelligent Bio Solutions Inc. in October 2022. The company was incorporated in 2016 and is headquartered in New York, New York. Intelligent Bio Solutions Inc. is a subsidiary of Life Science Biosensor Diagnostics Pty Ltd.
How the Company Makes MoneyIntelligent Bio Solutions makes money through the sale of its diagnostic tools and therapeutic platforms to healthcare providers, research institutions, and other entities within the biotech industry. The company generates revenue through direct product sales, licensing agreements, and collaborations with strategic partners. These partnerships may include research and development collaborations where INBS receives funding or milestone payments in exchange for access to its proprietary technology. Additionally, the company may engage in service contracts where it provides specialized testing or research services to its clients.

Intelligent Bio Solutions Financial Statement Overview

Summary
Intelligent Bio Solutions is experiencing revenue growth and improvements in gross profit, but it faces challenges due to persistent negative earnings and cash flow. The balance sheet is relatively stable with a manageable debt level, yet the company must focus on improving profitability and cash generation to enhance its financial standing.
Income Statement
55
Neutral
INBS has shown a significant improvement in revenue over the past years, with a notable increase in gross profit margin compared to previous periods. However, the company is still struggling with negative EBIT and net income, leading to negative profit margins. The revenue growth is promising, yet profitability remains a key challenge.
Balance Sheet
60
Neutral
The company's balance sheet shows a moderate debt-to-equity ratio and a positive equity position, indicating some stability. Stockholders' equity has improved, providing a cushion for liabilities. However, the company needs to address its significant liabilities to improve financial health further.
Cash Flow
50
Neutral
INBS has a negative operating cash flow, which raises concerns about its ability to generate cash from operations. The free cash flow is also negative, although there has been a recent influx of financing cash flow. The company needs to improve cash generation to ensure long-term sustainability.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
3.03M3.11M1.26M0.001.98M188.74K
Gross Profit
1.25M1.43M326.67K0.001.98M188.74K
EBIT
-10.84M-10.28M-12.60M-8.34M-5.57M-2.71M
EBITDA
-9.47M-8.81M-9.47M30.82K-1.82M-561.19K
Net Income Common Stockholders
-10.69M-10.16M-10.63M-8.31M-7.04M-3.16M
Balance SheetCash, Cash Equivalents and Short-Term Investments
2.24M6.30M1.54M8.24M12.57M427.27K
Total Assets
8.68M13.78M10.35M12.35M20.40M2.48M
Total Debt
626.01K871.44K1.34M0.000.005.13M
Net Debt
-1.62M-5.43M-201.56K-8.24M-12.57M4.71M
Total Liabilities
4.48M5.60M6.67M5.81M6.85M7.69M
Stockholders Equity
4.37M8.33M3.80M6.62M13.61M-5.19M
Cash FlowFree Cash Flow
-7.82M-9.79M-7.88M-3.74M-11.30M-498.62K
Operating Cash Flow
-10.12M-9.57M-7.38M-3.36M-11.30M-498.62K
Investing Cash Flow
-176.24K-221.43K-694.14K-880.22K0.00-14.00K
Financing Cash Flow
11.50M14.56M1.44M0.0023.40M733.86K

Intelligent Bio Solutions Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price1.29
Price Trends
50DMA
1.44
Negative
100DMA
1.63
Negative
200DMA
1.58
Negative
Market Momentum
MACD
-0.04
Negative
RSI
48.78
Neutral
STOCH
46.58
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For INBS, the sentiment is Neutral. The current price of 1.29 is above the 20-day moving average (MA) of 1.26, below the 50-day MA of 1.44, and below the 200-day MA of 1.58, indicating a neutral trend. The MACD of -0.04 indicates Negative momentum. The RSI at 48.78 is Neutral, neither overbought nor oversold. The STOCH value of 46.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for INBS.

Intelligent Bio Solutions Risk Analysis

Intelligent Bio Solutions disclosed 63 risk factors in its most recent earnings report. Intelligent Bio Solutions 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 1 New Risks
1.
The sale of a substantial number of shares of our common stock and other securities convertible into or exercisable for our common stock, such as those securities sold in the October 2023 Offering, the Warrant Inducement Transaction and March 2024 Offerings, could depress the market price of our shares of common stock and impair our ability to raise capital through the sale of additional equity securities. Q1, 2024

Intelligent Bio Solutions Peers Comparison

Overall Rating
UnderperformOutperform
Sector (53)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
66
Neutral
$13.58M-25.29%26.67%44.02%
53
Neutral
$5.14B3.06-43.57%2.81%16.81%-0.12%
49
Neutral
$8.85M-126.34%3.87%35.37%
48
Neutral
$6.96M-15.34%34.33%-153.90%
42
Neutral
$6.38M-809.29%
42
Neutral
$7.50M-290.85%78.40%22.41%
26
Underperform
$5.23M-74.17%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
INBS
Intelligent Bio Solutions
1.29
-1.02
-44.16%
STRR
Star Equity Holdings
2.06
-2.44
-54.22%
CHEK
Check-Cap
0.85
-1.42
-62.56%
PRPO
Precipio
9.75
3.88
66.10%
MYNZ
Mainz Biomed B.V.
2.10
-20.77
-90.82%
BIAF
bioAffinity Technologies, Inc.
0.28
-2.39
-89.51%

Intelligent Bio Solutions Corporate Events

Business Operations and Strategy
Intelligent Bio Solutions Expands Global Operations
Positive
May 16, 2025

On May 15, 2025, Intelligent Bio Solutions Inc. announced significant growth in its global operations, driven by new account acquisitions and expansion into new testing areas and sectors. The company now has over 450 active accounts across 24 countries, with notable expansion into the luxury marine sector in Europe and various sectors in Australia. These developments align with the company’s strategic plans for international expansion and strengthen its foundation ahead of entering the U.S. market.

Business Operations and StrategyFinancial Disclosures
Intelligent Bio Solutions Reports Strong Q3 2025 Results
Positive
May 13, 2025

On May 13, 2025, Intelligent Bio Solutions Inc. announced its financial results for the fiscal third quarter and nine months ended March 31, 2025. The company reported a 20% sequential quarterly revenue growth and a 91% year-over-year increase in quarterly gross profit, driven by higher-margin cartridge sales, which now account for 58% of total sales. The company added 35 new accounts, bringing its total active accounts to over 450, and continued its international growth strategy with expansions in Europe and the Middle East. The company also announced a reduction in losses due to improved cost control and operational efficiency, and introduced multilingual functionality to support global scalability.

Product-Related AnnouncementsBusiness Operations and Strategy
Intelligent Bio Solutions Secures U.S. Patent for Drug Screening
Positive
Mar 26, 2025

On March 26, 2025, Intelligent Bio Solutions Inc. announced the granting of a U.S. patent for its Intelligent Fingerprinting Drug Screening Cartridge, marking its sixth active U.S. patent. This patent strengthens the company’s intellectual property portfolio and competitive position as it plans to enter the multi-billion dollar U.S. market in 2025. The patent covers the lateral flow test strip technology used in the company’s drug screening system, which detects drugs in fingerprint sweat. This development is part of INBS’s strategy to leverage the expanding global drug screening market, with a recent FDA 510(k) submission and plans for U.S. market entry.

Product-Related AnnouncementsBusiness Operations and Strategy
Intelligent Bio Solutions Anticipates Sixth U.S. Patent Approval
Positive
Mar 21, 2025

On March 20, 2025, Intelligent Bio Solutions Inc. announced its expectation to receive a sixth U.S. patent, enhancing its intellectual property portfolio for its lateral flow technology used in the Intelligent Fingerprinting Drug Testing Solution. This development is crucial for the company’s strategy to expand its presence in the U.S. drug screening market, as it aims to meet the growing demand for non-invasive testing solutions. The anticipated patent will help protect the company’s proprietary technology as it prepares for U.S. market entry in 2025, positioning it to drive industry transformation and expand its global market presence.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.