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Intelligent Bio Solutions Inc. (INBS)
NASDAQ:INBS
US Market

Intelligent Bio Solutions (INBS) AI Stock Analysis

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INBS

Intelligent Bio Solutions

(NASDAQ:INBS)

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Neutral 44 (OpenAI - 5.2)
Rating:44Neutral
Price Target:
$2.50
▲(142.72% Upside)
Action:ReiteratedDate:03/24/26
The score is held down primarily by very weak profitability and sustained cash burn, reinforced by bearish technicals with the stock trading below major moving averages. Offsetting factors include manageable leverage and positive corporate execution signals (manufacturing scale-up and regulatory progress), but valuation is difficult to support while losses persist and dilution risk remains.
Positive Factors
Manufacturing scale and margin improvement
A strategic manufacturing partnership increased capacity fourfold and targets >40% unit cost savings and ~20 percentage-point gross margin gain. This structural capacity and cost base improvement supports scalable fulfillment, faster commercialization and durable margin expansion as volumes grow.
Negative Factors
Persistent negative cash flow
Substantial and persistent cash burn (~$9.4M operating, ~$9.7M FCF TTM) means the company lacks self-funded growth runway. Continued negative cash flow requires external funding, constrains strategic flexibility, and increases execution risk until operations generate positive net cash.
Read all positive and negative factors
Positive Factors
Negative Factors
Manufacturing scale and margin improvement
A strategic manufacturing partnership increased capacity fourfold and targets >40% unit cost savings and ~20 percentage-point gross margin gain. This structural capacity and cost base improvement supports scalable fulfillment, faster commercialization and durable margin expansion as volumes grow.
Read all positive factors

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

Intelligent Bio Solutions Business Overview & Revenue Model

Company Description
Intelligent 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 fo...
How the Company Makes Money
INBS generates revenue primarily by selling its drug screening products and associated consumables used with its fingerprint sweat-based testing system. This typically includes sales of single-use test cartridges (or similar disposable tests) and ...

Intelligent Bio Solutions Financial Statement Overview

Summary
Revenue growth and solid gross margin are positives and leverage is modest, but the financial profile is dominated by very large operating/net losses (net margin ~-315% TTM) and persistent, worsening negative free cash flow (~-$9.7M TTM), implying continued funding reliance and high execution risk.
Income Statement
18
Very Negative
Balance Sheet
54
Neutral
Cash Flow
14
Very Negative
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue3.58M3.05M3.11M1.26M0.001.98M
Gross Profit1.07M1.25M1.43M326.67K0.001.98M
EBITDA-10.05M-9.45M-9.31M-9.47M-8.33M0.00
Net Income-11.29M-10.57M-10.16M-10.63M-8.31M-7.04M
Balance Sheet
Total Assets17.65M8.25M13.78M10.35M12.35M21.86M
Cash, Cash Equivalents and Short-Term Investments740.37K1.02M6.30M1.54M8.28M12.57M
Total Debt3.45M281.81K1.15M1.92M0.000.00
Total Liabilities6.76M5.44M5.60M6.67M5.81M6.85M
Stockholders Equity11.09M3.00M8.33M3.80M6.62M15.06M
Cash Flow
Free Cash Flow-9.74M-9.91M-9.79M-7.88M-3.74M-11.30M
Operating Cash Flow-9.38M-9.68M-9.57M-7.38M-3.36M-11.30M
Investing Cash Flow-321.38K-231.84K-221.43K-694.14K-880.22K0.00
Financing Cash Flow8.16M4.60M14.56M1.44M0.0023.40M

Intelligent Bio Solutions Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.03
Price Trends
50DMA
4.66
Negative
100DMA
6.56
Negative
200DMA
10.45
Negative
Market Momentum
MACD
-0.59
Negative
RSI
29.45
Positive
STOCH
14.46
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For INBS, the sentiment is Negative. The current price of 1.03 is below the 20-day moving average (MA) of 3.34, below the 50-day MA of 4.66, and below the 200-day MA of 10.45, indicating a bearish trend. The MACD of -0.59 indicates Negative momentum. The RSI at 29.45 is Positive, neither overbought nor oversold. The STOCH value of 14.46 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for INBS.

Intelligent Bio Solutions Risk Analysis

Intelligent Bio Solutions disclosed 58 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 0 New Risks

Intelligent Bio Solutions Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
53
Neutral
$17.63M-0.14-245.18%-27.66%13.18%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
44
Neutral
$5.30M-0.85-197.93%3.26%65.96%
40
Underperform
$4.30M-0.11-296.20%-67.73%58.35%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
INBS
Intelligent Bio Solutions
2.65
-9.65
-78.46%
ISPC
iSpecimen
0.15
-1.28
-89.79%
BGLC
BioNexus Gene Lab Corp
2.30
0.13
5.99%
BIAF
bioAffinity Technologies, Inc.
3.92
-14.85
-79.12%

Intelligent Bio Solutions Corporate Events

Business Operations and StrategyExecutive/Board ChangesPrivate Placements and FinancingRegulatory Filings and Compliance
Intelligent Bio Solutions Grants Equity Awards, Updates ATM Capacity
Positive
Mar 23, 2026
On March 18, 2026, Intelligent Bio Solutions granted time- and performance-vesting restricted stock to its directors, officers and employees under its 2019 Long Term Incentive Plan, including sizable awards to its CEO and CFO that vest over four y...
Business Operations and StrategyProduct-Related Announcements
Intelligent Bio Solutions Expands Manufacturing Capacity and Deployment
Positive
Feb 25, 2026
On February 25, 2026, Intelligent Bio Solutions announced it had successfully received and deployed the first shipment of its Intelligent Fingerprinting Drug Screening Readers manufactured under a new strategic partnership with Syrma Johari MedTec...
Business Operations and StrategyProduct-Related AnnouncementsRegulatory Filings and Compliance
Intelligent Bio Solutions Launches Codeine Screening Clinical Program
Positive
Jan 28, 2026
On January 28, 2026, Intelligent Bio Solutions announced it has begun a new clinical study program to support an FDA 510(k) submission for U.S. market clearance of its non-invasive Intelligent Fingerprinting Drug Screening System for detecting the...
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.Date of analysis: Mar 24, 2026