Edesa Biotech Inc logo

Edesa Biotech Inc(EDSA)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$2.77
10/23/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for EDSA

10/23/2026: EDSA (1-star) is currently NOT-A-BUY. Pass it for now.

Edesa Biotech Inc is a clinical-stage biopharmaceutical firm dedicated to developing therapies for inflammatory and immune-related conditions. The company's strengths lie in its focused development pipeline and experienced leadership team, which manages complex clinical trials. Its primary growth story centers on the potential success of drug candidates like EB05 and EB01. However, investors face substantial risks, including a lack of current commercial revenue, the high likelihood of clinical failure, and the need for ongoing capital dilution. This stock is best suited for high-risk, long-term investors comfortable with the binary nature of biotechnology development who are monitoring progress toward regulatory milestones and potential partnerships.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe growth potential is high if clinical trials succeed, but the lack of commercial revenue makes it speculative.
Momentum investorWeak fitMomentum is often erratic and tied to binary clinical data events rather than sustained market trends.
Value investorWeak fitTraditional value metrics like P/E ratios are not applicable to a pre-revenue clinical-stage biotech.
Dividend investorWeak fitThe company does not pay dividends and reinvests all capital into clinical development.
Low-risk investorWeak fitThe company's reliance on successful clinical outcomes makes it a high-risk investment unsuitable for capital preservation.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock is susceptible to large price swings based on clinical trial results and financing news.
Valuation riskMedium / highValuation is speculative and heavily dependent on long-term probabilities of drug approval.
Competition risk (Biopharmaceutical competition)HighEstablished players have more resources to develop competing therapies for the same indications.
Business qualityMediumThe business is early-stage, meaning its long-term viability depends on the success of its pipeline.
Dividend incomeLow / noneThere is no income component to the investment thesis.
Execution riskHighSuccessfully managing clinical trials and regulatory approvals is complex and prone to delays.

Price Behavior

Rolling Over
PRICE PATH

Rolling Over

The price momentum is slowing down and beginning to turn downward.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit -4.05%
Avg. Invested days 27
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/23/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
EDSA receives a 2-star rating, supported by solid analyst coverage. The rating is constrained by weak unit economics, soft quantitative characteristics, and weak price momentum.

Company Fundamentals

★★★★★
EDSA has moderate overall fundamentals (3 stars), with moderate financial health, soft growth momentum, and solid ownership. In FY2025 versus FY2024, growth and ownership metrics are mixed: negative earnings growth (-16.5%), soft cash generation (FCF margin 0.0%), slightly negative revenue growth (+0.0%).

Financial Health Rating

★★★★★
EDSA's financial health is supported by strong efficiency, including operating-expense and cost-of-revenue discipline (opex 0.0% of revenue). Profitability is weak (1 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
EDSA's growth profile is soft, with the least-weak measure being revenue growth at +0.0% FY2025 versus FY2024. By comparison, while earnings growth (-16.5%, negative) and free-cash-flow growth (-49.7%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 37.4% and approximately 53.1% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 13.55% supports management-shareholder alignment.

Top 5 Institutional Investors

Velan Capital Investment Management LP 6.12%
Rubric Capital Management LP 4.96%
Perceptive Advisors LLC 4.17%
Millennium Management LLC 4.16%
Stonepine Capital Management Llc 3.38%

Unit Economics (Per $1K Revenue)

★★★★★
EDSA generates approximately $-0 of gross profit, $-0 of operating income, and $-0 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Weak margins explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: -0.01% (Tax Credit)

Quantitative Style Profile

★★★★★
EDSA has a liquid profile. Weak momentum is the primary drawback, while soft valuation.

Style Classification

Quality Focused

High VolatilitySmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 37.29M USD
Price to earnings Ratio -
1Y Target Price 16.33
Price to earnings Ratio -
1Y Target Price 16.33
Volume (30-day avg) 42.4K shares
Beta 1.22
52 Weeks Range 0.72 - 20.32
Updated Date 10/23/2026
52 Weeks Range 0.72 - 20.32
Updated Date 10/23/2026
Dividends yield (FY) -
Basic EPS (TTM) -1.68

How Company Makes Money

Business areaWhat it includesRetail investor read
Clinical DevelopmentAdvancing monoclonal antibodies and small molecules through clinical phases.The company does not currently generate revenue; investors are betting on the future value of its drug candidates.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

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Valuation

Trailing PE -
Forward PE 0.18
Enterprise Value 37.64M
Price to Sales(TTM) 130462.29
Enterprise Value 37.64M
Price to Sales(TTM) 130462.29
Enterprise Value to Revenue 140491.25
Enterprise Value to EBITDA -1.25
Shares Outstanding 13.51M
Shares Floating 7.18M
Shares Outstanding 13.51M
Shares Floating 7.18M
Percent Insiders 13.55
Percent Institutions 37.44

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

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