IXHL
IXHL 1-star rating from Upturn Advisory

Incannex Healthcare Ltd ADR (IXHL)

Incannex Healthcare Ltd ADR (IXHL) 1-star rating from Upturn Advisory
$0.38
Last Close (24-hour delay)
upturn advisory logo
PASS
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • 1Y
  • 1M
  • 1W

Upturn Advisory Summary

11/05/2025: IXHL (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -47.52%
Avg. Invested days 21
Today’s Advisory PASS
Upturn Star 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 11/05/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 19.05M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta 2.47
52 Weeks Range 0.08 - 3.12
Updated Date 06/29/2025
52 Weeks Range 0.08 - 3.12
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.23

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -20952.04%

Management Effectiveness

Return on Assets (TTM) -76.74%
Return on Equity (TTM) -201.88%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 14183550
Price to Sales(TTM) 194.37
Enterprise Value 14183550
Price to Sales(TTM) 194.37
Enterprise Value to Revenue 144.73
Enterprise Value to EBITDA -5.13
Shares Outstanding 93695400
Shares Floating 28234076
Shares Outstanding 93695400
Shares Floating 28234076
Percent Insiders 26.14
Percent Institutions 8.29

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Incannex Healthcare Ltd ADR

Incannex Healthcare Ltd ADR(IXHL) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Incannex Healthcare Ltd is an Australian pharmaceutical company focused on developing unique medicinal cannabis pharmaceutical products and psychedelic therapies for unmet medical needs. Founded in 2015, Incannex has focused on cannabinoid and psychedelic pharmaceutical development.

Company business area logo Core Business Areas

  • Medicinal Cannabis: Development of cannabinoid-based pharmaceuticals to treat conditions like sleep apnea, traumatic brain injury, and inflammatory bowel disease.
  • Psychedelic Therapies: Development of psychedelic therapies to treat anxiety disorders and other mental health conditions.
  • Novel Drug Delivery: Focuses on innovative drug delivery systems to improve drug efficacy and patient outcomes.

leadership logo Leadership and Structure

The company is led by a management team with experience in pharmaceuticals, biotechnology, and drug development. The organizational structure consists of research and development, clinical trials, and commercialization teams.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • IHL-42X (Sleep Apnea): A proprietary cannabinoid formulation under development for obstructive sleep apnea. No current market share. Competitors: ResMed, Philips Respironics.
  • PsiGAD (Generalized Anxiety Disorder): A psychedelic-assisted psychotherapy program utilizing psilocybin for the treatment of Generalized Anxiety Disorder. Early stages of clinical trials, no market share yet. Competitors: COMPASS Pathways, MindMed.
  • IHL-675A (Inflammatory Disease): A compound in development for inflammatory diseases, consisting of cannabidiol (CBD) and hydroxychloroquine. No current market share. Competitors: Johnson & Johnson, AbbVie

Market Dynamics

industry overview logo Industry Overview

The pharmaceutical industry, particularly in the medicinal cannabis and psychedelic sectors, is experiencing rapid growth driven by increasing acceptance and regulatory changes. The industry is highly competitive and subject to stringent regulations.

Positioning

Incannex Healthcare Ltd is positioned as an innovator in medicinal cannabis and psychedelic therapies, targeting unmet medical needs with unique formulations and delivery systems. Their competitive advantage lies in their proprietary intellectual property and focus on clinical validation.

Total Addressable Market (TAM)

The combined TAM for medicinal cannabis and psychedelic therapies is estimated to be in the billions of dollars. Incannex aims to capture a significant portion of this market through its clinical development programs and commercialization efforts.

Upturn SWOT Analysis

Strengths

  • Proprietary intellectual property
  • Focus on unmet medical needs
  • Experienced management team
  • Strong clinical development pipeline

Weaknesses

  • Limited revenue generation
  • Dependence on capital raising
  • High research and development costs
  • Regulatory uncertainty

Opportunities

  • Expanding regulatory acceptance of medicinal cannabis and psychedelics
  • Increasing demand for alternative therapies
  • Strategic partnerships and collaborations
  • Potential for breakthrough therapies

Threats

  • Competition from established pharmaceutical companies
  • Changing regulatory landscape
  • Clinical trial failures
  • Intellectual property challenges

Competitors and Market Share

Key competitor logo Key Competitors

  • GWPH
  • CMPS
  • MMEDF

Competitive Landscape

Incannex Healthcare Ltd faces competition from established pharmaceutical companies and other emerging players in the medicinal cannabis and psychedelic spaces. Its competitive advantage lies in its novel drug formulations and intellectual property. However, larger competitors have greater resources and established market presence.

Major Acquisitions

APIRx Pharmaceutical USA, LLC

  • Year: 2022
  • Acquisition Price (USD millions): 93.3
  • Strategic Rationale: Acquisition of APIRx provides Incannex access to a portfolio of novel cannabinoid and synthetic cannabimimetic molecules, expanding their product pipeline.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is characterized by expansion of the clinical development pipeline and preclinical research. Revenue growth has been limited.

Future Projections: Future growth is dependent on successful clinical trial outcomes, regulatory approvals, and commercialization of products. Analyst estimates vary widely based on these factors.

Recent Initiatives: Recent initiatives include advancing clinical trials for IHL-42X and PsiGAD, expanding research collaborations, and seeking regulatory approvals.

Summary

Incannex Healthcare is a high-risk, high-reward pharmaceutical company focused on cannabinoid and psychedelic therapies. The company's strength lies in its novel drug formulations, experienced management, and focus on unmet medical needs. It faces risks associated with clinical trials, regulatory hurdles, and competition. Successful clinical trials will be the biggest catalyst to see revenue in the future.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company filings
  • Analyst reports
  • Industry publications

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. The pharmaceutical industry is subject to rapid change and regulatory uncertainty. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Incannex Healthcare Ltd ADR

Exchange NASDAQ
Headquaters Sydney, NSW, Australia
IPO Launch date 2022-03-02
President, CEO & Executive Director Mr. Joel Bradley Latham
Sector Healthcare
Industry Drug Manufacturers - Specialty & Generic
Full time employees 9
Full time employees 9

Incannex Healthcare Inc., a clinical-stage biopharmaceutical company, engages in the research, development, manufacture, sale, and distribution of psychedelic medicines and therapies for patients with chronic diseases in Australia. The company develops IHL-42X, an oral fixed dose combination of dronabinol and acetazolamide that has completed Phase 2/3 clinical trial for the treatment of obstructive sleep apnea; and PSX-001, an oral synthetic psilocybin treatment in Phase 2b clinical development for patients with generalized anxiety disorder. It is also developing IHL-675A, an oral fixed dose combination drug containing synthetic cannabidiol and hydroxychloroquine sulphate in Phase 2 clinical trial to treat rheumatoid arthritis, as well as lung inflammation, acute respiratory disease, chronic obstructive pulmonary disease, asthma, bronchitis, inflammatory bowel disease, colitis, and Crohn's disease. Incannex Healthcare Inc. is headquartered in Sydney, Australia.