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Artelo Biosciences Inc

Company price
None USD 0.00(0%)
Last update at 2024-07-24T15:01:27.921311Z
Market Cap
0.03M

Momentum Score

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Artelo Biosciences, Inc., a clinical stage biopharmaceutical company, develops and commercializes therapeutics that target lipid-signaling pathways in the United States. It's product candidate pipeline includes ART27.13, a synthetic dual cannabinoid G protein-coupled receptor agonist, which is in Phase 1b/2a clinical trial for the treatment of anorexia associated with cancer; ART12.11, a synthetic cannabidiol cocrystal for the treatment anxiety, post-traumatic stress disorder, epilepsy, inflammatory bowel disease, and other potential indications; and ART26.12, a fatty acid binding protein 5 inhibitor for treating chemotherapy induced peripheral neuropathy, diabetic neuropathy, prostate cancer and breast cancer, pain, dermatologic conditions, and anxiety disorders. The company was formerly known as Reactive Medical, Inc. and changed its name to Artelo Biosciences, Inc. in April 2017. Artelo Biosciences, Inc. was incorporated in 2011 and is based in Solana Beach, California.

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52 Week Price Range
0.01
Low
0.12
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
-
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
0.00
ROE
-59.63%
Net Debt
-6.83M
ROCE
-52.95%
Diluted EPS TTM
-1.43

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-08-31 2022-08-31 2021-08-31 2020-08-31 2019-08-31
Type yearly yearly yearly yearly yearly
Date 2023-08-31 2022-08-31 2021-08-31 2020-08-31 2019-08-31
Income before tax -10.08M -10.08M -7.44M -4.65M -2.17M
Net income -9.87M -10.08M -7.44M -4.65M -2.17M
Selling general administrative 5.96M 5.96M 4.60M 2.77M 2.12M
Reconciled depreciation - - - 0.00M 0.00M
Ebit -10.29M - -7.44M -4.72M -4.22M
Ebitda -10.29M -10.08M -7.44M -4.71M -4.22M
Depreciation and amortization 0.00M - -0.00M 0.00M 0.00M
Operating income -10.29M -10.29M -7.44M -4.69M -3.21M
Other operating expenses 10.29M - 7.44M 4.69M 3.21M
Interest expense 0.01M 0.01M 0.00M 0.00M 0.00M
Tax provision - 0.00M 0.00M 0.00M 0.00M
Interest income - 0.00M 0.00M - 1.01M
Net interest income - -0.00M 0.00M - -
Income tax expense -0.21M - -0.00M -0.06M -2.04M
Total revenue - 0.00M 0.00M 0.00M 0.00M
Total operating expenses 10.29M 10.29M 7.44M 4.69M 3.21M
Total other income expense net 0.20M 0.21M 0.00M 0.03M 1.04M
Net income from continuing ops - -10.08M -7.44M -4.65M -2.17M
Net income applicable to common shares - - - - -2.17M
Breakdown 2023-08-31 2022-08-31 2021-08-31 2020-08-31 2019-08-31
Type yearly yearly yearly yearly yearly
Date 2023-08-31 2022-08-31 2021-08-31 2020-08-31 2019-08-31
Total assets 20.42M 20.42M 12.63M 4.38M 6.48M
Intangible assets 2.04M 2.04M 2.04M 2.04M 2.04M
Other current assets 0.79M 0.79M 0.25M 0.20M 0.02M
Total liab 1.02M 1.02M 0.59M 0.50M 1.02M
Total stockholder equity 19.40M 19.40M 12.04M 3.87M 5.46M
Other current liab 0.05M - 0.01M 0.01M 0.67M
Common stock 0.00M - 0.03M 0.00M 0.00M
Capital stock - 0.00M 0.03M 0.00M 0.00M
Retained earnings -31.02M -31.02M -16.90M -9.47M -4.81M
Other assets - - - 0.00M -
Cash 6.89M 6.89M 6.63M 2.14M 4.42M
Total current liabilities 1.00M 1.00M 0.53M 0.50M 1.02M
Net debt -6.83M - -6.53M -2.14M -4.42M
Short term debt 0.04M - 0.03M - 0.00M
Short long term debt total 0.06M - 0.10M - 0.00M
Other stockholder equity 50.67M - 28.90M 13.27M 10.28M
Property plant equipment - - - - 0.00M
Total current assets 18.32M 18.32M 10.32M 2.34M 4.44M
Long term investments - 0.00M - - -
Short term investments 10.64M 10.64M 3.44M - 0.00M
Net receivables - - - - 0.01M
Inventory - - - - -0.01M
Accounts payable 0.91M 0.91M 0.49M 0.49M 0.35M
Accumulated other comprehensive income -0.25M - 0.02M 0.06M -0.01M
Common stock total equity - - - - 0.00M
Non currrent assets other 0.00M 0.00M 0.19M - -
Non current assets total 2.10M 2.10M 2.32M 2.04M 2.04M
Capital lease obligations - 0.06M 0.10M - -
Breakdown 2023-08-31 2022-08-31 2021-08-31 2020-08-31 2019-08-31
Type yearly yearly yearly yearly yearly
Date 2023-08-31 2022-08-31 2021-08-31 2020-08-31 2019-08-31
Investments - 2.96M -3.44M 0.00M -1.50M
Total cashflows from investing activities - - - - -1.50M
Total cash from financing activities -0.04M 0.00M 14.11M 1.98M 8.38M
Net income -10.08M -10.08M -7.44M -4.65M -2.17M
Change in cash -5.27M -5.27M 4.49M -2.28M 4.09M
Begin period cash flow 12.16M 12.16M 2.14M 4.42M 0.34M
End period cash flow 6.89M 6.89M 6.63M 2.14M 4.42M
Total cash from operating activities -8.01M -8.01M -6.14M -4.35M -2.79M
Issuance of capital stock - 0.00M 8.10M 1.98M 8.38M
Depreciation - - - 0.00M 0.00M
Sale purchase of stock - - - -0.00M -4.42M
Other cashflows from financing activities 0.04M - 6.01M 0.00M 0.00M
Capital expenditures 0.00M 0.00M 0.00M 0.00M 1.50M
Change in working capital -0.17M -0.17M -0.24M -0.04M -0.14M
Stock based compensation 2.46M 2.46M 1.53M 0.38M 0.43M
Other non cash items -0.21M -0.00M 0.01M -0.03M 0.10M
Free cash flow -8.01M -8.01M -6.14M -4.35M -4.29M

Peer Comparison*

Sector: Healthcare Industry: Biotechnology

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
NVO
Novo Nordisk A/S
0.85
2.22%
39.14 41.58 31.15 2.13 32.99
VRTX
Vertex Pharmaceuticals Inc
10.31
1.95%
540.00 30.22 24.27 10.36 6.50
REGN
Regeneron Pharmaceuticals Inc
5.50
0.68%
818.77 29.07 20.12 7.57 3.82
ARGNF
argenx SE
-
-%
790.15 45.77 31.25 13.84 7.12

Profile*

Artelo Biosciences Inc

Artelo Biosciences, Inc., a clinical stage biopharmaceutical company, develops and commercializes therapeutics that target lipid-signaling pathways in the United States. It's product candidate pipeline includes ART27.13, a synthetic dual cannabinoid G protein-coupled receptor agonist, which is in Phase 1b/2a clinical trial for the treatment of anorexia associated with cancer; ART12.11, a synthetic cannabidiol cocrystal for the treatment anxiety, post-traumatic stress disorder, epilepsy, inflammatory bowel disease, and other potential indications; and ART26.12, a fatty acid binding protein 5 inhibitor for treating chemotherapy induced peripheral neuropathy, diabetic neuropathy, prostate cancer and breast cancer, pain, dermatologic conditions, and anxiety disorders. The company was formerly known as Reactive Medical, Inc. and changed its name to Artelo Biosciences, Inc. in April 2017. Artelo Biosciences, Inc. was incorporated in 2011 and is based in Solana Beach, California.

505 Lomas Santa Fe, Solana Beach, CA, United States, 92075

858 925 7049

6

Name Title Year Born
Mr. Gregory D. Gorgas M.B.A. President, CEO, CFO, Treasurer, Secretary & Director 1963
Dr. Andrew Yates Ph.D. Senior VP & Chief Scientific Officer NA
Dr. Steven D. Reich Chief Medical Officer 1946
Mr. Jason H. Baybutt Senior Vice President of Finance 1972

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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