ELAB
ELAB
PMGC Holdings Inc.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $304.14K ▲ | $3.01M ▲ | $-2.98M ▼ | -980.71% ▼ | $-51.92 ▲ | $-2.75M ▼ |
| Q3-2025 | $285.95K ▲ | $2.24M ▲ | $-2.59M ▼ | -907.27% ▼ | $-117.84 ▼ | $-2.38M ▼ |
| Q2-2025 | $0 | $1.01M ▼ | $-562.36K ▲ | 0% | $-37.92 ▲ | $-579.47K ▲ |
| Q1-2025 | $0 ▲ | $1.19M ▲ | $-1.57M ▲ | 0% ▼ | $-241.92 ▲ | $-1.55M ▼ |
| Q4-2024 | $-1.75M | $-2.1M | $-1.93M | 110.71% | $-3.22K | $330.04K |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $5.4M ▼ | $12.87M ▼ | $5.03M ▼ | $7.84M ▼ |
| Q3-2025 | $8.5M ▲ | $14.94M ▲ | $6.45M ▲ | $8.49M ▼ |
| Q2-2025 | $6.31M ▲ | $9.38M ▲ | $326.3K ▼ | $9.05M ▲ |
| Q1-2025 | $5.92M ▲ | $8.89M ▼ | $760.27K ▼ | $8.13M ▲ |
| Q4-2024 | $3.98M | $8.99M | $2.33M | $6.66M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $-2.96M ▼ | $-1.75M ▼ | $-548.64K ▲ | $0 ▼ | $-2.3M ▼ | $-1.65M ▼ |
| Q3-2025 | $-2.62M ▼ | $-1.49M ▼ | $-2.2M ▼ | $5.71M ▲ | $2.02M ▲ | $-1.59M ▼ |
| Q2-2025 | $-562.36K ▲ | $-1.35M ▲ | $196.84K ▲ | $1.47M ▼ | $318.19K ▼ | $-1.35M ▼ |
| Q1-2025 | $-1.61M ▲ | $-1.35M ▲ | $-215.32K ▲ | $2.94M ▲ | $1.38M ▲ | $-1.35M ▲ |
| Q4-2024 | $-1.93M | $-2M | $-439.08K | $0 | $-2.44M | $-2.3M |
5-Year Trend Analysis
A comprehensive look at PMGC Holdings Inc.'s financial evolution and strategic trajectory over the past five years.
Key strengths include strong short-term liquidity and a net cash position, exposure to high-barrier and mission-critical markets, and a differentiated biotech platform aligned with the booming obesity treatment ecosystem. The company also benefits from valuable certifications and regulatory clearances in its manufacturing assets, a broad industrial customer base, and an expanding intellectual property portfolio. Diversification across biotech, precision manufacturing, and packaging provides multiple potential growth engines if execution is effective.
The primary risks are persistent operating losses, heavy cash burn, and a cost structure that is far too large for the current revenue base. Historical losses have already accumulated on the balance sheet, and the business remains dependent on external financing. Operational complexity from managing very different businesses under one roof, exposure to clinical, regulatory, and contract risks, and competition from larger incumbents all add to uncertainty. Prior stock volatility and repeated reverse splits also suggest capital-markets risk and potential investor fatigue.
The outlook is highly uncertain but offers upside if the company can scale revenue in its industrial units, hit key biotech milestones, and bring expenses more in line with its size. In the near term, the story is likely to remain one of transition and investment, with financial results pressured by losses and cash burn. Over a longer horizon, outcomes will hinge on clinical progress in the probiotic programs, successful execution of aerospace and defense contracts, disciplined integration of future acquisitions, and continued access to funding while the business model matures.
About PMGC Holdings Inc.
https://pmgcholdings.comPMGC Holdings Inc., a biopharmaceutical company, focuses on the development and acquisition of cutting-edge aesthetic medicines and therapeutic products. The company's lead product includes EL-22, a first-in-class engineered probiotic approach to address obesity's pressing issue of preserving muscle while on weight loss treatments, including GLP-1 receptor agonists.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $304.14K ▲ | $3.01M ▲ | $-2.98M ▼ | -980.71% ▼ | $-51.92 ▲ | $-2.75M ▼ |
| Q3-2025 | $285.95K ▲ | $2.24M ▲ | $-2.59M ▼ | -907.27% ▼ | $-117.84 ▼ | $-2.38M ▼ |
| Q2-2025 | $0 | $1.01M ▼ | $-562.36K ▲ | 0% | $-37.92 ▲ | $-579.47K ▲ |
| Q1-2025 | $0 ▲ | $1.19M ▲ | $-1.57M ▲ | 0% ▼ | $-241.92 ▲ | $-1.55M ▼ |
| Q4-2024 | $-1.75M | $-2.1M | $-1.93M | 110.71% | $-3.22K | $330.04K |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $5.4M ▼ | $12.87M ▼ | $5.03M ▼ | $7.84M ▼ |
| Q3-2025 | $8.5M ▲ | $14.94M ▲ | $6.45M ▲ | $8.49M ▼ |
| Q2-2025 | $6.31M ▲ | $9.38M ▲ | $326.3K ▼ | $9.05M ▲ |
| Q1-2025 | $5.92M ▲ | $8.89M ▼ | $760.27K ▼ | $8.13M ▲ |
| Q4-2024 | $3.98M | $8.99M | $2.33M | $6.66M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $-2.96M ▼ | $-1.75M ▼ | $-548.64K ▲ | $0 ▼ | $-2.3M ▼ | $-1.65M ▼ |
| Q3-2025 | $-2.62M ▼ | $-1.49M ▼ | $-2.2M ▼ | $5.71M ▲ | $2.02M ▲ | $-1.59M ▼ |
| Q2-2025 | $-562.36K ▲ | $-1.35M ▲ | $196.84K ▲ | $1.47M ▼ | $318.19K ▼ | $-1.35M ▼ |
| Q1-2025 | $-1.61M ▲ | $-1.35M ▲ | $-215.32K ▲ | $2.94M ▲ | $1.38M ▲ | $-1.35M ▲ |
| Q4-2024 | $-1.93M | $-2M | $-439.08K | $0 | $-2.44M | $-2.3M |
5-Year Trend Analysis
A comprehensive look at PMGC Holdings Inc.'s financial evolution and strategic trajectory over the past five years.
Key strengths include strong short-term liquidity and a net cash position, exposure to high-barrier and mission-critical markets, and a differentiated biotech platform aligned with the booming obesity treatment ecosystem. The company also benefits from valuable certifications and regulatory clearances in its manufacturing assets, a broad industrial customer base, and an expanding intellectual property portfolio. Diversification across biotech, precision manufacturing, and packaging provides multiple potential growth engines if execution is effective.
The primary risks are persistent operating losses, heavy cash burn, and a cost structure that is far too large for the current revenue base. Historical losses have already accumulated on the balance sheet, and the business remains dependent on external financing. Operational complexity from managing very different businesses under one roof, exposure to clinical, regulatory, and contract risks, and competition from larger incumbents all add to uncertainty. Prior stock volatility and repeated reverse splits also suggest capital-markets risk and potential investor fatigue.
The outlook is highly uncertain but offers upside if the company can scale revenue in its industrial units, hit key biotech milestones, and bring expenses more in line with its size. In the near term, the story is likely to remain one of transition and investment, with financial results pressured by losses and cash burn. Over a longer horizon, outcomes will hinge on clinical progress in the probiotic programs, successful execution of aerospace and defense contracts, disciplined integration of future acquisitions, and continued access to funding while the business model matures.

CEO
Graydon Bensler
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2026-03-10 | Reverse | 1:6 |
| 2026-01-06 | Reverse | 1:4 |
ETFs Holding This Stock
Summary
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Ratings Snapshot
Rating : C+

