ELAB - PMGC Holdings Inc. Stock Analysis | Stock Taper
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PMGC Holdings Inc.

ELAB

PMGC Holdings Inc. NASDAQ
$3.06 -6.99% (-0.23)

Market Cap $6.37 M
52w High $309.89
52w Low $1.62
P/E -0.01
Volume 1.36M
Outstanding Shares 1.94M

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.

+ Strengths

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.

! Risks

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.

Outlook

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.