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Gelteq Limited Ordinary Shares

GELS

Gelteq Limited Ordinary Shares NASDAQ
$0.76 1.15% (+0.01)

Market Cap $6.95 M
52w High $4.11
52w Low $0.67
P/E -1.48
Volume 9.64K
Outstanding Shares 9.18M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2024 $0 $966.55K $-1.13M 0% $0 $-679.86K
Q3-2024 $0 $10.1M $-727.42K 0% $0 $-279.74K
Q4-2023 $-1 $833.35K $-947.83K 94.78M% $0 $-527.69K
Q4-2022 $147.54K $1.19M $-1.24M -838.21% $-0.13 $-829.37K
Q4-2021 $0 $391.99K $-233.41K 0% $-0.02 $-335.83K

What's going well?

R&D spending is steady, suggesting the company may still be working on new products or technology. Operating losses are lower than the prior quarter's unusually large loss.

What's concerning?

No revenue for two straight quarters, rising net losses, and high overhead costs. Unusual or inconsistent line items make it hard to trust the numbers, and there is no sign of a turnaround.

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $344.65K $21.48M $5.67M $15.8M
Q2-2025 $3.05M $25.12M $6.32M $18.79M
Q4-2024 $24.52K $20.76M $5.65M $15.11M
Q3-2024 $145.86K $21.22M $4.98M $16.25M
Q4-2023 $399.22K $22.49M $3.84M $18.66M

What's financially strong about this company?

Shareholder equity is still positive, and the company has little exposure to physical asset write-downs. No goodwill means less risk of sudden accounting losses.

What are the financial risks or weaknesses?

Cash is almost gone, most debt is due soon, and nearly all assets are intangible and hard to turn into cash. The company has a long history of losses and may need to raise money fast.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2024 $-1.13M $-302.15K $-65.06K $248.54K $-121.34K $-367.21K
Q3-2024 $0 $-339.15K $-3.15K $358.71K $19.08K $-342.3K
Q4-2023 $0 $0 $-15.73K $748.23K $280.11K $-465.26K
Q4-2022 $0 $0 $0 $-6K $-657.62K $-652.64K
Q4-2021 $0 $0 $138.89K $200 $18.17K $-120.92K

What's strong about this company's cash flow?

Operating cash burn improved slightly this quarter, and the company is not diluting shareholders with new stock.

What are the cash flow concerns?

The business is losing cash every quarter, needs to borrow just to keep going, and cash reserves are running dangerously low.

5-Year Trend Analysis

A comprehensive look at Gelteq Limited Ordinary Shares's financial evolution and strategic trajectory over the past five years.

+ Strengths

Gelteq combines a differentiated, patient‑friendly drug‑delivery platform with encouraging preclinical results across multiple compound types. Its technology is flexible enough to span pharmaceuticals, nutraceuticals, sports nutrition, and pet care, which diversifies potential revenue streams. The company has built an intangible asset base around patents, formulations, and know‑how, and has so far been able to raise new capital and transition onto a public market via a SPAC, giving it a vehicle to fund continued development.

! Risks

Financially, the company faces persistent and widening losses, deepening negative cash flow, rising debt, and thin liquidity, all of which increase execution and financing risk. Operationally, revenue is small and inconsistent, leaving the business heavily dependent on external funding. Strategically, it must compete against larger, well‑capitalized drug‑delivery and contract development firms, while navigating clinical, regulatory, and partner‑adoption risks. If capital markets or partners become less supportive, the current balance sheet and cash burn profile leave limited margin for prolonged setbacks.

Outlook

The forward picture for Gelteq is highly binary in nature: the company sits at the intersection of an innovative technology platform with broad potential and a financially fragile early‑stage profile. If it can secure and scale high‑quality partnerships, advance key programs through clinical and regulatory milestones, and demonstrate that its gel technology can support substantial, recurring revenue, the business model could shift toward more sustainable economics. Until then, results are likely to remain volatile, with a mix of promising scientific updates and continued financial strain, characteristic of a high‑uncertainty, innovation‑driven healthcare venture.