PMN
PMN
ProMIS Neurosciences, Inc.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $0 | $10.77M ▼ | $-10.67M ▲ | 0% | $-6.81 ▲ | $-11.12M ▲ |
| Q3-2025 | $0 | $11.75M ▲ | $-11.58M ▼ | 0% | $-8.27 ▼ | $-11.58M ▼ |
| Q2-2025 | $0 | $10.18M ▲ | $-10.12M ▼ | 0% | $-7.25 ▼ | $-10.12M ▼ |
| Q1-2025 | $0 | $7.46M ▲ | $-7.35M ▼ | 0% | $-5.25 ▼ | $-7.35M ▼ |
| Q4-2024 | $0 | $6M | $-238.21K | 0% | $-0.24 | $-238.21K |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $6.15M ▼ | $9.18B ▲ | $10.44B ▲ | $-1.26M ▼ |
| Q3-2025 | $15.43M ▲ | $21.46M ▲ | $12.27M ▲ | $9.19M ▲ |
| Q2-2025 | $4.54M ▼ | $9.51M ▼ | $9.89M ▲ | $-382.58K ▼ |
| Q1-2025 | $8.4M ▼ | $13.65M ▼ | $4.17M ▲ | $9.47M ▼ |
| Q4-2024 | $13.32M | $18.91M | $2.42M | $16.49M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $-39.69B ▼ | $-9.05M ▲ | $-703 ▼ | $-277.64K ▼ | $-9.28M ▼ | $-9.05M ▲ |
| Q3-2025 | $-11.58M ▼ | $-10.18M ▼ | $0 | $21.26M ▲ | $10.89M ▲ | $-10.18M ▼ |
| Q2-2025 | $-10.12M ▼ | $-3.85M ▲ | $0 | $0 | $-3.85M ▲ | $-3.85M ▲ |
| Q1-2025 | $-7.35M ▼ | $-4.93M ▲ | $0 ▲ | $0 ▼ | $-4.93M ▲ | $-4.93M ▲ |
| Q4-2024 | $-238.21K | $-8.23M | $-678 | $9.02K | $-8.25M | $-8.23M |
5-Year Trend Analysis
A comprehensive look at ProMIS Neurosciences, Inc.'s financial evolution and strategic trajectory over the past five years.
ProMIS combines a clear scientific focus on misfolded protein oligomers with a proprietary discovery engine and an extensive IP strategy, giving it a differentiated story in neurodegeneration. The company has no financial debt, retains a useful cash buffer, and is channeling most of its resources into R&D rather than into heavy fixed assets, which keeps the structure lean and flexible.
At the same time, it is a pre‑revenue company with large recurring losses, negative equity, and a high cash burn rate, creating dependence on repeated external financings and exposing existing shareholders to potential dilution. Scientifically, the programs target complex brain diseases with a long history of clinical failures, and regulatory, competitive, and execution risks are all elevated, especially given the company’s small size and single‑platform concentration.
Looking ahead, the story is highly event‑driven: the near‑ and medium‑term outlook will be shaped by clinical readouts for PMN310, progress of the broader pipeline, and the company’s ability to secure additional funding or partnerships. As long as there is no commercial product, investors should expect continued losses and cash burn; any improvement in the fundamental picture will likely depend on positive trial data, validation of the platform, and access to capital on sustainable terms.
About ProMIS Neurosciences, Inc.
https://www.promisneurosciences.comProMIS Neurosciences, Inc. discovers and develops precision medicine solutions for the treatment of neurodegenerative diseases, primarily Alzheimer's disease (AD), amyotrophic lateral sclerosis (ALS), and multiple system atrophy (MSA) in Canada.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $0 | $10.77M ▼ | $-10.67M ▲ | 0% | $-6.81 ▲ | $-11.12M ▲ |
| Q3-2025 | $0 | $11.75M ▲ | $-11.58M ▼ | 0% | $-8.27 ▼ | $-11.58M ▼ |
| Q2-2025 | $0 | $10.18M ▲ | $-10.12M ▼ | 0% | $-7.25 ▼ | $-10.12M ▼ |
| Q1-2025 | $0 | $7.46M ▲ | $-7.35M ▼ | 0% | $-5.25 ▼ | $-7.35M ▼ |
| Q4-2024 | $0 | $6M | $-238.21K | 0% | $-0.24 | $-238.21K |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $6.15M ▼ | $9.18B ▲ | $10.44B ▲ | $-1.26M ▼ |
| Q3-2025 | $15.43M ▲ | $21.46M ▲ | $12.27M ▲ | $9.19M ▲ |
| Q2-2025 | $4.54M ▼ | $9.51M ▼ | $9.89M ▲ | $-382.58K ▼ |
| Q1-2025 | $8.4M ▼ | $13.65M ▼ | $4.17M ▲ | $9.47M ▼ |
| Q4-2024 | $13.32M | $18.91M | $2.42M | $16.49M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $-39.69B ▼ | $-9.05M ▲ | $-703 ▼ | $-277.64K ▼ | $-9.28M ▼ | $-9.05M ▲ |
| Q3-2025 | $-11.58M ▼ | $-10.18M ▼ | $0 | $21.26M ▲ | $10.89M ▲ | $-10.18M ▼ |
| Q2-2025 | $-10.12M ▼ | $-3.85M ▲ | $0 | $0 | $-3.85M ▲ | $-3.85M ▲ |
| Q1-2025 | $-7.35M ▼ | $-4.93M ▲ | $0 ▲ | $0 ▼ | $-4.93M ▲ | $-4.93M ▲ |
| Q4-2024 | $-238.21K | $-8.23M | $-678 | $9.02K | $-8.25M | $-8.23M |
5-Year Trend Analysis
A comprehensive look at ProMIS Neurosciences, Inc.'s financial evolution and strategic trajectory over the past five years.
ProMIS combines a clear scientific focus on misfolded protein oligomers with a proprietary discovery engine and an extensive IP strategy, giving it a differentiated story in neurodegeneration. The company has no financial debt, retains a useful cash buffer, and is channeling most of its resources into R&D rather than into heavy fixed assets, which keeps the structure lean and flexible.
At the same time, it is a pre‑revenue company with large recurring losses, negative equity, and a high cash burn rate, creating dependence on repeated external financings and exposing existing shareholders to potential dilution. Scientifically, the programs target complex brain diseases with a long history of clinical failures, and regulatory, competitive, and execution risks are all elevated, especially given the company’s small size and single‑platform concentration.
Looking ahead, the story is highly event‑driven: the near‑ and medium‑term outlook will be shaped by clinical readouts for PMN310, progress of the broader pipeline, and the company’s ability to secure additional funding or partnerships. As long as there is no commercial product, investors should expect continued losses and cash burn; any improvement in the fundamental picture will likely depend on positive trial data, validation of the platform, and access to capital on sustainable terms.

CEO
Neil K. Warma
Compensation Summary
(Year 2025)
Upcoming Earnings
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2025-11-28 | Reverse | 1:25 |
| 2022-06-28 | Reverse | 1:60 |
Ratings Snapshot
Rating : C
Most Recent Analyst Grades
Grade Summary
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