Mind Medicine (MindMed) Inc. logo MNMD - Mind Medicine (MindMed) Inc.

Inactive Ticker MNMD is not actively trading. Quotes and analytics may be stale.
Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 1
HOLD 0
SELL 0
STRONG
SELL 0
| PRICE TARGET: $20.00 DETAILS
HIGH: $28.00
LOW: $14.00
MEDIAN: $20.00
CONSENSUS: $20.00
DOWNSIDE: 3.33%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue 0 0 0 0 0 0 0 0 0 0 0
Cost of Revenue 0 0.5 3.2 3.2 0 0 0.0 0.0 0.0 0 0
Gross Profit 0 (0.5) (3.2) (3.2) 0 0 (0.0) (0.0) (0.0) 0 0
Operating Expenses
R&D Expenses 117.7 65.3 49.0 36.2 34.8 18.6 0 0 0 0 0
SG&A Expenses 48.6 38.6 41.7 30.2 59.1 14.4 0.5 0.9 1.2 0.1 0.1
Other Expenses 0 (0.5) 0 0 0 0 0 0 0 0 0
Operating Expenses 166.3 103.4 90.7 66.3 93.9 33.0 0.5 0.9 1.2 0.1 0.1
Operating Income
Operating Income (166.3) (103.9) (93.9) (66.3) (93.9) (33.0) (0.5) (0.9) (1.2) (0.1) (0.1)
Interest Expense 5.5 2.3 0.9 1.5 0.4 0.2 0 0 0 0 0
Interest Income 11.0 11.6 5.6 1.5 0 0 0 0.0 0.0 0.0 0.0
Profitability
EBITDA (178.3) (105.9) (92.6) (63.2) (91.2) (33.6) (1.1) (0.9) (1.5) (0.1) (0.1)
EBIT (178.3) (106.4) (95.7) (66.3) (93.9) (33.8) (1.1) (0.9) (1.5) (0.2) (0.1)
Income Before Tax (183.8) (108.7) (95.7) (56.8) (94.2) (33.9) (1.1) (0.9) (1.2) (0.2) (0.1)
Income Tax Expense 0 0 0 0 (1.2) 0 (0.0) (0.0) (0.0) 0 0
Net Income (183.8) (108.7) (95.7) (56.8) (93.0) (34.1) (1.1) (0.9) (1.2) (0.2) (0.1)
Per Share Data
EPS (Basic) -2.06 -1.54 -2.44 -1.84 -3.40 -1.92 -2.94 -2.74 -4.85 -2.24 -1.17
EPS (Diluted) -2.06 -0.15 -2.44 -1.84 -3.40 -1.92 -2.94 -2.74 -4.85 -2.24 -1.17
Shares Outstanding 89.3 70.5 39.2 30.9 27.4 17.7 0.4 0.3 0.3 0.1 0.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Current Assets
Cash & Cash Equivalents 257.8 273.7 99.7 142.1 133.5 80.1 0.0 0.2 0.0 0.0
Short-Term Investments 153.8 0 0 0 0 0 0 0 1.7 0.1
Net Receivables 0 0 0 0 0 0 0.0 0.0 0.0 0.0
Inventory 0 0 0 0 0 0 0 0 0 0
Other Current Assets 7.7 7.9 4.2 0 0 0 2.9 0 0 0.0
Total Current Assets 419.3 281.6 103.9 146.1 137.2 81.5 2.9 0.2 1.8 0.1
Non-Current Assets
Property, Plant & Equipment 0 0 0 0 0 0 0 0.1 0.1 0
Goodwill 19.9 19.9 19.9 19.9 19.9 0 0 0 0 0
Intangible Assets 0 0 0.5 3.7 6.9 0 0 0 0 0
Long-Term Investments 0 0 0 0 0 0 0 0.1 0.1 0
Other Non-Current Assets 0.9 0.6 0.2 0.3 0 0 0 3.1 2.1 0.1
Total Non-Current Assets 20.8 20.5 20.7 23.9 26.8 0 0 3.3 2.3 0.1
Total Assets 440.1 302.2 124.5 170.0 164.0 81.5 2.9 3.5 4.0 0.2
Current Liabilities
Account Payables 5.3 2.0 4.1 2.1 4.2 2.0 0 0 0 0
Short-Term Debt 0 0 0 0 0 0 0 0 0.0 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 61.4 30.4 20.7 13.0 2.3 (0.5) 0.2 0.0 0.1 0.1
Total Current Liabilities 66.7 38.8 32.2 17.9 10.4 3.0 0.2 0.0 0.1 0.1
Non-Current Liabilities
Long-Term Debt 0 21.9 14.1 0 0 0 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 41.1 0 0.0 1.2 1.9 2.6 0 0 0 0
Total Non-Current Liabilities 41.1 21.9 14.2 1.2 1.9 2.6 0 0 0 0
Total Liabilities 107.8 60.7 46.4 19.1 12.3 5.7 0.2 0.0 0.1 0.1
Stockholders' Equity
Common Stock 0 0 0 0 0 0 5.6 5.3 5.2 0.6
Retained Earnings (582.7) (398.9) (290.2) (194.5) (137.7) (44.6) (3.7) (2.6) (1.8) (0.5)
Accumulated Other Comprehensive Income 1.1 0.8 0.3 0.6 1.0 0.3 0.0 0.0 (0.0) (0.0)
Total Stockholders' Equity 332.3 241.4 78.1 150.9 151.7 75.9 2.7 3.5 3.9 0.1
Total Liabilities & Equity 440.1 302.2 124.5 170.0 164.0 81.5 2.9 3.5 4.0 0.2
Debt Metrics
Total Debt 0 21.9 14.1 0.1 0 0 0 0 0.0 0
Net Debt (257.8) (251.9) (85.6) (142.1) (133.5) (80.1) (0.0) (0.2) 0.0 (0.0)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income (183.8) (108.7) (95.7) (56.8) (93.0) (33.9) (1.1) (0.9) (1.2) (0.2)
Depreciation & Amortization 0 0.5 3.2 3.2 2.6 0 0.0 0.0 0.0 0
Stock-Based Compensation 20.1 16.9 15.5 13.7 42.7 7.4 0 0 0 0
Change in Working Capital 9.4 (3.3) 6.3 (3.8) 1.9 2.1 0.2 (0.0) (0.1) 0.1
Other Non-Cash Items 22.7 15.5 8.5 (6.4) 1.2 0.9 0.7 0.2 0.7 0.1
Operating Cash Flow (131.6) (79.1) (64.4) (50.1) (45.8) (23.6) (0.2) (0.7) (0.7) (0.0)
Investing Activities
Capital Expenditure 0 0 0 0 0 0 (0.3) (1.0) (2.1) (0.0)
Acquisitions 0 0 0 0 (0.3) 0 0 0 0 0
Purchases of Investments (268.4) 0 0 0 0 0 0 (0.1) (1.6) 0
Sales/Maturities of Investments 116.8 0 0 0 0 0 0 1.7 0 0.1
Other Investing Activities 0 0 0 0 0 0 0.1 0 0.0 0
Investing Cash Flow (151.6) 0 0 0 (0.3) 0 (0.2) 0.5 (3.7) 0.0
Financing Activities
Net Debt Issuance 19.6 10.9 14.2 0 0 0 0 (0.0) 0.0 0
Stock Repurchased 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 0 (7.7) 0.2 16.8 16.9 24.7 0 0 0 (0.0)
Financing Cash Flow 267.3 253.2 21.8 59.1 98.8 96.7 0.3 0.3 4.4 (0.0)
Cash Position
Net Change in Cash (15.9) 174.0 (42.4) 8.6 53.4 73.4 (0.1) 0.2 (0.0) 0.0
Cash at Beginning 273.7 99.7 142.1 133.5 80.1 6.7 0.2 0.0 0.0 0.0
Cash at End 257.8 273.7 99.7 142.1 133.5 80.1 0.0 0.2 0.0 0.0
Free Cash Flow (131.6) (79.1) (64.4) (50.1) (45.8) (23.6) (0.5) (1.8) (2.8) (0.1)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Income Statement
Revenue 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 0 (0.5) (3.2) (3.2) 0 0 (0.0) (0.0) (0.0) 0 0
Operating Income (166.3) (103.9) (93.9) (66.3) (93.9) (33.0) (0.5) (0.9) (1.2) (0.1) (0.1)
Net Income (183.8) (108.7) (95.7) (56.8) (93.0) (34.1) (1.1) (0.9) (1.2) (0.2) (0.1)
EPS (Diluted) -2.06 -0.15 -2.44 -1.84 -3.40 -1.92 -2.94 -2.74 -4.85 -2.24 -1.17
Balance Sheet
Cash & Equivalents 257.8 273.7 99.7 142.1 133.5 80.1 0.0 0.2 0.0 0.0
Total Assets 440.1 302.2 124.5 170.0 164.0 81.5 2.9 3.5 4.0 0.2
Total Debt 0 21.9 14.1 0.1 0 0 0 0 0.0 0
Stockholders' Equity 332.3 241.4 78.1 150.9 151.7 75.9 2.7 3.5 3.9 0.1
Cash Flow
Operating Cash Flow (131.6) (79.1) (64.4) (50.1) (45.8) (23.6) (0.2) (0.7) (0.7) (0.0)
Capital Expenditure 0 0 0 0 0 0 (0.3) (1.0) (2.1) (0.0)
Free Cash Flow (131.6) (79.1) (64.4) (50.1) (45.8) (23.6) (0.5) (1.8) (2.8) (0.1)