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DiaMedica Therapeutics Inc.

DMACHealthcareNASDAQ

Biotechnology · Last scanned May 29, 2026

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Financials · Annual
Revenue
$0
Net Income
-$32.8M
-34.0% YoY
EBITDA
-$34.4M
-28.9% YoY
Free Cash Flow
-$18.0M

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About DiaMedica Therapeutics Inc.

DiaMedica Therapeutics Inc., a clinical stage biopharmaceutical company, focuses on improving the lives of people suffering from severe ischemic diseases. The $331.9M market capitalization puts DMAC squarely in small-cap range for its industry. Its lead candidate is DM199, a pharmaceutically active recombinant form of the human tissue kallikrein-1 protein, which is in Phase 2/3 trials for the treatment of acute ischemic stroke, as well as in Phase 2 to treat preeclampsia, cardio renal disease, and fetal growth restriction.

Key stats
Market Cap$331.9M
Fwd P/E-7.00
EPS$-0.71
Beta0.99
52W Change+49.9%
ROE-86.5%
Analysis

DiaMedica Therapeutics Inc. holds $51.3M in cash against $212K in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow is running at -$18.0M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at -86.5%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits.

With cash comfortably exceeding debt, DMAC has financial flexibility that may help navigate uncertain periods. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for DiaMedica Therapeutics Inc. and its sector.

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