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Fennec Pharmaceuticals Inc.

FENCHealthcareNASDAQ

Biotechnology · Last scanned May 29, 2026

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Financials · Annual
Revenue
$44.6M
-6.1% YoY
Net Income
-$9.7M
-2134.2% YoY
EBITDA
-$7.5M
-255.3% YoY
Free Cash Flow
-$2.4M

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About Fennec Pharmaceuticals Inc.

Fennec Pharmaceuticals Inc. operates as a commercial stage biopharmaceutical company in the United States. With a market capitalization of $343.5M, it sits in small-cap territory. The company's product candidate includes PEDMARK, a formulation of sodium thiosulfate for the prevention of cisplatin-induced ototoxicity pediatric patients.

Key stats
Market Cap$343.5M
Fwd P/E9.63
EPS$-0.29
Beta0.91
52W Change+21.8%
ROE-52.7%
Analysis

Fennec Pharmaceuticals Inc. reports $40.2M in cash and $0 in total debt. Free cash flow is running at -$2.4M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of -52.7% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has grown from $1.5M (2022) to $44.6M (2025), reflecting a 2808% increase over the period.

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 Fennec Pharmaceuticals Inc. and its sector.

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