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Relmada Therapeutics, Inc.

RLMDHealthcareNASDAQ

Biotechnology

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Financials · Annual
Revenue
$0
Net Income
-$57.4M
+28.3% YoY
EBITDA
-$59.1M
+29.6% YoY
Free Cash Flow
-$7.7M

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About Relmada Therapeutics, Inc.

Relmada Therapeutics, Inc. operates as a clinical-stage biotechnology company in the United States. With a market capitalization of $697.5M, it sits in small-cap territory. The company focuses on the development of NDV-01, a controlled-release intravesical formulation of gemcitabine and docetaxel, which is in Phase 2 clinical trial for patients with aggressive forms of non-muscle invasive bladder cancer; and Sepranolone, a neurosteroid epimer of allopregnanolone, which is Phase 2b-ready for the potential treatment of prader-willi syndrome, tourette syndrome, excessive tremor, and other diseases related to excessive GABAergic activity.

Key stats
Market Cap$697.5M
Fwd P/E-16.22
EPS$-1.09
52W Change+839.3%
ROE-25.6%
Analysis

Relmada Therapeutics, Inc. holds $116.4M in cash against $110K 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 -$7.7M, 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 -25.6%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits.

The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. 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 Relmada Therapeutics, Inc. and its sector.

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