Overview
Medexus Pharmaceuticals fiscal Q1 2026 revenue of $24.6 mln beats analyst expectations
Adjusted EBITDA falls 44.3% to $3.4 mln, impacted by generic competition
GRAFAPEX generates $3.0 mln in revenue, expected to boost cash flows by fiscal Q3 2026
Outlook
Medexus expects GRAFAPEX revenue of $3.0 mln to $3.5 mln in fiscal Q2 2026
Company anticipates GRAFAPEX to be cash flow positive by fiscal Q3 2026
Medexus projects GRAFAPEX annual gross margin to reach 80%
Company does not expect EU tariffs to materially impact GRAFAPEX
Result Drivers
GRAFAPEX LAUNCH - Generated $3.0 mln in revenue, with positive market response and formulary inclusion supporting its potential
GENERIC COMPETITION - Decline in revenue and adjusted EBITDA attributed to generic competition affecting products like Rupall
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 Revenue | Beat | $24.60 mln | $24.50 mln (4 Analysts) |
Q1 Net Income |
| $500,000 |
|
Q1 Adjusted EBITDA |
| $3.40 mln |
|
Q1 Operating Income |
| $900,000 |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the pharmaceuticals peer group is "buy"
Wall Street's median 12-month price target for Medexus Pharmaceuticals Inc is C$6.00, about 54.2% above its August 12 closing price of C$2.75
Press Release: ID:nNFC8Gxh3D