ProMIS Neurosciences

ProMIS Neurosciences EBIT

Delisted

The EBIT of ProMIS Neurosciences (PMN.TO) as of Oct 15, 2026 is -23.38 M CAD. In the previous year, EBIT was -8.29 M CAD — a change of 181.99% (lower).

EBIT

-23.38 MCAD

YoY

181.99%

Last updated:

In 2022, ProMIS Neurosciences's EBIT was -23.38 M CAD, a 181.99% increase from the -8.29 M CAD EBIT recorded in the previous year.

The ProMIS Neurosciences EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EBIT
Date
EBIT
Jan 1, 2023 (e)
-21.61 M CAD
Jan 1, 2024 (e)
-17.07 M CAD
Jan 1, 2025 (e)
-22.62 M CAD
Jan 1, 2026 (e)
-17.13 M CAD
Jan 1, 2027 (e)
-8.23 M CAD
Jan 1, 2028 (e)
29.46 M CAD
Jan 1, 2029 (e)
141.04 M CAD
Jan 1, 2030 (e)
274.15 M CAD
The ProMIS Neurosciences EBIT history
YEAREBITYoY
est274.15 MCAD+94.38%
est141.04 MCAD+378.69%
est29.46 MCAD-458.18%
est-8.23 MCAD-51.97%
est-17.13 MCAD-24.31%
est-22.62 MCAD+32.54%
est-17.07 MCAD-21.03%
est-21.61 MCAD-7.55%
-23.38 MCAD+181.99%
-8.29 MCAD+46.49%
-5.66 MCAD-23.51%
-7.40 MCAD-27.24%
-10.17 MCAD+69.22%
-6.01 MCAD+74.71%
-3.44 MCAD+72.86%
-1.99 MCAD-7.01%
-2.14 MCAD-4.89%
-2.25 MCAD+0.90%
-2.23 MCAD-12.89%
-2.56 MCAD-21.23%
-3.25 MCAD-33.13%
-4.86 MCAD-5.63%
-5.15 MCAD-28.37%
-7.19 MCAD+69.98%
-4.23 MCAD+183.89%
-1.49 MCAD+831.25%
-160,000.00CAD—

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ProMIS Neurosciences Revenue

ProMIS Neurosciences Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023 (e)
0.00 CAD
-21.61 M CAD
-17.43 M CAD
Jan 1, 2024 (e)
0.00 CAD
-17.07 M CAD
-13.79 M CAD
Jan 1, 2025 (e)
0.00 CAD
-22.62 M CAD
-18.26 M CAD
Jan 1, 2026 (e)
0.00 CAD
-17.13 M CAD
-21.51 M CAD
Jan 1, 2027 (e)
0.00 CAD
-8.23 M CAD
-10.61 M CAD
Jan 1, 2028 (e)
36.34 M CAD
29.46 M CAD
0.00 CAD
Jan 1, 2029 (e)
148.44 M CAD
141.04 M CAD
0.00 CAD
Jan 1, 2030 (e)
282.15 M CAD
274.15 M CAD
0.00 CAD

ProMIS Neurosciences Margins

ProMIS Neurosciences stock margins

The ProMIS Neurosciences margin analysis displays the gross margin, EBIT margin, as well as the profit margin of ProMIS Neurosciences. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for ProMIS Neurosciences.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2023 (e)
0.00 %
- %
- %
Jan 1, 2024 (e)
0.00 %
- %
- %
Jan 1, 2025 (e)
0.00 %
- %
- %
Jan 1, 2026 (e)
0.00 %
- %
- %
Jan 1, 2027 (e)
0.00 %
- %
- %
Jan 1, 2028 (e)
0.00 %
81.07 %
0.00 %
Jan 1, 2029 (e)
0.00 %
95.01 %
0.00 %
Jan 1, 2030 (e)
0.00 %
97.16 %
0.00 %

ProMIS Neurosciences Stock analysis

What does ProMIS Neurosciences do? ProMIS Neurosciences Inc is a biopharmaceutical company based in Canada that specializes in the discovery and development of novel therapeutics for neurodegenerative diseases such as Alzheimer's, Parkinson's, and ALS. The company was founded in 2004 and has been listed on the Toronto Stock Exchange since 2015. The goal of ProMIS is to develop highly specific therapeutics that specifically target the cellular causes of neurodegenerative diseases and can therefore stop or even reverse the progression of the disease. The company utilizes its proprietary platform technology to identify the unique epitopes on the pathological proteins that are specific to neurodegenerative diseases. ProMIS' business model is based on partnerships with large pharmaceutical companies that are searching for new therapeutics for neurodegenerative diseases. ProMIS works closely with these partners to develop customized therapeutics tailored to each partner's specific needs. The company licenses its technology and products to its partners and receives license and milestone payments when certain development or sales goals are achieved. ProMIS has different divisions to focus on various neurodegenerative diseases, with a focus on Alzheimer's, Parkinson's, and ALS. ProMIS has a comprehensive research and development infrastructure that focuses on the identification, characterization, and optimization of therapeutic antibodies and biomarkers. In terms of products, ProMIS has developed various antibodies that specifically target pathological proteins such as Aß and Tau in Alzheimer's and alpha-synuclein in Parkinson's. These antibodies can selectively recognize and bind to these pathological proteins, allowing them to be broken down and removed from the body. ProMIS works closely with its partners to test these antibodies in clinical trials and eventually bring them to market. In addition to its antibody products, ProMIS has also developed neuromethods that allow researchers to characterize and quantify the functions of proteins in brain cells and in vivo. These methods can be used to test and optimize the effects of antibodies and other therapeutics, making them an important part of ProMIS' development infrastructure. Overall, ProMIS Neurosciences Inc is an innovative biopharmaceutical company that focuses on the development of highly specific therapeutics for neurodegenerative diseases. The company has a comprehensive infrastructure and technology platform that allows it to develop customized products for its partners. With its antibodies and neuromethods, ProMIS has the potential to make a breakthrough in the treatment of neurodegenerative diseases and improve the lives of millions of patients. ProMIS Neurosciences is one of the most popular companies on Eulerpool.

EBIT Details

Analyzing ProMIS Neurosciences's EBIT

ProMIS Neurosciences's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of ProMIS Neurosciences's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

ProMIS Neurosciences's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in ProMIS Neurosciences’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about ProMIS Neurosciences stock

EBIT of ProMIS Neurosciences is -23.38 M CAD in 2022.

EBIT of ProMIS Neurosciences changed from -8.29 M CAD to -23.38 M CAD, representing a 181.99% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of EBIT ProMIS Neurosciences since 2006 – with annual values, charts, and detailed analysis.

"Earnings before interest and taxes", abbreviated as EBIT, is also referred to as the operating result of a company. It is a key figure that allows the profit to be assessed over a specific period of time, usually a fiscal year. Taxes and interest are not deducted from EBIT, making it suitable for international comparisons of different companies.

Net income
+ Tax expense
+ Interest expense and other financial expenses
- Interest income and other financial income
= EBIT (operating profit)

EBIT's CAD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track EBIT's ProMIS Neurosciences historically and in real time.

The sales revenue is important for evaluating a stock.

EBIT is an acronym for "Earnings Before Interest and Tax" and represents a company's gross profit before taxes and interest are deducted. The EBIT amount is often used as a metric to evaluate a company.

History

The EBIT was originally introduced in the 1940s when the US Internal Revenue Service (IRS) passed a new tax law. This law required companies to calculate their profit before deducting taxes and interest on loans (or "interest and taxes"). Since then, the EBIT has been used as one of the key financial indicators in evaluating a company.

Usage

The EBIT can be used to assess a company by comparing its financial results to a benchmark or a comparative value. The EBIT is also used to determine how much the company's shareholders will receive from its operating income.

Calculation

EBIT is calculated by deducting taxes and interest on loans from the company's net profit. This amount can be calculated in various ways, but the most common method is as follows:

EBIT = Net profit + interest and taxes

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Net profit of XYZ Co. = $1,000,000
Interest and taxes = $ 500,000
EBIT of XYZ Co. = $1,500,000

Application

The EBIT value is often used to determine and evaluate the financial stability of a company. The EBIT value can also be used to determine how much money a company can spend on investments or dividends.

Use of EBIT in stock investment

Investors use EBIT to determine if a stock is over- or undervalued. If a company has a high EBIT value, it may indicate that its stock is overvalued, as the profit it generates could be lower than what it would generate with a different stock.

Advantages of EBIT

EBIT is a helpful measure for determining the financial stability of a company. There are several advantages associated with using EBIT, such as:
- EBIT eliminates the impact of financing on the company's earnings.
- It is a useful measure for determining the profits that a company can distribute to its shareholders.
- It can be used to determine whether a stock is overvalued or undervalued.

Disadvantages of EBIT

There are also some disadvantages to using EBIT, such as:
- EBIT cannot be used as the sole measure to evaluate a company as it does not reflect the overall profit of the company.
- EBIT can be influenced by unforeseen events such as a tax increase.
- EBIT is not always a reliable indicator of a company's future profit development.

Conclusion

The EBIT is an important measure used to evaluate a company. It can be used to determine how much money a company can generate from its operational results and whether a stock is overvalued or undervalued. However, the EBIT also has some disadvantages as it does not reflect the overall profitability of a company and can be influenced by unforeseen events. Therefore, it is important to consider the EBIT in conjunction with other financial indicators to obtain a complete picture of the company.

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Income Statement — ProMIS Neurosciences

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