Saturday 17 October 2026
Export BMRA’s income statement to Excel — free account
Biomerica, Inc.
BMRA Healthcare Medical Devices
Biomerica, Inc.’s revenue for fiscal 2026 (year ended May 2026) was $4.5 million, down 16.2% from fiscal 2025. In the quarter to May 2026, revenue grew 17.0%, EPS grew 37.8% and free cash flow fell 35.1%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years; insiders bought in the last twelve months.
1.85
0.03
−1.60%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to May
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 2027e | 2028e | 2029e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 15.44 | 12.80 | 13.60 | 16.40 | 26.40 | 20.48 | 5.60 | 1.92 | 2.11 | 1.45 |
Analyst estimates 2027–2029 Powerpack |
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| High | 35.52 | 74.56 | 29.52 | 187.12 | 65.20 | 42.00 | 28.64 | 10.80 | 10.16 | 2.94 | |||||
| People | |||||||||||||||
| People | Employees | 39 | 39 | 39 | 45 | 49 | 64 | 62 | 64 | 54 | 50 | ||||
| Revenue/emp, $m | 0.15 | 0.14 | 0.13 | 0.15 | 0.15 | 0.29 | 0.09 | 0.08 | 0.10 | 0.09 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 6 | 6 | 5 | 7 | 7 | 19 | 5 | 5 | 5 | 4 | ||||
| Gross margin, % | 34.91 | 31.53 | 24.84 | 25.97 | 5.09 | 15.78 | 8.35 | 11.28 | 9.38 | 8.13 | |||||
| EBT | (1) | (1) | (2) | (3) | (7) | (5) | (7) | (6) | (5) | (4) | |||||
| EBT margin, % | (15.69) | (25.77) | (45.55) | (39.89) | (103.25) | (23.88) | (132.78) | (109.62) | (93.62) | (84.26) | |||||
| Net income | (1) | (1) | (2) | (3) | (7) | (5) | (7) | (6) | (5) | (4) | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 5.56 | 5.19 | 4.52 | 5.27 | 4.83 | 11.91 | 3.02 | 2.57 | 2.31 | 1.53 | ||||
| Earnings | (0.88) | (1.36) | (2.08) | (1.84) | (4.32) | (2.88) | (4.00) | (2.88) | (2.16) | (1.30) | |||||
| Cash flow | (0.69) | (1.10) | (1.95) | (3.38) | (3.52) | (0.30) | (3.09) | (2.55) | (1.67) | (1.17) | |||||
| Capex | (0.09) | (0.12) | (0.15) | (0.09) | (0.20) | (0.11) | (0.04) | (0.05) | (0.02) | 0.00 | |||||
| Free cash flow | (0.79) | (1.22) | (2.10) | (3.48) | (3.72) | (0.41) | (3.14) | (2.60) | (1.69) | (1.17) | |||||
| Book value | 4.31 | 4.04 | 3.46 | 11.18 | 6.19 | 5.26 | 6.63 | 3.13 | 1.79 | 0.90 | |||||
| Shares, m | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 3 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | 3.60 | 6.27 | 3.99 | 9.65 | 6.05 | 2.35 | 3.63 | 1.80 | 1.47 | 1.54 | |||||
| P/B | 4.64 | 8.06 | 5.21 | 4.55 | 4.72 | 5.33 | 1.65 | 1.48 | 1.90 | 2.62 | |||||
| EV/Sales | 3.38 | 6.05 | 3.85 | 8.35 | 5.46 | 2.04 | 1.81 | 1.03 | 1.01 | 1.25 | |||||
| EV/FCF | (23.21) | (25.74) | (8.30) | (12.66) | (7.09) | (59.23) | (1.73) | (1.02) | (1.37) | (1.60) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | (1) | (1) | (2) | (4) | (5) | 0 | (5) | (5) | (4) | (3) | ||||
| Capex | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Free cash flow | (1) | (1) | (2) | (4) | (6) | (1) | (6) | (5) | (4) | (3) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 4 | 4 | 3 | 13 | 8 | 7 | 11 | 6 | 3 | 2 | ||||
| Total debt | — | — | — | 2 | 2 | 1 | 1 | — | — | — | |||||
| Net debt | (1) | (1) | (1) | (9) | (4) | (6) | (10) | (4) | (2) | (1) | |||||
| Shareholders’ equity | 4 | 4 | 4 | 14 | 9 | 8 | 12 | 7 | 4 | 3 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | (16.91) | (28.63) | (45.72) | (23.79) | (51.21) | (39.07) | (55.29) | (50.43) | (65.44) | (59.43) | ||||
| ROIC | (18.28) | (29.67) | (45.78) | (30.74) | (93.23) | (117.68) | (225.16) | (164.37) | (188.20) | (251.51) | |||||
| ROE | (18.72) | (33.26) | (57.62) | (29.47) | (63.60) | (51.63) | (71.23) | (65.28) | (92.99) | (112.10) | |||||
Negative figures in brackets.
Fiscal years to May 2026 · latest quarter May 2026
Charts ten years each
Biomerica, Inc. vs peers in Medical Devices (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| PETV PetVivo Holdings, Inc. | $12.9M | — (loss-making) | — (loss-making) | +13.48% (above 0%: growing) | n/m | +40.13% (above 0%: growing) | 66.14% | (476.54%) | Compare |
| BTCY Biotricity Inc. | $10.9M | — (loss-making) | — (loss-making) | +10.40% (above 0%: growing) | n/m | +235.83% (above 0%: growing) | 82.55% | 3.70% | Compare |
| CTSO Cytosorbents Corporation | $9.7M | — (loss-making) | — (loss-making) | +0.17% (above 0%: growing) | n/m | +64.90% (above 0%: growing) | 73.18% | (27.39%) | Compare |
| NMTC NeuroOne Medical Technologies Corporation | $9.5M | — (loss-making) | — (loss-making) | +16.33% (above 0%: growing) | n/m | +26.91% (above 0%: growing) | 59.94% | (122.87%) | Compare |
| BMRA Biomerica, Inc. | $8.6M | — (loss-making) | 11.4× | +16.96% (above 0%: growing) | n/m | −35.05% (below 0%: shrinking) | (7.88%) | (174.77%) | |
| AEMD Aethlon Medical, Inc. | $8.5M | — (loss-making) | — (loss-making) | +335.00% (above 0%: growing) | n/m | −11.13% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| TNON Tenon Medical, Inc. | $7.8M | — (loss-making) | — (loss-making) | +126.77% (above 0%: growing) | n/m | −21.78% (below 0%: shrinking) | 63.64% | (262.24%) | Compare |
| WOK WORK Medical Technology Group LTD | $6.0M | — | — | — | — | −948.94% (below 0%: shrinking) | — | — | Compare |
| AMIX Autonomix Medical, Inc. | $5.7M | — (loss-making) | — | — | n/m | −36.10% (below 0%: shrinking) | — | 0.00% | Compare |
| Median of peers | $9.0M | — | — | +14.91% | — | +7.89% | 64.89% | (27.39%) |
Biomerica, Inc. (BMRA) key facts
- Concern: Biomerica, Inc.’s revenue for fiscal 2026 (year ended May 2026) was $4.5 million, down 16.2% from fiscal 2025.
- Biomerica, Inc. (BMRA) is a Medical Devices company in the Healthcare sector, listed on Nasdaq.
- As of October 16, 2026, BMRA traded at $1.85, a market capitalization of $8.6 million.
- Return on equity was −112.1% and debt-to-equity 0.00.
- Its Piotroski F-score is 4 out of 9 and its Altman Z-score is −12.45 (distress zone) for fiscal 2026.