Gain Therapeutics, Inc.

GANX Healthcare Biotechnology

Gain Therapeutics, Inc.’s revenue for fiscal 2023 (year ended December 2023) was $55,200.00, down 60.6% from fiscal 2022.

EPS
+42.1%
Free cash flow
+8.22%
Total debt
−23.9%

Quarter to June 2026, against a year earlier

1.00 0.04 +4.17%
Market cap
$41.9M
P/E
0.0×
Fwd P/E
−2.4×
Dividend yield
—
F-score
1/9
Altman Z
−1.79
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 1.21%

Capital & Financial Ratios $m

Size
Market Cap 41.91
Revenue ttm 0.20
Net income ttm (20.11)
Free cash flow ttm (18.95)
Net debt Q (12.74)
Valuation
P/E 0.00
Forward P/E (2.38) (negative: loss-making)
Price / sales 219.56 (above 10: high)
Forward P/S Powerpack
Price / FCF 0.00
Price / book 3.80
Financial health
Current ratio Q 4.36 (at or above 1.5: strong)
Debt / equity Q 0.03 (at or below 0.5: strong)
Interest coverage Q (46.08)
Growth
Revenue growth Q +27.78% (above 0%: growing)
Operating income growth Q +8.01% (above 0%: growing)
EPS, this year +18.55% (at or above 15%: strong)
EPS, next year A −31.04% (below 0%: weak)
Revenue, next year A −27.54% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A −3.43% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 23.27%
10-year low 10-year high
P/B against its own 10 years 47.32%
10-year low 10-year high
EV/Sales against its own 10 years 32.93%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 17 10 21 13
Receivables — — — —
Inventory — — — —
Other 0 0 0 0
18 12 22 15
2023 2024 2025 Q'26
Payables 1 1 1 1
ST’ Debt 0 0 0 0
Other 2 2 2 2
5 4 3 3

Compound Annual Growth %

10y 5y 3y
Sales — 21.79% 24.07%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 24.52% (0.56%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.13) (0.11) — — —
’25 (0.16) (0.19) (0.15) (0.11) (0.61)
’24 (0.22) (0.42) (0.17) (0.14) (0.89)
’23 (0.43) (0.62) (0.37) (0.31) (1.71)
’22 (0.28) (0.43) (0.38) (0.39) (1.48)
’21 (0.50) (0.30) (0.39) (0.25) (1.37)
’20 (0.29) (0.27) (0.25) (0.52) (1.33)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’23 0 — — — 0
’22 0 0 — 0 0
’21 0 0 0 0 0
’20 0 0 0 0 0
’19 — — — 0 0
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (5) (5) — — —
’25 (4) (5) (5) (5) (18)
’24 (4) (6) (6) (3) (19)
’23 (4) (5) (4) (6) (19)
’22 (2) (5) (3) (4) (15)
’21 (3) (3) (2) (4) (12)
’20 (1) 0 (1) (1) (3)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (5) (5) — — —
’25 (4) (5) (5) (5) (18)
’24 (4) (6) (6) (3) (19)
’23 (4) (5) (4) (6) (19)
’22 (2) (5) (3) (4) (15)
’21 (3) (3) (2) (4) (12)
’20 (1) 0 (1) (1) (3)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — 0 0 0 0 0 0 — — 0 +21.8% 0 0 — 0.0%
Gross margin, % — — 100.00 100.00 100.00 100.00 100.00 100.00 — — 0.00 0.0 pt
EBT — — (1) (2) (4) (14) (17) (22) (20) (19) (19) +50.7%
EBT margin, % — — (5,319.42) (5,293.70) (12,360.90) (8,416.12) (12,489.51) (40,196.20) 0.00 0.00 0.00 +5,319.4 pt
Net income — 0 (1) (2) (4) (14) (18) (22) (20) (20) (20) n/m
Per share, $
Per share, $ Revenue — — 0.01 0.02 0.01 0.02 0.01 0.00 0.00 0.00 0.00 n/m
Earnings — — (0.49) (0.97) (1.33) (1.37) (1.48) (1.71) (0.89) (0.61) (0.50) +3.1%
Cash flow — — (0.33) (0.83) (1.21) (1.22) (1.24) (1.45) (0.82) (0.56) (0.44) +7.8%
Capex — — 0.00 (0.01) (0.01) (0.01) (0.01) 0.00 0.00 0.00 0.00 n/m
Free cash flow — — (0.33) (0.84) (1.22) (1.23) (1.25) (1.45) (0.83) (0.56) (0.44) +7.6%
Book value — — 0.00 (0.20) 2.31 3.43 1.59 0.97 0.32 0.56 0.26 n/m
Shares, m — — 2 2 3 10 12 13 23 33 38 +46.7%
Valuation, ×
Valuation, × P/E — — 0.00 0.00 0.00 0.00 0.00 0.00 — — 0.00 0.0
P/S — — 1,039.00 1,039.00 1,039.00 334.52 210.04 241.83 — — 219.56 650.6
P/B — — 4.84 4.84 4.84 1.59 2.04 3.75 — — 3.80 3.7
EV/Sales — — 804.89 804.89 804.89 115.21 103.47 158.75 — — 154.32 465.3
EV/FCF — — (7.13) (7.13) (7.13) (1.53) (1.28) (1.64) — — (1.59) (4.3)
Cash, $m
Cash, $m Operating cash flow — — (1) (2) (3) (12) (15) (19) (19) (18) (19) +58.2%
Capex — — 0 0 0 0 0 0 0 — 0 +18.8%
Free cash flow — — (1) (2) (3) (12) (15) (19) (19) (18) (19) +58.0%
Balance, $m
Balance, $m Working capital — — — 0 7 35 17 13 8 19 12 n/m
Net debt — — — 0 (7) (36) (20) (16) (10) (20) (13) +141.7%
Shareholders’ equity — — — 0 6 35 19 13 7 19 11 n/m
Returns, %
Returns, % ROA — — 0.00 (664.36) (69.71) (57.18) (55.77) (104.28) (132.83) (115.39) (159.22) (115.4) pt
ROIC — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0 pt
ROE — — 0.00 (76.27) (124.41) (67.73) (65.52) (141.57) (204.95) (155.66) (268.30) (155.7) pt
People
People Employees — — — — 14 29 31 32 25 21 — +8.4%
Revenue/emp, $m — — 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2023 · latest quarter Mar 2023 · fundamentals updated 25 Oct 2026

Gain Therapeutics, Inc. vs peers in Biotechnology (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
BMEA Biomea Fusion, Inc. $42.6M — (loss-making) — — n/m +47.80% (above 0%: growing) 0.00% 0.00% Compare
ATHE Alterity Therapeutics Limited - Sponsored ADR $42.4M — (loss-making) — — 0.00% −84.83% (below 0%: shrinking) 0.00% — Compare
GANX Gain Therapeutics, Inc. $41.9M — (loss-making) — (loss-making) +27.78% (above 0%: growing) n/m +8.22% (above 0%: growing) 0.00% 0.00%
SER Serina Therapeutics, Inc. $41.9M — (loss-making) — (loss-making) +2,500.00% (above 0%: growing) n/m −76.82% (below 0%: shrinking) 100.00% 0.00% Compare
SGMOQ Sangamo Therapeutics, Inc. $41.9M — (loss-making) — (loss-making) −77.60% (below 0%: shrinking) n/m +26.21% (above 0%: growing) 100.00% (2,215.40%) Compare
LONA LeonaBio, Inc. $40.9M — (loss-making) — — n/m −142.29% (below 0%: shrinking) 0.00% 0.00% Compare
ATNM Actinium Pharmaceuticals, Inc. $40.9M 3.9× 8.4× +77,677.78% (above 0%: growing) n/m −4.91% (below 0%: shrinking) 100.00% 78.76% Compare
HYPD Hyperion DeFi, Inc. $39.8M — (loss-making) 0.5× +2,333.33% (above 0%: growing) n/m +86.82% (above 0%: growing) 100.00% 8,668.63% Compare
DWTX Dogwood Therapeutics, Inc $39.8M — (loss-making) — — n/m +10.31% (above 0%: growing) — 0.00% Compare
Median of peers $41.4M — — +2,416.67% — +2.70% 100.00% 0.00%

All 621 Biotechnology stocks →

Pay and ownership Proxy statement filed 28 April 2026

Ownership

Directors and executive officers, together 4.15%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Gain Therapeutics, Inc. (GANX) Latest News

22 Dec

29 Nov

Impact 4 · · Insider MonkeyInsider MonkeyInsider Monkey

30 Oct

Impact 3 · · GlobeNewswire

16 Oct

Impact 3 · · GlobeNewswire

9 Oct

Impact 3 · · GlobeNewswireMT NewswiresClinical Trials ArenaBenzingaClinical Trials ArenaClinical Trials Arena

23 Sep

Impact 3 · · GlobeNewswireInsider MonkeyBenzingaTipRanksInsider MonkeySimply Wall St.
stockrow.com/GANX · Data as of Oct 25, 2026 · For information only; not investment advice. · © 2026 stockrow.com