Incannex Healthcare Inc.

IXHL Healthcare Drug Manufacturers Specialty & Generic

Incannex Healthcare Inc.’s revenue for fiscal 2025 (year ended June 2025) was $86,000.00, up 616.7% from fiscal 2024. In the quarter to June 2026, revenue fell 92.3%, EPS grew 99.0% and free cash flow grew 327.7%, each against the same quarter a year earlier.

2.82 0.06 −2.08%
Market cap
$36.1M
P/E
0.0×
Fwd P/E
−2.4×
Dividend yield
—
F-score
3/9
Altman Z
−13.23
Beneish M
−5.82
Dividend safety
n/a

Incannex Healthcare Inc. (IXHL) EV/Sales

Alert me on EV/Sales

As of 16 October 2026, Incannex Healthcare Inc. (IXHL) trades at a EV/Sales of −19.9×. Over the past ten years it has ranged from −25.0× (April 2026) to 636,556× (March 2022); the current reading is higher than 1% of that period. That is below the Drug Manufacturers Specialty & Generic industry median of 2.7× and below the Healthcare sector median of 3.4×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 −2.4× —
FY2024 21.3× (99.95%)
FY2023 45,484× (37.88%)
FY2022 73,224× (72.56%)
FY2021 266,811× 0.00%
FY2020 266,811× 0.00%
FY2018 266,811× 0.00%
FY2017 266,811× —

Quarterly newest first

Period EV/Sales Change
Dec 2024 25.0× 33.21%
Sep 2024 18.8× (99.99%)
Jun 2021 266,811× 0.00%
Dec 2020 266,811× 0.00%
2 more quarters

Against its own ten years

Low −25.0× High 636,556×
Ten-year median 22.4×
Current reading's percentile 1

EV/Sales against peers

Company EV/Sales
IXHL Incannex Healthcare Inc. −19.9×
ZYBT Zhengye Biotechnology Holding Limited compare n/m
SHPH Shuttle Pharmaceuticals Holdings, Inc. compare n/m
RMTI Rockwell Medical, Inc. compare 0.2×
INCR InterCure Ltd. compare 0.7×
SCYX SCYNEXIS, Inc. compare 0.7×
CPHI China Pharma Holdings, Inc. compare 8.1×
TXMD TherapeuticsMD, Inc. compare 85.1×
TLPH Talphera, Inc. compare 166×
Drug Manufacturers Specialty & Generic industry median 2.7×
Healthcare sector median 3.4×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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