marketcaparena

PMN

ProMIS Neurosciences Inc.

Company overview

Market capitalization
$95.51M
Employees
10
Latest publication
2026-09-29
About ProMIS Neurosciences Inc.

ProMIS Neurosciences, Inc. discovers and develops antibody therapies and therapeutic vaccines for neurodegenerative diseases and other misfolded protein diseases in Canada. The company's proprietary discovery platform comprises ProMIS, which enables drug discovery through a combination of protein biology, physics, and supercomputing. Its lead product candidates include PMN310, a monoclonal antibody (mAb) for toxic oligomers for treating Alzheimer's disease; PMN267 for the treatment of amyotrophic lateral sclerosis; and PMN442, a mAb targeting toxic a-syn oligomers and seeding fibrils for treating multiple system atrophy. The company also develops PNM440, an alpha-synuclein vaccine for treating multiple synucleinopathies; and PMN311, an amyloid-beta vaccine for the treatment of Alzheimer's. In addition, it is developing therapies for frontotemporal lobar degeneration, Huntington's disease, progressive supranuclear palsy, corticobasal degeneration, and schizophrenia. The company was formerly known as Amorfix Life Sciences Ltd. and changed its name to ProMIS Neurosciences, Inc. in July 2015. ProMIS Neurosciences, Inc. is headquartered in Toronto, Canada.

Company website

Financial statements

Income Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
Total Revenue0USD0USD0USD0USD0USD0USD0USD0USD
Research Development6,971,005USD9,367,869USD9,797,418USD8,749,784USD5,464,250USD4,324,603USD2,563,774USD1,625,821USD
Selling General Administrative1,673,890USD1,404,250USD1,953,014USD1,434,877USD1,995,845USD1,677,842USD1,870,903USD1,087,885USD
Total Operating Expenses8,644,895USD10,772,119USD11,750,432USD10,184,661USD7,460,095USD6,002,445USD4,434,677USD2,713,706USD
Operating Income-8,644,895USD-10,772,119USD-11,750,432USD-10,184,661USD-7,460,095USD-6,002,445USD-4,434,677USD-2,713,706USD
Income Before Tax-8,244,372USD-10,674,088USD-11,580,126USD-10,117,029USD-7,347,903USD-238,207USD9,275,825USD-2,623,657USD
Net Income-8,244,372USD-10,674,088USD-11,580,126USD-10,117,029USD-7,347,903USD-238,207USD9,275,825USD-2,623,657USD
Net Income From Continuing Ops-8,244,372USD-10,674,088USD-11,580,126USD-10,117,029USD-7,347,903USD-238,207USD9,275,825USD-2,623,657USD
Ebitda-8,644,895USD-10,674,088USD-11,580,126USD-10,117,029USD-7,347,903USD-238,208USD9,275,825USD-2,623,657USD
Total Other Income Expense Net400,523USD98,031USD170,306USD67,632USD112,192USD5,764,238USD13,710,502USD90,049USD
Interest Expense—0USD0USD0USD0USD76,851,775USD0USD0USD
Net Interest Income—0USD0USD0USD0USD0USD0USD0USD
Ebit———-10,184,661USD-7,348,000USD-238,000USD9,276,000USD-2,624,000USD
Depreciation And Amortization————10,734,000USD7,605USD13,711,000USD90,047USD
Cost Of Revenue—————6,217,000USD3,467,000USD2,224,000USD
Selling And Marketing Expenses—————550,555USD——
Reconciled Depreciation—————0USD0USD0USD
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Income Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · CADFY 20212021-12-31 · CADFY 20202020-12-31 · CADFY 20192019-12-31 · CADFY 20182018-12-31 · CAD
Total Revenue0USD0USD0USD8,139CAD8,139CAD1,565CAD1,202CAD349CAD
Research Development33,379,321USD10,637,976USD7,883,165USD16,087,168CAD4,949,176CAD3,183,149CAD4,735,317CAD5,440,075CAD
Selling General Administrative6,787,987USD6,189,502USD7,392,760USD7,292,744CAD3,313,366CAD2,444,550CAD2,618,251CAD2,024,903CAD
Total Operating Expenses40,167,308USD16,827,478USD8,452,736USD23,379,912CAD8,262,543CAD2,480,808CAD7,397,461CAD7,464,978CAD
Operating Income-40,167,308USD-16,827,478USD-18,897,693USD-23,379,912CAD-8,249,673CAD-5,662,392CAD-12,131,576CAD-7,464,630CAD
Interest Expense0USD76,775USD201,390USD282,064CAD416,286CAD0CAD0CAD0CAD
Net Interest Income0USD-76,775USD-124,595USD-282,064CAD-410,294CAD174CAD—0CAD
Income Before Tax-39,719,147USD2,778,873USD-17,506,142USD-18,062,263CAD-9,242,533CAD-5,662,392CAD-7,396,259CAD-7,464,630CAD
Net Income-39,719,147USD2,778,873USD-17,506,142USD-18,062,263CAD-9,657,559CAD-5,662,392CAD-7,396,259CAD-7,464,630CAD
Net Income From Continuing Ops-39,719,147USD2,778,873USD-16,897,558USD-18,062,263CAD-9,242,533CAD-4,440,535CAD-5,662,121CAD-7,464,630CAD
Ebitda-39,719,147USD2,855,648USD-17,809,682USD-17,768,983CAD-9,327,995CAD-5,646,886CAD-7,387,699CAD-7,459,731CAD
Total Other Income Expense Net448,161USD19,606,351USD1,391,551USD5,317,649CAD-1,499,013CAD1,221,857CAD4,735,317CAD—
Ebit—2,702,098,000USD-17,837,717USD-17,780,199CAD-9,373,820CAD-5,662,614CAD-7,396,259CAD-7,464,630CAD
Depreciation And Amortization—-19,529,576,000USD28,035USD11,216CAD45,825CAD15,728CAD8,560CAD4,899CAD
Reconciled Depreciation—0USD4,697USD11,216CAD45,686CAD12,334CAD6,553CAD4,899CAD
Cost Of Revenue——10,444,957USD21,781,221CAD5,851,468CAD3,183,149CAD4,735,317CAD—
Gross Profit——-10,444,957USD-21,781,221CAD-5,843,329CAD-3,181,584CAD-4,734,115CAD349CAD
Unclassified Operating Expenses——-6,823,189USD——-3,146,891CAD——
Income Tax Expense——-167,895USD-5,317,649CAD415,025CAD0CAD0CAD-156,242CAD
Net Income Applicable To Common Shares———-18,062,263CAD-11,784,415CAD-5,662,392CAD-7,396,259CAD-10,167,050CAD
Interest Income————4,732CAD174CAD——
Selling And Marketing Expenses——————43,893CAD—
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Balance sheet Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
Total Assets56,693,933USD67,411,571USD9,182,421USD21,458,147USD9,509,496USD13,646,671USD18,911,456USD24,510,535USD
Cash And Equivalents53,429,280USD———————
Cash And Short Term Investments53,463,033USD63,848,098USD6,150,309USD15,432,216USD4,543,170USD8,397,352USD13,324,218USD21,569,256USD
Short Term Investments33,753USD33,753USD33,753USD33,050USD33,051USD33,051USD33,051USD32,358USD
Total Current Assets56,693,933USD65,612,692USD9,182,421USD21,458,147USD9,509,496USD13,646,671USD18,911,456USD24,510,535USD
Other Current Assets3,230,900USD1,764,594USD2,995,590USD5,939,865USD4,936,842USD5,194,762USD5,509,204USD2,310,996USD
Total Liabilities7,294,999USD———————
Total Current Liabilities7,217,744USD6,614,619USD10,411,831USD12,211,047USD9,824,087USD4,056,248USD2,218,425USD2,635,087USD
Other Current Liabilities5,424,269USD———————
Total Stockholder Equity49,398,934USD60,717,572USD-1,258,592USD9,187,355USD-382,578USD9,471,731USD16,488,176USD7,273,220USD
Total Equity Including Noncontrolling Interest49,398,934USD———————
Accounts Payable1,793,475USD1,716,823USD2,543,415USD4,211,485USD2,780,179USD1,200,162USD1,737,463USD1,575,235USD
Retained Earnings-150,380,249USD-138,650,592USD-130,406,220USD-119,732,132USD-108,152,005USD-98,034,976USD-90,687,073USD-90,448,866USD
Accumulated Other Comprehensive Income-371,184USD-371,184USD-371,184USD-371,184USD-371,184USD-371,184USD-371,184USD-371,184USD
Total Liab—6,693,999USD10,441,013USD12,270,792USD9,892,074USD4,174,940USD2,423,280USD17,237,315USD
Other Current Liab—4,897,796USD7,868,416USD7,999,562USD7,043,908USD2,856,086USD480,962USD1,059,852USD
Capital Stock—0USD0USD0USD0USD0USD0USD0USD
Cash—63,814,345USD6,116,556USD15,399,165USD4,510,119USD8,364,301USD13,291,167USD21,536,898USD
Net Debt—-63,814,345USD-6,116,556USD-15,399,165USD-4,510,119USD-8,364,301USD-13,291,167USD-21,536,898USD
Common Stock Shares Outstanding—6,527,779shares1,757,000shares1,394,048shares1,394,048shares1,394,040shares1,392,760shares1,202,680shares
Non Current Assets Total—1,798,879USD0USD0USD0USD0USD0USD0USD
Non Current Liabilities Total—79,380USD29,182USD59,744USD67,987USD118,692USD204,855USD14,602,228USD
Non Currrent Assets Other—1,798,879USD——————
Net Working Capital—58,998,073USD-1,229,410USD9,247,100USD-314,591USD9,590,423USD16,693,031USD21,875,448USD
Unclassified Equity—199,739,348USD129,518,812USD129,290,671USD108,140,611USD107,877,891USD107,546,433USD98,093,270USD
Net Receivables——36,522USD86,065USD29,484USD54,557USD78,034USD630,283USD
Unclassified Non Current Liabilities———————14,602,228USD
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Balance sheet Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · CADFY 20212021-12-31 · CADFY 20202020-12-31 · CADFY 20192019-12-31 · CADFY 20182018-12-31 · CAD
Total Assets9,182,421USD18,911,456USD13,619,145USD9,375,624CAD22,441,302CAD1,384,867CAD2,073,638CAD2,966,005CAD
Other Current Assets2,995,590USD5,509,204USD910,004USD1,331,981CAD923,709CAD134,953CAD321,807CAD476,721CAD
Total Liab10,441,013USD2,423,280USD9,865,849USD11,200,440CAD15,283,989CAD2,400,788CAD1,675,517CAD1,809,748CAD
Total Stockholder Equity-1,258,592USD16,488,176USD3,753,296USD-1,824,816CAD7,157,313CAD-1,015,921CAD398,121CAD1,156,257CAD
Other Current Liab7,868,416USD480,962USD1,506,526USD4,654,400CAD657,673CAD1,842,950CAD1,210,495CAD1,286,753CAD
Capital Stock0USD0USD0USD0CAD56,505,393CAD41,360,734CAD37,536,019CAD33,203,418CAD
Retained Earnings-130,406,220USD-90,687,073USD-93,465,946USD-108,659,000CAD-78,642,639CAD-71,247,944CAD-65,585,552CAD-58,189,293CAD
Cash6,116,556USD13,291,167USD12,598,146USD7,955,533CAD21,426,076CAD1,028,968CAD1,661,713CAD2,389,652CAD
Cash And Short Term Investments6,150,309USD13,324,218USD12,630,504USD8,014,994CAD21,476,767CAD1,105,684CAD1,703,539CAD2,431,270CAD
Total Current Assets9,182,421USD18,911,456USD13,619,145USD9,346,976CAD22,400,477CAD1,240,637CAD2,025,346CAD2,909,153CAD
Total Current Liabilities10,411,831USD2,218,425USD9,349,662USD8,682,940CAD1,174,841CAD2,400,788CAD1,675,517CAD1,809,748CAD
Net Debt-6,116,556USD-13,291,167USD-12,598,146USD-7,955,534CAD-16,486,749CAD-1,028,968CAD-1,661,713CAD-2,389,652CAD
Short Term Investments33,753USD33,051USD32,358USD59,460CAD50,691CAD76,716CAD41,826CAD41,618CAD
Net Receivables36,522USD78,034USD78,637USD71,626CAD48,690CAD757CAD2,510CAD1,162CAD
Accounts Payable2,543,415USD1,737,463USD7,843,136USD4,028,540CAD517,168CAD557,838CAD465,022CAD522,995CAD
Accumulated Other Comprehensive Income-371,184USD-371,184USD-371,184USD-264,520CAD-237,629CAD9,139,694CAD8,877,107CAD6,132,214CAD
Common Stock Shares Outstanding1,756,844,000shares1,058,469shares491,708shares300,104shares231,425shares190,400shares173,197shares159,463shares
Non Current Assets Total0USD33,017,949USD0USD28,648CAD40,825CAD144,230CAD48,292CAD56,852CAD
Non Current Liabilities Total29,182USD204,855USD516,187USD2,517,499CAD14,109,147CAD437,465CAD1,118,023CAD522,995CAD
Net Working Capital-1,229,410USD16,693,031USD4,269,483USD490,443CAD16,661,194CAD-909,808CAD267,808CAD807,181CAD
Unclassified Equity129,518,812USD107,546,433USD97,590,426USD107,098,704CAD-26,973,204CAD-33,009,958CAD-29,461,629CAD-25,214,133CAD
Other Assets—-33,017,949USD——1CAD——1CAD
Non Currrent Assets Other—-33,017,949USD—0CAD0CAD0CAD0CAD0CAD
Unclassified Non Current Assets—33,017,949USD——————
Property Plant Equipment Net——0USD435CAD5,907CAD99,610CAD0CAD1,888CAD
Intangible Assets———28,213CAD34,918CAD41,620CAD48,292CAD54,964CAD
Other Liab———1,859,374CAD8,864,299CAD———
Inventory———-71,626CAD-48,690CAD-31,044CAD-56,819CAD-40,136CAD
Property Plant Equipment Gross———80,321CAD83,438CAD162,621CAD75,560CAD—
Net Tangible Assets———-1,368,610CAD7,441,519CAD-1,057,541CAD349,829CAD1,101,293CAD
Common Stock————56,505,392CAD52,741,553CAD49,032,176CAD45,224,051CAD
Short Long Term Debt Total————4,939,326CAD———
Long Term Debt————3,877,155CAD———
Long Term Investments————0CAD2,353CAD0CAD—
Unclassified Non Current Liabilities————1,367,693CAD—1,118,023CAD—
Good Will—————-8,981CAD-11,323CAD-14,610CAD
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Cash flow YTD

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USD
Stock Based Compensation598,319USD
Change To Liabilities-3,161,755USD
Change In Working Capital-981,060USD
Operating Cash Flow-22,768,585USD
Financing Cash Flow70,081,309USD
Change In Cash47,312,724USD
End Cash Flow53,429,280USD
SourceDisclosureDeterministicFinal

Cash flow Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
Net Income-8,244,372USD-39,690,101,941USD-11,580,126USD-10,117,029USD-7,347,903USD-238,207USD9,275,825USD-2,623,657USD
Stock Based Compensation189,425USD856,973,543USD197,147USD212,015USD245,295USD623,189USD121,036USD17,999USD
Other Non Cash Items189,425USD38,822,607,855USD75,612USD6,050,832USD245,295USD-5,262,804USD-13,474,590USD-59,087USD
Change In Working Capital-4,328,573USD1,468,822USD1,322,556USD6,050,832USD2,175,742USD-3,355,534USD-2,593,372USD1,160,235USD
Total Cash From Operating Activities-12,383,520USD-9,051,721USD-10,181,957USD-3,854,182USD-4,926,866USD-8,233,356USD-6,671,101USD-1,504,510USD
Capital Expenditures0USD0USD-3USD0USD-4USD-4USD-4USD0USD
Free Cash Flow-12,383,520USD-9,051,720USD-10,181,960USD-3,854,182USD-4,926,870USD-8,233,359USD-6,671,101USD-1,504,510USD
Total Cash From Financing Activities70,081,309USD-277,638USD21,263,379USD0USD0USD9,017USD27,215,536USD-1,347USD
Issuance Of Capital Stock70,081,309USD-1USD20,243,963USD0USD0USD470,000USD27,187,497USD0USD
Change In Cash57,697,789USD-9,282,609USD10,889,046USD-3,854,182USD-4,926,867USD-8,245,731USD20,544,435USD-1,504,510USD
Begin Period Cash Flow6,116,556USD15,399,165USD4,510,119USD8,364,301USD13,291,167USD21,536,898USD992,463USD2,496,973USD
End Period Cash Flow63,814,345USD6,116,556USD15,399,165USD4,510,119USD8,364,300USD13,291,167USD21,536,898USD992,463USD
Total Cashflows From Investing Activities—-703USD———-678USD——
Other Cashflows From Investing Activities—701,297USD———692,321USD——
Other Cashflows From Financing Activities—103,317USD20,944,671USD——-460,982USD28,039USD-1,347USD
Unclassified Financing Cash Flow——-19,925,255USD—————
Unclassified Operating Cash Flow———-6,050,832USD————
Depreciation—————0USD0USD0USD
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Cash flow Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · CADFY 20212021-12-31 · CADFY 20202020-12-31 · CADFY 20192019-12-31 · CADFY 20182018-12-31 · CAD
Net Income-39,719,147,000USD2,778,873USD-13,212,482USD-18,062,263CAD-9,399,464CAD-5,662,392CAD-7,396,259CAD-7,464,630CAD
Stock Based Compensation857,628,000USD825,808USD271,542USD487,630CAD515,629CAD414,515CAD647,394CAD789,210CAD
Other Non Cash Items10,728,191,617USD-19,056,942USD-868,555USD-4,873,024CAD1,496,695CAD92,816CAD-171,370CAD0CAD
Change In Working Capital14,748,383USD-11,729,834USD2,944,660USD5,402,558CAD-1,586,038CAD784,629CAD822,010CAD324,327CAD
Total Cash From Operating Activities-28,118,579,000USD-27,182,095USD-10,843,676USD-17,033,883CAD-9,442,345CAD-4,354,704CAD-6,089,665CAD-6,346,194CAD
Capital Expenditures0USD0USD0USD-1,981CAD-6,125CAD-108,666CAD-108,666CAD-108,666CAD
Free Cash Flow-28,118,579,000USD-27,182,095USD-10,843,676USD-17,035,864CAD-9,448,470CAD-4,463,370CAD-6,089,665CAD-6,346,194CAD
Investments-702USD-693USD43USD-1,981CAD2,958CAD-3,210CAD-208CAD-207CAD
Total Cashflows From Investing Activities-702,000USD-693USD-1,349USD-1,981CAD95,933CAD-111,876CAD-208CAD-152CAD
Total Cash From Financing Activities20,944,670,000USD27,875,809USD17,748,800USD6,494,654CAD25,629,784CAD3,833,835CAD5,361,934CAD6,860,213CAD
Issuance Of Capital Stock20,243,962USD27,847,771USD23,233,667USD4,974,253CAD20,017,353CAD2,101,281CAD4,033,955CAD5,540,389CAD
Change In Cash-7,174,611,000USD693,021USD6,722,350USD-11,068,109CAD16,168,910CAD-632,745CAD-727,939CAD513,868CAD
Begin Period Cash Flow13,291,167,000USD12,598,146USD5,875,796USD16,943,905CAD807,667CAD1,661,713CAD2,389,652CAD1,240,610CAD
End Period Cash Flow6,116,556,000USD13,291,167USD12,598,146USD5,875,796CAD16,976,577CAD1,028,968CAD1,661,713CAD1,754,478CAD
Other Cashflows From Financing Activities20,915,931,190USD28,038USD3,600USD1,520,401CAD2,418,296CAD3,833,835CAD5,361,934CAD1,319,825CAD
Depreciation—0USD21,159USD11,216CAD46,462CAD15,728CAD8,560CAD4,899CAD
Other Cashflows From Investing Activities—0USD1,347,212USD0CAD98,037CAD-3,210CAD-208CAD1CAD
Unclassified Investing Cash Flow——-1,348,604USD—————
Unclassified Financing Cash Flow——-5,488,467USD—16,149,059CAD-10,807,432CAD-12,740,106CAD-8,706,152CAD
Change To Liabilities———2,675,693CAD-40,237CAD92,816CAD-171,370CAD451,429CAD
Net Borrowings———0CAD8,706,151CAD8,706,151CAD8,706,151CAD8,706,151CAD
Change To Account Receivables————-17,573CAD34,634CAD-19,555CAD-8,528CAD
Sale Purchase Of Stock————-1,643,722CAD———
Change To Inventory—————-30,286CAD——
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Operating metrics

No operating metrics are currently published for this company.

Revenue breakdown

No revenue breakdown is currently published for this company.

Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.