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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›IXHL›Financials
Annual statements · SEC XBRL · FY2023 – FY2025

Incannex Healthcare Inc. (IXHL) financials

Income statement

Incannex Healthcare Inc. (IXHL) income statement, annual, from SEC filings
Fiscal yearFY2023FY2024FY2025
Revenue—$12.0K$86.0K
Revenue growth——616.7%
Operating income-$49.7M-$30.0M-$23.8M
Operating margin—-250341.7%-27661.6%
Net income-$48.8M-$18.5M-$46.9M
Net margin—-153825.0%-54517.4%
EPS (diluted)-$3.32-$1.15-$1.35

Cash flow

Incannex Healthcare Inc. (IXHL) cash flow, annual, from SEC filings
Fiscal yearFY2023FY2024FY2025
Operating cash flow-$10.7M-$15.8M-$12.5M
Capital expenditures$316K$277K$8.00K
Free cash flow-$11.1M-$16.1M-$12.5M

Balance sheet

Incannex Healthcare Inc. (IXHL) balance sheet, annual, from SEC filings
Fiscal yearFY2023FY2024FY2025
Cash & equivalents$22.1M$5.86M$15.0M
Total assets$23.8M$17.0M$20.4M
Total liabilities$2.96M$5.83M$7.06M
Shareholders' equity$20.8M$11.2M$13.4M
Retained earnings-$92.2M-$111M-$158M
Shares (wtd avg diluted)15.4M16.2M34.5M

Every figure is extracted from Incannex Healthcare Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Incannex Healthcare Inc.'s annual revenue?
Incannex Healthcare Inc. (IXHL) reported $86.0K of revenue for fiscal year 2025 — up 616.7% from $12.0K in FY2024, per its annual report filed with the SEC.
Is Incannex Healthcare Inc. profitable?
Not in FY2025 — IXHL reported a net loss of $46.9M, per SEC filings.
What is Incannex Healthcare Inc.'s free cash flow?
-$12.5M in FY2025 (operating cash flow -$12.5M minus $8.00K of capital expenditures), from the SEC cash-flow statement.
Does IXHL pay a dividend?
Incannex Healthcare Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full IXHL analysis — verdict, score & filings →Is IXHL a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.