Incannex Healthcare Limited (IXHL) Stock Score, Valuation & Financial Research

Incannex Healthcare Limited is in the Healthcare sector and Biotechnology industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. The current Wall Street Score is 23/100.

Quick answer for IXHL

Incannex Healthcare Limited currently has a Wall Street Score of 23/100. The stored market price is $3.45. Its financial score is 12/100. Its valuation score is 0/100. These figures are a research snapshot, not a buy or sell recommendation.

What Incannex Healthcare Limited does

Incannex Healthcare Limited is an Australian company dedicated to the research, development, and commercialization of medicinal cannabinoid products. The firm offers pharmaceutical-grade cannabinoid compounds under its proprietary Incannex brand. Its product pipeline includes several key assets: IHL-42X: This compound is currently undergoing Phase II clinical evaluation for the treatment of obstructive sleep apnea (OSA). Incannex partners with The Alfred Hospital and Novotech on this specific clinical program. IHL-216A: Designed to address traumatic brain injury (TBI). Furthermore, the Monash Trauma Group, part of Monash University's Department of Neuroscience, is conducting a study on IHL-216A's protective effects against sports-related concussions. IHL-675A: A unique formulation combining hydroxychloroquine and cannabidiol, developed for both the prevention and management of a range of

IXHL financial snapshot

Wall Street Score:
23/100
Current price:
$3.45
Market capitalization:
$41.3M
Revenue:
$176K
Net income:
$-59.4M
Free cash flow:
$-12.5M
Cash:
$68.9M
Total debt:
$163K
EPS:
-3.30
Financial score:
12/100
Valuation score:
0/100
Revenue score:
0/100

What stands out

  • Reported year-over-year revenue growth is +1.0%.
  • Free cash flow is $-12.5M, showing cash burn in the current stored period.
  • The balance sheet shows $68.9M of cash versus $163K of total debt, leaving more cash than debt.
  • The current research record carries a share basis reconciled warning, which should be reviewed alongside the score.

What the numbers mean

Its current valuation score is 0/100, which Wall Street Score classifies as weak within the model's valuation framework.

The financial score is 12/100. This is a starting point for reviewing liquidity, leverage and cash-flow strength rather than a stand-alone recommendation.

A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.

Data freshness: Financial data last refreshed 2026-09-13.

How to research IXHL

Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.

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Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.