Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Nicox S.A. is a pharmaceutical company dedicated to the development and commercialization of innovative ophthalmic solutions. The primary focus of Nicox is on advancing therapies that address significant unmet needs in the field of eye care, including treatments for glaucoma and dry eye disease. With its proprietary nitric oxide-donating research platform, the company is at the forefront of discovering novel mechanisms to enhance ocular health. Nicox collaborates extensively with other biotech firms and academic institutions to bring cutting-edge treatments to market. Headquartered in France, Nicox operates with a commitment to improving patients' quality of life and holds several strategic partnerships globally. In the financial markets, Nicox S.A. plays a key role in the biotechnology and healthcare sectors, contributing to advancements in medical treatments and innovations that potentially reshape clinical practices in ophthalmology. Through a robust pipeline of products at various stages of development, Nicox contributes to the dynamic and rapidly evolving landscape of medical research aimed at improving visual healthcare.
The business is unprofitable at the operating level (-81.33% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 113.4% YoY with margins expanding 27.1pp.
ROIC dropped from -19.69% to -78.15%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
€17M
▲ +113.4% YoY
Net Income (TTM)
-€2M
▲ +89.2% YoY
Op. Margin
-81.33%
▲ +27.1pp YoY
ROIC
-78.15%
▼ -58.5pp YoY
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow
N/A
Net Debt
-€4M
Net Cash Position
Cash & Equiv.
€4M
3Y CAGR: +47.4%
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