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Psychemedics Corporation is a Delaware corporation organized on September 24, 1986. We provide testing services for the detection of drugs of abuse and other health markers through the analysis of hair samples.
The business is unprofitable at the operating level (-9.62% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 10.9% YoY. The question is whether this is cyclical or a structural shift.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (TTM)
$20M
▼ -10.9% YoY
Net Income (TTM)
-$2M
▲ +55.2% YoY
Op. Margin
-9.62%
▲ +3.6pp YoY
ROIC
-19.86%
Cash Flow & Balance Sheet
FCF (TTM)
$878K
▲ +153.6% YoY
Op. Cash Flow (TTM)
$929K
▲ +162.8% YoY
Net Debt
-$460K
Net Cash Position
Cash & Equiv.
$1M
5Y CAGR: -12.2%
5Y CAGR: -19.7%
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