TipRanks
Go Ultimate55% OFF

Pharmaust Limited (NUZ) AI Stock Analysis

Top Page

AU:NUZ

Pharmaust Limited

(ASX:NUZ)

Select Model
Rating:50Neutral
Price Target:AUD 0.09â–²(0.00% Upside)
Action:upgraded
Date:09/10/26

The score is held back primarily by very weak fundamentals (no recent revenue, ongoing large losses, and heavy cash burn implying continued financing dependence). Technicals provide some support with price trading above key moving averages, but momentum indicators are mixed. Valuation is also constrained by a negative P/E and no dividend yield data.

Positive Factors
Improved Equity BaseThe substantial increase in equity provides a larger capitalization cushion than the company had in 2025. This may improve resilience against ongoing losses, support access to funding, and give management more flexibility while pursuing its biotechnology activities.
Negative Factors
No Recent RevenueThe absence of reported revenue across three consecutive years leaves the company without demonstrated commercial income to support operations. This weakens self-funding capacity, increases dependence on external capital, and makes future financial performance reliant on achieving renewed commercialization.

Pharmaust Limited (NUZ) vs. iShares MSCI Australia ETF (EWA)

-60%-50%-40%-30%-20%-10%0%10%20%AU:NUZ-23.89%EWA+13.51%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 68.08M
Dividend Yield
―
Average Volume (3M)
474.21K
Price to Earnings (P/E)
-4.9
Beta (1Y)
0.62
Revenue Growth
―
EPS Growth
47.31%
Country
Australia
Employees
36
Sector
Healthcare
Sector Strength
51
Industry
Biotechnology

Pharmaust Limited Business Overview & Revenue Model

Company Description

Neurizon Therapeutics Limited, a clinical stage biotechnology company, develops therapeutics for neurodegenerative diseases. The company develops drug discovery intellectual property for the treatment of neurological diseases. Its lead candidate is N...

How the Company Makes Money

null

Pharmaust Limited Financial Statement Overview

Summary

Financial performance is weak: revenue fell to zero from 2024–2026, losses expanded materially through 2025 and remain large in 2026, and operating/free cash flow are consistently negative with significant cash burn (around -A$14m to -A$15m in 2025–2026). The main offset is improved equity in 2026 versus 2025, but renewed debt and persistent losses keep funding risk elevated.

Income Statement

12Very Negative

Balance Sheet

48Neutral

Cash Flow

18Very Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue017.59M00873.65K3.38M
Gross Profit-2,00117.59M0-1,641-929.53K-223.52K
EBITDA-27.75M-27.75M-18.48M-9.45M-9.13M-1.30M
Net Income-10.72M-10.72M-16.59M-9.03M-9.03M-1.71M
Balance Sheet
Total Assets23.70M23.70M4.36M11.12M6.13M6.13M
Cash, Cash Equivalents and Short-Term Investments12.71M12.71M4.18M9.72M2.71M2.71M
Total Debt3.31M3.31M001.05M1.39M
Total Liabilities10.97M10.97M1.54M896.61K2.24M2.23M
Stockholders Equity12.73M12.73M2.82M10.23M3.89M7.84M
Cash Flow
Free Cash Flow-15.08M-15.08M-14.29M-5.17M-1.60M-1.38M
Operating Cash Flow-15.07M-15.07M-14.29M-5.17M-1.56M-1.33M
Investing Cash Flow-8,220-8,220-21.55K-1.17M-34.93K-43.38K
Financing Cash Flow23.51M23.51M8.76M13.34M1.89M770.99K

Pharmaust Limited Technical Analysis

Technical Analysis SentimentPositive
Last Price0.09

Price Trends

50DMA0.08Positive
100DMA0.07Positive
200DMA0.08Positive

Market Momentum

MACD0.00Positive
RSI58.45Neutral
STOCH69.23Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NUZ, the sentiment is Positive. The current price of 0.09 is above the 20-day moving average (MA) of 0.08, above the 50-day MA of 0.08, and above the 200-day MA of 0.08, indicating a bullish trend. The MACD of 0.00 indicates Positive momentum. The RSI at 58.45 is Neutral, neither overbought nor oversold. The STOCH value of 69.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:NUZ.

Pharmaust Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (51)

Financial Indicators

AU:NUZ against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *51Neutral$7.86B-0.30-43.30%2.27%22.53%-2.21%
AU:NUZAU:NUZ50NeutralAUD 68.08M-4.91-102.07%――47.31%
AU:PARAU:PAR47NeutralAUD 153.48M-1.61-1189.87%―53.78%-206.24%
AU:RCEAU:RCE46NeutralAUD 110.10M-6.9584.67%――42.51%
AU:PTXAU:PTX44NeutralAUD 60.62M-7.68-44.93%――25.27%
AU:BOTAU:BOT41NeutralAUD 27.63M-0.31-118.74%―499.47%31.20%
AU:IMMAU:IMM38UnderperformAUD 33.90M-0.43-98.86%――-27.73%

* Healthcare Sector Average

Performance Comparison

-50%0%50%100%AU:NUZAU:PARAU:IMMAU:PTXAU:BOTAU:RCEDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:NUZ and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:NUZPharmaust Limited0.09-0.03-26.50%
AU:PARParadigm Biopharmaceuticals Ltd.0.24-0.15-37.97%
AU:IMMImmutep Ltd0.02-0.26-91.79%
AU:PTXPrescient Therapeutics Limited0.050.0115.22%
AU:BOTBotanix Pharmaceuticals Limited0.01-0.12-92.31%
AU:RCERecce Pharmaceuticals Ltd.0.36-0.04-10.00%

Pharmaust Limited Corporate Events

Neurizon Therapeutics Halts Trading Ahead of Capital Raising Outcome

Oct 28, 2026

Neurizon Therapeutics has requested and received a trading halt in its shares on the ASX, effective from the open of trading on 29 October 2026. The halt is expected to remain in place until either normal trading resumes on Monday, 2 November 2026, o...

Neurizon Advances NUZ-001 ALS Program With Full Trial Enrolment and Strengthened Funding

Oct 27, 2026

Neurizon completed enrolment of 250 participants in Regimen I of the Phase 2/3 HEALEY ALS Platform Trial at 78 U.S. sites, accelerating the expected topline data to late Q2 2027 and maintaining statistical power without increasing funding needs. The...

Neurizon Therapeutics Sets Hybrid AGM, Moves to Digital-First Shareholder Communications

Oct 26, 2026

Neurizon Therapeutics has called its Annual General Meeting for 25 November 2026 at 2.00pm AEDT, to be conducted as a hybrid event at legal firm Gilbert + Tobin’s Melbourne offices and via an online video-conferencing facility. The company has...

Neurizon Resets 2026 AGM Date and Promotes Investor Engagement

Oct 22, 2026

Neurizon Therapeutics has rescheduled its 2026 Annual General Meeting to 25 November 2026 in Melbourne, with further details to be issued in a forthcoming Notice of Meeting. The board has signalled its intention to use the AGM as a forum to engage di...

Neurizon Therapeutics Trims Future Dilution as Options and Rights Lapse

Oct 13, 2026

Neurizon Therapeutics Limited has announced the cessation of a tranche of equity-linked securities following the lapse of conditional rights. A total of 4,256,000 options expiring in June 2032 and 1,140,000 performance rights have lapsed after their...

Neurizon updates investors on NUZ-001 strategy and plans ALS trial milestones

Oct 6, 2026

Neurizon Therapeutics has released an updated investor presentation outlining its strategy as it progresses lead asset NUZ-001 through late-stage clinical development, including a 250-participant Phase 2/3 HEALEY ALS Platform Trial with topline data...

FDA Feedback Positions Neurizon’s ALS Trial as Potentially Registrational

Oct 5, 2026

Neurizon Therapeutics has received written feedback from the U.S. Food and Drug Administration indicating that positive Phase 2/3 results from the HEALEY ALS Platform Trial of its lead ALS candidate NUZ-001 could support a traditional approval pathwa...

Neurizon Director Boosts Shareholding in On-Market Purchase

Sep 17, 2026

Neurizon Therapeutics has disclosed a change in director Sergio Duchini’s holdings, reflecting an on-market purchase of additional fully paid ordinary shares. The transaction underscores ongoing insider investment in the company and may be view...

Neurizon Therapeutics Redeems 1 Million Convertible Notes Without Conversion

Sep 15, 2026

Neurizon Therapeutics Limited has announced the cessation of 1,000,000 NUZAA convertible notes following their repayment or redemption without conversion on 14 September 2026. The move reduces outstanding convertible debt and may simplify the company...

Neurizon Cuts Convertible Notes and Locks In Standstill as HEALEY ALS Trial Funding Secured

Sep 10, 2026

Neurizon Therapeutics will redeem 1,000,000 convertible notes held by Obsidian for total consideration of US$1,150,000, cutting the outstanding notes to 750,000 and securing a two-month agreement that Obsidian will not sell Neurizon shares. The board...

Neurizon Therapeutics Seeks ASX Quotation for 7.4 Million New Shares

Sep 10, 2026

Neurizon Therapeutics Limited has applied for quotation of 7,436,765 new ordinary fully paid shares on the ASX, to be issued on September 10, 2026. The application, lodged as an Appendix 2A, reflects additional securities resulting from the exercise...

NIH Backs Neurizon’s NUZ-001 ALS Access Program With Multimillion-Dollar Grant

Sep 9, 2026

Neurizon Therapeutics has secured participation in a multimillion-dollar, multi-year NIH-funded Expanded Access Protocol that will allow up to 200 people in the U.S. living with ALS, who are ineligible for clinical trials, to receive its lead investi...

Neurizon names seasoned pharma executive Chris Bremer as CEO ahead of key ALS trial readout

Sep 6, 2026

Neurizon Therapeutics has appointed Dr Chris Bremer as Chief Executive Officer, effective 1 October 2026, as the company advances its lead ALS candidate NUZ-001 through a registrational Phase 2/3 trial. Bremer will initially serve as CEO without join...

Neurizon Therapeutics Expands ASX Quoted Share Base

Aug 26, 2026

Neurizon Therapeutics Limited has applied for quotation on the ASX of 9,116,092 ordinary fully paid shares under the code NUZ.The new securities, issued on August 26, 2026, arise from the exercise or conversion of existing options or other convertibl...

Neurizon Therapeutics files ASX governance disclosure for 2026

Aug 25, 2026

Neurizon Therapeutics Limited has lodged its corporate governance statement and completed Appendix 4G for the financial year ended 30 June 2026, confirming compliance with ASX Listing Rules. The statement, approved by the board as at 25 August 2026,...

Neurizon Therapeutics Narrows Loss and Strengthens Balance Sheet in 2026

Aug 25, 2026

Neurizon Therapeutics Limited has reported a sharply improved financial position for the year ended 30 June 2026, despite remaining loss-making. Other income surged by 844.2% to $17.77 million, helping cut the after-tax loss attributable to owners by...

Neurizon Therapeutics Issues Large Tranche of Unquoted Incentive Securities

Aug 24, 2026

Neurizon Therapeutics Limited has notified the market of the issuance of a substantial tranche of unquoted equity securities under its employee incentive scheme. The company will issue more than 14 million performance rights and approximately 8 milli...

Neurizon strengthens Elanco alliance with appointment of new Board observer

Aug 13, 2026

Neurizon Therapeutics has appointed Dr. Steve Nanchen, Senior Advisor for External Innovation at Elanco Animal Health, as a non-voting Board Observer, reinforcing the strategic ties between the two companies. The move follows Neurizon’s exclusi...

Neurizon accelerates ALS trial and secures supply deal as funding base strengthens

Jul 31, 2026

Neurizon reported a strong June quarter marked by rapid clinical progress in its NUZ‑001 program within the Phase 2/3 HEALEY ALS Platform Trial, expanding Regimen I from 160 to 250 participants while maintaining statistical power and funding re...

Neurizon Secures $17.5m Non-Dilutive R&D Financing to Fund ALS Trial

Jul 31, 2026

Neurizon Therapeutics has entered a strategic R&D financing facility of up to $17.5 million with the Dare Capital Loan Fund, secured solely against its Australian R&D Tax Incentive refunds. An initial drawdown of about $8 million tied to the...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 10, 2026