PMGC Holdings Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $590,084 | — | $1.7M | $766,277 | — |
| Cost of revenue | $404,770 | — | $578,015 | $318,968 | — |
| Gross profit | $185,314 | — | $1.1M | $447,309 | — |
| Research and development | $147,010 | $104,654 | $7,410 | $228,747 | — |
| Operating expenses | $7.1M | $3.7M | $1.1M | $2.2M | — |
| Interest expense | $257,630 | $735,197 | $19,525 | $2,629 | — |
| Pretax income | -$7.7M | -$4.0M | — | — | — |
| Income tax expense | $30,972 | — | — | — | — |
| Net income | -$7.7M | -$6.2M | -$4.3M | -$1.8M | — |
| Balance Sheet | |||||
| Cash and equivalents | — | $4.0M | $3.3M | — | — |
| Current assets | $6.9M | $6.1M | $4.9M | $1.6M | — |
| Total assets | $12.9M | $9.0M | $5.2M | $1.9M | — |
| Current liabilities | $3.9M | $1.8M | $1.3M | $588,272 | — |
| Total liabilities | $5.0M | $2.3M | $1.4M | $760,873 | — |
| Stockholders' equity | $7.8M | $6.7M | $3.8M | $1.1M | $450,628 |
| Cash Flow Statement | |||||
| Cash from operations | -$5.9M | -$5.5M | -$4.6M | -$1.6M | — |
| Depreciation and amortization | $96,663 | $12,950 | $11,649 | $6,512 | — |
| Stock-based compensation | $19,160 | $97,167 | $487,738 | $171,869 | — |
| Capital expenditure | $442,255 | $9,160 | $11,191 | — | — |
| Free cash flow | -$6.4M | -$5.5M | -$4.6M | — | — |
| Share repurchases | $179 | — | — | — | — |
Shares outstanding 4.5M
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.