Numinus Wellness Stock-About, Latest News, Q-3 Stock Analysis!

Numiness wellness has a continuous focus on improving mental health care. The company accepts the fact that people suffering from mental illness, traumas, addictions face a lot of societal pressure.

Numiness wellness incorporates health and technology. It provides new and advanced psychedelic medicine techniques for bringing evidence-based and effective healing to life. Our living standards have changed and almost everyone around us is unable to meet society’s expectations.

There comes psychedelic psychotherapy that has completely changed the way of improving mental wellbeing through mindful holistic care. The substantial state of consciousness is treated through psychedelic integration, psychotherapy, ketamine therapy, and clinical trials.

Numiness Wellness has proven results of treating a variety of mental health conditions through psychedelic assistance. The company builds a long-term relationship with their patients to accompany them on their healing journey.

Numinus Wellness Stock-About, Latest News

Numiness Wellness Stock-Financial Q-3 Report Analysis:

Revenue growth for Numiness stock over the span of one year was reported to be increased by 31.8% to $741,064 in the financial Q-3 report. It happened due to the possession of Mindspace and the Neurology Centre of Toronto.

However, the growth dumped 5.7% as compared to the previous quarter. This decline happened as a result of strategic changes in Numinous Bioscience. Analytical testing was ceased by third party clients. But the Clinical trail segment of the company gained 7.5% revenue growth so the financial offset was somehow adjusted.

In comparison to the Q-3 financial report of 2021, 24.4% growth was seen in the gross margin during the 3rd financial quarter which altered -2.8%. These results were achieved as a result of complete possession between periods and because the company offered services with a higher gross margin.

A momentous upgrading, has also been marked in the Q-3 financial report that includes gross profit of $180,845.

Loss was reported to be $7.0 million which was previously $4.8 million in Q-3 2021. It happened due to technical development, advancement in testing, legal expenses, and the possession of Novamind Inc.

By May 31, Numiness Wellness has a cash balance of $41.8 million.

Numinus Wellness Stock-About, Latest News

Numi Stock Forecast-See What Analysts Say!

According to an analyst, Numi stock forecast depicts the average Numi price target CAD 0.50 per share over the next 1 year. Analysts rate Numi stock as a Strong Buy. The analysts at Stock Target Advisor have a Bearish opinion for Numinus stock which has been built on 4 negative signals and 0 positive signals. If we have a look at the last closing price of Numi stock, it closed at CAD 0.28. Numi stock price has varied +0.00% during the last week, +0.04% in the previous month, and -69.89% throughout the previous year.

Numinus Stock-What’s Good?

There is nothing specific that STA like about Numiness Wellness stock.

Numinus Stock-What’s not Good?

1.     Low Market Value:

Numiness stock is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

High volatility:

2.     High Volatility:

Numi stock forecast has shown that the total returns for Numi stock are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in Numiness stock.

3.     Negative Cashflow:

Numi stock forecast has shown that Numiness stock had negative total cash flow in the most recent four quarters.

4.     Negative Free Cashflow:

Numi stock forecast has shown that Numi stock had negative total free cash flow in the most recent four quarters.



  • For the quarter, revenues increased 32% year over year to $0.74 million.
  • Revenues for the clinic network increased 7.5% from the previous quarter and 59.5% from the same quarter a year previously.
  • During Q3 2022, a gross profit of $180,845 and a gross margin of 24.4% were attained.
  • ended the quarter with a substantial cash balance of $41.8 million.
  • completed the acquisition of Novamind, establishing Numinus as a top provider of comprehensive mental healthcare services that use psychedelic therapy.



The condensed consolidated financial statements for Numinus for the three and nine months ended May 31, 2022, as well as related management’s discussion and analysis, are available on the company’s SEDAR profile at and on the Investor Relations page of the Numinus website at The IFRS were followed in the preparation of these materials.

Zain Liaquat

I am a blogger and I am managing diferent sites with unique contetnt, I publish new daily content on my sites you can visit or sites. Read Our Job Portal site latest Govt jobs Read more Pak navy Jobs Read more, Islamabad police Jobs Read more, Pakistan Atomic Energy Jobs Read more, Punjab Police Jobs Read more, Punjab Police New Jobs Read more, Pak Army Jobs Read more, NADRA Jobs Advertisement Read more, GHQ Jobs Read more, Bank Jobs In Karachi

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