Nemaura Medical Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.02
Dividend & YieldN/A$ (N/A)
Beta 0
Market capitalization 53.51M
Operating cash flow -7.58M
ESG Scores unknown

Company description

Nemaura Medical Inc., a medical technology company, discovers, develops, and commercializes diagnostic medical devices. It provides sugarBEAT, a non-invasive continuous glucose monitoring device for use by persons with Type I and Type II diabetes, as well as screen pre-diabetic patients. The company also offers proBEAT, a wellness guidance notes, that provide prompts and educate users on factors affecting blood sugar profiles, as well as conducts diabetes prevention and reversal programs. Nemaura Medical Inc. was founded in 2009 and is based in New York, New York.

Sector: Healthcare - Industry: Medical Devices

Financial Ratios
Quick Ratio5.16
Working Capital-0.23
Return On Equity-0.75
Debt To Equity2.3
Fixed Asset Ratio0.04
Fixed Interest Cover-2.28

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 98.12k 138.49k -39.91k -117.38k
Total Cashflows From Investing Activities 4.4M -211.03k -836.44k -956.48k
Net Borrowings -40.9k -40.9k 24.32M -12.4M
Total Cash From Financing Activities 2.05M 97.23k 37.99M -6.37M
Change To Operating Activities 333.31k 197.83k -672.91k 829.84k
Issuance Of Stock 2.54M 178.49k 16.15M 6.08M
Net Income -4.45M -4.16M -6.26M -13.89M
Change In Cash 2.92M -3.63M 31.76M -14.12M
Effect Of Exchange Rate 25.57k -71.21k 607.41k -287.3k
Total Cash From Operating Activities -3.56M -3.45M -6M -6.5M
Depreciation 33.41k 54.84k 98.08k 229.81k
Change To Account Receivables -681.3k -681.3k -681.3k -250.09k
Other Cashflows From Financing Activities -489.3k -40.37k -2.48M -50.77k
Change To Netincome 464.41k 578.02k 113.17k 661.11k
Capital Expenditures -59.67k -157.82k -90.73k -481.72k

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development 2.3M 2.01M 1.55M 1.56M
Income Before Tax -4.45M -4.77M -6.59M -14.24M
Net Income -4.45M -4.16M -6.26M -13.89M
Selling General Administrative 2.18M 2.77M 3.03M 6.17M
Gross Profit 159.61k
Ebit -4.48M -4.78M -4.59M -7.57M
Operating Income -4.48M -4.78M -4.59M -7.57M
Interest Expense -2.01M -2.01M -2.01M -6.67M
Income Tax Expense -614.36k -335.83k -350.26k
Total Revenue 503.91k
Cost Of Revenue 344.3k
Total Other Income ExpenseNet 23.93k 3.93k -2.01M -6.67M
Net Income From Continuing Ops -4.45M -4.16M -6.26M -13.89M
Net Income Applicable To Common Shares -4.45M -4.16M -6.26M -13.89M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 2.54M 2.53M 26.88M 21.64M
Total Stockholder Equity 2.23M -1.31M 8.36M 466.08k
Other Current Liabilities 1.03M 1.01M 432.82k 1.26M
Total Assets 4.76M 1.22M 35.24M 22.1M
Common Stock 20.77k 20.85k 22.94k 24.1k
Other Current Assets
Retained Earnings -13.43M -17.59M -23.84M -37.73M
Treasury Stock -339.89k -336.99k 135.57k -122.32k
Cash 3.74M 106.11k 31.87M 17.75M
Total Current Liabilities 1.3M 1.39M 6.42M 20.58M
Other Stockholder Equity -339.89k -336.99k 135.57k -122.32k
Property, Plant, and Equipment 56.87k 162.06k 202.15k 532.51k
Total Current Assets 4.52M 844.88k 33.99M 20.09M
Net Tangible Assets 2.04M -1.53M 7.3M -1.01M
Net Receivables 207.4k 89.33k 377.67k
Accounts Payable 161.35k 293.61k 253.69k 136.31k


Insider Transactions

Here are the insider transactions of stock shares related to Nemaura Medical Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
MCLARNEY JUSTIN JAMESStock Award(Grant) at price 0.00 per share.D2022-01-31Chief Financial Officer22.29k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Nemaura Medical Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Nemaura Medical Inc

Here is the result of two systematic investment strategies applied to Nemaura Medical Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Nemaura Medical Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Nemaura Medical Inc:

Nemaura Medical Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -18.31% on the backtest period.

Performance at glance

Performance

-18.31 %

Latent gain

-415.57 $

Invested capital

2269.97 $

Annualized return

-4.4 %
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Momentum strategy results on Nemaura Medical Inc

This is the result of two momentum investment strategies applied to Nemaura Medical Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Nemaura Medical Inc

The following chart shows all the entries opened by the momentum investment system on Nemaura Medical Inc:

Nemaura Medical Inc momentum entries
  • The first momentum investment strategy would give -18.86% of return on Nemaura Medical Inc. That represents -1270.61$ of latent gain with 6736.21$ of employed capital.
  • The second momentum investment strategy would give -22.56% of return on Nemaura Medical Inc. That represents -511.66$ of latent gain with 2268.46$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-18.86 %

Latent gain

-1270.61 $

Invested capital

6736.21 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

-22.56 %

Latent gain

-511.66 $

Invested capital

2268.46 $

Annualized return

-6.13 %

Momentum equity curve on Nemaura Medical Inc

The following chart shows the equity curve of the two momentum strategies applied to Nemaura Medical Inc:

Nemaura Medical Inc momentum equity

Note: the dividends potentially given by Nemaura Medical Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Nemaura Medical Inc

The following chart shows the employed capital evolution of the two momentum strategies on Nemaura Medical Inc since the beginning:

Nemaura Medical Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Nemaura Medical Inc

Buy the dip entry openings on Nemaura Medical Inc

Nemaura Medical Inc

The performance achieved by the robo-advisor on Nemaura Medical Inc is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Nemaura Medical Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Nemaura Medical Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to Nemaura Medical Inc

The following chart shows the result of the investment strategy applied to Nemaura Medical Inc:

Nemaura Medical Inc

Note: the dividends potentially given by Nemaura Medical Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Nemaura Medical Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Nemaura Medical Inc:

Nemaura Medical Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Nemaura Medical Inc

In this section, I will compare the three previous investment strategies applied to Nemaura Medical Inc.

Equity curve comparison on Nemaura Medical Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Nemaura Medical Inc investment strategy comparison

Employed capital comparison on Nemaura Medical Inc

Nemaura Medical Inc investment comparison

Performance comparison on Nemaura Medical Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -18.31% -415.57$ 2269.97$ -4.4%
Momentum 1 quarter -18.86% -1270.61$ 6736.21$ -4.81%
Momentum 2 quarters -22.56% -511.66$ 2268.46$ -6.13%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

-4.4 %

Momentum 1Q

-6.13 %

Momentum 2Q

-6.13 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Nemaura Medical Inc:

Positive correlations

Most correlated stocks this year

  • Nemaura Medical Inc

  • Most correlated stocks last 3 months

  • Nemaura Medical Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • BROCKMAN MINING

  • Note: The algorithm computes the probability of correlation between Nemaura Medical Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Nemaura Medical Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Nemaura Medical Inc
    Country United States
    City New York
    Address 57 West 57th Street
    Phone 646 416 7912
    Website nemauramedical.com
    FullTime employees 32
    Industry Medical Devices
    Sector Healthcare
    Exchange XNAS
    Ticker NMRD
    Market www.nasdaq.com

    Nemaura Medical Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown