Company Analysis

Biodexa Pharmaceuticals plc American Depositary Shs (BDRX)

Nasdaq: BDRX · Pharmaceutical Preparations · Cardiff · filing with the SEC since 2015
Grade4.1
◀ Past 3.0● Present 3.9▶ Future 5.0
3 est.

The grade of Biodexa Pharmaceuticals plc American Depositary Shs

Nine metrics read from its own filings, by tense
Headline grade
4.1/10
◀ Past3.025% of the headline
● Present3.935% of the headline
▶ Future5.040% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 6 read as filed from the record and 3 are SI estimates, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

3.0/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
8.2/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 22% of this tense · 82nd percentile among 497 sector filers · read for itself

From the record

Biodexa Pharmaceuticals plc American Depositary Shs' filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
2.6/10

What has it actually done, year after year?

-14.8% a year over 9 filed years; profitable in 0 of 8.

weight 45% of this tense · 26th percentile among 323 sector filers · read for its customers

From the record

Biodexa Pharmaceuticals plc American Depositary Shs' 9 filed years say what it did: revenue went from GBP 1 million in fiscal 2015 to GBP 381 thousand in fiscal 2023, down 14.8% a year; it rose in 3 of 8 years; the deepest fall was 82% from fiscal 2018 to fiscal 2020; net income was positive in 0 of 8 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-14.8%bottom 18% of its family
  • the share of years revenue rosebottom 22% of its family
  • the share of filed years with a profitbottom 27% of its family
  • the deepest fall from a revenue peak82.3%bottom 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
0.1/10

How has it treated the people who own it?

SI estimate 0.1/10, confidence 35 of 100 (one part).

weight 33% of this tense · 1st percentile among 464 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 1% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 464 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Biodexa Pharmaceuticals plc American Depositary Shs's shareholder treatment is put at 0.1 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 1% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

3.9/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
3.3/10

Is it financially healthy right now?

ROE -56%: lost 56¢ per shareholder dollar. Leverage 37%: owes 37¢ per asset dollar.

weight 45% of this tense · 33rd percentile among 473 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Biodexa Pharmaceuticals plc American Depositary Shs lost about 56 cents for every dollar of shareholders' money. Leverage: it owed about 37 cents per dollar of assets, and net share issuance: its share count grew 1007.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 46% of its family
  • return on equitybottom 48% of its family
  • the share count against the year beforebottom 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.4/10

How strong is its position in its industry?

bottom 34% of 315 in its family; net margin -1858%.

weight 22% of this tense · 34th percentile among 315 sector filers · read for its customers

From the record

Biodexa Pharmaceuticals plc American Depositary Shs' standing among 315 graded names in its industry family: revenue of GBP 381 thousand in fiscal 2023 is not ranked by size, since the family reports in another currency; a net margin of -1858% ranks in the bottom 25%; revenue growth of 3.6% a year over the last 3 filed years ranks in the bottom 44% (its annual reports).

What it rests on

  • net margin-1858.0%bottom 25% of its family
  • three-year revenue growth3.6%bottom 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.0/10

What are the people in charge doing?

SI estimate 5.0/10, confidence 20 of 100 (family median).

weight 33% of this tense · 50th percentile among 371 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 371 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 371 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Biodexa Pharmaceuticals plc American Depositary Shs's leadership is put at 5.0 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 371 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

5.0/1040% of the headline grade · 2 of 3 filed, 1 estimated

Room to expand

SI estimate
6.6/10

How much room does it have to grow?

SI estimate 6.6/10, confidence 35 of 100 (one part).

weight 33% of this tense · 66th percentile among 479 sector filers · read for itself

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, cash less debt against assets, which ranks in the top 34% of 479 in its family; the record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue.
What the record cannot read
The record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue.
How it was reasoned
one part: cash less debt against assets, the one part on file, ranked among 479 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Biodexa Pharmaceuticals plc American Depositary Shs's room to expand is put at 6.6 of 10 with a confidence of 35 of 100, because read from one part only, cash less debt against assets, which ranks in the top 34% of 479 in its family; the record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue. A filing that carries the missing parts replaces this estimate with the filed reading.

Growth drivers

as filed
3.6/10

What could actually drive growth from here?

bottom 36% of 306 in its family for growth drivers.

weight 45% of this tense · 36th percentile among 306 sector filers · read for its customers

From the record

Biodexa Pharmaceuticals plc American Depositary Shs' growth drivers, from the filed years to fiscal 2023: revenue grew 3.6% a year over the last three filed years against -14.8% over all 9, speeding up (top 15% of its family); the newest year grew -45.5% (bottom 18%); research spending grew -8.1% a year (bottom 34%); capital spending grew -68.2% a year (bottom 8%) (its annual reports). Biodexa Pharmaceuticals plc American Depositary Shs tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+18.4 points a yeartop 15% of its family
  • the newest year's revenue growth-45.5%bottom 18% of its family
  • three-year growth of research spending-8.1%bottom 34% of its family
  • three-year growth of capital spending-68.2%bottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.5/10

Did its newest year beat what its own record pointed to?

top 45% of 233 in its family for expectations against reality.

weight 22% of this tense · 55th percentile among 233 sector filers · read for its shareholders

From the record

Biodexa Pharmaceuticals plc American Depositary Shs' newest year against its own record: revenue of GBP 381 thousand in fiscal 2023 came in 61.8% below the GBP 998 thousand its prior three years' pace pointed to (bottom 15% of its family); net income of GBP 7 million against a prior three-year average of GBP 12 million (top 37%); a net margin of a loss larger than its revenue against losses larger than its revenue before (top 15%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-61.8%bottom 15% of its family
  • net income against the prior three years' average+40%top 37% of its family
  • net margin against its prior averageup more than 100 pointstop 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton BDRX · research, not advice