Assay
Financial-condition grades for SEC filers
Company Report · as of Oct 9, 2026
|
| Intelligent BIO Solutions Inc.INBS · healthcare | |
|---|---|
| Grade |  Eweakest fifth of 371 graded peers; percentile 87.8, sampling error 2.5 points; lower is stronger |
| Rank | 326 of 371 |
| Profitability | Dpercentile 64.2 |
| Solvency | D/Epercentile 79.9 |
| Growth and financing | Cpercentile 48.5 |
| Reliability | 0.76 AUCfailure model, filers with under $12.5M assets; 95% interval 0.65 to 0.86; 63 events, 2020 to 2025 |
| Peer failure rate | 0.60% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025 |
| Size band | under $12.5M assetstotal assets $11.9M[1] |
| Standard universe | insiderevenue above $1M and assets above $10M[1-2] |
| Warnings | dilution, short runwaynot computable: distress, fortress balance sheet |
| Inputs computable | 7 of 14 |
| Graded from | filings received through Aug 19, 202651 days before the rescan; every figure keyed to the SEC receipt date |
| Last close | $1.562026-10-08; market equity $4.7M; iex feed |
| Price used in grade | None |
| Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history | ||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date. Open this report as it stood on | ||||||||||||||||||||||||
Each date opens the report as it stood on that rescan. |
Business, in the company's words. Opening of Item 1 of the 10-K received Aug 19, 2026; the document on sec.gov.
context otherwise requires, the terms “we,” “us,” “our,” “Company,” or “INBS” refer to Intelligent Bio Solutions Inc. together with its wholly owned subsidiaries. Bio Solutions Inc. and its wholly owned Delaware subsidiary, GBS Operations Inc., were each formed on December 5, 2016, under the laws of the state of Delaware. The Company’s Australian subsidiary, Intelligent Bio Solutions (APAC) Pty Ltd, was formed on August 4, 2016, under the laws of New South Wales, Australia. On October 4, 2022, INBS acquired Intelligent Fingerprinting Limited (“IFP”), a company registered in England Bio Solutions Inc.
Warnings [top]
7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.
The Fourteen Inputs [top]
Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.
| Input | Percentile, 0 to 100 | Value | Source | Peer median | Percentile | Peers | Period end |
|---|---|---|---|---|---|---|---|
| Profitability, sleeve percentile 64.2 | |||||||
| Gross profitability | 17.2% | [1,6] | 32.2% | 67.1 | 372 | 2026-06-30 | |
| Return on invested capital | not computable | 9.3% | |||||
| one or more required annual facts are missing | |||||||
| Accruals ratio | (5.0%) | [1,7-9] | (6.6%) | 61.2 | 811 | 2026-06-30 | |
| Gross margin stability, five years | not computable | 2.8 pts | |||||
| five annual gross margins are required; found 4 | |||||||
| Solvency, sleeve percentile 79.9 | |||||||
| Twelve-month failure probability | not computable | 0.07% | |||||
| latest liabilities, cash plus short-term investments, book equity, and shares are required | |||||||
| Altman Z double-prime | (25.50) | [1,10-15] | (0.31) | 77.7 | 756 | 2026-06-30 | |
| Net debt to EBITDA | not computable | 1.82x | |||||
| required facts have no common fiscal period end | |||||||
| Interest coverage | not computable | (4.51x) | |||||
| one or more required annual facts are missing | |||||||
| Current ratio | 1.44x | [10-11] | 2.96x | 82.1 | 839 | 2026-06-30 | |
| Growth and financing, sleeve percentile 48.5 | |||||||
| Revenue growth, three-year compound | 49.7% | [2,16-18] | 10.0% | 13.8 | 415 | 2026-06-30 | |
| Free cash flow growth, three-year compound | not computable | 10.9% | |||||
| four consecutive annual FCF observations are required; found 3 | |||||||
| Reinvestment rate | not computable | 37.1% | |||||
| one or more required annual facts are missing | |||||||
| Asset growth, three years | 4.9% | [1,9,19-20] | 2.1% | 41.1 | 704 | 2026-06-30 | |
| Net share issuance, one year | 237.2% | [3-4] | 2.5% | 90.5 | 634 | 2026-08-18 | |
Gross profitability. Revenue less cost of goods sold, over total assets.
Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.
Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.
Twelve-month failure probability. CHS model; lower is stronger.
Net debt to EBITDA. Lower is stronger.
Net share issuance, one year. Split-adjusted; lower is stronger.
Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite 0.327; sampling error 2.5 percentile points on 371 peers.
Among 371 Peers [top]
Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.
| Rank | Company | Percentile | Letter | Warnings |
|---|---|---|---|---|
| 321 | Natural Alternatives International Inc. (NAII) Natural Alternatives International Inc. (NAII) Eweakest fifth; percentile 86.5 Nasdaq · Medicinal Chemicals & Botanical Products market equity $25.3M; last close $1.17 Warnings: dilution, late filer, fortress balance sheet; 8 of 14 inputs | 86.5 | E | dilution, late filer, fortress balance sheet |
| 322 | DarioHealth Corp. (DRIO) DarioHealth Corp. (DRIO) Eweakest fifth; percentile 86.8 Nasdaq · Surgical & Medical Instruments & Apparatus market equity $53.2M; last close $5.61 Warnings: dilution, short runway; 7 of 14 inputs | 86.8 | E | dilution, short runway |
| 323 | Intellia Therapeutics, Inc. (NTLA) Intellia Therapeutics, Inc. (NTLA) Eweakest fifth; percentile 87.0 Nasdaq · In Vitro & In Vivo Diagnostic Substances market equity $1.8B; last close $12.59 Warnings: short runway; 7 of 14 inputs | 87.0 | E | short runway |
| 324 | Heron Therapeutics, Inc. (HRTX) Heron Therapeutics, Inc. (HRTX) Eweakest fifth; percentile 87.3 Nasdaq · Pharmaceutical Preparations market equity $68.0M; last close $0.36 Warnings: distress; 9 of 14 inputs | 87.3 | E | distress |
| 325 | Lexaria Bioscience Corp. (LEXX) Lexaria Bioscience Corp. (LEXX) Eweakest fifth; percentile 87.6 Nasdaq · Pharmaceutical Preparations market equity $5.3M; last close $3.37 Warnings: dilution, short runway, distress; 9 of 14 inputs | 87.6 | E | dilution, short runway, distress |
| 326 | Intelligent BIO Solutions Inc. (INBS) Intelligent BIO Solutions Inc. (INBS) Eweakest fifth; percentile 87.8 Nasdaq · Surgical & Medical Instruments & Apparatus market equity $4.8M; last close $1.56 Warnings: dilution, short runway; 7 of 14 inputs | 87.8 | E | dilution, short runway |
| 327 | Bristol Myers Squibb Co. (BMY) Bristol Myers Squibb Co. (BMY) Eweakest fifth; percentile 88.2 NYSE · Pharmaceutical Preparations last close $59.56 No active warnings; 7 of 14 inputs | 88.2 | E | |
| 328 | Bristol Myers Squibb Co. (CELG-RI) Bristol Myers Squibb Co. (CELG-RI) Eweakest fifth; percentile 88.2 NYSE · Pharmaceutical Preparations No active warnings; 7 of 14 inputs | 88.2 | E | |
| 329 | Maravai Lifesciences Holdings, Inc. (MRVI) Maravai Lifesciences Holdings, Inc. (MRVI) Eweakest fifth; percentile 88.6 Nasdaq · Pharmaceutical Preparations last close $7.20 Warnings: late filer; 7 of 14 inputs | 88.6 | E | late filer |
| 330 | Insight Molecular Diagnostics Inc. (IMDX) Insight Molecular Diagnostics Inc. (IMDX) Eweakest fifth; percentile 88.9 Nasdaq · In Vitro & In Vivo Diagnostic Substances market equity $107.3M; last close $3.27 Warnings: fortress balance sheet; 8 of 14 inputs | 88.9 | E | fortress balance sheet |
| 331 | Nuwellis, Inc. (NUWE) Nuwellis, Inc. (NUWE) Eweakest fifth; percentile 89.2 Nasdaq · Electromedical & Electrotherapeutic Apparatus market equity $2.5M; last close $0.68 Warnings: dilution, short runway, fortress balance sheet; 8 of 14 inputs | 89.2 | E | dilution, short runway, fortress balance sheet |
| Peer policy | Letter | Percentile | Peers |
|---|---|---|---|
| all graded filers, equal sleeves | E | 84.7 | 2204 |
| sector peers, equal sleeves (the grade) | E | 87.8 | 371 |
| same exchange, equal sleeves | E | 86.5 | 1219 |
| sector peers, equal inputs | E | 85.1 | 371 |
Each letter is one fifth of the 371 graded peers, about 74 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.
What the Price Implies [top]
Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.
| Measure | Value | Peer median | Percentile | Reading |
|---|---|---|---|---|
| Twelve-month price change, skipping the latest month | (76.5%) | 8.0% | 4 | hotter than 4 of 100 peers |
| Distance from 52-week high | (91.2%) | (31.4%) | 4 | closer to its high than 4 of 100 peers |
| EBIT to enterprise value | (523.0%) | (1.5%) | 2 | pricier than 98 of 100 peers |
| Free cash flow yield | (253.6%) | (1.0%) | 3 | pricier than 97 of 100 peers |
| Book value to price | 1.16 | 0.28 | 89 | pricier than 11 of 100 peers |
| Sales to price | 0.89 | 0.31 | 79 | pricier than 21 of 100 peers |
| Composite equity issuance, five years | 619.1% | 20.3% | 98 | more equity-funded than 98 of 100 peers |
| Relative strength against the sector, log excess return | (1.66) | (0.14) | 4 | ahead of 4 of 100 peers |
Inputs: market equity $4.8M; EBIT -$12.6M; free cash flow -$12.1M; book equity $5.5M; sales $4.2M; debt $1.6M; cash $4.0M[3].
Diagnostics [top]
Diagnostics do not feed the grade.
| Piotroski F-score: None of 9, period end 2026-06-30 | ||
|---|---|---|
| Return on assets above zero | (150.7%) | ✗ fail[7,9] |
| Operating cash flow above zero | -$11.9M | ✗ fail[8] |
| Return on assets improved | (74.0 pts) | ✗ fail[7,9,19,21] |
| Operating cash flow exceeds net income | $503,753 | ✓ pass[7-8] |
| Long-term leverage fell | n/a[1,9,19] | |
| Current ratio improved | 66.6 pts | ✓ pass[10-11,22-23] |
| No new shares issued | 237.2% | ✗ fail[3-4] |
| Gross margin improved | 7.8 pts | ✓ pass[2,6,16,24] |
| Asset turnover improved | 28.9 pts | ✓ pass[2,9,16,19] |
Downloads [top]
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Sources [top]
Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.
| # | Concept | XBRL tag | Value | Period end | Received | Form | Links |
|---|---|---|---|---|---|---|---|
| 1 | assets | us-gaap:Assets | $11.9M | 2026-06-30 | 2026-08-19 | 10-K | filing · viewer · series |
| 2 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $4.2M | 2026-06-30 | 2026-08-19 | 10-K | filing · viewer · series |
| 3 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 3,027,470 | 2026-08-18 | 2026-08-19 | 10-K | filing · viewer · series |
| 4 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 8,979,152 | 2025-08-12 | 2025-08-15 | 10-K | filing · viewer · series |
| 5 | cash | us-gaap:CashAndCashEquivalentsAtCarryingValue | $4.0M | 2026-06-30 | 2026-08-19 | 10-K | filing · viewer · series |
| 6 | gross profit | us-gaap:GrossProfit | $2.0M | 2026-06-30 | 2026-08-19 | 10-K | filing · viewer · series |
| 7 | net income | us-gaap:NetIncomeLoss | -$12.4M | 2026-06-30 | 2026-08-19 | 10-K | filing · viewer · series |
| 8 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | -$11.9M | 2026-06-30 | 2026-08-19 | 10-K | filing · viewer · series |
| 9 | assets | us-gaap:Assets | $8.2M | 2025-06-30 | 2026-08-19 | 10-K | filing · viewer · series |
| 10 | current assets | us-gaap:AssetsCurrent | $7.1M | 2026-06-30 | 2026-08-19 | 10-K | filing · viewer · series |
| 11 | current liabilities | us-gaap:LiabilitiesCurrent | $4.9M | 2026-06-30 | 2026-08-19 | 10-K | filing · viewer · series |
| 12 | retained earnings | us-gaap:RetainedEarningsAccumulatedDeficit | -$75.0M | 2026-06-30 | 2026-08-19 | 10-K | filing · viewer · series |
| 13 | operating income | us-gaap:OperatingIncomeLoss | -$12.6M | 2026-06-30 | 2026-08-19 | 10-K | filing · viewer · series |
| 14 | book equity | us-gaap:StockholdersEquity | $5.5M | 2026-06-30 | 2026-08-19 | 10-K | filing · viewer · series |
| 15 | liabilities | us-gaap:Liabilities | $6.7M | 2026-06-30 | 2026-08-19 | 10-K | filing · viewer · series |
| 16 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $3.1M | 2025-06-30 | 2026-08-19 | 10-K | filing · viewer · series |
| 17 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $3.1M | 2024-06-30 | 2025-08-15 | 10-K | filing · viewer · series |
| 18 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $1.3M | 2023-06-30 | 2024-09-18 | 10-K | filing · viewer · series |
| 19 | assets | us-gaap:Assets | $13.8M | 2024-06-30 | 2025-08-15 | 10-K | filing · viewer · series |
| 20 | assets | us-gaap:Assets | $10.4M | 2023-06-30 | 2024-09-18 | 10-K | filing · viewer · series |
| 21 | net income | us-gaap:NetIncomeLoss | -$10.6M | 2025-06-30 | 2026-08-19 | 10-K | filing · viewer · series |
| 22 | current assets | us-gaap:AssetsCurrent | $4.1M | 2025-06-30 | 2026-08-19 | 10-K | filing · viewer · series |
| 23 | current liabilities | us-gaap:LiabilitiesCurrent | $5.4M | 2025-06-30 | 2026-08-19 | 10-K | filing · viewer · series |
| 24 | gross profit | us-gaap:GrossProfit | $1.2M | 2025-06-30 | 2026-08-19 | 10-K | filing · viewer · series |
| 25 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | -$8.7M | 2026-03-31 | 2026-05-13 | 10-Q | filing · viewer · series |
| 26 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | -$4.4M | 2025-12-31 | 2026-02-12 | 10-Q | filing · viewer · series |
| 27 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | -$2.8M | 2025-09-30 | 2025-11-12 | 10-Q | filing · viewer · series |
Limitations [top]
Grade boundary. Percentile 87.8 is 7.8 points from the nearest band edge; sampling error is 2.5 points.
Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.
Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.
Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.
Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.
Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.
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