Numinus Wellness (NUMI) Investor Presentation summary

Industry context and market opportunity

• Global mental health issues are rising, with depression, anxiety, and substance abuse affecting millions and costing the global economy $1 trillion annually.

• Current mental health systems are inadequate to address increasing rates of mental illness, addiction, and trauma.

• The global mental health market is projected to grow from $380B in 2020 to $538B by 2030.

Business model and operations

• Integrated model combines clinical therapy, psychedelic research, and practitioner training, serving clients, practitioners, and research organizations.

• Transitioned out of Canadian clinical operations, focusing on U.S. clinics and research.

• Wellness clinics generated ~80,000 appointments annually, addressing a wide range of mental health conditions.

• Managed 15 clinical trials and provided 15,750 client appointments in Q3 FY24, a 3.2% increase year-over-year.

Financial performance

• Q3 FY24 total revenue was $4.35M, with clinic network revenues at $3.36M and clinical research revenues at $824K.

• Practitioner training revenue reached $168.8K in Q3 FY24, with over 1,650 learners enrolled from 18 countries.

• Cost containment initiatives reduced overhead, with a near-term goal of positive EBITDA.

• Cash and cash equivalents stood at $3.7M at the end of Q3 FY24.