Alpha Cognition

ACOG

Biotechnology · Healthcare

Exchange

NASDAQ

Winston Score

Winston is serious

Below-average fundamentals — multiple weak pillars.

Data as of Aug 23, 2026 · filings through Jun 30, 2026

How the score breaks down

Quality

Mixed

Growth

Good

Cash Flow

Weak

Stability

Data not available

Valuation

Data not available

Track this stock — start free trial

Winston Score History

The full picture

Alpha Cognition is a small pharmaceutical company focused on treatments for Alzheimer's disease. Its main product is ZUNVEYL, an oral medication approved by the U.S. Food and Drug Administration to treat mild to moderate Alzheimer's. The company sells to patients and caregivers through pharmacies and healthcare providers in the United States.

Alpha Cognition earns revenue by selling ZUNVEYL directly into the U.S. prescription drug market. It is a very small company with a market cap around $100 million, and it currently spends far more money than it brings in, as shown by its deeply negative operating margin. The company has no wide competitive moat — it competes against established Alzheimer's drugs from much larger pharmaceutical companies — and its biggest risk is whether it can grow prescription volume fast enough to reach profitability before running out of cash.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+267.6% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+38.5% YoY

YoY Growth Rate

EPS growth accelerating

Insider Activity

27.8%ownership

↑ Rising

Insiders increasing their stake — aligned with shareholders

Cash Runway

~18 months

$41M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Adequate runway but may need to raise capital within 2 years

Revenue accelerating

Alpha Cognition grew revenue 268% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

93.6%

Premium pricing power — 93.6% gross margin

Profit after running costs

Operating Margin

-127.3%

Losing money on operations — -127.3%

Return on the money invested

ROCE

-54.9%

Weak — -54.9% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

+232.7%

Fast-growing sales (+232.7% YoY)

Profit growth

EPS YoY

N/A

—

Data not available

How steady the profit is

EPS Consistency

6/8 quarters

Earnings grew in most of the last 8 quarters

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

N/A

—

Data not available

Spare cash per sale

FCF Margin

-204.6%

Burning cash (-204.6%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

N/A

Data not available

Covers its interest

Interest Cover

N/A

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

N/M

no trend

Negative earnings — P/E not meaningful

Cheaper or dearer next year

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial