SE‑Cluster

Search

Search markets, companies, evidence, and pages

TickerCOSM
SectorDrug Manufacturers - Specialty & Generic
Mkt cap$10M
EV / EBITDAN/A
PostureHigh Velocity
Composite70/100
LensBuyer-side
SE-Cluster Research·Issuer Brief·Q2 2026CIK 1474167

Cosmos Health Inc.

COSMHIGH VELOCITYFILING INTENSITY

Cosmos Health Inc. reads as an High Velocity (composite 70/100); Platform Builder deploying $5B across 1 disclosed transactions, newly disclosed vs the prior cycle · primary market Healthcare.

Lens

Disclosed M&A capital (2023–2025)

$5.2B

new

vs N/A in 2020–2022

Disclosed transactions

1

new

1/3 active fiscal years in window

Buyer archetype

Platform Builder

Large and recent disclosed spend expands platforms or service-line scale.

Composite score

70

/100

High Velocity dominates · Filing Intensity

Financial snapshot
Revenue$65M
EBITDAN/A
Enterprise value$20M
EV / Revenue0.3×
EV / EBITDAN/A
P/EN/A
Cash$716K
Total debt$4M
as of 2026-05-10
§ I·SE-Cluster Issuer Brief

Behavioral posture, nine reads.

Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.

Active Acquirer

46/100

Companies actively deploying disclosed capital into M&A

  • $5.2B disclosed buyer spend

Buyer Cadence

17/100

Buyer-side companies with recent filing activity

  • Filed within 55d
  • 153 8-Ks

Target Probability

20/100

Issuers showing target-side patterns from filings

  • 8 activism filings

Spin/Carve

0/100

Issuers showing spin-off, carve-out, or sum-of-parts posture

  • 8 activism filings

Pressure Watch

42/100

Issuers facing activism, governance, or control pressure

  • 8 activism filings
  • Latest activism 2.9y ago; discounted

Distress Watch

44/100

Issuers showing financial-distress filing patterns

  • 10-Q 208d stale
  • 8 activism filings

Restatement Risk

0/100

Issuers with accounting-integrity flags from filings

Capital Velocity

Dominant
70/100

Issuers with the highest filing-activity intensity

  • 153 8-Ks
  • 5 form types

Quiet Power

0/100

Large issuers with low signal volume and clean disclosure cadence

  • Enterprise value $20M
  • 10-Q 208d ago
  • 2 active signals
§ II·SE-Cluster Issuer Brief

Capital cadence.

Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.

16
17
18
19
20
21
22
23
24
25

Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $5,231M · Peak count: 1

FYDisclosed buysDisclosed spendAvg ticketAudited tier
2025N/AN/AN/AN/A
20241$5.2B$5.2BN/A
2023N/AN/AN/AN/A
2022N/AN/AN/AN/A
2021N/AN/AN/AN/A
2020N/AN/AN/AN/A
§ III·SE-Cluster Issuer Brief

Strategy posture.

The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.

Archetype mix

  • Geographic Expansion
    50%
  • Platform
    50%

Strategy keywords

Terms recurring across recent 10-K acquisition disclosures.

  • geographic_expansion
  • platform
  • bolt_on
  • vertical_integration
  • horizontal_consolidation
§ IV·SE-Cluster Issuer Brief

Filing language.

Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.

By expanding our pharmaceutical distribution business, we expect to have the ability to source branded and generic products directly from manufacturers.

10-KFY2019

We regularly evaluate acquisition targets that would allow us to expand our distribution reach and/or vertically integrate into the supply chain.

10-KFY2019

We regularly evaluate and, where appropriate, execute on opportunities to expand through the acquisition of pharmaceutical products and companies

10-KFY2018

We expanded into the full-line wholesale distribution business through the December 2018 acquisition of Cosmofarm Ltd.

10-KFY2020

We expect this expansion to increase our sales and profit margins as we vertically integrate into the supply chain.

10-KFY2020
§ V·SE-Cluster Issuer Brief

Market context.

Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.

Primary market

Healthcare

Market spend (2023–2025)
$195B
Market spend (2020–2022)
$253.6B
Recent vs prior
−23%
Issuer rank in market
N/A
Share of market capital
0.0%

Valuation positioning

N/AEV / EBITDA

COSM trades at a -14.3-turn discount to the Healthcare peer median of 12.9×.

EV / Revenue
0.3×
Net debt / EBITDA
N/A
Peer median EV / EBITDA
12.9×

Trading comparables

FMP market data · 2026-05-10

CompanyEV / EBITDAEV / RevNet debt / EBITDARevenueM&A 2023–2025
23.4×6.7×3.1×$62.8B$18B
17.2×0.9×1.9×$449.7B$28.1B
12.9×6.0×2.6×$37.2B$26.7B
11.7×0.5×2.5×$200.4B$6.4B
9.3×1.9×2.8×$76.4B$1.3B

Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Healthcare. Bars scaled to the highest EV/EBITDA in the set.

§ VI·SE-Cluster Issuer Brief

Target landscape.

Public-issuer targets that fit this buyer's archetype and target categories from filing-derived signal. Scores reflect cross-signal fit; reasons cite the EDGAR-anchored facts that drove the match.

No qualifying public-issuer targets surfaced from the current signal mix.

Stated target categories

No target categories enumerated in the audited corpus for this issuer.

§ VII·SE-Cluster Issuer Brief

Filing activity & signal stream.

Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.

Filing cadence

  • 10-K (annual)212026-04-15
  • 10-Q (quarterly)472025-11-14
  • 8-K (event)1532026-04-16
  • Proxy / DEF 14A62025-09-29
  • Activism (13D / DFAN / PREC)82023-07-25

Signals on file

  • elevated

    Activism on file

    2023-07-25

    8 activist filings on file (13D, DFAN14A, PREC14A series).

  • info

    Signal

    Serial acquisition history

  • info

    Signal

    10-K strategy themes

§ VIII·SE-Cluster Issuer Brief

Audited corpus.

No audited record on file for this CIK in the current v6 corpus.

This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.