Fortress Biotech, Inc. engages in the manufacture and commercialization of novel pharmaceutical products and product candidates. The company is headquartered in Bay Harbor Islands, Florida and currently employs 101 full-time employees. The company went IPO on 2011-11-17. The firm has eight marketed prescription pharmaceutical products and over 20 programs in development, with its majority-owned and majority-controlled partners and subsidiaries and partners and subsidiaries it founded and in which it holds significant minority ownership positions. Its portfolio is being commercialized and developed for various therapeutic areas, including oncology, dermatology, and rare diseases. Its dermatology products include Emrosi, Qbrexza, Amzeeq, Zilxi, Exelderm, Targadox, and Luxamend. Its late-stage product candidates include CUTX-101 (copper histidinate injection for Menkes disease), Triplex (cytomegalovirus (CMV) vaccine), and CAEL-101 (monoclonal antibody for AL amyloidosis). Its early and mid-stage product candidates include Dotinurad (urate transporter (URAT1) inhibitor for gout), MB-101 (IL13Rα2 CAR T Cell Program for Glioblastoma), and others.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenue
62
57
84
75
68
45
Revenue Growth (YoY)
0%
-32%
12%
10%
51%
25%
Cost of Revenue
17
20
26
30
32
14
Gross Profit
44
36
57
44
36
31
Selling, General & Admin
108
87
91
113
86
61
Research & Development
22
56
106
134
128
64
Operating Expenses
106
148
197
248
215
125
Other Non Operating Income (Expenses)
17
1
4
1
--
--
Pretax Income
-53
-120
-153
-213
-164
-102
Income Tax Expense
0
0
0
0
0
0
Net Income
-5
-55
-68
-86
-64
-46
Net Income Growth
-91%
-19%
-21%
34%
39%
18%
Shares Outstanding (Diluted)
33.1
20.78
8.11
5.93
5.45
4.8
Shares Change (YoY)
68%
156%
37%
9%
14%
32%
EPS (Diluted)
-0.16
-2.68
-8.46
-14.61
-11.88
-9.69
EPS Growth
-95%
-68%
-42%
23%
23%
-12%
Free Cash Flow
-66
-95
-133
-182
-121
-86
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
70.96%
63.15%
67.85%
58.66%
52.94%
68.88%
Operating Margin
-100%
-194.73%
-165.47%
-270.66%
-263.23%
-208.88%
Profit Margin
-8.06%
-96.49%
-80.95%
-114.66%
-94.11%
-102.22%
Free Cash Flow Margin
-106.45%
-166.66%
-158.33%
-242.66%
-177.94%
-191.11%
EBITDA
-58
-107
-134
-196
-174
-91
EBITDA Margin
-93.54%
-187.71%
-159.52%
-261.33%
-255.88%
-202.22%
D&A For EBITDA
4
4
5
7
5
3
EBIT
-62
-111
-139
-203
-179
-94
EBIT Margin
-100%
-194.73%
-165.47%
-270.66%
-263.23%
-208.88%
Effective Tax Rate
0%
0%
0%
0%
0%
0%
Follow-Up Questions
What are Fortress Biotech Inc's key financial statements?
According to the latest financial statement (Form-10K), Fortress Biotech Inc has a total asset of $144, Net loss of $-55
What are the key financial ratios for FBIOP?
Fortress Biotech Inc's Current ratio is 1.19, has a Net margin is -96.49, sales per share of $2.74.
How is Fortress Biotech Inc's revenue broken down by segment or geography?
Fortress Biotech Inc largest revenue segment is Journey, at a revenue of 56,134,000 in the most earnings release.For geography, United States is the primary market for Fortress Biotech Inc, at a revenue of 57,675,000.
Is Fortress Biotech Inc profitable?
no, according to the latest financial statements, Fortress Biotech Inc has a net loss of $-55
Does Fortress Biotech Inc have any liabilities?
yes, Fortress Biotech Inc has liability of 121
How many outstanding shares for Fortress Biotech Inc?
Fortress Biotech Inc has a total outstanding shares of 27.9