See more : WuXi Biologics (Cayman) Inc. (WXXWY) Income Statement Analysis – Financial Results
Complete financial analysis of Frontage Holdings Corporation (FGHQF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Frontage Holdings Corporation, a leading company in the Biotechnology industry within the Healthcare sector.
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Frontage Holdings Corporation (FGHQF)
About Frontage Holdings Corporation
Frontage Holdings Corporation, a contract research organization, provides laboratory and related services to pharmaceutical, biotechnology, and agrochemical companies, as well as bioequivalence studies. It offers laboratory testing services, such as method development and validation, and sample analysis and central laboratory services; chemistry, manufacturing, and control services, including assistance in drug product development and analysis, and delivery and supply of clinical trial materials; and drug metabolism and pharmacokinetic services that include study designs, execution of studies, and interpretation of the data through structural optimization in early discovery, pharmacokinetic studies in rodents, non- GLP bioanalytical studies, etc. The company also provides safety and toxicology services comprising in-vitro and in-vivo studies; bioequivalence services, which consist of designing, coordinating, and reporting of bioequivalence studies; chemistry services comprising contract research and custom synthesis services; and clinical services, such as early stage clinical, BE/BA, biometric, and data management services. It operates in the United States, the People's Republic of China, Europe, India, Japan, South Korea, and Australia. The company was incorporated in 2018 and is headquartered in Exton, Pennsylvania. Frontage Holdings Corporation is a subsidiary of Hongkong Tigermed Co., Limited.
Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Revenue | 259.86M | 250.96M | 183.83M | 125.85M | 100.97M |
Cost of Revenue | 181.46M | 161.55M | 117.35M | 84.35M | 63.48M |
Gross Profit | 78.39M | 89.41M | 66.48M | 41.50M | 37.50M |
Gross Profit Ratio | 30.17% | 35.63% | 36.16% | 32.97% | 37.14% |
Research & Development | 6.04M | 3.89M | 2.43M | 1.84M | 1.54M |
General & Administrative | 44.55M | 44.43M | 32.72M | 18.83M | 17.93M |
Selling & Marketing | 8.18M | 7.20M | 5.72M | 5.07M | 3.86M |
SG&A | 52.73M | 52.35M | 38.83M | 23.98M | 20.35M |
Other Expenses | 0.00 | -244.00K | -1.85M | 47.00K | 1.95M |
Operating Expenses | 58.19M | 56.25M | 41.26M | 25.82M | 21.89M |
Cost & Expenses | 239.65M | 217.80M | 158.61M | 110.17M | 85.36M |
Interest Income | 1.76M | 499.19K | 1.88M | 4.14M | 3.29M |
Interest Expense | 7.07M | 3.96M | 2.57M | 2.20M | 1.24M |
Depreciation & Amortization | 35.66M | 29.94M | 23.83M | 12.33M | 7.55M |
EBITDA | 55.36M | 63.10M | 49.05M | 28.01M | 23.17M |
EBITDA Ratio | 21.30% | 25.14% | 26.68% | 22.26% | 22.94% |
Operating Income | 20.21M | 33.16M | 25.22M | 15.68M | 15.61M |
Operating Income Ratio | 7.78% | 13.21% | 13.72% | 12.46% | 15.46% |
Total Other Income/Expenses | -5.63M | 2.76M | -154.77K | 3.92M | 5.37M |
Income Before Tax | 14.58M | 35.92M | 24.97M | 19.60M | 20.98M |
Income Before Tax Ratio | 5.61% | 14.31% | 13.59% | 15.57% | 20.78% |
Income Tax Expense | 3.85M | 10.22M | 6.12M | 2.11M | 2.44M |
Net Income | 10.81M | 25.74M | 18.43M | 17.15M | 18.42M |
Net Income Ratio | 4.16% | 10.25% | 10.02% | 13.63% | 18.25% |
EPS | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
EPS Diluted | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Weighted Avg Shares Out | 2.04B | 2.05B | 2.05B | 2.01B | 1.80B |
Weighted Avg Shares Out (Dil) | 2.07B | 2.08B | 2.12B | 2.08B | 1.86B |
Source: https://incomestatements.info
Category: Stock Reports