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Complete financial analysis of Alvotech (ALVO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Alvotech, a leading company in the Drug Manufacturers – Specialty & Generic industry within the Healthcare sector.
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Alvotech (ALVO)
Industry: Drug Manufacturers - Specialty & Generic
Sector: Healthcare
Website: https://www.alvotech.com
About Alvotech
Alvotech, through its subsidiaries, develops and manufactures biosimilar medicines for patients worldwide. It offers biosimilar products in the therapeutic areas of autoimmune, eye, and bone disorders, as well as cancer. The company's lead program is AVT02, a high concentration formulation biosimilar to Humira to treat various inflammatory conditions, including rheumatoid arthritis, psoriatic arthritis, Crohn's disease, ulcerative colitis, plaque psoriasis, and other indications; AVT04, a biosimilar to Stelara to treat various inflammatory conditions comprising psoriatic arthritis, Crohn's disease, ulcerative colitis, plaque psoriasis, and other indications; AVT06, a biosimilar to Eylea to treat various conditions, such as age-related macular degeneration, macular edema, and diabetic retinopathy; and AVT03, a biosimilar to Xgeva and Prolia, which is in the pre-clinical phase to treat prevent bone fracture, spinal cord compression, and the need for radiation or bone surgery in patients with certain types of cancer, as well as prevent bone loss and increase bone mass. It also offers AVT05, a biosimilar to Simponi and Simponi Aria, which is in early phase development to treat various inflammatory conditions, including rheumatoid arthritis, psoriatic arthritis, ulcerative colitis, and other indications; AVT16, a biosimilar to an immunology product; AVT23, a biosimilar to Xolair, which is in late-stage development to treat nasal polyps; and AVT33, a biosimilar to an oncology product. The company was founded in 2013 and is headquartered in Reykjavik, Iceland.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 91.43M | 83.03M | 36.77M | 66.62M | 31.92M |
| Cost of Revenue | 160.86M | 64.10M | 0.00 | 0.00 | 0.00 |
| Gross Profit | -69.42M | 18.93M | 36.77M | 66.62M | 31.92M |
| Gross Profit Ratio | -75.93% | 22.80% | 100.00% | 100.00% | 100.00% |
| Research & Development | 210.83M | 180.62M | 191.01M | 148.07M | 95.56M |
| General & Administrative | 76.56M | 186.74M | 84.13M | 58.91M | 48.57M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 76.56M | 186.74M | 84.13M | 58.91M | 48.57M |
| Other Expenses | -1.95M | -1.99M | -2.91M | -2.83M | -50.76M |
| Operating Expenses | 285.44M | 365.38M | 272.23M | 204.15M | 93.37M |
| Cost & Expenses | 446.46M | 429.47M | 272.23M | 204.15M | 93.37M |
| Interest Income | 4.82M | 2.55M | 51.57M | 215.00K | 1.74M |
| Interest Expense | 134.82M | 188.42M | 117.36M | 97.47M | 95.76M |
| Depreciation & Amortization | 24.21M | 20.41M | 18.20M | 16.42M | 14.61M |
| EBITDA | -484.86M | -439.80M | 3.99M | -125.67M | -99.02M |
| EBITDA Ratio | -530.29% | -392.72% | -457.17% | -188.65% | -150.74% |
| Operating Income | -354.86M | -346.44M | -235.46M | -137.54M | -61.45M |
| Operating Income Ratio | -388.11% | -417.25% | -640.31% | -206.46% | -192.52% |
| Total Other Income/Expenses | -296.19M | -205.21M | 86.26M | -154.23M | -147.94M |
| Income Before Tax | -651.05M | -551.65M | -149.20M | -291.77M | -209.39M |
| Income Before Tax Ratio | -712.04% | -664.40% | -405.74% | -437.99% | -656.01% |
| Income Tax Expense | -99.32M | -38.07M | -47.69M | -121.73M | 491.00K |
| Net Income | -551.73M | -513.58M | -101.50M | -170.04M | -209.88M |
| Net Income Ratio | -603.42% | -618.55% | -276.04% | -255.26% | -657.55% |
| EPS | -2.43 | -2.60 | -3.25 | -5.44 | -0.86 |
| EPS Diluted | -2.43 | -2.60 | -3.25 | -5.44 | -0.86 |
| Weighted Avg Shares Out | 227.26M | 197.72M | 31.25M | 31.25M | 243.65M |
| Weighted Avg Shares Out (Dil) | 227.26M | 197.72M | 31.25M | 31.25M | 243.65M |
Alvotech's Position In The Coming Biosimilar Gold Rush
Alvotech (ALVO) Q3 2024 Earnings Call Transcript
Alvotech (ALVO) Q3 Earnings and Revenues Beat Estimates
Alvotech Attending Citi's Global Healthcare Conference on December 4, 2024, and Evercore's HealthCONx Conference on December 5, 2024
Alvotech Attending Citi's Global Healthcare Conference on December 4, 2024, and Evercore's HealthCONx Conference on December 5, 2024
European Medicines Agency Confirms Acceptance of Marketing Authorization Application for AVT05, a Proposed Biosimilar to Simponi® (golimumab)
European Medicines Agency Confirms Acceptance of Marketing Authorization Application for AVT05, a Proposed Biosimilar to Simponi® (golimumab)
Alvotech Meeting Investors and Presenting at the Jefferies 2024 London Healthcare Conference on November 19–20, 2024
Alvotech Meeting Investors and Presenting at the Jefferies 2024 London Healthcare Conference on November 19–20, 2024
Alvotech and Teva Announce U.S. FDA Approval of Additional Presentation of SELARSDI™ (ustekinumab-aekn), Expanding its Label to Include Further Indications Approved for Reference Product, Stelara® (ustekinumab)
Source: https://incomestatements.info
Category: Stock Reports