Financial Snapshot

Revenue
$393.9M
TTM
Gross Margin
45.61%
TTM
Net Earnings
-$441.5M
TTM
Current Assets
$432.6M
Q3 2024
Current Liabilities
$160.5M
Q3 2024
Current Ratio
269.45%
Q3 2024
Total Assets
$1.233B
Q3 2024
Total Liabilities
$1.577B
Q3 2024
Book Value
-$343.7M
Q3 2024
Cash
$118.3M
Q3 2024
P/E
-7.854
Nov 29, 2024 EST
Free Cash Flow
-$301.2M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $93.38M $85.02M $39.68M $69.45M $82.68M
YoY Change 9.84% 114.26% -42.87% -16.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $93.38M $85.02M $39.68M $69.45M $82.68M
Cost Of Revenue $160.9M $64.10M
Gross Profit -$67.47M $20.92M
Gross Profit Margin -72.26% 24.61%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $73.04M $183.4M $81.62M $56.71M $41.76M
YoY Change -60.17% 124.69% 43.93% 35.8%
% of Gross Profit 876.53%
Research & Development $210.8M $180.6M $169.2M $131.7M $87.76M
YoY Change 16.72% 6.73% 28.49% 50.08%
% of Gross Profit 863.31%
Depreciation & Amortization $24.21M $20.41M $18.20M $16.42M $14.61M
YoY Change 18.62% 12.14% 10.84% 12.39%
% of Gross Profit 97.55%
Operating Expenses $210.8M $180.6M $275.1M $207.0M $144.1M
YoY Change 16.72% -34.35% 32.92% 43.62%
Operating Profit -$278.3M -$159.7M
YoY Change 74.26%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense -$273.0M -$163.9M -$63.94M -$151.0M -$145.1M
YoY Change 66.54% 156.38% -57.65% 4.03%
% of Operating Profit
Other Income/Expense, Net -$1.657M -$13.96M -$1.590M -$3.260M -$2.820M
YoY Change -88.13% 778.24% -51.23% 15.6%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$651.0M -$551.6M -$149.2M -$291.8M -$209.4M
YoY Change 18.02% 269.74% -48.86% 39.34%
Income Tax -$99.32M -$38.07M -$47.69M -$121.7M $490.0K
% Of Pretax Income
Net Earnings -$551.7M -$513.6M -$101.5M -$170.0M -$209.9M
YoY Change 7.43% 405.99% -40.31% -18.98%
Net Earnings / Revenue -590.83% -604.09% -255.8% -244.84% -253.85%
Basic Earnings Per Share
Diluted Earnings Per Share -$2.43 -$2.60 -$3.248M -$5.441M -$6.716M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $11.16M $66.43M $17.60M $31.70M
YoY Change -83.2% 277.43% -44.48%
Cash & Equivalents $11.16M $66.43M $17.60M $31.70M
Short-Term Investments
Other Short-Term Assets $22.04M $21.45M $9.300M $5.900M
YoY Change 2.72% 130.67% 57.63%
Inventory $74.43M $71.47M $39.10M $9.600M
Prepaid Expenses
Receivables $76.49M $58.34M $47.40M $33.10M
Other Receivables $10.73M $13.05M $6.500M $5.800M
Total Short-Term Assets $194.8M $230.7M $119.8M $86.20M
YoY Change -15.56% 92.6% 38.98%
Property, Plant & Equipment $356.6M $268.1M $205.3M $177.0M
YoY Change 33.01% 30.59% 15.99%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $18.49M $48.57M $55.30M $56.70M
YoY Change -61.92% -12.17% -2.47%
Other Assets $338.2M $240.5M $182.2M $132.7M
YoY Change 40.64% 31.98% 37.3%
Total Long-Term Assets $755.2M $597.7M $478.2M $388.2M
YoY Change 26.36% 24.99% 23.18%
Total Assets $950.1M $828.4M $598.0M $474.4M
YoY Change
Accounts Payable $80.56M $49.19M $28.60M $12.00M
YoY Change 63.79% 71.99% 138.33%
Accrued Expenses $62.72M $54.05M $42.00M $16.40M
YoY Change 16.05% 28.68% 156.1%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $47.71M $25.08M $10.10M $8.000M
YoY Change 90.23% 148.31% 26.25%
Total Short-Term Liabilities $261.0M $167.3M $111.8M $51.00M
YoY Change 55.98% 49.64% 119.22%
Long-Term Debt $1.028B $780.0M $513.0M $668.9M
YoY Change 31.76% 52.05% -23.31%
Other Long-Term Liabilities $593.8M $445.2M $108.6M $621.6M
YoY Change 33.37% 309.98% -82.53%
Total Long-Term Liabilities $1.622B $1.225B $621.6M $1.291B
YoY Change 32.35% 97.11% -51.83%
Total Liabilities $1.883B $1.393B $733.6M $1.342B
YoY Change 35.16% 89.87% -45.32%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $3.467 Billion

About Alvotech

Alvotech operates as a global biopharmaceutical company, which engages in developing and manufacturing biosimilar medicines. The firm is focused on the development and manufacture of biosimilar medicines for patients globally. The company is engaged in developing a pipeline of monoclonal antibodies that target a variety of therapeutic areas including inflammatory diseases, oncology, and ophthalmology. The Company’s pipeline contains eight biosimilar candidates aimed at treating autoimmune disorders, eye disorders, osteoporosis, respiratory disease, and cancer. Its products pipeline includes AVT02, AVT04, AVT23, AVT03, AVT05, AVT06, AVT16, and AVT33. Its AVT02 is a monoclonal antibody and a biosimilar to Humira (adalimumab). AVT04 is a monoclonal antibody and a biosimilar candidate to Stelara (ustekinumab). The company has formed a network of strategic commercial partnerships to provide global reach and leverage expertise in markets that include the United States (U.S.), Europe, Japan, China, and other Asian countries and large parts of South America, Africa, and the Middle East.

Industry: Biological Products, (No Diagnostic Substances) Peers: