Financial Snapshot

Revenue
$57.77M
TTM
Gross Margin
57.03%
TTM
Net Earnings
-$18.34M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
138.49%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$10.93M
Q3 2024
Cash
Q3 2024
P/E
-6.369
Nov 29, 2024 EST
Free Cash Flow
-$26.72M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $79.18M $73.67M $63.13M $44.53M $34.92M
YoY Change 7.48% 16.69% 41.78% 27.52%

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 $79.18M $73.67M $63.13M $44.53M $34.92M
Cost Of Revenue $26.66M $30.78M $32.08M $14.59M $10.53M
Gross Profit $52.52M $42.89M $31.05M $29.94M $24.39M
Gross Profit Margin 66.33% 58.23% 49.18% 67.23% 69.85%

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 $43.91M $59.47M $39.83M $22.09M $19.13M
YoY Change -26.16% 49.29% 80.35% 15.45%
% of Gross Profit 83.6% 138.64% 128.29% 73.77% 78.43%
Research & Development $7.541M $10.94M $2.739M
YoY Change -31.09% 299.53%
% of Gross Profit 14.36% 25.51% 8.82%
Depreciation & Amortization $3.767M $4.277M $0.00 $5.000K $1.270M
YoY Change -11.92% -100.0% -99.61%
% of Gross Profit 7.17% 9.97% 0.0% 0.02% 5.21%
Operating Expenses $51.45M $70.41M $42.57M $22.09M $19.13M
YoY Change -26.93% 65.39% 92.76% 15.45%
Operating Profit $1.070M -$27.52M -$34.88M $7.851M $5.260M
YoY Change -103.89% -21.11% -544.29% 49.26%

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 -$1.559M $2.019M $7.034M $698.0K -$260.0K
YoY Change -177.22% -71.3% 907.74% -368.46%
% of Operating Profit -145.7% 8.89% -4.94%
Other Income/Expense, Net -$1.559M -$2.048M -$7.479M -$698.0K
YoY Change -23.88% -72.62% 971.49%

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 -$3.632M -$29.57M -$42.36M $7.153M $5.000M
YoY Change -87.72% -30.21% -692.2% 43.06%
Income Tax $221.0K $63.00K $1.634M $1.870M $1.380M
% Of Pretax Income 26.14% 27.6%
Net Earnings -$3.853M -$29.63M -$43.99M $5.283M $3.630M
YoY Change -87.0% -32.65% -932.75% 45.54%
Net Earnings / Revenue -4.87% -40.22% -69.68% 11.86% 10.4%
Basic Earnings Per Share -$0.21 -$1.69 -$4.32 $0.58
Diluted Earnings Per Share -$0.21 -$1.69 -$4.32 $0.49 $220.8K

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 $27.44M $32.00M $49.08M $8.250M $4.800M
YoY Change -14.26% -34.79% 494.91% 71.88%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $3.588M $3.309M $2.440M $1.660M $660.0K
YoY Change 8.43% 35.61% 46.99% 151.52%
Inventory $10.21M $14.16M $9.860M $1.400M $860.0K
Prepaid Expenses
Receivables $15.22M $28.21M $23.11M $23.93M $18.96M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $56.46M $77.68M $84.49M $35.24M $25.27M
YoY Change -27.32% -8.06% 139.76% 39.45%
Property, Plant & Equipment $101.0K $189.0K $90.00K $180.0K $90.00K
YoY Change -46.56% 110.0% -50.0% 100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.000K $95.00K $150.0K $1.460M $1.130M
YoY Change -93.68% -36.67% -89.73% 29.2%
Total Long-Term Assets $20.39M $27.48M $12.79M $16.67M $8.590M
YoY Change -25.79% 114.86% -23.28% 94.06%
Total Assets $76.85M $105.2M $97.28M $51.91M $33.86M
YoY Change
Accounts Payable $18.34M $36.98M $23.40M $1.960M $2.110M
YoY Change -50.4% 58.05% 1093.88% -7.11%
Accrued Expenses $20.47M $19.63M $22.88M $21.58M $18.79M
YoY Change 4.28% -14.2% 6.02% 14.85%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $5.320M $4.520M $0.00
YoY Change -100.0% 17.7%
Long-Term Debt Due $3.000M $5.192M $5.300M $4.500M $0.00
YoY Change -42.22% -2.04% 17.78%
Total Short-Term Liabilities $41.87M $66.83M $51.61M $28.06M $20.90M
YoY Change -37.35% 29.49% 83.93% 34.26%
Long-Term Debt $14.62M $21.24M $3.630M $13.36M $10.21M
YoY Change -31.15% 485.07% -72.83% 30.85%
Other Long-Term Liabilities $9.000K $108.0K $10.00K $200.0K $0.00
YoY Change -91.67% 980.0% -95.0%
Total Long-Term Liabilities $14.63M $21.35M $3.640M $13.56M $10.21M
YoY Change -31.46% 486.43% -73.16% 32.81%
Total Liabilities $56.50M $88.18M $55.24M $41.61M $31.11M
YoY Change -35.93% 59.63% 32.76% 33.75%

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 18.23M 17.53M 10.19M 9.136M
Diluted Shares Outstanding 17.53M 10.19M 10.84M
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: $116.77 Million

About Journey Medical Corp

Journey Medical Corp. is a commercial-stage pharmaceutical company, which focuses on the development and commercialization of pharmaceutical products for the treatment of dermatological conditions. The company is headquartered in Scottsdale, Arizona and currently employs 58 full-time employees. The company went IPO on 2021-11-12. The firm is focused on the development and commercialization of pharmaceutical products for the treatment of dermatological conditions. Its portfolio includes seven branded and two authorized generic prescription drugs for dermatological conditions that are marketed in the United States. Its marketed products, which have been approved by the United States Food and Drug Administration (FDA) for sale, include Qbrexza, Accutane, Amzeeq, Zilxi, Exelderm Cream and Solution, Targadox and Luxamend. The company sells two authorized generic products, including sulconazole nitrate cream and solution and doxycycline hyclate immediate release 50mg tablets. Qbrexza is a medicated cloth towelette for the treatment of primary axillary hyperhidrosis. Accutane is an oral isotretinoin drug for the treatment of severe recalcitrant nodular acne. Targadox is an oral doxycycline drug for adjunctive therapy for severe acne.

Industry: Pharmaceutical Preparations Peers: 9 METERS BIOPHARMA, INC. DMK PHARMACEUTICALS Corp Akari Therapeutics Plc NRX Pharmaceuticals, Inc. Opus Genetics, Inc. Eton Pharmaceuticals, Inc. JOHNSON & JOHNSON OPIANT PHARMACEUTICALS, INC.