Financial Snapshot

Revenue
$24.99M
TTM
Gross Margin
42.38%
TTM
Net Earnings
-$65.24M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
76.24%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
-$64.34M
Q2 2024
Cash
Q2 2024
P/E
-2.015
Sep 18, 2024 EST
Free Cash Flow
-$21.22M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $24.75M $49.19M $47.39M $42.68M $42.90M $39.04M
YoY Change -49.69% 3.79% 11.03% -0.51% 9.89%

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 2018
Revenue $24.75M $49.19M $47.39M $42.68M $42.90M $39.04M
Cost Of Revenue $13.69M $29.97M $28.37M $22.12M $23.13M $23.09M
Gross Profit $11.05M $19.22M $19.02M $20.56M $19.77M $15.95M
Gross Profit Margin 44.67% 39.08% 40.14% 48.17% 46.08% 40.86%

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 2018
Selling, General & Admin $27.19M $36.82M $32.79M $28.21M $25.78M $21.69M
YoY Change -26.16% 12.3% 16.24% 9.41% 18.86%
% of Gross Profit 246.01% 191.56% 172.37% 137.18% 130.4% 135.99%
Research & Development $4.399M $8.940M $9.266M $5.954M $2.400M $2.480M
YoY Change -50.79% -3.52% 55.63% 148.08% -3.23%
% of Gross Profit 39.8% 46.51% 48.71% 28.96% 12.14% 15.55%
Depreciation & Amortization $3.748M $3.733M $3.730M $3.864M $3.860M $3.820M
YoY Change 0.4% 0.08% -3.47% 0.1% 1.05%
% of Gross Profit 33.91% 19.42% 19.61% 18.79% 19.52% 23.95%
Operating Expenses $41.58M $50.96M $42.05M $34.16M $28.18M $24.17M
YoY Change -18.41% 21.18% 23.11% 21.22% 16.59%
Operating Profit -$30.53M -$31.74M -$23.03M -$13.60M -$8.410M -$8.220M
YoY Change -3.82% 37.81% 69.37% 61.7% 2.31%

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 2018
Interest Expense $5.796M $5.282M $5.324M $5.633M -$5.380M -$5.520M
YoY Change 9.73% -0.79% -5.49% -204.7% -2.54%
% of Operating Profit
Other Income/Expense, Net -$4.899M $4.159M $3.579M -$2.567M $1.880M $700.0K
YoY Change -217.79% 16.21% -239.42% -236.54% 168.57%

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 2018
Pretax Income -$41.22M -$32.86M -$24.78M -$21.80M -$11.91M -$11.54M
YoY Change 25.43% 32.64% 13.66% 83.03% 3.21%
Income Tax $28.00K $34.00K $55.00K $26.00K $30.00K $30.00K
% Of Pretax Income
Net Earnings -$37.70M -$32.90M -$24.83M -$21.83M -$11.94M -$11.57M
YoY Change 14.59% 32.49% 13.78% 82.79% 3.2%
Net Earnings / Revenue -152.35% -66.89% -52.4% -51.13% -27.83% -29.64%
Basic Earnings Per Share -$2.07 -$2.38 -$2.38 -$8.88
Diluted Earnings Per Share -$2.07 -$2.38 -$2.38 -$8.88 -$1.167M -$1.131M

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 2018
Cash & Short-Term Investments $19.28M $16.99M $30.39M $39.15M $2.480M $2.370M
YoY Change 13.46% -44.1% -22.37% 1478.63% 4.64%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $2.165M $3.015M $1.485M $3.270M $1.550M $1.110M
YoY Change -28.19% 103.03% -54.59% 110.97% 39.64%
Inventory $3.853M $10.05M $9.554M $10.12M $7.190M $7.460M
Prepaid Expenses
Receivables $3.263M $6.830M $5.996M $7.170M $7.230M $7.200M
Other Receivables $2.696M $13.81M $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $31.25M $50.70M $47.43M $59.71M $18.45M $18.14M
YoY Change -38.36% 6.9% -20.57% 223.63% 1.71%
Property, Plant & Equipment $172.0K $1.403M $1.200M $1.160M $990.0K $870.0K
YoY Change -87.74% 16.92% 3.45% 17.17% 13.79%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $332.0K $1.670M $76.00K $80.00K $80.00K $80.00K
YoY Change -80.12% 2097.37% -5.0% 0.0% 0.0%
Total Long-Term Assets $12.18M $18.14M $19.74M $23.10M $26.32M $29.60M
YoY Change -32.89% -8.1% -14.54% -12.23% -11.08%
Total Assets $43.43M $68.84M $67.17M $82.81M $44.77M $47.74M
YoY Change
Accounts Payable $2.285M $2.328M $1.582M $2.050M $2.490M $1.590M
YoY Change -1.85% 47.16% -22.83% -17.67% 56.6%
Accrued Expenses $9.760M $10.79M $6.375M $6.320M $3.980M $4.640M
YoY Change -9.5% 69.18% 0.87% 58.79% -14.22%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $4.763M $6.510M $0.00 $0.00
YoY Change -100.0% -26.84%
Long-Term Debt Due $3.321M $0.00 $8.059M $6.310M $5.920M $3.000M
YoY Change -100.0% 27.72% 6.59% 97.33%
Total Short-Term Liabilities $43.04M $42.62M $26.00M $26.78M $18.27M $13.35M
YoY Change 0.99% 63.9% -2.91% 46.58% 36.85%
Long-Term Debt $20.36M $24.26M $10.41M $17.81M $19.86M $16.71M
YoY Change -16.09% 133.05% -41.55% -10.32% 18.85%
Other Long-Term Liabilities $18.64M $6.999M $17.24M $17.39M $17.30M $19.69M
YoY Change 166.25% -59.4% -0.87% 0.52% -12.14%
Total Long-Term Liabilities $38.99M $31.26M $27.65M $35.20M $37.16M $36.40M
YoY Change 24.74% 13.06% -21.45% -5.27% 2.09%
Total Liabilities $82.03M $73.87M $53.65M $61.98M $55.43M $49.74M
YoY Change 11.04% 37.7% -13.44% 11.82% 11.44%

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 2018
Basic Shares Outstanding 18.16M 13.83M 10.44M 2.853M
Diluted Shares Outstanding 18.16M 13.83M 10.44M 2.853M
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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Dividends

Dividends

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Stock Price

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Market Cap: $131.47 Million

About Elutia Inc

Elutia, Inc. operates as a biotechnology company. The company is headquartered in Silver Spring, Maryland and currently employs 54 full-time employees. The company went IPO on 2020-10-08. Its portfolio of products spans the Device Protection, Women’s Health and Cardiovascular markets. These products are primarily sold to healthcare providers or commercial partners. In Device Protection, it sells CanGaroo, a biological envelope, that is indicated for use with implantable electronic devices, including cardiac and neurostimulator devices. In Women’s Health, it has developed both patented and proprietary technologies, culminating in the creation of SimpliDerm, a biological matrix designed to leverage the inherent science of natural healing processes. In Cardiovascular, it sells its specialized porcine small intestine submucosa, which is also the tissue used to make CanGaroo, for use as an intracardiac and vascular patch, as well as for pericardial reconstruction. In addition, its TYKE product is designed for use in the neonatal patient population.

Industry: Biological Products, (No Diagnostic Substances) Peers: Adverum Biotechnologies Inc Bioxytran Inc Candel Therapeutics Inc CytomX Therapeutics Inc Galectin Therapeutics Inc Immunic Inc OncoCyte Corp vTv Therapeutics Inc