Financial Snapshot

Revenue
$169.1M
TTM
Gross Margin
72.1%
TTM
Net Earnings
-$33.41M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
154.79%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$57.62M
Q3 2024
Cash
Q3 2024
P/E
-40.60
Nov 29, 2024 EST
Free Cash Flow
$3.048M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Revenue $130.2M $88.60M $72.48M $48.87M $51.17M $41.37M $26.77M $19.94M $9.720M $1.660M $10.00K $100.0K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 46.95% 22.24% 48.3% -4.49% 23.69% 54.54% 34.25% 105.14% 485.54% 16500.0% -90.0%

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 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Revenue $130.2M $88.60M $72.48M $48.87M $51.17M $41.37M $26.77M $19.94M $9.720M $1.660M $10.00K $100.0K $0.00 $0.00 $0.00 $0.00 $0.00
Cost Of Revenue $39.64M $25.38M $18.21M $14.46M $16.75M $16.52M $13.51M $9.830M $5.210M $1.090M
Gross Profit $90.55M $63.21M $54.26M $34.41M $34.42M $24.85M $13.27M $10.11M $4.510M $570.0K
Gross Profit Margin 69.55% 71.35% 74.87% 70.41% 67.27% 60.07% 49.57% 50.7% 46.4% 34.34%

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 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Selling, General & Admin $83.09M $58.24M $41.32M $31.25M $33.10M $29.24M $25.02M $24.95M $19.00M $10.48M $6.080M $2.980M $830.0K $2.310M $1.600M $1.760M $1.030M
YoY Change 42.66% 40.97% 32.21% -5.59% 13.2% 16.87% 0.28% 31.32% 81.3% 72.37% 104.03% 259.04% -64.07% 44.38% -9.09% 70.87% 139.53%
% of Gross Profit 91.76% 92.14% 76.14% 90.82% 96.17% 117.67% 188.55% 246.79% 421.29% 1838.6%
Research & Development $6.652M $3.050M $11.08M $2.410M $2.080M $830.0K $410.0K $740.0K $330.0K $240.0K $1.620M $1.300M $110.0K $190.0K $2.970M $1.990M $1.830M
YoY Change 118.1% -72.48% 359.92% 15.87% 150.6% 102.44% -44.59% 124.24% 37.5% -85.19% 24.62% 1081.82% -42.11% -93.6% 49.25% 8.74% 1120.0%
% of Gross Profit 7.35% 4.83% 20.43% 7.0% 6.04% 3.34% 3.09% 7.32% 7.32% 42.11%
Depreciation & Amortization $11.61M $3.055M $1.878M $2.050M $2.150M $1.850M $1.760M $1.410M $620.0K $90.00K $10.00K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 280.1% 62.67% -8.39% -4.65% 16.22% 5.11% 24.82% 127.42% 588.89% 800.0%
% of Gross Profit 12.82% 4.83% 3.46% 5.96% 6.25% 7.44% 13.26% 13.95% 13.75% 15.79%
Operating Expenses $90.12M $61.29M $52.40M $33.66M $35.18M $30.07M $25.43M $25.69M $19.33M $10.72M $7.700M $4.270M $940.0K $2.510M $4.560M $3.750M $2.860M
YoY Change 47.03% 16.97% 55.67% -4.32% 16.99% 18.25% -1.01% 32.9% 80.32% 39.22% 80.33% 354.26% -62.55% -44.96% 21.6% 31.12% 393.1%
Operating Profit $431.0K $1.919M $1.863M $750.0K -$760.0K -$5.220M -$12.16M -$15.58M -$14.82M -$10.15M
YoY Change -77.54% 3.01% 148.4% -198.68% -85.44% -57.07% -21.95% 5.13% 46.01%

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 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Interest Expense $21.32M $7.244M -$20.90M -$3.730M $4.050M $20.13M -$5.240M -$2.890M -$1.110M $30.00K $40.00K -$10.00K -$80.00K -$50.00K $10.00K $70.00K -$1.520M
YoY Change 194.37% -134.67% 460.21% -192.1% -79.88% -484.16% 81.31% 160.36% -3800.0% -25.0% -500.0% -87.5% 60.0% -600.0% -85.71% -104.61% 15100.0%
% of Operating Profit 4947.56% 377.49% -1121.63% -497.33%
Other Income/Expense, Net -$24.14M -$15.93M $47.00K $630.0K $1.540M $30.00K
YoY Change 51.54% -33993.62% 5033.33%

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 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Pretax Income -$23.71M -$14.01M -$17.87M -$3.420M -$130.0K $14.63M -$12.92M -$19.20M -$15.90M -$10.12M -$7.640M -$5.380M -$950.0K -$2.530M -$4.550M -$3.310M -$4.290M
YoY Change 69.22% -21.61% 422.63% 2530.77% -100.89% -213.24% -32.71% 20.75% 57.11% 32.46% 42.01% 466.32% -62.45% -44.4% 37.46% -22.84% 639.66%
Income Tax $701.0K $75.00K $133.0K $0.00 $0.00 $0.00 -$940.0K -$110.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$24.41M -$14.09M -$18.01M -$3.360M $170.0K $14.63M -$11.99M -$19.09M -$15.90M -$10.12M -$7.640M -$5.380M -$950.0K -$2.530M -$4.550M -$3.310M -$4.290M
YoY Change 73.3% -21.77% 435.92% -2076.47% -98.84% -222.02% -37.19% 20.06% 57.11% 32.46% 42.01% 466.32% -62.45% -44.4% 37.46% -22.84% 639.66%
Net Earnings / Revenue -18.75% -15.9% -24.85% -6.88% 0.33% 35.36% -44.79% -95.74% -163.58% -609.64% -76400.0% -5380.0%
Basic Earnings Per Share -$0.75 -$0.51 -$0.69
Diluted Earnings Per Share -$0.75 -$0.51 -$673.0K -$129.7K $6.422K $614.4K -$598.6K -$1.498M -$1.660M -$1.108M -$882.2K -$1.198M -$2.375M -$6.487M -$11.67M -$8.946M -$19.50M

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 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Cash & Short-Term Investments $82.77M $101.9M $50.67M $32.56M $29.95M $28.26M $4.020M $8.850M $2.690M $8.210M $15.58M $10.04M $150.0K $290.0K $1.590M $5.110M $3.710M
YoY Change -18.74% 101.02% 55.62% 8.71% 5.98% 602.99% -54.58% 229.0% -67.24% -47.3% 55.18% 6593.33% -48.28% -81.76% -68.88% 37.74%
Cash & Equivalents $74.09M $96.27M $42.17M $4.100M $4.750M $6.840M $4.020M $8.850M $2.690M $8.210M $15.58M $10.04M $150.0K $290.0K $1.590M $5.110M $3.710M
Short-Term Investments $8.681M $5.589M $8.503M $28.46M $25.20M $21.42M
Other Short-Term Assets $9.360M $3.611M $1.305M $950.0K $1.510M $840.0K $910.0K $1.140M $940.0K $390.0K $160.0K $660.0K $10.00K $60.00K $80.00K $220.0K $540.0K
YoY Change 159.21% 176.7% 37.37% -37.09% 79.76% -7.69% -20.18% 21.28% 141.03% 143.75% -75.76% 6500.0% -83.33% -25.0% -63.64% -59.26%
Inventory $10.87M $6.541M $4.217M $3.960M $3.300M $1.830M $2.250M $1.840M $1.410M $370.0K
Prepaid Expenses
Receivables $36.26M $6.249M $4.470M $2.660M $2.010M $1.910M $1.530M $2.920M $840.0K $80.00K
Other Receivables $228.0K $0.00 $0.00 $0.00 $0.00 $0.00 $90.00K $0.00 $0.00 $0.00
Total Short-Term Assets $139.5M $118.3M $60.66M $40.13M $36.77M $32.84M $8.810M $14.75M $5.870M $9.060M $15.73M $10.69M $160.0K $350.0K $1.670M $5.330M $4.240M
YoY Change 17.95% 94.95% 51.16% 9.14% 11.97% 272.76% -40.27% 151.28% -35.21% -42.4% 47.15% 6581.25% -54.29% -79.04% -68.67% 25.71%
Property, Plant & Equipment $10.31M $11.00M $9.076M $11.25M $11.93M $6.380M $6.220M $7.300M $2.660M $240.0K $30.00K $10.00K $0.00 $0.00 $0.00 $0.00
YoY Change -6.3% 21.19% -19.32% -5.7% 86.99% 2.57% -14.79% 174.44% 1008.33% 700.0% 200.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $11.13M $3.820M $7.720M $4.950M $3.510M
YoY Change -100.0% 191.44% -50.52% 55.96% 41.03%
Other Assets $1.950M
YoY Change
Total Long-Term Assets $172.7M $39.12M $37.67M $17.34M $22.32M $16.61M $15.11M $12.50M $8.260M $1.180M $30.00K $20.00K $0.00 $0.00 $0.00 $10.00K $0.00
YoY Change 341.44% 3.85% 117.23% -22.31% 34.38% 9.93% 20.88% 51.33% 600.0% 3833.33% 50.0% -100.0%
Total Assets $312.2M $157.4M $98.33M $57.47M $59.09M $49.45M $23.92M $27.25M $14.13M $10.24M $15.76M $10.71M $160.0K $350.0K $1.670M $5.340M $4.240M
YoY Change
Accounts Payable $21.48M $6.440M $5.174M $3.930M $7.700M $6.250M $3.890M $3.540M $3.410M $790.0K $260.0K $290.0K $60.00K $0.00 $680.0K $560.0K $700.0K
YoY Change 233.56% 24.47% 31.65% -48.96% 23.2% 60.67% 9.89% 3.81% 331.65% 203.85% -10.34% 383.33% -100.0% 21.43% -20.0%
Accrued Expenses $27.79M $12.08M $4.524M $2.900M $2.750M $2.280M $1.210M $1.640M $1.200M $720.0K $390.0K $420.0K $60.00K $180.0K $410.0K $210.0K $50.00K
YoY Change 130.05% 167.0% 56.0% 5.45% 20.61% 88.43% -26.22% 36.67% 66.67% 84.62% -7.14% 600.0% -66.67% -56.1% 95.24% 320.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $1.260M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $300.0K $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due $0.00 $8.000K $2.650M $1.780M $3.250M $600.0K $4.430M $500.0K $60.00K $0.00 $1.130M $0.00
YoY Change -100.0% -99.7% 48.88% -45.23% 441.67% -86.46% 786.0% 733.33% -100.0%
Total Short-Term Liabilities $49.34M $18.63M $9.722M $10.80M $12.28M $11.90M $5.770M $9.910M $5.370M $1.560M $650.0K $710.0K $1.860M $340.0K $1.090M $760.0K $750.0K
YoY Change 164.83% 91.65% -9.98% -12.05% 3.19% 106.24% -41.78% 84.54% 244.23% 140.0% -8.45% -61.83% 447.06% -68.81% 43.42% 1.33%
Long-Term Debt $183.2M $104.2M $71.66M $12.40M $12.25M $12.00M $14.73M $9.260M $8.340M $20.00K $0.00 $0.00 $0.00 $1.060M $0.00 $0.00 $0.00
YoY Change 75.83% 45.36% 477.94% 1.22% 2.08% -18.53% 59.07% 11.03% 41600.0% -100.0%
Other Long-Term Liabilities $9.237M $7.332M $6.012M $7.450M $7.140M $800.0K $800.0K $720.0K $760.0K $510.0K
YoY Change 25.98% 21.96% -19.3% 4.34% 792.5% 0.0% 11.11% -5.26% 49.02%
Total Long-Term Liabilities $192.4M $111.5M $77.68M $19.85M $19.39M $12.80M $15.53M $9.980M $9.100M $530.0K $0.00 $0.00 $0.00 $1.060M $0.00 $0.00 $0.00
YoY Change 72.55% 43.55% 291.31% 2.37% 51.48% -17.58% 55.61% 9.67% 1616.98% -100.0%
Total Liabilities $241.4M $129.8M $87.04M $30.29M $31.37M $24.70M $21.30M $20.82M $15.52M $2.090M $650.0K $710.0K $1.860M $1.390M $1.090M $760.0K $750.0K
YoY Change 86.0% 49.1% 187.37% -3.44% 27.0% 15.96% 2.31% 34.15% 642.58% 221.54% -8.45% -61.83% 33.81% 27.52% 43.42% 1.33%

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 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Basic Shares Outstanding 32.62M shares 27.46M shares 26.76M shares
Diluted Shares Outstanding 32.62M shares 27.46M shares
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: $1.3562 Billion

About HARROW, INC.

Harrow, Inc. engages in the development, production, and sale of innovative medications. The company is headquartered in Nashville, Tennessee and currently employs 315 full-time employees. The company went IPO on 2013-02-08. The firm is engaged in the discovery, development, and commercialization of ophthalmic pharmaceutical products for the United States market. The company provides a comprehensive portfolio of prescription and non-prescription pharmaceutical products. The company owns commercial rights to portfolios of branded ophthalmic pharmaceutical products in North America, all of which are marketed under the Harrow name. The company owns and operates ImprimisRx, an ophthalmology-focused pharmaceutical-compounding business. The company owns United States commercial rights to various products: IHEEZO, VEVYE, TRIESENCE, VIGAMOX, ILEVRO, FLAREX, NATACYN, ZERVIATE and others. VIGAMOX (moxifloxacin hydrochloride ophthalmic solution) 0.5%, a fluoroquinolone antibiotic eye drops for the treatment of bacterial conjunctivitis caused by susceptible strains of organisms. IHEEZO (chloroprocaine hydrochloride ophthalmic gel) 3% is a low-viscosity gel indicated for ocular surface anesthesia.

Industry: Pharmaceutical Preparations Peers: Bright Green Corp JOHNSON & JOHNSON ZEVRA THERAPEUTICS, INC. OMEROS CORP RVL Pharmaceuticals plc Rain Oncology Inc. Satsuma Pharmaceuticals, Inc. Terns Pharmaceuticals, Inc. Theseus Pharmaceuticals, Inc. Xeris Biopharma Holdings, Inc.