Financial Snapshot

Revenue
$61.44M
TTM
Gross Margin
90.59%
TTM
Net Earnings
-$174.3M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
1300.95%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$352.0M
Q3 2024
Cash
Q3 2024
P/E
-8.549
Nov 29, 2024 EST
Free Cash Flow
-$119.2M
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
Revenue $58.44M $51.49M $43.52M $17.40M $4.227M $1.990M $1.920M $1.890M $1.750M $772.0K $0.00 $10.00K
YoY Change 13.49% 18.32% 150.08% 311.71% 112.41% 3.65% 1.59% 8.0% 126.68% -100.0%

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
Revenue $58.44M $51.49M $43.52M $17.40M $4.227M $1.990M $1.920M $1.890M $1.750M $772.0K $0.00 $10.00K
Cost Of Revenue $5.281M $4.540M $4.406M $2.083M $2.325M $470.0K $460.0K $440.0K $319.0K $91.00K $0.00 $7.000K
Gross Profit $53.16M $46.95M $39.12M $15.32M $1.902M $1.530M $1.470M $1.440M $1.431M $681.0K $0.00 $3.000K
Gross Profit Margin 90.96% 91.18% 89.88% 88.03% 45.0% 76.88% 76.56% 76.19% 81.77% 88.21% 30.0%

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
Selling, General & Admin $74.49M $72.15M $67.07M $49.47M $46.61M $23.73M $32.51M $17.71M $13.02M $8.895M $2.386M $2.134M
YoY Change 3.25% 7.57% 35.57% 6.14% 96.43% -27.01% 83.57% 36.05% 46.34% 272.8% 11.81%
% of Gross Profit 140.12% 153.65% 171.46% 322.93% 2450.74% 1550.98% 2211.56% 1229.86% 909.64% 1306.17% 71133.33%
Research & Development $61.06M $53.46M $50.08M $28.69M $41.09M $36.92M $30.88M $27.07M $26.61M $18.88M $10.52M $11.54M
YoY Change 14.2% 6.75% 74.54% -30.17% 11.3% 19.56% 14.07% 1.72% 40.95% 79.52% -8.86%
% of Gross Profit 114.85% 113.86% 128.04% 187.3% 2160.41% 2413.07% 2100.68% 1879.86% 1859.61% 2772.39% 384666.67%
Depreciation & Amortization $2.983M $2.109M $2.421M $2.773M $2.530M $2.290M $1.630M $880.0K $754.0K $547.0K $404.0K $404.0K
YoY Change 41.44% -12.89% -12.69% 9.6% 10.48% 40.49% 85.23% 16.71% 37.84% 35.4% 0.0%
% of Gross Profit 5.61% 4.49% 6.19% 18.1% 133.02% 149.67% 110.88% 61.11% 52.69% 80.32% 13466.67%
Operating Expenses $135.5M $125.6M $117.2M $78.17M $87.70M $60.64M $63.39M $44.77M $39.95M $27.87M $12.90M $13.68M
YoY Change 7.91% 7.22% 49.88% -10.87% 44.63% -4.34% 41.59% 12.07% 43.35% 115.97% -5.69%
Operating Profit -$82.38M -$78.65M -$78.04M -$62.85M -$85.80M -$59.11M -$61.92M -$43.33M -$38.20M -$27.09M -$12.90M -$13.67M
YoY Change 4.74% 0.79% 24.17% -26.75% 45.16% -4.54% 42.9% 13.44% 40.98% 109.98% -5.62%

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
Interest Expense $11.34M $7.022M $6.671M $6.768M $6.101M -$860.0K -$1.470M -$1.380M $1.724M $1.119M $441.0K $377.0K
YoY Change 61.46% 5.26% -1.43% 10.93% -809.42% -41.5% 6.52% -180.05% 54.07% 153.74% 16.98%
% of Operating Profit
Other Income/Expense, Net $1.646M $7.616M $71.48M -$92.79M -$570.0K $0.00 $10.00K $0.00 -$1.551M -$1.554M -$414.0K -$422.0K
YoY Change -78.39% -89.35% -177.04% 16178.77% -100.0% -100.0% -0.19% 275.36% -1.9%

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
Pretax Income -$80.74M -$71.04M -$6.553M -$155.6M -$86.37M -$59.98M -$63.39M -$44.70M -$39.75M -$28.65M -$13.32M -$14.09M
YoY Change 13.65% 984.05% -95.79% 80.2% 44.0% -5.38% 41.81% 12.45% 38.74% 115.09% -5.46%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$80.74M -$71.04M -$6.553M -$155.6M -$86.37M -$59.98M -$63.39M -$44.70M -$39.75M -$28.65M -$13.32M -$14.09M
YoY Change 13.65% 984.05% -95.79% 80.19% 44.0% -5.38% 41.81% 12.46% 38.75% 115.12% -5.51%
Net Earnings / Revenue -138.14% -137.95% -15.06% -894.31% -2043.34% -3014.07% -3301.56% -2365.08% -2271.31% -3710.88% -140930.0%
Basic Earnings Per Share -$1.01 -$0.92 -$0.09 -$2.56 -$1.91
Diluted Earnings Per Share -$1.02 -$0.97 -$0.98 -$2.56 -$1.91 -$1.573M -$2.200M -$1.801M -$1.710M -$2.690M -$647.5K -$685.0K

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
Cash & Short-Term Investments $195.8M $102.3M $164.2M $228.1M $54.40M $54.10M $41.50M $68.10M $105.1M $74.80M $17.50M $23.90M
YoY Change 91.4% -37.68% -28.03% 319.3% 0.55% 30.36% -39.06% -35.2% 40.51% 327.43% -26.78%
Cash & Equivalents $195.8M $102.3M $164.2M $228.1M $54.40M $54.10M $41.50M $32.90M $30.80M $37.40M $17.50M $23.90M
Short-Term Investments $0.00 $35.20M $74.30M $37.40M
Other Short-Term Assets $7.944M $4.028M $4.751M $4.700M $2.200M $1.700M $1.500M $1.400M $1.600M $900.0K $200.0K $400.0K
YoY Change 97.22% -15.22% 1.09% 113.64% 29.41% 13.33% 7.14% -12.5% 77.78% 350.0% -50.0%
Inventory $2.305M $1.974M $1.250M $1.200M $1.000M $200.0K $100.0K $100.0K $100.0K $100.0K $0.00 $0.00
Prepaid Expenses
Receivables $26.18M $21.33M $21.14M $12.30M $2.500M $200.0K $200.0K $300.0K $200.0K $300.0K $300.0K $0.00
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $232.2M $129.6M $191.3M $246.2M $60.20M $56.20M $43.30M $69.90M $107.0M $76.20M $18.00M $24.30M
YoY Change 79.16% -32.24% -22.3% 308.97% 7.12% 29.79% -38.05% -34.67% 40.42% 323.33% -25.93%
Property, Plant & Equipment $18.21M $17.90M $11.82M $13.90M $16.80M $10.20M $10.50M $3.300M $3.100M $1.800M $900.0K $800.0K
YoY Change 1.75% 51.38% -14.94% -17.26% 64.71% -2.86% 218.18% 6.45% 72.22% 100.0% 12.5%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.614M $1.764M $1.764M $1.800M $1.800M $6.600M $1.600M $1.700M $200.0K $200.0K $200.0K $200.0K
YoY Change -8.5% 0.0% -2.0% 0.0% -72.73% 312.5% -5.88% 750.0% 0.0% 0.0% 0.0%
Total Long-Term Assets $19.83M $19.66M $13.59M $15.70M $18.50M $16.80M $12.10M $5.000M $3.300M $2.000M $1.100M $1.000M
YoY Change 0.83% 44.71% -13.46% -15.14% 10.12% 38.84% 142.0% 51.52% 65.0% 81.82% 10.0%
Total Assets $252.1M $149.3M $204.9M $261.9M $78.70M $73.00M $55.40M $74.90M $110.3M $78.20M $19.10M $25.30M
YoY Change
Accounts Payable $4.389M $5.123M $4.592M $2.700M $3.300M $3.000M $3.600M $2.100M $2.000M $1.300M $500.0K $600.0K
YoY Change -14.33% 11.56% 70.07% -18.18% 10.0% -16.67% 71.43% 5.0% 53.85% 160.0% -16.67%
Accrued Expenses $30.25M $25.70M $21.75M $15.70M $8.800M $6.200M $4.300M $4.600M $3.400M $3.000M $700.0K $1.100M
YoY Change 17.73% 18.17% 38.5% 78.41% 41.94% 44.19% -6.52% 35.29% 13.33% 328.57% -36.36%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $8.300M $0.00 $5.500M $1.500M $0.00 $1.400M $1.800M $1.800M
YoY Change -100.0% -100.0% 266.67% -100.0% -22.22% 0.0%
Total Short-Term Liabilities $34.90M $31.40M $26.34M $26.70M $12.00M $9.200M $13.40M $8.300M $5.400M $5.900M $3.300M $3.500M
YoY Change 11.15% 19.2% -1.36% 122.5% 30.43% -31.34% 61.45% 53.7% -8.47% 78.79% -5.71%
Long-Term Debt $74.93M $54.01M $51.44M $41.20M $49.30M $24.80M $12.50M $14.10M $15.30M $13.50M $700.0K $2.300M
YoY Change 38.73% 5.0% 24.84% -16.43% 98.79% 98.4% -11.35% -7.84% 13.33% 1828.57% -69.57%
Other Long-Term Liabilities $51.11M $28.51M $39.12M $117.9M $21.00M $3.200M $3.400M $500.0K $100.0K $100.0K $300.0K $300.0K
YoY Change 79.27% -27.12% -66.82% 461.43% 556.25% -5.88% 580.0% 400.0% 0.0% -66.67% 0.0%
Total Long-Term Liabilities $126.0M $82.52M $90.55M $159.1M $70.30M $28.00M $15.90M $14.60M $15.40M $13.60M $1.000M $2.600M
YoY Change 52.74% -8.87% -43.09% 126.32% 151.07% 76.1% 8.9% -5.19% 13.24% 1260.0% -61.54%
Total Liabilities $160.9M $113.9M $116.9M $185.8M $82.40M $37.20M $29.30M $22.90M $20.70M $19.50M $4.300M $6.100M
YoY Change 41.28% -2.55% -37.09% 125.49% 121.51% 26.96% 27.95% 10.63% 6.15% 353.49% -29.51%

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
Basic Shares Outstanding 79.83M 76.88M 76.39M 60.75M 45.27M
Diluted Shares Outstanding 85.60M 82.64M 82.16M 60.75M 45.27M
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: $1.4904 Billion

About OCULAR THERAPEUTIX, INC

Ocular Therapeutix, Inc. is a biopharmaceutical company, which engages in the development and commercialization of therapies for diseases and conditions of the eye. The company is headquartered in Bedford, Massachusetts and currently employs 267 full-time employees. The company went IPO on 2014-07-25. The firm is engaged in the development and commercialization of therapies for wet age-related macular degeneration (wet AMD), diabetic retinopathy, and other diseases and conditions of the eye. Its first commercial drug product, DEXTENZA, is for the treatment of ocular inflammation and pain following ophthalmic surgery and ocular itching associated with allergic conjunctivitis. The company is also developing two other clinical-stage assets, OTX-DED (dexamethasone intracanalicular insert) for the short-term treatment of the signs and symptoms of dry eye disease, and OTX-CSI (cyclosporine intracanalicular insert) for the chronic treatment of dry eye disease. The company is conducting a pivotal Phase III clinical trial to evaluate AXPAXLI for the treatment of wet AMD. Its clinical portfolio also includes PAXTRAVA, which is in Phase III clinical development for the treatment of primary open-angle glaucoma (OAG) or ocular hypertension (OHT).

Industry: Pharmaceutical Preparations Peers: Bakhu Holdings, Corp. Esperion Therapeutics, Inc. Evolus, Inc. Fulcrum Therapeutics, Inc. JOHNSON & JOHNSON Liquidia Corp Nuvation Bio Inc. Phathom Pharmaceuticals, Inc. Rani Therapeutics Holdings, Inc. Tarsus Pharmaceuticals, Inc.