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Jun 30, 2021

Aurinia Q2 2021 Earnings Report

Reported second quarter financial results with significant revenue increase and patient start forms.

Key Takeaways

Aurinia Pharmaceuticals Inc. reported a net revenue of $6.6 million for the second quarter of 2021, a 624% increase from the first quarter of 2021. The company received 415 patient start forms (PSFs) for LUPKYNISTM during the quarter, representing a 60% increase from the first quarter. The company anticipates that annual net revenue for LUPKYNIS will be in the range of $40 to $50 million for 2021.

Net revenue for the second quarter 2021 was $6.6 million, a 624% increase from the first quarter 2021.

415 patient start forms (PSFs) were received for LUPKYNISTM during the second quarter, over a 60% increase from the first quarter 2021.

Otsuka submitted a voclosporin MAA to the EMA.

Cash and cash equivalents, and investments totaled $323.7 million at June 30, 2021.

Total Revenue
$6.62M
Previous year: $29K
+22727.6%
EPS
-$0.37
Previous year: -$0.26
+42.3%
Gross Profit
$6.31M
Previous year: $29K
+21665.5%
Cash and Equivalents
$122M
Previous year: $232M
-47.7%
Total Assets
$386M

Aurinia

Aurinia

Aurinia Revenue by Segment

Forward Guidance

Aurinia anticipates that annual net revenue for LUPKYNIS will be in the range of $40 to $50 million for 2021.

Revenue & Expenses

Visualization of income flow from segment revenue to net income