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Jun 30, 2021

Eton Q2 2021 Earnings Report

Reported increased adoption of ALKINDI SPRINKLE and acquired rights to ZENEO Hydrocortisone autoinjector.

Key Takeaways

Eton Pharmaceuticals reported revenue of $3.1 million for the second quarter of 2021, which included $2.5 million of licensing revenue. The company also reported a net loss of $2.0 million, with an EPS of ($0.08).

Received FDA-approval for RezipresĀ® during the second quarter.

Expanded pediatric endocrinology portfolio with the acquisition of U.S. and Canadian rights to the ZENEOĀ® Hydrocortisone autoinjector.

ALKINDI SPRINKLE sales force prioritized in-person meetings due to fewer COVID-19 restrictions.

More than 90% of patients on ALKINDI SPRINKLE treatment are being reimbursed.

Total Revenue
$3.07M
Previous year: $20K
+15235.0%
EPS
-$0.1
Previous year: -$0.23
-56.5%
Gross Profit
$2.93M
Previous year: -$8K
-36737.5%
Cash and Equivalents
$25.8M
Previous year: $10.3M
+150.5%
Free Cash Flow
-$372K
Previous year: -$2.85M
-87.0%
Total Assets
$29.9M
Previous year: $14.6M
+105.4%

Eton

Eton