Mar 31, 2021

Ultragenyx Q1 2021 Earnings Report

Reported financial results for Q1 2021 and reaffirmed the financial guidance for 2021.

Key Takeaways

Ultragenyx reported a total revenue of $99.4 million for the first quarter of 2021, with Crysvita revenue reaching $42.1 million. The company reaffirmed its 2021 Crysvita revenue guidance of $180 million to $190 million. Dojolvi launch continues with approximately 180 patients on reimbursed commercial therapy in the United States.

First quarter 2021 total revenue of $99.4 million.

Crysvita revenue to Ultragenyx of $42.1 million.

2021 Crysvita revenue in Ultragenyx territories guidance of $180 million to $190 million reaffirmed.

Strong Dojolvi launch continues with approximately 180 patients on reimbursed commercial therapy in the United States

Total Revenue
$99.4M
Previous year: $36.3M
+173.7%
EPS
-$2.03
Previous year: -$2.05
-1.0%
Total Operating Expenses
$206M
Previous year: $157M
+31.2%
Cash and Equivalents
$1.05B
Previous year: $705M
+48.5%
Total Assets
$1.6B
Previous year: $1.23B
+29.6%

Ultragenyx

Ultragenyx

Ultragenyx Revenue by Segment

Forward Guidance

The company reaffirmed the 2021 guidance range for Crysvita that was provided at the beginning of the year. This range is $180 million to $190 million and includes the North American profit share region and the other regions where product sales are recognized.