Jun 30, 2022

Ultragenyx Q2 2022 Earnings Report

Second quarter financial results reported with total revenue of $89.3 million and Crysvita revenue of $64.0 million.

Key Takeaways

Ultragenyx reported second quarter revenue of $89.3 million, including $64.0 million from Crysvita and $13.5 million from Dojolvi. They completed the sale of a capped 30% royalty interest on future Crysvita sales for $500 million and acquired GeneTx. The company reaffirmed its 2022 revenue guidance for Crysvita and Dojolvi.

Total revenue for the second quarter of 2022 was $89.3 million.

Crysvita revenue in Ultragenyx territories was $64.0 million.

Dojolvi product sales were $13.5 million.

Net loss for the quarter was $158.2 million, or $2.26 per share.

Total Revenue
$89.3M
Previous year: $87M
+2.7%
EPS
-$2.26
Previous year: -$1.81
+24.9%
Total Operating Expenses
$231M
Previous year: $170M
+36.0%
Gross Profit
$89.3M
Previous year: $87M
+2.7%
Cash and Equivalents
$706M
Previous year: $974M
-27.5%
Free Cash Flow
-$108M
Previous year: -$85.4M
+26.6%
Total Assets
$1.32B
Previous year: $1.51B
-12.7%

Ultragenyx

Ultragenyx

Ultragenyx Revenue by Segment

Forward Guidance

The company continues to expect 2022 revenue for Crysvita in Ultragenyx territories to be between $250 million and $260 million and Dojolvi revenue to be between $55 million and $65 million.

Revenue & Expenses

Visualization of income flow from segment revenue to net income