Dec 31, 2022

Ultragenyx Q4 2022 Earnings Report

Ultragenyx reported Q4 2022 financial results with total revenue of $103.3 million, driven by Crysvita and Dojolvi sales, and provided 2023 revenue guidance.

Key Takeaways

Ultragenyx reported Q4 2022 total revenue of $103.3 million. The company reaffirmed its 2023 financial guidance, expecting total revenue between $425 million and $450 million and net cash used in operations to be less than $400 million.

Total revenue for Q4 2022 was $103.3 million.

Crysvita revenue in Ultragenyx territories was $74.6 million, including $66.9 million in North America collaboration revenue.

Dojolvi revenue was $16.4 million in Q4 2022.

Mepsevii revenue was $4.8 million in Q4 2022.

Total Revenue
$103M
Previous year: $83.4M
+23.9%
EPS
-$2.16
Previous year: -$1.79
+20.7%
Total Operating Expenses
$249M
Previous year: $186M
+33.9%
Gross Profit
$103M
Previous year: $83.4M
+23.9%
Cash and Equivalents
$897M
Previous year: $999M
-10.2%
Free Cash Flow
-$117M
Previous year: -$70.4M
+66.7%
Total Assets
$1.55B
Previous year: $1.52B
+1.5%

Ultragenyx

Ultragenyx

Ultragenyx Revenue by Segment

Forward Guidance

Ultragenyx reaffirms its financial guidance for the full year 2023.

Positive Outlook

  • Total revenue in the range of $425 million to $450 million
  • Crysvita revenue in the range of $325 million to $340 million, including royalties in Europe and North America.
  • Dojolvi revenue in the range of $65 million to $75 million
  • Net Cash Used in Operations is expected to be less than $400 million
  • Phase 2/3 study dosing patients; Phase 2 enrollment complete, data expected in mid-2023

Revenue & Expenses

Visualization of income flow from segment revenue to net income