Dec 31, 2020

SIGA Technologies Q4 2020 Earnings Report

SIGA Technologies reported strong Q4 2020 results, driven by TPOXX® deliveries to the U.S. strategic national stockpile and international contracts.

Key Takeaways

SIGA Technologies reported financial results for the three and twelve months ended December 31, 2020. The fourth quarter was highlighted by the delivery of approximately 112,000 courses of oral TPOXX® to the U.S. strategic national stockpile (SNS), generating revenue of approximately $35 million. The company also announced the first international contract for oral TPOXX® with the contract award by the Canadian Military for its procurement.

Delivered approximately 112,000 courses of oral TPOXX® to the U.S. strategic national stockpile (SNS) in Q4 2020.

Recognized approximately $35 million of revenue from TPOXX® deliveries in Q4 2020.

Filed submissions for regulatory approval of oral TPOXX® in Europe and Canada.

Repurchased approximately 1 million shares of its common stock for approximately $6.7 million during Q4 2020.

Total Revenue
$37.7M
Previous year: $4.26M
+784.8%
EPS
$0.26
Previous year: -$0.06
-533.3%
Shares Repurchased
1M
Gross Profit
$30.4M
Previous year: $210K
+14382.8%
Cash and Equivalents
$118M
Previous year: $65.2M
+80.7%
Total Assets
$150M
Previous year: $199M
-24.5%

SIGA Technologies

SIGA Technologies

SIGA Technologies Revenue by Segment

Forward Guidance

SIGA Technologies anticipates further expansion in the international procurement of oral TPOXX® in the coming years.

Revenue & Expenses

Visualization of income flow from segment revenue to net income