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Company price
21.35 USD 0.08 ( 0.38%)
Last update at 2026-10-27T20:00:00Z
VOLUME
82938
Market Cap
261.13M

Momentum Score

…

Anika Therapeutics, Inc., a joint preservation company, creates and delivers advancements in early intervention orthopedic care in the areas of osteoarthritis (OA) pain management, regenerative solutions, sports medicine, and arthrosurface joint solutions in the United States, Europe, and internationally. The company develops, manufactures, and commercializes products based on hyaluronic acid (HA) technology platform. Its OA pain management products includes Monovisc and Orthovisc, an injectable HA-based viscosupplement for the pain relief from osteoarthritis conditions; and Cingal, a single-injection OA pain management product to provide both short- and long-term pain relief. The company's joint preservation and restoration product family comprises and orthopedic regenerative solutions, including Hyalofast and Tactoset; sports medicine solutions used to repair and reconstruct damaged ligaments and tendons; and preserving joint solutions, including partial joint replacement, joint resurfacing, and invasive and bone sparing implants, which are designed to treat upper and lower extremity orthopedic conditions. In addition, it offers non-orthopedic products comprising HA-based products for non-orthopedic applications including Hyvisc, a molecular weight injectable HA veterinary product; Hyalobarrier, an anti-adhesion barrier indicated for use after abdominal-pelvic surgeries; and Hyalomatrix used for the treatment of burns and ulcers, as well as products used for the treatment of ears, nose and throat disorders, and ophthalmic products. The company was founded in 1983 and is headquartered in Bedford, Massachusetts.

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Day Price Range
21.04
Low
21.71
High
52 Week Price Range
16.00
Low
29.11
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Anika Therapeutics develops and markets hyaluronic acid–based therapeutics and regenerative medical devices for orthopedics and soft-tissue repair, including intra‑articular injections for osteoarthritis. Long-term growth may be supported by aging populations, rising osteoarthritis prevalence and international expansion, and investors may find the company attractive for its niche product portfolio, manufacturing capabilities and recurring procedure-driven demand.
Key risks include reimbursement and regulatory pressure, competition from alternative therapies and concentration from reliance on a small number of orthopedic products and manufacturing capacity.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
21.27
Dividend Yield
-
Revenue TTM
164.17M
Revenue Per Share
11.14
Gross Profit TTM
96.78M
Debt / Equity
0.14
ROE
-43.31%
Net Debt
-43.83M
ROCE
-14.14%
Diluted EPS TTM
-6.64

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -18.75M 2.43M -28.62M 36.12M 23.21M
Net income -14.86M 4.13M -23.98M 27.19M 18.72M
Selling general administrative 84.79M 53.00M 60.06M 34.95M 34.34M
Gross profit 93.58M 82.94M 69.03M 85.86M 74.28M
Reconciled depreciation 14.49M 14.32M 13.46M 5.99M 5.91M
Ebit -33.89M -18.48M -14.47M 28.26M 15.84M
Ebitda -19.40M -39.58M -0.61M 34.25M 21.75M
Depreciation and amortization 14.49M -21.09M 13.85M 5.99M 5.91M
Operating income -19.40M -18.48M -14.47M 34.25M 21.75M
Other operating expenses 175.64M 166.27M 144.93M 80.36M 83.81M
Interest expense 0.65M -0.19M -0.30M 7.86M 1.46M
Tax provision -3.89M -1.71M -4.64M 8.93M 4.49M
Interest income - - - 1.87M 1.46M
Net interest income 0.65M -0.19M -0.30M 1.87M 1.46M
Non recurring - - 42.52M - -
Income tax expense -3.89M -1.71M -4.64M 8.93M 4.49M
Total revenue 156.24M 147.79M 130.46M 114.61M 105.56M
Total operating expenses 112.98M 101.42M 83.49M 51.62M 52.53M
Cost of revenue 62.66M 64.85M 61.43M 28.75M 31.28M
Total other income expense net 0.65M 20.91M -14.16M 1.87M 1.46M
Net income from continuing ops -14.86M 4.13M -23.98M 27.19M 18.72M
Net income applicable to common shares -14.86M 4.13M -23.98M 27.19M 18.72M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 270.63M 349.13M 347.54M 365.61M 330.71M
Intangible assets 4.63M 74.60M 82.38M 91.16M 7.58M
Other current assets 8.10M 8.83M 8.29M 8.75M 1.44M
Total liab 58.37M 63.56M 60.45M 93.20M 42.33M
Total stockholder equity 212.26M 285.56M 287.08M 272.40M 288.38M
Deferred long term liab - 6.44M 10.16M 11.89M 4.33M
Other current liab 17.83M 16.77M 4.32M 13.09M 11.30M
Common stock 0.15M 0.15M 0.14M 0.14M 0.14M
Capital stock 0.15M 0.15M 0.14M 0.14M 0.14M
Retained earnings 128.05M 210.72M 225.58M 221.44M 245.43M
Other liab - 6.83M 11.41M 35.46M 4.69M
Good will 7.57M 7.34M 7.78M 8.41M 7.69M
Other assets - 18.67M 20.29M 38.04M -1.44M
Cash 72.87M 86.33M 94.39M 95.82M 157.46M
Total current liabilities 31.06M 27.91M 29.80M 36.87M 16.28M
Current deferred revenue 1.24M - 16.13M 13.21M -
Net debt -43.83M -55.44M -75.15M -74.94M -136.10M
Short term debt 2.13M 2.07M 1.71M 1.58M 1.14M
Short long term debt total 29.04M 30.89M 19.24M 20.88M 21.37M
Other stockholder equity 90.01M 81.14M 67.08M 55.35M 48.71M
Property plant equipment - 48.28M 47.60M 50.61M 50.78M
Total current assets 163.31M 169.55M 168.53M 177.38M 235.75M
Net tangible assets - 232.44M 216.16M 193.71M 294.47M
Short term investments - 34.63M - 2.50M 27.48M
Net receivables 35.96M 34.63M 29.84M 24.10M 23.08M
Inventory 46.39M 39.77M 36.01M 46.21M 22.00M
Accounts payable 9.86M 9.07M 7.63M 8.98M 3.83M
Accumulated other comprehensive income -5.94M -6.44M -5.72M -4.54M -5.90M
Common stock total equity - 0.15M 0.14M 0.14M 0.14M
Retained earnings total equity - 210.72M 225.58M 221.44M 245.43M
Non currrent assets other 14.05M 17.22M 20.29M 15.42M 7.48M
Non current assets total 107.32M 179.58M 179.01M 188.22M 96.40M
Capital lease obligations 29.04M 28.82M 20.95M 20.88M 22.51M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -7.49M 2.50M 24.96M 42.52M -45.60M
Change to liabilities 2.96M 1.10M -1.39M 3.49M 0.56M
Total cashflows from investing activities -7.49M -3.12M -71.26M 39.69M -50.26M
Net borrowings -0.28M -0.20M -0.35M -0.56M -0.56M
Total cash from financing activities -4.85M -6.78M -3.77M -8.14M -28.90M
Change to operating activities -2.72M 0.53M -3.89M 1.10M 2.21M
Net income -14.86M 4.13M -23.98M 27.19M 18.72M
Change in cash -8.06M -1.43M -61.65M 68.42M -44.21M
Begin period cash flow 94.39M 95.82M 157.46M 89.04M 133.26M
End period cash flow 86.33M 94.39M 95.82M 157.46M 89.04M
Total cash from operating activities 4.41M 8.40M 13.06M 37.01M 34.92M
Depreciation 14.49M 14.32M 13.46M 5.99M 5.91M
Other cashflows from investing activities - -0.48M -94.60M 42.52M -45.60M
Change to inventory -6.87M -6.62M -14.18M -5.58M -7.58M
Change to account receivables -5.63M -6.22M 5.86M -1.84M 2.91M
Sale purchase of stock 0.68M 1.13M 1.52M -30.00M -30.00M
Other cashflows from financing activities -4.57M -6.58M 46.78M 21.86M 1.10M
Change to netincome 14.75M -3.51M 24.45M 9.29M 13.49M
Capital expenditures 7.49M 5.14M 1.63M 2.83M 4.66M
Change receivables -5.63M -6.22M 5.86M -1.84M 2.91M
Cash flows other operating 7.36M 13.03M 8.87M -1.53M 0.90M
Exchange rate changes - - - -0.13M 0.03M
Cash and cash equivalents changes -7.93M -1.50M -61.97M 68.42M -44.21M
Change in working capital -11.82M -14.72M -13.46M -6.64M -3.20M
Stock based compensation 14.31M 11.09M 5.39M 6.09M 11.05M
Other non cash items 7.56M -4.66M 35.20M 3.58M 4.26M
Free cash flow -3.08M 3.25M 11.44M 34.18M 30.26M

Peer Comparison*

Sector: Healthcare Industry: Drug Manufacturers - Specialty & Generic

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
ANIK
Anika Therapeutics Inc
0.08
0.38%
21.35 - 36.63 1.59 1.40 1.32 -72.65
MKKGY
Merck KGaA ADR
0.17
0.53%
32.25 21.25 14.93 3.10 2.14 3.60 12.98
MKGAF
MERCK Kommanditgesellschaft auf Aktien
-
-%
161.82 24.86 15.11 3.13 1.98 3.08 18.89
TAK
Takeda Pharmaceutical Co Ltd ADR
-0.16
0.78%
20.27 - 10.96 0.01 1.20 2.94 23.11
TKPHF
Takeda Pharmaceutical Co. Ltd.
-
-%
41.22 - 10.66 0.01 1.16 2.94 23.11

Profile*

Anika Therapeutics Inc

Anika Therapeutics, Inc., a joint preservation company, creates and delivers advancements in early intervention orthopedic care in the areas of osteoarthritis (OA) pain management, regenerative solutions, sports medicine, and arthrosurface joint solutions in the United States, Europe, and internationally. The company develops, manufactures, and commercializes products based on hyaluronic acid (HA) technology platform. Its OA pain management products includes Monovisc and Orthovisc, an injectable HA-based viscosupplement for the pain relief from osteoarthritis conditions; and Cingal, a single-injection OA pain management product to provide both short- and long-term pain relief. The company's joint preservation and restoration product family comprises and orthopedic regenerative solutions, including Hyalofast and Tactoset; sports medicine solutions used to repair and reconstruct damaged ligaments and tendons; and preserving joint solutions, including partial joint replacement, joint resurfacing, and invasive and bone sparing implants, which are designed to treat upper and lower extremity orthopedic conditions. In addition, it offers non-orthopedic products comprising HA-based products for non-orthopedic applications including Hyvisc, a molecular weight injectable HA veterinary product; Hyalobarrier, an anti-adhesion barrier indicated for use after abdominal-pelvic surgeries; and Hyalomatrix used for the treatment of burns and ulcers, as well as products used for the treatment of ears, nose and throat disorders, and ophthalmic products. The company was founded in 1983 and is headquartered in Bedford, Massachusetts.

32 Wiggins Avenue, Bedford, MA, United States, 01730

781 457 9000

357

Name Title Year Born
Dr. Cheryl Renee Blanchard Ph.D. Pres, CEO & Director 1964
Mr. Michael L. Levitz Exec. VP, CFO & Treasurer 1974
Mr. David Colleran Exec. VP, Gen. Counsel & Corp. Sec. 1972
Ms. Anne Nunes VP of Operations NA
Mr. Mark Namaroff Exec. Director of Investor Relations & Corp. Communications 1963
Mr. Charles Sherwood III VP & Corp. Legal Counsel NA
Mr. James Chase Sr. VP of International Sales & Marketing NA
Mr. Bart Bracy VP of Sales & Marketing of Americas NA
Mr. Ben Joseph VP of Commercial & Corp. Devel. NA
Ms. Lisa Funiciello VP of HR NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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