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Arcutis Biotherapeutics Inc

Healthcare US ARQT

8.94USD
-0.16(1.76%)

Last update at 2024-04-22T20:00:00Z

Day Range

8.749.28
LowHigh

52 Week Range

1.7617.57
LowHigh

Financials

Income Statement

Balancesheet

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 -311.45800M -206.35600M -135.67800M -41.99600M -19.25500M
Minority interest - - - - -
Net income -321.28900M -205.90200M -135.67800M -41.99600M -19.25500M
Selling general administrative 122.12M 60.97M 21.34M 6.61M 1.79M
Selling and marketing expenses - - - - -
Gross profit 2.93M - - - -
Reconciled depreciation 0.93M 0.45M 0.12M 0.20M -
Ebit -301.62700M -206.98300M -136.64500M -43.13200M -20.21500M
Ebitda -295.80600M -206.52900M -136.52300M -42.93700M -19.73500M
Depreciation and amortization 5.82M 0.45M 0.12M 0.20M 0.48M
Non operating income net other - 0.17M 0.97M - -
Operating income -301.62700M -206.52900M -136.64500M -43.13200M -19.73500M
Other operating expenses 305.31M 206.53M 136.65M 43.13M 19.73M
Interest expense 15.65M 0.45M 0.00000M 0.00000M 0.00000M
Tax provision - - - - -
Interest income - - - - -
Net interest income -15.65200M - - - -
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 9.83M -0.45400M -0.96700M -1.13600M -0.48000M
Total revenue 3.69M 0.00000M 0.00000M 0.00000M 0.00000M
Total operating expenses 304.56M 206.53M 136.65M 43.13M 19.73M
Cost of revenue 0.75M - - - -
Total other income expense net -9.83100M 0.17M 0.97M 1.14M 0.48M
Discontinued operations - - - - -
Net income from continuing ops -311.45800M -206.35600M -135.67800M -41.99600M -19.25500M
Net income applicable to common shares -311.45800M -206.35600M -135.67800M -41.99600M -19.25500M
Preferred stock and other adjustments - - - - -
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
Total assets 449.27M 408.15M 298.27M 107.01M 51.10M
Intangible assets 7.19M - - - -
Earning assets - - - - -
Other current assets 10.61M 14.17M 8.38M 5.21M 0.16M
Total liab 239.69M 110.47M 27.65M 172.04M 75.08M
Total stockholder equity 209.58M 297.68M 270.62M -65.02900M -23.98700M
Deferred long term liab - - - - -
Other current liab 28.32M 25.54M 15.46M 3.65M 0.87M
Common stock 0.00600M 0.00500M 0.00400M -166.49100M -
Capital stock 0.00600M 0.00500M 0.00400M 0.00000M 0.00000M
Retained earnings -719.76400M -408.30600M -201.95000M -66.27200M -24.27600M
Other liab - 0.03M 0.08M 0.18M 0.16M
Good will - - - - -
Other assets 0.08M 0.08M 0.08M 0.05M -
Cash 53.64M 96.45M 65.08M 63.34M 39.39M
Cash and equivalents - - - - -
Total current liabilities 37.81M 33.33M 22.60M 5.24M 2.67M
Current deferred revenue - - - - -
Net debt 148.90M -18.89200M -60.11800M -63.02900M -39.39400M
Short term debt 0.66M 0.43M - 0.18M -
Short long term debt - - - - -
Short long term debt total 202.54M 77.56M 4.96M 0.31M -
Other stockholder equity 930.42M 706.23M 174.30M -165.24700M 0.29M
Property plant equipment 4.60M 2.26M 2.02M 0.49M -
Total current assets 437.41M 402.77M 292.83M 106.47M 51.10M
Long term investments - - - - -
Net tangible assets 202.39M 297.68M 270.62M -65.02900M -23.98700M
Short term investments 355.95M 290.61M 219.36M 37.93M 11.55M
Net receivables 8.46M 0.36M 0.51M 0.14M -
Long term debt 197.77M 72.35M - - -
Inventory 7.51M 1.18M -0.51000M - -
Accounts payable 8.83M 7.35M 7.14M 1.41M 1.80M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -1.08600M -0.25500M -0.00200M -0.00100M -
Additional paid in capital - - - - -
Common stock total equity - 0.00500M 0.00400M - -
Preferred stock total equity - - - - -
Retained earnings total equity - -408.30600M -201.95000M - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 0.08M 0.08M 0.08M 0.05M 0.00000M
Deferred long term asset charges - - - - -
Non current assets total 11.87M 5.38M 5.44M 0.54M 0.00000M
Capital lease obligations 4.77M 5.21M 4.96M 0.31M -
Long term debt total - 72.35M - - -
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 -87.19900M -74.95800M -181.50300M -26.32500M -11.53200M
Change to liabilities 1.56M 10.71M 17.55M -0.45800M 1.26M
Total cashflows from investing activities -87.19900M -75.95300M -181.82400M -26.32500M -11.53200M
Net borrowings 125.00M 72.35M 73.99M 73.99M 73.99M
Total cash from financing activities 301.80M 281.95M 298.14M 93.10M 61.59M
Change to operating activities 4.23M 3.38M 8.46M -1.04700M 0.84M
Net income -311.45800M -206.35600M -135.67800M -41.99600M -19.25500M
Change in cash -43.11600M 31.37M 3.29M 23.94M 35.98M
Begin period cash flow 97.99M 66.62M 63.34M 39.39M 3.42M
End period cash flow 54.88M 97.99M 66.62M 63.34M 39.39M
Total cash from operating activities -257.71500M -174.62700M -113.03300M -42.83600M -14.08500M
Issuance of capital stock 176.05M 207.49M 297.00M 94.24M 61.21M
Depreciation 0.93M 0.45M 0.12M 0.20M 0.20M
Other cashflows from investing activities - - - -26.03000M -11.53200M
Dividends paid - - - - -
Change to inventory -7.51400M -7.51400M -7.51400M -7.51400M -
Change to account receivables -8.45800M -8.45800M -8.45800M -8.45800M -
Sale purchase of stock 12.47M 0.84M 0.62M 94.50M 61.59M
Other cashflows from financing activities 113.28M 73.61M 0.53M -1.13600M 61.59M
Change to netincome 62.98M 23.89M 7.99M 0.47M 3.06M
Capital expenditures 23.28M 0.99M 0.32M 0.29M 0.29M
Change receivables - - - - -
Cash flows other operating - -6.77700M -3.08500M - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - 31.37M 3.29M - -
Change in working capital -10.17500M 3.62M 14.13M -1.50500M 2.11M
Stock based compensation 32.68M 23.89M 7.94M 0.82M 0.15M
Other non cash items 30.30M 0.31M 0.33M -0.35400M 2.91M
Free cash flow -280.99800M -175.62200M -113.35400M -43.13100M -14.08500M

Fundamentals

  • Previous Close 9.10
  • Market Cap283.15M
  • Volume1223905
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-246.87299M
  • Revenue TTM49.04M
  • Revenue Per Share TTM0.80
  • Gross Profit TTM 2.93M
  • Diluted EPS TTM-4.33

Peer Comparison

Sector: Healthcare Industry: Biotechnology

Company 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)
ARQT
Arcutis Biotherapeutics Inc
-0.16 1.76% 8.94 - - 4.98 5.23 4.54 -0.9487
NVO
Novo Nordisk A/S
2.55 2.08% 125.26 41.58 31.15 2.13 32.99 2.11 4.70
NONOF
Novo Nordisk A/S
3.76 3.07% 126.26 41.06 31.25 2.08 33.11 2.11 4.70
VRTX
Vertex Pharmaceuticals Inc
5.64 1.43% 399.92 30.40 24.75 10.68 6.25 9.52 20.36
CSLLY
CSL Ltd
2.35 2.71% 89.17 42.45 26.95 7.05 5.80 7.85 26.51

Reports Covered

Stock Research & News

Profile

Arcutis Biotherapeutics, Inc., a biopharmaceutical company, focuses on developing and commercializing treatments for dermatological diseases. Its lead product candidate is ARQ-151, a topical roflumilast cream that has completed Phase III clinical trials for the treatment of plaque psoriasis and atopic dermatitis. The company is also developing ARQ-154, a topical foam formulation of roflumilast for the treatment of seborrheic dermatitis and scalp psoriasis; ARQ-252, a selective topical janus kinase type 1 inhibitor for hand eczema and vitiligo; ARQ-255, a topical formulation of ivarmacitinib designed to reach deeper into the skin in order to treat alopecia areata; and ARQ-234, a CD200R fusion protein for the treatment of moderate-to-severe atopic dermatitis. The company was formerly known as Arcutis, Inc. and changed its name to Arcutis Biotherapeutics, Inc. in October 2019. Arcutis Biotherapeutics, Inc. was incorporated in 2016 and is headquartered in Westlake Village, California.

Arcutis Biotherapeutics Inc

3027 Townsgate Road, Westlake Village, CA, United States, 91361

Key Executives

Name Title Year Born
Mr. Todd Franklin Watanabe M.A. Pres, CEO & Director 1968
Dr. Bhaskar Chaudhuri Ph.D. Co-Founder & Independent Director 1955
Mr. Scott L. Burrows CFO & Principal Accounting Officer 1977
Dr. David W. Osborne Ph.D. Chief Technical Officer 1961
Dr. Patrick E. Burnett M.D., Ph.D. Sr. VP & Chief Medical Officer 1972
Mr. Matthew Richard Moore Sr. VP & Chief Bus. Officer 1974
Ms. Patricia A. Turney Sr. VP of Operations 1967
Mr. Eric McIntyre Head of Investor Relations NA
Ms. Courtney Barton VP and Chief Compliance Officer & Privacy Officer 1983
Mr. Masaru Matsuda Esq., J.D. Sr. VP, Gen. Counsel & Corp. Sec. 1971

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