Alvotech

Alvotech

ALVO · NASDAQ · Healthcare / Drug Manufacturers - Specialty & Generic

4.19USD-0.48 (-10.28%)

Price History

Full chart

Market Stats

Previous Close4.67
Open4.58
Day Range4.13 – 4.63
52-Week Range2.94 – 9.05
Volume2.09M
Market Cap2.10B
P/E (TTM)0.00
Forward P/E15.24
EPS-0.62
Dividend Yield0.00%
Beta0.22
50-Day Avg4.44
200-Day Avg4.17

About

Alvotech, through its subsidiaries, develops and manufactures biosimilar medicines for patients worldwide. It offers biosimilar products in the therapeutic areas of autoimmune, eye, and bone disorders, as well as cancer. The company provides AVT02, a high concentration, low-volume adalimumab formulation biosimilar to Humira to treat various inflammatory conditions, including rheumatoid arthritis, psoriatic arthritis, Crohn's disease, ankylosing spondylitis ulcerative colitis, and other indications; AVT04, a biosimilar to Stelara to treat various inflammatory conditions comprising psoriatic arthritis, Crohn's disease, ulcerative colitis, plaque psoriasis, and other indications; AVT06, a biosimilar to Eylea to treat various conditions, such as neovascular age-related macular degeneration, macular edema following retinal vein occlusion, diabetic macular edema and diabetic retinopathy; and AVT03, a biosimilar to Xgeva and Prolia to treat prevent bone fracture, spinal cord compression, and the need for radiation or bone surgery in patients with certain types of cancer, as well as prevent bone loss and increase bone mass. In addition, it offers AVT05, a biosimilar to Simponi and Simponi Aria to treat various inflammatory conditions, including rheumatoid arthritis, psoriatic arthritis, ulcerative colitis, and other indications; AVT16, a biosimilar to an Entyvio product for the treatment of adult patients with moderate to severe ulcerative colitis and moderate to severely active Crohn's disease; AVT23, a biosimilar to Xolair to treat allergic asthma, chronic spontaneous urticaria (CSU), and nasal polyp; and AVT33, a biosimilar to Keytruda product which is in early phase development. Alvotech was founded in 2013 and is based in Luxembourg, Luxembourg.

Company Details

  • SectorHealthcare
  • IndustryDrug Manufacturers - Specialty & Generic
  • CEOMs. Lisa Graver
  • Employees1.28K
  • Headquarters9, Rue de Bitbourg, Luxembourg, Luxembourg, 1273, USA
  • Websitehttps://www.alvotech.com

Leadership

  • Mr. Vilhelm Robert WessmanFounder & Executive Chairman · b. 1969
  • Ms. Lisa GraverChief Executive Officer · b. 1972
  • Ms. Linda JonsdottirChief Financial Officer · b. 1978
  • Mr. Joseph E. McClellanChief Operating Officer · b. 1974
  • Ms. Neha PatelChief Information Officer
  • Mr. Benedikt StefanssonVice President of Investor Relations & Global Communications
  • Ms. Sarah MacleodHead of Global Communications
  • Ms. Kathryn GunnarssonSenior Vice President of Global Talent & People Experience
  • Mr. Anthony M. Maffia IIIChief Quality & Regulatory Officer
  • Dr. Balaji Venkataramanan Prasad M.D.Chief Strategy Officer

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue31.92M66.62M36.77M83.03M91.43M489.68M586.32M
Growth (%)-+108.71%-44.80%+125.79%+10.12%+435.56%+19.74%
Cost of Revenue-0064.09M160.86M185.31M235.56M
Gross Profit31.92M66.62M36.77M18.93M-69.42M304.37M350.76M
Gross Margin100.00%100.00%100.00%22.80%-75.93%62.16%59.82%
Operating Expense93.37M204.15M272.23M365.38M285.44M234.73M272.56M
Operating Income-61.45M-137.54M-235.46M-346.44M-354.86M69.64M78.21M
Operating Margin-192.52%-206.46%-640.31%-417.25%-388.11%14.22%13.34%
EBITDA-99.02M-177.88M-18.03M-439.80M-493.67M-32.27M323.39M
EBITDA Margin-310.24%-267.03%-49.03%-529.69%-539.92%-6.59%55.16%
Net Income-209.88M-170.04M-101.50M-513.58M-551.73M-231.86M27.92M
Net Income Margin-657.55%-255.26%-276.04%-618.55%-603.42%-47.35%4.76%
R&D95.56M148.07M191.01M180.62M210.83M171.31M184.19M
R&D as % of Total Revenue299.38%222.28%519.43%217.54%230.58%34.98%31.42%
Interest Expense95.75M97.47M112.97M91.44M134.82M157.60M149.19M
Interest Expense % of Total Revenue300.00%146.31%307.22%110.13%147.45%32.18%25.45%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-474.42M597.98M828.44M950.09M1.22B1.49B
Total Liabilities-1.34B733.59M1.39B1.88B1.63B1.77B
Total Equity--867.24M-135.61M-564.42M-932.49M-412.77M-284.49M
Cash-31.69M17.56M66.43M11.16M51.43M172.36M
Total Debt-676.85M523.05M805.10M1.08B1.19B1.45B
Net Debt-645.16M505.50M738.67M1.06B1.14B1.28B

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-88.55M-74.30M-228.17M-312.39M-312.19M-236.84M-50.20M
Investing Cash Flow-12.88M-16.90M-40.63M-63.54M-46.34M-18.87M-104.22M
Financing Cash Flow116.37M55.40M254.83M424.91M301.32M297.31M270.83M
Capital Expenditure8.05M11.98M40.63M49.00M46.47M57.00M64.47M
Free Cash Flow-96.60M-86.28M-268.80M-361.39M-358.66M-293.84M-114.67M
Dividends Paid---184.76M---
FCF to OCF109.09%116.13%117.81%115.69%114.89%124.07%228.43%
Dividend Paid to FCF----51.12%---

Earnings

Report DateMar 31, 2021May 20, 2021Aug 16, 2021Nov 15, 2021Mar 30, 2022May 16, 2022Aug 31, 2022Nov 15, 2022Mar 1, 2023May 19, 2023Aug 30, 2023Nov 28, 2023Mar 20, 2024May 21, 2024Aug 15, 2024Nov 13, 2024Mar 26, 2025May 7, 2025Aug 13, 2025Nov 12, 2025Mar 18, 2026May 5, 2026Aug 19, 2026Nov 11, 2026
EPS Estimate------0.000.020.00-1.24-0.14-0.07-0.07-0.08-0.02-0.06-0.030.03-0.00-0.03-0.08-0.07-0.060.00
EPS Actual-0.300.23-0.010.04-0.13-3.25-0.74-0.03-1.51-1.24-0.14-0.82-1.22-0.890.18-0.48-0.240.350.03-0.110.01-0.09-0.11-
Surprise--------273.00%-0.00%0.00%-1071.43%-1642.86%-1012.50%1000.00%-700.00%-700.00%1066.67%1404.35%-266.67%112.00%-28.57%-83.33%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap2.10B
Enterprise Value3.39B
Trailing P/E0.00
Forward P/E15.24
Price / Sales4.24
Price / Book0.00
EPS-0.62
Book Value-0.537
Revenue (TTM)494.61M
Gross Profit (TTM)300.04M
EBITDA75.73M
Profit Margin-36.31%
Operating Margin-11.05%
Return on Equity0.00%
Return on Assets2.19%
Shares Outstanding356.82M
Shares Float140.79M
Beta0.22
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 4 analystsTarget 6.80
  • Strong Buy
    2
  • Hold
    2

Ownership Breakdown

Institutions
12.76%
Insiders
59.68%
Retail / Other
27.56%

Top Fund Holders

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    1.05M0.30%
  • Stefnir Icelandic Growth
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  • L&G Frontier Markets Eq Z USD Acc
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  • Eaton Vance Glbl Macro Abs Ret Advtg I
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  • Vanguard FTSE All-Wld ex-US ETF
    275.83K0.08%
  • iShares Genomics Immnlgy & Hlthcr ETF
    271.88K0.08%
  • iShares Nasdaq US Biotech ETF USD Acc
    248.99K0.07%
  • Fidelity Nasdaq Composite Index
    192.74K0.05%
  • Eaton Vance Glbl Macr Absolute Return I
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  • Schwab Emerging Markets Equity ETF™
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  • Fidelity Nasdaq Composite ETF
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  • Vanguard Total World Stock ETF
    124.61K0.03%
  • Vanguard FTSE All-World UCITS ETF
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