Anika Therapeutics Inc

Anika Therapeutics Inc

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

13.40USD-0.41 (-2.97%)

Price History

Full chart

Market Stats

Previous Close13.81
Open13.89
Day Range13.26 – 13.97
52-Week Range8.67 – 22.88
Volume87.85K
Market Cap272.61M
P/E (TTM)0.00
Forward P/E21.51
EPS-0.23
Dividend Yield0.00%
Beta0.20
50-Day Avg19.74
200-Day Avg14.67

About

Anika Therapeutics, Inc., a joint preservation company, focuses on early intervention orthopedics in the United States, Europe, and internationally. The company offers osteoarthritis (OA) pain management products and services, such as Monovisc and Orthovisc, which are single- and multi-injection, HA viscosupplement products indicated for pain relief from OA conditions, as well as Cingal, a non-opioid, single-injection OA pain management product; regenerative solutions, including an HA-based scaffold with bone and tendon fixation components and arthroscopic delivery instruments; Hyalofast, a resorbable scaffold used for single stage cartilage regeneration; and Tactoset injectable bone substitute, an HA-enhanced injectable bone repair therapy designed to treat insufficiency fractures and augment hardware fixation. It also provides Integrity, an HA-based scaffold with bone and tendon fixation components and arthroscopic delivery instruments; non-orthopedic products, including Hyvisc, a high molecular weight injectable HA veterinary product for the treatment of joint dysfunction in horses due to non-infectious synovitis associated with equine OA; Hyalobarrier, an anti-adhesion barrier indicated for use after abdominal-pelvic surgeries; and ophthalmic products; and Anikavisc and Nuvisc high molecular weight HA products. The company was founded in 1983 and is headquartered in Bedford, Massachusetts.

Company Details

  • SectorHealthcare
  • IndustryDrug Manufacturers - Specialty & Generic
  • CEOMr. Stephen D. Griffin
  • Employees235
  • Headquarters32 Wiggins Avenue, Bedford, MA, United States, 01730, USA
  • Websitehttps://www.anika.com

Leadership

  • Dr. Cheryl Renee Blanchard Ph.D.Executive Chair · b. 1964
  • Mr. Stephen D. GriffinPresident, Principal Financial Officer, CEO & Director · b. 1986
  • Mr. Ian W. McLeodSenior VP, Chief Accounting Officer & Treasurer · b. 1966
  • Mr. Matthew HallExecutive Director of Corporate Development & Investor Relations
  • Ms. Lisa FunicielloVP & Chief Human Resources Officer
  • Mr. Ben JosephSenior Vice President of Commercial
  • Ms. Mira LeiwantSenior Vice President of Regulatory, Quality & Clinical Affairs

Financials

Income Statement

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.20M4.70M3.40M1.20M12.00M13.90M13.50M16.34M11.31M13.19M15.40M26.47M29.84M26.84M30.83M35.78M40.14M55.56M64.78M71.36M75.08M105.59M93.00M103.38M113.42M105.56M114.61M130.46M147.79M156.24M120.79M119.91M112.82M
Growth (%)-+113.64%-27.66%-64.71%+900.00%+15.83%-2.88%+21.00%-30.75%+16.57%+16.81%+71.81%+12.73%-10.04%+14.86%+16.06%+12.17%+38.42%+16.60%+10.16%+5.22%+40.64%-11.93%+11.16%+9.71%-6.93%+8.58%+13.83%+13.29%+5.71%-22.69%-0.73%-5.91%
Cost of Revenue1.90M3.70M2.80M700.00K4.40M5.20M5.30M8.67M8.23M8.11M8.01M9.95M11.14M11.12M11.88M13.19M13.67M23.83M26.78M28.99M22.77M20.93M21.05M24.03M27.36M31.28M28.75M61.43M64.85M62.66M38.26M43.91M49.01M
Gross Profit300.00K1.00M600.00K500.00K7.60M8.70M8.20M7.66M3.08M5.08M7.40M16.52M18.69M15.72M18.95M22.59M26.47M31.73M37.99M42.37M52.32M84.66M71.95M79.35M86.06M74.28M85.86M69.03M82.94M93.58M82.53M76.00M63.81M
Gross Margin13.64%21.28%17.65%41.67%63.33%62.59%60.74%46.91%27.26%38.51%48.03%62.41%62.65%58.58%61.46%63.14%65.94%57.11%58.65%59.38%69.68%80.18%77.36%76.76%75.87%70.37%74.92%52.91%56.12%59.89%68.33%63.38%56.56%
Operating Expense2.20M2.40M2.50M3.20M4.40M5.50M8.30M8.65M10.49M8.35M6.80M10.13M10.14M10.30M12.36M18.36M20.88M24.19M24.03M22.65M19.71M23.22M23.81M28.75M40.33M52.53M51.62M97.35M80.33M112.98M81.69M81.10M74.86M
Operating Income-1.90M-1.40M-1.90M-2.70M3.20M3.20M-100.00K-983.37K-7.41M-3.27M595.00K6.39M8.55M5.43M6.59M4.23M5.59M7.54M13.97M19.72M32.61M61.45M48.13M50.61M45.73M21.75M34.25M-28.32M2.62M-19.40M844.00K-5.10M-11.05M
Operating Margin-86.36%-29.79%-55.88%-225.00%26.67%23.02%-0.74%-6.02%-65.51%-24.83%3.86%24.14%28.66%20.22%21.37%11.81%13.92%13.57%21.56%27.63%43.43%58.19%51.76%48.95%40.32%20.60%29.88%-21.71%1.77%-12.42%0.70%-4.25%-9.80%
EBITDA-1.60M-1.20M-1.60M-2.10M3.50M3.37M1.10M214.38K-6.18M-2.18M1.60M14.53M9.01M5.81M7.41M5.66M11.18M10.86M17.97M26.78M32.03M66.15M51.91M54.34M50.02M27.66M40.24M-1.00M-4.16M-4.91M17.37M5.36M-3.58M
EBITDA Margin-72.73%-25.53%-47.06%-175.00%29.17%24.27%8.13%1.31%-54.61%-16.52%10.39%54.89%30.20%21.65%24.02%15.82%27.87%19.54%27.74%37.53%42.66%62.65%55.82%52.56%44.10%26.20%35.11%-0.77%-2.82%-3.14%14.38%4.47%-3.17%
Net Income-1.60M-1.40M-2.00M-2.70M3.30M4.30M-2.50M173.55K-6.76M-3.04M827.00K11.19M5.89M4.60M6.04M3.63M3.69M4.32M8.47M11.76M20.57M38.32M30.76M32.55M31.82M18.72M27.19M-23.98M4.13M-14.86M-82.67M-56.38M-10.88M
Net Income Margin-72.73%-29.79%-58.82%-225.00%27.50%30.94%-18.52%1.06%-59.74%-23.05%5.37%42.28%19.75%17.15%19.58%10.14%9.19%7.77%13.07%16.48%27.40%36.29%33.07%31.48%28.05%17.74%23.73%-18.38%2.80%-9.51%-68.44%-47.02%-9.64%
R&D-1.50M1.30M1.60M2.00M2.00M4.20M3.26M4.28M3.93M2.60M4.09M4.73M3.62M4.36M7.40M8.18M6.87M6.17M5.39M7.06M8.14M8.99M10.73M18.79M18.19M16.66M23.43M27.33M28.18M21.76M25.54M25.77M
R&D as % of Total Revenue-31.91%38.24%133.33%16.67%14.39%31.11%19.96%37.84%29.79%16.85%15.44%15.86%13.47%14.16%20.68%20.38%12.37%9.52%7.55%9.40%7.71%9.66%10.38%16.56%17.23%14.54%17.96%18.49%18.04%18.02%21.30%22.84%
Interest Expense0100.00K0100.00K500.00K2.50M200.00K1.17M662.19K239.52K144.00K389.00K1.24M2.10M2.10M498.51K4.38M194.62K182.39K5.26M127.19K58.14K120.00K263.00K473.00K1.46M7.86M800.00K188.00K654.00K2.31M2.34M1.74M
Interest Expense % of Total Revenue0.00%2.13%0.00%8.33%4.17%17.99%1.48%7.18%5.85%1.82%0.93%1.47%4.16%7.83%6.81%1.39%10.91%0.35%0.28%7.38%0.17%0.06%0.13%0.25%0.42%1.38%6.86%0.61%0.13%0.42%1.91%1.95%1.55%

Balance Sheet

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets9.60M7.70M8.00M6.90M28.70M32.40M32.50M28.98M22.92M20.09M21.87M59.54M62.62M68.11M79.50M95.82M130.70M128.94M132.84M142.07M156.04M194.00M235.75M240.25M282.62M278.99M330.71M365.61M347.54M349.13M270.63M202.74M190.27M
Total Liabilities2.90M2.30M2.20M1.90M2.50M2.50M6.80M2.27M2.81M3.02M3.89M29.18M24.73M22.63M24.54M35.06M48.56M43.75M38.08M33.14M20.41M15.90M24.90M17.47M19.13M15.38M42.33M93.20M60.45M63.56M58.37M48.75M46.80M
Total Equity6.70M5.40M5.80M5.00M26.20M29.90M25.70M26.71M20.10M17.06M17.98M30.36M37.89M45.49M54.96M60.76M82.14M85.19M94.76M108.93M135.63M178.10M210.85M222.77M263.49M263.61M288.38M272.40M287.08M285.56M212.26M153.99M143.47M
Cash5.10M2.60M2.80M2.70M22.70M10.70M6.40M8.27M9.06M11.00M14.59M39.34M44.75M47.17M35.90M43.19M24.43M28.20M35.78M44.07M63.33M100.16M110.71M104.26M133.26M89.04M157.46M95.82M94.39M86.33M68.74M55.63M57.48M
Total Debt1.00M1.00M1.00M------------1.60M14.40M12.80M11.20M9.60M------22.51M22.46M20.95M30.89M27.74M25.93M26.25M
Net Debt-4.10M-1.60M-1.80M-2.70M-22.70M-10.70M-6.40M-8.27M-9.06M-11.00M-14.59M-39.34M-44.75M-47.17M-35.90M-41.59M-10.03M-15.40M-24.58M-34.47M-63.33M-100.16M-110.71M-104.26M-133.26M-89.04M-134.96M-73.35M-73.43M-55.44M-41.00M-29.70M-31.23M

Cash Flow

Currency: USD1993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-500.00K-2.40M-1.70M-1.10M2.60M3.40M800.00K-1.88M-4.31M332.03K2.01M23.82M6.45M2.00M4.49M3.41M3.09M7.85M10.17M10.55M25.16M39.98M39.06M23.80M40.81M34.92M37.01M13.06M8.40M4.41M-1.79M5.40M11.19M
Investing Cash Flow-1.40M-200.00K-300.00K--400.00K-14.40M-3.70M3.17M5.11M1.60M1.49M344.00K-1.60M-1.31M-18.28M-12.80M-20.22M-2.68M-1.40M-1.50M-253.16K-8.30M-30.23M-6.76M-12.48M-50.26M39.69M-71.26M-3.12M-7.49M-5.43M-8.33M-401.00K
Financing Cash Flow6.90M100.00K2.30M200.00K17.70M-1.00M-1.40M539.93K539.93K-93.00K579.00K556.00K1.73M2.53M16.69M-1.64M-1.34M-1.17M-758.85K-5.69M5.33M1.92M-23.35M314.00K-28.90M-8.14M-3.77M-6.78M-4.85M-6.32M-12.73M-10.55M
Capital Expenditure1.40M200.00K300.00K400.00K300.00K2.20M1.70M505.35K908.47K88.91K256.00K474.00K1.60M1.31M14.76M16.25M3.96M2.78M1.40M1.50M440.89K1.55M9.22M14.01M8.98M4.66M2.83M1.63M5.14M7.49M5.43M7.73M6.83M
Free Cash Flow-1.90M-2.60M-2.00M-1.10M2.30M1.20M-900.00K-2.39M-5.22M243.12K1.76M23.35M4.85M695.37K-10.26M-12.84M-867.53K5.07M8.77M9.04M24.72M38.43M29.84M9.79M31.83M30.26M34.18M11.44M3.25M-3.08M-7.21M-2.33M4.36M
Dividends Paid----------------33.64B-0000000--1.26M642.00K253.00K---
FCF to OCF380.00%108.33%117.65%100.00%88.46%35.29%-112.50%126.83%121.06%73.22%87.28%98.01%75.20%34.75%-228.44%-376.82%-28.03%64.54%86.23%85.74%98.25%96.12%76.38%41.12%78.00%86.67%92.36%87.54%38.75%-69.79%403.52%-43.14%38.99%
Dividend Paid to FCF-----------------3877762.52%-0.00%0.00%0.00%0.00%0.00%0.00%0.00%--11.03%19.73%-8.22%---

Earnings

Report DateAug 21, 1997Oct 23, 1997Feb 24, 1998Apr 15, 1998Jul 21, 1998Oct 22, 1998Feb 25, 1999Apr 21, 1999Jul 22, 1999Oct 21, 1999Mar 15, 2000Apr 27, 2000Jun 30, 2000Sep 30, 2000Dec 31, 2000Mar 31, 2001Jun 30, 2001Sep 30, 2001Dec 31, 2001Mar 31, 2002Jun 30, 2002Sep 30, 2002Mar 31, 2003Jul 31, 2003Nov 7, 2003Feb 27, 2004Apr 29, 2004Aug 6, 2004Oct 29, 2004Feb 23, 2005Apr 27, 2005Jul 27, 2005Oct 18, 2005Mar 2, 2006Apr 25, 2006Jul 24, 2006Oct 24, 2006Feb 28, 2007Apr 26, 2007Jul 24, 2007Nov 5, 2007Mar 5, 2008Apr 30, 2008Jul 22, 2008Nov 3, 2008Mar 5, 2009Apr 29, 2009Jul 22, 2009Oct 27, 2009Mar 17, 2010May 10, 2010Aug 9, 2010Nov 8, 2010Mar 9, 2011May 5, 2011Aug 5, 2011Nov 2, 2011Feb 29, 2012May 3, 2012Aug 1, 2012Oct 30, 2012Feb 27, 2013May 1, 2013Jul 31, 2013Oct 30, 2013Feb 26, 2014Apr 29, 2014Jul 30, 2014Oct 29, 2014Feb 25, 2015Apr 28, 2015Jul 29, 2015Oct 28, 2015Feb 24, 2016Apr 27, 2016Jul 27, 2016Oct 26, 2016Feb 15, 2017May 3, 2017Jul 26, 2017Oct 25, 2017Feb 21, 2018May 2, 2018Jul 25, 2018Oct 24, 2018Feb 21, 2019May 2, 2019Jul 24, 2019Oct 24, 2019Feb 20, 2020May 7, 2020Jul 30, 2020Nov 4, 2020Mar 4, 2021May 6, 2021Aug 5, 2021Nov 4, 2021Mar 8, 2022May 5, 2022Aug 3, 2022Nov 8, 2022Mar 6, 2023May 9, 2023Aug 8, 2023Nov 2, 2023Mar 13, 2024May 8, 2024Aug 8, 2024Oct 31, 2024Mar 12, 2025May 9, 2025Jul 30, 2025Nov 5, 2025Feb 26, 2026Apr 29, 2026Jul 29, 2026Nov 4, 2026
EPS Estimate0.020.030.410.060.050.050.100.030.03-0.010.03---------------0.040.050.060.060.070.100.080.040.080.100.110.110.110.120.150.140.090.060.110.130.090.080.10-0.110.120.130.14--0.110.130.170.150.160.240.170.270.150.420.240.450.330.480.210.340.350.600.270.440.470.530.380.440.420.440.250.290.310.330.200.400.390.420.22-0.140.130.140.01-0.030.05-0.25-0.31-0.21-0.23-0.24-0.32-0.32-0.35-0.260.050.200.30-0.110.09-0.13-0.19-0.19-0.16-0.190.02
EPS Actual0.05-0.050.350.060.220.070.070.030.040.000.04-0.06-0.02-0.140.24-0.23-0.27-0.13-0.05-0.18-0.12-0.07-0.03-0.010.040.070.070.070.080.150.100.120.220.070.080.120.120.090.110.120.160.150.050.070.100.100.050.080.130.060.050.080.090.100.020.170.220.210.140.260.110.410.200.400.320.440.970.600.400.510.230.510.550.720.450.570.590.540.370.760.460.38-0.460.680.530.540.310.670.640.430.450.090.050.120.060.090.05-0.40-0.11-0.12-0.05-0.34-0.360.06-0.45-4.300.090.17-0.25-0.14-0.06-0.13-0.170.130.270.30-
Surprise150.00%-266.67%-14.63%0.00%340.00%40.00%-30.00%0.00%33.33%104.00%33.33%---------------75.00%40.00%33.33%150.00%42.86%20.00%175.00%75.00%0.00%20.00%9.09%-18.18%0.00%0.00%6.67%7.14%-44.44%16.67%-9.09%-23.08%-44.44%0.00%30.00%--54.55%-33.33%-30.77%-28.57%--100.00%61.54%-17.65%73.33%-31.25%70.83%17.65%48.15%113.33%4.76%304.17%33.33%21.21%6.25%9.52%50.00%57.14%20.00%66.67%29.55%25.53%1.89%-2.63%72.73%9.52%-13.64%-284.00%134.48%70.97%63.64%55.00%67.50%64.10%2.38%104.55%164.29%-61.54%-14.29%500.00%400.00%0.00%-60.00%64.52%42.86%78.26%-41.67%-12.50%118.75%-28.57%-1553.85%80.00%-15.00%-183.33%-27.27%-166.67%0.00%10.53%168.42%268.75%257.89%-
Timing--------Pre-marketPre-marketPre-market----------------Pre-marketPre-market-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-----After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap272.61M
Enterprise Value260.52M
Trailing P/E0.00
Forward P/E21.51
PEG Ratio2.15
Price / Sales2.26
Price / Book1.99
EPS-0.23
Book Value10.26
Revenue (TTM)120.65M
Gross Profit (TTM)75.00M
EBITDA3.04M
Profit Margin-3.14%
Operating Margin11.43%
Return on Equity-2.19%
Return on Assets-0.87%
Shares Outstanding13.38M
Shares Float11.29M
Beta0.20
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 3 analystsTarget 22.00
  • Strong Buy
    2
  • Buy
    1

Ownership Breakdown

Institutions
93.45%
Insiders
6.40%
Retail / Other
0.15%

Top Institutional Holders

  • BlackRock Inc
    1.59M11.92%
  • Caligan Partners LP
    1.44M10.72%
  • Morgan Stanley - Brokerage Accounts
    872.07K6.52%
  • Acadian Asset Management LLC
    606.54K4.53%
  • Vanguard Capital Management, LLC
    605.78K4.53%
  • BOOTHBAY FUND MANAGEMENT, LLC
    529.50K3.96%
  • Renaissance Technologies Corp
    502.22K3.75%
  • Dimensional Fund Advisors, Inc.
    451.10K3.37%
  • Capital Management Corp
    448.47K3.35%
  • Deutsche Bank AG
    353.17K2.64%
  • State Street Corp
    346.09K2.59%
  • Geode Capital Management, LLC
    330.05K2.47%
  • AQR Capital Management LLC
    272.27K2.03%
  • Jacobs Levy Equity Management, Inc.
    265.63K1.98%
  • Two Sigma Investments LLC
    252.96K1.89%
  • D. E. Shaw & Co LP
    245.07K1.83%
  • The Goldman Sachs Group Inc
    217.88K1.63%
  • Hillsdale Investment Management Inc.
    138.82K1.04%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    397.82K2.97%
  • iShares Russell 2000 ETF
    306.64K2.29%