Fortress Biotech Inc

Fortress Biotech Inc

FBIO · NASDAQ · Healthcare / Biotechnology

1.88USD-0.11 (-5.53%)

Price History

Full chart

Market Stats

Previous Close1.99
Open1.92
Day Range1.76 – 1.94
52-Week Range2.18 – 4.53
Volume310.60K
Market Cap76.04M
P/E (TTM)0.84
Forward P/E1.23
EPS2.70
Dividend Yield0.00%
Beta1.19
50-Day Avg2.85
200-Day Avg3.00

About

Fortress Biotech, Inc., together with its subsidiaries, operates as a biopharmaceutical company in the United States and internationally. The company offers Emrosi, a minocycline hydrochloride extended-release capsule for the treatment of rosacea; Qbrexza a medicated cloth towelette for the treatment of axillary hyperhidrosis; Accutane, an oral isotretinoin drug for the treatment of severe recalcitrant nodular acne; Amzeeq, a minocycline topical foam for the treatment of lesions of non-nodular moderate to severe acne vulgaris; Zilxi, a minocycline topical foam for the treatment of lesions of rosacea; Exelderm, an antifungal cream for topical use; Targadox, an oral doxycycline drug for the therapy of severe acne; Luxamend, a water-based emulsion for the treatment of superficial wounds, minor cuts or scrapes, dermal ulcers, donor sites, first and second-degree burns, and radiation dermatitis; and UNLOXCYT, a death-ligand 1 blocking antibody for the treatment of metastatic cutaneous squamous cell carcinoma. It also develops CUTX-101, a copper histidinate injection, which is in FDA approved stage for the treatment of Menkes disease; IV Tramadol, an intravenous formulation, which is in NDA/BLA filed stage for the treatment of post-operative acute pain; Dotinurad, a urate transporter inhibitor, which is in Phase III for the treatment of gout and chronic kidney diseases; CAEL-101, a light chain fibril-reactive monoclonal antibody, which is in Phase III for the treatment of amyloid light chain amyloidosis; and Triplex, a universal recombinant modified vaccinia ankara viral vector vaccine, which is in Phase II for the treatment of cytomegalovirus, anti-human immunodeficiency virus, non-hodgkin lymphoma, and acute lymphoblastic leukemia. The company was formerly known as Coronado Biosciences, Inc. and changed its name to Fortress Biotech, Inc. in April 2015. Fortress Biotech, Inc. was incorporated in 2006 and is based in Bay Harbor Islands, Florida.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEODr. Lindsay Allan Rosenwald M.D.
  • Employees78
  • Headquarters1111 Kane Concourse, Bay Harbor Islands, FL, United States, 33154, USA
  • Websitehttps://www.fortressbiotech.com

Leadership

  • Dr. Lindsay Allan Rosenwald M.D.Executive Chairman, President & CEO · b. 1955
  • Mr. David JinCFO & Head of Corporate Development · b. 1990
  • Dr. Xiaoqin Lu M.D.Chief Strategy Officer · b. 1975
  • Mr. Michael S. Weiss Esq., J.D.Executive Vice Chairman of Strategic Development & Director · b. 1966

Financials

Income Statement

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue---0000863.00K16.48M187.58M26.88M36.63M45.60M68.79M75.74M84.51M57.67M63.26M
Growth (%)--------+1809.62%+1038.25%-85.67%+36.26%+24.49%+50.86%+10.11%+11.58%-31.76%+9.69%
Cost of Revenue---22.00K00051.37M11.35M161.20M6.13M10.53M14.59M32.08M30.77M22.89M20.88M20.92M
Gross Profit---0000863.00K5.13M26.38M20.76M26.10M31.00M36.71M44.97M61.62M36.80M42.34M
Gross Margin-------100.00%31.13%14.06%77.22%71.25%67.99%53.36%59.37%72.91%63.80%66.92%
Operating Expense---35.04M27.18M35.78M20.65M51.39M70.84M116.18M140.75M136.92M125.28M225.25M248.53M203.96M147.18M112.56M
Operating Income-3.24M-2.61M-9.24M-35.04M-27.18M-35.78M-20.65M-50.53M-65.71M-89.80M-120.00M-110.82M-94.27M-188.54M-203.56M-142.34M-110.38M-70.22M
Operating Margin--------5855.27%-398.73%-47.87%-446.38%-302.54%-206.74%-274.08%-268.76%-168.43%-191.38%-111.00%
EBITDA-3.23M-2.61M-8.45M-35.04M-27.18M-35.76M-20.63M-52.37M-66.87M-88.57M-118.40M-88.48M-87.82M-146.17M-193.69M-135.72M-104.49M-20.16M
EBITDA Margin--------6068.71%-405.77%-47.21%-440.45%-241.55%-192.59%-212.48%-255.73%-160.59%-181.17%-31.88%
Net Income-3.80M-3.67M-9.98M-36.36M-27.61M-37.16M-20.39M-48.43M-55.09M-66.88M-84.15M-39.96M-46.53M-64.70M-86.58M-60.64M-46.00M6.82M
Net Income Margin--------5611.59%-334.31%-35.65%-313.02%-109.09%-102.03%-94.06%-114.30%-71.75%-79.75%10.77%
R&D2.90M2.27M8.34M29.29M18.51M25.68M10.24M29.81M35.13M52.49M87.38M81.33M64.11M128.87M134.88M106.07M56.88M11.90M
R&D as % of Total Revenue-------3454.23%213.19%27.98%325.06%222.03%140.59%187.33%178.07%125.51%98.62%18.81%
Interest Expense573.00K1.05M313.00K74.00K670.00K1.90M1.34M1.48M3.69M7.69M10.34M11.85M15.33M15.31M13.64M12.52M9.93M8.71M
Interest Expense % of Total Revenue-------171.96%22.39%4.10%38.46%32.35%33.61%22.25%18.01%14.81%17.21%13.77%

Balance Sheet

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-1.69M14.94M23.38M40.99M100.58M89.33M118.61M170.73M245.95M140.99M226.42M333.41M396.50M294.30M167.53M144.22M185.55M
Total Liabilities-11.78M1.56M4.24M18.96M19.30M18.81M34.34M87.76M125.45M121.25M153.89M136.41M170.63M244.28M165.94M145.87M123.36M
Total Equity--10.09M13.38M19.13M22.03M81.28M70.52M84.27M38.49M52.57M1.85M26.21M100.34M108.67M41.72M22.54M22.74M49.87M
Cash-1.51M14.86M23.16M40.20M99.52M49.76M98.18M88.29M113.92M65.51M136.86M233.35M305.74M178.27M80.93M57.26M79.38M
Total Debt-570.00K-750.00K14.58M13.62M14.17M23.32M28.21M62.50M79.50M115.14M89.08M74.98M127.34M84.66M75.96M74.30M
Net Debt--940.00K-14.86M-22.41M-27.81M-85.90M-35.75M-75.01M-60.08M-47.41M13.99M-21.72M-144.28M-230.77M-50.92M3.73M18.70M-5.08M

Cash Flow

Currency: USD2008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-3.52M-2.35M-5.68M-10.95M-23.19M-29.65M-16.33M-20.38M-45.81M-85.43M-98.85M-94.96M-83.68M-116.54M-179.40M-128.22M-80.19M-65.78M
Investing Cash Flow--2.00K-13.00K-3.84M-279.00K-188.00K-23.27M7.88M-6.06M-41.63M18.82M20.10M-7.16M40.51M-22.93M-2.10M-15.00M10.12M
Financing Cash Flow3.44M3.86M19.04M23.09M40.51M89.16M-10.15M60.92M42.91M150.38M50.65M146.71M172.41M148.99M75.32M32.74M70.64M77.44M
Capital Expenditure02.00K13.00K3.84M279.00K188.00K011.98M10.51M5.45M9.36M9.39M7.16M16.35M3.06M8.10M15.00M0
Free Cash Flow-3.52M-2.35M-5.69M-14.79M-23.47M-29.83M-16.33M-32.36M-56.32M-90.88M-108.20M-104.36M-90.85M-132.89M-182.46M-136.32M-95.19M-65.78M
Dividends Paid---017.30M1.90M0299.00K299.00K299.00K2.34M2.56M6.75M8.78M8.78M8.77M4.71M664.00K
FCF to OCF100.00%100.09%100.23%135.09%101.20%100.63%100.00%158.79%122.93%106.37%109.47%109.89%108.56%114.03%101.70%106.32%118.71%100.00%
Dividend Paid to FCF---0.00%-73.72%-6.36%0.00%-0.92%-0.53%-0.33%-2.17%-2.45%-7.43%-6.61%-4.81%-6.43%-4.95%-1.01%

Earnings

Report DateNov 30, 2011Mar 29, 2012May 15, 2012Aug 8, 2012Nov 14, 2012Mar 14, 2013May 8, 2013Aug 5, 2013Nov 1, 2013Mar 14, 2014May 12, 2014Aug 11, 2014Nov 6, 2014Mar 16, 2015May 11, 2015Aug 10, 2015Nov 9, 2015Mar 15, 2016May 10, 2016Aug 9, 2016Nov 9, 2016Mar 16, 2017May 10, 2017Aug 9, 2017Nov 9, 2017Mar 16, 2018May 10, 2018Aug 9, 2018Nov 9, 2018Mar 18, 2019May 10, 2019Aug 9, 2019Nov 12, 2019Mar 16, 2020May 11, 2020Aug 10, 2020Nov 9, 2020Mar 31, 2021May 16, 2021Aug 16, 2021Nov 15, 2021Mar 23, 2022May 12, 2022Aug 11, 2022Nov 14, 2022Mar 29, 2023May 15, 2023Aug 14, 2023Nov 14, 2023Mar 28, 2024May 15, 2024Aug 13, 2024Nov 14, 2024Mar 26, 2025May 15, 2025Aug 14, 2025Nov 14, 2025Dec 31, 2025May 14, 2026Aug 13, 2026Nov 13, 2026
EPS Estimate--0.32-4.60-5.25-4.20-0.28-4.10-4.50-5.20-0.22-3.00-3.15-3.30--1.65-2.10-1.95-1.35--4.35-3.00-0.31-5.40-4.42-6.37-0.63-6.00-8.80-8.55-0.58-8.70-6.00-5.10-0.31-3.60-2.50-2.10-0.14-0.70-1.80-2.850.180.15-1.12-1.05-0.220.45-0.90-1.50-1.97-1.73-1.22-0.27-0.75-0.44-0.31-0.620.11-0.22-0.20-
EPS Actual-7.18-0.52-5.25-5.10-3.60-0.32-5.25-5.70-3.60-0.27-3.15-1.95-1.95-0.10-1.80-1.77-6.19-4.42-0.31-4.65-4.80-0.44-4.50-6.45-10.05-0.22-7.35-7.50-5.55-0.580.30-3.60-3.30-0.27-2.91-2.84-3.02-0.05-1.35-2.558.10-0.38-1.05-1.50-1.20-0.30-0.90-1.05-0.94-1.28-1.03-0.73-0.76-0.30-0.48-0.510.11-0.212.82-0.08-
Surprise--62.50%-14.13%2.86%14.29%-14.29%-28.05%-26.67%30.77%-22.73%-5.00%38.10%40.91%--9.09%15.71%-217.44%-227.41%--6.90%-60.00%-41.94%16.67%-45.93%-57.77%65.08%-22.50%14.77%35.09%0.00%103.45%40.00%35.29%12.90%19.17%-13.60%-43.81%64.29%-92.86%-41.67%384.21%-311.11%-800.00%-33.93%-14.29%-36.36%-300.00%-16.67%37.33%35.03%40.46%40.16%-181.48%60.09%-9.09%-64.52%117.74%-290.91%1381.82%60.00%-
Timing--Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-market-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap76.04M
Enterprise Value-65.22M
Trailing P/E0.84
Forward P/E1.23
PEG Ratio-0.10
Price / Sales1.11
Price / Book0.48
EPS2.70
Book Value4.93
Revenue (TTM)68.47M
Gross Profit (TTM)43.32M
EBITDA-24.98M
Profit Margin163.32%
Operating Margin-53.46%
Return on Equity115.99%
Return on Assets-7.76%
Shares Outstanding33.35M
Shares Float21.44M
Beta1.19
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 2 analystsTarget 5.00
  • Strong Buy
    1
  • Buy
    1

Ownership Breakdown

Institutions
31.43%
Insiders
22.70%
Retail / Other
45.87%

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  • Northern Trust Corp
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  • BlackRock Inc
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    182.37K0.55%
  • Vanguard Fiduciary Trust Co
    142.53K0.43%
  • HB Wealth Management, LLC
    116.67K0.35%
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  • State Street Corp
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Top Fund Holders

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  • Mackenzie GQE US Small Cap F8
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Stock Splits

  • Oct 10, 20231:15