Harrow Health Inc

Harrow Health Inc

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

30.12USD+1.82 (+6.43%)

Price History

Full chart

Market Stats

Previous Close28.30
Open28.37
Day Range28.31 – 31.10
52-Week Range28.54 – 54.85
Volume736.43K
Market Cap1.24B
P/E (TTM)0.00
Forward P/E46.73
EPS-0.99
Dividend Yield0.00%
Beta0.24
50-Day Avg38.65
200-Day Avg40.86

About

Harrow, Inc., an eyecare pharmaceutical company, engages in the discovery, development, and commercialization of ophthalmic pharmaceutical products in the United States. It operates through Branded and ImprimisRx segments. The company offers ImprimisRx, an ophthalmology-focused compounded medications. It also provides IHEEZO, a chloroprocaine hydrochloride ophthalmic gel; ophthalmic solutions, including IOPIDINE, VEVYE, and ZERVIATE, as well as BYQLOVI; MAXITROL eye drops; ILEVRO and NEVANAC, a non-steroidal and anti-inflammatory eye drop for pain and inflammation associated with cataract surgery; BYOOVIZ, a LUCENTIS biosimilar indicated for the treatment of patients with Neovascular (Wet) age-related macular degeneration (AMD), macular edema following retinal vein occlusion (RVO), and myopic choroidal neovascularization (mCNV); VIGAMOX, a fluoroquinolone antibiotic eye drop for the treatment of bacterial conjunctivitis; OPUVIZ, an EYLEA biosimilar indicated for the treatment of patients with Wet AMD, macular edema following RVO, diabetic macular edema (DME), and diabetic retinopathy (DR); MAXIDEX and FLAREX, a steroid eye drop for steroid-responsive inflammatory conditions of the palpebral and bulbar conjunctiva, cornea, and anterior segment of the globe and the eye; TRIESENCE, a steroid injection for the treatment of ophthalmic diseases and for visualization during vitrectomy; and NATACYN, a sterile, antifungal drug for the treatment of fungal blepharitis, conjunctivitis, and keratitis. In addition, it offers TOBRADEX ST, a tobramycin and dexamethasone ophthalmic suspension; VERKAZIA cyclosporine ophthalmic emulsion; NEVANAC, a non-steroidal, anti-inflammatory eye drop; and FRESHKOTE preservative free (PF) is a lubricant eye drop. The company was formerly known as Harrow Health, Inc. and changed its name to Harrow, Inc. in September 2023. Harrow, Inc. was founded in 1998 and is headquartered in Nashville, Tennessee.

Company Details

  • SectorHealthcare
  • IndustryDrug Manufacturers - Specialty & Generic
  • CEOMr. Mark L. Baum J.D.
  • Employees373
  • Headquarters1A Burton Hills Boulevard, Nashville, TN, United States, 37215, USA
  • Websitehttps://www.harrow.com

Leadership

  • Mr. Mark L. Baum J.D.CEO, Chairman of the Board & Founder · b. 1972
  • Mr. Andrew R. Boll C.F.A., C.M.A.President, CFO & Chief Accounting Officer · b. 1982
  • Dr. Amir W. Shojaei Ph.D., Pharm.D.Chief Scientific Officer · b. 1968
  • Mr. Francis W. MulleryPresident & CEO of Harrow's ImprimisRx Division
  • Mr. Michael D. BiegaVice President of Investor Relations & Communications
  • Mr. Brett A. BurrellVice President of Legal & Compliance
  • Ms. Kim BarrattChief Talent Officer
  • Dr. Mark A. Mannebach Ph.D., R.Ph.Head of Regulatory Affairs & Pharmacovigilance
  • Dr. Prashanth S. AnnavajjhalaChief of Staff
  • Mr. Patrick W. SullivanChief Commercial Officer · b. 1976

Financials

Income Statement

Currency: USD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-------100.00K10.00K1.66M9.72M19.94M26.77M41.37M51.16M48.87M72.48M88.59M130.19M199.61M272.30M
Growth (%)---------90.00%+16500.00%+485.30%+105.25%+34.26%+54.52%+23.67%-4.48%+48.30%+22.24%+46.95%+53.32%+36.41%
Cost of Revenue400.00K---1.06K--4.28M7.69M1.09M5.21M9.83M13.51M16.52M16.75M14.46M18.21M25.38M39.64M49.24M67.93M
Gross Profit-400.00K------100.00K10.00K567.41K4.51M10.11M13.27M24.85M34.42M34.41M54.26M63.21M90.55M150.37M204.37M
Gross Margin-------100.00%100.00%34.18%46.42%50.70%49.56%60.07%67.26%70.41%74.87%71.35%69.55%75.33%75.05%
Operating Expense-353.79K------4.28M7.70M10.71M19.33M25.99M25.43M30.07M39.21M34.02M52.65M61.29M90.12M141.55M165.76M
Operating Income-46.21K-580.00K-2.86M-3.75M-4.56M-2.50M-939.00K-4.18M-7.69M-10.15M-14.82M-15.88M-12.16M-5.22M-4.79M385.00K1.61M1.92M431.00K8.82M38.61M
Operating Margin--------4179.00%-76868.79%-611.27%-152.55%-79.64%-45.43%-12.61%-9.37%0.79%2.23%2.17%0.33%4.42%14.18%
EBITDA-46.21K-590.00K-2.52M-4.12M-4.55M-2.50M-879.00K-5.36M-7.64M-10.06M-14.21M-14.17M-10.40M-3.37M1.91M2.62M5.10M-3.94M11.95M22.13M41.36M
EBITDA Margin--------5356.00%-76374.65%-606.14%-146.27%-71.07%-38.84%-8.16%3.73%5.35%7.04%-4.44%9.18%11.08%15.19%
Net Income-46.21K-580.00K-4.29M-3.30M-4.55M-2.53M-954.00K-5.38M-7.64M-10.12M-15.90M-19.09M-11.98M14.63M168.00K-3.36M-18.01M-14.09M-24.41M-17.48M-5.14M
Net Income Margin--------5384.00%-76431.24%-609.52%-163.64%-95.71%-44.76%35.35%0.33%-6.87%-24.85%-15.90%-18.75%-8.76%-1.89%
R&D150.00K150.00K1.83M1.99M2.97M194.59K111.55K1.30M1.62M236.66K332.00K739.00K413.00K825.00K2.08M2.41M11.08M3.05M6.65M12.23M12.85M
R&D as % of Total Revenue-------1299.00%16160.82%14.26%3.42%3.71%1.54%1.99%4.07%4.94%15.29%3.44%5.11%6.13%4.72%
Interest Expense10.00K10.00K1.56M00075.00K24.66K03.80K1.12M2.78M3.03M2.73M2.50M2.24M5.44M7.24M21.32M22.79M24.18M
Interest Expense % of Total Revenue-------24.66%0.00%0.23%11.54%13.96%11.30%6.59%4.89%4.58%7.50%8.18%16.38%11.42%8.88%

Balance Sheet

Currency: USD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets39.94K25.23K4.24M5.34M1.67M352.29K160.96K10.71M15.76M10.24M14.13M27.25M23.92M49.45M59.09M57.47M98.33M157.02M311.75M388.97M399.48M
Total Liabilities4.95K3.88K750.24K763.99K1.09M1.39M1.86M709.56K650.63K2.09M15.52M20.82M21.30M24.70M31.67M30.65M87.40M130.14M241.75M319.67M347.39M
Total Equity34.99K21.35K3.49M4.57M577.21K-1.04M-1.70M10.00M15.11M8.15M-1.39M6.43M2.62M24.75M27.71M27.18M11.29M26.89M70.36M69.65M52.45M
Cash39.94K16.98K3.71M5.11M1.59M291.46K146.16K10.04M15.58M8.21M2.69M8.85M4.02M6.64M4.75M4.10M42.17M96.27M74.08M47.25M72.93M
Total Debt-3.88M3.88M--1.06M1.43M--43.00K8.62M13.69M15.33M15.25M20.99M23.53M77.96M104.90M190.50M228.83M251.98M
Net Debt-39.94K-16.98K-3.71M-5.11M-1.59M764.02K1.28M-10.04M-15.58M-8.17M5.93M4.83M11.31M8.61M16.24M19.43M35.79M7.90M116.42M181.58M179.05M

Cash Flow

Currency: USD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-40.06K-60.00K-1.76M-2.53M-3.57M-2.30M-291.16K-1.90M-4.44M-7.06M-11.14M-11.21M-8.80M687.00K950.00K-1.10M5.08M1.71M3.84M-22.20M43.86M
Investing Cash Flow----3.15K----15.49K-70.00K-910.53K-5.13M-7.29M-961.00K-2.20M-1.83M-981.00K-18.69M-1.74M-152.55M-33.16M-5.46M
Financing Cash Flow80.00K50.00K5.47M3.94M49.50K1.00M145.86K11.81M10.05M598.14K10.75M24.67M4.93M4.13M-1.01M1.43M51.47M54.14M126.53M28.53M-12.72M
Capital Expenditure0003.15K00015.49K20.00K173.99K1.18M7.14M1.07M2.20M1.84M994.00K28.51M7.77M152.55M38.67M1.10M
Free Cash Flow-40.06K-60.00K-1.76M-2.54M-3.57M-2.30M-291.16K-1.92M-4.46M-7.23M-12.32M-18.35M-9.88M-1.52M-887.00K-2.09M-23.43M-6.07M-148.71M-60.88M42.76M
Dividends Paid-------200.00K-10.43K8.25M4.32M-127.00K127.00K58.00K127.00K876.00K---
FCF to OCF100.00%100.00%100.00%100.12%100.00%100.00%100.00%100.82%100.45%102.47%110.59%163.66%112.20%-220.67%-93.37%190.36%-461.04%-355.89%-3872.73%274.19%97.49%
Dividend Paid to FCF--------10.44%--0.14%-66.94%-23.51%--8.38%-14.32%-2.77%-0.54%-14.44%---

Earnings

Report DateSep 30, 2007Feb 27, 2008May 28, 2008Sep 3, 2008Dec 3, 2008Feb 25, 2009Jun 3, 2009Sep 2, 2009Dec 2, 2009Mar 3, 2010Jun 2, 2010Aug 12, 2010Nov 8, 2010Mar 2, 2011Jun 1, 2011Aug 31, 2011Nov 30, 2011Feb 29, 2012May 30, 2012Aug 29, 2012Nov 28, 2012Feb 27, 2013May 29, 2013Aug 28, 2013Nov 11, 2013Feb 26, 2014May 28, 2014Sep 3, 2014Nov 12, 2014Mar 12, 2015May 13, 2015Aug 12, 2015Nov 12, 2015Mar 23, 2016May 12, 2016Aug 15, 2016Nov 14, 2016Mar 21, 2017May 10, 2017Aug 10, 2017Nov 14, 2017Mar 8, 2018May 15, 2018Aug 6, 2018Nov 13, 2018Mar 12, 2019May 9, 2019Aug 14, 2019Nov 13, 2019Mar 13, 2020May 11, 2020Aug 10, 2020Nov 9, 2020Mar 8, 2021May 11, 2021Aug 10, 2021Nov 9, 2021Mar 10, 2022May 5, 2022Aug 9, 2022Nov 14, 2022Mar 23, 2023May 11, 2023Aug 9, 2023Nov 13, 2023Mar 19, 2024May 13, 2024Aug 7, 2024Nov 13, 2024Mar 17, 2025May 8, 2025Aug 11, 2025Nov 10, 2025Mar 2, 2026May 11, 2026Aug 10, 2026Nov 9, 2026
EPS Estimate------------1.20-1.20----------------0.25-0.26-0.25-0.23-0.23-0.26-0.27-0.36-0.34-0.28-0.19----0.16-0.12-0.090.34-0.12-0.06-0.040.06-0.02-0.17-0.090.040.020.04-0.03-0.04-0.040.01-0.03-0.12-0.06-0.040.03-0.04-0.25-0.110.070.130.010.040.290.39-0.33-0.230.16
EPS Actual-11.48-6.87-0.79-3.43-2.11-2.57-4.17-3.15-2.38-2.00-2.22-1.20-2.00-1.08-1.09-0.41-0.21-0.93-1.30-0.39-0.20-0.32-0.19-0.25-0.23-0.21-0.26-0.28-0.30-0.30-0.33-0.39-0.31-0.48-0.32-0.35-0.29-0.30-0.21-0.26-0.28-0.13-0.170.11-0.120.77-0.04-0.05-0.290.10-0.04-0.140.040.040.090.090.04-0.270.030.01-0.200.04-0.03-0.02-0.09-0.25-0.28-0.06-0.050.40-0.380.240.330.00-0.74-0.34-
Surprise-----------0.00%-66.67%----------------20.00%-15.38%-32.00%-69.57%-34.78%-84.62%-18.52%2.78%14.71%-7.14%-10.53%----6.25%191.67%-33.33%126.47%66.67%16.67%-625.00%66.67%-100.00%17.65%144.44%0.00%350.00%125.00%233.33%-575.00%175.00%0.00%-566.67%133.33%50.00%50.00%-400.00%-525.00%-12.00%45.45%-171.43%207.69%-3900.00%500.00%13.79%-100.00%-124.24%-47.83%-
Timing-----------------------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.24B
Enterprise Value1.48B
Trailing P/E0.00
Forward P/E46.73
Price / Sales4.50
Price / Book82.92
EPS-0.99
Book Value0.406
Revenue (TTM)275.59M
Gross Profit (TTM)201.96M
EBITDA17.71M
Profit Margin-13.51%
Operating Margin-15.58%
Return on Equity-116.07%
Return on Assets-0.45%
Shares Outstanding37.49M
Shares Float28.93M
Beta0.24
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 5 analystsTarget 65.00
  • Strong Buy
    4
  • Buy
    1

Ownership Breakdown

Institutions
58.56%
Insiders
15.38%
Retail / Other
26.06%

Top Institutional Holders

  • BlackRock Inc
    2.55M6.81%
  • Opaleye Management Inc
    2.40M6.40%
  • Private Capital Management, LLC
    1.60M4.26%
  • Vanguard Capital Management, LLC
    1.40M3.74%
  • Deep Track Capital, LP
    969.00K2.58%
  • State Street Corp
    855.05K2.28%
  • Geode Capital Management, LLC
    852.03K2.27%
  • Dimensional Fund Advisors, Inc.
    667.04K1.78%
  • Marshall Wace Asset Management Ltd
    644.92K1.72%
  • Ikarian Capital, LLC
    543.05K1.45%
  • Susquehanna International Group, LLP
    457.78K1.22%
  • Rice Hall James & Associates, LLC
    387.55K1.03%
  • Citadel Advisors Llc
    359.87K0.96%
  • The Goldman Sachs Group Inc
    341.71K0.91%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    1.00M2.67%
  • iShares Russell 2000 ETF
    829.38K2.21%
  • Baron Discovery Institutional
    576.07K1.54%
  • Janus Henderson Venture D
    470.12K1.25%
  • Fidelity Small Cap Index
    350.60K0.94%
  • iShares Russell 2000 Growth ETF
    301.19K0.80%

Stock Splits

  • Feb 8, 20131:5
  • Feb 24, 20121:8