Liquidia Technologies Inc

Liquidia Technologies Inc

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

57.41USD-0.71 (-1.22%)

Price History

Full chart

Market Stats

Previous Close58.12
Open58.37
Day Range57.00 – 59.50
52-Week Range22.31 – 93.61
Volume1.87M
Market Cap5.17B
P/E (TTM)0.00
Forward P/E14.53
EPS-1.04
Dividend Yield0.00%
Beta0.41
50-Day Avg49.19
200-Day Avg54.64

About

Liquidia Corporation, a biopharmaceutical company, develops, manufactures, and commercializes various products for rare cardiopulmonary diseases in the United States. The company's lead product candidates include YUTREPIA, an inhaled dry powder formulation of treprostinil for the treatment of pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD). It also provides Remodulin, a treprostinil injection administered through continuous intravenous and subcutaneous infusion; and develops L606, an investigational liposomal formulation of treprostinil which is in phase III clinical trial for the treatment of pulmonary arterial hypertension (PAH) and pulmonary hypertension associated with interstitial lung disease (PH-ILD). In addition, the company offers PRINT technology which allows to engineer and manufacture uniform drug particles with precise control over the size, three-dimensional geometric shape, and chemical composition of the particles. It has a license agreement with Pharmosa Biopharm Inc to develop and commercialize L606, an inhaled sustained-release formulation of Treprostinil for the treatment of PAH and PH-ILD; Vectura; The University of North Carolina at Chapel Hill; GlaxoSmithKline; Alcon Inc; and promotion Agreement with Sandoz. Liquidia Corporation was founded in 2004 and is based in Morrisville, North Carolina.

Company Details

  • SectorHealthcare
  • IndustryDrug Manufacturers - Specialty & Generic
  • CEODr. Roger A. Jeffs Ph.D.
  • Employees216
  • Headquarters419 Davis Drive, Morrisville, NC, United States, 27560, USA
  • Websitehttps://www.liquidia.com

Leadership

  • Dr. Roger A. Jeffs Ph.D.CEO & Director · b. 1962
  • Mr. Michael KasetaCOO & CFO · b. 1976
  • Mr. Russell SchundlerGeneral Counsel & Corporate Secretary · b. 1976
  • Mr. Scott MoomawChief Commercial Officer · b. 1971
  • Dr. Rajeev Saggar M.D.Chief Medical Officer · b. 1975
  • Ms. Dana BoyleChief Accounting Officer · b. 1985
  • Mr. Christian Perez FontSenior VP, Chief Compliance Officer & Associate General Counsel
  • Mr. Michael PostSenior Vice President of Marketing
  • Mr. Matt SnowSenior Vice President of Sales
  • Ms. Sarah Krepp SPHRChief Human Resources Officer · b. 1982

Financials

Income Statement

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue13.22M7.26M2.71M8.07M739.63K12.85M15.94M17.49M14.00M158.32M
Growth (%)--45.08%-62.70%+198.20%-90.84%+1637.77%+23.98%+9.75%-19.97%+1031.18%
Cost of Revenue918.78K319.76K121.39K807.19K237.71K3.02M2.86M2.89M5.88M13.24M
Gross Profit12.30M6.94M2.59M7.26M501.92K9.83M13.08M14.60M8.12M145.08M
Gross Margin93.05%95.59%95.52%90.00%67.86%76.48%82.06%83.49%58.00%91.64%
Operating Expense28.16M34.97M37.45M54.09M59.59M43.63M51.85M87.98M129.41M196.45M
Operating Income-15.86M-28.03M-34.87M-46.82M-59.09M-33.80M-38.77M-73.38M-121.29M-51.38M
Operating Margin-120.02%-386.16%-1288.08%-580.07%-7989.03%-262.95%-243.30%-419.62%-866.63%-32.45%
EBITDA-15.20M-15.21M-32.60M-43.64M-55.78M-28.20M-35.03M-70.05M-115.71M-43.22M
EBITDA Margin-114.98%-209.58%-1204.44%-540.65%-7540.98%-219.44%-219.83%-400.57%-826.74%-27.30%
Net Income-15.93M-29.15M-53.14M-47.58M-59.76M-34.58M-41.02M-78.50M-130.39M-68.92M
Net Income Margin-120.56%-401.68%-1962.92%-589.48%-8080.11%-269.03%-257.39%-448.89%-931.65%-43.53%
R&D23.32M24.75M28.70M40.49M32.22M20.52M19.43M43.24M47.84M39.28M
R&D as % of Total Revenue176.44%341.05%1060.21%501.62%4356.57%159.63%121.96%247.27%341.83%24.81%
Interest Expense85.86K13.01M18.99M1.37M858.00K762.00K2.34M6.27M12.49M24.17M
Interest Expense % of Total Revenue0.65%179.25%701.45%17.02%116.00%5.93%14.67%35.87%89.21%15.27%

Balance Sheet

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets8.49M14.84M49.42M68.84M99.53M93.73M129.20M118.33M230.31M327.93M
Total Liabilities26.73M48.54M30.73M33.89M28.45M28.46M38.78M71.04M153.04M283.19M
Total Equity-18.25M-33.69M18.69M34.95M71.09M65.27M90.42M47.29M77.28M44.75M
Cash1.44M3.42M39.53M55.80M65.32M57.49M93.28M83.68M176.48M190.68M
Total Debt8.68M23.49M12.77M24.42M17.14M16.08M24.46M49.54M122.39M197.93M
Net Debt7.24M18.73M-26.76M-31.38M-48.17M-41.41M-68.82M-34.14M-54.09M7.25M

Cash Flow

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-13.95M-24.29M-31.83M-48.28M-54.14M-34.03M-28.59M-41.56M-93.42M-35.69M
Investing Cash Flow-2.89M-2.54M-870.94K-1.85M247.91K-107.00K-587.00K-11.29M-8.44M-6.34M
Financing Cash Flow6.11M28.81M68.82M66.39M63.42M26.32M64.96M43.25M194.66M59.73M
Capital Expenditure2.89M2.54M870.94K1.85M752.09K107.00K592.00K1.29M4.95M4.34M
Free Cash Flow-16.83M-26.83M-32.70M-50.13M-54.90M-34.14M-29.18M-42.85M-98.37M-40.02M
FCF to OCF120.69%110.47%102.74%103.83%101.39%100.31%102.07%103.10%105.30%112.15%

Earnings

Report DateApr 11, 2018Aug 14, 2018Oct 31, 2018Feb 26, 2019May 2, 2019Aug 8, 2019Nov 13, 2019Mar 11, 2020May 11, 2020Aug 10, 2020Nov 6, 2020Mar 22, 2021May 13, 2021Aug 10, 2021Nov 3, 2021Mar 17, 2022May 12, 2022Aug 11, 2022Nov 8, 2022Mar 16, 2023May 4, 2023Aug 10, 2023Nov 7, 2023Mar 13, 2024May 13, 2024Aug 7, 2024Nov 13, 2024Mar 19, 2025May 8, 2025Aug 12, 2025Nov 3, 2025Mar 12, 2026May 11, 2026Aug 12, 2026Nov 2, 2026Nov 10, 2026
EPS Estimate--3.41-0.58-0.61-0.62-0.72-0.72-0.59-0.55-0.48-0.36-0.36-0.21-0.16-0.15-0.11-0.20-0.22-0.19-0.15-0.17-0.16-0.19-0.23-0.32-0.33-0.40-0.38-0.42-0.39-0.350.190.410.700.770.77
EPS Actual-1.85-0.62-0.62-0.63-0.87-0.31-0.72-0.71-0.52-0.49-0.40-0.38-0.21-0.13-0.14-0.23-0.28-0.15-0.14-0.09-0.15-0.36-0.24-0.42-0.54-0.37-0.39-0.46-0.45-0.49-0.040.150.52-0.49-0.80
Surprise-81.82%-6.90%-3.28%-40.32%56.94%0.00%-20.34%5.45%-2.08%-11.11%-5.56%0.00%18.75%6.67%-109.09%-40.00%31.82%26.32%40.00%11.76%-125.00%-26.32%-82.61%-68.75%-12.12%2.50%-21.05%-7.14%-25.64%88.57%-21.96%28.40%-170.00%-3.90%
Timing-Pre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-market-Pre-market

Key Statistics & Ratios

Market Cap5.17B
Enterprise Value5.01B
Trailing P/E0.00
Forward P/E14.53
Price / Sales8.32
Price / Book21.96
EPS-1.04
Book Value-0.283
Revenue (TTM)621.87M
Gross Profit (TTM)576.63M
EBITDA294.20M
Profit Margin-15.15%
Operating Margin47.12%
Return on Equity131.82%
Return on Assets38.20%
Shares Outstanding90.11M
Shares Float65.81M
Beta0.41
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 8 analystsTarget 63.88
  • Strong Buy
    4
  • Buy
    2
  • Hold
    2

Ownership Breakdown

Institutions
82.10%
Insiders
9.15%
Retail / Other
8.75%

Top Institutional Holders

  • BlackRock Inc
    10.79M12.05%
  • Farallon Capital Management, L.L.C.
    8.37M9.35%
  • Caligan Partners LP
    8.12M9.07%
  • Findell Capital Management LLC
    3.50M3.91%
  • Vanguard Capital Management, LLC
    3.14M3.51%
  • State Street Corp
    3.03M3.39%
  • Opaleye Management Inc
    2.45M2.73%
  • Geode Capital Management, LLC
    2.12M2.37%
  • Bank of America Corp
    1.99M2.23%
  • T. Rowe Price Associates, Inc.
    1.94M2.17%
  • Vanguard Portfolio Management, LLC
    1.53M1.71%
  • Caprock Group Inc
    1.41M1.57%
  • MPM Oncology Impact Management LP
    1.39M1.55%
  • D. E. Shaw & Co LP
    1.27M1.42%
  • Fuller & Thaler Asset Management Inc
    1.21M1.35%
  • The Goldman Sachs Group Inc
    958.89K1.07%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    4.47M4.99%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.27M2.54%
  • iShares Russell 2000 ETF
    1.79M2.00%
  • Invesco S&P SmallCap Momentum ETF
    868.57K0.97%