YOLFTbeta
Palatin Technologies, Inc. Common Stock

Palatin Technologies, Inc. Common Stock

PTN · NASDAQ · Healthcare / Biotechnology

6.23USD-0.34 (-5.18%)

Price History

Full chart

Market Stats

Previous Close6.57
Open6.38
Day Range5.81 – 6.40
52-Week Range5.61 – 31.00
Volume30.20K
Market Cap17.96M
P/E (TTM)91.77
Forward P/E42.92
EPS0.11
Dividend Yield0.00%
Beta-0.04
50-Day Avg9.76
200-Day Avg15.58

About

Palatin Technologies, Inc., a biopharmaceutical company, develops first-in-class medicines based on molecules that modulate the activity of the melanocortin receptor system in the United States. It is developing oral small molecule PL7737 MC4R agonist in preclinical studies; long-acting peptide MC4R agonists; and Bremelanotide co-administration with Tirzepatide to treat obesity in Phase 2 trial, as well as Bremelanotide co-formulated with a PDE5i for the treatment of ED in patients not adequately responsive to PDE5i monotherapy. The company also develops PL9643 for dry eye disease and anti-inflammatory ocular indications; and oral PL8177 for the treatment inflammatory bowel diseases. Palatin Technologies, Inc. was incorporated in 1986 and is based in Monmouth Junction, New Jersey.

Company Details

  • SectorHealthcare
  • IndustryBiotechnology
  • CEODr. Carl Spana Ph.D.
  • Employees29
  • Headquarters11 Deer Park Drive, Monmouth Junction, NJ, United States, 08512, USA
  • Websitehttps://palatin.com

Leadership

  • Dr. Carl Spana Ph.D.Co-Founder, President, CEO & Director · b. 1962
  • Mr. Stephen T. Wills CPA, MSTCFO, COO, Executive VP, Treasurer & Secretary · b. 1957
  • Burns McClellanVice President of Investor Relations
  • Mr. Stephen A. Slusher Esq.Chief Legal Officer
  • Mr. James E. Hattersley B.A., M.S.Senior Vice President of Business Development · b. 1960
  • Mr. John Dodd Ph.D.Senior Vice President of Preclinical Development
  • Mr. Robert JordanSenior Vice President of Program Operations

Financials

Income Statement

Currency: USD1996-06-301997-06-301998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Revenue20.00K700.00K100.00K600.00K5.12M1.79M281.36K1.27M2.32M17.96M19.75M14.41M11.48M11.35M14.18M1.48M73.74K10.36K012.95M044.72M67.13M60.30M117.99K-188.60K1.47M4.85M4.49M013.19M
Growth (%)-+3400.00%-85.71%+500.00%+752.85%-65.06%-84.27%+351.39%+82.29%+675.64%+9.98%-27.05%-20.29%-1.15%+24.92%-89.60%-95.00%-85.95%-100.00%--100.00%-+50.11%-10.18%-99.80%-259.84%+878.62%+230.53%-7.49%-100.00%-
Cost of Revenue--500.00K-1.90M-1.50M-267.05K12.85M15.96M21.74M28.41M863.33K2.34M42.76M25.92M17.29M15.93M13.99M17.91M10.53M15.68M24.56M43.05K45.68M32.57M14.86M13.96M147.84K217.53K418.47K97.64K258.92K-
Gross Profit20.00K1.20M2.00M2.10M5.38M1.79M281.36K1.27M2.32M17.09M17.41M14.41M11.48M11.35M14.18M1.48M73.74K-10.52M-10.79M-11.61M-43.05K44.72M34.57M45.44M117.99K-336.44K1.25M4.44M4.39M-258.92K-
Gross Margin100.00%171.43%2000.00%350.00%105.22%100.00%100.00%100.00%100.00%95.19%88.15%100.00%100.00%100.00%100.00%100.00%100.00%-101518.48%--89.63%-100.00%51.49%75.36%100.00%178.39%85.19%91.38%97.83%--
Operating Expense4.38M6.40M12.00M14.20M13.94M13.13M17.12M22.31M29.07M32.51M47.86M44.21M28.12M18.65M17.20M15.13M18.86M5.07M4.99M5.68M49.21M55.29M8.64M9.70M23.72M33.05M37.84M36.89M26.89M17.20M-
Operating Income-4.36M-5.20M-10.00M-12.10M-8.56M-11.35M-16.84M-21.04M-26.76M-15.41M-30.45M-29.80M-16.63M-7.30M-3.01M-13.65M-18.79M-15.59M-15.79M-17.29M-49.25M-10.57M25.93M35.74M-23.61M-33.38M-36.59M-32.46M-22.50M-17.46M-8.67M
Operating Margin-21800.00%-742.86%-10000.00%-2016.67%-167.28%-634.52%-5985.25%-1656.34%-1155.76%-85.83%-154.19%-206.87%-144.84%-64.32%-21.26%-925.37%-25476.54%-150421.39%--133.47%--23.63%38.62%59.28%-20007.61%17701.29%-2491.63%-668.75%-501.02%--65.74%
EBITDA-4.29M-4.70M-8.17M-10.59M-8.29M-11.06M-15.68M-20.46M-26.09M-14.34M-28.33M-27.03M-14.21M-5.15M-1.51M-12.30M-17.36M-22.50M-15.68M-17.42M-49.21M-10.54M25.98M35.80M-23.54M-33.52M-36.46M-32.17M-29.38M-17.03M-8.67M
EBITDA Margin-21450.00%-671.43%-8166.00%-1765.00%-162.06%-618.41%-5574.08%-1610.73%-1126.74%-79.84%-143.46%-187.61%-123.74%-45.39%-10.64%-833.95%-23545.43%-217113.47%--134.48%--23.56%38.70%59.37%-19953.20%17774.37%-2483.00%-662.81%-654.33%--65.74%
Net Income-3.44M-5.30M-9.90M-12.00M-8.18M-10.60M-16.14M-20.57M-26.32M-14.36M-28.96M-27.75M-14.38M-4.80M-1.79M-12.82M-17.25M-20.86M-13.93M-17.67M-51.71M-13.33M24.70M35.77M-22.38M-33.57M-35.81M-27.54M-29.74M-17.31M-8.38M
Net Income Margin-17200.00%-757.14%-9900.00%-2000.00%-159.92%-592.77%-5736.02%-1619.29%-1136.76%-79.96%-146.64%-192.64%-125.26%-42.30%-12.64%-868.61%-23398.58%-201352.90%--136.40%--29.81%36.80%59.32%-18969.53%17799.23%-2438.49%-567.44%-662.26%--63.54%
R&D870.00K3.40M7.10M8.70M9.11M10.11M12.12M17.44M23.33M25.05M41.01M36.91M21.19M13.36M12.29M10.38M13.81M10.53M10.83M24.56M43.07M45.68M32.57M14.86M13.96M12.93M21.33M22.63M22.40M14.90M12.37M
R&D as % of Total Revenue4350.00%485.71%7100.00%1450.00%178.02%565.35%4306.67%1373.15%1007.85%139.47%207.68%256.24%184.51%117.66%86.69%703.31%18733.56%101618.48%-189.63%-102.15%48.51%24.64%11831.10%-6854.06%1452.37%466.26%498.88%-93.81%
Interest Expense460.00K460.00K9.90M12.00M8.18M782.47K308.83K225.51K199.00K473.77K825.08K1.27M956.96K26.16K13.16K10.61K10.41K8.41K6.21K661.70K2.51M2.29M1.45M417.56K20.14K23.44K29.68K20.01K17.11K15.03K6.73K
Interest Expense % of Total Revenue2300.00%65.71%9900.00%2000.00%159.92%43.76%109.76%17.76%8.60%2.64%4.18%8.83%8.33%0.23%0.09%0.72%14.12%81.18%-5.11%-5.12%2.16%0.69%17.07%-12.43%2.02%0.41%0.38%-0.05%

Balance Sheet

Currency: USD1996-06-301997-06-301998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Assets7.04M14.10M6.50M4.70M8.89M14.24M12.36M22.72M24.38M35.17M40.05M42.78M19.12M13.20M12.39M21.17M5.38M25.07M12.56M29.47M11.05M56.83M39.02M104.74M85.05M67.30M36.07M17.94M10.74M3.27M8.52M
Total Liabilities4.20M4.30M3.10M4.40M1.98M2.33M3.67M4.06M4.99M25.94M21.75M24.25M12.57M9.89M3.07M2.98M3.55M2.10M2.77M17.27M28.64M62.00M12.05M4.19M4.88M17.65M19.80M19.92M10.85M8.04M1.84M
Total Equity2.84M9.80M3.40M300.00K6.91M11.92M8.69M18.66M19.39M9.23M18.30M18.53M6.55M3.31M9.32M18.19M1.83M22.98M9.79M12.20M-17.59M-5.16M26.96M100.55M80.17M49.65M16.27M-1.98M-111.50K-4.78M6.69M
Cash6.79M12.80M4.50M2.30M3.22M11.46M7.94M14.29M17.95M15.72M28.33M31.45M9.42M4.38M5.41M18.87M3.83M19.17M12.18M27.30M8.00M40.20M38.00M43.51M82.85M60.10M29.94M7.99M9.53M2.56M7.49M
Total Debt3.26M1.80M900.00K2.00M-27.78K-264.45K63.69K30.20K316.15K491.97K384.76K121.63K33.95K77.11K42.19K19.91K-9.85M19.72M14.12M6.28M332.90K1.27M1.25M1.15M1.05M590.34K163.78K223.68K
Net Debt-3.54M-11.00M-3.60M-300.00K-3.22M-11.43M-7.94M-14.03M-17.88M-15.69M-28.02M-30.96M-9.04M-4.26M-5.37M-18.79M-3.79M-19.15M-12.18M-17.45M11.71M-26.08M-31.72M-43.18M-81.59M-58.85M-28.79M-6.94M-8.94M-2.40M-7.27M

Cash Flow

Currency: USD1996-06-301997-06-301998-06-301999-06-302000-06-302001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Operating Cash Flow-2.71M-4.10M-7.40M-10.40M-8.54M-8.40M-13.15M-19.89M-23.74M-5.06M-23.45M-22.05M-20.58M-5.44M-5.73M-11.03M-15.49M-13.65M-12.21M-13.36M-47.36M12.88M1.70M-21.78M41.33M-22.65M-29.92M-28.42M-31.46M-21.31M-13.53M
Investing Cash Flow--300.00K-1.50M-500.00K-2.05M1.53M-2.81M-4.10M1.22M-918.00K-819.95K-862.47K-1.26M663.62K38.01K3.45M479.38K-5.30M5.24M-1.40M-1.40M991.60K227.55K-36.14K-62.88K-5.72K-261.37K-3.43M12.45M3.13M-51.30K
Financing Cash Flow9.05M10.40M600.00K8.70M11.48M15.11M12.44M30.35M26.17M3.75M36.88M26.03M-183.97K-263.13K6.72M21.05M-34.92K34.29M-18.79K28.47M29.47M18.32M-4.13M27.33M-1.92M-93.64K18.36K9.90M20.55M11.21M18.51M
Capital Expenditure30.00K300.00K1.50M100.00K354.02K629.90K1.63M1.13M197.54K968.00K819.95K862.47K263.94K36.38K7.00K015.00K59.61K6.24K17.70K17.70K133.40K22.45K36.14K62.88K5.72K261.37K433.93K42.53K351.30K
Free Cash Flow-2.74M-4.40M-8.90M-10.50M-8.89M-9.03M-14.78M-21.03M-23.94M-6.03M-24.27M-22.91M-20.84M-5.48M-5.74M-11.03M-15.50M-13.71M-12.21M-13.36M-47.38M12.75M1.68M-21.82M41.26M-22.65M-30.18M-28.85M-31.50M-21.31M-13.58M
Dividends Paid----------------0000000115.76K2.55M-221.31K146.06K---
FCF to OCF101.11%107.32%120.27%100.96%104.15%107.50%112.43%105.70%100.83%119.12%103.50%103.91%101.28%100.67%100.12%100.00%100.10%100.44%100.05%100.00%100.04%98.96%98.68%100.17%99.85%100.03%100.87%101.53%100.14%100.00%100.38%
Dividend Paid to FCF----------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%-0.53%6.17%--0.73%-0.51%---

Earnings

Report DateAug 8, 1994Nov 7, 1994Mar 8, 1995Sep 30, 1998Dec 31, 1998Mar 31, 1999Sep 30, 1999Dec 31, 1999Mar 31, 2000Jun 30, 2000Sep 30, 2000Dec 31, 2000Mar 31, 2001Jun 30, 2001Sep 30, 2001Dec 31, 2001Mar 31, 2002Jun 30, 2002Nov 15, 2002Feb 18, 2003May 16, 2003Nov 17, 2003Feb 17, 2004May 14, 2004Sep 14, 2004Nov 9, 2004Feb 10, 2005May 9, 2005Sep 13, 2005Nov 8, 2005Feb 9, 2006May 9, 2006Sep 13, 2006Nov 10, 2006Feb 9, 2007May 9, 2007Sep 14, 2007Nov 9, 2007Feb 8, 2008May 13, 2008Sep 30, 2008Nov 17, 2008Feb 17, 2009May 15, 2009Sep 8, 2009Nov 16, 2009Feb 16, 2010May 13, 2010Sep 27, 2010Nov 15, 2010Feb 15, 2011May 16, 2011Sep 22, 2011Nov 15, 2011Feb 14, 2012May 14, 2012Sep 11, 2012Nov 14, 2012Feb 14, 2013May 14, 2013Sep 27, 2013Nov 14, 2013Feb 18, 2014May 13, 2014Sep 9, 2014Nov 14, 2014Feb 12, 2015May 12, 2015Sep 18, 2015Nov 12, 2015Feb 12, 2016May 17, 2016Sep 19, 2016Nov 14, 2016Feb 9, 2017May 15, 2017Sep 25, 2017Nov 13, 2017Feb 12, 2018May 14, 2018Sep 13, 2018Nov 9, 2018Feb 11, 2019May 9, 2019Sep 12, 2019Nov 12, 2019Feb 11, 2020May 11, 2020Sep 25, 2020Nov 16, 2020Feb 16, 2021May 14, 2021Sep 28, 2021Nov 15, 2021Feb 14, 2022May 16, 2022Sep 22, 2022Nov 14, 2022Feb 14, 2023May 15, 2023Sep 28, 2023Nov 14, 2023Feb 14, 2024May 15, 2024Sep 26, 2024Nov 14, 2024Feb 13, 2025May 14, 2025Nov 13, 2025Feb 17, 2026May 13, 2026Sep 30, 2026
EPS Estimate-1600.00-2400.00-2100.00---------------------1500.00-20.00-1000.00-1375.00-1375.00-25.00-875.00-2375.00-3000.00-36.25-2375.00-2375.00375.00-23.33-1250.00-1250.00-1250.00-500.00-250.00250.00----375.00-375.00--125.00--2.37-125.00-112.50-162.50-2.50-193.75-100.00-68.75-1.17-62.50-58.33-37.50-25.000.338.33-75.00-78.12-2.08-90.62-91.67-1.58-106.25-91.67-62.50-0.3775.00-225.00-50.00-0.08-43.75-37.50-37.50-37.50-0.50-12.50-25.00-0.58-12.50-29.17-41.67-37.50-0.83-37.50-41.67-0.81-59.75-34.83-23.00-0.56-20.50-10.17-24.83-0.51-25.50-21.00-8.50--1.47-0.82-
EPS Actual-2800.00-1900.00-2500.00-8211.92-5786.62-6576.95-2467.48-4811.62-3028.77-3638.08-3437.47-2201.28-3008.56-4111.07-4020.69-3898.02-3305.52-4438.95-2781.79-2236.62-2378.33-1946.00-1288.55-2000.00-32.50-750.00-500.00-875.00-22.50-1375.00-1625.00-1625.00-27.50-1500.00-1125.00-1125.00-17.50-0.03-500.00-750.00-750.00-625.92-0.050.01-28.92-5.07582.27-250.00-500.00-490.22-112.50-208.36-2.25-125.00-100.00-212.50-4.00-187.50-25.00-50.00-1.25-50.00-37.50-12.50-50.000.2537.50-87.50-112.50-2.00-100.00-100.00-2.00-100.00-75.00-25.002.0062.5015.63-0.001.50-37.50-25.00-37.50287.50-0.50-25.00-25.00-0.75-25.00-50.00-25.00-75.00-0.75-50.00-37.50-1.34-43.00-7.70-31.50-0.91-24.00-28.00-26.50-0.50-19.50-6.00-9.924.26-2.86-0.37-
Surprise-75.00%20.83%-19.05%---------------------33.33%-62.50%25.00%63.64%36.36%10.00%-57.14%31.58%45.83%24.14%36.84%52.63%-400.00%24.99%100.00%60.00%40.00%-50.00%--100.02%-100.00%---33.33%-33.33%-10.00%-5.06%0.00%11.11%-30.77%-60.00%3.23%75.00%27.27%-6.84%20.00%35.71%66.67%-100.00%-24.24%350.18%-16.67%-44.01%3.85%-10.35%-9.09%-26.58%5.88%18.18%60.00%640.54%-16.67%106.95%99.99%1975.00%14.29%33.33%0.00%866.67%0.00%-100.00%0.00%-29.31%-100.00%-71.41%40.00%-100.00%9.64%-33.33%10.01%-65.43%28.03%77.89%-36.96%-62.50%-17.07%-175.32%-6.73%1.96%23.53%71.43%-16.71%--94.56%54.88%-
Timing-----------------------Pre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketAfter-hours-Pre-marketAfter-hoursPre-marketPre-market-Pre-marketPre-market---Pre-marketPre-market-Pre-market--Pre-marketAfter-hoursAfter-hours-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-

Key Statistics & Ratios

Market Cap17.96M
Enterprise Value8.40M
Trailing P/E91.77
Forward P/E42.92
PEG Ratio1.62
Price / Sales1.39
Price / Book1.74
EPS0.11
Book Value5.96
Revenue (TTM)12.88M
Gross Profit (TTM)551.40K
EBITDA-8.75M
Profit Margin-48.50%
Operating Margin-40.33%
Return on Equity-297.24%
Return on Assets-65.26%
Shares Outstanding1.78M
Shares Float1.49M
Beta-0.04
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 1 analystsTarget 53.50
  • Buy
    1

Ownership Breakdown

Institutions
50.16%
Insiders
7.86%
Retail / Other
41.98%

Top Institutional Holders

  • Driehaus Capital Management LLC
    166.71K9.37%
  • HHG PLC
    140.00K7.87%
  • Logos Global Management LP
    130.00K7.31%
  • RA Capital Management, LLC
    70.00K3.93%
  • Balyasny Asset Management LLC
    41.17K2.31%
  • Morgan Stanley - Brokerage Accounts
    27.27K1.53%
  • Opaleye Management Inc
    20.50K1.15%
  • Vanguard Capital Management, LLC
    18.98K1.07%
  • Geode Capital Management, LLC
    18.50K1.04%
  • Miller Financial Services LLC
    15.00K0.84%
  • LPL Financial Corp
    12.55K0.71%
  • Vanguard Fiduciary Trust Co
    8.77K0.49%
  • UBS Group AG
    3.33K0.19%
  • Vanguard Global Advisers, LLC
    1.25K0.07%

Top Fund Holders

  • Fidelity Extended Market Index
    9.15K0.51%
  • iShares Micro-Cap ETF
    5.28K0.30%
  • Fidelity Total Market Index
    3.12K0.18%
  • Fidelity Series Total Market Index
    2.62K0.15%
  • Fidelity Nasdaq Composite Index
    1.97K0.11%
  • Vanguard U.S. Eq Idx £ Acc
    1.25K0.07%

Stock Splits

  • Aug 12, 20251:50
  • Aug 31, 20221:25
  • Sep 27, 20101:10