FIBROGEN INC

FIBROGEN INCKYNBEarnings & Financial Report

Nasdaq · Health Care · Pharmaceutical Preparations

FibroGen Inc. is a biopharmaceutical firm developing and commercializing innovative therapies for unmet medical needs, targeting fibrotic diseases, anemia and cancer. Its lead product roxadustat is approved in multiple markets including China and Japan, serving patients across key therapeutic segments.

KYNB Q1 FY2024 Key Financial Metrics

Revenue

$25.4M

Gross Profit

$4.0M

Operating Profit

$-49.2M

Net Profit

$-32.9M

Gross Margin

15.9%

Operating Margin

-193.9%

Net Margin

-129.8%

YoY Growth

-29.9%

EPS

$-0.33

FIBROGEN INC Q1 FY2024 Financial Summary

FIBROGEN INC reported revenue of $25.4M (down 29.9% YoY) for Q1 FY2024, with a net profit of $-32.9M (up 57.1% YoY) (-129.8% margin). Cost of goods sold was $21.3M, operating expenses totaled $53.2M.

Key Financial Metrics

Total Revenue$25.4M
Net Profit$-32.9M
Gross Margin15.9%
Operating Margin-193.9%
Report PeriodQ1 FY2024

Revenue Breakdown

FIBROGEN INC Q1 FY2024 revenue of $25.4M breaks down across 2 segments, led by Drug Product Revenue at $24.5M (96.5% of total).

SegmentRevenue% of Total
Drug Product Revenue$24.5M96.5%
Other$878.0K3.5%

FIBROGEN INC Annual Revenue by Year

FIBROGEN INC annual revenue history includes year-by-year totals (for example, 2023 revenue was $46.8M).

YearAnnual Revenue
2023$46.8Mvs 2022
2022$140.7M

FIBROGEN INC Quarterly Revenue & Net Profit History

FIBROGEN INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q1 FY2024$25.4M-29.9%$-32.9M-129.8%
Q4 FY2023$-73.8M-314.8%$-56.2M76.2%
Q3 FY2023$40.1M+155.1%$-63.6M-158.5%
Q2 FY2023$44.3M+48.7%$-87.7M-197.8%
Q1 FY2023$36.2M-40.6%$-76.7M-212.1%
Q4 FY2022$34.4M+107.7%$-66.2M-192.6%
Q3 FY2022$15.7M-89.9%$-91.7M-582.5%
Q2 FY2022$29.8M+22.3%$-72.6M-243.7%

Income Statement

Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023Q3 2023Q4 2023Q1 2024
Revenue$29.8M$15.7M$34.4M$36.2M$44.3M$40.1M$-73.8M$25.4M
YoY Growth22.3%-89.9%107.7%-40.6%48.7%155.1%-314.8%-29.9%

Balance Sheet

Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023Q3 2023Q4 2023Q1 2024
Assets$686.8M$608.8M$610.1M$538.5M$515.1M$460.4M$423.5M$365.9M
Liabilities$563.0M$562.6M$611.6M$567.4M$575.4M$575.6M$585.7M$552.0M
Equity$103.8M$26.3M$-21.4M$-48.9M$-102.3M$-157.2M$-204.2M$-228.1M

Cash Flow

Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023Q3 2023Q4 2023Q1 2024
Operating CF$-33.1M$-51.9M$-52.5M$-101.6M$-110.6M$-84.5M$-18.3M$-59.3M