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Summit Therapeutics Inc.

Summit Therapeutics Inc.SMMTEarnings & Financial Report

Nasdaq · pharmaceutical industry

Bristol-Myers Squibb Company, doing business as Bristol Myers Squibb, is an American multinational pharmaceutical company headquartered in Princeton, New Jersey. The company's primary products are apixaban (Eliquis) for people with atrial fibrillation ; nivolumab (Opdivo), used to treat certain types of cancer ; lenalidomide (Revlimid), used to treat multiple myeloma, smoldering myeloma, and myelodysplastic syndromes ; abatacept (Orencia), used to treat autoimmune diseases such as rheumatoid ...

SMMT Q3 2024 Key Financial Metrics

Revenue

$0

Gross Profit

N/A

Operating Profit

$-58.4M

Net Profit

$-56.3M

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

YoY Growth

N/A

EPS

$-0.08

Summit Therapeutics Inc. Q3 2024 Financial Summary

Summit Therapeutics Inc. reported revenue of $0 for Q3 2024, with a net profit of $-56.3M (N/A margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$0
Net Profit$-56.3M
Gross MarginN/A
Operating MarginN/A
Report PeriodQ3 2024

Summit Therapeutics Inc. Annual Revenue by Year

Summit Therapeutics Inc. annual revenue history includes year-by-year totals (for example, 2023 revenue was $0).

YearAnnual Revenue
2023$0
2022$705.0K

Income Statement

Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023Q3 2023Q4 2023Q3 2024
Revenue$235000$220000$0$0$0$0$0$0
YoY Growth312.3%-83.2%N/AN/AN/AN/AN/AN/A

Balance Sheet

Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023Q3 2023Q4 2023Q3 2024
Assets$95.7M$155.3M$664.2M$254.9M$237.4M$218.5M$202.9M$502.9M
Liabilities$44.4M$22.1M$537.5M$121.4M$117.8M$119.1M$125.3M$64.9M
Equity$51.3M$133.2M$126.7M$133.5M$119.6M$99.4M$77.7M$437.9M

Cash Flow

Q2 2022Q3 2022Q4 2022Q1 2023Q2 2023Q3 2023Q4 2023Q3 2024
Operating CF$-19.2M$-8.6M$5.2M$-13.1M$-29.3M$-14.9M$-19.5M$-30.3M