Summit Therapeutics Inc.

Summit Therapeutics Inc.SMMTEarnings & Financial Report

Nasdaq · Health Care · Pharmaceutical Preparations

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 ...

Revenue

$235.0K

Gross Profit

N/A

Operating Profit

$-12.7M

Net Profit

$-16.8M

Gross Margin

N/A

Operating Margin

-5400.9%

Net Margin

-7136.6%

YoY Growth

312.3%

EPS

$-0.12

Summit Therapeutics Inc. Q2 FY2022 Financial Summary

Summit Therapeutics Inc. reported revenue of $235.0K (up 312.3% YoY) for Q2 FY2022, with a net profit of $-16.8M (up 31.3% YoY) (-7136.6% margin).

Key Financial Metrics

Total Revenue$235.0K
Net Profit$-16.8M
Gross MarginN/A
Operating Margin-5400.9%
Report PeriodQ2 FY2022

Summit Therapeutics Inc. Quarterly Revenue & Net Profit History

Summit Therapeutics Inc. results over the last 7 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q3 FY2024$0$-56.3MN/A
Q3 FY2023$0$-21.3MN/A
Q2 FY2023$0$-14.7MN/A
Q1 FY2023$0$-542.4MN/A
Q3 FY2022$220.0K-83.2%$-21.4M-9720.5%
Q2 FY2022$235.0K+312.3%$-16.8M-7136.6%
Q1 FY2022$250.0K+30.2%$-21.4M-8558.8%

Income Statement

Q1 2022Q2 2022Q3 2022Q1 2023Q2 2023Q3 2023Q3 2024
Revenue$250000$235000$220000$0$0$0$0
YoY Growth30.2%312.3%-83.2%N/AN/AN/AN/A

Balance Sheet

Q1 2022Q2 2022Q3 2022Q1 2023Q2 2023Q3 2023Q3 2024
Assets$116.5M$95.7M$155.3M$254.9M$237.4M$218.5M$502.9M
Liabilities$52.1M$44.4M$22.1M$121.4M$117.8M$119.1M$64.9M
Equity$64.4M$51.3M$133.2M$133.5M$119.6M$99.4M$437.9M

Cash Flow

Q1 2022Q2 2022Q3 2022Q1 2023Q2 2023Q3 2023Q3 2024
Operating CF$-19.0M$-19.2M$-8.6M$-13.1M$-29.3M$-14.9M$-30.3M