Arcutis Biotherapeutics, Inc. (ARQT) Financials

$14.77

south_east -$0.22 (-1.47%)
Day's range
$14.63
Day's range
$14.94

ARQT Income statement / Annual

Last year (2023), Arcutis Biotherapeutics, Inc.'s total revenue was $59.61 M, an increase of 1,517.09% from the previous year. In 2023, Arcutis Biotherapeutics, Inc.'s net income was -$262.14 M. See Arcutis Biotherapeutics, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017
Period Ended 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017
Operating Revenue $59.61 M $3.69 M $0.00 $0.00 $0.00 $0.00 $0.00
Cost of Revenue $4.99 M $754,000.00 $763,000.00 $455,000.00 $195,000.00 $0.00 $0.00
Gross Profit $54.62 M $2.93 M -$763,000.00 -$455,000.00 -$195,000.00 $0.00 $0.00
Gross Profit Ratio 0.92 0.8 0 0 0 0 0
Research and Development Expenses $110.58 M $182.44 M $145.56 M $115.31 M $36.52 M $17.94 M $3.41 M
General & Administrative Expenses $0.00 $122.12 M $60.97 M $21.34 M $6.61 M $1.80 M $695,000.00
Selling & Marketing Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Selling, General & Administrative Expenses $185.15 M $122.12 M $60.97 M $21.34 M $6.61 M $1.80 M $695,000.00
Other Expenses $0.00 $5.82 M $173,000.00 $967,000.00 $1.14 M $480,000.00 -$872,000.00
Operating Expenses $295.72 M $304.56 M $206.53 M $136.65 M $43.13 M $19.74 M $4.11 M
Cost And Expenses $300.71 M $305.31 M $206.53 M $136.65 M $43.13 M $19.74 M $4.11 M
Interest Income $0.00 $9.83 M $173,000.00 $967,000.00 $1.14 M $0.00 $0.00
Interest Expense $29.71 M $15.65 M $0.00 $0.00 $0.00 $0.00 $0.00
Depreciation & Amortization $1.88 M $1.25 M $763,000.00 $455,000.00 $195,000.00 $19.74 M $4.11 M
EBITDA -$227.43 M -$294.55 M -$205.59 M -$135.22 M -$41.80 M $480,000.00 -$872,000.00
EBITDA Ratio -3.82 -80.25 0 0 0 0 0
Operating Income Ratio -4.04 -81.83 0 0 0 0 0
Total Other Income/Expenses Net -$17.93 M -$9.83 M $173,000.00 $967,000.00 $1.14 M $480,000.00 -$872,000.00
Income Before Tax -$259.03 M -$311.46 M -$206.36 M -$135.68 M -$42.00 M -$19.26 M -$4.98 M
Income Before Tax Ratio -4.35 -84.5 0 0 0 0 0
Income Tax Expense $3.11 M $9.83 M -$454,000.00 -$84,297.00 $23,140.00 -$480,000.00 -$4.11 M
Net Income -$262.14 M -$321.29 M -$205.90 M -$135.68 M -$42.00 M -$19.26 M -$4.98 M
Net Income Ratio -4.4 -87.16 0 0 0 0 0
EPS -3.78 -5.84 -4.17 -3.8 -1.1 -0.5314 -0.1374
EPS Diluted -3.78 -5.84 -4.17 -3.8 -1.1 -0.5314 -0.1374
Weighted Average Shares Out $69.31 M $55.03 M $49.41 M $35.67 M $38.09 M $36.24 M $36.24 M
Weighted Average Shares Out Diluted $69.31 M $55.03 M $49.41 M $35.67 M $38.09 M $36.24 M $36.24 M
Link