earnings
confidence high
sentiment neutral
materiality 0.65
FibroGen reports FY2022 revenue $140.7M, net loss $293.7M; China roxadustat sales up 74%
KYNTRA BIO, INC.
2022-FY EPS reported
-$3.14
revenue$140,734,000
- Total revenue $140.7M in 2022 vs $235.3M in 2021 (which included $120M milestone from Astellas).
- Net loss $293.7M ($3.14 per share) vs $290.0M prior year; Q4 net loss $66.2M ($0.70 per share).
- China roxadustat net product revenue $82.9M in 2022, up 74% YoY; Q4 $23.4M, up 328% YoY.
- Cash, equivalents, investments, and AR $442.7M at Dec 31, 2022; funded into 2H 2024.
- Five pivotal Phase 3 readouts expected in 2023: pamrevlumab in DMD and IPF, roxadustat in MDS and CIA.