earnings
confidence high
sentiment positive
materiality 0.70
Royalty Pharma expects 2022 Adj. Cash Receipts ~$2.79B, at upper end of guidance; 31% YoY growth
Royalty Pharma plc
2022-FY EPS reported
$0.10
revenue$2,237,215,000
- 2022 Adjusted Cash Receipts (non-GAAP) expected ~$2,785-2,790M, towards upper end of $2,750-2,800M guidance; 31% YoY growth.
- 2022 GAAP operating cash flow expected ~$2,140-2,150M.
- Since 2020, announced $10B in transactions; investments expected to add ~$1B to annual Adjusted Cash Receipts in 2025.
- Added royalties on six new therapies in 2022, including Trelegy (respiratory), olpasiran, aficamten, and MK-8189.
- Capital deployment target $10-12B over five years; potential to double to $4-5B annually longer term.