Rafael Holdings reports Q4 net income of $1.3M; full-year loss narrows to $8.7M

Rafael Holdings, Inc.

Q4 net income from continuing ops $1.3M ($0.06/share) vs loss of $4.6M ($0.24/share) a year ago.
Full-year FY2023 net loss from continuing ops $8.7M ($0.36/share) vs $140.5M ($6.22/share) prior year which included large write-offs.
Cash, cash equivalents and marketable securities of $79.2M as of July 31, 2023.
Suspended Barer Institute activities; sold real estate for $33M net proceeds; invested in Cyclo Therapeutics (CYTH) and Day Three Labs.
R&D expenses reduced to $1.3M in Q4 from $1.8M; G&A down to $1.4M from $3.0M.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Rafael Holdings, Inc. reported the twelve months ended July 31, 2023 results: net income a net loss from continuing operations of $8.7 million, or $0.36 per share, EPS $0.36 per share.

Period: the twelve months ended July 31, 2023
Net income: a net loss from continuing operations of $8.7 million, or $0.36 per share
EPS: $0.36 per share
Result: reported results

Exact text from the filing

For the twelve months ended July 31, 2023, we incurred a net loss from continuing operations of $8.7 million, or $0.36 per share.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Rafael Holdings, Inc. reported the three months ended July 31, 2023 results: net income $1.3 million, or $0.06 per share, EPS $0.06 per share.

Period: the three months ended July 31, 2023
Net income: $1.3 million, or $0.06 per share
EPS: $0.06 per share
Result: reported results

Exact text from the filing

For the three months ended July 31, 2023, we incurred net income from continuing operations of $1.3 million, or $0.06 per share.

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Rafael Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-23-081547

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