earnings
confidence high
sentiment neutral
materiality 0.60
Sunshine Biopharma FY2024 revenue $34.9M (+45% YoY); net loss widens to $5.1M
Sunshine Biopharma Inc.
2025-Q1 EPS reported
-$0.44
revenue$8,901,341
- Revenue $34.9M in FY2024, up 45% from $24.1M in FY2023; gross profit $10.7M.
- Net loss $5.1M vs $4.5M in FY2023; G&A expenses $16.5M, up from $13.1M.
- Completed ~$10M underwritten public offering for expansion of sales operations.
- Launched 13 new generic drugs; received Health Canada approval for oncology drug NIOPEG.
- Published PLpro inhibitor study in J. Med. Chem.; completed mouse model proof-of-concept for K1.1 mRNA.