earnings
confidence high
sentiment positive
materiality 0.80
Royalty Pharma Q4 Adj Cash Receipts up 96% YoY; guides FY23 $2.375-$2.475B excl. $475M milestone
Royalty Pharma plc
2022-FY EPS reported
$0.10
revenue$2,237,215,000
- Q4 2022 Adj Cash Receipts $1,064M (+96% YoY); FY 2022 $2,789M (+31%).
- Q4 GAAP operating cash flow $570M (+16% YoY); FY $2,144M (+6%).
- Announced transactions up to $3.5B in 2022, including $2.0B in upfront payments.
- FY 2023 guidance: Adj Cash Receipts $2,375M-$2,475M, underlying growth 4-9% prior to Biohaven payments; excludes potential $475M zavegepant milestone.
- In 2023, agreed to provide $500M upfront to Ionis Pharmaceuticals for a new partnership.