Reported Q: Q3 2024 Rev YoY: +1.5% EPS YoY: +78.9% Move: -0.38%
Biofrontera AG
0DOL.L
€2.62 -0.38%
Exchange LSE Sector Healthcare Industry Medical Pharmaceuticals
Q3 2024
Published: Nov 14, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for 0DOL.L

Reported

Report Date

Nov 14, 2024

Quarter Q3 2024

Revenue

9.01M

YoY: +1.5%

EPS

-0.98

YoY: +78.9%

Market Move

-0.38%

Previous quarter: Q2 2024

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Earnings Highlights

  • Revenue of $9.01M up 1.5% year-over-year
  • EPS of $-0.98 increased by 78.9% from previous year
  • Gross margin of 45.9%
  • Net income of -5.67M
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0DOL.L

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Executive Summary

Overview: Biofrontera AG reported Q3 2024 revenue of USD 9.01 million, up 14.96% QoQ and 1.50% YoY, supported by its dermatology product portfolio (Ameluz, BF-RhodoLED) and improving utilization in key markets. Despite the revenue uptick, the company posted a net loss of USD 5.67 million and an EBITDA loss of USD 5.35 million, driven primarily by sustained operating expenses and ongoing investments in commercialization and R&D. The quarterly results also reflect continued cash burn, with net cash used in operating activities of USD 1.21 million and a net cash decrease of USD 1.51 million for the period, ending with USD 3.07 million in cash and cash equivalents. On the balance sheet, Biofrontera carries a modest equity base (USD 5.53 million) and a net debt position of USD -1.88 million, highlighting a fragile liquidity runway that will hinge on successful product monetization and potential pipeline milestones.

Key Performance Indicators

Revenue
Increasing
9.01M
QoQ: 14.96% | YoY: 1.50%
Gross Profit
Decreasing
4.14M
45.88% margin
QoQ: 18.24% | YoY: -5.68%
Operating Income
Decreasing
-4.96M
QoQ: 2.19% | YoY: -7.36%
Net Income
Increasing
-5.67M
QoQ: -2 105.84% | YoY: 10.61%
EPS
Increasing
-0.98
QoQ: -1 840.59% | YoY: 78.88%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 9.03 -0.57 +15.2% View
Q1 2025 8.59 -0.76 +8.7% View
Q4 2024 12.55 2.97 +18.5% View
Q3 2024 9.01 -0.98 +1.5% View
Q2 2024 7.84 -0.05 +34.1% View