FibroGen Inc
0IL8.L
$8.30 -1.19%
Exchange: LSE | Sector: Healthcare | Industry: Medical Pharmaceuticals
Q3 2024
Published: Nov 12, 2024

Earnings Highlights

  • Revenue of $46.33M up 15.5% year-over-year
  • EPS of $-0.17 increased by 73.9% from previous year
  • Gross margin of 88.6%
  • Net income of -17.08M
  • "N/A" -
0IL8.L
Company 0IL8.L

Executive Summary

FibroGen reported Q3 2024 revenue of $46.33 million, up 15.5% year over year but down 8.5% quarter over quarter, reflecting ongoing investment in a late-stage development portfolio and seasonal/quarterly dynamics. The gross margin remained robust at 88.6%, driven by mix and cost of revenue efficiency, while operating losses persisted: operating income was -$16.78 million and net income -$17.08 million, translating to an EPS of -$0.17. The company’s balance sheet shows a structurally weak equity position with total stockholders’ equity of -$201.7 million and total liabilities of $466.1 million against assets of $264.4 million, underscoring a need for continued external capital or milestone/dividend-related inflows to sustain liquidity as R&D remains a primary use of cash.

Key Performance Indicators

Revenue
Increasing
46.33M
QoQ: -8.51% | YoY: 15.45%
Gross Profit
Increasing
41.04M
88.57% margin
QoQ: -9.73% | YoY: 14.34%
Operating Income
Increasing
-16.78M
QoQ: -53.66% | YoY: 73.57%
Net Income
Increasing
-17.08M
QoQ: -9.91% | YoY: 73.14%
EPS
Increasing
-0.17
QoQ: -6.25% | YoY: 73.85%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2025 1.08 49.61 -97.7% View
Q2 2025 1.35 -1.88 -97.3% View
Q1 2025 2.74 0.05 -89.2% View
Q4 2024 -123.26 0.18 -554.2% View
Q3 2024 46.33 -0.17 +15.5% View