NASDAQ$AYTU

Aytu BioScience Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Aytu BioPharma reported financial results for the fiscal third quarter ended March 31, 2021 and provided recent business highlights.

Aytu BioPharma reported a net revenue of $13.5 million for Q3 2021, compared to $8.2 million in the same quarter last year. The company's net loss was $25.5 million, or $1.41 per share, which included Neos merger-related expenses and inventory write-offs.

  • Closed merger with Neos Therapeutics, creating a proforma combined $100 million revenue specialty pharmaceutical company.
  • Added late-stage pediatric onset rare disease asset, protein kinase C β isoform (PKCβ) inhibitor, AR101 (enzastaurin) to development pipeline
  • Consumer health division revenue reached a record $8.4 million.
  • Rx division revenue increased by 9% over the same quarter last year.

Headline financials

Total Revenue

$13.5M

Previous: $8.16M+65.3%
EPS (adj)

-$8.60

Previous: -$30.00+71.3%
Capital Expenditures

-$15.4M

Previous: $0.00
Free Cash Flow

-$40.9M

Previous: -$5.33M-666.2%
Net Income

-$25.5M

Previous: -$5.33M-377.5%
Operating Income

-$25.7M

Previous: -$4.79M-435.4%
Gross Profit

-$200K

Previous: $6.16M-103.3%
Cash & Equivalents

$46.5M

Previous: $62.3M-25.3%
Total Assets

$272M

Previous: $159M+70.8%
Stock-Based Comp

$1.52M

No prior period

Revenue & EPS history

Aytu BioScience · Revenue · Quarterly

$13.5M

Q3 2021+65.3%vs Q3 2020
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Revenue by segment

Aytu BioScience · $210K total across 1 segment · Q4 2023

  • Other
    $210K-42.6%

Forward guidance

Aytu BioPharma anticipates several milestones and events for calendar year 2021 and 2022.

Tailwinds

  • Continue discussions with the FDA and other regulatory agencies regarding the advancement of its Healight™ UVA light catheter technology.
  • Initiate Phase 2 trial of Healight in COVID-19 in second half of 2021.
  • Announce multiple new product launches for the consumer health segment in the second half of 2021.
  • Integrate sales forces and Neos RxConnect, to be rebranded as Aytu RxConnect, in the second half of 2021.
  • Participate in Jefferies Virtual Healthcare Conference on Tuesday, June 1st and the Raymond James Human Health Innovation Conference on Wednesday, June 23rd.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

-1.0%

Avg return

Earnings day

-4.9%

Avg return

5 days after

-7.0%

Avg return

30 days after

19%

12 / 64 earnings

Positive

+91.7%

Q3 2025

Best reaction

-31.0%

Q2 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-0.4%-9.7%-4.9%
Q2 2026-3.3%-11.8%-4.4%
Q1 2026-13.1%-2.9%+11.7%
Q4 2025-20.1%-31.9%-9.6%
Q3 2025+91.7%+50.4%+44.4%
Q2 2025-0.7%+0.7%-13.7%
Q1 2025-10.9%-8.0%-17.2%
Q4 2024-2.9%-3.3%-11.1%
Q3 2024-10.8%-7.2%-14.2%
Q2 2024+4.3%+6.0%-4.0%
Q1 2024-14.2%-14.2%+6.7%
Q4 2023+61.8%+76.4%+60.6%
Q3 2023-12.8%-16.6%-24.2%
Q2 2023-5.1%-9.9%-29.8%
Q1 2023+5.3%+21.1%+10.5%
Q4 2022+0.0%+0.0%-10.5%
Q3 2022+5.8%+7.7%-5.8%
Q2 2022+5.6%+4.8%-13.5%
Q1 2022-10.5%-18.2%-36.0%
Q4 2021-3.7%-0.7%-19.9%
Q3 2021+0.7%+5.0%-5.9%
Q2 2021-5.3%-9.0%-5.1%
Q1 2021-4.9%-8.8%-38.4%
Q4 2020-14.1%-16.3%-23.0%
Q3 2020-7.7%-13.0%-13.0%
Q2 2020+2.6%+2.6%+49.4%
Q1 2020-21.7%-28.3%-14.2%
Q4 2019-10.9%-16.7%-18.8%
Q3 2019-6.7%-14.8%-21.1%
Q2 2019-22.0%-21.2%+6.8%
Q1 2019-22.0%-21.2%+6.8%
Q4 2018-2.8%-13.0%-10.2%
Q3 2018+24.2%+12.1%+21.2%
Q2 2018-31.0%-54.5%-86.6%
Q1 2018-14.8%-22.6%-29.0%
Q4 2017-3.0%+3.8%+7.8%
Q3 2017-4.0%-9.3%-6.7%
Q2 2017-4.9%-9.8%-16.7%
Q1 2017+11.6%+5.4%+16.1%
Q4 2016+5.3%+2.7%-13.1%
Q3 2016-3.1%
Q2 2016+7.7%
Q1 2016+0.0%
Q4 2015+0.0%
Q3 2015+0.0%
Q2 2015+0.0%
Q1 2015+0.0%
Q4 2014+0.0%
Q3 2014+0.0%
Q2 2014+0.0%
Q1 2014+0.0%
Q4 2013+0.0%
Q3 2013+0.0%
Q2 2013+0.0%
Q1 2013+0.0%
Q4 2012+0.0%
Q3 2012+0.0%
Q2 2012+0.0%
Q1 2012+0.0%
Q4 2011+0.0%
Q3 2010+0.0%
Q2 2010+0.0%
Q1 2010+0.0%
Q4 2010+0.0%

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