NASDAQ$ETON

Eton Pharmaceuticals Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Eton reported a net income of $1.0 million and revenue of $6.1 million, driven by a $5.0 million milestone payment from Azurity Pharmaceuticals.

Eton Pharmaceuticals reported a profitable fourth quarter with a net income of $1.0 million, a significant improvement compared to the previous year's net loss. Revenue reached $6.1 million, boosted by a milestone payment. The company launched carglumic acid, saw accelerated growth of ALKINDI SPRINKLE through a co-promotion partnership, and launched Rezipres.

  • Eton launched carglumic acid in late December 2021, the first generic version of Carbaglu®.
  • A co-promotion agreement with Tolmar Pharmaceuticals accelerated the growth of ALKINDI SPRINKLE®.
  • Eton launched another new product, Rezipres.
  • The company has four additional products submitted to the FDA for approval.

Headline financials

Total Revenue

$6.09M

Previous: $81K+7422.2%
EPS (adj)

$0.04

Previous: -$0.32+112.5%
Capital Expenditures

$4K

Previous: $44K-90.9%
Free Cash Flow

-$5.12M

Previous: -$7.23M+29.1%
Net Income

$1M

Previous: -$7.7M+113.0%
Operating Income

$1.31M

Previous: -$7.42M+117.7%
Gross Profit

$5.81M

Previous: -$219K+2754.3%
Cash & Equivalents

$14.4M

Previous: $21.3M-32.4%
Total Assets

$27.5M

Previous: $26.3M+4.4%
Stock-Based Comp

$863K

Previous: $773K+11.6%

Revenue & EPS history

Eton · Revenue · Quarterly

$6.09M

Q4 2021+7,422.2%vs Q4 2020
Beat estimate in 4 of 11 quarters(36%)
ActualEstimate

Revenue by segment

Eton · $24.3M total across 1 segment · Q1 2026

  • Product Sales and Royalties
    $24.3M

Forward guidance

Eton expects continued growth and new product approvals in the coming quarters.

Tailwinds

  • Carglumic acid launch tracking ahead of initial expectations.
  • Co-promotion partnership with Tolmar accelerating growth of ALKINDI SPRINKLE®.
  • Launch of another new product, Rezipres.
  • Progress with four additional products submitted to the FDA.
  • Plans to submit supplement applications for Biorphen and Rezipres vials to the FDA in the second quarter of 2022.

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 Q4 2021

Historical avgQ4 2021

+0.6%

Avg return

Earnings day

+3.0%

Avg return

5 days after

+1.9%

Avg return

30 days after

48%

15 / 31 earnings

Positive

+36.0%

Q2 2023

Best reaction

-14.1%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.0%+6.7%
Q4 2025+7.5%+14.8%+20.6%
Q3 2025-11.4%-8.8%-15.0%
Q2 2025+12.5%+12.2%+15.8%
Q1 2025+0.4%+14.6%-16.2%
Q4 2024-4.0%-7.0%-6.2%
Q3 2024+9.2%+3.2%+25.2%
Q2 2024+6.6%+8.0%+31.5%
Q1 2024-7.8%-2.4%-3.0%
Q4 2023-14.1%-21.0%-23.7%
Q3 2023-13.7%-16.6%-19.1%
Q2 2023+36.0%+79.5%+83.7%
Q1 2023+2.8%+2.6%+10.3%
Q4 2022+2.6%+7.1%-7.4%
Q3 2022+18.5%+20.9%+22.8%
Q2 2022-1.0%-19.4%-22.8%
Q1 2022+1.3%+6.5%-4.9%
Q4 2021+6.1%+8.7%-1.5%
Q3 2021-3.4%-9.2%-20.7%
Q2 2021-5.0%-0.2%+12.7%
Q1 2021+5.2%+7.5%-13.4%
Q4 2020-0.7%-1.1%+5.9%
Q3 2020-1.5%+2.9%+19.9%
Q2 2020-2.2%+4.4%+12.4%
Q1 2020-9.2%-10.3%-1.1%
Q4 2019-8.4%-21.9%-39.8%
Q3 2019+1.9%+2.3%+9.2%
Q2 2019+1.6%-1.8%-14.2%
Q1 2019+3.2%+12.2%+5.9%
Q4 2018-2.3%+2.6%-5.8%
Q3 2018-8.1%-4.8%-3.2%
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017

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