Reported Q: Q2 2024 Rev YoY: +34.1% EPS YoY: +99.3% Move: -0.38%
Biofrontera AG
0DOL.L
€2.62 -0.38%
Exchange LSE Sector Healthcare Industry Medical Pharmaceuticals
Q2 2024
Published: Aug 14, 2024

Company Status Snapshot

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

Reported

Report Date

Aug 14, 2024

Quarter Q2 2024

Revenue

7.84M

YoY: +34.1%

EPS

-0.05

YoY: +99.3%

Market Move

-0.38%

Previous quarter: N/A

Follow this company to get upcoming quarter alerts automatically.

Earnings Highlights

  • Revenue of $7.84M up 34.1% year-over-year
  • EPS of $-0.05 increased by 99.3% from previous year
  • Gross margin of 44.6%
  • Net income of -257.00K
  • "N/A" - N/A
0DOL.L

Swipe to view all report sections

Executive Summary

Biofrontera AG delivered USD 7.84 million in revenue for Q2 2024, representing a YoY increase of 34.0% but a QoQ decline of 0.8%. The gross margin stood at approximately 44.6%, with gross profit of USD 3.50 million. Despite a positive EBITDA of USD 0.69 million, the company recorded a substantial operating loss of USD 5.07 million, driven predominantly by selling, general, and administrative expenses (SG&A) totaling USD 7.95 million and R&D expenditure of USD 0.62 million. Net income was negative USD 0.26 million, with earnings per share of -0.0505. The quarterly cash flow from operations was -USD 4.72 million, while financing activity contributed USD 5.28 million—primarily from common stock issuance—leaving the company with USD 4.38 million in cash at period end. Biofrontera remains net debt negative (net debt of -USD 2.94 million) due to its cash position, and maintains a solid current ratio of 2.19.

Key Performance Indicators

Revenue
Increasing
7.84M
QoQ: -0.78% | YoY: 34.05%
Gross Profit
Increasing
3.50M
44.61% margin
QoQ: -11.58% | YoY: 18.14%
Operating Income
Increasing
-5.07M
QoQ: 7.24% | YoY: 41.71%
Net Income
Increasing
-257.00K
QoQ: 97.54% | YoY: 97.39%
EPS
Increasing
-0.05
QoQ: 98.25% | YoY: 99.30%

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