Alvotech (ALVO)
Develops and manufactures biosimilar medicines through an integrated platform and partner network.
$5.84
After hours−0.02 (−0.26%)
At close$5.86(−0.43%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Aug 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 18 | 53 | 37 | 199 | 103 | 151 | 133 | 173 | 114 | 166 | 106 | 106 |
| Cost of revenue | 37 | 56 | 20 | 45 | 40 | 80 | 65 | 74 | 35 | 61 | 46 | 52 |
| Gross profit | −19 | −3 | 17 | 154 | 63 | 71 | 67 | 99 | 79 | 105 | 60 | 54 |
| 70 | 76 | 65 | 62 | 50 | 57 | 57 | 81 | 78 | 57 | 50 | 65 | |
| Research & development | 53 | 58 | 50 | 48 | 34 | 40 | 38 | 55 | 52 | 40 | 25 | 22 |
| 17 | 18 | 15 | 14 | 17 | 15 | 19 | 27 | 26 | 20 | 26 | 44 | |
| General & administrative | 17 | 18 | 15 | 14 | 17 | 15 | 19 | 27 | 26 | 20 | 0 | 0 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | −2 | 0 | 0 |
| Operating income | −89 | −79 | −48 | 92 | 13 | 13 | 11 | 18 | 1 | 48 | 10 | −12 |
| −117 | −230 | −177 | −15 | −37 | −58 | 83 | −9 | −7 | −9 | −9 | −55 | |
| Interest income | 0 | 0 | 1 | 80 | 77 | −154 | 126 | 23 | 21 | 28 | 33 | 0 |
| Interest expense | 44 | 69 | 184 | 42 | 91 | −159 | 36 | 37 | 36 | 41 | 41 | 41 |
| Other non-operating income | 67 | 161 | −7 | 116 | −117 | 142 | −118 | −25 | −29 | 143 | −32 | 0 |
| Income before tax | −206 | −309 | −225 | 77 | −25 | −44 | 93 | 9 | −6 | 40 | 1 | −67 |
| Income tax expense | −17 | −32 | −6 | 12 | −13 | 23 | −16 | −23 | −1 | 148 | 0 | 0 |
| Net income from continuing operations | −188 | −277 | −219 | 65 | −11 | −67 | 110 | 32 | −5 | −109 | 1 | −67 |
| Net income | −188 | −277 | −219 | 65 | −11 | −67 | 110 | 32 | −5 | −109 | 1 | −67 |
| EPS, basic | −$0.70 | −$1.04 | −$0.82 | $0.25 | −$0.04 | −$0.22 | $0.39 | $0.11 | −$0.02 | −$0.38 | $0.00 | −$0.19 |
| EPS, diluted | −$0.70 | −$1.04 | −$0.82 | $0.25 | −$0.04 | −$0.22 | $0.35 | $0.10 | −$0.02 | −$0.43 | $0.00 | −$0.19 |
| Weighted average shares, basic | 267 | 267 | 267 | 259 | 280 | 302 | 281 | 281 | 300 | 279 | 330 | 357 |
| Weighted average shares, diluted | 267 | 267 | 267 | 259 | 280 | 302 | 313 | 313 | 300 | 279 | 330 | 357 |
| EBITDA | −149 | −234 | −34 | −17 | 138 | −120 | 137 | 52 | 33 | −85 | 52 | −2 |
| Depreciation & amortization | 7 | 7 | 7 | 8 | 8 | 8 | 8 | 9 | 2 | 10 | 10 | 10 |
| EBIT | −156 | −240 | −41 | −24 | 130 | −128 | 129 | 43 | 30 | −95 | 42 | −12 |
