HRMY - Harmony Biosciences Holdings, Inc.
NASDAQ
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Healthcare
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Biotechnology
Plymouth Meeting,
United States
Type: Equity
HRMY price evolution
HRMY
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $332.98 | $311.66 | $324.6 | $317.42 |
| Short term investments | $39.37 | $41.8 | $46.07 | $53.57 |
| Net receivables | $79.72 | $74.14 | $67.26 | $63.81 |
| Inventory | $5.86 | $5.36 | $5.09 | $4.85 |
| Total current assets | $479.5 | $451.07 | $463 | $455.64 |
| Long term investments | $81.51 | $72.44 | $67.95 | $58.9 |
| Property, plant & equipment | $0.21 | $0.37 | $0.43 | $0.57 |
| Goodwill & intangible assets | $131.15 | $137.11 | $143.07 | $149.03 |
| Total noncurrent assets | $367.48 | $360.38 | $314.77 | $304.54 |
| Total investments | $120.88 | $114.24 | $114.02 | $112.47 |
| Total assets | $846.99 | $811.45 | $777.77 | $760.18 |
| Current liabilities | ||||
| Accounts payable | $15.14 | $17.73 | $6.54 | $6.56 |
| Deferred revenue | ||||
| Short long term debt | $15 | $15 | $15 | $11 |
| Total current liabilities | $154.25 | $163.78 | $112.41 | $93.05 |
| Long term debt | $175 | $178.57 | $182.13 | $180.49 |
| Total noncurrent liabilities | $177.34 | $180.68 | $184.03 | $181.97 |
| Total debt | $190 | $193.57 | $197.13 | $191.49 |
| Total liabilities | $331.59 | $344.46 | $296.43 | $275.01 |
| Shareholders' equity | ||||
| Retained earnings | -$104.94 | -$143.28 | -$169.88 | -$208.34 |
| Other shareholder equity | -$0.17 | $0 | -$0.52 | -$0.52 |
| Total shareholder equity | $515.39 | $466.99 | $481.33 | $485.17 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $311.66 | $243.78 | $234.31 | $228.63 |
| Short term investments | $41.8 | $79.33 | ||
| Net receivables | $74.14 | $54.74 | $34.84 | $22.18 |
| Inventory | $5.36 | $4.3 | $4.43 | $3.82 |
| Total current assets | $451.07 | $400.29 | $284.44 | $262.89 |
| Long term investments | $72.44 | $23.32 | $0.75 | $0.75 |
| Property, plant & equipment | $0.37 | $2.88 | $0.82 | $0.94 |
| Goodwill & intangible assets | $137.11 | $160.95 | $143.92 | $162.34 |
| Total noncurrent assets | $360.38 | $273.58 | $149 | $164.18 |
| Total investments | $114.24 | $102.65 | $0.75 | $0.75 |
| Total assets | $811.45 | $673.87 | $433.44 | $427.07 |
| Current liabilities | ||||
| Accounts payable | $17.73 | $3.79 | $1 | $2.56 |
| Deferred revenue | ||||
| Short long term debt | $15 | $2 | $2 | |
| Total current liabilities | $163.78 | $78.88 | $53.77 | $134.54 |
| Long term debt | $178.57 | $189.65 | $189.98 | $194.25 |
| Total noncurrent liabilities | $180.68 | $192.15 | $193.16 | $195.35 |
| Total debt | $193.57 | $191.65 | $191.98 | $194.25 |
| Total liabilities | $344.46 | $271.03 | $246.94 | $329.89 |
| Shareholders' equity | ||||
| Retained earnings | -$143.28 | -$272.13 | -$453.6 | -$488.19 |
| Other shareholder equity | $0 | -$0.15 | ||
| Total shareholder equity | $466.99 | $402.84 | $186.51 | $97.18 |
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $154.62 | $168.41 | $160.27 | $134.22 |
| Cost of revenue | $27.48 | $43.15 | $32.3 | $25.01 |
| Gross Profit | $127.13 | $125.26 | $127.97 | $109.21 |
| Operating activities | ||||
| Research & development | $22.19 | $30.31 | $17.5 | $14.97 |
| Selling, general & administrative | $52.91 | $54.76 | $45.96 | $47.34 |
| Total operating expenses | $75.1 | $85.06 | $63.46 | $62.31 |
| Operating income | $52.03 | $40.2 | $64.51 | $46.9 |
| Income from continuing operations | ||||
| EBIT | $56.32 | $55.12 | $54.74 | $46.87 |
| Income tax expense | $13.45 | $13.08 | $13.37 | $9.79 |
| Interest expense | $4.54 | $15.43 | $2.91 | $2.78 |
| Net income | ||||
| Net income | $38.33 | $26.61 | $38.46 | $34.3 |
| Income (for common shares) | $38.33 | $26.61 | $38.46 | $34.3 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $582.02 | $437.86 | $305.44 | $159.74 |
| Cost of revenue | $121.24 | $83.48 | $55.52 | $27.74 |
| Gross Profit | $460.79 | $354.37 | $249.92 | $132 |
| Operating activities | ||||
| Research & development | $76.06 | $70.89 | $30.37 | $19.45 |
| Selling, general & administrative | $192.69 | $163.3 | $132.03 | $95.57 |
| Total operating expenses | $268.76 | $234.19 | $162.39 | $115.02 |
| Operating income | $192.03 | $120.19 | $87.53 | $16.99 |
| Income from continuing operations | ||||
| EBIT | $197.15 | $120.36 | $61.4 | -$8.72 |
| Income tax expense | $44.54 | -$76.78 | $2.83 | |
| Interest expense | $23.76 | $15.67 | $23.97 | $28.22 |
| Net income | ||||
| Net income | $128.85 | $181.47 | $34.6 | -$36.94 |
| Income (for common shares) | $128.85 | $181.47 | $34.6 | -$63.85 |
| (in millions $) | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 |
|---|---|---|---|---|
| Net income | $38.33 | $26.61 | $38.46 | $34.3 |
| Operating activities | ||||
| Depreciation | $6.12 | $6.13 | $6.11 | $6.06 |
| Business acquisitions & disposals | -$36.97 | |||
| Stock-based compensation | $10.43 | $8.89 | $7.96 | $7.79 |
| Total cash flows from operations | $31.14 | $76.67 | $63.1 | $37.06 |
| Investing activities | ||||
| Capital expenditures | -$0.01 | -$0.11 | -$0.2 | |
| Investments | -$6.18 | $1.01 | -$0.81 | -$7.57 |
| Total cash flows from investing | -$6.19 | -$36.06 | -$0.81 | -$7.77 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $0.12 | -$49.77 | -$49.76 | $0.68 |
| Net borrowings | -$3.75 | -$3.75 | -$5.34 | -$0.5 |
| Total cash flows from financing | -$3.63 | -$53.52 | -$55.1 | -$0.34 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $21.32 | -$12.92 | $7.19 | $28.95 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $128.85 | $181.47 | $34.6 | -$36.94 |
| Operating activities | ||||
| Depreciation | $24.36 | $23.39 | $18.84 | $10.24 |
| Business acquisitions & disposals | -$36.97 | -$40 | -$100 | -$2 |
| Stock-based compensation | $31.21 | $26.91 | $16.11 | $5.19 |
| Total cash flows from operations | $219.39 | $144.47 | $98.56 | -$2.98 |
| Investing activities | ||||
| Capital expenditures | -$0.31 | -$0.17 | -$0.3 | -$0 |
| Investments | -$9.16 | -$101.66 | ||
| Total cash flows from investing | -$46.44 | -$141.83 | -$100.3 | -$2 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$94.94 | $8.84 | $39.07 | $147.76 |
| Net borrowings | -$10.09 | -$2 | -$31.65 | $73.61 |
| Total cash flows from financing | -$105.55 | $6.84 | $7.42 | $209.16 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $67.4 | $9.47 | $5.68 | $204.17 |
News
Fundamentals
| Market cap | $1.71B |
|---|---|
| Enterprise value | $1.57B |
| Shares outstanding | 56.79M |
| Revenue | $617.51M |
|---|---|
| EBITDA | $237.47M |
| EBIT | $213.05M |
| Net Income | $137.70M |
| Revenue Q/Q | 29.79% |
| Revenue Y/Y | N/A |
| P/E ratio | 12.43 |
|---|---|
| EV/Sales | 2.54 |
| EV/EBITDA | 6.61 |
| EV/EBIT | 7.36 |
| P/S ratio | 2.77 |
| P/B ratio | 3.32 |
| Book/Share | 9.08 |
| Cash/Share | 5.86 |
| EPS | $2.42 |
|---|---|
| ROA | 17.23% |
| ROE | 28.26% |
| Debt/Equity | 0.74 |
|---|---|
| Net debt/EBITDA | -0.01 |
| Current ratio | 3.11 |
| Quick ratio | 3.07 |