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Kiora Pharmaceuticals (KPRX)
NASDAQ:KPRX

Kiora Pharmaceuticals (KPRX) AI Stock Analysis

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Kiora Pharmaceuticals

(NASDAQ:KPRX)

56Neutral
Kiora Pharmaceuticals shows strong financial health with solid revenue growth and minimal debt, contributing positively to its stock score. However, weak technical indicators suggest bearish market sentiment, partially offsetting the financial strengths. The attractive valuation with a low P/E ratio presents potential upside, particularly if technical conditions improve.
Positive Factors
Clinical Trials
The company has received approval to initiate the Phase 2 ABACUS-2 trial of KIO-301 in retinitis pigmentosa.
Financial Position
The company had $26.8M in cash and investments, which may be sufficient to fund operations into 2027.
Partnerships
Kiora has secured a partnership with Laboratoires Théa with a $16M upfront payment and potential milestones up to $285M, indicating strong commercial support.
Negative Factors
Clinical Risks
Risks include the failure of KIO-301 in clinical trials, to secure regulatory approval, or to achieve commercial success due to reimbursement, penetration rate, and competition.
Financial Performance
For 4Q24, net loss was $4.2M, higher than the estimated loss of $2.7M.

Kiora Pharmaceuticals (KPRX) vs. S&P 500 (SPY)

Kiora Pharmaceuticals Business Overview & Revenue Model

Company DescriptionKiora Pharmaceuticals, Inc., a clinical-stage specialty pharmaceutical company, develops and commercializes therapies for the treatment of ophthalmic diseases in the United States. Its lead product is KIO-301, a potential vision-restoring small molecule, which is in Phase 1 clinical trial that acts as a photoswitch to restore vision in patients with inherited and age-related degenerative retinal diseases. The company is also developing KIO-101, an eye drop that is in Phase 2 clinical trial for the treatment of ocular presentation of rheumatoid arthritis, as well as for treating non-infectious posterior uveitis; and KIO-201, an eye drop, which is in Phase 3 clinical trial for treating patients undergoing PRK surgery for corneal wound repair after refractive surgery. The company was formerly known as Eyegate Pharmaceuticals, Inc. and changed its name to Kiora Pharmaceuticals, Inc. in November 2021. Kiora Pharmaceuticals, Inc. was incorporated in 1998 and is headquartered in Salt Lake City, Utah.
How the Company Makes MoneyKiora Pharmaceuticals generates revenue primarily through the sale and licensing of its ophthalmic products and therapies. The company's revenue model includes direct sales to healthcare providers, partnerships with pharmaceutical companies for the co-development and distribution of its products, and potential milestone payments and royalties from licensing agreements. These partnerships and collaborations are crucial as they provide access to broader markets and additional resources for research and development. Kiora's focus on innovative treatments for eye disorders positions it to capture a niche market, potentially leading to substantial revenue growth as its products gain regulatory approval and market acceptance.

Kiora Pharmaceuticals Financial Statement Overview

Summary
Kiora Pharmaceuticals has shown significant revenue growth in 2024 and improved profitability metrics, with a 100% gross profit margin and a net profit margin of 48.2%. The company maintains minimal leverage with a debt-to-equity ratio of 0.002 and a strong equity position. However, cash flow metrics suggest limited operational efficiency, though overall financial health remains promising.
Income Statement
45
Neutral
Kiora Pharmaceuticals showed significant revenue growth in 2024 with a total revenue of $16.02 million compared to zero in previous years, indicating a positive turnaround. The gross profit margin is 100% for 2024, suggesting effective cost management. However, the net profit margin stands at 48.2%, hinting at some cost controls needing improvement. The EBIT margin is at 16.4%, but the absence of EBITDA data limits further analysis.
Balance Sheet
60
Neutral
The balance sheet reveals a solid equity position with a debt-to-equity ratio of 0.002, indicating minimal leverage and strong financial stability. The return on equity is 30%, reflecting efficient use of equity to generate profits. The equity ratio is 70.6%, suggesting a healthy balance between debt and equity financing.
Cash Flow
55
Neutral
The company experienced positive free cash flow in 2024, a substantial improvement from previous years. The free cash flow to net income ratio is 1.11, indicating strong cash generation relative to profits. However, the operating cash flow to net income ratio of 1.11 suggests that cash generation from operations aligns closely with net income, which may limit further cash flow leverage.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
16.02M0.000.000.0012.06K
Gross Profit
16.02M-4.03M-134.03K-227.27K-188.16K
EBIT
4.51M-12.59M-12.31M-16.94M-8.19M
EBITDA
5.70M-12.35M-13.55M-13.73M-6.65M
Net Income Common Stockholders
3.59M-12.51M-13.58M-16.39M-8.09M
Balance SheetCash, Cash Equivalents and Short-Term Investments
26.79M2.45M5.96M7.85M1.19M
Total Assets
36.48M13.71M18.68M18.06M15.16M
Total Debt
57.17K106.89K105.78K209.41K362.12K
Net Debt
-3.74M-2.35M-5.86M-7.65M-823.56K
Total Liabilities
10.72M7.60M7.27M8.83M8.16M
Stockholders Equity
25.76M6.11M11.41M9.22M7.00M
Cash FlowFree Cash Flow
8.55M-9.56M-10.43M-10.95M-7.45M
Operating Cash Flow
8.56M-9.56M-10.43M-10.89M-7.32M
Investing Cash Flow
-22.66M0.006.38K-157.02K-244.44K
Financing Cash Flow
15.50M5.97M8.62M17.80M5.00M

Kiora Pharmaceuticals Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price3.20
Price Trends
50DMA
3.11
Positive
100DMA
3.34
Negative
200DMA
3.52
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
62.38
Neutral
STOCH
85.14
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KPRX, the sentiment is Neutral. The current price of 3.2 is above the 20-day moving average (MA) of 2.85, above the 50-day MA of 3.11, and below the 200-day MA of 3.52, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 62.38 is Neutral, neither overbought nor oversold. The STOCH value of 85.14 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for KPRX.

Kiora Pharmaceuticals Risk Analysis

Kiora Pharmaceuticals disclosed 49 risk factors in its most recent earnings report. Kiora Pharmaceuticals reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Kiora Pharmaceuticals Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
56
Neutral
$9.60M4.5322.56%
51
Neutral
$5.32B3.41-40.36%2.89%17.93%2.52%
43
Neutral
$8.94M-45.38%-48.61%32.18%
42
Neutral
$6.92M-184.99%-1.54%-7.20%
39
Underperform
$9.06M-534.03%23.65%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
KPRX
Kiora Pharmaceuticals
3.20
-1.14
-26.27%
NURO
Neurometrix
4.34
-0.36
-7.66%
ERNA
Eterna Therapeutics
0.22
-1.61
-87.98%
PMCB
PharmaCyte Biotech
1.22
-0.90
-42.45%
LYRA
Lyra Therapeutics
0.10
-4.63
-97.89%
ACXP
Acurx Pharmaceuticals
0.40
-1.79
-81.74%

Kiora Pharmaceuticals Corporate Events

Product-Related AnnouncementsRegulatory Filings and Compliance
Kiora Pharmaceuticals Gains Approval for Phase 2 Trial
Positive
Oct 29, 2024

Kiora Pharmaceuticals has received regulatory approval to begin a Phase 2 clinical trial of KIO-301 for treating retinitis pigmentosa, aiming to restore vision in patients with severe vision loss. The ABACUS-2 trial will assess the drug’s safety and efficacy across multiple centers in Australia, utilizing a unique photoswitch mechanism that could work for various gene mutations associated with retinal diseases. This innovative approach, supported by Théa Open Innovation, offers hope for a breakthrough in treating inherited retinal conditions.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.