Kiora Pharmaceuticals (KPRX)
NASDAQ:KPRX

Kiora Pharmaceuticals (KPRX) AI Stock Analysis

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Kiora Pharmaceuticals

(NASDAQ:KPRX)

48Neutral
Kiora Pharmaceuticals exhibits strong financial stability with significant revenue growth in 2024 and minimal leverage. However, the stock faces challenges with negative profitability, reflected in a negative P/E ratio, and technical indicators suggest a bearish trend. While the company is on a positive trajectory, operational efficiency and cash management present areas for improvement.
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
Kiora expects to be funded into 2027 excluding any additional partnership milestones, which indicates a strong financial position.
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
Financial Performance
For 4Q24, net loss was $4.2M, higher than the estimated loss of $2.7M.
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.

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

Kiora Pharmaceuticals Business Overview & Revenue Model

Company DescriptionKiora Pharmaceuticals (KPRX) is a biopharmaceutical company focused on the development and commercialization of innovative therapies for treating ophthalmic disorders. The company operates primarily in the healthcare sector, with a commitment to addressing unmet medical needs in the field of ophthalmology. Kiora's core products are designed to treat a range of eye diseases and conditions, offering potential solutions for patients suffering from vision impairment and blindness.
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
Negative
Last Price2.62
Price Trends
50DMA
3.36
Negative
100DMA
3.42
Negative
200DMA
3.61
Negative
Market Momentum
MACD
-0.11
Positive
RSI
36.93
Neutral
STOCH
13.58
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KPRX, the sentiment is Negative. The current price of 2.62 is below the 20-day moving average (MA) of 3.09, below the 50-day MA of 3.36, and below the 200-day MA of 3.61, indicating a bearish trend. The MACD of -0.11 indicates Positive momentum. The RSI at 36.93 is Neutral, neither overbought nor oversold. The STOCH value of 13.58 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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 (48)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
50
Neutral
$9.11M-45.38%-48.61%32.18%
48
Neutral
$6.36B1.09-49.92%2.63%17.17%0.95%
48
Neutral
$8.50M3.7122.56%
42
Neutral
$7.95M-184.99%-1.54%-7.20%
38
Underperform
$7.27M-534.03%23.65%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
KPRX
Kiora Pharmaceuticals
2.62
-2.71
-50.84%
NURO
Neurometrix
4.41
0.61
16.05%
LYRA
Lyra Therapeutics
0.12
-4.98
-97.65%
ACXP
Acurx Pharmaceuticals
0.32
-1.59
-83.25%

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.