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9 Meters Biopharma Past Earnings Performance

Past criteria checks 0/6

9 Meters Biopharma's earnings have been declining at an average annual rate of -15.8%, while the Pharmaceuticals industry saw earnings growing at 7.6% annually.

Key information

-15.8%

Earnings growth rate

47.6%

EPS growth rate

Pharmaceuticals Industry Growth	7.3%
Revenue growth rate	n/a
Return on equity	n/a
Net Margin	n/a
Last Earnings Update	31 Mar 2023

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How 9 Meters Biopharma makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:2Q3A Revenue, expenses and earnings (USD Millions)
Date	Earnings	G+A Expenses	R&D Expenses
31 Mar 23	-46	11	32
31 Dec 22	-44	11	31
30 Sep 22	-41	11	29
30 Jun 22	-46	11	29
31 Mar 22	-43	10	27
31 Dec 21	-37	9	22
30 Sep 21	-32	8	18
30 Jun 21	-27	8	17
31 Mar 21	-63	10	12
31 Dec 20	-61	10	11
30 Sep 20	-65	10	13
30 Jun 20	-66	11	12
31 Mar 20	-26	9	15
31 Dec 19	-27	10	14
30 Sep 19	-22	10	10
30 Jun 19	-14	9	4
31 Mar 19	-14	9	2
31 Dec 18	-24	11	8
30 Sep 18	-22	10	7
30 Jun 18	-24	10	9
31 Mar 18	-23	10	9
31 Dec 17	-12	7	4
30 Sep 17	-11	7	4

Quality Earnings: 2Q3A is currently unprofitable.

Growing Profit Margin: 2Q3A is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2Q3A is unprofitable, and losses have increased over the past 5 years at a rate of 15.8% per year.

Accelerating Growth: Unable to compare 2Q3A's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2Q3A is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (11%).

Return on Equity

High ROE: 2Q3A's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

This company listing is no longer active

9 Meters Biopharma Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Recent updates

9 Meters Biopharma Receives Notice from Nasdaq Regarding Non-Compliance with Minimum Bid Price Rule

9 Meters Biopharma, Inc. Appoints Bethany Sensenig as Interim CEO

9 Meters Biopharma, Inc. Announces the Resignation of John Temperato as President

9 Meters Biopharma, Inc. Announces Phase 3 Study of Vurolenatide in Short Bowel Syndrome

High number of new and inexperienced directors

9 Meters Biopharma Announces Positive Final Results from Phase 2 VIBRANT Study and Successful End-of-Phase 2 Meeting with FDA for Vurolenatide in Short Bowel Syndrome

9 Meters Biopharma Announces Positive Preliminary Results from Phase 2 Study of Vurolenatide in Short Bowel Syndrome

9 Meters Biopharma, Inc. announced that it expects to receive $70 million in funding

9 Meters Biopharma, Inc., Annual General Meeting, Jun 22, 2022

High number of new and inexperienced directors

President recently bought €50k worth of stock

9 Meters Biopharma Provides Clinical Update on Late-Stage Pipeline Products Vurolenatide for Short Bowel Syndrome and Larazotide for Celiac Disease

Independent Chairman recently bought €84k worth of stock

9 Meters Biopharma, Inc. Announces Initiation of Phase 2 Vibrant Study of Vurolenatide for Short Bowel Syndrome

9 Meters Biopharma, Inc. Announces Publication in Journal of Clinical Investigation Describing Successful Use of Larazotide for Treating Multisystem Inflammatory Syndrome in Children Resulting from Covid-19 Infection

9 Meters Biopharma, Inc. Receives USAN Approval to Use the Designated Nonproprietary Name Vurolenatide for Its Long-Acting GLP-1 Agonist for Short Bowel Syndrome

Forecast to breakeven in 2024

9 Meters Biopharma Hosting Key Opinion Leader Webinar on Short Bowel Syndrome and NM-002 Program Update

9 Meters Biopharma Inc Appoints Michael Rice as Board of Director

New 90-day high: €1.86

9 Meters Biopharma, Inc. Announces the Resignation of Nissim Darvish as Director

Independent Director has left the company

New 90-day high: €1.22

New 90-day high: €1.19

9 Meters Biopharma, Inc. has completed a Follow-on Equity Offering in the amount of $30.000001 million.

New 90-day high: €0.85

9 Meters Biopharma Announces Positive Preclinical Data for NM-102, a Gut Microbiome Modulator in an Immune Checkpoint Inhibitor Failure Model

Independent Chairman recently bought €81k worth of stock

New 90-day high - €0.74

Innovate Biopharmaceuticals, Inc. (NasdaqCM:INNT) completed the acquisition of RDD Pharma, Ltd. from OrbiMed Israel Partners managed by OrbiMed Advisors, L.L.C. and others.

9 Meters Biopharma, Inc.(NasdaqCM:NMTR) dropped from Russell Microcap Index

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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