Chinook Therapeutics, Inc.

NasdaqGS:KDNY Stock Report

Market Cap: US$2.9b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Chinook Therapeutics Past Earnings Performance

Past criteria checks 0/6

Chinook Therapeutics's earnings have been declining at an average annual rate of -41.1%, while the Biotechs industry saw earnings growing at 17.4% annually. Revenues have been growing at an average rate of 49% per year.

Key information

-41.08%

Earnings growth rate

60.81%

EPS growth rate

Biotechs Industry Growth17.04%
Revenue growth rate49.01%
Return on equity-68.80%
Net Margin-4,199.93%
Last Earnings Update30 Jun 2023

Recent past performance updates

Recent updates

Analysis Article May 28

Will Chinook Therapeutics (NASDAQ:KDNY) Spend Its Cash Wisely?

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Feb 14

Companies Like Chinook Therapeutics (NASDAQ:KDNY) Are In A Position To Invest In Growth

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Seeking Alpha Aug 31

Chinook Therapeutics: Multiple Shots On Goal For IgAN

Summary Shares have risen by 50% since coming public via reverse merger in 2020. Lead drug atrasentan has shown promising reductions in proteinuria that exceed approved treatment Tarpeyo. Competition in IgAN should not be underestimated from the likes of Travere Therapeutics, Vera Therapeutics and other peers. BION-1301 offers them a second shot on goal with superior potency. Key readouts for both assets are approaching in 2023. KDNY is a Buy and I suggest accumulating dips to high-teens. Key risks include emerging competition in IgAN as well as disappointing pivotal readout for atrasentan.
Analysis Article Aug 12

Analysts Have Just Cut Their Chinook Therapeutics, Inc. (NASDAQ:KDNY) Revenue Estimates By 17%

One thing we could say about the analysts on Chinook Therapeutics, Inc. ( NASDAQ:KDNY ) - they aren't optimistic...
Seeking Alpha Aug 08

Chinook Therapeutics GAAP EPS of -$0.61 in-line, revenue of $0.42M in-line

Chinook Therapeutics press release (NASDAQ:KDNY): Q2 GAAP EPS of -$0.61 in-line. Revenue of $0.42M (+1300.0% Y/Y) in-line.
Seeking Alpha Jul 05

Chinook gets European orphan drug designation for BION-1301 for a type of kidney disease

Chinook Therapeutics (NASDAQ:KDNY) on Tuesday said it had got European orphan drug designation for its BION-1301 treatment for primary IgA nephropathy, a type of kidney disease. The European drug regulator's orphan designation is given to medicines developed for rare, life-threatening diseases. The orphan drug designation for BION-1301 follows a positive opinion from a European drug regulator committee. KDNY will be evaluating BION-1301 in a phase 3 study in 2023. KDNY stock closed largely unchanged at $17.51 on Friday.

Revenue & Expenses Breakdown

How Chinook Therapeutics makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:KDNY Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 236-246440
31 Mar 235-216400
31 Dec 226-188360
30 Sep 2257-118340
30 Jun 2254-92310
31 Mar 2254-97300
31 Dec 2152-103320
30 Sep 211-160350
30 Jun 211-149310
31 Mar 211-114270
31 Dec 201-82190
30 Sep 200-5280
30 Jun 200-5461
31 Mar 200-4822
31 Dec 190-4726

Quality Earnings: KDNY is currently unprofitable.

Growing Profit Margin: KDNY is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: KDNY is unprofitable, and losses have increased over the past 5 years at a rate of 41.1% per year.

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

Earnings vs Industry: KDNY is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (-42.7%).


Return on Equity

High ROE: KDNY has a negative Return on Equity (-68.8%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/08/12 13:06
End of Day Share Price 2023/08/10 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Chinook Therapeutics, Inc. is covered by 11 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Antonia BorovinaBloom Burton & Co.
Charles DuncanCantor Fitzgerald & Co.
Joshua SchimmerEvercore ISI