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Biofrontera Inc. (BFRI) 10-Year Financial Performance & Capital Metrics

BFRI • • Industrial / General
HealthcareSpecialty & Generic PharmaSpecialty PharmaceuticalsDermatology & Aesthetics
AboutBiofrontera Inc., a biopharmaceutical company, engages in the commercialization of pharmaceutical products for the treatment of dermatological conditions in the United States. The company offers Ameluz, which is a prescription drug approved for use in combination with the company's licensor's medical device; and the RhodoLED lamp series for photodynamic therapy for the lesion-directed and field-directed treatment of actinic keratosis of mild-to-moderate severity on the face and scalp. It also Xepi, a prescription cream for the treatment of impetigo. The company was incorporated in 2015 and is headquartered in Woburn, Massachusetts.Show more
  • Revenue $37M +9.5%
  • EBITDA -$16M +25.7%
  • Net Income -$18M +11.8%
  • EPS (Diluted) -3.22 +75.3%
  • Gross Margin 50.12% +2.7%
  • EBITDA Margin -43.06% +32.1%
  • Operating Margin -46.14% +30.7%
  • Net Margin -47.61% +19.4%
  • ROE -384.98% -174.1%
  • ROIC -209.9% -4.1%
  • Debt/Equity 1.11 -1.4%
  • Interest Coverage -8.17 +78.4%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Trading at only 1.0x book value
  • ✓Efficient asset utilization: 1.7x turnover

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Shares diluted 100.0% in last year
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y7.34%
3Y15.68%
TTM5.14%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-36.89%

EPS CAGR

10Y-
5Y-
3Y-
TTM145.12%

ROCE

10Y Avg-94.25%
5Y Avg-95.55%
3Y Avg-113.39%
Latest-172.76%

Peer Comparison

Dermatology & Aesthetics
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
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Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
BFRIBiofrontera Inc.9.73M0.84-0.269.49%-47.28%-384.98%1.11
EOLSEvolus, Inc.324.1M5.00-6.1731.76%-20.49%-9.13%23.54
DERMJourney Medical Corporation176.7M8.36-11.61-29.11%-15.49%-45.4%1.28

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+26.18M18.85M24.1M28.67M34.07M37.3M
Revenue Growth %--0.28%0.28%0.19%0.19%0.09%
Cost of Goods Sold+12.41M9.07M12.74M15.19M17.44M18.61M
COGS % of Revenue0.47%0.48%0.53%0.53%0.51%0.5%
Gross Profit+13.77M9.78M11.36M13.49M16.63M18.7M
Gross Margin %0.53%0.52%0.47%0.47%0.49%0.5%
Gross Profit Growth %--0.29%0.16%0.19%0.23%0.12%
Operating Expenses+28.7M19.39M36.56M32.07M39.3M35.92M
OpEx % of Revenue1.1%1.03%1.52%1.12%1.15%0.96%
Selling, General & Admin28.7M18.12M37.21M35.87M39.13M33.84M
SG&A % of Revenue1.1%0.96%1.54%1.25%1.15%0.91%
Research & Development000077K2.09M
R&D % of Revenue----0%0.06%
Other Operating Expenses01.27M-650K-3.8M100K0
Operating Income+-14.92M-9.61M-25.2M-18.58M-22.68M-17.21M
Operating Margin %-0.57%-0.51%-1.05%-0.65%-0.67%-0.46%
Operating Income Growth %-0.36%-1.62%0.26%-0.22%0.24%
EBITDA+-14.26M-9.04M-24.66M-17.41M-21.61M-16.06M
EBITDA Margin %-0.54%-0.48%-1.02%-0.61%-0.63%-0.43%
EBITDA Growth %-0.37%-1.73%0.29%-0.24%0.26%
D&A (Non-Cash Add-back)667K562K540K1.17M1.06M1.15M
EBIT-8.79M-8.03M-37.3M-238K-19.52M-15.63M
Net Interest Income+-2.13M-2.87M-344K-195K-468K-2.08M
Interest Income25K28K16K175K132K30K
Interest Expense2.16M2.9M360K370K600K2.11M
Other Income/Expense3.97M-1.32M-12.46M17.97M2.56M-527K
Pretax Income+-10.95M-10.92M-37.66M-608K-20.12M-17.74M
Pretax Margin %-0.42%-0.58%-1.56%-0.02%-0.59%-0.48%
Income Tax+33K64K56K32K14K22K
Effective Tax Rate %1%1.01%1%1.05%1%1%
Net Income+-10.98M-10.99M-37.71M-640K-20.13M-17.76M
Net Margin %-0.42%-0.58%-1.56%-0.02%-0.59%-0.48%
Net Income Growth %--0%-2.43%0.98%-30.45%0.12%
Net Income (Continuing)-10.98M-10.99M-37.71M-640K-20.13M-17.76M
Discontinued Operations000000
Minority Interest000000
EPS (Diluted)+-18.09-18.94-44.10-0.61-13.02-3.22
EPS Growth %--0.05%-1.33%0.99%-20.34%0.75%
EPS (Basic)-18.09-18.94-44.10-0.61-13.02-3.22
Diluted Shares Outstanding607K580K855.24K1.06M1.55M5.52M
Basic Shares Outstanding607K580K855.24K1.06M1.55M5.52M
Dividend Payout Ratio------

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+23.47M19.58M46.42M43.14M23.07M20.7M
Cash & Short-Term Investments7.3M8.08M24.55M27.76M1.42M5.91M
Cash Only7.3M8.08M24.55M17.21M1.34M5.91M
Short-Term Investments00010.55M78K7K
Accounts Receivable4.79M3.29M3.78M7.41M5.16M5.32M
Days Sales Outstanding66.7263.6957.3194.2755.352.01
Inventory10.48M7.09M4.46M7.17M10.91M6.65M
Days Inventory Outstanding308.29285.49127.7172.3228.24130.37
Other Current Assets186K619K12.81M286K5.28M2.83M
Total Non-Current Assets+5.28M4.56M6.8M7.74M4.86M1.4M
Property, Plant & Equipment503K370K267K1.58M1.75M983K
Fixed Asset Turnover52.05x50.94x90.26x18.16x19.51x37.95x
Goodwill000000
Intangible Assets4.29M3.87M3.45M3.03M2.63M35K
Long-Term Investments002.81M000
Other Non-Current Assets494K323K3.08M3.13M482K383K
Total Assets+28.75M24.14M53.22M50.88M27.93M22.1M
Asset Turnover0.91x0.78x0.45x0.56x1.22x1.69x
Asset Growth %--0.16%1.2%-0.04%-0.45%-0.21%
Total Current Liabilities+11.74M4.42M13.84M20.89M18.09M12.02M
Accounts Payable7.81M1.51M658K1.28M8.91M1.86M
Days Payables Outstanding229.8660.9518.8530.72186.3536.41
Short-Term Debt00003.9M0
Deferred Revenue (Current)001000K1000K00
Other Current Liabilities1.88M569K6.7M3.3M3.02M1.05M
Current Ratio2.00x4.43x3.36x2.06x1.28x1.72x
Quick Ratio1.11x2.82x3.03x1.72x0.67x1.17x
Cash Conversion Cycle145.15288.22166.16235.8597.19145.97
Total Non-Current Liabilities+47.19M13.89M28.05M6.11M5.05M5.65M
Long-Term Debt38.2M00004.1M
Capital Lease Obligations000848K804K276K
Deferred Tax Liabilities000000
Other Non-Current Liabilities58K62K18.5M2.86M4.25M1.27M
Total Liabilities58.93M18.31M41.88M27.01M23.14M17.67M
Total Debt+38.2M001.35M5.4M4.92M
Net Debt30.9M-8.08M-24.55M-15.86M4.06M-983K
Debt / Equity---0.06x1.13x1.11x
Debt / EBITDA------
Net Debt / EBITDA------
Interest Coverage-6.91x-3.32x-70.00x-50.22x-37.80x-8.17x
Total Equity+-30.18M5.83M11.34M23.88M4.79M4.43M
Equity Growth %-1.19%0.95%1.11%-0.8%-0.08%
Book Value per Share-49.7210.0513.2622.593.100.80
Total Shareholders' Equity-30.18M5.83M11.34M23.88M4.79M4.43M
Common Stock08K17K1K2K9K
Retained Earnings-30.18M-41.17M-78.88M-79.52M-99.65M-117.41M
Treasury Stock000000
Accumulated OCI000000
Minority Interest000000

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-37.68M-12.37M-26.71M-16.2M-24.89M-10.27M
Operating CF Margin %-1.44%-0.66%-1.11%-0.56%-0.73%-0.28%
Operating CF Growth %-0.67%-1.16%0.39%-0.54%0.59%
Net Income-10.98M-10.99M-37.71M-640K-20.13M-17.76M
Depreciation & Amortization667K562K540K1.17M1.06M1.15M
Stock-Based Compensation00129K1.85M1.04M1.02M
Deferred Taxes000000
Other Non-Cash Items-3.42M883K11.83M-21.37M-2.48M-891K
Working Capital Changes-23.94M-2.83M-1.5M2.79M-4.39M6.21M
Change in Receivables-757K1.17M-12M4.92M4.93M-313K
Change in Inventory-3.54M-273K2.59M-2.81M-3.75M4.23M
Change in Payables1.44M-3.4M-773K06.42M-1.81M
Cash from Investing+25.39M0-11K-5.16M619K-3K
Capital Expenditures-538K0-11K-38K-5K-10K
CapEx % of Revenue0.02%-0%0%0%0%
Acquisitions------
Investments------
Other Investing00000-50K
Cash from Financing+16.4M13.19M43.19M14.02M8.41M14.84M
Debt Issued (Net)------
Equity Issued (Net)------
Dividends Paid000000
Share Repurchases------
Other Financing2.9M4.4M13.25M4.63M07.44M
Net Change in Cash------
Free Cash Flow+-38.22M-12.37M-26.73M-16.24M-24.9M-10.33M
FCF Margin %-1.46%-0.66%-1.11%-0.57%-0.73%-0.28%
FCF Growth %-0.68%-1.16%0.39%-0.53%0.59%
FCF per Share-62.96-21.33-31.25-15.36-16.10-1.87
FCF Conversion (FCF/Net Income)3.43x1.13x0.71x25.31x1.24x0.58x
Interest Paid1.71M3.07M2K1K147K1.73M
Taxes Paid50K64K56K32K15K24K

Key Ratios

Metric201920202021202220232024
Return on Equity (ROE)--188.52%-439.39%-3.63%-140.43%-384.98%
Return on Invested Capital (ROIC)-1556.54%---173.85%-201.69%-209.9%
Gross Margin52.61%51.9%47.13%47.04%48.8%50.12%
Net Margin-41.95%-58.29%-156.49%-2.23%-59.09%-47.61%
Debt / Equity---0.06x1.13x1.11x
Interest Coverage-6.91x-3.32x-70.00x-50.22x-37.80x-8.17x
FCF Conversion3.43x1.13x0.71x25.31x1.24x0.58x
Revenue Growth--28.01%27.86%18.98%18.82%9.49%

Revenue by Segment

202120222023
Government and Payor Rebates-264K310K
Government and Payor Rebates Growth--17.42%
Co-pay Assistance Program-675K165K
Co-pay Assistance Program Growth---75.56%
Returns-53K52K
Returns Growth---1.89%
Prompt Pay Discounts-67K6K
Prompt Pay Discounts Growth---91.04%
Revenues Related Party57K--
Revenues Related Party Growth---

Frequently Asked Questions

Growth & Financials

Biofrontera Inc. (BFRI) reported $37.2M in revenue for fiscal year 2024. This represents a 42% increase from $26.2M in 2019.

Biofrontera Inc. (BFRI) grew revenue by 9.5% over the past year. This is steady growth.

Biofrontera Inc. (BFRI) reported a net loss of $17.6M for fiscal year 2024.

Dividend & Returns

Biofrontera Inc. (BFRI) has a return on equity (ROE) of -385.0%. Negative ROE indicates the company is unprofitable.

Biofrontera Inc. (BFRI) had negative free cash flow of $12.0M in fiscal year 2024, likely due to heavy capital investments.

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