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Kiora Pharmaceuticals, Inc. (KPRX) 10-Year Financial Performance & Capital Metrics

KPRX • • Industrial / General
HealthcareBiotechnologyAutoimmune & Inflammatory DiseasesOphthalmology & Ocular Diseases
AboutKiora 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.Show more
  • Revenue $16M
  • EBITDA $5M +136.1%
  • Net Income $4M +128.7%
  • EPS (Diluted) 0.87 +103.6%
  • Gross Margin 100%
  • EBITDA Margin 28.31%
  • Operating Margin 28.19%
  • Net Margin 22.47%
  • ROE 22.56% +115.8%
  • ROIC 26.24% +112.9%
  • Debt/Equity 0.00 -87.3%
  • Interest Coverage 210.31 +118.6%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Strong Piotroski F-Score: 8/9
  • ✓FCF machine: 53.5% free cash flow margin
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Strong 5Y sales CAGR of 42.9%
  • ✓Trading at only 0.4x book value

✗Weaknesses

  • ✗Weak momentum: RS Rating 17 (bottom 17%)
  • ✗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-
5Y42.89%
3Y-
TTM-100%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-253.92%

EPS CAGR

10Y-
5Y-
3Y-
TTM-234.43%

ROCE

10Y Avg-297.9%
5Y Avg-58.96%
3Y Avg-47.65%
Latest21.2%

Peer Comparison

Ophthalmology & Ocular Diseases
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
KPRXKiora Pharmaceuticals, Inc.8.05M2.192.5222.47%-38.12%100%0.00
KALAKALA BIO, Inc.16.74M0.60-0.09-141.11%-388.29%2.62
CLSDClearside Biomedical, Inc.5.81M1.11-0.16-79.77%-7.81%
OTLKOutlook Therapeutics, Inc.33.47M0.52-0.29-25.93%
ADVMAdverum Biotechnologies, Inc.96.26M4.36-0.66-72.22%-130.93%-189.84%1.30
IRDOpus Genetics, Inc.143.45M2.08-0.97-42.3%-466.09%-11.43%
SKYESkye Bioscience, Inc.30.87M0.96-1.32-156.01%0.01
ALDXAldeyra Therapeutics, Inc.265.32M4.41-4.69-87.71%0.22

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+0669.26K407.52K1.65M2.69M12.06K00016M
Revenue Growth %---0.39%3.06%0.63%-1%-1%---
Cost of Goods Sold+1.26K8.42M10.33M8.06M4.89K3.27M0000
COGS % of Revenue-12.58%25.35%4.87%0%271.39%----
Gross Profit+-1.26K-7.75M-9.92M-6.4M2.68M-3.26M00016M
Gross Margin %--11.58%-24.35%-3.87%1%-270.39%---1%
Gross Profit Growth %--6167.09%-0.28%0.35%1.42%-2.22%1%---
Operating Expenses+6.68M14.02M14.97M12.5M9.8M3.61M14.24M12.31M12.59M11.49M
OpEx % of Revenue-20.94%36.73%7.56%3.65%299.22%---0.72%
Selling, General & Admin3.96M5.59M4.64M4.44M4.41M4.24M5.32M8.28M4.66M5.54M
SG&A % of Revenue-8.36%11.38%2.69%1.64%352%---0.35%
Research & Development2.72M8.42M10.33M8.06M5.39M3.57M5.35M3.45M4.03M4.9M
R&D % of Revenue-12.58%25.35%4.87%2.01%295.72%---0.31%
Other Operating Expenses004.64M00-4.2M3.56M582.61K3.9M1.05M
Operating Income+-6.68M-13.35M-14.56M-10.84M-7M-6.87M-14.24M-12.31M-12.59M4.51M
Operating Margin %--19.94%-35.73%-6.56%-2.61%-569.61%---0.28%
Operating Income Growth %-1.71%-1%-0.09%0.26%0.35%0.02%-1.07%0.14%-0.02%1.36%
EBITDA+-6.68M-13.34M-14.54M-10.81M-6.79M-6.84M-14.19M-12.27M-12.54M4.53M
EBITDA Margin %--19.93%-35.68%-6.54%-2.53%-566.84%---0.28%
EBITDA Growth %-1.71%-1%-0.09%0.26%0.37%-0.01%-1.08%0.14%-0.02%1.36%
D&A (Non-Cash Add-back)1.26K5.18K19.29K38.48K213.93K33.4K45.3K41.61K51.8K19.2K
EBIT-6.68M-13.34M-14.56M-10.72M-7M-7.51M-13.96M-13.69M-12.41M5.68M
Net Interest Income+-1.93M3.41K-651119.32K107.74K19.15K-5.71K48.29K162.86K1.23M
Interest Income9473.68K564120.36K108.07K23.34K1.14K56.89K173.99K1.25M
Interest Expense1.93M2751.22K1.04K3254.19K6.85K8.6K11.13K21.45K
Other Income/Expense1.01M3.41K-91.7K119.32K107.74K19.15K272.48K-1.39M163.32K1.15M
Pretax Income+-8.39M-13.34M-14.56M-10.73M-7M-6.85M-13.96M-13.7M-12.42M5.66M
Pretax Margin %--19.94%-35.73%-6.49%-2.61%-568.02%---0.35%
Income Tax+1.94M3.68K-1.34M86.05K95.4K12.05K-192.6K-113.01K90.32K2.07M
Effective Tax Rate %1%1%0.91%1.01%1.01%1%0.99%0.99%1.01%0.64%
Net Income+-8.39M-13.34M-13.22M-10.81M-7.1M-6.86M-13.77M-13.58M-12.51M3.59M
Net Margin %--19.94%-32.44%-6.54%-2.64%-569.02%---0.22%
Net Income Growth %-3.73%-0.59%0.01%0.18%0.34%0.03%-1.01%0.01%0.08%1.29%
Net Income (Continuing)-8.39M-13.34M-13.22M-10.81M-7.1M-6.86M-13.77M-13.58M-12.51M3.59M
Discontinued Operations0000000000
Minority Interest0000000000
EPS (Diluted)+-817.01-906.30-556.17-182.81-89.24-70.50-68.00-18.55-24.250.87
EPS Growth %-4.33%-0.11%0.39%0.67%0.51%0.21%0.04%0.73%-0.31%1.04%
EPS (Basic)-817.01-906.30-556.17-182.81-89.24-70.50-68.00-18.55-24.250.93
Diluted Shares Outstanding10.27K14.72K23.77K59.14K79.53K114.79K241.1K732.3K538.01K4.13M
Basic Shares Outstanding10.27K14.72K23.77K59.14K79.53K114.79K241.1K732.3K538.01K3.87M
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+9.45M4.15M8.46M8.48M4.32M1.73M8.99M7.68M4.74M29.71M
Cash & Short-Term Investments8.39M3.64M7.81M8M3.78M1.19M7.85M5.96M2.45M26.79M
Cash Only8.39M3.64M7.81M8M3.78M1.19M7.85M5.96M2.45M3.79M
Short-Term Investments00000000023M
Accounts Receivable932.59K53.83K23.68K18.44K4.86K90.97K529.56K1.37M2.05M601.2K
Days Sales Outstanding-29.3621.214.070.662.75K---13.71
Inventory0000000000
Days Inventory Outstanding----------
Other Current Assets00629.59K455.76K83.93K00343.07K233.38K270.25K
Total Non-Current Assets+58.59K5.58M5.85M5.8M5.79M13.58M11.14M11M8.97M6.78M
Property, Plant & Equipment038.04K55.75K43.52K16.85K114.49K283.41K172.17K114.95K62.4K
Fixed Asset Turnover-17.59x7.31x37.97x159.44x0.11x---256.40x
Goodwill05.44M01.53M1.53M3.63M0000
Intangible Assets005.44M4.16M4.13M9.73M10.77M10.74M8.81M0
Long-Term Investments0103.82K45K45K000000
Other Non-Current Assets58.59K100.31K352.13K76.71K114.4K102.07K87.96K82.26K45.03K6.72M
Total Assets+9.51M9.73M14.31M14.28M10.11M15.3M20.13M18.68M13.71M36.48M
Asset Turnover-0.07x0.03x0.12x0.27x0.00x---0.44x
Asset Growth %5.76%0.02%0.47%-0%-0.29%0.51%0.32%-0.07%-0.27%1.66%
Total Current Liabilities+3.42M7.31M14.83M3.86M1.41M1.98M1.61M3.27M1.63M6.01M
Accounts Payable417.7K1.41M706.09K63.65K210.29K434.76K160.62K1.01M206.26K415.59K
Days Payables Outstanding121.29K61.224.952.8815.7K48.49----
Short-Term Debt00000212.28K0000
Deferred Revenue (Current)1000K1000K1000K1000K000000
Other Current Liabilities652.61K989.48K1.01M387.83K000322.38K03.31M
Current Ratio2.76x0.57x0.57x2.19x3.06x0.87x5.59x2.35x2.90x4.94x
Quick Ratio2.76x0.57x0.57x2.19x3.06x0.87x5.59x2.35x2.90x4.94x
Cash Conversion Cycle----------
Total Non-Current Liabilities+02.75M1.4M1.48M2.08M3.59M3.94M4M5.97M4.72M
Long-Term Debt00000278.19K0000
Capital Lease Obligations016.07K4.86K0035.63K90.57K059.82K33.81K
Deferred Tax Liabilities01.53M183.92K269.97K365.36K728.93K802.13K689.12K779.44K0
Other Non-Current Liabilities01.21M1.21M1.21M1.71M2.55M3.05M3.31M5.13M4.68M
Total Liabilities3.42M10.06M16.23M5.34M3.49M5.57M5.55M7.27M7.6M10.72M
Total Debt+028.71K16.07K4.71K83.93K574.4K209.41K105.78K106.89K57.17K
Net Debt-8.39M-3.61M-7.79M-8M-3.69M-611.28K-7.65M-5.86M-2.35M-3.74M
Debt / Equity---0.00x0.01x0.06x0.01x0.01x0.02x0.00x
Debt / EBITDA---------0.01x
Net Debt / EBITDA----------0.82x
Interest Coverage-3.45x-48533.99x-11982.91x-10427.60x-21541.46x-1640.91x-2077.91x-1431.51x-1130.69x210.31x
Total Equity+6.09M-329.42K-1.93M8.94M6.62M9.73M14.58M11.41M6.11M25.76M
Equity Growth %1.15%-1.05%-4.85%5.64%-0.26%0.47%0.5%-0.22%-0.46%3.22%
Book Value per Share592.50-22.37-81.08151.1183.2884.7660.4715.5811.366.24
Total Shareholders' Equity6.09M-329.42K-1.93M8.94M6.62M9.73M14.58M11.41M6.11M25.76M
Common Stock76.57K101.31K172.57K437.94K40.78K55.56K3.17K17.99K77.08K267.68K
Retained Earnings-65.26M-78.6M-91.82M-93.15M-100.25M-107.11M-120.88M-134.46M-146.98M-143.38M
Treasury Stock0000000000
Accumulated OCI114.79K120.19K127.47K134.33K139.47K-802-86.43K-182.74K-182.8K-282.16K
Minority Interest0000000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-4.46M-8.41M-6.47M-10.84M-8.15M-7.32M-10.68M-10.43M-9.56M8.56M
Operating CF Margin %--12.57%-15.87%-6.56%-3.04%-606.78%---0.53%
Operating CF Growth %-3.69%-0.89%0.23%-0.68%0.25%0.1%-0.46%0.02%0.08%1.9%
Net Income-8.39M-13.34M-13.22M-10.81M-7.1M-6.86M-13.77M-13.58M-12.51M3.59M
Depreciation & Amortization1.26K5.18K19.29K38.48K213.93K33.4K45.3K41.61K51.8K19.2K
Stock-Based Compensation1.22M511K870.31K875.29K852.23K723.86K842.48K462.45K754.94K656.59K
Deferred Taxes0-511K-1.34M86.05K012.05K-192.6K-113.01K90.32K-288.75K
Other Non-Cash Items1.68M511K91.05K2.28M-1.93M-903.5K3.44M2.1M3.88M911.27K
Working Capital Changes1.02M4.41M7.11M-1.03M-192.54K-321.21K-1.04M668.51K-1.82M3.67M
Change in Receivables-907.5K3.24M32.44K-685.74K0-18.96K-441.2K-872.74K-548.11K1.03M
Change in Inventory167.44K000000000
Change in Payables-148.25K712.79K-706.04K-642.43K0136.7K-310.67K782.46K-808.02K226.12K
Cash from Investing+-20K149.75K-37K-270K0-244.44K-157.02K6.38K0-22.66M
Capital Expenditures0-11K-37K-270K0-20.08K-63.87K00-6.26K
CapEx % of Revenue-0.02%0.09%0.16%-1.66%---0%
Acquisitions----------
Investments----------
Other Investing-20K-25K0-2500006.38K00
Cash from Financing+12.62M3.5M10.67M11.3M3.92M5M17.58M8.62M5.97M15.5M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing-1.49M-267.61K82.17K1.2M3.93M-280.69K50K3.26M-1M499.29K
Net Change in Cash----------
Free Cash Flow+-4.46M-8.42M-6.51M-11.11M-8.15M-7.34M-10.74M-10.43M-9.56M8.55M
FCF Margin %--12.59%-15.96%-6.73%-3.04%-608.45%---0.53%
FCF Growth %-3.69%-0.89%0.23%-0.71%0.27%0.1%-0.46%0.03%0.08%1.89%
FCF per Share-434.07-572.18-273.73-187.94-102.53-63.92-44.54-14.24-17.762.07
FCF Conversion (FCF/Net Income)0.53x0.63x0.49x1.00x1.15x1.07x0.78x0.77x0.76x2.38x
Interest Paid0000000000
Taxes Paid0000000000

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-137.89%-463.53%--308.49%-91.22%-83.92%-113.3%-104.54%-142.88%22.56%
Return on Invested Capital (ROIC)----868.28%-271.61%-85.52%-133.03%-147.92%-202.78%26.24%
Gross Margin--1158.49%-2434.94%-387.48%99.82%-27038.66%---100%
Net Margin--1993.76%-3243.52%-654.24%-264.21%-56901.65%---22.47%
Debt / Equity---0.00x0.01x0.06x0.01x0.01x0.02x0.00x
Interest Coverage-3.45x-48533.99x-11982.91x-10427.60x-21541.46x-1640.91x-2077.91x-1431.51x-1130.69x210.31x
FCF Conversion0.53x0.63x0.49x1.00x1.15x1.07x0.78x0.77x0.76x2.38x
Revenue Growth---39.11%305.51%62.54%-99.55%-100%---

Frequently Asked Questions

Valuation & Price

Kiora Pharmaceuticals, Inc. (KPRX) has a price-to-earnings (P/E) ratio of 2.5x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Kiora Pharmaceuticals, Inc. (KPRX) reported $16.0M in revenue for fiscal year 2024.

Kiora Pharmaceuticals, Inc. (KPRX) grew revenue by 0.0% over the past year. Growth has been modest.

Kiora Pharmaceuticals, Inc. (KPRX) reported a net loss of $8.5M for fiscal year 2024.

Dividend & Returns

Kiora Pharmaceuticals, Inc. (KPRX) has a return on equity (ROE) of 22.6%. This is excellent, indicating efficient use of shareholder capital.

Kiora Pharmaceuticals, Inc. (KPRX) had negative free cash flow of $10.0M in fiscal year 2024, likely due to heavy capital investments.

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