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Processa Pharmaceuticals, Inc. (PCSA) 10-Year Financial Performance & Capital Metrics

PCSA • • Industrial / General
HealthcareBiotechnologyAutoimmune & Inflammatory DiseasesDermatology & Autoimmune
AboutProcessa Pharmaceuticals, Inc., a clinical stage biopharmaceutical company, focuses on the development of drug products for the treatment of patients with unmet medical needs in the United States. Its lead product candidate is PCS499, an oral tablet that is in Phase 2B clinical trials for the treatment of ulcerative and non-ulcerative necrobiosis lipoidica, a chronic disfiguring condition. The company is also developing PCS12852, a novel selective 5-hydroxytryptamine 4 (5-HT4) receptor agonist that is in Phase 2A clinical trials for the treatment of gastroparesis, chronic constipation, constipation-predominant irritable bowel syndrome, and functional dyspepsia; PCS3117, a cytosine analog, which is in Phase 2B clinical trials for the treatment of pancreatic and non-small cell lung cancer; and PCS6422, an oral, potent, selective, and irreversible inhibitor of dihydropyrimidine dehydrogenase that is in Phase 1B clinical trials for treating metastatic colorectal and breast cancer. In addition, it develops PCS11T, an analog of SN38 and irinotecan drug for the treatment of various cancers. The company was incorporated in 2011 and is based in Hanover, Maryland.Show more
  • Revenue $0
  • EBITDA -$12M -5.2%
  • Net Income -$12M -6.6%
  • EPS (Diluted) -3.87 +54.4%
  • Gross Margin -
  • EBITDA Margin -
  • Operating Margin -
  • Net Margin -
  • ROE -354.51% -98.6%
  • ROIC -1786.48% -69.5%
  • Debt/Equity 0.04 +43.6%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free
  • ✓Momentum leader: RS Rating 99 (top 1%)

✗Weaknesses

  • ✗Weak Piotroski F-Score: 2/9
  • ✗Shares diluted 100.0% in last year
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* 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-
5Y-
3Y-
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-12.21%

EPS CAGR

10Y-
5Y-
3Y-
TTM-6610.56%

ROCE

10Y Avg-214.83%
5Y Avg-168.57%
3Y Avg-234.64%
Latest-356.93%

Peer Comparison

Dermatology & Autoimmune
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Sector-Specific
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GLPGGalapagos N.V.2.24B34.0330.3814.99%-151.94%-15.16%0.00
PTGXProtagonist Therapeutics, Inc.5.3B84.7520.046.24%21.94%7.11%3.45%0.02
ALMSAlumis Inc. Common Stock2.84B24.17-2.33-11.08%-63.71%0.12
PHATPhathom Pharmaceuticals, Inc.1.17B14.98-2.8380.01%-186.53%
ORKAOruka Therapeutics, Inc.1.57B32.50-6.51-22.44%0.00

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+113.42K5K00000000
Revenue Growth %-0.43%-0.96%-1%-------
Cost of Goods Sold+125.88K1.38K000882.06K0000
COGS % of Revenue1.11%0.28%--------
Gross Profit+-12.45K3.62K-1.86K-630.09K-877.9K-882.06K0000
Gross Margin %-0.11%0.72%--------
Gross Profit Growth %-1.14%1.29%-1.52%-336.85%-0.39%-0%1%---
Operating Expenses+974.71K1.93M1.8M4.52M3.94M14.25M12.13M27.53M11.46M12.05M
OpEx % of Revenue8.59%385.3%--------
Selling, General & Admin945.46K384.52K876.32K1.44M1.61M3.18M4.69M8.76M5.66M4.78M
SG&A % of Revenue8.34%76.9%--------
Research & Development29.25K6.56K926.12K3.09M2.32M11.08M6.88M11.49M5.8M7.27M
R&D % of Revenue0.26%1.31%--------
Other Operating Expenses01.85M0000566.58K7.27M00
Operating Income+2.69M-1.92M-1.8M-4.52M-3.94M-15.14M-12.13M-27.53M-11.46M-12.05M
Operating Margin %23.73%-384.3%--------
Operating Income Growth %1.65%-1.71%0.06%-1.51%0.13%-2.85%0.2%-1.27%0.58%-0.05%
EBITDA+2.93M-1.92M-1.8M-3.89M-3.06M-14.25M-11.34M-26.74M-11.46M-12.05M
EBITDA Margin %25.83%-384.03%--------
EBITDA Growth %1.79%-1.66%0.06%-1.16%0.21%-3.66%0.2%-1.36%0.57%-0.05%
D&A (Non-Cash Add-back)238.82K1.38K1.86K630.09K877.9K882.06K790.97K788.5K222782
EBIT-2.75M-91.8K-1.8M-4.51M-3.92M-15.13M-11.57M-20.26M-11.46M-12.05M
Net Interest Income+-230.99K-245.38K-30.51K-142.91K-25.11K-277.95K11.63K101.2K335.54K201.09K
Interest Income4.65K05.18K18.3K11.55K3.17K11.99K101.2K335.54K201.09K
Interest Expense235.64K245.38K35.69K161.21K36.66K281.12K362000
Other Income/Expense-5.67M4.45K-53.88K-142.91K-25.11K-277.95K175.4K101.2K335.54K201.09K
Pretax Income+-2.98M-337.18K-1.86M-4.67M-3.96M-15.41M-11.96M-27.42M-11.12M-11.85M
Pretax Margin %-26.3%-67.44%--------
Income Tax+100-1.2K-18.19K-902.8K-602.72K-1M-530.61K000
Effective Tax Rate %1.12%1%1%0.81%0.85%1.24%0.96%1%1%1%
Net Income+-3.35M-335.98K-1.86M-3.77M-3.36M-19.04M-11.43M-27.42M-11.12M-11.85M
Net Margin %-29.57%-67.2%--------
Net Income Growth %0.26%0.9%-4.53%-1.03%0.11%-4.67%0.4%-1.4%0.59%-0.07%
Net Income (Continuing)-2.98M-337.18K-1.86M-3.77M-3.36M-14.41M-11.43M-27.42M-11.12M-11.85M
Discontinued Operations-371.31K000000000
Minority Interest0000000000
EPS (Diluted)+-298.40-29.89-8.00-14.20-12.17-50.77-14.92-1.70-8.48-3.87
EPS Growth %0.55%0.9%0.73%-0.78%0.14%-3.17%0.71%0.89%-3.99%0.54%
EPS (Basic)-298.40-29.89-8.00-14.20-12.17-50.77-14.92-1.70-8.48-3.87
Diluted Shares Outstanding11.24K11.24K232.83K266.61K275.87K374.98K765.97K16.11M1.31M3.06M
Basic Shares Outstanding11.24K11.24K232.83K266.61K275.87K374.98K765.97K16.11M1.31M3.06M
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+104.16K3.24K2.95M2.02M1.01M16.2M18.33M8.39M5.63M1.87M
Cash & Short-Term Investments2.09K3.24K2.85M1.74M691.54K15.42M16.5M6.5M4.71M1.19M
Cash Only2.09K3.24K2.85M1.74M691.54K15.42M16.5M6.5M4.71M1.19M
Short-Term Investments0000000000
Accounts Receivable0062.71K21.58K0231.75K0000
Days Sales Outstanding----------
Inventory0000000000
Days Inventory Outstanding----------
Other Current Assets54.35K0000070.27K0926.3K0
Total Non-Current Assets+15927.93K31.36K10.46M9.88M9.01M8.14M233.12K154.15K1.36M
Property, Plant & Equipment15922.39K25.82K17.38K228K159.04K74.18K227.59K148.61K75.69K
Fixed Asset Turnover713.36x0.22x--------
Goodwill0000000000
Intangible Assets00010.44M9.64M8.85M8.06M000
Long-Term Investments0001.8M-1.12M-1.9M0000
Other Non-Current Assets05.53K5.54K-2.53M5.54K5.54K5.54K5.54K5.54K1.28M
Total Assets+104.32K3.24K2.98M13.21M10.88M25.21M26.46M8.62M5.79M3.23M
Asset Turnover1.09x1.54x--------
Asset Growth %-0.96%-0.97%920.51%3.43%-0.18%1.32%0.05%-0.67%-0.33%-0.44%
Total Current Liabilities+2.08M97.69K2.6M645.7K1.19M1.22M971.02K998.56K730.58K1.53M
Accounts Payable159.25K166.16K50.69K292.1K75.61K320.69K218.91K327.55K311.62K880.88K
Days Payables Outstanding461.7743.92K---132.7----
Short-Term Debt1.37M1.61M2.45M230K802.5K117.57K0000
Deferred Revenue (Current)0483.91K00000000
Other Current Liabilities557.28K04360316469.86K401.77K189.05K189.04K0
Current Ratio0.05x0.03x1.14x3.13x0.85x13.27x18.87x8.40x7.71x1.22x
Quick Ratio0.05x0.03x1.14x3.13x0.85x13.27x18.87x8.40x7.71x1.22x
Cash Conversion Cycle----------
Total Non-Current Liabilities+009.96K2.13M1.68M1.05M7.38K150.55K66.91K487
Long-Term Debt0000044.88K0000
Capital Lease Obligations0000147.39K78.46K7.38K150.55K66.91K487
Deferred Tax Liabilities00001.53M530.61K0000
Other Non-Current Liabilities009.96K2.13M0400K0000
Total Liabilities2.08M2.35M2.61M3.51M2.87M2.27M978.4K1.15M797.48K1.53M
Total Debt+1.37M1.61M2.45M230K1.03M328.12K78.46K229.45K150.55K73.51K
Net Debt1.36M1.61M-398.86K-1.51M336.35K-15.09M-16.42M-6.27M-4.56M-1.12M
Debt / Equity--6.56x0.02x0.13x0.01x0.00x0.03x0.03x0.04x
Debt / EBITDA0.47x---------
Net Debt / EBITDA0.47x---------
Interest Coverage11.42x-7.83x-50.50x-28.07x-107.36x-53.84x-33518.07x---
Total Equity+-1.98M-2.35M373.16K9.7M8.01M22.94M25.49M7.47M4.99M1.7M
Equity Growth %-2.64%-0.19%1.16%25%-0.17%1.86%0.11%-0.71%-0.33%-0.66%
Book Value per Share-176.10-209.141.6036.3929.0461.1733.270.463.800.55
Total Shareholders' Equity-1.98M-2.35M373.16K9.7M8.01M22.94M25.49M7.47M4.99M1.7M
Common Stock1.1K1.1K3.53K3.87K5491.42K1.57K1.61K129371
Retained Earnings-14.87M-15.25M-3.86M-7.62M-10.98M-25.4M-36.82M-64.25M-75.37M-87.22M
Treasury Stock0000000-300K-300K-300K
Accumulated OCI-18.99K-19.15K-3.25K-1.8M000000
Minority Interest0000000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-871.91K-43.2K-1.65M-3.71M-2.75M-3.14M-8.72M-9.61M-8.06M-11.25M
Operating CF Margin %-7.69%-8.64%--------
Operating CF Growth %0.68%0.95%-37.3%-1.24%0.26%-0.14%-1.77%-0.1%0.16%-0.39%
Net Income-2.98M-337.18K-1.86M-3.77M-3.36M-14.41M-11.43M-27.42M-11.12M-11.85M
Depreciation & Amortization238.82K1591.86K630.09K803.77K803.77K790.97K788.5K222782
Stock-Based Compensation96.93K6.69K074.06K510.48K2.73M3.41M8.83M1.06M629.51K
Deferred Taxes1.54M7.92K0-902.8K-602.72K-1M-530.61K000
Other Non-Cash Items83.3K96738.7K67.07K75.91K8.88M220.61K7.66M1.39M87.18K
Working Capital Changes153.5K278.24K161.13K188.71K-179.71K-140.39K-1.18M543.6K605.21K-112.4K
Change in Receivables213.41K0000-77.02K6.75K70.27K00
Change in Inventory-7.07K000077.02K-6.75K000
Change in Payables5.32K-10.34K0241.42K-216.49K245.08K-101.79K108.64K-15.93K569.26K
Cash from Investing+40.2K17K1M-22.28K0000-2.78K-3.24K
Capital Expenditures-1.4K-23.77K-20.62K-22.28K0000-2.78K-3.24K
CapEx % of Revenue0.01%4.75%--------
Acquisitions----------
Investments----------
Other Investing41.6K40.77K1.02M0000000
Cash from Financing+821.1K15K2.43M2.62M1.7M17.87M9.8M-388.84K6.27M7.73M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing00-154.8K-250.96K895.72K0-186.49K-88.84K-52.75K-8.56K
Net Change in Cash----------
Free Cash Flow+-873.3K-66.98K-1.68M-3.73M-2.75M-3.14M-8.72M-9.61M-8.07M-11.25M
FCF Margin %-7.7%-13.4%--------
FCF Growth %0.68%0.92%-24.01%-1.23%0.26%-0.14%-1.77%-0.1%0.16%-0.39%
FCF per Share-77.72-5.96-7.20-13.98-9.97-8.38-11.38-0.60-6.15-3.68
FCF Conversion (FCF/Net Income)0.26x0.13x0.89x0.98x0.82x0.17x0.76x0.35x0.73x0.95x
Interest Paid0000000000
Taxes Paid0000000000

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)---497.45%-74.75%-37.91%-123.03%-47.2%-166.43%-178.52%-354.51%
Return on Invested Capital (ROIC)263.36%---83.13%-35.69%-140.15%-107.58%-402.32%-1054.26%-1786.48%
Gross Margin-10.98%72.38%--------
Net Margin-2957.22%-6719.64%--------
Debt / Equity--6.56x0.02x0.13x0.01x0.00x0.03x0.03x0.04x
Interest Coverage11.42x-7.83x-50.50x-28.07x-107.36x-53.84x-33518.07x---
FCF Conversion0.26x0.13x0.89x0.98x0.82x0.17x0.76x0.35x0.73x0.95x
Revenue Growth-43.34%-95.59%-100%-------

Frequently Asked Questions

Growth & Financials

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

Processa Pharmaceuticals, Inc. (PCSA) reported a net loss of $12.9M for fiscal year 2024.

Dividend & Returns

Processa Pharmaceuticals, Inc. (PCSA) has a return on equity (ROE) of -354.5%. Negative ROE indicates the company is unprofitable.

Processa Pharmaceuticals, Inc. (PCSA) had negative free cash flow of $10.7M in fiscal year 2024, likely due to heavy capital investments.

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