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KALA BIO, Inc. (KALA) 10-Year Financial Performance & Capital Metrics

KALA • • Industrial / General
HealthcareBiotechnologyAutoimmune & Inflammatory DiseasesOphthalmology & Ocular Diseases
AboutKala Bio, Inc. is a biopharmaceutical company. It focuses on the development and commercialization of therapeutics using proprietary nanoparticle-based mucus penetrating particles with an initial focus on the treatment of eye diseases. The company was founded by Justin Hanes, Robert S. Langer and Colin R. Gardner in 2009 and is headquartered in Arlington, MA.Show more
  • Revenue $0
  • EBITDA -$38M +3.0%
  • Net Income -$39M +8.7%
  • EPS (Diluted) -6.98 +59.8%
  • Gross Margin -
  • EBITDA Margin -
  • Operating Margin -
  • Net Margin -
  • ROE -388.29% -21.8%
  • ROIC -
  • Debt/Equity 2.62 -46.0%
  • Interest Coverage -7.09 -5.2%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Trading at only 0.3x book value

✗Weaknesses

  • ✗High debt to equity ratio of 2.6x
  • ✗Weak Piotroski F-Score: 2/9
  • ✗Weak momentum: RS Rating 3 (bottom 3%)
  • ✗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-
TTM262.86%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM8.01%

EPS CAGR

10Y-
5Y-
3Y-
TTM52.45%

ROCE

10Y Avg-97.11%
5Y Avg-79.61%
3Y Avg-88.97%
Latest-95.17%

Peer Comparison

Ophthalmology & Ocular Diseases
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
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Momentum & Returns
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Technical
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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+45K0006.07M6.36M11.24M3.89M00
Revenue Growth %-0.9%-1%---0.05%0.77%-0.65%-1%-
Cost of Goods Sold+0297K643K955K2.01M3.17M4.1M2.56M303K259K
COGS % of Revenue----0.33%0.5%0.36%0.66%--
Gross Profit+45K-297K-643K-955K4.07M3.19M7.14M1.33M-303K-259K
Gross Margin %1%---0.67%0.5%0.64%0.34%--
Gross Profit Growth %--7.6%-1.16%-0.49%5.26%-0.22%1.24%-0.81%-1.23%0.15%
Operating Expenses+15.99M32.67M39.88M64.72M92.29M99.42M116.58M82.69M38.85M40.17M
OpEx % of Revenue355.36%---15.19%15.63%10.37%21.25%--
Selling, General & Admin4.61M7.64M10.87M35.43M65.02M81.07M105.06M65.03M20.26M18.34M
SG&A % of Revenue102.42%---10.7%12.74%9.35%16.71%--
Research & Development11.38M25.03M29.01M29.29M27.27M18.35M11.52M17.65M18.59M22.09M
R&D % of Revenue252.93%---4.49%2.88%1.02%4.54%--
Other Operating Expenses000000000-259K
Operating Income+-15.95M-32.67M-39.88M-64.72M-88.22M-96.23M-109.43M-81.36M-39.15M-40.98M
Operating Margin %-354.36%----14.52%-15.13%-9.74%-20.9%--
Operating Income Growth %0.11%-1.05%-0.22%-0.62%-0.36%-0.09%-0.14%0.26%0.52%-0.05%
EBITDA+-15.62M-32.37M-39.23M-63.77M-85.61M-93.39M-107.17M-80.5M-38.85M-37.67M
EBITDA Margin %-347.02%----14.09%-14.68%-9.53%-20.68%--
EBITDA Growth %0.11%-1.07%-0.21%-0.63%-0.34%-0.09%-0.15%0.25%0.52%0.03%
D&A (Non-Cash Add-back)330K297K643K955K2.62M2.84M2.27M860K303K3.31M
EBIT-16.08M-32.4M-41.19M-63.42M-85.87M-95.74M-134.22M-37.56M-36.38M-44.29M
Net Interest Income+-604K-620K-492K-1.63M-6.12M-8.1M-8.28M-6.6M-3.1M-3.73M
Interest Income0147K527K1.69M2.36M493K104K664K2.71M2.06M
Interest Expense604K767K1.02M3.31M8.48M8.59M8.38M7.27M5.81M5.78M
Other Income/Expense-736K-498K-2.34M-2.02M-6.12M-8.1M-33.17M36.53M-3.05M2.47M
Pretax Income+-16.68M-33.17M-42.21M-66.74M-94.35M-104.33M-142.6M-44.82M-42.2M-38.51M
Pretax Margin %-370.71%----15.53%-16.4%-12.69%-11.52%--
Income Tax+0000000000
Effective Tax Rate %1%1%1%1%1%1%1%1%1%1%
Net Income+-16.68M-33.17M-42.21M-66.74M-94.35M-104.33M-142.6M-44.82M-42.2M-38.51M
Net Margin %-370.71%----15.53%-16.4%-12.69%-11.52%--
Net Income Growth %0.14%-0.99%-0.27%-0.58%-0.41%-0.11%-0.37%0.69%0.06%0.09%
Net Income (Continuing)-16.68M-33.17M-42.21M-66.74M-94.35M-104.33M-142.6M-44.82M-42.2M-38.51M
Discontinued Operations0000000000
Minority Interest0000000000
EPS (Diluted)+-48.26-95.95-99.20-124.73-149.06-99.59-109.35-29.48-17.35-6.98
EPS Growth %-0.21%-0.99%-0.03%-0.26%-0.2%0.33%-0.1%0.73%0.41%0.6%
EPS (Basic)-48.26-95.95-99.20-124.73-149.06-99.59-109.35-29.48-17.35-6.98
Diluted Shares Outstanding345.67K345.67K425.5K535.08K684.2K1.05M1.3M1.52M2.43M5.52M
Basic Shares Outstanding345.67K345.67K425.5K535.08K684.2K1.05M1.3M1.52M2.43M5.52M
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+5.87M45.63M115.21M177.03M105.48M171.38M124.37M85.94M52.87M52.8M
Cash & Short-Term Investments5.76M45.47M114.56M170.9M85.45M153.54M92.14M70.5M50.9M51.18M
Cash Only5.76M45.47M114.56M170.9M85.45M77.26M92.14M70.5M50.9M51.18M
Short-Term Investments0000076.28M0000
Accounts Receivable0001.03M13.1M9.85M17.45M6.5M236K0
Days Sales Outstanding----787.09565.34566.82609.3--
Inventory0004.09M4.65M5.23M8.64M000
Days Inventory Outstanding---1.57K844.88601.51769.64---
Other Current Assets43K154K648K477K1.38M1.55M5.22M8.25M1.06M1.62M
Total Non-Current Assets+2.58M703K920K43.94M48.84M50.23M15.06M878K3.08M2.69M
Property, Plant & Equipment738K594K786K31.73M32.48M31.02M4.02M416K2.78M2.44M
Fixed Asset Turnover0.06x---0.19x0.21x2.80x9.36x--
Goodwill0000000000
Intangible Assets0000000000
Long-Term Investments109K0134K12.21M12.58M01.46M462K301K246K
Other Non-Current Assets1.73M109K003.78M19.21M9.58M000
Total Assets+8.45M46.33M116.13M220.97M154.32M221.61M139.43M86.82M55.95M55.48M
Asset Turnover0.01x---0.04x0.03x0.08x0.04x--
Asset Growth %-0.28%4.48%1.51%0.9%-0.3%0.44%-0.37%-0.38%-0.36%-0.01%
Total Current Liabilities+5.51M5.55M14.46M17.01M24.77M22.23M37.42M25.68M8.35M16.96M
Accounts Payable1.4M997K1.2M5.45M2.52M1.72M2.78M2.35M919K628K
Days Payables Outstanding-1.23K682.322.08K457.7198.32247.58334.921.11K885.02
Short-Term Debt2M556K6.67M463K1.33M0711K5M334K10.34M
Deferred Revenue (Current)0000001000K1000K1000K637K
Other Current Liabilities1.14M1.48M3.79M5.92M13.1M9.29M-1.1M10.8M2.28M2.39M
Current Ratio1.07x8.23x7.97x10.41x4.26x7.71x3.32x3.35x6.33x3.11x
Quick Ratio1.07x8.23x7.97x10.17x4.07x7.48x3.09x3.35x6.33x3.11x
Cash Conversion Cycle----1.17K968.531.09K---
Total Non-Current Liabilities+8.73M128.54M12M98.98M99.86M99.39M85.2M42.16M40.1M26.2M
Long-Term Debt7.79M9.1M11.99M70.23M71.18M72.24M78.93M37.94M34.19M20.1M
Capital Lease Obligations00028.75M28.67M27.14M548K01.8M1.43M
Deferred Tax Liabilities0000000000
Other Non-Current Liabilities939K119.45M9K0005.72M4.22M4.11M4.66M
Total Liabilities14.24M134.09M26.45M115.98M124.63M121.61M122.62M67.85M48.45M43.15M
Total Debt+9.79M9.65M18.65M99.44M101.18M100.92M80.19M42.95M36.32M32.25M
Net Debt4.04M-35.82M-95.91M-71.46M15.73M23.65M-11.95M-27.55M-14.57M-18.93M
Debt / Equity--0.21x0.95x3.41x1.01x4.77x2.26x4.84x2.62x
Debt / EBITDA----------
Net Debt / EBITDA----------
Interest Coverage-26.40x-42.59x-39.13x-19.53x-10.40x-11.20x-13.06x-11.20x-6.73x-7.09x
Total Equity+-5.79M-87.76M89.68M104.99M29.69M100M16.8M18.97M7.5M12.33M
Equity Growth %-2.78%-14.15%2.02%0.17%-0.72%2.37%-0.83%0.13%-0.6%0.64%
Book Value per Share-16.76-253.89210.76196.2143.4095.4612.8912.483.092.23
Total Shareholders' Equity-5.79M-87.76M89.68M104.99M29.69M100M16.8M18.97M7.5M12.33M
Common Stock6K1K25K34K36K59K66K2K3K6K
Retained Earnings-58.97M-92.14M-134.37M-201.11M-295.46M-399.78M-542.39M-587.21M-629.41M-667.92M
Treasury Stock0000000000
Accumulated OCI0-1.32M-1.54M-1.82M04K0000
Minority Interest0000000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-15.09M-27.35M-34.1M-54.12M-92.72M-90.69M-108.23M-78.91M-27.93M-29.38M
Operating CF Margin %-335.31%----15.27%-14.26%-9.63%-20.27%--
Operating CF Growth %0.02%-0.81%-0.25%-0.59%-0.71%0.02%-0.19%0.27%0.65%-0.05%
Net Income-16.68M-33.17M-42.21M-66.74M-94.35M-104.33M-142.6M-44.82M-42.2M-38.51M
Depreciation & Amortization330K297K287K955K843K912K975K537K303K259K
Stock-Based Compensation638K2.07M3.57M8.62M9.99M13.31M16.09M7.01M7.46M8.39M
Deferred Taxes151K1.67M1.84M390K0-5K5.42M000
Other Non-Cash Items134K106K111K274K2.73M2.99M22.51M-42.12M-2.39M2.26M
Working Capital Changes340K1.68M2.3M2.38M-11.94M-3.57M-10.62M491K8.89M-1.78M
Change in Receivables36K00-157.85M-11.56M1.96M-5.76M15.14M78K0
Change in Inventory-571K00-3.87M-4.27M-2.37M-6.26M1.71M7.54M0
Change in Payables911K-343K205K4.09M-2.77M-924K3.23M-2.08M-1.9M-291K
Cash from Investing+-252K-153K-480K-1.58M-1.33M-78.21M70.8M62.72M-429K-208K
Capital Expenditures-252K-153K-480K-1.58M-1.33M-1.94M-886K-313K-610K-208K
CapEx % of Revenue5.6%---0.22%0.31%0.08%0.08%--
Acquisitions----------
Investments----------
Other Investing00000-2.07M92K114K00
Cash from Financing+10.48M67.21M103.7M124.1M8.98M160.63M42.55M-7.94M8.51M29.88M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing5.48M67.21M802K530K587K2.1M1.58M301K-2M-42K
Net Change in Cash----------
Free Cash Flow+-15.34M-27.5M-34.58M-55.7M-94.06M-92.64M-109.12M-79.22M-28.54M-29.59M
FCF Margin %-340.91%----15.48%-14.56%-9.71%-20.35%--
FCF Growth %0.02%-0.79%-0.26%-0.61%-0.69%0.02%-0.18%0.27%0.64%-0.04%
FCF per Share-44.38-79.56-81.26-104.10-137.47-88.43-83.68-52.10-11.73-5.36
FCF Conversion (FCF/Net Income)0.90x0.82x0.81x0.81x0.98x0.87x0.76x1.76x0.66x0.76x
Interest Paid0000000000
Taxes Paid0000000000

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)---4403.86%-68.57%-140.11%-160.89%-244.19%-250.56%-318.75%-388.29%
Return on Invested Capital (ROIC)----355.64%-167.61%-85.37%-127.74%---
Gross Margin100%---66.94%50.13%63.55%34.22%--
Net Margin-37071.11%----1553.29%-1639.85%-1268.73%-1151.64%--
Debt / Equity--0.21x0.95x3.41x1.01x4.77x2.26x4.84x2.62x
Interest Coverage-26.40x-42.59x-39.13x-19.53x-10.40x-11.20x-13.06x-11.20x-6.73x-7.09x
FCF Conversion0.90x0.82x0.81x0.81x0.98x0.87x0.76x1.76x0.66x0.76x
Revenue Growth-90.11%-100%---4.74%76.67%-65.37%-100%-

Frequently Asked Questions

Growth & Financials

KALA BIO, Inc. (KALA) reported $0.3M in revenue for fiscal year 2024. This represents a 408% increase from $0.1M in 2013.

KALA BIO, Inc. (KALA) grew revenue by 0.0% over the past year. Growth has been modest.

KALA BIO, Inc. (KALA) reported a net loss of $35.8M for fiscal year 2024.

Dividend & Returns

KALA BIO, Inc. (KALA) has a return on equity (ROE) of -388.3%. Negative ROE indicates the company is unprofitable.

KALA BIO, Inc. (KALA) had negative free cash flow of $32.1M in fiscal year 2024, likely due to heavy capital investments.

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