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Navidea Biopharmaceuticals (NAVB)
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Navidea Biopharmaceuticals Income Statement 2022-2008 | NAVB
Brief overview of revenue and earnings at Navidea Biopharmaceuticals
The overview follows changes across a five-year period. According to figures from Navidea Biopharmaceuticals, revenue changed from 1.8 million dollars to 65.7 thousand dollars over five years. The total change was −96.4%, with a CAGR of approximately −48.5%. Revenue ended the period on a sustained downward trend.
The gross result shifted from $1.8 million to −$119 thousand, or −106.6%. Cost of revenue developed less favorably than sales and pressured gross profitability. The gross margin was 99.8% at the start and −181.7% at the end. A lower margin indicates deterioration in the economics of the core business.
EBITDA was −13.6 million dollars at the beginning and −14 million dollars at the end of the period (−2.6%). Additional revenue translated efficiently into EBITDA. EBITDA margin was −753.7% at the start and −21328.6% at the end. A lower EBITDA share weakens the quality of the result.
Comparing the endpoints shows a move from 74.9 million dollars to −15.2 million dollars. Profit turned into a loss, the most concerning signal in the results.
Over the period, capitalization shifted from 1.2 billion dollars to 9 million dollars (−99.2%). The decline in value indicates softer investor confidence.
Summary assessment
The financial trajectory is weak and requires a cautious interpretation. The main areas of concern are a softer top-line trend, a low gross margin and pressure from direct costs. The key question is whether sales can be converted into sustainable profit.
Annual Income Statement Navidea Biopharmaceuticals
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
8.96 M | 28.5 M | 52.1 M | 17.3 M | 546 M | 1.16 B | 1.71 B | 2.51 B | 4.79 B | 4.29 B | 6.52 B | 4.89 B | - | - | - |
Shares |
30.9 M | 29.3 M | 23.9 M | 14.4 M | 171 M | 162 M | 155 M | 151 M | 149 M | 122 M | 99.1 M | 90.5 M | 80.7 M | - | - |
Historical Prices |
0.29 | 0.97 | 2.18 | 1.2 | 3.2 | 7.2 | 11 | 16.6 | 32.2 | 35.2 | 65.8 | 54 | - | - | - |
Net Income |
-15.2 M | -11.7 M | -10.7 M | -10.9 M | -16.1 M | 74.9 M | -14.3 M | -27.6 M | -35.7 M | -13.8 M | -29.2 M | 5.61 M | -50 M | -39.6 M | - |
Revenue |
65.7 K | 532 K | 915 K | 658 K | 1.17 M | 1.81 M | 4.97 M | 3.01 M | 2.05 M | 1.13 M | 78.7 K | 598 K | 617 K | - | - |
Cost of Revenue |
1.94 K | - | 1.05 K | 6.67 K | 96.6 K | 3.65 K | - | - | - | - | - | - | - | - | - |
Gross Profit |
-119 K | 532 K | 914 K | 651 K | 1.07 M | 1.81 M | 975 K | 3.01 M | 2.05 M | 798 K | 78.7 K | 598 K | - | - | - |
Operating Income |
-14.1 M | -12.1 M | -10.7 M | -11 M | -10.8 M | -13.9 M | -3.24 M | -18.4 M | -22.6 M | -38.4 M | -28 M | -24.1 M | -12.7 M | -7.41 M | - |
Interest Expense |
-27.9 K | -14.1 K | -21.9 K | -7.61 K | 1.14 K | -33.3 K | -27.9 K | 26.8 K | 3.71 M | 2.78 M | 1.17 M | 13.3 K | 555 K | 1.53 M | - |
EBITDA |
-14 M | -12 M | -10.7 M | -10.9 M | -10.7 M | -13.6 M | -2.74 M | -17.9 M | -22.1 M | -38 M | -27.8 M | -23.9 M | -12.5 M | -7.21 M | - |
Operating Expenses |
13.9 M | 12.6 M | 11.6 M | 11.6 M | 11.9 M | 15.7 M | 4.22 M | 21.5 M | 24.6 M | 39.2 M | 28.1 M | 24.7 M | 13.3 M | 7.41 M | - |
General and Administrative Expenses |
7.96 M | 7.45 M | 6.69 M | 6.28 M | 7.7 M | 11.2 M | 7.92 M | 10.9 M | 9.53 M | 15.5 M | 11.2 M | 9.55 M | 4.35 M | 3.03 M | - |
All numbers in USD currency
Quarterly Income Statement Navidea Biopharmaceuticals
| 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
99.4 M | 48.2 M | 32.7 M | 32.7 M | 30.7 M | 30.3 M | 30.2 M | 30.3 M | 30.1 M | 29.1 M | 28.1 M | 27.1 M | 25.8 M | 22.8 M | 20.2 M | 19.2 M | 18 M | 11.1 M | 10 M | 10 M | 167 M | 163 M | 162 M | 162 M | 162 M | 162 M | 160 M | 156 M | 155 M | 155 M | 155 M | 156 M | 150 M | 150 M | 150 M | 150 M | 150 M | 150 M | 145 M | 136 M | 121 M | 118 M | 114 M | 113 M | 102 M | 94.7 M | 96.2 M | 95.4 M | 95.1 M | 94.5 M | 95.4 M |
Net Income |
-2.26 M | 6.03 M | -1.48 M | - | -5.71 M | -3 M | -2.99 M | - | -2.44 M | -2.67 M | -2.97 M | - | -2.9 M | -2.33 M | -2.67 M | - | -3.07 M | -2.67 M | -2.43 M | - | -3.82 M | -2.39 M | -6.74 M | -4.06 M | -1.39 M | -5.19 M | 85.6 M | -3.88 M | -59.5 K | -6.68 M | -3.69 M | -2.51 M | -8.07 M | -9.69 M | -7.29 M | -6.86 M | -28.9 M | -22 M | -11.7 M | -13.8 M | -11.3 M | -10.3 M | -7.34 M | -7.2 M | -9.1 M | -5.83 M | -6.99 M | - | 19.8 M | -2.19 M | -4.42 M |
Revenue |
- | - | - | - | 7.52 K | 57.5 K | - | - | 96.4 K | 261 K | 124 K | - | 268 K | 271 K | 156 K | - | 237 K | 260 K | 136 K | - | 231 K | 542 K | 276 K | - | 224 K | 612 K | 580 K | - | 8.5 M | 5.39 M | 4.72 M | - | 3.98 M | 2.87 M | 2.11 M | 1.46 M | 2.25 M | 1.07 M | 752 K | 343 K | 400 K | 195 K | 11.9 K | - | 71.9 K | 60 K | - | - | 256 K | 3.2 M | - |
Cost of Revenue |
1.43 K | 473 | - | - | 1.43 K | 473 | - | - | - | - | 609 | - | 82 | 357 | 609 | - | 195 | 238 | 6.13 K | - | 38.1 K | 35.4 K | 318 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
- | - | - | - | -127 K | 57.1 K | - | - | 96.4 K | 261 K | 124 K | - | 268 K | 271 K | 156 K | - | 237 K | 260 K | 130 K | - | 193 K | 507 K | 276 K | 391 K | 224 K | 612 K | 580 K | 975 K | 7.58 M | 4.83 M | 4.19 M | 796 K | 3.52 M | 2.54 M | 1.66 M | 1.88 M | 1.44 M | 804 K | 559 K | 383 K | 325 K | 89.8 K | - | 7 K | - | 60 K | 12 K | - | - | 2.19 M | - |
Operating Income |
-2.13 M | -2.43 M | -2.42 M | - | -4.95 M | -2.92 M | -2.98 M | - | -2.42 M | -2.67 M | -3.33 M | - | -2.9 M | -2.34 M | -2.67 M | - | -3.08 M | -2.67 M | -2.43 M | - | -3.72 M | -2.43 M | -2.5 M | -3.52 M | -2.39 M | -4.82 M | -3.15 M | -3.24 M | 3.36 M | -580 K | -2.57 M | -3.46 M | -4.32 M | -3.81 M | -7.82 M | -4.48 M | -5.36 M | -9.22 M | -8.58 M | -13.1 M | -9.92 M | -8.46 M | -7 M | -7.03 M | -9.07 M | -5.39 M | -6.51 M | - | -6.47 M | -2.18 M | -5 M |
Interest Expense |
-21.5 K | -145 K | -17.2 K | - | 8.42 K | 6.73 K | -4.3 K | - | 2.8 K | -5.69 K | -255 | - | -564 | -336 | 124 | - | -1.52 K | -3.22 K | -1.14 K | - | 3.54 K | 2.83 K | -4.71 K | - | -6.98 K | -16.7 K | -21.6 K | - | -12.5 K | -126 | -37.3 K | - | 4.4 K | -4.83 K | 26.5 K | - | 921 K | 914 K | 944 K | - | 976 K | 465 K | 363 K | - | 315 K | 321 K | 294 K | - | 564 | 1.06 K | 1.61 K |
EBITDA |
-2.05 M | -2.37 M | -2.39 M | - | -4.88 M | -2.88 M | -2.96 M | - | -2.37 M | -2.63 M | -3.31 M | - | -2.85 M | -2.3 M | -2.65 M | - | -2.98 M | -2.6 M | -2.4 M | - | -3.61 M | -2.35 M | -2.46 M | -3.52 M | -2.17 M | -4.66 M | -3.06 M | -3.24 M | 3.74 M | -313 K | -2.42 M | -3.46 M | -4.19 M | -3.66 M | -7.67 M | -4.48 M | -5 M | -8.98 M | -8.47 M | -13.1 M | -9.6 M | -8.22 M | -6.93 M | -7.03 M | -8.93 M | -5.3 M | -6.47 M | - | -6.32 M | -2.07 M | -4.94 M |
Operating Expenses |
2.13 M | 2.43 M | 2.42 M | - | 4.82 M | 2.98 M | 2.98 M | - | 2.52 M | 2.93 M | 3.45 M | - | 3.17 M | 2.61 M | 2.83 M | - | 3.32 M | 2.93 M | 2.56 M | - | 3.91 M | 2.93 M | 2.78 M | 3.91 M | 2.61 M | 5.44 M | 3.73 M | 4.22 M | 4.22 M | 5.41 M | 6.76 M | 4.26 M | 7.84 M | 6.35 M | 9.48 M | 6.36 M | 6.8 M | 10 M | 9.14 M | 13.4 M | 10.2 M | 8.55 M | 7 M | 7.03 M | 9.07 M | 5.45 M | 6.52 M | - | 6.73 M | 4.37 M | 5.34 M |
General and Administrative Expenses |
1.3 M | 1.32 M | 1.15 M | - | 3.64 M | 1.26 M | 1.81 M | - | 1.47 M | 1.43 M | 2.23 M | - | 1.79 M | 1.33 M | 1.83 M | - | 1.52 M | 1.86 M | 1.82 M | - | 2.69 M | 1.79 M | 1.78 M | - | 1.73 M | 4.25 M | 3.02 M | - | 2.94 M | 2.89 M | 4.1 M | - | 3.83 M | 3.93 M | 5.38 M | - | 2.65 M | 4.91 M | 3.91 M | - | 3.97 M | 4.17 M | 3.36 M | - | 2.94 M | 2.97 M | 2.57 M | - | 2.87 M | 2.41 M | 2.9 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Navidea Biopharmaceuticals (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.