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Sorrento Therapeutics Inc
NASDAQ:SRNE

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Sorrento Therapeutics Inc Logo
Sorrento Therapeutics Inc
NASDAQ:SRNE
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Price: 0.3322 USD 8.92% Market Closed
Updated: Apr 30, 2024
Financials Section:
Income Statement Balance Sheet Cash Flow Statement
|
Revenue Breakdown

Income Statement

62.8m
+19%
Revenue
Dec 31, 2022 62.8m
Dec 31, 2021 52.9m
Dec 31, 2020 40m
-315.4m
+21%
Operating Income
Dec 31, 2022 -315.4m
Dec 31, 2021 -401.5m
Dec 31, 2020 -244.5m
-572.8m
-34%
Net Income
Dec 31, 2022 -572.8m
Dec 31, 2021 -428.3m
Dec 31, 2020 -298.5m

Earnings Waterfall
Sorrento Therapeutics Inc

Revenue
62.8m USD
Cost of Revenue
-33.5m USD
Gross Profit
29.4m USD
Operating Expenses
-344.8m USD
Operating Income
-315.4m USD
Other Expenses
-257.5m USD
Net Income
-572.8m USD

Income Statement
Sorrento Therapeutics Inc

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Income Statement
Currency: USD
Dec-2020 Dec-2021 Dec-2022
Revenue
Revenue
40
N/A
53
+32%
63
+19%
Gross Profit
Cost of Revenue
(10)
(13)
(33)
Gross Profit
30
N/A
40
+33%
29
-26%
Operating Income
Operating Expenses
(275)
(441)
(345)
Selling, General & Administrative
(116)
(197)
(182)
Research & Development
(154)
(231)
(233)
Depreciation & Amortization
(4)
(4)
(4)
Other Operating Expenses
0
(9)
75
Operating Income
(245)
N/A
(401)
-64%
(315)
+21%
Pre-Tax Income
Interest Income Expense
(14)
(26)
(84)
Non-Reccuring Items
(52)
(7)
(162)
Total Other Income
0
(28)
0
Pre-Tax Income
(311)
N/A
(463)
-49%
(562)
-21%
Net Income
Tax Provision
2
34
2
Income from Continuing Operations
(309)
(429)
(559)
Income to Minority Interest
16
1
5
Equity Earnings Affiliates
(6)
(0)
(18)
Net Income (Common)
(298)
N/A
(428)
-44%
(573)
-34%
EPS (Diluted)
-1.3
N/A
-1.45
-12%
-1.37
+6%

See Also

Summary
SRNE intrinsic value, competitors valuation, and company profile.
DCF Valuation
SRNE stock valuation using Discount Cash Flow valuation method.
Relative Valuation
SRNE stock valuation using valuation multiples.
Wall Street Estimates
SRNE price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
SRNE stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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