HROW - Harrow Health, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$73.67
DETAILS
HIGH:
$88.00
LOW:
$63.00
MEDIAN:
$70.00
CONSENSUS:
$73.67
UPSIDE:
123.24%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||
| Revenue | 272.3 | 199.6 | 130.2 | 88.6 | 72.5 | 48.9 | 51.2 | 41.4 | 26.8 | 19.9 | 9.7 | 1.7 | 0.0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of Revenue | 67.9 | 49.2 | 39.6 | 25.4 | 18.2 | 14.5 | 16.7 | 16.5 | 13.5 | 9.8 | 5.2 | 1.1 | 0 | 0 | 0 | 0 | 0.0 | 0 | 0 | 0 | 0.4 |
| Gross Profit | 204.4 | 150.4 | 90.6 | 63.2 | 54.3 | 34.4 | 34.4 | 24.9 | 13.3 | 10.1 | 4.5 | 0.6 | 0.0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | (0.4) |
| Operating Expenses | |||||||||||||||||||||
| R&D Expenses | 12.8 | 12.2 | 6.7 | 3.0 | 11.1 | 2.4 | 2.1 | 0.8 | 0.4 | 0.7 | 0.3 | 0.2 | 1.6 | 1.3 | 0.1 | 0.2 | 3.0 | 2.0 | 1.8 | 0.1 | 0 |
| SG&A Expenses | 152.9 | 0 | 0 | 0 | 39.8 | 0 | 33.1 | 29.2 | 25.0 | 25.0 | 19 | 10.5 | 6.1 | 3.0 | 0.8 | 2.3 | 1.6 | 1.8 | 2.9 | 0.0 | 0.1 |
| Other Expenses | 0 | 129.3 | 83.5 | 58.2 | 1.7 | 31.6 | 4.0 | 0.1 | 0 | 0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | 0 |
| Operating Expenses | 165.8 | 141.5 | 90.1 | 61.3 | 52.6 | 34.0 | 39.2 | 30.1 | 25.4 | 25.7 | 19.3 | 10.7 | 7.7 | 4.3 | 0.9 | 2.5 | 4.6 | 3.7 | 2.9 | 0.0 | 0.1 |
| Operating Income | |||||||||||||||||||||
| Operating Income | 38.6 | 8.8 | 0.4 | 1.9 | 1.6 | 0.4 | (4.8) | (5.2) | (12.2) | (15.9) | (14.8) | (10.1) | (7.7) | (4.2) | (0.9) | (2.5) | (4.6) | (3.7) | (2.9) | (0.0) | (0.5) |
| Interest Expense | 24.2 | 22.8 | 21.3 | 7.2 | 5.4 | 2.2 | 2.5 | 2.7 | 3.0 | 2.8 | 1.1 | 0.0 | 0 | 0.0 | 0.1 | 0.1 | 0 | 0 | 1.6 | (0.0) | 0.0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 | 0.0 | 0.0 | 0.1 | 0.0 | 0 | 0 |
| Profitability | |||||||||||||||||||||
| EBITDA | 57.5 | 22.1 | 11.9 | 4.8 | 5.1 | 2.6 | 1.9 | (3.4) | (10.4) | (14.2) | (14.2) | (10.1) | (7.6) | (5.4) | (0.9) | (2.5) | (4.6) | (4.1) | (2.7) | (0.0) | (0.5) |
| EBIT | 38.6 | 9.1 | 0.8 | 1.9 | 3.4 | 0.7 | (0.7) | (5.2) | (12.2) | (15.5) | (14.8) | (10.1) | (7.6) | (5.4) | (0.9) | (2.5) | (4.6) | (3.3) | (2.7) | (0.6) | (0.5) |
| Income Before Tax | (1.7) | (17.3) | (23.7) | (14.0) | (17.9) | (3.4) | (0.1) | 14.6 | (12.9) | (19.2) | (15.9) | (10.1) | (7.6) | (5.4) | (1.0) | (2.5) | (4.6) | (3.4) | (4.3) | (0.6) | (0.5) |
| Income Tax Expense | 3.4 | 0.2 | 0.7 | 0.1 | 0.1 | 0.0 | 0.0 | 0 | (0.9) | (0.1) | 0 | (0.0) | (0.0) | 0 | 0 | 0 | (0.0) | (0.8) | 0 | 0.0 | 0 |
| Net Income | (5.1) | (17.5) | (24.4) | (14.1) | (18.0) | (3.4) | 0.2 | 14.6 | (12.0) | (19.1) | (15.9) | (10.1) | (7.6) | (5.4) | (1.0) | (2.5) | (4.6) | (3.3) | (4.3) | (0.0) | (0.5) |
| Per Share Data | |||||||||||||||||||||
| EPS (Basic) | -0.14 | -0.49 | -0.75 | -0.51 | -0.69 | -0.13 | 0.01 | 0.67 | -0.60 | -1.50 | -1.66 | -1.11 | -0.88 | -1.24 | -2.40 | -6.41 | -11.67 | -8.92 | -19.37 | -0.25 | -0.04 |
| EPS (Diluted) | -0.14 | -0.49 | -0.75 | -0.51 | -0.69 | -0.13 | 0.01 | 0.61 | -0.60 | -1.50 | -1.66 | -1.11 | -0.88 | -1.24 | -2.40 | -6.41 | -11.67 | -8.92 | -19.37 | -0.25 | -0.04 |
| Shares Outstanding | 36.8 | 35.7 | 32.6 | 27.5 | 26.8 | 25.9 | 25.3 | 21.9 | 20.0 | 12.7 | 9.6 | 9.1 | 8.7 | 4.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.2 | 0.2 | 12.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||
| Cash & Cash Equivalents | 72.9 | 47.2 | 74.1 | 96.3 | 42.2 | 4.1 | 4.7 | 6.6 | 4.0 | 8.9 | 1.6 | 5.1 |
| Short-Term Investments | 0 | 0 | 8.7 | 5.6 | 8.5 | 28.6 | 25.2 | 21.4 | 0 | 0 | 0 | 0 |
| Net Receivables | 110.9 | 116.6 | 36.5 | 6.4 | 4.5 | 2.7 | 2.0 | 2.0 | 1.6 | 2.9 | 0 | 0 |
| Inventory | 13.5 | 10.7 | 10.9 | 6.5 | 4.2 | 4.0 | 3.3 | 1.8 | 2.2 | 1.8 | 0 | 0 |
| Other Current Assets | 14.4 | 3.4 | 1.8 | 0.1 | 0.1 | 1.1 | 0.9 | 0.1 | 0.1 | 0.2 | 0 | 0 |
| Total Current Assets | 211.8 | 189.7 | 139.1 | 118.3 | 60.7 | 41.0 | 36.8 | 32.8 | 8.8 | 14.8 | 1.7 | 5.3 |
| Non-Current Assets | ||||||||||||
| Property, Plant & Equipment | 11.0 | 12.3 | 12.4 | 11.0 | 9.1 | 10.7 | 11.9 | 6.4 | 6.2 | 7.3 | 0.0 | 0.0 |
| Goodwill | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 2.2 | 2.2 | 2.2 | 0 | 0 |
| Intangible Assets | 175.2 | 186.7 | 159.9 | 25.8 | 17.1 | 2.5 | 2.3 | 3.1 | 2.9 | 3.0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 11.1 | 3.0 | 7.7 | 4.9 | 3.5 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.2 | 0 | 0 | 1.9 | 12.4 | 0 | 7.7 | 4.9 | 0.3 | 0 | 0 | 0 |
| Total Non-Current Assets | 187.7 | 199.3 | 172.7 | 39.1 | 37.7 | 16.5 | 22.3 | 16.6 | 15.1 | 12.5 | 0.0 | 0.0 |
| Total Assets | 399.5 | 389.0 | 311.8 | 157.4 | 98.3 | 57.5 | 59.1 | 49.5 | 23.9 | 27.2 | 1.7 | 5.3 |
| Current Liabilities | ||||||||||||
| Account Payables | 35.4 | 38.8 | 21.4 | 6.4 | 5.2 | 3.6 | 7.4 | 5.0 | 3.9 | 3.5 | 0.7 | 0.6 |
| Short-Term Debt | 0.9 | 0 | 0.8 | 0 | 0 | 3.9 | 1.8 | 3.2 | 0.6 | 4.4 | 0 | 0 |
| Deferred Revenue | 0.8 | 0.0 | 0 | 0.1 | 0.0 | 0 | 0.1 | 0.1 | 0.0 | 0.1 | 0 | 0 |
| Other Current Liabilities | 59.3 | 0 | 21.7 | 0 | 1.2 | 0.1 | 0.3 | 0.6 | (0.5) | (0.3) | 0 | 0 |
| Total Current Liabilities | 96.3 | 91.3 | 49.3 | 18.6 | 9.7 | 10.8 | 12.3 | 11.9 | 5.8 | 9.9 | 1.1 | 0.8 |
| Non-Current Liabilities | ||||||||||||
| Long-Term Debt | 243.2 | 219.5 | 183.2 | 104.2 | 71.7 | 12.4 | 12.2 | 12.0 | 14.0 | 7.9 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.9 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 2.7 | 0 | 0 | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | 0 | 0 |
| Total Non-Current Liabilities | 251.1 | 228.3 | 192.4 | 111.5 | 77.7 | 19.8 | 19.4 | 12.8 | 15.5 | 10.9 | 0 | 0 |
| Total Liabilities | 347.4 | 319.7 | 241.8 | 130.1 | 87.4 | 30.6 | 31.7 | 24.7 | 21.3 | 20.8 | 1.1 | 0.8 |
| Stockholders' Equity | ||||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (156.5) | (151.4) | (133.9) | (109.5) | (95.4) | (77.4) | (74.0) | (74.2) | (88.8) | (76.9) | (14.9) | (10.4) |
| Accumulated Other Comprehensive Income | 0 | 0 | (0.4) | 0 | 0 | 0 | 0 | (4.4) | (2.8) | (1.4) | 0 | 0 |
| Total Stockholders' Equity | 52.4 | 69.7 | 70.4 | 27.6 | 11.3 | 27.2 | 27.7 | 24.8 | 2.6 | 6.4 | 0.6 | 4.6 |
| Total Liabilities & Equity | 399.5 | 389.0 | 311.8 | 157.4 | 98.3 | 57.5 | 59.1 | 49.5 | 23.9 | 27.2 | 1.7 | 5.3 |
| Debt Metrics | ||||||||||||
| Total Debt | 252.0 | 228.8 | 190.5 | 112.2 | 78.0 | 23.5 | 21.0 | 15.2 | 15.3 | 13.7 | 0 | 0 |
| Net Debt | 179.0 | 181.6 | 116.4 | 16.0 | 35.8 | 19.4 | 16.2 | 8.6 | 11.3 | 4.8 | (1.6) | (5.1) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (5.1) | (17.5) | (24.4) | (14.1) | (18.0) | (3.4) | (0.1) | 14.6 | (12.0) | (19.1) |
| Depreciation & Amortization | 19.7 | 14.5 | 12.3 | 3.7 | 2.4 | 2.7 | 2.7 | 1.8 | 1.8 | 1.4 |
| Stock-Based Compensation | 12.5 | 17.6 | 15.7 | 8.0 | 5.7 | 2.8 | 2.0 | 2.6 | 2.9 | 3.7 |
| Change in Working Capital | 0.2 | (44.6) | (7.1) | (5.6) | (0.3) | (6.3) | (1.7) | 3.4 | 0.7 | (0.7) |
| Other Non-Cash Items | 16.6 | 7.7 | 7.3 | 9.7 | 15.2 | 3.1 | 0.5 | 0.6 | (1.3) | 3.6 |
| Operating Cash Flow | 43.9 | (22.2) | 3.8 | 1.7 | 5.1 | (1.1) | 0.9 | 0.7 | (8.8) | (11.2) |
| Investing Activities | ||||||||||
| Capital Expenditure | (0.9) | (38.7) | (152.6) | (7.8) | (28.5) | (1.0) | (1.8) | (2.2) | (1.1) | (7.1) |
| Acquisitions | (4.4) | 0 | 0 | 0 | 9.8 | 0 | 0.0 | 0 | 0.1 | (0.1) |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) |
| Sales/Maturities of Investments | 0 | 5.5 | 0 | 0 | 9.8 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | (37.1) | (151.1) | 0.9 | (36.6) | (0.1) | 0 | 0.0 | 0.1 | (0.1) |
| Investing Cash Flow | (5.5) | (33.2) | (152.6) | (1.7) | (18.7) | (1.0) | (1.8) | (2.2) | (1.0) | (7.3) |
| Financing Activities | ||||||||||
| Net Debt Issuance | 11.8 | 29.8 | 74.6 | 31.7 | 71.1 | 3.0 | (1.5) | (0.7) | 0.9 | (0.3) |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | (0.1) | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (25.0) | (1.3) | (12.6) | (0.2) | (19.1) | (1.5) | (0.3) | 4.2 | (0.0) | 4.4 |
| Financing Cash Flow | (12.7) | 28.5 | 126.5 | 54.1 | 51.5 | 1.4 | (1.0) | 4.1 | 4.9 | 24.7 |
| Cash Position | ||||||||||
| Net Change in Cash | 25.7 | (26.8) | (22.2) | 54.1 | 37.9 | (0.6) | (1.9) | 2.6 | (4.8) | 6.2 |
| Cash at Beginning | 47.2 | 74.1 | 96.3 | 42.2 | 4.3 | 4.9 | 6.8 | 4.2 | 8.9 | 2.7 |
| Cash at End | 72.9 | 47.2 | 74.1 | 96.3 | 42.2 | 4.3 | 4.9 | 6.8 | 4.0 | 8.9 |
| Free Cash Flow | 43.0 | (60.9) | (148.7) | (6.1) | (23.4) | (2.1) | (0.9) | (1.5) | (9.9) | (18.4) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||
| Revenue | 272.3 | 199.6 | 130.2 | 88.6 | 72.5 | 48.9 | 51.2 | 41.4 | 26.8 | 19.9 | 9.7 | 1.7 | 0.0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 204.4 | 150.4 | 90.6 | 63.2 | 54.3 | 34.4 | 34.4 | 24.9 | 13.3 | 10.1 | 4.5 | 0.6 | 0.0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | (0.4) |
| Operating Income | 38.6 | 8.8 | 0.4 | 1.9 | 1.6 | 0.4 | (4.8) | (5.2) | (12.2) | (15.9) | (14.8) | (10.1) | (7.7) | (4.2) | (0.9) | (2.5) | (4.6) | (3.7) | (2.9) | (0.0) | (0.5) |
| Net Income | (5.1) | (17.5) | (24.4) | (14.1) | (18.0) | (3.4) | 0.2 | 14.6 | (12.0) | (19.1) | (15.9) | (10.1) | (7.6) | (5.4) | (1.0) | (2.5) | (4.6) | (3.3) | (4.3) | (0.0) | (0.5) |
| EPS (Diluted) | -0.14 | -0.49 | -0.75 | -0.51 | -0.69 | -0.13 | 0.01 | 0.61 | -0.60 | -1.50 | -1.66 | -1.11 | -0.88 | -1.24 | -2.40 | -6.41 | -11.67 | -8.92 | -19.37 | -0.25 | -0.04 |
| Balance Sheet | |||||||||||||||||||||
| Cash & Equivalents | 72.9 | 47.2 | 74.1 | 96.3 | 42.2 | 4.1 | 4.7 | 6.6 | 4.0 | 8.9 | 1.6 | 5.1 | |||||||||
| Total Assets | 399.5 | 389.0 | 311.8 | 157.4 | 98.3 | 57.5 | 59.1 | 49.5 | 23.9 | 27.2 | 1.7 | 5.3 | |||||||||
| Total Debt | 252.0 | 228.8 | 190.5 | 112.2 | 78.0 | 23.5 | 21.0 | 15.2 | 15.3 | 13.7 | 0 | 0 | |||||||||
| Stockholders' Equity | 52.4 | 69.7 | 70.4 | 27.6 | 11.3 | 27.2 | 27.7 | 24.8 | 2.6 | 6.4 | 0.6 | 4.6 | |||||||||
| Cash Flow | |||||||||||||||||||||
| Operating Cash Flow | 43.9 | (22.2) | 3.8 | 1.7 | 5.1 | (1.1) | 0.9 | 0.7 | (8.8) | (11.2) | |||||||||||
| Capital Expenditure | (0.9) | (38.7) | (152.6) | (7.8) | (28.5) | (1.0) | (1.8) | (2.2) | (1.1) | (7.1) | |||||||||||
| Free Cash Flow | 43.0 | (60.9) | (148.7) | (6.1) | (23.4) | (2.1) | (0.9) | (1.5) | (9.9) | (18.4) | |||||||||||