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Stock impact report

Biofrontera reports financial results for the third quarter and nine months ended September 30, 2021 [MarketWatch]

Biofrontera Inc. (BFRI) 
Company Research Source: MarketWatch
Stock Exchange: B8F) (the "Company"), an international biopharmaceutical company, today reported its financial results for the nine months ended September 30, 2021. K ey financial figures and business performance for the nine months ended September Revenue thereof from product sales Gross profit on sales Research and development costs General and administrative costs Sales and marketing costs Profit (loss) on operations EBITDA EBIT Earnings (loss) before tax Earnings (loss) after tax The Biofrontera Group generated total sales of EUR 18.5 million in the period January 1 to September 30, 2021, compared to EUR 20.8 million in 2020, a decrease of approximately 11%. However, total revenue in the prior-year period included a one-time payment of EUR 6.0 million received by the company under a licensing agreement. Revenues from product sales in the first nine months of 2020 were EUR 14.3 million, representing an increase of approximately 29% for the same period in 2 Show less Read more
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