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Alvotech, through its subsidiaries, develops and manufactures biosimilar medicines for patients worldwide. It offers biosimilar products in the therapeutic areas of autoimmune, eye, and bone disorders, as well as cancer. The company provides AVT02, a high concentration, low-volume adalimumab formulation biosimilar to Humira to treat various inflammatory conditions, including rheumatoid arthritis, psoriatic arthritis, Crohn's disease, ankylosing spondylitis ulcerative colitis, and other indications; AVT04, a biosimilar to Stelara to treat various inflammatory conditions comprising psoriatic arthritis, Crohn's disease, ulcerative colitis, plaque psoriasis, and other indications; AVT06, a biosimilar to Eylea to treat various conditions, such as neovascular age-related macular degeneration, macular edema following retinal vein occlusion, diabetic macular edema and diabetic retinopathy; and AVT03, a biosimilar to Xgeva and Prolia to treat prevent bone fracture, spinal cord compression, and the need for radiation or bone surgery in patients with certain types of cancer, as well as prevent bone loss and increase bone mass. In addition, it offers AVT05, a biosimilar to Simponi and Simponi Aria to treat various inflammatory conditions, including rheumatoid arthritis, psoriatic arthritis, ulcerative colitis, and other indications; AVT16, a biosimilar to an Entyvio product for the treatment of adult patients with moderate to severe ulcerative colitis and moderate to severely active Crohn's disease; AVT23, a biosimilar to Xolair to treat allergic asthma, chronic spontaneous urticaria (CSU), and nasal polyp; and AVT33, a biosimilar to Keytruda product which is in early phase development. Alvotech was founded in 2013 and is based in Luxembourg, Luxembourg.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Alvotech is a biopharmaceutical company developing and manufacturing biosimilar monoclonal antibody therapeutics with an integrated R&D and production platform. Its long-term growth is driven by an advancing pipeline of late-stage biosimilars, in-house manufacturing capacity and the expanding global demand for lower-cost biologics, which may benefit investors seeking exposure to the biosimilars sector.
The chief investment risks are regulatory approval uncertainty and patent-litigation around reference biologics, combined with intense pricing and commercialization competition that could constrain uptake and margins.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 136.35M | -217.56M | -651.05M | -551.65M | -149.20M |
| Net income | 27.92M | -231.86M | -551.73M | -513.58M | -101.50M |
| Selling general administrative | 90.95M | 61.45M | 73.04M | 186.74M | 84.13M |
| Gross profit | 350.76M | 304.37M | -69.42M | 18.93M | 36.77M |
| Reconciled depreciation | 37.85M | 31.30M | 24.21M | 20.41M | 18.20M |
| Ebit | 285.54M | -63.58M | -517.88M | -346.44M | -235.46M |
| Ebitda | 323.39M | -32.27M | -493.67M | -326.07M | -168.11M |
| Depreciation and amortization | 37.85M | 31.30M | 24.21M | 20.37M | 67.35M |
| Operating income | 78.21M | 69.64M | -354.86M | -346.44M | -235.46M |
| Other operating expenses | 508.11M | 420.04M | 446.29M | 429.47M | 272.23M |
| Interest expense | 149.19M | 157.60M | 134.82M | 188.42M | 117.36M |
| Tax provision | 108.43M | 14.30M | -99.32M | -38.07M | -47.69M |
| Interest income | 198.49M | 4.62M | 4.82M | 0.91M | 0.02M |
| Net interest income | 49.30M | -152.98M | -130.00M | -90.53M | -114.54M |
| Income tax expense | 108.43M | 14.30M | -99.32M | -38.07M | -47.69M |
| Total revenue | 586.32M | 489.68M | 91.43M | 83.03M | 36.77M |
| Total operating expenses | 272.56M | 234.73M | 285.44M | 365.38M | 272.23M |
| Cost of revenue | 235.56M | 185.31M | 160.86M | 64.09M | - |
| Total other income expense net | 58.14M | -287.21M | -296.19M | -205.21M | 86.26M |
| Net income from continuing ops | 27.92M | -231.86M | -551.73M | -513.58M | -101.50M |
| Net income applicable to common shares | - | - | - | -513.58M | -101.50M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 1487.10M | 1221.40M | 950.09M | 828.44M | 597.98M |
| Intangible assets | 81.83M | 20.62M | 19.08M | 25.65M | 21.51M |
| Other current assets | 111.86M | 23.98M | 22.04M | 32.95M | 9.32M |
| Total liab | 1771.59M | 1634.17M | 1882.58M | 1392.86M | 733.59M |
| Total stockholder equity | -284.49M | -412.77M | -932.49M | -564.42M | -135.61M |
| Other current liab | 126.87M | 67.87M | 73.50M | 56.11M | 43.49M |
| Common stock | 2.93M | 2.83M | 2.28M | 2.13M | 0.14M |
| Capital stock | 2.93M | 2.83M | 2.28M | 2.13M | 0.14M |
| Retained earnings | -2409.79M | -2437.71M | -2205.84M | -1654.11M | -1140.53M |
| Other liab | - | - | - | 445.54M | 108.77M |
| Good will | 12.84M | 11.33M | 12.06M | 11.64M | 12.37M |
| Other assets | - | - | - | 243.75M | 183.65M |
| Cash | 172.36M | 51.43M | 11.16M | 66.43M | 17.56M |
| Total current liabilities | 304.08M | 193.40M | 260.95M | 167.29M | 111.84M |
| Current deferred revenue | - | 15.98M | 59.18M | 36.91M | 29.69M |
| Net debt | 1276.79M | 1138.81M | 1064.32M | 738.67M | 505.50M |
| Short term debt | 49.00M | 42.22M | 47.71M | 25.08M | 10.07M |
| Short long term debt | 36.92M | 32.70M | 38.02M | 19.92M | 2.77M |
| Short long term debt total | 1449.14M | 1190.24M | 1075.47M | 805.10M | 523.05M |
| Other stockholder equity | 2105.69M | 2007.06M | 1229.69M | 1058.43M | 1000.12M |
| Property plant equipment | - | - | - | 268.10M | 205.33M |
| Total current assets | 574.01M | 455.02M | 194.84M | 230.74M | 119.82M |
| Long term investments | - | 0.00M | 18.49M | 48.57M | 55.31M |
| Net tangible assets | - | - | - | -601.71M | -169.49M |
| Net receivables | 69.74M | 251.72M | 87.22M | 59.89M | 53.88M |
| Long term debt | 1262.15M | 1035.88M | 922.13M | 744.65M | 398.14M |
| Inventory | 220.05M | 127.89M | 74.43M | 71.47M | 39.06M |
| Accounts payable | 126.12M | 67.13M | 80.56M | 49.19M | 28.59M |
| Accumulated other comprehensive income | 16.68M | 15.05M | 41.38M | 29.14M | 4.67M |
| Non currrent assets other | 269.81M | 3.62M | 39.23M | 34.25M | 13.23M |
| Non current assets total | 913.08M | 766.38M | 755.25M | 597.71M | 478.16M |
| Capital lease obligations | 150.08M | 121.65M | 115.31M | 40.53M | 122.14M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -18.87M | -46.34M | -63.54M | -40.63M |
| Change to liabilities | - | - | - | 35.84M | 35.79M |
| Total cashflows from investing activities | -104.22M | -18.87M | -46.34M | -63.54M | -40.63M |
| Net borrowings | 197.69M | 151.98M | 171.19M | 257.82M | 68.97M |
| Total cash from financing activities | 270.83M | 297.31M | 301.32M | 424.91M | 254.83M |
| Change to operating activities | - | - | - | -38.52M | 0.34M |
| Net income | 27.92M | -231.86M | -551.73M | -513.58M | -101.50M |
| Change in cash | 120.93M | 40.27M | -55.27M | 48.87M | -14.13M |
| Begin period cash flow | 51.43M | 11.16M | 66.43M | 17.56M | 31.69M |
| End period cash flow | 172.36M | 51.43M | 11.16M | 66.43M | 17.56M |
| Total cash from operating activities | -50.20M | -236.84M | -312.19M | -312.39M | -228.17M |
| Issuance of capital stock | 82.48M | 150.45M | 136.88M | 0.00M | 185.86M |
| Depreciation | 37.85M | 31.30M | 24.21M | 20.41M | 18.20M |
| Other cashflows from investing activities | - | 22.79M | -13.11M | -14.91M | -14.91M |
| Change to inventory | -90.13M | -49.97M | -11.30M | -32.41M | -29.41M |
| Change to account receivables | -6.33M | -164.24M | -24.83M | -3.58M | -28.81M |
| Other cashflows from financing activities | -10.37M | -5.13M | -6.75M | 520.77M | 113.82M |
| Change to netincome | - | - | - | 145.24M | -139.64M |
| Capital expenditures | 64.47M | 57.00M | 46.47M | 49.00M | 40.63M |
| Change in working capital | -117.64M | -288.64M | 26.33M | -47.89M | -6.81M |
| Stock based compensation | 17.38M | 7.63M | 18.03M | 10.32M | -22.32M |
| Other non cash items | -124.14M | 230.44M | 270.29M | 256.42M | -68.04M |
| Free cash flow | -114.67M | -293.84M | -358.66M | -361.39M | -268.80M |
Sector: Healthcare Industry: Drug Manufacturers - Specialty & Generic
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| ALVO Alvotech |
0.04 0.82% |
4.92 | 35.10 | 7.91 | 1.86 | - | 4.11 | 7.74 |
| MKKGY Merck KGaA ADR |
0.13 0.39% |
33.80 | 21.25 | 14.93 | 3.10 | 2.14 | 3.60 | 12.98 |
| MKGAF MERCK Kommanditgesellschaft auf Aktien |
- -% |
169.12 | 24.86 | 15.11 | 3.13 | 1.98 | 3.08 | 18.89 |
| TAK Takeda Pharmaceutical Co Ltd ADR |
- -% |
20.84 | - | 10.96 | 0.01 | 1.20 | 2.94 | 23.11 |
| TKPHF Takeda Pharmaceutical Co. Ltd. |
- -% |
41.72 | - | 10.66 | 0.01 | 1.16 | 2.94 | 23.11 |
Alvotech, through its subsidiaries, develops and manufactures biosimilar medicines for patients worldwide. It offers biosimilar products in the therapeutic areas of autoimmune, eye, and bone disorders, as well as cancer. The company provides AVT02, a high concentration, low-volume adalimumab formulation biosimilar to Humira to treat various inflammatory conditions, including rheumatoid arthritis, psoriatic arthritis, Crohn's disease, ankylosing spondylitis ulcerative colitis, and other indications; AVT04, a biosimilar to Stelara to treat various inflammatory conditions comprising psoriatic arthritis, Crohn's disease, ulcerative colitis, plaque psoriasis, and other indications; AVT06, a biosimilar to Eylea to treat various conditions, such as neovascular age-related macular degeneration, macular edema following retinal vein occlusion, diabetic macular edema and diabetic retinopathy; and AVT03, a biosimilar to Xgeva and Prolia to treat prevent bone fracture, spinal cord compression, and the need for radiation or bone surgery in patients with certain types of cancer, as well as prevent bone loss and increase bone mass. In addition, it offers AVT05, a biosimilar to Simponi and Simponi Aria to treat various inflammatory conditions, including rheumatoid arthritis, psoriatic arthritis, ulcerative colitis, and other indications; AVT16, a biosimilar to an Entyvio product for the treatment of adult patients with moderate to severe ulcerative colitis and moderate to severely active Crohn's disease; AVT23, a biosimilar to Xolair to treat allergic asthma, chronic spontaneous urticaria (CSU), and nasal polyp; and AVT33, a biosimilar to Keytruda product which is in early phase development. Alvotech was founded in 2013 and is based in Luxembourg, Luxembourg.
| Name | Title | Year Born |
|---|---|---|
| Mr. Robert Wessman | Founder & Exec. Chairman of Directors | 1970 |
| Mr. Mark Levick | Chief Exec. Officer | 1964 |
| Mr. Joel Morales | Chief Financial Officer | 1978 |
| Mr. Sean Gaskell | Chief Technical Officer | 1982 |
| Mr. Joseph E. McClellan | Chief Scientific Officer | 1974 |
| Ms. Rose-Marie Ohlsson | Chief Information Officer | NA |
| Ms. Sigridur Elin Gudlaugsdottir | VP of HR | NA |
| Ms. Tanya Zharov | Deputy Chief Exec. Officer | 1967 |
| Mr. Anil Okay | Chief Commercial Officer | 1986 |
| Mr. Ming Li | Chief Strategy Officer | 1977 |
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