Opthea Limited

ASX OPT.AX

Opthea Limited Operating Income for the year ending June 30, 2024: USD -191.84 M

Opthea Limited Operating Income is USD -191.84 M for the year ending June 30, 2024, a 14.14% change year over year. Operating income is the profit earned by a company from its normal business operations before interest and taxes are deducted.
  • Opthea Limited Operating Income for the year ending June 30, 2023 was USD -223.45 M, a -67.67% change year over year.
  • Opthea Limited Operating Income for the year ending June 30, 2022 was USD -133.27 M, a -150.60% change year over year.
  • Opthea Limited Operating Income for the year ending June 30, 2021 was USD -53.18 M.
Key data
Date Operating Income EBIT EBITDA Net Income
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SV Wall Street
ASX: OPT.AX

Opthea Limited

CEO Dr. Frederic Guerard M.S., Pharm.D.
IPO Date Jan. 31, 1988
Location Australia
Headquarters 650 Chapel Street
Employees 33
Sector Consumer Discretionary
Industries
Description

Opthea Limited, a clinical stage biopharmaceutical company, develops and commercializes therapies primarily for eye disease in Australia. The company's development activities are based on the intellectual property portfolio covering Vascular Endothelial Growth Factors (VEGF) VEGF-C, VEGF-D, and VEGF Receptor-3 for the treatment of diseases associated with blood and lymphatic vessel growth, as well as vascular leakage. Its lead asset is OPT 302, a soluble form of VEGFR 3 in clinical development as a novel therapy for wet neovascular age related macular degeneration and diabetic macular edema (DME), as well as a first in class VEGF-C/D inhibitors for treatment with VEGF-A inhibitors to treat wet neovascular AMD and other retinal diseases. The company was formerly known as Circadian Technologies Limited and changed its name to Opthea Limited in December 2015. Opthea Limited was incorporated in 1984 and is based in South Yarra, Australia.

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