Handelsavisen
prelaunch
Companies Healthcare BFRI.O
BF
BFRI.O NASDAQ Pharmaceuticals

Biofrontera Inc

$1,21
Open in Charts → Attach watcher ⌖
USD
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
P/E
EV / Rev
Div yield
Op margin
-27,2 %
ROE
-100,5 %
Net margin
-25,3 %
Debt / equity
0,44
Beta
52w range
Volume
Day range
Prev close
$0,80
Open
Next earnings
2026-10-28
Ex-dividend
TR 1Y
About

Biofrontera Inc is a biopharmaceutical company focused on the development and commercialization of photodynamic therapy (PDT) products for the treatment of skin diseases, primarily actinic keratosis and acne.

Business. Biofrontera Inc (BFRI.O) is a pharmaceutical company operating within the Healthcare sector, specifically focused on Pharmaceuticals & Medical Research. The firm generates revenue through product sales and is primarily listed on the NASDAQ exchange. Specific details regarding operating segments, headquarters location, and geographic revenue mix are not available in the provided data.

Classification99 %
SectorHealth Care
Industry groupPharmaceuticals
Generated · model-assisted
Sell-side consensus
BUY2 analysts
2 buy0 hold0 sell
Avg 12m price target6,00

Analyst recommendations

2 analysts · consensus Buy
Buy2
Hold0
Sell0
12-month price target
6,00
Consensus of sell-side coverage.
Upcoming events
  • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
2 analysts · indicative
Ownership
Geode Capital Management, L.L.C.
largest disclosed fund holder
Profitability
-100,5 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning BFRI.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care · THIS SECTOR+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to BFRI.O. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Company
    • EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Biofrontera Inc (BFRI.O) is a pharmaceutical company operating within the Healthcare sector, specifically focused on Pharmaceuticals & Medical Research. The firm generates revenue through product sales and is primarily listed on the NASDAQ exchange. Specific details regarding operating segments, headquarters location, and geographic revenue mix are not available in the provided data.

    Classification99 %
    SectorHealth Care
    Industry groupPharmaceuticals
    AI synthesis
    GENERATED

    ### Capital Structure and Liquidity Biofrontera has a current ratio of 1.52, indicating that it has $1.52 in current assets for every $1 of current liabilities. The company's liquidity position is assessed as low, with cash and equivalents amounting to $6.39 million against total liabilities of $18.08 million. The debt-to-equity ratio of 0.44 suggests a relatively conservative capital structure, with long-term debt of $4.59 million compared to total equity of $10.48 million.

    ### Profitability and Returns The company reported a net loss of $10.54 million for the period, with an operating loss of $11.35 million. Return on equity (ROE) is negative at -100.53%, and return on assets (ROA) is also negative at -36.89%, indicating poor profitability relative to its equity and asset base. These metrics fall significantly below the industry median for profitability in the pharmaceutical sector, which typically sees positive ROE and ROA figures.

    ### Segments and Geographic Exposure Biofrontera's revenue is concentrated in a single product line, Ameluz, which is used in photodynamic therapy for skin conditions. The company's geographic exposure is primarily in the United States, where Ameluz is marketed and sold. There is no disclosed international revenue, suggesting a high concentration risk in the U.S. market.

    ### Growth Trajectory The company's revenue for the period was $41.71 million. While this represents a positive figure, the operating and net losses indicate that the company is not yet profitable. Analysts have provided a mean price target of $6.00, with a median of $6.00 and a high of $9.00, suggesting a cautious but not overly optimistic outlook.

    ### Risk Factors The risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. However, the company's negative operating cash flow of $13.36 million and free cash flow of $10.40 million suggest ongoing cash burn, which could become a concern if not addressed through additional financing or improved operational performance.

    ### Recent Events Recent filings and transcripts do not indicate any major events that would significantly impact the company's financial position or strategic direction. The company continues to focus on the commercialization of Ameluz and the expansion of its product pipeline.

    Key takeaways
    • Biofrontera operates in the pharmaceuticals industry with a focus on photodynamic therapy for skin diseases.
    • The company has a low liquidity position and is currently unprofitable, with negative returns on equity and assets.
    • Revenue is concentrated in a single product and geographic market, increasing exposure to market-specific risks.
    • Analysts have a cautiously neutral outlook, with a mean price target of $6.00.
    • The company has low dilution risk but faces challenges in generating positive cash flow and achieving profitability.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $1,21
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $10.5M
    Net cash
    $1.8M
    Current ratio
    1.5
    Debt / equity
    0.4
    ROA
    -36.9%
    ROE
    -1.0%
    Cash conversion
    127.0%
    CapEx / revenue
    0.0%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    INDUSTRYSEGMENTCOMPANYHealthcareIndustryPharmaceuticals695,2B node revenueJNJ 13,6%LLY 9,4%MRK 9,3%PFE 9,0%ABBV 8,8%AZN 8,4%BMY 6,9%GSK 6,2%Other 28,3%
    Source: company disclosures · own-taxonomy revenue-covered setBFRI 0,0% · rank #50 of 68

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    Peer comparison8 peers · vs BFRI · multiples and returns
    JN
    JNJ
    Johnson & Johnson
    $254,43
    622,1B USD
    P/E
    23,5x
    vs self
    Div yield
    2,0 %
    vs self
    ROE
    33,0 %
    +133,6 vs self
    LL
    LLY
    ELI LILLY AND COMPANY
    $1 124,04
    1,01T USD
    P/E
    52,0x
    vs self
    Div yield
    0,5 %
    vs self
    ROE
    66,2 %
    +166,7 vs self
    MR
    MRK
    MERCK & CO., INC.
    P/E
    vs self
    Div yield
    vs self
    ROE
    vs self
    PF
    PFE
    Pfizer Inc
    $25,05
    143,6B USD
    P/E
    18,2x
    vs self
    Div yield
    6,9 %
    vs self
    ROE
    8,6 %
    +109,2 vs self
    AB
    ABBV
    Abbvie Inc
    $245,10
    434,8B USD
    P/E
    110,6x
    vs self
    Div yield
    2,5 %
    vs self
    ROE
    -63,5 %
    +37,0 vs self
    AZ
    AZN
    AZN.L
    $157,59
    P/E
    vs self
    Div yield
    vs self
    ROE
    vs self
    BM
    BMY
    Bristol-myers Squibb Co
    $65,60
    134,3B USD
    P/E
    17,7x
    vs self
    Div yield
    4,1 %
    vs self
    ROE
    31,6 %
    +132,1 vs self
    GS
    GSK
    Gsk Plc-spon Adr
    P/E
    vs self
    Div yield
    vs self
    ROE
    vs self

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    -0,04
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    2
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-04 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate-0,04
    Revenueno estimateno estimate46,8M USD
    Operating incomeno estimateno estimate-424,500 USD
    Full-year consensus mean (period as reported by source) · consensus in USD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution2 analysts
    Strong buy0
    Buy2
    Hold0
    Sell0
    Strong sell0
    12-month price target$6,00 · Median $6,00
    Low $3,00High $9,00
    Operating income · consensus-424,500 USD
    EPS surprise
    −2 871,4 %
    reported vs consensus · miss
    Revenue surprise
    −10,8 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$3,00
    Mean$6,00
    Median$6,00
    High$9,00
    Spot$1,21
    +396.3 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin-27,2 %Bottom quartile
    Net Margin-25,3 %Bottom quartile
    ROE-100,5 %Bottom quartile
    Capex / Rev0,0 %Above P75
    D/E0,44Below median
    Cash Conv1,27Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    Derivative transactions

    Net acquired 5 036 172 sh4 exercises · 11 grants8 insiders
    • Luebbert HermannDirector, CEO & Chairman · Restricted Stock Units → Common StockDisposed 137 500exercise · 2026-03-05
    • Leffler Eugene FrederickChief Financial Officer · Restricted Stock Units → Common StockDisposed 87 500exercise · 2026-03-05
    • Leffler Eugene FrederickChief Financial Officer · Restricted Stock Units → Common StockAcquired 62 500grant · 2026-03-04
    • Weber Kevin DanielDirector · Employee stock option (right to buy) → Common StockAcquired 20 000 @ $0,90grant · 2026-03-04
    • Hoffman Beth J.Director · Employee stock option (right to buy) → Common StockAcquired 20 000 @ $0,90grant · 2026-03-04
    • Lanckriet HeikkiDirector · Employee stock option (right to buy) → Common StockAcquired 20 000 @ $0,90grant · 2026-03-04
    • Leffler Eugene FrederickChief Financial Officer · Employee stock option (right to buy) → Common StockAcquired 62 500 @ $0,90grant · 2026-03-04
    • Luebbert HermannDirector, CEO & Chairman · Restricted Stock Units → Common StockAcquired 125 000grant · 2026-03-04
    • Luebbert HermannDirector, CEO & Chairman · Employee stock option (right to buy) → Common StockAcquired 125 000 @ $0,90grant · 2026-03-04
    • Jones George PatrickChief Commercial Officer · Employee stock option (right to buy) → Common StockAcquired 50 000 @ $0,90grant · 2026-03-04
    • Jones George PatrickChief Commercial Officer · Restricted Stock Units → Common StockAcquired 50 000grant · 2026-03-04
    • BORER JOHN J IIIDirector · Employee stock option (right to buy) → Common StockAcquired 20 000 @ $0,90grant · 2026-03-04
    • Biofrontera AGDirector, 10% owner · Series D Convertible Preferred Stock → Common StockAcquired 4 831 172 @ $0,00purchase · 2025-09-16
    • Jones George PatrickChief Commercial Officer · Employee stock option (right to buy) → Common StockAcquired 100 000 @ $1,00grant · 2025-09-15
    • Leffler Eugene FrederickChief Financial Officer · Restricted Stock Units → Common StockDisposed 87 500exercise · 2025-09-10
    • Luebbert HermannDirector, CEO & Chairman · Restricted Stock Units → Common StockDisposed 137 500exercise · 2025-09-10

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Biofrontera Inc Market data — financials · 2026-05-27
    • Biofrontera Inc Market data — analyst estimates · 2026-05-27

    Ownership & reference

    Top holders

    • Geode Capital Management, L.L.C.Investment Managers · as of 2026-03-310,00 %$0M
    • Vanguard Capital Management, LLCInvestment Managers · as of 2025-12-310,00 %$0M
    • UBS Financial Services, Inc.Investment Managers · as of 2026-03-310,00 %$0M
    • BlackRock Institutional Trust Company, N.A.Investment Managers · as of 2024-06-300,00 %$0M

    Leadership

    • Wilhelm K. T. ZoursChairman of the Supervisory Board

    Insider activity

    Mixed / flat0 buys · 0 sellsnet $02 insiders · last 365d
    • Leffler Eugene FrederickChief Financial Officer · Common StockOther 87 500 · 2026-03-05
    • Luebbert HermannDirector, CEO & Chairman · Common StockOther 137 500 · 2026-03-05
    • Leffler Eugene FrederickChief Financial Officer · Common StockOther 87 500 · 2025-09-10
    • Luebbert HermannDirector, CEO & Chairman · Common StockOther 137 500 · 2025-09-10

    Short positioning

    24.2Kshares short-13.4% vs prior
    1days to cover
    35.5%short of daily vol
    20.5Kfails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    BFRI.OCanonical
    NASDAQ · USD

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    • Operating income (YoY) (2025-12-31 vs 2024-12-31): 34.1%Derived (calculated)
    • Net margin (FY 2025-12-31): -25.3%Derived (calculated)
    • Return on equity (FY 2025-12-31): -100.5%Derived (calculated)
    • Return on assets (FY 2025-12-31): -36.9%Derived (calculated)
    • Current ratio (FY 2025-12-31): 1.52xDerived (calculated)
    • Debt-to-equity (FY 2025-12-31): 1.73xDerived (calculated)
    • Capex (YoY) (2025-12-31 vs 2024-12-31): -80.0%Derived (calculated)
    • Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 8.2%Derived (calculated)
    • EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 67.7%Derived (calculated)
    • EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 67.7%Derived (calculated)
    • Net income (YoY) (2025-12-31 vs 2024-12-31): 40.7%Derived (calculated)
    • Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -30.1%Derived (calculated)
    • Revenue (YoY) (2025-12-31 vs 2024-12-31): 11.7%Derived (calculated)
    • Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 136.4%Derived (calculated)
    • Total assets (YoY) (2025-12-31 vs 2024-12-31): 29.2%Derived (calculated)
    • Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 2.4%Derived (calculated)
    • R&D expense (YoY) (2025-12-31 vs 2024-12-31): 78.0%Derived (calculated)
    • Total operating expenses (annual): USD 53.05MSEC XBRL filing
    • EPS (diluted) (annual): USD-PER-SHARES -1SEC XBRL filing
    • Pre-tax income (annual): USD -10.51MSEC XBRL filing
    • Revenue (annual): USD 41.7MSEC XBRL filing
    • Total liabilities (annual): USD 18.08MSEC XBRL filing
    • Capex (annual): USD 2KSEC XBRL filing
    • Cash & equivalents (annual): USD 6.39MSEC XBRL filing
    Showing 24 of 60 surfaced claims.
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-20 00:43 UTCANALYSTAnalyst coverage initiated
    2026-06-20 00:43 UTCANALYSTAnalyst coverage initiated
    2026-06-20 00:43 UTCANALYSTAnalyst coverage initiated
    2026-06-17FILING8-K filing →
    2026-05-14FILING10-Q filing →
    2026-05-14FILING8-K filing →
    2026-04-30FILINGDEF 14A filing →
    2026-03-19FILING10-K filing →
    2026-03-19FILING8-K filing →
    2026-03-09FILING8-K filing →
    2026-03-05 00:00 UTCINSIDER14 insider transactions — 2026-03 12 derivative
    2026-03-05INSIDERLeffler Eugene Frederick transacted 87.5k sh — Chief Financial Officer
    2026-03-05INSIDERLuebbert Hermann transacted 137.5k sh — Director, CEO & Chairman
    2026-03-05INSIDERLeffler Eugene Frederick disposed of 87.5k sh Restricted Stock Units — Chief Financial Officer
    2026-03-05INSIDERLuebbert Hermann disposed of 137.5k sh Restricted Stock Units — Director, CEO & Chairman
    2026-03-04INSIDERLanckriet Heikki acquired 20.0k sh Employee stock option (right to buy) — Director
    2026-03-04INSIDERLeffler Eugene Frederick acquired 62.5k sh Employee stock option (right to buy) — Chief Financial Officer
    2026-03-04INSIDERWeber Kevin Daniel acquired 20.0k sh Employee stock option (right to buy) — Director
    2026-03-04INSIDERLuebbert Hermann acquired 125.0k sh Restricted Stock Units — Director, CEO & Chairman
    2026-03-04INSIDERJones George Patrick acquired 50.0k sh Employee stock option (right to buy) — Chief Commercial Officer
    2026-03-04INSIDERHoffman Beth J. acquired 20.0k sh Employee stock option (right to buy) — Director
    2026-03-04INSIDERBORER JOHN J III acquired 20.0k sh Employee stock option (right to buy) — Director
    2026-02-26FILING8-K filing →
    2026-02-09FILING8-K filing →
    2026-01-13FILING8-K filing →
    2026-01-07FILING8-K filing →
    2025-12-05FILINGS-1 filing →
    2025-09-16 00:00 UTCINSIDER6 insider transactions — 2025-09 4 derivative
    2025-09-16INSIDERBiofrontera AG acquired 3.0k sh Series D Convertible Preferred Stock — Director, 10% owner
    2025-09-15INSIDERJones George Patrick acquired 100.0k sh Employee stock option (right to buy) — Chief Commercial Officer
    2025-09-10INSIDERLeffler Eugene Frederick transacted 87.5k sh — Chief Financial Officer
    2025-09-10INSIDERLuebbert Hermann transacted 137.5k sh — Director, CEO & Chairman
    2025-09-10INSIDERLuebbert Hermann disposed of 137.5k sh Restricted Stock Units — Director, CEO & Chairman
    2025-09-10INSIDERLeffler Eugene Frederick disposed of 87.5k sh Restricted Stock Units — Chief Financial Officer
    2025-07-22 00:00 UTCINSIDER8 insider transactions — 2025-07 8 derivative
    2024-07-12 00:00 UTCINSIDER1 insider transaction — 2024-07 1 derivative
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage