Ascendis Pharma A/S or Evotec SE: Who Manages SG&A Costs Better?

SG&A Cost Management: Ascendis vs. Evotec

__timestampAscendis Pharma A/SEvotec SE
Wednesday, January 1, 2014627400017990000
Thursday, January 1, 2015941500025166000
Friday, January 1, 20161150400027013000
Sunday, January 1, 20171348200042383000
Monday, January 1, 20182505700057012000
Tuesday, January 1, 20194847300066546000
Wednesday, January 1, 20207666900077238000
Friday, January 1, 2021160180000105445000
Saturday, January 1, 2022221227000156190000
Sunday, January 1, 2023264410000169610000
Monday, January 1, 2024284545000
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Cracking the code

Managing SG&A Costs: Ascendis Pharma A/S vs. Evotec SE

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Ascendis Pharma A/S and Evotec SE, two prominent players in the industry, have shown distinct trends in their SG&A expenses over the past decade.

From 2014 to 2023, Ascendis Pharma A/S saw a staggering increase in SG&A expenses, growing by over 4,100%, from approximately $6.3 million to $264 million. In contrast, Evotec SE's expenses rose by about 840%, from $18 million to $170 million. This indicates that while both companies have expanded their operations, Ascendis Pharma A/S has experienced a more rapid increase in costs.

Understanding these trends can provide valuable insights into each company's strategic priorities and operational efficiencies, offering a glimpse into their future financial health.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025