Opthea Limited vs TG Therapeutics, Inc.: SG&A Expense Trends

Biotech Giants' SG&A Expenses: A Decade of Strategic Growth

__timestampOpthea LimitedTG Therapeutics, Inc.
Wednesday, January 1, 2014265204124518692
Thursday, January 1, 2015236158719886580
Friday, January 1, 2016447286912631689
Sunday, January 1, 2017503095721977998
Monday, January 1, 2018498894120759000
Tuesday, January 1, 2019519641220838000
Wednesday, January 1, 20206652774121812000
Friday, January 1, 202118418247152137000
Saturday, January 1, 20222482706683231000
Sunday, January 1, 202341896408122706000
Monday, January 1, 202415488619
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Unleashing the power of data

SG&A Expense Trends: Opthea Limited vs TG Therapeutics, Inc.

In the dynamic world of biotechnology, understanding financial trends is crucial for investors and stakeholders. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Opthea Limited and TG Therapeutics, Inc. from 2014 to 2023. Over this period, TG Therapeutics, Inc. consistently outpaced Opthea Limited in SG&A spending, peaking in 2021 with expenses nearly 6 times higher than Opthea's. Notably, TG Therapeutics saw a dramatic increase in 2020, with expenses surging by over 500% compared to 2019. Meanwhile, Opthea's SG&A expenses showed a steady upward trend, culminating in a significant spike in 2023, marking a 170% increase from the previous year. These trends highlight the aggressive expansion strategies of both companies, with TG Therapeutics leading the charge. Missing data for 2024 suggests a need for cautious interpretation of future projections.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025