Who Optimizes SG&A Costs Better? Opthea Limited or ImmunityBio, Inc.

SG&A Cost Management: Opthea vs. ImmunityBio

__timestampImmunityBio, Inc.Opthea Limited
Wednesday, January 1, 201443260002652041
Thursday, January 1, 20152262060002361587
Friday, January 1, 2016943910004472869
Sunday, January 1, 2017538210005030957
Monday, January 1, 2018354630004988941
Tuesday, January 1, 2019464560005196412
Wednesday, January 1, 2020713180006652774
Friday, January 1, 202113525600018418247
Saturday, January 1, 202210270800024827066
Sunday, January 1, 202312962000041896408
Monday, January 1, 202415488619
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Optimizing SG&A Costs: A Tale of Two Companies

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. Opthea Limited and ImmunityBio, Inc. have taken different paths in this regard. From 2014 to 2023, ImmunityBio's SG&A expenses fluctuated significantly, peaking in 2015 with a staggering 2.26 billion, while Opthea maintained a more consistent approach, with expenses rising steadily to 41.9 million in 2023.

Opthea's strategy appears more stable, with a 58% increase in SG&A costs from 2021 to 2023, compared to ImmunityBio's 4% rise in the same period. This suggests Opthea's focus on gradual scaling, while ImmunityBio's expenses reflect a more volatile growth strategy. As we look to 2024, Opthea's data remains, but ImmunityBio's absence leaves questions about its future financial maneuvers.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025