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

SG&A Cost Management: Opthea vs. Soleno

__timestampOpthea LimitedSoleno Therapeutics, Inc.
Wednesday, January 1, 201426520412917513
Thursday, January 1, 201523615877878291
Friday, January 1, 201644728698366794
Sunday, January 1, 201750309576610381
Monday, January 1, 201849889416556000
Tuesday, January 1, 201951964126930000
Wednesday, January 1, 202066527748758000
Friday, January 1, 20211841824710806000
Saturday, January 1, 2022248270669844000
Sunday, January 1, 20234189640813481000
Monday, January 1, 202415488619
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Data in motion

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 Soleno Therapeutics, Inc. have taken different paths in this regard over the past decade. From 2014 to 2023, Opthea's SG&A expenses surged by over 1,400%, peaking in 2023. This dramatic increase suggests aggressive expansion or investment in administrative capabilities. In contrast, Soleno's expenses grew by approximately 360% during the same period, indicating a more conservative approach.

Interestingly, in 2021, Opthea's expenses were nearly 70% higher than Soleno's, highlighting a significant divergence in cost management strategies. However, the data for 2024 is incomplete, leaving room for speculation on future trends. As investors and analysts look to the future, understanding these cost dynamics will be key to evaluating each company's strategic direction.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025