Veru Inc., an oncology biopharmaceutical company, focuses on developing medicines for the management of cancers. Its commercial products comprise FC2 female condom/internal condom for the dual protection against unintended pregnancy and the transmission of sexually transmitted infections for ministries of health, government health agencies, U.N. agencies, nonprofit organizations, and commercial partners. The company's development drug candidates include Enobosarm, an oral selective androgen receptor agonist that is in phase III clinical trial for the treatment of AR+ ER+ HER2- metastatic breast cancer; Sabizabulin, which is phase IIb clinical trial for the treatment of AR+ ER+ HER2- metastatic breast cancer; Enobosarm + abemaciclib combination therapy, which is in phase III clinical trial for the treatment of AR+ ER+ HER2- metastatic breast cancer; and Sabizabulin + enobosarm combination therapy, an oral targeted cytoskeleton disruptor plus selective androgen receptor agonist, which is in phase II clinical trial for the treatment of metastatic triple negative breast cancer. Its drug candidates also comprise Sabizabulin, which is in Phase II clinical trial for the treatment of metastatic castration and androgen receptor targeting agent resistant prostate cancer; VERU-100, a GnRH antagonist peptide injection, which is in Phase II clinical trial for the treatment of advanced hormone sensitive prostate cancer; Zuclomiphene Citrate, which is in Phase II clinical trial for treating hot flashes; and Sabizabulin, which is in phase III clinical trial for the treatment of SARS-CoV-2 in subjects at high risk for acute respiratory distress syndrome. In addition, the company is advancing a new drug formulation for the treatment of men with lower urinary tract symptoms from an enlarged prostate. The company was formerly known as The Female Health Company and changed its name to Veru Inc. in July 2017. Veru Inc. was incorporated in 1971 and is headquartered in Miami, Florida.
Revenue of Veru Inc. (VERU)
Revenue in 2023 (TTM): $16.3 M
According to Veru Inc.'s latest financial reports the company's current revenue (TTM) is $16.3 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Veru Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $16.3 M | $7.57 M | $-94,698,455 | $-92,608,747 | $-93,088,953 |
| 2022 | $39.35 M | $30.59 M | $-83,223,560 | $-83,539,623 | $-83,776,020 |
| 2021 | $61.26 M | $47.93 M | $-23,847,659 | $4.27 M | $7.39 M |
| 2020 | $42.59 M | $30.79 M | $-14,746,694 | $-20,051,976 | $-18,973,535 |
| 2019 | $31.8 M | $21.66 M | $-6,435,894 | $-12,321,299 | $-12,017,366 |
| 2018 | $15.86 M | $8.78 M | $-20,872,407 | $-23,072,287 | $-23,938,389 |
| 2017 | $13.66 M | $7.02 M | $-6,079,707 | $-8,602,490 | $-6,612,047 |
| 2016 | $22.13 M | $13.35 M | $3.59 M | $2.81 M | $344.73 K |
| 2015 | $32.6 M | $18.97 M | $7.05 M | $6.69 M | $4.35 M |
| 2014 | $24.49 M | $13.12 M | $4.6 M | $3.96 M | $2.43 M |
| 2013 | $31.46 M | $17.5 M | $10.45 M | $9.93 M | $14.34 M |
| 2012 | $35.03 M | $20.62 M | $11.09 M | $10.79 M | $15.3 M |
| 2011 | $18.57 M | $9.87 M | $3.36 M | $3.23 M | $5.4 M |
| 2010 | $22.22 M | $12.92 M | $8.68 M | $4.22 M | $6.74 M |
| 2009 | $27.54 M | $13.52 M | $7.44 M | $5.05 M | $6.54 M |
| 2008 | $25.63 M | $10.73 M | $2.33 M | $4.2 M | $4.97 M |
| 2007 | $19.32 M | $7.16 M | $1.2 M | $868.91 K | $1.69 M |
| 2006 | $14.82 M | $5.49 M | $586.34 K | $228.01 K | $282.03 K |
| 2005 | $11.16 M | $4.79 M | $-774,354 | $-1,325,357 | $-1,355,656 |
| 2004 | $8.83 M | $3.62 M | $83.11 K | $-1,067,527 | $-2,018,888 |
| 2003 | $9.05 M | $3.59 M | $210.53 K | $ | $-2,370,169 |
| 2002 | $8.42 M | $3.56 M | $-400,180 | $-3,927,700 | $-3,481,162 |
| 2001 | $6.72 M | $1.38 M | $200.09 K | $-1,171,256 | $-1,171,256 |
| 2000 | $5.77 M | $2.16 M | $-958,090 | $-2,493,103 | $-3,690,163 |
| 1999 | $4.72 M | $1.4 M | $-1,842,389 | $-2,925,816 | $-3,750,309 |
| 1998 | $5.45 M | $178.03 K | $-2,734,046 | $-3,033,758 | $-3,357,316 |
| 1997 | $2.92 M | $-559,301 | $-4,764,642 | $-5,158,886 | $-5,609,149 |
| 1996 | $2.06 M | $-1,620,440 | $-7,022,222 | $-8,202,520 | $-8,660,303 |
| 1995 | $2.2 M | $-300,000 | $-8,300,000 | $ | $-8,300,000 |
| 1994 | $16.2 M | $8.7 M | $-2,200,000 | $-1,500,000 | $-3,000,000 |
| 1993 | $12.5 M | $5.6 M | $-2,500,000 | $ | $-3,700,000 |
| 1992 | $11.2 M | $5.1 M | $1000 K | $-800,000 | $-4,300,000 |
| 1991 | $13.1 M | $5.9 M | $-1,600,000 | $-1,000,000 | $-1,500,000 |
| 1990 | $10.7 M | $4.6 M | $800 K | $1000 K | $300 K |