Mismanagement

ACRSAclaris Therapeutics, Inc.

Pharmaceutical Preparations

Revenue
$8MFY2021: $7MFY2022: $30MFY2023: $31MFY2024: $19MFY2025: $8M
58% YoY
Operating margin
-975.9%FY2021: -1327.1%FY2022: -302.0%FY2023: -311.6%FY2024: -758.2%FY2025: -975.9%
29% YoY
EBITDA
−$76MFY2021: −$89MFY2022: −$89MFY2023: −$96MFY2024: −$141MFY2025: −$76M
46% YoY
Market cap
—
Employees
—
Net debt / EBITDA
—
−$8M net debt
AI in 10-K
—

Red flags 1 of 9

Financials

MetricFY2021FY2022FY2023FY2024FY2025YoYTrend
Revenue$7M$30M$31M$19M$8M 58% FY2021: $7MFY2022: $30MFY2023: $31MFY2024: $19MFY2025: $8M
Operating income−$90M−$90M−$97M−$142M−$76M 46% FY2021: −$90MFY2022: −$90MFY2023: −$97MFY2024: −$142MFY2025: −$76M
Net income−$91M−$87M−$88M−$132M−$65M 51% FY2021: −$91MFY2022: −$87MFY2023: −$88MFY2024: −$132MFY2025: −$65M
Operating cash flow−$52M−$68M−$78M−$20M−$47M 135% FY2021: −$52MFY2022: −$68MFY2023: −$78MFY2024: −$20MFY2025: −$47M
Capex$308K$605K$1M$121K$111K 8.3% FY2021: $308KFY2022: $605KFY2023: $1MFY2024: $121KFY2025: $111K
Stock-based comp$14M$15M$21M$11M$12M 14% FY2021: $14MFY2022: $15MFY2023: $21MFY2024: $11MFY2025: $12M

Deal filings

None.

13D filers

None on file.

Insider trading

No open-market trades in the last 12 months.

Pay vs performance

YearCEO total compComp actually paidTSR (indexed)Peer TSR
FY2025——19—
FY2024——16—
FY2023——7—