Evofem Biosciences

Evofem Biosciences

Evofem Inc., a biotechnology company, develops reproductive and contraceptive care products for women worldwide. Learn more

Launch date
Employees
Market cap
CAD1.3m
Enterprise valuation
CAD67m (Public information from Sep 2024)
San Diego California (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2019202020212022202320242025
Revenues-<1m8.2m16.8m18.2m125m193m
% growth--1748 %104 %8 %585 %55 %
EBITDA(45.0m)(66.9m)(133m)(93.6m)(89.5m)--
% EBITDA margin-(14990 %)(1615 %)(556 %)(491 %)--
Profit(80.0m)(142m)(205m)(76.7m)53.0m--
% profit margin-(31908 %)(2489 %)(456 %)291 %--
EV / revenue-522.2x20.5x4.5x2.5x--
EV / EBITDA-5.9x-3.5x-1.3x-0.8x-0.5x--
R&D budget22.2m17.1m33.1m25.0m2.9m--
R&D % of revenue-3823 %402 %149 %16 %--

Source: Dealroom estimates

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DateInvestorsAmountRound
-

N/A

-
N/A

$25.0m

Early VC

$20.6m

Series C

$6.7m

Series C
N/A

$8.0m

Series C
N/A

N/A

IPO
N/A

$20.0m

Early VC

$25.0m

Series D
N/A

$7.5m

Early VC

$80.0m

Post IPO Equity
*
N/A

$100m

Post IPO Equity

$25.0m

Post IPO Convertible
*
N/A

$26.6m

Post IPO Equity
*
N/A

$1.4m

Post IPO Debt
*

$100m

Valuation: $100m

5.9x EV/LTM Revenues

-1.1x EV/LTM EBITDA

Acquisition
Total FundingCAD154m

Recent News about Evofem Biosciences

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More about Evofem Biosciencesinfo icon
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Evofem Biosciences is a pioneering company in the sexual and reproductive healthcare sector, focusing on innovative, hormone-free contraceptive solutions. The company primarily serves women in the United States who are seeking non-hormonal, localized methods of birth control. Evofem operates in the pharmaceutical and healthcare markets, leveraging its extensive industry experience to introduce groundbreaking products that align with the growing trend towards natural and organic solutions. The business model revolves around the development, marketing, and sale of its flagship product, Phexxi, a hormone-free contraceptive gel. Revenue is generated through product sales, partnerships, and potentially through licensing agreements. Evofem's leadership team brings over 85 years of combined experience in healthcare and pharmaceuticals, ensuring robust strategic direction and execution. The company aims to empower women by providing them with more natural and effective contraceptive options, thereby addressing a significant gap in the market.

Keywords: hormone-free, contraceptive, women's health, pharmaceutical, Phexxi, non-hormonal, reproductive healthcare, innovation, natural products, U.S. market.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Evofem Biosciences

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Solosec
ACQUISITION by Evofem Biosciences Jul 2024