Private company
RVL Pharmaceuticals plc
Pharmaceutical preparations company that raised $5 million in 2023 (SEC Form D)1
In its 2023 annual report the company says: “We are a specialty pharmaceutical company focused on the development and commercialization of products that target markets with underserved patient populations in the ocular medicine and medical aesthetics therapeutic areas. We acquired the worldwide rights to RVL-1201 in 2017 in exchange for an upfront cash payment plus the obligation to make additional payments consisting of future earn-out payments to the sellers of RevitaLid based on net sales of Upneeq.”48 It is headquartered in Bridgewater, New Jersey.1
Last updated Oct 20, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Cost of revenue10¢$9.5M
- Research and development4¢$4.0M
- Selling, general and admin83¢$82.0M
- Interest3¢$3.1M
- Income tax0¢$20.0K
Out of $49.7M in revenue.3 The company lost money this year.
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenue | $245.7M4 | $263.7M5 | $240.0M6 | $27.8M7 | $17.5M3 | $49.7M3 | |
| Cost of revenue | $125.2M4 | $140.1M5 | $111.6M6 | $3.3M7 | $3.6M3 | $9.5M3 | |
| Gross profit | $120.6M4 | $123.6M5 | $128.4M6 | $24.5M7 | $13.9M3 | $40.3M3 | |
| Research and development | $42.7M4 | $43.7M5 | $32.3M6 | $13.4M7 | $6.9M3 | $4.0M3 | |
| Selling, general and admin | $57.0M4 | $74.2M5 | $93.0M6 | $72.8M7 | $87.5M3 | $82.0M3 | |
| Operating expenses | $102.3M3 | $99.3M3 | |||||
| Operating income | -$52.1M4 | -$98.5M5 | -$280.7M6 | -$90.7M7 | -$82.8M3 | -$59.0M3 | |
| Interest | $29.1M4 | $20.8M5 | $18.2M6 | $4.1M7 | $3.0M3 | $3.1M3 | |
| Income before tax | -$82.5M3 | -$51.7M3 | |||||
| Income tax | -$44.5M4 | -$9.0M5 | -$27.1M6 | $5.8M7 | -$315.0K3 | $20.0K3 | |
| Net income | -$41.1M4 | -$109.7M5 | -$270.9M6 | -$79.6M7 | -$64.9M3 | -$51.7M3 | |
| Earnings per share | -$1.317 | -$0.963 | -$0.583 | ||||
| Earnings per share (diluted) | -$1.317 | -$0.963 | -$0.583 | ||||
| Shares (weighted, basic) | 67.4M shares3 | 89.8M shares3 | |||||
| Shares (weighted, diluted) | 67.4M shares3 | 89.8M shares3 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash | $19.6M4 | $34.7M5 | $70.8M6 | $95.9M7 | $114.1M3 | $40.4M3 | $44.5M3 |
| Receivables | $2.1M7 | $947.0K3 | |||||
| Inventory | $838.0K3 | $784.0K3 | |||||
| Current assets | $114.8M4 | $172.4M5 | $172.6M6 | $173.2M7 | $59.4M3 | $57.0M3 | |
| Goodwill | $55.8M3 | $55.8M3 | |||||
| Intangible assets | $27.2M3 | $13.9M3 | |||||
| Total assets | $919.7M4 | $795.6M5 | $463.3M6 | $370.9M7 | $144.7M3 | $128.5M3 | |
| Short-term debt | $2.4M3 | $1.4M3 | |||||
| Current liabilities | $124.7M4 | $114.0M5 | $75.9M6 | $55.8M7 | $20.1M3 | $19.7M3 | |
| Long-term debt | $313.9M4 | $266.8M5 | $267.9M6 | $219.5M6 | $55.0M7 | $75.0M3 | |
| Total liabilities | $484.0M4 | $411.8M5 | $348.5M6 | $277.1M7 | $67.9M3 | $77.4M3 | |
| Retained earnings | -$517.5M3 | -$569.2M3 | |||||
| Shareholders’ equity | $383.8M6 | $114.7M7 | $93.9M3 | $76.7M3 | $51.1M3 | ||
| Shares outstanding | 52.5M shares5 | 51.8M shares6 | 62.5M shares7 | 83.3M shares3 | 99.2M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $57.8M4 | $37.6M5 | $33.6M6 | $17.6M7 | -$54.7M3 | -$37.8M3 | |
| Depreciation and amortization | $8.2M3 | $375.0K3 | |||||
| Stock-based compensation | $7.6M3 | $4.1M3 | |||||
| Capital spending | $6.9M4 | $4.1M5 | $4.0M6 | $2.9M7 | $1.8M3 | $752.0K3 | |
| Free cash flow | $50.9M | $33.4M | $29.6M | $14.7M | -$56.5M | -$38.6M | |
| Cash from investing | $116.5M3 | $126.0K3 | |||||
| Share buybacks | $2.8M6 | $8.1M7 | |||||
| Cash from financing | -$135.3M3 | $41.8M3 |
Corporate structure
RVL Pharmaceuticals plc sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of RVL Pharmaceuticals plc
- Athyrium Opportunities IV Acquisition 2 LP Filed SC 13D/A on RVL Pharmaceuticals plc, latest Nov 28, 2023 (5 filings since Oct 22, 2021)
- Altchem Ltd Filed SC 13D/A on RVL Pharmaceuticals plc, latest Nov 1, 2023 (2 filings since Nov 3, 2021)
- Avista Healthcare Partners GP, Ltd. Filed SC 13D/A on RVL Pharmaceuticals plc, latest Aug 17, 2023 (2 filings since Jan 30, 2023)
- Avista Capital Partners III GP, L.P. Filed SC 13D/A on RVL Pharmaceuticals plc, latest Aug 9, 2022 (2 filings since Oct 14, 2021)
- RVL Pharmaceuticals plc Bridgewater, New Jersey
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What RVL Pharmaceuticals plc reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Construction in progress | $700.0K3 Dec 31, 2022 | $72.0K3 Dec 31, 2021 | +872.2% |
| Finance-lease assets | $28.0K3 Dec 31, 2022 | $5.0K3 Dec 31, 2021 | +460.0% |
| Operating-lease assets (leased space) | $512.0K3 Dec 31, 2022 | $1.4M3 Dec 31, 2021 | −62.6% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $55.8M3 Dec 31, 2022 | $55.8M3 Dec 31, 2021 | 0% |
| Intangible assets, net (excluding goodwill) | $13.9M3 Dec 31, 2022 | $27.2M3 Dec 31, 2021 | −48.9% |
Inventory
Leadership
Who has led RVL Pharmaceuticals plc, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerBrian A. Markison Oct 18, 2018 to Aug 9, 202210
- Chief financial officerAndrew J. Einhorn Oct 18, 2018 to Jan 26, 202211
- Chief operating officerJames Schaub Oct 18, 2018 to May 22, 202312
Board members and other officers (11)
- Principal Accounting OfficerMichael Depetris Apr 22, 2022 to Apr 22, 202213
- EVP, Research & DevelopmentTina Marie Devries Oct 18, 2018 to May 20, 202214
- Board memberAlisa Lask Aug 12, 2022 to Aug 14, 202315
- Board memberGregory L. Cowan Jan 2, 2019 to Jul 11, 202316
- Board memberMichael J. Debiasi Oct 1, 2019 to Jul 11, 202317
- Board memberBrian A. Markison Oct 18, 2018 to Aug 9, 202210
- Board memberCarlos Alberto Sielecki Oct 18, 2018 to Oct 18, 201818
- Board memberDavid F. Burgstahler Oct 18, 2018 to Jan 30, 202319
- Board memberFred G. Weiss Oct 18, 2018 to Sep 3, 202120
- Board memberJuan Augusto Vergez Oct 18, 2018 to Oct 18, 201821
- Board memberSriram Venkataraman Oct 18, 2018 to Jan 30, 202322
Named in SEC Form D filings
People the company listed in its private-offering notices.
- DirectorJOAQUIN BENES named Aug 31, 202323
Former names
Timeline
- Feb 13, 20248-K Other events24
- Jan 17, 20248-K Other events25
- Dec 20, 20238-K Shareholder vote26
- Nov 27, 20238-K Bankruptcy or receivership; Completed an acquisition or sale; Other events27
- Nov 6, 20238-K Regulation FD disclosure28
- Oct 20, 20238-K Entered a material agreement; Bankruptcy or receivership; New debt or obligation29
- Oct 13, 20238-K Ended a material agreement; Bankruptcy or receivership; New debt or obligation30
- Sep 29, 20238-K Other events31
- Sep 22, 20238-K Executive or director change32
- Sep 5, 20238-K Other events33
- Aug 25, 20238-K Regulation FD disclosure34
- Aug 18, 20238-K Entered a material agreement; Unregistered sale of shares; Other events35
- Oct 18, 2018New chief executive Brian A. Markison becomes CEO10
Calendar
When it reported results
- Aug 14, 2023Reported quarterly or annual results36
- May 11, 2023Reported quarterly or annual results37
- Mar 20, 2023Reported quarterly or annual results38
- Jan 9, 2023Reported quarterly or annual results39
- Nov 10, 2022Reported quarterly or annual results40
- Oct 18, 2022Reported quarterly or annual results41
- Aug 11, 2022Reported quarterly or annual results42
- Jul 7, 2022Reported quarterly or annual results43
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
142 filings to the SEC since October 2021: 2 annual reports, 6 quarterly reports, 38 major events, 38 insider forms, 11 large holders, 1 private raises, 46 other. The latest 20:
- Feb 13, 20248-K EDGAR
- Jan 17, 20248-K EDGAR
- Dec 20, 20238-K EDGAR
- Nov 28, 2023SC 13D/A EDGAR
- Nov 27, 20238-K EDGAR
- Nov 16, 2023DEF 14A EDGAR
- Nov 6, 2023PRE 14A EDGAR
- Nov 6, 20238-K EDGAR
- Nov 1, 2023SC 13D/A SC 13D/A (AMENDMENT NO. 2) EDGAR
- Oct 23, 20234 PRIMARY DOCUMENT EDGAR
- Oct 23, 20234 PRIMARY DOCUMENT EDGAR
- Oct 20, 20234 PRIMARY DOCUMENT EDGAR
- Oct 20, 20234 PRIMARY DOCUMENT EDGAR
- Oct 20, 20238-K EDGAR
- Oct 18, 2023144 EDGAR
- Oct 13, 2023SC 13D/A EDGAR
- Oct 13, 20238-K EDGAR
- Sep 29, 20238-K EDGAR
- Sep 25, 2023144 EDGAR
- Sep 22, 20238-K EDGAR
The 142 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
12 open-market trades by officers, directors and large owners since October 2021: 6 buys and 6 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Oct 20, 2023 | Harsaul Foundation10% owner | Sale | 4,758,899 | $0.03 | $142.8K | Form 4 |
| Oct 20, 2023 | Altchem Ltd10% owner | Sale | 4,758,899 | $0.03 | $142.8K | Form 4 |
| Oct 19, 2023 | Harsaul Foundation10% owner | Sale | 9,363,760 | $0.05 | $468.2K | Form 4 |
| Oct 19, 2023 | Altchem Ltd10% owner | Sale | 9,363,760 | $0.05 | $468.2K | Form 4 |
| Oct 18, 2023 | Harsaul Foundation10% owner | Sale | 3,421,537 | $0.06 | $205.3K | Form 4 |
| Oct 18, 2023 | Altchem Ltd10% owner | Sale | 3,421,537 | $0.06 | $205.3K | Form 4 |
| Aug 8, 2022 | Schaub JamesEVP and COO | Buy | 150,000 | $1.55 | $232.5K | Form 4 |
| Aug 8, 2022 | MARKISON BRIAN AChief Executive Officer | Buy | 850,000 | $1.55 | $1.3M | Form 4 |
| Aug 8, 2022 | Burgstahler David FDirector | Buy | 8,000,000 | $1.55 | $12.4M | Form 4 |
| Aug 8, 2022 | Venkataraman SriramDirector | Buy | 8,000,000 | $1.55 | $12.4M | Form 4 |
| Aug 8, 2022 | Orbit Co-Invest III LLC10% owner | Buy | 8,000,000 | $1.55 | $12.4M | Form 4 |
| Dec 16, 2021 | Schaub JamesEVP and COO | Buy | 93,800 | $1.07 | $100.4K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Athyrium Opportunities IV Acquisition 2 LPSC 13D/A, 5 filings Oct 22, 2021 to Nov 28, 202344
- Altchem LtdSC 13D/A, 2 filings Nov 3, 2021 to Nov 1, 202345
- Avista Healthcare Partners GP, Ltd.SC 13D/A, 2 filings Jan 30, 2023 to Aug 17, 202346
- Avista Capital Partners III GP, L.P.SC 13D/A, 2 filings Oct 14, 2021 to Aug 9, 202247
Money raised
Private offerings the company reported to the SEC on Form D.
- Aug 18, 2023Raised $5 million in a private offering of securities Form D: 1 investor so far Form D
SEC filer profile
How RVL Pharmaceuticals plc is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARRVL Pharmaceuticals plc1
- CIK0001739426
- Filer status<br>emerging growth company1
- Incorporated inIreland1
- Fiscal year endsDecember 311
- Industry code (SIC)2834 Pharmaceutical Preparations1
- SEC reviewing officeOffice of Life Sciences, Division of Corporation Finance1
- Business address400 Crossing Boulevard, Bridgewater, NJ 088071
- Phone90880913001
- Shares outstanding99,535,197 as of Aug 11, 20239
- Public float$44.9M as of Jun 30, 20223
- On EDGAR sinceMay 9, 20181
- Filings323 in all: 4 (80), 8-K (79), CORRESP (19), 3 (18), 10-Q (15), UPLOAD (13), DEF 14A (9), SC 13D/A (9)1
All 35 form types
144 (7), EFFECT (7), PRE 14A (7), 424B5 (6), DEFA14A (6), 10-K (5), S-3 (5), 3/A (4), SC 13G (4), DRS/A (3), S-1/A (3), SC 13D (3), 424B4 (2), CT ORDER (2), DRSLTR (2), S-1 (2), S-8 (2), SC 13G/A (2), 10-K/A (1), 25-NSE (1), 424B3 (1), 8-A12B (1), ARS (1), CERT (1), D (1), DRS (1), FWP (1)
- Latest filingsAnnual report (10-K) Mar 20, 2023
Quarterly report (10-Q) Aug 14, 2023
Proxy statement (DEF 14A) Nov 16, 2023
Latest 8-K (8-K) Feb 13, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 15SEC EDGARAlisa Lask, Board member
- 16SEC EDGARGregory L. Cowan, Board member
- 17SEC EDGARMichael J. Debiasi, Board member
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- 19SEC EDGARDavid F. Burgstahler, Board member
- 20SEC EDGARFred G. Weiss, Board member
- 21SEC EDGARJuan Augusto Vergez, Board member
- 22SEC EDGARSriram Venkataraman, Board member
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- 24SEC EDGAROther events
- 25SEC EDGAROther events
- 26SEC EDGARShareholder vote
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- 28SEC EDGARRegulation FD disclosure
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- 31SEC EDGAROther events
- 32SEC EDGARExecutive or director change
- 33SEC EDGAROther events
- 34SEC EDGARRegulation FD disclosure
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